Public financial services transparency
Journal Title: Business Ethics and Leadership (BEL) - Year 2017, Vol 1, Issue 2
Abstract
Reforming state financial control after Ukraine gained independence was characterized by significant changes, but they had a spontaneous and non-systemic character. Due to uncoordinated transformation, the financial control system still spends disproportionately large resources on its content, retains many features of the post-Soviet period, especially in organizational and functional structures, the methods of work of control bodies, and therefore morally obsolete and practically does not provide necessary progress in stabilizing the financial and budgetary discipline in the state. As practice has shown, work organization of state financial control bodies requires significant resource costs (both labor and financial). The lack of coordination and systematization in activities of state financial control authorities does not allow optimizing the disposal and use of state financial resources, it stimulates the deepening of the financial crisis in the domestic economy.
Authors and Affiliations
Winston Logan, Oleksii Esmanov
Keywords
Related Articles
- EP ID EP460709
- DOI 10.21272/bel.1(2).62-67.2017
- Views 102
- Downloads 0
Balancing Freedom of the Press and Reasonable Restrictions in Bangladesh: An Appraisal
This article explores the balancing of freedom of the press and reasonable restrictions in Bangladesh under existing national laws and relevant international policy instruments. Across the globe, there is unending debate...
Scientific and methodical approaches to determining the center-orientation of financial conglomerates with the factor and cluster analysis
Involving Ukraine in the globalization of the world economic and financial system makes the transfer of most of the positive and negative effects of the external world in Ukrainian conditions that will have consequences...
Executive bonuses clawback in the banking sector
The current post-crisis era in most world countries motivates business entities to focus on improving of risk governance functions. It is mostly concerned to banks because of risky nature of their busi-ness. Before globa...
Relationship between Organization Culture and Managers’ Performance: Empirical Study of a Chinese University
This study investigated the relationships between organizational culture and managers’ performance in a Chinese university, with commitment as a mediating variable. It revealed that organizational culture had a significa...
Business Inefficiencies and Youth Unemployment in Ethiopia: A Case Study of Mettu Town
This paper summarizes the arguments and counterarguments within the scientific discussion on the issues of unemployment in Ethiopia. The main purpose of the research is to examine the trend and determinants of unemployme...