Technological modernization and financial sustainability in Peruvian municipalities

Elena Valle Gomez; Victor Hugo Puican Rodriguez

doi:10.31893/multiscience.2025332

Keywords:

technological modernization

administrative innovation

government transparency

financial sustainability

change management

Abstract

This research investigates the role of digital transformation in enhancing strategic financial planning within the public sector in the Peruvian Amazon, focusing on its potential to drive modernization and efficiency in public administration. Using a quantitative, non-experimental, and cross-sectional design, data were collected from 95 employees in a public sector entity through a Likert-scale questionnaire. Results show a positive but modest correlation between digital transformation and strategic financial planning (R = 0.169, R² = 0.029), with ANOVA confirming statistical significance (F = 4.330, p = 0.021). These findings suggest that digital transformation has a limited impact on strategic financial planning, although it does highlight key areas for development. Staff digital competencies and citizen engagement emerge as pivotal factors in this process, reinforcing the importance of investing in digital skills and fostering public involvement for improved financial management. Most institutions in the region are at a moderate level of digital adoption, particularly in innovation and sustainability, though further progress is needed to implement advanced financial strategies. This study emphasizes the necessity of ongoing investments in technology and training to enhance the efficiency and effectiveness of public administration. Expanding future research to include other geographic regions, along with additional variables such as continuous training and change management, would provide a more comprehensive understanding of the factors influencing strategic financial planning. Such an approach would allow for broader applications of these findings, contributing valuable insights for other regions and contexts in public sector transformation.
References
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19. Johnsen, A. (2019). Does formal strategic planning matter? An analysis of strategic management and perceived usefulness in Norwegian municipalities. International Review of Administrative Sciences, 87, 380-398. https://doi.org/10.1177/0020852319867128
20. Khisro, J. (2020). Utilizing an Investment Instrument for Digital Transformation: A Case Study of a Large Swedish Municipality. Electronic Government, 12219, 71-81. https://doi.org/10.1007/978-3-030-57599-1_6.
21. Lafioune, N., Desmareest, A., Poirier, E., & St-Jacques (2023). Digital transformation in municipalities for the planning, delivery, use and management of infrastructure assets: Strategic and organizational framework. Sustainable Futures, 6, 1-20. https://doi.org/10.1016/j.sftr.2023.100119.
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24. Lee, D., & Min, S. (2021). Defective democracy and the political budget cycle. Journal of Comparative Economics, 49(4), 947-961. https://doi.org/10.1016/j.jce.2021.04.009
25. Lino, A., Azevedo, R., & Belote, G. (2023). The influence of public sector audit digitalisation on local government budget planning: evidence from Brazil. Journal of Public Budgeting, Accounting & Financial Management, 35(2), 198-218. https://doi.org/10.1108/JPBAFM-05-2022-0090
26. Matos, S., Jorge, S., & Moura, S. (2023). Measuring local public expenditure effectiveness using sustainable development goals. International Journal of Public Sector Management, 36(4-5), 440-462. https://doi.org/10.1108/IJPSM-01-2023-0003
27. Montenegro Neira, T. D., Rimapa Navarro, L. R., Camacho Delgado, F. M., Bollet Ramírez, F., Gomez Morales, A. J., & Hernández Hernández, O. (2024). From paper to screen: towards legal certainty with the digitization of public deeds in Peru. Sapienza: International Journal of Interdisciplinary Studies, 5(2), e24043. https://doi.org/10.51798/sijis.v5i2.777
