Does servicification of manufacturing increase the GVC activities of firms? Case of India

Does greater use of services’ inputs in manufacturing increase the global value chain (GVC) activities of the firms? In this study, we analyse the effects of servicification on the GVC activities of manufacturing firms in India. Using panel data of 4608 Indian manufacturing firms from 2001 to 2018, we examine the effects of servicification of manufacturing firms on their decision to participate in GVCs. The study examines the overall service inputs in manufacturing activities and its impact on GVC activities of firms. The results indicate that servicification of manufacturing tends to have a positive impact on GVC activities of firms. We also observe positive impact on Indian small and medium enterprises (SMEs) to participate in the GVC through the servicification of manufacturing. Further, the results also indicate the differential impact of servicification between high- and low-technology industries.     

An emerging market multinational Company's internationalization: From original equipment manufacturer to global brand leader

We examine an emerging market multinational company's (EMNC's) transformation from an original equipment manufacturer (OEM) to an original brand manufacturer (OBM) and global leader. Our longitudinal study of Hisense—China's largest TV company (and the world's third largest) spans three decades and involves detailed interviews with over 50 executives. We study how the company's global value chain network evolved, how it reconfigured its organization, upgraded its capabilities, and enhanced its brand reputation. We develop propositions that may contribute to improved explanations for an EMNC's internationalization sequence, development of competitive advantages, overseas management practices, and brand building.     

The effectiveness of information interventions to improve domestic food safety among rural consumers

Consumer education on food handling behavior is regarded as an effective method to improve domestic food safety and prevent foodborne illness, but is usually overlooked in rural areas. Using a presurvey and two rounds of postsurveys targeted at rural consumers from China included in a randomized controlled trial, this study investigated the effectiveness of two information interventions—a leaflet with tips for best practices and the leaflet plus consumer education sessions conveyed by phone—and compared them with a control group. Cloth use behavior was the target in the trial and five specific aspects were evaluated: (1) whether the cloth was made of old clothes, (2) whether the one used to clean kitchen tables was also used to wash dishes, (3) whether it was hung to dry, (4) how it was disinfected, and (5) how long the cloth was used before being discarded. Firstly, consumers' behavior was scored by summing the above-mentioned five behaviors. The results estimated using the difference-in-difference model showed that respondents in the leaflet-only group improved to a greater extent than those in the control group, but their difference in progress was not statistically significant until the second round of the postsurvey. Respondents in the leaflet-plus-phone group were quicker to adopt suggested practices and made discernible improvements compared with those in the leaflet-only group in the first round of the postsurvey, but the gap between these groups narrowed to statistically insignificant in the second round of the postsurvey. It was concluded that one consumer education session was effective and made a difference in the long term, whereas more education sessions produced normative behavior at faster rates, showing a significant improvement in the short term. Then, the study estimated the effectiveness of interventions on the five specific behaviors separately. The results were estimated using a probit difference-in-difference model and showed that the suggested behaviors with lower costs or a greater difference from past behaviors were more likely to be adopted by consumers. Consumer education facilitates proper food handling practices among rural households, which should be considered by policy makers.     

论资产评估与会计的关系

资产评估与会计是既有区别又有联系的专业服务活动,本文通过讨论两者之间的关系,使我们明确会计提供以事实判断为主要内容的服务,资产评估提供以价值判断为主要内容的服务,它们都是现代市场经济赖以正常运行的基础服务行业。使我们更深刻地认识资产评估,更好地利用会计信息为评估服务,从而提高资产评估质量。     

价值、财富与分配"新四说"

目前，学术界在商品价值、社会财富和分配关系的基本理论研究方面仍没有取得共识。为了清晰地使有关价值、财富与分配的各种现象和本质联系都可得到圆满的科学说明，笔者提出“新四说”：各种生产性活劳动创造商品价值——活劳动价值说；全生产要素或经济要素创造社会财富或商品使用价值——全要素财富说；多种产权关系决定按资和按劳等多种分配方式——多产权分配说；按生产要素贡献分配的形式是要素所有者创造价值和财富并据此参与分配，而实质是按生产要素产权分配——按要素贡献的分配形式与实质说(按贡分配形质说)。     

价格歧视下四种市场类型的消费者剩余

市场按垄断程度由高到低可以分为四种类型：完全垄断市场、寡头垄断市场、垄断竞争市场和完全竞争市场。在发生二度价格歧视的情形下,这四种市场的价格歧视程度的定量结果是一个值得研究的问题。在二度价格歧视下,用微分法研究了一个垄断厂商市场情形,用博弈论方法研究了n厂商市场情形的均衡总产量,均衡价格,均衡总收益,总收益增长率,消费者剩余,厂商占有的消费者剩余率。最后把各种市场情形的上述指标归纳为统一的公式并详细分析了其性质。     

《小岭曹氏宗谱》宣纸研究史料价值及若干问题释疑

《小岭曹氏宗谱》是一部尤对宣纸研究有特殊史料价值的史籍,它给后人留下了有关宣纸经营、产区分布、重要宣纸人物和宣纸发展史上重大事件的记载,同时还引发了我们对历史上小岭曹氏历代遵行“口训”,长期有效地对宣纸技艺进行保密问题的思考。     

约束型政策对于生育性别选择行为的影响:基于TPB模型的解释

基于计划行为理论(Theory of Planned Behavior,TPB)模型,利用陕西省三个县区的调查数据,对约束型政策在生育性别选择行为决策当中的作用进行了分析。个人的儿子偏好态度、社会关系网络成员的儿子偏好态度仍然是生育性别选择行为的决定性影响因素,约束型政策对生育性别选择行为具有一定的影响,但十分有限。研究结论对于现阶段中国出生人口性别比的治理提供了一定的启示,指出包含查出两非、全程服务、利益导向和宣传倡导等在内的综合手段对治理出生人口性别比具有积极作用。     

C2C顾客忠诚度影响因素分析及对策

在C2C电子商务环境下,电子商店之间的竞争越来越激烈,顾客忠诚度尤为重要,是电子商店谋求长期发展的保证。本文分析了C2C时代消费者特征和影响C2C顾客忠诚度的因素,并提出了提升顾客忠诚度的相关建议。     

The effect of mergers and acquisitions on environmental,social and governance performance and market value: Evidence from EU acquirers

This study explores the effect of environmental, social, and governance (ESG) performance on market value and performance in the context of mergers and acquisitions. We examine whether acquisition of targets with better ESG performance can help acquirers to increase their own ESG performance and whether the market values the increased ESG performance positively. Moreover, we explore whether the acquisition of targets with better ESG performance affects the market value of acquirers. For this study, we utilize a sample of 100 European mergers and acquisitions between 2003 and 2017, for which matching data on the ESG performance of both the target and acquiring firms are available. Our results show that the postmerger ESG performance of the acquirer increases following the acquisition of a target that has higher ESG performance than that of the acquirer in the premerger stage, whereas the postmerger market value of the acquirer increases following an increase in the acquirer's postmerger ESG performance in relation to its premerger ESG performance. Finally, we provide partial evidence of a positive relationship between the postmerger market value of the acquirer and the acquisition of a target with higher ESG performance than itself in the premerger stage.