Agency Theory in University Governance and the Role of Internal Audit: From the Private Sector Perspectives to the Case of Vietnamese Public Higher Education Institutions
- DOI
- 10.2991/978-94-6463-076-3_46How to use a DOI?
- Keywords
- Agency Theory; Corporate Governance; University Governance; Internal Audit; Public Higher Education Institutions; Vietnam
- Abstract
Along with the trend of applying business governance in Vietnamese public higher education institutions, agency problems become an important issue that the public higher education institutions have to face. There are many ways to reduce agency problems, and one of them is to take advantage of the internal audit system. The paper reviews the literature on the relationship between agency theory and internal audit in public higher education institutions, which is quite rare. This study analyzes the case of Vietnam, a country where university governance system has had a lot of changes in recent times with the development of autonomy mechanism. The research raises the importance of internal audit function in university governance and provides policy implications for regulators and university administrators by adopting internal audit to reduce agency problems.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Giang Nguyen Thuc Huong AU - Hanh Minh Thai AU - Dao Thanh Binh PY - 2022 DA - 2022/12/12 TI - Agency Theory in University Governance and the Role of Internal Audit: From the Private Sector Perspectives to the Case of Vietnamese Public Higher Education Institutions BT - Proceedings of the 4th Asia Pacific Management Research Conference (APMRC 2022) PB - Atlantis Press SP - 594 EP - 607 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-076-3_46 DO - 10.2991/978-94-6463-076-3_46 ID - Huong2022 ER -