On the Transfer of Property Rights in Private Colleges

Encouraging and supporting the transfer of property rights of private colleges under certain conditions not only meets the nature of profit-seeking of capital,but also is an effective means of optimizing capital institutions and promoting optimal allocation of capital.Different from that of general enterprises,the transfer of property rights in private colleges should adhere to the principle of public welfare of education,sustainable development of education and the principle of legalization.The transfer of property rights in private colleges mainly concerns the exhibitors and the colleges.The major obstacles to the transfer of property rights include the incomplete property right system and transfer of property rights,the indistinct definition of property rights,the high transaction cost,the nonstandard transfer of property rights,and the unsound supporting system.As a result,it is advocated that the property right of private colleges and exhibitors should be clearly defined,the transfer system of property right perfected,the asset assessment procedure legally standardized,the property rights trading market established and the relevant legal systems improved