Fund Governance Research Articles

Hierarchical Governance and School Operational Fund Allocation for Educational Quality: A Bibliometric Analysis of SDGs 4 Implementation

Objective: This study aims to analyze the development of research related to the topic of "Hierarchical Governance" and its implications for managing school operational funds as one way to improve the quality of education, in line with the implementation of Sustainable Development Goals (SDGs) 4. Method: This study uses a qualitative method with a bibliometric analysis approach. The data used are secondary data with the theme "Hierarchical Governance" which comes from the Dimension database with a total of 181 journal articles. Then, the data is processed and analyzed using the VosViewer application to find out the bibliometric map of the development of "Hierarchical Governance" research in the world. Results and Discussion: The results of the study found that in bibliometric author mapping the authors who published the most research with the theme "Hierarchical Governance" were Rangoni B; Chobotová V; Meuleman L: David P; He Y; Kwon S; Howlett M; Collins R; Wang H; Gao Y; and Ito T. Furthermore, based on bibliometric keyword mapping, there are 5 relevant clusters, namely Metagovernance and Hierarchical Governance, Company and Hierarchical Governance, Transaction Cost Economics (TCE) Model and Hierarchical Governance, Pandemic Response Coordination and Hierarchical Governance, and Governance Mechanism Performance and Hierarchical Governance. Research Implications: Furthermore, the most widely used keywords are hierarchy, market, country, firm, development, relationship, uncertainty, and company, illustrating the relationship between hierarchical governance and various contexts. Originality/Value: These findings provide important insights into developing more effective hierarchical governance, especially in optimizing school distribution and operations. This is useful for supporting the improvement of the quality of inclusive and equitable education by the SDG 4 target.

Research on quantitative evaluation of medical insurance fraud supervision policy based on ‘Antecedents-Process-Outcomes’ framework

Fraud in medical insurance is a serious problem that threatens the safety and sustainability of medical insurance funds. The process of reducing or even eliminating the impact of fraud is related to maintaining the balance of payments for medical insurance funds and reforming the payment system based on total amount control. As a result of reviewing the policy background of medical insurance fraud in China, combined with the policy evaluation model in the area of public management, this paper develops a conceptual framework of ’Antecedents-Process-Outcomes’ that emphasizes the fraud and governance of medical insurance funds. This paper uses grounded theory to look at 180 cases of medical insurance fraud and then uses the PMC index model to rate 18 policies. It then looks at the joint progressive analysis framework of medical insurance fraud and fraud supervision. In this paper, we analyze the policy similarities and differences of medical insurance fraud supervision in China from three perspectives: policy attributes, policy contents, and policy effects. The average PMC index of the 18 policies is 4.98, which is generally acceptable; however, there are some deficiencies in the policy field, policy supervision chain, policy orientation, and policy tools. Then, it puts forward suggestions for improving the four policy shortcomings in order to provide theoretical and practical enlightenment for the high-quality development of the medical security system and realize the new medical security in the process of Chinese-style modernization.

Information Asymmetry in the European Funds Market: Impact on Resource Allocation and Sustainable Development

The European Funds market is a key mechanism for fostering regional development and economic growth within the European Union, yet its efficiency can be undermined by information asymmetry, which complicates fund absorption processes. This paper investigates the European Funds market and explores how adverse selection and moral hazard impact the dynamics of the fund allocation. Through qualitative research, the authors assess the European Funds market, identify its key stakeholders, and explore factors influencing funds absorption. Findings reveal complex interactions among European Union institutions, managing authorities, beneficiaries, and consultants. The research highlights economic, administrative, institutional, and social factors that affect fund absorption rates and pinpoint adverse selection and moral hazard as primary consequences of information asymmetry in the European Funds market. By emphasizing the importance of effective communication processes and describing the experiences of various actors in European-funded projects, the study provides actionable insights for policymakers and stakeholders. This paper offers a new perspective on the European Funds market and links information asymmetry to inefficiencies in fund allocation. These findings contribute to a better understanding of the European Funds market, fostering transparency, enhancing institutional capacities, and promoting sustainability in the governance of public funds.

