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When Social Responsibility Meets Profitability: Determinants of Firm Value in Indonesian Mining Companies Listed on the Indonesia Stock Exchange

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This study examines the effect of Corporate Social Responsibility (CSR) disclosure and profitability ratios on firm value among mining sector companies listed on the Indonesia Stock Exchange (IDX). CSR disclosure was measured using an index based on the Global Reporting Initiative (GRI) Standards 2016, while profitability was proxied by four indicators: Return on Equity (ROE), Return on Asset (ROA), Gross Profit Margin (GPM), and Net Profit Margin (NPM). Firm value was measured using Price Book Value (PBV). The sample was selected through purposive sampling from a population of 46 mining companies listed on the IDX during 2020–2024, resulting in five companies that met all the criteria and a total of 25 observations. Data were analyzed using multiple linear regression with SPSS following classical assumption testing. The results show that CSR disclosure has a positive and significant effect on firm value. Among the four profitability indicators, only ROE has a significant positive effect on firm value, while ROA, GPM, and NPM have no significant effect. Simultaneously, CSR and profitability ratios significantly affect firm value, with a coefficient of determination of 80.2%. These findings are relevant amid the recent slowdown in Indonesia’s mining sector and the ongoing transition of sustainability reporting regulation toward standards aligned with the International Sustainability Standards Board (ISSB).

Design of Balance Scorecard-Based Key Performance Indicators Based on Organizational Vision in the Coal Mining Industry

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Facing the challenges of global competition and the dynamics of the mining industry, accurate performance measurement is crucial to ensure the sustainability and efficiency of a company’s operations. A coal mining organization in Central Kalimantan does not yet have an integrated performance measurement system and relies solely on monthly production figures as a performance benchmark. This study aims to design Key Performance Indicators (KPIs) based on the Balanced Scorecard (BSC) approach, considering four main perspectives: financial, customer, internal business processes, and learning and growth. The study was conducted using a case study approach, data collection through questionnaires, interviews, and field observations, as well as analysis using the SMART approach and cut-off points. The results show that designing KPIs based on the BSC can provide a more comprehensive and strategic measurement tool for managing and evaluating company performance. The financial and customer perspectives are the main emphasis, given the importance of operational efficiency and customer satisfaction in supporting company competitiveness. In conclusion, the implementation of Balanced Scorecard-based KPIs can help PT Rimau Tangguh Perkasa improve transparency, accountability, and the effectiveness of the company’s overall business and operational strategies.