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Financial Management Information System: An Empirical Evidence

Author

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  • H.N. Hartikayanti
  • F.L. Bramanti
  • A. Gunardi

Abstract

This study aims to determine the factors that affect the effectiveness of financial information systems implemented by private universities in the educational process, through the dimensions of manager role, knowledge manager, and technological sophistication.The research uses quantitative and descriptive approaches. The population in this study is Private Universities in Cimahi, Indonesia. Testing of research data is done through validity test with Rank Spearman correlation coefficient and reliability test with Cronbach Alpha coefficient. Meanwhile, to analyze the data multiple descriptive regression analysis (multiple regression analysis) is used.The results showed what has been done then it concluded that the role of managers, knowledge owned by managers and the sophistication of information technology owned by private universities can affected the performance of the university. The role of manager and the technological sophistication significantly influence the effectiveness of financial information systems while managers’ knowledge has no significant effect.The most important recommendation of this research is the importance of reconsidering the selection of technical specifications that meet the needs of more and more data in addition to ongoing training for financial managers.

Suggested Citation

  • H.N. Hartikayanti & F.L. Bramanti & A. Gunardi, 2018. "Financial Management Information System: An Empirical Evidence," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 463-475.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:2:p:463-475
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    File URL: https://www.ersj.eu/dmdocuments/35.GUNARDI_ET_AL_XXI_2_18.pdf
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    2. repec:ers:ijebaa:v:v:y:2017:i:1:p:3-13 is not listed on IDEAS
    3. Rajiv Sabherwal & Anand Jeyaraj & Charles Chowa, 2006. "Information System Success: Individual and Organizational Determinants," Management Science, INFORMS, vol. 52(12), pages 1849-1864, December.
    4. I.P. Denisova & S.N. Rukina & K.N. Samoylova & A.S. Takmazyan, 2017. "Financial Instruments of the Socially Responsible Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 284-293.
    5. I. Tache & G. Bratucu & I. B. Chitu & L. Dovleac, 2017. "Improving the Relationship between Higher Education Institutions and Business Environment in South-Eastern Europe: A Case Study," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 3-13.
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    1. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:109-118 is not listed on IDEAS
    2. A.K. Zhukova & A.L. Zhukov, 2018. "Materiality in Audit of Financial Reporting Party Conducting Accounting of Joint Activity," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 109-118.

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    More about this item

    Keywords

    Role of manager; knowledge manager; technological sophistication; financial management information system; private university; Indonesia. JEL Classification: D80; D83.;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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