State budgeting and resource allocation has been a complex process due to the demands of lobbyists for such strongly disputable priorities such as K-12 education, Medicaid, corrections, transportation, and health and human services. Funds, appropriated to institutions of higher education, are typically more delicate to the condition of the economy…

Several studies have focused on the increasing gender diversity in the boardrooms of corporations; both on what causes the increase and how this affects performance. Institutions of higher education also have governing boards but their incentive structures are quite different than those of corporations, thus providing a unique opportunity to study…