The importance of good governance, including in times of financial challenge
Universities are requesting government funding, putting them in the select committee spotlight, and politicians are shining their light on governance. In light of this, finance and restructuring expert Neil Smyth has outlined on Wonkhe some key duties and potential liabilities of charity trustees in higher education, stressing the need for trustees to be fully informed and responsible for executive decisions. He also looks at the broader landscape, including how governing bodies and management teams need to work together on key governance issues, as well as how a special administration scheme could provide assistance.