Home  Journals  Finance and Credit  29(365) – 2009 August

Decentralization of financial management within higher education institutions, based on foreign experience

Available online: 17 September 2009

Subject Heading: Financing

JEL Classification: 

The purpose of this work is to analyze the evolution of strategic and financial management systems within Western Europe universities. As a result we can see that the reforms of financial management within those universities are mainly devoted to changes in the role and functions of the universities top management, extension of functions of the universities financial and economic divisions, extension of rights and liabilities of universities department and sub-department management.

Keywords: strategic management, financial management, decentralization, budgeting

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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