The Path to Enhance Quality of Suspicious Transaction Reports for Anti-Money Laundering

反洗钱制度安排的一项核心内容是金融机构向反洗钱情报部门提交可疑交易报告。目前,金融机构可疑交易报告数量庞大而情报价值较低,已成为制约反洗钱工作开展的主要障碍。本文在分析可疑交易报告质量影响因素的基础上,给出了提升其质量的系统管理路径,包括完善报告制度、优化报告流程、实施风险管理、创新技术手段、拓展审计职能等。     

The Current Status, Advantages and Disadvantages, Path and Strategy Choice of RMB Internationalization

本文首先诠释了货币国际化的含义、衡量标准及决定因素;其次分析了人民币国际化的现状、进程及利弊;最后,根据当前的国际政治、经济、文化格局及货币国际化模式选择,认为人民币国际化将是一个漫长的过程,我国应采取渐进式的人民币国际化路径,在地域扩张、货币职能、演进历程上分别采取＂三步走＂的发展战略。     

The impact of supplier development on buyer competitive advantage: A path analytic model

As manufacturing firms increasingly realize that supplier performance is crucial to their establishing and maintaining competitive advantage, supplier development has been a subject of considerable research in supply chain management. We develop and test a path model to explore how supplier development practices affect buyer-supplier performance from the buying firm's perspective in the context of Hong Kong's electronics industry. The results show that top management, supplier evaluation, and supplier strategic objectives are significant determinants of transaction-specific supplier development, and that buyers that have closer collaborative relationships with suppliers may strengthen their competitive advantage.     

The internationalization of Australian banks

Since the 19th century, Australian banking has seen high inward and some outward flows of FDI. However, from the 1980s, Australian banks greatly expanded the scale of their FDI, their geographic scope and the range of products that they offered. This recent outward flow of FDI was the result of a complex and inter-related set of factors, including a push from a small and crowded Australian market and the pull of foreign wholesale and retail markets, that liberalization of trade and investment in financial services had made accessible. A combination of what Rugman (Inside the Multinationals: The Economics of Internal Markets, 1981, Croom Helm, London and Columbia University Press, New York) calls country-specific advantages (CFAs) and firm-specific advantages (FSAs), strongly influenced the ability of Australian banks to become successful MNBs. As the nature of international banking altered from the 1960s onwards, this overturned earlier forms of internationalization by Australian banks. Now banks had to acquire and absorb new knowledge to be able to operate effectively in new product and geographic markets.     

关于数学创造性思维能力培养的探讨

数学是思维的体操,是培养创新能力的重要阵地。文章在培养学生的数学创造性思维能力的方面提出了一些观点。     

Functional Itô calculus†

We extend some results of the Itô calculus to functionals of the current path of a process to reflect the fact that often the impact of randomness is cumulative and depends on the history of the process, not merely on its current value. We express the differential of the functional in terms of adequately defined partial derivatives to obtain an Itô formula. We develop an extension of the Feynman-Kac formula to the functional case and an explicit expression of the integrand in the Martingale Representation Theorem. We establish that under certain conditions, even path dependent options prices satisfy a partial differential equation in a local sense. We exploit this fact to find an expression of the price difference between two models and compute variational derivatives with respect to the volatility surface.     

历史制度主义视野下我国科技人才政策战略转型与变革逻辑

改革开放以来，我国科技人才政策历经恢复调整、初步确立、转型完善、深化改革到全面建设等5个发展阶段。基于历史制度主义分析范式，探究我国科技人才政策变革逻辑与动力机制。结果显示，路径依赖是我国科技人才政策保持结构稳定性与内在连贯性的基本阐释工具，体现在回报递增效应、多主体协作效应和制度场域自我强化等方面；关键节点在政治逻辑作用下成为科技人才政策变革的原始驱动力，其本质是在保证政治属性不变的前提下建构以绩效为核心的强制性制度变迁。进一步，在借鉴发达国家成熟经验的基础上，构建以“缓冲器”式中介组织为核心的行政认同、市场协调和学术本位之间的合理张力，进而推进利益相关者群体利益协调与整合机制成为我国科技人才政策不断自我革新的有效治理路径。     

高管改革开放经历与创新决策——基于风险承担和职业路径的双重调节效应

改革开放成长起来的企业家拥有哪些特质?这些特质会影响企业创新决策吗?通过手工搜集CEO背景数据,以2002-2015年沪、深A股上市的制造业和信息技术业为样本,采用静态面板回归、动态DID分析及2SLS检验等方法后发现,有改革开放经历的CEO会显著提升企业创新投资,且其个人风险承担和多元化的职业路径起着正向调节作用。进一步分析发现,与青少年和成年阶段相比,在童年阶段经历改革开放事件的CEO对创新投资的影响更明显;与国有企业相比,在民营企业中改革开放成长起来的CEO作用更显著。此外,改革开放成长起来的CEO将通过创新投资进而提高创新产出数量及质量。     

我国政府开发式扶贫资金投放效果的实证分析

本文构建了资金贡献绩效和资金投向绩效两个指标,利用数量经济方法对我国政府开发式扶贫资金投放效果进行评价。本文分析认为,应从引入市场机制、改善扶贫资金使用结构、重视扶贫路径选择、加强监督等方面改善我国政府开发式扶贫资金使用绩效。