The Impact of Corporate Governance Practices on Improving Accountability and Transparency and Sustainable Development in the Egyptian Higher Education Institutions

In this paper, a self-evaluation tool is developed to allow educators and Higher Education Institutions to assess their efforts in pursuing Education for Sustainable Development. The composite index here proposed allows the individual components that contribute to the pursuit of sustainability in education to be grasped in isolation and, at the same time, provides an overall evaluation measure of all the elements taken into consideration. The index is based on the identification of elements that measure the efficiency of the allocated expenditure. At the same time, it encompasses measures of the impact and perception of sustainability concept by staff and students. Albeit in a laborious way, the application of the tool leads to an unbiased assessment of education for sustainable development results. This composite indicator can be used in a replicative manner elsewhere and offers the advantage of being able to carry out comparative evaluative analyses. This is due to its adaptive flexibility.

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Corporate governance effectiveness and value added at South African higher education institutions: A registrar’s view

Journal of Economic and Financial Sciences ◽

10.4102/jef.v5i2.289 ◽

2012 ◽

Vol 5 (2) ◽

pp. 351-372

Author(s):

Karin Barac ◽

Ben Marx

Keyword(s):

Higher Education ◽

South Africa ◽

Corporate Governance ◽

Higher Education Institutions ◽

Strong Support ◽

Value Added ◽

Institutional Leadership ◽

Governance Effectiveness ◽

Governance Practices ◽

South African Higher Education

Higher education institutions are faced with many challenges in fulfilling their core mandate of teaching, research and community engagement. To achieve this, strong, sound and visionary institutional leadership is required, which should be embedded in sound corporate governance practices. The study aims to ascertain what registrars’ views on the effectiveness and value added by current corporate governance practices of higher education institutions (HEIs) in South Africa are. This was done through a literature review and supported by empirical evidence obtained from questionnaires addressed to registrars of public HEIs in South Africa, as well as follow up interviews held with participants. The study found strong support for sound corporate governance practices at HEIs in South Africa, and also indicates that these institutions are complying with and adhering to this, although room for improvement exists in certain areas. The value added to and contributions to corporate governance effectiveness by student representative council members and institutional forums were also investigated, and it was found that the evolving corporate governance role of the registrar, over and above the traditional academic and student affairs responsibilities, enjoyed much support. Additional reporting responsibilities, in accordance with current corporate governance developments, were identified as areas not meeting expectations.

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Corporate governance practices at higher education institutions in South Africa

Journal of Economic and Financial Sciences ◽

10.4102/jef.v1i2.363 ◽

2007 ◽

Vol 1 (2) ◽

pp. 105-122

Author(s):

Ben Marx

Keyword(s):

Higher Education ◽

South Africa ◽

Corporate Governance ◽

Higher Education Institutions ◽

Education Sector ◽

Regulatory Requirements ◽

Strict Adherence ◽

Governance Practices ◽

Sound Management

South Africa boasts a vibrant higher education sector, with more than a million students enrolled in its higher education institutions. These institutions constitute highly complex organisations, with many and varied stakeholders and with budgets running into hundreds of millions of rands. Sound management and strict adherence to corporate governance principles and practices are essential to the success of these institutions. This will include the establishment of a well-balanced, independent and diligent council, as well as properly constituted and effective sub-committees of council. Of these sub-committees, the audit and finance committees are sure to play a pivotal part in ensuring financial discipline and adherence to sound corporate governance principles and practices. The principal aim of this paper will be to focus on the basic governance-regulatory requirements of higher education institutions in South Africa, and to benchmark these requirements against the corporate governance principles and practices required by King II.

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Do Spanish Students Become More Sustainable after the Implementation of Sustainable Practices by Universities?

Sustainability ◽

10.3390/su12187502 ◽

2020 ◽

Vol 12 (18) ◽

pp. 7502

Author(s):

Leyla Angélica Sandoval Hamón ◽

Ana Paula Martinho ◽

M. Rosário Ramos ◽

Cecilia Elizabeth Bayas Aldaz

Keyword(s):

