Revealing the Profit Meaning of Incense Traders: A Phenomenological Study

Ida Ayu Wayan Maheswari Adiananda and Ayudia Sokarina

Journal of Accounting and Finance in Emerging Economies, 2023, vol. 9, issue 3, 405-420

Abstract: Purpose: This research aims to reveal the meaning of profit for incense traders.Design/Methodology/Approach: This study uses an interpretive and phenomenological paradigm as a research methodology. Researchers collected data by conducting in-depth interviews.Findings: he results of this study reveal that profit has material and immaterial meanings. Material profit is interpreted based on three things: minimal business risk, fast turnover of goods, and the percentage of profit earned from taking goods from suppliers and selling these goods. Conversely, immaterial gains are interpreted in spiritual terms. This spiritual thing is like helping or supporting others to pray. In addition, spirituality, in this case, is closely related to "karma phala," which means the result of actions, namely how a business owner runs his business honestly and sincerely so that he will get good results, too.Implications/Originality/Value:&& This study explains the various meanings of profit associated with working as an incense seller.&

Keywords: Immaterial; Material; Meaning of profit (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:src:jafeec:v:9:y:2023:i:3:p:405-420

DOI: 10.26710/jafee.v9i3.2728

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