.... the capacity of governments to cope with shocks affecting their financial conditions. Design/methodology/approach Based on a multiple case analysis of eight Italian municipalities, this paper explores how accounting contributes to the government capacities which are used to anticipate and respond to shocks...

...Laura Maran; Warwick Funnell; Monia Castellini Purpose The purpose of this paper is to understand the enduring, fundamental contributions of accounting practices in the pursuit of decentralization by governments, with an examination of Peter Leopold’s reform of the municipalities in the late...