Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies
A reasonable enterprise performance evaluation system not only is conducive to the scientific nature of enterprise internal management, but also can accurately reflect the shortcomings in development and provide effective guidance for the high-quality and efficient development of enterprises. Theref...
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2022-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2022/2247890 |
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| _version_ | 1832558417209720832 |
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| author | Xuqin Song |
| author_facet | Xuqin Song |
| author_sort | Xuqin Song |
| collection | DOAJ |
| description | A reasonable enterprise performance evaluation system not only is conducive to the scientific nature of enterprise internal management, but also can accurately reflect the shortcomings in development and provide effective guidance for the high-quality and efficient development of enterprises. Therefore, based on the relevant theories and research of performance evaluation and balanced scorecard (BSC), this paper analyzes the shortcomings of the current performance evaluation system of enterprises and the necessity and feasibility of applying BSC to design performance evaluation system. Then, we design a performance evaluation system with the characteristics of listed companies (LC). Finally, we use the analytic hierarchy process (AHP) to conduct a comprehensive performance evaluation of enterprise A and propose corresponding safeguards for the smooth implementation of the system according to the evaluation results. |
| format | Article |
| id | doaj-art-de6c60e87a6744fe8fb302b14477f4d6 |
| institution | Kabale University |
| issn | 1607-887X |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-de6c60e87a6744fe8fb302b14477f4d62025-02-03T01:32:26ZengWileyDiscrete Dynamics in Nature and Society1607-887X2022-01-01202210.1155/2022/2247890Application of Balanced Scorecard in Performance Management and Evaluation of Listed CompaniesXuqin Song0School of Shipping Economics and TradeA reasonable enterprise performance evaluation system not only is conducive to the scientific nature of enterprise internal management, but also can accurately reflect the shortcomings in development and provide effective guidance for the high-quality and efficient development of enterprises. Therefore, based on the relevant theories and research of performance evaluation and balanced scorecard (BSC), this paper analyzes the shortcomings of the current performance evaluation system of enterprises and the necessity and feasibility of applying BSC to design performance evaluation system. Then, we design a performance evaluation system with the characteristics of listed companies (LC). Finally, we use the analytic hierarchy process (AHP) to conduct a comprehensive performance evaluation of enterprise A and propose corresponding safeguards for the smooth implementation of the system according to the evaluation results.http://dx.doi.org/10.1155/2022/2247890 |
| spellingShingle | Xuqin Song Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies Discrete Dynamics in Nature and Society |
| title | Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies |
| title_full | Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies |
| title_fullStr | Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies |
| title_full_unstemmed | Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies |
| title_short | Application of Balanced Scorecard in Performance Management and Evaluation of Listed Companies |
| title_sort | application of balanced scorecard in performance management and evaluation of listed companies |
| url | http://dx.doi.org/10.1155/2022/2247890 |
| work_keys_str_mv | AT xuqinsong applicationofbalancedscorecardinperformancemanagementandevaluationoflistedcompanies |