Institutional Model and Financial Management of Karawo Artist Based on Local Wisdom Values of Gorontalo Society

Abstract

This study was aimed to offer a concept of institutional and financial management of Karawo artist based on local wisdom values of Gorontalo society. It was conducted by using a qualitative method with a Focus Group Discussion approach that involved academics, sociologist, humanist, local government, Bank Indonesia, and Karawo artist. Data validity was obtained through available references. Moreover, the technique of data analysis used several steps, including data reduction, data presentation, and conclusion. Regarding the result of the study, it was found that the design of the institutional model and financial management of karawo artist based on the value of huyula (mutual assistance), dulohupa (discussion), and mo'odelo (responsibility/honesty) are in "Gorontalo-Karawo ethno cooperatives" form.