Budget Implementation Audit,media Supervision And Provincial Financial Expenditure Efficiency

Finance is the economic basis and an important tool for local governments to realize their functions.The efficiency of fiscal expenditure is closely related to the well-being of the people,which should be continuously concerned by the theoretical and practical circles.The national audit work conference also pointed out that Xi Jinping should carry out the special audit of Finance and other aspects in a new era,closely monitor the supervision function of budget execution audit and optimize the efficiency of fiscal expenditure closely around the new era and new requirements.As an important part of the national supervision system,budget execution audit can serve the government governance and promote the efficiency of financial expenditure by giving full play to its functions of prevention,disclosure and resistance.As a convenient and quick tool of public opinion supervision,media can quickly detect the problems that may occur in budget execution audit,give strong disclosure and exposure,and help budget execution audit to better play its supervision function.But at present,there are few empirical documents about the relationship between budget execution audit and financial expenditure efficiency in academic circles,and only a few empirical documents about the relationship between media supervision and budget execution audit.Few scholars put media supervision,budget execution audit and financial expenditure efficiency under the same framework to carry out research.Therefore,based on the existing research results,this paper explores The relationship and function path among budget execution audit,media supervision and financial expenditure efficiency are studied.The research idea of this paper is as follows: Taking the panel data of 30 provinces,autonomous regions and municipalities in China from 2010 to 2016 as the research sample,using the method of literature research and statistical analysis,first of all,the relationship between media supervision and budget execution audit,budget execution audit and financial expenditure efficiency is theoretically analyzed,and then the paper puts forward that media supervision promotes finance in budget execution audit The research hypothesis of regulating the efficiency of government expenditure.Then,the paper constructs the econometric model to test the regulatory effect,analyzes the results of multiple regression,and draws the research conclusions and enlightenment.Based on the theoretical analysis and empirical test,this paper draws the following conclusions: first,media supervision can significantly promote the revealing,resisting and preventing functions of budget execution audit.Second,the functions of three dimensions of budget execution audit are significant to promote the efficiency of financial expenditure.Third,media supervision plays a regulatory role in the budget implementation audit to promote the efficiency of local financial expenditure.Finally,based on the theoretical analysis and empirical test results,from the perspective of audit institutions,the media,the government and so on,this paper puts forward three more effective policy recommendations to promote the budget implementation audit.