The Planning-Implementation-Reporting Gap of the Regional Development Accountability in Indonesia from Principal-Agent Theory

Wajdy, Muhammad Faried and Warsono, Hardi and Widiartanto, Widiartanto and Yuwono, Teguh and Atdiwaluyo, Setyo (2021) The Planning-Implementation-Reporting Gap of the Regional Development Accountability in Indonesia from Principal-Agent Theory. In: ICISPE 2020, 9-10 October 2020, Semarang, Indonesia.

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Abstract

This research analyzes the dynamics of regional planning process in the framework of principal-agent theory. The primary purpose of public sector reform is a successfully implemented public accountability. In order to achieve the purpose, planning policy formulation plays a crucial role in a public institution. At the regional level, development planning is a process-oriented activity that exerts technocratic, political, participatory, top-down, and bottom-up approaches. However, moral hazard may occur in the planning process owing to information asymmetry. This paper identifies the actors involved in regional development planning, each of whom plays a role as a trustee (principal) and recipient of the mandate (agent). The output of principal-agent relationship mapping indicates that information asymmetry still prevails. The absence of reporting procedure and agent-to-principal liability mechanism demonstrates that the accountability of regional development planning has not been well conceptualized.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: accountability development planning principal-agent
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 10 May 2021 09:53
Last Modified: 10 May 2021 09:53
URI: https://eprints.eudl.eu/id/eprint/3144

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