Local government units in Indonesia: Demographic attributes and differences in financial condition

This study examines the outcome of decentralisation reforms in Indonesia, focusing on the association between demographic characteristics and differences in the financial condition of local governments units. It investigates cross-sectional data pertaining to demographic characteristics and financia...

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Main Authors: Rusmin, Rusmin, Astami, Emita, Scully, Glennda
Format: Journal Article
Published: University of Wollongong, School of Accounting and Finance 2014
Online Access:http://hdl.handle.net/20.500.11937/51571
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author Rusmin, Rusmin
Astami, Emita
Scully, Glennda
author_facet Rusmin, Rusmin
Astami, Emita
Scully, Glennda
author_sort Rusmin, Rusmin
building Curtin Institutional Repository
collection Online Access
description This study examines the outcome of decentralisation reforms in Indonesia, focusing on the association between demographic characteristics and differences in the financial condition of local governments units. It investigates cross-sectional data pertaining to demographic characteristics and financial statements audited by the Supreme Audit Body of 419 Indonesian local government units for the fiscal year 2007. It utilises demographic attributes including scope of entity, location, tenure (date of entry), gender, human development index (HDI) and size of local governments to explain differences in the financial condition of Indonesia’s local government. Local government financial condition is proxied by quick ratio, debt ratio, services ratio, and ratio of local to total revenues. Te results suggest that scope and location of local government units help explain all of the financial condition variables. Te findings further infer that local government units domiciled in Java tend to report beter financial conditions relative to those domiciled in other islands. Our results also show that local government units with greater female populations and higher HDI are more likely to have a local authority that (1) has beter ability to finance their general services from their unrestricted net assets, and (2) has greater ability to earn more revenues from local sources. Finally, this study documents that the larger the population of a local government unit, the higher its liquidity position, the stronger its ability to funding general services, and the greater its possibility earning revenues from its local sources. © 2014 Australasian Accounting, Business and Finance Journal and Authors.
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spelling curtin-20.500.11937-515712017-09-13T16:08:11Z Local government units in Indonesia: Demographic attributes and differences in financial condition Rusmin, Rusmin Astami, Emita Scully, Glennda This study examines the outcome of decentralisation reforms in Indonesia, focusing on the association between demographic characteristics and differences in the financial condition of local governments units. It investigates cross-sectional data pertaining to demographic characteristics and financial statements audited by the Supreme Audit Body of 419 Indonesian local government units for the fiscal year 2007. It utilises demographic attributes including scope of entity, location, tenure (date of entry), gender, human development index (HDI) and size of local governments to explain differences in the financial condition of Indonesia’s local government. Local government financial condition is proxied by quick ratio, debt ratio, services ratio, and ratio of local to total revenues. Te results suggest that scope and location of local government units help explain all of the financial condition variables. Te findings further infer that local government units domiciled in Java tend to report beter financial conditions relative to those domiciled in other islands. Our results also show that local government units with greater female populations and higher HDI are more likely to have a local authority that (1) has beter ability to finance their general services from their unrestricted net assets, and (2) has greater ability to earn more revenues from local sources. Finally, this study documents that the larger the population of a local government unit, the higher its liquidity position, the stronger its ability to funding general services, and the greater its possibility earning revenues from its local sources. © 2014 Australasian Accounting, Business and Finance Journal and Authors. 2014 Journal Article http://hdl.handle.net/20.500.11937/51571 10.14453/aabfj.v8i2.7 University of Wollongong, School of Accounting and Finance unknown
spellingShingle Rusmin, Rusmin
Astami, Emita
Scully, Glennda
Local government units in Indonesia: Demographic attributes and differences in financial condition
title Local government units in Indonesia: Demographic attributes and differences in financial condition
title_full Local government units in Indonesia: Demographic attributes and differences in financial condition
title_fullStr Local government units in Indonesia: Demographic attributes and differences in financial condition
title_full_unstemmed Local government units in Indonesia: Demographic attributes and differences in financial condition
title_short Local government units in Indonesia: Demographic attributes and differences in financial condition
title_sort local government units in indonesia: demographic attributes and differences in financial condition
url http://hdl.handle.net/20.500.11937/51571