Lessons from "Audit Storm" in China |
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作者姓名: | Xuan Chen Jinchun Guo |
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作者单位: | [1]Tsinghua University [2]Huazhong University of Science and Technology |
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基金项目: | This paper is supported by National Natural Science Foundation of China (No.70473051) and Asian Development Bank (Technical Assistance Project TA3979-PRC). The authors are grateful to Peter Bannister, Xiaoyue Chert and Qizhong Lai for helpful discussion. 0f course, the remaining errors are solely of the authors. |
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摘 要: | The phenomenon of "Audit Storm" in China shows that transparency in government audit has been improved and increasing attention from the public has been paid to it, as government auditing and the mass media in China make joint effort to become a powerful source of supervision of government financial administration. Lessons drawn from Audit Storm show that more need to be done to systematically ensure public accountability in China, including improving the independence of China National Audit Office (CANO), strengthening the manning of Chinese National People's Congress (NPC) and Ministry of Finance (MoF), improving NPC and MoF joint cooperation with CNAO, insisting on more transparency in public funds allocation and management, the introduction of an effective responsibility system, and so on.
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