车用粉末涂料的全球市场探析

本文根据目前车用粉末涂料的发展态势,详细分析了我国粉末涂料发展缓慢的原因及其品种性能、介绍了粉末浆涂料涂装的优点及制备工艺、国外汽车粉末涂料制备技术取得进展、透视了粉末涂料市场概况;并指出了国外粉末涂料、涂装的发展趋势。     

理清建设思路 培养物流人才——对无锡商职院物流管理专业建设的思考

无锡商业职业技术学院在物流管理专业人才培养方面进一步理清专业建设思路,探索符合职教特点的教学模式,理顺全方位、多层次的产学研合作机制,打造专兼结合的"双师型"师资队伍,构建以精品课程为核心的职业能力导向型课程体系,改革教学内容,强化实践教学,建成了现代物流人才培养的基地。     

Green multi-tier supply chain management: An enabler investigation

Stakeholder pressure, from actors including regulators, consumers and non-governmental organizations, has made organizations more responsible for poor environmental performance of their direct and sub-suppliers. Thus, green multi-tier supplier management (GMSM) has become an emergent topic. Yet it is still unclear how to enable GMSM practices effectively, i.e. how to enable sub-suppliers' environmental performance improvement. To help address the gap in the literature, this paper aims to identify enablers for sub-suppliers' environmental performance improvement, and it further applies a Decision-Making Trial and Evaluation Laboratory (DEMATEL)-based case study method to evaluate inter-relationships among these enablers and improve the focal company's GMSM practices, by using action research (AR) method principles. The data analysis and discussion with a follow-up evaluation after two years provided insights for the successful implementation of GMSM. The results show that top managers’ support from the organizations is a prominent and necessary foundational enabler. An interesting observation is that close proximity of supply chain members is regarded as a very prominent enabler. Evaluation and feedback on these enablers two years later found that the enabler mapping was beneficial, allowing them to address the most influential enablers, and thus the GMSM practices of the focal company has been highly improved. This paper concludes with directions for further research.     

Unfolding China’s state-owned corporate empires and mitigating agency hazards: Effects of foreign investments and innovativeness

Integrating agency and institutional perspectives, we describe how China’s socio-political institutions create state-owned corporate empires with unique agency conflicts. We develop a framework demonstrating how economically unjustified firm expansion, i.e. empire building, mediates the relationship between state ownership and performance. We uncover the instrument in empire building and appropriate corporate governance and strategic management remedies. An empirical study on 29,638 Chinese firms evidences that (1) increased state ownership drives higher management expenses and lower firm profitability though empire building; (2) long-term debt is used to finance empire building; and (3) foreign capital investments and innovativeness can mitigate these agency conflicts.     

The issue of translation during thematic analysis in a tourism research context

This research note discusses issues with translation of non-English text during qualitative analysis in tourism research using examples from the newly emergent phenomenon of Chinese working holidaymakers in New Zealand. In particular, this note highlights an additional translation step in the thematic analysis process with non-English interview quotes and excerpts. This note argues the merit of researchers’ dual role as researcher/translator and discusses how researchers can undertake translation in cross-language research to maintain the rigour of qualitative tourism research.     

Banks’ Governance and Innovation: Evidence from the Listed Firms in China

ABSTRACT

The article investigates the relationship between banks, agency costs, and innovation ability of listed firms. The role of banks in affecting innovation is a very important topic especially in China where banks play more important roles than equity markets. We find that banks providing short-term funds to listed non-high-tech firms dampen their innovation ability significantly. However, the relationship between short-term loans and innovation ability in high-tech firms is insignificant. The effects of short-term loans on innovation ability are significantly different between high-tech and non-high-tech firms. Further examination shows that high-tech firms with more short-term bank loans have significantly less abnormal management expenses than non-high-tech firms in the next year. The reduced abnormal management expenses in the next year significantly enhance the innovation ability in the year after next.     

基于乡村振兴战略的青岛市农村基础设施提档升级驱动力分析

[目的]为了全面贯彻实施乡村振兴战略,以建设美丽乡村为导向,研究影响青岛市农村基础设施提档升级的驱动因子,为青岛市农村现代化建设和城乡协调发展提供理论依据。[方法]文章利用主成分分析法对青岛市农村基础设施的基本情况和影响因素进行分析,通过技术各因子之间的相关系数、特征值和贡献率分析影响青岛市农村基础设施提档升级的主要因素。[结果]青岛市农村基础设施一直处于升级的状态,主成分分析结果表明第一主成分和第二主成分可以代表绝大部分信息,第一主成分与X1(农村居民人均纯收入)、X2(乡村人口)、X4(农业产值)、X6(农村恩格尔系数)、X7(工业生产总值)具有很大的相关性,第二主成分与X3(农用机械总动力)、X5(固定资产投资)具有明显的相关性。[结论]经济发展因素和农业人口因素是影响青岛市农村基础设施提档升级主要驱动力。为了进一步提高农村基础设施建设,政府应该增加固定资产的投入,重点整治农村污染和公共卫生,加强村容村貌整治,促进青岛市美丽乡村的全面建设。     

中国GST地区收入与其负担的差异研究

文章基于我国“营改增”改革削弱了地方政府税收征管权进而引起收入分配争议的现实背景,运用投入产出等分析方法计算出中国各地区GST的负担额,并引入地区税收负担度指标对各地区GST收入及其负担的差异程度与特征进行了系统描述.研究发现:(1)各地区GST负担度差异较大;(2)GST负担度整体上呈现“西高东低”的特点,增值税是造成这一状况的主导因素;(3)消费税负担度则呈现“东高西低”的特征,这符合公平原则.各地区GST负担度差异较大的原因包括税负转嫁、原产地原则、转让定价、地区产业不均衡和汇总纳税等.因此,为降低中国地区间GST收入与负担的差异程度,应当建立以目的地原则为主导的GST分配机制和有助于协调收入及其负担的转移支付制度,并完善跨区域经营管理体制等.     

优化与平衡:完善我国公众监督机制的路径研究

完善公众监督是推动社会进步与提升国家能力的重要环节,而机制建设是影响公众监督建设的关键。我国公众监督机制仍然存在一些缺陷与不足,而完善公众监督机制需要从公众监督运行、保障、反馈和协同四个要素不断努力,为公众监督机制建设提供坚实保障。     

The Chinese Stock Dividend Puzzle

In this paper, we examine the announcement effects of dividends with an emphasis on stock dividends in China's capital market. We find that dividend-paying stocks exhibit significantly positive abnormal returns while non-dividend-paying stocks show a negative announcement effect. Further, we document that the cumulative abnormal returns for pure stock dividends and combined dividends are the main drivers of this announcement effect. In contrast, pure cash dividend stocks experience no significant price run-up before announcement. The significant announcement effect of stock dividends is robust to controlling the earnings surprise effect. We offer some discussion of the possible explanations.