Paradoks : Jurnal Ilmu Ekonomi
Vol. 8 No. 3 (2025): May - July

Explorative Study of Financial Management in Criminal Entrepreneurship Business Practices

Yoerdan, Gebrilla (Unknown)
Rahman, Hafiz (Unknown)
Adrianto, Fajri (Unknown)



Article Info

Publish Date
10 Jun 2025

Abstract

This study aims to explore the financial management strategies employed by inmates involved in drug trafficking at Padang Class IIA Correctional Facility, focusing on how these individuals manage financial operations within a controlled and restrictive environment through organized, covert practices. Using an exploratory qualitative approach, the study involved in-depth interviews with five selected inmates who were directly involved in prison-based drug networks. Participants were chosen through purposive sampling based on criteria relevant to their involvement in narcotics-related business activities. Data were analyzed using thematic analysis supported by NVivo 12 Plus software to identify emerging financial patterns and strategies. The findings reveal that inmates maintain liquidity and conceal the origins of drug-related funds through various tactics, such as supporting legal employment as a cover and placing assets under third-party names. Entry into the drug business did not require personal financial capital; instead, trust and reputation served as key currencies within the network. These financial strategies closely resemble those used in legitimate business enterprises but are adapted to the prison context. This study contributes to the academic discourse on criminal entrepreneurship and suggests practical implications for enhancing financial surveillance and security protocols within correctional institutions. Future research should include broader samples and examine the role of external actors such as family members or prison staff.

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Journal Info

Abbrev

PARADOKS

Publisher

Subject

Social Sciences

Description

Jurnal ini memuat tulisan ilmiah dalam bentuk hasil penelitian, kajian teori dan aplikasi teori, gagasan konseptual, resensi buku baru dan bibliografi. Tulisan-tulisan yang dimuat telah melalui proses penyuntingan seperlunya oleh penerbit dengan tanpa mengubah substansi sesuai naskah aslinya. ...