International Journal of Accounting and Taxation

Accountability of Non-Government Organization from the Perspective of Stakeholder Theory
Anik Yuesti, Luh Gde Novitasari, Ni Wayan Rustiarini

Abstract
This study aims to see the accountability of non-government organization from the perspective of Stakeholder theory. Accountability in its practice and theory has weaknesses. The weaknesses are lacking of supervision of disbursement and neglecting people’s culture (Dixon et al., 2006); lacking of information in organization (Kovach et al., 2003); financial statements that are submitted only to the donors (Goddard and Assad, 2006); and the many scandals and abuses of power in organizations (Gibelman and Gelman, 2001). However, this agency theory cannot be applied by NGOs because they are social organizations (Dixon, et al., 2006). Therefore, it is interesting to know the practices and the accountability of NGO. The researcher used interpretive existential phenomenology method to understand a phenomenon (Burrel dan Morgan, 1994; pp.243-247). Stakeholder theory is used to analyze problems with MBM organization activity assumption, which is related to the donors and community. The results of the research show that accountability based on stakeholder perspective theory is for all stakeholders. They are the owners, the management, and social. Stakeholder theory does not emphasize on vertical relationship or the relationship with God as the Owner.

Full Text: PDF     DOI: 10.15640/ijat.v4n2a7