College Financial Performance Evaluation Research Based On The Stakeholder

Institutions of higher learning is an organic whole, which is composed by government,college administrators, staff, students and their parents, creditors, donors and stakeholders.And each stockholder’s interests demand and degree are also different from others. At present,When evaluates a college’s financial performance, it means that takes the government’sbenefits as the target, and its requirements will be the only standard of the goal of collegefinancial performance evaluation. Obviously, the college financial performance evaluationmethod is not comprehensive and scientific. In practice, this kind of performance evaluationway also has been continuously appearing all sorts of abuses. Institutions of higher learningand the social requirements in itself for college financial performance evaluation, in additionto consider the government’s interests outside, still have to also consider to faculty, studentsand their parents, creditors, and other stakeholders in the interests of the reasonable needs.Build the financial performance evaluation system which based on the stakeholder interestsdemand, this also meets our requirements of building a harmonious society.The higher education system in China after the reform, the college recruits students’number increases year by year, In order to meet the needs of the enrollment, the hardware andsoftware facilities such as to increase accordingly. But because of government financing is notcorresponding greatly increased, the universities in the base construction’s funds required arealways through bank loans to get. But university is not enterprise, the education of publicproperty decided it’s nonprofit and also leading to it is very hard to solve the college debtproblems through their own profit. So, for a lot of colleges there are certain financialproblems. In this context, the institutions of higher learning to the financial performanceassessment are particularly important.This paper based on the theory of stakeholders, analyses the present relationship ofuniversities and stakeholders’interests by using entirely analysis method. On the base ofothers’enterprise performance evaluating system，We construct a set of performanceevaluation index system based on stakeholder theory so that the stakeholder’s interests Callbe well reflected． It is made up by the college financing capability evaluation subsystem,college fund performance evaluation subsystem, college financial evaluation subsystem ofcomprehensive strength and universities as well as the ability of sustainable developmentevaluation subsystem four subsystems. This paper also try to establish the quantitativeanalysis model and make the performance evaluation index system is more reasonable, so asto raise the level of financial management in university future has certain reference function.