CREATING SUSTAINABLE VALUE IN PUBLIC HIGHER EDUCATION: A ROMANIAN EXPERIENCE

摘要

In the context of new reporting settings oriented towards sustainable development, the inherent shapeshift in paradigm enables reporting entities to consider a wider range of elements within their disclosure output. Therefore, the concept of sustainable value gathers a more emphatic interest within the reporting set. The aim of this paper is to analyse how this concept of value creation is addressed within the boundaries of the public higher education, as the activity and actions of its constituting entities present a significant impact on society. To achieve this aim, we focus on public universities from a regulation-compliance oriented setting (such as Romania) and we assess, using content analysis on their current reporting set, the extent to which the concept of sustainable value creation is already a part of their disclosure pattern. The main findings show that, although the official regulation reference does not purposely delineate the concept of value creation, the existing reporting set includes instances of this concept, drawn from other frameworks linked to systems which take into account (or have evolved from) a sustainability setting.