Fairness in Academia: Exploring the Impact of Organizational Justice on Economic Performance in Postgraduate Colleges

Abstract

This study investigates the complex relationship—which has significant academic and practical implications—between organisational fairness and economic success in postgraduate colleges. Based on the complex idea of organisational justice, which includes distributive, procedural, and interactional justice, the study looks into how these aspects of organisation justice affect academic institutions' financial success. The study, which is situated within the resource-based theory of the company, makes positive association hypotheses between each component of organisational justice and economic success based on a wealth of literature. Structural Equation Modelling (SEM) was used in a quantitative research technique, and data from 250 faculty members from different postgraduate colleges was gathered. Fairness in workplace outcomes, procedures, and interpersonal interactions has a strong positive impact on economic performance, as demonstrated by the SEM study, which also showed significant positive connections between all three dimensions of organisational justice and educational institution effectiveness. The findings, which emphasise the need of fair resource allocation, courteous interpersonal treatment, and open decision-making processes, have significant consequences for academic policy and practices. This research not only contributes to the theoretical understanding of organizational justice in the academic context but also provides practical insights for enhancing institutional performance through fairness and justice. The study concludes with recommendations for future research, emphasizing the exploration of these dynamics across different cultural contexts and over time.