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Herding Cats? Management and University Performance

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Title: Herding Cats? Management and University Performance
Authors: McCormack, J
Propper, C
Smith, S
Item Type: Journal Article
Abstract: Using a tried and tested measure of management practices that has been shown to predict firm performance, we survey nearly 250 departments across 100+ UK universities. We find large differences in management scores across universities and that departments in older, research-intensive universities score higher than departments in newer, more teaching-oriented universities. We also find that management matters in universities. The scores, particularly with respect to provision of incentives for staff recruitment, retention and promotion are correlated with both teaching and research performance conditional on resources and past performance. Moreover, this relationship holds for all universities, not just research-intensive ones.
Issue Date: Aug-2014
Date of Acceptance: 3-Sep-2013
URI: http://hdl.handle.net/10044/1/40647
DOI: 10.1111/ecoj.12105
ISSN: 1468-0297
Publisher: Wiley
Start Page: F534
End Page: F564
Journal / Book Title: The Economic Journal
Volume: 124
Issue: 578
Copyright Statement: This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
Sponsor/Funder: Economic & Social Research Council (ESRC)
Funder's Grant Number: ES/J023108/1
Keywords: Social Sciences
Economics
Business & Economics
INCENTIVES
EFFICIENCY
14 Economics
Economics
Publication Status: Published
Online Publication Date: 2014-03-26
Appears in Collections:Imperial College Business School