Data di Pubblicazione:
2019
Citazione:
Academic Shared Governance and Performance: Theoretical Issues and Empirical Evidence / L. Sacconi, M. Fia, G. Degli Antoni. - Milano : EconomEtica, 2019 Aug. (ECONOMETICA WORKING PAPERS)
Abstract:
In the debate surrounding various reforms in higher education systems, performance, along
with how universities should be governed, have been main issues. We argue that the demand for shared
governance, i.e., faculty participation in decision‐making vs. concentrated or top‐down decisionmaking,
is driven by the characteristics of academic transactions. Especially in universities, shared
governance prevents that the unilateral allocation of authority paves the way to the abuse of authority,
which would depress incentives to undertake optimal idiosyncratic investments in human cognitive
resources, or prevent cooperation in a context characterized by contractual incompleteness and
transactions involving multiple specific investments and coessential resources. To empirically analyze
our hypothesis, we collect original survey data of Italian universities in 2015. We find that shared
decision‐making processes are correlated with better performance.
Tipologia IRIS:
08 - Relazione interna o rapporto di ricerca
Keywords:
Universities; Governance;, Performance; Democracy; Specific investments;
Elenco autori:
L. Sacconi, M. Fia, G. Degli Antoni
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