International Journal of Economic Research and Financial Accounting (IJERFA)

Analysis of Investor Behavior in Mutual Fund Investment Decision-Making Among Lecturers at Ichsan Sidenreng Rappang University

2026-06-04T03:21:17+00:00

This study aims to analyze the behavior of lecturers at Ichsan Sidenreng Rappang University in making mutual fund investment decisions, identify factors that influence investment decisions, and understand lecturers' perceptions of investment risks and benefits. The research uses a qualitative approach with phenomenological methods. The research informants consisted of five active lecturers who had or were investing in mutual funds and were selected through purposive sampling techniques. Data was collected through in-depth interviews and documentation, then analyzed using Miles and Huberman's interactive model which included data reduction, data presentation, and conclusion drawn. The results of the study show that mutual fund investment decisions for lecturers are influenced by initial knowledge, financial literacy, risk perception, ease of disbursement of funds, social media information, friend advice, and loss experience. Lecturers tend to do analysis before investing, but the analysis is not yet fully in-depth. These findings suggest that higher education levels do not necessarily guarantee completely rational investment decisions. The lecturer's investor behavior reflects a combination of rational considerations and psycho-social influences, so it is in line with the behavioral finance perspective that financial decisions are influenced by perceptions, emotions, experiences, and the social environment.

Analysis of The Implementation of the Village Financial System (Siskeudes) in Improving the Accountability of Village Financial Management

2026-06-28T02:58:30+00:00

Transparent and accountable village financial management is an important factor in realizing good village governance. Along with the increasing allocation of village funds from the central government, a system is needed that can support village financial management effectively and in accordance with applicable regulations. The Village Financial System ( Siskeudes ) is an application developed by the Financial and Development Supervisory Agency (BPKP) in collaboration with the Ministry of Home Affairs to assist village governments in the planning, budgeting, implementation, administration , reporting, and accountability of village finances. This study aims to analyze the implementation of the Village Financial System ( Siskeudes ) in improving the accountability of village financial management. The research method used is a literature study by reviewing various scientific journals, books, and laws and regulations relevant to village financial management. The results show that the implementation of Siskeudes can improve the quality of village financial management through more systematic transaction recording, faster and more accurate preparation of financial reports, and increased transparency in the use of village funds. In addition, Siskeudes also supports the monitoring and evaluation process by local governments and the community. However, the implementation of Siskeudes still faces several obstacles, such as limited human resource competency, a lack of technical training for village officials, and limited information technology infrastructure in some areas. Therefore, capacity building of village officials and adequate technological support are needed to ensure optimal and sustainable implementation of Siskeudes.

Analysis Of Strategies To Improve Umkm Participation In Local Government Procurement Of Goods And Services

2026-06-24T04:25:16+00:00

This study aims to analyze strategies to improve Micro, Small, and Medium Enterprise (MSME/UMKM) participation in local government procurement of goods and services. MSMEs have an important role in supporting regional economic growth, creating employment opportunities, and strengthening local business competitiveness. However, their involvement in government procurement remains limited due to several challenges, including low digital literacy, limited understanding of procurement procedures, weak administrative readiness, lack of access to information, limited product standardization, and difficulties in using electronic procurement platforms such as the local e-catalogue.

This study uses a qualitative descriptive approach to examine the barriers faced by MSMEs and identify strategic efforts that can increase their participation in local government procurement. Data may be collected through interviews, observation, and documentation involving MSME actors, local government procurement officials, and relevant agencies responsible for MSME development. The analysis focuses on procurement accessibility, institutional support, digital readiness, business capacity, and the effectiveness of local government policies in encouraging MSME participation.

Analysis Of The Financial Performance Of The Regional Government Based On The Independence Ratio, Effectiveness Ratio, And Efficiency Ratio In The City Of Surabaya

2026-06-24T04:22:42+00:00

This research aims to conduct an in-depth evaluation of the financial performance of the Surabaya City Government during the 2022–2024 fiscal period. Using a quantitative descriptive approach, the analysis is focused on secondary data sourced from the Budget Realization Report (LRA) and official regional financial statements. Fiscal performance measurement is mapped through five strategic indicators: effectiveness ratio, efficiency ratio, fiscal independence ratio, spending activity, and revenue and expenditure growth trends. In general, the financial governance of the Surabaya City Government is in the category of healthy and independent. Nevertheless, fluctuations in financial growth and the high dominance of operational spending are critical notes that require attention.

Analysis Of The Procurement Of Goods And Services In The City Of Medan Using The Value For Money Approach In 2024

2026-06-24T04:26:26+00:00

This study aims to analyze public procurement practices in the Medan City Government using the Value for Money (VfM) approach. Value for Money is a concept widely applied in the public sector to ensure that public resources are utilized economically, efficiently, and effectively. This study employs a qualitative approach through a literature review of academic journals, books, government regulations, and publications related to public procurement and public sector performance measurement. The findings indicate that the implementation of Value for Money in public procurement can improve budget efficiency, enhance service quality, strengthen accountability, and optimize public resource utilization. The study also highlights the importance of balancing cost, quality, and outcomes in procurement activities. Therefore, the Value for Money approach can serve as a strategic instrument for evaluating procurement performance and supporting good governance within the Medan City Government.

Analysis of Management Efficiency and Effectiveness Regional Finance to the Medan City Government

2026-06-24T04:24:00+00:00

This study aims to measure, analyze, and evaluate the level of efficiency and effectiveness of regional financial management in the Medan City Government. The approach adopted in this study is descriptive quantitative using the Regional Original Revenue (PAD) Effectiveness Ratio (Ratio) and Regional Financial Efficiency Ratio (REKD) instruments calculated based on the official Budget Realization Report (LRA) of the Medan City Government for the 2021 to 2025 fiscal year. The results of empirical secondary data analysis indicate that the average performance of Medan City's PAD effectiveness ratio falls into the Very Effective category (achieving an average of above 100%). The success in achieving this target is driven by the acceleration of the local tax system digitalization program, the non-cash payment ecosystem, and the expansion of the new tax object base. On the other hand, Medan City's aggregate regional financial efficiency ratio falls into the Less Efficient category with an average figure above 90%. This figure reflects the large allocation of the operating budget—particularly for personnel expenses and routine bureaucratic operations—which dominates the expenditure realization posture when compared to total regional revenue absorption. This study provides strategic policy implications in the form of the need for restructuring and reform of regional expenditure allocations, periodic efficiency audits, and expansion of Capital Expenditures that are more oriented towards long-term economic productivity to support fiscal sustainability in medan city.