Financial characteristics of the nonprofit organisation: theory and evidence for the assessment of the financial condition of South African public universities
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Expendable asset availability
Cash sufficiency Cash balances are positively associated with university financial condition.
Operating expenses Operating expense proportion is positively associated with university financial condition.
Accountability
Accounting choices
Data reformulation
Development of an indicator set
Problems in the development of appropriate analytical techniques
The 2013 factor analysis in detail
Factor 2 Communality
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