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A Case Study on the Performance Evaluation of a Not-for-Profit Organization by the Balanced Scorecard Perspectives: Focused on the Korea Shipping Association
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 Title & Authors
A Case Study on the Performance Evaluation of a Not-for-Profit Organization by the Balanced Scorecard Perspectives: Focused on the Korea Shipping Association
Pai, Hoo-Seok; Shin, Yong-John;
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 Abstract
This paper aims to examine the use of the Balanced Scorecard in a not-for-profit organization (the Korea Shipping Association). The KSA has begun using the Balanced Scorecard paradigm in its strategic planning process. In this paper an overview is presented of the basic concepts of the Balanced Scorecard including the financial perspective, customer perspective, internal process perspective, and learning and growth perspective. The accounting system and its pros and cons of the KSA are then surveyed in terms of its performance evaluation. The application of the Balanced Scorecard approach to the KSA is discussed in detail. Implications in using the Balanced Scorecard are discussed. Finally, conclusions regarding the use of the Balanced Scorecard in a not-for-profit organization are presented. Through this paper, the comprehensive understanding of the performance evaluation for not-for-profit organizations as the KSA would be promoted.
 Keywords
Not-for-Profit Organization;Performance Evaluation;Balanced Scorecard;the Korea Shipping Association;Budgetary Reporting;Fund Accounting;
 Language
English
 Cited by
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한국 해운산업의 적정부채비율 추정을 위한 실증연구: 수상운송업을 중심으로,배후석;

한국항해항만학회지, 2015. vol.39. 1, pp.69-75 crossref(new window)
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An Empirical Study on the Estimation of Adequate Debt ration in Korean Shipping Industry: Focused on Water Transport, Journal of Korean navigation and port research, 2015, 39, 1, 69  crossref(new windwow)
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