人行恩施州中支首推科技管理问责制

根据人行武汉分行党委“制度立行”的要求，人行恩施州中心支行创新科技管理思路，进一步强化责任意识，防止和减少过错行为。2006年，在推行目标考核、奖罚兑现的基础上，制订和实施了《中国人民银行恩施州中心支行科技问责管理制度》（以下简称问责制），确保了各项工作的落实和科技工作的有效开展。     

“科技服务与技术支持”平台化解运维困境

年来人民银行的业务信息化程，度显著提高，这使业务系统的维护任务越来越重要。2005年，中国人民银行苏宁副行长在人民银行科技工作会议上明确指出：“运行维护与项目建设是科技工作的两个重要方面，必须同等重视、同时抓好。”然而，现实情况是多数基层人行科技力量较为薄弱，工作质量和效率不高。因此，如何提高基层人行信息系统的运行维护质量和效率成为重要课题。人民银行黄冈中支通过建设“科技服务与技术支持平台”在这方面进行了有益探索。     

IT管理效为先——优化基层行科技管理工作方略

目前，基层行的科技管理工作发展滞后于业务发展。业务部门在推广使用相应的业务系统工作的同时，科技部门在对其相应的信息化管理上仍然缺位，信息仍然是分散式、粗放式管理，技术人员职能重叠，常常是一人身兼多职，无法实现事先防范和主动优化。对此，我们以科技运维工作为主线，以提高运维效率为目标，进行了积极的探索。     

加强基层人行网络安全管理的几点思考

随着基层人行金融业务电子化应用的扩展、数据传输业务量的增加,尤其是科技工作的系统集中整合、资源上收、数据大集中的发展趋势,基层人行的网络建设和安全管理也显得越来越重要,基层人行科技工作应适应形势发展,及时将工作重心转移到加强网络安全管理上来.     

转型时期基层央行的科技工作定位

自人行2005年实施两级数据中心建设和资源整合战略以来，随着数据集中的不断深入，总行信息化架构建设和资源整合思路逐渐明晰，分行和省会中支作为本省数据中心的地位逐步建立，人行科技工作正经历着自上而下的转型（处在由分散模式向集约模式的转变过程中）。基层行科技部门如何应对转型时期的科技工作，如何配合总行实施的数据集中和资源整合战略，以及如何面对业务上收的问题，都亟待解决。     

基层央行科技工作存在的问题及建议

一．基层央行科技工作存在的主要问题 （一）科技力量不强，人才匮乏，知识结构老化。主要表现在三个方面：一是人员不足。近年来人行县支行人员调入受到很大的限制，人手十分紧张，硬件、软件、培训和安全管理等工作往往是科技人员兼任，同时还要承担其他业务工作。二是人员素质不能适应科技工作日益提高的要求，人行县支行受条件的限制，科技人员知识更新、培训只靠自学来完成，     

人民银行县级支行科技工作现状及建议

一、县级支行科技工作现状伴随着金融信息化建设成效显现的同时，县级人行不但在业务应用系统建设上取得新的进展，在网络建设与运行管理方面得到了加强，而且在办公自动化系统方面也得到了不断的完善。近期，笔者利用对辖内县支行进行计算机安全检查之机，对当前基层人行的科技工作现状做了一番调查，从计算机管理、人员、设备、机房、防雷5个方面的检查结果来看，     

新形势下做好全省人行系统科技工作的几点思考

加入世界贸易组织对金融行业而言，既是机遇又是挑战．同样也对中央银行管理手段提出了更高的要求，加快中央银行信息化建设步伐已摆到中央银行重要的议事日程。近年来，全省人行系统科技部门。紧紧围绕“抓应用、优服务、严管理、强素质”的工作思路，在加大培训力度，普及计算机知识和推广各项应用系统方面做了大量的工作，     

监管与指导并重，努力开创银行业信息科技监管新局面

2013年是贯彻落实党的“十八大”精神的开局之年，银行业信息科技工作任重道远。银监会信息科技监管部将以更加宽广的视野，更加前瞻的思维，贯彻落实“自主可控、持续发展、科技创新”三大战略，坚持监管与指导并重，加强“统筹规划、协调指导、专心创新”能力建设，推动银行业信息科技监管工作再上新台阶？     

人行武汉分行科技管理系统的设计与实现

本文的目的是阐述人行武汉分行科技管理系统业务需求和功能设计的相关问题，并将从各个方面对人行武汉分行科技管理系统的业务需求进行详细的分析与确认。随着人民银行业务信息化的快速发展，如何提升科技管理水平有效保证各项业务系统的正常运行成为当前科技工作的重要课题。武汉分行科技管理系统以流程为基础、以用户为中心，它通过整合服务资源与组织业务，可以变被动为主动，减少重复劳动和冗余工作，有效利用人力资源，降低运维成本，减少运行风险，为业务部门提供高质量的服务。     

Debt and Taxes and Uncertainty

With a graduated personal tax schedule, Miller showed that there could be an equilibrium debt supply for the corporate sector as a whole. In the presence of uncertainty there is also a unique debt/equity ratio for each individual firm, and this ratio is related to the firm's operational risk characteristics. However, if firms merge and spin off in response to tax incentives, the identity of firms is ambiguous and only the corporate sector is a meaningful construct. These arguments are developed in both discrete and continuous models that employ extensions of the arbitrage-free pricing theory.     

