Revealing Internal Control Practices in SME Capital Maintenance

DOI

10.2991/aicar-18.2019.2How to use a DOI?

Keywords

capital maintenance; ethnomethodology; small medium entreprises; honesty value

Abstract

Research aims to find the practice of internal control of capital maintenance of small and medium enterprises (SMEs). Theoretically the results of this study can enrich the concept of capital maintenance that is appropriate for SMEs so it can be useful to encourage its growth. This research uses ethnomethodology approach through analysis phase: data reduction, data presentation, indexical, reflexivity and conclusion. Data collection is done through interview, observation and documentation. Interviews were conducted with several SME perpetrators. The results of the study found that the value of togetherness is very coloring various sides of life undertaken by the SMEs. Every day, they live side by side and work together, interact in their business activities, without having to be limited by business competition between one business actor and other business actors. The guidelines of life can be used as a role model in the current struggle of modernization that brings the concept of individualistic life in various facets of social life today. The maintenance of capital is done in a simple way by reflecting the operational value of: honesty value, trust, justice and love. Based on these values, the concept of capital maintenance found to maintain the sustainability of its business.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Erna Lovita
AU  - Gatot Prabantoro
PY  - 2019/02
DA  - 2019/02
TI  - Revealing Internal Control Practices in SME Capital Maintenance
BT  - Proceedings of the 5th Annual International Conference on Accounting Research (AICAR 2018)
PB  - Atlantis Press
SP  - 6
EP  - 9
SN  - 2352-5428
UR  - https://doi.org/10.2991/aicar-18.2019.2
DO  - 10.2991/aicar-18.2019.2
ID  - Lovita2019/02
ER  -