The Role of Balance Scorecard and Management Information Systems in Decision Making Through Company Performance
DOI:
https://doi.org/10.26740/akunesa.v13n2.p138-144Keywords:
Balance Scorecard, Management Information System, Company Performance, and Decision Making.Abstract
This study aims to analyze the Implementation of Balance Scorecard (BSC) and Management Information System on investment decision making through company performance. BSC as a performance management tool provides a comprehensive view of financial and non-financial aspects that are relevant to investment decision making through company performance, while Management Information System (MIS) supports the decision-making process by providing accurate and relevant information. The results of the study indicate that Key Performance Indicators (KPI) and MIS indicators have a significant influence on investment decision making, while performance assessment is unable to mediate BSC and MIS in investment decision making. BSC as a performance management tool provides a comprehensive view of financial and non-financial aspects that are relevant to decision making, while MIS supports the decision-making process by providing accurate and relevant information. Effective BSC and MIS indicators can improve the quality of more accurate and comprehensive investment decisions. The implications of this study support the importance of integrating both tools in strategic decision making in companies.
References
Agustin L & Anwar M. (2022). The Influence of Investment Decisions, Dividend Policy and Liquidity on Company Value in Property and Real Estate Sub-Sector Companies Listed on the IDX. Scientific Journal of Management, Economics, & Accounting (MEA) 6 (2), 1251-1267, 2022.
Afzal, Arie and Rohman, Abdul. (2012). “The Influence of Investment Decisions, Funding Decisions, and Dividend Policy on Company Value”. Diponegoro journal of accounting volume 1, number 2, page 9.
Alza, R. Z., & Utama, A. . G. S. (2018). The Influence of Funding Policy, Investment Policy, and Dividend Policy on Company Value with Business Risk as a Moderating Variable. Journal of Accounting and Business Research Airlangga, 3(1).
Andriani, Astri Swi. Asep Mulyana. I Gde Dhika Widarnandana. Aris Armunanto. Imas Sumiati. Leni Susanti, Leonita Siwiyanti. Qomarotun Nurlaila. Dheni Dwi Pangestuti and Irra Chrisyanti Dewi, (2022). Manajemen Sumber Daya Manusia. Makassar: CV. Tohar Media.
Anggraini, F., & Mulyani, E. (2022). The Influence of Accounting Information, Risk Perception and Corporate Image in Investment Decision Making during the Covid-19 Pandemic. Journal of Accounting Exploration, 4(1), 25–39. https://doi.org/ 10.24036/ jea.v4i1.486.
Azzahra, Pratomo, (2020). System Quality, Information Quality and Service Quality on User Satisfaction Analysis of the Influence of Payment Accounting Information Using the Delone & Mclean Method, Telkom University.
Azzahra, A. S., & Nasib. (2019). Pengaruh Firm Size dan Leverage Ratio Terhadap Kinerja Keuangan Pada Perusahaan Pertambangan. Jwem Stie Mikroskil, 9(1), 13-20.
Benson, A. M., & Sajjadiani, S. (2018). Are Bonus Pools Driven by Their Incentive Effects? Evidence from Fluctuations in Gainsharing Incentives. ILR Review, 71(3), 567–599. https://doi.org/10.1177/0019793917726066.
Brigham, Eugene and Houston, Joel F. (2011). Fundamentals of Financial Management (book 2). Translated by: Ali Akbar Yulianto. Jakarta: Salemba Empat.
Cascio, W. F. 2010. Managing Human Resources: Productivity, Quality of Work Life, Profits. 8th ed. McGraw-Hill/Irwin. Boston.
Christian, A. B., & Rita, M. R. (2016). The Role of Using Accounting Information in Decision Making to Support Business Success. EBBANK Journal, 7(No. 2), 77–92.
Dewi (2020). Analysis of the Potential of Implementing the Balanced Scorecard as a Performance Assessment at PT BPR Bank Klaten (Perseroda).
Dewi, L. A. & Praptoyo, S. (2022). The Effect of Company Size, Profitability, and Leverage on Company Value. Journal of Accounting Science and Research Vol 11 No 2.
Fahmi, I. (2018). Performance Management Theory and Application. Bandung: Alfabeta.
Fenandar, Gany Ibrahim. (2018). “The Influence of Investment Decisions, Funding Decisions and Dividend Policy on Company Value”. Thesis. Semarang: Diponegoro University.
