The application of balanced scorecard in the performance evaluation of newly established universities in Sri Lanka

Abstract

The purpose of the study is to determine the ability of newly established universities (NEU’s) to apply the Robert Kaplan and David Norton (1992) developed balanced scorecard (BSC) method for evaluation the overall performance. The research method of statistical analysis through a questionnaire distributed to all NEU’s and to recognition by the importance of the implementing the BSC in assessing the overall performance. The study recommended that the BSC as a means to rationalize achieving universities objectives and creating highly performed academic and research centered organization