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Regina M. Lizares Carlos C. Bautista 《Journal of International Financial Management & Accounting》2021,32(1):5-20
Occurrences of financial distress (FD) are not readily obvious yet can span several periods. This paper examines episodes of FD using industry‐relative (IR) firm‐/ accounting‐, market‐ and macro‐level information. Mixed logit regressions reveal that firm‐ and market‐based measures, as well as macro‐level variables explain the likelihood of FD in 263 publicly listed non‐banking firms in the Philippines during the period 1995 to 2018. Rates of identification of firms in financial distressed states of close to 69 percent are obtained at a cutoff probability of 0.30 in the model with time‐varying intercept and slope. This study shows the importance of recognizing heterogeneous firm behavior. The ability to more accurately predict the probability of FD and to determine the financial health of firms can help financial institutions in allocating funds and policy makers in predicting crises episodes. 相似文献
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《Enterprise Information Systems》2013,7(4):421-441
This study examines the contextual factors of the external business environment, organization, information systems, and enterprise system software as they affect integration of enterprise resource planning (ERP) systems after a merger or acquisition in the oil and gas industry. A multiple case study method using primary and secondary data revealed: ERPs are operational necessities rather than strategic differentiators; best practice adoption is a viable alternative that supports successful integration of cultures and knowledge from two experienced organizations; schedules are extended when best practices from both companies are consolidated into a single instance; consolidation facilitates Sarbanes-Oxley compliance and lowers the cost of ownership; imposing acquirer systems on targets facilitates timely decision-making and shorter schedules. 相似文献
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以上海为例总结了城市轨道交通投融资体制的发展模式和演进历程,基于“委托—代理”理论建立了轨道交通投融资体制模型,利用模型分析了上海轨道交通投融资体制的演进历程,阐明了轨道交通投融资体制的演进机理和发展方向. 相似文献
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This paper extends the oligopolistic model of price competition to environments with multiple goods, heterogeneous consumers, and arbitrary continuous cost functions. A Nash equilibrium in mixed strategies with an endogenous sharing rule is proven to exist. It is also shown that, in environments with fixed costs and constant marginal costs, all (symmetric and asymmetric) equilibria exhibit price dispersion across stores. Furthermore, the paper identifies scenarios in which prices will necessarily be random. In these markets, stores keep each other guessing because, given the fixed costs, they would incur a loss if their price strategies were anticipated and beaten by competitors. This is interpreted as an important economic feature that is possibly behind random price promotions such as weekly specials. 相似文献
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This study develops a mixed behavioural equilibrium model with explicit consideration of mode choice (MBE-MC) in a transportation system where fully automated vehicles (AV) coexist with conventional human-driven vehicles (HV). For the mode choice, travellers select among three options, following a logit modal split: driving their private HV, or taking an AV mobility service provided by either a firm or the government. For the route choice, the HV drivers follow the random utility maximisation principle while central agents route the AV passengers following the Cournot Nash (firm agent) or Social Optimal (government agent) principles. We consider two types of travel costs (i.e. travel time and monetary travel cost) to characterise the new features (e.g. expanded link capacity and reduced value of time) of the mixed AV–HV transportation system. We model the MBE-MC problem in a combined mode–route choice framework and formulate it as a route-based variational inequality (VI) problem. We show the equivalence between the VI formulation and the MBE-MC problem, and the existence of a solution to the MBE-MC problem. Then, we modify a partial linearisation algorithm for solving the proposed model. Numerical results validate the equilibrium conditions and show the efficacy of the new model in capturing the features of the mixed AV–HV transportation system. The impact patterns of different parameters on (1) the network performance in terms of AV share and system cost and (2) on the solution efficiency are analysed. 相似文献
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北京城市轨道交通现状及快速发展动因分析 总被引:3,自引:0,他引:3
改革开放以来,北京城市公共交通尤其是城市轨道交通基础设施和运营管理得到了较快发展,占城市通勤出行的比重越来越高,有效缓解了北京城市化和工业化进程中的城市交通拥堵问题,促进了经济社会和谐发展.文章在总结北京城市轨道交通取得巨大成就基础上,分析了北京城市轨道交通快速发展的动力机制,认为经济发展、科学规划、"奥运效应"、制度创新是提升北京城市轨道交通的最主要的四大推动因素. 相似文献
