Value for Money: Analysis of Financial Performance of Bekasi Regency Local Government
Roy Budiharjo, Elok Kurniawati, Yulis Diana Alfia
Asian Journal of Economics, Business and Accounting · pp. 92–97 · Published 13 Jan 2024
10.9734/ajeba/2024/v24i21223Abstract
This study aims to determine and analyze financial performance using the value for money method from the Bekasi regency local government. This type of research is quantitative and descriptive. The data used is secondary data. Data collection techniques use literature and documentation. The data analysis used is quantitative analysis using the value for money method based on three elements, namely economy, efficiency, and effectiveness. The results of the study show that the financial performance of Bekasi Regency from 2020 to 2022 in terms of economic measurement is considered good; in terms of efficiency measurement, it is considered on average good for 2020, 2021, and 2022, while in terms of measuring effectiveness, in 2020 and 2021 it is considered not good, and in 2022 it is categorized as effective because the effectiveness ratio is more than 100%.
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