In the year 2012, we heard of 2 scandals at 2 Canadian Universities
- A bloated, unauthorized executive expense scandal at the University of Calgary
- A false invoice scandal at York University.
- Wonder which one is next?
- Why are Universities prone to scandals?
- Of course, there are financial scandals in every organization, but is there something different about Universities?
- What are the measures in place at Canadian Universities to prevent scandals?
- Is there sufficient transparency and accountability? Is there proper auditing? External auditing?
- Are enough questions asked by the stakeholders like the students and general public?
- Scandals can occur when there is asymmetry of information, or information hidden from general public. Are there open tenders for contracts and for materials supplied, or is there no bidding?