doi: 10.7763/IJIMT.2012.V3.306
The Relationship between Non-Financial Performance and Financial Performance Using Balanced Scorecard Framework: A Research in Cafe and Restaurant Sector
,
Josua Tarigan1
,
- 1Business Accounting Program, Accounting Department, Petra Christian University.
- 2Hospitality Management Program,Management Department, Petra Christian University.
Abstract
This research conducted a study on non-financial performance relationship with a financial performance. The framework used is the Balanced Scorecard. Non-financial performance is represented by employee satisfaction, service quality and customer satisfaction, while financial performance is represented by the profitability. In this research, the data collection is done by distributing questionnaires to 794 employees and customers in 55 restaurants and cafés in Surabaya-Indonesia which adopt the table service concept. The Partial Least Square for Multivariate Analysis is employed for processing the data. The result of this research is useful to be able to explore more deeply the relationship between each of the non-financial and the financial performance.
Keywords
- Employee Satisfaction
- Profitability
- Partial Least Square
How to Cite
Devie, Josua Tarigan, and Deborah Christine Widjaja, "The Relationship between Non-Financial Performance and Financial Performance Using Balanced Scorecard Framework: A Research in Cafe and Restaurant Sector," International Journal of Innovation, Management and Technology, vol. 3, no. 5, pp. 614-618, 2012. https://doi.org/10.7763/IJIMT.2012.V3.306
Copyright & License
Copyright © 2012 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).