A Study in the Incentive Model of China’s Private College President

DOI

10.2991/meic-14.2014.247How to use a DOI?

Keywords

private college; incentive; board of directors;president

Abstract

The rapid development of private higher education institutions has made private colleges enter an intensive development stage, and the incentive to the private college president has become an important subject. However, the Ex ante incentive is superior to the Ex post incentive, and how to provide the effective incentive to the president after their appointment has become an urgent problem. Based on years of experience, I propose that the private college is complex entity with multiple governance mechanisms, or in other words, the private college is the same as other enterprises which all face the dual constraints of profit and development. Essentially, the first aim for the private college is how to get profit, and the second is how to grow. I will argue that in order to achieve the goals above, ‘stock-based incentive’ is the proper incentive for the private college president.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yong Duan
PY  - 2014/11
DA  - 2014/11
TI  - A Study in the Incentive Model of China’s Private College President
BT  - Proceedings of the 2014 International Conference on Mechatronics, Electronic, Industrial and Control Engineering
PB  - Atlantis Press
SP  - 1109
EP  - 1112
SN  - 2352-5401
UR  - https://doi.org/10.2991/meic-14.2014.247
DO  - 10.2991/meic-14.2014.247
ID  - Duan2014/11
ER  -