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THE DEVELOPMENT AND TESTING OF A MODEL TO DETERMINE THE FINANCIAL VIABILITY OF COMMUNITY COLLEGES

The major problem of this study was to develop a broad gauge model to measure the financial viability of community colleges which would reliably predict the onset of undesirable financial conditions. / The objectives of the study were: (1) to analyze and evaluate existing model(s) in order to determine whether such model(s) or certain of their components can be adopted, modified, and/or perfected to measure the overall financial viability of community colleges; (2) to develop a more reliable and comprehensive eclectic model which can measure financial viability and predict financial difficulty; and (3) to demonstrate the applicability of the developed eclectic model by testing it on selected Florida community colleges. / This study was conducted in four major phases. Phase one involved the analysis and critique of the existing models. A critical review was made of five financial models found in the literature as having been used or cited by researchers and practitioners in the past decade to measure the financial health of postsecondary institutions. Phase two involved the development of the eclectic model. The eclectic model was developed based upon features and components of the five models critiqued. Phases three and four involved testing the developed eclectic model on selected Florida community colleges. / The major conclusions of the study were: (1) The model provides a broad gauge from which the relative financial viability of a community college can be determined. (2) The model is a useful vehicle which can reliably predict the onset of undesirable financial conditions. (3) The model can serve as a general but effective management tool. (4) The model is simple, yet comprehensive, easy to use, and easily adapted to a variety of community colleges. (5) The model provides a more comprehensive approach toward determining the financial viability of a community college than models critiqued in study. / Source: Dissertation Abstracts International, Volume: 47-08, Section: A, page: 2918. / Thesis (Ph.D.)--The Florida State University, 1986.

Identiferoai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_75927
ContributorsWOOTEN, CORNELIUS., Florida State University
Source SetsFlorida State University
Detected LanguageEnglish
TypeText
Format298 p.
RightsOn campus use only.
RelationDissertation Abstracts International

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