The Balanced Scorecard and beyond – Applying Theories of Performance Measurement, Employment and Rewards in Management Accounting Education

International Research Journal of Management Sciences, Vol. 4(7), pp. 483-491, 2016

10 Pages Posted: 14 Oct 2016

See all articles by Paul Eisenberg

Paul Eisenberg

University of Derby; University of Portsmouth

Date Written: June 17, 2016

Abstract

This study applies the prevailing scholarly theories of strategic management, employment decisions, cost accounting and share reward schemes to a panel of questions raised by Colin Drury (2012) in the case study of the fictitious company Integrated Technology Services (UK) Ltd., ITS (UK). The paper provides model answers which can be used when working with the case study at institutions of higher education. The merit of the work lies in three areas. First, it provides an overview of theories accepted by the academia that can be utilized for further research. Second, it contrasts pro and contra arguments. Thus it shows the limitations of the very theories when applied to scenarios inspired by practical problems. Third, it develops an innovative Balanced Scorecard for ITS (UK). The scorecard can be used as an example when working with Drury’s case study. But it is also suitable for real life situations of business entities faced with oppressive overheads and deteriorating net margins, building on highly skilled workforce and trying to preserve its differentiated profile

Keywords: Balanced Scorecard, Recruiting and Outsourcing, Target Costing, Hierarchy of Needs, Hygiene Factors and Motivators, Building Block Model

JEL Classification: L21, L86, M10, M41, M52

Suggested Citation

Eisenberg, Paul, The Balanced Scorecard and beyond – Applying Theories of Performance Measurement, Employment and Rewards in Management Accounting Education (June 17, 2016). International Research Journal of Management Sciences, Vol. 4(7), pp. 483-491, 2016, Available at SSRN: https://ssrn.com/abstract=2851023

Paul Eisenberg (Contact Author)

University of Derby ( email )

Kedleston Road
Derby, Derbyshire DE22 1GB
United Kingdom

University of Portsmouth ( email )

University House
Winston Churchhill Avenue
Portsmouth, Hampshire PO1 2UP
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
270
Abstract Views
1,213
rank
138,371
PlumX Metrics