股指成份股调整与公司盈余管理——基于一项准自然实验的研究

文章以沪深300指数2007年6月至2018年6月23次调整的成份股和同期公布的备选股为研究样本,考察了成份股调整对公司盈余管理的影响。研究发现:(1)与备选股相比,成份股调整后公司的应计盈余管理没有受到显著影响,而真实盈余管理水平则显著下降;(2)区分真实盈余管理的不同类型,成份股调整主要通过异常现金流降低了真实盈余管理水平;(3)在持续时间方面,成份股调整对真实盈余管理的影响在调入指数三年之后依然存在;(4)成份股调整降低真实盈余管理的作用在独立董事比例低和非国有企业样本中更加显著。上述结果表明,成份股调整的"监督效应"降低了公司的真实盈余管理水平,且在其他监督渠道较弱的情况下更加显著。文章丰富了成份股调整经济后果和盈余管理影响因素的研究,并有助于监管者和投资者认识股票指数调整对公司行为和会计信息的现实影响,以监管和防范投资风险。     

发展山西现代农业的财政政策浅探

发展现代农业是社会主义新农村建设的首要任务,是以科学发展观统领农村工作的必然要求.近年来,山西省农业发展情况反映出由传统农业向现代农业演进的特点,但在此过程中仍存在着基础设施建设落后、农业生产科技水平低、社会化服务体系薄弱、农业产业化程度不高等问题.针对这些问题,应给予财政支持,促进传统农业向现代农业的转变.     

产学研形式下纺织工程人才培养研究与探讨

根据我校办学定位,纺织工程专业对"产学研"教学模式进行了大胆的革新,并提出了新形势下人才培养的关键,探索"产学研"模式下校企联合育人的必要性,提高了教学的时效性,学生动手实践能力得到很大提升,达到学生毕业即可就业的目的,这为复合型技术型人才奠定了基础.     

资源型产业集群转型过程中的风险研究

文章在阐述资源型产业集群转型背景的基础上,结合文献资料对资源型产业集群转型过程中面临的风险进行了分类,并详细分析了各种风险的影响因素.构建了资源型产业集群转型过程中风险评价指标体系和评价模型,并选取陕西省榆林市能源化工产业集群进行实证研究,对文章提出的风险评价指标体系和模型进行了校验.最后,提出了防范资源型产业集群转型过程中风险的建议.     

基于决策前评价的县域土地利用总体规划结构调整环境影响评价研究

从决策前评价的角度入手,以县域土地利用总体规划为研究对象,提出与其规划级别相对应的评价指标体系,建立了土地利用结构调整与环境影响之间的定量关系,试图实现决策前评价,更好地为规划决策提供依据.并以宜城市为例进行了实证研究,证明该方法是合理可行的.     

不同所有制企业创新主体地位评价 ——规模与效率双重视角的研究

推动企业成为创新决策、研发投入、科研组织和成果应用的主体,是实施创新驱动发展战略的关键。针对企业创新主体地位较难衡量且缺乏考虑企业创新效率的问题,从规模视角入手,基于创新价值链分析,通过区分企业所有制性质,研究企业创新主体地位评价指标体系和评价方法。同时,结合BCC-DEA模型和DEA-Malmquist指数,从创新效率角度系统探讨企业创新主体地位。以上海为例的实证结果表明,上海企业在研发投入端的创新主体地位相对突出,但呈不断弱化趋势,尤其是R&D经费增长显著落后于科研机构和高等院校;在以发明专利为代表的产出端,企业创新主体地位尚不明显,且同样存在比重下滑迹象。外资企业年度创新效率表现最优,内资企业处于明显劣势,但得益于技术效率增长,科技创新全要素生产率保持年均微幅增长,而港澳台商投资企业创新效率存在递减态势。最后提出加强科技资源配置、挖掘科技产出、加大科技成果转化力度等建议。     

基于互联网和现代信息技术的职业教育的发展研究

现代教育信息化是社会进入信息化的重要标志。在当今时代,随着信息技术的迅猛发展,基于互联网和现代信息技术的高等职业教育应运而生。文中主要从高等职业教育发展现状和职业教育信息化两个方面展开论述。     

Can Management Turnover Restore the Financial Statement Credibility of Restating Firms? Further Evidence

This paper investigates the association between management turnover following financial restatements and the probability of subsequent restatements. We find that restating firms that replace management (CEO and/or CFO) are more likely to restate their financial statements again. We also find that subsequent restatements are mainly attributable to the new management. Overall, our results suggest that management turnover following restatements may not be an effective mechanism to remediate financial restatements, but the change to a new management results in a greater possibility of lower earnings quality (i.e., higher probability of subsequent financial restatements and accruals‐based earnings management). Our study supports prior literature's findings that the change in the top management leads to organizational instability and higher accounting information risk. Our findings have implications for internal decisionmaking with regard to top executive replacement.     

How to inhibit a partner's strong and weak forms of opportunism: Impacts of network embeddedness and bilateral TSIs

This study investigates the moderating effects of a firm's network embeddedness and a partner's transactional specific investments (TSIs) on relationships between the firm's TSIs and its partner's strong- and weak-form opportunism, and compares the efficiency among these moderator variables. The regression results suggest that (1) a firm's TSIs are positively related to partner's opportunism when network embeddedness and the partner's TSIs are relatively low; but (2) a firm's TSIs are negatively related to partner's opportunism when network embeddedness and the partner's TSIs are relatively high. Furthermore (3) network embeddedness is more effective in inhibiting partner's weak-form opportunism than in inhibiting strong-form opportunism resulting from the firm's TSIs. Finally (4) with regard to the relationship between TSIs and weak-form opportunism, the negative moderating effect of network embeddedness is greater than the negative moderating effect of partner's TSIs. This study explains reasons why conflicting views exist about the relationship between TSIs and partner's opportunism, reveals the differences in the moderating effects of network embeddedness and partner's TSIs, and makes new contributions to both transaction cost theory and embeddedness literature. It also provides, for firms involved in TSIs in a buyer–supplier relationship, insightful managerial suggestions about ways to reduce their partner's varying forms of opportunism.