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Chun Hui Kenneth S. Law Nancy Yi Feng Chen Dean Tjosvold 《Asia Pacific Journal of Human Resources》2008,46(2):133-152
This study examines antecedents and outcomes of leader—member exchange (LMX) in China by relating the theory of co‐operation and competition and the research on organizational citizenship behavior (OCB) to LMX. One hundred and seventy supervisor—subordinate dyads in a watch‐case manufacturing factory in southern China were studied. Co‐operation and competition and LMX were assessed by subordinates, and OCB by their immediate supervisors. Structural equation modeling analyses indicated that co‐operation and competition predicted LMX, which in turn predicted OCB. These results were interpreted as further suggesting that a quality relationship between leader and follower is important and that the theory of co‐operation and competition can guide building this relationship. 相似文献
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方行明;许辰迪;杨继瑞 《经济体制改革》2022,(2):73-78
成渝两市在合作与发展的同时,也出现了同质化竞争的倾向,表现出产业趋同化特征。市场机制具有导向同质化竞争的倾向,因而同质化竞争是市场经济发展的常态现象。鉴于此,成渝两市应在市场经济环境下理性处理竞争与合作的关系;充分发挥市场机制的作用,让资源和要素在成渝两市之间自由流动;推进同质化中的差异化,促使产业结构同中有异;推动两市的自主创新,发展各自的核心技术,通过核心技术带动对各自产业发展进行定位,以规避产业趋同中的恶性竞争。 相似文献
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企业并购的合作竞争分析 总被引:1,自引:0,他引:1
企业并购是一项复杂且风险较大的业务,它是一个动态的企业合作竞争过程。当今企业竞争的特点是追求“双赢”,合作竞争已经成为企业发展战略的大趋势。本文对企业并购合作竞争进行了分析,同时指出了企业并购是一种动态合作竞争。 相似文献
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疫情下的世界经济复苏困难重重,民粹主义、反全球化逆流泛起,党中央此时提出的国内国际双循环决策具有重大的战略与历史意义。如何应对新挑战,需要搭建一个怎样的框架才能打通双循环?特别是在数字化大潮下如何作为?本文认为,应当在畅通要素循环的“一线”,聚焦高科技与高质量消费“两大制高点”的框架下,依托数字化大潮催生新发展动能、深化改革、扩大开放、推动共建共治共享,使数字经济沿着数据的藤蔓延伸至双循环的每一个节点,助力技术替代,攻克“卡脖子”的堵点,满足人民群众高质量消费需求,为新发展格局下的中国经济发展奠定坚实基础。 相似文献
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本文在全面分析铁路行包运输特点的基础上,提出了基于客运专线的三种可行的行包服务模式,通过深入分析其各自优缺点,整合出较适应我国客运专线行包运输的服务模式。最后对行包运输中的大件行包运输方式及其市场运营模式进行了探讨。 相似文献
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《Economic Systems》2023,47(1):101002
The paper analyzes under what circumstances policymakers experiment with policies with uncertain outcomes, when they prefer to imitate policies initiated in other countries, and when they prefer to coordinate policies internationally. Policymakers have private costs of active policies and compete internationally in a yardstick competition which gives rise to a potential distortion between what citizens want and what policymakers do. I find that policymakers’ policies as well as regime choice deviate from what citizens want but that an increase in uncertainty about policy outcomes decreases this distortion. 相似文献
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民航院校飞机机电维修专业机上实操任务工作单的设计和使用探索 总被引:1,自引:0,他引:1
本文以我院为例,阐述了民航院校飞机机电专业采用行动导向教学过程中,有许多实操任务需要在真实飞机上实施,但由于原版的机上操作说明都是英文编制,而高职层次的很多学生的英语水平无法满足要求,同时机上设备很昂贵,因此需要为此类课程专门编制机上实操任务工作单来满足教学需求。 相似文献
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为了进一步研究职业技能大赛对物流专业建设的促进作用,在职业技能大赛对近几年进行实践和总结的基础上,提出物流专业群内涵建设的新思路,提升人才培养质量。 相似文献
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《Socio》2023
Public transport operators in rural areas have been under pressure from weak profitability and emission issues. At the same time, scattered demand for transport has been preventing logistics systems from reaching the last mile in residential areas. Multimodal transport can synergistically integrate passenger and freight demand, increase transportation network coverage, and reduce the cost of transportation, while demand-driven services improve the flexibility and reliability of operational decisions. Therefore, this paper proposes a demand-driven passenger-and-freight-integration service (DDPFIS) mode. From the perspective of routing decisions, a new mixed-integer linear programming model based on the green vehicle routing problem is formulated to assist public transport operator’s complex decision-making. In the proposed model, vehicle capacity is fully utilized through a combination of passenger and freight demand so that optimal decisions are made about vehicle routing. Numerical experiments are designed and conducted based on realistic instances with the results indicating that: the DDPFIS mode enables effective integration of different demands, leading to high-level vehicle capacity utilization and cost reduction; and compared with two conventional models of vehicle routing problems, the proposed model achieves lower fuel consumption and cost for all problem sizes. In addition, some important management insights are provided, e.g., a greater proportion of integrated service nodes is not necessarily better; and it is more suitable to provide a service for rural residents who are relatively insensitive to time. 相似文献
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《Spatial Economic Analysis》2013,8(1):71-91
