新年贺辞

新年就这样到来了.在城市、在乡村,在每一个优雅或苦涩的地方,在每一个富强或贫穷的地方,在每一个文明或蛮荒的地方.2010年在时间意义上就此画上句号,留下的,是你我自知的五味杂陈.     

北京银行:开创中小银行崭新发展模式

在中国银行业改革开放的进程中,一家以首都北京命名的城市商业银行也在悄然兴起,在异常薄弱的基础上艰难起步,在首都经济的沃土中生根发芽,在社会各界的关爱下茁壮成长,在坚持不懈的探索中开拓进     

在最悲观时买入股票

作为上个世纪最著名的逆向投资者,邓普顿的投资方法被总结为,“在大萧条的低点买入,在疯狂非理性的高点抛出,并在这两者间游刃有余。”他用一句经典的话总结市场的规律：“行情总在绝望中诞生,在半信半疑中成长,在憧憬中成熟,在希望中毁灭。     

帕尔曼：“下一个外包新高点，中国可以期待”

生在哥伦比亚,长在纽约,伦敦成家,工作在印度——在经济全球化的今天,身为凯博商务咨询有限公司总裁兼合伙人,36岁的乔·帕尔曼的生活也在日益“被全球化”。     

该涨的偏跌,该跌的疯涨:中国经济之痛

2010年的年底,人们感慨不已地说,在常用的五六千个汉字当中,最热门的汉字其实就一个字:涨。什么都在涨。电要涨价,煤要涨价,水要涨价,油在涨价,肉在涨价,蛋在涨价,粮在涨价,菜在涨价。连空气中都弥漫着一种刺鼻的涨价的味道。     

资金运营谋发展 供应链管理求共赢——2008’中国外汇论坛之外汇资金管理及运营专题：综合措施促平衡 政策调整推创新

近年来,我国的国际收支形势一直在保持顺差,而且顺差在不断的扩大,在资本项下,影响国际收支的交易内容主要体现在外商直接投资仍然保持较大规模的增长,外债余额也在增长等具体项目上。作为国际收支顺差的结果,近几年我国的外汇储备增长较快,汇改以来人民币升值的速度也在加快。     

各国税收趣闻

在任何国家的任何历史时期,都能看到税收的痕迹。政府征税,国民纳税,从古至今皆如此。在国外早有"死亡与纳税无法逃避"的名言,在我国早在唐代也已有"人在深山更深处,也应无计避徭役"的诗句。在现代社会,政府征税更是涉及经济生活的各个方面。各国的税收不仅和企业经济活动息息相关,也覆盖了公众日常生活的方方面面。     

向他们学习

在一起与阿拉善官兵训练、劳动的过程中，在参观蒙族希望小学的路途中，在慰问边防战士的联欢会上，在一望无垠的戈壁荒漠的旅途中，我们的话题从没有离开过阿拉善。     

力争上游:寻找通胀发源地

与一路下跌的股指相反,是一路飙升的CPI,通胀在步步紧逼,如何让自己苦心积累的财富免遭通胀侵蚀,我们有必要沿着产业链的链条往上追溯——直达产业链的上游,直抵通胀的发源地,我们发现,在发源地里,可谓涨声一片,油价在涨,铜价在涨,玉米在涨,大豆在涨,白糖在涨……涨声中,投资机会也在暗流涌动,这里,隐藏着战胜大盘,战胜通胀的秘密武器,值得大家细细寻觅。     

会计——我的希望我的梦想

还记得五年前的那一天．为了那不安份的心、为了自我的证明、为了自尊地生存、我不得已走上了漫漫的打工路。有一首歌唱道“我们的家乡，在希望的田野上。”打工路漫漫，我的心归何处？春天在哪里？梦想又在何方？一个永远想念着远方母亲的游子在冥思苦想：我的梦想又在城市的哪个角落——在豪华酒店的餐厅？我端着餐盘穿梭在客人中问；在繁华城市...     

