Challenge and Opportunity Go Hand in Hand——What Global Economic Agitation Brings to the China's Economy?

Domino effects of the global finance agitation As the origin of the subprime crisis,US financial institutions lost USS45 billion last year,accounted for over half of the total US,EU & Japan loss.Since January 15th,Chtigroup released its financial statement of the 4th quarter,showing a net deficit of USS9.83 billion,which marked the hisoric high of its quarterly deficit.     

S公司DPMO质量指标体系的建立

DPMO是度量过程质量水平的一个重要指标。文章研究建立在S公司DPMO质量指标体系的建立这个项目上,对DPMO质量指标在加工企业中的应用进行了研究。项目组在充分了解S公司P3车间生产和工艺特点的基础上,借鉴了IPC-7912中对DPMO的定义,结合了六西格玛管理的定义和改进本质,制定了一套适合该公司该车间的缺陷机会定义准则,建立了一套适合S公司P3车间的质量指标体系,取得了较好的效果。     

Assessing the impact of unilateral trade policies EBA and AGOA on African beneficiaries' exports using matching econometrics

The existing literature studying the impact of non‐reciprocal preferential trade agreements (NRPTAs) assumes implicitly NRPTAs are non‐randomly assigned without showing the evidence of that. Using a matching methodology, this paper investigates whether the “African Growth and Opportunity Act” (AGOA) and the “Everything But Arms” (EBA) unilateral trade concessions have had an impact, and in what magnitude, on the exports of African beneficiary countries in the light of the evidence of the non‐random nature (endogeneity) of NRPTAs. Methodologically, previous studies using the matching procedure focused on bi or multilateral trade agreements. Our work focuses on NRPTAs that depend only on donors' conditions. Accordingly, we show that for NRPTAs, gravity covariates cannot be used for the matching procedure. We propose to use political variables as determinants for obtaining non‐reciprocal trade preferences in order to address the endogenous nature of NRPTA assignment. Our main results confirm that a country becomes eligible for a NRPTA only when it meets certain conditions, defined by their donors, such as political stability and economic regulation (for AGOA), and freedom of expression and human development (for EBA). Results also show that both AGOA and EBA policies have had a positive impact on African beneficiary countries' exports to NRPTA's providers, even if the magnitude impact of EBA is significantly lower than that of AGOA.     

The role of accounting information in revenue management

Revenue management (RM) uses differential pricing and other techniques to manage customer demand for a company's products and services. It judiciously trades off yield and spoilage, and brings rational approaches to pricing for goods and services with a limited shelf life. Because many types of businesses find that growing revenue has a disproportionate impact on operating profits, firms that know and manage their customer base often achieve better bottom-line results by growing revenue rather than by cost-cutting. Initially developed as a marketing tool for pricing airline tickets, today's numerous RM applications can benefit from accounting tools that help assess whether applications will enhance operating profit and monitor their success in doing so. Knowledge of a firm's cost structure, operating leverage in particular, and when to treat RM adjustments as special orders, are the principal accounting lynchpins. Opportunity cost variances and insights from the theory of constraints contribute to effective revenue management/profit enhancement programs. Use of proper accounting information and analytic techniques can help a tolerated union of necessity between RM programs and firm strategy become a desirable marriage of mutual choice.     

植入式广告对观众品牌认知、记忆和购买意向的影响——关于真人秀节目《改头换面:家庭版》的实证研究

本文采用组内实验的设计,测试了真人秀节目《改头换面：家庭版》中的植入式广告的面积、位置、时间以及观众对于植入式广告的态度对观众的品牌认知、记忆和购买意向的影响。数据分析显示,植入式广告在电视节目中出现的时间长短对观众的品牌认知、记忆和购买意向均有显著影响,时间越长,观众越易于记住并购买该品牌。植入式广告的大小影响观众对品牌的认知和记忆,但对购买意向没有影响。植入式广告的位置影响观众对品牌的记忆,但对品牌认知和购买意向没有影响。观众对植入式广告的态度,无论是正面还是负面,对他们的品牌认知、记忆和购买意向都没有显著影响。     

宏观审慎视角下存贷期限错配流动性风险的识别与控制

存贷期限错配的流动性风险存在顺周期性与传染性,有必要从宏观审慎视角分析存贷期限错配流动性风险与系统性风险的关系。通过测算期限错配流动性缺口,对我国商业银行业资产占比很大的15家商业银行的存贷期限错配流动性风险进行识别,得出存贷期限错配流动性风险是2013年"钱荒"事件发生的重要导因的结论。采用适当的变量并通过面板回归模型分析,能够识别存贷款期限错配流动性风险的主要宏观影响因素和微观影响因素。因此,应从国家金融管理部门的外部控制和商业银行的内部控制两个方面控制存贷期限错配的流动性风险。     

欧债危机背景下江苏企业“走出去”的机遇与战略

欧债危机给转型期的江苏企业带来了良好机遇。江苏企业"走出去"亟需通过战略调整注入新的动力。省内企业要改变以往以低端要素加入全球价值链生产环节的状况,实现发展方式转型;利用全球的分工体系和产业链,获得更高效、更有价值的资源整合;以链条式结构向海外进军;在区域结构要形成"三角骨"构架。     

基于ARM的语音识别系统设计

本文基于当前嵌入式设备广泛应用的环境下,在语音识别技术的基础之上,设计了以ARM处理器为核心,Linux为操作系统的嵌入式语音识别设备。语音识别采用了流行的DHMM模型,并使用系统开销较小的Viterbi算法实现。总体来说,本文所设计的语音识别设备具有价格低、性能强、通用性好以及扩展能力强等优点。     

企业财务控制中存在的问题及成因分析

我国企业财务控制中存在着预算管理不完善,预算执行不力;资金控制混乱,资金流动不顺畅,运用效率低下,机会成本高;内部审计不到位,对会计人员的控制不理想;激励与约束机制不完善;缺乏有效的财务绩效考核机制等诸多问题,分析其形成的原因,能够对我国的企业财务控制理论与实践提供一点参考,从而促进我国企业财务控制的发展与完善。     

增发的时机:制度差异与含义

国外针对新股增发的研究表明,新股增发后会出现显著的业绩走低,这可能是由于经理往往会抓住产业高峰的时机进行增发所导致。中国证券市场的增发审批制度与国外完全不同,我们有兴趣的是,类似现象在中国是否存在,制度的差异是否限制了经理对增发时机的把握。本文通过实证研究,发现我国上市公司增发后并没有出现显著的长期业绩走低现象,可以由此推断:上市公司增发股价并没有被明显高估,也不存在公司经理利用产业高峰时机窗口进行增发的可能性。