Research Article
Fraud Frevention for Sustainable Social Enterprise Using Participative Social Governance
@INPROCEEDINGS{10.4108/eai.13-8-2019.2294260, author={Rudy Suryanto and Nafsiah Mohammed and Rizal Yaya}, title={Fraud Frevention for Sustainable Social Enterprise Using Participative Social Governance}, proceedings={Proceedings of The First International Conference on Financial Forensics and Fraud, ICFF, 13-14 August 2019, Bali, Indonesia}, publisher={EAI}, proceedings_a={ICFF}, year={2020}, month={5}, keywords={social enterprise fraud prevention participative social governance}, doi={10.4108/eai.13-8-2019.2294260} }- Rudy Suryanto
Nafsiah Mohammed
Rizal Yaya
Year: 2020
Fraud Frevention for Sustainable Social Enterprise Using Participative Social Governance
ICFF
EAI
DOI: 10.4108/eai.13-8-2019.2294260
Abstract
Social enterprise is not immune from fraud. As social enterprise is growing, there are some risks of fraud occurrance. Therefore, the purpose of this paper are to discuss types of frauds risks in Indonesian social enterprise and the effective ways to prevent it. This study used case study in one of social enterprise in Indonesia, that is at Panggungharjo, Indonesia. Panggungharjo has Village-owned Enterprise that manage waste management as its social business. The finding of this study indicates that there are three types of fraud occurred in Indonesian social enterprise. These types of fraud could be prevented by engaging community in decision making and monitoring process which are known as participative social governance. This study argue that participative social governence is more effective in fraud prevention rather than external audit and monitoring. The study will be useful for scholars, policy makers and regulators who are interested in Indonesian social enterprise.
