Philosophy of Management 6 (1):17-34 (2007)

For-profit universities are degree-granting institutions that are owned and operated by business corporations. This paper addresses two related public policy questions about for-profit universities. First, should governments and appropriate regulatory bodies permit for-profit universities to grant degrees in their jurisdiction? Second, should higher education policy be developed to create for-profit universities? In this paper, a property rights argument is presented to demonstrate that a corporation should have the right to offer degrees if certain regulatory tests can be met. In limited circumstances, governments might consider establishing for-profit universities, but only if they promote public goods
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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ISBN(s) 1740-3812
DOI 10.5840/pom2007613
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