证券经纪人制度建设的法律思考

本文通过对证券经纪人的法律地位、法律特征等方面的分析给出了在我国建设证券经纪人制度的基本原则和现实意义.     

基于时区法的ERP系统主生产计划算例的编制

本文从时区法的角度详细阐述了ERP中主生产计划(MPS)编制的基本思想、算法和流程,以无锡某自行车生产企业2008年的销售预测数据为实例对MPS的编制流程进行了验证,并通过粗能力计划(RCCP)对MPS进行生产平衡,有效的的完成了ERP中主生产计划的编制。     

企业家成长过程的演化博弈分析

企业家在一国经济发展中起着举足轻重的作用,影响企业家成长过程的因素很多,但在我国由计划经济向市场经济转型的特殊时期,其制度环境(政治、经济和文化等)对企业家成长的影响尤为突出。企业家的成长是一个历史过程,随着市场经济的出现而逐渐演化而成,因此从演化的角度能够更清晰地分析企业家的成长。本文通过模型分析得出:企业家在一个环境中活动所获得的收益和付出的成本将很大程度上影响企业家的成长,安徽模式在短期内难以向江浙模式演变。     

Network Marketing Businesses and Chinese Ethnicity Immigrants in Australia

This study adopts two theoretical perspectives, Social Cognitive Theory and Theory of Planned Behavior, to examine a model of network marketing business participation by Chinese immigrants in Australia. A structural equations modeling analysis showed that the social environment within a network marketing organization positively influences the self‐efficacy of Chinese network marketers and their desire to seek opportunities. These factors positively influence the actions undertaken by network marketers, and subsequently, impact positively on their performance outcome.     

世界贸易组织发表2006年全球贸易报告

去年七月世贸组织发表了2006年全球贸易报告（以下简称“报告”），总结了去年全球的贸易发展状况，并对贸易补贴问题加以特别的关注。此外，在其他贸易问题上该报告也引用了相关论文予以论述，这些贸易问题包括：纺织品和服装贸易趋势、国际金融资金的流动、最不发达国家的贸易趋势以及自然灾害和恐怖活动对贸易的影响等等。     

世贸组织的贸易促进措施

<正> 西雅图会议虽然以没有达成最终谈判结果而告终,但在发展贸易等问题上大部分成员还是基本上达成共识。今年以来,该项被世贸组织定为贸易促进(Trade Facililalion)的措施引起了许多国家和地区的响应。本文谈及的是联合国贸发会议和许多世贸组织的成员在2000年下半年就该贸易促进措施的落实情况提交给世贸组织的报告,贸发会议和许多世贸组织的成员在他们的报告中陈述了已经采取的一些帮助其他国家和其本身的贸易促进措施,限于篇幅的原因本文只节选了其中一些重要的部分。     

Why Greater Cash Holdings and Short-Term Debt Simultaneously Persist? The Case of Transition Economy

This study observes and explores a puzzle in Chinese firms whereby both cash holdings and short-term debt simultaneously account for more than 20% of total assets for at least two consecutive years over the sample period. This phenomenon conflicts with the principle of corporate value maximization, and is not clearly explained by the classical theories in corporate finance. Based on the implications in the extant literature and discussions of institutional constraints of the transition economy in China, this paper develops four hypotheses that are involved with agency conflicts between the largest shareholders and creditors and the formation of this puzzling financial structure. The empirical analyses suggest that the largest shareholders with tunneling motives seek to hold more cash to serve their private interests and/or the consequent operational deficit of the listed corporations. To the ends, these corporations tend to manage the timing of short term debt financing to increase cash reserves temporarily at the end of year. Essentially, greater cash holdings on the balance sheet of these corporations related with the puzzle become a misleading signal for potential creditors, possibly contributing to the refinancing of short-term debt of these listed firms for the following year. Hence, the puzzling financial structure is connected with the timing of debt financing and adverse selection of creditors. This study enriches the stream of literature on cash holdings and debt maturity, and provides new evidence on the impact of agency problems of the largest shareholders on the association between cash holdings and debt maturity in the context of a transition economy.     

How Environmental Management Competitive Pressure Affects a Focal Firm's Environmental Innovation Activities: A Green Supply Chain Perspective

Recently, environmental management offers firms a source of competitive advantage in the marketplace. The development of environmental innovations is critical to the success of today's firms. Drawing on the Schumpeterian perspective of competition, this research examines how the perception of rival firms' green success influences a firm to pursue and produce environmental innovation through its green supply chain integration activities. Using survey data from 230 firms, a conceptual model is developed and tested using structural equation modeling. We find that the firms in our sample do perceive pressure from their competitors' success in environmental management activities, and thus take supply chain action to pursue integration activities. By differentiating incremental and radical environmental innovation, this study also reveals the role of three dimensions of green supply chain integration (internal, supplier, and customer integration of green product development) on incremental and radical environmental innovation separately. Specifically, findings suggest that green supply chain integration has a positive impact on developing incremental environmental innovation, while only customer integration has a significant positive impact on developing radical environmental innovation.     

国防经济的地区性和外部性——中国的国防经济如何与经济建设协调发展

在当今国际关系复杂多变的背景下,即使各国间的博弈逐渐变得缓和,也改变不了国防经济在各国至关重要的作用。而对于世界上发展程度不同的国家,国防经济的发展程度也会不同,且不同的国防经济发展也对经济发展带来了不同的外部影响。本文是在综合了时代特征的情况下,探讨不同国家的不同程度的国防经济建设所揭示的地区性和所带来的外部性影响。