Incentive-Based Budgeting Systems in Public Universities

Incentive-Based Budgeting Systems in Public Universities

By: Edward P. St. John (editor), Douglas M. Priest (editor), William E. Becker (editor), Don Hossler (editor)Hardback

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Financial incentives play an important role in the behaviour of public institutions of higher education. Incentive-Based Budgeting Systems in Public Universities examines alternative uses of these financial incentives, and reviews the consequences of their implementation. The contributors to the book explore diverse areas including: * faculty behaviour in an incentive-based environment * effects on teaching, evaluation of decentralized approaches to budgeting * efficiency implications at the state level * the ramifications of revenue flux on institutional behaviour. Case studies from the University of Toronto, the University of Michigan and Indiana University are also presented, and the volume concludes with recommendations regarding possible implementation strategies. The first to analyse the implementation of various permutations of incentive based budgeting in public institutions of higher education, this book will be of enormous interest to policy makers, trustees, administrators and faculty members of these institutions. It will also appeal to those involved in higher education programmes offering courses in the economics and finance of colleges and universities.

About Author

Edited by Douglas M. Priest, Associate Vice Chancellor for Budgetary Administration and Planning, and Associate Professor of Educational Leadership and Policy Studies, Indiana University, US, William E. Becker, Professor of Economics, Indiana University, Bloomington, US, Adjunct Professor, School of Commerce, University of South Australia and Editor, Journal of Economic Education and Editor, Economic Research Network Educator, Don Hossler, Vice Chancellor for Enrollment Services and Professor of Educational Leadership and Policy Studies and Edward P. St. John, formerly Professor of Education, Leadership and Policy Studies, Indiana University and Director, Indiana Education Policy Center and Consulting Editor for Research in Higher Education, US


Contents: 1. Why Incentive-Based Budgeting Systems in the Public Sector and Why Now? Part I: Overview 2. The Case, if Any, for Responsibility Center Budgeting 3. The Efficiency of Responsibility Center Management within State Universities 4. Revenue Flux and University Behavior Part II: Case Studies 5. Responsibility Center Budgeting and Management at Indiana University 6. Responsibility Center Budgeting at the University of Toronto 7. Activity-Based Budgeting at the University of Michigan Part III: Effects and Lessons 8. Budget Incentive Structures and the Improvement of College Teaching 9. Reward Structures and Faculty Behavior Under Responsibility Center Management 10. Using Performance Indicators to Evaluate Decentralized Budgeting Systems and Institutional Performance 11. Incentive-Based Budgeting: An Evolving Approach Index

Product Details

  • ISBN13: 9781843761709
  • Format: Hardback
  • Number Of Pages: 264
  • ID: 9781843761709
  • ISBN10: 184376170X

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