平台型产业生态系统共生成长评价体系研究

互联网信息技术的兴盛催生了平台经济崛起,平台型产业生态系统的发展也为资源集聚与主体发育提供了新的思路范式。基于当前平台治理中面临的创新不足、组织松散与价值滑坡等问题,在传统指标体系的基础上结合平台生态系统的特征在理论层面拓展了产业共生治理研究的新方向。本文从创造力、建设力、治理力和共享力四个维度设计了包含联合创新能力、投入产出效率等指标,运用德尔菲法与层次分析法构建出一套适用于平台型产业生态系统的共生成长测量体系;通过对海尔与小米的案例比较,验证了指标体系的可应用性。研究在赋能产业生态治理,指导平台企业共生成长、协作共赢等方面具有较强的现实意义。     

高科技企业创新生态系统平台领导战略研究

高科技企业创新生态系统是基于关联互补技术由高科技企业在全球范围内形成的共存共生、共同进化的创新体系。"平台企业+互补企业"是其主要的组织模式。通过对微软、英特尔、思科、IBM等企业案例研究发现,创新生态系统平台领导战略包括:基于技术标准创新模式选择、平台接口开放与专利许可策略选择的技术标准化战略;基于合作盈利模式选择、合作伙伴等级制度制订、技术支持活动实施的创新激励战略;基于内部研发、合作研发、研发并购模式选择的互补技术研发战略;以及平台企业内外部冲突协调战略。     

基于生态位再造的村镇银行核心竞争力构建研究

不同的金融机构在金融生态系统中具有特定的生态位,本文尝试从生态位的视角出发,探讨了村镇银行的生态位特征,并提出分离生态位、拓宽生态位、移动生态位、强化生态位竞争能力以及优化金融生态环境等措施,以期构建村镇银行核心竞争力,实现在适度的竞争关系中与其他涉农银行业金融机构和谐共生健康持续发展。     

互联网信用生态系统研究

诸多行业、企业对信用变现产生价值的极大需求预示着征信2.0时代即将到来,营造良好健康的互联网信用产业发展环境急需打造有机的互联网信用生态系统,为社会经济的平稳发展提供有力支撑.以自然生态学、种群生态学为研究视角,通过对互联网信用生态系统的剖析,归纳出互联网生态系统中的生态角色划分与种群类别,以及种群在生态系统中扮演的角色、职能.在此基础上,总结出良性互联网信用生态系统应具备开放、协同、创新、动态平衡四个关键特征,指出各个组成要素之间只有相互配合、协同共治,才能使生态体系不断朝着开放性、协同性、创新性和动态平衡性的方向演化升级.     

高科技企业创新生态系统风险识别与控制研究

创新生态系统是由高科技企业在全球范围内形成的基于构件／模块的知识异化、共存共生、共同进化的创新体系。系统中一个企业技术创新的最终成功往往依赖于他人,依赖于众多与之兼容的协作R＆D与技术标准合作,从而引发了传统R＆D项目管理风险以外的依赖性风险、整合性风险、关系风险、结构风险等等,从伙伴遘选、网络治理等角度控制这些风险成为当今学术界正在深入探讨的问题之一。     

关于金融生态的几点思考

一、与"金融生态"相关概念的说明 1.生态与生态平衡.生态,又称生态系统,是指自然、社会和人的生存、生长的规律与状态,即在一定时间和范围内,生物和非生物群落之间以及生物种群相互之间密切联系、相互作用,通过物质交换、能量转换和信息传递,成为占据一定空间、具有一定结构、发挥一定功能的动态平衡系统.生态平衡即自然环境没有遭受人类严重干扰的天然状态.当然,这只是一个自然生态的概念.     

基于种群理论的村镇银行信用环境优化研究

借鉴生态学中的种群理论,将村镇银行的信用环境仿生为一个生态系统,分析信用环境的生态特性,认为村镇银行、农户和村镇企业、其他农村金融机构以及地方政府构成该生态系统的种群;然后利用Volterra模型研究了村镇银行与农户、村镇企业和政府三者间的种群关系,并得出三者间的平衡解;利用Logistic种群增长模型分析村镇银行和其他商业银行的相互独立、互惠共生、偏利共生和寄生的种群关系,得出这四种状态下两者的共生能量;最后提出优化村镇银行信用环境的制度安排建议。     

科技金融生态文献研究综述

科技金融生态对解决科技创新与金融创新的协同耦合发展、改善金融环境、降低金融风险、提高科技企业融资效率及促进科技企业发展起着越来越重要的作用。以科技金融生态为核心,综述国内外科技金融耦合、科技金融耦合协调度、金融科技生态及金融科技生态圈相关文献,提出了以科技金融生态群落和科技金融支撑环境两部分为主体的科技金融生态构建方向。     

差异化战略与银行业合作竞争

在信息时代,服务功能同质化的银行业之间对抗竞争剧烈。在差异化战略优势的基础上,构建银行间合作竞争型准市场企业共生组织,形成一个金融生态共生机体,以合作竞争替代对抗竞争,克服银行功能同质化倾向,打造银行业的合作竞争共生体,并在合理的收益分配模式下,激励创造更多的合作剩余。     

