Articles

Enhancing Corporate Financial Performance through Sustainability Balanced Scorecards: A Systematic Literature Review

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This study explores the extent to which the Sustainability Balanced Scorecard (SBSC) serves as an effective tool for enhancing corporate financial performance. Through a systematic literature review (SLR) of 18 peer-reviewed articles published between 2020 and 2024, the research highlights how SBSC facilitates the integration of sustainability into organizational strategy across four key dimensions: financial, customer, operational workflows, and knowledge and development. The review reveals that the adoption of SBSC contributes to improved profitability, operational efficiency, customer satisfaction and loyalty, as well as enhanced employee innovation and capability development. Key enablers of successful SBSC implementation include strong management commitment, a culture of innovation, and strategic use of information technology. Furthermore, the findings underscore the value of SBSC for small and medium-sized enterprises (SMEs) across diverse sectors, particularly in manufacturing and services, positioning it as a strategic framework for sustainable financial growth.

Influence of Information Technology (IT) on Corporate Social Responsibility (CSR) and Good Corporate Governance (GCG) on Financial Performance

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With all its conveniences and benefits, the use of information technology is expected to help companies carry out their duties and improve their performance; the use of information technology to communicate has a positive influence on coordination. In this study, a re-examination of several companies in Bandung was carried out to correct the weaknesses of previous studies. This research uses quantitative research by using statistical or computational mathematics. The sample in this study is a manufacturing company listed on the Indonesia Stock Exchange (IDX) in the 2016– 2020 period. The researcher determines the model in this study using the purposive sampling technique, selecting the specific criteria. Where the manufacturing population is 178 companies. The analytical tool used in this research is Path Analysis. The results of the descriptive study show that in general information technology, the role of IT in CSR and GCG on the company’s financial performance is considered good. Furthermore, based on the results of hypothesis testing, it is known that information technology has a significant effect on the company’s financial performance and simultaneously has a substantial impact on its economic performance.