Solving the financing problem in rural areas and improving the level of economic development in rural areas become important guarantees for the expansion of domestic demand. This research, through studying the current...Solving the financing problem in rural areas and improving the level of economic development in rural areas become important guarantees for the expansion of domestic demand. This research, through studying the current situation of rural financing, pointed out the main factors restricting the financing in rural areas, such as high risk credit, slow income growth, high financing cost and difficult mortgage and guaranteed loans. Based on those, the author worked out the objectives and direction of China＇s rural financing reform, from two aspects of path selection of reform and innovation and specific embodiments for adjusting the overall reconstruction, and put forward some relevant countermeasures.展开更多
Financing difficulties have always been one of the bottlenecks restricting the development of"three rural".The core to solve the difficulties is to seek financing collaterals that in line with the law and wi...Financing difficulties have always been one of the bottlenecks restricting the development of"three rural".The core to solve the difficulties is to seek financing collaterals that in line with the law and with the value able to be effectively evaluated.Besides,the law confirmation of the mortgage financing's form for Rural Land ManagementRight(RLMR)is the primary prerequisite for rural land financing.With the continuous advancement of rural revitalization strategy,the rural land reform with the main content of"three powers separation"has paid more attention to the functions of RLMR financing.Due to the lack of supply of existing laws,there are still certain legal risks in the financing of RLMR.Based on rural revitalization strategy,this paper made an in-depth analysis of the causes of financing risk of RLMR.Furthermore,we put forward some possible paths to legalize this right.展开更多
Stage-investing strategy is a primary measure to mitigate asymmetric information during equity investment. This paper attempts to investigate the problem faced by equity investors wishing to make optimal investment de...Stage-investing strategy is a primary measure to mitigate asymmetric information during equity investment. This paper attempts to investigate the problem faced by equity investors wishing to make optimal investment decision under stage-investing strategy. A serial investment-decision making model will be designed to help investors to take the best choice.展开更多
This paper takes the innovative enterprises with substantial financing in2014-2016 as the research sample,uses the foundation layer enterprises under the same conditions as the contrast,and uses the data envelopment a...This paper takes the innovative enterprises with substantial financing in2014-2016 as the research sample,uses the foundation layer enterprises under the same conditions as the contrast,and uses the data envelopment analysis to do empirical research. By comparing the comprehensive technical efficiency,pure technical efficiency and scale efficiency of the sample enterprises and the controlled enterprises,and through the analysis of slack variables of non DEA efficient enterprises,the reasons for the low efficiency and the improvement direction are pointed out. The results show that the financing efficiency of innovation layer enterprises is obviously higher than that of the underlying enterprises,and the financing efficiency has also improved in recent years,but there are still unstable factors,main problem of which is poor operating capacity of funds.展开更多
In recent years,academic attention has been focused on the perfecting policies and service system to support the devel-opment of SMEs.Collection of annuity and Collection of Financing could be a breakthrough,and both ...In recent years,academic attention has been focused on the perfecting policies and service system to support the devel-opment of SMEs.Collection of annuity and Collection of Financing could be a breakthrough,and both are the system designed for SMEs and help break the obstacles on the road ahead and eventually promote the development of SMEs.Is there the link in the design between Collection of Annuity and Collection of Financing?Can they emulate each other and have mutual coordinating development?This paper discussed some issues on it.This paper firstly compares some policy conditions on setting Collection of Annuity plan and implementing Collection of Financing,and then analyzes development and existing problems on Collection of Annuity and Collection of Financing.In the last part,Linkage Mechanism was proposed for building Collection of Annuity and Collection of Financing,which in-cludes Collection Object Linkage,Pension Payment and Collection Financing Linkage,Annuity and Product Design and Capital Market Financing Linkage,ete.展开更多
Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at ...Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The China Finance Review International aims to publish quality empirical and theoretical works on important financial and economic issues in the profession.We encourage ground-breaking research related to new and niche areas in finance,such as Fintech and cryptos,ESG,climate finance,and socially responsible investments.We welcome critiques of existing literature and comparative analysis between emerging markets and developed economies.展开更多
文摘Solving the financing problem in rural areas and improving the level of economic development in rural areas become important guarantees for the expansion of domestic demand. This research, through studying the current situation of rural financing, pointed out the main factors restricting the financing in rural areas, such as high risk credit, slow income growth, high financing cost and difficult mortgage and guaranteed loans. Based on those, the author worked out the objectives and direction of China＇s rural financing reform, from two aspects of path selection of reform and innovation and specific embodiments for adjusting the overall reconstruction, and put forward some relevant countermeasures.
