Mr Thabit H. Thabit lecturer in Accounting Department\Cihan University-Erbil Published a paper entitled
“APPLYING FUZZY LOGIC TO EVALUATE THE BSCS PERFORMANCE FOR A RANDOM PRIVATE IRAQI BANKS GROUP” in International Journal of Banking, Finance and Digital Marketing
Click Here: http://www.arseam.com/content/volume-1-issue-1-oct-dec-2015-0
The bank managers must measure the performance of their activities, measuring the performance by Balanced Scorecard of banks is very important for the investors and decision makers. Evaluating the performance of the banks that measured by BSC has uncertainly values because of the uncompleted and linguistic information. Fuzzy logic can give the solution for these problems. Functions of fuzzy logic can transfer the values of uncompleted and linguistic information to classical values. for that, the combination between BSC and Functions of fuzzy logic is very useful to get the true vision about the performance of the bank and to let the managers make the best strategies for their banks. In this paper, a new method is applied to solve the up mentioned problem using the fuzzy functions embedded in the MatLab program.
Keywords: Fuzzy Logic, Balanced Scorecard, Performance, Linguistic Values, Classical Values.