Common factors in the withdrawal of European aircraft manufacturers from the regional aircraft market

The current study provides a model that aims to explain the origin of the competitive advantage of organizations in terms of the ownership structure. We have also studied the interactions between IT use and ownership structure. To reach these objectives, we have classified the organizations in two groups using the cooperative character criterion. The results show that cooperative firms achieve a superior competitive advantage regardless of the amount of IT that the firms use. The study is focused on the Spanish Pharmaceutical Distribution Industry.     

我国银行业金融机构市场退出法律制度研究

由于缺乏完善、规范化的法律制度,我国银行业金融机构退出实践中出现政府过度干预、债务支付方式注重短期效应、存款安全倚仗政府隐性担保等严重问题。有必要以维护整个银行业金融体系安全和金融市场发展为总目标,确立市场运作、审慎监管、个人储蓄存款优先保护等基本原则,选择合理的立法模式和法律形式来制定和完善我国银行业金融机构市场退出法律制度。     

A micro view on home equity withdrawal and its determinants: Evidence from Dutch households

For most households, home ownership is the largest wealth component that has become more accessible through innovation and deregulation in mortgage markets. This paper studies the factors driving home equity withdrawal (HEW) at the household level using Dutch survey data. In the Netherlands, house prices were growing fast and mortgage expenses are to a large extent tax deductible. Expectations and perceptions do seem to play an important role in HEW. Withdrawers tend to be more positive about house price developments and – although having lower income – less concerned about their future economic situation. HEW can have a significant impact on both households and the economy, with most of the equity released being reinvested in the housing sector and only a small share used to finance consumption expenditure.     

Thinking on the withdrawal mechanism of venture capital in China

From the operating mechanism of venture capital, we can see that, the withdrawal mechanism of the venture capital plays a decisive role in the ultimate success or failure of the venture capital. One of the key issues affecting the development of China＇s venture capital industry is that the withdrawal mechanism is not sound. In referring to the foreign successful experience, we must fully analyze it by integrating with the actual situations of China. Currently, the capital market, property market, venture capital system and legal system of China are not perfect, and the improvement of the mechanism can not be done overnight. We can first choose to withdraw in a practical way in the current stage to gain the time to develop, and then continue to pave the way to create conditions, and finally establish a perfect venture capital withdrawal mechanism.     

农民贷款难:农村经济发展的制度瓶颈

在农村,随着国有金融机构的不断撤出,农民贷款难的状况不断加剧,已成为阻碍农村经济发展的重要制度瓶颈。我国农村信用担保机制的缺位是造成农民贷款难的重要因素。解决农民贷款难问题,需要完善农村土地承包经营权的法律和制度,使土地承包经营权确实成为完全的物权,并理顺农村宅基地所有权、使用权和房屋所有权的关系,使农民能够以土地承包经营权和宅基地使用权进行抵押贷款。     

Venture capitalists' decision to withdraw: The role of portfolio configuration from a real options lens

When does a venture capital firm withdraw from an investment project prior to its completion? This study offers a real options view on this decision by examining the contingent effects of portfolio configuration. We explore how project withdrawal can be influenced by two distinct dimensions of portfolio configuration, portfolio focus in a strategic domain and portfolio diversity across multiple domains. The empirical analysis shows that while portfolio focus weakens the negative effect of industry‐level uncertainty on a venture capitalist's propensity to withdraw from a project, portfolio diversity strengthens the effect of uncertainty. This study informs current research on the boundary of real options theory and sheds light on the behavior of venture capitalists in financing entrepreneurship. Copyright © 2013 John Wiley & Sons, Ltd.     

基于地票制度下的成渝宅基地流转模式对比分析

城乡二元土地制度是长期制约我国城乡统筹发展的主要原因之一.随着我国城镇建设的极度膨胀,城镇建设用地的紧张和农村宅基地闲置的城乡二元土地结构矛盾越来越突出,直接影响我国城乡统筹发展的步伐.成都和重庆作为全国城乡综合配套改革试验区,在宅基地流转方面进行了有力的探索.本文通过比较在地票交易制度下成渝两地农村宅基地流转的现实背景、流转方式、交易成本等环节,分析成渝两地在农村宅基地流转过程中的经验和弊端,希望为农村宅基地流转机制的健全提供一定的借鉴意义.     

农村宅基地使用权流转之政府规制

目前我国法律对农村宅基地使用权流转原则上是禁止的,但宅地基使用权的私下流转却非常普遍。苏州、天津、成都等地区积极开展了改革农村宅基地使用权流转的实践,并取得了一些成效。但是,目前宅基地使用权流转混乱,需要政府加以规制,而政府在宅基地使用权流转中的职能缺失主要体现在法律法规缺失、登记制度缺失、服务职能缺失和监管职能缺失等。因此,建议通过完善立法、健全登记、强化服务、加强监管来规范、推动、促进、保障宅基地使用权的流转。     

基于成都联建房的宅基地联建房产权流动的实践、法律困境与突破

研究目的：基于成都联建房的法律困境,研究宅基地联建房产权流动的法律依据和制度突破。研究方法：运用规范分析法和综合分析法,对宅基地联建房产权流动的实践、法律困境和制度突破进行了实证分析。研究结果：宅基地联建房涉及的土地性质是集体建设用地使用权,其产权分割和产权登记在“房地分离”制度下是可以实现的,而且有助于农村房地产权制度改革。研究结论：要与时俱进地推进宅基地联建房的实践,须在坚持集体土地集体所有的基础上,承认宅基地联建房制度创新是合法的,且迫切需求法律建立农村“房地分离”制度和宅基地联建房的产权分割、产权登记制度。     

农村宅基地利用、农户宅基地退出补偿意愿调查与启示——基于安徽省821户农户问卷

对安徽省无为县、庐江县、埇桥区和潜山县821户农户家庭宅基地利用、宅基地退出与补偿意愿调研结果进行分析。结果表明:(1)不同地区的被调查农户宅基地退出意愿差异明显,经济发展水平相对较高的地区的农户更愿意退出宅基地。(2)针对愿意退出宅基地的农户而言,大多希望通过退出现有宅基地来改善目前的居住生活条件,获得相应的福利政策,同时考虑到为了避免宅基地常年闲置而愿意退出宅基地;而针对不愿意退出宅基地的农户而言,则对宅基地有感情、担心退出后家庭住房得不到保障、相关经济补偿不合理,同时预计农村土地未来有升值潜力而不愿意退出。(3)绝大多数农户对选择退出宅基地后是否进城十分谨慎,很多农民即使选择退出宅基地也不愿意进城。鉴于上述结论,提出了以下政策建议:实施多元化的宅基地退出补偿方式、确定合理的宅基地退出补偿标准、建立农村宅基地退出的配套政策保障机制和合理安排农村宅基地退出时序。