基金A phasic achievement of the Ministry of Education Youth Fund Project named “Law Research on Online Transaction of Rural Land Management Right under the Background of Rural Revitalization Strategy”(Project No.18yjc820001)funded by the China Scholarship Council(Project No.201907845009)
文摘Financing difficulties have always been one of the bottlenecks restricting the development of"three rural".The core to solve the difficulties is to seek financing collaterals that in line with the law and with the value able to be effectively evaluated.Besides,the law confirmation of the mortgage financing's form for Rural Land ManagementRight(RLMR)is the primary prerequisite for rural land financing.With the continuous advancement of rural revitalization strategy,the rural land reform with the main content of"three powers separation"has paid more attention to the functions of RLMR financing.Due to the lack of supply of existing laws,there are still certain legal risks in the financing of RLMR.Based on rural revitalization strategy,this paper made an in-depth analysis of the causes of financing risk of RLMR.Furthermore,we put forward some possible paths to legalize this right.
文摘Stage-investing strategy is a primary measure to mitigate asymmetric information during equity investment. This paper attempts to investigate the problem faced by equity investors wishing to make optimal investment decision under stage-investing strategy. A serial investment-decision making model will be designed to help investors to take the best choice.
基金This thesis is the staged achievement of 2017YCJR001 Program of Yancheng Financial Research Institute and is funded by Key Constructive Disciplines of Jiangsu Province-Applied Econometrics
文摘This paper takes the innovative enterprises with substantial financing in2014-2016 as the research sample,uses the foundation layer enterprises under the same conditions as the contrast,and uses the data envelopment analysis to do empirical research. By comparing the comprehensive technical efficiency,pure technical efficiency and scale efficiency of the sample enterprises and the controlled enterprises,and through the analysis of slack variables of non DEA efficient enterprises,the reasons for the low efficiency and the improvement direction are pointed out. The results show that the financing efficiency of innovation layer enterprises is obviously higher than that of the underlying enterprises,and the financing efficiency has also improved in recent years,but there are still unstable factors,main problem of which is poor operating capacity of funds.
文摘In recent years,academic attention has been focused on the perfecting policies and service system to support the devel-opment of SMEs.Collection of annuity and Collection of Financing could be a breakthrough,and both are the system designed for SMEs and help break the obstacles on the road ahead and eventually promote the development of SMEs.Is there the link in the design between Collection of Annuity and Collection of Financing?Can they emulate each other and have mutual coordinating development?This paper discussed some issues on it.This paper firstly compares some policy conditions on setting Collection of Annuity plan and implementing Collection of Financing,and then analyzes development and existing problems on Collection of Annuity and Collection of Financing.In the last part,Linkage Mechanism was proposed for building Collection of Annuity and Collection of Financing,which in-cludes Collection Object Linkage,Pension Payment and Collection Financing Linkage,Annuity and Product Design and Capital Market Financing Linkage,ete.
文摘Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The China Finance Review International aims to publish quality empirical and theoretical works on important financial and economic issues in the profession.We encourage ground-breaking research related to new and niche areas in finance,such as Fintech and cryptos,ESG,climate finance,and socially responsible investments.We welcome critiques of existing literature and comparative analysis between emerging markets and developed economies.
