CONTROLLERS AND INVESTMENT MANAGEMENT IN PERUVIAN PUBLIC UNIVERSITIES: PERCEPTIONS OF UNIVERSITY MANAGERS

Authors

  • Raymundo Arnao Rondán Faculty of Economic Engineering, Statistics and Social Sciences, National University of Engineering, Lima, Peru

DOI:

https://doi.org/10.21754/iecos.v21i1.1309

Keywords:

Controlling Agent, Public University, Investment, Manager, Perception, Management, Survey

Abstract

In Peru, public universities have difficulties in executing their investment projects. In the period 2016-2019, all of them have had a low and somewhat increasing execution, between 44% and 69%; postponing the attention of important unsatisfied needs in academic training, research, among others.

This research is based on the idea supported by theory and empirical evidence: that perception is an important factor in decision-making; and, the low execution of investments in public universities. Its general objective is to find out whether or not the control system - through the control agents - has a negative influence on the decision-making of public university managers directly involved in investment management.

For its development, the regulations governing the control system in Peru were reviewed, as well as those concerning investment management.  Next, the relevant literature was reviewed, and then a survey was designed and applied to the aforementioned managers. The processing of the data collected through the survey provided important information to determine in what way the manager's perception of the performance of the controlling agents constitutes a factor that hinder or not their performance. Based on the respective analysis, conclusions were drawn and recommendations were formulated to help improve investment management in public universities in order to meet the relevant demands in academic training, research and other areas of the national public university sector.

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Published

2020-11-13

How to Cite

Arnao Rondán, R. (2020). CONTROLLERS AND INVESTMENT MANAGEMENT IN PERUVIAN PUBLIC UNIVERSITIES: PERCEPTIONS OF UNIVERSITY MANAGERS. Revista IECOS, 21(1), 88–120. https://doi.org/10.21754/iecos.v21i1.1309

Issue

Vol. 21 No. 1 (2020)

Section

Research Articles

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