The Impact Of Management Efficiency Of Chinese Charitable Foundation On Public Benefit Performance

With the rapid growth of national economy and the deepening of social transformation,charities in China have developed rapidly,and the number of various non-profit organizations has grown rapidly,which has become an important part of Chinese society and plays an increasingly important role in social life.The operation mechanism of philanthropy has changed from traditional type to modern type.The Party and the government also pay more and more attention to the development of philanthropy,and incorporate the development of philanthropy into the national development plan.Especially the promulgation of the Charity Law in 2016 has promoted the development of planning and legalization of philanthropy,and the overall financial transparency of charitable foundations in China has been improved.There are more and more charitable foundations that disclose annual report data online by Chinese social organizations,and the degree of financial disclosure is getting higher and higher,which has aroused academic research and discussion and provided abundant data for empirical research of charitable foundations in China.The research on charitable foundations in China has always been a hot topic in academic research,including factors affecting donation income,financial transparency analysis,financial audit research,efficiency analysis.However,there is still a lack research on the management efficiency and public welfare performance of charitable foundations.At present,there is no empirical research on the management efficiency and public welfare performance of charitable foundations in China,and there is still a lack of research on promoting the public welfare performance of charitable foundations in China.Based on the existing theory,this paper will collect annual reports and audit data of 3548 charitable foundations in China from 2011 to 2016 from the official website of Chinese social organizations to conduct empirical research on the impact of charitable foundations' management efficiency on public welfare performance.The study finds that there are great differences in the management efficiency of charitable foundations in China.There are obvious differences in the eastern,central and Western regions.The management efficiency of charitable foundations in China is less than 10%on average,which is in line with the regulation of"Regulations on Foundation Management" that the management cost is less than 10%of the total expenditure.This study proves that the management efficiency of charitable foundations in China has a significant positive impact on public welfare performance,that is,the higher the management efficiency,the higher the public welfare performance of charitable foundations.At the same time,it is found that the ratio of fund-raising fees of charitable foundations in China has a significant negative impact on public welfare performance.The higher the ratio of fund-raising fees,the lower the public welfare performance of charitable foundations.The above results provide a scientific basis for promoting the standardized development of charitable foundations.The innovations of this paper are:(1)Descriptive statistical analysis of the current management efficiency of charitable foundations in China,to understand the current management efficiency of charitable foundations in China,to analyze the regional differences between the Middle East and the West of China,and to analyze the current situation,problems and causes of management efficiency.(2)Empirical research on the impact of management efficiency on public welfare performance of charitable foundations in China,improve the importance of management efficiency of charitable foundations in China,promote the improvement of management level of charitable foundations,improve management efficiency,to improve the public welfare performance of charitable foundations and promote.