抱箍法施工墩柱盖梁施工工艺研究

抱箍法无支架施工墩柱盖梁可操作性强,同时对地基要求不高,省略了对地基的硬化处理又可节省支撑钢管,辅助施工少,有效的节省了成本,缩短了工期,为工程带来了非常显著的效益。节省了能源,充分发挥了节能优势。     

Den egna vägen: Sverige och den europeiska integrationen 1961–1971

Abstract

The use of armaments, diplomacy and economic pressure to intervene in the functioning of an enemy economy has been one of the most disputed concepts of warfare in the twentieth century. In the war against Germany after 1939 so called ‘economic warfare’ proved on the whole a poor investment of Allied resources with the notable exception of the bombing raids on synthetic oil factories. By contrast it was eminently successful in the campaigns against Japan. One obvious reason for the difference is that Japan was an island power against which the traditional techniques of naval blockade were effective whereas Germany by her territorial conquests on the continent was able greatly to extend her control over economic resources despite the blockade. But there were other reasons for the relative failure of ‘economic warfare’ against Germany and these, like the results of conquest, are central to these two works. One was that the complexity of the German economy in its international setting, combined with the difficulty of obtaining accurate economic information about an enemy economy during a war, meant that there was in reality no method of selecting with an accuracy sufficient to justify the deployment of large resources a link in the chain of production so weak that it could be destroyed. Secondly, a lurking suspicion that this might be so caused rapid changes in strategy, so that when weak links were identified the targets were seldom attacked for long enough for the strategy to succeed. Thirdly, the weapons and techniques of intervention in an enemy economy were seldom perfect enough to achieve their ambitious purpose. And finally German foreign trade even in strategic commodities survived because it was also in the interests of neutrals, and even in those of the Allies where their own economic relationship with the neutrals was concerned, that it should.     

基于EVA视角的企业薪酬激励机制运用

由于忽视了股东资本的机会成本,采取传统的会计利润等指标来评价企业经营业绩是有缺陷的,企业获得的利润只有高于全部资本成本才能为股东创造价值。文章在讨论了EVA内涵的基础上,以能够弥补这一缺陷的EVA理念为核心,设置了一套规范经营者行为、维护所有者和股东合法权益的激励机制,并探讨了比传统激励机制的优越性。     

我国金融控股集团企业年金业务拓展模式研究

近年来,随着我国企业年金市场的快速发展,各类金融机构竞相参与。但不同机构的行业特性决定了其开展年金业务的优、劣势。本文在比较各类金融机构参与企业年金业务特点的基础上,提出金融控股集团在竞争中存在规模经济、范围经济、风险控制、业务创新、同一品牌等综合优势。然后根据年金业务的承接主体、年金业务的协调管理方式两个分类角度下的企业年金业务管理模式矩阵,分析了符合当前我国国情的金融控股集团拓展企业年金业务的三种基本模式,并提出当前的优选模式即“集团主导型”的修正模式及具体的操作建议。     

金融危机冲击与企业现金持有的动态调整

运用动态面板模型及系统GMM估计方法,得出不同财务特征的企业在解释现金持有及动态调整速度与成本方面的差异,发现金融危机会显著增加公司调整持有现金的成本。进一步分析显示,正常状况下公司进行现金调整的资金来源主要依靠银行贷款与经营性现金流量,但在金融危机冲击时,中国上市公司对银行融资性资金来源的依赖更为明显,这与我国以银行为主体的间接融资方式相一致。     

中美上市公司流动性管理的比较研究——基于现金持有策略行业特征的发现

依据中美上市公司的行业划分,识别企业现金持有策略的行业特征。研究发现,与美国企业不同,中国企业现金持有策略的行业差异较弱;但是已呈现逐步改善迹象。参考美国企业现金持有策略行业差异的历史轨迹可预见:随着治理环境的改善,中国企业流动性管理将趋于理性。     

Financial Integration in Emerging Asia: Challenges and Prospects

Using both quantity‐ and price‐based measures of financial integration, the paper shows an increasing degree of financial openness and integration in emerging Asia. Assessing the impact of a regional shock relative to a global shock on local equity and bond markets, the findings suggest that the region's equity markets are integrated more globally than regionally, although the degrees of both regional and global integration have increased significantly since the 1997/1998 Asian financial crisis. However, emerging Asia's local currency bond markets remain generally segmented, being neither regionally nor globally integrated. There are potential benefits from increased regional integration of financial markets. Financial integration at the regional level allows for the region's economies to benefit from allocation efficiency and risk diversification. Policymakers in the region must strike the right balance between maximizing the net benefits from regional and global financial openness, and minimizing the potential costs of financial contagion and crisis.     

股权结构与会计信息质量——以熵权法所构建的会计信息质量指数为基础的经验研究

采用熵权法构建会计信息质量指数作为综合会计信息质量的替代变量,考察会计信息质量与股权结构之间的关系。实证结果表明,会计信息质量与股权集中度、股权制衡度、第一类机构投资者所占比例显著正相关;与第二类投资者及股东大会执行效率显著负相关;与股票流通比例和控制权争夺之间则不存在显著的相关关系。     

Institutional Ownership,Diversification, and Riskiness of Bank Holding Companies

We examine the relationship among the level and stability of institutional ownership, diversification, and riskiness of publicly traded bank holding companies. We find that large and stable institutional ownership is associated with a higher (lower) level of geographic, revenue, and nontraditional banking (asset) diversification and lower risk, suggesting that institutional investors are prudent and favor risk‐reducing diversification strategies. The association between institutional ownership level and diversification is more pronounced under deregulation and during the crisis, suggesting a substitution effect between regulation and market discipline, and a greater level of monitoring and/or advising by institutional investors during the crisis, respectively.     

浅谈原地单手肩上投篮技术

篮球是一项在我国开展十分普及的群众体育活动。投篮技术是篮球运动最基本而又关键的技术,而原地单手肩上投篮是各种投篮方法的基础,容易学习掌握,出手点高,便于结合和转换其它攻击运作、在不同距离和位置上均可以应用的优点。为了提高单手肩上投篮的准确性,应加强体育教学的规范性,使投篮技术动作更加正确、合理、协调、稳定。