cover
Filter by Year
Perspektif Pembiayaan dan Pembangunan Daerah
Published by Universitas Jambi
ISSN : 23384603     EISSN : 23558520
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah ditujukan sebagai wadah penyampaian pemikiran dan analisis ilmiah dalam bidang ilmu ekonomi khususnya yang terkait dengan pembiayaan dan pembangunan daerah bagi staf pengajar, peneliti, alumni, mahasiswa dan masyarakat luas. Jurnal ini diterbitkan empat kali dalam satu tahun yaitu pada Bulan Januari, April, Juli dan Oktober. Editor menerima tulisan yang belum pernah dipublikasikan/diterbitkan oleh media manapun, baik di dalam maupun di luar negeri.
Articles
214
Articles
Good university governance: experience from Indonesian university

Risanty, Risanty, Kesuma, Sambas Ade

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

The purpose of this paper is to discuss the concept of a good university governance. Particularly, this paper discuss the implementation of good governance in Indonesia and the principles used in achieving good governance in Indonesia. Education has developed from time to time and universities as higher education institutions also develop into a dynamic and modern institutions of knowledge.  The concept of good university governance provides a guidance for the management of a university and the university should place itself in the middle of the public and the nation.  The concept of university governance is originally derived from the good governance concept. The concept of university governance is a guideline for the university to achieve the vision and objectives as a professional institution. There are eight good university governance in Indonesia, namely transparency, accountability to stakeholders, responsibility, independence in decision making, fairness, quality assurance and relevance, effectiveness and efficiency, as well as non-profit. These principles need to be developed in all academic activities and the university management.

Implementation of good governance principles in village government context in Bantul Regency, Yogyakarta

Siregar, Hilda Octavana, Muslihah, Siti

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

This study aims to determine the application of good governance principles of the village government in Bantul Regency, Yogyakarta. In Indonesia, village is the lowest level government. The method used in this study was descriptive statistics with data from all villages in Bantul Regency. This study concluded that the implementation of good governance in villages in Bantul was generally good. Good governance indicators have been implemented by more than 50% of all villages even though some indicators still need to be improved. The villages have applied the good governance principles in accordance with the international formulation, namely, efficiency and effectiveness, openness and transparency, innovation, long-term orientation, reliable, and accountable financial management. The implementation can be strengthened through training to the village government and communities, especially regarding innovation and long-term orientation  principles that must be possessed so that the villages can become more independent and develop more rapidly.

Creativity and innovation in achieving success in traditional cake businesses

Amin, Shofia, Jaya, Indra

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

Many factors influence the success of a business, either internal or external factors. This study aims to examine the interrelationship of internal factors in the form of creativity and innovation to the success of the businesses of traditional cake. Using quantitative methods, data was collected through questionnaires to 37 traditional cake entrepreneurs in Kuala Tungkal City, Tanjung Jabung Barat Regency, Jambi Province.  Analysis was done by using path analysis. The results show that creativity and innovation both simultaneously and partially have a positive effect on the success of traditional cake businesses. Innovation has more dominant influence than creativity in the success of businesses. From the descriptive analysis it was found that the success of the business in the form of increasing income was not followed by the addition of new customers. Therefore it is recommended for the entrepreneurs to innovate in product, process, place and design to be able to attract new customers.

The influence of accounting internal control and human resources capacity on reliability and timeliness of regional government financial reporting (a study in Special Region of Yogyakarta Province)

Oktyawati, Dianila, Fajri, Faridiah Aghadiati

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

Regional autonomy allows regions to hold the authority to manage their own regions. It also raises the responsibility that must be fulfilled by the regional government, namely financial reporting as a means of accountability. Reliability and timeliness are two important elements in financial information for the right decision making. There are several factors that can influence reliability and timeliness. This study aims to examine the effect of accounting internal controls and human resources capacity on the reliability and timeliness of financial reporting in local governments. The object of this research was the head and staff of the Regional Financial and Asset Agency (BKAD) in the Special Region of Yogyakarta province. Data collection was done through questionnaires, which were then analyzed using multiple linear regression analysis. The results of this study indicate that accounting internal control and human resources capacity have a significant influence on the reliability and timeliness of financial reporting in the local governments in the Special Region of Yogyakarta Province.

