Stand by me: Friends,relationship banking,and financial governance in Asia

While northeastern Asian economies have grown at a stellar rate over the past 4 decades, during the same period, bank officials and financial market participants have been charged with corruption, nepotism, and government meddling and have incurred high levels of non-performing loans. The close relationships between financiers and their clients, a part of Chinese society known as guanxi, has often been criticized as a key source of corruption in Northeast Asia finance. However, the complex nature of relationships in guanxi networks brings a good side to Asian finance in that reputational risk disciplines financiers, clients, and government officials. I delve into the personal side of Asian finance using the theoretical poles of transactional and relationship banking. Transactional banking is a top-down, hard-data impersonal form of financial contracting, while relationship banking is a bottom-up interpersonal form of banking that relies on softer data. I argue that relationship banking, which naturally fits into an Asian context, could engender a shift from bad behavior to good behavior to protect wealth, reputation, and friends. Contrary to conventional wisdom, guanxi may lead to better governance in banking and other areas of Asian finance as more information becomes available through numerous media outlets and as groups outside the banking sector (e.g., insurance companies, the press, auditors, and citizens) discipline bankers and their clients through ‘private monitoring.’     

Born with a silver spoon of legitimacy but struggling for identity? The paradox of emerging spin-offs in a new sector

This study examines one paradox of the spinning-off process—on one hand, a spin-off's affiliation with the parent firm provides legitimacy that it can leverage for success; on the other hand, a stronger affiliation with the parent firm makes it difficult for a spin-off to resolve identity ambiguity and develop its novel identity in a new sector. The context of this study is a spin-off created by a reputable manufacturing firm but venturing in the software sector. I highlight challenges faced by the executives in leveraging spin-off's legitimacy at the same time it seeks to move away from the parent for developing a new identity. I find that a combination of the processes of sensegiving by a proactive leadership and applied sensemaking by the members is critical in resolving identity ambiguity. The study further develops propositions that synthesize the findings and contribute to the literatures of identity, legitimacy, and entrepreneurship.     

Investigation on Dumpling Issue——Remarks from China's State Council Information Office

From the very beginning of the dumpling incident,China has pav great concernontheoroblem and moved rapidly to find the reason and take further actions.Series of investigations carried in both countries by co-organized experts'team received a primary fruit as the true picture of the incident.Each time,China IS sparing no effort responsibly to solve the products quality dilemma,which other countries face in the same.     

Technological Innovation and Its Impact on Business Model, Organization and Corporate Culture – IBM’s Transformation into a Globally Integrated, Service-Oriented Enterprise

This article investigates the influence of information and communication technology (ICT) on business transformation. First, the general, ICT-driven development lines of globalization and service-orientation are described. Then, an analysis of the IBM Corporation’s transformation over the past 50 years into a globally integrated, service-oriented company illustrates that ICT innovations must be dealt with by simultaneous adaptation of business model, organization and corporate culture. For many companies the ability to manage this change becomes increasingly critical.

大数据背景下小微物流企业公共信息平台的设计构想

大数据时代给小微物流企业既带来了机遇也带来了挑战。网络化经营是小微物流企业基本的运作模式,因此组建物流服务供应链是今后小微物流企业的发展趋势。从物流服务供应链的组建角度,提出了小微物流企业面临的多源信息融合和大数据驱动的决策优化问题。为政府提供构建公共信息平台整合企业供需信息的对策。在政府公共信息平台基础上给出了物流服务供应链的运作模型。     

Retention of latent segments in regression-based marketing models

Product design and marketing mix decisions for segmented markets depend crucially on the correct specification of marketing models used as input to these decisions. With real-world data, the true number of segments in a market is unknown. Current evidence from simulation studies suggests that the accuracy of commonly used criteria for determining the number of segments in a market depends on the usage context, including the type of distribution being used to describe the data, the model specification, and the characteristics of the market. This study investigates via simulation the performance of seven segment retention criteria used with finite mixture regression models for normal data. This is one of the most important analysis contexts in marketing research since regression models are used, for example, in conjoint analysis and market response analysis, yet no previous study in either the marketing or statistics literatures explores the segment retention problem for mixture regression models. The study shows that one criterion, Akaike's Information Criterion (AIC) with a per-parameter penalty factor of 3 (AIC3), is clearly the best criterion to use across a wide variety of model specifications and data configurations, having the highest success rate and producing very low parameter bias. Currently, this criterion is rarely, if ever, used in the marketing literature.     

论服务型政府在构建信息化农业供应链中的管理与服务职能

实施与发展信息化农业供应链,须以信息为纲绳,以供需关系为纽带,将农村分散的个体生产经营活动组织起来,实现农业生产要素和资源的集约化投入与市场化配置,并形成分工合作的"一体化"生产经营体系,为发展具有中国特色的现代农业提供途径.服务型政府对于信息化农业供应链,具有重要的管理职能与服务职能.在社会主义发展的初期阶段,信息化农业供应链的形成与发展,必须依靠政府提供的软硬件环境予以扶植、支撑与保障.     

国际商业银行组织结构研究:基于信息技术的视角

信息技术正以前所未有的速度和力度改变着国际银行业.本文主要探讨的是信息技术对商业银行组织结构所产生的深远影响.本文首先阐述了有关组织结构的信息处理观及组织结构的演进轨迹,接下来在分析信息技术对商业银行组织结构设计提出的新要求的基础上,提出了商业银行可选择的两种新型组织结构模式.     

信息沟在大学英语课堂教学中的应用

信息沟是人们进行交际的诱因和基础，也是语言习得活动的基本前提。大学英语课堂上创设信息沟有利于促进学生进行信息交流，实现语言的有效输入和输出，并在真正运用语言的过程中实现语言习得。可以运用信息沟的理论进行课堂教学，并在设计信息沟任务过程中应注意任务的适宜性、开放性、多样性、和趣味性[2]，以提高大学英语课堂教学效率。     

Intangible Economy and its Implications for Statistics and Statisticians*

This paper presents an interpretation of major changes affecting the modern economy. Our postulate is that the defining trend is the shift to the intangible. The source of economic value and wealth is no longer the production of material goods but the creation and manipulation of dematerialised content. The logic of dematerialisation is pervasive and ubiquitous and affects all sectors and activities. It profoundly transforms economic relationships and interactions, the ways firms and markets are organised and transactions are carried out. It is also unsettling, to the extent that it runs squarely against some of the key tenets of the conventional logic of economics. The intangible economy raises a whde series of measurement issues. More fundamentally, it changes the role, the function, and the perception of economic measurement data. Official agencies no longer have the monopoly of economic data: a lively and diversified measurement and monitoring industry has emerged. Statisticians need to undertake a comprehensive appraisal of their business. Adaptingto the new environment will require major changes in three key areas: conceptual foundations, modus operandi and temporal outlook. If measurement systems are to capture the essence of the economy of today and tomorrow, intangibles have to move from the periphery to the core of these systems.