• Farhan Ahmed
  • Salman Bahoo
  • Arslan Ayub


Non-Profit, Organizations, Governance, Accountability, Financial Reporting, Stakeholders, Developing Countries


This paper aims to critically examine and compare the structure, governance, and accountability’s development and presentation by five non-profit organizations through their official websites for their stakeholders. These five non-profit organizations belong to South Africa, Ghana, and Zimbabwe are surveyed by applying content analysis as a case study and ranked between 1st to 5th position. We found that the Nelson Mandela Children’s Fund that belongs to South Africa is at the top position in developing and presenting the best structure, governance, and accountability mechanism towards its stakeholders. The study presents theoretical contribution for non-profit organizations literature, with practical implications that the Nelson Mandela Children’s Fund could be considered a model foundation by existing and prospective non-profit organizations. The findings of the study also open another useful debate that developing countries, such as Pakistan, Portugal, Bangladesh, and Afghanistan communities can use these models of non-profit organizations to overcome multiple community issues, like poverty, women and child harassment, clean water, and food security.

Author Biographies

Farhan Ahmed

Farhan Ahmed is permenant faculty member at the Department of Economics & Management Sciences at NED University of Engineering & Technology, Karachi. His research areas are Accountability, Governance, Corporate Finance and Assets Pricing. His email address is farhan.mba2013@gmail. com

Salman Bahoo

Salman Bahoo is associated with the Islamia University, Bahawalpur, Pakistan as Lecturer in the Department of Commerce. He is currently pursuing his PhD from the Department of Economics and Statistics, University of Udine, Italy. His email ID is

Arslan Ayub

Arslan Ayub is currently working as Lecturer in the University of Sargodha, Lyallpur Campus, Faisalabad. He is pursuing his PhD from the Department of Commerce, Bahauddin Zakariya University, Multan, Pakistan. Mr. Arslan Ayub can be contacted via email at


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