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Open Access. Powered by Scholars. Published by Universities.®

2012

Medicine and Health Sciences

Administrative Issues Journal

Agency theory

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Full-Text Articles in Education

Symbolic Interactionism And Moral Hazards In Higher Education, Louella Moore Oct 2012

Symbolic Interactionism And Moral Hazards In Higher Education, Louella Moore

Administrative Issues Journal

Public colleges and universities today are more than institutions of academic study. They play a role in the economic and social life of their communities by engaging in partnerships aimed at enhancing their scope and brand image. This paper suggests these partnered activities do more than just manage costs and replace state support during economic downturns; the activities are also central to managing the image and political scope of the institution. This paper presents an exploratory, multi-disciplinary examination of the market forces and potential moral hazards inherent in hybrid public/private partnerships in higher education. Agency and symbolic interaction concepts are …