Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah
Vol 21 No 1 (2026): March 2026

Solutions to Improve Welfare in Indonesia: Agency Theory Perspective

Khairudin Khairudin (Faculty of Economics and Business, University of Bandar Lampung)
Aminah Aminah (Faculty of Economics and Business, University of Bandar Lampung)
Riswan Riswan (Faculty of Economics and Business, University of Bandar Lampung)



Article Info

Publish Date
02 Apr 2026

Abstract

This study focuses on testing the effect of good governance on welfare moderated by corruption in all provincial governments in Indonesia during the period 2014-2018. The test was conducted using panel data regression, where welfare was measured using the human development index value, good governance was measured using the governance index based on the principles of good governance from KNKG which was processed using the Principal Component Analysis method, corruption was measured using the number of irregularities found by government audit institutions, and the size of the regional government was measured using the number of state civil servants. The research data came from BPK-RI and BPS-RI. The test results found that good governance had a positive and significant effect on welfare, and corruption weakened the relationship between good governance and welfare, so the implementation of good governance and the continuous eradication of corruption in regional government organizations is very important.

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Journal Info

Abbrev

er

Publisher

Subject

Economics, Econometrics & Finance Energy Environmental Science Public Health Social Sciences

Description

Focus and Scope EKO-REGIONAL: Jurnal Pembangunan Ekonomi Wilayah facilitates and encourages high-quality scholarship on important issues in Regional and Development Economics. Our journal publishes significant contributions that are theoretical or empirical, positive or normative. It solicits ...