Chemico: Evaluating performance based on the Balanced Scorecard

Monte Wynder

doi:10.1016/j.jaccedu.2011.03.006

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Chemico: Evaluating performance based on the Balanced Scorecard

Journal article

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Chemico: Evaluating performance based on the Balanced Scorecard

Monte Wynder

Journal of Accounting Education, Vol.28(3-4), pp.221-236

2010

DOI: https://doi.org/10.1016/j.jaccedu.2011.03.006

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Abstract

balanced scorecard

strategy map

performance evaluation

sustainability

environmental performance measurement

For the past decade Chemico Inc. has been pursuing a successful strategy producing an innovative type of plastic that is replacing steel in the production of cars. Chemico has plants around the world, and demand continues to grow. Operations have recently commenced at three new plants in China. You have obtained performance data for the three plants in the form of a Balanced Scorecard (BSC) in which each manager's performance is compared against the company's targets. As the Financial Controller for Chemico it is time for you to evaluate the three plant managers and distribute the bonus pool between them.

Details

Title: Chemico: Evaluating performance based on the Balanced Scorecard
Authors: Monte Wynder (Author) - University of the Sunshine Coast - Faculty of Business
Publication details: Journal of Accounting Education, Vol.28(3-4), pp.221-236
Publisher: Pergamon
Date published: 2010
DOI: 10.1016/j.jaccedu.2011.03.006
ISSN: 0748-5751
Organisation Unit: School of Business and Creative Industries; University of the Sunshine Coast, Queensland; USC Business School - Legacy
Language: English
Record Identifier: 99449245902621
Output Type: Journal article

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