应收账款的管理

应收账款的管理在很多企业都是较困难的一件事。应收账款的管理主要体现在两方面：一是销售过程中应收账款的管理；二是已发生应收账款的管理，特别是坏账准备的管理。     

基于生态位理论城市商业银行的发展策略

生态位是生态学中的一个重要概念,本文从生态位基本理论出发,分析了基于生态位理论城市商业银行发展的自然特性、层次性、社会性和时空性,提出了生态位理论下的城市商业银行要明确市场定位,突出特色立行的发展策略。     

Can the Risks of the Kyoto Mechanisms be Reduced Through Portfolio Diversification? Evidence from the Swedish AIJ Program

Through Joint Implementationand the Clean Development Mechanism, reductionsof greenhouse gas emissions achieved abroad canbe credited to domestic firms. However, thetechnical, economic and political risksinvolved may prevent the private sector frominvesting in such projects. This paperdescribes three types of risks which emissionreduction projects are exposed to. Eleven pilotprojects carried out under the ActivitiesImplemented Jointly (AIJ) program and financedby Sweden are evaluated. Actual project costsare found to exceed projected costs in allcases. Annual emission reductions also deviatefrom their expected values and vary stronglyover time, supporting the hypothesis that suchprojects are risky business. The riskmanagement tool portfolio diversification isapplied to a sample of Swedish AIJ projects.The results indicate that diversification canreduce the risks of greenhouse gas mitigationprojects significantly. Thus, carbon funds area promising way of lowering the risks of theKyoto Mechanisms for private sector investors.     

Willingness to Pay to Reduce Mortality Risks: Evidence from a Three-Country Contingent Valuation Study

Valuing a change in the risk of death is a key input into the calculation of the benefits of environmental policies that save lives. Typically such risks are monetized using the Value of a Statistical Life (VSL). Since the majority of the lives saved by environmental policies are those of older persons, there has been much recent debate about whether the VSL should be lower for the elderly to reflect their fewer remaining life years. We conducted a contingent valuation survey in the UK, Italy and France designed to answer this question. The survey was administered in these three countries following a standardized protocol. Our results suggest that the VSL is €1.022 million or €2.264 million, depending on whether we use median or mean WTP. The VSL is not significantly lower for older persons, but is higher for persons who have been admitted to a hospital or emergency room for cardiovascular and respiratory problems. Income is positively and significantly associated with WTP. The income elasticities of the WTP increase gradually with income levels and are between 0.15 and 0.5 for current income levels in EU countries. We use the responses to the WTP questions to estimate the value of an extension in remaining life expectancy. The value of a loss of one year’s life expectancy is €54,000 or €163,000.     

论我国商业银行金融风险预警指标体系

当今，我国金融体制改革日益深化，商业银行风险日趋增大，因此，建立健全商业银行金融风险预警机制已成为当务之急，所探讨的预警指标体系正是借鉴了国外的先进经验，并结合我国商业银行的实际业务而设计的，它共包含八大部分，涵盖了商业银行的主要经营业务，对于有效监控我国商业银行金融风险，提高其抵御风险的能力具有重要意义。     

Regulating an externality-generating public utility: A multi-dimensional screening approach

In this paper, I present a monopoly screening model in which a firm holds private information on fixed abatement costs. Because of the nature of the optimal contracts, bunching is never optimal even with ‘n’ distinct types. A characterization of full and limited information solutions is offered and it is shown that the design standards alone determine the value of an information rent. The variable charge is completely free of any marginal information costs. This allows the variable charge to track marginal damages and thereby ensures that marginal social costs are covered. A fixed charge implements the optimal solution.     

浅议我国商业银行中间业务的法律风险与防范对策

商业银行中间业务的开展对促进商业银行提高经营效益、降低银行风险，以及实现可持续发展等方面发挥了重要作用。然而现阶段我国商业银行发展中间业务时面临诸多法律风险，如立法上的缺陷、法律的滞后性等。因而，应积极制定有关法律、法规，适度监管，为商业银行中间业务的开展营造良好的法律环境。     

投资选择权约束、意见分歧与中国股市风险

特定的股票总是被市场上特定的投资者群体持有 ,以反映该投资者群体对投资资产价格的评估意见。投资者意见的分歧会导致股票市场的资产出清价格偏离均值 ,股票价格趋于均衡的波动幅度也会变大。中国股市上投资者投资选择权的约束加大了投资者的意见分歧。扩大投资者的投资选择权来促进投资者意见分歧程度的缩小能有效降低中国股市的风险。     

激励扭曲与努力的无效分配——基于银行客户经理制模拟利润考核的有效性分析

文章首先通过运用多任务委托代理模型分析商业银行模拟利润考核制度的激励效应和扭曲效应,以及可能导致客户经理努力的无效分配;然后扩展分析银行模拟利润考核的有效性和模拟利润成本之间的权衡以及模拟利润的最优精确水平;最后结合我国商业银行的现实状况引申出与商业银行客户经理模拟利润考核制度相关的结论与政策建议。     

企业战略管理风险评价指标体系的构建与Fuzzy属性测度模型

企业战略风险管理是企业管理的核心问题之一。战略风险的测度与评判是管理者跟踪经营过程，实施动态控制，进行科学管理的前提。建立关于战略风险测评的属性测度模型并将其应用于实际，可为风险管理的量化决策提供一种可供选择的易于操作的方法。