当前我国政府推动自主创新中的行为错位及其政策建议

提高自主创新能力,建设创新型国家是我国当前我国政府科技工作的重要任务。政府作为推动自主创建设的一个重要主体,具有举足轻重的作用。政府在行动时正确定位、并在重点工作领域内以适当的工作方式发挥作用非常关键。通过实证研究和分析,我们发现当前我国政府在推动自主创新,建设创新体系时存在一些问题和不足,主要是对自主创新认识的落后,科技投入不足和管理体制落后等。所以我国政府必须采取措施创造有利于自主创新的体制机制和政策环境,通过引进创新和自主创新结合,推进自主创新建设。     

组织内信任对任务绩效的影响效应

We studies the relationship between organizational trust and work performance through questionnaire method. By establishing six nested models and two non-nested models and comparing them with the hypotheses model, we find that an employee’s trust in his/her immediate superior, co-workers, and the top manager all exert positive influences upon his/her work performance and these influences are independent and supplementary to one another. We also discuss the complex effects of an individual’s perception of different organizational members upon their behaviors. It is found that the influence of an employee’s trust in top manager upon individuals’ job performance is partially mediated by his/her trust in immediate superiors. __________ Translated from Xinli Xuebao 心理学报 (Acta Psychological Sinica), 2006, 38(5): 770–777     

Capacity Constraints and Hedge Fund Strategy Returns

Hedge funds have generated significant absolute returns (alpha) in the decade between 1995 and 2004. However, the level of alpha has declined substantially over this period. We investigate whether capacity constraints at the level of hedge fund strategies have been responsible for this decline. For four out of eight hedge fund strategies, capital inflows have statistically preceded negative movements in alpha, consistent with this hypothesis. We also find evidence that hedge fund fees have increased over the same period. Our results provide support for the Berk and Green (2004) rational model of active portfolio management.     

外资并购中国上市公司绩效的实证研究

本文在借鉴参考已有研究方法的基础上,采取会计研究方法,选取外资并购上市公司并购前一年、并购当年和并购后一年的净资产收益率、主营业务收入增长率和流动比率3个财务指标来作比较,以这三个财务指标的变化来衡量并购产生的绩效,从外资并购的整体情况、跨国公司所处的股东地位和并购类型来分类说明外资并购中国上市公司的绩效,得出了上市公司被外资并购后,短期内需要整合资源实现净资产收益率的提高;并购后上市公司扩大了生产规模,经营收入快速增长;跨国公司所处不同的股东地位和不同并购类型都对并购绩效有影响。     

How supply chain oriented is the port sector?

The current literature recognizes the relevance of supply chain orientation for ports and terminals. However, there is very little empirical study on the issue, particularly in relation to whether in fact ports are supply chain oriented. This paper contributes to the empirical literature by considering the port of Incheon as a case in point and by measuring the degree of its supply chain orientation based on certain valid indicators drawn from the current literature. Further, unlike the previous empirical literature, this paper examines both operator and user perspectives. The findings of this study have significant strategic policy implications and shed more light on the role of supply chain orientation in practice.     

Stigma and Settling Up: An Integrated Approach to the Consequences of Organizational Misconduct for Organizational Elites

In this article, I address the question of the apportionment of the consequences of organizational misconduct to individual members of the organizational elite. I argue that this process can be best understood by marrying the behavioral aspects of stigma theory to the economic mechanisms of ex post settling up. Viewed in conjunction with stigmatization, ex post settling up following organizational misconduct can be seen as the result of attempts to avoid stigma by association. Efforts at stigma avoidance on the parts of various stakeholders produce the diminished social interaction associated with ex post settling up: departure from the focal firm, and loss of seats on other boards. This also suggests that the process of stigmatization, and hence ex post settling up, can be influenced by characteristics of social interaction unrelated to the misconduct itself. Jo-Ellen Pozner’s research addresses the social processes that differentiate what is legitimate from what is illegitimate in organizational practice, and how changing definitions of legitimacy affect organizations and individuals.     

Corporate Sustainability Performance and Idiosyncratic Risk: A Global Perspective

Does investing in sustainability leaders affect portfolio performance? Analyzing two mutually exclusive leading and lagging global corporate sustainability portfolios (Dow Jones) finds that (1) leading sustainability firms do not underperform the market portfolio, and (2) their lagging counterparts outperform the market portfolio and the leading portfolio. Notably, we find leading (lagging) corporate social performance (CSP) firms exhibit significantly lower (higher) idiosyncratic risk and that idiosyncratic risk might be priced by the broader global equity market. We develop an idiosyncratic risk factor and find that its inclusion significantly reduces the apparent difference in performance between leading and lagging CSP portfolios.     

城市“农改超”制度创新与市场组织化的耦合分析

当社会经济环境发生变化，现存制度安排下存在无法获得的潜在利润，传统的市场形式不适应组织发展的目标要求，产生了农产品连锁超市经营替代传统城市农贸市场交易的制度创新过程。并且这一过程伴随着市场交易组织的生成和演进，市场组织化的努力和新的制度规则的确立都是通过交易组织的组织规则的确定和组织的绩效的改进实现的。因此，“农改超”的过程表现为制度创新和组织创新，是制度创新与市场组织化彼此耦合的发展过程，     

我国企业绩效管理分析

绩效管理是帮助企业维持和提高生产力,实现企业战略任务和目标最有效的手段之一,它日益成为组织人力资源管理的重要手段。但目前,绩效管理问题又被公认是困扰企业经理人的首要问题。