The political economy of gender disparity in musical markets

This paper examines the role and functioning of women withinthe music industry from a broadly economic perspective whichstarts from standard notions of biological differences and theoriesof discrimination. Disparities in employment as a musician andoutput as a composer are considered. It is clear that femalerepresentation deviates considerably from parity. While consciousdiscrimination at the point of trade seems not to be a largefactor in this, unconscious discrimination in early musicalcapital investment sets in motion a chain of events which limitfemale performance in musical markets.     

A framework to facilitate institutional arrangements for smallholder supply in developing countries: An agribusiness perspective

The industrialization of agriculture and the potential problem of small-scale farmer marginalization calls for a fresh approach to the design of agribusiness supply chain arrangements in developing countries. The objective of the paper is to contribute to a better understanding of institutional arrangements that can promote stable smallholder agribusiness contracting arrangements in a developing country context. A case study approach, incorporating a transaction cost framework, is used to test whether trust can significantly change the contract characteristics of supply. The results suggest that although the presence of trust can influence the contract characteristics of a supply arrangement, it may not be significant because of other factors in a developing country context. Bearing this in mind, a number of institutional arrangements are recommended in order to promote more stable contract conditions.     

Editorial Note

This study empirically explores the relationship between firm characteristics and capital structure in Sri Lankan companies. Six years of data for 158 firms listed on the Colombo Stock Exchange are analyzed using a conditional quantile regression. The findings indicate that the capital structure of Sri Lankan firms differ between firms in different quantiles of leverage. These differences are significant with the sign of explanatory variables change with the level of leverage. The results indicate that individual firm’s finance policy needs to be responsive to the firm characteristics and should match with the different borrowing requirements of listed firms.     

公允价值会计的反思

公允价值与历史成本之间的孰优孰劣一直就伴随着争议。我们不应该忽视公允价值固有的内涵缺陷及其与财务会计概念框架的冲突,以及在金融危机中的顺周期效应。文章将从会计决策有用目标和会计信息质量以及准则的经济后果角度重新反思公允价值会计。     

近代以来中国文化与社会主义实践之关系筒论

近30年来，中国改革开放所取得的巨大成就标志着中国特色社会主义实践取得了阶段性成功，但与此同时，也不可否认地存在着一些阻滞中国继续向前发展的社会文化问题。基于此，本文拟从中国文化与社会主义之关系的角度来论析近代以来社会主义实践在中国何以可能，及其当下所遭遇的挑战。     

中美会计信息质量特征比较

从结构、内容、主要质量特征的定义入手,对中美会计信息质量特征进行了比较,并提出了改进与完善我国会计信息质量特征的具体建议。     

从《氓》谈起——女性解放道路之反思

由于受封建思想的束缚。“男尊女卑”的观念深深扎根在人们的心里。从古至今，许多人都为女性解放而做出努力，可人们在女性解放的道路上却逐渐走向误区，盲目的追求男女的绝对平等。当代女性必须首先培养一个健全的自我意识，方可争取彻底的解放。     

论新时期人民内部矛盾的正确处理

新时期人民内部矛盾的特点一是利益性矛盾突出，二是群体性矛盾增多，三是矛盾的对抗性有所增强，四是矛盾的复杂性加大，五是矛盾的处理难度加大。矛盾的产生原因主要有六个方面。我们要通过大力发展社会生产力，继续深化改革，加强思想政治工作，运用法律手段，加强党的自身建设，深入开展人民内部矛盾的排查调处工作，正确处理好人民内部矛盾。     

传统文化现代化的中国特色路径——以景德镇陶瓷文化为例

实现现代化是每个发展中国家的主要目标,而传统文化的现代化是国家现代化进程中重要的组成部分。通过景德镇陶瓷文化的发展说明特色文化的形成过程,从景德镇特色陶瓷文化看中国特色文化的形成路径——＂中国特色＂,它是以传统文化为资源和根据,对本民族和其他民族文化主动选择,有选择地吸收,博采众长形成的。     

投资者参与、企业内在价值与IPO抑价——基于中国A股市场的经验证据

本文以中国A股市场为背景,以2009～2010年沪深两市通过IPO募集股权资本的上市公司为样本,探讨了投资者参与程度、企业内在价值与IPO抑价之间的关系。研究发现,在诸多影响因素中,以市盈率衡量的企业内在价值与IPO抑价负相关;以中签率和换手率衡量的投资者参与程度,与IPO抑价正相关。较低的中签率和较高的换手率,代表更高的投资者参与热情,通常会导致更高的IPO抑价。此外,诸如IPO规模和行业特征等其他因素也会对IPO抑价产生影响。