Balanced Scorecards: A Relational Contract Approach

ABSTRACT Reward systems based on balanced scorecards often connect pay to an index, that is, a weighted sum of multiple performance measures. We show that such an index contract may indeed be optimal if performance measures are nonverifiable so that the contracting parties must rely on self‐enforcem...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Journal of accounting research 2023-05, Vol.61 (2), p.619-652
Hauptverfasser:	KVALØY, OLA, OLSEN, TROND E.
Format:	Artikel
Sprache:	eng
Schlagworte:	Balanced Scorecard balanced scorecards Contracts Distortion Enforcement Incentives Performance evaluation performance measures relational contracts Rewards
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!