The research problem: We investigated the association between public-sector accounting reforms and efficiency at a central-government level, assessing efficiency through a global perspective. Motivation: The effects of financial management reforms on efficiency have rarely been investigated. We contribute to the academic debate concerning both public-sector accounting reforms (implementation of international accounting standards and accrual-accounting systems) and governmental efficiency, merging two streams of literature that have not been investigated thoroughly. The test hypotheses H-1: Countries that have implemented IPSAS are more efficient. H-2: Countries that have implemented accrual-accounting systems are more efficient. Target population: We used a sample of 22 European countries in the period 2010-2018. Adopted methodology: We adopted a two-step approach: first, we created several efficiency indicators using different techniques; second, we implemented a model to test our hypotheses. Analyses: Data Envelopment Analysis (DEA) technique, DEA with application of the bootstrap technique, and Order-m model Findings: Accrual accounting was positively associated with efficiency while findings did not totally support an association with IPSAS.

Public-Sector Accounting Reforms and Governmental Efficiency: A Two-Stage Approach

Bisogno, M
;
2022

Abstract

The research problem: We investigated the association between public-sector accounting reforms and efficiency at a central-government level, assessing efficiency through a global perspective. Motivation: The effects of financial management reforms on efficiency have rarely been investigated. We contribute to the academic debate concerning both public-sector accounting reforms (implementation of international accounting standards and accrual-accounting systems) and governmental efficiency, merging two streams of literature that have not been investigated thoroughly. The test hypotheses H-1: Countries that have implemented IPSAS are more efficient. H-2: Countries that have implemented accrual-accounting systems are more efficient. Target population: We used a sample of 22 European countries in the period 2010-2018. Adopted methodology: We adopted a two-step approach: first, we created several efficiency indicators using different techniques; second, we implemented a model to test our hypotheses. Analyses: Data Envelopment Analysis (DEA) technique, DEA with application of the bootstrap technique, and Order-m model Findings: Accrual accounting was positively associated with efficiency while findings did not totally support an association with IPSAS.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11386/4804831
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