Modernizing Financial Regulation: The Relation Between Interbank Transactions and Supervisory Reform

Modernized financial firms are larger than traditional institutions, and they provide a broader range of services. Although the individual regulatory issues raised by modernization are not new, the pace and scope of these market changes may imply a qualitative change in the ability of governments to guarantee financial system stability. Private market discipline is more flexible, and the value of flexibility seems to have risen. In order to elicit private monitoring, however, governments must credibly eschew too-big-to-fail policies. Toward this end, national regulators should encourage ongoing efforts to implement secure interbank settlement systems.     

财政国库管理制度改革对政府财务行政改革的推动作用

当前我国行政管理体制改革和财政国库管理制度改革正在稳步地推进,按照十六届三中全会的精神,我国的改革已到了整体协调推进的新时期.而财政国库管理制度改革是为政府行政提供资金的一项制度保证,其本身就是政府的一项财务行政活动,因此,财政国库管理制度改革作为我国财政领域的一项重要的制度创新,必将对我国的政府财务行政改革产生深远的影响.     

金融危机后有关金融监管改革的理论综述

本文从九个角度综述了金融危机后全球主要金融监管当局关于金融监管改革的代表性文献,包括系统性风险与宏观审慎监管、顺周期性、资本充足率和杠杆率、期限转化和流动性、薪酬激励机制、金融安全网措施和对问题机构的处置机制、信用证券化和信用衍生品市场、信用评级机构、金融监管的理论基础等。本文旨在梳理金融监管改革的最新进展,力图提炼出有待深入研究的课题。     

Financial Policy in Practice: Benchmarking Financial Sector Strategies Around the World

Policy makers use financial sector strategies to formulate a holistic policy for the national financial system. This article examines and rates financial sector strategies around the world on how well they formulate development targets, arrangements for systemic risk management, and implementing plans. The strategies are also rated on whether they consider policy trade-offs between financial development and systemic risk management. The rated strategies are then benchmarked against a range of country characteristics. The analysis finds that the scope and quality of national strategies for the financial sector are systematically influenced by several country characteristics. Interestingly, policy trade-offs, particularly between financial development and systemic risk management, are not adequately considered in the strategies.     

金融改革：“转型”与“定型”的现状与未来

经济改革和经济转型是一个极其复杂的社会进程,在这个进程中,不断地改变与逐步的确立是两个紧密相联的方面。中国近30年的改革开放无疑属于转型的前期阶段,但目前确立的重要性已开始显现。为加快金融转型进而推进新型式的确立,金融改革需要进一步研究和深化的方面还有很多,本文提出了四个方面21个问题。当这些问题的改革有了实质性的推进之后,一个新的金融体系和运行机制便会建立起来,金融体制改革也将从转型为主导转变为以定型为主要内容的新阶段。     

《金融市场学》课程的教学改革探索

《金融市场学》是金融学专业的专业课,研究市场经济条件下金融市场运作机制及其各主体行为规律。教学中应突出讲授定价方法,把握＂价格＂核心,将金融市场学理论应用于中国市场实践,增加本土化的教学实例,把握理论教学是基础、核心,案例教学是表、协助的原则,引用案例要根据内容的需要有所选择和侧重。     

Financial Rating of European Technology Companies: An International Comparison

The purpose of this study is to investigate possibilities to uniform financial rating of technology companies in Europe from the perspective of a potential investor. The data consist of financial statements of 6,370 companies from seventeen European countries and the US in 1993–1996. The data from 1994–1996 are used to measure three–year success and the data from 1993 to predict this success. Success is measured by the principal factor of six performance measures. Country risk, percentage change in GDB, size, and eight financial ratios calculated for 1993 are used as predictors of success in the binary logistic analysis.     

欧洲主权债务危机的发展与应对之策

受近期希腊债务违约风险上升、欧债危机向核心国蔓延、欧洲银行业融资缺口扩大等负面因素冲击,欧洲金融市场遭遇大幅动荡。文章指出,在短期内,防止希腊债务违约是遏制欧债危机进一步蔓延、防范债务危机与银行危机并发的关键;长期而言,欧元及欧盟运作机制的改革将不可避免,完善退出机制将是欧元区长期稳定运作的基石。     

基本建设财务管理存在问题及对策

本文是在界定基本建设、基本建设财务管理的定义并阐述基本建设财务管理三大特点的基础上,阐释了当前我国基本建设财务管理现状及基本建设财务管理的六大问题,最后,提出相应的对策建议。     

Financial Accounting Reform in Flemish Universities: An Empirical Study of the Implementation

This paper presents an overview of the current accounting reform towards accrual accounting in Flemish universities. The focus is on the concept of the reformed accounting legislation and on the empirical outcomes of implementation based on an examination of annual accounts. An important issue is the unsuccessful mixing up of the traditional budgetary accounting system with the new financial accounting system. The empirical examination reveals a lot of accounting problems in the area of the reformed regulations as well as in the accounting practices and that the comparability of the annual reporting is not guaranteed even after years of experience.     

