The Effect of Information Transparency and Financial Oversight on Reducing Administrative Corruption in Iranian State-Owned Banks

Mahdi  Sohbati; Mohammad Ali Aghaei; Gholam Reza  Kordestani

Authors

Mahdi Sohbati Department of Accounting, Qa .C., Islamic Azad University, Qazvin, Iran Author https://orcid.org/0009-0004-3379-7535
Mohammad Ali Aghaei Associate Professor, Department of Accounting, Tarbiat Modares University, Tehran, Iran https://orcid.org/0000-0001-9391-727X
Gholam Reza Kordestani Professor, Department of Accounting, Faculty of Social Science, Imam Khomeini International University, Qazvin, Iran Author https://orcid.org/0000-0002-8741-6548

Keywords:

transparency, financial oversight, participation, substantial information, accountability, secrecy

Abstract

This study examines the effect of information transparency and financial oversight on reducing administrative corruption in state-owned banks. The research employed a descriptive-survey design, and the statistical population consisted of managers and specialists from 15 state-owned banks. A sample of 270 participants was selected using stratified random sampling. Data were collected using a researcher-developed questionnaire whose validity was confirmed by experts and whose reliability was verified using a Cronbach’s alpha coefficient of 0.86. Data analysis was conducted using SPSS software and correlation and regression techniques. The findings indicated a positive and significant relationship between information transparency and the reduction of administrative corruption. Specifically, transparency in decision-making processes, resource allocation, and contracts had the greatest effect on corruption control. The regression analysis results showed that transparency could explain 65% of the variance in corruption reduction. Accordingly, the key recommendations include establishing transparent information systems, launching public monitoring platforms, and requiring disclosure of contract details to effectively reduce corruption in state-owned banking institutions.

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