近年来,科研论文的合著现象及其与论文影响力之间的关系受到广泛关注。本文以1997—2013年Financial Times TOP 45商学院国际期刊论文为研究对象,对作者数量与论文被引(高被引还是零被引)之间的关系进行实证研究,从论文影响力方面揭示...近年来,科研论文的合著现象及其与论文影响力之间的关系受到广泛关注。本文以1997—2013年Financial Times TOP 45商学院国际期刊论文为研究对象,对作者数量与论文被引(高被引还是零被引)之间的关系进行实证研究,从论文影响力方面揭示商学领域是否存在最佳科研合作规模。研究发现:①与单独作者相比,多作者合作对论文总被引频次具有显著的正向影响,而且多作者合作论文成为高被引的概率更高,而成为零被引的概率更低;②作者数量与论文总被引频次之间存在显著的倒U形关系;进一步研究发现,作者数量与高被引论文概率呈倒U形关系,而与零被引论文概率呈正U形关系,且转折点均约为3人,表明商学领域存在使论文成为高被引而避免成为零被引的最佳合作规模;③分时间阶段实证结果表明,基于高被引和零被引的论文最佳合作规模逐步由2~3人增加至3~4人。展开更多
Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to a...Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to agriculture from 1990 to 2005. It is found that the trend of the financial support to agricultural effectiveness in China presented a downward trend in recent years. The results showed that the overall trend of the financial support to agriculture in China wasn＇t high, and some corresponding proposals were put forward to optimized.展开更多
Engineering facilities subjected to natural hazards(such as winds and earthquakes) will result in risk when any designed system(i.e.capacity) will not be able to meet the performance required(i.e.demand).Risk might be...Engineering facilities subjected to natural hazards(such as winds and earthquakes) will result in risk when any designed system(i.e.capacity) will not be able to meet the performance required(i.e.demand).Risk might be expressed either as a likelihood of damage or potential financial loss.Engineers tend to make use of the former(i.e.damage).Nevertheless,other non-technical stakeholders cannot get useful information from damage.However,if financial risk is expressed on the basis of probable monetary loss,it will be easily understood by all.Therefore,it is necessary to develop methodologies which communicate the system capacity and demand to financial risk,Incremental dynamic analysis(IDA) was applied in a performance-based earthquake engineering context to do hazard analysis,structural analysis,damage analysis and loss analysis of a reinforced concrete(RC) frame structure.And the financial implications of risk were expressed by expected annual loss(EAL).The quantitative risk analysis proposed is applicable to any engineering facilities and any natural hazards.It is shown that the results from the IDA can be used to assess the overall financial risk exposure to earthquake hazard for a given constructed facility.The computational IDA-EAL method will enable engineers to take into account the long-term financial implications in addition to the construction cost.Consequently,it will help stakeholders make decisions.展开更多
The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the ef...The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the efficiency of the agricultural industrialization＇s financial supports, made a deep study of its influencing factors, which have an extremely important influence on the perfect agricultural industrialization＇s development.展开更多
It’s known to all that under ideal condition the s to rage cost is kept in lower level when storage management be arranged by Economic Order Quantity(EOQ).Does this mean that any companies should set up their own sto...It’s known to all that under ideal condition the s to rage cost is kept in lower level when storage management be arranged by Economic Order Quantity(EOQ).Does this mean that any companies should set up their own storing system in proportion to the scale of the commodities’ producing or sell ing Furthermore, even if they manage storage in EOQ, because of different oper ation scale, geographical condition or ability borrowing money from financial ma rket, different companies pay unequal cost in storing the same commodity.In thi s paper, except for supplying commodities from our own storage system, the autho rs have analyzed other two supplying ways without whole storage system, they are forward contracts and futures contracts.The authors have discussed variable su pply cost for above different supply measures.According to the cost of each sup ply way, the managers can choose the most economical way in supplying the commod ity and predict the price of futures from storage management arranged by EOQ.Th e summary content is as follow: 1. The comparing of supply cost between forward contracts and storing system a rranged by EOQ. (1) The supply cost from forward contracts (2) The supply cost from storage system arranged by Economic Order Quantity (3) The application example for comparing cost in different supply way 2.The comparing of supply cost between futures going physical and storing syst em arranged by Economic Order Quantity. (1) The supply cost from futures going physical (2) The correlation between futures contracts and storage management arranged b y EOQ (3) The application example for comparing cost in different supply way 3.How does storing system of scale economic affect the price of forward and fu tures contracts (1) How does the price of forward and futures contracts fluctuate (2) How do we calculate the price of a commodity at future point from the cost of scale economic storing (3) How do we operate efficiently in derivatives market by using the cost of sc ale economic storing (4) The application example for analyzing the price of futures 4.The correlation among storage managementforward contracts and futures mark et.展开更多
