Who should rescue subsidiaries of multinational banks?

This paper asks whether a single resolution authority for multinational banks is desirable. Such an authority was recently established within the European Monetary Union, where the resolution power for large banks was transferred to a Single Resolution Board. To address this issue, we consider the risk incentives of a multinational bank in the presence of different resolution frameworks and determine the welfare-efficient structure which prevents banks from excessive risk-taking. We argue that a single resolution authority is not always welfare-efficient, because it is the heterogeneity of bank resolution power which induces multinational banks to behave prudently. In severe solvency crises, the multinational authority should have the resolution power, whereas in less severe crises national resolution authorities are more efficient in avoiding excessive risk-taking on the part of multinational banks.     

论企事业单位纪检监察审计间的业务协调

按照相关法律规定,我国许多企事业单位设置有纪检、监察和审计部门,然而其效果往往让人质疑。比较纪检、监察和审计职责,正视实际中存在的问题,把纪检、监察和审计工作与本单位经营管理工作紧密结合,通过准确定位、重建机构、沟通信息,将上级宏观的指导精神落到实处,最终达到纪检、监察和审计工作目标与单位管理工作目标的共同实现。     

Board structure and price informativeness

We develop and test the hypothesis that stock price informativeness affects the structure of corporate boards. We find a negative relation between price informativeness and board independence. This finding is robust to the inclusion of many firm-level controls, including firm fixed effects, and to the choice of the measure of price informativeness. Consistent with the hypothesis that price informativeness and board monitoring are substitutes, this relation is particularly strong for firms more exposed to both external and internal governance mechanisms and for firms in which firm-specific knowledge is relatively unimportant. Our results suggest that firms with more informative stock prices have less demanding board structures.     

SPC技术在肉及肉制品微生物监控中的应用

本文简要介绍了统计过程控制技术,即SPC技术,并以低温火腿生产中大肠菌群卫生控制为例,详细说明了利用SPC技术对肉及肉制品生产中微生物监测结果进行分析、利用和反馈的方法。     

应付账款的管理与控制

本文通过建立应付账款监控模型,把影响应付账款变化的因素进行综合分析,这些因素对现金流金流的影响,并运用案例验证模型的运转效率。     

金融状况指数研究评述

随着世界金融市场的快速发展,虚拟经济与实体经济的相互关联进一步增强,因此编制综合反映一国金融系统运行情况的金融状况指数(Financial Condition Index,FCI)成为经济监测中的重要一环。本文回顾了国内外对FCI构建的重要文献,并对国外相关机构的FCI实例进行调研,在此基础上,总结了构成FCI的主要金融变量及其权重确定方法,并结合我国实际情况,分析各种指标、方法在我国的适用性,对中国金融状况指数(CFCI,China Financial Condition Index)的具体构建方法提出建议。     

小麦储藏期霉菌活动监测技术进展

小麦是我国最主要的粮食品种,且相对于其他大宗粮食品种,小麦在储藏期间更易滋长霉菌。储藏期霉菌活动是小麦产后变质减损的主要原因之一,危害巨大。小麦储藏期霉菌活动监测对于小麦储藏安全、小麦及其制品食品安全具有重要价值。本文对小麦储藏期霉菌活动监测技术的进展进行了综述。     

Group Dynamics of Corruption in Public Organizations

Abstract

When there are two groups of officials in a public organization, we show that depending on the groups’ behavior – collusive or competitive – increasing the level of monitoring and punishment may have different impacts on corruption. If the two groups of public officials had been demonstrating collusive behavior, increased monitoring or punishment reduces both the level of corrupt activities and the corrupt officials’ bribe revenues. However, if the groups had not been colluding, increased monitoring reduces the level of corruption, but increases the corruption revenues collected. Only after reaching the optimum level of monitoring, is this result reversed.     

卷烟厂中烟草尘的在线监测技术分析

卷烟生产过程中产生的烟草尘是危害厂房内工作人员健康的主要因素之一,对其实施在线监测,有助于实时了解污染程度并及时处理异常情况,能真正达到保护环境和工作人员健康的目的。然而,已有文献鲜有涉及对烟草尘在线监测技术适用性分析的研究。基于此,本文从烟草生产工艺出发,分析了烟草厂中烟草尘的主要来源及其污染特征,进而讨论了目前主要粉尘在线测试技术的原理和特点,为实现烟草尘的在线监测奠定了基础。     

亚洲发展中国家开展发展绩效管理体系的现状与挑战

面向结果的发展绩效管理理论对于发展项目管理具有重要意义。在对OECD国家成功经验总结的基础之上,对亚洲发展中国家开展监测与评价体系的现状与障碍进行了介绍与分析,从而就提高发展中国家的发展评价能力提出了相关的建议和策略。