Corporate Governance in Accredited Public Higher Education Institutions

Abstract

The specialized literature shows that corporate governance in accredited public higher education institutions is polysemic. This research will structure an integral corporate governance model for official higher education. The theoretical framework is based on new institutionalism and stakeholder and resource-based views. A meticulously designed sequential mixed-method approach was implemented, with data collection and analysis conducted in three stages. The first stage involved a bibliometric analysis, followed by a content analysis. Finally, an interdisciplinary group of 22 experts was interviewed using Python to propose the corporate governance model. The results validated a novel model with four dimensions: administrative process, university autonomy, stakeholders, and accountability system, as a structure for a hybrid transformation of corporate governance that includes principles of complexity. This model offers an alternative approach to optimizing management in public universities, particularly from the accreditation perspective.

Keywords

• accountability
• administrative process
• corporate governance
• higher education
• stakeholders
• university autonomy