AN EVOLUTION ANALYSIS OF BALANCED SCORECARD AS A PERFORMANCE CONTROL TOOL AND ITS RELATION WITH FINANCIAL INDICATORS

Authors

  • Walter Gassenferth Instituto Brasileiro de Mercado de Capitais
  • Maria Augusta Machado Soares Instituto Brasileiro de Mercado de Capitais

Keywords:

Balanced Scorecard, Indicadores financeiros, Controle de desempenho

Abstract

This statistical descriptive study, based on a master degree dissertation and on a research conducted by Fundação Dom Cabral, presents the Balanced Scorecard evolution as an enterprise performance control tool, from 1998 to 2002, and makes a comparison between the achieved results and the evolution of traditional financial key performance indicators available, as Ebitda, EVA and CVA. The researched universe comprehends the 500 biggest private companies operating in Brazilian market, considering the classification from the Exame – Maiores e Melhores review in its June of 2000 edition. The research assumed that due to their importance, amount of resources and position engaged in Brazilian economy, these companies are leaders in business processes. The performed research was quantitative, looking for quantifiable evaluation criteria, to be used in all the questions applied. This study can be relevant to researchers in control management and performance analysis areas, as well as to organizations which considers the Balanced Scorecard only as a support tool to their strategy development and implementation.

KEYWORDS: Balanced Scorecard; Financial indicators; Performance control models.

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Author Biographies

Walter Gassenferth, Instituto Brasileiro de Mercado de Capitais

Graduado em Engenharia Elétrica com Habilitação em Telecomunicações pela Universidade Federal Fluminense. Mestre em Administração pelas Faculdades Ibmec-RJ. Gerente de Processos de Governança Corporativa da Diretoria Executiva de Processos da Embratel S.A.

Maria Augusta Machado Soares, Instituto Brasileiro de Mercado de Capitais

Mestra e doutora em Engenharia Elétrica pela PUC-RJ. Professora do Programa de Pós-Graduação em Administração e Economia das Faculdades Ibmec – RJ.

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Published

2008-08-01

Issue

Vol. 8 No. 2 (2007)

Section

Presentation

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