Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
P-Index
This Author published in this journals
All Journal Journal of Accounting Auditing and Business
Randos, Ismail Marzuki
Unknown Affiliation
Economics, Econometrics & Finance Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Analysis of the Impact of Transfer Funds and Local Revenue on Government Capital Expenditure in Regencies/Cities in West Java: Testing the Existence of the Flypaper Effect Asmarawati, Maulani Dwi; Randos, Ismail Marzuki
Journal of Accounting Auditing and Business Vol 8, No 2 (2025): July Edition
Publisher : Universitas Padjadjaran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/jaab.v8i2.65511

Abstract

This study analyzes the impact of transfer funds (General Allocation Fund and Special Allocation Fund) and Local Revenue on Capital Expenditure in Regency / City of West Java Province during the period 2018 2022, as well as testing the existence of the flypaper effect phenomenon. Using secondary data from the Local Government Financial Statements and BPK Audit Reports of 18 Regencies and 9 Cities in West Java, this study uses panel data regression analysis with the Random Effect Model (REM). The results show that the General Allocation Fund has no significant effect on Capital Expenditure, although it has a positive effect. In contrast, the Special Allocation Fund and Regional Original Revenue both have a positive and significant effect on Capital Expenditure. Then the results of the analysis indicate that the flypaper effect occurs in the Regency / City of West Java Province. This is due to the coefficient of Special Allocation Fund, which has a significant influence and is more dominant than Local Own Revenue in influencing Capital Expenditure. These findings provide important insights for the formulation of regional fiscal policy to be more effective in promoting development and public services in West Java.
Analysis of the determinants of cash holdings and the implications for local government spending effectiveness in West Java Randos, Ismail Marzuki; Suciyati, Nia
Journal of Accounting Auditing and Business Vol 9, No 1 (2026): January Edition
Publisher : Universitas Padjadjaran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/jaab.v9i1.68465

Abstract

Cash management is fundamental to sustaining uninterrupted local service delivery and supporting credible budget execution. In West Java, municipal cash holdings exhibited fluctuations over 2019–2023, with only a limited number of districts/cities consistently maintaining cash holdings ratios above the operational sufficiency threshold. This study examines (i) the determinants of cash holdings Capacity and (ii) the relationship between cash holdings and expenditure effectiveness. Cash Holdings Capacity is classified as sufficient when the cash holdings ratio exceeds 100%, whereas Expenditure Effectiveness is classified as effective when the effectiveness ratio exceeds 90%. The quantitative analysis applies binary logistic regression to 27 districts/cities in West Java for the 2021–2023 period. The results indicate that cash sufficiency is associated with a combination of regional characteristics, governance-related conditions, and financial fundamentals, including population and area size, audit findings, short-term solvency, and revenue stability. In addition, the second model shows that higher cash holdings are significantly related to lower expenditure effectiveness, suggesting that cash accumulation may coincide with delays in budget absorption and spending execution rather than signalling superior fiscal performance. The study suggests that improving local cash outcomes requires a dual focus: strengthening liquidity fundamentals and revenue predictability while simultaneously enhancing institutional capacity to translate available cash into timely, effective expenditure.
Co-Authors Asmarawati, Maulani Dwi Suciyati, Nia