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Succession has always been the everlasting theme of family enterprises, and the smallest oversight may cause bankruptcy. Therefore, in the era of knowledge-based economy, chief emotional officer plays significant role in the process of encouraging the emotion and improving the leadership. They are crucial in the relational governance, and may influence the stability and sustainability of family enterprises...
Supply Chain Management is a management of goods, capital and the information flowing in the network composed of providers manufacturers, distributors and customers. The supply chain starts and ends with the customer. Six-Sigma simply means a measure of quality that strives for near perfection. Six-Sigma is a disciplined, data-driven approach and methodology for eliminating defects (driving towards...
This paper has built a new evaluation approach (called SQ-Atten) based on summary and comparative study of the four traditional service quality assessment instruments. SQ-Atten has a new term attention, which has similar function with zone of tolerance (ZOT). It can analyze the users' satisfaction using the score of attention and performance, and has less difficult than that of ZOT in collecting data...
We investigate the long-run M&A performance of the listed firms in China based on a sample with a comprehensive 67 transactions. Using the Calendar-Time Abnormal Return method (CTAR), this paper finds that the performance of acquirers generally underperforms after the mergers. More over, the performance of acquirers marked by related party transactions, strong management ability or small size...
Evaluation of managerial performance is one of the most important problems in management science. Two stage relative efficiency model, a newly named analytical method, is presented here in order to evaluate managerial performance fairly. This method evaluates managerial performance by eliminating the influence of existing conditions. Empirical results show that managers in firms with relatively superior...
Enterprise commercial age is an important branch of enterprise bionics. Japanese scholars put forward the concept of commercial age and built a model to measure it in the 1960s. Chinese scholars have devoted a lot of energy in this area, however, there is still lack of empirical research to some extent by now. Considering the characteristics of corporations nowadays, we further modified the Japanese...
The incentive mechanism for independent directors has yet to be established so far. Through mathematical models and game theory, this paper analyzes the optimal incentive contracts between stockholders and independent directors under asymmetric information condition in order to solve the problems in establishing incentive mechanism for independent directors. Supervision mechanism is introduced and...
Two-stage relative efficiency model, a newly named analytical method, is presented here in order to measure managerial performance fairly. This method evaluates managerial performance by eliminating the influence of existing conditions. Empirical results show that managers in firms with relatively superior existing conditions still need to work hard to maintain their competitiveness and achieve better...
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