Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System
The “profit-making” attribute of commercial subjects shapes the classification system of legal representatives and the contents of corresponding norms in the Civil Code of the People’s Republic of China. The division of non-profit and non-commercial in the Law of the People’s Republic of China o...
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| Format: | Article |
| Language: | English |
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Editorial Department of Contemporary Social Sciences
2021-01-01
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| Series: | Contemporary Social Sciences |
| Subjects: | |
| Online Access: | https://css.researchcommons.org/journal/vol2021/iss1/9 |
| _version_ | 1797905104022536192 |
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| author | Zhou Chunguang |
| author_facet | Zhou Chunguang |
| author_sort | Zhou Chunguang |
| collection | DOAJ |
| description | The “profit-making” attribute of commercial subjects shapes the
classification system of legal representatives and the contents of
corresponding norms in the Civil Code of the People’s Republic of China.
The division of non-profit and non-commercial in the Law of the People’s
Republic of China on Promotion of Privately-Run Schools not only
conforms to the provisions of General Principles of the Civil Law of the
People’s Republic of China, but also lays an institutional foundation for
the classified management of private colleges. However, it cannot solve
the problem of substantial profit-making behaviors of non-profit private
colleges. As an important organizational form of enterprise organizations,
the “Common Benefit Company” has changed the rule-making for
traditional for-profit companies, so that the organizational form can be
applied to both profit and public welfare enterprises. The functional design
of the common benefit company system can now be applied to standardize
the organizational structures of private colleges in China. Drawing lessons
from the legislative experience regarding the common benefit company,
we can enhance the organizational structures of our private colleges by
implementing the common benefit company |
| first_indexed | 2024-04-10T09:59:43Z |
| format | Article |
| id | doaj.art-26e3392d841a4f5dbff438337e294c8d |
| institution | Directory Open Access Journal |
| issn | 2096-0212 |
| language | English |
| last_indexed | 2024-04-10T09:59:43Z |
| publishDate | 2021-01-01 |
| publisher | Editorial Department of Contemporary Social Sciences |
| record_format | Article |
| series | Contemporary Social Sciences |
| spelling | doaj.art-26e3392d841a4f5dbff438337e294c8d2023-02-16T09:51:57ZengEditorial Department of Contemporary Social SciencesContemporary Social Sciences2096-02122021-01-0110.19873/j.cnki.2096-0212.2021.01.009Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company SystemZhou Chunguang0Southwest University of Finance and EconomicsThe “profit-making” attribute of commercial subjects shapes the classification system of legal representatives and the contents of corresponding norms in the Civil Code of the People’s Republic of China. The division of non-profit and non-commercial in the Law of the People’s Republic of China on Promotion of Privately-Run Schools not only conforms to the provisions of General Principles of the Civil Law of the People’s Republic of China, but also lays an institutional foundation for the classified management of private colleges. However, it cannot solve the problem of substantial profit-making behaviors of non-profit private colleges. As an important organizational form of enterprise organizations, the “Common Benefit Company” has changed the rule-making for traditional for-profit companies, so that the organizational form can be applied to both profit and public welfare enterprises. The functional design of the common benefit company system can now be applied to standardize the organizational structures of private colleges in China. Drawing lessons from the legislative experience regarding the common benefit company, we can enhance the organizational structures of our private colleges by implementing the common benefit companyhttps://css.researchcommons.org/journal/vol2021/iss1/9non-profitlegal representativesocial responsibilityprivate colleges and universitiesbenefit corporation |
| spellingShingle | Zhou Chunguang Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System Contemporary Social Sciences non-profit legal representative social responsibility private colleges and universities benefit corporation |
| title | Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System |
| title_full | Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System |
| title_fullStr | Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System |
| title_full_unstemmed | Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System |
| title_short | Improving the Organizational Forms of Private Colleges from the Perspective of the Common Benefit Company System |
| title_sort | improving the organizational forms of private colleges from the perspective of the common benefit company system |
| topic | non-profit legal representative social responsibility private colleges and universities benefit corporation |
| url | https://css.researchcommons.org/journal/vol2021/iss1/9 |
| work_keys_str_mv | AT zhouchunguang improvingtheorganizationalformsofprivatecollegesfromtheperspectiveofthecommonbenefitcompanysystem |