Institutions of higher education are under pressure to be accountable for their expenditures while demonstrating their effectiveness. Through structural equation modeling, a relationship was found between expenditures and the efficiency and effectiveness of an institution, and an optimal expenditure level was found that maximized an institution's…

Cost analysis for internal management of higher education institutions is of interest because of the steady state of higher education, concern over management practices, and the expectation that higher education institutions should be more responsive to social planning and public policy concerns and objectives. The nature of the institutions that…