CHAPTER 5

Responsible Governance and Financial Accountability: International Perspectives for the New Era

Carole Pomare and Tony Berry

Edinburgh Business School, Heriot-Watt University, Edinburgh, United Kingdom

Abstract

This chapter provides an empirical and practical approach to governance, financial accountability, governmental rules, and organizational culture through management control systems in nonprofit publicly funded higher education institutions. More specifically, this chapter focuses on the overlaps and gaps between the themes of changes in the external and internal strategic environment of the higher education industry (i.e., external and internal strategic analysis) and formal versus informal management control systems, which are ...

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