环保投资、CEO海外经历与企业价值：增值抑或减值?——基于烙印理论视角的分析

作为环境污染主要制造者的微观单元,企业进行环保投资是企业环境保护的重要方式,而作为自负盈亏的经济主体,企业环保投资是否毁损了企业的价值？以2008—2018年上市公司为样本,实证研究发现：企业环保投资与企业价值呈现先下降后上升的U型关系;CEO海外经历对企业环保投资与企业价值的非线性关系有显著调节作用。进一步研究还发现：在高融资约束水平下,CEO海外经历对企业价值的提升作用和对环保投资与企业价值的调节作用更加显著。研究结果拓展了环保投资对企业价值的影响分析,为选聘海外经历高管的现有人力资本管理提供了新的视角     

CCPIT and American Chamber of Commerce Hold Joint IPR Forum

IPR, as a core resource of a country＇s international competitiveness, plays a vital role in promoting any country＇s domestic innovation. Therefore, the central government of China has been drafting a ＇National IRP Strategy＇.     

Unique Efforts for Harmonious Inhabitation

Inhabitation,or human settlement,has become a hot issue that is attracting a lot of attention around the world, from both the rich and the poor.After all,who doesn't want to have a good liv- ing environment? Sure,a good living environment is important to every living being on Earth, but actually in today's modern society, a good habitat has a special meaning: harmonious living environment.This not     

Ever-Rising Processed Food Safety

Rapid and sound development In recent years,China's food industry has maintained fast and sound growth,with a steady increase in economic benefits,according to the Information Office of the State Council.At present,China has 448,000 enterprises engaged in foodstuff production and processing.Among them, 26,000 enterprises of designated scale occupy 72% of the market,taking the leading role in terms of output and sales revenue;69,000 are enterprises not up to the designated     

Energy Saving,Environmental Protection：Top Priority in China＇s Development——Exclusive interview with Dr.Yonglong L,Secretary-general,Chinese Committee for SCOPE（Scientific Committee on Problems of the Environment/ICSU）.

Energy saving,emission reduction and economic development are major issues China has to meet in building a harmonious society.On one hand,China should pursue a sustainable,fast and sound economic development,on the other hand,she should try to decrease the overuse of energy resources and the environmental problems caused by the rapid economic growth. In this regard,on June 24,the Standing Committee of National People＇s Congress deliberated the draft of Energy Saving Law,according to which China is to take“resources saving”as a basic national policy.This is a key issue to the long-term benefits of China.With relevant questions,China＇s Foreign Trade interviewed Dr, Yonglong L（？）,Secretary-general,Chinese Committee for SCOPE（Scientific Committee on Problems of the Environment/ICSU）.and Research Professor at the Chinese Academy of Sciences. Let＇s listen to Dr.L（？）＇s comments with wisdom.[第一段]     

FM: Wen''''s Two-nation Visit Successful in Promoting Economic Ties

Chinese Premier Wen Jiabao's visit to South Korea and Japan is a great success in strengthening mutually beneficial cooperation and promoting the economic and trade ties between China and the two countries, Foreign Minister Li Zhaoxing said on April 13.     

High Surplus Means High Profits?

In recent years,China has been in the limelight worldwide due to its constant high trade surplus.Its trade surplus hit US$ 24.974 billion in August, a record high and an increase of US$ 624 million versus the previous month, according to the latest data from China Customs.     

Weaving A Global Network

in recent years, private enterprises have increasingly become a major economic force in China. As such businesses grow, the revenue from the international business that they conduct grows accordingly. China＇s private enterprises are going global. Due to the world＇s economic globalizatlon and China＇s entry into the WTO, both domestic and international competition has come to be more intensified, which to some extent has provided a favorable environment for the international business operations of China＇s private enterprises. A document entitled Opinions of the State Council on Encouraging, Supporting and Guiding the Development of the Non-Public Ownership Economy, Including Individual Ownership and Private Investment, issued in February 2005, explicitly supports the exploration of foreign markets by private enterpris- es. It is the definitive guide for private business in China, and thus has been a driving force behind private enterprises to start international business.     

China''''s Auto Production,Sales Grow A Bit Slower in 2007

Auto production and sales remained stable in China last year,yet with growth a bit slower on lukewarm demand for vehicles of low engine displacement,sources from the Ministry of Commerce.     

Folk Arts in Tianqiao, Beijing

Located in the southern part of Beijing, Tianqiao is a place well-known for traditional Beijing folk arts, which has a history of 600 to 700 years.