Leveraging Qardhul Hasan Practices from Zakat Funds for Sustainable Development: a Maqasid Sharia Perspective and Its Contribution to SDGs in Malaysia

Objective: This study aims to examine the implementation of qardhul hasan from zakat funds within the framework of maqasid sharia, focusing on its potential contributions to sustainable development, particularly in relation to the achievement of the Sustainable Development Goals (SDGs). Specifically, the study explores how zakat funds, when used for qardhul hasan, can contribute to SDGs related to poverty alleviation, economic inclusion, and social justice in Malaysia. Theoretical Framework: This research applies Islamic finance theory, particularly maqasid sharia, in the context of zakat fund distribution. Maqasid sharia emphasizes the protection and welfare of the community, aligning with the principles of sustainable development. The theory of sustainable development is linked to Islamic financial practices, particularly in how qardhul hasan can serve as a tool for economic empowerment and social equity. Method: A qualitative research approach is employed in this study, utilizing content analysis and semi-structured interviews. Data are collected from various sources, including academic journals, articles, and reports on zakat fund practices in Malaysia. The study evaluates the governance of zakat funds, specifically focusing on the implementation of qardhul hasan as a sustainable financial instrument. Results and Discussion: The study finds that qardhul hasan, when implemented effectively with maqasid sharia principles, can play a crucial role in promoting sustainable development by contributing to poverty alleviation, economic empowerment, and social inclusion. However, challenges remain in the implementation process, including the lack of standardized guidelines for zakat fund governance and the need for greater awareness among stakeholders regarding the potential of qardhul hasan. The study emphasizes the importance of clear governance frameworks and strong partnerships between the government, religious institutions, and the community in ensuring the effectiveness of zakat fund distribution. Research Implications: This research offers practical recommendations for policy makers and practitioners in Islamic finance to enhance the governance of zakat funds. It suggests improving transparency, establishing clear parameters for qardhul hasan, and raising awareness about the role of zakat in achieving SDGs. Collaboration among various stakeholders is essential for maximizing the social and economic benefits of zakat funds. Originality/Value: The originality of this study lies in its exploration of qardhul hasan as a tool for sustainable development, offering insights into its role in advancing the SDGs, particularly in the Malaysian context. This study contributes to the literature on Islamic finance and sustainable development, providing a model for integrating maqasid sharia into zakat fund governance to support sustainable and inclusive societies.

“Where you stand depends on where you sit”: The politics of petroleum pricing in Ghana's election cycle

AbstractThis study examines how fuel pricing in Ghana has been used as a political tool to win votes and the government's role in this process. Applying Mile's Law, it explores post‐truth theory through content analysis of secondary data and interviews with energy experts. The findings indicate that political parties gain significant political leverage by promising lower fuel prices during campaigns but fail to deliver once in office. The government's influence on fuel pricing is minimal, largely due to factors beyond its control. To stabilize fuel prices, the study recommends improving fiscal and economic performance to combat currency instability and educating the public on the factors influencing fuel pricing to prevent misinformation.Related ArticlesAsiegbu, Martin F., Okey Marcellus Ikeanyibe, Pius Otu Abang, Okwudili Chukwuma Nwosu, and Chuka Eugene Ugwu. 2024. “Natural Resource Fund Governance and the Institutionalization of Rent Seeking in Nigeria's Oil Sector.” Politics & Policy 52(1): 169–95. https://doi.org/10.1111/polp.12579.Ayanoore, Ishmael, and Sam Hickey. 2022. “Reframing the Politics of Natural Resource Governance in Africa: Insights from the Local Content Legislation Process in Ghana.” Politics & Policy 50(1): 119–36. https://doi.org/10.1111/polp.12449.Kuyini Mohammed, Abdulai. 2013. “Civic Engagement in Public Policy Making: Fad or Reality in Ghana?” Politics & Policy 41(1): 117–52. https://doi.org/10.1111/polp.12003.