28. Namitulina, A., Soklakova, I., Kuzmina, E., & Buryak, E. (2020). Assessment of functional elements of public finance management. Вестник университета(10), 138-144. https://doi.org/10.26425/1816-4277-2020-10-138-144
29. Nuryadin, R., Sobandi, A., & Santoso, B. (2023). Digital Leadership in the Public Sector-Systematic Literature Review. Jurnal Ilmu Administrasi: Media Pengembangan Ilmu dan Praktek Administrasi., 20(1), 90-106. https://doi.org/10.31113/jia.v20i1.934
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31. Pérez-Mamani, R., Cernaque, O., Prudenci, F., Pajuelo, C., Alvarado, S., & Barrera, E. (2023). Directive Skills in the Investment Cycle of a Peruvian Public Entity from 2019 to 2022. Migration Letters, 20(S2), 35-50. https://doi.org/10.59670/ml.v20iS2.3662. https://doi.org/10.59670/ml.v20iS2.3662
32. Reyes-Perez, M., Facho-Cornejo, J., & Rojas-Palacios, L. (2023). Theoretical Model of Electronic Management for the Development of Human Potential in a Local Government. Peru Case. HCI in Business, Government and Organizations, 14038, 47-56. https://doi.org/10.1007/978-3-031-35969-9_4. https://doi.org/10.1007/978-3-031-35969-9_4.
33. Salemans, L., & Budding, T. (2021). Operationalizing public value in higher education: the use of narratives as an alternative for performance indicators. Journal of Management and Governance, 26, 337-363. https://doi.org/10.1007/s10997-021-09596-4
34. Schachtner, C. (2022). Wise Governance - Elements of the digital strategies of municipalities. Smart Cities and Regional Development (SCRD) Journal., 6(2), 23-29. https://doi.org/10.25019/scrd.v6i2.126
35. Silva, A., & Puppim, J. (2024). What factors drive municipal climate adaptation policy? The role of risk management capacity and transnational municipal networks. Urban Climate, 53, 1-16. https://doi.org/10.1016/j.uclim.2024.101809
36. Silwal, S. (2023). Transparency in Financial and Fiscal Affairs at Municipal Level: The Lessons from the Gandaki Province, Nepal. Dhaulagiri Journal of Contemporary Issues., 1(1), 1-6. https://doi.org/10.3126/djci.v1i1.58621. https://doi.org/10.3126/djci.v1i1.58621
37. Sorg, C. (2023). Finance as a form of economic planning? On the financialization of planning and its democratization. Competition & Change, 1-21. https://doi.org/10.1177/10245294231217578
38. Tkachenko, D. (2021). Corporate financial planning during the digitalization of the economy. Digest Finance, 26(2), 126-147. https://doi.org/10.24891/df.26.2.126.
39. Várzaru, A., Bocean, C., Simion, D., Berceanu, D., & Mangra, M. (2023). Digital Revolution, Sustainability, and Government Revenues: A Transversal Analysis of How Digital Transformation and Sustainable Practices Impact Sustainable Government Revenues. Systems, 11(11), 1-18. https://doi.org/10.3390/systems11110546. https://doi.org/10.3390/systems11110546
40. Vial, G. (2019). Understanding digital transformation: A review and a research agenda. J. Strateg. Inf. Syst., 28, 118-144. https://doi.org/10.1016/J.JSIS.2019.01.003.
41. Vinadio, T., Noordt, C., Castillo, C., & Avila, R. (2022). Brief version of the report artificial intelligence and digital transformation. Synchroinfo Journal(5), 12-25. https://doi.org/10.36724/2664-066x-2022-8-5-12-25.
42. You , Z., & Zhao, S. (2023). Enterprise Digital Transformation and Financial Risk. Advances in Economics and Management Research, 4(1), 1-15. https://doi.org/10.56028/aemr.4.1.114.2023. https://doi.org/10.56028/aemr.4.1.114.2023
43. Zhang, D., & Vigne, S. (2021). How does innovation efficiency contribute to green productivity? A financial constraint perspective. Journal of Cleaner Production, 280(1), 1-19. https://doi.org/10.1016/j.jclepro.2020.124000

