Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models
The study reveals the economic behavior of fisherfolks that governs their decisions to practice accounting in Partido district, Camarines Sur, Philippines. Economic behavior was modeled and measured through the following parameters: the socioeconomic characteristics of the fisherfolks and their eco...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MM Edukasi
2022-12-01
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| Series: | Journal of Mathematics Instruction, Social Research and Opinion |
| Subjects: | |
| Online Access: | https://journal-gehu.com/index.php/misro/article/view/42 |
| _version_ | 1797818473789784064 |
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| author | Emmanuel Onsay Kevin C. Baltar Karlo Pedro L. Medroso II Ivan Ruzzel C. Pesino |
| author_facet | Emmanuel Onsay Kevin C. Baltar Karlo Pedro L. Medroso II Ivan Ruzzel C. Pesino |
| author_sort | Emmanuel Onsay |
| collection | DOAJ |
| description |
The study reveals the economic behavior of fisherfolks that governs their decisions to practice accounting in Partido district, Camarines Sur, Philippines. Economic behavior was modeled and measured through the following parameters: the socioeconomic characteristics of the fisherfolks and their economic transactions; the economic perceptions on socioeconomic contribution, market sustainability, and financial viability of fishing activity; the recordkeeping practices they adopt and constraints they encounter; and the Willingness to participate in accounting enhancement programs. Nonlinear models were utilized, and a causal-explanatory design was applied. The survey was conducted throughout the four sectors of the district. Most fisherfolks are married men with an average age of 45. Most are elementary graduates, have 7-8 children, and are impoverished. They have been observing 6 recordkeeping practices and have asserted 14 types of constraints. They have identified 10 economic transactions that need a formal bookkeeping system and expressed 21 economic perceptions about the fishing industry. Based on probit models, 11 variables govern their decisions to practice accounting: 2 socioeconomic characteristics; 3 composite economic perceptions; 3 composite economic transactions; and 3 fishing activities as control variables. Finally, the study proposes policy interventions to improve the livelihood and uplift the accounting practices of fisherfolks.
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| first_indexed | 2024-03-13T09:08:29Z |
| format | Article |
| id | doaj.art-0f78cf9212e543e6a9fcc4c4283a39dd |
| institution | Directory Open Access Journal |
| issn | 2962-7842 |
| language | English |
| last_indexed | 2024-03-13T09:08:29Z |
| publishDate | 2022-12-01 |
| publisher | MM Edukasi |
| record_format | Article |
| series | Journal of Mathematics Instruction, Social Research and Opinion |
| spelling | doaj.art-0f78cf9212e543e6a9fcc4c4283a39dd2023-05-27T23:03:01ZengMM EdukasiJournal of Mathematics Instruction, Social Research and Opinion2962-78422022-12-011310.58421/misro.v1i3.4242Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit ModelsEmmanuel Onsay0Kevin C. Baltar1Karlo Pedro L. Medroso II2Ivan Ruzzel C. Pesino3Partido State University and De La Salle UniversityPartido State UniversityPartido State UniversityPartido State University The study reveals the economic behavior of fisherfolks that governs their decisions to practice accounting in Partido district, Camarines Sur, Philippines. Economic behavior was modeled and measured through the following parameters: the socioeconomic characteristics of the fisherfolks and their economic transactions; the economic perceptions on socioeconomic contribution, market sustainability, and financial viability of fishing activity; the recordkeeping practices they adopt and constraints they encounter; and the Willingness to participate in accounting enhancement programs. Nonlinear models were utilized, and a causal-explanatory design was applied. The survey was conducted throughout the four sectors of the district. Most fisherfolks are married men with an average age of 45. Most are elementary graduates, have 7-8 children, and are impoverished. They have been observing 6 recordkeeping practices and have asserted 14 types of constraints. They have identified 10 economic transactions that need a formal bookkeeping system and expressed 21 economic perceptions about the fishing industry. Based on probit models, 11 variables govern their decisions to practice accounting: 2 socioeconomic characteristics; 3 composite economic perceptions; 3 composite economic transactions; and 3 fishing activities as control variables. Finally, the study proposes policy interventions to improve the livelihood and uplift the accounting practices of fisherfolks. https://journal-gehu.com/index.php/misro/article/view/42FisherfolksEconomic BehaviorAccountingProbit ModelsPhilippines |
| spellingShingle | Emmanuel Onsay Kevin C. Baltar Karlo Pedro L. Medroso II Ivan Ruzzel C. Pesino Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models Journal of Mathematics Instruction, Social Research and Opinion Fisherfolks Economic Behavior Accounting Probit Models Philippines |
| title | Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models |
| title_full | Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models |
| title_fullStr | Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models |
| title_full_unstemmed | Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models |
| title_short | Economic Behavior of Fisherfolks that Govern their Decisions to Practice Accounting: Evidence from Probit Models |
| title_sort | economic behavior of fisherfolks that govern their decisions to practice accounting evidence from probit models |
| topic | Fisherfolks Economic Behavior Accounting Probit Models Philippines |
| url | https://journal-gehu.com/index.php/misro/article/view/42 |
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