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A study on balanced scorecard and its impact on sustainable development of renewable energy organizations; a mediating role of political and regulatory institutions

2021Journal article Open access
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dc.contributor.authorRafiq, Muhammad
dc.contributor.authorMaqbool, Saif
dc.contributor.authorMartins, José Moleiro
dc.contributor.authorMata, Mário Nuno
dc.contributor.authorDantas, Rui Miguel
dc.contributor.authorNaz, Shumaila
dc.contributor.authorCorreia, Anabela Batista
dc.date.accessioned2021-07-02T09:55:46Z
dc.date.available2021-07-02T09:55:46Z
dc.date.issued2021
dc.description.abstractOrganizational strategic programs are continuously evolving and gaining the attention of policy makers in order to construct organizations’ ecological and socioeconomic systems. The purpose of this study is to examine the relationship between the balanced scorecard (BSC) and sustainable development involving the mediated effect of political and regulatory influence. To achieve the core objectives of the research, the quantitative (positivism) research method is applied. The goal of the current research is made possible through the quantitative method because of its objective nature of reality. A total of 320 questionnaires were distributed among the different levels of managers; 280 respondents returned the questionnaire. The data are analyzed through a modern statistical tool called Smart-PLS, Partial Least Squares (PLS) is high graphical user interference software that is used to calculate Structural Equation Modeling (SEM) through PLS path modeling. Factor analysis is conducted to eliminate the variables that have no contribution and to reduce the variables to obtain better results in regression. The implications are for energy organizations that are struggling to deal with sustainable development and these tools can help them to achieve their sustainability goals. The study concludes that the adoption of BSC is essential to ensure sustainable development regardless of its challenges. Moreover, consideration of meta-constitutional rules as political influence is important to understand and address in order to mitigate financial loss. In nutshell, the use of BSC is highly recommended to eliminate the routine problems and to ensure environmental sustainability.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationRafiq, M., Maqbool, S., Martins, J. M., Mata, M. N., Dantas, R. M., Naz, S., & Correia, A. B. (2021). A study on balanced scorecard and its impact on sustainable development of renewable energy organizations ; a mediating role of political and regulatory institutions. Risks, 9(6). doi.: 10.3390/risks9060110pt_PT
dc.identifier.doi10.3390/risks9060110pt_PT
dc.identifier.issn2227-9091
dc.identifier.urihttp://hdl.handle.net/10400.15/3510
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relation.publisherversionhttps://www.mdpi.com/2227-9091/9/6/110pt_PT
dc.subjectBalanced scorecardpt_PT
dc.subjectPolitical and regulatory influencept_PT
dc.subjectSustainable development and environmental sustainabilitypt_PT
dc.titleA study on balanced scorecard and its impact on sustainable development of renewable energy organizations; a mediating role of political and regulatory institutionspt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.issue6pt_PT
oaire.citation.titleRiskspt_PT
oaire.citation.volume9pt_PT
person.familyNameMata
person.givenNameMário Nuno
person.identifier1403614
person.identifier.ciencia-idFA13-1761-4192
person.identifier.orcid0000-0003-1765-4273
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationda64bac4-a291-4dce-a167-d33ef827bce3
relation.isAuthorOfPublication.latestForDiscoveryda64bac4-a291-4dce-a167-d33ef827bce3

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