IDEAS home Printed from https://ideas.repec.org/a/jfr/ijfr11/v9y2018i2p76-89.html
   My bibliography  Save this article

Transparency and Accountability in Public Financial Management: A Stewardship Account at Kano State Ministry of Finance, Nigeria

Author

Listed:
  • Kabiru Isa Dandago

Abstract

This paper aims at accounting for the transparency and accountability demonstrated through the unity and togetherness of the functionaries of the Ministry of Finance Kano State, Nigeria as they collectively discharge the five key responsibilities of the Ministry during a period of 28 months (June 2015 to October 2017) under the humble leadership of the author. The paper is skewed towards practical (as against theoretical) dispensation of effective public finance management at the sub-national level in Nigeria, covering revenue management, expenditure management, debt management, investment management and wealth creation and management. This exposure of transparency and accountability has attracted some encouraging comments from hundreds of concerned analysists and lovers of transparency and accountability from different parts of the world, out of which a select sampled comments have been captured in the paper. The paper also attempts some responses to the seven questions raised by one of the commentators (An International Public Financial Management Expert) in respect of the earlier internet posting made on the subject matter. The paper recommends that research students, scholars and practitioners should conduct further studies on the issues raised in the paper so as to find solutions to the weak nature of the practice of prudence, transparency and accountability in the public sector of developing economies, like Nigeria.

Suggested Citation

  • Kabiru Isa Dandago, 2018. "Transparency and Accountability in Public Financial Management: A Stewardship Account at Kano State Ministry of Finance, Nigeria," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 9(2), pages 76-89, April.
    • Handle: RePEc:jfr:ijfr11:v:9:y:2018:i:2:p:76-89
    DOI: 10.5430/ijfr.v9n2p76
    as

