European Journals of Business Management

FINANCIAL ACCOUNTABILITY PERFORMANCE OF MAJOR STATISTICAL AGENCIES IN THE PHILIPPINES:EFFICIENCY AND EFFECTIVENESS PERSPECTIVES (PART 2)

Maria Celeste D.L. Balanza

Graduate School, University of Santo Tomas, Manila, Philippines

CITATION: Balanza, M.C, & Morga, M. R, (2015). Financial accountability performance of major statistical agencies in the Philippines: Efficiency and effectiveness perspectives (part 2). European Journals of Business Management 2 (5), 11-24.

ABSTRACT

Efficiency and Effectiveness are essential indicators for financial accountability performance of the four major statistical agencies merged in Philippine Statistics Authority created through the Philippine Statistical Act of 2013 during the Aquino administration. These four agencies are National Statistical Coordination Board, National Statistics Office, Bureau of Agricultural Statistics and Bureau of Labor and Employment Statistics.

This paper zeroes in on the financial accountability performance of the above stated agencies in terms of efficiency (doing things right) and effectiveness (doing the right things). Based on the result of the study, there is a significant difference between the analysis of financial accountability performance and the respondents' assessment of capability in financial accountability performance difference.

Keywords: Good governance, financial accountability performance, public financial management

 


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