虚设还是威慑：退市制度市场效应研究

通过建立动态博弈模型分析股市摘牌的作用机理,实证研究"ST预警—摘牌"退市体系的市场认可程度。结果发现,虽然退市预警制度在短期内能较好地向市场传达风险信号,但在中长期里给予了投资者投机炒作的空间,这有助于解释为何以往理论研究与市场观察结果相悖;即便我国股市摘牌强度相对较低,但市场能识别摘牌强度的信号并对其做出显著反应,摘牌起到了"杀鸡儆猴"的威慑作用。     

农事特别程序：解决农村民事纠纷的程序性贡献

随着经济的发展，我国农村民事纠纷也呈现大幅增长的趋势，农村纠纷解决机制成为亟待研究的问题。衣事特别程序整体上说是一种不同于一般民事诉讼的特殊程序，是一种根据农事纠纷的特点更加简单易行的程序。对农事特别程序与衣事法院进行深入研究，对于快速解决农村纠纷、实现民事程序的多元化以及实现社会主义法治都有着重要的意义。     

厦门经济特区扩容背景下的城市交通战略规划探讨

在国务院批准厦门经济特区扩大到全市的背景下,结合分析厦门城市近年来交通现状的基础上,紧紧围绕“全城厦门的理念统筹城乡交通战略规划,积极推进岛内岛外交通一体化建设,构筑以公共交通为主体的可持续城市交通发展模式.     

玉米干法加工啤酒专用粉的工艺研究

我国每年生产4000多万吨啤酒，消耗300万吨以上大米作为糖化辅料，目前粮食安全已经成为世界性的难题。系统介绍了通过引进关键设备，用玉米干法加工生产啤酒专用玉米粉的工艺案例，并对采用该工艺生产过程中出现的问题进行了深入的研究，为科学利用玉米食品和提高其附加值开辟了一条新的途径。     

Evidence from China on the value relevance of operating income vs. below-the-line items

This study investigates the value relevance of operating income vs. below-the-line items in the Chinese stock market. The motivations for this study are twofold. First, there is a need for empirical evidence of the value relevance of earnings components given that previous findings of value relevance in China at the aggregate level have often been questioned in the literature. Second, the reporting environment for earnings components in China provides an interesting opportunity to present additional evidence on the pricing of persistent vs. less persistent earnings. Chinese GAAP is more specific in defining the scope and specifying the format of reporting earnings components with different levels of persistence. In addition, differing from the U.S. evidence in the extant literature, below-the-line items in China is overwhelmingly income-increasing and frequently account for a large percentage of a firm's reported net income. By linking valuation analysis with earnings time-series properties, we present additional evidence to support value relevance in China: An earnings component is impounded in stock prices as long as it is persistent and nonpersistent below-the-line items are value irrelevant. However, the time-series properties of earnings components are not fully priced by the market. The earnings-response coefficients are larger for below-the-line items than for operating income, although below-the-line items are less persistent and have lower predictive power. In discussing this pricing anomaly, we identify some unique institutional factors that may be responsible for the results.     

Which firms engage small, foreign, or state banks? And who goes Islamic? Evidence from Turkey

We study a representative dataset from Turkey that identifies firm–bank connections. Banks in Turkey differ not only in size and nationality, but also in ownership and orientation (non-Islamic versus Islamic)—resulting in at least six distinct bank types. We estimate a multinomial logit of the choice by the firm of bank type. We document a strong correspondence between bank type and firm characteristics that is not always the same as has been documented so far for US datasets. For example, small firms engage large rather than small banks. Young, large, multiple-bank, and industry-diversified firms, that are located in or close to Istanbul, team up with foreign banks. Islamic banks mainly deal with young, multiple-bank, industry-focused and transparent firms.     

资源税费改革:理念与走向

2010年,中国在新疆和西部地区率先进行了资源税改革。本文对资源税费改革的有关问题,如西部资源税改革成效、资源税改革与石油特别收益金的关系、资源税费改革与资源综合利用、资源税费改革与国有资源补偿机制、资源税费改革与国有经济改革等进行了深入探讨,厘清了一些理论问题,有助于人们更好地认识资源税费改革。     

台湾地区“奢侈税”政策简介

我国台湾地区的特种货物及劳务税(即俗称的奢侈税)是一种带有很强社会经济调节功能的消费税。本文在介绍台湾地区特种货物及劳务税基本情况的基础上,对大陆通过消费税政策调控经济提出了几点建议。     

新疆实施农业巨灾保险证券化探讨

新疆是我国的农业大省,也是农业受自然灾害影响较大的省区。因此,发展新疆农业保险就显得尤为重要。但是,新疆农业保险的发展却一直落后于农业的发展。本文认为,实施农业巨灾保险证券化是新疆农业保险发展的出路所在。