企业平台化变革与创新影响因素双案例研究

在数字网络技术与相关产业融合背景下,平台以创新思维引领经济发展.平台化变革与创新是企业实现升级转型的重要战略选择,无论是传统制造业延续性创新,还互联网企业突破性创新,企业均需要根据平台战略,通过突破转型障碍获得持续发展.在已有理论的基础上,结合海尔和滴滴两个企业平台化战略实施案例,揭示企业平台化变革与创新的4个影响因素.结果发现,企业变革与创新受用户参与、产品服务、资源体量、韧性与成长周期等因素影响.因此,应根据各企业实际情况制定平台战略,使其成为企业转型升级的驱动力.     

Promoting exports: the role of inward FDI in China

Since the late 1970s, exports and inward foreign direct investment (FDI) in China have risen dramatically under the open-door policy. The critical role of FDI in China's exports may be indicated by the fact that exports by foreign affiliates in China in 1998 were US$81 billion, comprising 44% of China's total exports in that year. While there is considerable evidence on the FDI export linkage in China, systematically empirical analyses have been limited. This paper investigates the issue using panel data at the provincial level in the period of 1986–1997. The findings support the widely held belief that increased levels of FDI positively affect provincial manufacturing export performance.     

Creditor Learning and Discrimination in Lending

I study the implications of creditor learning for the estimated racial disparity in access to credit. Utilizing a dataset of mortgage lending, I find that the estimated racial disparity in loan approval rates declines with the length of the borrower??s credit history. In addition, minority borrowers improve significantly their chances of obtaining a loan by accumulating longer credit histories, with the improvements being the largest for those with no credit history. Importantly, I find no significant racial disparity among borrowers with long credit histories, suggesting that one cannot reject the null hypothesis of no taste-based discrimination taking place. I also conduct a number of tests to detect statistical discrimination, which yield inconclusive results.     

中原经济区转变发展方式的环境金融驱动机制研究

经济发展方式和环境保护的涵义均在不断拓展,形成的共同交集包括经济结构调整、技术创新、资源节约、环境保护、包容性发展等。金融机构作为现代经济的核心部门,通过环境金融政策引导资源配置,将在经济发展方式转变的各个环节,提供有力支持。"十二五"时期中原经济区建设面临新机遇,转变经济发展方式也更加迫切。金融机构通过提供环境金融支持和创新服务方式,将发挥关键促进作用。     

中国情境下的“家长科层式”领导方式辨析

现有对家长式领导方式的研究,关注的是其自身的三维度内容相互影响关系,忽视了在中国情境下的科层组织中存在一种“家长科层式”领导方式。家长式与科层式领导方式,在本质上具有对立性,但也可以拥有并存的空间:决策自由裁量权为两者在权力行使上提供了可以并存的空间;对才能的宽泛界定为两者在用人标准上提供了可以并存的空间;自我意识为两者在人格关系转换上提供了可以并存的空间;中国传统文化为两者的并存提供了心理认同存在空间。“家长科层式”领导方式对领导者的决策、用人及人际关系管理都会产生重要影响。在中国情境下,建议领导者在组织初创时期,可以根据情境需要突出家长式人治威权;在组织正规化时期,必需突显科层式的理性威权。     

外包物流服务水平监督下的效率工资激励机制

针对如何提高第三方物流服务水平的问题,建立了物流服务水平监督下的效率工资激励机制,分析了监督程度与效率工资的关系,研究了外生变量对发包方最优监督程度和最优效率工资的影响,为促进第三方物流服务商提高服务水平提供了一种新思路.     

Relationship Banking, Fragility, and the Asset-Liability Matching Problem

We address a fundamental question in relationship banking: whydo banks that make relationship loans finance themselves primarilywith core deposits and when would it be optimal to finance suchloans with purchased money? We show that not only are relationshiploans informationally opaque and illiquid, but they also requirethe relationship between the bank and the borrower to endurein order for the bank to add value. However, the informationalopacity of relationship loans gives rise to endogenous withdrawalrisk that makes the bank fragile. Core deposits are an attractivefunding source for such loans because the bank provides liquidityservices to core depositors and this diminishes the likelihoodof premature deposit withdrawal, thereby facilitating the continuityof relationship loans. That is, we show that banks will wishto match the highest value-added liabilities with the highestvalue-added loans and that doing so simultaneously minimizesthe bank's fragility owing to withdrawal risk and maximizesthe value the bank adds in relationship lending. We also examinethe impact of interbank competition on the bank's asset-liabilitymatching and extract numerous testable predictions.     

An improved bootstrap test of stochastic dominance

We propose a new method of testing stochastic dominance that improves on existing tests based on the standard bootstrap or subsampling. The method admits prospects involving infinite as well as finite dimensional unknown parameters, so that the variables are allowed to be residuals from nonparametric and semiparametric models. The proposed bootstrap tests have asymptotic sizes that are less than or equal to the nominal level uniformly over probabilities in the null hypothesis under regularity conditions. This paper also characterizes the set of probabilities so that the asymptotic size is exactly equal to the nominal level uniformly. As our simulation results show, these characteristics of our tests lead to an improved power property in general. The improvement stems from the design of the bootstrap test whose limiting behavior mimics the discontinuity of the original test’s limiting distribution.