Exporting the RAE: adoption of similar practices in Australia and New Zealand
Purpose - The purpose of this paper is to provide a comparative description of performance evaluation schemes in the UK, Australia and New Zealand. Design/methodology/approach - The main content of the paper is a description of the Research Assessment Exercise (RAE) followed by an analysis of the structure and intent of operation. This is followed by an examination of three Australasian systems, the Research Quality Framework (RQF) (abandoned before implementation), the Excellence in Research in Australia (ERA) (yet to be provided in detail), and the NZ Performance Based Research Fund (PBRF) (operated twice over a period of six years). Findings - The final section attempts to discern whether traces of the RAE can be seen in the Australasian systems and also considers the attributes of each attempt to measure performance. Originality/value - This paper presents a description of both the RAE, the RQF/ERA and the PBRF, followed by an analysis of the structure and intent of the latter two and a comparison of these evaluation systems.
Asian Review of Accounting
Accounting, Auditing and Accountability not elsewhere classified