Financial sustainability in Malaysian public universities: coping with or embracing change?
Purpose - This paper explores the institutionalisation of a financial sustainability agenda in Malaysian public universities. Design/Methodology/Approach - The study uses semi structured interviews and document analyses. New Institutional Sociology and the institutional logics perspective are uti...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | en |
| Published: |
Emerald
2021
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/100331/8/100331_Financial%20sustainability%20in%20Malaysian%20public%20universities.pdf http://irep.iium.edu.my/100331/ https://www.emerald.com/insight/content/doi/10.1108/JPBAFM-09-2020-0157/full/pdf?title=financial-sustainability-in-malaysian-public-universities-coping-with-or-embracing-change https://doi.org/10.1108/JPBAFM-09-2020-0157 |
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| Summary: | Purpose - This paper explores the institutionalisation of a financial sustainability agenda in Malaysian public universities.
Design/Methodology/Approach - The study uses semi structured interviews and document analyses. New Institutional Sociology and the institutional logics perspective are utilised to frame the study and explain findings.
Findings - The findings reveal that universities manage the conflicting academic and financial logics to co-exist to ensure legitimacy and survival. By compartmentalising the functions of key divisions and through loose coupling, universities are able to support dual logics.
Research limitations/Implications – The paper provides university management and policy makers with insights into how leading universities in Malaysia cope with a financial sustainability agenda.
Originality/Value - The present study documents how universities cope with and respond to government reforms and budgetary cuts in the context of a developing country, Malaysia. Most prior research in the area focuses on individual or organisational responses. This paper examines organisational-level responses but goes deeper to understand how universities, through three key divisions; bursaries, corporate strategy divisions and faculties manage to enable the multiple logics to co-exist through compartmentalisation and loose coupling. |
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