The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Under a market environments, there are a lot of uncertainties, such as fluctuation of power prices, shortage of fuel supply and rising of fuel prices, which make generators encounter serious profits loss risk. For stabilizing profits, it is necessary for generators to establish an efficient and optimal risk management technique mix. By adopting the real option, this paper establishes a real option...
Transmission and distribution networkpsilas natural monopoly characteristic decides it must receive regulation. Based on the analysis of price-cap regulation model, combining with the situation and status of power network in China, this paper put forward a reformative price regulation model, which takes network expansion and service quality into account at the same time. To carry out the transition...
The electric power industry is regarded as the basic industry of national economy, which makes it unable to get rid of the governmentpsilas regulation, as well as its own technology and economic characteristic. After reforming of regulation, government pays a good deal of attention to the performance-base regulation which has been used in telecommunication successfully and can solve the low efficiency...
The traditional agricultural Chain in China faces contradictions and conflicts such as huge risk, high cost, low coordination and bad agility etc. Under the guidance of theories of service profit chain, value chain, supplying chain management and TRIZ, etc., the thesis digs deeply and analyzes the creative practice and effects from cultivation service value chain of Guangdong Wen's food group Co....
With the liberalization of electric market, the customers may have different reliability requirements, which generates different reliability costs to the grid company, that means they should afford different reliability price. An integrated electric power supply reliability differential pricing model was presented considering both the reserve costs and distribution and transmission investment costs...
This paper analyzes the strategic options of the responsibility of the state grid companies and the government to prevent the crisis of large area blackout with the game theory, and also the results have been verified with examples. It arrives at the low efficient Nash Equilibrium tactics that the leaderships of the Power Grid Corporation don't participate in the prevention and the Government does...
This article comparatively analyzes performance transition in two years that attributes to overseas technology-acquiring M&As carried out by listed companies in Shanghai and Shenzhen Stock Exchanges during 2000 to 2005. The result indicates, in the two years before and after M&As, those companies achieve a obvious rise in their net capital yield, main operating income growth rate and capital...
The primary purpose of this paper is to explore the relationship between organizational career management (OCM) and job satisfaction (JS). The measurements we used were the OCM scale developed by Long Lirong and JS scale developed by Smith et al. We conducted questionnaires survey in twelve software enterprises in China and acquired a sample of 141. The results showed that the correlation between...
This paper is on how to build an investment model of security investment fund which will produce the maximum in profits. The deficiencies in Markowitzpsilas portfolio selection decision model are analysed. In this paper, the writers use nonlinear and dynamic model depending on Return-Variance model under the limited condition to decide how to invest. The design method of fund portfolio is presented...
In the electricity market of imperfect competition, the behavior of generation bidding is affected by many risk factors, which include fuel price, weather condition, load forecasting and so on. The potential impact of bidding strategy is quantitative calculation, which adapted from risk factors; the risk management on bidding strategy choice is brought forward, and considering the diversity of risk...
This paper investigates the effect of debt financing in electric power listed company through an empirical research with the regression analysis method. According to the capital structure theory, the effect of debt financing lies in financial leverage effect, the tax shield effect and the company governance effect. Considering the characteristics of the electric power industry, we makes a detailed...
Through the statistical analysis of 51 electric power listed company, this paper shows the specific industry characteristics in electric power listed company, and makes detailed study on the electric power listed company's effect, tax shield effect and corporate governance effect of debt financing, then use empirical method to prove them. The empirical results show that, for the electric power listed...
Based on the actual control of listed companies as the standards of the ultimately control, the state-controlled listed companies will be divided into county government control, the municipal government control, the provincial government control and the central government control. this paper provides an analysis of the relationship between government control level and cash dividends of the listed...
Corporate divestiture is the earliest method of contracting capital operation. With the development of capital market, the evaluation of performance of corporate divestiture is becoming more and more important. There are usually two methods to evaluate the performance of divestiture, that is event study approach and accounting index approach, but they both have some shortcomings. Based on the methodology...
This paper introduced the conjectured supply function equilibrium based model in order to construct the company's strategy model under the incomplete information. It can be used to apply in the market with inelastic electricity demand and it is more suitable to evaluate potential market power existed in real electricity market. On the basis of supply function equilibrium theory, it gives out the optimized...
Since the second half of 2007, the coal price in China has witnessed dramatic growth, the generation cost has gone up and power generation companies have got huge benefit losses. This essay analyzes the major reasons of coal price increase in China, predicts the future tendency of steam coal price and proposes policy suggestion to deal with rapid growth of coal price.
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.