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Is the college education foundation′s internal governance effective: based on an empirical study of 262 college education foundations |
YAN Kegao, LIN Shunhao |
(Law School, Hunan University, Changsha 410082, China) |
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Abstract Under the development of China′s higher education and the current construction of "Double Firstclass", the function of college education foundations becomes more evident. From the perspective of the resource dependence theory, this paper constructs an internal governance analysis framework whose core is the board, collects the sample data of 262 college education foundations of China by hand, and empirically analyzes the relationship between internal governance and organizational performance of college education foundations. The study finds that the board size has positive effects on the college education foundation′s organizational performance, and there is a significant negative correlation between the age of secretarygeneral and organizational performance. However, external directors, director candidates and age of directors have no influence in this regard. Accordingly, to further enhance the effectiveness of internal governance, it is appropriate for college education foundations to expand the board size, give full play to the role of external directors, promote the "rejuvenation" of the executive layer of the secretariat, and institutionalize the foundation work performance into the director evaluation system.
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