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The Benefits and Threats of PBB: An Assessment of Modern Reform
Author(s) -
Smith James Fielding
Publication year - 1999
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1046/j.0275-1100.1999.01168.x
Subject(s) - misrepresentation , transparency (behavior) , operationalization , vulnerability (computing) , business , process (computing) , regulatory focus theory , risk analysis (engineering) , public relations , political science , computer security , computer science , law , philosophy , epistemology , operating system , creativity
PBB is more vulnerable to threats from fraud, falsification, and misrepresentation than were previous budgeting systems Vulnerability grows from complexity, dependence on performance data, year‐to‐year changes in strategic focus, and the great expansion of the numbers of kinds of specialists involved in the process It appears to grow out of PBB's widely recognized benefits Transparency has been put forward as the primary protective device against threats to PBB; however, this has problems with both definition and operationalization. The fix may be a number of coordinated measures, most importantly the inculcation of sound ethical standards throughout an organization using PBB