IMF-related announcements and stock market returns: Evidence from financial and non-financial sectors in Indonesia,Korea, and Thailand

We examine the changes in daily financial sector stock returns in Indonesia, Korea, and Thailand in response to IMF-related news during the Asian crisis and compare them with those in non-financial sectors. We find that news of both program negotiations and approval increased financial sector returns in Indonesia and Korea, whereas only program approval is associated with higher returns in the financial sector in Thailand. Sectors such as cyclical consumer goods and non-cyclical services experienced higher returns in Thailand and Indonesia, while almost all sectors enjoyed higher returns in South Korea. We interpret the empirical results based on the characteristics of corporate governance and industrial development policies in these countries.     

Trust in financial services: Retrospect and prospect

Fostering and maintaining high levels of trust in the financial services sector is seen as crucial because of the characteristics of many financial service and in order to promote consumer engagement in the sector. In this article, we report evidence from a body of work and other commentary to provide an insight into trends in consumer trust in the sector as a whole, in comparison with other organisations and how different types of financial services provider have performed relative to each other. We show that the financial services sector as a whole is trusted more than some comparator institutions, and that aggregate levels of trust in the sector have fluctuated a relatively small amount subsequent to the financial crisis. However, important differences between provider types are apparent and these differences have become more profound in the recent past. We provide suggestions as to how trust in the sector may be improved and provider an analysis of current initiatives to improve trust levels in the sector in general and in banking in particular.     

The scope of application of management accounting methods in Polish enterprises

The transformation of Poland’s economic system in the 1990s as a result of transition from a centrally planned economy to a market-based system involves significant changes in the regulatory context and in accounting practice and education.This paper presents the scope of application of management accounting concepts and methods in 60 Polish enterprises covered by a questionnaire survey carried out by the author between November 1998 and December 1999 in enterprises located in central and southern Poland. The selected companies were interviewed by means of a postal survey, with inquiry forms delivered in person in some cases.The detailed analyses carried out in this paper and the conclusions presented are also based on information obtained from documentary evidence kept by the enterprises and from direct interviews conducted in the course of work in teams engaged in analysis and assessment of cost accounting practices and in management accounting system design in a number of large and medium Polish enterprises.The empirical research carried out is aimed at verification of a number of hypotheses including the following: • modification of cost accounting systems and implementation of management accounting tools in Polish enterprises is brought about by many different factors, the most important being growth of competition and ownership changes in business entities, • Polish enterprises mostly implement the methods and techniques of operational management accounting, • short-term budgeting for cost centres is the most widely used method of management accounting.     

Monetary policy and macroeconomic stability in Latin America: The cases of Brazil, Chile, Colombia and Mexico

In 1999, new monetary policy regimes were adopted in Brazil, Chile, Colombia and Mexico, combining inflation targeting with floating exchange rates. These regime changes have been accompanied by lower volatility in the monetary stance in Brazil, Colombia and Mexico, despite higher inflation volatility in Brazil and Colombia. This paper estimates a conventional New Keynesian model for these four countries and shows that: i) the post-1999 regime has been associated with greater responsiveness by the monetary authority to changes in expected inflation in Brazil and Chile, while in Colombia and Mexico monetary policy has become less counter-cyclical, ii) lower interest-rate volatility in the post-1999 period owes more to a benign economic environment than to a change in the policy setting, and iii) the change in the monetary regime has not yet resulted in a reduction in output volatility in these countries.     

英汉主述位结构对比研究

本文就英汉语主位的构成成分进行了对比,并结合语气结构就四种句式中的主述位划分方式进行了比较例证,并对汉语疑问句、祈使句和感叹句的主述位提出了划分方式,进一步丰富了汉语主述位划分理论。     

International comparison of industrial development in the European context — the problems

