European Financial and Accounting Journal 2013, 8(3):116-132 | DOI: 10.18267/j.efaj.110

Motivation of Czech Employees by the Balanced Scorecard of the Multinational Company - an Empirical Study

Barbora Janasová
Ing. Barbora Janasová - PhD student; Department of Financial Accounting and Auditing, Faculty of Finance and Accounting, University of Economics, Prague, W. Churchill Sq. 4, 130 67 Prague 3, Czech Republic; .

The aim of this paper is to review if the implemented balanced scorecard is an efficient way to motivate people and increase their work effort. The empirical research had been conducted in one of the big multinational companies. Balanced scorecards for such companies are mainly driven by global, strategic measures. It is questionable, if employees of the Czech local branch are interested and motivated by the global results. Perhaps, it would make more sense to put emphasis on the individual performance measures in this case. Such questions and answers are part of the empirical study conducted for this paper.

Keywords: Balanced scorecard, Employee motivation, Incentives
JEL classification: M40, M52

Published: October 1, 2013  Show citation

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Janasová, B. (2013). Motivation of Czech Employees by the Balanced Scorecard of the Multinational Company - an Empirical Study. European Financial and Accounting Journal8(3), 116-132. doi: 10.18267/j.efaj.110
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