An Impact Evaluation of Social Invesment Using Sroi Method: A Case Study of a Public Construction Project

Rindang Matoati; Rindah Febriana Suryawati; Hewa Majeed Zanghana; Dhewanendra Fortuna; Farida Ratna Dewi; Eka Dasra Viana

doi:10.55927/fjas.v5i2.16

Authors

Rindang Matoati IPB University
Rindah Febriana Suryawati Universitas Airlangga
Hewa Majeed Zanghana Duhok Polytechnic University
Dhewanendra Fortuna IPB University
Farida Ratna Dewi IPB University
Eka Dasra Viana IPB University

DOI:

https://doi.org/10.55927/fjas.v5i2.16

Keywords:

Corporate Social Responsibility, Social Impact, Social Return on Investment, Theory of Change

Abstract

PT. Dunia Milik Bersama (DUMIB) is a company that is active in implementing CSR programs. This study aims Cto analyze the impact of social investment from the implementation of PT DUMIB's CSR program using SROI method. The scope of this study was CSR Program to repair damaged roads in the Jungjang Village area, Cirebon regency West Java, Indonesia with stakeholders involved are local communities, company management, village government, and CV. Nemo Transport Mandiri, the analytical method used is the SROI analysis method which consists of six stages of analysis. The results of the study show that the social return on the program is 3.6:1, which means that every IDR1 invested will generate a benefit of IDR3.6 for stakeholders. PT. DUMIB has succeeded in creating beneficial social impacts for its stakeholders because it has produced a positive SROI ratio.

References

Anam, H. (2021). Pengungkapan Corporate Social Responsibility Hairul Anam. GeoEkonomi, 12(01), 38–52.

Baihaqi, H. (2021). 200 Kilometer Jalan di Kabupaten Cirebon dalam Kondisi Rusak Ringan hingga Berat. Bisnis.Com.

Cooney, K., & Lynch-Cerullo, K. (2015). Measuring the Social Returns of Nonprofits and Social Enterprises: The Promise and Perils of the SROI. Nonprofit Policy Forum, 5(2), 367–393.

Fadillah, A., & Suryawati, R. (2021). The Effect of Sustainability Report on Financial Performance and Corporate Value (Case study on companies participating in ASRRAT for period of 2015-2019). https://doi.org/10.4108/eai.14-9-2020.2304460.

Komariah, K., Novianti, E., Hafiar, H., & Prastowo, A. A. (2018). Sinergi Pemerintah Dan Perusahaan Pada Aktivitas Csr Dalam Rangka Menghadapi Mea. Jurnal Kawistara,. 7(2), 168.

Marchyta, N. K., & Arijanto, K. V. (2023). The Influence of Corporate Social Responsibility on Financial Performance: Study of Family Business in Central Java. Jurnal Aplikasi Bisnis Dan Manajemen, 9(2), 431–439. https://doi.org/10.17358/jabm.9.2.431.

Marningsih, S., Purnawan, & Adji, B. M. (2020). Analisa Kerusakan Jalan dan Dampaknya Terhadap Lingkungan. Jurnal Teknik Lingkungan Universitas Andala, 17(1), 25–30.

Nicholls, J., Lawlor, E., Neitzer, E., & Goodspeed, T. (2012). A Guide To Social Return on Investment. Cabinet Office.

Oktamia, D., Zainuri, A., & Azwari, P. C. (2020). Social Return on Investment pada Program Ekonomi Local Business Development Dompet Dhuafa Sumatera Selatan. Intizar, 26(2), 65–72.

Prayogo, D., & Hilarius, Y. (2012). Efektivitas Program CSR / CD dalam Pengentasan Kemiskinan: Studi Peran Perusahaan Geotermal di Jawa Barat. Jurnal Sosiologi Masyarakat, 17(1), 1–22.

Purwohedi, U. (2016). Social Return on Invesment (SROI) - Sebuah Teknik untuk Mengukur Manfaat/Dampak dari Sebuah Program atau Proyek. (Issue June 2016).

Puspita, M. E. (2015). Corporate Social Responsibility: Implikasi Stakeholder dan Legitimacy Gap dalam Peningkatan Kinerja Perusahaan. Jurnal Akuntansi Multiparadigma, 2(1), 89–109.

Santoso, M. B., Adinegara, R., Ismanto, S. U., Mumajad, I., & Mulyono, H. (2018). Assessment of the Impact of CSR Implementation Social Investment. Jurnal Pemikiran Dan Penelitian Administrasi Bisnis Dan Kewirausahaan, 3(2), 153–167.

Setiawan, I. K. A., Larasati, P. A., & Sugiarto, I. (2021). CSR Contextualization for Achieving the SDGs in Indonesia. Journal of Judicial Review, 23, 183–196.

Silalahi, D. C. G., Santoso, H., & Suliantoro, Y. (2018). Analisis Social Return on Investment Pada Kewirausahaan Sosial: Studi Kasus Di Upreneur Aiesec Undip. Industrial Engineering Online Journal, 7(2), 1–19.

Suhardjanto, D., & Nugraheni, S. (2012). Pengaruh Corporate Social Responsibility (Csr) Disclosure Terhadap Nilai Perusahaan. Jurnal Akuntansi, XVI(02), 162–175.

Sumarsono, A. (2017). KERUSAKAN JALAN. Department of Civil Engineering.

Wibisono, Y. (2007). Membedah Konsep & Aplikasi CSR (Corporate Social Responsibility). Fascho Publishing.