货币政策对股票价格行为的影响实证分析

文章以影响股票价格的理论为基础,采用现代计量技术,采用2005年1月至2007年6月的月度时间序列数据,研究了汇率、存款准备金率以及利率、货币供应量等宏观经济因素对股票价格的影响。从2005年6月以来我国A股市场股票价格的持续上涨,其主要原因是经济的高速增长、人民币升值以及充足的货币供应量;而加息与提高存款准备金率对股票价格变化的影响有限。     

Analysts' Cash Flow Forecasts,Audit Effort,and Audit Opinions on Internal Control

We examine the economic impact of analysts’ cash flow forecasts by looking at how external auditors respond to financial analysts’ issuance of cash flow forecasts. Using a differences‐in‐differences approach, we find that financial analysts’ initiation of cash flow forecasts leads to reduced auditor fees and audit report lags. Moreover, after cash flow forecast initiation, firms report fewer Section 404(b) internal control weakness disclosures. These findings suggest that cash flow forecasts constrain earnings manipulation and improve management accounting behavior, thereby reducing inherent and control risk and strengthening firms’ internal control over financial reporting.     

The relation among self-efficacy,learning approaches,and academic performance: an exploratory study

Self-efficacy influences students’ activities, effort and persistence, and it can help predict their motivation and academic performance. This study attempts to investigate the relationship between self-efficacy, preferred learning methods, and academic performance under different learning methods in a unique hospitality course setting. The results indicate that hospitality management students prefer a “learn by doing” approach instead of computer-based learning and lecturing. This study concludes that self-efficacy affects the academic performance in both lecturing and practical learning in hospitality education. However, students’ preference in terms of learning methods does not influence their academic performance. Emphasizing “learn by doing” in the hospitality higher education curriculum is recommended in addition to recruiting faculty members with extensive industry experience. Conversely, it is recommended that faculty find the means to increase students’ self-efficacy when adopting different teaching approaches.     

我国科技产业发展的多方融资问题研究

推进我国科技产业发展,必须着力解决科技产业的融资问题.在增加各级财政投入、扩大企业自筹资金的基础上,采取各种方式,完善、扩展科技产业融资渠道.建立风险补偿机制,完善各项政策,加强法律法规建设,从而营造科技产业融资的良好环境.     

如何规范项目工程质量监督档案管理工作

按《石油天然气建设工程质量监督工作程序》,分析了不同监督阶段应形成的档案资料内容及要求;结合西气东输冀宁管道工程质量监督档案整理工作实践,提出了完善石油专业监督档案规定、注重监督工作质量、完善审核制度、通过培训增强监督档案工作质量意识等建议。     

评估机构企业文化建设之我见

随着全球经济的快速发展,企业间的竞争越来越表现为文化的竞争。资产评估机构作为经济鉴证类中介机构,是企业的一分子,在市场竞争中塑造具有评估行业特色的企业文化显得至关重要。笔者从塑造以人为本的“家”文化、塑造“诚信文化”、打造“创新文化”三方面阐述了自己的观点,希望与广大评估人共同探讨、交流。     

浅析在华跨国公司的人力资源管理

自改革开放以来,越来越多的跨国公司来华进行投资,但由于环境、文化等背景的不同,许多跨国公司在人力资源管理方面遭遇到一些问题,包括思想观念、招聘、培训、业绩考核以及薪酬五个方面的问题,它们的存在严重阻碍了跨国公司在华的发展。     

Mixed ownership reforms and the transparency of nonstate-owned enterprises: Evidence from China

This paper takes Chinese Shanghai and Shenzhen A-share nonstate-owned listed companies from 2008 to 2019 as samples to study the impact and mechanism of state-owned capital participation on the transparency of nonstate-owned enterprises. The results show that state-owned capital participation has a significant positive impact on the transparency of nonstate-owned enterprises. In terms of the mechanism of action, state-owned capital participation positively impacts corporate transparency by increasing investors' attention. Further research finds that the positive effect of state-owned capital participation on foreign-funded enterprises and enterprises with few financing constraints is more prominent.     

关于制度、组织和制度安排

尽管人们对制度、组织等概念已经司空见惯 ,但是 ,究竟什么是制度、制度构成要素是什么、制度安排和制度有什么区别、制度和组织的区别在什么地方 ?直到目前 ,中外学者仍然没有统一的答案。文章在考察了中外学者不同的制度定义之后 ,对制度的内涵、制度的构成进行了分析 ,特别是对制度、组织和制度安排这三个概念进行了比较研究。     

MBA教育品牌策略研究——以上海财经大学商学院为例

我国MBA教育经历了国际化、标准化的发展过程,已进入竞争激烈的白热化发展阶段。创新塑造MBA教育品牌,有利于MBA院校的脱颖而出。本文结合上海财经大学商学院MBA教育品牌建设实践,探讨其在品牌定位、品牌提升及品牌推广等方面的策略经验和实施效果,提出设立精确品牌定位、提高品牌核心竞争力等品牌建设建议,希望能为其他MBA院校在创新品牌策略方面提供一定借鉴。