Research On Governance On Departmental Coffer Of Public Institutions By Financial Perspective

Departmental coffer, as a unique economic outcome of domestic economy, is an result of transform from planned economy to market economy. The existence of departmental coffer has greatly damaged the development of economy in China and also seriously scrambled the normal economic order. Departmental coffer has become the shaky place of corruption of Party and government cadres. Great losses of state capital and state revenue are also the consequence of the existence of departmental coffer. Considering the severe results of departmental coffer, CPC central committee has launched several times special governance on departmental coffer. However, departmental coffer is still persisted and even getting worse. Meanwhile, departmental coffer is showing some new characteristics.In recent years, the governance on departmental coffer has become the focus of the academia. However, there is barely any extensive literature discussing departmental coffer of public institutions. Many scholars generally take departmental coffer of administration and public institutions as a whole as research subjects ignoring a series of unique characteristics of public institutions. Currently, departmental coffer of public institutions has some differences between administration on scope, forms, checking thoughts, governance measures and management system of state capital. Public institutions, as an important component of political and economic life in China and also plays an significant role. Currently, there are about1260thousands public institutions in China hiring over300million employees and a great number of state assets, involving multiple areas including education, technology, culture and health services. According to the statistics of the third special governance on departmental coffer in2011,23068public institutions departmental coffer are found referring119.18billion. About109.71billion has got corrected and5808person in charge has been accounted to responsibility. All these indicators are obviously higher than departmental coffer of administrations. Under this background, taking departmental coffer of public institutions and administrations as a whole is quite disobeying the objective reality. As a result, doing a special research on departmental coffer of public institutions has outstanding values both theoretically and practically.This paper started from the conception of departmental coffer, and also giving general analysis on it. Based on these analyses, the related theories about public institutions have been drawing in. As a consequence, the conception of public institution departmental coffer is cleared. This paper gives the analysis on characteristics and harm of public institution departmental coffer by combining the forms and current situation on financial management and state assets management. At last, this paper introduces the specific measures on governance on departmental coffer of public institutions combining financial management, object management, accounting information system and internal control.