Government transparency and corruption in a turbulent setting: The case of foreign aid to Ukraine

Abstract

AbstractThis paper analyzes the role of accounting in disaster mitigation and the importance of transparency to avoid corruption. During the Ukrainian war, accounting has allowed the redistribution of war material, the quantification of economic aid, or the efficient management of humanitarian aid. This paper aims to set a research agenda on transparency and corruption in foreign aid to a fragile and conflict‐affected country. In order to analyze the situation of corruption in Ukraine during the war, first a review of the latest corrupt events is carried out and its position in the Corruption Perception Indicator is analyzed. Subsequently, we analyze the aid that Ukraine has received from other countries and institutions, and whether it is transparent. The possible dependence of the Corruption Perception Indicator on the transparency index of each country in the management of aid to Ukraine is studied. This article links corruption, transparency and accounting in the context of the Ukrainian war, highlighting the important role of auditing and financial controls, and presents proposals for future research.