Herding Cats? Management and University Performance*
نویسندگان
چکیده
Using a tried and tested measure of management practices that has been shown to predict firm performance, we survey nearly 250 departments across 100+ UK universities. We find large differences in management scores across universities and that departments in older, researchintensive universities score higher than departments in newer, more teaching-oriented universities. We also find that management matters in universities. The scores, particularly with respect to provision of incentives for staff recruitment, retention and promotion are correlated with both teaching and research performance conditional on resources and past performance. Moreover, this relationship holds for all universities, not just research-intensive ones.
منابع مشابه
Does herding behavior reveal skill? An analysis of mutual fund performance
This paper nds that fund herding, de ned as the tendency of a mutual fund to follow past aggregate institutional trades, is an important predictor of mutual fund performance. Examining actively managed U.S. equity mutual funds over the period 1990-2009, we nd that funds with a higher herding tendency achieve lower future returns. The performance gap between herding and antiherding funds is pe...
متن کاملStrategic and situation analysis of camel herding in Kalkooyi nomads territory in Qom Province
Owing to premium properties such a transformation of forage with low quantity and quality into high quality dairy and meat products, compromising with arid and semi-arid rangeland and resistance against diseases, camel has basic function in extensive grazing systems. These properties have made camel herding as one of the strategies in sustainable development in natural resources management and ...
متن کاملInvestigating the Effect of Investors' Behavior and Management on the Stock Returns: Evidence from Iran
The purpose of the present study is to investigate the effect of behavioral variables on overconfidence in management, herding behavior and investors' emotional tendency on stock return. To this end, by using the data of firms listed in the Iran's Stock Exchange during the seven-year period of 2010-2016, overconfidence index in management, the herding behavior of the investors and the emotional...
متن کامل