TY - JOUR
T1 - Empirical Study of the Underlying Theoretical Hypotheses in the Balanced Scorecard(BSC) Model: Further Evidence from Bangladesh.
AU - Khan, Habib
AU - Halabi, Abdel
AU - Masud, Zakaria
PY - 2010/12/31
Y1 - 2010/12/31
N2 - This paper examines the underlying hypotheses of the Balanced Scorecard (BSC) which states that improvements relating to customers, learning and growth and internal processes improve the financial performance of an organization. In designing current research, the study focused on leading manufacturing and service companies based in Bangladesh and involved a structured questionnaire supported by financial data extracted from financial reports over three years. The results show that the BSC perspectives are positively correlated with each other at a statistically significant level and in a sequential way. Results also evidence that the companies that have improved their ROE and ROA had increased their efforts towards characteristics that involve the learning and growth perspective. This research has shown that Bangladeshi companies that apply a BSC model benefit from increased performance, and these findings have a number of important implications for managers and customers and contribute to our knowledge of the BSC in developing countries.
AB - This paper examines the underlying hypotheses of the Balanced Scorecard (BSC) which states that improvements relating to customers, learning and growth and internal processes improve the financial performance of an organization. In designing current research, the study focused on leading manufacturing and service companies based in Bangladesh and involved a structured questionnaire supported by financial data extracted from financial reports over three years. The results show that the BSC perspectives are positively correlated with each other at a statistically significant level and in a sequential way. Results also evidence that the companies that have improved their ROE and ROA had increased their efforts towards characteristics that involve the learning and growth perspective. This research has shown that Bangladeshi companies that apply a BSC model benefit from increased performance, and these findings have a number of important implications for managers and customers and contribute to our knowledge of the BSC in developing countries.
KW - Management Accounting, Balanced Score Card (BSC), Manufacturing sector, Service sector, Bangladesh.
U2 - <http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/72
DO - <http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/72
M3 - Article
SN - 1675-3194
VL - 5
SP - 45
EP - 68
JO - Asia-Pacific Management Accounting Journal
JF - Asia-Pacific Management Accounting Journal
IS - 2
ER -