From privatised to hybrid corporatised higher education: A global financial management discourse

Parker, L. D. (2012) From privatised to hybrid corporatised higher education: A global financial management discourse. Financial Accountability and Management, 28(3), pp. 247-268. (doi: 10.1111/j.1468-0408.2012.00544.x)

Full text not currently available from Enlighten.

Abstract

This study addresses the emerging financial management focus of publicly and privately funded universities in the global marketplace, focusing on their financial management strategies. Despite regional and national differences, both public and private universities are found to exhibit a global trend towards operating as predominantly market funded commercial organisations. In many countries this reflects the insinuation of New Public Management philosophies into university missions and strategies. University objectives show signs of serving an underlying financial imperative often driven by constrained government funding of higher education and the expansion of private higher education institutions. Revenue expansion through mass education and engagement in the education export trade emerge as primary financial management strategies for a self-generating profit oriented business model of higher education.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Parker, Professor Lee
Authors: Parker, L. D.
College/School:College of Social Sciences > Adam Smith Business School > Accounting and Finance
Journal Name:Financial Accountability and Management
Publisher:Blackwell Publishing
ISSN:0267-4424
ISSN (Online):1468-0408

University Staff: Request a correction | Enlighten Editors: Update this record