基于ANP的PPP项目收益分配研究

随着PPP模式的不断推广和应用,PPP项目收益分配得到了专家学者们的密切关注。合理的收益分配方案是PPP项目成功实施的关键因素之一。本文针对PPP项目核心利益相关者的收益分配,在提出基于投入比重的初始收益分配方案后,又提出了基于风险分担系数的收益分配方案和基于Shapley值法的收益分配方案,并利用网络分析法确定各单因素的权重,构建基于ANP的PPP项目综合收益分配模型。最后,通过实证对构建的PPP项目综合收益分配模型进行分析,验证了模型的可行性和有效性。     

企业集团财务风险研究

企业集团财务活动,一般分为筹资活动、投资活动、资金营运和收益分配四个方面。相应的,企业集团财务风险可分为筹资风险、投资风险、资金营运风险和收益分配风险。如何控制和化解企业集团财务风险,是本文研究的主题。     

企业集团财务风险研究

企业集团财务活动,一般分为筹资活动、投资活动、资金营运和收益分配四个方面。相应的,企业集团财务风险可分为筹资风险、投资风险、资金营运风险和收益分配风险。如何控制和化解企业集团财务风险,是本文研究的主题。     

服装供应链中考虑风险因素的shapley收益分配模型

在传统收益分配的基础上,考虑了Shapley值、风险因素和各自投资额等因素,并采用带有风险因子的shapley值法和投资额大小的权重,对服装供应链企业的收益分配进行计算分析.     

金融危机与企业财务风险控制

以资金运动环节的存在状态分析,财务风险可划分为筹资风险、投资风险,经营风险和收益分配风险四种风险类别.企业只要经营就会产生财务风险,此次美国金融危机就是通过影响企业财务风险的起因加大了企业的财务风险.企业应该从筹资、投资、经营与收益分配四个方面控制财务风险,降低金融风险的影响.     

人力资本参与企业收益分配探析

一、人力资源参与收益分配探索 人力资本如何参与企业的收益分配,需要不断实践并加以完善.包括收益分配的具体方式、企业各项生产要素参与分配的比例安排,以及各要素对企业风险的分担等问题.现有的人力资本参与收益分配的方式有职工股、效益工资、劳力股及人力资源权益股等.人力资源权益股是劳动者按其投入企业的人力资源所形成的人力资本在企业中所拥有的股份,是在劳动者进入企业时就确认其所拥有的人力资源投入企业时就采取适当的方法进行计量确定其价值,并以此确定其应享有的利益分配权.将劳动者投入企业的人力资源视为对企业的投资形成人力资本,劳动者作为人力资源的所有者享有由人力资本产生的剩余索取权.笔者认为这种方式是合理的且是可行的.     

上市公司财务风险防范

本文以上市公司的财务风险为切入点,分别从财务活动的筹资风险、投资风险、营运风险、收益分配风险等方面分析了上市公司财务风险产生的原因,并提出了财务风险的防范措施。     

关于财务主体——出资者的财务风险管理

出资者财务包括及时筹集资金、合理安排资本投向、确定收益分配策略等,其目标是实现资本最大限度地增值。与出资者财务目标相对应,出资者财务风险就是企业出资者面临的资本投资风险、资本减值风险和资本经营财务风险。出资者财务管理是指提供资本者对其所出资的运动所进行的管理,其根本目标是确保其出资的保值增值,实现资本报酬的最大化。     

人力资本参与企业收益分配——一个理论构架

确立人力资本对企业的收益分配权,不仅是出于社会公平性的考虑,更是解决对人力资本所有者激励问题的关键。本文提出了人力资本参与企业收益分配的原则,又从人力资本与物力资本的对比分析这一角度探讨了人力资本参与企业收益分配的实现形式,并在此基础上设计了一个人力资本参与企业收益分配的基本模型,试图建立起人力资本参与企业收益分配的理论框架。     

