The distribution relationship between the profits of state-owned enterprises and the state has been constantly changing with the times. From the state implementing the policy that state-owned enterprises not pay profi...The distribution relationship between the profits of state-owned enterprises and the state has been constantly changing with the times. From the state implementing the policy that state-owned enterprises not pay profits to the state in 1994 to the constant growth of stateowned enterprises in the 21st century,their profits have become more and more abundant. Until 2007,the state issued a document stipulates that the state-owned enterprises should pay part of their profits to the state,but at the initial stage of trial implementation of the policy,the implementation was not effective,and finally in 2010 the state officially announced the collection of profits from state-owned enterprises and increased the proportion of collection. From the perspective of agricultural state-owned enterprises,using the difference-in-difference( DID)model,this paper studied the state policy of increasing the profit delivery proportion of state-owned enterprises in 2020. Through CSMAR database,we selected agricultural state-owned listed companies in the 2008-2013 as samples,tested the impact of the implementation of the new policy in 2010 on the operation performance of agricultural state-owned enterprises,evaluated the implementation effect of the policy through comparing the operation performance before and after the policy,and explored whether the policy has an impact on the bond rating. Through empirical research,it found that increasing the profit delivery proportion of state-owned enterprises is helpful for improving the operation performance of state-owned enterprises and improving the quality of bond ratings,and this policy has more prominent effects on stimulating the performance of monopolistic state-owned enterprises. Therefore,collection of some profits from state-owned enterprises can promote better development of state-owned enterprises and also benefit both the state and the people.展开更多
Based on the latest data, this paper analyses the profitability status of Chinese enterprises and the reasons behind profitability. The authors hold that the profitability of Chinese industrial enterprises has improve...Based on the latest data, this paper analyses the profitability status of Chinese enterprises and the reasons behind profitability. The authors hold that the profitability of Chinese industrial enterprises has improved significantly whilst the degree of monopolization and extent of entry barriers in the industrial sector has decreased. With the exception of a few resource and administrative monopolizing industries, the increasing profitability of Chinese enterprises indicates rising competitiveness. Improved management level, efficient assets operation, enhanced investment benefits and salary-transfer-profit are all contributing to the profitability of enterprises.展开更多
This study focuses on analyzing the factors affecting the production and business efficiency of cement manufacturing enterprises in Tuyen Quang province. Production and business efficiency is measured by profitability...This study focuses on analyzing the factors affecting the production and business efficiency of cement manufacturing enterprises in Tuyen Quang province. Production and business efficiency is measured by profitability ratios including return on assets (ROA), return on equity (ROE) and return on sales (ROS). Using a quantitative research method through estimating a linear regression model based on data of two cement manufacturing companies in the period 2019-2021, the research results show that the factors affecting business efficiency of cement manufacturing enterprises in Tuyen Quang province include size of enterprise, cost ratio, average collection period, inventory turnover, fixed assets turnover and debt ratio.展开更多
For a long time, under the influence of system and environment and other factors, some small and medium-sized agricultural enterprises in China only seek growth of profit in quantity, but neglect the growth of profit ...For a long time, under the influence of system and environment and other factors, some small and medium-sized agricultural enterprises in China only seek growth of profit in quantity, but neglect the growth of profit in quality, leading to low profit quality. This study reasonably defines the concept of profit quality of small and medium-sized agricultural enterprises, and expounds general characteristics of high quality profit. On the basis of general factors influencing profit quality of enterprises, it builds indicator system for evaluating the profit quality of small and medium-sized agricultural enterprises. Also, it conducts an empirical analysis on profit quality of Chinese small and medium-sized enterprises with YM Industrial Co., Ltd in Guang'an City of Sichuan Province as an example.展开更多
Objective To analyze the relationship between the profitability of pharmaceutical enterprises of different scales and their R&D investment.Methods The data of China’s pharmaceutical manufacturing industry from 19...Objective To analyze the relationship between the profitability of pharmaceutical enterprises of different scales and their R&D investment.Methods The data of China’s pharmaceutical manufacturing industry from 1995 to 2016 were selected to establish a vector auto-regression mode,and then an impulse response function and variance decomposition were used to analyze the data.Results and Conclusion For large-scale pharmaceutical enterprises,1%increase in R&D input will lead to 0.792%increase of their main business profit.For medium-sized enterprises,if their main business profit increases by 1%,their R&D input will increase by 0.965%.Therefore,if their R&D input increases by 1%,their main business profit will increase by 1.036%.The improvement of the profitability of large-scale pharmaceutical enterprises cannot promote the increase of R&D capital investment.But the increase of profitability from medium-sized enterprises can promote the increase of R&D capital investment.As a result,the increase of R&D capital investment of large and medium-sized enterprises can improve corporate profitability.展开更多
