International Journal of Economics, Business and Innovation Research
Vol. 2 No. 04 (2023): July, International Journal of Economics, Business and Innovation Research (IJ

The Implementation Of Balanced Scorecard In Indonesian Companies Companies: A Systematic Literature Review

Mediaty Mediaty (-Faculty of Economics and Business Hasanuddin University)
Asri Usman (Faculty of Economics and Business Hasanuddin University)
Fifi Selvi (Faculty of Economics and Business Hasanuddin University)
Lasri Ningsih (Faculty of Economics and Business Hasanuddin University)
Dinda Reskiana Putri (Faculty of Economics and Business Hasanuddin University)



Article Info

Publish Date
11 Jun 2023

Abstract

The business world cannot be excluded when discussing increasingly competitive competition. To keep up with the development of the industry, it is necessary to measure the performance that is expected. Through this, the company can build its condition in a better direction and be able to participate in the competitive business world. The purpose of this article is to show the benefits of applying the balanced scorecard method to companies in Indonesia. The method used to achieve this goal is a systematic literature review by analyzing the 15 literature findings discussed in this article. The results showed that all 15 companies used four balanced scorecard perspectives simultaneously to measure financial and non-financial performance. Not only that, some literature also shows that the application of a balanced scorecard as a measurement method can provide a more structured and comprehensive picture of the company's overall performance. The findings of the 15 literatures also vary, which indicates that with a balanced scorecard, the company can find out its weaknesses and strengths so that it can be an evaluation material for the company to make improvements in the future.

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Journal Info

Abbrev

IJEBIR

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Economics, Business and Innovation Research (IJEBIR) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality ...