000			01684pab a2200181 454500
008			180718b2015 xxu||||| |||| 00| 0 eng d
100			_aMarti, Caridad
245			_aPublic financial management systems and countrie's governance: a cross-country study
260			_c2015
300			_ap.165-178.
362			_aAug
520			_aThe 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
650			_aBudgetary control
650			_aFinancial administration
700			_aKasperskaya, Yulia
773			_aPublic Administration and Development
909			_a109198
999			_c109193 _d109193