Excess perks in SOEs: evidence from China

In investigating the relationship between economic directors (EDs) and excess perks in state-owned enterprises (SOEs) in China, we find a U-shaped relationship between the share of EDs on boards and excess perks, especially in SOEs controlled by local governments and with greater managerial power—as well as in regions with poor legal systems. The share of EDs on boards may have three benefits with respect to reducing the use of excess perks in SOEs: (1) replacing excess perks with monetary wages more aligned with the value of managers; (2) reducing the increase in excessive perks caused by the availability of free cash flow; and (3) reducing the use of excess employees to drive excess perks.     

Self‐help in housing and chengzhongcun in China's urbanization

This article focuses on the housing issues of rural migrants arising from urbanization, with particular reference to chengzhongcun, a topic with considerable impact on policymaking. An attempt is made to understand the underlying rationale of self‐help in housing and the important role of chengzhongcun in sheltering rural migrants in the context of China's rural‐urban dichotomy. As demonstrated in this study, chengzhongcun accommodate, with little in the way of government resources and assistance, millions of rural migrants because of their social accessibility and affordability. While not denying their social problems, we argue that chengzhongcun in fact act as an innovative and positive agent to promote urbanization in present day China by housing massive numbers of rural migrants and assimilating them into cities. Current government policies towards chengzhongcun have generated a wide range of interest conflicts and confrontations. The consequences of such conflicts show that the government policies were problematic and unworkable, as they violated basic market principles as well as citizen rights. Policy strategy towards the redevelopment of chengzhongcun must acknowledge their credibility in the Chinese road to urbanization and requires more thoughtful and prudent consideration of migrants' demands for affordable housing.     

向家坝水电站右岸隧道进出口边坡的处理研究

文章主要从实践方面介绍了向家坝水电站右岸地方还建公路北线段隧道洞口施工期边坡缺陷处理措施,并总结了几点经验,这对于以后公路隧道洞口的设计和施工,尤其是洞口边坡塌方的处理具有一定指导意义。     

葛洲坝二江电厂监控系统升级改造的实施与探讨

葛洲坝二江电厂计算机监控系统投产于1995年,运行时间已久,无论从硬件还是软件方面已不能满足目前的生产要求。升级后的新系统在各个方面均有了很大程度的改进,它的应用使得葛洲坝二江电厂的自动化控制程度有了很大的提高,为厂站“无人值班(少人值守)”的现代化管理以及三峡—葛洲坝梯级电站的联合调度提供了有力的保障。     

三峡工程三期截流三维施工仿真研究

三峡工程三期截流提前到 2 0 0 2年 11月上旬进行 ,截流难度显著增大。为了使截流工程顺利进行 ,以先进的计算机可视化技术为基础 ,采用IMAGIS软件生成三维地形图 ,用Creator建模形成导流明渠、纵向围堰及三期围堰等三维实体模型 ,最后通过运用虚拟现实技术 ,开发出三峡工程三期截流施工实时动态演示、查询系统。该系统能根据需要实现漫游 ,可以随意定位到感兴趣的区域作细部观察 ,且具有良好的交互性。通过施工仿真研究 ,将三期截流施工过程生动地显示在屏幕上 ,用以指导施工组织管理 ,为三期截流的决策和控制提供了有效的工具     

利用黄河泥沙加固下游大堤

黄河是一条举世闻名的多泥沙河流，善淤、善决、善徒给沿河人民带来对过深重灾难，防洪问题一直是国家的心腹之患。泥沙问题是黄河防洪问题的症结所在。在总结固大堤经验的基础，进行挖河疏浚，淤筑“相对地下河”，已作为黄河治理的一项重大决策付诸实施。     

State-owned enterprises going public The case of China

Public listing is a key reform measure for large state‐owned enterprises (SOEs) in China. We find evidence that public listing lowers state ownership significantly, lessens firms’ reliance on debt finance, and allows firms to increase capital expenditure, at least temporarily. We also find that ownership structure affects post‐listing performance. However, we find no statistical evidence of a positive effect of public listing on firms’ profitability. We suggest alternative interpretations of the last finding.     

略论法治政府的价值理念

法治政府作为一种理论主张和政府模式是从近代开始的，法治政府是法治国家对政府的要求，是指政府时刻受到法律约束和支配的法制建设状态，其基本特征和价值取向是有限政府、服务政府、透明政府、诚信政府、统一政府和责任政府。     

修正热量法计算供热煤耗暨热电联产效益分析

介绍了热电联产成本的两种计算方法,指出了两种计算方法的局限性.对热电联产节能效果进行了量化分析,在按热量法对供热比计算的基础上,提出了修正热量法.此方法体现了热电联产的优越性,为发电企业增加了经济效益.     

公有制和其它经济成份并存的效应分析

本文以我国公有制和其它经济成份并存这一重要经济现象为研究对象,从“并存”的一系列纷繁复杂的后果当中提炼出了最突出的问题,并给以多视角的分析,最后给出了“并存”优化的对策建议。