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

2012

Finance

University of Nebraska - Lincoln

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Full-Text Articles in Education

Financial Indicators In Strategic Decision Making: Recommended Practices For Financial Officers At Small Private Colleges And Universities In The Midwestern United States, Beth Reissenweber Sep 2012

Financial Indicators In Strategic Decision Making: Recommended Practices For Financial Officers At Small Private Colleges And Universities In The Midwestern United States, Beth Reissenweber

Department of Educational Administration: Dissertations, Theses, and Student Research

This study explored whether financial leaders and institutional governing boards use financial indicators as a tool to inform decision making, solely as a compliance measurement tool, or not at all. The purpose of this qualitative study was two-fold to: (a) identify the use of financial indicators in strategic decision making, and (b) investigate how institutions use financial indicators to support governing boards in making strategic decisions. The data were obtained from a survey of 214 financial officers to identify the use of financial indicators, and in-depth interviews with leaders from six institutions who indicated strategic use of financial indicators to …