Relationship between government and public sector universities in the perspective of agency theory: a brief review

Zaheer Abbas, Abd Rahman Bin Ahmad, Muhammad Saeed Shahbaz and Muhammad Mujtaba Asad

International Journal of Services and Operations Management, 2021, vol. 40, issue 2, 188-202

Abstract: The aim of this study is to analyse the relationship between government and public sector universities in the perspective of agency theory and propose a theoretical framework that will highlight the various aspects of the principle and agents. In this perspective government plays a main role as principal while public sector universities are as agent and this relationship is known as agency theory. This relationship normally has two major issues such as goal conflicts and information asymmetries. Correspondingly, in this review paper, systematic approach and content analysis approach have been adopted. The reviewed literature revealed that the government provides performance based grants to the public sector universities so government have pursued some expectations from public sector universities like accountability and transparency of the funds. Similarly, it has been highlighted that to verify the relationship between government and public sector universities in the context of agency theory because there is a sheer need to conduct empirical research studies.

Keywords: agency theory; goal conflicts; information asymmetries; public universities; performance-based grant; PBG. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=118243 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijsoma:v:40:y:2021:i:2:p:188-202

Access Statistics for this article

More articles in International Journal of Services and Operations Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().