Budgetary control and the adoption of consortium blockchain monitoring system in the Ghanaian local government

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F24%3A63581819" target="_blank" >RIV/70883521:28120/24:63581819 - isvavai.cz</a>

Result on the web

<a href="https://www.emerald.com/insight/content/doi/10.1108/IJPSM-07-2023-0212/full/html" target="_blank" >https://www.emerald.com/insight/content/doi/10.1108/IJPSM-07-2023-0212/full/html</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1108/IJPSM-07-2023-0212" target="_blank" >10.1108/IJPSM-07-2023-0212</a>

Result language

angličtina

Original language name

Budgetary control and the adoption of consortium blockchain monitoring system in the Ghanaian local government

Original language description

Purpose: This study aimed to examine the adoption of consortium blockchain technology to ensure interoperability for the transparency of budgetary control in Ghanaian local government. Design/methodology/approach: This study is based on the design science research (DSR) observational technique for developing a consortium blockchain budgetary control system for Ghana&apos;s local government. Findings: The study resulted in the design of a consortium blockchain monitoring and evaluation system to set up a mechanism to monitor various budget projects, processes and transactions for Ghana&apos;s local government. The findings also proved Ghana is ideally positioned to gain an advantage from designed artefacts such as ours, given its digital financial service (DFS) policy. In addition, the evaluation of the designed artefact proves there will be a positive impact on budgetary processes by addressing transparency concerns; however, the success of this concern depends on how the local government organisation embraces the artefact. Research limitations/implications: The study sheds light on budget monitoring and evaluation tied to peer-to-peer (P2P) participation in the public sector via an advanced administrative digitalised networking and communication algorithm (A Distributed Ledger Technology - blockchain). The difference between the designed artefact and the traditional M&amp;E system is argued. The study is limited by the paradoxes and inefficiencies of the integration of blockchain into the Ghanaian local government but, at the same time, presents a high level of certainty and possibility. Practical implications: The proposed artefact has presented relevance because it is a new solution to existing concerns like trust, transparency, accountability and compliance, thereby improving local government budget administration. Originality/value: The study has offered unique and new methods, guidelines and designs for tracking various budget projects and processes beyond the conventional technology-driven approach via DSR, exhibiting a unique solution for solving budget transparency, trust, accountability, compliance and data accessibility concerns.

Czech name

—

Czech description

—

Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

International Journal of Public Sector Management

ISSN

0951-3558

e-ISSN

1758-6666

Volume of the periodical

38

Issue of the periodical within the volume

1

Country of publishing house

GB - UNITED KINGDOM

Number of pages

19

Pages from-to

12-29

UT code for WoS article

001137054700001

EID of the result in the Scopus database

2-s2.0-85181528458