The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company

This study aims to highlight the role of the Balanced Scorecard in enhancing corporate governance, using Ain El Kebira Cement Company as a case study from 2017 to 2022. The study attempted to explore how the Balanced scorecard, as a strategic management tool, can contribute to monitoring and guid...

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Main Authors: Omar Boulahlib, Zakaria Belloulou, Smail Boulariah
Format: Article
Language:English
Published: Editura ASE 2025-07-01
Series:Revista de Management Comparat International
Subjects:
Online Access:https://www.rmci.ase.ro/no26vol3/02.pdf
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author Omar Boulahlib
Zakaria Belloulou
Smail Boulariah
author_facet Omar Boulahlib
Zakaria Belloulou
Smail Boulariah
author_sort Omar Boulahlib
collection DOAJ
description This study aims to highlight the role of the Balanced Scorecard in enhancing corporate governance, using Ain El Kebira Cement Company as a case study from 2017 to 2022. The study attempted to explore how the Balanced scorecard, as a strategic management tool, can contribute to monitoring and guiding administrative activities, thereby strengthening the principles of corporate governance by emphasizing the periodic assessment of performance across five dimensions: financial, customer, internal operations, learning and growth, and social and environmental . The study concluded that Ain El Kebira Cement Company does not have a formal corporate governance system. Instead, it implements governance practices through its independent board of directors, the adoption of independent internal and external audits, and the adoption of ISO systems (e.g., ISO 9001, ISO 14001, and ISO 45001). Furthermore, the study concluded that the adoption of the balanced scorecard by the company’s administration enhances the principles of corporate governance by establishing disclosure, transparency, and accountability, supporting the process of making operational and strategic decisions, achieving a balance between the objectives of stakeholders, and protecting the rights of shareholders .
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spelling doaj-art-73ea142dd413444d90d612052a8589742025-08-20T02:50:33ZengEditura ASERevista de Management Comparat International1582-34582601-09682025-07-0126346649010.24818/RMCI.2025.3.466The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement CompanyOmar Boulahlib0Zakaria Belloulou1Smail Boulariah2Ferhat Abbas University SetifUniversity of continuing educationUniversity BlidaThis study aims to highlight the role of the Balanced Scorecard in enhancing corporate governance, using Ain El Kebira Cement Company as a case study from 2017 to 2022. The study attempted to explore how the Balanced scorecard, as a strategic management tool, can contribute to monitoring and guiding administrative activities, thereby strengthening the principles of corporate governance by emphasizing the periodic assessment of performance across five dimensions: financial, customer, internal operations, learning and growth, and social and environmental . The study concluded that Ain El Kebira Cement Company does not have a formal corporate governance system. Instead, it implements governance practices through its independent board of directors, the adoption of independent internal and external audits, and the adoption of ISO systems (e.g., ISO 9001, ISO 14001, and ISO 45001). Furthermore, the study concluded that the adoption of the balanced scorecard by the company’s administration enhances the principles of corporate governance by establishing disclosure, transparency, and accountability, supporting the process of making operational and strategic decisions, achieving a balance between the objectives of stakeholders, and protecting the rights of shareholders .https://www.rmci.ase.ro/no26vol3/02.pdfoverall performancebalanced scorecardcorporate governance
spellingShingle Omar Boulahlib
Zakaria Belloulou
Smail Boulariah
The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company
Revista de Management Comparat International
overall performance
balanced scorecard
corporate governance
title The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company
title_full The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company
title_fullStr The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company
title_full_unstemmed The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company
title_short The Balanced Scorecard as a tool for enhancing the concept of corporate governance – A case study of Ain El Kebira Cement Company
title_sort balanced scorecard as a tool for enhancing the concept of corporate governance a case study of ain el kebira cement company
topic overall performance
balanced scorecard
corporate governance
url https://www.rmci.ase.ro/no26vol3/02.pdf
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