Evaluating the organisation's growth and success solely based on financial indicator is insufficient in today's business which is dynamic and competitive particularly in the manufacturing industries. The multidimensional performance measurement system that includes both the financial and...

The aim of this study was to determine the contributions of the balanced scorecard (BSC) methods to identify the relationship between the objectives and activities and examine how the BSC should be formed in a manufacturing company. The BSC framework was examined via a case study in a yarn...

Reward systems based on balanced scorecards typically connect pay to an index, i.e. a weighted sum of multiple performance measures. We show that such an index contract may indeed be optimal if performance measures are non-verifiable so that the contracting parties must rely on self-enforcement....