基于供需均衡理论的供应链金融生态系统稳定性仿真分析

金融生态稳定是供应链金融可持续发展的关键。为规避供应链金融中的合谋欺诈现象，促进供应链金融稳定健康发展，以生态学视角，将供应链金融参与主体模拟为生态系统中的供给种群和需求种群，基于种群相互依存的Logistic生长模型，通过度量系统内供需种群的共生度和系统外信息化水平、信息共享程度、政策支持力度等环境因素对稳定性的影响，构建改进的供应链金融生态系统稳定性模型，求解供需均衡状态下的稳定点，探究提高供应链金融生态系统稳定性的策略。数值仿真结果表明：提高供应链金融的政策支持力度、系统信息共享程度和信息化水平能提高系统稳定性；共生增长系数σ决定了系统是否稳定，且环境容量越大，σ越大，系统稳定性越强。此外，具备周期性特征的供应链金融生态系统稳定性还取决于种群内禀增长率。据此，提出构建“竞合共生”的产业生态、打造数字化供应链、巩固信息化平台建设的建议。     

Short-sale refinancing and price adjustment speed to bad news: Evidence from a quasi-natural experiment in China

Short selling may accelerate stock price adjustment to negative news. However, the literature provides mixed evidence for this prediction. Using short-sale refinancing and a staggered difference-in-differences (DID) model, this paper explores the effect of short selling on stock price adjustment. Our results show that (1) short-sale refinancing improves the speed of stock price adjustment to negative news. This result holds after we control for endogeneity. (2) The positive relationship between short-sale refinancing and stock price adjustment speed is significant in subsamples of stocks with higher earnings management or lower accuracy of analyst forecasts, indicating that firms with more opaque information are more likely to be targeted by short sellers. In subsamples of stocks with a higher ownership concentration or lower ownership by institutional investors, short selling is more likely to increase the speed of stock price adjustment, indicating that ownership structure may influence negative news mining. (3) As short-sale refinancing exacerbates the absorption of bad news by stock prices, it increases crash risk. This study enriches the research on the economic consequences of short selling and provides empirical evidence supporting regulations on short selling in China.     

Guidelines for Manuscripts Submitted to The China Journal of Accounting Research

正The China Journal of Accounting Research"CJAR"(ISSN 1755-3091)publishes quarterly.It contains peer-reviewed articles and commentaries on accounting,auditing and corporate governance issues that relate to the greater China region.We welcome the submission of both theoretical and empirical research papers pertinent to researchers,regulators and practitioners.Authors should note:     

The China puzzle: Opportunities for accounting research

How can China achieve phenomenal economic growth despite what is considered as 'weak' institutions in market-based economies? Xu(2011) provides a framework to u...     

Aims and Scope

<正>The focus of the China Journal of Accounting Research is to publish theoretical and empirical research papers that use contemporary research methodologies to...     

Income smoothing and the cost of debt

The literature on income smoothing focuses on the effect of earnings smoothing on the equity market.This paper investigates the effect of income smoothing on th...     

The case for management history

This article defines the case for treating management history as a discrete subject area, although one closely related to business, accounting, labour, and industrial history. It seeks to concentrate on the nature, process, and practice of management as an activity within the organization, and to argue that it is important that modern British managers understand the intellectual and cultural roots of their profession, since without these they will tend to be swayed by short-term management 'fads'. Within the broad topic there are several identifiable sub-areas for potential exploration, including the comparative historical development of management between different countries, management institutions, managerial careers and labour markets, management structures, management skills, and management thought and theory.     

The life and career of John Spence Ogilvy (1805-71), the first chartered accountant to emigrate to Australia

So far as the available evidence allows, this paper examines the life and career of John Spence Ogilvy, foundation member of the Society of Accountants in Edinburgh in 1854, who emigrated to Melbourne in 1856, but did not play a part in the development of an organized accounting profession in Australia. The paper also attempts to explain the gap of thirty-two years between the formation of the first accounting bodies in Edinburgh and Melbourne.     

Female CFOs and loan contracting: Financial conservatism or gender discrimination? – An empirical test based on collateral clauses

Based on signaling and gender discrimination theory, we examine whether chief financial officer(CFO) gender matters to bank–firm relationships and the designing...     

Guidelines for Manuscripts Submitted to The China Journal of Accounting Research

<正>The China Journal of Accounting Research‘‘CJAR’’(ISSN 1755-3091)publishes quarterly.It contains peer-reviewed articles and commentaries on accounting,auditin...     

Bayesian Premium Rating with Latent Structure

We propose a fully Bayesian approach to non-life risk premium rating, based on hierarchical models with latent variables for both claim frequency and claim size. Inference is based on the joint posterior distribution and is performed by Markov Chain Monte Carlo. Rather than plug-in point estimates of all unknown parameters, we take into account all sources of uncertainty simultaneously when the model is used to predict claims and estimate risk premiums. Several models are fitted to both a simulated dataset and a small portfolio regarding theft from cars. We show that interaction among latent variables can improve predictions significantly. We also investigate when interaction is not necessary. We compare our results with those obtained under a standard generalized linear model and show through numerical simulation that geographically located and spatially interacting latent variables can successfully compensate for missing covariates. However, when applied to the real portfolio data, the proposed models are not better than standard models due to the lack of spatial structure in the data.