Article Details
  • Published Online:
    April  2026
  • Product Name:
    The IUP Journal of Accounting Research & Audit Practices
  • Product Type:
    Article
  • Product Code:
    IJARAP030226
  • DOI:
    10.71329/IUPJARAP/2026.25.2.73-98
  • Author Name:
    John Kwaku Amoh, Alhassan Mohammed Kamal-Deen, Abdallah Abdul-Mumuni and Rester Togormey
  • Availability:
    YES
  • Subject/Domain:
    Finance
  • Download Format:
    PDF
  • Pages:
    73-98
Volume 25, Issue 2, April-June 2026
Effect of Public Fund Accountability on Tax Revenue: How Institutional Quality Moderates the Relationship in Sub-Saharan Africa
Abstract

The paper examines the moderating role of institutional quality (IQ) in the nexus between tax revenue (TR) mobilization and public fund accountability (PFA) in Sub-Saharan Africa (SSA). The study employed the generalized method of moments (GMM), dynamic ordinary least squares (DOLS), and fully modified ordinary least squares (FMOLS) on panel data from 38 SSA countries spanning 2000 to 2023. It found that PFA significantly impacts TR mobilization in SSA. IQ also affects TR mobilization and moderates the relationship between TR and PFA. The results underscore the importance of institutional frameworks and governance in improving the effectiveness of tax collection. The findings emphasize how crucial it is to improve IQ and strengthen PFA procedures to increase TR mobilization. Policymakers in SSA should focus on governance reforms that increase the effectiveness of tax administrations, encourage transparency, and curtail corruption. By empirically examining the moderating role of IQ in the relationship between PFA and TR mobilization, this paper adds to the emergent literature on public finance and taxation in SSA.

Introduction

Globally, tax revenues (TR) have emerged as the most crucial source of funding for promoting economic development (Amoh et al., 2023a; Celikay, 2020)