DECONSTRUCTION OF MANAGEMENT CONTROL SYSTEMS AND THE ROLE OF CULTURE IN TRADITIONAL BANKING INSTITUTIONS

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Putu Yudha Asteria Putri, Iwan Triyuwono, Bambang Hariadi, Lilik Purwanti

2024 Ikonomicheski Izsledvania Vol. 2024 Issue 5 Article Cited by 0 Quartile

Abstract

This study aims to know the existence of culture and its deconstruction in management control systems in traditional banking institutions. This research uses a mixed method with Explanatory Sequential Design by taking a traditional banking institutions in Indonesia and exploring it using interview and observation techniques at one of the traditional banking institutions to form a deconstruction of the new MCS concept. The results of this research reveal a significant influence between culture and MCS. Furthermore, a culture-based MCS deconstruction was discovered and formed, which found a kindness implemented in the Standard Operational Procedure, Assets implemented in the Work Plan, budgeting, and expenditure and a desire for its implementation through performance. Lastly is happiness, implemented in reporting and auditing. © 2024, Bulgarska Akademiya na Naukite. All rights reserved.

Affiliations

Accounting Department, Warmadewa University, Bali, Indonesia; Accounting Department, Brawijaya University, Jawa Timur, Malang, Indonesia