Entrepreneurs’ Accountability: Accounting or Behavioral Issues?
Samuel P. D. Anantadjaya
International University Liaison Indonesia (IULI)
Swiss German University
Innge S. Handojo
Swiss German University
July 4, 2011
International Conference on Business and Information, Accounting and Finance Section, Bangkok, Thailand, July 4-6, 2011
In higher education, the topic on auditing is intensively studied in great details to note the importance on reviewing and evaluating financial reports of various organizations. It is also known that auditing is regarded as the reference point for business growth as financial records become the basis for future decisions, not only for prospective investors, but also for owners and management in formulating future action steps. Hence, it is expected that auditing is also important not only for large organizations, but also for small and medium enterprises.
This research is intended to seek out relationships between the roles of entrepreneurs as business owners, and the roles of entrepreneurs as managers toward accountability of organizational records and performance. The reference point for this research is the entrepreneurial theory of the firm, to establish the building blocks in closing onto the entrepreneur accountability in managing the organization’s portfolios. The second reference point for this research is the individual rational theory, which states that it is considered rational for individual entrepreneurs to continue growing. Taking up the role as managers, it is also deemed rational for entrepreneurs to expand organizational activities by various means. Factors, such as; hyper-competition, technological advancement, shorter product life cycles, and innovation, are also incorporated into the studies to reveal the connection between the entrepreneurial accountability, and the rationality of entrepreneurs in making business decisions toward organizational growth.
Preliminary studies have been conducted, not only covering small/micro businesses, but also large establishments. Those preliminary studies include; a study on measuring human resources (Anantadjaya, 2009), an entrepreneurial mindset development model (Anantadjaya, et al, 2010), and an entrepreneurial study to note the role of entrepreneurs in project management (Anantadjaya and Mulawarman, 2010).
Number of Pages in PDF File: 20
Keywords: entrepreneur, accountability, theory of the firm, behaviors, risks
JEL Classification: A10, M13, M21, M40
Date posted: July 17, 2011 ; Last revised: September 19, 2011