Financial Comparative Analysis of State Public Universities of Punjab

Finance is the strategic intent to boost the development and growth of all industries. Presently, Indian higher education has attained an impressive growth rate, and finance is playing a vital role in its continuous development and attaining a competitive edge. Therefore, the present study aims to...

Full description

Bibliographic Details
Main Authors: Sarbjeet Kaur, Gurcharan Singh
Format: Article
Language:English
Published: EconJournals 2020-09-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/10458
_version_ 1797908366213775360
author Sarbjeet Kaur
Gurcharan Singh
author_facet Sarbjeet Kaur
Gurcharan Singh
author_sort Sarbjeet Kaur
collection DOAJ
description Finance is the strategic intent to boost the development and growth of all industries. Presently, Indian higher education has attained an impressive growth rate, and finance is playing a vital role in its continuous development and attaining a competitive edge. Therefore, the present study aims to analyze the financial performance of the Indian public universities located within Punjab. The data of universities' financial performance between 2003 and 2019 were taken into consideration. The Welch and post-hoc tests were employed to answer the research questions. The study found no significant difference in the income level of the universities but the results confirmed a significant difference in expenditure level. The findings of the study may draw the attention of academicians, and policymakers to build a balance between income and expenditure.  Keywords: Higher education, Financial Performance, Reports, Budget. JEL Classifications: G2, H61, I23 DOI: https://doi.org/10.32479/ijefi.10458
first_indexed 2024-04-10T10:51:36Z
format Article
id doaj.art-f1e9a1a7626a421994e5cd1746cb907f
institution Directory Open Access Journal
issn 2146-4138
language English
last_indexed 2024-04-10T10:51:36Z
publishDate 2020-09-01
publisher EconJournals
record_format Article
series International Journal of Economics and Financial Issues
spelling doaj.art-f1e9a1a7626a421994e5cd1746cb907f2023-02-15T16:20:08ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-09-011054774Financial Comparative Analysis of State Public Universities of PunjabSarbjeet KaurGurcharan Singh Finance is the strategic intent to boost the development and growth of all industries. Presently, Indian higher education has attained an impressive growth rate, and finance is playing a vital role in its continuous development and attaining a competitive edge. Therefore, the present study aims to analyze the financial performance of the Indian public universities located within Punjab. The data of universities' financial performance between 2003 and 2019 were taken into consideration. The Welch and post-hoc tests were employed to answer the research questions. The study found no significant difference in the income level of the universities but the results confirmed a significant difference in expenditure level. The findings of the study may draw the attention of academicians, and policymakers to build a balance between income and expenditure.  Keywords: Higher education, Financial Performance, Reports, Budget. JEL Classifications: G2, H61, I23 DOI: https://doi.org/10.32479/ijefi.10458 https://econjournals.com/index.php/ijefi/article/view/10458
spellingShingle Sarbjeet Kaur
Gurcharan Singh
Financial Comparative Analysis of State Public Universities of Punjab
International Journal of Economics and Financial Issues
title Financial Comparative Analysis of State Public Universities of Punjab
title_full Financial Comparative Analysis of State Public Universities of Punjab
title_fullStr Financial Comparative Analysis of State Public Universities of Punjab
title_full_unstemmed Financial Comparative Analysis of State Public Universities of Punjab
title_short Financial Comparative Analysis of State Public Universities of Punjab
title_sort financial comparative analysis of state public universities of punjab
url https://econjournals.com/index.php/ijefi/article/view/10458
work_keys_str_mv AT sarbjeetkaur financialcomparativeanalysisofstatepublicuniversitiesofpunjab
AT gurcharansingh financialcomparativeanalysisofstatepublicuniversitiesofpunjab