Harmono. (2018). Balanced scorecard-based financial management: theoretical, case and business research approaches. Jakarta: PT Bumi Aksara.
Husnan, Suad and Pudjiastuti, Enny. (2015). Basics of Financial Management (ed). Yogyakarta: UPP STIM YKPN.
Kaplan, Robert S and David P. Norton, (2000). Balanced Scorecard. Jakarta: Erlangga.
Kotler, (2003). Marketing Management. Eleventh Edition. Volume 1 and 2. Jakarta: PT Indeks.
Mulyadi, (2015). Corporate Planning and Control System. Salemba Empat Publisher, Jakarta.
Maulana, M. R. (2016). The Influence of Investment Decisions, Funding Decisions and Dividend Policy on Company Value in LQ 45 Companies on the Indonesia Stock Exchange in 2011-2015. Journal of Management and Business Science Vol. 4, No. 2 – September 2016, 4, 29-50.
Hastiwi, et al (2022) The Importance of Financial Reports in Assessing Financial Performance in Companies.
Lullah & Siregar.(2020). The Influence of Investment Decisions, Financing Decisions, Dividend Policy, and Board of Commissioners Size on the Value of Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2016-2018 Period. Indonesian Science Management Research Journal 11 (1), 169-184, 2020.
Paramitha, Mulyadi, (2017). The Influence of Accounting Information Systems on Managerial Performance and Investment Decision Making at PT. Bank Negara Indonesia (BNI) 46 Denpasar Branch. Prastika, N. E., & Purnomo, D. E. (2014). The Influence of Management Information Systems on Company Performance in Micro, Small and Medium Enterprises (MSMEs) in Pekalongan City. Pekalongan City Research and Development Journal, 7, 73–101. https://jurnal.pekalongankota.go.id/ index.php/litbang/article/view/86/83.
Prastowo, S. L. (2020). Analysis of Business Actor Competence, Role and Government Policy on MSME Performance in Tangerang City with Marketing Strategy Creativity as an Intervening Variable. Economics & Business, 25(2), 159–172. https://doi.org/ 10.33592/jeb.v25i2.435.
Prasetyo, Heru. (2017). Company Valuation. Jakarta: PPM.
Prastika, N. E., & Purnomo, D. E. (2014). The Influence of Management Information Systems on Company Performance in Micro, Small and Medium Enterprises (MSMEs) in Pekalongan City. Pekalongan City Research and Development Journal, 7, 73–101. https://jurnal.pekalongankota.go.id/ index.php/ litbang/article/ view/ 86/83
Santi, Gideon. (2019). Management Information System Management in Investment Decision Making, EMBA Journal, Vol.1, No.3, pp 911-919.
Sari (2015) Implementation of Balanced Scorecard as a performance measurement tool at Surabaya Islamic Hospital regarding decision-making methods.
Lestari, (2024) with the title Evaluation of Management Information System Performance on Investment Decision Making through Company Performance
Sedarmayanti. (2019). Human Resource Management. Bandung: PT Refika Aditama.
Sundari, U. S., Isharyanto, I., & Abidin, Z. (2017). The Influence of Investment Decisions, Funding Decisions of Food and Beverage Companies Listed on the Indonesia Stock Exchange (BEI). Assets - Journal of Economic and Business Research, I(1), 1–10.
Sumolang, Hans. 2015. The Influence of Information Technology and Interdependence on Managerial Performance with Characteristics of Management Information Systems as Intervening Variables. Faculty of Economics, University of Riau. Pekanbaru.
Soudani, S. N. (2012). The Usefulness of an Accounting Information System for Effective Organizational Performance. International Journal of Economics and Finance, 4(5), 136–145. https://doi.org/10.5539/ijef.v4n5p136.
Wijaya, Puspo and Wibawa, Anas. (2010). The Influence of Investment Decisions, Funding Decisions, and Dividend Policy on Company Value. 13th National Accounting Symposium, Purwokerto.
Zainal, Veithzal Rivai. Mansyur Ramly. Thoby Mutis and Willy Arafah, (2018). Human Resource Management for Companies. Depok: PT RajaGrafindo Persada.
Downloads
Published
How to Cite
Issue
Section
Abstract views: 1
,
PDF Downloads: 3
