全面掀起学习宣传贯彻十八大精神热潮

党的十八大胜利闭幕后,举国上下把学习宣传贯彻十八大精神当作当前头等大事,深入学习领会文件,积极部署宣传工作,以实际行动贯彻十八大精神。工商银行也分别召开了总行党委会和分行党委书记、行长会议,并印发了《关于认真学习宣传贯彻党的十八大精神的通知》,结合实际对学习贯彻十八大精神作出重要部署。全行党员干部要以高度的政治自觉,积极投身到学习宣传贯彻十八大精神的热潮中去,     

以实际行动落实十八大确定的目标任务——人民银行、银监会、保监会深入学习贯彻十八大精神

党的十八大胜利闭幕以来,金融系统迅速掀起学习贯彻十八大精神的热潮。其中中国人民银行、中国银监会、保监会等部门结合自身特点,通过各种形式,组织本系统及监管行业,围绕十八大报告中提出的金融业发展和改革目标,进行深入的学习贯彻活动。各部门要求全面准确把握十八大的理论观点、战略思想,切实做好系统内各项工作总结以及对明年工作的部署安排,把思想认识集中统一到十八大精神上来,为以实际行动落实十八大确定的目标任务贡献力量。     

各大金融机构深入开展系列活动 统一思想行动 贯彻落实十八大精神

党的十八大胜利闭幕后,金融业各大机构纷纷开展系列活动,深入学习贯彻十八大精神,要求切实把思想和行动统一到中央的决策部署上来。在十八大精神指引下,围绕新观点、新目标和新任务,各机构结合自身实际提出具体措施,以进一步深化金融改革,推动金融创新,做好各项工作。     

中国工商银行全面部署认真学习宣传贯彻党的十八大精神

中国共产党第十八次全国代表大会闭幕后，中国工商银行先后召开总行党委会议和分行党委书记、行长会议，传达学习党的十八大精神，并结合工商银行实际，研究贯彻落实措施。近日又专门下发了《关于认真学习宣传贯彻党的十八大精神的通知》（以下简称《通知》），要求全行深入学习宣传贯彻十八大精神。     

中国保监会党委举办学习贯彻党的十八大精神学习班

11月19日,中国保监会党委在京举办学习贯彻党的十八大精神学习班。保临会党委书记,主席项俊波在开班动员讲话中指岀,保监会系统要深刻学习领会党的十八大报告的基本观点和精神实质,紧密联系实践把学习贯彻十八大精神不断推向深入。当前,要紧紧围绕会党委中心工作,以学习贯彻十八大精神为动力,突岀工作重点,坚特不懈做好日常监管,尽早谋划明年工作,认真查找保险监管工作中存在的差距和不足,提高保险监管工作前瞻性和针对性,不断开创保险临管工作新局面。     

学习贯彻十八大精神

中国共产党第十八次全国代表大会胜利召开后,中国工商银行各级党组织在总行党委的安排部署下,迅速掀起了学习、贯彻十八大精神的热潮。本刊从2013年第一期起将开设"学习贯彻十八大精神"专栏,综合报道行内各部门、各分支机构学习、贯彻十八大精神的新成效和新进展。     

旗帜引领前进方向 发展凝聚奋进力量——工行北京市分行深入学习宣传贯彻党的十八大精神活动综述

根据党中央和总行党委要求,北京分行各级党组织把学习宣传贯彻党的十八大精神作为当前和今后一个时期的首要政治任务和宣传思想文化工作主线,迅速掀起了学习宣传贯彻党的十八大精神、推动分行新一轮改革发展的热潮,并不断把学习宣传贯彻活动引向深入。     

深入贯彻落实十八大精神 推动天津金融业又好又快发展

党的十七大以来,天津金融业在市委、市政府的正确领导下,深入贯彻落实科学发展观,以加快推进滨海新区开发开放为首要任务,全面加快金融改革创新,在服务经济社会发展中发挥了积极作用。党的十八大对金融改革发展提出了新的要求,为天津金融业科学发展指明了方向,增添了动力。学习好、贯彻好、落实好十八大精神,要求我们切实把十八大提出的新思想、新观点、新论断自觉运用到人民银行工作的全过程和工作     

