Uploaded by Marco Bisogno Uploaded date: December 13, 2020
February 11, 2020
This paper focuses on two key issues that characterize the current public financial management debate—the quality of governance, and public sector accounting reforms. After investigating a sample of 33 Organisation for Economic Co-operation and Development (OECD) countries for the period 2010–2014, the authors suggest that states which have implemented public sector accounting reforms (through the adoption of accrual-based accounting systems and the implementation of International Public Sector Accounting Standards) have a higher level of governance quality. More specifically, their results suggest a positive influence on the level of accountability, government effectiveness, regulation quality, the rule of law, and controlling corruption; while political stability is not affected by such reforms.
Cuadrado-Ballesteros, B. & Bisogno, M. (2020): Public sector accounting reforms and the quality of governance, Public Money & Management, DOI: 10.1080/09540962.2020.1724665
Accrual accounting; governance; government effectiveness; IPSAS
Type of Paper