Analysis of the Value Creation in Higher Institutions: A Relational Perspective

Despite the growing interest in value creation, a review of the relevant educational literature reveals that there is no generally accepted and empirically confirmed relational model of the student value creation process. This paper contributes in this way, analyzing several antecedents and conseque...

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Bibliographic Details
Main Authors: Raquel SÁNCHEZ-FERNÁNDEZ, M. Ángeles INIESTA-BONILLO, Walesska SCHLESINGER-DÍAZ, Pilar RIVERA-TORRES
Format: Article
Language:English
Published: General Association of Economists from Romania 2010-10-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/518.pdf
Description
Summary:Despite the growing interest in value creation, a review of the relevant educational literature reveals that there is no generally accepted and empirically confirmed relational model of the student value creation process. This paper contributes in this way, analyzing several antecedents and consequences in the value creation process between graduates and their universities. We therefore study the effects of the quality of the student-professor interaction, trust, and university image on student perceived value. Moreover, we analyze the impact of perceived value on student satisfaction and loyalty. An empirical study was carried out in order to test the proposed theoretical model. The findings provide relevant academic and managerial implications for strategic decisionmaking at universities.
ISSN:1841-8678
1844-0029