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Influences Of The Sarbanes-Oxley Act On Ethical Financial Operations In Nonprofit Organizations, Stephanie Powell Works
Influences Of The Sarbanes-Oxley Act On Ethical Financial Operations In Nonprofit Organizations, Stephanie Powell Works
Walden Dissertations and Doctoral Studies
In the United States, approximately 7% of nonprofits' annual revenue is lost as a result of a lack of ethical financial operations among nonprofit executive directors (EDs). This represents $85 billion in estimated annual losses in available operating funds. This study addressed the problem of ineffective leadership in nonprofit organizations from the perspective of EDs responsible for ethical financial operations. The purpose of this phenomenological study was to understand the lived experiences of nonprofit EDs who self-reported the use of 1 of Burn's and Bass' 3 leadership styles and whether leadership style influenced the use of the Sarbanes Oxley Act …