Studying Application of Self Financing Methods in Autonomized Vietnam Public Universities

Author(s):  
Ngo Thu Giang

The study analyizes practical experience of funding sources of public universities in Vietnam, appraises structure of funding sources applied in autonomized Vietnam public universities; reviews funding experiences of public universities in other countries. Founded results shown that the public universities in Vietnam have mobilized funds from six sources as state budget, tuition and fee, endowment funds, amenity services, consulting services, researches and investment income. However, only three self financing sources of fund considered as subtainable, long maturity and interest rate flexibility are tuition and fee, services and investment income. Basing on analysing results, the research proposed methods to mobilize the funding sources.

Author(s):  
Francis Mukatia Asakania ◽  
Gregory S. Namusonge ◽  
Maurice Sakwa

Employment of public-private partnerships as a way of delivery of public utilities has been on the rise in the recent past. This has been driven by a number of factors, key among them being the ability of the public entity to transfer financial risk to private sector players who are better placed to mitigate such risks. The study purposed to assess the effect of financial risk on adoption of public-private partnerships in Kenyan public universities. The specific study objectives were to evaluate the influence of interest rate variability, revenue streams variability and exchange rate variability on adoption of public-private partnerships. The study employed a descriptive research design while targeting a population of 223 comprising of purposively selected employees from nine public universities. A sample size of 143 was used from whom data was collected using structured questionnaire. Data analysis employed use of both descriptive and inferential statistics. The results obtained show that interest rate variability, revenue stream variability and exchange rate variability have a statistically significant influence on adoption of public-private partnerships. On the basis of the study findings it was concluded that financial risk transfer had a significant positive influence on adoption of public-private partnerships in Kenyan public universities. It is therefore recommended that Kenyan public universities should thoroughly evaluate financial risk involved in any project before entering into public-private partnership arrangement in order to enhance value for money.


2018 ◽  
Vol 86 (2) ◽  
pp. 349-367 ◽  
Author(s):  
Sergot Jacob

Haitian higher education is changing, but is little studied. This article examines the conditions under which massification recently occurred, on the one hand, and the extent of the inadequacy of public funding since the 1980s, on the other. It highlights that despite faster mass supply to address a social demand that is also rising sharply, the meagre public funding (on average, 0.33% of gross domestic product, and 1.17% of the state budget) devoted to the financing of public universities over the last 30 years has hindered their development. In fact, despite the modest increase in the budget of public universities compared to the state budget, massification ultimately resulted in a reduction in expenditure per student, which does not help to create the conditions for an acceptable level of quality education, and deprives the sector of its ability to play an effective role in the socio-economic development process of the country by first putting itself in a position to reflect on the problems of society and on its evolution. Points for practitioners The system of virtually free studies, funded by the taxpayer, has reached its limits, while institutional mechanisms for regulating massification are essential to protect the consumer and counter the decline in the quality of education. To carve out a better position for the country on the world stage and benefit from the positive externalities of higher education, more public resources must be invested in it. The stake is therefore triple as means must be found, which must be differentiated, not only to fund the universities and the studies themselves, but also to diversify this funding given the limited resources of the state.


Author(s):  
Khalid S. Ali

One of the most important challenges facing higher education institutions in the international arena is the challenge of financing. The problems of financing are complicated by the growing trend of increasing efficiency and quality effectiveness. The research aims to uncover the problems of funding in public universities and provide future proposals that help to solve its difficulties. The research problem stems from the problem of deficit in the budgets of public university education and its high cost and funding difficulties facing increasing expenditure because of its dependence on the general budget of the state. The research was based on the basic hypothesis that "the adoption of public universities on a variety of funding sources will help to solve the difficulty of funding through the model and proposals adopted to develop sources of funding and rationalization of spending”. The research concluded a number of conclusions, the most prominent of which were Increasing the need of public universities for financial resources to meet their various needs, Poor efficiency of funding management in public universities, and the adoption of financing of university education almost entirely dependent on the state budget. Based on the results, the recommendations of the research are the need to review the method used in the preparation of budgets as it is the basis in the process of controlling revenues and directing expenditures, as well as the need to link government support to universities achievements, and make universities production centers and through the application of the concept of productive university and work on increasing Efficiency of spending through the optimal use of human competencies and technology.


Author(s):  
Olena Pikaliuk ◽  
◽  
Dmitry Kovalenko ◽  

One of the main criteria for economic development is the size of the public debt and its dynamics. The article considers the impact of public debt on the financial security of Ukraine. The views of scientists on the essence of public debt and financial security of the state are substantiated. An analysis of the dynamics and structure of public debt of Ukraine for 2014-2019. It is proved that one of the main criteria for economic development is the size of public debt and its dynamics. State budget deficit, attracting and using loans to cover it have led to the formation and significant growth of public debt in Ukraine. The volume of public debt indicates an increase in the debt security of the state, which is a component of financial security. Therefore, the issue of the impact of public debt on the financial security of Ukraine is becoming increasingly relevant. The constant growth and large amounts of debt make it necessary to study it, which will have a positive impact on economic processes that will ensure the stability of the financial system and enhance its security.


