Making Money On-Line in China

Ayear-and-a-half ago,Beijing-based Internet portal NetEaselooked destined for the dotcomgraveyard.Dependent on pallid advertisingrevenues,it was shunned by once-eagerinvestors.In August 2001 the Nasdaq-listedcompany's stock price dropped to 53 U.S.cents,more than 96％ below its initial offerlevel of＄15.50.Worse,a group of investorshad filed a class-action lawsuit againstNetEase after it emerged that the companyhad misreported revenues.NetEase'sinvestigation caused it to miss Nasdaq     

Hot Money, National Risk?

After the phasal cease of the financial crisis, from the latter half of 2009 and on, the international hot money has been trying to make a comeback and has once again viewed China as its ohieet.Many have chosen Hong Kong as the path into China.In the third quarter of 2009, the hot money which uses Hong Kong as its gateway to flow into mainland China has forced the Hong Kong Monetary Authority to inject capital into the market.     

Hot Money, National Risk？

After the phasal cease of the financial crisis, from the latter half of 2009 and on, the international hot money has been trying to make a comeback and has .once again viewed China as its object. Many have chosen Hong Kong as the path into China. In the third quarter of 2009, the hot money which uses Hong Kong as its gateway to flow into mainland China has forced the Hong Kong Monetary Authority to inject capital into the market.     

Electronic Money Collectors

As many kinds of shops boostedin China in 1995,domestic andoverseas manufacturers anddistributors of all kinds of moneycollectors witnessed a good marketin China.In 1995,the sales volumeof money collectors was 30,000,anannual growth rate of 30 percent.The money collectors that canmanage money and key commoditymanagement account for two fifthsof total sales volume,the moneycollectors that can manage moneyand single commodity managementwith multifunctions andtelecommunication capacity of ECRPOS and the POS of PC-BASErespectively,for one third.     

Accommodating the Needs of iConsumers: Making Sure They Get Their Money’s Worth of Digital Entertainment

The current methods of distributing music and film on the mass-market, either off-line or on-line, raise two types of consumer protection issues. First, consumers are not always in a position to know what they can and cannot do with their digital hardware and content. A lack of proper information and the ensuing failure of the products to meet the consumer’s expectations inevitably leads to discontent. In addition, as weaker party in the transaction, consumers have often no other choice but to accept or refuse the restrictive terms of use, even if these could be regarded as unfair. This paper examines whether European law is amenable to accommodate the iConsumer’s needs, and if so, in what form.

Helicopter Money: Should Central Banks Rain Money from the Sky?

Ultra-low interest rates have become an endemic and potentially problematic characteristic of the global economy. Central banks in the euro area, the United States, Japan and Australia have bet on lowering interest rates to increase inflation, but despite their efforts, core inflation remains stubbornly below the desired two per cent. However, central banks have another tool at their disposal that has the potential to stimulate inflation: helicopter money.     

Making People Happy

比利时出名的东西和欧洲其他国家略有不同,那就是它总以儿童喜爱的事物闻名。比如丁丁先生、比如巧克力。可你不能说半个比利时国皆是激进的冒险家,只能说他们都长了副甜牙齿。那些从上世纪就开始存活并将自己的巧克力制品搬进各国进口超市、机场免税店的比利时巧克力生产商们认为这种商业优势来自于天性。我们专访了比利时皇室御用巧克力品牌诺好事(Neuhaus)总经理JosLinkens,他认为做巧克力和做比利时人的原则都是"making people happy"。     

Steps to Help You Save Money

You have a nice salary, but you still feel short of money. At the end of each month, you often ask yourself, ＂Where has all my money gone＂？ To help you better manage your salary, here comes some money saving tips. Following them your daily expense will be cut off easily, but still keep the quality of your life.     

"Ancient Money" Sesame Oil

The Beijing Sesame Oil Factory, the biggest of its kind in China, has imported a complete advanced sesame oil production line from Japan and controls its entire production process with modern management. Its product, the "Ancient Money" sesame oil, is of superior quality     

Money！飕飕地驶向何方

全球资本市场——美国道琼斯指数、日经指数、中国香港的恒生指数、英国金融时报的指数,以及纳斯达克与纽约证券交易所的最新数字都显示了资本市场在空间上的一体化。所有经济活动都在加速。     

6万亿，New Money!

在本期杂志中，你会读到一只特立独行的旅行箱的中国“游记”。这是一只产自德国叫RIMOWA的旅行箱。作为旅行箱，RIMOWA在选材、设计、店面陈列等环节上透着执着到近乎古怪的脾气。2007年，RIMOWA中国区总代理郭光硕惊喜地发现，居然已经有中国人愿意花上万元购买这只“古怪”的旅行箱。虽说此前正是郭光硕不厌其烦地花了三年时间到德国申请代理权，将RIMOWA品牌引入中国，但2007年那会，他预没的目标客户是：在中国生活的外国人。     

White House： China not Manipulating Money

The Bush administration determined that China was not manipulating its currency to gain economic advantages but still pressed Chinese to move more quickly to allow the yuan＇s value to be set by market forces.     

