The Research On Improvement Of Budget Management In Hunan University Of Commerce Based On Stakeholders

Under the environment of the reforming of the universitysystem, universities can not be separated for the seeking of theimprovement of competitiveness through budget management tooptimize the allocation of resources. Optimal allocation ofresources is highly concerned in the content of universitygovernance. Universities are not isolated as they externallyrelated to the government, parents, creditors and otherstakeholders, while internally be influenced by the teachers,administrators, students. University governance is about how thestakeholders operate, govern, and manage the university affairsand their relationship. Budget management is concerned with thestakeholders operating, governing and managing budgets.Stakeholder theory can be applied to the coordination and balanceof all the stakeholders. University governance and budgetmanagement can be mutually reinforcing. The purpose of viewingthe university budget management in the perspective of governanceis to promote the innovation of budget management system andoperating mechanism by introducing the concept of governance intobudget management. The reform of higher education can be moreconductive, universities can develop healthily and the conflictsand problems within the university can be solved. Theparticipation of university stakeholders can promote theuniversity develop with regular pattern, adapt the developmentof economy and society, and improve the internal managementsystem of universities to maximize the functions of theuniversity and guide the managing work in the university.This paper adopts mainly normal study, case analysis methodof combining, in elaborated the university governance theory,stakeholder theory, the theory of budget management, budgetmanagement in Colleges and Universities Based on thedecomposition of Hunan University of Commerce right on budgetmanagement present situation analysis, pointed out the Hunan University of Commerce budget management problems originatedfrom Hunan University of Commerce budget authority configurationis not reasonable. The budget management based on stakeholdertheory is to solve the budget management link among theparticipants and limits of liability fuzzy problem, to perfectbudget management solutions. Proposed through the specificationof stakeholders on the budget management of power decompositionto achieve improvement of budget management of Hunan Universityof Commerce. Based on stakeholder theory to improve the HunanUniversity of Commerce budget management is to clear the budgetmanagement of stakeholders’ rights and responsibilityrelationship and balance. Hunan University of Commerce and clearand different interest demands and responsibilities missionpowers include the relationship of administrative managementstaff budget forecast decision-making power, the professorsinvolved in budget management budget forecasting and decisionmaking, standard budget control, expand the budget supervisionright. At the same time, pointed out that stakeholderparticipation in the budget management of colleges anduniversities requires some mechanism as the guarantee, presentedat the Hunan University of Commerce Teachers, set parentcommittee, standardize the students from the mechanism from thetube to ensure the Hunan University of Commerce stakeholdersbudget management of the realization of the right.