浅论HNZY公司物流金融的运作模式

物流金融是物流业和金融业的一个交叉学科,是物流与金融相结合的新产品,它整合了物流领域的物流、资金流和信息流,物流金融业务提高了第三方物流企业的竞争力,是当前物流企业竞争中的蓝海,是第三方物流服务的一次革命。本文主要对HNZY公司物流金融的主要模式进行了系统分析,在继承前人关于物流金融和货押融资业务研究的基础上,结合HNZY公司的实际情况,对国内信用证、国际信用证未来货权质押和综合授信模式进行分析,系统介绍了HNZY公司所做的物流金融各种模式的操作方案,其中国内信用证和国际信用证项下的融资业务,是一种创新模式,为相关企业的物流金融运作提供了参考和借鉴。     

The links between active cooperation and eco-innovation orientation of firms: A multi-analysis study

The environmental orientation of companies is key for firms to gain a competitive advantage against peers. However, the high level of novelty and uncertainty involved with eco-innovations requires additional knowledge and capabilities that go beyond the firm and that can be achieved through cooperation. Thus, it is crucial to analyse how cooperation affects the elements that drive eco-innovation. This study tests the impact of cooperation on the environmental orientation of companies while innovating using structural equation modelling with partial least squares and multigroup analysis and a fuzzy-set qualitative comparative analysis for a sample of Spanish companies. Results suggest that companies that do not cooperate are less eco-innovation-oriented and show lower dependence on external information sources, although their impact on the orientation to product and process innovation is higher. This work leads to some theoretical conclusions and implications for researchers and practitioners.     

The dynamic financial distress prediction method of EBW-VSTW-SVM

Financial distress prediction (FDP) takes important role in corporate financial risk management. Most of former researches in this field tried to construct effective static FDP (SFDP) models that are difficult to be embedded into enterprise information systems, because they are based on horizontal data-sets collected outside the modelling enterprise by defining the financial distress as the absolute conditions such as bankruptcy or insolvency. This paper attempts to propose an approach for dynamic evaluation and prediction of financial distress based on the entropy-based weighting (EBW), the support vector machine (SVM) and an enterprise’s vertical sliding time window (VSTW). The dynamic FDP (DFDP) method is named EBW-VSTW-SVM, which keeps updating the FDP model dynamically with time goes on and only needs the historic financial data of the modelling enterprise itself and thus is easier to be embedded into enterprise information systems. The DFDP method of EBW-VSTW-SVM consists of four steps, namely evaluation of vertical relative financial distress (VRFD) based on EBW, construction of training data-set for DFDP modelling according to VSTW, training of DFDP model based on SVM and DFDP for the future time point. We carry out case studies for two listed pharmaceutical companies and experimental analysis for some other companies to simulate the sliding of enterprise vertical time window. The results indicated that the proposed approach was feasible and efficient to help managers improve corporate financial management.     

体育比赛的作用

本文通过文献资料法、专家访谈法、系统分析等方法对体育比赛的作用进行了全面的研究,认为体育比赛不仅能起到增进健康、增强体质的作用,更重要的是在体育比赛中所崇尚的一种公平竞争、团结协作的道德风尚;一种尊重自己、尊重他人、自强不息的道德品质;一种促进相互交流、相互协作的精神;体育比赛还具有丰富的体育知识,修身养性,传播健康方法,营造健康向上、积极活泼的校园文化氛围的作用。所以,有关部门应重视学校体育比赛。     

基于运单及POI数据的快递企业客户发现方法

针对快递企业拓展业务困难的情况,提出了基于快递运单发现快递公司网点周边潜在客户的方法。以北京市为例,采用网络爬虫从互联网抓取快递运单,通过对运单数据进行分析获得快递营业网点信息,利用高德开放平台提供的POI数据查询功能,发现快递网点附近潜在客户信息。研究结果表明业务量最大的几个网点占据了地区总业务量的半数以上,挖掘这些网点的业务情况,对于企业的发展有启发意义。研究成果可为快递企业进行竞争性客户分析提供支撑,也可为快递企业进行市场推广提供辅助支撑。     

Appropriability of innovation results: An empirical study in Spanish manufacturing firms

