Ethnographic Agency Relationship in the Context of Budget: Portrait of Local Wisdom Harmonization in Bali Pakraman Village

Accounting and Finance Review 2 (3) 2017, 64 – 77

14 Pages Posted: 25 Aug 2017

See all articles by Ratna Damayanti

Ratna Damayanti

Hasanuddin University - Faculty of Economics

Rahmawati Rahmawati

STIE Muhammadiyah

Tenriwaru

Hasanuddin University

Date Written: July 15, 2017

Abstract

Objective – This study aims to explore the interaction between principal and agent relationship in traditional villages in the context of the budget. Also, this study shows the importance of local wisdom as a guide and as a source of knowledge, to fill and form the pattern of an agency relationship in the context of a more harmonious budget.

Methodology/Technique – The research method used is ethnography. Ethnography is the science of writing about race, using a more contemporary language. Ethnography can provide detailed information on the daily activities of a culture in a group. Therefore, it could make detailed notes about the behavior and beliefs of the group from time to time.

Findings – This study found that the interaction between principal and agent in traditional villages in the context of the budget have using local wisdom as a guide and as a source of knowledge. Balinese local wisdom forms the pattern of an agency relationship in the frame of a harmonious budget. The characteristics of Bali is very obvious from Hindu religion, customs, and culture. All are united in a harmonious atmosphere, which cannot be separated from the participation of all the components, as well as cultural heritage. The principle of people unity has been there long before Indonesia's independence, namely Pakraman village.

Novelty – This study has explored the myth and value of traditional village in Bali by using ethnography methodology, which is taken the deep value of Bali tradition.

Type of Paper: Empirical.

Keywords: Budget, Agency Relationship, Village, Bali, Accounting

JEL Classification: P11, R51

Suggested Citation

Damayanti, Ratna and Rahmawati, Rahmawati and Tenriwaru, Ethnographic Agency Relationship in the Context of Budget: Portrait of Local Wisdom Harmonization in Bali Pakraman Village (July 15, 2017). Accounting and Finance Review 2 (3) 2017, 64 – 77 , Available at SSRN: https://ssrn.com/abstract=3025208

Ratna Damayanti (Contact Author)

Hasanuddin University - Faculty of Economics ( email )

Jalan Perintis Kemerdekaan km 10
Makassar, Sulawesi
Indonesia

Rahmawati Rahmawati

STIE Muhammadiyah ( email )

Faculty of Economics
Palopo, ID Palopo 91922
Indonesia

Tenriwaru

Hasanuddin University ( email )

Jalan Perintis Kemerdekaan km 10
Sulawesi, Makassar 90245
Indonesia

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