Legal Transformation of a Public Tertiary Institution: Turnaround and Public Interest of the Ghana Institute of Management and Public Administration (GIMPA)

Abstract Just over a decade ago, public tertiary institutions depended on the government for funding and received instructions on running their day-to-day affairs from the state. Recently, GIMPA a public tertiary institution deployed legal options to gain autonomy to stabilize its financial performance and service delivery. This article updates the progress that has since been made in understanding the reversal of the stressful financial situation of the institute through the lens of the existing legal framework. Further, the paper examined an ambitious organizational structure dwelling on a robust legal framework to redirect management policies, rules, regulations, and functional decisions of a public tertiary institution serving public management and public administration training and consultancy. Termed “legal framework,” this set of legal instruments is cultivated into efficient and effective operations that yield financial stability that ensures growth and is trajected towards national development.

PELATIHAN AKUNTANSI PERANGKAT DESA GUNA PENINGKATAN KETERAMPILAN PENGELOLAAN KEUANGAN DI DESA KADUAGUNG BARAT, BANTEN

Village funds are a form of government attention in providing opportunities to villages as an effort to maintain their potential. The use of village funds is directed at financing development and community empowerment with the aim of improving the welfare of village communities, the quality of human life and overcoming poverty. However, the amount of village funds needs to be balanced with increasing the capacity of Human Resources, namely village officials as managers of village funds. The low quality of Human Resources will ultimately give rise to community concerns regarding the management of village funds whose placement is used for other things that are not in accordance with the initial objectives. The aim of this Community Service activity is to provide training to partners, in this case Kaduanggung village officials, Banten, especially regarding: (1) Understanding accounting concepts, especially regarding village funds, and (2) Understanding the importance of transparency in financial management . This service activity is planned as an ongoing program, so that at the end of the assistance it is hoped that village officials will have full awareness regarding accounting records in managing village funds, and have records that are in accordance with accounting principles. Apart from that, to realize healthy village fund governance, active community participation is needed in carrying out supervision. The implementation of this service consists of several stages of activities, namely socialization, consultation and mentoring, formation of a village finance team, to ongoing evaluation and monitoring. The feedback and evaluation carried out is in the form of ongoing monitoring related to the recording carried out in the use of village funds.

PELATIHAN AKUNTANSI PERANGKAT DESA GUNA PENINGKATAN KETERAMPILAN PENGELOLAAN KEUANGAN DI DESA KADUAGUNG BARAT, BANTEN

Village funds are a form of government attention in providing opportunities to villages as an effort to maintain their potential. The use of village funds is directed at financing development and community empowerment with the aim of improving the welfare of village communities, the quality of human life and overcoming poverty. However, the amount of village funds needs to be balanced with increasing the capacity of Human Resources, namely village officials as managers of village funds. The low quality of Human Resources will ultimately give rise to community concerns regarding the management of village funds whose placement is used for other things that are not in accordance with the initial objectives. The aim of this Community Service activity is to provide training to partners, in this case Kaduanggung village officials, Banten, especially regarding: (1) Understanding accounting concepts, especially regarding village funds, and (2) Understanding the importance of transparency in financial management . This service activity is planned as an ongoing program, so that at the end of the assistance it is hoped that village officials will have full awareness regarding accounting records in managing village funds, and have records that are in accordance with accounting principles. Apart from that, to realize healthy village fund governance, active community participation is needed in carrying out supervision. The implementation of this service consists of several stages of activities, namely socialization, consultation and mentoring, formation of a village finance team, to ongoing evaluation and monitoring. The feedback and evaluation carried out is in the form of ongoing monitoring related to the recording carried out in the use of village funds.

