• Summary
  • Contents

This book will provide readers with knowledge and understanding of the theory and practice of managing finance, resources and stakeholders in schools and colleges. Written specifically for those studying for an academic qualification at Masters level in educational management, it provides self-study material and links to other key texts in the field. The authors deal with the links between finance, resources and stakeholders in the context of school and college self-management. Examples are drawn from international settings as well as from the United Kingdom. Building on an examination of theoretical perspectives, practical considerations and applications are examined in a format which encourages the reader to explore the c

Conclusions: A Final Word on Accountability
Conclusions: A final word on accountability

Throughout this book, the focus has been upon the levels of autonomy schools or colleges possess; this in turn is based upon the degree of self-management the educational system of the country confers upon the institution. The balancing factor upon which autonomy rests is accountability: if an institution is given a level of freedom in which to operate, it is accountable to those who confer that freedom. At a macro level, four dimensions of accountability can be identified:

  • Political: in a system that is supported by public funds, the institution is accountable for the best use of those funds.
  • Market: it is accountable to its customers, partners and stakeholders.
  • Professional: schools and colleges are accountable for maintaining ...
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