住宅建筑施工中节能措施的合理应用

当前，随着环保、可持续发展理念的发展．建筑高能耗的模式已经不适应现代社会的发展需要。节能型建筑势在必行。笔者根据自己多年来的施工经验对建筑施工节能技术的一般要求进行分析，并就节能住宅建筑施工中节能措施的合理应用进行阐述。供同行参考。     

节能周最强音:新机制新技术——2007年北京国际节能环保高层论坛精粹

“北京节能周”又一次为人们呈现了节能环保盛宴,作为节能周的重要组成部分“2007中国北京国际节能环保高层论坛”6月10日在北京亮马河大厦国际会议中心紫金大厅开幕。本届论坛将“节能周”推向一个新的高潮。论坛由北京市人民政府、国家发展和改革委员会主办,北京市发展和改革委员会、北京市科学技术委员会承办,投资北京国际有限公司和北京节能环保中心协办,包括“节能环保新技术、新机制”和“绿色奥运与城市环境建设”两个分论坛,分别介绍了北京市节能产业结构调整政策和2007年北京发展循环经济行动计划、节能新机制在我国的应用以及北京奥运所采取的节能环保措施,我们从中可以看到北京节能环保工作的进程。     

基础化工 节能环保下孕育投资机会

我们认为在国家和社会对节能环保日益重视的背景下,节能降耗也能强化易产生污染行业的龙头公司地位。基础化工在节能环保下孕育着投资机会。目前电石、染料、草甘膦行业的龙头公司就已经享受了节能环保带来的价格回升,利润大幅增加的好处。     

加快推进上海节能环保政府采购工作的若干建议

政府采购是公共财政的一部分,政府采购涉及的货物、服务和工程的规格、数量、要求等内容,可以直接反映政府的政策意志。节能环保政府采购政策的作用,就是政府通过政府采购所形成的强大购买力,树立政府节能环保形象,改变公共消费的方式和结构,引导和创造节能环保消费需求,促进节能环保企业发展,推进节能环保技术的进步,进而影响整个社会经济生活领域,实现节能环保的政策目标。因此,加快推进上海市节能环保政府采购政策,充分利用节能环保政府采购政策实现本市的节能减排目标,对上海社会经济的发展显得尤为重要。     

推行“绿色信贷”的几点建议

一是在为企业或项目提供授信等金融服务时,把审查企业信用报告中的环保信息、企业环保守法隋况作为提供金融服务的重要佑毡唇。二是严格控制对高耗能、高污染行业的信贷投入,加快对落后产能和工艺的信贷退出步伐;对贷款实行差别定价,加大对节能环保企业和项目的信贷支持;建立信贷支持节能减排技术创新和节能环保技术改造的长效机制,探索创新信贷管理模式,     

借鉴美国模式，提升节能环保支出效率

<正>经过16年发展,我国节能环保支出内容不断丰富,资金管理持续加强。然而,我国生态文明建设领域问题频发,借鉴美国节能环保支出模式,可为提升我国节能环保支出效率提供启示。美国规范稳定的节能环保支出体系1.美国联邦财政环保支出规模20世纪70年代,美国出台《国家环境政策法》（NEPA）,并成立联邦环保局,大规模开展污染治理。     

促进节能环保的金融政策和机制研究：国际经验及启示

面对全球气候危机的严峻挑战,国际社会在利用金融手段促进节能环保方面不断进行探索。国际经验表明,充分运用金融机制的调节和服务机能,包括建立温室气体排放限额交易市场,遵循赤道原则加强对融资项目环境风险的审慎调查,运用财税政策鼓励金融机构开展绿色金融产品创新,支持国际金融组织介入节能环保领域等,对于以低成本、高效率的方式控制污染排放、改善环境质量具有积极意义。为了提高国内节能环保工作效能,我国需要学习和借鉴国际先进经验,加快建立有利于节能环保的金融服务体系,更好地发挥金融在建设资源节约型、环境友好型社会中的杠杆作用。     

