The Study of Profit Interpretation in Social Enterprise Perspective

Social enterprises have unique characteristics of business objectives, namely that there are profit elements as well as social elements in their business practices, so this research focuses on discussing the profit aspects and social objectives, and aims to explore and understand the meaning and treatment of profit in a social enterprise. Research data in the form of observations and interviews conducted on research sites with social enterprise business actors, as well as documentation related to the research theme. The social enterprise involved in this research is PT Garuda Sinar Perkasa Group in Samarinda. Data analysis is based on a case study approach which is carried out with stages of data reduction, coding and determining themes, then the results of the analysis are interpreted to find results that answer the research problems. The research results show that social enterprises in a circular economy are closely related to the concept of sustainability, where apart from aiming to pursue economic benefits (profit), social enterprises also run environmentally friendly businesses and are committed to changing behavior in society. In addition, integrated social value innovation in a company can be part of operational activities carried out simultaneously with economic activities or specifically focused on the field of community development. Social enterprises interpret profit not just as material profit, but how the creation of useful value that they produce (together with stakeholders) becomes a profit that is integrated into the company's understanding and the presence of spiritual elements that underlie the running of a social enterprise. The research contributes to the development of sustainability accounting knowledge regarding how social enterprise issues should be responded to in the field of accounting.