Information, incentives and multinational firms

I present a model that explains a multinational firm's choice of organizational form. If a firm in the developed country outsources the production of its intermediate goods to a supplier in the developing country, it faces an adverse selection problem. If it chooses to produce the intermediate goods in its own subsidiary in the developing country, it faces an inefficient monitoring problem. My analysis of this tradeoff provides a new explanation for the observation that FDI is concentrated in capital intensive industries and yields two empirical hypotheses: more firms should adopt outsourcing instead of FDI after trade liberalization; the share of intra-firm trade in total trade should be increasing in the degree of productivity dispersion across intermediate goods suppliers in the developing country.     

Factors influencing food and beverage employees’ career success: A contextual perspective

This study explored the important influential factors of Food and Beverage employees’ career success in international tourist hotels and identified relationships among these factors from contextual perspectives. Data was obtained from a sample of 481 respondents drawn from 22 international tourist hotels in Taiwan and analyzed with the AMOS program. The structural equation modeling results showed that multiple contexts influenced the career success of F&B employees in international tourist hotels, such as the Micro-System, the Meso-System, including organizational psychological factors, the Exo-System, and the Macro System contexts. In particular, the Exo-System context was the most direct influential factor for career success.     

Chinese Experience of Advancing Financial Inclusion in Light of Foster’s Three Limiting Conditions in Institutional Change

Abstract:

China has been developing “financial inclusion” since the 1990s so as to deal with financial exclusion, a problem that faces rural residents and small and micro enterprises as well as the poor. Analysis is conducted in light of John Foster’s theory of institutional change, especially the three limiting conditions, which are, the availability of knowledge, people’s capacity for understanding and adaptation, and the principle of minimal dislocation. Digital finance, introduced into China in the early 2000s, is thought to be the innovative and sustainable means of financial inclusion and was boldly encouraged with very loose regulation, especially before 2015. Many of the nontraditional providers of internet financial services, including nonbank digital payment, internet-based lending, crowd funding, and virtual coins, etc. had boomed like mushroom since 2013. While social permission has been granted to such well-intentioned but poorly understood social experiments, unprecedent internet financial chaos have emerged and spread raising serious social concern. Since 2015, new policy bundles have been developed in China, and the concept and practice of financial inclusion has been transformed greatly. As China is still facing challenges marching toward financial inclusion, the three limiting conditions must be carefully considered in formulating policies.     

氨离心压缩机组运行优化总结

介绍了河南龙宇煤化工有限公司氨离心压缩机制冷的流程和设备状况,分析了氨冰机系统惰性气体对机组运行的影响,以及氨冰机循环水冷却量不足的原因,采取了通过增加排惰气装置和增加管道泵的改造办法,达到了减少了氨冰机氨气排放和系统能耗,提高氨冰机机组运行负荷的目的,取得较好的环保效益和经济效益.     

From a hub port city to a global supply chain management center: a case study of Hong Kong

This paper explores the critical challenges encountered in the transformation process of Hong Kong from a freight transport hub city to a knowledge-based global supply chain management center (GSCMC). The exploration involves an examination of the structural issues of the logistics industry in Hong Kong within the framework of global value chains (GVC). A questionnaire survey and a series of interviews were conducted to reveal the essential problems that the key parties of the Hong Kong logistics industry face if the transition of Hong Kong into a GSCMC is to be successful in all segments of the industry. Through a categorical analysis of logistics segments, the hurdles to the GSCMC as well as the institutional measures are also discussed in this paper.     

社会主义比资本主义能更好地运用市场经济

中国搞社会主义市场经济的成功实践表明,不仅社会主义可以搞市场经济,而且社会主义市场经济优越于资本主义市场经济。资本主义制度不能弥补和克服"市场失灵"弊端。社会主义公有制有利于克服市场经济在生产目的上唯利是图的弊端;社会主义按劳分配和共同富裕制度有利于克服市场经济分配不公的弊端;社会主义国家调控规律有利于克服市场经济配置资源的自发性盲目性弊端;社会主义价值观有利于克服市场经济拜金主义、利己主义的弊端。中国社会主义市场经济的成功实践表明,社会主义比资本主义能更好地运用市场经济。     

大型公共工程环境审计研究

伴随着国内一系列大型公共工程项目的积极规划与建设,大型公共工程中的环境审计日益受到重视,然而目前国内对此领域的研究较少,系统地梳理出一个理论体系有着重要意义。为此,本文通过研究国内大型公共工程环境审计的现状与问题,从审计目标、审计内容、实现机制与组织模式四个方面来构建大型公共工程环境审计体系,并就上述几个方面创新性地提出了大型公共工程环境跟踪审计模式和多主体合作审计的组织模式改进建议,以期丰富大型公共工程领域的环境审计理论研究并为相关审计工作的开展提供一点启示。     

如何加快建立覆盖城乡居民的社会保障体系

社会保障是基本的民生问题,是构建社会主义和谐社会的基础性工程。从我国社会主义初级阶段的基本国情出发,根据我国国民经济和社会发展的要求,针对当前我国社会保障体系建设中存在的城乡社会保障发展不平衡、社会保障立法工作滞后、社会保障流动性差、社会保障资金管理混乱等问题,提出建立与完善社会保障管理体制、坚持统筹规划,实现城乡社会保障协调发展、加快社会保障立法进程。     

心电监护仪在心血管危重患者中监测血压的应用

目的:通过心电监测仪24小时监测心血管危重患者的血压变化,提供病情依据。方法:选择一例长期定时测量血压的心血管患者来分组,观察组采用心电监护仪调定监测的方法来监测血压,对照组护理人员遵医嘱定时采用血压计测量血压。结果:2组血压测定结果准确,但观察组血压明显稳定于对照组。结论:观察组使用心电监护仪定时测量心血管患者血压减少了外界影响,比对照组使用血压计测量结果稳定,且减少了因不良行为影响的血压数值。