This study is intended to analyse several mechanisms available to companies in order to appropriate the results of their innovative activities. These mechanisms include patents, industrial secret, cost and time of imitation and continuous innovation. Specifically, this paper focuses on studying the factors that determine the choice of one appropriation method over another. To this end, we propose a specific model of analysis, which includes various hypotheses to be tested in a sample of 258 Spanish manufacturing companies. The results confirm that companies that mostly use explicit knowledge chose the patenting system as a defence mechanism, while those companies in which tacit type knowledge predominates tend to opt for industrial secret. We could also prove that larger companies tend to choose the patenting system as a protection mechanism. Finally, the hypothesis that companies that use high-commitment human resources practices use continuous innovation or technological leadership as a protection mechanism could also be tested.     

Exploring networks of proximity for partner selection,firms' collaboration and knowledge exchange. The case of clean‐tech industry

Nowadays scholars widely recognize that know‐how, capabilities and knowledge needed to generate innovations often reside outside the firm, start‐ups are a valuable source, and collaborative networks are a fundamental strategy for innovation. This is true especially for the clean‐tech sector, which is characterized by the continuous search for innovative solutions and technological advancements. The purpose of the paper is to provide a methodological support for the screening of potential partners based on network analysis and, then, help firms to select them for collaboration and knowledge exchange. The methodology can be easily adopted by managers and executives to identify firms to monitor with greater attention for future investments. The analysis is on a dataset of 4,782 clean‐tech companies operating worldwide. Results highlight that energy companies looking for external sources could investigate their network of business proximity if they intend to specialize in a defined field and/or collaborate with similar partners, while they could explore their network of strategic proximity if they intend to diversify their businesses, that is cooperating and exchanging knowledge with firms with distant but complementary capabilities and resources.     

The influence of small town context on access to external knowledge

ABSTRACT

The relative lack of variety and density of people, companies and knowledge institutions in small towns compel companies to seek new knowledge beyond their location. However, there is only scant research explaining the local characteristics that influence companies’ ability to access external knowledge. In this article, the focus lies on the obstacles and opportunities that arise due to companies’ location in small towns and that emerge when they seek to access external knowledge sources. A multiple case study design with qualitative interview data from five multinational high-tech companies in small towns in the eastern part of Switzerland is used. Also, a theoretical replication of the case study by investigating two single domestic high-tech companies was conducted. The results show that a thin labour market, a lack of urban amenities and the availability of transportation connections to bigger cities are most important for accessing the knowledge of new employees, collaborating with universities and for attending workshops or conferences. On the whole, multinational companies in small towns face the same obstacles and opportunities as single domestic companies in small towns.     

构建中小物流企业公共信息平台的探讨

当今时代是知识经济时代,更是信息技术时代,在这个时代物流已经成为企业越来越重视的第三方利润源泉,我们的物流公司增长速度迅猛．同样物流业的竞争也日趋激烈。在角逐日常激烈的竞争要立于不败之地,信息共享,满仓,满载是降低成本的最佳方式．但如果做到这样信息的开放性和共享变得尤重要：我国物流企业中绝大多数都是中小企业,资金与技术实力都相对薄弱．这就给即想发展信息化又无法过多投入的中小物流企业来说,构建一个公共信息平台显得特别重要。     

Exploring the social influence of the Kaggle virtual community on the M5 competition

One of the most significant differences of M5 over previous forecasting competitions is that it was held on Kaggle, an online platform for data scientists and machine learning practitioners. Kaggle provides a gathering place, or virtual community, for web users who are interested in the M5 competition. Users can share code, models, features, and loss functions through online notebooks and discussion forums. Here, we study the social influence of this virtual community on user behavior in the M5 competition. We first research the content of the M5 virtual community by topic modeling and trend analysis. Further, we perform social media analysis to identify the potential relationship network of the virtual community. We study the roles and characteristics of some key participants who promoted the diffusion of information within the M5 virtual community. Overall, this study provides in-depth insights into the mechanism of the virtual community’s influence on the participants and has potential implications for future online competitions.     