学爿贯彻十八大精神 努力建设廉洁财政

学习宣传贯彻党的十八大精神,是全党全国当前和今后一个时期的首要政治任务。十八大精神内容丰富,有许多新思想、新理论;有许多新部署,新要求。原原本本学习党的十八大报告、党章,学习习近平总书记在十八届一中全会上的重要讲话,学习《中共中央纪律检查委员会向党的第十八次全国代表大会的工作报告》,要学好、     

人行西宁中支认真学习宣传贯彻“十八大”会议精神

中国共产党第十八次全国代表大会于11月8日至14日在北京召开。为深入学习、宣传、贯彻十八大会议精神,人行西宁中心支行党委周密安排,精心部署,组织开展了“十八大”精神学习宣传贯彻系列活动。     

THE EFFECT OF THE IMPLEMENTATION OF THE MULTIDIVISIONAL STRUCTURE ON SHAREHOLDER'S WEALTH: THE CONTINGENCY OF DIVERSIFICATION STRATEGY

This paper presents evidence on the price effect of US firms announcing the implementation of a multidivisional management structure (M-form) and whether these effects are contingent on the existing diversification strategy (either unrelated, related, or vertical integration). Differnt patterns of excess returns and systematic risk (beta) changes are associated with different diversification strategies.     

THE EFFECTS OF BORROWING ON THE RATE OF GROWTH OF CAPITAL AND THE RISK OF RUIN OF A FIRM

The research reported in this paper used Monte Carlo simulation to study the long term effects of borrowing policy on the rate of growth of capital and the risk (probability) of ruin of hypothetical firms, operating in explicitly described, realistic capital budgeting environments. The capital rationing environment is described explicitly. The debt policies modeled were based on the results of interviews with senior financial executives in eight major firms. The results indicate that three intuitively appealing ranking procedures performed equally well and all out-performed a random selection decision procedure: yielding higher rates of capital growth with lower risks of ruin. In general, an aggressive borrowing policy resulted in a higher average capital growth rate for a firm but a conservative borrowing policy resulted in a lower risk of ruin. It is believed that the results provide some interesting insights which indicate that a computer simulation model could be used to aid management in the evaluation of their capital budgeting procedures and borrowing policies.     

THE IMPACT OF THE QUALITY OF EARNINGS ON THE VALUATION RELEVANCE OF CASH FLOW DISCLOSURES

This study investigates whether the ‘quality of earnings’, defined as the relationship between profitability and cash generating ability, is a conditioning factor with regard to the valuation relevance of cash flow disclosures. The study is performed on a sample of 197 British firms employing data over a 23-year period. The results of the study support the contention that the valuation relevance of cash flow disclosures is conditional upon the ‘quality of earnings’, as previously defined. Specifically, the decomposition of unexpected earnings into its cash flow and accruals components provides incremental information content to earnings when the firm-specific time-series correlation between earnings and cash flows is low. Furthermore, the cash flow ‘surprise’ is valued more than the accruals ‘surprise’ when the firm-specific time-series correlation between earnings and cash flows is low.     

THE INTEGRATION OF EUROPEAN STOCK MARKETS: THE CASE OF THE BANKS

This paper presents an analysis of the degree of integration in the security market for European banks' stock using daily data for the period 30th November, 1987-28th October, 1988. In particular we study eight banks located in four European states, Germany, the Netherlands, Switzerland and the United Kingdom. Some degree of integration might be expected to be present as a consequence of a common regulatory regime incorporated in the Second European Banking Directive and common capital adequacy requirements. We find strong evidence that a high degree of integration does exist, at least amongst EC states. This suggests that the benefits claimed for capital market deregulation, with its associated 'convergence criteria' requirements, may already be being enjoyed by EC states.