Green Accounting: Integrating the Tri Hita Karana Philosophy into Village Economic Development

DOI

10.2991/978-94-6463-882-0_17How to use a DOI?

Keywords

Green Accounting; LPD; Tri Hita Karana

Abstract

Sustainable village economic development requires a balance between economic, social, and environmental aspects. The concept of Green Accounting emerges as an accounting approach that incorporates environmental impacts into economic decision-making processes. Lembaga Perkreditan Desa (LPD), or Village Credit Institution, is a financial institution established in Bali to provide access to capital for communities. Founded on the principles of local wisdom, LPDs are designed to empower traditional village communities through the efficient and sustainable management of financial resources. Implementation of Green Accounting can be strengthened by the values of Tri Hita Karana (THK), a Balinese local wisdom philosophy that emphasizes harmonious relationships between humans and God (Parahyangan), humans and fellow humans (Pawongan), and humans and the environment (Palemahan). This study aims to analyze the application of Tri Hita Karana in supporting the economic development of Canggu Traditional Village. This study employs a qualitative descriptive method, involving informants such as supervisors, managers, and clients of the Village Credit Institution (LPD) in Canggu Traditional Village. The research is grounded in the Triple Bottom Line theory, which emphasizes development based on three pillars: Profit, People, and Planet. This framework is aligned with the local wisdom of Tri Hita Karana. This study reveals how policy implementation, especially in fulfilling the social role of the LPD, contributes to village development rooted in local cultural traditions.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Made Andy Pradana Sukarta
AU  - Ni Luh Putri Setyastrini
AU  - Ida Bagus Gede Dananjaya
AU  - I Made Agus Putrayasa
PY  - 2025
DA  - 2025/11/14
TI  - Green Accounting: Integrating the Tri Hita Karana Philosophy into Village Economic Development
BT  - Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Social Applied Science 2025 (ICOSTAS-SAS 2025)
PB  - Atlantis Press
SP  - 141
EP  - 150
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-94-6463-882-0_17
DO  - 10.2991/978-94-6463-882-0_17
ID  - Sukarta2025
ER  -