For green or not for green? The effect of cooperation goals and type on environmental performance

Although many scholars have demonstrated that companies engaged in collaborations achieve better environmental performance than other companies, existing studies have not analyzed in depth whether this effect changes considering the characteristics of cooperation. Our paper aims to explore whether collaboration with other companies always has a positive effect on environmental performance or whether it depends on cooperation goals, collaboration type, or company size. Empirical analysis based on a sample of 773 European companies demonstrated that an external source of knowledge is an important way to foster firms' environmental proactivity, especially when environmental goals are shared at the basis of collaboration. Second, we verified that companies involved in JVs with environmental goals achieve greater environmental performance than companies that use M&As to acquire external knowledge. Finally, we demonstrated that it is more important for small companies to be involved in environmental collaboration than larger ones.     

User needs in sustainability reporting: Perspectives of stakeholders in Ireland

Abstract

By means of a questionnaire survey, this paper ascertains and analyses the views of a number of Irish stakeholders regarding the adequacy and potential of corporate sustainability reporting to meet their information needs and help them hold corporations to account. The study focuses on ascertaining the views of a sample of Irish social and environmental non-governmental organisations (NGOs), who we argue constitute an important group of non-financial stakeholders. This emphasis on examining NGO perceptions represents an attempt to fill a gap in the academic sustainability reporting research literature whereby the views of non-managerial stakeholders are largely absent. The paper represents the second phase of a determined effort to examine the adequacy of sustainability reporting from the perspective of less economically powerful stakeholders in Ireland and responds specifically to O'Dwyer's (2002) call for research to examine the nature of stakeholder demand for sustainability reporting in Ireland in order to inform the future development of Irish sustainability reporting practices. The results present evidence of a widespread demand for mandated, externally verified sustainability reporting in either the annual report or a separate stand-alone report. This demand is primarily driven by a desire to gain knowledge of companies' commitment to responsible business practices but is also, albeit to a lesser extent, influenced by the perceived ability of sustainability reporting to facilitate increased NGO pressure on companies. Current sustainability reporting practice is viewed negatively with regard to its credibility and sufficiency, as well as the opportunities it provides for engagement with companies, particularly among environmental NGO respondents. While respondents tended to be suspicious of corporate motives for sustainability reporting, many were optimistic about the potential for NGO engagement with companies aimed at tackling social and environmental issues and improving current sustainability reporting practice. Drawing on the survey results, the paper makes some recommendations for future research aimed at improving sustainability reporting practices in Ireland and more broadly.     

Estimating scale economies in financial intermediation: a doubly indirect inference

This paper provides a vertically integrated modelling of the financial production process. In a first stage the activity of commercial banks or insurance companies embodies some technical and commercial aspects such as services to depositors or mutualization of risk through distribution of contracts of insurance. In the second stage banks are involved in the intermediation activity. By using a simulation and the doubly indirect inference method for the estimation we were able to resolve two main econometric problems: decomposition of aggregated data over two vertically integrated stages of production and inconsistency of the estimators due to endogeneity and misspecification. An application to French Banking industry is provided.     

国有上市公司的治理机制与过度投资

以特定行业388家国有上市公司2001-2005年数据为样本,在界定过度投资水平和分析投资决策机制基础上,选取治理机制中的股权结构、董事会和产品市场竞争三方面,分析并实证检验其对过度投资的影响。结果显示,国有股比例的增加使国有公司过度投资水平更高;股权制衡对投资过度有制约作用;地方控股较中央控股国有公司,过度投资水平更高。产品市场竞争对过度投资有制约作用,但不显著。董事会特征与过度投资之间无显著关系。     

Engaging customer care employees in internal collaborative crowdsourcing: Managing the inherent tensions and associated challenges

Customer care employees (CCEs) are an excellent source of ideas for new and enhanced services for customers. By serving many customers, CCEs have the ability to see patterns in unserved and underserved needs. By being inside rather than external to the firm, CCEs have the ability to offer suggestions that build on existing capabilities, which result in ideas that are more easily implementable. There is a long history of research and practice for soliciting suggestions from employees, but little of this work has described how CCEs can be organized into a temporary online crowd to cocreate innovative ideas. With the advent of crowdsourcing software platforms, online collaboration among geographically distributed CCEs is increasingly possible. We describe an action research study of Optum, a healthcare company that implemented a collaborative internal crowdsourcing initiative over a period of 18 months. The action research study led to the identification of three tensions and associated challenges. We outline eight HRM actions that were undertaken to mitigate the challenges of engaging CCEs in internal crowdsourcing efforts. Based on our findings, we lay out a general framework, implications, and future research directions for research and managerial actions when engaging CCEs in internal collaborative crowdsourcing.     

A brief history of forecasting competitions

Forecasting competitions are now so widespread that it is often forgotten how controversial they were when first held, and how influential they have been over the years. I briefly review the history of forecasting competitions, and discuss what we have learned about their design and implementation, and what they can tell us about forecasting. I also provide a few suggestions for potential future competitions, and for research about forecasting based on competitions.     

Repatriates and reverse knowledge transfer in MNCs

There is widely held assumption that knowledge is one of the most important drivers of firm’s performance. Multinational companies (MNCs) have the potential advantage of acquiring and utilizing knowledge across borders. But for this potential advantage to become real, the knowledge generated in any of their units around the world should be transferred to their other units. This paper adopts an innovative approach for the study of intra-MNC knowledge transfer by focusing on the role of repatriates as transferors of knowledge from foreign subsidiaries to the headquearters, which is an under-researched topic. In particular, the paper studies the impact of repatriates’ abilities and motivation to share knowledge (disseminative capacity) on the transfer of knowledge from subsidiaries to headquarters (reverse knowledge transfer). In addition, the paper examines the determinants of repatriates’ disseminative capacity. After reviewing the relevant literature and proposing the hypotheses, this paper presents an empirical research with a sample of Spanish MNCs. The findings provide evidence that repatriates’ disseminative capacity is positively associated with reverse knowledge transfer. The paper also identifies some drivers of this: the knowledge the repatriates acquired during the expatriation and the firm’s international assignments policy.     

试析AI数据分析技术对零售市场终端监测和反馈的作用

近年来,线下零售企业面临着巨大的挑战,零售市场终端监测和反馈更显意义重大,而AI数据分析技术为终端监测和反馈提供了新思路。本文首先阐述了零售众包模式和流程,指出了关键要素,并重点分析终端监测和反馈过程中,AI数据分析技术的具体作用,包括提升监测数据分析效率、节省市场终端监测成本、加强分析结果的可靠性等。最后,对零售企业商业模式的发展策略展开了探讨,以期为优化零售市场终端监测提供启示与借鉴。     

The effect of individual HR domains on financial performance: evidence from Belgian small businesses

The contribution of this study, which assesses the influence of HRM on financial performance, is fourfold. (1) We assess the relative contribution of different HR domains to organizational performance. By controlling for the overall HRM intensity in all analyses we try to meet one of the most striking shortcomings of ‘single HR practice research’, namely the neglect of the potential simultaneity that might exist with other HR practices. (2) By studying small Belgian companies, we focus on the importance of HRM for small business management. (3) Relying on bankruptcy prediction models, we optimize the conceptualization of financial performance. (4) Using structural equation modelling, we try to capture the mediating effect of operational performance on the relationship between HRM and financial performance. The analyses indicate mixed results for different HR domains with regard to their impact on operational and financial performance.     

Preserving knowledge legacies: workforce aging,turnover and human resource issues in the US electric power industry

The aging of the workforce is believed to be a potential threat to productivity of companies both in the US and worldwide. High levels of turnover that may result from workforce aging could cause short-term as well as permanent loss of knowledge critical to firm operations and customer service. While there is a wealth of research regarding the causes of turnover, there is comparatively little research on the actual effects of turnover, particularly involuntary forms of turnover such as retirement. Focusing on the US electric power industry, whose employees have average ages and company tenures among the highest in the world, this paper explores the aging workforce issue both qualitatively and quantitatively. Results from an executive survey encompassing companies representing over 75 per cent of the industry's workers affirm that workforce aging is the electricity industry's dominant human resource (HR) concern but that it is interrelated with many other top HR issues, including skill shortages, leadership, and transition from an ‘entitlement-based’ to a ‘performance-based’ culture. Implications of prior literature on organizational learning, turnover and socio-technical systems theories are discussed, and propositions are offered as a framework for further research on the general effects of potential knowledge loss due to aging-related turnover.