The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments

This study aims to examine the impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting within city government clusters in Indonesia. The population includes city governments recorded in the Ministry of Home Affairs. The samples were taken...

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Main Authors: Haryanto, Faisal, Agung Juliarto, Wahyu Meiranto
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2025-05-01
Series:Public and Municipal Finance
Subjects:
Online Access:https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/22099/PMF_2025_02_Haryanto.pdf
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author Haryanto
Faisal
Agung Juliarto
Wahyu Meiranto
author_facet Haryanto
Faisal
Agung Juliarto
Wahyu Meiranto
author_sort Haryanto
collection DOAJ
description This study aims to examine the impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting within city government clusters in Indonesia. The population includes city governments recorded in the Ministry of Home Affairs. The samples were taken from data on corporate social responsibility and budget surplus, as well as investment cash flow for the fiscal year 2023 and capital expenditure budget for 2024 in 81 city governments in Indonesia. Empirical findings indicate that corporate social responsibility negatively affects capital expenditure budgeting across all city government clusters. The impact of budget surplus varies. On the one side, budget surplus has a positive effect on capital expenditure budgeting in Cluster A (highest) and a negative impact on capital expenditure budgeting in Cluster C (lowest). Conversely, in Cluster B (middle), budget surplus does not affect capital expenditure budgeting. Similarly, investment cash flow positively affects capital expenditure budgeting in Cluster A and negatively affects capital expenditure budgeting in Cluster C. Meanwhile, in Cluster B, investment cash flow does not affect capital expenditure budgeting.
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id doaj-art-20b8c8e35a4442bfbce6ff13e519bf08
institution Kabale University
issn 2222-1867
2222-1875
language English
publishDate 2025-05-01
publisher LLC "CPC "Business Perspectives"
record_format Article
series Public and Municipal Finance
spelling doaj-art-20b8c8e35a4442bfbce6ff13e519bf082025-08-20T03:50:06ZengLLC "CPC "Business Perspectives"Public and Municipal Finance2222-18672222-18752025-05-01142294110.21511/pmf.14(2).2025.0322099The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governmentsHaryanto0https://orcid.org/0000-0002-3964-3076Faisal1https://orcid.org/0000-0002-4847-0306Agung Juliarto2https://orcid.org/0000-0001-6666-2814Wahyu Meiranto3https://orcid.org/0009-0004-7594-429XDr., Lecturer, Department of Accounting, Faculty of Economics and Business, Diponegoro University, IndonesiaProfessor in Accounting, Department of Accounting, Faculty of Economics and Business, Diponegoro University, IndonesiaLecturer, Department of Accounting, Faculty of Economics and Business, Diponegoro University, Indonesia Lecturer, Department of Accounting, Faculty of Economics and Business, Diponegoro University, IndonesiaThis study aims to examine the impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting within city government clusters in Indonesia. The population includes city governments recorded in the Ministry of Home Affairs. The samples were taken from data on corporate social responsibility and budget surplus, as well as investment cash flow for the fiscal year 2023 and capital expenditure budget for 2024 in 81 city governments in Indonesia. Empirical findings indicate that corporate social responsibility negatively affects capital expenditure budgeting across all city government clusters. The impact of budget surplus varies. On the one side, budget surplus has a positive effect on capital expenditure budgeting in Cluster A (highest) and a negative impact on capital expenditure budgeting in Cluster C (lowest). Conversely, in Cluster B (middle), budget surplus does not affect capital expenditure budgeting. Similarly, investment cash flow positively affects capital expenditure budgeting in Cluster A and negatively affects capital expenditure budgeting in Cluster C. Meanwhile, in Cluster B, investment cash flow does not affect capital expenditure budgeting.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/22099/PMF_2025_02_Haryanto.pdfbudget surpluscapital expenditure budgetingcity government clustercorporate social responsibilityinvestment cash flow
spellingShingle Haryanto
Faisal
Agung Juliarto
Wahyu Meiranto
The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments
Public and Municipal Finance
budget surplus
capital expenditure budgeting
city government cluster
corporate social responsibility
investment cash flow
title The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments
title_full The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments
title_fullStr The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments
title_full_unstemmed The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments
title_short The impact of corporate social responsibility, budget surplus, and investment cash flow on capital expenditure budgeting of Indonesian city governments
title_sort impact of corporate social responsibility budget surplus and investment cash flow on capital expenditure budgeting of indonesian city governments
topic budget surplus
capital expenditure budgeting
city government cluster
corporate social responsibility
investment cash flow
url https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/22099/PMF_2025_02_Haryanto.pdf
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