2018 ◽  
Vol 8 (2) ◽  
pp. 32-50
Author(s):  
Emmanuel Olorunleke Eseyin

The paper investigated the perceived influence of students’ demographic variables on their access to financial aids in public Universities in Rivers State, Nigeria. Six questions were formulated to guide the study and five hypotheses tested at 0.05 level of significance. The design adopted for the study was an analytical survey. The population of the study included 78, 216 students (34,997 male and 43,219 female) in the three public Universities in Rivers State. The sample of the study covered 791 students (Male= 395 and Female= 396) selected through the random sampling technique while Taro Yamane method of sample size determination was used for determining the sample size. The instruments used for collecting responses from students were questionnaire and a ten items interview schedule. The research questions were answered using frequency, percentage and cumulative percentage. Findings of the study revealed that students’ demographic variables have an influence on their access to financial aids in public Universities in Rivers State, Nigeria. The implication of this is that the government’s expenditure on education will continue to increase in the absence of these alternative financial aids in the public Universities in Rivers State, Nigeria.


2019 ◽  
Vol 3 (III) ◽  
pp. 199-211
Author(s):  
Stella Gati Maroa ◽  
Mary Namusonge

Strategic innovation is a strategic tool that can be used to align the institution’s resources and capabilities with opportunities in the external environment in order to enhance survival and long term success of the organization.  Innovation promotes use of technology consequently impacting positively on service delivery. Public universities reforms have been a necessary and on-going policy objective for the Government of Kenya. Innovation as one of the approaches to the reforms is intended to induce an overhaul the public university system to better serve the needs of both government and the citizens with improved delivery of public services. In Kenya technology in public institutions has not been effectively used to enhance service delivery more so institutions where technology use has been embraced, its impact on service delivery has not been assessed effectively. This study applied the institutional theory, diffusion of innovation theory and stakeholders theory of management to determine how strategic innovation at Kenyatta University impacts on service delivery. The general objective of this study therefore was to determine the effect of strategic innovation on service delivery in Kenyatta University. Specific objectives included finding out the influence of eLearning, online student registration and use of e-messaging services on service delivery in Kenyatta University. A population of 72,000 students admitted to Kenyatta University was used from which random sampling was conducted to a sample of 200 students using Nassiuma’s formula. Data was collected by disbursing physically the questionnaires to the students. Descriptive and regression analysis was conducted using SPSS 22 to provide findings on the study. The study conducted a multiple regression analysis to estimate the model for the study. The study had a coefficient of correlation R of 0.912 an indication of strong of correlation between the variables and a coefficient of adjusted R2 was 0.814.This means that there was a significant correlations between the variables and service delivery at Kenyatta University however other factors that are not considered in the research paper contribute approximately 18.6% of the service delivery at Kenyatta University. Therefore, a very extensive further research is highly required to investigate and come up with other factors of the viability to service delivery at Kenyatta University. The study concluded that the strategic innovation of the public universities ranges from the products and services offered and is determined by the technology that is revolutionizing the current global world and has improved the service delivery at Kenyatta University. A strategic innovation brings a lot of advantages and has a great impact on human and business daily life. Therefore, strategic innovation development is the best choice in helping higher institution of learning stay on track.


2021 ◽  
Vol 12 (3) ◽  
pp. s085-s107
Author(s):  
Iryna Drozd ◽  
Mariia Pysmenna ◽  
Nataliia Pohribna ◽  
Nataliya Zdyrko ◽  
Anna Kulish

The article seeks describing the benefits and challenges faced by auditors in assessing the effectiveness of public procurement procedures in terms of applying the methodology for calculating efficiency, economy and effectiveness, taking into account the risks of procurement in e-auctions. Quantitative risk parameters are calculated using data of probabilistic indicators of procurement risk assessment according to the ratio of the number of relevant procedures (sub-threshold and above-threshold) to the total number of procurement procedures. Statistical valuation methods are used for the cost risk assessments and calculation of the aggregate risk indicator of public procurement. The calculations are performed using the data of the open e-procurement system ProZorro for all announced procurements in 2018-2019. We analyzed the methods, indicators and the extent to which the study of the public procurement effectiveness via bibliographic and case studies is performed. As a result, the majority of methods cover four components of assessing the public procurement efficiency - targeted efficiency, cost-effectiveness, organizational efficiency, efficiency of budget expenditures for public procurement. This does not provide an assessment of the automated systems’ impact on the procurement procedures results and on possible savings due to the use of certain procurement procedures. To comprehensively assess the procurement efficiency in e-bidding, the authors propose considering four key risks: the risk of cancellation of the procurement procedure, the risk that the procurement procedure will not take place, the risk of appealing the procurement, the risk of disqualification. As a result of risks calculations under the sub-threshold and above-threshold procurement, individual values of risks and their aggregate indicator are determined. This will adjust the scope of audit procedures to verify individual procurements and identify weaknesses in the procurement management system. We believe that the methodology of auditing the procurement effectiveness, taking into account the quantitative and qualitative parameters of procurement risks, will be a useful audit tool to determine the effectiveness of the use of public funds under individual procurements and identify areas of cost-effectiveness for the state budget funds.


