金融自由化利益的纷争和实证分析

自麦金农和爱德华肖在1973年提出金融深化理论后的30年中，西方许多经济学家对金融自由化的利益倍加关注，并进行了激烈的论战。这些争论带给我们很多有益的启示：金融自由化是一种手段，而不是目的本身；自由化是相对的，过度开放和过度压抑同样都是有害的；金融自由化的后果可以是双重的，有些作用是相互抵消的；金融自由化与危机有关，但后并非前的必然结果。以金融全球化带来的负面影响否认金融全球化的效率和结果是一种偏见。     

论公司慈善捐赠中的利益冲突与平衡

公司社会责任一度引起公司法学者们的广泛讨论.作为商事主体的公司该不该进行慈善捐赠,怎样平衡公司捐赠中的各种利益冲突,如何建立起既鼓励捐赠又对其进行适当约束的制度安排,涉及到公司法理念的转变和公司内部制度合理化,是一个值得探讨的问题.     

浅谈我国女子高等教育的发展

建国后,我国女子高等教育取得了巨大的发展,但还没有真正实现"男女教育机会均等"的理念。通过分析现阶段我国女子高等教育的发展现状及制约因素,并结合实际和国际经验,提出为促进我国女性高等教育发展应采取相应的对策。     

债转股：对企业经营者产权约束的思考

在发达的市场经济条件下,股权代表控制权,股权约束比债务的约束更为直接,对陷入财务困境的企业实施债转股比迫其破产对银行更为有利;处于转轨改制阶段的中国,股权约束是较债务约束更软的约束形式,对陷入债务危机的国有企业,实施债转股能否化解银行的不良资产,有较大的不确定性。因此,在债转股的进程,生成有剩余索取权的监控主体,促使国有管理方式的变革以有确立规范的股份制等,是债转股新的功能定位。     

论人力资本的激励和约束机制

人力资本区别于物质资本的最本质特征就在于人力资本存在于个人体内,与其承载者不可分离,人力资本所有者对其自身人力资本的使用有最终的控制权。这一特性决定了人力资本在对企业的投资过程中可能出现不按照合约中规定把人力资本全部投入到企业的现象。因此,企业必须对其人力资本进行合理的激励和有效的约束,以保证物质资本所有者以及其他人力资本所有者的利益不受侵害。     

社会和谐发展环境下的企业社会责任

企业社会责任是企业、社会、政府三方相互制衡机制下,各相关利益主体间关系的重构.它的演进层次与实现过程依赖于社会经济的发展水平,是新的经济发展形态下"理性经济人"在面临"社会公众"的约束之下所做出的最优选择行动,它既是企业实现其经营目标的必要条件,也是当前我们构建和谐社会的关键.     

Information congruity in scarcity appeal: A structural equation modeling study of time-limited promotions

Although market scarcity such as time restriction is widely used in retail advertisements, its impact on product message processing and product evaluation is still subject to controversy. In this study, analyses through structural equation modeling indicated that (i) scarcity had no impact on product message processing, (ii) scarcity had a direct impact on product evaluation as a heuristic cue when the value inferred from scarcity was congruous with the worth derived from product message, and (iii) scarcity lost its impact on product evaluation when the value inferred from scarcity was incongruous with the worth derived from product message, and the incongruity prompted scrutiny of product message, resulting in a mediated impact of product message on product evaluation through product message processing. In conclusion, the results supported an information congruity theory of market scarcity.     

Housing Preferences of Temporary Migrants in Urban China in the wake of Gradual Hukou Reform: A Case Study of Shenzhen

In the wake of the recent announcement by the State Council concerning the provision of public rental housing across China, and the gradual reform of China's household registration system (hukou), this article explores how potential adjustments in government housing policies (namely access to public rental housing) influence the housing preferences of temporary migrants who are currently residing inside the chengzhongcun (urban villages) of Shenzhen. The results indicate that dissatisfaction with rental cost and living conditions in these urban villages are the key reasons for migrants wishing to move into public rental housing if it is offered to them — and not the fact that they are treated differently within the hukou system. Public rental housing is welcomed in particular by newly arriving migrants who live outside the Shenzhen Special Economic Zone (SEZ), and migrants who have decided to remain in Shenzhen for the foreseeable future. By contrast, dissatisfaction with urban villages is the sole contributor to housing preferences for those residing inside the SEZ.     

Home purchase restriction,real estate investment,and corporate innovation

It is ubiquitous for non-real estate firms to conduct real estate business in China. Home purchase restriction (HPR) affects corporate innovation by dampening the real estate investment of non-real estate firms. The extant literature has examined the impact of HPR on corporate innovation, but it has not focused on the expectation of HPR and the endogeneity problem. Employing a dataset of 1830 listed non-real estate firms over the period 2009–2016, this research explores the expectation of HPR on corporate innovation based on the motivations for real estate investment in non-real estate firms. We demonstrate that HPR facilitates the enhancement of research and development (R&D) investment in non-real estate listed firms by hindering real estate investment, particularly for non-high-tech firms. The effects of HPR arrive at the crest in the third implementation year and remain steady thereafter. The real estate investment of non-real estate firms rebounds and the R&D investment declines along with the cancellation of HPR. Tackling the selection bias and endogeneity problems, the baseline results are also robust. Hence, HPR should serve as a long-term vehicle to improving corporate innovation, in addition to preventing housing speculation.     

基金会制度与独立董事制度的完善

呼吁引进一个新的制度,即基金会制度,并且从我国实际出发,研究分析了基金会制度在解决独立董事制度中的难题作用。从基金会制度在独立董事的选任和激励约束制度中的作用来看,基金会应是一个独立的非营利性法人机构,将其融入独立董事制度中,能使许多问题迎刃而解。