企业财务风险的防范策略

企业财务风险是指在财务活动过程中,由于不可控因素影响,使企业蒙受损失的可能性。加强财务风险管理,可以最大限度降低财务因素对生产经营的影响。本文拟对企业财务风险的现状、成因及其防范措施进行探讨,以期降低风险、提高效益。一、我国企业财务风险的现状企业财务活动,一般分为筹资活动、投资活动、资金营运和收益分配四个方面。由此产生筹资风险、投资风险、资金营运风险、收益分配风险。具体     

基于单项Partnering模式的建设项目供应链

借鉴Partnering模式,将原有的供应链模刑进行完善,建立基于Partnering模式的建设供应链模型,从而改善业主、设计商、承包商的关系,使项目各参与方达到共同赢利的目的。     

浅谈Partnering模式的定义

在特定的背景下提出采用Partnering模式,意识到它是提高市场竞争力、降低成本、提高进度、减少索赔的理想项目管理模式。考察了20多年来许多组织、个人对Partnering模式从不同角度的理解,综合分析Partnering模式的定义,本文强调运用Partnering模式的首要问题应是正确把握Partnering模式的内涵。     

An Inquiry to Move an Underutilized Best Practice Forward: Barriers to Partnering in the Architecture,Engineering, and Construction Industry

There is an obvious need in the architecture, engineering, and construction (AEC) industry for improved project team integration through project delivery to ensure improved project outcomes. The literature reports that, among other methods, project partnering, when followed successfully, provides a great opportunity to improve project performance via improved collaboration among key project stakeholders (e.g., owner, designer, contractor) and reduce claims as a result while letting all project members stay in their traditional roles and work under any contractual framework, including design‐bid‐build. Despite its potential and history in the United States since the late 1980s and being classified as one of the best practices by the Construction Industry Institute in 1996, partnering continues to be underutilized. Existing research on partnering is mostly limited to public projects such as mega roadway and bridge projects. Guided by the literature, the aim of this research is to understand and report barriers to project partnering in the United States from both vertical/horizontal and public/private construction sectors. Via a comprehensive literature review, followed by a Delphi survey of partnering experts, this study systematically classified barriers to project partnering. In study results, implementation barriers to partnering during project delivery are more frequently pronounced than the barriers to its adoption. Of the top reported barriers to project partnering, the majority are cultural; project team related barriers show the greatest area of potential for improvement; and contrary to the literature, none is legislative. The study contributes to the body of knowledge by drawing attention to project delivery and management practices in the AEC industry to improve team collaboration and chances of successful implementation and adoption of integrative practices.     

试论中国文化对实施PARTNERING模式的影响

Partnering模式于20世纪80年代起源于美国,目前已经在美国、澳大利亚、日本、欧洲、新加坡以及中国香港的建筑界得到了广泛使用。业界人士普遍认可Partnering模式的优势,如:有利于改善项目参与各方之间的关系,有利于降低工程费用、缩短工期、提高工程质量、减少合同纠纷和诉讼方面,收益非常明显。从本质而言,Partnering模式是古老的“握手”式的商业模式,这种模式在全世界,特别是在东方获得广泛的应用。本文旨在讨论中国文化及其对实施Partne- ring模式的影响。研究结果表明,中国文化与Partnering模式的一些要素吻合,因此能够促进其在建筑界的实施。     

工程合作伙伴模式研究综述

合作伙伴模式在建筑行业中的应用是近年项目管理研究的重要主题之一。本文的主要目的是对国内外相关学者的研究成果进行介绍。大量的研究证明合作伙伴模式在提高生产效率，降低建造费用，提高项目满意标准和减少建造时间等方面都比传统工程建造模式更为优越。随着合作伙伴模式的推广应用，出现了一系列应用规范和概念，而新近的研究集中于探索如何促使合作伙伴模式能够得到成功的应用。通过总结相关的研究成果，结合中国实际进一步对合作伙伴模式的研究做出了展望。     

