Journal of East China Normal University(Educational Sciences) ›› 2019, Vol. 37 ›› Issue (6): 83-93.doi: 10.16382/j.cnki.1000-5560.2019.06.008

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Research on the Relationship between University Governance, Financial Management and Value Added

Yang Rong1,2, Wang Wen1, Liu Tingting1   

  1. 1. Faculty of Economics and Management, East China Normal University, Shanghai 200062, China;
    2. National Institutes of Educational Policy Research, East China Normal University, Shanghai 200062, China
  • Online:2019-06-25 Published:2019-11-22

Abstract: Promoting the construction of first-class universities and disciplines for the sustained development of higher education is the process of continuously improving the value of universities. This article takes the universities directly under the patronage of the Ministry of Education as the research subject. Using university financial management as the starting point, the article examines the intrinsic link between university governance and value added. Also, it constructs a theoretical analysis framework of university governance-financial management-value added, and explores the mechanism of financial management in the process of university governance and its value added. The results show that the more efficient university governance is, the more beneficial it is to university value added. University governance further promotes its value added through financial management. However, it is mainly reflected in the value of scientific research, while the improvement of teaching value is not significant.

Key words: university governance, financial management, university value added