跨国并购能推动我国商业银行经营效率改善吗?——来自我国四家商业银行2000-2008年跨国并购的考证

本文首先运用Malmquist指数方法对2000-2008期间跨国并购实施银行的经营效率进行测算,发现其经营效率改善与其跨国并购时间间隔长度有关,并且并购行为对技术进步和技术效率影响不同;其次,从盈利能力、成本控制能力以及风险规避能力三个方面对跨国并购影响度进行实证分析。结果表明,跨国并购对实施银行的盈利能力有不显著的影响;对其经营成本有显著的降低作用;对其成本控制能力明显的提高作用,但对其风险规避和管理能力却有明显的恶化作用。     

技术性贸易壁垒对中国建筑企业跨国经营影响研究

发达国家的建筑企业通常具有较强的技术积累和研究开发能力,能够融通资本进行变革性的研究开发和创新。发达国家为了使本国建筑企业维持较为长期的主导地位,通常立足于根本性创新,以建立或提高技术性壁垒。这为我国建筑企业跨国经营带来了巨大的障碍。本文分析了技术贸易壁垒的概念、类型,分析了技术贸易壁垒对中国建筑企业跨国经营的影响,并提出了我国建筑企业应对国外技术贸易壁垒的策略。     

中国跨国企业实施转移定价策略分析

我国企业从事跨国经营 ,更重要的是遵循跨国经营的国际规律和惯例 ,在世界市场上按照市场经济的原则 ,取得高于国内市场的利润 ,实现“利润最大化”。因此 ,借鉴西方跨国公司的经营方法 ,实施转移定价策略应是我国跨国企业的现实选择。     

跨国公司商业贿赂行为的法律规制

跨国公司商业贿赂所显现出来的危害性,已经超出了其所涉及的经济领域,对政治领域和社会生活领域也造成了巨大的冲击。因此,对跨国公司商业贿赂行为进行法律规制就是对全球经济一体化的有力保障,同时也能够对各国的廉政建设起到促进作用。     

跨国公司选址的影响因素及其对区域经济发展的启示

跨国公司的选址决策对于东道国的经济发展具有重要意义。然而,跨国公司在东道国的分布并不均匀,呈现出比较明显的地区差异。本文从区域条件、跨国公司的战略决策以及跨国公司和东道国之间的技术博弈三个方面研究跨国公司选址的影响因素,并就如何吸引跨国公司进入、融入全球价值链,促进区域经济发展提出了政策建议。     

跨国资本进入对福建省产业集中度影响的实证分析

跨国资本已成为福建省市场的重要参与者,在福建省市场中占有重要地位。随着跨国资本的大举进入,福建省市场过度竞争导致产业集中度下滑的趋势得到了有效遏制。尽管目前跨国资本的进入与福建省产业集中度的正相关效应尚不显著,但从趋势看,跨国资本的进入对提升福建省的产业集中度将起很大的促进作用,并存在“控市”的可能性。而对跨国公司的市场准入实行完全的或大规模的限制是不现实的;尽快发展壮大能与跨国公司抗衡的国内竞争者才是正确的选择。     

The double bottom line: Profit and social benefit

There is an important shift in business focus in the United States that is empowering companies to not only declare their intent to be ethical firms which do good while making a profit, but also to submit proof of that commitment for annual review by outside evaluators. A new business model is providing structure for non-profits that wish to grow, for for-profits that wish to be socially responsible, and for individuals who wish to invest in companies with a commitment to corporate social responsibility and sustainability. B Lab has taken the lead in providing the models necessary for this shift to a focus on the double bottom line: profit and social benefit. It has created the legal documents for state legislatures to use to pass a new corporate structure called the ‘benefit corporation.’ In the 3 years of its existence, legislatures in 19 states and the District of Columbia have ratified the new corporate structure. Likewise, B Lab offers a performance assessment program to become a Certified B Corporation, independent of legal corporate status, which also serves as an evaluation program for benefit corporations. Additionally, it has created a ratings agency and analytics platform, the Global Impact Investing Rating System (GIIRS), to help institutional investors evaluate the impact of companies’ corporate social responsibility initiatives. This article discusses the requirements and benefits of the new models and addresses the issues that have been raised about them. It also identifies companies that are incorporating the benefit corporation structure and are becoming Certified B Corporations.     

跨国公司与母国政府的协调问题——以海尔集团为例

跨国公司是母国重要的创汇来源,母国政府必须处理好与跨国公司的关系。就政府而言,充分发挥政府管理经济的职能,在政策、资金和技术方面支持跨国公司;就跨国公司而言,要不断进行技术创新,提高产品质量和信誉度,将自己做强做大。只有正确处理二者之间的关系,实现母国政府和跨国公司之间权利和义务的平衡,才能为中国创造更多的利润;也只有多创自己的世界名牌,中国才能从贸易大国发展为贸易强国。     

Challenging Confucius: Western banks in the Chinese credit card market

China has commanded a great deal of interest from virtually all U.S. business sectors. The Chinese credit card market is now particularly intriguing for Western banks. This article examines the strategic minefield that Western banks must navigate as they attempt to compete in the Chinese credit card industry. As an example, Bank of America (BOA)—fresh from purchasing a 9% interest in China Construction Bank (CCB) a few years ago—is now contemplating a joint venture with CCB. The new company will be tasked with leading the Chinese credit card market. Specifically, two questions are addressed: (1) whether the Chinese banking market is a sound option at this time; and (2) whether China affords an optimal environment for credit. The analysis yields several strategic lessons, and encourages caution on the part of Western bank executives as they enter the Chinese market. In particular, BOA officials must appreciate the timing of their joint venture's evolution. Additionally, BOA officials should strongly consider financial ventures other than credit, as Chinese culture should prove particularly resistant to serving as a profitable customer base in the short- and middle-timeframes.     

我国商业银行跨国经营分析——原因、现状和战略

我国商业银行跨国经营是随着我国经济融入全球经济程度日益提高的必然结果。有利于提高银行的经营管理水平和降低银行的地区经营风险，目前我国商业银行的国际化程度还不高。应该加快全球拓展的步伐，制定清晰的全球区位发展战略、海外业务发展战略和本地化战略。