Based on the two-stage Stackelberg game method, value creation of supply chain cooperation between coal enterprise and power utilities is studied by formulating profit functions of coal and power enterprises and calcu...Based on the two-stage Stackelberg game method, value creation of supply chain cooperation between coal enterprise and power utilities is studied by formulating profit functions of coal and power enterprises and calculating the maximum profit. According to the analysis, it is found that the profit from supply chain cooperation between coal and power enterprises is more than that of non- cooperation. The cooperation is validated to be beneficial for both units; however, the profit is mainly taken by the power enterprise. Thus, it is necessary to set up the incentive mechanism to distribute cooperation value between coal and power enterprises to promote their continual cooperation.展开更多
The Voice over Internet Protocol (VoIP) network greatly saves the communication expanses for enterprises. This paper introduces ZXR10 General Access Router (GAR), the VoIP equipment developed by ZTE Corporation, and i...The Voice over Internet Protocol (VoIP) network greatly saves the communication expanses for enterprises. This paper introduces ZXR10 General Access Router (GAR), the VoIP equipment developed by ZTE Corporation, and its technical advantages. Moreover, it discusses three ZXR10-based VoIP solutions for different scale enterprises.展开更多
Foreign trade enterprises in China are now reviving up their efforts in transforming their foreign trade operational mechanism in line with the requirements of a socialist market economic structure, and State enterpri...Foreign trade enterprises in China are now reviving up their efforts in transforming their foreign trade operational mechanism in line with the requirements of a socialist market economic structure, and State enterprises are being restructured into modern enterprises. Over the past few years, Chinese foreign trade enterprises have undergone progressively deepening reform, changing from carrying out State mandatory planning during the early days of reform into self-governing and profit-展开更多
The mother-in-law and daughter-in-law effect is a widely existing contradiction effect in the family.Analyzing the causes and countermeasures of labor-capital contradiction in enterprise from the perspective of mother...The mother-in-law and daughter-in-law effect is a widely existing contradiction effect in the family.Analyzing the causes and countermeasures of labor-capital contradiction in enterprise from the perspective of mother-in-law and daughter-in-law effect has innovative value inspired by prototype.The mother-in-law and daughter-in-law effect means that although the harmony of the family is beneficial to both mother-in-law and daughter-in-law,the unequal relationship between mother-in-law and daughter-in-law,the gradual awakening of daughter-in-law’s power consciousness,the lack of effective communication between mother-in-law and daughter-in-law,the husband’s favoritism and other reasons produce the phenomenon of“differentiated behavior”or“mutual distrust”between mother-in-law and daughter-in-law,which makes the family contradictions accumulate continuously.Through the method of literature research,this research finds that the causes of mother-in-law and daughter-in-law effect and labor-capital contradiction in enterprise are highly similar.The solution of the mother-in-law and daughter-in-law effect,which has been continuously proved in thousands of households,can be used to analyze the countermeasures and suggestions of the labor-capital contradiction in enterprise.This article analyzes the national and provincial statistical yearbooks,the strategic thinking of the ancient classics Sun Tzu’s Art of War and Sun Bin's Art of War,and modern well-known enterprises’methods of solving labor-capital contradiction in enterprise.It provides a basis for the argument of this article and focuses on analyzing and solving labor-capital contradiction in enterprise.It has the innovative value of combining ancient and modern.展开更多
Jiangsu Suntory Food Co. Ltd.The company was established by jointinvestment from the China International TrustInvestment Corporation, the Jiangsu ProvincialInternational Trust Investment Corporation,
文摘The distribution relationship between the profits of state-owned enterprises and the state has been constantly changing with the times. From the state implementing the policy that state-owned enterprises not pay profits to the state in 1994 to the constant growth of stateowned enterprises in the 21st century,their profits have become more and more abundant. Until 2007,the state issued a document stipulates that the state-owned enterprises should pay part of their profits to the state,but at the initial stage of trial implementation of the policy,the implementation was not effective,and finally in 2010 the state officially announced the collection of profits from state-owned enterprises and increased the proportion of collection. From the perspective of agricultural state-owned enterprises,using the difference-in-difference( DID)model,this paper studied the state policy of increasing the profit delivery proportion of state-owned enterprises in 2020. Through CSMAR database,we selected agricultural state-owned listed companies in the 2008-2013 as samples,tested the impact of the implementation of the new policy in 2010 on the operation performance of agricultural state-owned enterprises,evaluated the implementation effect of the policy through comparing the operation performance before and after the policy,and explored whether the policy has an impact on the bond rating. Through empirical research,it found that increasing the profit delivery proportion of state-owned enterprises is helpful for improving the operation performance of state-owned enterprises and improving the quality of bond ratings,and this policy has more prominent effects on stimulating the performance of monopolistic state-owned enterprises. Therefore,collection of some profits from state-owned enterprises can promote better development of state-owned enterprises and also benefit both the state and the people.
文摘Based on the latest data, this paper analyses the profitability status of Chinese enterprises and the reasons behind profitability. The authors hold that the profitability of Chinese industrial enterprises has improved significantly whilst the degree of monopolization and extent of entry barriers in the industrial sector has decreased. With the exception of a few resource and administrative monopolizing industries, the increasing profitability of Chinese enterprises indicates rising competitiveness. Improved management level, efficient assets operation, enhanced investment benefits and salary-transfer-profit are all contributing to the profitability of enterprises.
