Jurnal Ekonomi dan Bisnis
Vol 25 No 1 (2022)

The Indonesian provincial governments’ post-reformation good governance quality: A PCA approach

Khairudin Khairudin (Faculty of Economics and Business, Bandar Lampung University)
Rahmawati Rahmawati (Faculty of Economics and Business, Universitas Sebelas Maret)
Jaka Winarna (Faculty of Economics and Business, Universitas Sebelas Maret)
Evi Gantyowati (Faculty of Economics and Business, Universitas Sebelas Maret)



Article Info

Publish Date
16 Mar 2022

Abstract

This study aims to assess the quality of post-reformation good governance implementation in 34 Indonesian provincial governments using the Principal Component Analysis (PCA) method. Specifically, the method determines the governance index sourced from the KNKG covering democracy, transparency, accountability, legal culture, and fairness and equality principles. The findings show that (1) there are 26 or 76.47% provincial governments with “good” good governance quality and 8 or 23.53% provincial governments with “adequate” good governance quality; (2) Indonesian provincial governments tend to exhibit fluctuating but downward performance (although still in the “good” category); (3) Bali Province is the best province in implementing good governance, while North Maluku Province is the worst province in implementing good governance in Indonesia; (4) the Kalimantan region is the region with better governance implementation quality in Indonesia, while the Maluku region exhibits the poorest performance. Our empirical findings underscore the importance of stakeholders’ commitments and synergy in improving good governance quality.

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Journal Info

Abbrev

jeb

Publisher

Subject

Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ekonomi dan Bisnis is a fully refereed (double blind peer review), open-access online journal for academics, researchers, graduate students, early-career researchers, and undergraduate students, published by Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana, Indonesia. Jurnal ...