论组织不公与反生产行为的关系

反生产行为(CPB)是员工在工作中违反组织规章制度,故意危害组织及其利益相关者的行为。许多研究表明,组织不公是导致员工反生产行为的一个重要因素。文章总结了近几年关于组织不公和反生产行为(CPB)的相关研究,指出了目前研究中存在的问题,并据此提出了未来的研究趋势。     

Property Condition Disclosure Law: Why Did States Mandate ‘Seller Tell All’?

Thirty-four US states have already enacted some form of seller’s Property Condition Disclosure Law. At a time when there is a movement in this direction nationally, this paper attempts to ascertain the factors that lead states to adopt disclosure law. Motivation for the study stems from the fact that not all states have yet adopted the law, and states that have enacted the law have done so in different years. The analytical structure employs hazard models, using a unique set of economic and institutional attributes for a panel of 50 US States spanning 21 years, from 1984 to 2004. The proportional hazard analysis of law adoption reveals that greater number of disciplinary actions tends to favor passage of the law. Greater broker supervision, implying generally higher awareness among real estate agents, seems to have a negative impact on the likelihood of a state adopting a Property Condition Disclosure Law. Figure Please query online caption

浅析“依法治国”基本方略内涵

从建设“法制国家”到建设“社会主义法治国家”,是治国理念的质的飞跃。“社会主义法治国家”的科学内涵,就是“主权在民”、“权自法出”,表现为人民是法治的主体。法治的根本在于人民通过自己的代表,制定“善法良制”,以人民的权利通过立法授予政府权力并制约这种权力。法治的重点在于“依法治官”和“依法治权”。依法治国的“国”是一个政治法律概念而不是地域空间概念,离开马克思主义国家观理解“依法治国”,就会把依法治国基本方略狭隘地理解为仅仅只是依法行政。     

Efficient market hypothesis and fraud on the market theory a new perspective for class actions

Following recent judgment of the Supreme Court of US (June 2014), several commentators had declared that “Securities class actions are here to stay” (insidecounsel.com—September 2014, 11). This paper provides a critical perspective on this judgment, which “implicates substantive issues at the intersection of economic theory, financial markets, and securities regulation” (128Harv. L. Rev. 291 2014–2015, 291), and shows that we must be much more careful. This recent judgment is based on the Fraud on the Market Doctrine, which was introduced in 1973 in order to preserve the class action procedure in securities fraud litigation. The characteristic of the Fraud on the Market Doctrine is to have been structured from one of the most popular financial theory: Efficient Market Hypothesis. In this paper, by analysing the implementation of the Efficient Market Hypothesis in Fraud on the Market Theory, we argue that if the Supreme Court had to take position for a second time about the Fraud on the Market Doctrine it is due to the practical difficulties inherited from Efficient Market Hypothesis and that have raised several problems to the US courts, including the Supreme Court. This issue is illustrated by the definition of Efficient Market Hypothesis lawyers used (“most” vs “all”/“fully”). As this paper shows, if “Securities class actions are here to stay”, the opportunity to open such a class action is strongly reduced in the facts.     

法律与行政环境对信托公司绩效的影响研究

以2006~2012年的中国信托公司为样本,采用法与金融学理论研究方法,研究信托公司所处的法律环境与行政环境对公司绩效的影响。结果表明,信托法律体系的完善、投资保护力度的提升及良好的地方法治环境对信托公司绩效具有显著促进作用,政府廉洁度的提升对信托公司绩效也有显著的正向影响。     

Corporate social responsibility and provision of trade credit

In this article, we identify and examine three different views of corporate social responsibility (CSR) and the relationship between CSR and firms’ provision of trade credit. The trust view of CSR argues that CSR and trade credit provision are related positively, because CSR, as a trust-enhancing device, complements the incomplete contract nature of trade credit. The CSR literature shows that CSR firms tend to have higher cash holdings. With this in mind, the precautionary motive view of CSR suggests that cash holdings serve as a hedge against trade credit risk, while, on the other hand, the substitution view of CSR predicts that cash hoarding discourages the provision of trade credit. Using a dataset of 20,591 firm-year observations from 1991 to 2015, we find strong evidence that supports both the trust and substitution views of CSR but not the precautionary view of CSR.     

《保险法》第26条诉讼时效规范之反思与优化

保险索赔时效是对保险金请求权行使期间的限制,《保险法》第2 6条对之有所规定。但该条规范不仅与我国诉讼时效制度的基本法理和民法规范相冲突,亦与保险消费者保护这一现代保险法立法理念相背离。而且,其对诉讼时效期间起算点的不当规定更是我国学界关于保险索赔时效之法律性质争议的肇因。《保险法》第2 6条将保险索赔时效定性为诉讼时效并无不妥,但其中诉讼时效期间长度和起算点的规定亟需得到修正。就前者而言,应当将非人寿保险金请求权的诉讼时效期间延长为3年;就后者而言,应当以“被保险人或受益人能够依诉行使保险金请求权之时”,即“被保险人或受益人知道或应当知道保险人不履行保险金给付义务之时”,作为保险金请求权诉讼时效期间的起算点,具体情形包括三种。责任保险的索赔时效亦应适用非人寿保险索赔时效的一般规定,《保险法司法解释(四)》第1 8条的特别规定应予废止。     

The Multi-Sectoral Thirlwall’s Law: evidence from 14 developed European countries using product-level data

The paper reports estimates of import and export functions for five technological sectors in 14 developed European countries. These functions have never before been estimated for developed countries adopting a technological classification of sectors. The paper compares estimates of income elasticities found using vector error-correction models employing aggregate deflators, with estimates found using cross-product panels employing product-specific quality-adjusted price indexes recently calculated by Feenstra and Romalis. The results indicate that the income elasticities of imports and exports are higher for medium- and high-tech manufactures, which suggests the importance of moving from the production of simple goods to the production of goods with high technological content. The estimates also suggest that the Multi-Sectoral Thirlwall’s Law holds for the countries analysed, while comparing the estimates revealed that cross-product panels with quality-adjusted prices generate considerably more robust results. The investigation reveals that using a more recent time period generates estimates of income elasticities of demand for primary products and resource-based manufactures that tend to be higher than the estimates found by studies that have used longer time periods, while the opposite holds for low-, medium-, and high-tech manufactures.     

车位的法律属性及其产权界定

伴随商品房的开发,有关车位的归属问题的纠纷不断涌现。而理论界有关车位的归属问题亦存有诸多争议。《中华人民共和国物权法》虽然对于车位的归属问题进行了界定,但尚有不周全之嫌。欲界定车位的归属问题,应当首先明确车位的法律地位。本文结合我国《物权法》的相关规定,对于不同情形下车位的法律属性进行探讨;同时,针对车位不同的法律属性,分别探究车位的归属问题。     

Wage Effects of Employment Protection Legislation in Taiwan

This study investigates the effects of employment protection on wages. The implementation of employment protection legislation increases employers' firing costs and reduces labor turnover, and, therefore, results in lower wages. Our empirical results show that the implementation of Taiwan's leads to a reduction in wages, the effects of which varies with the stringency of the law's enforcement. In addition, employment protection can lead to a decrease in wage dispersion, implying the worsening of job matches.