Reciprocity between soccer events and visited destination in a border context

ABSTRACT

The study proposes a conceptual model based on hypothesized relationships among team fanship, satisfaction with the event, and host city as antecedents of behavioral intentions in the United States–Mexico border context. The analysis used data from 290 visitors who attended three soccer games of the Xoloitzcuintles team of Tijuana. The results revealed (1) the emotions felt at the visited destination had significant influences on fanship, satisfaction with event venue, and intentional behavior; (2) fanship and event satisfaction do not seem to influence the visitors’ intentions to return and recommend the visited place; (3) gender and duration of the stay showed a significant moderating function.     

跨境电商对华商网络贸易的效应分析

在就跨境电商对华商网络贸易所具有的替代效应与互补效应进行理论分析的基础上,利用古诺模型分析市场均衡的结果及贸易效应,采用面板数据实证检验跨境电商对华商网络贸易的影响,结果表明跨境电商对华商网络贸易的互补效应大于替代效应：一方面,由于华商网络对出口贸易的影响尤为显著,而跨境电商平台又以出口贸易为主,从而跨境电商对华商网络出口贸易的影响较大;另一方面,跨境电商平台偏向于差异化产品贸易,因而跨境电商对差异化产品的华商网络贸易有着较大影响。也就是说,跨境电商对华商网络贸易的互补效应在出口贸易与差异化产品贸易上表现得尤为显著。     

Cross‐border mergers and acquisitions: The role of private equity firms

Research summary: We show that private equity ownership (“PE backing”) of the acquirer is a signal of deal quality in cross‐border takeovers. As such, PE‐backed acquirers experience higher announcement returns in cross‐border takeovers, but only if targets are in poor information environments. We show that PE backing is a positive market signal because of PE firms' experience and networks that result from prior deals in target countries. We document that the market correctly anticipates that operating performance of PE‐backed acquirers increases as a result of cross‐border mergers and acquisitions (M&A). Managerial summary: We study cross‐border acquisitions by acquirers that are partially owned by private equity firms (“PE backing”). Cross‐border acquisitions are challenging as acquirers often have little information about targets. We document that investors react positively to cross‐border deals of PE‐backed acquirers—their stock prices increase upon deal announcements. However, this is only the case if targets are in countries with poor information environments. This is because PE backing allows acquirers to access PE firms' deal experience and networks. This makes it easier to identify and evaluate good targets, making it more (less) likely that a deal eventually creates (destroys) value. Consistent with this, we find that earnings of PE‐backed acquirers increase after buying targets in poor information environments. Copyright © 2016 John Wiley & Sons, Ltd.     

遗产责任:概念、特征与研究议题

为回应学术界关于旅游研究范式转型中提出的旅游研究应更关注的公平与权利、道德与责任问题,根据遗产旅游的现实发展需要,研究以国际宪章与法规关于遗产责任的表述为出发点,根据遗产与遗产旅游的本质属性特征,借鉴企业社会责任和负责任旅游的概念界定方式,提出"遗产责任"的学术概念,并根据遗产与遗产旅游的内涵对遗产责任的特征进行了讨论。在此基础上,根据遗产旅游研究的核心问题提出了遗产责任研究的"什么是遗产责任""谁的遗产责任""不同的遗产责任行动对遗产价值再现和遗产旅游可持续发展产生什么影响"3大核心研究议题。     

林地承包经营权流转中存在问题与对策分析

在分析林地资源流转涵义的基础上,对林地资源流转现状进行了调查分析,指出林地资源流转中存在的问题,提出在森林资源市场化配置方面,政府应发挥调控作用,并进一步提出解决森林资源流转中存在的问题应采取的对策措施。     

新时期中越边境贸易有利条件与不利因素研究

在中越相继加入WTO及中国-东盟自由贸易区进程的启动新形势下,中越边境贸易获得了一些难得的历史机遇,但也面临着法制、财税管理机制和贸易规则等方面的约束和限制.中越边境贸易的发展前景光明、道路却不平坦.     

浅谈国内外生态建筑的发展状况

生态建筑作为建筑界积极迎接可持续发展挑战做出的选择,是建筑界为应对能源危机和生态危机所做出的积极回应。国外对生态建筑的理论研究和实践探索已经历了相当长的时间,取得了丰硕的成果;而生态建筑在我国由于种种原因尚在起步阶段。当前我国生态建筑的研究缺乏广泛的实践,生态建筑研究的经济合理性始终不能解决,生态建筑应当符合地方自然、社会、经济、资源条件等。     

我国商品林业发展问题和对策

当前,我国商品林业以市场化的形式进行建设,取得了令人瞩目的成绩,但是也存在一些问题。认为,为促进商品林业健康发展,当前重点要采取强化地方林业部门的职责和决策权,优化林业项目的评估方式,减轻贫困地区商品林业项目的配套资金压力,降低贷款条件、延长还款期限,合理确定林业项目的物资采购方式等措施发展我国商品林业。     

Social networks and small business performance in West African border regions

This paper studies the links between economic performance and social networks in West Africa. Using data collected on 358 small-scale traders in five border markets, we show that social networks can be simultaneously a resource which positively contributes to labour market outcomes and a social burden that has a negative economic impact. Testing the effect of social networks between small traders and three categories of actors, we find that the most well-connected actors are also the most successful in terms of monthly profit. The effects of social networks are, however, dependent on the type of persons with whom traders are connected. We show that support received from state representatives and politicians is converted into economic performance, while the impact of law enforcement officers on the monthly profits of traders is not significant. We also find that interacting with traditional religious leaders has a negative effect on economic performance. Our work has two implications: Firstly, collecting data on social networks remains challenging due to endogeneity. Secondly, network-enhancing policies should aim at improving both the internal connectivity of economic actors at the local level and their external connectivity with the rest of the world.