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Effect of Financial Management on Financial Sustainability of Sri Lankan Non-Governmental Organizations

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Mixed-methods analysis reveals financial management directly influences sustainability in NGOs, indicating critical financial practices.

Financial management practices significantly affect the sustainability of NGOs, with sound practices as the strongest predictor.
Quantitative analysis demonstrated that sound financial management practices have the highest influence (β = 0.324) on NGO sustainability.
The study employed a mixed-methods design, combining quantitative surveys from 250 NGOs and qualitative insights from 15 interviews.
Findings highlight the importance of internal financial competencies for resilience, suggesting improvements for NGO managers and policymakers.

Abdul Hameed Mohamed Azam (2025) studied this question.

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