Determinants of local government financial performance: The mediating role of e-government

https://doi.org/10.35912/ijfam.v7i3.2570
Published: Dec 2, 2025

Abstract:

Purpose: This study examines the impact of capital expenditures, follow-up on audit recommendations, and local government financial performance, with e-government as moderating variable.

Methodology/approach: The research used quantitative data from 2019–2022, this study employs purposive sampling and panel data regression with moderated regression analysis.

Results/findings: The research results show that capital expenditure has a negative but insignificant effect. Follow-up on audit recommendations has a positive but insignificant effect. Horizon problems significantly and negatively impact financial performance. E-government as a moderating variable is only effective in reducing the negative impact of the horizon problem, but it cannot strengthen the positive influence of capital expenditure or audit follow-up on financial performance.

Conclusion: Capital expenditure shows ineffectiveness despite meeting the spending threshold. The follow-up on audit recommendations shows that only 5 out of 34 provinces met the BPK target, and 39% of the recommendations align with the findings. horizon issue with 35% of provinces experiencing a decline in revenue during 2019–2024. E-government in capital expenditure only focuses on administrative function. SPBE index cannot enhance financial performance. But, reduces negative effects horizon problem through data-based prioritization and real-time budget allocation with e-budgeting system.

Limitations: Financial performance measurement focus on regional original revenue, and e-government implementation requires more detailed evaluation.

Contribution: The findings offer policymakers and public insights to prioritize strategies enhancing local government financial performance.

Keywords:
1. Capital Expenditure
2. E-Government
3. Follow-up on Audit Recommendations
4. Financial Performance
5. Horizon Problem
Authors:
1 . Ichlasul Amin Nasution
Padjajaran University, Jawa Barat, Indonesia
2 . Ivan Yudianto
Padjajaran University, Jawa Barat, Indonesia
3 . Sri Mulyani
Padjajaran University, Jawa Barat, Indonesia
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How to Cite
Nasution, I. A., Yudianto, I., & Mulyani, S. (2025). Determinants of local government financial performance: The mediating role of e-government. International Journal of Financial, Accounting, and Management, 7(3), 353–370. https://doi.org/10.35912/ijfam.v7i3.2570
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Issue & Section
Vol. 7 No. 3 (2025): December
Articles
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This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

