Does servicification of manufacturing increase the GVC activities of firms? Case of India

Does greater use of services’ inputs in manufacturing increase the global value chain (GVC) activities of the firms? In this study, we analyse the effects of servicification on the GVC activities of manufacturing firms in India. Using panel data of 4608 Indian manufacturing firms from 2001 to 2018, we examine the effects of servicification of manufacturing firms on their decision to participate in GVCs. The study examines the overall service inputs in manufacturing activities and its impact on GVC activities of firms. The results indicate that servicification of manufacturing tends to have a positive impact on GVC activities of firms. We also observe positive impact on Indian small and medium enterprises (SMEs) to participate in the GVC through the servicification of manufacturing. Further, the results also indicate the differential impact of servicification between high- and low-technology industries.     

An emerging market multinational Company's internationalization: From original equipment manufacturer to global brand leader

We examine an emerging market multinational company's (EMNC's) transformation from an original equipment manufacturer (OEM) to an original brand manufacturer (OBM) and global leader. Our longitudinal study of Hisense—China's largest TV company (and the world's third largest) spans three decades and involves detailed interviews with over 50 executives. We study how the company's global value chain network evolved, how it reconfigured its organization, upgraded its capabilities, and enhanced its brand reputation. We develop propositions that may contribute to improved explanations for an EMNC's internationalization sequence, development of competitive advantages, overseas management practices, and brand building.     

论资产评估与会计的关系

资产评估与会计是既有区别又有联系的专业服务活动,本文通过讨论两者之间的关系,使我们明确会计提供以事实判断为主要内容的服务,资产评估提供以价值判断为主要内容的服务,它们都是现代市场经济赖以正常运行的基础服务行业。使我们更深刻地认识资产评估,更好地利用会计信息为评估服务,从而提高资产评估质量。     

价值、财富与分配"新四说"

目前，学术界在商品价值、社会财富和分配关系的基本理论研究方面仍没有取得共识。为了清晰地使有关价值、财富与分配的各种现象和本质联系都可得到圆满的科学说明，笔者提出“新四说”：各种生产性活劳动创造商品价值——活劳动价值说；全生产要素或经济要素创造社会财富或商品使用价值——全要素财富说；多种产权关系决定按资和按劳等多种分配方式——多产权分配说；按生产要素贡献分配的形式是要素所有者创造价值和财富并据此参与分配，而实质是按生产要素产权分配——按要素贡献的分配形式与实质说(按贡分配形质说)。     

《小岭曹氏宗谱》宣纸研究史料价值及若干问题释疑

《小岭曹氏宗谱》是一部尤对宣纸研究有特殊史料价值的史籍,它给后人留下了有关宣纸经营、产区分布、重要宣纸人物和宣纸发展史上重大事件的记载,同时还引发了我们对历史上小岭曹氏历代遵行“口训”,长期有效地对宣纸技艺进行保密问题的思考。     

C2C顾客忠诚度影响因素分析及对策

在C2C电子商务环境下,电子商店之间的竞争越来越激烈,顾客忠诚度尤为重要,是电子商店谋求长期发展的保证。本文分析了C2C时代消费者特征和影响C2C顾客忠诚度的因素,并提出了提升顾客忠诚度的相关建议。     

The effect of mergers and acquisitions on environmental,social and governance performance and market value: Evidence from EU acquirers

This study explores the effect of environmental, social, and governance (ESG) performance on market value and performance in the context of mergers and acquisitions. We examine whether acquisition of targets with better ESG performance can help acquirers to increase their own ESG performance and whether the market values the increased ESG performance positively. Moreover, we explore whether the acquisition of targets with better ESG performance affects the market value of acquirers. For this study, we utilize a sample of 100 European mergers and acquisitions between 2003 and 2017, for which matching data on the ESG performance of both the target and acquiring firms are available. Our results show that the postmerger ESG performance of the acquirer increases following the acquisition of a target that has higher ESG performance than that of the acquirer in the premerger stage, whereas the postmerger market value of the acquirer increases following an increase in the acquirer's postmerger ESG performance in relation to its premerger ESG performance. Finally, we provide partial evidence of a positive relationship between the postmerger market value of the acquirer and the acquisition of a target with higher ESG performance than itself in the premerger stage.     

我国服务业增加值的核算问题

本文集中讨论我国服务业增加值估算中存在的问题。由于历史原因和服务业本身的一些特点 ,我国现价服务业增加值被严重地低估了 ,服务业增长率计算也可能存在着偏差。对服务业增加值的以往研究均受到基础数据的限制而未能根本地解决这些问题。服务业统计核算的缺陷严重地阻碍着经济分析和经济决策。因此 ,改善我国服务业统计核算是当务之急。从长远的角度来说 ,服务业增加值核算的改善在很大程度上取决于统计调查的完善。但是 ,在现有的条件下 ,仍然有很大的改善余地。     

Efficiency in coalition games with externalities

A natural extension of superadditivity is not sufficient to imply that the grand coalition is efficient when externalities are present. We provide a condition, analogous to convexity, that is sufficient for the grand coalition to be efficient and show that this also implies that the (appropriately defined) core is nonempty. Moreover, we propose a mechanism which implements the most efficient partition for all coalition formation games and characterizes the resulting payoff division.     

旅游资源价值评估问题探析

旅游资源价值评估是目前旅游资源学、资源经济学和环境经济学等学科研究的热点和难点。本文在介绍旅游资源价值评估的理论基础上,回顾了旅游资源价值评估的国内外研究进展,详细介绍了TCM和CVM两种经典评估模型,并在此基础上提出了目前旅游资源价值评估存在的三大问题：第一,旅游资源价值构成体系尚未形成统一的认识,本文在参考已有的价值分类系统基础上,提出了旅游资源价值构成体系；第二,现有价值评估方法有待深入研究,本文指出了旅行费用法(TCM)和条件价值法(CVM)两种经典评估模型的不足；第三,旅游资源价值动态变化的影响因子体系尚未明确。