Accounting reform and performance evaluation in greek local government

Doctoral Dissertation uoadl:1506238 634 Read counter

Unit:
Deparment of Political Science & Public Administration
Βιβλιοθήκη Τμήματος Πολιτικής Επιστήμης και Δημόσιας Διοίκησης
Deposit date:
2012-03-05
Year:
2012
Author:
Αρβανίτης Γεώργιος
Dissertation committee:
Νικόλαος Χλέπας
Ιωάννης Υφαντόπουλος
Γεώργιος Σωτηρέλης
Κωνσταντίνος Ζοπουνίδης
Θεόδωρος Χατζηπαντελής
Γιάννης Ψυχάρης
Ιωάννης Μπασιάκος
Original Title:
Λογιστική μεταρρύθμιση και αξιολόγηση επιδόσεων στην τοπική αυτοδιοίκηση.
Languages:
Greek
Translated title:
Accounting reform and performance evaluation in greek local government
Summary:
Basic aim of thesis is to present the importance of a modern public accounting system for helping the political decision making, for transparency and accountability of the actions of the elected local authorities. Using the financial statements of the new accounting system of local government, the thesis evaluate the financial position and measure the relative efficiency of 151 Greek municipalities for the years 2003,2004 and 2005. To explain the accounting changes in Greek local government we apply the Luder’s model which is based on the contingency theory. The model presents the various historic, economic and social issues which have influenced the evolution and the improvement of public accounting, in order to understand the manner in which the political and administrative environment affect the direction of the LG accounting reforms. The financial evaluation is based on the mathematical method of Principal Component Analysis. We obtain six principal components (financial ratios) on which we apply the multi-criteria decision aid method Promethee (Preference Ranking Organization Method for Enrichment of Evaluations) for ranking the 151 municipalities according to their financial position. The measurement of economic efficiency is strongly related to the efficient frontier curve which is estimated empirically from the data. The efficiency scores are obtained using the non parametric model of the Data Envelopment Analysis (DEA). In the second stage of our analysis the DEA scores are regressed on a vector of explanatory variables with the help of the Tobit censored regression model. Concluding, according to our results, a significant part of Greek municipalities is confronted with structural financial problems and substantial and stable inefficiency. Is obvious that there is need for reforms in the internal management of the municpalities, in order to improve their efficiency and effectiveness. The quality financial management and the fiscal discipline are also very important factors in the effort of modernisation and improvent of Greek local government.
Keywords:
Local government, public efficiency, Luder's contingency model, Promethee method, Tobit regression model.
Index:
Yes
Number of index pages:
1
Contains images:
No
Number of references:
432
Number of pages:
532
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