EVALUASI PENERAPAN ENTERPRISE RISK MANAGEMENT (ERM) PADA PT TELKOM INDONESIA (PERSERO) TBK

Authors

  • Aura Nabil Arsy Institut Teknologi Kalimantan Author
  • Gracella Epiphania Institut Teknologi Kalimantan Author
  • Helmina Ester Silitonga Institut Teknologi Kalimantan Author
  • Natasya Nabila Institut Teknologi Kalimantan Author
  • Alvianus Kristian Sumual Institut Teknologi Kalimantan Author

Keywords:

Enterprise Risk Management, Corporate Risk Management, Corporate Governance, Content Analysis, Risk Framework Evaluation, Telkom Indonesia.

Abstract

This study was conducted to evaluate the implementation of Enterprise Risk Management at PT Telkom Indonesia (Persero) Tbk. The research problem focused on the extent to which the company’s risk management practices aligned with the Committee of Sponsoring Organizations of the Treadway Commission framework and their effectiveness in supporting corporate governance and strategic goal achievement. The objective of this research was to identify the strengths and weaknesses of the company’s risk management system and assess the degree of integration between risk management processes and corporate planning and decision making. The research method employed content analysis of annual reports and internal risk management documentation, complemented by an evaluative comparison against internationally recognized theoretical indicators and best practices. The findings indicated that the company implemented a robust risk governance structure, systematic risk identification procedures, and adequate oversight mechanisms, although the integration of risk appetite and risk-based performance indicators into strategic execution required further enhancement. This research concluded that the company’s Enterprise Risk Management implementation was at a mature level, yet still needed improvement in risk measurement and performance-based monitoring.

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References

Albishri, A., & Alharbi, A. (2022). Enterprise risk management and firm value: Evidence from emerging markets. International Journal of Finance & Economics, 27(4), 5678–5692. https://doi.org/10.1002/ijfe.2481

Beasley, M. S., Branson, B. C., & Hancock, B. V. (2021). The state of risk oversight: An overview of enterprise risk management practices. North Carolina State University Enterprise Risk Management Initiative.

Ghosh, D. (2022). Corporate governance, enterprise risk management, and firm performance. Journal of Risk and Financial Management, 15(6), 245. https://doi.org/10.3390/jrfm15060245

PT Telkom Indonesia (Persero) Tbk. (2023). Annual report 2023: Enterprise risk management section. Telkom Indonesia. https://www.telkom.co.id

PT Telkom Indonesia (Persero) Tbk. (2024). Sustainability report 2024: Risk governance and compliance. Telkom Indonesia. https://www.telkom.co.id

Soliman, A., & Adam, M. (2017). The impact of enterprise risk management on firm performance: Evidence from the UK. European Journal of Business and Management, 9(30), 108–116.

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Published

2025-12-05

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Articles

How to Cite

EVALUASI PENERAPAN ENTERPRISE RISK MANAGEMENT (ERM) PADA PT TELKOM INDONESIA (PERSERO) TBK (Aura Nabil Arsy, Gracella Epiphania, Helmina Ester Silitonga, Natasya Nabila, & Alvianus Kristian Sumual, Trans.). (2025). SIGARUDA JOURNAL: Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi Dan Pendidikan, 1(2), 87-93. https://ejournal.sociovisionary.com/index.php/garudajournal/article/view/85

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