https://e-journal.umc.ac.id/index.php/VL <p>Jurnal Manajemen dan Akuntansi</p> <p>Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Cirebon</p> Program Studi Manajemen, Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Cirebon en-US Value : Jurnal Manajemen dan Akuntansi 1979-0643 https://e-journal.umc.ac.id/index.php/VL/article/view/6730 <p>Capital expenditure is a form of capital creation, which includes investments and expenditures made to acquire or develop assets with an expected economic return period of more than one year. The aim of this research is to determine the effect of capital expenditure on local revenue (PAD) and balancing funds in districts/cities in West Sumatra Province in 2019-2023. The research method used is a quantitative research method. This data comes from the following websites: https://www.bps.go.id/ and https://djpk.kemenkeu.go.id/, which are managed by the Indonesian Directorate General of Financial Balance (DJPK). This research uses 95 reports covering the years 2019-2023 covering districts/cities in West Sumatra province, to examine the realization of local original income, balancing funds, and district/city capital expenditures in West Sumatra province, namely using the Econometric Views (EViews) version of the software. 10 using descriptive statistical tests, model feasibility, classical assumptions, panel data regression, hypotheses, and the Adjusted R Square coefficient test used in data analysis. The findings of this study confirm the null hypothesis that balancing funds do not influence capital expenditure positively and significantly, but local revenue influences capital expenditure positively and significantly.</p> Resti Elviza Mike Kusuma Dewi Aminar Sutra Dewi Wellia Novita Zusmawati Zusmawati Copyright (c) 2025 Value : Jurnal Manajemen dan Akuntansi 2025-01-19 2025-01-19 20 1 1 12 10.32534/jv.v20i1.6730 https://e-journal.umc.ac.id/index.php/VL/article/view/6631 <p>The increasing use of the internet has become a major driver of business transformation in the field of e-commerce. This phenomenon is relevant because live streaming interactions can build strong relationships between sellers and buyers, which can increase engagement and customer trust. The main challenges in e-commerce, including live streaming commerce, are maintaining product quality and avoiding fraud, which often results in decreased customer trust. This study aims to examine the effect of customer trust on customer engagement in the context of live streaming commerce, with swift guanxi as a mediating variable. The method used is Partial Least Square Structural Equation Modeling (PLS-SEM) with data from 333 Generation Z respondents who actively shop via live streaming. The results of the study show that Trust in Broadcasters and Trust in Community Members have a significant positive effect on Customer Engagement, while Trust in Products does not show a significant effect.</p> Jevon Keefe Purnama Purnama Juliani Dyah Trisnawati Siti Rahayu Copyright (c) 2025 Value : Jurnal Manajemen dan Akuntansi 2025-01-19 2025-01-19 20 1 13 15 10.32534/jv.v20i1.6631