Abstract
Application of Blockchain Technology in the Governance of Executive Corruption in Context of National Audit
Highlights
National audit is an important part of national governance, a kind of professional supervision in administrative supervision, and an indispensable part of financial administration
It discusses the impact of the executive power of the state-owned enterprises on the hidden corruption, and uses blockchain technology with decentralization and high transparency, and information not be tampered with to analyze the degree of information transparency in state-owned enterprises, thereby enhancing the existing audit mode and improving the audit efficiency, and further predicting the trend of hidden corruption for finding the characteristics of corruption as early as possible, and timely governing the corruption behaviors
The DD analysis method is used to build the model of state-owned enterprises' equity problems, for exploring the relationship between equity problems and business performance, and further analyzing the impact of business performance on enterprise value
Summary
National audit is an important part of national governance, a kind of professional supervision in administrative supervision, and an indispensable part of financial administration. It monitors the operation track of economic activities from different aspects and links by reviewing, verifying, and evaluating the financial revenues and expenditures that comprehensively reflect economic activities. It plays a comprehensive role in macro-control, which cannot be replaced by economic supervision methods. As the reform of state-owned enterprises is continuously accelerated, its system and mechanism, accounting treatment, business process and other aspects have changed greatly, which makes explicit corruption more common in state-owned enterprises [2]
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