Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability

The paper seeks to examine senior academic and administrative officers’ perceptions on important cost management practices which should be implemented in Malaysian public higher education institutions (Public universities) to help reduce the operating costs of public universities given the current e...

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Main Authors:	Siraj, Siti Alawiah, Nik Ahmad, Nik Nazli, Ismail, Suhaiza
Format:	Conference or Workshop Item
Language:	English
Published:	Faculty of Economics and Management Universiti Kebangsaan Malaysia 2016
Subjects:	HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/53384/ http://irep.iium.edu.my/53384/ http://irep.iium.edu.my/53384/3/53384.pdf

id	iium-53384
recordtype	eprints
spelling	iium-533842016-12-19T03:03:57Z http://irep.iium.edu.my/53384/ Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability Siraj, Siti Alawiah Nik Ahmad, Nik Nazli Ismail, Suhaiza HG4001 Financial management. Business finance. Corporation finance. The paper seeks to examine senior academic and administrative officers’ perceptions on important cost management practices which should be implemented in Malaysian public higher education institutions (Public universities) to help reduce the operating costs of public universities given the current environment of substantial cuts in budgetary allocations. A mail questionnaire survey was undertaken with the bursars, deans and directors of the twenty public universities in Malaysia to examine the respondents’ perceptions on various cost management practices that may be useful in reducing the operating costs of public universities and ensure longer-term financial sustainability of these institutions. The survey also examined respondents’ perceptions on long term strategies which should be implemented to close budget gaps and areas and activities which may have been affected by budgetary reductions. Findings of the survey suggest that respondents feel that a number of different cost management strategies may be effective in assisting public universities to achieve financial sustainability and reduce dependence on government funding. The findings of the survey have important practice and policy implications for the governance of public universities in an era of reduced budgetary allocations and increased scrutiny on the financial management of public sector organisations in general and Public universities in particular. Faculty of Economics and Management Universiti Kebangsaan Malaysia 2016 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/53384/3/53384.pdf Siraj, Siti Alawiah and Nik Ahmad, Nik Nazli and Ismail, Suhaiza (2016) Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability. In: 8th International Management and Accounting Conference (IMAC8), 28th-29th September 2016, Langkawi Island. http://conference.ukm.my/IMAC/imac8
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	HG4001 Financial management. Business finance. Corporation finance. Siraj, Siti Alawiah Nik Ahmad, Nik Nazli Ismail, Suhaiza Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability
description	The paper seeks to examine senior academic and administrative officers’ perceptions on important cost management practices which should be implemented in Malaysian public higher education institutions (Public universities) to help reduce the operating costs of public universities given the current environment of substantial cuts in budgetary allocations. A mail questionnaire survey was undertaken with the bursars, deans and directors of the twenty public universities in Malaysia to examine the respondents’ perceptions on various cost management practices that may be useful in reducing the operating costs of public universities and ensure longer-term financial sustainability of these institutions. The survey also examined respondents’ perceptions on long term strategies which should be implemented to close budget gaps and areas and activities which may have been affected by budgetary reductions. Findings of the survey suggest that respondents feel that a number of different cost management strategies may be effective in assisting public universities to achieve financial sustainability and reduce dependence on government funding. The findings of the survey have important practice and policy implications for the governance of public universities in an era of reduced budgetary allocations and increased scrutiny on the financial management of public sector organisations in general and Public universities in particular.
format	Conference or Workshop Item
author	Siraj, Siti Alawiah Nik Ahmad, Nik Nazli Ismail, Suhaiza
author_facet	Siraj, Siti Alawiah Nik Ahmad, Nik Nazli Ismail, Suhaiza
author_sort	Siraj, Siti Alawiah
title	Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability
title_short	Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability
title_full	Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability
title_fullStr	Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability
title_full_unstemmed	Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability
title_sort	cost management in public higher education institutions in malaysia: challenges in financial sustainability
publisher	Faculty of Economics and Management Universiti Kebangsaan Malaysia
publishDate	2016
url	http://irep.iium.edu.my/53384/ http://irep.iium.edu.my/53384/ http://irep.iium.edu.my/53384/3/53384.pdf
first_indexed	2023-09-18T21:15:32Z
last_indexed	2023-09-18T21:15:32Z
_version_	1777411537033494528

Cost management in public higher education institutions in Malaysia: Challenges in financial sustainability

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