Implementation of Risk Based Budgeting in Improving Business Sustainability at PT. Semen Tonasa

Eunike Yulinah Sentosa () and Abdul Razak Munir
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Eunike Yulinah Sentosa: Hasanuddin University
Abdul Razak Munir: Hasanuddin University

A chapter in Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024), 2025, pp 2210-2220 from Springer

Abstract: Abstract Study This aimingfor knowing: 1) implementation of Risk-Based Budgeting at PT. Semen Tonasa can help company in identify, manage, and reduce potential risks threaten sustainability business, and 2) obstacles in implementation risk based budgeting in increase sustainability business at PT. Semen Tonasa. Study qualitative This aiming to reveal the meaning behind fact through interviews, observations, questionnaires, and documentation at PT. Semen Tonasa, Regency Pangkep, South Sulawesi. Research This use method evaluation risk in budgeting companyfor increase sustainability business, with step identification risk through SWOT analysis and historical data, analysis possibilities and impacts risk, as well as evaluation level severity use matrix. Data analysis was performed through data condensation, data presentation, and retrieval Conclusion. Research results This show that Implementation of Risk Based Budgeting (RBB) at PT. Semen Tonasa give impact positive in support sustainability business and operations company. RBB strengthens focus on KPI, reduce revision budget yearly, increasing effectiveness allocation source power, and align plan term short with term length. Approach This allow company more proactive and responsive to risk, yield planning more finances strategic and efficient. In the future, research more carry on can explore impact term length of RBB and development methodology evaluation greater risk effective.

Keywords: Risk Based Budgeting; Sustainability Business; PT. Semen Tonasa (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-758-8_176

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DOI: 10.2991/978-94-6463-758-8_176

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