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to cite

Gomez, E. V., & Rodriguez, V. H. P. (2025). Technological modernization and financial sustainability in Peruvian municipalities. Multidisciplinary Science Journal, 7(9), 2025332. https://doi.org/10.31893/multiscience.2025332

[1] Adegboye, A., & Olawale, D. (2022). Assessing the determinants of government spending efficiency in Africa. Future Business Journal, 8(47), 1-16. https://doi.org/10.1186/s43093-022-00142-8. https://doi.org/10.1186/s43093-022-00142-8

[2] Afonso, A., & Kazemi, M. (2017). Assessing public spending efficiency in 20 OECD countries. Springer International Publishing. https://doi.org/10.1007/978-3-319-54690-2_2

[3] Alvarenga, A., Matos, F., Godina, R., & Matias, J. (2020). Digital Transformation and Knowledge Management in the Public Sector. Sustainability, 12(14), 1-18. https://doi.org/10.3390/su12145824. https://doi.org/10.3390/su12145824

[4] Bousdekis, A., & Kardaras, D. (2020). Digital Transformation of Local Government: A Case Study from Greece. IEEE 22nd Conference on Business Informatics (CBI), Antwerp, Belgium, 2020, 131-140. 10.1109/CBI49978.2020.10070.

[5] Bulychev, L., Malysheva, N., & Lubov, C. (2021). Digital transformation of the sustainable architectural environment based on intelligent information systems. E3S Web of Conferences, 258(01014), 1-7. https://doi.org/10.1051/E3SCONF/202125801014. https://doi.org/10.1051/E3SCONF/202125801014

[6] Castellini, M., & Riso, V. (2023). Risk Management in Practice: A Multiple Case Study Analysis in Italian Municipalities. J. Risk Financial Manag., 16(1), 1-17. https://doi.org/10.3390/jrfm16010030

[7] Coffey, B. (2021). Environmental Challenges for Public Value Theory and Practice. International Journal of Public Administration, 44, 818-825. https://doi.org/10.1080/01900692.2021.1928187

[8] Contreras, J., Uribe, Y., Carranza, R., Cruz, O., Sánchez, A., Baique, D., & Valdiviezo, V. (2024). Digital Government and Public Management in the Provincial Municipalities of Amazonas, Peru. Kurdish Studies, 12(2), 1091-1105. https://kurdishstudies.net/menu-script/index.php/KS/article/view/1971

[9] Cortijo-Ramirez , G., & Auccahuasi, W. (2023). Method for Decision Making in Municipal Management by Means of Scorecard. 2023 4th International Conference on Electronics and Sustainable Communication Systems (ICESC), 1766-1773. https://doi.org/10.1109/ICESC57686.2023.10193627

[10] D*Amico, G., Arbolino, R., Shi, L., Yigitcanlar, T., & Ioppolo, G. (2021). Digital Technologies for Urban Metabolism Efficiency: Lessons from Urban Agenda Partnership on Circular Economy. Sustainability, 13(11), 1-21. https://doi.org/10.3390/su13116043.

[11] García, I., & Hayo, B. (2021). Political budget cycles revisited: Testing the signalling process. European Journal of Political Economy, 69, 1-12. https://doi.org/10.1016/j.ejpoleco.2021.102030.

[12] Gasco-Hernandez, M., Nasi, G., Cucciniello, M., & Hiedemann, A. (2022). The role of organizational capacity to foster digital transformation in local governments: The case of three European smart cities. Urban Governance, 2(2), 236-246. https://doi.org/10.1016/j.ugj.2022.09.005.

[13] Gerged, A. (2022). Role of Financial Innovation in Achieving Economic Sustainability: A Review Study. Technoarete Journal on Accounting and Finance., 1(1), 10-15. https://doi.org/10.36647/tjaf/01.01.a003. https://doi.org/10.36647/tjaf/01.01.a003

[14] Gómez-Trujillo , A., & González-Pérez, M. (2021). Digital transformation as a strategy to reach sustainability. Smart and Sustainable Built Environment., 11(4), 1137-1162. https://doi.org/10.1108/SASBE-01-2021-0011.

