Effect of outsourcing public sector audits on cost‐efficiency

This study compares the cost‐efficiency of ‘in‐house’ and outsourced to private sector audit supplier arrangements to deliver financial audits in the public sector by examining audit cost‐efficiency within the context of the public sector arrangement at one state in Australia (Western Australia). The results for 178 public agencies show that outsourced audits are, in general, more costly than in‐house audits, but this result is conditional on the type and size of public agency. Specifically, outsourced audits are more costly than in‐house audits for small statutory authority audits, whereas for specialist audits (i.e. hospitals) and large and complex statutory authority audits, the in‐house supply is equally efficient as the outsourced service.     

金融中介供给与中国创新驱动——来自一个准自然实验的证据

金融供给侧改革是供给侧结构性改革的重要内容,与此同时,创新日益成为驱动 中国经济可持续发展的核心动力。那么金融供给与创新之间存在怎样的关系,对此问题的研究 具有重要的理论与现实意义。本文以金融中介供给为视角,专利作为创新的度量,依据2006年 城商行跨区经营的准自然实验事件,采用双重差分法对前述问题进行了实证研究。研究结果发 现：金融中介供给的增加显著促进了创新;采用动态模型设定,验证了平行趋势假设;研究也 发现不存在创新影响城商行跨区经营决策的反向因果关系;机制研究表明,金融中介供给通过 提高工业企业的创新产出,从而促进了当地的创新。本文的研究对金融供给侧改革的推进有一 定的启示意义。     

衍生品交易实时风险管理系统的设计与开发

我国衍生品交易市场现正处于一个新的发展阶段,商品期权和金融衍生品交易即将上马,国际间的衍生品交易规模也日益扩大,有效的风险管理对有关管理方面来说将是一个极大的挑战。计算机实时交易风险管理系统是其中不可缺少的重要一环,否则风险管理将是一句空话。本文对各种较为成熟的衍生品风险计算模式如传统的Strategy、Greek和目前流行的VAR、SPAN、TIMS等逐一作了分析比较,对各种风险管理系统的功能特点及相应的计算机技术作了对比介绍,希望能对国内早日研发出自己的实时风险管理系统有所帮助。     

浅谈当前产业发展大势及东北地区产业选择的基本思路与方向

在"十三五"时期内,由于国家区域发展战战略以及政策的大力推动下,我国东部地区经济转型速度加快.并且中西部地区经济增长也是势头良好.一些偏远边穷地区经济增长也十分的快速.进一步加强了区域之间的协调性.但是,虽然中国目前区域协调发展取得了很大成就,但是仍然无法避免南北经济增长不平衡以及区域之间创新能力差距较大等问题.因此,...     

The impact of the antecedents and consequences of job burnout on junior accountants' turnover intentions: a structural equation modelling approach

This paper examines the impact of the antecedents and consequences of job burnout on junior accountants' turnover intentions. A questionnaire was completed by 368 junior accountants working in public accounting firms. Our results suggest that role ambiguity, role conflict and job‐related tension are important antecedents for job burnout. Role ambiguity and role conflict initially influence employees' perceived levels of job‐related tension, and job‐related tension is associated to job burnout, which, in turn, decreases employees' levels of job satisfaction and organisational commitment. Dissatisfied and uncommitted employees are more likely to seek alternative employment.     

基于PFM模型与倾向匹配得分法的中小企业信用风险评估

通过将PFM模型与倾向匹配得分法结合,利用中小企业财务数据与同行业上市企业信息,测算中小企业的资产市场价值,进而构建中小企业信用风险评估模型.该模型的优势在于,其不仅反映了中小企业的静态财务信息,而且还体现了股票市场的动态信息.通过对某城市商业银行的中小企业数据进行实证研究,结果表明,相对于Logistic回归模型,基...     

A theoretical and empirical study on China's transition to digital TV

This paper explores the impact of policies made by the State Administration of Radio, Film, and TV on China's transition to digital TV. The method of stakeholder analysis is used to present a theoretical study on the digital transition, with a quantitative model analyzing the welfare change of three segments of consumers. A simultaneous-equation model is used to study the characteristics of the demand and supply of digital TV in China. It is argued that the policy of uniform transition that ignores coordination among stakeholders does harm to consumers’ benefits, and the healthy and sustainable development of China's cable digital TV industry. In an introductory phase of digital TV, educating consumers with convenient and pleasing experience is essential, and restructuring cable operators in a market-oriented way is also critical for developing countries like China.     

利率市场化与企业间接融资问题浅论

利率市场化与经济增长存在着相关关系。利率管制一方面加大了银行风险 ,另一方面越来越不能给国有企业提供资金补贴。利率市场化会使得利率上升 ,为加强国企自生能力 ,国家应助其摆脱政策包袱。国企自身也应谋求技术构成与比较优势的匹配。大型金融机构不适宜给中小企业融资 ,为解决中小企业融资问题 ,应尽快建立一批中小型的金融机构