In an era of economic and financialglobalization,finance plays an increasingly vital role in thedriver of economy and society.International financialcooperation promotes national economic development andmakes countrie...In an era of economic and financialglobalization,finance plays an increasingly vital role in thedriver of economy and society.International financialcooperation promotes national economic development andmakes countries engage in global economic cooperation andgovernance.Because of falling commodity prices,weakdemand for manufactured goods,volatility in developedmarkets and a tightened quantitative easing policy in the U.S.,emerging countries are in a precarious financial state astrade decreases and growth slows.All countries now have topose the common challenge of stabilizing financial markets,regaining global growth momentum and improvinginternational financial and economic governance.Expandingfinancial cooperation may be a way to address these issues.This paper analyzes the significance of financial cooperationto facilitate the common development of BRICS nations.Itexamines the background,the characteristics,the maincontents and the challenges faced by the cooperative modeland the way forward as well.The goal is elaborate onexisting research while providing policy references for allemerging economies to guide them in the process of buildingfinancial partnerships.展开更多
The integration of international economy dominated wi th the financial market leads to fierce competition. This requires firms impleme nt modern corporate financial mechanism. From the view of the current situation of...The integration of international economy dominated wi th the financial market leads to fierce competition. This requires firms impleme nt modern corporate financial mechanism. From the view of the current situation of financial management in China, we demonstrates the differences in financial m anagement between Chinese enterprises and international companies by describing detailed case studies of typical large enterprises in China. To transform the enterprise management mechanism, the enterprise financial m echanism must be transformed accordingly. The basic ideas for its transformation and establishment include: 1. Changing the managerial ideology, that is, completing the ideological chan ge from the management of goods to the management of capital; 2. Establishing a scientific organizational mechanism for financial managemen t; 3. Establishing a mechanism for scientific management, supervision and assess ment; 4. Training high-level financial management personnel with modern management knowledge; 5. Dividing promotion center, distribution center, cost center and profit cen ter in financial division. In view of the above basic ideas and basic principles for the transformation and establishment of enterprise financial mechanism, we found that: the basic conte nt that needs transformation in the theory of China’s traditional enterprise fin ancial mechanism should include the content of finance main body, the content of financial objectives, the content of financial organizational structure and the content of environment for financial management. At the same time the following theories should be introduced, particularly the theories of capital time value, of risk in finance management and risk management, of the capital cost and capi tal structure, so as to establish a basic theoretical framework for the modern e nterprise financial mechanism. Based on the analyses, this paper discusses the impacts of economic globaliz ation to Chinese large enterprises and their financial management systems. From the current situation of Chinese companies’ financial management, this paper dem onstrates the adaptations to the differences in financial management of Chin ese enterprises with case study.展开更多
