Investigating the relationships between the components of supervision, inspection and financial discipline of state-owned companies

Global events in recent months, such as the Quid 19 epidemic, have put pressures on the public budget that have made it more difficult to understand and measure. On the other hand, the large share of state-owned companies in the public budget and the need for their continuous monitoring and inspection in the country's economic policies, has led to more attention paid to the financial discipline of state-owned companies and the need for applied research in this area. In this regard, the main purpose of this study is to investigate the relationship between the components of supervision, inspection and financial discipline of state-owned companies. This study is a quantitative research and has been done using pairwise comparison questionnaire and Demetel method as one of the multi-criteria decision making techniques to determine the effectiveness and effectiveness between the components. The experts of this research include 12 experts on financial and control issues of state-owned companies who have been selected by snowball sampling method. The instrument used in this research is a researcher-made questionnaire and the validity and reliability of the research results have been confirmed by experts by CVR and retest methods. The results of this study indicate the effectiveness of the components of "continuous monitoring", "external inspection" and "subordinate and upstream inspection" and the high effectiveness of all three components "financial discipline before spending", "financial discipline during spending" and "financial discipline after" Expense. This research with a different approach to the literature, focusing on the differences between the two concepts of supervision and inspection, in addition to the development of public sector accounting literature for financial discipline, the pattern of relationships between research components for better supervision and inspection.