Financial Accountability Practices in Community-Based Organizations: Evidence from a Village Credit Institution in Bali
Keywords:
Community-Based Organizations, Financial Accountability, LPD, Phenomenology, Social ValuesAbstract
Financial accountability plays a crucial role in sustaining trust and legitimacy within community-based
organizations. Unlike formal institutions, these organizations often rely on social values, collective norms, and
informal governance mechanisms in managing financial practices. Understanding how accountability is practiced in
such contexts is essential for strengthening governance and organizational sustainability. This study aims to examine
financial accountability practices in community-based organizations based on empirical evidence. Using a qualitative
approach, this study draws on insights from field-based research, including interviews, observations, and
documentation. The research is conducted in a Village Credit Institution (LPD) in Bali, Indonesia, using a
phenomenological approach to capture the lived experiences of accountability practices. The findings reveal that
financial accountability is not solely based on formal reporting mechanisms but is deeply embedded in social
interactions, trust, and shared values. Accountability is practiced through both formal and informal processes,
including collective discussions, transparency in decision-making, and community participation.
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Copyright (c) 2026 International Association of Management and Human Resource Development
This work is licensed under a Creative Commons Attribution 4.0 International License.
This work is licensed under a Creative Commons Attribution 4.0 International License.
