State-owned banks in the market for corporate control

We study the pre-deal characteristics of state-owned banks acquiring other companies, relative to their private counterparts. We build a unique international data-set of 3682 deals in the years 2003–2013. Econometric results highlight that those state-owned banks that are acting as acquirers have an ex-ante performance similar to their private benchmarks. The results are driven by the role of development banks. This new finding points to the recent evolution of some types of contemporary state-owned financial players.     

For green or not for green? The effect of cooperation goals and type on environmental performance

Although many scholars have demonstrated that companies engaged in collaborations achieve better environmental performance than other companies, existing studies have not analyzed in depth whether this effect changes considering the characteristics of cooperation. Our paper aims to explore whether collaboration with other companies always has a positive effect on environmental performance or whether it depends on cooperation goals, collaboration type, or company size. Empirical analysis based on a sample of 773 European companies demonstrated that an external source of knowledge is an important way to foster firms' environmental proactivity, especially when environmental goals are shared at the basis of collaboration. Second, we verified that companies involved in JVs with environmental goals achieve greater environmental performance than companies that use M&As to acquire external knowledge. Finally, we demonstrated that it is more important for small companies to be involved in environmental collaboration than larger ones.     

领导干部自然资源资产离任审计与企业绿色并购——来自中国重污染型上市公司的经验证据

基于2011~2017年我国A股重污染型上市公司经验数据，实证检验了领导干部自然资源资产离任审计对企业绿色并购行为的影响，研究发现：领导干部自然资源资产离任审计可显著促进辖区内企业实施绿色并购；而当地区市场竞争程度越高时，越会抑制企业在领导干部自然资源资产离任审计试点实施背景下的绿色并购扩张行为；进一步地，企业绿色并购会显著提高企业价值，且这一影响对并购后当年的企业价值影响最为显著；基于异质性分析方面，领导干部自然资源资产离任审计会约束不同产权性质企业的环境治理行为，促进其采取绿色并购，实施绿色发展；同时领导干部自然资源资产离任审计会更有利于东部地区企业实施绿色并购，而对中西部地区的企业影响不明显。     

Factors influencing consumers' purchase decision-making in O2O business model: Evidence from consumers' overall evaluation

Online-to-offline (O2O) has become a rapidly growing e-commerce model worldwide, but the factors influencing consumers' purchase decision-making have not been examined well. After exploring the working mechanism of the O2O model, we extract eleven indexes of consumers' overall evaluation in the O2O model with Crawlzilla and R techniques. Social network analysis (SNA) is adopted to build social networks reflecting consumers' overall evaluation in the O2O model. Based on the modified social network and the extracted subgraph, this study (N = 768) reveals consumers' overall evaluation behavior patterns in the O2O model by calculating network density, central potential, edge betweenness. The results show that shoppers overall evaluate the eleven indexes, especially perceived product quality, online product price, promotion intensity, business reputation, and product brand, which reflects the significant associations between the indexes. Among all the eleven evaluation indexes, perceived product quality, online product price, and business reputation dominate consumers’ decision-making behavior. When making purchase decisions, consumers not only overall consider online product price, perceived product quality, and business reputation but also balance perceived product quality, business reputation, and promotion intensity. Finally, we make some suggestions on marketing strategy for e-commerce companies.     

集成动员理论下军民科技协同创新机制设计研究

军民科技协同创新能力是国家科技整体竞争力的重要组成部分。近年来，军民科技协同创新取得显著成效，但也存在诸多问题，严重阻碍了军民科技协同创新深入发展。因此，迫切需要对军民科技协同创新机制进行系统性设计。基于集成动员理论的核心思想，借鉴其组织模式和运行机制理论，针对军民科技协同创新机制不明晰等问题，对军民科技协同创新机制进行系统性设计，提出在军民科技协同创新管理机构的引导下，将军民科技协同创新的各种资源要素和功能集成于军民科技协同创新服务平台，为军民科技协同创新流程和成果转化流程两大板块提供相关服务，并构建相关运行保障机制，进而实现军民科技协同创新集成化、敏捷化、模块化、高效化管理，进一步完善军民科技协同创新管理体系。     

基于社会网络视角的科研合作网络结构及特性分析——以战略性新兴产业领域为例

战略性新兴产业是近几年新出现的研究热点,对其科研合作网络的研究,有助于探究该领域的科研合作现状与发展趋势。基于社会网络分析方法,以中国知网(CNKI)作为数据来源,构建了战略性新兴产业领域作者合作网络、关键词共现网络、作者-关键词耦合网络及机构合作网络,对合作网络的结构及特性等进行了分析。结果表明:战略性新兴产业领域论文合著率基本呈上升趋势,但该领域整体合作仍较为松散,存在较多的小团体;合作网络具有小世界和无标度特性,具有较大影响力的节点作为合作网络的中心,影响着网络内的学术交流和科研工作的开展。     

“一带一路”倡议能否提升对外直接投资企业盈利能力？

基于2011-2015年A股上市公司与商务部《境外投资企业（机构）名录》数据，利用倾向得分匹配方法（PSM）和双重差分法（DID）考察“一带一路”倡议对中国对外直接投资企业盈利能力的影响及作用机制。研究发现：“一带一路”倡议显著提升了中国对沿线国家投资企业的盈利能力。机制检验表明，“一带一路”倡议能够通过推进中国与沿线国家间的经济融合和文化包容来提升对外投资企业的盈利能力，而政治互信在样本期内不显著。进一步研究发现，“一带一路”倡议对企业盈利能力的提升作用主要体现在国有企业、新兴优势产业以及投资目的为非邻近中国的“一带一路”国家上。     

论移动应用平台的运维运营及技术管控工作

电力企业在移动信息化技术方面也迈出了步伐,开展电力业务现场作业、物资与基建的现场作业、故障抢修等班组作业应用,本文主要讨论移动应用平台的运维和技术管控工作,为移动应用平台的建设和发展提供一种工作思路。     

土壤污染防治法背景下的城乡绿地系统建设：趋势与对策

《中华人民共和国土壤污染防治法》的颁布标志着中国将形成完善的土壤污染防治法律体系，建立从污染土壤调查、修复、风险防控、监测到场地再利用，从环境标准到规划管理的全方位制度。生态文明制度建设的宏观背景，再加上中国土壤污染严重、规模大、修复难、成本高、周期长等特征，将导致大量污染场地转变为绿地或生态用地，最终对绿地系统的数量与规模、布局与功能、规划与管理、环境质量标准等多个维度产生实质性影响。分析这一趋势，对其影响提出预判，最终提出对策建议。     

Systemic circular business model application at the company,supply chain and society levels—A view into circular economy native and adopter companies

This study contributes to the conceptualization of a sustainable circular business model (CBM), the application of the circular economy (CE) by companies. The study utilized a three-level framework adapted from the CE literature with company (micro), supply chain (meso) and society (macro) levels. This multiple-case study in the textile industry included two types of companies operating in the CE: companies founded on the sustainable principles of a CE (natives) and companies transitioning to a CE from the linear economy (adopters). The findings show that the adopters emphasized long-term economic sustainability on a company level and implemented CE elements to varying degrees on all three levels. The natives pursued business decisions from environmental and social sustainability standpoints, and the three levels were integral in their systemic approach to a CE. The study highlights two key claims: established operational structures and economic volition hindered adopters in their systemic CE implementation, and an integral part of the CBM for natives was a proactive approach towards the society level.