Budget transparency and financial sustainability

Autor:	Beatriz Cuadrado-Ballesteros, Marco Bisogno
Rok vydání:	2022
Předmět:	Budget transparency Financial sustainability Solvency Growth Stability Fairness Public Administration Strategy and Management
Zdroj:	Journal of Public Budgeting, Accounting & Financial Management. 34:210-234
ISSN:	1945-1814 1096-3367
DOI:	10.1108/jpbafm-02-2022-0025
Popis:	PurposeThis study investigates the transparency of budgets by examining its relationship with financial sustainability, which is a central area of research in the public-sector context.Design/methodology/approachReferring to the public value framework, a large sample of 110 countries has been investigated, implementing econometric models where the dependent variable is the Open Budget Index (OBI), published by the International Budget Partnership (IBP), and the test variables are different indicators of financial sustainability.FindingsThe results that emerge from the analysis suggest that budget transparency could be positively associated with the financial sustainability of governments, beyond the traditional aims of enhancing citizens' trust and participation.Originality/valueThis research offers important insights for policy areas, suggesting that improving budget transparency could be beneficial for public administrations because of the positive association with financial sustainability.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e6fca744cd38c11c96f57878e924c262 https://doi.org/10.1108/jpbafm-02-2022-0025 Zobrazit plný text záznamu