water source. It is believed to cure all kinds of skin diseases. Fourthly is water source of death. This water is always constant and silent. Water source of soda is
the fifth type. It contains a taste of natural soda. Fifthly is the water source of urus-urus that is used to cure diarrhea. Sixthly, the last one, is water source of
supernatural powers making any one drinking the water will be invulnerable to any sharp weapons Disparta Karanganyar 2008.
D. Conceptual Framework
This research is conceptualized in explaining through literature review on the importance of Heritage Tourist Site Asset valuation in the accounting
framework and facts of international and national heritage asset valuation concepts and practices. Next, to gain focused and deep insights of the heritage
tourist site asset valuation method exploring from stakeholders’ perceptions, as evidenced from Sapta Tirta Pablengan in Karanganyar, convergent interviews are
conducted including a range of respondents, some relevant ones those having relevant knowledge on the research issue. Finally, findings of this research are
formulated, so that a conclusion can be drawn up. The conceptual framework that this research problem statement is based on is described in figure 1.
Exploratory
Figure II. 1 Conceptual Framework
Proposed key issues in valuing
heritage asset Stakeholders
Perspectives on valuing heritage
tourist site asset How?
CHAPTER III RESEARCH METHOD
Chapter III explains research methodology used in this research. This chapter explains research method, population, sample, and sampling technique,
data collection, and data analysis techniques.
A. Research Method
This research is conducted as a qualitative research for researcher wants to explore a topic, an idea that is not yet be formulated in a standard. It employs an
exploratory study since some facts about asset valuations are already known, but more information is needed for developing a viable theoretical framework of
heritage asset valuation specifically. Some qualitative studies where data are collected through observation or interviews are exploratory in nature Sekaran
2003. As used in academic accounting, qualitative studies of data are typically either field studies involving direct contact with real-world participants or a
content analysis involving non-numerical analysis of primary or secondary communications. This research method is generally more accepted in European
and Australian universities. The greatest advantage of qualitative research methods is in the ability to analyze naturalistic environments Marshall, 1996.
Such studies are able to examine more complex research questions, without sacrificing the richness or complexity of the natural environments.
