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Financial Comparative Analysis of State Public Universities of Punjab

Author

Listed:
  • Sarbjeet Kaur

    (Research Scholar, School of Management Studies, Punjabi University, Patiala, India)

  • Gurcharan Singh

    (Professor, School of Management Studies, Punjabi University, Patiala, India)

Abstract

Finance is the strategic intent to boost the development and growth of all industries. Presently, Indian higher education has attained an impressive growth rate, and finance is playing a vital role in its continuous development and attaining a competitive edge. Therefore, the present study aims to analyze the financial performance of the Indian public universities located within Punjab. The data of universities financial performance between 2003 and 2019 were taken into consideration. The Welch and post-hoc tests were employed to answer the research questions. The study found no significant difference in the income level of the universities but the results confirmed a significant difference in expenditure level. The findings of the study may draw the attention of academicians, and policymakers to build a balance between income and expenditure.

Suggested Citation

  • Sarbjeet Kaur & Gurcharan Singh, 2020. "Financial Comparative Analysis of State Public Universities of Punjab," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 140-144.
    • Handle: RePEc:eco:journ1:2020-05-15
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    References listed on IDEAS

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    More about this item

    Keywords

    Higher education; Financial Performance; Reports; Budget.;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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