打造经济增长的“绿色引擎”

2013.9.28节能环保产业有望快速成为经济增长的"绿色引擎"。前不久,国务院印发了《关于加快发展节能环保产业的意见》,明确了今后3年的发展目标,节能环保产业产值年均增速在15%以上,到2015年,节能环保产业总产值达到4.5万亿元,成为国民经济新的支柱产业。提速发展节能环保产业正当其时。一是,加快发展节能环保产业是拉动消费、扩大有效内需的重要途径。我国资源能源利用效率低,环保欠账多,生态保护任务重,节能环保产业发展潜力和市场空间巨大。节能环保产业对经     

浅析节能服务公司在合同能源管理业务中的风险管控

在能源紧缺的今天,节能的理念已经深入人心,节能的方式有很多种,兴起于70年代发达国家的合同能源管理模式(Energy Management Constract,简称EMC模式)近年来在我国政府大力推进节能环保的大环境下蓬勃发展起来。     

爱普生 节能环保的先行者

"绿色奥运"在火热的八月之后,带给我们的蓝天白云让所有人都看到了"绿色环保"在我们生活中的重要性。爱普生作为全球最著名的打印方案提供商,一直在节能环保领域进行着不懈的努力。去年,它以55款产品入选政府采购绿色名单而名列前茅。这充分表明了爱普生不仅是一家专业打印机厂商,更是打印机行业中最关注节能环保的企业。爱普生(中国)有限公司副总经理林中庸在解释爱普生为何能获此荣耀时,用了一句话来概括,"因为在爱普生,节能环保的理念已经深入到企业的每个角落。"作为将节能环保写入企业经营理念的绿色企业,爱普生正以自己的实际行动不断诠释着这一理念的具体含义。     

East and west and north and south : A preliminary model

The Brandt report and other proposals for a new North-South world order continue to be the focus of lively debate, yet it is often argued that little concrete has emerged from their recommendations. A major reason for this, the author argues, is that the East-West conflict component is not sufficiently taken into consideration-East-West tensions are a severe constraint on and a determining factor of North-South relations. Using influence diagrams, the author develops a flexible framework for discussion and assessment of N/S-E/W relations.     

Amplification and asymmetry in crashes and frenzies

We often observe disproportionate reactions to tangible information in large stock price movements. Moreover these movements feature an asymmetry: the number of crashes is more than that of frenzies in the S&P 500 index. This paper offers an explanation for these two characteristics of large movements in which hedging (portfolio insurance) causes amplified price reactions to news and liquidity shocks as well as an asymmetry biased towards crashes. Risk aversion of traders is shown to be essential for the asymmetry of price movements. Also, we show that differential information can enhance both amplification and asymmetry delivered by hedging. This paper is based on part of my Ph.D. thesis submitted to the University of Minnesota. I am grateful to Andy McLennan and Jan Werner for their valuable advice and unwavering support. Also, I would like thank Mehmet Barlo, Michele Boldrin, Partha Chatterjee, Mehmet Ozhabes, Dimitrios Tsomocos and seminar participants at the University of Minnesota, the MEA and the MFA Meetings in St Louis for helpful comments. Comments on a previous draft by an anonymous referee greatly improved the presentation of this paper. Financial support from William W. Stout Fellowship is gratefully acknowledged.     

旅游企业与社区居民利益冲突及协调博弈研究

随着旅游业发展的深入,旅游企业与社区居民的利益冲突及协调问题成为影响旅游业发展的重点问题。从旅游企业和社区居民的单次博弈入手建立模型,并通过重复博弈模型分析,探索实现利益协调的路径。提出完善社区居民旅游开发参与机制和构建收益均衡分配机制,解决旅游企业与社区居民的利益协调问题。     

Noise trading and prime and score premiums

This paper documents that a common element drives the time-series variation of the premium pricing of Primes and Scores. I argue that this common element is noise trading. The noise trading model of Delong, Shleifer, Summers and Waldmann (1990) predicts that returns on assets that are predominantly traded by noise traders will be correlated, since the misperceptions of noise traders are cross-sectionally correlated. Consistent with the noise trading hypothesis, changes in the average premium of Primes and Scores, which are predominantly traded by individual investors, are correlated with both changes in average discounts of closed-end funds and small firms returns. These empirical facts provide additional evidence that noise traders can affect security prices.     

