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There was a clear preference of equity financing in China, which was contrary to pecking order theory in Western-developed markets. Why this phenomenon happens in China? This article studied from the perspective of soft restriction of equity financing cost. Because of soft restriction, makes the total cost of equity financing lower than debt financing costs, equity financing preference formatted....
This paper has analyzed the five forces within the saltwater pearls industry. The industry will have to face the huge market share and huge risk of the unstable international market. There excess competition in the industry and the consumers' power and forces are big so that the enterprises have to reposition their development strategies under the changes of market situation. By using the five forces...
CFO's background characteristics will deeply affect their values, intrinsic motivation and behavioral style. With economic globalization and increasingly complex environment of business, CFO plays different roles with the soft functions of financial cube in corporate, and it has a major impact on upgrading of business value. Starting from the CFO's key characteristics of ability, power and power,...
More and more attention is paid to the performance of listed companies of China with the economic progress. The capital structure decision is crucial for any business organization. The decision is important because of the need to maximize returns to various organizational constituencies, and also because of the impact such a decision has on a firm's ability to deal with its competitive environment...
Through surveying the forms of building national excellent courses in physical education universities, and logging http://www.jingpinke.com and other websites of excellent courses in physical education universities, the author makes an analysis on the current situation of building national excellent courses in the paper. The result shows: the system of national excellent courses has be formed basically,...
The idea behind of the paper is aimed to improve FMEA (Failure mode and Effects Analysis) process in the field of reflow lead free soldering with using the ontology paradigm. Some of FMEA software tools and ontology editors are described in order to disclose the essence of an FMEA based on ontology. Description of FMEA analysis of a lead-free soldering process without the use of ontology based approach...
Alumni connections are important resources that contribute to university evaluation. Even though alumni connections represent networks, they have been mostly evaluated as tabular data (e.g. by providing average salary, employment rate, etc.). This ironically disregards all qualities of a network, from which an alumni network gets its name. It is desirable to evaluate an alumni network as a network,...
Modern warfare is focusing on expanding the extent of Network Centric Warfare (NCW) and Networked Control Systems (NCSs). The Finnish Defence Forces (FDF) is, among other armies, trying to find a reliable solution for the architectural and technical design of a new operational information network. This paper focuses on discussing the possibilities of creating new Service Oriented Architecture (SOA)...
This paper seeks to investigate the empirical relationship between board characteristics and audit quality using OLS regression analysis. In this study, the paper uses audit fees as a proxy for audit quality and seeks to investigate whether board characteristics influence the extent of auditing, and consequently, the audit fee. The results show that board independence (proportion of external directors...
The increased IT offshoring presents many benefits as well as challenges to today's organizations. One major challenge is the competition between onshore employees and offshore employees for job security, challenging projects, status and resources. The onshore-offshore competition is complex and dynamic. Unmanaged or inappropriately managed competition seriously undermines IT offshoring efforts. However,...
For designing innovations companies need to consider both the market and technical view. Customers want to solve their individual problems, and companies need to understand these problems before they can design appropriate solutions. Consequently, this is an ongoing collaborative process including many different stakeholders. On this basis, we propose a repeatable collaboration process for designing...
The purpose of this paper is to investigate the issue of Enterprise Resource Planning (ERP) system implementation in the context of Make-To-Order (MTO) Small and Medium-size Enterprises (SMEs). No prior study has investigated the whole ERP implementation process in MTO SMEs. Because of the special requirements of both the SME and the MTO context, ERP implementations under these conditions are challenging...
The general problem of employee retention and the ability of an organization to influence and change actual turnover behavior are of great concern to employers, consultants, and academicians alike. This has been especially true in the IT profession. The growing need for IT professionals combined with a shrinking labor pool has made recruitment and retention of IT talent a top priority in many organizations...
Considerable research has been conducted in the area of Communities of Practice (CoP) over the past two decades. This concept, introduced and popularized Brown and Duguid (1991), has been applied in practice and has formed the basis of numerous scholarly articles. This paper takes a small step towards reviewing the extant literature on CoPs, focusing only on empirical papers. We use the following...
Despite frequent allusions to the importance of change management and employee commitment in Business Process Management (BPM) initiatives, academics in this domain have so far failed to analyse how exactly employees perceive and experience these initiatives. Since we know BPM has an impact on employees, it is important for managers that are guiding process related change initiatives or leading people...
Team formation has emphasized a balanced approach to team member composition in order to insure that required knowledge was not missing from the teams. However, with significant knowledge gaps among team members, the existence of a strong knowledge leader amongst a novice group can impact team success over more balanced teams. This research measures team formation based on a balance of prior domain...
Whistle-blowing is a social scheme that some members of an organization accuse their own organization of organizational injustice. The aim of this work is to apply social simulation to study organizational responses toward whistle-blowing for the purpose of its institutional deign. A simulation model was constructed to study the effectiveness of whistle-blowing for prevention of organizational injustice...
The paper aims to study the relationship between the internal governance and the corporate value of the listed companies by using the panel data of the listed companies from 2001 through 2009 in Hebei Province. The results indicate that in Hebei Province the ownership concentration which is featured as the majority of the largest shareholders are state-owned, is significantly and positively related...
Through exploratory case studies, this paper identifies the critical factors for technology roadmapping in Chinese companies, and develops a framework with the relationships between these factors. This provides a “roadmap” for strategic technology and product planning.
This paper considers supply chain performance improvement in a real case study, a Chinese medium-sized aluminum manufacturer. The case supply chain is first described through process mapping. Its inefficiency is analyzed in relation to the associated information flows and material flows. A vendor managed inventory (VMI) strategy is developed and applied to the case supply chain. It is shown that the...
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