ERIC Number: EJ892717
Record Type: Journal
Publication Date: 2010-Jul
Corporate Governance: Can Universities Learn from the Private Sector?
Perspectives: Policy and Practice in Higher Education, v14 n3 p86-90 Jul 2010
Corporate governance has several objectives: growth, transparency, leadership, social responsibility and trust, as well as the protection of shareholders and company assets. It also plays a key role in determining a company's control environment. In this article, the author takes a closer look at corporate governance in the private sector, focusing specifically on the banking sector because people--even as lay persons--have had ample opportunity to witness how well or how badly governance has worked in recent years. Only when people know why things did not work the way most shareholders had expected or hoped will they be able to draw conclusions for the higher education sector--assuming they consider both sectors' governance structures to be comparable.
Descriptors: Higher Education, Private Sector, Governance, Social Responsibility, Leadership, Trusts (Financial), Universities, Banking, Foreign Countries
Routledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site: http://www.tandf.co.uk/journals
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Authoring Institution: N/A
Identifiers - Location: Germany; United Kingdom