A performance measurement using balanced scorecard and structural equation modeling

During the past few years, balanced scorecard (BSC) has been widely used as a promising method for performance measurement. BSC studies organizations in terms of four perspectives including customer, internal processes, learning and growth and financial figures. This paper presents a hybrid of BSC a...

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Bibliographic Details
Main Authors: Rosha Makvandi, Payam Makvandi
Format: Article
Language:English
Published: Growing Science 2014-02-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol4/msl_2013_389.pdf
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author Rosha Makvandi
Payam Makvandi
author_facet Rosha Makvandi
Payam Makvandi
author_sort Rosha Makvandi
collection DOAJ
description During the past few years, balanced scorecard (BSC) has been widely used as a promising method for performance measurement. BSC studies organizations in terms of four perspectives including customer, internal processes, learning and growth and financial figures. This paper presents a hybrid of BSC and structural equation modeling (SEM) to measure the performance of an Iranian university in province of Alborz, Iran. The proposed study of this paper uses this conceptual method, designs a questionnaire and distributes it among some university students and professors. Using SEM technique, the survey analyzes the data and the results indicate that the university did poorly in terms of all four perspectives. The survey extracts necessary target improvement by presenting necessary attributes for performance improvement.
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spelling doaj.art-1d502dee050647a5a2722d388e84f4322022-12-22T03:18:36ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-02-014236336810.5267/j.msl.2013.12.015A performance measurement using balanced scorecard and structural equation modelingRosha MakvandiPayam Makvandi During the past few years, balanced scorecard (BSC) has been widely used as a promising method for performance measurement. BSC studies organizations in terms of four perspectives including customer, internal processes, learning and growth and financial figures. This paper presents a hybrid of BSC and structural equation modeling (SEM) to measure the performance of an Iranian university in province of Alborz, Iran. The proposed study of this paper uses this conceptual method, designs a questionnaire and distributes it among some university students and professors. Using SEM technique, the survey analyzes the data and the results indicate that the university did poorly in terms of all four perspectives. The survey extracts necessary target improvement by presenting necessary attributes for performance improvement.http://www.growingscience.com/msl/Vol4/msl_2013_389.pdfBSCBalanced scorecardPerformance measurement
spellingShingle Rosha Makvandi
Payam Makvandi
A performance measurement using balanced scorecard and structural equation modeling
Management Science Letters
BSC
Balanced scorecard
Performance measurement
title A performance measurement using balanced scorecard and structural equation modeling
title_full A performance measurement using balanced scorecard and structural equation modeling
title_fullStr A performance measurement using balanced scorecard and structural equation modeling
title_full_unstemmed A performance measurement using balanced scorecard and structural equation modeling
title_short A performance measurement using balanced scorecard and structural equation modeling
title_sort performance measurement using balanced scorecard and structural equation modeling
topic BSC
Balanced scorecard
Performance measurement
url http://www.growingscience.com/msl/Vol4/msl_2013_389.pdf
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