Southeast Asian Business Review
Vol. 2 No. 1 (2024)

SROI analysis in measuring the success of the Partnership Program as a form of CSR of PT Petrokimia Gresik

Aurashafa, Dita Amelia (Unknown)
Premananto, Gancar Candra (Unknown)



Article Info

Publish Date
29 Feb 2024

Abstract

Corporate Social Responsibility (CSR) is a form of social investment companies make, hoping it will bring long-term benefits. An investment must be measurable and accountable. Corporate Social Responsibility certainly involves both internal and external stakeholders. By using a qualitative approach, this research aims to find out the stakeholders of the Partnership Program, one of PT Petrokimia Gresik's social responsibilities, along with the benefits received by each stakeholder. This research also aims to determine the social impact obtained from each fund invested by the company in that CSR Program using the SROI method. From calculations using the SROI method, a ratio of  5.32:1 is obtained, which means that every Rp 1 invested by the company will generate an impact of Rp 5.32. The results of this measurement are important for the company as an evaluation material for implementing the Partnership Program in the next period to produce a more significant, effective, and efficient impact.

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Journal Info

Abbrev

SABR

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The SABR is committed to publishing the high quality articles from business and management perspectives in regards to within and between the Southeast Asian region. The covered domains but not limited to, such as: Marketing management, Finance, and management accounting, Strategic management, ...