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  1. Abernethy, M. A., Jiang, L., & Kuang, Y. F. (2019). Can organizational identification mitigate the CEO horizon problem? Accounting, organizations and Society, 78, 101056. doi:https://doi.org/10.1016/j.aos.2019.07.002
  2. Afiah, N. N., Mulyani, S., & Ulfi, I. H. (2021). Investasi Daerah Dan E-Government Serta Implikasinya Terhadap Kemandirian Daerah. Bina Ekonomi, 25(2), 115-134. doi:https://doi.org/10.26593/be.v25i2.5259.21-40
  3. Ahyaruddin, M., & Amrillah, M. F. (2018). Faktor penentu kinerja pemerintah daerah. Jurnal Akuntansi Multiparadigma, 9(3), 471-486. doi:http://dx.doi.org/10.18202/jamal.2018.04.9028
  4. Aminah, S., & Saksono, H. (2021). Digital transformation of the government: A case study in Indonesia. Jurnal Komunikasi: Malaysian Journal of Communication, 37(2), 272-288. doi:https://doi.org/10.17576/JKMJC-2021-3702-17
  5. Anisman, H. B. (2021). Analisis Faktor–Faktor Yang Mempengaruhi Kinerja Keuangan Pada Pusat Pendapatan Pemerintah Daerah Kabupaten Tulang Bawang (Studi Pada Pemerintah Daerah Kabupaten Tulang Bawang).
  6. Bastian, I. (2001). Akuntansi sektor publik Indonesia: Pusat Pengembangan Akuntansi, Fakultas Ekonomi Universitas Gadjah Mada.
  7. Bastian, I. (2018). Audit sektor publik: pemeriksaan pertanggungjawaban pemerintah: Salemba Empat.
  8. Beeri, I., Uster, A., & Vigoda-Gadot, E. (2019). Does performance management relate to good governance? A study of its relationship with citizens’ satisfaction with and trust in Israeli local government. Public Performance & Management Review, 42(2), 241-279. doi:https://doi.org/10.1080/15309576.2018.1436074
  9. Bone, H. (2017). The effects of financial and non-financial performances towards the managerial performances with interpersonal trust as a mediation variable. International Journal of Law and Management, 59(6), 1190-1202. doi:https://doi.org/10.1108/IJLMA-08-2016-0072
  10. Da Gama, H. P., Soleman, R., & Hadady, H. (2022). Analysis of the Effect of Regional Original Income and Balanced Funds on Regional Financial Independence in North Maluku Province Local Governments. Jurnal Economic Resource, 5(1), 1-9. doi:https://doi.org/10.57178/jer.v5i1.232
  11. Darwanis, D., & Saputra, R. (2014). Pengaruh Belanja Modal terhadap Pendapatan Asli Daerah dan Dampaknya Pada Kinerja Keuangan Pemerintah Daerah (Studi Empiris Pada Pemerintah Daerah Kabupaten/Kota Di Provinsi Aceh). Jurnal Dinamika Akuntansi Dan Bisnis, 1(2), 183-199.
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  13. Eton, M., Sunday, A., & Nkamusiima, D. (2023). Budget implementations in local governments in Uganda; reflections from Kiruhura and Mbarara. International Journal of Financial, Accounting, and Management, 5(2), 235-249. doi:https://doi.org/10.35912/ijfam.v5i2.1423
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  18. Haptari, V. D., Ginting, A. M., & Aritonang, F. D. (2022). Strategy For Increasing Regional Original Income Through Strengthening Some Factors In Regional Financial Independence. Jurnal Ekonomi, 11(03), 926-934.
  19. Hidayat, R., Erlina, E., & Badaruddin, B. (2024). Impact of local revenue (PAD) and transfer funds on regional financial independence in North Sumatra province: english. Jurnal Ekonomi, 13(01), 458-466.
  20. Hilmawan, R., Aprianti, Y., Yudaruddin, R., Bintoro, R. F. A., Fitrianto, Y., & Wahyuningsih, N. (2023). Public sector innovation in local government and its impact on development outcomes: Empirical evidence in Indonesia. Heliyon, 9(12). doi:https://doi.org/10.1016/j.heliyon.2023.e22833
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  22. Hutapea, F. L., & Widyaningsih, A. (2017). Pengaruh Good Government Governance dan Ukuran Legislatif terhadap Kinerja Pemerintah Daerah. Jurnal Aset (akuntansi riset), 9(1), 173-186.
  23. Indrayani, E. (2020). E-Government: Konsep, Implementasi dan Perkembangannya di Indonesia.
  24. Ishida, S., Ogoe, S., & Suzuki, K. (2023). Earnings management, horizon problem, and advisor posts for retiring CEOs. Pacific-Basin Finance Journal, 78, 101972. doi:https://doi.org/10.1016/j.pacfin.2023.101972
  25. Ismail, A. H., Ritchi, H., & Adrianto, Z. (2025). The Influence of Management Domain on Financial Business Processes in Official Regional Apparatus Organization of Banten Province. Studi Akuntansi, Keuangan, Dan Manajemen, 4(2), 375–387. doi:https://doi.org/10.35912/sakman.v4i2.3886
  26. Juliyanti, W. (2022). Studi Deskriptif: Determinan Teknologi, Informasi dan Komunikasi dalam Pengungkapan LKPD di Indonesia. Studi Akuntansi, Keuangan, Dan Manajemen, 2(2), 121-134. doi:https://doi.org/10.35912/sakman.v2i2.1670
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  30. Kiswanto, K., & Fatmawati, D. (2019). Determinan kinerja pemerintah daerah: ukuran pemda, leverage, temuan audit dan tindak lanjutnya. Jurnal Kajian Akuntansi, 3(1), 44-54. doi:https://doi.org/10.33603/jka.v3i1.1689
  31. Kochanova, A., Hasnain, Z., & Larson, B. (2020). Does e-Government improve Government capacity? Evidence from tax compliance costs, tax revenue, and public procurement competitiveness. The World Bank Economic Review, 34(1), 101-120. doi:https://doi.org/10.1093/wber/lhx024
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  33. Kurniati, S. (2019). Stock returns and financial performance as mediation variables in the influence of good corporate governance on corporate value. Corporate Governance: The International Journal of Business in Society, 19(6), 1289-1309. doi:https://doi.org/10.1108/CG-10-2018-0308
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  36. Maqbool, S., & Zamir, N. (2021). Corporate social responsibility and institutional investors: the intervening effect of financial performance. Journal of Economic and Administrative Sciences, 37(2), 238-252. doi:https://doi.org/10.1108/JEAS-08-2019-0089
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  38. Martin, G. P., Wiseman, R. M., & Gomez?Mejia, L. R. (2016). Going short?term or long?term? CEO stock options and temporal orientation in the presence of slack. Strategic management journal, 37(12), 2463-2480. doi:https://doi.org/10.1002/smj.2445
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