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Elite universities in the United States and the United Kingdom have been investing endowment funds offshore in order to pay little or no tax, according to details revealed in the so-called Paradise Papers. According to the student run Fossil Free Pitt Coalition “We are concerned about the lack of transparency, as two-thirds of the endowment is just a mystery to us. We are suspicious about where that huge segment of the endowment is going.” An emeritus professor in accounting at the University of Essex, told the newspaper that UK universities should be more transparent about their investment decisions, since they are public institutions that receive public money, including from the European Union.

Integrity is not just a cornerstone of quality and equity in education; it is the foundation of a healthy, open society. School is typically the first place where children are exposed to diverse cultures and interact with public institutions. Addressing highly visible and criminal misconduct in education is a first step in establishing this trust. Merit-based, high-quality education is essential for Ukraine’s economic growth and social progress. Trust, openness, and transparency are the building blocks of a well-functioning education system and society. With these, Ukraine can achieve better outcomes from its education system, ensuring that human and financial resources are well used, that students have equal opportunities to learn, and that educational qualifications faithfully reflect students’ achievements.

Across the country, academies have been plagued by allegations of financial impropriety, conflicts of interest and even corruption. Unlike schools under local authority control, academies are responsible for their own financial management. Although this means that developing good corporate relations is essential, many have ended up without a proper framework for transparency and accountability. A 2014 report for parliament claimed that “conflicts of interest are common”, adding: “There is a broader sense that the academy system lacks transparency.”

Experts from many African and European countries have blamed lack of transparency and unethical practices as some of the reasons preventing Nigerian universities from making the list of best global institutions. Transparency in admissions, teachings and university administration were some of the criteria used for judging the best universities worldwide. They further said that Nigerian universities must train students on character and integrity for them to compete globally.

A German finance expert has warned that the country’s federal states could be entering a “dangerous race to the bottom” regarding legislation on transparency in cooperation between industry and higher education. He believes that cooperation agreements should be publicly accessible in order to guarantee academic freedom. The professor of finance and political economy at Aalen University, contested a contract between the University of Mainz and the Boehringer Ingelheim Foundation, the country’s largest pharmaceutical company that also engages in research.

In a surprise move, the president of the Johannes Gutenberg University of Mainz in Germany this week announced plans to overhaul controversial contracts governing the use of a €150 million donation from a philanthropic foundation. Critics have charged that the agreement gives the donor too much control over publishing decisions and faculty appointments at the school’s Institute of Molecular Biology, which the foundation helped create in 2009. The move, which could eventually influence similar funding arrangements at other German universities, only partly satisfies critics. They are pushing for greater transparency from universities and donors.

German university heads have welcomed proposals by the Stifterverband – a network of foundations, businesses and individuals supporting the country’s higher education and research – for improved transparency in collaborations between universities and industry. The recommendations, issued in mid-April, stress the “responsibility of universities, as autonomous institutions, to regularly and appropriately inform the public about their collaborative projects with industry”.