Table of Contents 

Features

Research Universities and the Future of America
By James J. Duderstadt

The research university is a key asset in achieving economic prosperity and security. Yet even as other nations have emulated the United States, America’s commitment to sustaining the research partnership that built a great industrial nation seems to have waned.

When Governance Goes Awry: What Are the Takeaways?
By AGB

Trusteeship asked some top higher education leaders and experts to comment on the key issues that emerged from recent governance scandals at the University of Virginia, Penn State, and other institutions, highlighting the implications and lessons for boards.

Transforming Institutions Through Shared Governance
By Rita Bornstein

Shared governance is a basic tenet of higher education. But what, at its best, does shared governance mean in today’s changing environment? How can institutions most effectively implement it, and what are the specific roles of the board, the president, and faculty members, in doing so?

Bridging the Different Worlds of Faculties and Boards
By Roger G. Baldwin

State Policies and Practices to Improve Board Governance
By Richard Novak

High-profile controversies have raised many questions among policy makers, the public, the press, and other stakeholders regarding the selection, education, capacity, and motives of public board members. To whom is the board accountable? Is this the tip of an iceberg of failing public governing boards?

A Strategic Approach to Shaping Effective Boards
By Michael J. Zeig and Michael Rao

Why Cash Flow is No Longer for Wimps
By John R. Curry and Lyn Hutton

Managing liquidity—an institution’s ability to access cash quickly or to easily convert assets to cash—is an increasingly crucial component of enterprise risk management. Given its importance to financial stability, liquidity deserves growing and sustained attention from board members.

Departments

Thorny Issue
Overly Scripted Board Meetings
By Charlene K. Reed

Legal Standpoint
If Faculty Collective Bargaining Comes to Your Campus
By Lawrence White

Datatfile
My Institution Is Very Successful, Higher Education Not So Much
By Merrill P. Schwartz

Focus on the Presidency
A New President and the Board Chair Compare Notes
By Devorah Lieberman

View from the Board Chair
Retention and Graduation Rates: What Does Your Report Card Say?
By David K. Hendrickson

A Question For… 
Stephen M. Jordan
What Does the Affordable Care Act Mean for College Campuses?