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What Can Chinese Universities Learn from American Universities About Endowment Management

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Proceedings of the 6th International Conference on Economic Management and Green Development

Part of the book series: Applied Economics and Policy Studies ((AEPS))

Abstract

This paper firstly reveals the importance of endowment in the development of universities and higher education, and then through comparing the endowment of Chinese universities with American universities in terms of the size, investment return rate, spending and so on concludes that the performance of endowment management in Chinese universities is comparable with US public universities but both of them are worse than US private ones. Consequently, this paper analyses the reasons behind the phenomenon and lastly make advice on the development of Chinese universities so that they can enjoy more endowment resources and adopt wiser investment strategy for the construction of university and for the development of higher education.

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References

  • Lerner S, Wang (2008) Secrets of the academy: the drivers of University endowment success. J Econ Perspect, pp 207–222

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Author information

Authors and Affiliations

  1. Nanjing Audit University, Nanjing, 211815, China

    Jingxi Shi

Authors
  1. Jingxi Shi
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Correspondence to Jingxi Shi .

Editor information

Editors and Affiliations

  1. Department of Postal Management, Beijing University of Posts and Telecomm, Beijing, China

    Xiaolong Li

  2. School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, China

    Chunhui Yuan

  3. Supply Chain Management, University of Arkansas, Fayetteville, NC, USA

    John Kent

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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Shi, J. (2023). What Can Chinese Universities Learn from American Universities About Endowment Management. In: Li, X., Yuan, C., Kent, J. (eds) Proceedings of the 6th International Conference on Economic Management and Green Development. Applied Economics and Policy Studies. Springer, Singapore. https://doi.org/10.1007/978-981-19-7826-5_133

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