Financial Reporting Quality and Online Disclosure Practices in Spanish Governmental Agencies

Good governance in the public sector implies high accountability levels. Accountability is a multidimensional concept that includes quantity and reliability of disclosures as well rendering accounts to citizenry. Nowadays, good governance, accountability, financial performance are key for long-term sustainability autonomous organizations. The objective this paper study how features relate quality information disclosed. In particular, governing body, organizational online transparency reporting quality, these two dimensions related. To fulfill objective, we have used Structural Equation Modeling, Partial Least Squares (PLS-SEM) approach. focus our analyses on Spanish central government agencies. size of, greater presence independent members in, body explanatory factors behind reports. Our findings also show affected by pressure Eurostat requirements -deficit limits- puts entities, which leads use smoothing practices. Online disclosure practices not explained but agencies their results. better higher