The Concepts of Performance Measurement based on the Purposes of the Hindu Religion
https://doi.org/10.26794/2587-5671-2025-29-1-195-203
Abstract
This study attempts to construct the concept of performance measurement using the values of Catur Purusa Artha. The method used as a construction tool is the study of literature and the development of concepts from the values of Hindu religious goals, namely Catur Purusa Artha. This research shows that humans aim to achieve happiness through physical well-being (sekala) and inner peace (niskala), the antithesis of homo economicus found in performance measurement, which is only dominated by financial performance measurements. The formation of the concept that is formed is a broader and more comprehensive goal and perspective, namely worship of God based on the teachings of goodness (dharma), which is aimed at obtaining wealth (artha) by controlling desires (kama) to achieve a balance of the ultimate goal as the highest goal in the form of happiness (moksa).
Keywords
catur purusa artha,
financial performance measurement,
hindu religious goals,
homo economicus,
performance measurement
JEL: D60, I30, I32
About the Authors
N. P.R. Martini
Brawijaya University;
Warmadewa University
Indonesia
Indonesia
Ni Putu Riski Martini — PhD Candidate, Department of Accounting, Faculty of Economics and Business, Brawijaya University; lecturer, Warmadewa University
Malang, East Java; Denpasar, Bali
M. Sudarma
Brawijaya University
Indonesia
Indonesia
Made Sudarma — PhD, Prof., Department of Accounting, Faculty of Economics and Business
Malang, East Java
L. Purwanti
Brawijaya University
Indonesia
Indonesia
Lilik Purwanti — PhD, Assoc. Prof., Department of Accounting Profession, Faculty of Economics and Business
Malang, East Java
N. Adib
Brawijaya University
Indonesia
Indonesia
Noval Adib —. PhD, Assoc. Prof., Department of Accounting, Faculty of Economics and Business
Malang, East Java
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Review
For citations:
Martini N.P., Sudarma M., Purwanti L., Adib N. The Concepts of Performance Measurement based on the Purposes of the Hindu Religion. Finance: Theory and Practice. 2025;29(1):195-203. https://doi.org/10.26794/2587-5671-2025-29-1-195-203
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