Abstract A combined travel model incorporating spatial correlation is derived from the optimality conditions of a multi-objective optimization framework, in which the trip generation and distribution steps are expressed as hierarchical logit functions. Different forms of spatial correlation are shown to be easily accommodated in combined models using hierarchical logit structures. An extension incorporates spatial correlation into combined models enabling analyses of the impacts of urban development policies on transportation systems as well as the effects of transportation projects on trip generation. A principal finding is that integration of spatial correlation into travel models significantly improves their explanatory power and forecasting abilities; indeed, its exclusion may lead to biased parameter estimates. RÉSUMÉ Un modèle sur des déplacements mixtes, comprenant une corrélation spatiale, est dérivé des conditions d'optimalité d'un cadre d'optimisation multi-objectifs, dans lesquelles la production du voyage et les mesures de distribution sont exprimées sous forme de fonctions logit hiérarchiques. On démontre que différentes formes de corrélation spatiales sont facilement incorporées dans des modèles mixtes, en permettant l'exécution d'analyses des impacts de politiques de développement urbain sur les systèmes de transport, ainsi que les effets de projets de transport sur la génération d'un déplacement. Une des principales conclusions est que l'intégration d'une corrélation spatiale dans des modèles de déplacement renforce de façon significative leur pouvoir explicatif et leurs capacités de prévision, et son exclusion peut même porter à des estimations paramétriques faussées. EXTRACTO Un modelo combinado de viajes que incorpora correlación espacial se deriva de las condiciones de optimalidad de un marco de optimización de objetivos múltiples, en el que los pasos de generación y distribución de viajes se expresan como funciones logit jerárquicas. Se muestra que diferentes formas de correlación espacial son fácilmente acomodadas en modelos combinados utilizando estructuras logit jerárquicas. Una extensión incorpora correlación espacial en modelos combinados, permitiendo el análisis del impacto de las políticas de desarrollo urbano sobre los sistemas de transporte, así como de los efectos de los proyectos de transporte sobre la generación de viajes. Un hallazgo importante es que la integración de correlación espacial en modelos de viaje mejora significativamente su poder explicativo y habilidades de pronóstico; de hecho, su exclusión podría producir estimaciones parciales de parámetros. 摘要: 本文从多目标优化系统的最优化条件中得到了一种包含空间相关性的复合旅行交通模型, 其中旅行线路生成和行程规划作为分层logit函数。使用分层logit结构 ' 复 合模型可以轻松提供不同形式的空间相关性 。将复合模型进行拓展 ' 融入空间相 关性后 ' 分析城市发展政策对交通系统的影响以及交通工程对旅行线路的效果成为可能 。一个基本结论是 ' 将空间相关性纳入旅行交通模型能够大大提高模型的解释功能和预测能力 ; 的确 ' 不考虑空间相关性可能会造成参数估计偏差 。 相似文献
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Amy Lai Yu Wong 《International Journal of Human Resource Management》2013,24(11):2147-2160
Bortner's Type A Behaviour Questionnaires were used to explore the work behaviour of Chinese managers and entrepreneurs in Taiwan and to investigate how that behaviour was influenced by occupation, age and gender. One hundred and seventeen subjects participated in the study, of which 45 were also interviewed. The mean score on the questionnaire was 74.68, the median (74) and the mode (76) within a scoring range of 0–140. Eighty-four subjects registered scores of 80 or less (Type B behaviour) and 33 came within the mid-range of 81–120. None of the subjects registered scores of 121–40 (Type A behaviour). The highest score of 113 was registered by a female bank vice-president and the lowest (47) by a male manager working in a charitable organization and about to retire. The results are discussed within the context of Chinese cultural traditional and parenting practices, the unique characteristics of Taiwan's recent history and the subjects' career experience. 相似文献
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Rune Bysted 《Public Management Review》2013,15(5):698-717
AbstractInnovation is argued to be of key importance in the public sector. Little is known about possible sector differences in innovative behaviour. The stereotype in literature is that public employees are less innovative. We analyse whether sector is associated with innovative behaviour and the influence of job/organizational characteristics. We test this by using a three-country representative survey in Scandinavia with 8,310 respondents. We control for subsectors/industries and job functions. We do not find that public employees are less innovative. Furthermore, the study emphasizes the importance of understanding the major differences in innovative behaviour between different subsectors/industries and job types. 相似文献