Abstract
Background: This article examined the unserviceable assets disposal practices of five polytechnics (tertiary educational institutions) in Ghana.Objectives: The aim was to determine the extent of statutory compliance, and the degree to which value for money was achieved in actual disposal.Method: A survey was conducted using interviewer-administered questionnaires containing five-point likert scale test items. Descriptive statistics and a one-way analysis of variance (ANOVA) were employed to analyse the data.Results: The study results showed that a limited number of polytechnics had internal policies to operationalise statutory procurement legislation. Top management demonstrated very clear understanding of procurement legislation whilst senior-level managers displayed mixed levels of understanding. The section of the legislation dealing with disposals and the procedures pertaining thereto is perceived to be difficult to implement and does not promote value for money. Top management’s interference in auctions was the toughest challenge in the process, whilst public auction was the predominant method used in assets disposal.Research limitations: The research was carried out in only five polytechnics. This study could be replicated in other tertiary institutions or in other sectors outside higher education.
Highlights
Background‘Disposal’ is the act of derecognising an asset that has reached the end of its useful life when no future economic benefits or service potential is further expected from its use
Irrespective of the position of Ghana’s legislation on stores disposal, there seems to be a gap between actual disposal practices of government agencies and legislation
Weakness in or the absence of institutional policies in the public sector have been cited as some of the factors that aid the perpetuation of corruption by public officers (Hutter & Shar 2000)
Summary
Background‘Disposal’ is the act of derecognising an asset that has reached the end of its useful life when no future economic benefits or service potential is further expected from its use. Irrespective of the position of Ghana’s legislation on stores disposal, there seems to be a gap between actual disposal practices of government agencies and legislation. Weakness in or the absence of institutional policies in the public sector have been cited as some of the factors that aid the perpetuation of corruption by public officers (Hutter & Shar 2000). The World Bank, Transparency International and other anti-corruption agencies across the globe are unanimous on this diagnosis. Advocates of good governance practices worldwide have prescribed and campaigned for the use of legislation to mitigate corruption (Persson, Rothstein & Teorell 2010). Most developing countries in recent history have paid greater attention to the promulgation of anti-corruption legislation, regulations and guidelines of various kinds (Doig & Riley 1998). This article examined the unserviceable assets disposal practices of five polytechnics (tertiary educational institutions) in Ghana
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
