Supervisor and Market Analysts: What Should Research be Seeking?

This article is primarily directed towards examining the desirability of incorporating market signals in the process of supervision of commercial banks by regulators and insurers. But the ideas developed here can also be applied to the general problem of using market information to assess the solvency and safety of any financial or non-financial institution.Market prices and yields of securities anticipate actions by regulators, central banks, and other players due to the fact that such actions may materially influence the risk and the expected return associated with investment decisions pertaining to those securities. It is well known that the yield curve of government securities such as T-bills, T-notes and T-bonds reflect the market's consensus regarding the actions that the Federal reserve may take as they pertain to the valuation of such securities. The extent to which the market has already discounted the future actions of the central bank will no doubt play a role in the way in which the central bank may think about its actions, its actual effect and how it relates to its intended effects.The extent to which market prices can provide useful guides depends on the underlying market structure and the practices in the industry.While markets may do lot of the hard work in aggregating and incorporating future actions, the task of supervision and regulation can never be put on automatic pilot. Ideally, supervisory policies should effectively combine the market signals with initiatives that serve to maintain the safety and the soundness of the underlying markets. I will begin by exploring the extent to which equity prices may be used as a signal of bank credit risk. I will then explore the advantages and disadvantages of using subordinated debt securities to derive a market signal.     

Antecedents of mandatory customer participation in service encounters: An empirical study

The literature on service quality and customer loyalty has long focused on enhancing the work of service providers. This study examined “the other side of the coin” in service co-production or value co-creation in service encounters by investigating how service providers might take a proactive approach to building relationships based on mandatory customer participation (MCP). The research evaluated how such antecedents as role clarity, self-efficacy, purchase importance, and servicescape could influence MCP. Path analysis revealed that these four factors significantly influenced different dimensions of MCP; which in turn had a significant impact on customer loyalty. Using these insights, managers could develop a strategic approach to managing customer roles in the service delivery process. This study adds to the body of knowledge on service quality by demonstrating empirically the determinants and structure of MCP and their relationships with customer loyalty in service co-production processes in a hospitality setting.     

加强领导干部的思想政治工作至关重要

领导干部不仅是思想政治工作的主体 ,也是思想政治工作的对象 ,不仅要做好群众的思想政治工作 ,也要做好领导干部自身的思想政治工作。在加强对领导干部管理、监督的同时 ,必须加强领导干部的思想政治工作 ,领导者的责任决定了加强领导干部思想政治工作的必然性 ;领导者的地位作用决定了加强领导干部思想政治工作的重要性 ;领导者的现状决定了加强领导干部思想政治工作的紧迫性     

一种新的基于交互多模型的序贯重要采样算法

通过将交互多模型（IMM）算法和粒子滤波（SIS）算法结合，提出了一种新的IMM～SIS算法。在每个模型中，都有一个标准的粒子滤波器，模型之间的交互与传统的IMM一样。由于在新的算法中，每个模型中粒子滤波都保证固定数量的粒子，因此不会出现粒子退化和贫乏现象。仿真证明了新的IMM—SIS算法在收敛速度和精度方面都要优于传统的IMM—EKF算法。     

执政党视域中的制度文明建设

高度重视制度文明建设是执政党责无旁贷的历史责任.执政党必须充分认识制度文明建设的重要性,理性思考制度文明建设的艰巨性,适时推进制度文明建设.     

Analyzing the Memory Impact of Advertising Fragments

Marketers are making increasing use of very brief messages that mention just a brand name or a brand name with a short headline, as in event sponsorship and program endorsements. There has been debate over the effectiveness of these advertising fragments. This paper introduces an approach for controlled testing of the effects of advertising fragments. Using a reaction-time based procedure, we show that a key effect of advertising fragments is to revive established brand associations, even though these associations are not explicitly communicated. This reactivation occurs not only when these names receive focal attention, but also when they receive nonfocal attention.     

我国养老基金的投资模式

人口老龄化对养老保险制度提出了严峻的挑战 ,“统账结合”的基金缺口将通过国有股减持来弥补。而出于保值增值的需要 ,具有积累或部分积累性质的养老基金有必要进入资本市场 ,并具备了一定的进入条件。相应地 ,养老基金的投资模式也要进行多样化的投资选择 ,以达到保值增值的目的。     

从会计信息充分披露看财务报表附注的重要性

随着市场经济的日益发展 ,特别是现代股份制企业和证券市场的兴起 ,要求企业提供更为全面、完整的有效会计信息 ,以满足决策者的信息要求。针对会计人员信息的充分披露要求和企业报告模式及财务报表的未来发展趋向 ,阐述了会计报表附注的重要性。     

企业管理中绩效管理的重要性研究

企业管理中的绩效管理对促进企业的健康有序发展具有非常重要的作用,其不仅是提升企业人力资源管理效率的前提,而且积极有效的绩效管理有助于充分挖掘员工的潜力,完善企业的人才选拔制度。论文在论述企业管理中绩效管理重要性的基础上,分析了企业管理中绩效管理存在个人绩效目标与企业战略目标不匹配、绩效考核指标缺乏科学性、绩效考核参与主体单一、绩效考核结果应用方式单一的问题,最后从个人绩效目标匹配企业战略目标、强化绩效考核指标的科学性、促使绩效考核参与主体多样化、丰富绩效考核结果的应用方式4个方面提出了企业管理中绩效管理的发展方向。     

高校隐性思想政治教育主要问题及对策

我国高校隐性思想政治教育存在理论研究欠缺、重视程度不高、教育资源开发不充分等问题。高校应注重显性思想政治课程的隐性渗透;提高教育者隐性思想政治教育意识和技能;重视开发受教育者自我教育的能力;加强校园文化建设;营造良好的社会氛围,加强隐性思想政治教育。