Balanced Scorecard: for State-owned Enterprises: Driving Performance and Corporate Governance

Abstract

Balanced Scorecard: for State-owned Enterprises: Driving Performance and Corporate Governance discusses performance management and corporate governance. The book focuses on putting in place a framework for governments to strategically manage the organizations that they own and control. It introduces a methodology by which governments can (i) set strategic goals for their state-owned enterprise (SOE) sectors; (ii) measure progress toward achieving those goals; and (iii) stimulate their SOEs to improve performance through improved performance management. This publication represents an attempt to focus attention on the responsibilities of governments to maximize the financial and nonfinancial performance of enterprises entrusted to their control. Finally, the book presents eight different case examples in which this methodology is applied. These cases range from a national government operating through an agency to state-owned holding companies to individual SOEs.