Financial Governance and Financial Accountability in Supporting the Sustainability of Community-Based Tourism Villages

DOI

10.2991/978-94-6239-809-2_38How to use a DOI?

Keywords

Community-Based Tourism; Financial Accountability; Financial Governance; Good Governance; Sustainable Tourism; Tourism Village

Abstract

Financial governance has become a critical issue in supporting the sustainability of tourism villages operating under the Community-Based Tourism (CBT) approach. This study aims to analyze financial governance practices and financial accountability in Community-Based Tourism villages, identify factors influencing transparent and accountable financial management, and develop a financial governance model to support sustainable tourism village development. A qualitative approach employing a multiple case study design was adopted in three tourism villages in Bali, namely Penglipuran, Jatiluwih, and Taro. Data were collected through in-depth interviews, field observations, and document analysis, and subsequently analyzed using thematic analysis and cross-case analysis. The findings indicate that financial governance extends beyond financial administration and encompasses financial planning, budgeting, recording, reporting, internal control, transparency, accountability, and stakeholder participation. The implementation of these governance principles enhances public trust, strengthens organizational legitimacy, and supports the sustainable management of tourism villages. However, challenges remain, including limited human resource capacity, non-standardized financial reporting systems, weak internal control, and inadequate digital financial management. This study proposes a Financial Governance Model for Sustainable Community-Based Tourism Villages, integrating Community-Based Tourism, Good Governance Theory, Stewardship Theory, financial accountability, and public trust into a comprehensive conceptual framework. The proposed model contributes to the tourism accounting literature by extending the application of financial governance from organizational settings to community-based tourism management while providing practical guidance for policymakers and tourism village managers in strengthening transparent, accountable, and participatory financial governance.

Copyright

© 2026 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  - Ni Wayan Risna Swardani
AU  - Ayu Dwi Yulianthi
PY  - 2026
DA  - 2026/10/24
TI  - Financial Governance and Financial Accountability in Supporting the Sustainability of Community-Based Tourism Villages
BT  - Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Social Applied Science 2026 (ICoSTAS-SAS 2026)
PB  - Atlantis Press
SP  - 391
EP  - 402
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-94-6239-809-2_38
DO  - 10.2991/978-94-6239-809-2_38
ID  - Swardani2026
ER  -