Higher Education ◽

Sustainable Development ◽

Repeated Measures ◽

Online Survey ◽

Higher Education Institutions ◽

Three Dimensions ◽

Sustainable Solutions ◽

Attitudes And Behaviors ◽

And Behaviors ◽

The Impact

Higher Education Institutions (HEIs) are a critical component to develop and promote sustainable solutions for both society and the planet. A challenge to HEIs is to provide students with the knowledge and skills required to achieve Sustainable Development (SD), as they are important stakeholders. In order for a person to take responsibility for a sustainable future, it is not only important to implement SDs in higher education, but to follow the progress of the individuals’ awareness of the sustainable world and lifestyle. This study aimed to analyze students of Universidad Autónoma de Madrid (UAM), focusing on their attitudes, behaviors, and level of knowledge concerning education for sustainable development (ESD), to better understand the situation of students in terms of learning and applying sustainability. The students’ perception of the University practices and initiatives, as well as pedagogical methodologies for promoting and learning SD, were also examined. An online survey was applied to undergraduate students from several faculties at UAM, and a sample of 504 students returned from a total population of 30,000 students. Descriptive and inferential analyses were carried out and included Chi-square tests, correlation analyses, and ANOVA analyses for independent and repeated measures. The results reveal good levels for the three dimensions (global Index > 3.5), with consistency demonstrating the highest correlation between attitudes and behaviors, although differences between faculties were identified. Knowledge has the highest score among all faculties. In addition, the results point to a need to better communicate the initiatives promoted, as well as to realign some learning methodologies with students’ preferences. The most important contributions of the paper are as follows: Shedding fresh light on the knowledge, attitudes, and behavioral dispositions of university students and improving strategies concerning education in higher education institutions. Furthermore, it is relevant to say that UAM has pushed sustainability in environmental management and education, so it is also important to assess the impact of these initiatives. Our research aimed to help understand how students incorporate sustainability into their attitudes and behaviors, and whether this incorporation depends on the type of faculty. It also makes it possible to verify whether the sustainability measures implemented by universities are identified and applied by their students.

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COVID-19, sustainable development and higher education: towards a recovery path

International Journal of Sustainability in Higher Education ◽

10.1108/ijshe-10-2020-0364 ◽

2020 ◽

Vol 22 (1) ◽

pp. 138-141

Author(s):

Walter Leal Filho

Keyword(s):

Higher Education ◽

Sustainable Development ◽

Design Methodology ◽

Higher Education Institutions ◽

Content Type ◽

The Impact ◽

Perspective Analysis ◽

Practical Implications ◽

Different Levels

Purpose This paper aims to outline the impact of the COVID-19 pandemic to universities and how they may react. Design/methodology/approach A description of the impact of the COVID-19 pandemic to higher education institutions is presented at different levels. Findings Even though the COVID-19 pandemic affects higher education institutions in many ways, there are some measures which may be undertaken to mitigate its impacts. Practical implications The measures suggested may assist universities at present, and in future recovery efforts. Originality/value The value of the paper resides on a multi-perspective analysis of higher education institutions can do, as part of the recovery efforts in face of the pandemic.

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Corporate governance practices at South African higher education institutions: An annual report disclosure analysis

Journal of Economic and Financial Sciences ◽

10.4102/jef.v4i2.323 ◽

2011 ◽

Vol 4 (2) ◽

pp. 317-332 ◽

Cited By ~ 2

Author(s):

Karen Barac ◽

Ben Marx ◽

Tankiso Moloi

Keyword(s):

Higher Education ◽

Corporate Governance ◽

South African ◽

Higher Education Institutions ◽

Annual Reports ◽

Higher Education Act ◽

Governance Model ◽

Governance Practices ◽

Education Act ◽

South African Higher Education

Higher education institutions are presently facing many challenges, ranging from economic and financial constraints to social and educational issues. Accordingly, sound management and governance are essential, and this brings the governance model of HEIs more in line with business corporations. This article provides an overview of the state of governance practices at higher education institutions in South Africa, and an assessment of the corporate governance disclosures in their annual reports. This was done through a literature review of higher education developments, including a South African perspective, supported by empirical evidence obtained from assessing the annual reports of these institutions. The study found that, although most of these institutions are providing disclosure on their corporate governance structures and practices in line with the recommendations of the Higher Education Act and King II, such disclosure is often lacking in detail and could be improved.

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Relationship between Code of Corporate Governance and Corporate Financial Performance (An Empirical Study of Food Companies Listed on KSE)

GIS Business ◽

10.26643/gis.v12i4.3349 ◽

2017 ◽

Vol 12 (4) ◽

pp. 01-09

Author(s):

Asma Rafique Chughtai ◽

Afifa Naseer ◽

Asma Hassan

Keyword(s):