    Download full text from publisher

    File URL: http://www.sciedu.ca/journal/index.php/ijfr/article/view/13174/8119
    Download Restriction: no
    File URL: http://www.sciedu.ca/journal/index.php/ijfr/article/view/13174
    Download Restriction: no
    File URL: https://libkey.io/10.5430/ijfr.v9n2p76?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sergii SLukhai, 2011. "Monitoring and evaluation as tools for enhancing public expenditure management in Ukraine," Financial Theory and Practice, Institute of Public Finance, vol. 35(2), pages 217-239.
    2. Luc Leruth & Elisabeth Paul, 2007. "A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries," OECD Journal on Budgeting, OECD Publishing, vol. 7(3), pages 1-29.
    3. Teresa Curristine & Zsuzsanna Lonti & Isabelle Joumard, 2007. "Improving Public Sector Efficiency: Challenges and Opportunities," OECD Journal on Budgeting, OECD Publishing, vol. 7(1), pages 1-41.
    4. Richard Lambert & Christian Leuz & Robert E. Verrecchia, 2007. "Accounting Information, Disclosure, and the Cost of Capital," Journal of Accounting Research, Wiley Blackwell, vol. 45(2), pages 385-420, May.
    5. Ian Ball, 2012. "New development: Transparency in the public sector," Public Money & Management, Taylor & Francis Journals, vol. 32(1), pages 35-40, January.
    6. Mr. George Kopits & Mr. J. D. Craig, 1998. "Transparency in Government Operations," IMF Occasional Papers 1998/001, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xueyan Dong & Jingyu Gao & Sunny Li Sun & Kangtao Ye, 2021. "Doing extreme by doing good," Asia Pacific Journal of Management, Springer, vol. 38(1), pages 291-315, March.
    2. Masahiro Enomoto, 2018. "Effects of Corporate Governance on the Relationship between Accounting Quality and Trade Credit: Evidence from Japan," Discussion Paper Series DP2018-12, Research Institute for Economics & Business Administration, Kobe University, revised Dec 2023.
    3. Jeroen Suijs, 2008. "On the Value Relevance of Asymmetric Financial Reporting Policies," Journal of Accounting Research, Wiley Blackwell, vol. 46(5), pages 1297-1321, December.
    4. Chan-Jane Lin & Tawei Wang & Chao-Jung Pan, 2016. "Financial reporting quality and investment decisions for family firms," Asia Pacific Journal of Management, Springer, vol. 33(2), pages 499-532, June.
    5. Qiuxia Yang, 2020. "Fiscal Transparency and Public Service Quality Association: Evidence from 12 Coastal Provinces and Cities of China," JRFM, MDPI, vol. 14(1), pages 1-14, December.
    6. Goldstein, Itay & Yang, Liyan, 2019. "Good disclosure, bad disclosure," Journal of Financial Economics, Elsevier, vol. 131(1), pages 118-138.
    7. Norman Gemmell & Patrick Nolan & Grant Scobie, 2017. "Public sector productivity: Quality adjusting sector-level data on New Zealand schools," Working Papers 2017/02, New Zealand Productivity Commission.
    8. Chua, Jess H. & Chrisman, James J. & De Massis, Alfredo & Wang, Hao, 2018. "Reflections on family firm goals and the assessment of performance," Journal of Family Business Strategy, Elsevier, vol. 9(2), pages 107-113.
    9. Chang, Yingying & Du, Xingqiang & Zeng, Quan, 2021. "Does environmental information disclosure mitigate corporate risk? Evidence from China," Journal of Contemporary Accounting and Economics, Elsevier, vol. 17(1).
    10. repec:thr:techub:10014:y:2020:i:1:p:471-482 is not listed on IDEAS
    11. Baolei Qi & Liuchuang Li & Qing Zhou & Jinghui Sun, 2017. "Does internal control over financial reporting really alleviate agency conflicts?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 57(4), pages 1101-1125, December.
    12. Lijuan Zhang & Mark Wilson, 2018. "Does the accruals quality premium arise from information risk?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 58(2), pages 599-632, June.
    13. Asztalos, Viktor, 2015. "Politikai változások a költségvetési kiigazítások tükrében [Political changes in the light of fiscal adjustments]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1196-1210.
    14. Van Geyt, Debby & Van Cauwenberge, Philippe & Vander Bauwhede, Heidi, 2014. "Does high-quality corporate communication reduce insider trading profitability?," International Review of Law and Economics, Elsevier, vol. 37(C), pages 1-14.
    15. Abdo, Hafez & Mangena, Musa & Needham, Graham & Hunt, David, 2018. "Disclosure of provisions for decommissioning costs in annual reports of oil and gas companies: A content analysis and stakeholder views," Accounting forum, Elsevier, vol. 42(4), pages 341-358.
    16. Astrid Rudyanto, 2017. "Audit Firm Reputation versus Auditor Capability: Their Effect on Audit Quality in Indonesia," GATR Journals afr147, Global Academy of Training and Research (GATR) Enterprise.
    17. Christopher Sleet, 2004. "Optimal Taxation with Private Government Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(4), pages 1217-1239.
    18. Paugam, Luc, 2011. "Valorisation et reporting du goodwill : enjeux théoriques et empiriques," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/8007 edited by Casta, Jean-François.
    19. Johnstone, David & Havyatt, David, 2022. "Sophistry and high electricity prices in Australia," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 88(C).
    20. Bing Wang & Si Xu & Kung-Cheng Ho & I-Ming Jiang & Hung-Yi Huang, 2019. "Information Disclosure Ranking, Industry Production Market Competition, and Mispricing: An Empirical Analysis," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    21. Cécile Carpentier & Douglas Cumming & Jean-Marc Suret, 2010. "The Valuation Effect of Listing Requirements: An Analysis of Venture Capital-Backed IPOs," CIRANO Working Papers 2010s-01, CIRANO.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:ijfr11:v:9:y:2018:i:2:p:76-89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gina Perry (email available below). General contact details of provider: http://ijfr.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.