Dissertation/Thesis Abstract

Alternative funding strategies and resources for the development of undergraduate insurance and risk management programs: Exploring the efficacy of a theoretical model
by Arnold, Allen George, Ph.D., Oklahoma State University, 2014, 171; 3729532
Abstract (Summary)

Due to funding diminishment from traditional sources, many insurance and risk management undergraduate degree programs have turned to alternative funding resources in order to survive. This qualitative multi-case study interviewed key participants (college faculty, department chairs, and deans) in three insurance and risk management programs in order to identify the effects of systemic budget constraints and alternative public and/or private funding strategies and resources that were being utilized. Additionally, the collected data were analyzed to evaluate the appropriateness of Bess and Dee's Models of Organization - Environment Relations to an undergraduate insurance and risk management degree program. Their model incorporates organizational theories (resource dependency theory, contingency theory, institutional theory, population ecology theory, niche theory, and the random transformation model) to explicate policies and practices in higher education institutional organizations. Interview participants confirmed the effects of the funding decline, with the most significant impact being on faculty engagement. Alternative funding strategies were identified and categorized by the source of funds. An analysis of the majority of collected data indicated an alignment with contingency theory in all three programs. In exploring the efficacy of Bess and Dee's Models of Organization - Environment Relations (2012), this theoretical construct was evaluated for contextual appropriateness. This study proposed that this theoretical model may have value for consideration in evaluating an undergraduate insurance and risk management program's relationship with its external insurance stakeholders and donors. Keywords: insurance and risk management undergraduate degree programs; alternative funding; Models of Organization - Environment Relations; organizational theories

Indexing (document details)
Advisor: Wanger, Stephen
Commitee: Ausburn, Lynna, Kearney, Kerri, Mendez, Jesse
School: Oklahoma State University
Department: Education
School Location: United States -- Oklahoma
Source: DAI-A 77/03(E), Dissertation Abstracts International
Subjects: Business administration, Educational leadership, Business education
Keywords: Alternative funding, Insurance and risk management, Organizational theories, Risk management degree programs
Publication Number: 3729532
ISBN: 9781339154244
Copyright © 2019 ProQuest LLC. All rights reserved. Terms and Conditions Privacy Policy Cookie Policy