The informationization of accounting information systems has brought many improvements to those systems. This paper highlights some of those significant advances in the informationization of accounting information sys...The informationization of accounting information systems has brought many improvements to those systems. This paper highlights some of those significant advances in the informationization of accounting information systems in China. As China has become a major industrial power in the international economy, further improvements for these information systems are critical to the continued successes of China. To additionally improve these systems, China can draw upon the systems from other world economic leaders. With its fully developed capital markets, the United States offers development experience for the external reporting components of a fully integrated information system. This paper discusses a typical integrated information system in the United States and addresses the regulatory milestones that were instrumental in the development of those external components of accounting information systems. Recommendations are presented for improving informationization of systems in China based on U.S. systems＇ responses to those milestones.展开更多
Making market operators responsible for having and giving access to information about their impact on the environment is an important part of changing the way the economy operates in relation to environmental sustaina...Making market operators responsible for having and giving access to information about their impact on the environment is an important part of changing the way the economy operates in relation to environmental sustainability. To this end, the Norwegian access to environmental information act has established a right for the public to access to environmental information from private entities such as business enterprises. In this point, the Norwegian Act goes further than international rules, such as the Aarhus Convention, and also further than any other national legislation. This article presents the rules on access to information from business enterprises, and presents and discusses examples from the implementation of these rules.展开更多
China National Aviation Industry Corpora-tion (CAIC) has developed a complete system for production and sale of leading products mini-vehicles (including mini-cars), as well as e-conomic and luxurious coaches, tank tr...China National Aviation Industry Corpora-tion (CAIC) has developed a complete system for production and sale of leading products mini-vehicles (including mini-cars), as well as e-conomic and luxurious coaches, tank trucks, wrecker truck, garbage trucks, motorcycles展开更多
The IPO process is a way for companies to improve their corporate governance and for investors to assess company quality.This paper posits that investor choices vary with differences in investment ability and experien...The IPO process is a way for companies to improve their corporate governance and for investors to assess company quality.This paper posits that investor choices vary with differences in investment ability and experience.Three groups of investors with large holdings,namely individual investors,bluechip institutional investors and underperforming institutional investors,are compared by their use of three types of corporate governance information:board characteristics,equity structure and affiliated relationships.Overall,institutional investors make greater use of corporate governance information than individual investors,with blue-chip institutional investors making the greatest use.Further,bull-bear markets exert a significant influence on the behavior of both individual and underperforming institutional investors.These results enrich the IPO literature and contribute to optimal social fund allocation in the stock market.展开更多
文摘The informationization of accounting information systems has brought many improvements to those systems. This paper highlights some of those significant advances in the informationization of accounting information systems in China. As China has become a major industrial power in the international economy, further improvements for these information systems are critical to the continued successes of China. To additionally improve these systems, China can draw upon the systems from other world economic leaders. With its fully developed capital markets, the United States offers development experience for the external reporting components of a fully integrated information system. This paper discusses a typical integrated information system in the United States and addresses the regulatory milestones that were instrumental in the development of those external components of accounting information systems. Recommendations are presented for improving informationization of systems in China based on U.S. systems＇ responses to those milestones.
文摘Making market operators responsible for having and giving access to information about their impact on the environment is an important part of changing the way the economy operates in relation to environmental sustainability. To this end, the Norwegian access to environmental information act has established a right for the public to access to environmental information from private entities such as business enterprises. In this point, the Norwegian Act goes further than international rules, such as the Aarhus Convention, and also further than any other national legislation. This article presents the rules on access to information from business enterprises, and presents and discusses examples from the implementation of these rules.
文摘China National Aviation Industry Corpora-tion (CAIC) has developed a complete system for production and sale of leading products mini-vehicles (including mini-cars), as well as e-conomic and luxurious coaches, tank trucks, wrecker truck, garbage trucks, motorcycles
基金sponsored by the National Natural Science Foundation of China(Nos.71272152 and 71172180)
文摘The IPO process is a way for companies to improve their corporate governance and for investors to assess company quality.This paper posits that investor choices vary with differences in investment ability and experience.Three groups of investors with large holdings,namely individual investors,bluechip institutional investors and underperforming institutional investors,are compared by their use of three types of corporate governance information:board characteristics,equity structure and affiliated relationships.Overall,institutional investors make greater use of corporate governance information than individual investors,with blue-chip institutional investors making the greatest use.Further,bull-bear markets exert a significant influence on the behavior of both individual and underperforming institutional investors.These results enrich the IPO literature and contribute to optimal social fund allocation in the stock market.
