Implementasi Manajemen & Kewirausahaan
Vol 6 No 1 (2026): IMKA JOURNAL

Strengthening public governance and macroeconomic stability as determinants of the sustainability of Indonesia’s national business climate for the 2025–2026 period

Ony Thoyib Hadi Wijaya (Sekolah Tinggi Ilmu Ekonomi Pemuda Surabaya)
Nuryadi Nuryadi (Sekolah Tinggi Ilmu Ekonomi Pemuda Surabaya)
Komarun Zaman (Sekolah Tinggi Ilmu Ekonomi Pemuda Surabaya)
Kirana Salsabilla Citra Wijaya (Sekolah Tinggi Ilmu Ekonomi Pemuda Surabaya)
Lely Maharani (Universitas Islam Negeri Sunan Ampel Surabaya)



Article Info

Publish Date
31 May 2026

Abstract

The sustainability of the national business climate is not solely influenced by the achievement of macroeconomic indicators, but is also determined by the quality of public governance, the effectiveness of fiscal policy, and institutional legitimacy. This study aims to analyze the interrelationship between anti-corruption policy reforms, regional fiscal dynamics, protection of informal labor, and financial system stability in sustaining national business activities during the 2025–2026 period. The research employs a normative qualitative approach with policy analysis based on secondary data obtained from Statistics Indonesia, Bank Indonesia, the Financial Services Authority, the Audit Board of Indonesia, and official government publications. The findings indicate that although national macroeconomic performance remains relatively stable, characterized by economic growth exceeding 5 percent and controlled inflation, structural challenges persist, including regional fiscal disparities, heightened private sector prudence, and the need to strengthen the legitimacy of public policies. This study emphasizes that the sustainability of national economic growth requires the integration of legal reforms, the strengthening of public institutions, and policy orientations that prioritize social productivity.

Copyrights © 2026






Journal Info

Abbrev

manajemen

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The IMKA provides a forum for academics and professionals to share the latest developments and advances in knowledge and practice of management business both theory and practices. It aims to foster the exchange of ideas on a range of important management subjects and to provide stimulus for ...