An Examination of Educational Finance Practices in China

• In Event: Poster Session 12
  In Poster Session: Higher Education, Professional Education, and International Lenses

Abstract

This study has investigated the school finance practices in China through the perceptions of school administrators in two provinces. A validated survey questionnaire was developed by the researchers to contain 14 open-ended questions to cover school revenues, expenditures, budget process, auditing system and equity issues. Sixty-two out of the 100 invited school administrators responded. Participants’ responses were examined for patterns, themes and consistencies. The findings indicated that the provincial governments are responsible for 60% of the educational revenues in China. Major education expenditures include educational facilities and personnel employment with sizable resource disparity among schools. Results also showed that school budget and audit processes are primitive. The findings of the study will help Chinese educators improve their financial management practices.

Authors

• Tak C. Chan, Kennesaw State University

• Zhi Ding Shu, Shanghai Normal University

• Meimei Xu, Kennesaw State University