The dynamics of firm growth, size and liquidity constraints for Botswana listed firms

Mbulawa, Strike, Ogbenna, Francis

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

The study employed panel Ordinary Least Squares (OLS) model and panel Vector Autoregressive (VAR) model to examine the dynamic linkages among firm growth, liquidity and firm size. Specifically the study sought to: examine the key variables explaining the growth of firms in an emerging market; examine the reaction of one variable to innovations in another variable within the system and to identify the major drivers of changes in the main variable and the magnitude of the total effect over a certain period of time. Findings, using both panel VAR and panel OLS, showed that growth of firms is financially constrained by the availability of cash flows. There is a significant relationship between cash flows and firm growth which is consistent with theoretical prediction of imperfect capital markets. The panel VAR analysis further that the presence of financial constraints is sensitive to the measure of firm growth. The study shows the existence of causal relationship among firm size, liquidity and growth. Firm size, depending on measure adopted, is affected by availability of cash flows. Variations in investment expenditure were the main drivers of changes in firm growth, firm size and liquidity. The study suggests the need to improve and have a diversified access to finance. Policy makers should aim to develop the financial sector to guarantee sustainable access to bank and stock market finance. The development of strong institutions and reduction of information asymmetry is highly recommended.

Factors that influence bond markets development in Ghana

Musah, Alhassan, Badu-Acquah, Bernard, Adjei, Eunice

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

The various financial crises all over the globe underscore the need for economies to have vibrant bond markets to augment their financial portfolios.  Among other benefits, this will enable them to support rapid and sustained infrastructural development, which in turn will lead to swift economic growth.  The small size of the Ghanaian bond market, the accompanying huge infrastructural challenges, the overdependence on external debt and Deposit Money Banks (DMBs), the lopsided empirical evidence, which is concentrated on western  and Asian economies coupled with mixed findings in related studies call for the need to examine the factors that promote  the  country‘s bond market  development. This  study  therefore  examines  the influence  of  bond market  determinants  on  the development of the bond market  in Ghana. Data was collected from secondary sources covering a period from 1980 to 2015. The Vector Error Correction Model (VECM) is employed as technique of data analysis.  The Augmented Dickey-Fuller (ADF) stationarity test, the Johansen Co-integration test and other tests are carried out to ensure the robustness of the results.  The findings of the study reveal that bank size, external debt, money supply and size of the economy are significant determinants of corporate bond market development in Ghana.  Also, level of economic development, budget deficit and bank size are significant determinants of government bond market size in Ghana.  However, bank size, money supply and external debt are seen to be the most important and significant drivers of total bond market size in Ghana

Entrepreneurship, a determinant factor in the sustainable development of small businesses

Otilia, Manta P. Elena

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

Entrepreneurship has emerged from people's permanent desire to meet their own needs, namely the permanent capacity to adapt to the new technological challenges of the markets and to create new elements to meet the needs of the market. Due to their innovative nature, entrepreneurs persist in discovering new sources of documentation to continually improve their activities. For the sustainable development of small businesses, especially in rural areas, the role of entrepreneurs is determined by their knowledge capacities in terms of supply, the cost of their products and services, and the mobilization of financial resources in the development of new businesses or the expansion of existing businesses.

Policy recommendations for current relationship between electronic commerce and Mexican SMEs: Theoretical analysis under the vision based on the industry

Vargas-Hernández, José G., Rosas, David Iván Pérez

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

The objective of this essay is to present a different approach on the Porter’s five forces model and to make the reader aware of the topic of industrial competence and e-commerce in Mexico. In this essay, the method used is the analytic descriptive. First, the current situation in which SMEs in Mexico are related to e-commerce is exposed, since this last one provides a significant opportunity for the improvement of business results for this class of companies. In addition, a review of the empirical literature is provided in which models that allow measuring the degree of adoption of e-commerce by SMEs are exposed, as well as to understand the behavior of these economic agents with the e-commerce worldwide as in territory Mexican. Finally, as a result, an analysis is carried out under the model of the Porter pyramid in relation to Mexican SMEs and e-commerce.

