Do Faculty Matter? Effects of Faculty Participation in University Decisions

Kathleen Carroll (), Lisa Dickson and Jane Ruseski

No 13-06, UMBC Economics Department Working Papers from UMBC Department of Economics

Abstract: This paper models faculty participation in university decision-making and the effects on enrollment, academic quality and non-academic quality. The model predicts that faculty participation positively academic quality and non-academic quality. The model predicts that faculty participation positively affects student enrollment and investments in academic quality. Without faculty involvment in decision making, universities may choose to overinvest in non-academic quality (e.g. athletics, recreational activities) relative to academic quality. If academic quality provides positive externalities as the economic literature indicates, then faculty involvment in decision-making is socially preferred to having decisions made only by university administrators.

Keywords: higher education; faculty governance; university decision making; incentives; nonprofit organization; public organization; organizational behavior. (search for similar items in EconPapers)
JEL-codes: D23 D73 I23 L31 L38 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2013-10
New Economics Papers: this item is included in nep-cdm, nep-cse, nep-edu and nep-sog
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.umbc.edu/economics/wpapers/wp_13_06.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:umb:econwp:1306

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in UMBC Economics Department Working Papers from UMBC Department of Economics UMBC Department of Economics 1000 Hilltop Circle Baltimore MD 21250, USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christelle Viauroux ().