Date of Conferral
2022
Degree
Doctor of Business Administration (D.B.A.)
School
Business Administration
Advisor
Jorge Gaytan
Abstract
The primary role of financial managers is to produce accurate financial reporting that shows financial health. Financial managers may experience negative effects on the financial stability of their business organizations if they do not conduct corporate-responsible financial reporting effectively. Grounded in the international accounting standards board’s framework, the purpose of this qualitative multiple case study was to explore strategies financial managers use to conduct corporate-responsible financial reporting to achieve financial stability. The participants comprised three financial managers in Georgia, US, with strategies to conduct corporate-responsible financial reporting to achieve financial stability. Data were collected from semistructured interviews, organizational documents, and artifacts. Thematic analysis was used to analyze the data. Three themes emerged: transparency led to corporate-responsible financial reporting, strong internal controls ensured corporate-responsible financial reporting, and efficient software facilitated corporate-responsible financial reporting. A key recommendation includes ensuring that the financial reporting data are transparent and accurate. The implications for positive social change include the potential for financial managers to increase their profits, which may translate into an increase in charitable donations made to community-based organizations.
Recommended Citation
Parker, Wendelin, "Strategies that Financial Managers Use to Effectively Conduct Corporate-Responsible Financial Reporting" (2022). Walden Dissertations and Doctoral Studies. 12820.
https://scholarworks.waldenu.edu/dissertations/12820
Included in
Accounting Commons, Educational Administration and Supervision Commons, Finance and Financial Management Commons
