Published: 2025-12-01

Pengaruh Belanja Modal, Dana Perimbangan, Tingkat Kemandirian dan Tingkat Ketergantungan terhadap Kinerja Keuangan Pemerintah Kota di Pulau Sumatera

DOI: 10.35870/jemsi.v11i6.4876

Salsa Amanah Vintha Rihan, Siska Aprianti, Jovan Febriantoko
  • Salsa Amanah Vintha Rihan: Politeknik Negeri Sriwijaya
  • Siska Aprianti: Politeknik Negeri Sriwijaya
  • Jovan Febriantoko: Politeknik Negeri Sriwijaya
JEMSI Volume 11 Nomor 6 Desember 2025
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Abstract

This study investigates the impact of capital spending, intergovernmental transfers, fiscal autonomy, and fiscal reliance on the financial performance of municipal governments across Sumatra from 2019 to 2023 uses the official website of the Audit Board of the Republic of Indonesia as the primary source for collecting secondary data, and employs multiple regression analysis using EViews 12. The effectiveness ratio is used as an indicator to measure financial performance, assessing the ability of realized local revenue to achieve targets Based on the partial analysis results, the variables of capital expenditure and balancing funds do not have a significant effect on the financial performance of city governments. In contrast, the variables of financial independence and dependency show a significant negative effect on financial performance. Simultaneous test results indicate that all four variables affect financial performance. This finding shows that an increase in capital expenditure and balancing funds does not necessarily improve financial performance, especially without increased self-reliance and reduced dependence on central government transfers.

Keywords

Capital Expenditure; Balance Fund; Level of Independence; Financial Performance

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How to Cite

Rihan, S. A. V., Aprianti, S., & Febriantoko, J. (2025). Pengaruh Belanja Modal, Dana Perimbangan, Tingkat Kemandirian dan Tingkat Ketergantungan terhadap Kinerja Keuangan Pemerintah Kota di Pulau Sumatera. JEMSI (Jurnal Ekonomi, Manajemen, Dan Akuntansi), 11(6), 5230-5237. https://doi.org/10.35870/jemsi.v11i6.4876
Article Information

This article has been peer-reviewed and published in the JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi). The content is available under the terms of the Creative Commons Attribution 4.0 International License.

  • Issue: Vol. 11 No. 6 (2025)

  • Section: Articles

  • Published: 2025-12-01

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Author Biographies
Salsa Amanah Vintha Rihan, Politeknik Negeri Sriwijaya
Google Scholar ResearchGate ORCID

Akuntansi Sektor Publik, Akuntansi, Politeknik Negeri Sriwijaya, Jl. Srijaya Negara, Kota Palembang, Sumatera Selatan, Indonesia.

Siska Aprianti, Politeknik Negeri Sriwijaya
Google Scholar ResearchGate ORCID

Akuntansi Sektor Publik, Akuntansi, Politeknik Negeri Sriwijaya, Jl. Srijaya Negara, Kota Palembang, Sumatera Selatan, Indonesia.

Jovan Febriantoko, Politeknik Negeri Sriwijaya
Google Scholar ResearchGate ORCID

Akuntansi Sektor Publik, Akuntansi, Politeknik Negeri Sriwijaya, Jl. Srijaya Negara, Kota Palembang, Sumatera Selatan, Indonesia.

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