Einsatzmöglichkeiten der Balanced Scorecard zur Ratingoptimierung von mittelständischen Unternehmen in Hinsicht auf Basel II

Diplomarbeit aus dem Jahr 2005 im Fachbereich BWL - Unternehmensführung, Management, Organisation, Note: 1,0, International School of Management, Standort Dortmund , 129 Quellen im Literaturverzeichnis, Sprache: Deutsch, Abstract: The 2nd Basel conventions – which will come to force in early 2007 – as well as generalchanges in the credit ...

Diplomarbeit aus dem Jahr 2005 im Fachbereich BWL - Unternehmensführung, Management, Organisation, Note: 1,0, International School of Management, Standort Dortmund , Sprache: Deutsch, Abstract: The 2nd Basel conventions – which will come to force in early 2007 – as well as generalchanges in the credit policy and German Bank regulations are leading to a change inthe credit rating procedures. The upcoming and increasingly relevant new credit ratingsystems will analyze quantitative and quantitative aspects of the treated company andthus will create new needs of adjustment for German small and medium sized enterprises(SME). From the point of view of the SME – which represent the majority ofGermany’s business environment – it will be necessary to prepare and optimize themselvesin accordance to these new requirements in order to stay competitive and to assurefuture access to loans and external finance. The Balanced Scorecard, a holistic –qualitative as well as quantitative oriented – management system represents a perfectlyfitting tool to optimize SME in order to adapt to these new requirements and toimprove the companies rating results. The following study develops a theoretical and innovative three-step-approach to usethe Balanced Scorecard in order to optimize SME in accordance to the describedchanges. Based on several interviews with credit rating experts the approach concludesthat a company’s rating results can be optimized by the act of implementing the BalancedScorecard as a management tool alone (step I). Furthermore, the goal systemof the individual scorecard can be optimized in order to improve critical aspects of theevaluation (step II). Finally, the rating result could be enhanced by implementing a ratingperspective within the goal system of the Balanced Scorecard (step III).