Governance practices in private management colleges in West Bengal: a perceptual undertone of faculty members

An academic institution ensures its sustainability with good governance. The higher education sector is facing many challenges not only in India but globally as well, and practicing good governance is one of them. Many kinds of literature have coined governance practices in education institutes to date. This paper deals with the perception of faculty members towards governance practices in different private management colleges in West Bengal. The study has used descriptive statistics, factor analysis and regression statistics to analyse the data. The study has found a perceptual gap of the faculty members towards an ideal state of governance and practicing governance. The results show that the private management colleges in West Bengal have been suffering from not exercising good governance in the area of system, structure, management style, culture, accountability and compliance, and communication.