Budgeting for fraud mediation and university governance: A university board outlook

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Abstract

The objective of this study is to analyse the impact of budget implementation and university governance on fraud prevention in Indonesia. Using the purposive sampling method, this study covered 50 private universities with 150 university officials as a sample. The findings demonstrate that effective university governance and budget execution have a substantial and favourable impact on fraud prevention. Nevertheless, it is important to acknowledge several limitations regarding the variables in this study, such as the small sample size and the absence of control over other variables that may influence university governance. The significance of this study stems from its examination of crucial areas, particularly the higher education service sector, which is well recognized for its substantial influence on the future of higher education.

Keywords: Good University Governance, Budget Implementation, Fraud, Higher Education

Authors’ individual contributions: Conceptualization — M.N., M.M., and E.B.; Methodology — E.B. and A.S.Y.; Writing — Original Draft — M.N., M.M., and A.S.Y.; Writing — Review & Editing — E.B. and A.S.Y.; Supervision — M.M. and E.B.; Project Administration — E.B. and A.S.Y.; Funding Acquisition — M.N. and A.S.Y.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: G32, G34, M41, M48

Received: 08.07.2024
Accepted: 15.10.2024
Published online: 18.10.2024

How to cite this paper: Nurrasyidin, M., Meutia, M., Bastian, E., & Yulianto, A. S. (2024). Budgeting for fraud mediation and university governance: A university board outlook. Corporate Board: Role, Duties and Composition, 20(3), 43–53. https://doi.org/10.22495/cbv20i3art4