"2008'衍生金融工具会计高峰论坛"综述

2008年10月28日,由上海金融学院、浦东新区科学技术协会共同主办的“2008’衍生金融工具会计高峰论坛”在上海金融学院成功举行。财政部会计司副司长应唯、上海证券交易所副总经理周勤业、上海国家会计学院副院长谢荣、上海金融学院副院长吴大器、普华永道中国金融服务部合伙人胡亮、上海金融学院会计学院院长袁树民等业界专家学者参加了论坛,浦东新区科学技术协会专职副主席丁海涛出席论坛并致词。与会专家学者围绕“衍生金融工具会计信息质量”和“衍生金融工具会计实务及学科发展”主题分别发表演讲。     

住房保障配套制度改革初探

住房保障配套制度是解决城市低收入阶层住房问题和保持社会稳定的重要措施。章重点阐述了住房社会保障体系中保障对象的核定、住房供应系统以及住房社会保障的信贷和利率体系的相互关系。住房保障配套制度的建立必将成为住房制度改革的基础。     

从信息化人力资源管理到大数据人力资源管理的演进——以腾讯为例

当前大数据人力资源管理的研究日益增加,然而大多数文章中所谓的大数据人力资源管理仍是对信息化人力资源管理概念的修补,少有研究界定信息化人力资源管理和大数据人力资源管理的区别和演进关系.本文基于资源基础观,从有形、无形和人力等资源的动态演进出发,对腾讯人力资源数据管理演进过程进行探索性案例研究.研究发现:大数据人力资源管理在信息化人力资源管理的基础上有了质的变化,大数据人力资源管理能够为组织带来竞争优势.研究进一步归纳出大数据人力资源管理与企业竞争优势的逻辑模型.     

一种增强型指数追踪模型设计及应用

研究目标：构建了可以调节追踪误差和超额收益的增强型指数追踪模型,并给出了广义最小角度回归算法（GLARS）,用以计算调节参数作用下模型解的折中路径。研究方法：通过模拟数据和五组世界主要股票市场指数的历史数据,对本文提出的模型和算法与同类模型和算法进行了性能比较;同时追踪上证50指数构建若干稀疏且稳定的资产组合模型,通过信息比率等指标对投资组合进行评价。研究发现：本文构建的模型可用以构造权衡追踪效果和超额收益,且稀疏的资产组合,GLARS算法相对传统预设参数的算法具有良好的求解能力和计算速度。研究创新：引入调节参数平衡追踪效果和超额收益,并针对中国股票市场的特点,在增强型指数追踪模型施加非负约束;GLARS算法可遍历所有折中意义下的最优解。研究价值：本文提出的增强型指数追踪模型在国内具有较强适用性,在保证资产稀疏性的前提下可以得到超额收益,同时丰富了目前投资组合中的方法论研究。     

知识农业国际发展前沿及中国发展知识农业的政策耦合

伴随知识经济时代的到来及经济国际化的发展,中国作为一个传统的农业大国,应加快由传统农业向现代农业的转变过程。通过借鉴发达国家知识农业发展的成功经验,并结合中国农业经济发展的基本国情,中国应走出一条具有中国特色的知识农业发展之路。     

银行业类型结构与中国商业银行竞争力

银行业类型结构的多元化是银行业提供专业服务、形成优势互补的保证。中国商业银行的同质化严重、行间差距不明显是影响竞争力提升的一大障碍。本文依据产业细分理论,针对商业银行作为服务性行业的特点,从需求和供给两方面展开差异性研究,试图建立多元化类型结构的理念,并在此理念的指导下发展优势互补、强调特色的中国商业银行,以实现在开放环境下的生存与成长。     

Information acquisition,referral, and organization

Each of two experts may provide a service to a client. Experts' cost comparative advantage depends on an unknown state, but an expert may exert effort to get a private signal about it. In a market, an expert may refer the client to the other for a fee. In equilibrium, only one expert exerts effort and refers, and the equilibrium allocation is inefficient. Referral efficiency can be restored when experts form an organization, in which a referring expert must bear the referred expert's cost. However, the referred expert shirks from work effort because of the lack of cost responsibility.     

Cross-country linkages as determinants of procyclicality of loan loss provisions

Procyclicality in banking may result in financial instability and therefore be destructive to economic growth. The sensitivity of different banking balance sheet and income statement variables to the business cycle is diversified and may be prone to increasing integration of financial markets. In this paper, we address the problem of the influence of financial integration on the transmission of economic shocks from one country to another and consequently on the sensitivity of loan loss provisions (LLPs) to the business cycle. The application of the seemingly unrelated regression equations (SURE) approach to 13 OECD countries in 1995–2009 shows that the procyclicality of LLPs is statistically significant almost in the whole sample of countries. Regardless of the econometric specification, the income-smoothing, capital management and risk management hypotheses are hardly supported by the data. However, in SURE specification, the relationship of bank-specific variables is of higher statistical significance than in the country regression approach. Hence, cross-country interconnectedness is not only economically, but also empirically important when analyzing cross-country diversifications of LLPs.     

Economic transition and the determinants of self-employment in urban China: 2007–2013

Abstract

Why was there a large growth in self-employment in urban China during the economic transition period? There are two hypotheses proposed to answer this: the disguised unemployment hypothesis that there is no opportunity to access the formal sector to gain better work, and the business creation hypothesis that successful business owners create new jobs for others, new business opportunities, and many innovative new products for society, as pointed out in previous studies. Using CHIP2007 and CHIP2013, this paper tests the two hypotheses. The main conclusions are as follows: First, generally, utilizing the imputed wage premiums, which were used in previous studies, the business creation hypothesis is rejected; the disguised unemployment hypothesis is supported for both the local urban resident and the migrant groups in 2007 and 2013. Second, the results that utilized the new wage premiums based on the imputed employee wages in the private sector show that the business creation hypothesis is supported when a worker chose to become an employer for both the migrant group and the local urban resident group in 2013. Third, the business creation hypothesis is relevant for the older generation group of local urban residents in 2013.     

考虑买方议价能力的双寡头供应商技术创新决策

在大型零售商的买方议价能力不断增强的背景下,研究了竞争供应商的技术创新决策问题。构建了由异质双寡头供应商、大型零售商组成的纵向市场结构模型,并将大型零售商的议价能力引入模型,考察了大型零售商议价能力条件下供应商的最优技术创新决策,分析了零售商议价能力的变化对不同供应商的技术创新决策的影响。研究发现:大型零售商议价能力的增强促进了小型供应商的技术创新、抑制了大型供应商的技术创新;当零售商的议价能力大于某一临界值时,小型供应商的技术创新水平会高于大型供应商。最后通过具体算例验证了研究结论,分析了参数变化对研究结论的影响。