A feature of globalisation is encouragement of universities to become more businesslike, including adoption of the type of accounting routines and regulations used by businesses. The question debated in higher education policy research is whether this focus on being businesslike is compatible with the statutory public benefit obligations of universities. This question is addressed from a financial-management perspective, drawing on Max Weber's discussion of the effects of accounting in business, governmental and not-for-profit organisations. 1 His approach is applied to three ideal-typical universities, focussing on differences in legal terms of reference and sources of funding. The article argues that the proposed reforms of public-sector accounting will make it difficult (if not impossible) to ascertain whether the publicbenefit aims of not-for-profit universities have been achieved. In addition, once installed, the business systems of accounting will encourage pecuniary rationality at the expense of the traditional value rationalities that ought to govern resource allocation in public-benefit organisations. The interaction between these effects introduces new risks, including the possibility that the controllers of universities may fail in their fiduciary obligations by wasting scarce resources on projects that, according to financial measures, appear profitable while neglecting those that have important public benefit and educational merit.
an accounting perspective
Friedrich Ratzel’s Impact on German Education from the Wilhelmine Empire to the Third Reich
Max Weber, to cite one example. 6 Similarly, the importance of the state as a human achievement was a staple of late nineteenth-century German historiography. 7 Yet, as one contemporary admirer of Ratzel noted, “Prof. Ratzel’s Anthropogeography may
Constructing and practising student engagement in changing institutional cultures
Lisa Garforth and Anselma Gallinat
change to meet established university cultures. 4 In fact, as Trowler explains, the concept derives originally from Johann Wolfgang von Goethe. Its sociological use is rooted in Hans Gerth and C. Wright Mills’s (1946) description of Max Weber’s analysis
Does Social Capital Shape Women's Lives?
Supriya Baily, Gloria Wang, and Elisabeth Scotto-Lavino
Capital The notion of social capital has roots in the writings of Karl Marx, Max Weber, and Pierre Bourdieu who frame social capital within the frameworks of resources, networks, relationships, and recognition ( Bourdieu 1986 ). This often translates
Joost Beuving and Geert de Vries
could say that good explanations are socio-scientific understandings of everyday understandings; or as Max Weber famously proposed: ‘A science which attempts the interpretive understanding of social action in order thereby to arrive at a causal