Balanced Scorecard Analysis Supported by Good Corporate Governance in Evaluating the Performance of Perumda Air Minum Tirta Tuah Benua East Kutai

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 02

Abstract

This study aims to analyze performance from the perspective of Balanced Scorecard supported by Good Corporate Governance in evaluating the performance of Perumda Air Minum Tirta Tuah Benua East Kutai. This study used mixed methods with quantitative descriptive research design. The results showed that (1) The internal business process perspective is good enough but still has to be optimized for water quality testing, (2) The growth and learning perspective shows satisfied results, but the Company still has to increase opportunities and improve employee careers , (3) Financial Perspective, profitability ratio and cash ratio still do not get maximum value because the Company experiences losses due to the absence of water tariff adjustments, (4) Customer perspective, customer satisfaction is good enough, but the Company still has to improve service and service coverage on an ongoing basis, (5) The implementation of Good Corporate Governance is good enough but the Company still has to socialize policies and regulations for the progress of the Company.

Authors and Affiliations

Yuli Murtiningsih , Sihwahjoeni , Maxion Sumtaky

Keywords

Related Articles

Urgency of Halal Certification on the Performance of MSMEs

This research aims to explain the effect of halal certification on the financial performance of MSMEs, which is mediated by innovation performance. Halal certification is required for MSME food products along the supply...

The Influence of Competency, Compensation and Work Environment on Performance with Work Motivation as an Intervening Variable (Case Study of Agricultural Extension Instructors in Sikka Regency)

The purpose of this research is to determine and analyze the influence of competence on performance, determine and analyze the influence of compensation on performance, determine and analyze the influence of the work env...

The Governance-FDI Nexus: A Factor-Augmented Fixed Effect Analysis of ASEAN World Governance Indicators and Foreign Direct Investment Inflows

Utilizing a factor-augmented fixed effect model, this study investigates the intricate relationship between governance indicators and Foreign Direct Investment (FDI) inflows. Panel data from six ASEAN countries covering...

Environmental Uncertainty in The Effect of Transfer Pricing on Tax Avoidance

One of the tax avoidance schemes undertaken by companies, especially multinational companies, is transfer pricing. Transfer pricing decisions in tax avoidance can depend on environmental uncertainty. This research analyz...

Capacity to Serve in Training Activities of Higher Education Institutions, Experimental Assessment at the University of Labor and Social Affairs

Following the research approach and design, we clarified the stated objectives. The article evaluates the current situation and service capacity in training activities of higher education institutions. Presenting survey...

Download PDF file
  • EP ID EP731359
  • DOI 10.47191/jefms/v7-i2-38
  • Views 37
  • Downloads 0

How To Cite

Yuli Murtiningsih, Sihwahjoeni, Maxion Sumtaky (2024). Balanced Scorecard Analysis Supported by Good Corporate Governance in Evaluating the Performance of Perumda Air Minum Tirta Tuah Benua East Kutai. Journal of Economics, Finance and Management Studies, 7(02), -. https://europub.co.uk/articles/-A-731359