[15] Gudmundsdottir, S., Olaf, T., Marín, E., Dia, S., & Sol, I. (2024). Sustainable Digital Change: The Case of a Municipality. Sustainability, 16(3), 1-18. https://doi.org/10.3390/su16031319. https://doi.org/10.3390/su16031319

[16] Hanelt, A., Bohnsack, R., Marz, D., & Antunes, C. (2020). A Systematic Review of the Literature on Digital Transformation: Insights and Implications for Strategy and Organizational Change. ournal of Management Studies, 58(5), 1159-1197. https://doi.org/10.1111/JOMS.12639

[17] Hossain, B. (2024). Do government spending on pollution abatement and targeted environmental policies promote green growth in Canada? Journal of Cleaner Production, 434, 1-19. https://doi.org/10.1016/j.jclepro.2023.140391

[18] Inga-Ávila , M., Churampi-Congalaya, R., Ulloa-Ninahuamán, J., Inga-Ávila, J., Uribe-Hinostroza, M., Inga{Aliaga, M., & Huamán-Pérez, F. (2023). Digital transformation and competitiveness in Peruvian small business. International Journal of Data and Network Science, 7(4), 1797-1804. 10.5267/j.ijdns.2023.7.012

[19] Johnsen, A. (2019). Does formal strategic planning matter? An analysis of strategic management and perceived usefulness in Norwegian municipalities. International Review of Administrative Sciences, 87, 380-398. https://doi.org/10.1177/0020852319867128

[20] Khisro, J. (2020). Utilizing an Investment Instrument for Digital Transformation: A Case Study of a Large Swedish Municipality. Electronic Government, 12219, 71-81. https://doi.org/10.1007/978-3-030-57599-1_6.

[21] Lafioune, N., Desmareest, A., Poirier, E., & St-Jacques (2023). Digital transformation in municipalities for the planning, delivery, use and management of infrastructure assets: Strategic and organizational framework. Sustainable Futures, 6, 1-20. https://doi.org/10.1016/j.sftr.2023.100119.

[22] Lafioune, N., Poirier, E., & St-Jacques, M. (2024). Managing urban infrastructure assets in the digital era: challenges of municipal digital transformation. Digital Transformation and Society, 3(1), 3-22. https://doi.org/10.1108/DTS-02-2023-0010. https://doi.org/10.1108/DTS-02-2023-0010

[23] Lanka, S., Vevere, U., & Striguna, S. (2023). Risk Management in Latvia Municipal Social Services for Sustainable Well-Being of the Population. Eng. Proc., 55(1), 1-17. https://doi.org/10.3390/engproc2023055064. https://doi.org/10.3390/engproc2023055064

[24] Lee, D., & Min, S. (2021). Defective democracy and the political budget cycle. Journal of Comparative Economics, 49(4), 947-961. https://doi.org/10.1016/j.jce.2021.04.009

[25] Lino, A., Azevedo, R., & Belote, G. (2023). The influence of public sector audit digitalisation on local government budget planning: evidence from Brazil. Journal of Public Budgeting, Accounting & Financial Management, 35(2), 198-218. https://doi.org/10.1108/JPBAFM-05-2022-0090

[26] Matos, S., Jorge, S., & Moura, S. (2023). Measuring local public expenditure effectiveness using sustainable development goals. International Journal of Public Sector Management, 36(4-5), 440-462. https://doi.org/10.1108/IJPSM-01-2023-0003

[27] Montenegro Neira, T. D., Rimapa Navarro, L. R., Camacho Delgado, F. M., Bollet Ramírez, F., Gomez Morales, A. J., & Hernández Hernández, O. (2024). From paper to screen: towards legal certainty with the digitization of public deeds in Peru. Sapienza: International Journal of Interdisciplinary Studies, 5(2), e24043. https://doi.org/10.51798/sijis.v5i2.777

[28] Namitulina, A., Soklakova, I., Kuzmina, E., & Buryak, E. (2020). Assessment of functional elements of public finance management. Вестник университета(10), 138-144. https://doi.org/10.26425/1816-4277-2020-10-138-144

[29] Nuryadin, R., Sobandi, A., & Santoso, B. (2023). Digital Leadership in the Public Sector-Systematic Literature Review. Jurnal Ilmu Administrasi: Media Pengembangan Ilmu dan Praktek Administrasi., 20(1), 90-106. https://doi.org/10.31113/jia.v20i1.934

[30] Olano, M. D., de la Cruz, A. S. V., Rodriguez, V. H. P., Benavides, A. M. V., Salazar, C. A. H., Escobar, B. R. P., & Reategui, J. A. (2023). The Need for Innovation in Financial Education: a Study of Household Indebtedness in Peru. Journal of Law and Sustainable Development, 11(11), e1665-e1665.

