股权分置改革视角下独立董事对议案事项监督机制研究

采用2005—2014年我国上市公司独立董事对议案事项意见的独特数据,从明确监管议案事项、非明确监管事项和股权分置改革等三方面深入考察其对独立董事出具否定意见的影响。研究发现,在我国上市公司中,对明确监管议案事项出具否定意见概率低,说明“逆淘汰”机制和“任人唯亲”董事会文化的存在使得监督效果大打折扣。同时发现,在股权分置改革后,独立董事对议案事项出具否定意见概率更低;出于规避法律风险的考虑,独立董事对明确监管事项出具否定意见的概率相对较高。因此,监管层应加强对各类议案事项检查力度而非仅仅明确监管事项;科学厘清独立董事在董事会决策中的责任边界,明确独立董事承担的法律风险。     

Board structure and CEO compensation: Evidence from U.S. lodging industry

Using a sample of U.S. lodging firms, this paper examines the relationship between board of director characteristics and chief executive officer (CEO) compensation. Previous research shows that larger boards are detrimental to the effectiveness of the board of directors and deteriorate the control imposed on CEO actions and pay. Board independence is also suggested as an important quality to emphasize the control on the CEO. We propose that U.S. lodging firms’ board of directors provide a nice setting to investigate the effects of size and independence on CEO compensation level. Our findings suggest that CEO compensation is not related to board size, and positively related to proportion of the outside board members. These findings are contrary to the findings of previous studies. Our findings may provide significant insights to lodging firms’ board of directors to structure efficient compensation packages.     

GVC下劳动密集型产业集群自主创新战略研究现状与趋势

国内外关于全球价值链（Global Value Chain,GVC）下产业集群自主创新的研究现状,主要表现在产业集群自主创新动力、优势、因素和实现自主创新路径等方面。趋势主要有创新主体由个体到区域的转移。创新产业由高新技术产业到劳动密集型产业的递进及研究方法的综合广泛运用。     

论区域差异化现代服务业的构建

在经济区域中,现代服务业的发展已成为衡量区域产业结构水平的一个重要标志,其发展与自主创新形成了一种互动的正向关系。一方面,自主创新是区域现代服务业实现的基础条件之一;另一方面,自主创新的实现也有赖于区域现代服务业提供完善的支撑。各经济区域应结合自身的特点和区情,通过自主创新,构建区域差异化现代服务业,加速推进区域经济发展。构建具有差异化的现代服务业,其重点在于发展知识密集型的生产性服务业。     

独立学院非英语专业学生英语自主学习能力的培养

根据《大学英语课程教学要求》,很多高校都在实施基于计算机和课堂的英语教学模式,将课堂教学与学生的自主学习结合起来。在传统的教学中,学生对于教师的依赖很大。因此学生自主学习能力的培养需要很长一段时间,尤其是在独立学院。自主学习首先要想学,然后才能学习如何来学。因此自主学习能力的培养需要先培养学生自主学习的愿望,然后再培养其自主学习的能力。独立学院侧重于应用型人才的培养,因此在自主学习能力培养的过程中,要因人制宜,结合其专业、未来择业、个人兴趣爱好、学习特点制定不同的计划,进行有侧重的培养,以最大程度的发挥学生的特长,满足未来工作的需要。     

谈利用科技情报促进企业自主创新

文章介绍了科技情报在企业自主创新中的重要作用,探讨了科技情报机构为企业服务的有效途径和方法,并提出新时期科技情报工作更好为企业服务的措施。     

Is regulatory adoption ceremonial? Evidence from lead director appointments

Research Summary: Regulatory bodies often wrestle with the thorny question of whether to mandate a governance practice or allow for organic adoption. While mandates afford rapid diffusion, we theorize that they also result in ceremonial adoptions. Leveraging a quasi‐natural experiment, we compare adoption outcomes for a governance practice—lead director adoption—that was mandated by the NYSE but not the NASDAQ. We find that NYSE firms are more likely than NASDAQ firms to have installed a lead director as a symbolic management tactic, so their lead directors are less effectual. We also find that transient institutional investors are deceived by this symbolic management, but dedicated institutional investors are not. Managerial Summary: Shareholders and analysts often desire to see companies introduce strict governance measures, such as proxy access and independent boards. Consequently, regulatory bodies often wrestle with the thorny issue of whether and when to mandate such practices for all companies. What they might not realize is that mandates may not work as well as they seem. Although more companies adopt reform under a mandate, they do so merely as a symbolic gesture. We look at one governance reform—appointing a lead director—finding that companies who introduce this reform as a result of a mandate appoint someone that is relatively toothless. We also find, though, that savvy investors are not actually fooled by this tactic and will trade out of firms that attempt such symbolic management.     

团队氛围、董事会内部沟通与战略绩效

本文在理论分析的基础上提出研究假设,通过问卷调查的方式搜集数据,以47家企业董事会454份有效问卷为样本进行实证研究,结果表明,团队氛围中的团队信任对董事会内部沟通具有显著的正向影响;团队氛围中的情感冲突对董事会内部沟通具有显著的负向影响;董事会内部沟通对企业战略绩效中的团队学习力、决策有效性和战略一致性均具有显著的正向影响。研究不仅丰富了董事会团队过程理论,而且能够有效地指导公司治理实践。     

上市公司董事会专业委员会的设立及其在中国的现状分析

董事会作为公司治理的核心,一直是国内外学者研究的热点。由于董事会本身的内生性缺陷,因此在董事会下设立相应的专业委员会作为常设机构来弥补董事会的自身不足成为公司治理的重要构架。在中国股份制改革下．许多上市公司的董事会依然欠缺独立性,而且专业能力不足。文章在介绍董事会专业委员会基本理论及有关国家经验的基础上,分析了董事会专业委员会在我国的发展现状．并提出了完善我国董事会专业委员会制度的建议。强调为强化上市公司董事会功能,设置专业委员会是必要之措施。     

独立董事制度在普通法系国家（地区）篚移植及其启示

1990年以后,许多普通法系国家（地区）引入了起源于美国的独立董事制度,以期加强公司治理,提高国家竞争力。这表明,在全球化背景下,不同国家的公司治理具有趋同的趋势。然而,从实施效果来看,这些国家（地区）的独立董事制度尚存在种种问题,其有效性与美国有一定差距。这又反映了公司治理制度移植以及全球趋同的困难性。