Employing the Balanced Scorecard to Reduce Administrative Corruption in Organizations
摘要
The aims of this research is to examine the effectiveness of incorporating accounting procedures into the Balanced Scorecard (BSC) framework as a means of reducing managerial corruption in organizational settings. The study seeks to improve corporate openness and accountability by incorporating rigorous accounting measurements into the four perspectives of the Balanced Scorecard (BSC): financial, customer, internal processes, and learning and development. The results indicate that this integration substantially impacts reducing corruption, which is reinforced by improved financial supervision and ethical management. The research performed a comprehensive analysis of existing literature and evaluated secondary data to investigate the effects of incorporating accounting procedures into the Balanced Scorecard (BSC) framework on mitigating administrative corruption. The process included examining extant scholarly literature, industry reports, and case studies pertaining to firms that use accounting-driven Balanced Scorecards (BSCs). The research findings indicate that incorporating accounting metrics into the Balanced Scorecard (BSC) substantially reduces instances of administrative corruption. Organizations must embrace this comprehensive approach as an integral component of a wider anti-corruption strategy, placing equal emphasis on adherence to regulations and supervision while also cultivating an ethical company culture. Subsequent investigations should examine the long-term effects of these activities and consider the impact of different industry laws.