Information analysis of high dimensional data was carried out through similarity measure application. High dimensional data were considered as the a typical structure. Additionally, overlapped and non-overlapped data ...Information analysis of high dimensional data was carried out through similarity measure application. High dimensional data were considered as the a typical structure. Additionally, overlapped and non-overlapped data were introduced, and similarity measure analysis was also illustrated and compared with conventional similarity measure. As a result, overlapped data comparison was possible to present similarity with conventional similarity measure. Non-overlapped data similarity analysis provided the clue to solve the similarity of high dimensional data. Considering high dimensional data analysis was designed with consideration of neighborhoods information. Conservative and strict solutions were proposed. Proposed similarity measure was applied to express financial fraud among multi dimensional datasets. In illustrative example, financial fraud similarity with respect to age, gender, qualification and job was presented. And with the proposed similarity measure, high dimensional personal data were calculated to evaluate how similar to the financial fraud. Calculation results show that the actual fraud has rather high similarity measure compared to the average, from minimal 0.0609 to maximal 0.1667.展开更多
In this paper, decision mechanism of credit-risk for banks is studied when the loan interest rate is fixed with asymmetry information in credit market. We give out the designs of rationing and non-rationing on credit ...In this paper, decision mechanism of credit-risk for banks is studied when the loan interest rate is fixed with asymmetry information in credit market. We give out the designs of rationing and non-rationing on credit risky decision mechanism when collateral value provided by an entrepreneur is not less than the minimum demands of the bank. It shows that under the action of the mechanism, banks could efficiently identify the risk size of the project. Finally, the condition of the project investigation of bank is given over again.展开更多
Since 2009, the new rural pension insurance in Heilongjiang Province has obtained certain achievements, but the effects are not obvious. Reflection on the development process, we find that there are a lot of problems....Since 2009, the new rural pension insurance in Heilongjiang Province has obtained certain achievements, but the effects are not obvious. Reflection on the development process, we find that there are a lot of problems. Therefore, in order to guarantee the smooth implementation of new rural social pension insurance work in Heilongjiang Province, this paper combined with the reality to provide several suggestions for improving the new rural social pension insurance system in Heilongjiang Province.展开更多
Rural finance is an issue concerned with rural people, improving rural financial management is important to close the relations of cadres and masses, maintain rural stability, and promote rural economic development. T...Rural finance is an issue concerned with rural people, improving rural financial management is important to close the relations of cadres and masses, maintain rural stability, and promote rural economic development. This article explained the main problems of village financial, the needs of introducing commission and agent system of ＂village-level accounting＂ for building a new socialist countryside, and the measures of improving commission and agent system of ＂village-level accounting＂.展开更多
Background The China Finance Review International is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The journal publishes quality empirical an...Background The China Finance Review International is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The journal publishes quality empirical and theoretical research on financial and economic issues.展开更多
Background The China Finance Review International is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The journal publishes quality empirical an...Background The China Finance Review International is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The journal publishes quality empirical and theoretical research on financial and economic issues.展开更多
China Finance Review International*published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China ...China Finance Review International*published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China and globally.It is the wish of the Editorial Board that discussions and debates published in the journal will have strong impact on China’s economic and financial policy-making processes,the development of the finance and ecor omics discipline and on developing countries hoping to learn from China’s financial and economic development.展开更多
文摘近年来,科研论文的合著现象及其与论文影响力之间的关系受到广泛关注。本文以1997—2013年Financial Times TOP 45商学院国际期刊论文为研究对象,对作者数量与论文被引(高被引还是零被引)之间的关系进行实证研究,从论文影响力方面揭示商学领域是否存在最佳科研合作规模。研究发现:①与单独作者相比,多作者合作对论文总被引频次具有显著的正向影响,而且多作者合作论文成为高被引的概率更高,而成为零被引的概率更低;②作者数量与论文总被引频次之间存在显著的倒U形关系;进一步研究发现,作者数量与高被引论文概率呈倒U形关系,而与零被引论文概率呈正U形关系,且转折点均约为3人,表明商学领域存在使论文成为高被引而避免成为零被引的最佳合作规模;③分时间阶段实证结果表明,基于高被引和零被引的论文最佳合作规模逐步由2~3人增加至3~4人。
文摘Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to agriculture from 1990 to 2005. It is found that the trend of the financial support to agricultural effectiveness in China presented a downward trend in recent years. The results showed that the overall trend of the financial support to agriculture in China wasn＇t high, and some corresponding proposals were put forward to optimized.
