University revenue diversification: a path to financial stability

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ROUHANI SHADI; RAHIMIAN HAMID; Abbas Pour Abass; Borzooian Samad; Geraee Nejad Ghlamreza

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Journal: JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION Year:2019 | Volume:25 | Issue:1 Page(s): 77-95

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Title

University revenue diversification: a path to financial stability

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DiversificationQ1

Revenue sourcesQ1

UniversityQ2

Financial stabilityQ1

Panel dataQ1

Abstract

The purpose of present study was to investigate revenue Diversification among Iranian public universities in order to improve the stability and flexibility of financial resources. A quantitative practical correlational research design was utilized for this study. The spatial scope of research was one and two level comprehensive public and industrial public universities during 2013-2018. Data were gathered using official reports from Plan and Budget Organization, Iran Central Bank and Institute for Research and Planning for Higher Education. Data were analyzed by Eviews software and fixed effect model. Results indicated that income diversity index had a significant inverse relationship with changes of per capita income. On the other hand, tuition criterion model has a significant and direct relationship with University income per capita. In addition, results illustrated that Iran`s higher education align with world higher education has faced economic instability and public budget has not met the financial requirements of the universities. There is a serious weakness in revenue Diversification and high level of dependency on tuition income among public universities. This is all in the conditions that increase government spending and future instability have caused the government to direct University to make money from other sources.

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APA: Copy

ROUHANI, SHADI, RAHIMIAN, HAMID, Abbas Pour, Abass, Borzooian, Samad, & Geraee Nejad, Ghlamreza. (2019). University revenue diversification: a path to financial stability. JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION, 25(1 ), 77-95. SID. https://sid.ir/paper/67847/en

Vancouver: Copy

ROUHANI SHADI, RAHIMIAN HAMID, Abbas Pour Abass, Borzooian Samad, Geraee Nejad Ghlamreza. University revenue diversification: a path to financial stability. JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION[Internet]. 2019;25(1 ):77-95. Available from: https://sid.ir/paper/67847/en

IEEE: Copy

SHADI ROUHANI, HAMID RAHIMIAN, Abass Abbas Pour, Samad Borzooian, and Ghlamreza Geraee Nejad, “University revenue diversification: a path to financial stability,” JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION, vol. 25, no. 1 , pp. 77–95, 2019, [Online]. Available: https://sid.ir/paper/67847/en

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