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Social and Behavioral Sciences Commons

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2002

Faculty of Commerce - Papers (Archive)

Accounting history

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The Legitimizing Power Of Financial Statements In The Salvation Army In England, 1865 - 1892, H. J. Irvine Jun 2002

The Legitimizing Power Of Financial Statements In The Salvation Army In England, 1865 - 1892, H. J. Irvine

Faculty of Commerce - Papers (Archive)

Since its inception The Salvation Army has relied heavily on external funds to survive. There is evidence to suggest that at the time of its founding, in 19th century England, and in its early years, financial statements played a powerful legitimizing role. This was crucial to an organization like The Salvation Army, newly formed and in desperate need of funds. This view is consistent with institutional theory, which emphasizes the importance of such legitimacy. However, it challenges the notion, prevalent in academic literature on accounting in religious organizations, that there is a resistance to the use of accounting as a ...