金融衍生工具带来的会计问题

本世纪７０ 年代初，由于布雷顿森林体系瓦解，金融创新对会计基本理论产生了冲击。为了对金融衍生工具进行确认、计量和报告， 本文从金融衍生工具带来的会计问题开始， 讨论了国际会计学术界的工作和衍生工具现状与发展前景。     

The Siting of Hazardous Waste Facilities in Federal Systems: The Political Economy of NIMBY

This paper offers a new political economy explanation for thepervasive problem of siting hazardous waste treatment facilitiesin federal system. We first show that a decentralized systemyields the first-best waste treatment capacity level and that acentralized structure gives rise to free-riding behavior amonglocal jurisdictions. In our model, each community seeks toinfluence the central government through political contributions.This leads to suboptimal levels of treatment capacity. Thecapacity is increasing in the compensation level if the marginalbenefit of treatment capacity is sufficiently large, and in thegovernment's weight on aggregate social welfare relative tolobbying activities. The centralized system can replicate thedecentralized system with a sufficiently high compensation level.Since compensation has proved difficult, a centralized systemfaces greater obstacles than a decentralized system.     

企业战略管理研究新进展——基于制度经济学和组织社会学制度理论的视角

制度经济学视角的研究大多集中在正式制度和非正式制度对企业战略行为的影响;而组织社会学制度视角更多地是侧重于对制度合法性、多重制度压力及国际化等方面的企业战略行为的研究。今后的研究应结合产业基础观、资源基础观等多个理论视角和多层次分析方法,探索制度对企业战略行为的作用机制。     

资产管理公司,路在何方?

探讨了资产管理公司 (AMC)在运行过程中遇到的一系列体制性困难 ,分析了国有企业、金融市场、政府部门、机构投资者、中介机构、法律制度等方面对它的影响 ,并在此基础上提出了相应的对策和建议。     

全球化与政府创新

全球化使得后国家行政环境深刻变迁，这对行政管理会产生广泛而深刻、持续而 复杂的影响。全球化迫切要求政府行政创新。全球过程中，后发国家政府面临市场力量与政府作用；超越主权与国家主权；有限政府与无限政府的悖论与矛盾。全球化对政府职能提出了创新要求，属于后发国家之列的中国，应确立全球化政府理念，创新政府公共行政，提升政府能力，才能提高政府水平，正确定位政府职能，顺应全球化浪潮对行政环境的置换。     

Project Appraisal and Capital Investment Decision Making in the Scottish Water Industry

Restructuring the Scottish water industry has changed the way in which both project appraisal and capital investment decisions are performed. This article examines the project appraisal and subsequent capital investment decision in the case of a reed bed sewage treatment scheme which is compared with a more traditional scheme. Although the capital profiles of the schemes are similar there are major differences in the revenue costs. In addition, there are potential public benefits to the reed bed scheme. A comparison is made of management mechanisms in the pre-1996 water industry with that of restructured water authorities. In the pre-1996 water industry, local authorities had a broad remit which encouraged them to value these factors, in effect an implicit social account. The creation of water authorities with narrow remits and specific performance measures, constructed a framework that does not support the integration of social accounts into the decision making process. The paper demonstrates that investment appraisal is a product of the institutional framework in which the decisions are made. As that framework changes, mechanisms and measures of accountability shift in parallel.     

建立我国风险投资机构报告体系初探

风险投资是创新的催化剂。随着国内外风险投资的不断发展,构建风险投资报告体系迫在眉睫。借鉴欧洲、美国、英国等发达国家或地区风险投资报告体系的主要内容,对构建我国特色的风险投资机构报告体系提出了建议。     

Joint Management of Emission Abatement and Technological Innovation for Stock Externalities

We investigate how emission abatement and technological innovation provide different solutions to reduce pollutant emissions. In the case of a stock externality emission abatement leads to a smooth and continuous adjustment of emissions. Conversely, technological innovation has to be interpreted as an option on a less polluted environment and can justify the use of a pollution threshold above which it is optimal to start a research and development programme for a less polluting technology. It is shown that technological innovation interferes with the traditional emission abatement approach. The optimal abatement level is logically lowered once the less polluting technology is available; nevertheless a temporary increase in emissions is optimal during the research and development period. The usual Pigouvian tax system proves to remain an efficient corrective instrument. A numerical application to the Greenhouse effect is provided.     

How does a cluster relocate across the border? The case of information technology cluster in the Taiwan-Suzhou region

Since the end of the Cold War, cross-border regions have proliferated at the borders of formal socialist countries, especially in China. Existing accounts of these emergences treat them either at the macro-level, focusing on political initiatives, or at the micro-level, with emphasis on social and economic relations. This paper uses the Taiwan-Suzhou cross-border region as a case study for suggesting a meso-level approach, arguing that as a result of continuous interactions between individual Taiwanese information technology firms and opportunity structures generated by the selective opening of the Chinese border, the formation of cross-border high-tech regions is shaped and determined at the level of the industrial system. The industrial system acts as a platform for coordination and cooperation between local elites and foreign investors and among individual firms within this system. The formation of the cross-border high-tech region thus involves the relocation and institutional re-embedding of industrial systems across the border, which has been accompanied by the systemic building of Taiwanese firms on the one hand, and the institutional innovation of Chinese local states on the other.     

零售企业破坏性创新及其制约因素：一个理论框架

自中国零售市场对外开放以来，本土零售企业一直在复制与模仿外资零售企业的道路上艰难前行，虽有发展，但始终无法超越外资零售企业，更无法获得可持续的竞争优势。文章认为，本土零售企业只有走破坏性创新道路才有可能获得长足发展，进而阐述了本土零售企业进行破坏性创新的空间基础和破坏性创新过程，并对阻碍零售企业破坏性创新的因素进行了探讨，这些因素可分为四类：行为采纳障碍、思想障碍、风险障碍、创新过程的先期障碍。