This study aims to explore the relationship between the financial sustainability and accountability function under the university autonomy and empirically evaluate the extent of the financial sustainability of public higher education institutions in Iraq. To this end, the paper adopts an exploratory approach using semi-structured interviews and content analysis procedures. We introduce a theoretical model to explain the relationship between financial sustainability and accountability function, and use a solvency ratio to evaluate the financial sustainability using the financial data of the university of Kufa for three years 2015-2017. The results indicate that financial sustainability and accountability are interdependent, and in order to ensure adequate funding, management must provide the necessary financial information for accountability function and legitimate its activities. We found that the sample university has a poor financial sustainability forecasts and accordingly it cannot continue as a financially independent unit without the governmental financial support. The further analysis reveals that the financial deficit in the financial position during the time of the study is an inevitable consequence of lack of financial and administrative authorities. The results also provide information and data to other governmental higher education institutions needed to evaluate their own institutions ' financial sustainability
تاريخ النشر
01/08/2019
الناشر
International Journal of Innovation, Creativity and Change
حيدر نعمة بخيت | Heider Nima Bekheet | 1485