Accountability of Village Fund Management in the Perspective of Agency Theory

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 10

Abstract

This study aims to determine how the role and understanding of village officials influence the accountability of village fund management. This study also wants to see agency problems in the accountability of village fund management. The results of this study are the role of village officials has a variable significance level of 0.03 0.05, which means that the role of village officials has a positive and significant effect on the accountability of village fund management. Furthermore, the understanding of village officials has a variable significance level of 0.02 0.05, which means that the understanding of village officials has a positive and significant effect on the accountability of village fund management. Based on the results of interviews with village officials, agency theory in village fund management is very important to ensure accountability and transparency or openness. The community as a principal must obtain clear information and have a role in supervision, while the village government as an agent is required to carry out its duties transparently and responsibly. With both formal and informal monitoring mechanisms in place, potential conflicts of interest and moral hazard issues can be minimised.

Authors and Affiliations

Intan Priliandani, Ni Made , Kristiantari, I Dewa Ayu , Pertiwi, I Dewa Ayu Eka,

Keywords

Related Articles

Developing the Voluntary Pension Fund at Enterprises in Vietnam from the Perspective of Employers

The paper studies the factors affecting the development of the voluntary pension fund system at enterprises from the employers' perspective. Through a survey of 37 enterprises, the paper clarifies employers' awareness of...

Aspects of Life Insurance Agents' Performance in Vietnam: A Study from the Impact of Customer-Oriented Behavior

This study examined the influence of life insurance agents' customer-oriented action research on aspects of agents' personal sales performance. In particular, the agent's performance is considered in terms of behavioral...

Analysis of Consumer Satisfaction Levels of More Beach Fish Culinary Smes, Gianyar

This study aims to analyze the level of customer satisfaction in Lesehan Yani, Pantai Lesehan, Gianyar based on direct evidence, reliability, responsiveness, assurance and empathy. This research is a quantitative researc...

Moderating Effect of Internet on Advertising and Performance of Small Business Enterprises in Nigeria

The extant literature showed that the relationship between advertising and the performance of small and medium enterprises (SMEs) is widely researched. However, there is a paucity of literature on the effect of different...

An Exploration of Investment Strategies within Zambia's National Pension Scheme Authority

As a critical state-owned enterprise administering billions in retirement assets, NAPSA's investment governance has substantial fiscal and welfare implications for Zambia. Investment strategies in government institutions...

Download PDF file
  • EP ID EP749508
  • DOI 10.47191/jefms/v7-i10-34
  • Views 30
  • Downloads 0

How To Cite

Intan Priliandani, Ni Made, Kristiantari, I Dewa Ayu, Pertiwi, I Dewa Ayu Eka, (2024). Accountability of Village Fund Management in the Perspective of Agency Theory. Journal of Economics, Finance and Management Studies, 7(10), -. https://europub.co.uk./articles/-A-749508