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Deconstruction of Management Control Systems and the Role of Culture in Traditional Banking Institutions

Author

Listed:
  • Putu Yudha Asteria Putri
  • Iwan Triyuwono
  • Bambang Hariadi
  • Lilik Purwanti

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.

Suggested Citation

  • Putu Yudha Asteria Putri & Iwan Triyuwono & Bambang Hariadi & Lilik Purwanti, 2024. "Deconstruction of Management Control Systems and the Role of Culture in Traditional Banking Institutions," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 25-41.
    • Handle: RePEc:bas:econst:y:2024:i:5:p:25-41
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    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2024/2024-5/02_Putu-Yudha-Asteria-Putri.pdf
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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