心理契约破坏不利于组织认同?

在探讨心理契约破坏对员工组织认同影响中,可探讨以领导成员交换为中介变量和互动公平氛围为调节变量在此关系中的作用。通过对中小科技型制造企业的354名员工调查研究发现,心理契约破坏对员工组织认同有显著的负向影响;员工领导成员交换部分中介心理契约破坏对组织认同有负向影响;互动公平氛围调节心理契约破坏与领导成员交换有负向关系;进一步,互动公平氛围既调节心理契约破坏对组织认同的直接影响,也调节了心理契约破坏经过领导成员交换对组织认同的间接影响。     

我国地下金融监管困境的博弈分析

20世纪90年代以来我国地下金融规模急剧扩大。地下金融一方面促进了经济增长,另一方面对正常的经济金融构成危害。虽然我国有关监管机构对地下金融进行严厉监管,但收效不大。文章论述了我国地下金融的成因、规模和利弊,并从不完全信息动态博弈的角度分析了我国对地下金融的监管中存在的问题,指出了如何打破地下金融监管困境的方向。     

Banking with nominal deposits and inside money

Bank runs in the literature take the form of withdrawals of demand deposits payable in real goods, which deplete a fixed reserve of goods in the banking system. That framework describes traditional bank runs based on currency withdrawals as occurred historically in the US and more recently in developing countries. However, in a modern banking system, large withdrawals typically take the form of electronic payments of inside money, with no analog of a depletion of a scarce reserve from the banking system. In a new framework of nominal demand deposits repayable in inside money, pure liquidity-driven bank runs do not occur. If there were excessive early withdrawals, nominal deposits would hedge the bank and flexible monetary prices in the goods market would limit real consumption. The maturity mismatch of short term liabilities and long term assets is not sufficient for multiple equilibria bank runs without other frictions. A key role of the bank is to ensure optimal real liquidity, which allows markets to optimally distribute consumption goods through the price mechanism.     

薪酬合约的激励有效性研究:一个理论综述

薪酬激励是组织中最常用的激励手段之一，薪酬合约的激励效果直接影响组织效率。本文尝试用激励理论系统阐述各类薪酬合约的激励有效性条件，为这方面研究梳理出一个统一的理论框架。     

不完全合同、退出的激励平衡和控制权转移

文章针对创业资本退出时控制权转移问题,构建了基于不完全合同理论的分析框架。首先,文章在合同完全和不完全两种情况下分析了创业投资中的相机控制,得出这种制度安排的根源在于投资双方的激励不平衡的结论;其次,文章分五种情况具体探讨了控制权如何进行转移。     

The role of geographic distance in completing related acquisitions: Evidence from U.S. chemical manufacturers

Acquisitions often do not reach completion when buyers' initial evaluations change during post‐announcement due diligence investigations, but research offers only limited explanations for when such deal‐cancelling new information will be most common. Drawing from the spatial geography and acquisition strategy literatures, we argue that successful completion of acquisitions can be partially explained by their spatial characteristics. We start by predicting that geographic distance has a particularly strong impact in reducing the likelihood of completing related acquisitions; we then identify contingencies based on multiple forms of direct, contextual, and vicarious experience that can help acquirers overcome the constraints of distance. We test the arguments with a sample of 1,603 domestic acquisitions announced by 724 U.S. chemical manufacturing firms between 1980 and 2004. Copyright © 2015 John Wiley & Sons, Ltd.     

The timeliness of performance information in determining executive compensation

We study whether boards of directors concentrate on performance near compensation decision times rather than providing consistent incentives for chief executive officers (CEO) throughout the fiscal year. We show empirically that managers can profit by moving sales revenue among fiscal quarters. Though this may suggest that boards use short-term trends when determining rewards, we find evidence consistent with boards tying pay to recent sales growth so as to use the best information about future performance. We also find that the timing of profits throughout the year does not affect CEO pay, which may suggest that smoothing firm income is important to CEOs.     

建造合同新准则应用研究

建造合同,是指为建造一项或数项在设计、技术、功能、最终用途等方面密切相关的资产而订立的合同。2006年2月财政部发布了新的《企业会计准则》,实现了与国际会计准则的趋同。其中第15号准则——建造合同,对建造合同的确认、计量和相关信息的披露进行了规范,对施工企业的管理与职业判断提出了更高要求。本文通过对比新旧建造合同准则以及旧的施工企业会计制度,分析了施工企业在执行新建造合同过程中遇到的重难点问题,对其解决途径进行了探讨。     

论倒签提单的法律性质

倒签提单是海上贸易中常见的一种行为,因倒签提单引起的争议案件也常有发生,严重扰乱了正常的国际贸易秩序。虽然倒签提单在我国的司法实践中通常被认定为一种侵权行为,然而在学术界关于倒签提单的性质仍然存在不同的观点。通过对诸多观点的分析与评价,提出对倒签提单法律性质的看法。     

Moral economics

An adequate normative economics – one that is consistent with recent developments in our discipline (and in philosophy and psychology) and that resonates with widely held moral intuitions – will have to address the following challenges. First, utility cannot be both the basis of our predictions of economic behaviour and the evaluation of the outcomes of this behaviour. Second, we need to conceive of individual well-being and other desiderata in ways that are interpersonally comparable and that go beyond efficiency and fairness. Third, the representation of the economy as a ‘morality-free zone’ (requiring that contracts, including employment contracts, are complete) must give way to a recognition of the unaccountable exercise of power by private actors, even in a perfectly competitive equilibrium, and the way that this may violate democratic principles and limit the freedom and compromise the dignity of other actors. Fourth, the commitment to ‘liberal neutrality’ (thereby sidestepping the evaluation of preferences) and the related assumption of ‘unrestricted preferences’ in mechanism design and public policy must be abandoned, making room for a concern about the nature of our preferences and the ways that institutions shape our values.