Year 2017, Volume 3 , Issue 9, Pages 888 - 892 2017-12-27

A GENERAL PRINCIPLE OF THE DEVELOPMENT PROCESS OF BALANCED SCORECARDS AS AN INSTRUMENT OF CONTROL

Venelin TERZİEV [1] , Nikolay NİCHEV [2] , Evgeniy STOYANOV [3] , Marin GEORGİEV [4]


The content of the material reveals that the main purpose is to establish the place and role of control principles in creating modern patterns of model managerial thinking such as the Balanced Scorecard. It is for this reason that the process of creating a balanced scorecard and revealing specific control principles in its gradual development is the subject of analysis. Tracking the chronology in the process has made it possible to ascertain in more general terms why the Balanced Scorecard model is gaining more popularity and, more specifically, to see how increasing the perimeter of modular impact predetermines the transformation of the scorecard into a universal methodology for precise and effective, management control.

Balanced score card (BSC), model, control, principle
  • Stoyanov E.N., (2013) Audit – sources and institutionality, Burgas, Flat. Stoyanov E.N., (2010) FinancialControl, Burgas, LibraScorpio, p.50. Neely A., (1998) Measuring Business Performance, p.117. Stoyanov E. N., (2005) OneSuccessfulIdeainStrategicControl, Burgas, Anthey-TN, p.79. Stoyanov E.N., (2007) Methodological Aspects of the Balanced Scorecard as a Tool for Strategic Control, (dissertation) Sofia, UNWE, p.133. Stoyanov E.N., (2009) Systems of Management Control, Burgas, Libra Scorpion, p.123-125.
Journal Section Articles
Authors

Author: Venelin TERZİEV (Primary Author)
Country: Bulgaria


Author: Nikolay NİCHEV
Country: Bulgaria


Author: Evgeniy STOYANOV
Country: Bulgaria


Author: Marin GEORGİEV
Country: Bulgaria


Dates

Publication Date : December 27, 2017

EndNote %0 International E-Journal of Advances in Social Sciences A GENERAL PRINCIPLE OF THE DEVELOPMENT PROCESS OF BALANCED SCORECARDS AS AN INSTRUMENT OF CONTROL %A Venelin Terziev , Nikolay Nichev , Evgeniy Stoyanov , Marin Georgiev %T A GENERAL PRINCIPLE OF THE DEVELOPMENT PROCESS OF BALANCED SCORECARDS AS AN INSTRUMENT OF CONTROL %D 2017 %J IJASOS- International E-journal of Advances in Social Sciences %P 2411-183X-2411-183X %V 3 %N 9 %R doi: 10.18769/ijasos.367262 %U 10.18769/ijasos.367262