A Study on Strategic Value Chain and Cost Driver and PEST Analysis Method

Strategic value chain analysis method can be adopted to analyze the existing cost causality so as to confirm and optimize the value chain. Strategic cost driver analysis method that is used on the income of the owners and daily operators, production and operating activities, administration, resources, culture, etc in an enterprise can further enlarge the strategic cost scope. For analysis of the enterprise and its external environment factor, PEST analysis is represented as the extroversive analysis of cost causality. Three analytical methods of different kinds having some commonness on cost causality analysis can be combined together to form the causality analysis method, which will expand the visual angle of analysis and help to establish the integral frame of strategic cost causality analysis.     

裂变营销属性：电商平台的创新、违法与传销犯罪

在“流量经济”与“用户思维”加持下,传销形态已发生异变。对于裂变营销属性的认定,应当通过非法传销的实质解读,提炼出传销的元模型,将具有非法传销外观的营销创新予以剥离,形成“拉人头+团队计酬”以及“收取入门费+团队计酬”的二元类型。同时,借助缓和的违法一元论,透视裂变营销中传销违法向传销犯罪的转化逻辑,明确二者之间“质”与“量”的区别。当本罪与诈骗犯罪或集资犯罪发生竞合时,应当充分发挥想象竞合的“明示机能”实现全面评价,并择重处罚。     

中央企业人力资源管理模式探讨

中央企业人力资源管理改革正在如火如荼进行,也取得了一定的成效,但还没有形成高绩效的人力资源管理系统。在中外人力资源管理模式的对比分析基础上,构建符合中央企业自身发展的人力资源管理模式,为中央企业持续稳定发展提供理论和实践依据。     

Shadow costs of incomplete information and short sales in the valuation of the firm and its assets

This paper presents a simple framework for the valuation of compound options within shadow costs of incomplete information and short sales. The shadow cost includes two components. The first component is the product of pure information cost due to imperfect knowledge and heterogeneous expectations. The second component represents the additional cost caused by the short-selling constraint. Information costs are linked to Merton's (1987. Journal of Finance 42, 510) model of capital market equilibrium with incomplete information, CAPMI. This model is extended by Wu et al. (1996. Review of Quantitative Finance and Accounting, 7, 136) who propose an incomplete-information capital market equilibrium with heterogeneous expectations and short sale restrictions, GCAPM. This model is used in our paper to provide for the first time in the literature analytic solutions for derivatives in the presence of both shadow costs of incomplete information and short sales.When deriving the compound call option formula, we consider a call option on a stock, which is itself an option on the assets of the firm. Our methodology incorporates shadow costs of incomplete information and short sales on the firm's assets as well as the effects of leverage in the capital structure. The formula can be useful in the valuation of several corporate liabilities in the presence of information uncertainty and short sales constraints about the firm and its cash flows. Our analysis can be used for the valuation of several real options.     

中国肉牛养殖生产布局的阶段特征、变迁路径和影响机制——基于2008—2019年省域统计数据的空间计量分析

[目的]为充分了解“十一五”“十二五”“十三五”期间中国肉牛养殖及育肥养殖生产布局的阶段特征、变迁路径和影响机制。[方法]文章运用2008—2019年中国各地肉牛年末存栏量和牛肉产量数据,利用生产集中度、生产重心迁移轨迹阐述生产布局的阶段特征和变迁路径,利用莫兰指数、吉尔里指数和G指数分析空间相关性,利用空间面板模型分析影响因素及效应。[结果]肉牛养殖生产重心向西北方迁移了154.6km,自2017年空间正相关逐渐显著,粗饲料资源禀赋、劳动力质量、技术进步和非农就业机会是布局变迁的重要影响因素;肉牛育肥养殖生产重心向西迁移了119.15km,三大指数均具有显著性,饲料资源禀赋、劳动力质量、技术进步、市场价格、交通通达度、畜牧产业比较优势和非农就业机会是布局变迁的重要影响因素。[结论]肉牛养殖和育肥养殖均呈现出由农区向牧区迁移趋势,且存在空间正相关性,但具体变迁路径和影响机制有所差异,就此提出“合理编制肉牛生产规划、系统加强流通环节建设、强化科学技术支撑、保障饲料稳定供应”的政策建议。     

企业会计信息质量的评价与鉴定

企业会计信息质量,特别是上市公司会计信息质量,近些年以来一直是社会关注的热点。什么是会计信息质量?如何评价与鉴定会计信息质量?既是理论问题也是实务问题。文章试图研究这些问题。     

高校岗位设置管理工作初探

科学进行岗位设置应结合实际,按需设岗,总量控制;制订科学合理的岗位任职条件;做好科学评审及聘后考核工作;统筹兼顾各学科共同发展;积极实施和规范合同管理。     

论城市行政执法的理论基础

目前有关城市行政执法问题的研究,更多地是从批判的角度思考问题,并且有相当部分的研究是结合案例进行的,这就导致了研究者在探讨问题时将自身置于事件之中,从而不可避免地将研究结论与个案联系在一起,导致研究成果的局限性.然而,城市行政执法不仅仅是行使处罚权的问题,还涉及到执法制度的构建等相关内容,应该放在一个行政执法大的框架下进行研究,探讨其理论基础和法律依据,理清城市执法的整体思路和制度设计思想.     

农产品流通环节的电子商务模式分析

现如今,电子商务已经成功应用于我国农产品流通领域,为其注入新的动力。本文拟以电子商务的发展为大背景,对当下农产品流通过程中的电子商务模式存在的问题进行分析,提出一种新型农产品流通业电子商务模式,以期推进我国现有农产品流通与交易方式的根本性变革,为电子商务环境下农产品流通模式的实施策略提出可行性建议。