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Haslinda Hasan
Institut Teknologi Dan Bisnis Arung Palakka
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Journal : Amsir Management Journal

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Implementation of Balanced Scorecard in Geological Exploration Project Performance Evaluation Hasan, Hamida; Hasan, Haslindah
Amsir Management Journal Vol 5 No 1 (2024): Oktober
Publisher : Fakultas Bisnis Institut Ilmu Sosial dan Bisnis Andi Sapada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56341/amj.v5i1.588

Abstract

This study examines the application of the Balanced Scorecard in evaluating the performance of geological exploration projects through a qualitative approach. The study explores how the four perspectives of the Balanced Scorecard (finance, customers/stakeholders, internal business processes, and learning and growth) can be tailored to the unique characteristics of geological exploration projects. The results show that the Balanced Scorecard, when appropriately adjusted, can be an effective tool for comprehensively evaluating performance, managing risk, and aligning short-term goals with long-term strategies. Although its implementation faces challenges, especially in determining the appropriate metrics, the Balanced Scorecard has proven to help companies manage the complexity and uncertainty inherent in geological exploration projects, while still considering long-term sustainability aspects.
Reformasi Korporasi untuk Meningkatkan Tata Kelola Industri Geologi di Era Transisi Energi Hasan, Nurhaedah; Hasan, Haslindah; Hasan, Muh. Haedar; Hasan, Dina Maliah; Sahudi, Muh. Aksah
Amsir Management Journal Vol 6 No 1 (2025): Oktober
Publisher : Fakultas Bisnis Institut Ilmu Sosial dan Bisnis Andi Sapada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56341/amj.v6i1.711

Abstract

This study explores the integration of Environmental, Social, and Governance (ESG) principles and legal compliance in the business models of geology-based companies in Indonesia, emphasizing how profitability aligns with social and environmental responsibility. Using a qualitative normative-empirical approach through legal analysis, company case studies, interviews, and document review, the research finds that embedding ESG into core operations can enhance financial performance, social legitimacy, and legalrisk management when supported by profitability, strong leadership commitment, and clear implementation strategies. However, ESG adoption often remains compliance-driven, constrained by managerial capacity, greenwashing risks, and limited performance indicators linking financial and non-financial outcomes. The study concludes that geological companies should view ESG and CSR regulations as foundations for innovation and long-term competitiveness rather than regulatory burdens, thereby integrating profitability and socio-environmental responsibility within a sustainable business management framework
Co-Authors Abdurrohman, Asep Alyasa-Gan, Siti Sarah Amirullah, Febry Halid, Sri Julyarti Hamida Hasan Hasan, Dina Maliah Hasan, Muh. Haedar Hasan, Nurhaedah Herwanita Husriah Kurniawan Muh. Akbar Fhad Syahril Nurhaedah Hasan Rabiatul Adawiyah Sahudi, Muh. Aksah