How Has a Financial Performance Evolved in Research? A Literature Review

Abstract

This research aims to present a literature review regarding developments in financial performance in the latest research in the electricity industry. This research uses a qualitative analysis approach with the Connected Paper application. The keywords used are financial performance and the electricity industry. The study found that financial performance was used in research by linking it to various aspects of corporate organization, including technological activities, innovation exploitation and exploration, alliances and performance, the importance of geographic location in exploration and exploitation, as well as environmentally friendly innovation and its driving factors. These findings also show that social, economic and environmental factors have a significant influence on environmentally friendly innovation in the long term. The originality of this research lies in the comprehensive approach taken in reviewing various related literature sources so that this research can provide important insights for readers, open up new opportunities for further research, and enrich understanding of the topic of company financial performance.