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Motivation of Czech Employees by the Balanced Scorecard of the Multinational Company - an Empirical Study

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  • Barbora Janasová

Abstract

The aim of this paper is to review if the implemented balanced scorecard is an efficient way to motivate people and increase their work effort. The empirical research had been conducted in one of the big multinational companies. Balanced scorecards for such companies are mainly driven by global, strategic measures. It is questionable, if employees of the Czech local branch are interested and motivated by the global results. Perhaps, it would make more sense to put emphasis on the individual performance measures in this case. Such questions and answers are part of the empirical study conducted for this paper.

Suggested Citation

  • Barbora Janasová, 2013. "Motivation of Czech Employees by the Balanced Scorecard of the Multinational Company - an Empirical Study," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2013(3), pages 116-132.
    • Handle: RePEc:prg:jnlefa:v:2013:y:2013:i:3:id:110
    DOI: 10.18267/j.efaj.110
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    More about this item

    Keywords

    Balanced scorecard; Employee motivation; Incentives;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

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