Study On Factors And Promotion Path Of Fiscal Transparency

Finance was the foundation and important pillar of the governance of the state.Since the formal implementation of the regulation,the scope of government financial information disclosure has been continuously expanded and the content has been continuously refined,thus effectively enhancing the credibility of the government.According to the "China's Provincial Fiscal Transparency Report" released by the Center for Public Policy of Shanghai University of Finance and Economics,the average fiscal transparency of 31 provinces in 2009-2014 showed a slight increase.However,financial information disclosure degree of was less than 40% and the overall level was low.Therefore,what were the factors influencing the transparency of the provincial finance,and how was the degree of influence,which was the answer that this research tried to find.In this context,based on contingency model,this study investigated fiscal transparency from theoretical and empirical aspects.Firstly,this study introduced the concept and theoretical basis of fiscal transparency in detail,and introduced the lüder contingency model of government accounting reform as an analytical perspective.Secondly,on the basis of combing literature on the factors of fiscal transparency at home and abroad,this paper put forward the regression model of influencing factors of provincial fiscal transparency in our country,and manipulated the variables and proposed hypothesis of the relationship between variables.Thirdly,using panel data of 31 provinces from 2009 to 2014,through the regression analysis of panel data model,we tested the influence of economic and social factors,financial performance factors and management system factors on financial transparency.Finally,with reference to the excellent experience of Britain and the United States,the author put forward some suggestions on how to enhance the transparency of our country's financial system from four aspects: establishing and perfecting the legal system,deepening the financial management system,perfecting the supervision system of government information disclosure and raising the transparency of the whole society.This study focused on empirical research on factors affecting fiscal transparency,not only to understand the causes of provincial fiscal transparency differences,but also to provide guidance on how higher fiscal transparency could be achieved in some areas where fiscal transparency was low,and was helpful to explore the path of regional financial transparency development.