Theory of Puruṣārtha and its Educational Relevance

Bhatt, Siddheshwar Rameshwar

doi:10.1007/978-981-13-0442-2_12

Cited by 1 publication

(2 citation statements)

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“…One of the key concepts in we must all share them for our mutual benefit. Our capacity to enjoy them has a limit, and we should not hoard them beyond that limit (Bhatt, 2018).…”

Section: Introductionmentioning

confidence: 99%

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Implementation of Catur Purusa Artha in Village Credit Institution’s Financial Management

Purbawangsa,

Rahyuda,

Wicaksana

2023

JIA

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This study delves into the implementation of Catur Purusa Artha in managing the finances of Village Credits Institutions. Defining Dharma as adherence to rules, Artha as the pursuit of profits, Kama as efforts towards development, and Moksha as endeavors for harmony with stakeholders, the research explores these principles across 40 Village Credit Institutions (LPD). Data, collected through questionnaires and analyzed using frequency distribution techniques, provides insights into the incorporation of these concepts. Triangulation strengthens findings through comparisons with in-depth interviews of two LPD informants outside the sample group. The results reveal that all respondents implement the Catur Purusha Artha concept. However, a nuanced analysis highlights areas for improvement, specifically in lending activities and product development. This study indicates a fusion of traditional and modern management approaches within LPDs, showcasing a dynamic blend of principles that contribute to their financial management. These findings offer valuable insights for enhancing the effectiveness of Village Credit Institutions by addressing specific areas requiring attention and emphasizing the coexistence of traditional and contemporary management practices in LPDs.

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“…One of the key concepts in we must all share them for our mutual benefit. Our capacity to enjoy them has a limit, and we should not hoard them beyond that limit (Bhatt, 2018).…”

Section: Introductionmentioning

confidence: 99%

“…In the persue of financial result, LPDs must planted the idea that profit obtained through ways that do not harm others and according to the regulations. (Bhatt, 2018). Moksha means liberation, and realization of the self and it's the ultimate destination of human birth (Howladar, 2017).…”

Section: Introductionmentioning

confidence: 99%