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The Unfinished Business of Governance

Monitoring and Regulating Industries and Organizations

Alexander Styhre

The Unfinished Business of Governance provides an overview of the changing landscape of governance and focuses on the three specific domains of corporate governance, university governance, and market governance. The book examines how changes in competitive capitalism and the wider social organization of society is recursively both determined by, and actively shaping underlying governance ideals and their practices. The shared theme in the various changes of the governance system is that free market theory and ideologies have gradually penetrated governance practices.
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Chapter 3: Governing the university system: how to blend algorithm governance and social meaning

Alexander Styhre


Chapter 3 examines the governance of the university sector, and stresses how, e.g., the uses of “big data” and algorithms in what is referred to as algorithm governance is now commonplace to commensurate heterogeneous entities, a process integral to market making. The chapter discusses “the politics of measuring,” now pervading all spheres of social life, resulting in new metrics being constitutive of agency. Using the specific case of credit rating on the basis of so-called FICO-scores, determining degrees of creditworthiness in American society, the politics of measuring is today an ongoing and ceaseless control mechanism. The second half of the chapter examines university ranking, another case of measurement to determine the status and position of higher education institutions. The chapter concludes that contemporary university governance is riddled with problems and inconsistencies, not least the problem of handling reactivity, agents’ rent-seeking work within existing governance models.

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