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Sustainable Universities, from Indifference to Joint Action – A Panel Data Analysis

Author

Listed:
  • Elena-ClaudiaSerban

    (The Bucharest University of Economic Studies, Romania)

  • Anca-Maria Hristea

    (The Bucharest University of Economic Studies, Romania)

  • ?tefania-Cristina Curea

    (The Bucharest University of Economic Studies, Romania)

  • Raluca-Florentina Cretu

    (The Bucharest University of Economic Studies, Romania)

Abstract

The implementation of the sustainable development concept within academic environments is one of the top priorities of the national and international academic management. The aim of the article was the analysis of the weights of the five Universitas Indonesia GreenMetric criteria used to assess the academic sustainability level, which determine the final ranking score. The initial observance period was ten years but since the individual criteria weights were not included in the 2010-2013 reports, the analysis period was reduced to six years. The sample encompassed universities from Europe. This choice was determined by the fact that the highest ranked universities in the rankings used for the research were European universities. The selection included 58 universities from 18 countries. The data was processed through the Eviews software using the Ordinary Least Square method, with corrections for the fixed effects panel data. The results of the research confirm that the strength of the connection between the five criteria for assessing sustainability at the university level and the total score of hierarchy of sustainable universities is very high. The purpose of this paper is finding conclusions concerning the probability, for some universities included in this ranking system, of gradually adjusting their sustainability level through the most susceptible indicators by the human factor.

Suggested Citation

  • Elena-ClaudiaSerban & Anca-Maria Hristea & ?tefania-Cristina Curea & Raluca-Florentina Cretu, 2020. "Sustainable Universities, from Indifference to Joint Action – A Panel Data Analysis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(54), pages 376-376, April.
    • Handle: RePEc:aes:amfeco:v:22:y:2020:i:54:p:376
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    References listed on IDEAS

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    1. Mihai Andronie & Violeta-Elena Simion & Elena Gurgu & Adrian Dijmãrescu & Irina Dijmãrescu, 2019. "Social Responsibility of Firms and the Impact of Bio-Economy in Intelligent Use of Renewable Energy Source," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 520-520, August.
    2. Marieta Olaru & Ghiorghiţa Stoleriu & Ioana Maria Diana Şandru, 2011. "Social Responsibility Concerns of SMEs in Romania, from the Perspective of the Requirements of the EFQM European Excellence Model," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(29), pages 56-71, February.
    3. Milad Mohammadalizadehkorde & Russell Weaver, 2018. "Universities as Models of Sustainable Energy-Consuming Communities? Review of Selected Literature," Sustainability, MDPI, vol. 10(9), pages 1-17, September.
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    Cited by:

    1. Romeo-Catalin CRETU & Irina-Daniela CISMASU & Adrian ANICA-POPA & Petrica STEFAN, 2021. "Education In Digital Era Between Analysis Of Predictability And Consolidation Of Resiliance," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 274-289, November.

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    More about this item

    Keywords

    sustainable university; evaluation criteria; ranking; score; regression equation; sustainability policy;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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