HADHARI SCORECARD: AN APPROACH TO CO-OPERATIVE SOCIETY PERFORMANCE MANAGEMENT SYSTEM
Publication Date : 01/07/2006
This paper offers a solution to the agency problems by improving the perspectives of the traditional financial statement and conventional Balanced Scorecard. It borrows the meaning of Islam Hadhari or Civilisational Islam, which is a theory of governing based on the Quran. It promotes the balancing between the material and the non¬ material civilisation in deriving a holistic system of managing organisational performance: Hadhari Scorecard. It adds to the perspective of principle value, being proxy by organisational integrity to the presently famous four perspectives of BSC: the financial, customer, internal process and learning and growth.
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