Budget transparency and financial sustainability Marco Bisogno

Uploaded by Marco Bisogno     Uploaded date: June 27, 2022    
Publication date
June 20, 2022
Paper language
Purpose – This 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/approach – Referring 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.
Findings – The 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/value – This 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.
Preferred Citation
Cuadrado-Ballesteros, B. and Bisogno, M. (2022), Budget transparency and financial sustainability, Journal of Public Budgeting, Accounting & Financial Management
Vol. 34 No. 6, pp. 210-234
Budget transparency, Financial sustainability, Solvency, Growth, Stability, Fairness
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Financial accounting
Type of Paper
Published paper

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