A1 Journal article (refereed)
The formation of municipal risk management : a comparison of seven cities (2023)


Sippola, K., Pellinen, J., Rautiainen, A., Mättö, T., & Voutilainen, V. (2023). The formation of municipal risk management : a comparison of seven cities. Journal of Public Budgeting, Accounting and Financial Management, 35(6), 219-239. https://doi.org/10.1108/jpbafm-01-2023-0011


JYU authors or editors


Publication details

All authors or editors: Sippola, Kari; Pellinen, Jukka; Rautiainen, Antti; Mättö, Toni; Voutilainen, Vesa

Journal or series: Journal of Public Budgeting, Accounting and Financial Management

ISSN: 1096-3367

eISSN: 1945-1814

Publication year: 2023

Publication date: 16/11/2023

Volume: 35

Issue number: 6

Pages range: 219-239

Publisher: Emerald

Publication country: United Kingdom

Publication language: English

DOI: https://doi.org/10.1108/jpbafm-01-2023-0011

Publication open access: Openly available

Publication channel open access: Partially open access channel

Publication is parallel published (JYX): https://jyx.jyu.fi/handle/123456789/92018


Abstract

Purpose
This study aims to explore the formation of municipal risk management (RM) and the reasons for the differences of RM practices between the seven biggest cities in Finland.

Design/methodology/approach
The empirical data of this comparative qualitative case study comprises 33 interviews conducted with municipal managers. Supplementary material includes documentary material on municipal rules governing RM as well as annual reports and risk tools used in the municipalities.

Findings
This study found differences in cities with respect to when, how and why RM practices had evolved. The results indicate that differences in RM practices and development paths between cities are largely explained by the differences in the original reason to initiate RM, time span since its introduction, professional and educational backgrounds of risk managers, local risk events and accounting infrastructure such as RM tools developed in a city. These findings also suggest that even within the same municipality, different functions can be at different phases regarding RM.

Originality/value
This study reports on RM as a new form of accounting in the field of Finnish municipalities. This highlights how fairly uniform considerations at the field level lead to variation in the elaboration of RM practices at the municipal level. The study finds that different paths in the development of local RM involve iterative evolution between the phases of emergence, largely explained by contextual differences. This study contributes to understanding the emergence of new accounting forms in a municipal RM context.


Keywords: risk management; accounting; municipalities; public sector; qualitative research

Free keywords: risk management; the beginning of accounting; municipality; public sector; qualitative research

Fields of science:


Contributing organizations


Ministry reporting: Yes

Reporting Year: 2023

Preliminary JUFO rating: 1


Last updated on 2024-22-04 at 15:37