Statutory compliance in assets disposal practices in the public sector: Evidence from Ghana

摘要

Background: This article examined the unserviceable assets disposal practices of five polytechnics (tertiary educational institutions) in Ghana.Objectives: The aim was to determine the extent of statutory compliance, and the degree to which value for money was achieved in actual disposal.Method: A survey was conducted using interviewer-administered questionnaires containing five-point likert scale test items. Descriptive statistics and a one-way analysis of variance (ANOVA) were employed to analyse the data.Results: The study results showed that a limited number of polytechnics had internal policies to operationalise statutory procurement legislation. Top management demonstrated very clear understanding of procurement legislation whilst senior-level managers displayed mixed levels of understanding. The section of the legislation dealing with disposals and the procedures pertaining thereto is perceived to be difficult to implement and does not promote value for money. Top management's interference in auctions was the toughest challenge in the process, whilst public auction was the predominant method used in assets disposal.Research limitations: The research was carried out in only five polytechnics. This study could be replicated in other tertiary institutions or in other sectors outside higher education.