High Frequency Trading, it’s role in the 2007/2009 financial crisis and the 2010 flash crash

Kirika, Stanley Kimani

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

High Frequency Trading (HFT) is automation of the conventional securities trades in exchanges that begins by placing limit buy or sell orders, connecting the buyer to the seller and executing the transaction for profit. HFT began in the wake of the millennium and rapidly grew till 2005, later dropping after the 2007-2009 financial crisis; igniting a huge debate. I argue that HFT neither caused the 2007-2009 financial crisis actually occasioned by mispricing of subprime mortgages nor the May 6, 2010 flash crash actually caused by the immediacy problem. That HFT is just an algorithm that attracted mistrust by a section of exchange stakeholders by reason of high speed trade execution. I finally forecast that HFT can only gain more ground after reaching its lowest in 2014, but that it requires regulation to operate in stability.

The nexus between exchange rate fluctuations and macroeconomic variables in Nigeria

Adegboyo, Olufemi Samuel

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Original Source | Check in Google Scholar |

Abstract

TThis study examined the nexus between exchange rate fluctuations and macroeconomic variables in Nigeria using annual time series data spanning from 1986 to 2017.  The study employed ECMARDL and granger causality to ascertain both dynamics and directional relationship among the variables under consideration. The results showed that FDI and RGDP had positive significant effect on exchange rate fluctuations, while TOT has a positive insignificant impact on exchange rate fluctuations. Furthermore, CPI, GSPGDP, TFRESV and WCOP had negative significant impact on exchange rate fluctuations.  The error correction model coefficient which is -0.704469 means that nearly 70.45 percent of any disequilibrium in exchange rate fluctuation is corrected by the selected variable within one period (one year). The findings further revealed that there is causal relationship between exchange rate and the TOT, FDI, CPI and WCOP. The implication of this is that there are directional and equilibrium relationship between exchange rate fluctuations and macroeconomic variables in Nigeria. The study therefore recommend that Government and policy makers should intensify domestic policies that accommodate or tolerate some level of (mild) inflation in order to encourage producers to expand production of goods and services, also the government should diversify the economy so that whenever there is a shock in the oil price, the shock will be less felt by the economy, and Government consumption expenditure should be carried out in a manner that it will encourage and promote investment, and increase domestic demand.

Issues
All Issue Vol 6 No 4 (2019): Journal of Perspectives on Financing and Regional Development Vol 6 No 3 (2018): Journal of Perspectives on Financing and Regional Development Vol 6 No 2 (2018): Journal of Perspectives on Financing and Regional Development Vol 6 No 1 (2018): Journal of Perspectives on Financing and Regional Development Vol 5 No 4 (2018): Journal of Perspectives on Financing and Regional Development Vol 5 No 3 (2018): Journal of Perspectives on Financing and Regional Development Vol 5 No 2 (2017): Journal of Perspectives on Financing and Regional Development Vol 5 No 1 (2017): Journal of Perspectives on Financing and Regional Development Vol 4 No 4 (2017): Journal of Perspectives on Financing and Regional Development Vol 4 No 3 (2017): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 4 No 2 (2016): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 4 No 1 (2016): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 3 No 4 (2016): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 3 No 3 (2016): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 3, No 1 (2015) Vol 2, No 4 (2015) Vol 2, No 3 (2015): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 2 No 4 (2015): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 2, No 2 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 2, No 1 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 2 No 2 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 2 No 1 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1, No 4 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1, No 3 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1, No 3 (2014) Vol 1 No 4 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1 No 3 (2014): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1, No 2 (2013): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1, No 2 (2013) Vol 1, No 1 (2013): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1 No 2 (2013): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol 1 No 1 (2013): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah