论中小企业成长过程的战略转型

中小企业的成长过程实质上是一个随环境及自身资源与规模的变化而不断调整企业经营目标与经营战略的过程。企业进行战略转型,就是为使企业在不同阶段实现量和质的提高。中小企业在成长过程中,有多种因素诱使其进行战略转型。     

中小企业成长路径研究

中国改革开放三十余年以来，各种经济形势的中小企业如雨后春笋般蓬勃发展，成为了社会主义市场经济的重要组成部分。本文以中国化工网为例，对中国中小企业的成长路径做一初步研究。     

科技型中小企业成长的规律研究

科技型中小企业成长过程类似于生态界生命的成长,都具有发展的欲望．经历着生命周期的过程,及生存与发展的种内与种间斗争。通过对科技型中小企业的个体和集群成长建立生态模型,并分析科技型中小企业成长过程中环境影响因素的动态变化．为我们进一步了解科技型中小企业成长规律提供了一个新的视角。     

中小企业成长机制分析

本文分析了中小企业成长的机制,针对我国中小企业成长的问题提出了对策。中小企业能够成长,在于它独具竞争优势、善于从不完全的和细分的市场中寻找成长机遇,具有规模经济的潜力。中小企业通过节约交易费用和组织管理费用而获得发展,借助于技术创新和技术扩散成长和政府改善成长环境。针对我国中小企业成长的问题,应采取集群发展战略,改善中小企业成长环境,实施中小企业成长战略,提升中小企业成长能力。     

关于中小企业成长阶段和成长突围的思考

中小企业是国民经济的重要组成部分,研究中小企业成长轨迹和发展经验,理清扶持中小企业加快发展的思路措施具有十分重要的现实意义。笔者就对中小企业在高成长过程中实现成功“突围”的话题,谈一下自己的一些认识和看法。     

有效的中小企业经营战略

企业经营战略对于处在成长过程的中小企业具有尤为重要的意义。关注愿景、重视理财、精心选择产品与市场、设计适宜的组织结构、以人为本是有效的中小企业经营战略之特点     

中小企业核心竞争能力与企业成长战略研究

企业的核心竞争能力是指企业开发独特产品,发展独特技术和发明独特营销手段的能力。企业一旦拥有核心竞争能力,就会使企业形成长期竞争优势,推动企业快速发展。我国中小企业普遍缺乏核心竞争能力,应加强核心技术能力、战略决策能力、组织协调能力、生产制造能力和营销能力的培育,并与中小企业的成长战略实现有效整合,是提高我国中小企业核心竞争力的重要途径。     

绵阳市创新型中小企业成长路径研究

创新型企业的成长对促进我国经济社会的发展中的地位不断显现。但创新型企业的成长状况不容乐观。绵阳市作为中国的科技城,对创新型中小企业的成长倍感重视。本文通过对绵阳市创新型企业进行实地调查,了解绵阳市创新型中小企业的成长状况,汲取国外创新型中小企业的发展经验,提出适合绵阳市创新型中小企业发展的路径。     

科技型中小企业成长的生态模型构建

通过对科技型中小企业的个体和集群成长建立生态模型，并分析科技型中小企业成长过程中环境影响因素的动态变化，为进一步了解科技型中小企业成长规律提供了新视角。     

湖北省中小企业成长与软规制建设

本文首先对软规制与中小企业成长进行了理论探讨和文献综述。其次剖析了湖北省中小企业成长过程中所存在的问题及软规制因素对其成长的影响。最后从软规制建设的角度,提出了促进湖北省中小企业成长的对策建议,以期为政府构建中小企业的公共服务支撑体系提供参考,为从事创业的企业家和中小企业经营管理者所借鉴。     

企业技术状态与企业成长性关联效应分析

从企业生产经营和技术的特点出发，用企业技术五要素结构分析方法，具体研究了企业技术结构，用未确知测度理论定量测度企业技术含量及增长率，来描述企业成长性的质的表现——技术创新能力，用总资产收益率及增长率与每元经营现金流量及增长率，来定量描述企业成长性的量的表现，从而构造了企业成长性评价指标体系和综合评价方法，定量地测度企业成长性。     

家族企业特性与中国的家族企业发展

本质上,家族企业是一个不完全市场性的合约组织,具有自己的组织特性。我国的家族企业发展经历了一个由避光生存到向光成长、由体制外逐步向体制内转移的过程,通过了生存检验并充分体现了其组织有效性。在未来发展取向上,中国家族企业正逐步打破对家族资源的偏重依赖,积极探索外融性发展模式。     

Outsourcing of accounting tasks and tax management: evidence from a corporate tax rate change

The aim of this article is to investigate if small firms react to a national corporate tax rate reduction by managing their taxable income. In contrast to previous studies, we also analyse whether outsourcing of accounting tasks affects the magnitude of the reaction. Based on a sample of Finnish firms and measures of earnings management, evidence is provided that firms with an internalized accounting function are more active tax planners in this context. This study suggests that outsourcing of accounting tasks increases the corporate tax reporting quality.     

Size and Determinants of Capital Structure in the Greek Manufacturing Sector

Increasing competition in the European Union (EU) and world markets affects the Greek manufacturing sector. Capital structure is essential for the survival, growth and performance of a firm. There has been a growing interest worldwide in identifying the factors associated with debt leverage. However, nothing has been done so far in contrasting small and medium sized enterprises (SMEs) and large sized enterprises (LSEs) on these aspects. SMEs are very important in the Greek manufacturing sector for employment and growth. Empirical studies show that capital structure and the factors affecting it vary with firm size. In this paper we investigate the determinants of capital structure of Greek manufacturing firms and formulate some policy implications that may improve the financial performance of the sector. Our study utilizes panel data of two random samples, one for SMEs and another for LSEs. The findings show that profitability is a major determinant of capital structure for both size groups. However, efficient assets management and assets growth are found essential for the debt structure of LSEs as opposed to efficiency of current assets, size, sales growth and high fixed assets, which were found to affect substantially the credibility of SMEs. In an era of increasing globalization, the findings imply that Greek SMEs should focus their efforts on (a) increasing their cash flow capacity through better assets management and achievement of higher exports and (b) ensuring good bank relations, but at the same time, turn to alternative forms of financing. Greek LSEs should adopt strategies that will lead to the improvement of their competitiveness and securing new forms of financing. Government policy measures aiming at structural changes and economic efficiency should be designed clearly depending upon its targets: SMEs need policies that will encourage information exchange and co‐operation in local and foreign markets and use of e‐business, as well as, financial assistance. On the other hand, LSEs should be supported by policies aimed at new high‐technology investments, entrance of new firms and foreign investments in the country, tax alleviation and increase of R&D and training expenditures. The upgrading and transparency of the capital market in Greece is expected to improve the capital structure of Greek manufacturing firms.     

中小会计师事务所发展策略探析

我国中小会计师事务所面临的同业压价竞争、专业人才缺乏、客户关系不顺等问题,已经成为制约其生存和发展的障碍。采取"做专做精"策略,通过突出特色优势、加快人才培养、理顺客户关系、重塑企业文化等措施,实现健康可持续发展,是当前中小会计师事务所最现实的选择。     

Do stock markets penalize environment-unfriendly behaviour? Evidence from India

A growing body of research points to the fact that capital markets react to environmental news and thus create incentives for pollution control in both developed and emerging market economies. In this paper, we conduct an event study to examine the impact of environmental rating of large pulp and paper, auto, and chlor alkali firms on their stock prices. We find that the market generally penalizes environmentally unfriendly behaviour in that announcement of weak environmental performance by firms leads to negative abnormal returns of up to 30%. A positive correlation is found between abnormal returns to a firm's stock and the level of its environmental performance. These findings should be viewed as further evidence of the important role that capital markets could play in environmental management, particularly in developing countries where environmental monitoring and enforcement are weak.     

Main banks’ influence on financial reporting quality in Japan

This study investigated main banks’ influence on the quality of accounting firms’ audits and corporate firms’ earnings, focusing on companies on Japan’s Nikkei 500 index. We posed three questions in this research study about main banks’ influence on corporate clients’ earnings management. First, does a weakened main bank relationship influence corporate clients’ financial reporting quality? Second, does Japan’s firewall deregulation influence firms’ earnings quality? Finally, does the relationship between accounting firms and main banks affect client firms’ earnings quality? Our main findings were that main banks are not related to client firms’ earnings management; however, main banks mitigate client firms’ earnings management after firewall deregulation. On the other hand, firewall deregulation does motivate firms to manipulate their earnings management. Finally, using Pong and Kita’s (2006) study as a framework, we found that main banks and client firms using the same accounting firms had no influence on earnings management. Based on these evidences presented, our findings suggest that the quality of corporate clients’ financial reporting changes before and after firewall deregulation.     

Quality-oriented growth: a new trend for Chinese firms

ABSTRACT

Based on data from the China Employer-Employee Survey (CEES), this study analyses the actual effect of quality-driven growth on firms’ performances in the economic transition of recent years. The results show positive and significant effects between the firms’ performance and quality-oriented growth, which is defined as a strategy that supports the spirit of greater entrepreneurial innovation, the advancement of input quality, and corporate governance improvement. Using a quality-driven growth mode, firms can effectively relieve the adverse effect of downward macroeconomic growth pressure on performance. This study proposes that China’s macroeconomic policy should shift from demand-oriented management to supply-oriented management, with a particular focus on quality development strategy. Moreover, firms should establish a quality-driven development strategy, facilitating a spirit of entrepreneurial innovation, advancing input quality, and improving corporate governance. This strategy will increase the firm’s performance, and effectively relieve the macroeconomic downward pressure.

Abbreviations: CEES: China Employer-Employee Survey, TFP: Total factor productivity     

我国中小企业员工心理契约对关系绩效影响的实证研究

以我国中小企业为研究对象,设计调查问卷对我国18个省市的中小企业员工进行调查,并运用SPSS20.0软件进行数据分析。得到以下结论:心理契约整体与关系绩效整体显著正相关,员工心理契约对关系绩效具有较好的预测力;员工责任的发展型维度对关系绩效整体及其各维度有显著的预测作用;员工责任的交易型维度对关系绩效整体及其工作奉献维度具有显著的预测作用。     

Micro evidence on international patenting

Globalization, high growth rates in high-tech industries, growing emerging markets and harmonization of patent institutions across countries have stimulated patenting in foreign markets. We use a simple model of international patenting, where the decision to patent in a foreign country depends on country characteristics and the quality of the patented invention. With access to a detailed database on individual patents owned by small Swedish firms and inventors, we are able to estimate some of these relationships and test their validity. Our results indicate that the propensity to apply for international patent protection increases with indicators of the quality of the invention, technological rivalry and market size in the host market.