Controversies over higher education governance are in the news these days. The most recent occurred this summer when several members of the board of the University of Virginia asked the president, Teresa A. Sullivan, to resign, only to be forced to reinstate her after protests from students, faculty, donors, alumni, and others. That situation…

Advocates of corporate governance reform hailed passage of the Sarbanes-Oxley Act in 2002 as a long-overdue raising of the accountability bar for corporate directors. Although SOX, as the law is widely known, does not legally apply to nonprofit boards, it has profoundly influenced the way many trustees, especially current and former corporate…

A business executive who is a trustee of a small college describes the world of college management. Three sources of differences between the college and a business are: (1) the absence of profit, (2) the "colleague authority," and (3) the tyranny of entitlements. (MLW)

The system of college and university governance that has created fine institutions is now inadequate. Institutions should consider restructuring their governance systems in ways that clarify authority and accountability. Faculty must commit themselves to responsibility outside their disciplines. Administrators and trustees must make difficult…