|
Vol.8, No.4, November 2019. ISSN: 2217-8309 eISSN: 2217-8333
TEM Journal
TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS Association for Information Communication Technology Education and Science |
Building a Concept of Entrepreneurial Control
Hanif Hanif, Abdulah Rakhman, Muhammad Nurkholis
© 2019 Hanif Hanif, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)
Citation Information: TEM Journal. Volume 8, Issue 4, Pages 1198-1206, ISSN 2217-8309, DOI: 10.18421/TEM84-13, November 2019.
Received: 29 August 2019. Revised: 03 November 2019.
Abstract:
This research aims to create a concept of entrepreneurial control with a view to building a concept of management control by interpreting socio-cultural aspects of company organization. An interpretive paradigm by means of ethnographic method was employed in this research. Finding of the research reveals a concept of entrepreneurial control that is a controlling model conducted by entrepreneur-directors by involving the socio-cultural aspects to encourage the employees in order to achieve maximum company performance. This is implemented by creating a unique policy on compensation that a profit sharing has composition of 10:7:3, which is proportionally shared respectively among employees, investors, and entrepreneur-directors.
Keywords – Socio-culture, achievement goals, entrepreneurial control, profit sharing. |
|
----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- |