Date of Award

2022

Degree Name

Leadership Studies

College

College of Education and Professional Development

Type of Degree

Ed.D.

Document Type

Dissertation

First Advisor

Dr. Dennis M. Anderson, Committee Chairperson

Second Advisor

Dr. Charles Bethel

Third Advisor

Dr. Steven W. Pickering

Abstract

The findings of this study suggest that while the FRR score provides a reasonable indication of financial fragility over a subsequent five-year period, the FRR score is little better than a coin flip in predicting whether a religiously affiliated higher education institution will be financially troubled enough to close within the subsequent five years. The study found that using a multi-factor model to predict closure results in higher predictive accuracy during the observed period.

Subject(s)

Education, Higher – United States – Finance.

Religious institutions.

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