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In order to investigate the global financial crisis's impact on logistics industry quantitatively, this paper selects 10 logistics listed companies respectively from China and US stock market as samples, calculates the default distances of the companies based on KMV model which is first proposed by US KMV company, analyzes the trend of credit risk change from the third quarter of 2008 to the third...
Small and medium size firms (SMEs) are recognized fundamental to regional economies as they represent the majority of the business base, and make large contributions to employment and gross domestic product. However, the rate of integration of SMEs into e-commerce and e-business puts them in a disadvantaged position with respect to larger organizations. The slight utilization of Information Technologies...
The Automotive innovation system is a complex network that includes various role-players. Relatively few of the OEM's design, manufacture, integrate and market vehicles in the automotive value chain. The first tier of suppliers is made up of large, technologically sophisticated suppliers which develop, integrate and deliver complete systems. However, they rely heavily on layers of suppliers for the...
Tangible products and hard technologies are always viewed as a source of product innovation, but service is intangible, so most practitioners and scholars ignore the value of service innovation. They think the real value of innovation is product innovation not service innovation. So in practice, innovation in services is less disciplined and less creative than in the manufacturing and technology sectors...
Researches on market for corporate control mainly focused on achievements of involved enterprises around the merge-time. Literature in domestic and foreign mainly stress microscopic stratification. They seldom mentioned the macroscopic economical factor. This article makes an empirical analysis on the dynamic relationship between the scale of market for corporate control(SMCC)and economical factor...
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