Coastal urban flood risk management: Challenges and opportunities − A systematic review

Coastal urban flood risk management: Challenges and opportunities − A systematic review

Development of integrated village fund governance model with siberas public service application

Development of integrated village fund governance model with siberas public service application

Analysis Of The Role Of Internal Control And School Committees In Managing School Operational Assistance Funds (Bos) On The Operational Performance Of Sdn Lubang Buaya 05

This study analyzes the role of internal control and the school committee in the management of the School Operational Assistance Fund (BOS) and its impact on operational performance at SDN Lubang Buaya 05 The background of this study is based on the importance of education as a key element in the progress of the nation and the challenges of managing BOS funds, which often face obstacles of fraud and non-transparency. This study examines the conformity of BOS fund management with the prevailing regulations (Permendikbud No. 63 of 2022) as well as the monitoring and reporting mechanisms implemented. The results show that strong internal controls and the active role of school committees in overseeing BOS funds can improve the effectiveness and efficiency of the use of funds and reduce the risk of fraud. This study also identified internal and external factors that influence the effectiveness of internal control in achieving operational performance. The findings provide recommendations for improving the governance and supervision of BOS funds in primary schools.

The role of governance and infrastructure in moderating the effect of resource rents on economic growth

AbstractThis study investigates how governance and infrastructure moderate the effect of natural resource rents on economic growth using a sample of 110 countries from 2000 to 2018. The empirical evidence is based on panel smooth transition regressions (PSTR). The nexus between economic growth and natural resources is not linear and the underlying non‐linearity is contingent on existing infrastructural and governance levels. Evidence of a “natural resource curse” is apparent in countries with extremely low levels of governance and infrastructural development. The favorable effect of natural resources on economic growth requires a governance threshold of −1.210 and an infrastructure threshold of 2.583, indicating that countries with governance and infrastructure levels higher than these values tend to benefit much more from the wealth of natural resources. Countries identified below the established thresholds are mainly from Africa. Policy implications are discussed with specific emphasis on African countries.Related ArticlesAli, Hamid E., and Shahjahan Bhuiyan. 2022. “Governance, Natural Resources Rent, and Infrastructure Development: Evidence from the Middle East and North Africa.” Politics & Policy 50(2): 408–40. https://doi.org/10.1111/polp.12451.Asiegbu, Martin F., Okey Marcellus Ikeanyibe, Pius Otu Abang, Okwudili Chukwuma Nwosu, and Chuka Eugene Ugwu. 2024. “Natural Resource Fund Governance and the Institutionalization of Rent Seeking in Nigeria's Oil Sector.” Politics & Policy 52(1): 169–95. https://doi.org/10.1111/polp.12579.Ikeanyibe, Okechukwu M. 2018. “Bureaucratic Politics and the Implementation of Liberalization Reforms in Nigeria: A Study of the Unbundling and Reorganization of the Nigerian National Petroleum Corporation.” Politics & Policy 46(2): 263–94. https://doi.org/10.1111/polp.12249.

Microfinance Institutions and Corporate Social Responsibility. A scientometric study

This study investigates the integration of Corporate Social Responsibility (CSR) within Microfinance Institutions (MFIs) in relation to Sustainable Development Goals. Through a Systematic Literature Review (SLR) and bibliometric analysis of 281 Scopus-indexed articles from January 1999 to November 2023, we delineate seven essential thematic clusters that define the CSR paradigm in MFIs: performance dimensions, balanced social and financial goals, improved social performance, qualitative perspectives, mission drift determinants, environmental sustainability, and funding sources and lending techniques. The study uncovers emerging research areas including the impact of digital-fintech innovations, climate change adaptations, the rise of Islamic microfinance, and explores significant gaps such as internationalization, corporate governance, gender diversity, and alternative funding mechanisms. These insights are pivotal for framing future research and offer critical guidance for policymakers and practitioners aiming to maximize the societal impacts of MFIs. Our analysis not only maps the current landscape but also sets a comprehensive agenda for enhancing CSR’s role in achieving sustainable development, thus providing a strategic framework for ongoing empirical and theoretical advancements.

