Insolvency fears awaken commercially oriented universities

Paper

Orr, John. 2007. "Insolvency fears awaken commercially oriented universities." 16th Annual Conference of the Australia and New Zealand Education Law Association (ANZELA 2007) . Fraser Coast, Australia Sep 2007 Loganholme, Queensland.
Paper/Presentation Title

Insolvency fears awaken commercially oriented universities

Presentation TypePaper
Authors
AuthorOrr, John
Journal or Proceedings TitleProceedings of the 16th Annual Conference of the Australia and New Zealand Education Law Association (ANZELA 2007)
Year2007
Place of PublicationLoganholme, Queensland
Web Address (URL) of Paperhttp://www.anzela.edu.au/index.php?option=com_content&task=view&id=24&Itemid=26
Conference/Event16th Annual Conference of the Australia and New Zealand Education Law Association (ANZELA 2007)
Event Details
16th Annual Conference of the Australia and New Zealand Education Law Association (ANZELA 2007)
Event Date
Sep 2007
Event Location
Fraser Coast, Australia
Abstract

Australian public universities are statutory creations with common principal objects that clearly focus on providing higher education and research. However most universities have, by necessity, adopted a vigorous approach to commercial enterprise that in some circumstances have given rise to criticism.

The session will focus on the following questions:

1. Should universities participate in commercial activity?

2. Could a university become insolvent?

3. If a university suffers a “disturbing pattern of weak governance and financial control” and has accumulated an insurmountable deficit, what should be the consequences?

Keywordsinsolvency; universities
ANZSRC Field of Research 2020489999. Other law and legal studies not elsewhere classified
Public Notes

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Byline AffiliationsUniversity of Southern Queensland
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Corporate governance and members' rights at Australian public universities
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