文摘This study focuses on analyzing the factors affecting the production and business efficiency of cement manufacturing enterprises in Tuyen Quang province. Production and business efficiency is measured by profitability ratios including return on assets (ROA), return on equity (ROE) and return on sales (ROS). Using a quantitative research method through estimating a linear regression model based on data of two cement manufacturing companies in the period 2019-2021, the research results show that the factors affecting business efficiency of cement manufacturing enterprises in Tuyen Quang province include size of enterprise, cost ratio, average collection period, inventory turnover, fixed assets turnover and debt ratio.
文摘For a long time, under the influence of system and environment and other factors, some small and medium-sized agricultural enterprises in China only seek growth of profit in quantity, but neglect the growth of profit in quality, leading to low profit quality. This study reasonably defines the concept of profit quality of small and medium-sized agricultural enterprises, and expounds general characteristics of high quality profit. On the basis of general factors influencing profit quality of enterprises, it builds indicator system for evaluating the profit quality of small and medium-sized agricultural enterprises. Also, it conducts an empirical analysis on profit quality of Chinese small and medium-sized enterprises with YM Industrial Co., Ltd in Guang'an City of Sichuan Province as an example.
基金Research on Innovation and Development Strategy of Pharmaceutical Industry in Liaoning Province(No.2020lslktyb-095).
文摘Objective To analyze the relationship between the profitability of pharmaceutical enterprises of different scales and their R&D investment.Methods The data of China’s pharmaceutical manufacturing industry from 1995 to 2016 were selected to establish a vector auto-regression mode,and then an impulse response function and variance decomposition were used to analyze the data.Results and Conclusion For large-scale pharmaceutical enterprises,1%increase in R&D input will lead to 0.792%increase of their main business profit.For medium-sized enterprises,if their main business profit increases by 1%,their R&D input will increase by 0.965%.Therefore,if their R&D input increases by 1%,their main business profit will increase by 1.036%.The improvement of the profitability of large-scale pharmaceutical enterprises cannot promote the increase of R&D capital investment.But the increase of profitability from medium-sized enterprises can promote the increase of R&D capital investment.As a result,the increase of R&D capital investment of large and medium-sized enterprises can improve corporate profitability.
文摘Based on the two-stage Stackelberg game method, value creation of supply chain cooperation between coal enterprise and power utilities is studied by formulating profit functions of coal and power enterprises and calculating the maximum profit. According to the analysis, it is found that the profit from supply chain cooperation between coal and power enterprises is more than that of non- cooperation. The cooperation is validated to be beneficial for both units; however, the profit is mainly taken by the power enterprise. Thus, it is necessary to set up the incentive mechanism to distribute cooperation value between coal and power enterprises to promote their continual cooperation.
文摘The Voice over Internet Protocol (VoIP) network greatly saves the communication expanses for enterprises. This paper introduces ZXR10 General Access Router (GAR), the VoIP equipment developed by ZTE Corporation, and its technical advantages. Moreover, it discusses three ZXR10-based VoIP solutions for different scale enterprises.
文摘Foreign trade enterprises in China are now reviving up their efforts in transforming their foreign trade operational mechanism in line with the requirements of a socialist market economic structure, and State enterprises are being restructured into modern enterprises. Over the past few years, Chinese foreign trade enterprises have undergone progressively deepening reform, changing from carrying out State mandatory planning during the early days of reform into self-governing and profit-
文摘The mother-in-law and daughter-in-law effect is a widely existing contradiction effect in the family.Analyzing the causes and countermeasures of labor-capital contradiction in enterprise from the perspective of mother-in-law and daughter-in-law effect has innovative value inspired by prototype.The mother-in-law and daughter-in-law effect means that although the harmony of the family is beneficial to both mother-in-law and daughter-in-law,the unequal relationship between mother-in-law and daughter-in-law,the gradual awakening of daughter-in-law’s power consciousness,the lack of effective communication between mother-in-law and daughter-in-law,the husband’s favoritism and other reasons produce the phenomenon of“differentiated behavior”or“mutual distrust”between mother-in-law and daughter-in-law,which makes the family contradictions accumulate continuously.Through the method of literature research,this research finds that the causes of mother-in-law and daughter-in-law effect and labor-capital contradiction in enterprise are highly similar.The solution of the mother-in-law and daughter-in-law effect,which has been continuously proved in thousands of households,can be used to analyze the countermeasures and suggestions of the labor-capital contradiction in enterprise.This article analyzes the national and provincial statistical yearbooks,the strategic thinking of the ancient classics Sun Tzu’s Art of War and Sun Bin's Art of War,and modern well-known enterprises’methods of solving labor-capital contradiction in enterprise.It provides a basis for the argument of this article and focuses on analyzing and solving labor-capital contradiction in enterprise.It has the innovative value of combining ancient and modern.
文摘Jiangsu Suntory Food Co. Ltd.The company was established by jointinvestment from the China International TrustInvestment Corporation, the Jiangsu ProvincialInternational Trust Investment Corporation,
