盈余稳健性与企业过度投资行为——来自中国上市公司的经验证据

以中国上市公司为研究样本,采用Khan和Watts(2007)构建的公司层面盈余稳健性度量方法,实证考察了盈余稳健性对企业过度投资行为的影响。实证结果表明,盈余稳健性能够显著抑制中国上市公司的过度投资行为,并降低过度投资行为对自由现金流量或经营活动现金流量的敏感度,从而提高投资效率。因此,中国会计稳健性原则的发展对资源配置效率提高起到了正向促进作用。     

Where does flygskam come from? The role of citizens’ lack of knowledge of the environmental impact of air transport in explaining the development of flight shame

A growing number of citizens are concerned about the environmental impact of air transport, and aviation has become synonymous with high carbon emissions and global warming, which has led to the development of flygskam (or flight shame) in Europe. While its impact on air traffic remains unclear, flight shame has forced the airline industry to react and better understand its origin. In this research, building on the growing literature on industry and organizational stigma, we assume that flight shame can be partly explained by a distorted public perception of the environmental impact of air transport. Accordingly, we investigate the level of knowledge of the environmental footprint of air transport. Based on a sample of 1018 French respondents, we reveal that more than 90% of respondents overestimate the share of air transport in global carbon emissions. We also show that 98% of the respondents underestimate the reduction in carbon emissions per passenger. Finally, we investigate the awareness of the measures taken by the industry to curb its carbon emissions and highlight, for instance, that 70% of respondents overestimate the fuel consumption of the newest generations of aircraft. Based on these results, we draw lessons for airlines and for the air transport industry to help cope with flight shame in Europe.     

Nodes in the Global Webs of Japanese Shipping

This article challenges an interpretation of early and mid-Victorian business history which has emphasised the damaging effects observable during the late nineteenth century of a prior ossification of the industrial structure and of an associated lack of entrepreneurial vigour or aspiration towards growth. By focusing upon process rather than structure, the article underlines the intensity of competition in markets and innovative developments in marketing products regardless of the size, ownership and control of business enterprises.     

区域公共管理视角下“泛珠三角”政府合作探析

文章论述了区域公共管理内涵及其作用,结合实际分析了"泛珠三角"区域经济发展中区域公共管理面临的挑战,最后提出了"泛珠三角"区域公共管理创新建议。     

Switching up the delivery game: Understanding switching intention to retail drone delivery services

Drone delivery services have been gaining momentum in retail due to the surge in digital commerce, and retail giants are seen making significant progress in delivering parcels with minimal human intervention. However, the wider diffusion of drone delivery services requires an in-depth understanding of consumers' switching intention from traditional delivery services to drone delivery services. To address this gap, the present study aims to propose and validate an asymmetric model encompassing innovation barriers, shopping motivations, and individual differences (i.e., inertia and affinity for technology interaction) in understanding consumers’ switching intention. An online survey was conducted. The data was analyzed using fuzzy set qualitative comparative analysis (fsQCA). The results revealed five configurations with different combinations of causal antecedents.     

The Reason Why: The English Constitution and the Latent Promise of Liberty in the History of Accounting

In 1215 Magna Carta determined freedom from executive oppression, or liberty, as the essential principle of the English Constitution and parliament as the bulwark against executive attempts to diminish the liberty of individuals. This constitutional precedence of liberty was confirmed after the Revolution in 1688 by the constitutional settlement which strengthened the financial accountability of the executive to parliament. Regular accounting for military expenditures especially became a critical component of the new accountability measures. Despite the overwhelming significance of liberty for the English Constitution and the contributions of accounting to preserving liberty, public sector accounting continues to attract few accounting historians. As a consequence, the vast historical resources contained in British Parliamentary Papers and the records of parliamentary debates continue to go largely unnoticed by all but a few accounting historians.     

The Private Finance Initiative: risk, uncertainty and the state

This paper analyses the UK's Private Finance Initiative (PFI) at a conceptual level by focusing on the management of risk, which is central to the justification for the policy and its application across the public services, and uncertainty, which underlies the role of the state. The paper argues that the rhetorical support for PFI rests on a conflation of risk and uncertainty and that PFI leads to contractual arrangements that are inappropriate for the provision of public services over the medium term.     

Partnerships in the provision of services by multi-agencies: four dimensions of service leadership and service quality

This paper explores the relationship between four key dimensions of service provision through adopting different partnership approaches. These dimensions are identified to describe partnerships as mandatory or voluntary and service provision based on contract or trust. Propositions about the nature and interaction of these variables are presented and combined as a heuristic suggesting complying, constraining and creating modes of partnership-working and service delivery. Examples are provided of these modes in practice. The paper concludes that this heuristic is a useful tool for practitioners to locate their form of partnership-based service delivery within the spectrum identified.     

对《物权法》未规定盗赃物善意取得的反思

在我国,以盗窃或其他方式取得赃物的案件时有发生。当盗赃物通过各种渠道进入商品交易流通领域后,许多与案件无关的第三人在不知道并且事实上通常很难知道其来源的情况下购买或接受该物品。在此情况下,只要赃物仍然存在,是无限制地追缴,还是合理地保护善意受让人的利益？我国新制定的《物权法》对此并未做出明确规定,这实属一大缺漏。因此,有必要对盗赃物之善意取得制度做出明确规定,以保护权利人的权利和市场的交易安全。     

Model and algorithm for an unpaired pickup and delivery vehicle routing problem with split loads

This paper addresses the routing problem with unpaired pickup and delivery with split loads. An interesting factor of our problem is that the quantity and place for pickup and delivery are decision variables in the network. We develop an easy-to-implement heuristic in order to gain an efficient and feasible solution quickly. Then, a local search algorithm based on the variable neighborhood search (VNS) method is developed to improve the performance of the heuristic. Computational results show that the proposed VNS method is able to obtain an optimal or near optimal solution in reasonable time for the formulated problem.