Analysis of Company Performance and Its Influence Through Balanced Scorecard Using Intervening Variables of Work Climate in Medan City and Surrounding Areas

Rosita Rosita(1), Zulia Hanum(2), Julita Julita(3), Bunga Aditi(4), Ade Gunawan(5),


(1) Fakultas Ekonomi Pasca Sarjana Universitas Prima Indonesia
(2) Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara
(3) Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara
(4) Fakultas Ekonomi dan Bisnis Harapan, .Universitas Harapan Medan
(5) Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara
Corresponding Author

Abstract


The purpose of the study was to measure the performance of  companies in the city of Medan and its surroundings with the implementation of the Balanced Scorecard (BSC) in order to increase competition through the intervening variable of the work climate that distinguishes each company. The research design is policy research using quantitative analysis techniques using the Lisrel application SEM, with a sample of 100. The calculation results of SEM analysis the work climate variable has an influence on company performance of 80.16%, while other variables that are not examined but also affect the lecturer's research performance are indicated by a value of 20%. The results showed that the measurement of company performance with BSC through its four perspectives, namely the Financial Perspective, Customers, Internal Business and Learning and Growth as well as through the intervening variable Organizational Climate, the results of which have a direct or indirect effect on the Company's performance.


Keywords


Balanced Scorecard, Organizational Climate, Company Performance, Investment value added, Value prepositions

References


M. Ahyat, S. Sahar, O. Afriwan, E. Y. Saniah, and A. M. Saputra, "Digital Transformational Leadership A Village Head On Organizational Citizenship Behavior Through Work Climate And Job Satisfaction Village Officials In Lombok Island," Jurnal Manajemen Industri dan Logistik, vol. 6, no. 2, pp. 242-255 %@ 2598-5795, 2022.

A. Adityo and E. D. Arfianto, "Analisis Pengaruh Corporate Social Responsibility, Beta, Firm Size, Dan Book To Market Ratio Terhadap Return Saham (Studi Kasus Perusahaan Manufaktur yang terdaftar di BEI periode 2010-2011)," Fakultas Ekonomika dan Bisnis, 2012.

A. Faishol, "Analisis Pengaruh Penerapan Balanced Scorecard Terhadap Peningkatan Kinerja Perusahaan (Studi Kasus Pada Perusahaan Daerah Air Minum (Pdam) Lamongan)," Jurnal Akuntansi, vol. 1, no. 1, p. 8, 2016.

E. M. Saputri, I. L. Kusuma, and E. I. Prastiwi, "Pengaruh Pengukuran Balance Scorecard Terhadap Kinerja Perusahaan (Studi Kasus PT. Indo Veneer Utama)," Jurnal Akuntansi Dan Pajak, pp. 1-14, 2021.

R. El Junusi, M. Musahadi, and H. Yuningrum, "Balanced scorecard: Strategy towards world class university," Economica: Jurnal Ekonomi Islam, vol. 10, no. 1, pp. 87-116 %@ 2541-4666, 2019.

E. Gunawan, O. Yulianti, and W. Wagini, "Analysis of Performance Measurement with the Balanced Score Card Approach at the Regional Water Company (PDAM) Tirta Dharma Bengkulu City," Journal of Indonesian Management (JIM), vol. 1, no. 2, pp. 82-87 %@ 2807-212X, 2021.

M. Mulyadi and M. S. Ak, "Sistem Terpadu Pengelolaan Kinerja Personel Berbasis Balanced Scorecard," Yogyakarta: Upp Stim Ykpn, 2014.

C. H. Istiqlal, "Penilaian Kinerja Perbankan Syariah Dengan Metode Balanced Scorecard," La_Riba, vol. 3, no. 2, pp. 167-180 %@ 1978-6751, 2009.

V. Gaspersz, Lean Six Sigma. Gramedia Pustaka Utama, 2007.

S. S. Al-Qubaisi and M. Ajmal, "Determinants of operational efficiency in the oil and gas sector: A Balanced scorecards perspective," Benchmarking: An International Journal %@ 1463-5771, 2018.

V. Decoene and W. Bruggeman, "Strategic alignment and middleق│║level managers' motivation in a balanced scorecard setting," International Journal of Operations & Production Management %@ 0144-3577, 2006.

D. Sunyoto, "Dasar-dasar Manajemen Pemasaran, konsep, strategi, dan kasus," 2014.

A. A. W. S. Waspodo and L. Minadaniati, "Pengaruh kepuasan kerja dan iklim organisasi terhadap organizational citizenship behavior (OCB) karyawan pada PT. Trubus Swadaya Depok," JRMSI-Jurnal Riset Manajemen Sains Indonesia, vol. 3, no. 1, pp. 1-16 %@ 2301-8313, 2012.

E. Trianto and L. E. Lukito, "Pengaruh Kepuasan Kerja, Perancangan Dan Penerapan Balanced Scorecard Dan Penilaian Kinerja Terhadap Produktivitas Karyawan Pada Pt. Tripilar Cipta Inovasi," EKONOMI BISNIS, vol. 27, no. 2, pp. 620-629 %@ 2715-1662, 2021.

D. A. Triastuti, "Pengaruh lingkungan kerja, kompetensi dan iklim organisasi terhadap kinerja pegawai," Journal of management review, vol. 2, no. 2, pp. 203-208 %@ 2579-812X, 2019.

C.-H. Li, W.-G. Yang, and I. T. Shih, "Exploration on the gap of single-and double-loop learning of balanced scorecard and organizational performance in a health organization," Heliyon, vol. 7, no. 12, pp. e08553 %@ 2405-8440, 2021.

A. Alimudin, A. Z. Falani, S. W. Mudjanarko, and A. D. Limantara, "Analisis Pengaruh Penerapan Perspektif Balanced Scorecard Terhadap Peningkatan Kinerja UMKM," EkoNiKa Jurnal Ekonomi Universitas Kadiri, vol. 4, no. 1, pp. 1-17, 2019.

A. Eliyana and S. Maق│└arif, "Job satisfaction and organizational commitment effect in the transformational leadership towards employee performance," European Research on Management and Business Economics, vol. 25, no. 3, pp. 144-150 %@ 2444-8834, 2019.

N. Andriani, "Pengaruh Iklim Organisasi Terhadap Kinerja Karyawan Bank Merger: Studi pada PT. Bank Mandiri Hub. Malang," InFestasi, vol. 2, no. 1, pp. 49-62 %@ 2460-8505, 2006.


Full Text: PDF - full text

Article Metrics

Abstract View : 329 times
PDF - full text Download : 65 times

 DOI: 10.30988/jmil.v7i1.1177

Refbacks

  • There are currently no refbacks.