JMIR Publications

ABSTRACT

The study carried out to investigate the empirical effect of strategic management system on sustainable development using balanced scorecard (BSC) as theoretical lens and organizational performance as intervening variable.The study incorporated positivism research paradigm in order to address the objective nature of research. As the current study is of empirical and impartial nature hence, quantitative method was considered as the best method for achieving the research objectives of the study. The study used questionnaire as data collection instrument. Total three hundred questionnaires were disturbed in Chinese power companies based in Pakistan. Stratified-random sampling approach is adopted to reach relevant sample. Partial least squares-structural equation modeling was used for statistical analysis. BSC indicated positive significant influence on sustainable development. Additionally, organizational performance depicts partial mediation between BSC and sustainable development. The study underpins the theoretical foundation of resource base view (RBV) and balanced scorecard view of strategic management system. The findings suggest that non-financial measures have better consequences on employees’ performance especially it makes them ecologically responsive unlike, the financial performance measures which took place in past days. it is suggested to take measures relating to wastage, usage of inimitable resources should be focused on in-addition rather traditional measures who can persuade sustainable development.