Stakeholder Theory Based Performance Management in Universities

The idea of balancing the stakeholders' interests in performance management is based on the fact that universities as public institutions are weak in the enforcement capability of their developmental strategies,which prevents performance management being effectively carried out.This article examines the stakeholder theory from both the macro and the micro perspectives,puts forward the notion of balancing the key stakeholders' interests in performance management,and designs the performance management system in a department of a university.