Governing Suburbia through regionalized land-use planning? Experiences from the Greater Frankfurt region

This paper explores the case of peripheral settlement growth in the Greater Frankfurt (Main) region within current debates on global suburbanization. Within Germany’s sophisticated spatial planning regime, Greater Frankfurt’s system of regionalized land-use planning marks an ambitious initiative to contain urban sprawl. Nonetheless, expansive peripheral settlement growth, and socio-spatial polarization remain distinct characteristics of the booming region. Analyzing state regulation vis-à-vis dynamics of capitalist urbanization and private authoritarianism, we decipher the complex governance arrangements producing this, at first sight, contradictory simultaneity. We uncover the rationales of local growth politics of autonomous municipalities and the region’s multiplied institutional fragmentation that undermine planning ambitions to contain suburban growth. We conclude by critically assessing the political economies of suburbanization in Greater Frankfurt and point to prospects for regional reform.     

The Effects of M&A on Corporate Performance in Japan:DID Analysis in the Era of Corporate Governance Reform

This study analyzes how mergers and acquisitions (M&A) affect the performance of acquired companies in Japan. The sample period includes the era in which the government of Japan promoted a series of corporate governance reforms. A difference-in-differences analysis is implemented to eliminate the endogenous effects of a corporate acquisition. Choosing a control group by propensity score matching, we find that acquisitions have significantly negative effects on employment but no significant effects on labor productivity. For acquisitions by Japanese companies, we also find no significant improvement in ROA but significant improvement in Tobin’s q. The results are consistent with the zombie company theory, which indicates that an M&A prolongs the life of an insolvent company. Acquisitions by Japanese companies are in contrast with those by foreign companies, which have positive effects on ROA.     

政府角色定位对旅游治理的影响——以广西阳朔遇龙河景区为例

政府角色如何定位对旅游地能否实现可持续发展具有重要影响。文章以阳朔遇龙河景区为例,探讨其旅游地发展历程中政府角色定位的演变,解读不同阶段治理失灵的原因。研究发现:在旅游探查期,社区自主发展,政府基本缺位;在旅游参与期,政府以“规划者”角色介入,并主导运营管理,治理角色不中立,导致治理权威受损;在旅游大发展前期,政府治理目标部分错位加上在资源欠缺、政策准备不充分的情况下急于强制干预,最终导致治理失灵;在旅游大发展期,政府的治理能力和治理资源跟不上旅游规模的扩张,缺乏长效监管机制,难以实现有效治理。     

浅析我国当前通货膨胀的成因及治理对策建议

稳定物价已成为政府宏观调控的重中之重。为避免由于种种原因形成的通货膨胀给我国经济发展带来较大的负面影响,我们必须采取相关措施,要持续的将总量政策和结构政策相很好的组合起来,进行短期应急计划和措施与建立能长期保证制度正常运行并发挥预期功能的制度体系相结合,综合的采取各种各样的政策组合,比较有指向性地使用各种各样的措施在一定程度上减少对造成物价上涨的各种不利因素,抑制通货膨胀蔓延,使我国经济稳定的发展。     

股份制商业银行治理:基于年报的实证分析

采用2001-2003年间11家商业银行的19个年报样本为依据,对我国股份制商业银行的治理机制及其与银行绩效的关系进行实证分析,发现样本银行股权结构并没有对银行绩效产生影响,董事会规模和高管人员薪酬激励对银行绩效有积极的作用,而独立董事比例和董事会会议次数却对银行绩效产生了负面影响;此外银行规模也是提升银行绩效的重要因素。     

股权融资与企业治理机制研究

股权融资不仅是现代企业融资的重要手段之一,而且还是完善企业治理机制的重要途径。在我国,股权融资还有助于政企分开,但由于产权改革不到位,形成了独特的股权结构,导致了严重的内部人控制问题和治理结构运作低效;同时,也使股市成了单纯融资的机器而缺乏资源配置功能,所有这些都与我国股权结构异化有很大关系。本文通过对股权现状及其对治理结构影响的分析,提出了股权结构的优化以及治理机制完善构建的设想,以期探讨我国股份企业发展的思路。     

论小企业财会工作存在的问题及治理对策

及时更新管理思想,提高财会人员工作质量,全面健全财会工作机制,积极创造财会人员就业环境,致力于培养合格的财会人员,对小企业的健康发展与壮大至关重要。文章针对小企业发展过程中财会方面存在的问题,辨证地分析问题产生的原因并提出解决对策。     

商会治理功能与组织边界的经济学分析——基于公共选择的理论框架与中国的经验证据

本文构建了一个由分摊成本、决策成本和拥挤成本构成的综合成本最小化的公共经济学模型,用以分析商会分别提供公共产品、俱乐部产品和混合产品时的组织边界形成机制;考察了行业结构、制度规制和组织能力等因素对商会功能和规模的影响;使用粤、浙两地的问卷调查数据对影响商会治理功能的若干重要因素进行了经验检验并得出了若干启发性的结论。     

BS in the boardroom: Benevolent sexism and board chair orientations

Research Summary: Though research has focused on the ascent and acceptance of female CEOs, the post‐promotion circumstances female CEOs face remain unclear. In this study, we focus on a critical post‐promotion circumstance: the board chair–CEO relationship. Drawing on the gender stereotype literature, agency theory, and stewardship theory, we posit that firms appointing a female CEO are more likely to adopt a collaboration board chair orientation and less likely to adopt a control orientation. We further predict this effect is attenuated by female board representation. Using a sample of new S&P 1500 CEOs, we find support for our predictions regarding the collaboration orientation but not the control orientation. This research provides some evidence of benevolent sexism in the boardroom, with female directors acting as a countervailing influence. Managerial Summary: Whereas the notion that females encounter a glass ceiling on their path toward CEO is well documented, the conditions female CEOs encounter after promotion are less understood. The relationship between the board chair and the CEO is one important post‐promotion condition. Board chairs can focus on monitoring and/or working together with the CEO. We suggest board chairs are more likely to work in close collaboration with female CEOs than with male CEOs. We attribute this to benevolent sexism, which explains that board chairs are more likely to collaborate with female CEOs because they view females as more conducive to, and in need of, this type of relationship. We also suggest this benevolent sexism is less prevalent when there are more females on the board.