金融改革对收入不平等的影响研究——理论解释与实证分析

采集55个新兴市场国家的非平衡面板数据,使用动态门限面板模型实证结果表明,金融改革与收入不平等间存在明显的门限效应,当金融改革水平低于门限值时,金融改革会扩大收入差距;当金融改革水平越过门限值时,金融改革有利于收入差距的缩小.多数新兴市场国家金融改革对降低收入不平等已经发挥正向效应,为缩小新兴市场国家收入差距,必须进一步深化金融改革.     

金融开放与外汇管理制度改革

金融开放对我国外汇管理制度提出了新的要求。现行制度强调对市场的直接干预，势必降低金融开放的效率。应该从营建适合金融开放的制度环境入手改革现行管理制度，进一步放松经常项目限制并提高监督管效率，推进人民币资本项目兑换进程，并按照市场制度的要求建设外汇法规体系。     

中国经济改革与增长中的金融支持

中国的金融制度变迁也服从了渐进改革的“过渡性”逻辑 ,渐进战略较好地支持了中国 2 0年的经济增长。但是 ,由于“双轨”体制的固有矛盾 ,使中国的金融改革在今天聚集到了深层次的金融改革上 ,而这一问题的核心是多元化的金融产权关系。中国加入WTO成为中国金融深化改革的契机。摆在面前的来自外部世界的竞争 ,成为推进中国金融业“对内开放”的巨大的外部冲击     

Financial and Economic Management in Autonomized Dutch Public Organizations

Alongside with the introduction of New Public Management, many governmental organizations in the Netherlands were autonomized. The aim of this paper is to analyze the changes in financial and economic management that accompanied these autonomizations. Case research was carried out in six public organizations. The financial management of these organizations improved somewhat after the autonomization. However, there were hardly any real changes in the economic management. The paper gives an overview of the changes in financial and economic management. It also discusses what factors might have prevented the realization of the planned changes in the (financial and) economic management.     

在改革和发展中做好金融风险防范化解工作

防范化解金融风险,特别是防止发生系统性金融风险,是金融工作的根本任务和永恒主题,是事关国家安全、发展安全、人民财产安全的大事要事,是实现高质量发展必须跨越的重大关口。充分认识金融风险防控工作的重要性、艰巨性和永恒性,正确看待金融风险防控工作取得的成绩,准确判断当前金融风险防控形势,及时处理存在的问题,牢牢掌握风险防控工作主动权,在深化改革和发展中,把金融风险防控工作做得更好,坚决打好打赢金融风险防控攻坚战。     

财经类院校法学教学改革中需处理的几种关系

财经类院校法学教学改革应当妥善处理几种关系：即学校培养目标与学生个人发展的关系;处理好法学核心课程与非核心课程、其他学科之间的关系;倡导传统教学方法与新型教学方法相结合.只有这样,才能使教学改革更明确发展方向,符合教育发展的规律.     

Derivatives Usage and Financial Risk Management in Large and Small Economies: A Comparative Analysis

The objective of this paper is to expand and update previous New Zealand — based surveys in order to compare and contrast risk management practices of firms in the small, foreign trade-dependent economy of New Zealand to those of firms in the considerably larger, more developed US, UK, and German markets. This survey examines patterns of usage, reasons and objectives for derivatives use, and reporting and control procedures and finds that the practice of hedging with derivative instruments among New Zealand firms appears to be evolving as global markets become more integrated. We find that the percentage of firms involved in hedging, both large and small, has grown since the last New Zealand surveys, and that New Zealand firms have many of the same reasons and objectives for using derivatives as firms in the much larger American and European economies. We also find that the focus on control and reporting derivatives transactions in New Zealand is similar to that of firms in the other countries and appears to have strengthened since previous surveys.     

会计信息化促使科研单位财务管理的三大转变

在中国会计改革与开放30年之际,回顾科研单位会计信息化的发展历程,深入分析会计信息化建设给财务管理带来的变化,展望今后会计信息化建设,促进科研单位会计管理现代化。     

论现代财务管理在企业中的应用

加强现代财务管理的必要性的原因是:新型的企业财务制度的初步形成;企业规模的扩大;企业财务管理是对企业产权的管理。加强企业财务管理的建议:树立金融意识;全面提升财务管理的层次和水平;加强成本管理;加强资金管理;加强资产管理;加强利润管理;加强风险管理;大力培养高素质的财务人员。自主管理、经营性主动管理、参与企业经营管理、优化资本结构是现代财务管理的几个要点。     

知识经济时代财务管理的创新

当今社会,世界经济的步伐已步入了知识时代,传统工业经济时代的财务管理已受到严重冲击,许多内容已与时代不相容,企业只有及时进行财务管理方面的创新,才能在网络经济大潮中站稳脚跟.