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.
A new view of limited arbitrage is applied in the study of the reasons of stock price synchronicity in China based on the behavioral finance theory. This paper made an explorary study about the relation between limited arbitrage, stock price synchronicity and market efficiency. A conclusion different from the study about cash stock dividends in foreign countries is derived that cash dividends as a...
The paper studies the impact of managerial overconfidence on corporate investments under the moral hazard framework. By assuming a fully competitive and information-transparent capital market as well as rational investors, the study finds that managerial overconfidence reduces moral hazard, but may result in over- or under-investments; the relationship between managerial overconfidence and inefficient...
Identifying and measuring credit risk of small and medium-sized enterprises should be different from that of large firms, for SMEs appear to be influenced by their owners more directly and significantly. This paper attempts to testify the relationship between default behaviors of SMEs and the credit features of their owners, so that a more appropriate and effective way of credit management of SMEs...
Wind power is a renewable clean energy which has huge reserve.According to the relevant data,1% of the wind on the earth will be able to meet the world's energy needs.In recent years, as the rapid development of China's wind power industry,wind farm site selection has also become an important research subject. This article is based on the AHP model to analyze the many indicators which impact on the...
Enterprises were the main finance provider of social insurance system. It was important for government to measure social insurance financial burden precisely. This paper designed an index named "enterprise's social insurance premium burden rate" based on enterprise's balance sheet and made an empirical study based on 842 A share listed companies in Shanghai stock exchange. Result showed...
Papers is starting from the supermarket chains' the function of the system, the use of DEA Efficiency Evaluation of the feasibility of each branch, according to the principles of efficiency evaluation supermarket chains. Identified a series of evaluation index, and establish the efficiency of the supermarket chain evaluation system, with an example using the method of virtual decision making units...
This paper takes a survey to the college students, and analyzes the impact imposed by variables of purchase intention and the inter-relationship among variables such as perceived value, perceived risk and perceived usefulness. The empirical results show that perceived value is the main factor affecting purchase intention, perceived risk has no direct impact on purchase intention, and perceived usefulness...
From the prospective of the international trends, integrated risk measurement is now an increasingly important risk management tool for insurance enterprises. This paper tentatively uses a copula model in order to measure the economic capital of integrated risks of insurance enterprises in China. Use an insurance enterprise to explain how to measure the economic capital of integrated risks. And the...
According to knowledge transfer theory and the characteristics of enterprise technology alliance, we empirically research on knowledge transfer of enterprise technology alliance to promote the development of high-tech industry after qualitative analysis on the basis of previous research results. By using production function model, we mainly use panel data between 2000-2009 years from 26 provinces...
Since the 21st century, China's wheat processing industry has been growing drastically, spatial structural has been changing considerably. The characteristics of the location, movement of wheat processing sector are summaried in this paper. Empirical models are developed and estimated to identify economic determinants of wheat processing establishment growth between 2000 and 2009. Raw materials production,...
Online channel can provide a chance for manufacturer to increase sales and reduce cost. Based on the consideration of the acceptance difference of online channel for consumers, we discuss the dual pricing problem after online channel introduction for the channel structure of single manufacturer and retailer. Some results are derived: Online channel will help retailer reduce retail price and increase...
This paper, starting with the basic theory of sustainable development, expounded the requirements and inspiration about the theory of sustainable development in the tourism industry, To achieve the sustainable development of tourism industry, its focus is to use the idea of sustainable development to arm service concept of tourism industry, Because the service concept of sustainable development, not...
Based on the analysis of influence factors of sustainable competitiveness in the regional manufacturing SMEs, the article establishes the evaluation index system of sustainable competitiveness of regional manufacturing SMEs. Empirical research on sustainable competitiveness of manufacturing SMEs of 30 provinces has been done by collecting statistical data of 30 provinces and using principal component...
Innovation is the important source of competitive advantage for culture industry. And service innovation is becoming one of key competitions in a country or region. In this paper, the relationship between innovation network and innovation resource of culture industry is analyzed by using literature research method and qualitative research method. On the basis of this, and empirically tests the model...
This paper focuses on the Poyang Lake Ecological Economic Zone, and tries to discuss the design of a marketized eco-compensation mechanism in Poyang Lake, which was based on the Beyond Property Right stimulation. On the one hand, owing to the inadequate fund, the governmental compensation works ineffectively in terms of the conservation of biological resources in Poyang Lake; on the other hand, the...
Having developed for several decades, Wuhan has set up an industrial layout with steel, automobile, mechanic equipments, electronic information, petrochemical, textile clothing, food tobacco, biological medicine, energy and environmental protection, and paper-making and packing. In the coming five years, the industry in Wuhan will stride forward to the modern industrial base. So, the municipal government...
Based on the R&D personnel competency model in the high-tech enterprises, which developed by author in recent research, this paper designs the requirement degree questionnaire of R&D personnel competency in high-tech enterprises. Taking R&D personnel in the high-tech enterprises as an example, this paper compares the R&D personnel competency of Leading Innovation Strategy, Following...
Network competence means not only having qualifications but also using or having the potential to use the qualifications. The network competence is a three-dimensional construct that can be defined as network qualifications competence, network management competence and network development competence. By resource capture and transfer, relationship integration and innovation, there is the functional...
Developing Sichuan Province's rural human resources, turning population burden into the Social economic development power are the important practical problems which should be solved during the modernization, they are urgent needs from the new socialist countryside developing in Sichuan as well. Firstly, on the basis of the census information and statistical data, the thesis studies analyzing total...
the characteristics distinguishing high-tech products from traditional products make the competition strategy of high-tech enterprises different from those traditional ones. In this essay, we will analysize the uniqueness of high-tech products in market competing, ie: the net effect, increasing returns, the path dependence and the winners taking all. Also in the paper the definition of the competition...
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.