Corporate Competitiveness Index of Climate Change: A Balanced Scorecard Approach

Jae Kyu Myung, Hyoung-Tae An and Su-Yol Lee
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Jae Kyu Myung: Department of Small and Medium Enterprise Management, Korea University of Technology and Education, 1600 Chungjeol-ro, Byeoncheon-myeon, Dongnam-gu, Cheonan, Chungnam 31253, Korea
Hyoung-Tae An: Department of Tax Accounting, Ansan University, Ansandaehak-ro 155, Sangrok-gu, Ansan, Gyeonggi 15328, Korea
Su-Yol Lee: College of Business Administration, Chonnam National University, Yongbong-ro 77, Buk-gu, Gwangju 61186, Korea

Sustainability, 2019, vol. 11, issue 5, 1-16

Abstract: Climate change is one of the most critical issues in the business sector. This conceptual study proposes a corporate competitiveness evaluation model of climate change by adopting the Balanced Scorecard approach. This study provides a series of specific performance and competitiveness indicators of climate change in the four dimensions of learning and growth, internal process, external stakeholders, and finance and carbon performance. The indicators, which use both quantitative and qualitative methods, can be immediately applied in the field. This study presents practical guidelines to successfully adopt and implement the competitiveness evaluation model in an organization by considering prevalent innovation tools of business process management, process visualization, and knowledge socialization. Finally, it provides some implications for managers and policy-makers who wish to proactively address climate change in the business sector.

Keywords: corporate competitiveness; climate change; Balanced Scorecard; performance evaluation; indicators; conceptual study (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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