Research On Public Financial Supervision Problems In Narrow Perspective

With the development of China’s socialist market and the gradual deepening of thereform of public finances, it’s urgent to establish public financial supervision modecomplying with the concept of public finance. Public financial supervision requirespublic finance are used effectively to meet public purposes. It’s the urgent need toresearch financial supervision issues under the framework of public finance, which canfurther improve China’s socialist market economy and further deepen the public financesystem. Paper gave the deep discussion on the financial supervision from the narrowperspective.Paper firstly carried on a theoretical analysis of financial supervision, and thenspecified public financial supervision function orientation, and concluded financialsupervision can be achieved by following two ways: On one hand the financial sectorsupervise other government departments’ use of financial funds, on the other handfinancial supervision institutions implement internal supervise of the financial sector.To analyze the cause of the financial supervision issues, paper analyzed the centralgovernment and local government financial authority competing behavior, and Auditsector and financial sector conduct financial supervision. Paper concluded it is the rootcauses that the inequality of supervision body’s duties and rights, and the inequality ofthe financial departments’ duties and rights.Paper selected financial supervision countries of the different modes to introducetheir experience. And then, paper analyzed the path selection of public financialsupervision. Enhancing the ability of government budgeting and budget execution byenhancing administrative capacity, and thus to enhance the performance of thegovernment budget, is the optimal path in the short term. Paper proposed an optimalgoal model of financial supervision in the follow. The external environment satisfyingthe equality of duties and rights, financial performance values, separation of powers ofgovernment department’s architecture, and full participation of social forces, are fourkey factors of the optimal goal mode. Paper finally proposed the construction of publicfinancial supervision policy recommendations on our current status of financialsupervision.The innovation of this dissertation is manifested in the following facets:(1) application of new public management theory was firstly used to build the domesticpublic financial supervision target mode.(2) Try using Game Theory to explain thecauses of domestic financial supervision.(3) The external institutional factors have beenfirstly considered as a significant factor of the domestic financial supervision.