Font Size: a A A

Research On The Financing Improvement Of Hunan Sany Engineering College Co.,LTD

Posted on:2020-05-26Degree:MasterType:Thesis
Country:ChinaCandidate:Z D XuFull Text:PDF
GTID:2427330623451477Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Since the 1980 s,private colleges and universities have made considerable progress in China,which effectively alleviates the contradiction between the increasing demand for higher education and the insufficient supply of resources for higher education.While making great progress,private colleges and universities in China are facing many difficulties,of which the biggest difficulty is the shortage of funds.Since private colleges and universities rely entire ly on independent raising,bank loans and social donations are their main means of financing at present.However,the financing channel is single,and the income structure of school is also relatively single,because the school income mainly comes from tui tion fees.This development mode of single financing and single income exposes the risk of private colleges and universities in financial operation.That is,once the number of student shrinks and the income from tuition fees falls,the normal operation an d sustainable development of private colleges and universities will be threatened directly.Therefore,financing has become an urgent problem in the development of private colleges and universities.This thesis takes Hunan Sany Engineering College Co.,LTD as the research object(hereinafter referred to as Sany College),and applies documentary method and comparative analysis method to study the financing situation of trinity colleges.Through on-spot investigation and in-depth interview,it discusses the issues that exist in the financing business of trinity college,which is summarized in the following three aspects,insufficient fund from government,monotonous financing channel and lack of importance to inner financing source.The reasons that lead to tho se issues include many factors,such as the incomplete laws and regulations,incomplete implementation of policies,lack of financing channels,as well as the colleges' own incapability of financing.Since the listing of Sany College in the New OTC Market in 2017,the College has entered a period of rapid growth and is facing increasing financial pressures.Under the circumstance of limited space for the rise of income from tuition fees,Sany College has gradually defined the financing measure.Firstly,it will strive for government funding and policy support,then it will actively explore the capital market to expand financing channels.Finally,Sany College puts forward that strengthening self-construction is very important for the long-term development of financing business.In order to implement the improvement scheme of financing,this paper starts with the general environment of private higher vocational education,and puts forward specific measures to improve the financing scheme of Sany College from three aspects: renewing financial concepts,clarifying the ownership of rights and doing well in fund management.This research can provide references for promoting the level of fund management and sustainable development and enhancing the core competitiveness of Sany College.Meanwhile,this research reflects the development problem in the general environment of private higher vocational education in our country,which has great representativeness and certain promotional value,although it is based on the financing problem of Sany College,a single private higher vocational college.
Keywords/Search Tags:Sany College, Financing, financing channel, improvement measure
PDF Full Text Request
Related items