Proceedings of 9th Asian Business Research Conference 20-21 December, 2013, BIAM Foundation, Dhaka, Bangladesh ISBN: 978-1-922069-39-9 Institutional Contradictions and the Role of Institutional Entrepreneurs in Changing Performance Measurement Practices: A Case from Bangladesh Habib-Uz Zaman Khan*, Monir Mir** and Mohobbot Ali** The aim of this study is to understand how institutional contradictions lead to introduce innovative performance management techniques (Dashboard card- a multi-dimensional performance measurement system (MPMS) and how that was enacted by the role of change agent in an organisation. The paper is based on a longitudinal field study in a Bangladeshi commercial bank conducted over a period of two years. The study reveals that Bangladeshi Government initiatives for reforms have resulted in an inconsistent notion of banks’ performance that leads to institutional contradictions. The Managing Director (MD) in this case study successfully balanced between these notions of performance and pursued a new degree of institutional arrangement (the implementation of a MPMS). This new arrangement was ultimately enacted through leadership skill, the power relationships and as a result of support from other key actors. The successful initiative was facilitated by the strong institutional contradictions of the case bank and the MD tended to become the key transformational leader within the organisation. Keywords: Institutional Contradictions, Institutional Entrepreneurship, Institutional Entrepreneurs, Banks, Bangladesh. _______________________________________________________________________ Habib-Uz Zaman Khan*, Macquarie University, New South Wales, Australia. Prof. Monir Mir**, University of Canberra, Australia. Dr. Mohobbot Ali**, University of Canberra, Australia.