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Collaborative leadership and financial sustainability in local government

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  • Jungin Kim

Abstract

This research examines whether collaborative leadership significantly influences the financial sustainability of local government. Unlike other studies on financial sustainability, ours examined collaborative leadership’s effect on both subjective and objective financial sustainability by controlling for socio-demographic and economic factors (i.e., population size, population density, population aged over 65 years, unemployment rate, and gross domestic regional product) that influence the financial sustainability of local government. Ordinary least squares (OLS) regression analysis of data collected from local revenue officers as well as secondary data from local governments in South Korea revealed that collaborative leadership has a positive effect on the subjective perception of financial sustainability and a negative effect on the objective financial sustainability (net debt) of local government. These findings underscore the necessity of collaborative leadership for financial sustainability as well as the strategies needed for its development in local government.

Suggested Citation

  • Jungin Kim, 2018. "Collaborative leadership and financial sustainability in local government," Local Government Studies, Taylor & Francis Journals, vol. 44(6), pages 874-893, November.
  • Handle: RePEc:taf:flgsxx:v:44:y:2018:i:6:p:874-893
    DOI: 10.1080/03003930.2018.1512490
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    Cited by:

    1. Krzysztof Surowka, 2021. "Role of EU Funds in Financing the Activity of a Local Government in Poland from 2011 to 2020," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 1096-1109.
    2. Kakati Shivam & Roy Arup, 2021. "Financial sustainability: An annotated bibliography," Economics and Business Review, Sciendo, vol. 7(3), pages 35-60, September.

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