Kebijakan Fiskal dan Struktur Belanja Dalam Optimalisasi Pengelolaan APBD - Bukti Empiris Kabupaten Sukoharjo
DOI:
https://doi.org/10.30587/jurnalmanajerial.v13i03.12525Keywords:
APBD, spending, fiscal policy, optimization APBD managementAbstract
Background – The optimization of the management of the Regional Revenue and Expenditure Budget (APBD) is not only determined by the ability of local governments to realize revenue and expenditure, but also the quality of the expenditure structure and fiscal policies. In Sukoharjo Regency, revenue realization is relatively strong, but the expenditure structure is still dominated by operational expenditure, while capital expenditure is relatively small.
Aim – This study aims to analyze the influence of operational expenditures, capital expenditures, and other expenditures on the optimization of APBD management and test the role of fiscal policy as a moderation variable.
Design/ Methodology/ Approach – The study used a quantitative approach with Sukoharjo Regency monthly APBD data for the 2020–2025 period. All observations were used as samples through census techniques. The test was carried out using Partial Least Squares (PLS) through the analysis of multicollinearity, determination coefficients, path coefficients, significance, and interaction effects.
Findings – Operational expenditure and other expenditure have a negative and significant effect on the optimization of APBD management, while capital expenditure and fiscal policy have a positive and significant effect. Fiscal policy also moderates the influence of the three expenditure components on the optimization of APBD management. The model has a very strong explanatory ability with an adjusted R² of 0.944.
Research Implications – Improving the quality of investment through capital expenditure, tightening the evaluation of other expenses, and strengthening performance-based budgeting, spending review, and monitoring of outputs and outcomes.
Limitations – The research only uses Sukoharjo Regency, so generalizations need to be made carefully. The model does not include institutional, technological, human resources, leadership, internal control, and budget politics.
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