[31] Pérez-Mamani, R., Cernaque, O., Prudenci, F., Pajuelo, C., Alvarado, S., & Barrera, E. (2023). Directive Skills in the Investment Cycle of a Peruvian Public Entity from 2019 to 2022. Migration Letters, 20(S2), 35-50. https://doi.org/10.59670/ml.v20iS2.3662. https://doi.org/10.59670/ml.v20iS2.3662

[32] Reyes-Perez, M., Facho-Cornejo, J., & Rojas-Palacios, L. (2023). Theoretical Model of Electronic Management for the Development of Human Potential in a Local Government. Peru Case. HCI in Business, Government and Organizations, 14038, 47-56. https://doi.org/10.1007/978-3-031-35969-9_4. https://doi.org/10.1007/978-3-031-35969-9_4.

[33] Salemans, L., & Budding, T. (2021). Operationalizing public value in higher education: the use of narratives as an alternative for performance indicators. Journal of Management and Governance, 26, 337-363. https://doi.org/10.1007/s10997-021-09596-4

[34] Schachtner, C. (2022). Wise Governance - Elements of the digital strategies of municipalities. Smart Cities and Regional Development (SCRD) Journal., 6(2), 23-29. https://doi.org/10.25019/scrd.v6i2.126

[35] Silva, A., & Puppim, J. (2024). What factors drive municipal climate adaptation policy? The role of risk management capacity and transnational municipal networks. Urban Climate, 53, 1-16. https://doi.org/10.1016/j.uclim.2024.101809

[36] Silwal, S. (2023). Transparency in Financial and Fiscal Affairs at Municipal Level: The Lessons from the Gandaki Province, Nepal. Dhaulagiri Journal of Contemporary Issues., 1(1), 1-6. https://doi.org/10.3126/djci.v1i1.58621. https://doi.org/10.3126/djci.v1i1.58621

[37] Sorg, C. (2023). Finance as a form of economic planning? On the financialization of planning and its democratization. Competition & Change, 1-21. https://doi.org/10.1177/10245294231217578

[38] Tkachenko, D. (2021). Corporate financial planning during the digitalization of the economy. Digest Finance, 26(2), 126-147. https://doi.org/10.24891/df.26.2.126.

[39] Várzaru, A., Bocean, C., Simion, D., Berceanu, D., & Mangra, M. (2023). Digital Revolution, Sustainability, and Government Revenues: A Transversal Analysis of How Digital Transformation and Sustainable Practices Impact Sustainable Government Revenues. Systems, 11(11), 1-18. https://doi.org/10.3390/systems11110546. https://doi.org/10.3390/systems11110546

[40] Vial, G. (2019). Understanding digital transformation: A review and a research agenda. J. Strateg. Inf. Syst., 28, 118-144. https://doi.org/10.1016/J.JSIS.2019.01.003.

[41] Vinadio, T., Noordt, C., Castillo, C., & Avila, R. (2022). Brief version of the report artificial intelligence and digital transformation. Synchroinfo Journal(5), 12-25. https://doi.org/10.36724/2664-066x-2022-8-5-12-25.

[42] You , Z., & Zhao, S. (2023). Enterprise Digital Transformation and Financial Risk. Advances in Economics and Management Research, 4(1), 1-15. https://doi.org/10.56028/aemr.4.1.114.2023. https://doi.org/10.56028/aemr.4.1.114.2023

[43] Zhang, D., & Vigne, S. (2021). How does innovation efficiency contribute to green productivity? A financial constraint perspective. Journal of Cleaner Production, 280(1), 1-19. https://doi.org/10.1016/j.jclepro.2020.124000

Abstract

References

How to cite