Organizational Work‐Family Culture and Working Mothers’ Affective Commitment: How Career Expectations Matter

The research undertaken here examines how an organizational work‐family culture affects the attitudes of working mothers. This research extends the existing findings by examining two separate mediation processes: work‐family conflict and career expectations. The cases of 1,308 working mothers were analyzed using structural equation modeling. Results show that career expectations mediated the effect of an organizational work‐family culture on affective commitment while work‐family conflict did not. As an additional analysis, working mothers’ perceptions and attitudes were compared with those of 288 peers. Results disclose that working mothers were no less committed to their organization, and were even more committed than their peers early in their careers. Working mothers’ career expectations, however, were consistently lower than their peers’ expectations. Implications of these results are included. © 2014 Wiley Periodicals, Inc.     

论以人的发展为导向的转型——在中国第二次人的发展经济学研讨会上的报告

在中国社会转型和经济转轨的今天,人的全面自由发展受到了越来越多人的关注,经济发展方式转变应以什么为导向和人在经济发展方式转变中应该处于什么地位更是引起了学术界的深刻反思。国家发展和改革委员会经济研究所原副所长常修泽教授在中国第二次人的发展经济学研讨会中指出,人的全面自由发展应与转变经济发展方式紧密结合,中国经济发展方式的转变要以人的发展为导向,通过收入分配制度改革、城乡二元体制改革、构建环境产权制度和促进政府转型为以人的发展为导向的经济发展方式转变建立体制支撑。有鉴于此,本期根据中国第二次人的发展经济学研讨会录音对常修泽教授的主题报告发言进行整理(作者同时进行了修改补充)并予以刊发,以期为对上述问题的研究提供更多的借鉴和思考并达成共识,推动人的发展经济学研究取得实质性进展。     

The time-varying and asymmetric dependence between crude oil spot and futures markets: Evidence from the Mixture copula-based ARJI–GARCH model

This paper designs a Mixture copula-based ARJI–GARCH model to simultaneously investigate the dynamic process of crude oil spot and futures returns and the time-varying and asymmetric dependence between spot and futures returns. The individual behavior of each market is modeled by the ARJI–GARCH process. The time-varying and asymmetric dependence is captured by the Mixture copula which is composed of the Gumbel copula and Clayton copula. Empirical results show three important findings. First, jumping behavior is an important process for each market. Second, spot and futures returns do not have the same jump process. Third, the tail dependence between spot and futures markets is time-varying and asymmetric with the magnitude of upper tail dependence being slightly weaker than that of lower tail dependence.     

What to Target? Inflation or Exchange Rate

This study empirically compares, for the first time, the popular exchange‐rate–targeting regime with the recently emerged inflation‐targeting framework in developing countries. Applying a variety of propensity score matching methods and dynamic panel generalized method of moments (GMM) regressions to a sample of 50 developing countries for the years 1990–2006, we find strong and robust evidence that, compared to exchange‐rate targeting, inflation targeting leads to a significantly lower inflation rate, and the lower inflation rate does not come at a cost of slower growth.     

The globalization of Chinese enterprises

The question of how and why Chinese firms globalize is one of the most pressing issues for businesses today. China's globalization process is nothing less than remarkable. The twenty‐first century will feature a developing country as the leader of the global economy by 2020, when, by most estimates, China's purchasing power parity (PPP) gross domestic product (GDP) surpasses America's. With China's new role on the world's stage, global economic and political institutions are likely to change. China's foray into Latin America, for example, has changed the traditional role that America has played in its “backyard.” While the Chinese government was given much credit for China's globalization, Chinese private‐ and family‐owned businesses have also propelled China outward. Our research stream and annual China Goes Global conference at Harvard has attempted to frame the questions associated with China's globalization. This special issue is another important step in this direction. © 2012 Wiley Periodicals, Inc.     

National information security policy and its implementation: A case study in Taiwan

Cyberspace is no longer safe. From business organizations to countries, the requirements of information security and assurance have become one of the most important functions to ensure continued operations. The goal of this study is twofold. First, we introduce the information security policy of the Taiwanese government and its current status. Then we present a successful example of governmental institute that self-adopted the information security management system (ISMS), British Standard 7799 (ISO27001). The results of this research indicate that past successful experiences, availability of documents, cost constraints, organization learning and organizational culture are important motivations of self-implementation of ISMS. Past experience of other standards, level of documentation and standardization, degree of understanding the clauses, procedures of risk management, top management support, culture of organization, existing auditing infrastructure, awareness of information security, education and compatibility with the existing procedures are the key factors of successful self-implementation of ISMS.     

农民的增收问题及其出路

资金短缺及其农村正规金融机构的缺失制约了农民的投资选择,因而也扭曲了农村的投资结构及其产业结构,而正是这种比例失衡的产业结构导致了家庭经营纯收入的低增长。本文认为,家庭之间通过生产、加工、销售和购买等环节的专业化合作,成立服务于农户家庭的纵向一体化或横向一体化组织,将有助于提高农户家庭的信用,从而鼓励正规金融机构进入农村市场,推动农村金融市场的逐步完善,继而缓解农民的流动性约束,优化农村的投资结构,实现农民家庭经营纯收入的增长。     

论完善社会主义主市场经济体制的奠基之石——诚信

在我国,伴随着社会主义市场经济体制的确立,人们在实践中早已深信市场经济就是法制经济、道德经济.诚信作为法律和道德的基础,同时也是市场经济的支柱.然而,曾几何许,人们渐渐发觉市场经济的这一根基--"诚信"开始松动,诚信危机不再局限于"大跃进"‘文化大革命"时期的政治领域,而是广泛渗透于经济、政治、文化乃至社会生活领域.诚信的缺失,不仅影响着人们之间的正常交往,社会道德风尚的确立,更为严重的是扰乱了市场经济秩序,制约着我国经济的发展,影响着我国政府在人们心目中的良好形象,关系着整个社会的长治久安,人民的安居乐业.     

Now or later: Delay's effects on post-consumption emotions and consumer loyalty

This study identifies differences in immediate and delayed post-consumption emotional assessments, triggering a dynamic shift in word-of-mouth evaluation and repurchase intention. Experiment 1 compares participants' responses to cellphone purchases in immediate and half-hour delay conditions. Experiment 2 generalizes the research scope by examining biscuit consumption and imposing an additional 24-hour delay. Results indicate that (1) products with higher hedonic value elicit excitement and cheerfulness, which intensify over time and increase consumer loyalty; (2) products with higher utilitarian value induce feelings of confidence and security, which gradually fade in intensity and diminish consumer loyalty over time; (3) products with lower hedonic value lead to dissatisfaction, which dissipates over time, and low-level consumer loyalty rises; and (4) products with lower utilitarian value generate feelings of anger, which grow over time and erode consumer loyalty.     

浅谈高校基建工程审计存在的问题及对策

随着高等教育大众化进程的加速,高等学校招生规模的扩大。一片片新校区的相继在建。面对这一工程量大、工期短、质量要求高的基建新形势,给高校基建工程审计工作提出了前所未有的新课题。本文结合工作经验,就工程审计中存在的问题提出几点看法和建议。