Internalization of Intrinsic Value of Trust in Financial Accountability: A Study of Subak Jatiluwih Bali Indonesia

Abstract

The objective of this research is to disclose more deeply the influence of the intrinsic elements, namely, trust in the financial accountability of Subak Jatiluwih. This research applied ethno-methodological method seeking to understand and capture phenomenon through observations in the form of non-quantitative data and observing the phenomenon until the real truth is revealed. Validation and legality of data in qualitative research was carried out using triangulation techniques. The results of the study show a new paradigm in financial accountability as in the triple bottom line that the reporting of organizational performance is not just reporting financial transactions but also integrating social and natural environment. This is in line with the principles of Tri Hita Karana recognizing three elements namely parhyangan, pawongan and palemahan which aim at forming harmonization, harmony and togetherness, as an integral and inseparable unit. Trust is the most important element in the social system because the behavior of members in society is strongly influenced by what they believe and what is known as the truth, religious system and the ways of worshiping God Almighty. Trust is a statement about things that are accepted as genuine truth that are used as guidelines for activities to achieve a goal. Elements of trust oriented to traditional values in Subak are realized in various religious ceremonies. The substance of trust in Subak is not only related to trust in Subak management or bonding concept, but also trust with other stakeholders through bridging and linking in social capital concept.

Financial accountability in Subak Sembung Denpasar Bali

“…Subak is a traditionally developed social organization according to customary law that has unique differences from other organizations (Sanica et al, 2018). Subak as a non-profit social organization has characteristics that include; 1) Subak is an organization of farmers managing irrigation water that has a board and organizational rules (awig-awig) both written and unwritten, 2) has a shared water source in the form of a dam (empelan), 3) has a rice field area, 4) there is autonomy both internally and externally, and 5) has one or more temples related to subdivision (Darmada et al, 2018).…”

“…Accountability is the main principle in realizing good governance, including in natural resource management, especially in mitigating negative social and environmental impacts (Sanica et al, 2018). In the financial accountability of non-profit entities, it is not only about reporting on the budget used, but also on one's accountability to other parties for the mandate given.…”

“…The practice of accountability is a key principle in realizing good governance, including in natural resource management (Sanica et al, 2018). The role of religion, customs, and culture in Bali is in accordance with the Tri Hita Karana culture which is the main guideline for the subak krama in carrying out all its activities.…”