CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study

This paper aims to examine the performance measurement using the CSR Balanced Scorecard system in SMEs firms in Malaysia. It investigates the relationships of the four perspectives of CSR Balanced Scorecard system toward performance measurement. The purpose of this paper is to investigate whether or...

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Main Author: Edward Sek Khin Wong
Format: Article
Language:English
Published: Universitas Indonesia 2015-11-01
Series:The South East Asian Journal of Management
Subjects:
Online Access:http://journal.ui.ac.id/index.php/tseajm/article/view/5465
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author Edward Sek Khin Wong
author_facet Edward Sek Khin Wong
author_sort Edward Sek Khin Wong
collection DOAJ
description This paper aims to examine the performance measurement using the CSR Balanced Scorecard system in SMEs firms in Malaysia. It investigates the relationships of the four perspectives of CSR Balanced Scorecard system toward performance measurement. The purpose of this paper is to investigate whether or not the improvement of the non-financial CSR measures will lead to the improvement of performance measures. To test these relationships, data were collected using the four perspectives approach introduced by Utting (2007). The finding indicates that the organizational business performance can be greatly increased by putting greater emphasis to CSR measures. The results also reveal that the increases of firms customer’s satisfaction is caused by the increase implementation of CSR measurement. At the end of the article, the implications of this study for SME industries and some suggestions are discussed for future studies.
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spelling doaj.art-cf2bc64a28df4c63a3b1d843eae5b2c82023-01-02T08:42:45ZengUniversitas IndonesiaThe South East Asian Journal of Management1978-19892355-66412015-11-019210.21002/seam.v9i2.54653200CSR Balanced Scorecard Systems and Business Performances: SMEs Case StudyEdward Sek Khin Wong0University of MalayaThis paper aims to examine the performance measurement using the CSR Balanced Scorecard system in SMEs firms in Malaysia. It investigates the relationships of the four perspectives of CSR Balanced Scorecard system toward performance measurement. The purpose of this paper is to investigate whether or not the improvement of the non-financial CSR measures will lead to the improvement of performance measures. To test these relationships, data were collected using the four perspectives approach introduced by Utting (2007). The finding indicates that the organizational business performance can be greatly increased by putting greater emphasis to CSR measures. The results also reveal that the increases of firms customer’s satisfaction is caused by the increase implementation of CSR measurement. At the end of the article, the implications of this study for SME industries and some suggestions are discussed for future studies.http://journal.ui.ac.id/index.php/tseajm/article/view/5465CSR Balanced ScorecardInnovationPerformance Measurement
spellingShingle Edward Sek Khin Wong
CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study
The South East Asian Journal of Management
CSR Balanced Scorecard
Innovation
Performance Measurement
title CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study
title_full CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study
title_fullStr CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study
title_full_unstemmed CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study
title_short CSR Balanced Scorecard Systems and Business Performances: SMEs Case Study
title_sort csr balanced scorecard systems and business performances smes case study
topic CSR Balanced Scorecard
Innovation
Performance Measurement
url http://journal.ui.ac.id/index.php/tseajm/article/view/5465
work_keys_str_mv AT edwardsekkhinwong csrbalancedscorecardsystemsandbusinessperformancessmescasestudy