Options of the Sustainability Aspects Implementation into the Balanced Scorecard Concept

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F16%3A43928756" target="_blank" >RIV/49777513:23510/16:43928756 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Options of the Sustainability Aspects Implementation into the Balanced Scorecard Concept

Original language description

Neither in the academic sphere nor in professional practice there is a general agreement on the understanding and definition of the terms sustainable development and corporate social responsibility (CSR), despite the awareness of the wide range of socially responsible activities. Research exploring the impact of socially responsible activities to the corporate financial performance has been published still more intensively. The ways, how to link up the CSR concept effectively to the used performance methods in enterprise practice, are researched as well. The results of the realized quantitative research show that the Balanced Scorecard (BSC) concept (or similarly the Excellence Model) is so robust that its use in the Czech enterprise practice is not so common. In a similar way the long-term integration of sustainability aspects into the approaches to the enterprise performance management is not so common. How the data received from the research sample show, Czech manufacturing companies rarely implement the whole complex approach. They often implement only the main ideas of the concepts (Excellence Model, BSC, Total Quality Management, etc) along with a few metrics (key performance indicators) - to include social and environmental aspects within responsible behaviour (sustainability entrepreneurship). Therefore there are analyzed and evaluated the options how to implement sustainability aspects into the BSC. The BSC concept belongs to the most used performance management methods in the current practice of manufacturing companies in the Czech Republic. This paper is based on the desk research scientific method using secondary data in the field of CSR and corporate sustainable performance. Empirical research in this paper is conducted in the form of questionnaire survey. It maps the use of the BSC concept and other concepts for the performance management of medium-sized manufacturing companies with the place of business in two regions of the Czech Republic.

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

—

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 4th International Conference on Management, Leadership and Governance

ISBN

978-1-910810-85-9

ISSN

2049-6826

e-ISSN

—

Number of pages

9

Pages from-to

51-59

Publisher name

Academic Conferences and Publishing International Limited

Place of publication

Reading, United Kingdom

Event location

Saint-Petersburg Rusko

Event date

Apr 14, 2016

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

—