Stakeholders’ Perspectives on Banking Support and Digital Accounting Adoption in the Palm Oil Industry

Harry Patuan Panjaitan; Nicholas Renaldo; Achmad Tavip Junaedi; Nyoto Nyoto; Jahrizal Jahrizal; M Dalil; Dodi Sofyan Arief; Fifi Puspita; Rebecca La Volla Nyoto; Kristy Veronica

doi:10.61230/luxury.v3i2.135

Authors

Harry Patuan Panjaitan Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia
Nicholas Renaldo Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia
Achmad Tavip Junaedi Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia
Nyoto Nyoto Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia
Jahrizal Jahrizal Universitas Riau, Indonesia
M Dalil Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia
Dodi Sofyan Arief Universitas Riau, Indonesia
Fifi Puspita Universitas Riau, Indonesia
Rebecca La Volla Nyoto Universitas Lancang Kuning, Indonesia
Kristy Veronica Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia

DOI:

https://doi.org/10.61230/luxury.v3i2.135

Keywords:

Stakeholders’ Perspectives, Banking Support, Digital Accounting Adoption, Palm Oil Industry

Abstract

This study aims to investigate how stakeholders, including palm oil enterprises, smallholder cooperatives, banking institutions, and regulators, perceive the role of banking support in facilitating or hindering the adoption of digital accounting systems. This study employs a qualitative exploratory design to capture the diverse perspectives of stakeholders on the role of banking support in facilitating digital accounting adoption within the palm oil industry. A purposive sampling strategy will be employed to ensure participants possess direct experience with either banking support or digital accounting adoption. Data will be analyzed using thematic analysis. Interview transcripts, focus group notes, and documents will be coded inductively and deductively, guided by the research questions. The findings reveal that banks are not merely providers of financial capital but also act as institutional gatekeepers that shape reporting practices and encourage digital transformation. Larger enterprises view digital accounting as a strategic tool for efficiency and compliance, while smallholders often see it as a burdensome requirement.

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