基于科技园平台的科技企业与市场资金结合模式研究

科技园作为区域经济发展的重要载体,越来越多地得到地方政府的大力引导、鼓励和扶持,但政府资金的公益性和有限性特征决定了科技企业必须调动市场资金参与投入,市场资金才是科技企业的投入主体。本文以科技园为中介平台,分别从科技企业与风险投资结合、与银行信贷结合的模式和策略角度,探讨了科技企业与市场资金有机结合的途径。     

上市公司风险管理审计研究

按照我国证监会要求,上市公司监事会应当向全体股东负责,保护公司资产安全,降低公司的财务和经营风险。但是,由于股权结构、立法、体制等因素的影响,导致我国上市公司监事会监督失效的现象非常普遍。笔者认为应从法律、上市公司责任意识、监事独立性等方面,增强上市公司监事会的监督作用,允许监事会有权聘请外部审计机构对上市公司的风险管理进行审计。为此,本文分析研究了上市公司风险管理审计的作用、审计步骤及措施。     

我国消费金融业务的发展困境及对策刍议

根据2009年银监会文件成立的四家消费金融公司，是我国在拓展内需促进经济发展模式转型过程中作出的有益尝试，在前期发展过程中体现出自身的价值。文章针对消费金融公司前期发展过程中出现的业务发展较慢等问题，进行了简要的分析评述，并结合2014年开始施行的《消费金融公司试点管理办法》，针对发展困境提出了对策与建议。     

Adoption of the International Financial Reporting Standards by Greek non-listed companies: The role of coercive and hegemonic pressures

In this paper, we examine the motivations for preparers in Greek non-listed companies to adopt International Financial Reporting Standards (IFRS). Previous literature has focused on listed companies and assessed the effect of IFRS on market efficiency to justify its adoption. Using data from a cross-sectional survey and from interviews with senior managers, our analysis indicates that the motivations to adopt IFRS in Greece are not primarily related to the technical competence of the standards. We draw insights from literature on institutional theory and hegemony based on the Selections from the Prison Notebooks of Gramsci, and show that the decision to comply with IFRS can also be motivated by coercive and hegemonic pressures, which are exerted by powerful institutional constituents as they interact with organisations’ strategic interests at the international and national level. The adoption of IFRS is driven predominantly by the pressures exerted by parent companies on their subsidiaries and by the legal requirements of the state, but also through borrowing and debt-contracting requirements as enforced by civil society actors, such as financial institutions. This mobilisation of power plays a pivotal role in supporting the establishment of IFRS among non-listed companies.     

Global Advertising Practices

Abstract

This empirical study of European, Japanese and U.S. multinational companies provides a cross-sectional investigation on the degree of standardization practiced in advertising strategy and message elements, objectives and types of content of standardized advertising and ways of using adapted strategy. Based on the sampled data, no statistical difference was found for any of the analyses at the 0.05 significance level. However, it can be concluded from the data that global marketers are moving toward standardization in their advertising. The contributions of this research can be significant for both academicians and practitioners. Managerial implications and future research directions were also provided.     

上市公司盈利能力分析——以西山煤电为例

企业利润是其利益相关方关注的焦点。上市公司的盈利能力是指上市公司利用各种经济资源赚取利润的能力,是经营者经营业绩和管理效能的集中体现,上市公司的经营状况会通过盈利能力表现出来。利润是上市公司利益攸关方关心的中心问题,利润是投资者取得投资收益、债权人收取本息的资金来源,是职工集体福利提高的重要保障。     

Managing Risks in Complex Projects

Dealing effectively with risks in complex projects is difficult and requires management interventions that go beyond simple analytical approaches. This is one finding of a major field study into risk management practices and business processes of 35 major product developments in 17 high‐technology companies. Almost one‐half of the contingencies that occur are not being detected before they impact project performance. Yet, the risk‐impact model presented in this article shows that risk does not affect all projects equally but depends on the effectiveness of collective managerial actions dealing with specific contingencies. The results of this study discuss why some organizations are more successful in detecting risks early in the project life cycle, and in decoupling risk factors from work processes before they impact project performance. The field data suggest that effective project risk management involves an intricately linked set of variables, related to work process, organizational environment, and people. Some of the best success scenarios point to the critical importance of recognizing and dealing with risks early in their development. This requires broad involvement and collaboration across all segments of the project team and its environment, and sophisticated methods for assessing feasibilities and usability early and frequently during the project life cycle. Specific managerial actions, organizational conditions, and work processes are suggested for fostering a project environment most conducive to effective cross‐functional communication and collaboration among all stakeholders, a condition important to early risk detection and effective risk management in complex project situations.     

中小物流企业中应用业务流程管理和面向服务架构的解决方案

针对当前中小物流企业的IT需求和实际情况，分析了BPM和SOA组合的特点、益处。给出了一个在中小物流企业中应用BPM和SOA组合的框架。提出了一个在中小物流企业中应用BPM和SOA的解决方案。     

中小证券公司后台业务外包分析

随着证券市场的发展,各中小证券公司后台日益庞大,后台系统投入大幅增长,但业务范围和营销能力并未随之大幅增加,导致后台出现产能过剩,产生大马拉小车和IT黑洞等现象。由于成本原因,目前许多中小证券公司管理层对新系统的投入和团队建设处于彷徨境地。本文提出通过将后台业务外包,来解决中小证券公司后台成本居高不下的问题。     

Modus operandi of transnational transfer pricing for window dressing

A goal of transfer pricing may be to maximize after tax revenue by setting transfer prices that reduce the total tax paid. ＂Transfer pricing＂ is the pricing of products or services provided by one division to other division of the same corporate entity. Most of the corporate entities are using the method of ＂Window dressing＂, which is a technique used in preparation of financial statements of corporate entities. A transnational corporation is any enterprise that undertakes Foreign Direct Investment （FDI）, owns or controls income gathering assets in more than one country, produces goods or services outsides its country of origin, or engages in international production. Profitability of the transnational corporate entities is being manipulated by the technique of transfer pricing. Abuse of transfer prices is a key tool used by the corporate entities to think that they have virtually no profit; hence, they shouldn＇t pay any taxes. India needs to realize the fundamental need for co-operation among tax administrations in order to remove the obstacles that international double taxation presents to the free movement of goods, services and capital between various countries. In this context, one needs to consider that transactions among associated enterprises may take place under different conditions from those taking place among independent enterprises, while enforcing the act of transfer price mechanism. This paper focuses on transfer pricing and its implications in transnational transactions.