How transparency and accountability matter in regulating the Taiwan Water Supply Corporation

The role of transparency and professional assistance in regional financial management in the Indonesian regional governments

“…This finding at least confirms the research results of Seim and Søreide (2009), Elbahnasawy (2014), Lee et al (2018) and López-López et al (2018) before. Based on these findings it can be said that the existence of transparency is very important to encourage the creation of strong law enforcement in a Regional Government.…”

“…The application of good governance can play a role in reducing BPK's audit findings (Furqan et al, 2018). As one of the mechanisms of good governance, in his research in Taiwan, Lee et al (2018) also shows that transparency has an important role in creating healthy regulations, so that in designing regulatory instruments to mitigate/reduce corruption in a country, in addition to law enforcement and press freedom, it also needs to pay attention to aspects of transparency (Seim & Søreide, 2009). Related to this, Elbahnasawy (2014) in his research in 160 countries (developed and developing countries, including Indonesia) then explained that the negative impact of public information disclosure (through e‐government) on corruption could occur among others due to wider public access to information and increasing public awareness of corruption, both of which have led to greater public scrutiny and law enforcement in eradicating corruption.…”

“…Some studies show that there is no relationship between transparency and the level of corruption in a country (e.g., Escaleras et al, 2010), even Puron‐Cid et al (2019) shows that there are counter‐intuitive results when transparency is tested in relation to financial sustainability and corruption. However, several other studies have found the role of transparency (including fiscal transparency) in improving fiscal performance, such as causing inflation rates and lower inflation volatility (Montes & da Cunha Lima, 2018), creating healthier regulation (sound regulation; Lee et al, 2018), reduce debt accumulation/financing and deficits (Alt & Lassen, 2006; Chen et al, 2016), improve the effectiveness and efficiency of government spending (Montes et al, 2019), and reduce the level of corruption (DiRienzo et al, 2007; Furqan & Din, 2019; Malagueño et al, 2010; Reinikka & Svensson, 2005). In addition, in order to improve the effectiveness of Government financial management, specifically to increase public participation in the Government's budgeting process, Justice and Dülger (2009) states that in addition to streamlining fiscal transparency, third parties are also needed as intermediaries, especially to overcome the limitations of community competence in conducting studies on complex budgeting issues.…”