An effective incentive program for managers and the Auburn creed

Corporate governance and management control systems matter!
One of the biggest challenges for decentralized companies lies in the approach to performance measurement of its divisions or segments. Except in very small organizations, the ownership of most companies must delegate business decision making to its top managers. When this happens, it is important to have an effective corporate governance system to direct and control the actions of the managers, making sure to provide incentives that will align management’s decision making with the owners’ interests. A balanced scorecard translates top management’s strategy into performance measures (both financial and non-financial) that employees can understand and influence. When management bonuses are tied to these measures, it is even more important that a company properly align these incentives with the desired outcomes. Otherwise, it will likely end up with unintended consequences.
Consider the Auburn Creed, especially the tenet of honesty and truthfulness, and answer the discussion questions below.
The Auburn Creed
I believe that this is a practical world and that I can count only on what I earn. Therefore, I believe in work, hard work.
I believe in education, which gives me the knowledge to work wisely and trains my mind and my hands to work skillfully.
I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men.
I believe in a sound mind, in a sound body and a spirit that is not afraid, and in clean sports that develop these qualities.
I believe in obedience to law because it protects the rights of all.
I believe in the human touch, which cultivates sympathy with my fellow men and mutual helpfulness and brings happiness for all.
I believe in my Country, because it is a land of freedom and because it is my own home, and that I can best serve that country by "doing justly, loving mercy, and walking humbly with my God."
And because Auburn men and women believe in these things, I believe in Auburn and love it.
How does the establishment and use of an effective incentive program for managers align with the Auburn creed?
Generally speaking, how does the Auburn creed support use of the balanced score card in performance measurement? In other words, why is it important to combine both financial and non-financial measures when evaluating performance?
Why is the alignment of employee, management and ownership important to corporate governance in general?