教育与资本怎样的前景怎样的现实

来自政府的声音: "动员各种社会资源,发展教育" 此次论坛上财政部长助理张少春的发言是最受关注的发言之一.他的演讲传达出的信息有这样几方面:第一,谈到现实,他认为全社会对教育的巨大需求与我国公共投入不足已成为我国教育事业发展的突出矛盾.近年来,以公共部门投入为主,多渠道筹措教育经费的教育投入机制成为解决这一问题的重要途径,也使得公共部门与私营部门在教育领域的合作日益密切.第二,谈到前景,他认为,1.中国经济持续、快速的增长对高技能人才产生巨大的需求,这为私营部门的参与提供了广阔空间.2.随着公共财政职能的不断完善,财政资金将在各项教育事业中重新进行分配,进一步优化财政支出结构,提高资金的使用效率.在"十一五"期间,我国将把公共支出的重点转移到农村.我们将逐步把全体农村适龄儿童的义务教育全部纳入公共财政体制.     

East and west and north and south : A preliminary model

The Brandt report and other proposals for a new North-South world order continue to be the focus of lively debate, yet it is often argued that little concrete has emerged from their recommendations. A major reason for this, the author argues, is that the East-West conflict component is not sufficiently taken into consideration-East-West tensions are a severe constraint on and a determining factor of North-South relations. Using influence diagrams, the author develops a flexible framework for discussion and assessment of N/S-E/W relations.     

Director gender and mergers and acquisitions

Does director gender influence CEO empire building? Does it affect the bid premium paid for target firms? Less overconfident female directors less overestimate merger gains. As a result, firms with female directors are less likely to make acquisitions and if they do, pay lower bid premia. Using acquisition bids by S&P 1500 companies during 1997–2009 we find that each additional female director is associated with 7.6% fewer bids, and each additional female director on a bidder board reduces the bid premium paid by 15.4%. Our findings support the notion that female directors help create shareholder value through their influence on acquisition decisions. We also discuss other possible interpretations of our findings.     

Political corruption and mergers and acquisitions

This research examines the relation between political corruption and mergers and acquisitions (M&As). We find that local corruption increases firm acquisitiveness but decreases firm targetiveness. The levels of corruption in acquirer areas relate positively to the bid premiums and negatively to the likelihood of deal completion. Corruption motivates acquiring firms to use excess cash for payment, which mitigates the negative effect of corruption on acquirer shareholder value. The evidence indicates that acquisitions help acquiring firms convert cash into hard-to-extract assets and relocate assets from the high to low corruption areas, thereby shielding their liquid assets from expropriation by local officials.     

Trust and cross-border mergers and acquisitions

A number of studies suggest that social trust matters for investment. Using different measures of trust from World Values Survey, we show that countries where people display higher levels of trust engage in more cross-border M&A activities. When they do, these acquirers pay lower premiums. To the extent that these acquirers also tend to engage in larger acquisitions as well, our findings suggest that a larger selection pool of potential targets and higher value targets enable these acquirers to negotiate for lower premiums. We do not find evidence of the significant effect for target country trust levels. Hence, trust may benefit those acquiring firms in cross-border transactions.     

Tournament-based incentives and mergers and acquisitions

This research examines the relation between tournament-based incentives, which are proxied by the difference between a firm's CEO pay and the median pay of the senior managers, and mergers and acquisitions (M&As). We find that tournament-based incentives are positively related to firm acquisitiveness and acquiring firms' stock and operating performance. Further analysis indicates that positive acquisition performance increases the likelihood of the CEO being promoted from inside the acquiring firm. Our evidence is consistent with the view that tournament-based incentives motivate acquiring firms' managers to make greater efforts and take more risk that result in superior acquisition performance.     

Corporate Innovations and Mergers and Acquisitions

Using a large and unique patent‐merger data set over the period 1984 to 2006, we show that companies with large patent portfolios and low R&D expenses are acquirers, while companies with high R&D expenses and slow growth in patent output are targets. Further, technological overlap between firm pairs has a positive effect on transaction incidence, and this effect is reduced for firm pairs that overlap in product markets. We also show that acquirers with prior technological linkage to their target firms produce more patents afterwards. We conclude that synergies obtained from combining innovation capabilities are important drivers of acquisitions.