民营企业融资难的原因剖析——以台州为例

民营企业在我国国民经济和社会发展中有着及其重要的地位,台州是中国股份合作企业的发源地,民营企业是台州经济发展的重要基础,由于金融体制滞后等多种因素,台州民营企业融资相当困难,融资难已严重影响台州经济的发展,本文从多次调查研究的基础上总结出台州民营企业融资难的原因,以期供相关部门在解决融资问题时参考,同时对分析我国同类地区民营企业融资难时有所帮助。     

我国商业银行理财业务发展中的问题及其化解

近年来，我国理财业务发展迅猛，但由于受金融分业经营的限制以及会计核算滞后，高素质专业人才缺乏，产品细分不到位等因素影响，其发展中又存在着诸多问题。解决我国理财业务发展中的这些问题，必须借鉴国外理财产品市场的发展经验，采取科学有效的措施，包括打破金融市场的分业经营限制，构建理财市场监管体系，扩大理财业务的跨行业合作，注重专业理财人员的培养，改进理财产品的服务与营销理念，开拓立体化的理财产品营销渠道等，从而实现我国理财业务的健康、可持续发展。     

试述国际金融危机对电网企业的影响及对策

由美国次贷危机引发的全球金融危机给作为我国能源支柱产业的电网企业带来了严峻的考验。如何缓和金融危机的影响,化危机为转机,成为我国电网企业面临的首要课题。本文试分析金融危机给电网企业带来的挑战和机遇,并提出电网企业应对金融危机的对策建议。     

TRANSATLANTIC CAPITAL MARKET PRICE DISCOVERY DURING A FINANCIAL CRISIS

Previous results show relatively small amounts of time variation in the Hasbrouck (1995) information share across international markets. Using data from a security that was cross‐listed on the New York and London Stock Exchanges in the 1860s, we find that the information share changes dramatically during a financial crisis that began in the foreign market.     

Investor Relations （IR） in Business Communication on the Example of Poland

This paper focuses on investor relations （IR） as an element of companies＇ communication with the external environment. It shows the place and role of IR in communication with the general market, and the stock exchange market in particular. The study is illustrated with an example of IR in Poland, a relatively new European Union （EU） member state and an emerging market. As can be seen, IR goes beyond the traditionally understood maintenance of communication with the capital market. It is also shown that the main role of IR ought to be the reduction of investment risk and enhancement of the companies＇ value, which is of particular significance in light of the current globalization of capital markets. It has been found that Polish companies, especially those listed on the Warsaw Securities Exchange （WSE）, commonly rely on IR as a means of communication with the environment. And yet, as the results of the analysis show, the quality of that communication is still far from satisfactory, despite efforts undertaken by various external entities to encourage more focus on the development of IR, or understanding of the company＇s relevant staff of its important role.     

我国中小企业财务困境的原因及对策分析

中小企业作为我国企业的重要组成部分，提供了大量就业机会，创造了巨大的社会财富，但由于存在财务控制不严、资泰结构不舍理、融资困难、缺乏管理经验和危机意识、财务人员素质不高、领导法制意识淡薄等方面的问题，使得中小企业经常陷入财务困境甚至破产。因此，中小企业必须采取有效措施来促进自身的发展。     

中国区域金融发展差异的财政因素研究——基于财政压力与地方政府干预视角的分析

本文从各区域财政能力与金融能力变动的对比入手,证实了我国各区域均存在＂强金融,弱财政＂现象。用财政压力指标替换财政能力指标,详细论证了区域财政压力增长率与区域FIR增长率之间存在的反向变动关系。最终说明了区域财政压力差异性造成地方政府干预金融资源市场化配置的激励不同,并最终导致区域金融发展速度差别这样一个连锁反应的存在。     

美国商业银行风险管理经验及其启示

由于受金融危机的影响,国内银行正面临着越来越大的来自风险、管理和利润的压力.完善的风险管理体系是保证商业银行持续发展和稳定的关键.因此,基于美国商业银行风险管理的现状,通过借鉴美国商业银行在风险管理方面的经验和教训,对中国商业银行风险管理提出了建议.     

Do Financial Liberalization Policies Promote Exports? Evidence from China's Panel Data

This paper empirically tests whether a country's financial reform promotes expansion of its exports measured by the constant-price total value of exports. We test the hypothesis on dynamic panel data of China. We use system GMM (generalized method of moments) estimation to deal with the potential endogeneity problem of important explanatory variables, including financial deregulation. We find that the estimated coefficient on financial deregulation in both ordinary least squares and system GMM estimation is positive and insignificant at the 5 percent level after controlling for other factors affecting export expansion and for fixed time and province effects.