JASF (Journal of Accounting and Strategic Finance)
Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022

Interpreting the Concept of Debt Based on Indonesian Patron-Client Perspective

Driana Leniwati (University of Muhammadiyah Malang)
Aviani Widyastuti (University of Muhammadiyah Malang)
Rafli Sholana (University of Muhammadiyah Malang)
Sri Wahjuni Latifah (University of Muhammadiyah Malang)
Fahmi Dwi Mawardi (University of Muhammadiyah Malang)



Article Info

Publish Date
23 Jun 2023

Abstract

This study aims to interpret the concept of debt based on social phenomenon on Patron Client’s fishermen working-relationship in Pantai Sungai Bakau, Serayu, East Kalimantan. By using an interpretive paradigm, this study tries to interpret debt with a a case study research design. The data was obtained by conducting in-depth interviews with community of fishermen and fish collector (the owner of shipyard) who were the key informants. the method uses snowballing system for additional informants. The results of the interviews were grouped and data reduction was carried out before being analyzed and drawing conclusions or verification. Triangulation was also carried out with different question techniques that were asked to confirm the validity of the data to the surrounding community as additional informants. By using the triangulation technique, the researcher believes that the data obtained is valid. The results of this study found that the concept of debt have been interpreted as an obligation, family and trust relationship, and a mutually beneficial relationship on the context of Patron Client working-relationship. Empirically, on the broader meaning of debt, debt does not only as a form of obligation between the capital owner and the recipient of capital in the context of Patron-Client’s working-relationship, but debt should also be able to make familial relationship with the element of trust between them.

Copyrights © 2022






Journal Info

Abbrev

jasf

Publisher

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Description

Journal of Accounting and Strategic Finance (JASF) is a blind peer-reviewed journal that publishes theoretical, empirical, and experimental research papers. The Journal encourages the utilization of economic, financial and sociological theories to investigate, analyze, and explain issues in ...