Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].

This paper discusses the modernisation effort in financial management (FM) practices and income diversification strategies of higher education institutions (HEIs) in Southeast Asia. This effort and strategies attempt to enhance human, organisational and technical capacities of HEIs in Southeast Asia...

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Main Authors: Khamis, Mohd Rahim, Che Yahya, Norliza, Jaafar, Norlida, Abdullah, Zaini
Format: Article
Language:English
Published: Research Management Centre (RMC) 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/27565/
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author Khamis, Mohd Rahim
Che Yahya, Norliza
Jaafar, Norlida
Abdullah, Zaini
author_facet Khamis, Mohd Rahim
Che Yahya, Norliza
Jaafar, Norlida
Abdullah, Zaini
author_sort Khamis, Mohd Rahim
building UiTM Institutional Repository
collection Online Access
description This paper discusses the modernisation effort in financial management (FM) practices and income diversification strategies of higher education institutions (HEIs) in Southeast Asia. This effort and strategies attempt to enhance human, organisational and technical capacities of HEIs in Southeast Asia through systematisation and promotion of good practices. Furthermore, the modernisation effort of FM is also to promote regional integration through the creation of a network amongst financial managers pursuing modernisation in FM systems and practices. The data related to economic and social indicators, are provided by six HEIsin Southeast Asian countries (Indonesia, Thailand and Malaysia). The gathered data were scrutinised to initiate both macro and micro analyses. The six participated HEIs, filled-up a macro and micro observation template. The macro datawas sourced from the World Bank database and Ministry of Higher Education. Meanwhile forthe micro data, information on the financial management of a university wassourced by each participated HEI. The collected information, covering the period from 2013-2015 includes several socio-economic indicators such as GDP per capita, population and unemployment rate of a country and the HEI’s specific information on financial management approach. The data matrix is analysed and presented in graphsto illustrate the average behaviour of the collected data for all the countries and HEI. The results were compiled according to social and economic indicators as well as the HEI’s approach in sourcing for its institution to constitute a diagnosis of financing mechanisms of the HEI.
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publishDate 2019
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spelling uitm-275652020-01-22T02:38:06Z https://ir.uitm.edu.my/id/eprint/27565/ Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al]. smrj Khamis, Mohd Rahim Che Yahya, Norliza Jaafar, Norlida Abdullah, Zaini Supervision and administration. Business management Asia This paper discusses the modernisation effort in financial management (FM) practices and income diversification strategies of higher education institutions (HEIs) in Southeast Asia. This effort and strategies attempt to enhance human, organisational and technical capacities of HEIs in Southeast Asia through systematisation and promotion of good practices. Furthermore, the modernisation effort of FM is also to promote regional integration through the creation of a network amongst financial managers pursuing modernisation in FM systems and practices. The data related to economic and social indicators, are provided by six HEIsin Southeast Asian countries (Indonesia, Thailand and Malaysia). The gathered data were scrutinised to initiate both macro and micro analyses. The six participated HEIs, filled-up a macro and micro observation template. The macro datawas sourced from the World Bank database and Ministry of Higher Education. Meanwhile forthe micro data, information on the financial management of a university wassourced by each participated HEI. The collected information, covering the period from 2013-2015 includes several socio-economic indicators such as GDP per capita, population and unemployment rate of a country and the HEI’s specific information on financial management approach. The data matrix is analysed and presented in graphsto illustrate the average behaviour of the collected data for all the countries and HEI. The results were compiled according to social and economic indicators as well as the HEI’s approach in sourcing for its institution to constitute a diagnosis of financing mechanisms of the HEI. Research Management Centre (RMC) 2019 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/27565/1/AJ_MOHD%20RAHIM%20KHAMIS%20SMRJ%2019.pdf Khamis, Mohd Rahim and Che Yahya, Norliza and Jaafar, Norlida and Abdullah, Zaini (2019) Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al]. (2019) Social and Management Research Journal (SMRJ) <https://ir.uitm.edu.my/view/publication/Social_and_Management_Research_Journal_=28SMRJ=29.html>, 16 (2). pp. 153-166. ISSN 1675-7017 https://smrj.uitm.edu.my/
spellingShingle Supervision and administration. Business management
Asia
Khamis, Mohd Rahim
Che Yahya, Norliza
Jaafar, Norlida
Abdullah, Zaini
Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].
title Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].
title_full Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].
title_fullStr Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].
title_full_unstemmed Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].
title_short Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].
title_sort comparative and trend analysis of financial management practices in southeast asia higher education institutions (heis) / mohd rahim khamis … [et al].
topic Supervision and administration. Business management
Asia
url https://ir.uitm.edu.my/id/eprint/27565/
https://ir.uitm.edu.my/id/eprint/27565/