Handayani, Erna and Sholihin, Mahfud and Pratolo, Suryo and Rahmawati, Alni (2023) Distribution of Income Diversification on Financial Sustainability of Indonesian Private Universities; Empirical Studies. Journal of Distribution Science, 21 (3). 71 – 82. ISSN 17383110
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Abstract
This study examines the distribution of income diversification in improving the financial sustainability of private universities amidst difficulties in operational funding during the Covid-19 pandemic with IT Capability moderation. Research design, data and methodology: Closed survey aimed at 468 financial sector leaders from 189 private universities in ten provinces in Indonesia. Results: All income diversification activity variables have a significant positive effect on financial sustainability. In the analysis of liquidity indicators, there are two activities that have a significant positive effect, namely goods and services (β=0.337) and profitable financial management (β=0.124). Furthermore, the results of the solvency indicator test obtained significant positive results in Goods and Services Activities (β=0.337), Commercial Intellectuals (β=0.161), Commercial Contracts (β=0.103), and Profitable Financial Management (β=0.147). The results of the test of higher education growth indicators on three activities have a significant positive effect, namely Goods and Services (β = 0.290), Endowments (β = 0.158), and Commercial Contracts (β = 0.134). The results of the moderation test conclude that IT Capability strengthens the effect of income diversification on financial sustainability. Conclusion: The results of the study as a recommendation for private universities in developing income diversification with information system technology-based management © This is an Open Access article distributed under the terms of the Creative Commons. Attribution Non-Commercial License (http://Creativecommons.org/licenses/by-nc/4.0/) permits unrestricted noncommercial use, distribution, and reproduction in any medium, provided the original work is properly cited
Item Type: | Article |
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Additional Information: | Cited by: 1 |
Uncontrolled Keywords: | Financial sustainability, Income Diversification, IT Capability, Higher Education, Financial Sustainability Instruments, Distribution |
Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Economics & Business > Doctoral Program in Accounting, Economics, and Management |
Depositing User: | Rini Widarti Widarti |
Date Deposited: | 29 May 2024 07:53 |
Last Modified: | 29 May 2024 07:53 |
URI: | https://ir.lib.ugm.ac.id/id/eprint/2355 |