EuroEconomica, Vol 32, No 2 (2013)
Bankruptcy Crisis of Private HEIS in China: A Discussion Based Upon the Policy Environment
Abstract
The Chinese private higher education institutions (HEIs), with the feature of different types, played an important role in the process of mass higher education in China. However, many private HEIs are facing the bankruptcy crisis, because of the change of environment, such as fewer enrollments, more severe competition and so on. This study mainly examines the bankruptcy crisis of private HEIs in China in the context of policy environment. This is undertaken through an investigation into the underlying limitations in the current policy environment. As a conclusion, recommendations are offered on the key issues aimed at overcoming the policy blocks encountered by the private HEIs.
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