Conclusion The index of production enables us to analyse current developments in the countries considered in the cyclical context, the information on real value added that is available for these branches of industry not being sufficiently up to date. In 1999, the division of labour within industry and between industry and the services sector changed, both nationally and in the international context. There was a rise in the nominal and the real ratios of intermediate input. Our conclusion is that, at least in some branches, the structural changes between 1995 and 1999 were of greater importance in Germany than in the other countries. In view of such structural changes the index of production cannot adequately reflect the dynamic of these branches in an international comparison. Different developments in the real ratios of intermediate input and divergent real developments in value added that are evident in the statistics are partly the result of the different methods of price deflation used in the countries and branches considered. The real value added gives a distorted picture of the development in output in these branches in the individual countries. The development in the index of production probably overstates the dynamic of German industry compared with industry in the other countries considered for the period on which this article is based, while understating the trend in value added. It follows from this that the indicators designed to measure output in economic sectors are not enough to give a realistic picture of the trend in output in branches of industry for international comparison. More information, e.g. the trends in employment and investment, also needs to be taken into account.     

The Roles of Some Key Stakeholders in the Future of Accounting Education in Australia

This article explores the role of institutional and systemic leadership in changing higher education in accounting in Australia. In particular, it discusses the roles of the Australian Learning and Teaching Council, the Australian Business Deans' Council Teaching and Learning Network, and the professional accounting bodies in meeting the challenges confronting accounting education in the tertiary sector today and in the coming years. The intersection of these leadership roles is exemplified in an accounting discipline research project that explores the critical non-technical skills stakeholders require in graduate students and discusses stakeholders' roles and responsibilities in their development .     

The past and the possible futures of Futures Studies: Some thoughts on Ziauddin Sardar's ‘the namesake’

The need to explain the concepts and terms used in Futures Studies, as in other sciences, has existed for a long time. But the necessity to do so has increased since the Second World War and is clearly important in recent debates among different groups involved in the field. This article traces the historical timeline of some of these terms in relation to the social and cultural contexts in which they were coined and first used. It argues that concepts and terms used in Futures Studies are mainly of Western origin and suggests that research should be conducted in different social and cultural contexts for concepts and terms embedded, and possibly used, in cultures different from that of the West. The article also suggests that some sort of ‘liberation movement’ should be started in this direction.     

投资决策中地区偏好与地区规避的实证研究

本地人是否更加倾向于购买本地股、或者正好相反?如何解读其中蕴含的经济学含义和行为金融学含义?论文以北京、上海、深圳开放式基金为例,对上述问题进行了研究。结果发现,第一,北京基金和上海基金低配本地股,表现为本地规避,深圳基金高配本地股,表现为本地偏好。第二,北京基金、上海基金和深圳基金都拥有不为外地投资者知晓的本地上市公司私人信息,其中北京基金获取本地私人信息的能力最为显著(对应的则意味着北京本地股信息最不透明)。第三,北京基金和上海基金没有表现出明显的本地情结,而深圳基金表现出了一定程度的本地情结。上述结果证实了地域因素是影响投资行为和投资绩效的重要因素,这一影响体现为"本地信息优势"和"本地情结"两个方面上。论文的研究结论,对资产定价的信息假说、对金融的文化意义、对行为金融的地区因素等诸多方面,均有一定的参考意义。     

Accounting infrastructure and accountability in the management of public expenditure in developing countries: A focus on Nigeria

Accountability in the control and management of public funds is one of the most sensitive aspects of the activities of government in all democracies. Hence, the 1999 Constitution of the Federal Republic of Nigeria contains provisions relating to legislative powers and control over public funds. However, the required level of accountability in public expenditure has not been achieved in Nigeria. The situation has remained worrisome even though the country does not lack in the appropriate laws and regulation required to bring sanity into the system. Though there have been some bold steps and initiatives in the recent past by the government by strengthening existing institutions and creating new ones with responsibility for fraud and other controls, the issue of weak accounting infrastructure has not been addressed. The paper argues that accountability in public expenditure can more easily be realized within the context of a sound accounting infrastructure and a robust accounting profession and not in the multiplicity of laws and anti-corruption agencies; all of which are reactive in nature. Therefore, the paper reports on the current state of accounting infrastructure in Nigeria, and conclude with an assessment of the existing agencies and current reform initiatives in ensuring accountability in public expenditure in Nigeria.