台湾南部媒体青岛行

历经近30年的努力,海峡两岸海运直航、空运直航、直接通邮三项协议于2008年12月15日正式实施。此后,无论是经贸交流还是文化交流,两岸同胞的感情直线升温。青岛作为两岸直航城市之一,与台湾的往来更加频繁,双方的合作机会也日益增多。虽然两岸的交流不断密切,但是对大多数百姓而言,更多的是通过传媒来了解对方、评价对方,因此,媒体在两岸交流过程中的角色非常关键。     

试论家族式经营与企业成长

一、家族企业的定义和基本情况对于家族企业,有着多种不同的定义。广义上的家族企业是指由家族成员所拥有的企业,强调的是所有权;狭义上则指企业不仅为家族成员所拥有,并且为其所控制,强调的是家族对企业拥有所有权和经营权。按照家族企业与非家族企业在所有权与经营权的关系、     

公文流转中文件安全传输的技术实现

为进一步提高办公效率,实现中央银行与银行业金融机构之间公文高效、安全传递,本文简要介绍了金融机构间公文传输中所涉及的安全技术：PKI（公钥设施基础）基本概念、基本组成、基本运行模式以及RSA算法,并设计了金融专网间公文安全的传输技术方案。     

垂直文学网站商业模式研究

垂直文学网站一直在不断地探索自己的商业模式。本文首先解释了什么是商业模式,然后介绍了垂直文学网站的发展现状,最后对垂直文学网站的商业模式做了系统深入的分析。     

宏观经济因素对银行体系脆弱性影响的实证分析

本文运用实证分析方法研究宏观经济因素对我国银行体系脆弱性的影响.Logit回归分析结果表明,经济发展水平对银行体系脆弱性具有显著负向影响,但影响程度较小;货币供给因素、投资因素及资本市场规模对银行体系脆弱性具有正向影响,其影响程度较大.脉冲响应分析结果表明,经济发展水平、货币供给对银行体系脆弱性具有负向冲击效应,投资因素对银行体系脆弱性具有正向冲击效应.研究结果可为建立健全银行体系与宏观经济的协调发展机制提供参考依据.     

我国不同区域中小上市公司成长性研究

在探讨企业成长与区域环境间关系的基础上,借鉴仿生学理论构建中小上市公司成长性评价指标体系,选取中小企业板、创业板及沪深主板28个省区433家中小上市公司为研究样本,运用因素方差分析和综合评价方法对东中西部中小上市公司成长性进行评价比较。研究结果显示中小上市公司成长性要素指数呈现东部地区整体最优,西部地区略高于中部地区的趋势,并提出构建适应区域特性的成长机制是提升中小上市公司成长性的有效途径。     

Profits and losses from changes in fair value,executive cash compensation and managerial power: Evidence from A-share listed companies in China

According to optimal contracting theory, compensation contracts are effective in solving the agency problem between stockholders and managers. Executive compensation is naturally related to firm performance. However, contracts are not always perfect. Managers may exert influence on the formulation and implementation of compensation contracts by means of their managerial power. As fair value has been introduced into the new accounting standards in China, new concerns have arisen over the relationship between profits and losses from changes in fair value (CFV) and levels of executive compensation. In this study, we find that executive compensation is significantly related to CFV. However, this sensitivity is asymmetric in that increases to compensation due to profits from changes in fair value (PCFV) are higher than reductions to compensation due to losses from changes in fair value (LCFV). Furthermore, we find that managerial power determines the strength of this asymmetry.     

货币国际化的利弊分析及应对措施

货币国际化是一把双刃剑,它既可以带来许多利益,也会产生不少风险。人民币国际化的进程正在稳步推进,本文就货币国际化利弊分析及其应对措施进行探讨。     

试谈工程施工中的质量控制

施工是形成工程项目实体的过程,也是决定最终产品质量的关键阶段,要提高工程项目的质量,就必须狠抓施工阶段的质量控制。     

Product pricing and solvency capital requirements for long-term care insurance

This paper presents a comprehensive assessment of premiums, reserves and solvency capital requirements (SCRs) for long-term care (LTC) insurance policies using Activities of Daily Living and US data. We compare stand-alone policies, whole life insurance policies with LTC benefit riders (LTC insurance combined with whole life insurance), life care annuities (LTC insurance combined with annuities) and shared LTC insurance in terms of net premium cost and SCRs. Net premiums and best-estimate reserves for base LTC insurance policies are determined using Thiele’s differential equation. Product features such as the elimination period and the maximum benefit period are compared using a simulation-based model. We show how a maximum benefit period can reduce costs and risks for LTC insurance products. SCRs for longevity risk and disability risk are based on the Solvency II standard formula. We quantify the extent to which whole life insurance policies with LTC benefit riders and life care annuities provide lower SCRs than stand-alone LTC insurance policies.