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Contact Name
Fitri Apriani
Contact Email
nejeshjournal@gmail.com
Phone
+6287889469421
Journal Mail Official
nejeshjournal@gmail.com
Editorial Address
Jl. Inspeksi Saluran No. 1 Kalimalang Jakarta Timur
Location
Kota adm. jakarta timur,
Dki jakarta
INDONESIA
Neo Journal of economy and social humanities
ISSN : -     EISSN : 28286480     DOI : https://doi.org/10.56403/nejesh
journal principles aimed at publishing scientific works resulting from research, development and literature studies in the field of economics and social humanities, and Scope this journal: Macro and micro economics Accounting, Banking, Taxation, Human Resource Management, Administration Marketing, Transportation Management, Industrial Management, Informatics Management, Public relations, Advertising Communication and Media Management, Social Welfare, Science Public administration, Socio-Political Science, Public policy Tourism
Articles 172 Documents
Policy Connectivity and Fiscal Decentralization in Encouraging Economic Development through Marine Tourism in Banten Province Nugroho, Arif; Jumanah, Jumanah; Stiawati, Titi; Handoko, Pryo
Neo Journal of economy and social humanities Vol 5 No 1 (2026): Neo Journal of Economy and Social Humanities
Publisher : International Publisher (YAPENBI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/nejesh.v5i1.426

Abstract

This study analyzes the role of fiscal and administrative decentralization and policy connectivity in the development of marine tourism as a driver of economic development in Banten Province. Using a mixed-methods approach, the study combines quantitative analysis of GRDP data, tourism sector contributions, the number of destinations, and investment indicators with qualitative analysis through in-depth interviews, focus group discussions, and field observations. The results show that while decentralization provides flexibility for local governments in destination management and budget allocation, its effectiveness depends heavily on vertical and horizontal policy integration and cross-sectoral coordination. Disparities in tourism contributions between districts remain high, but good policy connectivity can increase GRDP per capita by between five and seven percent, create new jobs, encourage investment, and empower local MSMEs. These findings confirm that effective marine tourism management requires synergy between multi-level governance, active community participation, and data-driven decision-making to achieve inclusive, sustainable, and resilient economic development.
The Effectiveness of Regional Capital Participation in Regionally-Owned Enterprises: Principal-Agent Analysis of District Dividend Contributions Rusito, Rusito; Jumanah, Jumanah
Neo Journal of economy and social humanities Vol 5 No 1 (2026): Neo Journal of Economy and Social Humanities
Publisher : International Publisher (YAPENBI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/nejesh.v5i1.428

Abstract

This study aims to analyze the effectiveness of regional capital participation in Regionally Owned Enterprises (BUMD) in increasing dividend contributions to Local Own-Source Revenue (PAD) of Lebak Regency in 2025 through the perspectives of Principal–Agent Theory and Public Value Governance. The study is motivated by the continued high fiscal dependence of local governments on central government transfers, while the contribution of BUMD dividends to local revenue remains relatively low. This research employs a descriptive qualitative approach supported by quantitative data, with data collected through documentary study and document analysis of regional financial reports, capital participation data, BUMD dividend reports, and related policy documents. The low level of effectiveness is influenced by agency problems, weak governance, limited operational capacity, insufficient institutional legitimacy and support, and the still limited public value generated by BUMD. Therefore, strengthening Good Corporate Governance (GCG), performance-based monitoring, business restructuring, and more measurable dividend targets is necessary so that regional capital participation can contribute more effectively to local revenue and public value creation.