Author(s)

Liu Guoyong

Corresponding Author

Liu Guoyong

ABSTRACT

This paper combines the theoretical study of research with the case study, based on the stakeholder theory, principal-agent theory, and legal person theory, analyzes the inspiration of the three theories for improving the internal governance in private colleges and universities, analyzes the problems existing in the internal quality of private colleges and universities from three aspects, and explains the reasons behind the lack of university system. Finally, this paper studies the path of optimizing the internal governance structure of private colleges and universities, and proposes to clarify the property rights, establish a property right system suitable for corporate governance of private colleges and universities, improve the board of directors, establish a decision-making system suitable for corporate governance of private colleges and universities, promote the occupational principal system, and establish a corporate governance system suitable for private colleges and universities.

KEYWORDS

Private colleges and universities, relative separation of investment and management, internal governance