Study On The Asset Problems While Higher Education Institution Running Independent College

In April 2003, the Ministry of Education of the People's Republic of China promulgated the document"Some suggestion for standarding and strengthening Higher Education Institution's management through new mechanism and model to run Independent College", requesting the independent college and its parent university to separate. And the essence of the document is focus on the assets division of independent college and its parent university. It's already four years since the document appeared, and what is the current situation of parent university's assets in independent college, what are the main problems about the assets division, and how to protect the state-owned assets while higher education institution running independent college? In this thesis, we did some study on the above topics.The study significance of this thesis lies in: Firstly, it's helpful to protect the state-owned assets while higher education institution running independent college. Secondly, it's helpful to construct the clear property right system and standard corporate governance structure for independent college. Thirdly, it's helpful to standard the schooling behavior and goal for parent university. Finally, it's helpful to coordinate the benefit relationship between independent college and its parent university.The innovation of this thesis lies in: Firstly, there are many problems while higher education institution running independent college, and many scholars have made studies on them. But we found the the most important are asset problems and property right system. Secondly, we used the property right and joint stock system theory to resolve the problem about the state-owned assets protection while higher education institution running independent college. Thirdly we did classification for independent college according to parent university's ivestment in independent college and their poperty right relation, which is very different from the former classification methods by schooling model and development pattern.The major points and conclusions of this thesis are: Firstly, through induction we found that majority of independent college existes the problems such as asset confusion and deficient asset appraisal. Secondly, we analyzed many inappropriate forms about independent college, for example, independent college in parent university, independent college out parent university, etc. Base on those kinds ofindependent college, we analyzed the theory of rent-seek and its characters, pointed out its limitation. Finally, based on the former analysis, we presented some methods and suggestions to resolve current problems. We think it's urgent for independent colleges to introduce the joint stock system schooling model. At the same time, we need to construct the clear property right system and standard corporate governance structure for independent colleges. It's the basic method to standard the schooling behavior for various aspects and to maintain and increase the value of state-owned assets.