Effects of Tax Reform for Acceleration and Inclusion (TRAIN) Law Implementation Among Jeepney Drivers: Basis for Crafting a Financial Plan

Tax Reform for Acceleration and Inclusion (TRAIN) Law aspires to develop a tax system that is simpler, more just, more effective, and more efficient in order to fund government goals and initiatives. This study sought to answer the following: 1)The demographic profile of jeepney drivers in terms of: 1.1Age, 1.2Gender, 1.3Civil Status, and 1.4Number of family members. 2)The perceived effects of TRAIN Law among Jeepney Drivers in terms of: 2.1Income, and 2.2Expenses. 3)Significant difference on the perceived effects of Tax Reform for Acceleration and Inclusion (TRAIN) Law affecting the Jeepney Drivers when grouped according to their demographic profile. 4)The proposed financial plan for Jeepney Drivers. This quantitative study, a descriptive form, focused and assessed the effects of TRAIN law implementation on their financial aspects, notably their income and expenses. Purposive sampling was used to collect data from seventy-five (75) jeepney drivers who own and operate traditional jeepneys in San Jose Del Monte, Bulacan. The proposal of implementing a higher excise tax and a lower income tax to balance the tax flow is only favorable for just a few, but not for jeepney drivers. The researchers recommend the jeepney drivers to consider the financial plan provided, and the LGUs to conduct seminars on proper budgeting.

Exploring Artificial Intelligence as a Remedy to the Heavy Teaching Workloads Caused by Massification of Ugandan Public Universities

Universities worldwide, particularly public universities in Uganda are facing a dilemma in which their massification has far outstripped the growth of their academic service delivery capacity, especially their actual teaching staff size. Consequently, most lecturers are struggling with heavy teaching workloads resulting from large class sizes of 100 to 300 or more students created by massification per course unit, especially at the undergraduate level. These workloads have overstretched most lecturers’ ability to teach effectively and limited their career growth by keeping them too busy to conduct research and participate in community service. The dilemma is faced at the time when Industry 4.0 has developed Artificial Intelligence (AI), which can execute different tasks, including teaching tasks in much the same way as human beings perform them. Drawing on the AI job replacement theory complemented by UTAUT and TOE, this study employed a cross-sectional questionnaire survey involving 325 respondents (deans, heads of department [HODs] and lecturers) randomly selected from five randomly selected public universities to analyse awareness of the teaching tasks AI can execute to reduce faculty members’ workload without replacing them, acceptance of AI to perform these tasks, and hindrances to its adoption. Findings from the descriptive analysis indicate that at least 74% of the deans, HODs, and lecturers were highly aware of the teaching tasks AI can perform. Most of these respondents accept AI to perform such teaching tasks that do not involve a human touch as an online search for research and lecture content, lecture dictation, student assessment and evaluation, and grading of marks. They, however, did not accept AI to execute teaching tasks that involve the human touch such as lecture planning, facilitating tutorials and discussions, assessing students’ interpersonal weaknesses that affect learning, and feedback provision. These findings allude to a need to adopt AI to execute only the teaching tasks it is accepted to perform and leave to the lecturers all the tasks they do not accept to perform. Adopting AI this way is bound to relieve the teaching workload allocated to lecturers as massification intensifies. The findings indicate, however, that AI adoption is hindered by different factors, including lack of strategic, ethical, and policy guidelines, and lack of funds and skills required to operate it. These findings point to a need for the management of Uganda’s public universities to adopt AI by lobbying the government for more funding, mobilizing necessary funds internally, training faculty members in using AI, and encouraging all of them to accept it by explaining the role it is capable of playing in reducing workloads and erasing their fear that AI could replace them

Improving the system evaluating the quality of governance and effective use of budget funds

The purpose of the study is to create proposals and recommendations to improve the system evaluating the quality of governance and efficient use of budget funds in order to improve public welfare and sustainable development. The research methodology included application of statistical methods to review scientific articles, legislative acts and other documents, study models for evaluating the quality of governance and efficient use of budget funds. Mathematical modeling and forecasting methods were also used to assess aspects of governance and predict the results when changes are made, including building a trend model and determining the forecast values of accrued taxes and mandatory payments for 2024–2026. The conclusions highlight there is a positive correlation between the accrued taxes and mandatory payments to the budget of the Republic of Kazakhstan, and an economic growth and changes in tax legislation. The key factors influencing the quality of governance and efficient use of budget funds were identified. Recommendations were developed to improve the quality assessment system and governance of budget funds in order to increase efficiency and responsibility in financial management. The results of the study can be used by public administration bodies and financial institutions to optimize the governance of budget funds.