Debt and Taxes and Uncertainty

With a graduated personal tax schedule, Miller showed that there could be an equilibrium debt supply for the corporate sector as a whole. In the presence of uncertainty there is also a unique debt/equity ratio for each individual firm, and this ratio is related to the firm's operational risk characteristics. However, if firms merge and spin off in response to tax incentives, the identity of firms is ambiguous and only the corporate sector is a meaningful construct. These arguments are developed in both discrete and continuous models that employ extensions of the arbitrage-free pricing theory.     

美国“两房”危机分析及启示

文章分析了“两房”危机的形成过程,以及美国政府应对“两房”危机的救助措施。虽然美国金融海啸对国内上市银行的投资影响不大,但国内银行业对海外投资与交易的风险管理有待加强。面对全球市场动荡,文章从加强监管、完善政策调控、稳定房地产市场发展,以及提高金融机构风险管理能力等方面提出应对之策。     

Aggressive CEOs and bank mergers and acquisitions

The U.S. banking industry has seen waves of mergers since the 1980s. Despite a significant body of research on the determinants of these waves, there are few studies of how CEOs influence banks’ mergers and acquisitions (M&As). This paper studies the effect of CEO aggressiveness on bank M&As. We construct a new measure of bank CEO aggressiveness based on CEOs’ ancestral countries of origin and data on inter-country wars. We find that aggressive CEOs are more likely to acquire other banks. Moreover, the impact of CEO aggressiveness on bank M&A decisions is more pronounced when the CEOs are from larger and more profitable banks, when CEOs have a longer tenure, and when CEOs’ ancestral country of origin has a more masculine culture. Moreover, we show that aggressive CEOs are more likely to make acquisitions when CEOs possess more cultural maintenance, which captures the extent to which CEOs retain their original cultural values and beliefs. Finally, we document positive short-term stock market reactions to bank M&As initiated by aggressive CEOs.     

Stock and Bond Liquidity and its Effect on Prices and Financial Policies

An asset is liquid if it can be traded at the prevailing market price quickly and at low cost. We show that in addition to risk, liquidity affects asset prices and returns. Theories of asset pricing suggest that the expected return of an asset is increasing in its risk, because risk-averse investors require compensation for bearing more risk. Because investors are also averse to the costs of illiquidity and want to be compensated for bearing them, asset returns are increasing in illiquidity. Thus, asset prices should depend on two asset characteristics: risk and liquidity. This paper surveys research on the effects of liquidity on asset prices and returns, showing that liquidity is an important factor in capital asset pricing.     

Cloud-based client accounting and small and medium accounting practices: Adoption and impact

Cloud accounting represents a major disruptive technology for the accounting industry. This qualitative study used semi-structured interviews to collect data from eight small and medium accounting practices (SMPs) to test a preliminary model of the determinants and impact of cloud-based client accounting adoption by SMPs. Accordingly, the SMP was the unit of analysis. The complex triadic relationship between SMPs, their clients and cloud accounting provider necessitated an interorganisational perspective. Four factors contributed to SMPs’ adoption decisions: perceived benefits of cloud-based client accounting, perceived benefits of partner programs, organisational readiness (IT sophistication and client readiness), and external pressure (client and competitive pressures). Subsequent to adoption, SMPs experienced a decline in the levels of traditional (statutory) services provided. However, most noted increases in income from business advisory. All firms were at least as well off after adoption. Improvements in client relationships and the perceived value of accountants’ services were also noted. An adoption/impact typology predicted and found positive impacts for cloud initiators, in particular. The findings have implications for owners of SMPs, their SME clients, and for accounting professional bodies.