The Influence of the Application of Balanced Scorecard on the Financial Performance of Enterprises

DOI

10.2991/assehr.k.210121.143How to use a DOI?

Keywords

Balanced Scorecard, Performance management, Financial performance

Abstract

As Chinese enterprises attach more importance to the management ability, more and more companies expect to optimize the management process by using the balanced scorecard, a management tool. This paper analyzes the situation and effect of applying Balanced Scorecard (BSC) in the annual reports disclosed by a listed real estate Company A from 2001 to 2019, reflects its financial performance with the changes of relevant financial indicators, and draws the conclusion that the financial performance of company A has been enhanced after applying BSC,and puts forward ssuggestions for other enterprises using the balanced scorecard, in order to make the BSC in enterprise strategic management take effect.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiaoye Fang
AU  - Xiaoting Qu
PY  - 2021
DA  - 2021/01/23
TI  - The Influence of the Application of Balanced Scorecard on the Financial Performance of Enterprises
BT  - Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020)
PB  - Atlantis Press
SP  - 717
EP  - 721
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210121.143
DO  - 10.2991/assehr.k.210121.143
ID  - Fang2021
ER  -