PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM

Fierce competition on telecommunication industry in Indonesia has raised new risk for Telkom�s main business unit (Telkomsel). Telkomsel in managing their risk implements corporate wide risk management. This Telkomsel�s risk management is part of development of Telkom�s Enterprise Risk Managem...

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Main Authors: , I Ketut Widya Nagara, , Dr. Erni Ekawati, MBA
Format: Thesis
Published: [Yogyakarta] : Universitas Gadjah Mada 2012
Subjects:
ETD
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author , I Ketut Widya Nagara
, Dr. Erni Ekawati, MBA
author_facet , I Ketut Widya Nagara
, Dr. Erni Ekawati, MBA
author_sort , I Ketut Widya Nagara
collection UGM
description Fierce competition on telecommunication industry in Indonesia has raised new risk for Telkom�s main business unit (Telkomsel). Telkomsel in managing their risk implements corporate wide risk management. This Telkomsel�s risk management is part of development of Telkom�s Enterprise Risk Management (ERM) which is intended to protect company product, service and enterprise value. Implementation of risk management in Telkomsel still can�t be used to predict probability of financial performance problem whenever worst risk happened. Projection is required by company as guidance of their policy and strategy. By using a quantitative approach of Enterprise Risk Budgeting (ERB), Telkomsel will be able to evaluate the risk and projects the financial performance based on economic capital concepts. ERB will provide the description of company risk capacity to mitigate risk on policy and strategy. ERB implementation in Telkomsel has provides projection on cash flow position based on enterprise risk factor which are inherent from Telkom�s ERM. ERB implementation also measures Telkomsel�s risk capacity based on indicator of debt-to-equity ratio, liquidity ratio and profitability ratio. This risk capacity is based on concept of Cash-Flow-at-Risk (CFaR). Based on the analysis, Telkomsel has high risk capacity to running risky policy and strategic to increase enterprise value.
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spelling oai:generic.eprints.org:987722016-03-04T08:47:02Z https://repository.ugm.ac.id/98772/ PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM , I Ketut Widya Nagara , Dr. Erni Ekawati, MBA ETD Fierce competition on telecommunication industry in Indonesia has raised new risk for Telkom�s main business unit (Telkomsel). Telkomsel in managing their risk implements corporate wide risk management. This Telkomsel�s risk management is part of development of Telkom�s Enterprise Risk Management (ERM) which is intended to protect company product, service and enterprise value. Implementation of risk management in Telkomsel still can�t be used to predict probability of financial performance problem whenever worst risk happened. Projection is required by company as guidance of their policy and strategy. By using a quantitative approach of Enterprise Risk Budgeting (ERB), Telkomsel will be able to evaluate the risk and projects the financial performance based on economic capital concepts. ERB will provide the description of company risk capacity to mitigate risk on policy and strategy. ERB implementation in Telkomsel has provides projection on cash flow position based on enterprise risk factor which are inherent from Telkom�s ERM. ERB implementation also measures Telkomsel�s risk capacity based on indicator of debt-to-equity ratio, liquidity ratio and profitability ratio. This risk capacity is based on concept of Cash-Flow-at-Risk (CFaR). Based on the analysis, Telkomsel has high risk capacity to running risky policy and strategic to increase enterprise value. [Yogyakarta] : Universitas Gadjah Mada 2012 Thesis NonPeerReviewed , I Ketut Widya Nagara and , Dr. Erni Ekawati, MBA (2012) PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=54992
spellingShingle ETD
, I Ketut Widya Nagara
, Dr. Erni Ekawati, MBA
PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM
title PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM
title_full PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM
title_fullStr PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM
title_full_unstemmed PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM
title_short PENERAPAN ENTERPRISE RISK BUDGETING DALAM PROSES PERENCANAAN KEUANGAN PADA UNIT BISNIS UTAMA (TELKOMSEL) PERUSAHAAN TELKOM
title_sort penerapan enterprise risk budgeting dalam proses perencanaan keuangan pada unit bisnis utama telkomsel perusahaan telkom
topic ETD
work_keys_str_mv AT iketutwidyanagara penerapanenterpriseriskbudgetingdalamprosesperencanaankeuanganpadaunitbisnisutamatelkomselperusahaantelkom
AT drerniekawatimba penerapanenterpriseriskbudgetingdalamprosesperencanaankeuanganpadaunitbisnisutamatelkomselperusahaantelkom