Modern Economy

Volume 7, Issue 4 (April 2016)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

Google-based Impact Factor: 0.74  Citations  h5-index & Ranking

Analyzing the Financial Implications in Iran Bank’s Strategic Plan Using the Balanced Score Card

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DOI: 10.4236/me.2016.74046    2,189 Downloads   3,050 Views  Citations

ABSTRACT

Studying the process of annual balance sheets, interests and losses of Iran Zamin Bank in relation to other banks has a low share. Thus, the rise of guidelines in editing framework of strategic plan is necessary in this bank. The study analyzes the strategic plan of Iran Zamin Bank. It also analyzes the financial implications in balanced score card through the relationship among profitability, productivity and financial growth. We introduced two indexes for productivity. The results are as follows. There’s not any negative and significant relationship between the capitation of profit index and capitation index in terms of administrative costs comparing all costs. There’s a positive and significant relationship between the financial implication indexes and profitability index. There’s a significant and negative relationship between productivity indexes and financial growth index. Therefore, the effect of strategic plan can be evaluated by using the available tools and the organization’s performance can be assessed.

Share and Cite:

Ghadimi, H. and Nematizadeh, S. (2016) Analyzing the Financial Implications in Iran Bank’s Strategic Plan Using the Balanced Score Card. Modern Economy, 7, 419-425. doi: 10.4236/me.2016.74046.

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