Work

The Proposal of an Innovative Integrated BSC – DEA Model

Year: 2015

Type: article

Abstract: Data envelopment analysis has been one of the most significant management tools for measuring efficiency. On the other side, the balanced scorecard has been one of the best-known performance management tools. Several foreign studies deal with innovative approaches to a modification of the balanced scorecard and data envelopment analysis methods, frequently by the designing of new models in combination with other methods. However, there are very few studies that examine integration of these two methods and compare the obtained results. In this paper, we combine the BSC with the DEA method to obtain comprehensive performance and efficiency management system for industrial companies and their processes.

Source: Procedia Economics and Finance

DOI: 10.1016/s2212-5671(15)00375-5

Authors: Jaroslava Kádárová, Michaela Durkáčová, Katarína Teplická, Gabriel Kádár

Institution: Technical University of Košice

Language: English

Topic: Accounting and Organizational Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

Funder: Vedecká Grantová Agentúra MŠVVaŠ SR a SAV

Award: Proaktívne krízové riadenie priemyselných podnikov založené na koncepte controllingu