Employing the sustainable balanced scorecard in measuring sustainable strategic performance

Abstract

The research aims to highlight the role of the sustainable balanced scorecard as one of the strategic management accounting tools in evaluating the sustainable strategic performance of economic units, due to its inclusion on financial and non-financial indicators in addition to sustainability indicators. As a result, it absorbs all aspects of the strategic performance of economic units. For the purpose of achieving the goal of the research, a main hypothesis was formulated that the use of the sustainable balanced score card in evaluating the sustainable strategic performance of economic units enhances the value of the economic unit and evaluates the sustainable strategic performance of economic units more effectively so as to include it on financial and non-financial measures and sustainability indicators that cover all aspects of economic units. At the end of the research, the researchers reached a set of results, the most important of which is that the sustainable balanced scorecard technique is one of the most important modern techniques for strategic management accounting, which has proven its superiority over the traditional method of performance evaluation because it covers a wide area of ​​strategic performance as it includes financial and non-financial measures in addition to the associated measures. with sustainability. The researchers also recommend the necessity of providing targeted criteria or standards that help in applying the sustainable balanced scorecard technology in the Iraqi industrial companies in a way that contributes to giving a clear and comprehensive picture of the sustainable strategic performance of these companies.