Partnering relationships in construction: A literature review

There is no unified view as to what partnering relationships are in the construction industry. The purpose of this paper is to examine the literature in order to identify the main assumptions about partnering relationships in construction research and practice. The literature is compared to the Construction Industry Institute’s (CII, 1991) frequently cited definition of partnering as a long-term commitment between two or more parties in which shared understanding and trust develop for the benefits of improving construction. The literature review reveals a tendency to focus on project partnering in dyads between clients and contractors and there is also an emphasis on formal tools to develop these relationships, even if social aspects and relationship dynamics are recognised. The paper discusses these findings and suggests that, in order to increase the understanding of the substance and function of partnering relationships, it could be useful to incorporate knowledge from theoretical perspectives that are more in line with the CII definition. Two perspectives that seem particularly interesting in this respect are Supply Chain Management (SCM) and the Industrial Network Approach (INA), both of which focus on long-term relationships between actors beyond the dyad. INA also emphasises the informal aspects of relationship development. Incorporating these dimensions of partnering relationships requires processual and longitudinal studies, which are relatively rare in the contemporary partnering literature.     

工程管理Partnering模式的合作博弈分析

工程管理Partnering模式是项目利益相关者相互博弈并最终形成"合作博弈"的均衡战略组合。本文结合合作博弈理论模型,分析了Partnering模式各利益相关者间的合作博弈,指出:Partnering模式的各利益相关者合作的充分条件是在有效磋商的基础上签署有约束力的Partnering协议;工程管理Partnering模式利益相关者的合作博弈具有凸性,能提高利益相关者的利益;并提出基于Shapley值建立合理的Partnering模式利益相关者的收益分配机制。     

A Real Options Approach to Economic Exposure Management

Exchange rate volatility is not only a source of concern for firms but also of profit opportunities. If adjustment costs and lags are low, managers can adjust their input or output decisions to raise the firm's expected profits. Notwithstanding the resulting higher profit variability, the actual risk perceived by the managers may fall as they are probably more averse to downside risk—such as financial distress—than to risk in general. Hence, this paper argues that optimal economic exposure management consists of exploiting the upward profit potential of real exchange rate volatility, while keeping downside risk under control. It is shown that option theory provides useful new principles for economic exposure management by bringing out the crucial role of adjustment costs.     

Partnering in the construction industry—Problems and opportunities

During recent years partnering has been on the top of the management agenda in the construction industry. Despite this attention there is limited and partly contradicting evidence of the impact of these efforts. The objective of this literature-based paper is to explore why it has been difficult to realise potential partnering benefits on the strategic level, while partnering in individual projects has improved construction performance. The analysis builds on a comparison of the features of business relationships in construction with the characteristics of so called ‘high-involvement relationships’ based on close cooperation. It is concluded that prevailing supply arrangements established to handle the particular conditions in the construction industry makes it unlikely for partnering to reach outside the individual project. Taking the step to strategic partnerships would require modification of some of the basic assumptions and norms of industry efficiency. On the basis of this analysis we explore potential consequences of modifications of current behaviour with respect to decentralisation and competitive tendering. The paper is finalised with a suggestion for a differentiated approach to partnering.     

The reluctance of construction purchasers towards project partnering

While the literature argues that there are several benefits for construction purchasers who join forces to co-develop the project with contractors and to increase cooperation between the various project stakeholders (construction partnering), little research has been done on the reasons for the lack of extensive diffusion of such methods in the construction industry. This paper aims at understanding the rationale behind the reluctance of construction purchasers for this coordination mechanism in France. In particular the paper investigates the impact of the characteristics of the project but also of the characteristics of the purchasing companies in their project procurement behaviour. The findings reveal that the characteristics of the purchasing companies in terms of purchasing strategy, structure and culture seem more explanatory of their procurement behaviour than of the project characteristics. The paper suggests that the lack of diffusion and understanding of construction partnering may be due to the resistance of purchasers who feel threatened by the structural changes it involves in their purchasing habits.