房地产财务管理工作中关键环节的有效控制研究

房地产行业是国家经济中重要的支柱性产业之一,其发展十分迅速。随着国家陆续出台对房地产行业宏观调控的政策,房地产企业之间的竞争也在逐渐加剧,使很多房地产项目的开发面临着财务风险和资金压力。因此,房地产企业应该结合自身发展情况,在企业管理工作中制定对关键环节有效控制的相关制度,从而使得房地产企业实现可持续性发展。     

房地产企业会计内控制度的建立和完善探究

通常,房地产企业开发的项目进展期限较长,而且受到投资量大的影响导致房地产企业面临的风险较高。所以,房地产企业必须创建高效的内控制度,进而使得房地产企业的发展项目和发展目标均保持可持续发展的理念。会计内部管控在房地产企业内部管控中占据重要地位,能够高效减少房地产企业的基础成本,增强房地产企业在市场中的竞争优势,继而保证房地产企业完成预期的目标。论文对房地产企业会计内控制度的创建和改善展开了深度的研究和归纳总结,期望为房地产企业的发展提供一定的借鉴。     

新形势下完善房地产企业财务管理的研究

对于房地产企业来讲,资金运作对企业的生命周期以及工作都会产生至关重要的影响,而在资金运作过程中,财务管理工作是重中之重。因此,在现代化发展背景之下,房地产企业如何就融资渠道以及资金使用效率进行提升,并对施工过程中的预算成本进行控制,是财务管理工作需要重点解决的问题,这样才能够从根本上改善房地产企业的资金运作效率,提升房地产企业的可持续发展水平。因此,论文对新形势发展背景下房地产企业的财务管理工作优化措施进行论述。     

Human–capital investment and the wage gap

Summary. According to empirical studies, the wage differential by skills evolved non–monotonically in the past decades although the relative supply of skilled labor steadily increased. The present paper provides a theoretical explanation for this finding. In our setting, technological change intertemporally alters the human–capital investment incentives of heterogeneous individuals. As a consequence of changing incentives, the time path of the relative wage is U–shaped while there is a rise in the share of skilled workers. Received: November 28, 2000; revised version: January 30, 2001     

房地产还原利率的构成与测算

从分析投资的风险补偿入手，提出了房地产还原利率的构成和测算公式，同时指出了构成房地产还原利率的银行利率应是复利计算方式下，相应年期的利率，然后探讨了房地产还原利率各构成部分的测算过程，并以中国房地产市场个人住房抵押贷款市场为例，给出了不同收益年限的房地产还原利率参考数据。     

投资决策中个人理性与集体理性博弈分析及对策研究

针对近期多起曝光的企业对外投资、担保大案,本文应用博弈论分析方法,在强调个人理性与集体理性矛盾的基础上研究投资决策中两者的完全信息博弈及无限阶段重复博弈,并建立相应的定量分析模型,通过分析博弈参与人均衡行为,指出投资决策中寻租的存在的必然性及巨大危害,并针对性的提出了适合实际操作的对策建议.     

Evaluating investment projects in the presence of sectoral linkages1

In this paper we develop a framework to assess the economic impact of foreign investment projects. If investment projects interact with other industries in the host economy, either by buying inputs locally or by selling their own product to local downstream firms, they can create sectoral linkages. The expansion of upstream and downstream industries can feed back to the project's own industry leading to a further expansion of the local industry. We study the circumstances under which investment projects lead to the creation of sectoral linkages and characterize the factors that determine the project's welfare impact. We link analytical findings to case studies undertaken for the EBRD.     

Investment opportunities and cash holdings of firms: an empirical study on Korean firms

We find that the cash flow sensitivity of cash holdings of firms whose investment opportunities are lower is significantly higher by examining a panel data of 898 Korean firms for 1999–2014. The cash flow sensitivity of investment is also found to be lower in case of low investment opportunity. Both findings suggest that firms decide to hold cash in response to an increase in cash flow when they do not have a good investment opportunity. Precautionary motive because of financial constraints and uncertainty, and agency problems, however, are not associated with the cash flow sensitivity of cash holdings. These findings imply that it is necessary to develop new investment opportunities to encourage firms to spend more cash in Korea.     

On wage- and profit-led demand regimes: learning from the evidence

Abstract

This paper contributes to the empirical research around the “wage-led” or “profit-led” demand regimes. It first reviews how Kalecki, and then Steindl, approached the relationship between economic growth and income distribution. Then, empirical analysis carried out under the probabilistic approach to econometric modeling shows statistical evidence, estimated through cointegration analysis, that in the long run, in three very open economies—Mexico, France, and Korea—the wage share is positively associated with demand and output. It finally discusses the macroeconomic dilemma that almost all countries have to face, i.e., a positive effect of a high-wage policy on demand and employment may diverge from a negative effect on output compatible with external equilibrium.     

基于顾客需求的物流地产价值创新

借助对物流地产与商业地产、工业地产的比较分析,探讨了物流地产的内涵,对普洛斯的物流地产运作模式进行了案例分析,并对其物流地产的价值创新战略进行了阐释。