Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al].

Khamis, Mohd Rahim and Che Yahya, Norliza and Jaafar, Norlida and Abdullah, Zaini (2019) Comparative and trend analysis of financial management practices in Southeast Asia Higher Education Institutions (HEIS) / Mohd Rahim Khamis … [et al]. Social and Management Research Journal (SMRJ), 16 (2). pp. 153-166. ISSN 1675-7017


This paper discusses the modernisation effort in financial management (FM) practices and income diversification strategies of higher education institutions (HEIs) in Southeast Asia. This effort and strategies attempt to enhance human, organisational and technical capacities of HEIs in Southeast Asia through systematisation and promotion of good practices. Furthermore, the modernisation effort of FM is also to promote regional integration through the creation of a network amongst financial managers pursuing modernisation in FM systems and practices. The data related to economic and social indicators, are provided by six HEIsin Southeast Asian countries (Indonesia, Thailand and Malaysia). The gathered data were scrutinised to initiate both macro and micro analyses. The six participated HEIs, filled-up a macro and micro observation template. The macro datawas sourced from the World Bank database and Ministry of Higher Education. Meanwhile forthe micro data, information on the financial management of a university wassourced by each participated HEI. The collected information, covering the period from 2013-2015 includes several socio-economic indicators such as GDP per capita, population and unemployment rate of a country and the HEI’s specific information on financial management approach. The data matrix is analysed and presented in graphsto illustrate the average behaviour of the collected data for all the countries and HEI. The results were compiled according to social and economic indicators as well as the HEI’s approach in sourcing for its institution to constitute a diagnosis of financing mechanisms of the HEI.


Item Type: Article
CreatorsEmail / ID. Num
Khamis, Mohd RahimUNSPECIFIED
Che Yahya, NorlizaUNSPECIFIED
Jaafar, NorlidaUNSPECIFIED
Abdullah, ZainiUNSPECIFIED
Subjects: L Education > LB Theory and practice of education > Higher Education > Supervision and administration. Business management
L Education > LG Individual institutions > Asia
Divisions: Universiti Teknologi MARA, Shah Alam > Research Management Centre (RMC)
Journal or Publication Title: Social and Management Research Journal (SMRJ)
Journal: UiTM Journal > Social and Management Research Journal (SMRJ)
ISSN: 1675-7017
Volume: 16
Number: 2
Page Range: pp. 153-166
Official URL:
Item ID: 27565
Uncontrolled Keywords: Financial management, Southeast Asia, higher education institutions


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