The Role of Transparency and Accountability in the Reduction of Administrative and Financial Corruption

Abstract:

This study aims to know the role of transparency and accountability in the reduction of administrative and financial corruption from the perspective of the faculty members in public and private universities. To achieve the objectives of the study, it is a distributed questionnaire among 374 faculty members in private and public universities. The hypotheses of the study are tested based on the -one sample T-test-. The study reaches a set of results, the most prominent of which are: that transparency and accountability play an important role in reducing administrative and financial corruption in a high and convergent manner, confirming that transparency is a necessary stage before the stage of accountability. The researchers recommend the need for the management's in the public and private organizations to study the forms of administrative and financial corruption, the extent of their spread, adhere to the principles of transparency and accountability, and the imposition of deterrent penalties at all levels of administrative levels justly, which reduce administrative and financial corruption.