THE IMPACT OF PUBLIC SECTOR REFORMS ON FINANCIAL TRANSPARENCY AND CORRUPTION REDUCTION: EVIDENCE FROM NIGERIA
Abstract
This study investigates the effects of key public sector reforms on transparency in financial reporting and the reduction of corruption levels in Nigeria. Using a survey research design, primary data were collected from 520 civil servants across federal ministries, departments, and agencies (MDAs) in Nigeria. The research assessed four major reform dimensions: Government Budgeting Reforms (GBR), E-government Initiatives (EGI), Treasury Single Account (TSA) implementation, and International Public Sector Accounting Standards (IPSAS) adoption. Descriptive and regression analyses were employed to evaluate respondents’ perceptions and the statistical impact of these reforms. Findings reveal that IPSAS implementation and e-government initiatives significantly enhance transparency in financial reporting and contribute meaningfully to corruption reduction. Specifically, IPSAS adoption showed the strongest positive effect, underscoring its role in promoting accountability and reducing financial irregularities. E-government reforms also demonstrated substantial impact, highlighting the importance of digital tools in minimizing corrupt practices. While TSA reforms were found to positively influence corruption reduction, their effect on transparency in financial reporting was statistically insignificant. Government budgeting reforms, though directionally positive, exhibited weak and non-significant effects in both domains. The study concludes that technology-driven and internationally aligned reforms are more effective in fostering transparency and combating corruption than traditional budgeting adjustments. It recommends stronger political commitment, enhanced institutional capacity, and greater citizen engagement to maximize the benefits of public sector reforms in Nigeria.
This article is available as a PDF download
Published in UNIPORT JOURNAL OF BUSINESS, ACCOUNTING & FINANCE MANAGEMENT
ISSN: 1596-9911
This article appears in our peer-reviewed academic journal
View JournalRelated Articles
Explore similar research in our collection
ARTIFICIAL INTELLIGENCE ADOPTION AND PUBLIC SERVICE DELIVERY: A CRITICAL EVALUATION OF GOVERNMENT IMPLEMENTATION, DATA GOVERNANCE, AND INSTITUTIONAL REALITIES IN NIGERIA
IHEMADU MICHAEL CHINAZAM N., PhD, ATASIE CHINYERE ODICHE, PhD
Oct 11, 2026
The strategic adoption of artificial intelligence (AI) and AI-adjacent algorithmic systems within pu...
View ArticleFINANCIAL LINK ANALYTICS AND INVESTMENT FRAUD PREVENTION IN NIGERIA: EVIDENCE FROM PROFESSIONAL FORENSIC EXPERTS
ALEXANDER TUNDE OGUNTUASE, FOLUKE RACHAEL ODUWOLE
Jul 21, 2026
This study examined the influence of Financial Link Analytics (FLA) on investment fraud prevention i...
View ArticleELECTRONIC TAX SYSTEM AND TAX COMPLIANCE, EVIDENCE FROM NIGERIA TAX JURISDICTION.
THOMAS AYOBAMI BABARINDE, OLADELE JOHN AKINYOMI, JOSHUA ODUTOLA OMOKEHINDE, TAOFIK AKINWUMI TALEAT
Jul 17, 2026
The study explores the impact of e-tax on tax submission conduct among taxpayers in Nigeria. To rea...
View Article