基金Project(2011CB013804) supported by the National Basic Research Program of ChinaProject(50925828) supported by the National Natural Science Funds for Distinguished Young Scholars of China
文摘Engineering facilities subjected to natural hazards(such as winds and earthquakes) will result in risk when any designed system(i.e.capacity) will not be able to meet the performance required(i.e.demand).Risk might be expressed either as a likelihood of damage or potential financial loss.Engineers tend to make use of the former(i.e.damage).Nevertheless,other non-technical stakeholders cannot get useful information from damage.However,if financial risk is expressed on the basis of probable monetary loss,it will be easily understood by all.Therefore,it is necessary to develop methodologies which communicate the system capacity and demand to financial risk,Incremental dynamic analysis(IDA) was applied in a performance-based earthquake engineering context to do hazard analysis,structural analysis,damage analysis and loss analysis of a reinforced concrete(RC) frame structure.And the financial implications of risk were expressed by expected annual loss(EAL).The quantitative risk analysis proposed is applicable to any engineering facilities and any natural hazards.It is shown that the results from the IDA can be used to assess the overall financial risk exposure to earthquake hazard for a given constructed facility.The computational IDA-EAL method will enable engineers to take into account the long-term financial implications in addition to the construction cost.Consequently,it will help stakeholders make decisions.
基金Supported by the Sociology Scientific Fund of Heilongjiang Province(12C033)
文摘The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the efficiency of the agricultural industrialization＇s financial supports, made a deep study of its influencing factors, which have an extremely important influence on the perfect agricultural industrialization＇s development.
文摘It’s known to all that under ideal condition the s to rage cost is kept in lower level when storage management be arranged by Economic Order Quantity(EOQ).Does this mean that any companies should set up their own storing system in proportion to the scale of the commodities’ producing or sell ing Furthermore, even if they manage storage in EOQ, because of different oper ation scale, geographical condition or ability borrowing money from financial ma rket, different companies pay unequal cost in storing the same commodity.In thi s paper, except for supplying commodities from our own storage system, the autho rs have analyzed other two supplying ways without whole storage system, they are forward contracts and futures contracts.The authors have discussed variable su pply cost for above different supply measures.According to the cost of each sup ply way, the managers can choose the most economical way in supplying the commod ity and predict the price of futures from storage management arranged by EOQ.Th e summary content is as follow: 1. The comparing of supply cost between forward contracts and storing system a rranged by EOQ. (1) The supply cost from forward contracts (2) The supply cost from storage system arranged by Economic Order Quantity (3) The application example for comparing cost in different supply way 2.The comparing of supply cost between futures going physical and storing syst em arranged by Economic Order Quantity. (1) The supply cost from futures going physical (2) The correlation between futures contracts and storage management arranged b y EOQ (3) The application example for comparing cost in different supply way 3.How does storing system of scale economic affect the price of forward and fu tures contracts (1) How does the price of forward and futures contracts fluctuate (2) How do we calculate the price of a commodity at future point from the cost of scale economic storing (3) How do we operate efficiently in derivatives market by using the cost of sc ale economic storing (4) The application example for analyzing the price of futures 4.The correlation among storage managementforward contracts and futures mark et.
文摘In an era of economic and financialglobalization,finance plays an increasingly vital role in thedriver of economy and society.International financialcooperation promotes national economic development andmakes countries engage in global economic cooperation andgovernance.Because of falling commodity prices,weakdemand for manufactured goods,volatility in developedmarkets and a tightened quantitative easing policy in the U.S.,emerging countries are in a precarious financial state astrade decreases and growth slows.All countries now have topose the common challenge of stabilizing financial markets,regaining global growth momentum and improvinginternational financial and economic governance.Expandingfinancial cooperation may be a way to address these issues.This paper analyzes the significance of financial cooperationto facilitate the common development of BRICS nations.Itexamines the background,the characteristics,the maincontents and the challenges faced by the cooperative modeland the way forward as well.The goal is elaborate onexisting research while providing policy references for allemerging economies to guide them in the process of buildingfinancial partnerships.
