Jati: Jurnal Akuntansi Terapan Indonesia

Navigating Financial Uncertainty: Hospital Cost Strategies During the Initial COVID-19 Outbreak in Indonesia

Sri Ningsih — 2025-09-09

The COVID-19 pandemic revealed fundamental weaknesses in healthcare financing systems, particularly in developing countries like Indonesia. Public hospitals faced significant challenges in sustaining operations due to changes in reimbursement policies and the increasing complexity of services, while simultaneously relying on government funding. The absence of a stable and adaptive payment mechanism during the pandemic led to prolonged financial uncertainty. This study examines the financial strategies public hospitals adopt to maintain operational continuity amid changes in the reimbursement scheme for COVID-19 patients. The research was conducted at Universitas Airlangga Hospital using 547 COVID-19 patient claim records and interviews with the hospital's financial manager, which were analyzed through descriptive methods. The findings indicate that hospitals utilized strategies based on internal resources, such as cost reallocation, improved coordination, and integration between medical service units and financial departments, in response to external regulatory pressures. Collaboration between clinical and administrative teams improved cost control and operational resilience during the transition period of payment systems. This study emphasizes the importance of utilizing internal hospital capabilities, including financial systems, governance structures, and interdepartmental synergy, in dealing with policy uncertainty. Hospitals needs to develop responsive and forward-looking financial strategies to cope with public health crises. For policymakers, the findings highlight the urgency of designing reimbursement systems that are responsive, transparent, and based on hospitals' actual needs and the sustainability of healthcare services in the future.

Evaluation of The Threshold for Taxable Enterprises in Indonesia: Impact and Proposal Using Institutional Theory

Alan Afriyanto — 2025-09-09

This research was conducted to analyze the impact of implementing the Taxable Entrepreneurs (PKP) threshold of IDR4,800,000,000.00. The novelty of this research is using institutional theory, proposing new Value Added Tax (VAT) collection mechanism, and calculating the potential VAT from the threshold revision. This research is qualitative research with a case study approach. This study uses an interactive analysis model. Data was collected in three ways, namely in-depth interviews, qualitative observation, and documentation studies. The Sub-Directorate of VAT Regulations, Services and Other Indirect Taxes was chosen as the research site. There were six sources in this study, namely the Head of Sub-Directorate, Head of Section, Strategic Account Representative, Regional Account Representative, and lecturers. The findings in this research are that the high threshold results in the VAT tax base being eroded; often misused to avoid taxes; and reduced the amount of Tax Invoice data for supervisory activities. Based on research findings, policy makers in the Directorate General of Taxes (DGT) should immediately revise PMK-197/2013 and PMK-164/2023 by lowering the threshold to IDR600,000,000.00 and creating a new VAT mechanism, namely with a margin scheme of 1.1%.

Feasibility of Investment in Tourism Villages Towards Sustainable Development: A Comparative-Phenomenology Study

Eliza Noviriani — 2025-09-09

This applied research is a development of previous research, namely the study of the business feasibility of the Jawai Laut tourist village in Sambas Regency, West Kalimantan. The researcher expanded the study by conducting a comparative study of the phenomenological approach to explore the feasibility of investment in two tourist villages in Sambas Regency, West Kalimantan, namely the Jawai Laut and the Piantus Tourist Village. This is to answer the challenges of the novelty of research exploration and support village digitalization for sustainable village economic development. The method used is a combination of the comparative-phenomenological approach. Exploration shows The Jawai Laut Tourist Village meets the investment feasibility criteria for three financial ratios, namely Payback Period (PP), Average Rate of Return (ARR), and Net Present Value (NPV). Meanwhile, the Piantus Tourist Village meets the investment feasibility criteria for two financial ratios: the Average Rate of Return (ARR) and Net Present Value (NPV). Despite some shortcomings, the financial analysis shows that investment in the two tourist villages is feasible. Investors can consider the existence of a promising projection of tourist village income in the future. This reality proves that village communities can manage their regional potential independently without eliminating their region's uniqueness.

The Understanding of Small and Medium Enterprises on Creating Shared Value in Indonesia: An Exploratory Study

Gina Harventy — 2025-09-09

Implementing the Creating Shared Value (CSV) strategy is a new strategy to respond to sustainability issues. The CSV strategy can be used to solve social and environmental problems while creating economic value for companies and society. CSV has been widely applied by large companies, but its understanding and implementation among Micro, Small, and Medium Enterprises (SMEs) in developing countries, especially in Indonesia, are still limited. This study aims to explore SMEs' understanding of the CSV concept, identify driving factors, and uncover challenges and obstacles in implementing CSV in SMEs in Indonesia. This study utilized a case study approach with a semi-structured interview method with 9 SMEs listed on the Indonesia Stock Exchange. The study shows that most SMEs still equate the definition of CSV with Corporate Social Responsibility (CSR), and do not fully understand its strategic potential as an intangible asset as a competitive advantage for SMEs. CSV drivers in SMEs include company competitiveness, economic and social value, and business strategy. However, SMEs face challenges and obstacles in implementing CSV. Lack of expertise and guidelines indicates a lack of knowledge, expertise, and clear guidance in implementing CSV strategically in SMEs. This study emphasizes the importance of CSV integration in SME business strategies and provides theoretical and practical contributions to the development of policies that encourage CSV adoption in SMEs in Indonesia.

How Safe Are Principles and Good Corporate Governance Applied in an Indonesian Zakat Institution?

Adi Rahman — 2025-09-15

This study examines the application of the 3 Aman Principles, namely Aman Syar’i (compliance with Islamic law), Aman Regulation (compliance with legal standards), and Aman NKRI (commitment to the integrity of the Unitary State of the Republic of Indonesia), together with Good Corporate Governance (GCG) principles at one of the National Zakat Boards (BAZNAS) in Indonesia. A descriptive qualitative method with a case study approach was employed, involving separate interviews with five BAZNAS officials, direct observation, document analysis, and open-ended questionnaires to zakat payers (muzakki). Data validity was ensured through source and technique triangulation. The novelty of this research lies in integrating the 3 Aman Principles, which reflect Indonesia’s distinctive approach to zakat governance, with GCG principles commonly used in corporate governance and recognized internationally. This integration offers a perspective rarely discussed in prior studies. The findings show that compliance and accountability have been effectively implemented, although improvements are needed in financial reporting transparency and strategies to engage potential zakat payers. Theoretically, this study contributes to the literature by demonstrating the synergy of national and international governance principles in enhancing institutional trust. Practically, the results guide zakat institutions in developing governance strategies that strengthen public trust.