Abstract
Corporate governance has become a subject of heightened importance and attention in government policy circles, academia, and the popular press throughout all over the world. The purpose of the study is to examine the actual status of corporate governance principles in Palestinian private universities at Gaza Strip Governorates, in order to propose a framework of governance for these universities, in light of quality, accreditation and classification requirements for Palestinian universities issued by Palestinian Ministry of Higher Education. In Gaza Strip Governorates there are four private universities, the study covers all these four universities. To achieve the study objectives, the descriptive analytical approach was implemented. The study population includes all the 458, stockholders, academic and administrative fixed contract employees at the four private universities in Gaza Strip. the sample was a random sample of 200 employees (44% of the population). A special questionnaire was prepared and distributed for the sample, 182 completed and correct questionnaire copies were collected (91% of total sample). Data was collected using Statistical Package for the Social Sciences SPSS program. The main finding of the study demonstrates that there is a significant relationship between private universities performance and the application of corporate governance principles, quality and accreditation requirements and classification requirements of Ministry of Higher Education (MOHE), and applied corporate governance framework, and there is a middle level of adequacy of corporate governance principles adequacy at private universities in Gaza Governorates. These findings reflect the actual situation of all Palestinian private universities. Based on the study results, the researchers recommend to build national standards for university governance, aiming to accelerate the issuance of a guide to the governance of private universities. Also, promoting cultural and knowledge awareness regarding the governance of private universities. These recommendations will help Palestinian private universities to achieve higher performance quality in both academic and managerial aspects, this will improve the outcomes of these universities and will be reflected in the capabilities of their graduate students.
Highlights
Corporate governance has become a subject of heightened importance and attention in government policy circles, academia, and the popular press throughout all over the world
The main finding of the study demonstrates that there is a significant relationship between private universities performance and the application of corporate governance principles, quality and accreditation requirements and classification requirements of Ministry of Higher Education (MOHE), and applied corporate governance framework, and there is a middle level of adequacy of corporate governance principles adequacy at private universities in Gaza Governorates
The study is to examine the actual status of corporate governance principles in these universities, in order to propose a framework of governance for these universities, in light of quality, accreditation and classification requirements for Palestinian universities issued by Palestinian Ministry of Higher Education
Summary
Corporate governance has become a subject of heightened importance and attention in government policy circles, academia, and the popular press throughout all over the world. The public has become more interested than ever in the responsiveness of HEI to the needs of the economy a fact that has much to do with the realizationthat HEI have a monumentally important role in the economic development of a nation. In more recent times there has been a demand from Governments and from the greater public for a more intimate engagement of the university with them. Whereas many universities have responded dynamically to those expectations, it was the case that the greater majority did not. This resistance to engagement with Government and its needs provoked Governments to establish universities with a legislative base and governance structures that would ensure that they would be responsive. Governments established new types of higher education institutions which, while not being formal universities, occupied or shared much of the space previously occupied by the universities alone; was born the new and more inclusive term ‘the higher education institution’ (Sita et al, 2018)
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