Making computers “people-literate”

Before too long, operating your computer may be as simple as giving it a handwritten note or speaking out loud what you want it to do     

Money is Power: Monetary Intelligence—Love of Money and Temptation of Materialism Among Czech University Students

In this study, we develop a theoretical model of monetary intelligence (MI), explore the extent to which individuals’ meaning of money is related to the pursuit of materialistic purposes, and test our model using the whole sample and across college major and gender. We select the 15-item love of money (LOM) construct—Factors Good, Evil (Affective), Budget (Behavioral), Achievement, and Power (Cognitive)—from the Money Ethic Scale and Factors Success and Centrality and two indicators—from the Materialism Scale. Based on our data collected from 330 university students in Czech Republic, we provide the following findings. First, our formative models are superior to our reflective models. Second, for the reflective model, money represents Power, Good, Achievement, and not Evil, in the context of materialism. Our formative model suggests that those who pursuit materialism cherish Achievement (vanity) but Budget their money poorly. Third, multi-group analyses illustrate that humanities students (62.4 % female) consider money as Evil and Budget their money poorly, while those in natural sciences (37.6 % female) do not. Further, men are obsessed with Achievement, whereas women do not Budget their money properly, suggesting reflective temptation for males and impulsive temptation for females. Our novel discoveries shed new lights on the relationships between LOM and materialism and offer practical implications to the field of consumer behavior and business ethics.     

Donate Money,but Whose? An Empirical Study of Ultimate Control Rights,Agency Problems,and Corporate Philanthropy in China

Using empirical evidence gathered from Chinese listed companies, this article explores the relationship between micro-governance mechanisms and corporate philanthropy from a corporate governance perspective. In China’s emerging market, ultimate controlling shareholders of state-owned enterprises (SOEs) are reluctant to donate their assets or resources to charitable organizations; in private enterprises (PEs) marked by more deviation in voting and cash flow rights, such donations tend to be more likely. However, the ultimate controllers in PEs refuse to donate assets or resources they control or own, which implies that corporate philanthropy by PEs comes at the cost of others, through assets or resources owned by minority shareholders. Even after devastating natural disasters such as the 2008 Wenchuan Earthquake, the controlling shareholders continue to express reluctance to donate any assets they control. Despite widespread evidence that corporate philanthropy boosts corporate growth and profitability, these ultimate controllers indicate no intention to donate their own money as a means to improve corporate performance.     

Making Big Strides in the Middle East

China produced and sold approxi- mately 7.05 million vehicles in 2006,a number that makes it seem that Chinese auto manufacturers have never been worried about how to sell such a large number of autos.While completely satisfying the domestic market,most Chinese automakers such as Chery,Geely and Hafei,have also extended their sales networks to other developing countries.The Middle East     

Making codes of ethics ‘real’

This article outlines a training activity that can enable both business and governmental professionals to translate the principles in a code of ethics to a specific list of company-related behaviors ranging from highly ethical to highly unethical. It also explores how this list can become a concrete model to follow in making ethical decisions. The article begins with a discussion as to what will improve ethical decision making in business and government. This leads us to explore the factors that can most easily lead to improvement, namely a comprehensive code of conduct and employee training. From there we look at the Critical Incident Technique as a training strategy that has the potential for identifying those behaviors that distinguish really outstanding behaviors from those that go by the book, and can be used to encourage more independent thinking and to set expectations for future decisions. If employees are given the skills and examples that will enable them to make better decisions, they can apply them to any situation.Peter Dean has 20 years experience in business and academic arenas designing, implementing and evaluating programs in communication skills, leadership, team building, interpersonal ethics, decision making, train-the-trainer and organizational change. Peter conducts courses on applied ethics at Penn State University.     

吉莫曼：让“Money”遇上“Idea”

企业具有创新的“人”是重要的，要帮助这些人将好的想法实现商业化。帮助“有钱人”和“有想法的人”相结合。     

Money,Inflation and Output in Nigeria and South Africa: Could Friedman and Schwartz Be Right?

ABSTRACT

This study examines the non-linear relationship between money, inflation and output with respect to the Friedman and Schwartz hypotheses that monetary policy affects prices in the long-run but not in the short-run, and influences output in the short-run but not in the long-run. The study examines the case of Nigeria and South Africa for the period 1970–2016 using the ARDL approach. The study proved that Friedman and Schwartz were right that money growth influences output in the short-run and not in the long-run. This suggests monetary policy is neutral in the long-run; however, the findings of this study cast some doubts on their popular view that money growth affect prices in the long-run but not in the short-run. This study shows that money growth actually affects prices both in the short and long-run. Thus, it is only the long-run dimension of the second hypothesis that is valid; the short-run view of the hypothesis is invalid for both Nigeria and South Africa. In fact, the significant estimates of money growth on inflation in both countries prove that inflation is everywhere a monetary phenomenon (both in the short and long run).