Strategic Finance


Book Description




The Questions of Tenure


Book Description

Tenure is the abortion issue of the academy, igniting arguments and inflaming near-religious passions. To some, tenure is essential to academic freedom and a magnet to recruit and retain top-flight faculty. To others, it is an impediment to professorial accountability and a constraint on institutional flexibility and finances. But beyond anecdote and opinion, what do we really know about how tenure works? In this unique book, Richard Chait and his colleagues offer the results of their research on key empirical questions. Are there circumstances under which faculty might voluntarily relinquish tenure? When might new faculty actually prefer non-tenure track positions? Does the absence of tenure mean the absence of shared governance? Why have some colleges abandoned tenure while others have adopted it? Answers to these and other questions come from careful studies of institutions that mirror the American academy: research universities and liberal arts colleges, including both highly selective and less prestigious schools. Lucid and straightforward, The Questions of Tenure offers vivid pictures of academic subcultures. Chait and his colleagues conclude that context counts so much that no single tenure system exists. Still, since no academic reward carries the cachet of tenure, few institutions will initiate significant changes without either powerful external pressures or persistent demands from new or disgruntled faculty.




Roles and Responsibilities of the Chief Financial Officer


Book Description

With demands for improved quality, increasing competition for state and federal funds, and the challenges of integrating technology into the curriculum, higher education faces greater economic uncertainties than ever before. The chief financial officer (CFO) of any higher education institution stands squarely in the middle of this maelstrom. This issue of New Directions for Higher Education offers CFOs proven strategies for balancing the operating and capital budgets, maximizing net enrollment revenues, containing costs, planning for the resource needs of technology, identifying and managing risks, and investing the endowment wisely. The contributors discuss how CFOs can build positive relationships with key players in the campus?s financial planning and budget, including admissions and financial aid staff, state legislatures, and the board investment committee. This is the 107th issue of the quarterly journal New Directions for Higher Education.




Capability as a Yardstick for Flexicurity


Book Description

Flexicurity is a European policy agenda seeking to increase both flexibility and security in the labour-market. This book argues that it needs a revision: Although flexicurity is set out to change the way Europeans work and live, and even though it is being justified by workers’ needs, flexicurity lacks of a clear and democratically justified vision of society. Flexicurity is confronted here with Amartya Sen’s capability-approach, a paradigm of well-being evaluation. How is flexicurity related to a concept of employment as part of a way of life which people have reason to value? How capability-friendly are established flexicurity-indicators? It is thus shown how the capability-approach can be used in the field of labour-market and social policy.




Where Tenure Does Not Reign


Book Description

Presents the experiences of campuses without tenure and campuses where faculty may choose tenure or contracts. Issues covered include academic freedom, faculty recruitment, selectivity, turnover, and reward structures. Answers the question, "What lessons can be learned from campuses with contract systems?"










Overseas Air Transportation


Book Description

Considers legislation to authorize overseas air cargo transportation licenses for steamship operators and to establish the All-American Flag Line, Inc., for consolidation of Government air cargo transportation.