基于经济后果观的金融危机与公允价值会计研究

会计准则作为会计信息生产与提供的规范,并不是一种单纯的技术手段,而是一种具有经济后果的制度。文章从经济后果角度对金融危机下的经济后果进行了分析,为完善我国公允价值会计准则提供参考。     

传承与超越：马克思虚拟资本理论的再认识

虚拟资本作为信用制度和市场经济制度的产物，在当代社会发展中仍发挥着重要的作用。文章阐明马克思虚拟资本理论的基本脉络，从本质上认识虚拟资本的新发展，进一步探讨该理论的几点当代价值：有助于资本市场理性创新；有助于健全金融风险监管机制；有助于激活虚拟经济发展基础；有助于促进我国市场经济健康发展。     

企业财务危机预警指标筛选探究

选择合适的财务指标来描述预警模型对提高预测的精度至关重要。运用显著性分析和因子分析法，对企业财务危机预警的备选指标进行筛选，并选择了76家上市公司为样本进行实证研究。通过两次筛选，最终得到由7个预警指标组成的全面互斥的财务危机预警指标体系。为进一步的财务危机预警评价提供参考。     

制度环境与过度投资——来自中国上市公司的经验证据

以我国特有的制度环境为出发点研究企业过度投资行为，分别分析了我国各地区的政府干预、法治和金融发展对上市公司过度投资行为的影响。研究结果表明，政府干预程度与企业过度投资成正相关，法治、金融发展水平与企业的过度投资成负相关，企业外部制度环境的改善会制约企业的过度投资行为。进一步的研究发现，与法治和金融发展相比，政府干预是影响企业过度投资行为更为基本的因素。     

农业投入与农业增长的灰色关联分析

运用灰色系统理论建立关联分析模型,对中国1981年～2008年间农业增长及其影响因素：农作物播种面积、农业劳动力、政府财政支农、农业贷款、农机总动力以及化肥使用量等因素进行了定量分析,认为农业投资、农机总动力和化肥使用量是促进中国农业增长的关键性生产要素,并提出了加快我国农业机械化进程,加强政府财政支农投资力度等提高我国农业生产能力的政策建议。     

全球金融危机视角下的中国金融安全研究

随着金融市场全球化的推进以及金融工具的加速创新,加之当前全球金融监管协调机制薄弱,导致全球性金融危机爆发的频率和力度都有甚于过往。在这个严峻的背景下研讨国际金融危机爆发的原因、传染渠道、危机对中国金融安全的影响和中国如何构筑金融安全网,通过对历史文献的全面归纳并分析得到了对中国有启示意义的结论,同时对未来的研究指明了方向。     

GLOBALISATION: PAST AND PRESENT

This article compares and contrasts the two modern eras of globalisation, namely the one that started in the mid-nineteenth century and ended on the eve of World War I, and the contemporary era. Although in both periods globalisation brought down national barriers and integrated economies and societies, there were distinct characteristic features of both periods. For example, the scale of global integration through trade and financial channels during the contemporary era was unmatched by the previous phase of globalisation. Furthermore, never in history had global integration involved so many countries and people, both in absolute numbers and as a percentage of the global population.     

Management practices in Australasian ethical investment products: a role for regulation?

This paper adds to the literatures on socially responsible investment (SRI), investment management, regulation of financial services and social accounting by providing a comprehensive survey of investment methods used in SRI products and regulated social reporting in financial services. Australian and New Zealand regulations require issuers of self‐declarative SRI products to provide details on methods used in portfolio construction. Regulators' objectives to standardize the reporting of portfolio construction and thus improve its comparability were identified by examination of parliamentary debates and other public reports. Portfolio construction styles of 86 SRI products managed by 63 financial institutions in Australia and New Zealand were chosen for analysis. Statistical analysis was conducted to identify associations between styles, construction methods and assessment techniques over a four‐year period: 2004–2007. These aspects were further examined in 18 case studies. Over the period, diversity and intensity of construction methods had increased both within and between investment managers. The non‐standard nature of management consultation used in SRI products, marketing needs to distinguish rather than standardize investment methods and the types of information thought relevant to clients did not reconcile easily with the types of information required by regulation. The more recent products in the sample tended to reference market indexes in portfolio construction, separate social considerations from financial considerations and delegate qualitative assessments of invested companies. Consumer policy implications arise from questions bearing on the integrity of information attached to investment products and the effective monitoring of delegated investment processes. Copyright © 2008 John Wiley & Sons, Ltd and ERP Environment.     

进一步推进人民币国际化的思考

当前国家间经济竞争的最高表现形式即是货币竞争。人民币国际化既是中国综合经济实力不断壮大的结果,也是维护中国国际利益的重要手段,更是稳定国际货币体系的重要力量。本文就我国人民币国际化的现状及障碍进行了分析,并提出进一步推进人民币国际化的若干建议。