University Governance and Academic Tenure: A Property Rights Explanation
AbstractThis paper provides an efficiency-based explanation for several features of university governance including academic tenure. In this model, tenure is part of a broader system of organizational governance where the non-profit status of the university requires faculty members to evaluate and monitor both university administrators and trustees. The nature of the employment contract provides the incentives for the faculty to behave as residual claimants. Tenure is necessary for faculty to be willing to assume the roles normally associated with ownership without fear or reprisal from trustees and administrators.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 153 (1997)
Issue (Month): 3 (September)
Contact details of provider:
Web page: http://www.mohr.de/jite
Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany
Find related papers by JEL classification:
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Ferris, J. Stephen & McKee, Michael, 2005. "Matching Candidates with Academic Teams: A Case for Academic Tenure," International Review of Law and Economics, Elsevier, vol. 25(2), pages 290-310, June.
- Egon Franck & Torsten Pudack & Christian Opitz, 2001. "Zur Funktion von Topmanagement-Beratungen als Karrieresprungsbrett für High Potentials," Working Papers 0003, University of Zurich, Institute for Strategy and Business Economics (ISU).
- William O. Brown, Jr., . "Faculty Participation in University Governance and the Effects on University Performance," Claremont Colleges Working Papers 1999-25, Claremont Colleges.
- Heining, Jörg & Jerger, Jürgen & Lingens, Jörg, 2007. "Success in the Academic Labour Market for Economics - The German Experience," University of Regensburg Working Papers in Business, Economics and Management Information Systems 422, University of Regensburg, Department of Economics.
- Amihai Glazer & Vesa Kanniainen, 2000.
"Term Length and the Quality of Appointments,"
CESifo Working Paper Series
380, CESifo Group Munich.
- Glazer, A. & Kanniainen, V., 2000. "Term Length and the Quality of Appointment," Papers 00-04, California Irvine - School of Social Sciences.
- Glazer, A. & Kanniainen, V., 2000. "Term Length and the Quality of Appointments," University of Helsinki, Department of Economics 485, Department of Economics.
- BrownJr., William O., 2001. "Faculty participation in university governance and the effects on university performance," Journal of Economic Behavior & Organization, Elsevier, vol. 44(2), pages 129-143, February.
- Guillaume Biot-Paquerot, 2007. "Efficacité Du Système D'Évaluation Public : Le Cas Des Universités," Post-Print halshs-00543212, HAL.
- Guillaume Biot-Paquerot & Jean-Luc Rossignol, 2006. "Performance Management In The Public Sector:," Post-Print hal-00137200, HAL.
- Dnes, Antony W. & Seaton, Jonathan S., 1998. "The reform of academic tenure in the United Kingdom," International Review of Law and Economics, Elsevier, vol. 18(4), pages 491-509, December.
- Biot-Paquerot, Guillaume, 2006.
"Organes de gouvernance et paradoxe démocratique: Le cas des conseils d’administration d’université
[Democratic paradox and governance mediums: the case of university boards]," MPRA Paper 2302, University Library of Munich, Germany.
- Jörg Heining & Jürgen Jerger & Jörg Lingens, 2008. "Deutsche Hochschulkarrieren im Fach Volkswirtschaftslehre. Eine deskriptive Analyse von Lebenslaufdaten," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(3), pages 306-328, 08.
- Amihai Glazer & Vesa Kanniainen, 2007. "Short-term leaders should make long-term appointments," International Tax and Public Finance, Springer, vol. 14(1), pages 55-69, February.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert).
If references are entirely missing, you can add them using this form.