Corporate Governance ◽

Stock Exchange ◽

Securities And Exchange Commission ◽

Executive Directors ◽

Agency Conflicts ◽

Cross Sectional ◽

Return On Equity ◽

Governance Practices ◽

Code Of Corporate Governance ◽

The Impact

The crucial role that implementation of Code of Corporate Governance plays on protecting the rights of minorities, shareholders, local as well as foreign investors cannot be denied. Companies all over the world are required to implement their respective Code of Corporate Governance for avoiding agency conflicts between companies management and stakeholders and for assuring transparency in accountability. This paper aims at exploring the impact of implementation of corporate governance practices (designed by Securities and Exchange Commission of Pakistan) have on the financial position of companies. For explanatory variables of the study, composition of the board as per the Code of Corporate Governance that comprises of presence of independent, executive and non-executive directors has been taken into consideration. Return on equity has been taken as an indicator of firms profitability i.e. the dependent variable. For this study, companies listed on food producing sector of Karachi Stock Exchange have been screened for excogitation of the relationship. It is an empirical research based on nine years data from 2007–2015. Using Hausman Test for selecting the data analysis technique between Fixed or Random, Fixed Cross Sectional Panel Analysis has been used for analysis of the data collected. Findings indicate that presence of independent, executive and non-executive directors as per the code requirements levies a significant impact on the profitability of companies indicated by return on equity. It is, thus concluded that companies should ensure compliance with code of governance practices to reduce not only the agency issues but also to increase their profitability.

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“New Normal”: Analisis Penerimaan Menggunakan Balance Score Card

JARTIKA : Jurnal Riset Teknologi dan Inovasi Pendidikan ◽

10.36765/jartika.v3i2.303 ◽

2020 ◽

Vol 3 (2) ◽

pp. 396-402

Author(s):

Maria Florentina Rumba ◽

Margaretha P.N Rozady ◽

Theresia W. Mado

Keyword(s):

Higher Education ◽

Higher Education Institutions ◽

Normal Phase ◽

Physical Contact ◽

New Normal ◽

Face To Face ◽

Balance Score Card ◽

Score Card ◽

Pros And Cons ◽

The Impact

Abstrak: Kebiasaan manusia berubah karena adanya wabah COVID-19, hal ini berpengaruh ketika manusia masuk ke dalam fase new normal. New normal diartikan sebagai keadaan yang tidak biasa dilakukan sebelumnya, yang kemudian dijadikan sebagai standar atau kebiasaan baru yang mesti dilakukan manusia untuk dirinya sendiri maupun untuk bersosialisasi dengan orang lain. Kebiasaan baru ini pun menimbulkan pro dan kontra seiring dengan dampak yang timbul. Lembaga pendidikan tinggi merupakan salah satu yang merasakan dampak penerapan new normal. Perkuliahan yang selama ini dilakukan secara online/daring, akan kembali dilakukan secara luring/tatap muka, dengan tetap menerapkan protokol COVID-19 seperti mengenakan masker, menjaga jarak, mengenakan sarung tangan, serta tidak melakukan kontak fisik seperti berjabat tangan. Masalah yang muncul bukan hanya kecemasan orang tua terhadap anak – anaknya, tetapi bagaimana lembaga pendidikan tinggi mengatur segala sumber daya yang dimiliki agar memenuhi standar penerapan new normal. penelitian ini bertujuan untuk mengetahui penerimaan terhadap kondisi normal yang baru menggunakan Perspektif balance score card. Abstract: Human habits change because of the COVID-19 outbreak, this affects when humans enter the new normal phase. New normal is defined as a condition that is not normally done before, which is then used as a standard or new habits that must be done by humans for themselves or to socialize with others. This new habit also raises the pros and cons along with the impact arising with the new normal. Higher education institutions are the ones who feel the impact of implementing new normal. Lectures that have been conducted online / online will be re-done offline / face to face, while still applying the COVID-19 protocol such as wearing a mask, keeping a distance, wearing gloves, and not making physical contact such as shaking hands. The problem that arises is not only parents' anxiety about their children, but how higher education institutions regulate all available resources to meet new normal implementation standards. This study aims to determine acceptance of new normal conditions using the balance score card Perspective.

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Semi-Systematic Literature Review on Sustainability and Sustainable Development in Higher Education Institutions

Sustainability ◽

10.3390/su13147683 ◽

2021 ◽

Vol 13 (14) ◽

pp. 7683

Author(s):

Amila Omazic ◽

Bernd Markus Zunk

Keyword(s):

Higher Education ◽

Sustainable Development ◽

Literature Review ◽

Systematic Literature Review ◽

Higher Education Institutions ◽

Main Research ◽

Agenda 2030 ◽

Research Themes ◽

Development Goals

Public sector organizations, primarily higher education institutions (HEIs), are facing greater levels of responsibility since adopting and committing to the Agenda 2030 for Sustainable Development (SD) and its 17 Sustainable Development Goals (SDGs). HEIs are expected to provide guidance for various stakeholders on this matter, but also to implement this agenda and the SDGs in their institutions. Although the role of these organizations has been recognized, the fields and issues that HEIs should address on their path towards sustainability and SD are still unclear. To provide further clarity, a semi-systematic literature review on sustainability and SD in HEIs was conducted to identify both the key concepts and main research themes that represent sustainability and SD in HEIs and to identify research gaps. This review increases our knowledge of this topic and enhances our understanding of sustainability and SD in the context of HEIs.

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