2004 ◽  
Vol 43 (1) ◽  
pp. 95-98 ◽  
Author(s):  
Faiz Bilquees

Commissioned by the Council of Social Sciences (COSS), this volume evaluates the seventeen social sciences departments in the public universities in Pakistan for a given set of parameters. The social sciences departments or the topics covered in this volume and their respective authors include: Teaching of International Relations in Pakistani Universities (Rasul Bakhsh Rais); Development of the Discipline of Political Science in Pakistan (Inayatullah); The Development of Strategic Studies in Pakistan (Ayesha Siddiqa); The State of Educational Discourse in Pakistan (Rubina Saigol); Development of Philosophy as a Discipline (Mohammad Ashraf Adeel); The State of the Discipline of Psychology in Public Universities in Pakistan: A Review (Muhammad Pervez and Kamran Ahmad); Development of Economics as a Discipline in Pakistan (Karamat Ali); Sociology in Pakistan: A Review of Progress (Muhammad Hafeez); Anthropology in Pakistan: The State of [sic] Discipline (Nadeem Omar Tarar); Development of the Discipline of History in Pakistan (Mubarak Ali); The Discipline of Public Administration in Pakistan (Zafar Iqbal Jadoon and Nasira Jabeen); Journalism and Mass Communication (Mehdi Hasan); Area Studies in Pakistan: An Assessment (Muhammad Islam); Pakistan Studies: A Subject of the State, and the State of the Subject (Syed Jaffar Ahmed); The State of the Discipline of Women’s Studies in Pakistan (Rubina Saigol); Peace and Conflict Resolution Studies (Moonis Ahmar and Farhan H. Siddiqi); and Linguistics in Pakistan: A Survey of the Contemporary Situation (Tariq Rahman).


Author(s):  
Ciro Murayama Rendón

El Dr. Ciro Murayama Rendón abre esta ponencia haciendo alusión a la transparencia como una obligación no únicamente de las universidades públicas, sino también de las privadas, afirmando que estas últimas deben reorientar su compromiso para con la ciudadanía y ahondar en la rendición de cuentas a la sociedad desde su organización, hasta sus modos de financiamiento y costos reales. El resto del documento describe un decálogo de obligaciones de transparencia en las universidades que el autor propone, partiendo de la idea de que la universidad ha sido un espacio opaco, cerrado a la crítica y autocrítica, y de que existen aspectos básicos que deben estar considerados en materia de transparencia y acceso a la información en las universidades, tanto públicas como privadas.AbstractCiro Murayama Rendón opens this lecture doing reference to the transparency like an obligation not only of the public universities, but also of the prevailed ones, affirming that these last ones must reorient their commitment towards the citizenship and go deep in the accountability to the society from their organization, their ways of financing and real costs. The rest of the document describes a Decalogue of obligations of transparency in universities that the author proposes, starting off of idea that university has been an opaque space, closed to critic and self-criticism, and of which basic aspects exist that must be considered in the matter of transparency and access to the information in the universities, as much public as prevailed.


2019 ◽  
Vol 7 (1) ◽  
pp. 461-468 ◽  
Author(s):  
Azam Abdelhakeem Khalid ◽  
Hazianti Abdul Halim ◽  
Adel M. Sarea

Purpose of the study: It is the goal of this study to explore selected Malaysian public universities undergraduates’ awareness and knowledge level of internal Shariah audit. Methodology: The research used the quantitative approach of the survey. A survey was administrated to undergraduate students in accounting and finance programs in selected Malaysian public universities. Main Findings: The results of this research may indicate the level of knowledge and awareness among accounting students in selected Malaysian public universities. The outcomes of this research could serve as a reference point for the public universities, regulatory and professional bodies in evaluating the execution of a complete internal Shariah audit’s framework. This research will help to enhance the accounting courses offered by selected Malaysian public universities. Applications of this study: This research may provide the accounting students and professional accountants the understanding of the importance of internal Shariah auditing in Malaysian IFIs. Novelty/Originality of this study: Awareness of Internal Shariah Auditing in public universities in Malaysia has not been extensively studied.


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