Enacting accountability: The case of the Asili di Carità, 1913–1926. (May 2020)

• Record Type: Journal Article
• Authors: Sian, Suki; Magli, Francesca; Nobolo, Alberto A.; Guarini, Enrico
• Other Names: Maran Laura guest-editor.; West Brian P guest-editor.
• Is Part Of: Accounting history. Volume 25:Number 2(2020)
• Page Start: 237
• Page End: 260
• Publication Date: 2020-05
• Subjects: accountability -- accounting -- education -- non-profit -- stakeholders; Accounting -- History -- Periodicals; 657.0905
• DOI: 10.1177/1032373219845918
• Languages: English
• ISSNs: 1032-3732

Abstract

The Asili di Carità was a non-profit educational institution established for very young children by the Catholic Church in 1836 in the City of Milan. This study shows how the First World War, changes in political ideology and economic developments in northern Italy directly impacted upon the, sometimes precarious, financial position of the Asili . Within the context of such change, the Board of the Asili enacted accountability through the maintenance and presentation of accounting records and meetings with stakeholders. This study draws from both public and private archives to examine the decisions made by the Board in response to change. The study focuses on the Asili's relations with its most economically powerful stakeholders in the period from 1913 to 1926 as it transitioned from a privately funded organisation to one that was funded predominantly by the Municipality of Milan, before reverting to private hands.