西方现代股利政策理论及实证研究回顾

本文对西方现代公司股利政策方面的理论和实证研究进行了一个综合性的回顾和分析。其中包括主流的股利行为模型、股利的信息内涵、代理成本、追随者效应,也包括国内研究中较少涉及的债务约束、声誉学说、成长机会和交易成本问题,以期对国内相对落后的股利政策研究和随意性较强的股利政策制定带来一定的借鉴意义。     

Uncertainty in the Austrian Theory of Capital

This paper is based on the traditional Austrian Theory of Capital which deals with expected values of future returns of investments over various periods of time. The longer the time period that elapses between the beginning of a production process and its end, the higher the (expected) productivity must be due to positive time preferences of individuals. This paper focuses on the uncertainty of future returns and on uncertainty preferences, instead. Based on the Hayekian idea of the dispersion of knowledge in society, it will be shown that there is a systematic relationship between the structure of capital and uncertainty. This result will be derived for a production process characterized by complete vertical integration and one which is not completely vertically integrated. The distinction between these two settings is crucial, if one accepts the distinction between an individual and a social period of production and the planning horizon which are introduced in this paper.     

无限缓存下自相似网络通信量复用策略

研究了自相似网络通信量的统计复用策略。首先讨论了在采用FIFO(First In First Out)服务策略且缓存趋于无限大时，满足一定溢出概率要求的统计复用带宽要求，然后对这种情况进行了仿真分析。研究表明网络通信量的自相似特性对复用增益有较大的影响，并且自相似性越强、复用通信量数量越大，所取得的复用增益越大，这对于网络设计是很重要的。     

基于三层交换技术的企业信息网络系统

采用三层交换技术,实现VLAN划分、高效的组播控制、流策略的管理和访问控制等功能是有效保证网络资源充分利用,建设高水平网络平台的重要技术措施。通过介绍交换技术的发展,提出了交换技术在企业网络中的应用方案。论证了在企业网络中第三层交换技术的应用是实现简单的网络发展和扩充,提供高性能、高可靠性网络的最佳方案。     

网络媒体与思想政治工作

网络媒体给思想政治工作带来了方便,也增添了难度,同时对思想政治工作者的素质提出了更 高的要求。在信息网络技术飞速发展的今天,必须重视和发挥网络媒体在思想政治工作中的作用。     

Whose Capital is It? Putting Owners Back in Control

John Bogle, founder of The Vanguard Group, looks at corporate governance issues. JEL Classification G3     

从博弈论看商务谈判僵局的本质和处理

商务谈判中的僵局是谈判双方都不愿看到但又不得不面对的难题。只有了解了商务谈判僵局产生的本质才能够更好地处理好谈判中的僵局。从博弈论的角度,对商务谈判僵局的本质进行了分析,指出在挖掘共同利益的过程中既可以寻求到瓜分共同利益的有效途径,又可寻找到共同利益与个体利益实现的最佳结合点。     

美国空军卫星控制网的现状与发展趋势

近几年的几场局部战争部分表明了现代军事航天系统的重要性。本文主要介绍了美国最重要的一个军事航天测控网－－空军卫星控制网的情况，希望能对了解美国军事航天测控体制有所帮助。     

Goals versus institutions: the development of performance measurement in the Swedish university sector

This paper contrasts goal-directed and institutional approaches to the development of performance measurement (PM) in the Swedish university sector, which has been subject to increasing emphasis on management by objectives since the early 1990s. We adopt a macro perspective, focusing on recent changes in PM related to governmental control of universities and colleges and combine an extensive review of archival data with interviews in our empirical analysis. It is concluded that although the goal-directed model cannot be completely rejected as a heuristic informing recent changes in PM, a process-orientated institutional perspective considerably enriches the analysis by making it less static and more contextually informed. In particular, the latter perspective better explains the evolution of loose couplings between formally stated goals and performance indicators and between different systems for PM by directing attention to the complex interplay between conflicting constituent interests in the evolution of resource and cost allocation practices and quality control procedures. However, our empirical analysis also leads us to reconsider the conceptions of loose coupling as either a “given” feature of institutionalised organizations or an outcome of more pro-active resistance at the micro level prevailing in much earlier work in institutional theory.     

黑龙江省医药销售企业现代化管理刍议

黑龙江省各医药销售企业规模日益扩大,伴随着信息技术在各行各业日益深入的应用,传统的手工记账已经不能满足日益增加的业务量的需要及进行有效控制和管理的需要.因此,应用现代财务软件已经势在必行.