01684pab a2200181 454500 180718b2015 xxu||||| |||| 00| 0 eng d Marti, Caridad Public financial management systems and countrie's governance: a cross-country study 2015 p.165-178. Aug The objective of this study is to explore whether a relationship exists between public financial management (PFM) systems and expert perceptions of countries' governance in an international cross-country study. We examine the extent to which variations in accounting, budgeting and auditing practices are associated with governance in a sample of 97 countries that represent different levels of development, analysing the differences between countries classified into factor, efficiency and innovation-driven economies. Our concept of governance perception includes three dimensions: accountability, government effectiveness and corruption. We find that countries with a higher level of economic development show, on average, more sophisticated PFM systems characterized by the presentation of accrual-based financial statements, the application of value for money audits and higher budget transparency. When analysing the sub-samples of countries according to the level of economic development, we find that countries with similar governance perception scores show different patterns of PFM practices, suggesting that there is no one-size-fits-all approach. - Reproduced Budgetary control Financial administration Kasperskaya, Yulia Public Administration and Development 109198 109193 109193 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 35, Issue no: 3 AR109658 2018-07-19 2018-07-19 AR