Analisis Manajemen Pada Pemanfaatan Dana Mushola Jauharul Wathan Rt. 07 Kelurahan Mayang Mangurai

This research aims to analyze management in the utilization of funds from the Jauharul Wathan Prayer Room in the RT. 07 Mayang Mangurai Village. Research was conducted to understand how these funds are managed and used to support religious and social activities in the environment. The method used is a case study with a qualitative approach through in-depth interviews and direct observation of the fund management process. The research results show that the management of the funds of the Jauharul Wathan Prayer Room is influenced by factors such as transparency, accountability and community participation in decision making. The implication of this research is the importance of improving fund governance to ensure better efficiency and effectiveness in the use of funds.

Globalization, Competition and the Transformation of German Universities since the 1970s

Abstract Responding to the perceived challenges of globalization, German politicians have sought to transform German universities into competitive ‘entrepreneurial universities’. Based on archival material from six German universities, this article shows how reforms of university governance and new modes of funding have changed power relations within universities as well as within the German scientific community. Even though the breakthrough of ‘New Public Management’ must be situated in the 1990s, some causes of these transformations can be traced back to the 1970s, when the end of the postwar boom, educational expansion and discontent with the democratization of universities gave rise to new visions of the university’s role in society. Even though neoliberal ideas did play a part in the transformation of German universities, this process was more complex than the often-used label ‘neoliberal university’ suggests. International comparisons are applied to assess the scope of change and to highlight some of the peculiarities of the German developments.

Application of the Artificial Neural Network Algorithm to Predict the Realization of the Duty Tax on the Name of Motor Vehicles in Lampung Province

Regional taxes, specifically the Motor Vehicle Name Return Tax (BBNKB), provide the primary source of revenue for regions from the several forms of taxes. The BBNKB tax is crucial in funding government and regional development due to its significant annual growth, encompassing four-wheeled and two-wheeled vehicles. Furthermore, the BBNKB tax catalyzes regional economic expansion and significantly contributes to the government's income. Hence, predicting and forecasting the BBNKB Tax in Lampung Province is necessary to monitor future tax rate fluctuations. That will enable the government to devise innovative tax payment systems and establish tax revenue targets. This study utilizes the Artificial Neural Network (ANN) methodology, using many approaches for distributing training and testing data to forecast. In addition, we utilize hyper-tuning on several factors to obtain the most favourable configurations. The ideal model achieved has a training data allocation of 80% and a testing data allocation of 20%. It was trained for 50 epochs and used a batch size of 16. The model has exceptional predictability, attaining an accuracy rating of 96.51%. Additionally, it showcases a low Root Mean Square Error (RMSE) of 0.246 and a minimal Mean Absolute Percentage Error (MAPE) score of 3.48%. Therefore, it is appropriate to predict the next two-year term. As a result, the forecast for the amount of tax collected from motor vehicle name returns in Lampung has fluctuated.

Unveiling the Impact of Good Corporate Governance and Temporary Shirkah Funds on Maqashid Shariah Performance

This study investigates the influence of Good Corporate Governance (GCG) and Temporary Shirkah Fund (TSF) on the performance of Maqashid Shariah in Islamic banks in Indonesia from 2018 to 2023. Using secondary data analysis, the study employs regression analysis to test the hypotheses. The findings reveal that neither Good Corporate Governance nor TSF significantly affects the performance of Maqashid Shariah during the study period. These results are consistent with previous research indicating a lack of significant impact Good Corporate Governance and TSF on Maqashid Shariah performance in Islamic banks. The discussion suggests that the implementation of Good corporate governance may not directly translate into improved Maqashid Shariah performance due to potential misalignment between governance practices and Shariah principles. Moreover, the study highlights the importance of further research and enhanced implementation of Good Corporate Governance and TSF practices to promote the achievement of Maqashid Shariah objectives in Islamic banking institutions. This research contributes to the ongoing discourse on corporate governance and Shariah compliance in Islamic finance and provides insights for policymakers, regulators, and practitioners aiming to strengthen governance frameworks and enhance Shariah-based performance in Islamic banks