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Analysis of the College Financial Security Mechanism from the Vision of Governance Structure.doc
Analysis of the College Financial Security Mechanism from the Vision of Governance Structure
Abstract
This article, with college financial safety situation as the pointcut, analyzes and researches the effects of the governance structure on college financial security and explores the financial security system to promote the sustainable development of colleges and universities from the perspectives of college internal and external governance structures.
Key words: University development; Governance structure; Financial security
WEI Qianmei (2012). Analysis of the College Financial Security Mechanism from the Vision of Governance Structure. Higher Education of Social Science, 3(3), -0. Available from: http:///index.php/hess/article/view/j.hess.1927024020120303.ZT0486
DOI: http:///10.3968/j.hess.1927024020120303.ZT0486
In 2007, Jilin University owed more than 3 billion Yuan, causing wide concern from all walks of life over college financial risk and financial security in the rapid development of our country’s higher education. Then the CPPCC national committee released a survey: In 2007 the university total loans of our country was over 250 billion Yuan, and insiders predict by the end of 2011 the total debt will be over 450 billion Yuan. Therefore, college debt crisis is not only limited to Jilin University, but a common problem seriously threaten the college financial security. Many experts and scholars analyze that many factors caused the current university financial risk, including such internal and external subjective and objective reasons as system mechanism etc.. This article analyses and explores the college financial security mechanism from the angle of governance structure of, aiming to provide useful reference basis for the management at all levels to prevent and control college debt risk and financial crisis.
1. AN OVERVIEW OF THE SITUATION OF THE CURRENT COLLEGE FINANCIAL SAFETY
From the character of universities being nonprofit
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