Electronic Theses and Dissertation

DETERMINANTS OF FINANCIAL SUSTAINABLITY
LOCAL GOVERNMENTS IN ACEH


By: Syahriyal
NPM: 2101203010003

Supervisors: 1. Dr. Syukriy Abdullah, S.E, M.Si, Ak.
2. Dr. Rita Meutia, S.E, Ak, M.Si.


ABSTRACT
This study aims to determine the effect of financial independence, financial
efficiency, and budget solvency on financial sustainability local governments in
Aceh. The results of this study are important to provide local governments to set
appropriate policies for financial sustainability. The study was conducted on 23
local governments in Aceh with data analysis used is panel data regression with
Eviews version 12. The data was taken from the local government's audited
financial reports for the 2017-2021 period. This study uses revenue surplus in the
operational report to measure financial sustainability. The results showed that
financial independence has no effect on financial sustainability, financial efficiency
has a positive effect on financial sustainability, and budget solvency has a positive
effect on financial sustainability.
Keywords: Financial Independence; Financial Efficiency; Budget Solvency;

Financial Sustainability; Local Government.

DETERMINAN FINANCIAL SUSTAINABLITY PEMERINTAH DAERAH DI ACEH Oleh: Syahriyal NPM: 2101203010003 Pembimbing: 1. Dr. Syukriy Abdullah, S.E, M.Si, Ak. 2. Dr. Rita Meutia, S.E, Ak, M.Si. ABSTRAK Penelitian ini bertujuan untuk mengetahui pengaruh kemandirian keuangan, efisiensi keuangan, dan solvabilitas anggaran terhadap financial sustainability pemerintah daerah di Aceh. Hasil penelitian ini penting untuk menjadi masukan bagi pemerintah daerah dalam membuat kebijakan yang tepat sehingga mendorong financial sustainability. Penelitian ini dilakukan pada 23 pemerintah daerah di Aceh menggunakan metode analisis regresi data panel dengan bantuan program Eviews versi 12. Data tersebut diambil dari laporan keuangan audited pemerintah daerah periode 2017-2021. Penelitian ini menggunakan surplus pendapatan pada laporan operasional untuk mengukur financial sustainability. Hasil penelitian menunjukkan bahwa kemandirian keuangan tidak berpengaruh terhadap financial sustainability, efisiensi keuangan berpengaruh positif terhadap financial sustainability, dan solvabilitas anggaran berpengaruh positif terhadap financial sustainability. Kata Kunci: Kemandirian Keuangan; Efisiensi Keuangan; Solvabilitas Anggaran; Financial Sustainability; Pemerintah Daerah.