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All Journal Amsir Management Journal
Hasan, Muh. Haedar
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Economics, Econometrics & Finance

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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 Hasan, Dina Maliah Hasan, Nurhaedah Haslinda Hasan Sahudi, Muh. Aksah