文摘The integration of international economy dominated wi th the financial market leads to fierce competition. This requires firms impleme nt modern corporate financial mechanism. From the view of the current situation of financial management in China, we demonstrates the differences in financial m anagement between Chinese enterprises and international companies by describing detailed case studies of typical large enterprises in China. To transform the enterprise management mechanism, the enterprise financial m echanism must be transformed accordingly. The basic ideas for its transformation and establishment include: 1. Changing the managerial ideology, that is, completing the ideological chan ge from the management of goods to the management of capital; 2. Establishing a scientific organizational mechanism for financial managemen t; 3. Establishing a mechanism for scientific management, supervision and assess ment; 4. Training high-level financial management personnel with modern management knowledge; 5. Dividing promotion center, distribution center, cost center and profit cen ter in financial division. In view of the above basic ideas and basic principles for the transformation and establishment of enterprise financial mechanism, we found that: the basic conte nt that needs transformation in the theory of China’s traditional enterprise fin ancial mechanism should include the content of finance main body, the content of financial objectives, the content of financial organizational structure and the content of environment for financial management. At the same time the following theories should be introduced, particularly the theories of capital time value, of risk in finance management and risk management, of the capital cost and capi tal structure, so as to establish a basic theoretical framework for the modern e nterprise financial mechanism. Based on the analyses, this paper discusses the impacts of economic globaliz ation to Chinese large enterprises and their financial management systems. From the current situation of Chinese companies’ financial management, this paper dem onstrates the adaptations to the differences in financial management of Chin ese enterprises with case study.
基金Project(RDF 11-02-03)supported by the Research Development Fund of XJTLU,China
文摘Information analysis of high dimensional data was carried out through similarity measure application. High dimensional data were considered as the a typical structure. Additionally, overlapped and non-overlapped data were introduced, and similarity measure analysis was also illustrated and compared with conventional similarity measure. As a result, overlapped data comparison was possible to present similarity with conventional similarity measure. Non-overlapped data similarity analysis provided the clue to solve the similarity of high dimensional data. Considering high dimensional data analysis was designed with consideration of neighborhoods information. Conservative and strict solutions were proposed. Proposed similarity measure was applied to express financial fraud among multi dimensional datasets. In illustrative example, financial fraud similarity with respect to age, gender, qualification and job was presented. And with the proposed similarity measure, high dimensional personal data were calculated to evaluate how similar to the financial fraud. Calculation results show that the actual fraud has rather high similarity measure compared to the average, from minimal 0.0609 to maximal 0.1667.
基金This project was supported by Fubangs Science & Technology Company Ltd.
文摘In this paper, decision mechanism of credit-risk for banks is studied when the loan interest rate is fixed with asymmetry information in credit market. We give out the designs of rationing and non-rationing on credit risky decision mechanism when collateral value provided by an entrepreneur is not less than the minimum demands of the bank. It shows that under the action of the mechanism, banks could efficiently identify the risk size of the project. Finally, the condition of the project investigation of bank is given over again.
基金Supported by the Philosophy Social Science Fund Project of Heilongjiang Province (10D061)
文摘Since 2009, the new rural pension insurance in Heilongjiang Province has obtained certain achievements, but the effects are not obvious. Reflection on the development process, we find that there are a lot of problems. Therefore, in order to guarantee the smooth implementation of new rural social pension insurance work in Heilongjiang Province, this paper combined with the reality to provide several suggestions for improving the new rural social pension insurance system in Heilongjiang Province.
基金The Stage Achievement of the Item "Theory and Policy Research on Building A New Socialist Countryside"in Heilongjiang Philosophy and Social Service Research Base (Economic of Agricultural and Rural Area) (05zd001)
文摘Rural finance is an issue concerned with rural people, improving rural financial management is important to close the relations of cadres and masses, maintain rural stability, and promote rural economic development. This article explained the main problems of village financial, the needs of introducing commission and agent system of ＂village-level accounting＂ for building a new socialist countryside, and the measures of improving commission and agent system of ＂village-level accounting＂.
文摘Background The China Finance Review International is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The journal publishes quality empirical and theoretical research on financial and economic issues.
文摘Background The China Finance Review International is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The journal publishes quality empirical and theoretical research on financial and economic issues.
文摘China Finance Review International*published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China and globally.It is the wish of the Editorial Board that discussions and debates published in the journal will have strong impact on China’s economic and financial policy-making processes,the development of the finance and ecor omics discipline and on developing countries hoping to learn from China’s financial and economic development.
