Gobernanza de las Universidades Publicas

Whereas corporate governance theory is not as spread in Argentina as in its countries of origin, and least of all in its application to the public and the education sectors, it is nonetheless interesting its possible application to this kind of institution. This work is based on the assumption that it is possible to propose a management model for universities applying the concepts of corporate governance as an umbrella for management mechanisms, and in particular for the theory of agency applied to all stakeholders’ relationships. The target of this paper is to answer what would be the agency relationships present in college and what elements should be analyzed to use in future research? How to group agency relations so as to consider the effectiveness of the university at the light of the current demands of the national Ministry of Education? The working method is based mainly in secondary information about universities, the adaptation of corporate governance and agency theories adequate to the direction and control of an organization (Larcker & Tayan, 2011, p. 8), which impact becomes relevant from a management perspective due to its theoretical and practical usefulness. Theoretical, because it is feasible from Economics -agency theory- to propose an application to the university world. And practical because of the proposed interview methodology applied to the different actors of interest to seek the differences that set the current corporate governance model apart from the theoretical one, and thus open the way for recommendations about how to change it.