基于产权行为研究的人本资本会计模式构造

随着经济形态从工业经济到知识经济的转变,知识、技术、管理等在不同资本中相互滲透,使企业资本呈现出一种泛化的趋势,从传统财务会计中的单元资本转变组合资本,而知识、技术、管理等必须由人主宰和运用,突出以人为本的思想。所以,新经济时代的人本资本会计应为组合资本所有者提供其多元产权价值实现和保障情况的共性化的信息。     

金融中介理论的发展及其对中国金融业的启示

本文对金融中介理论的发展作了简要阐述，并在分析金融中介理论的基础上提出了有关构建中国金融中介机构体系的看法和对中国国有商业银行实现市场化改革的意见。     

Non-audit fees, institutional monitoring, and audit quality

We posit that the effect of non-audit fees on audit quality is conditional on the extent of institutional monitoring. We suggest that institutional investors have incentives and the ability to monitor financial reporting quality. Because of the reputation concerns and potential litigation exposure, auditors are likely to provide high audit quality, when they also provide non-audit services to clients, particularly when clients are subject to high institutional monitoring. We find evidence that, as non-audit fees increase, audit quality (measured by performance-adjusted discretionary current accruals and earnings-response coefficients) reduces only for clients with low institutional ownership but not for clients with high institutional ownership. Our results are robust after controlling for auditor industry specialization, firms’ operating volatility, size effect, and potential endogeneity between institutional ownership and audit quality.     

中国分红保险的机理与制度框架

分红政策在分红保险的经营和监管中始终发挥着核心作用。不论分红保险采用何种模式,分红政策都应当遵循一定的原则:既重视保单持有人的合理预期,贯彻诚信经营和红利分配的公平原则,又要充分考虑红利分配对公司未来红利水平、投资策略以及偿付能力的影响。为了实现分红保险的这些原则,必须辅以有效的工具,其中分红特别储备是实现这些目的的本质、核心和关键。本文以此为基础,阐述了分红保险的管理机制和报告制度。     

National response strategies and marketing innovations during the COVID-19 pandemic

During the COVID-19 pandemic, different nations have adopted a variety of response strategies to fight and contain the new coronavirus. Such national response strategies can be classified into three categories based on their underlying philosophy: strict control with unlimited resources, relentless contribution with limited resources, and rough rationality with limited resources. We discuss the philosophies, characteristics, and performances of the three response strategies and when they should be adopted. We also examine what marketing innovation strategies enterprises should adopt to survive and grow their businesses in both the short and long term. This study provides important strategic implications for national policymakers and enterprises on the use of response strategies as well as marketing innovation tactics and strategies to be used both during and after the pandemic.     

Crypto quanto and inverse options

Over 90% of exchange trading on crypto options has always been on the Deribit platform. This centralized crypto exchange only lists inverse products because they do not accept fiat currency. Likewise, other major crypto options platforms only list crypto–stablecoin trading pairs in so-called direct options, which are similar to the standard crypto options listed by the CME except the US dollar is replaced by a stablecoin version. Until now a clear mathematical exposition of these products has been lacking. We discuss the sources of market incompleteness in direct and inverse options and compare their pricing and hedging characteristics. Then we discuss the useful applications of currency protected “quanto” direct and inverse options for fiat-based traders and describe their pricing and hedging characteristics, all in the Black–Scholes setting.     

河北省农村商贸流通体系实证研究

建立和完善市场经济条件下我国农村商贸流通体系,缩小城乡区域在商品经济上的发展差距,成为我国推进社会主义新农村建设的重要组成部分。它通过分析河北省农村商贸流通体系发展现状及存在的问题,提出建设河北省农村商贸流通体系的发展对策。     

高层建筑防火设计浅析

高层建筑火灾具有人员多、疏散困难等特点,在防火设计方面具有无法忽视的弊端和难题,保证高层建筑的消防安全成为了一项摆在我们面前的迫切任务。本文从高层建筑特点出发,对高层建筑主动防火措施和被动防火措施两个方面进行了分析。     

管理科学在中国:管理学科结构探索

管理科学是所有以管理活动作为研究对象的学科的统称。管理科学在20世纪70年代末被引入我国之后,解析其学科结构逐渐成为管理科学元研究的一个重要课题。对管理科学的数百门分支学科、边缘分支学科进行结构性梳理,按照具体研究对象的异同将它们归并为7个一级子系统;旨在发现其学科结构中的"缺失"环节,促进其整体上的均衡性发展和可持续发展。以科学技术管理学、技术管理学为例,阐释了管理科学的分支学科仍存在着深度分化发展的必要性和可能性。     

现代物流企业文化建设的探讨

通过对企业化建设的理论分析,探讨了现代物流企业结合物流发展需要建设企业化的主要内容和基本思路。