Suppressing the Level of Corruption in Kampar District: A Study of The Impact of Accountability, Audit Opinions, Publication of Financial Statements, Audit Results And Follow-Up Of Audit Results

This study aims to evaluate the effects of accountability, audit opinion, financial statement disclosure, audit findings, and follow-up on audit results in reducing corruption levels within the Regional Apparatus Organization (OPD) of Kampar Regency. Conducted through a survey method, the study utilized a purposive sample of 50 accounting and finance professionals to achieve its objectives. Consistent with the research objectives, this study adheres to a conventional academic structure, utilizing clear and objective language, precise technical terminology, and a logical progression of ideas presented in a balanced manner. Primary data was collected via questionnaire distribution. Multiple linear regression tests were utilized to analyze the data. Results indicate that accountability, audit opinion, financial statement disclosure, audit findings, and follow-up of audit results significantly suppress the level of corruption in the Kampar district. It is imperative to follow up on audits to maintain transparency and accountability in the district. Based on simultaneous testing, the evidence suggests that factors such as accountability, audit opinion, disclosure of financial statements, audit findings, and follow-up on audit results play a role in reducing the incidence of corruption in Kampar district, in 2023.

The Relationship Between Corporate Governance and Corporate Performance

Corporate governance becomes a global issue. Corporate governance techniques are now most important to run a successful business. In Pakistan corporate governance was incorporated by SECP (Securities Exchange Commission of Pakistan) in March 2002. A separate institute was also formed by SECP to take care the rules and regulations regarding corporate governance in Pakistan. The basic purpose of this research study is to check the impact of corporate governance on corporate performance. The corporate performance is generally measures through its profitability analysis. This research study examines the impact of corporate governance on corporate performance. The corporate performance is selected as a dependent variable and its variables are return on assets (ROA) and return on equity (ROE). The corporate governance variables are board size (BS), board independence (BI), and audit committee size (ACS). The data for this research is collected from the firms of Chemical Sector of Pakistan from 2005 to 2009. The regression models are applied to check the significance of corporate governance on corporate performance. The result shows that there is an insignificant impact of corporate governance on ROA & ROE. . The researcher has found that the role of corporate governance is not ignorable. As the corporate governance is at its early stages in Pakistan but due to corporate governance the performance of the firms have improved.