Information Diffusion and Overreaction: Evidence from the Chinese Stock Market

This paper empirically examines the relation between overreaction and the speed of information diffusion in the Chinese stock market. Industry-adjusted firm size and residual analyst coverage are used to proxy the speed of information diffusion. We document strong evidence that the profitability of a monthly contrarian strategy decreases with industry-adjusted firm size or residual analyst coverage. Moreover, the profitability of contrarian strategies survives for a longer horizon for stocks with slower information diffusion than for those with faster information diffusion. This result holds true even if risk, bid-ask spread, lead-lag effect, inventory costs, and limits to arbitrage are properly accounted for. Our findings suggest that information environment and information diffusion determine the extent of overreaction.     

Strategic paradigms as a frame of explanation of innovations: a theoretical synthesis

Innovation has mainly been analysed as a rather narrow phenomenon. This has been an obstacle to a more operationally useful understanding of innovation processes. Two main approaches to explain innovation exist, namely economic innovation theory and the theory of entrepreneurship. Both are criticized in the article, the economic innovation theory for being based on a technological reductionism, the entrepreneurship theory for being based on an individualistic determinism. The two theories have not been coordinated to form a more comprehensive synthesis. The concept of technological paradigm within the economic innovation theory and the concept of entrepreneurial networks within the entrepreneurship theory mark some improvement in establishing a broader understanding of innovation, but have not yet been synthesized. The idea of paradigms is used in the article for a broader, synthesizing conception of innovations as being determined by shifts in strategic paradigms. A theoretical model of factors causing shifts in the strategic paradigm is set up.     

高校图书馆考研服务平台建设研究

随着数字图书馆建设的推进，各类数字化资源应运而生，考研读者作为高校图书馆的重要读者群，需要图书馆为他们提供关于考研的各类资源的服务。这类资源可以是纸质的，可以是电子的，也可以是支撑他们所需服务的一种平台。图书馆人应该超越数字信息资源去探讨信息服务的实质，从读者的根本需求上去思考数字化资源建设。     

英美文学经典融入大学英语教学的路径

英美文学经典能够激发学生的阅读兴趣,提升学生的思辨能力,提高学生的伦理道德修养以及审美情趣.应修订大学英语教学大纲,增设与英美文学相关的拓展课程,有针对性地选编教材,改进教学模式,将文学经典融入大学英语教学.     

Plantation Homes and Veneto Villas in the United States and Europe

Abstract

This paper explores the issues and challenges that are facing Lebanon as it attempts to reposition itself as a leading tourism destination in the post-war years. A discussion about the Lebanese government reconstruction plan and its role in shaping tourism policies is offered. A discussion about post-war tourism development in Lebanon is offered.     

电子商务下第三方物流发展策略研究

电子商务的核心是以网络信息的畅通，带动物流和资金流的统一。物流环节是电子商务中实现商务目的的最终保障．电子商务和物流二者之间互相影响、互相促进。通过物流与电子商务的相互影响，时电子商务物流模式分析第三方物流模式的实施方案，加强与物流企业合作实现电子商务规模经济，提高企业竞争力，促进物流快速发展。     

基于蓝海战略的中小型第三方物流企业分析

第三方物流在我国已经有十多年的发展历史,虽然企业数量有所增长,但多数都是中小型企业,并没有拓展相应的物流市场。主要针对我国目前第三方物流市场需求严重不足的现象,运用蓝海战略的两个重要战略分析工具：战略布局图和四步动作框架进行分析,重建买方价值,并提出了我国中小型第三方物流企业的发展建议。     

上海市燃气电厂专线优化选择

管道物流作为物流的一个分支在燃气的运输方面起到了重要作用。作者通过把上海市燃气电厂专线配送管网系统采用物流运输方法模型进行了优化选择，获得了较经济的规划天然气配送方案，对其他管网的优化选择也具有实际参考意义。     

A企业的供应商分类策略研究

在整个物资采购网络中，为了增强对供应商管理和控制的有效性，企业应将供应商划分为不同类型的群体。然后对不同类型的物资供应商采取不同的供应商管理模式．以节省管理成本，提高采购柔性，适应市场的变化。从企业供应商分类的现状及存在的问题着手．以物品本身的重要性和其供应市场复杂程度为依据，重新建立采购物品分类模型，最后通过企业实例进行了验证分析。     

电子期刊数据库的检索策略

本文从参考咨询人员工作实践出发,通过信息检索的几个环节,以实例分析的方式,论述了实施成功检索的检索策略,并以检索结果的评估强调了检索策略的意义。