Transparency of Financial Reports of Local Government Hospitals in Indonesia

Margaretha Anggreni Loi, Sri Pujiningsih and Endang Sri Andayani
Additional contact information
Margaretha Anggreni Loi: State University of Malang, Malang, Indonesia
Sri Pujiningsih: State University of Malang, Malang, Indonesia
Endang Sri Andayani: State University of Malang, Malang, Indonesia

Oblik i finansi, 2024, issue 4, 150-158

Abstract: Due to factors such as conflict of interest, high levels of corruption, high political competition, and lack of open access to financial reports, the transparency of local government hospitals' financial reports remains low. This study aims to analyze the factors that influence the transparency of financial reports of local government hospitals in Indonesia. The study's population is the Local Public Service Agency (BLUD) Hospitals in Indonesia, registered on the Ministry of Health's Hospital Information System's official website for 2019-2021. The data used for analyses is secondary data obtained from the official website of each local government hospital. The study's dependent variable is the transparency of financial statements of local government hospitals in Indonesia as measured by the disclosure of financial statements to the public through their respective websites. Transparency is assessed based on Government Regulation No. 71 of 2010 concerning Government Accounting Standards, which requires local governments to present seven financial reports. The independent variables in this study are the quality of financial statements, hospital size, hospital type, gender of hospital head, and gender of the supervisory board. This study uses the logistic regression analysis method. The results of this study indicate that the quality of financial statements and hospital size significantly improve the transparency of financial reports of local government hospitals in Indonesia. At the same time, factors such as the type of hospital and the gender of the supervisory board did not show a significant effect. In addition, the gender of the hospital head has a significant negative effect on the transparency of financial reports of local government hospitals in Indonesia. Local governments can use this study's findings to improve supervision and help local government hospitals comply with regulations related to financial statement disclosure.

Keywords: transparency; local government hospitals; financial statements; gender diversity; agency theory; legitimacy theory (search for similar items in EconPapers)
JEL-codes: H70 H75 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.afj.org.ua/pdf/1115-prozorist-finansovi ... aren-v-indonezii.pdf (application/pdf)
http://www.afj.org.ua/en/article/1115/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iaf:journl:y:2024:i:4:p:150-158

DOI: 10.33146/2307-9878-2024-4(106)-150-158

Access Statistics for this article

Oblik i finansi is currently edited by Valeriy Zhuk

More articles in Oblik i finansi from Institute of Accounting and Finance Contact information at EDIRC.
Bibliographic data for series maintained by Serhiy Ostapchuk ().