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Journal : Business Management

Evaluation of Regional Government Financial Performance through a Financial Ratio Approach: An Empirical Study in Jayawijaya Regency 2013–2023 Busiara, Abraham; Iek, Mesak; Hutajulu, Halomoan
Business Management Vol 4, No 3 (2025): Business Management Agustus
Publisher : Lembaga Penelitian dan Pendidikan (LPP) Mandala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58258/bisnis.v4i3.8907

Abstract

This study analyzes the financial performance of the Jayawijaya Regency Government from 2013 to 2023 using key financial ratios: autonomy, effectiveness, growth, and efficiency. The research employs a mixed-method approach, combining quantitative analysis of budget realization data with qualitative insights from key informants. The results show that while the effectiveness of locally generated revenue (PAD) was high averaging 166.38% the autonomy ratio remained critically low at 6.44%, reflecting substantial dependence on central transfers. Growth in revenue and expenditure was also suboptimal, falling below 30%, while efficiency ratios hovered around 99%, indicating limited fiscal flexibility. Strategic responses identified include digital tax reform, diversification of PAD sources, and creation of local enterprises. Despite promising policy directions, structural limitations such as geographic isolation and administrative capacity remain major obstacles. The study concludes that sustainable fiscal management in special autonomy regions requires not only technical effectiveness but also systemic reforms in institutional governance and local economic empowerment. The findings offer a valuable reference for policymakers seeking to enhance regional financial resilience in Indonesia's decentralized governance framework.
Co-Authors Adeline Silaban Adolf Z. D. Siahay Aedah, Nur Agung, Aldegonda Agustina Sanggrangbano Agustinus Salle, Agustinus Ahlia, Isma Shalihi Albertina Nasri Lobo Aldegonda, Great Ambate, Altwer Amelia Anna Nari Anggraeni Wahyu Murti Anselmus Pluto Iek Antoh, Agustina Antoh, Agustina Ester Antonia K. Bonay Antonia Klara Ayamiseba, Daud Erwin Busiara, Abraham D, Lisa Gresti Sella Djawa, Ferdinant Martinus Duwith, Clief Elsyan Rienette Marlissa Endro Risdiyanto Enrico A, Gregorius A. Eva Yuniarti Utami Haryati, Kristina Henderina Morin, Henderina Iriando Wijaya Iwan Harsono Julio Yusua Iek Kambuaya, Maylen K. P Kiriwenno, Jems L, Tessalonika Florenchia Lani , Lusiana Riska Luis Z. Maray Manalip, Lenny M. Manalu, Khristhoper Aris A Maray, Luis Z. Marlianingrum, Peggy Ratna Marlissa, Elsyan R. Mesak Iek Mollet , J. Ary Mollet, Ary Mollet, J. Mollet, Julius Ary Muammar Rinaldi Muhammad Ismail Mulyono, Herlina Irianti Nugroho, Eko Joko Nur Aini Nur Asmarani, Nur P. Pangke, Vanessa Devina Pallo, Luciana Imanuella Pangke, Vanessa Devina P Pangke, Vanessa Devina Putri Patty, Richard Poli, Agustina Ivonne Purba, Rispah Pustap, El Shaddai Sandhy Putra, R.Caesalino Wahyu Putri, Mellyanti Eka Rachmaeny Indahyani Raini Panjaitan Rasi Kasim Samosir, Rasi Kasim Ratang, Sarlota Arrang Risdiyanto, Endro S, Fanny Kristin Tantyah Siregar, Anggrainy Togi Marito Sitompul, Fanny Kristin Tantyah Sorry, Maurid Tahir, Usman Tarigan, Samiharyati Timisela, Stephani Inagama Titi Yuniarti Titi Yuniarti, Titi Toding, Sri Damayanti Ubra, Julius Usman Tahir Utami , Eva Yuniarti Vince Tebay Wanma, Johanis R Wenda, Dekis Wenda, Yusuf Westim Ratang Wonatorey, Nickanor Kaladius Reumi Yawa, Julita Juliana B. Yosephina Ohoiwutun