Does political ideology act as a moderator of transparency drivers? An empirical analysis of active information disclosure in local governments

2021 ◽  
pp. 1-25
Author(s):  
Francisca Tejedo-Romero ◽  
Joaquim Filipe Ferraz Esteves Araujo
Keyword(s):  
Empirical Analysis ◽  
Political Ideology ◽  
Local Governments ◽  
Information Disclosure

scholarly journals The Role of Social Media in Promoting Information Disclosure on Environmental Incidents: An Evolutionary Game Theory Perspective

2018 ◽  
Author(s):  
Shuang Ling ◽  
Shan Gao ◽  
Wenhui Liu
Keyword(s):  
Social Media ◽  
Local Government ◽  
Local Governments ◽  
Information Disclosure ◽  
Central Government ◽  
Media Use ◽  
Evolutionary Game ◽  
Media Influence ◽  
Social Media Use ◽  
The Public

Despite the expectation that social media use in the public sector contributes to enhancing government's transparency, few studies have been investigated whether social media use actually leads to more disclosure during environmental incidents in practice and how social media influence local governments and their officials' information disclosure. In this article, we model information disclosure during environmental incidents as an evolutionary game process between the central government and local government in social media context, and examine the internal mechanism that how social media influence the progress of information disclosure during environmental incidents. The findings indicate that social media plays an active constructive role in central-local government game relations. Specific- ally, social media can provides an efficient information channels for the central government supervise regional officials in environmental incidents, and thus improves its supervision efficiency, and it also provides an important means for internet mobilization and online-offline interaction by encouraging the public exchange information and express their views, and in turn forces local governments and their officials tend to disclosure ahead.

The ICT and the Legislation on Transparency and Freedom of Information

2015 ◽  
pp. 347-365
Author(s):  
Alejandro Sáez-Martín ◽  
Arturo Haro-de-Rosario ◽  
Manuela García-Tabuyo ◽  
María Del Carmen Caba-Pérez
Keyword(s):  
Dominican Republic ◽  
Local Governments ◽  
Information Disclosure ◽  
Public Information ◽  
Freedom Of Information ◽  
The Public ◽  
Electoral Turnout ◽  
The Government ◽  
The Many ◽  
Economic Capacity

The many cases of corruption that have come to light, among other scandals, have led the public to lose faith in the management of public institutions. In order to regain confidence, the government needs to inform its citizens of all its actions. Public information should be accessible and controlled by means of a regulatory framework. The aim of this chapter is to analyze the transparency achieved and the progress still needed to be made by Dominican Republic municipalities with regards to complying with the requirements of the law on public information management. The chapter discusses the voluntary transparency achieved and factors that affect the implementation of information policies. The results highlight deficiencies in certain areas of online public information disclosure. The population size, economic capacity and electoral turnout are all factors that affect the online dissemination of public information by local governments in the Dominican Republic.

Relation between internet financial information disclosure and internal control in Spanish local governments

2019 ◽  
Vol 71 (2) ◽  
pp. 176-194 ◽  
Author(s):  
María del Rocío Moreno-Enguix ◽  
Ester Gras-Gil ◽  
Joaquín Henández-Fernández
Keyword(s):  
Internal Control ◽  
Local Governments ◽  
Information Disclosure ◽  
Financial Information ◽  
Public Governance ◽  
Content Type ◽  
Financial Variables ◽  
New Public ◽  
Provision Of Services ◽  
The Impact

Purpose The application of new public governance by many countries has led to the creation of new management systems in public administration and the development of an effective accounting structure with efficient internal control to guarantee a proper provision of services that meet citizens’ requirements. The purpose of this paper is to focus on Spanish local government with the intention of determining the impact of the internal control structure on the disclosure of financial information on the internet. Design/methodology/approach The empirical analysis used combines a descriptive aspect with an explanatory one and seeks to answer the question of whether the internal control system (ICS) influences the disclosure of financial information on the websites of Spanish LGs. The authors use a multivariate model that allows us to verify the predictive capability of the previously defined explanatory variable, internal control, in 1,806 local governments. To test the hypotheses, the authors use two different models. Findings The authors consider the existence and quality of the financial information disclosure in relation to ICSs, and a series of financial and non-financial variables. The authors conclude that the structure of the ICS influences financial information disclosure and its quality. Also, the socio-political variable gives a better explanation of financial information disclosure than the financial variable. Originality/value This research is novel to determine whether the development of ICSs in Spanish municipalities has favored and increased the disclosure of financial information financial through the municipalities’ website transparency portal. These findings will contribute to increase the importance of internal control in the management of public entities.

Causes of China's Low Consumption from the Perspective of Local Governmental Competition

2020 ◽  
Vol 13 (1) ◽  
pp. 15-31
Author(s):  
Yaling Zhu ◽  
Huifang Zhang
Keyword(s):  
Panel Data ◽  
General Equilibrium ◽  
Public Goods ◽  
Mathematical Models ◽  
Empirical Analysis ◽  
Local Governments ◽  
Household Consumption ◽  
Total Consumption ◽  
The Government ◽  
The Empirical Analysis

Taking into account the three-sector general equilibrium perspective of the government, business, and household sectors and taking government public goods investment as intermediary; this article builds mathematical models of local governmental competition and three-sector consumption. It also theoretically analyzes the impacting path of local governmental competition, causing increased investment in public goods, thereby reducing consumption. At the same time, based on the model of China's provincial panel data from 1993 to 2015, the empirical analysis shows that a 1% increase in the level of competition among local governments will result in a corresponding decrease of 0.757% in total consumption, 0.348% in governmental competition, 0.340% in business consumption and 0.366% in household consumption. Local governmental competition leads to the government's tendency to invest in public goods and reduces the regional consumption, which especially damages the consumption capacity of the household sector.

scholarly journals Information Disclosure Ranking, Industry Production Market Competition, and Mispricing: An Empirical Analysis

2019 ◽  
Vol 11 (1) ◽  
pp. 262 ◽  
Author(s):  
Bing Wang ◽  
Si Xu ◽  
Kung-Cheng Ho ◽  
I-Ming Jiang ◽  
Hung-Yi Huang
Keyword(s):  
Corporate Governance ◽  
Empirical Analysis ◽  
Instrumental Variables ◽  
Information Disclosure ◽  
Market Competition ◽  
Substantial Reduction ◽  
Assessment System ◽  
Product Market Competition ◽  
Information Transparency ◽  
Corporate Information

Improving the transparency of corporate information disclosure is a key principle of corporate governance in Taiwan. This study uses the information disclosure assessment system established by the information disclosure and transparency ranking system to explore whether information transparency can reduce the degree of mispricing. The study uses the data of 10,686 listed companies in Taiwan for the period from 2005 to 2014. We find that a higher information disclosure ranking (IDR) of rated companies corresponds to a more substantial reduction in the degree of mispricing. Moreover, we discover that product market competition affects mispricing in that smaller degrees of mispricing reflect greater exclusivity; this suggests that lower industry transaction and competition costs lead to less substantial mispricing. Finally, we observe that the effect of information disclosure score on the degree of mispricing is lower in more exclusive industries. Furthermore, a regression process using instrumental variables reveals that IDRs have the significant effect of reducing the degree of mispricing.

scholarly journals Regional Fiscal Competition and Corporate Environmental Information Disclosure: Provincial-Level Evidence From China

2019 ◽  
Vol 12 ◽  
pp. 194008291983991 ◽  
Author(s):  
Hong Tao Chen ◽  
Wei Han ◽  
Mao Lin An
Keyword(s):  
Environmental Regulation ◽  
Indirect Effects ◽  
Local Governments ◽  
Information Disclosure ◽  
Listed Companies ◽  
Regulatory Effect ◽  
Economic Competition ◽  
Race To The Bottom ◽  
Environmental Information Disclosure

The race to the bottom theory of environmental regulation mainly refers to state or local governments competing to lower their environmental regulation standards in pursuit of their own interests. Since the reform of the Chinese tax distribution system in 1994, local governments have encouraged economic competition through various industrial subsidies and tax preferences. Moreover, in China’s political system, which promotes fiscal decentralization and economic competition, competition has provided local governments with the opportunity to race to the bottom by secretly reducing the environmental regulations of enterprises to obtain financial returns and promote capital. Using the race to the bottom theory of environmental regulation, this article identifies the land revenue data and environmental information disclosure (EID) quality data of listed companies in China from 2012 to 2014 and uses the hierarchical linear model to study the direct and indirect effects of local governments’ financial competition on the EID of listed companies in their jurisdictions. It was found that (a) Regional financial competition does not directly influence the quality of an enterprise’s EID but has a significant negative regulatory effect. (b) The higher the degree of regional competition, the more obvious the negative regulatory effect. (c) The financial competitiveness of tropical and subtropical regions in China is higher than that of other regions, and the EID quality of enterprises in these regions is lower. (d) Governmental financial competition in tropical and subtropical regions regulates the quality of EID of listed companies in their jurisdictions through indirect effects on enterprises with different ownership and profitability; However, with the exception of tropical and subtropical regions, this phenomenon is not significant in other provinces.

Information Disclosure and Crowdfunding: An Empirical Analysis of the Disclosure of Project Risk

2017 ◽  
Vol 2017 (1) ◽  
pp. 12360
Author(s):  
Keongtae Kim ◽  
Jooyoung Park ◽  
Yang Pan ◽  
Kunpeng Zhang
Keyword(s):  
Empirical Analysis ◽  
Information Disclosure ◽  
Project Risk

scholarly journals Housing Rental Incentive and Development Empirical Analysis from the Perspective of Financial Decentralization

2021 ◽  
Vol 2021 ◽  
pp. 1-8
Author(s):  
Xuanxuan Zhang
Keyword(s):  
Game Theory ◽  
Empirical Analysis ◽  
Local Governments ◽  
Financial Support ◽  
Central Government ◽  
Transmission Mechanism ◽  
Healthy Development ◽  
Rental Market ◽  
Local Support ◽  
Implementation Effect

This study aims to evaluate and analyze the implementation effect by central government of the housing rental market in different cities in the context of rent and purchase in parallel. Game theory and panel data empirical analysis were used to study the subsidy transmission mechanism of the development of the housing rental market under the perspective of financial decentralization. The central finance played an indirect role in the development of the local housing rental market, and the local government’s support for the local housing rental market was an intermediary variable. To promote the rapid and healthy development of the domestic housing rental market, the central government needs to make top-level design and give certain local policies and financial support. At the same time, local governments must actively implement relevant policies of the central government and support corresponding local support policies.

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