Research on the Optimization and Upgrading Path of Enterprise Financial Management from the Perspective of the Digital Economy

At present,China has entered the era of the digital economy,the business environment faced by enterprses has changed significantly,and the traditional financial management model is no longer adaptable due to market demand.Hence,enterprises need to study the characteristics of the digital economy and adopt ffective financial management oplimization and upgrading paths.This article summarizes the characteristics of the digital economy,concludes and analyzes the opportunities and challenges faced by corporate financial management from the perspective of the digital economy,investigates the necessity ol optimizing and upgrading corporate financial management,and examines the efective optimization and upgrading paths,hoping to provide reference information for corporate financial managers.

Can the low-carbon city pilot policy promote the upgrading of high-carbon emitting enterprises? Evidence from China

As a crucial environmental reform system to realize“carbon peaking”and“carbon neutrality”,the pilot policy of low-carbon cities(LCCs)puts pressure and challenges on high-carbon emitting enterprises(HCEEs)while providing opportunities for these firms to take the path of independent transformation.Employing the data of Chinese listed enterprises from 2006 to 2016 and adopting a difference-in-differences(DID)model,we evaluated the impact of LCC construction on the upgrading of HCEEs and its mechanisms.The results indicate that LCC construction enhances the upgrading of HCEEs in the pilot cities.The conclusions remain stable after a series of robustness tests.The mechanism analysis reveals that LCC construction triggers the upgrading of HCEEs by promoting resource allocation efficiency,R&D investment,and green technology innovation.The heterogeneity results indicate that this positive effect is more pronounced for HCEEs in regions with more stringent environmental law enforcement.This study also observes that the upgrading impact is more promi‐nent for state-owned enterprises,enterprises with higher bargaining power,and enterprises whose managers have a long-term vision.The above results provide directions for upgrading HCEEs and replicable evidence for cities in developing economies to fulfill the win-win target of environmental protection and economic transfor‐mation.

“双碳”目标下重污染企业ESG表现与企业升级

企业良好的ESG表现可以降低代理成本和融资成本,提高企业的运营效率,从而促进企业升级。本文以2012—2021年中国沪深A股上市公司重污染企业为样本,探究“双碳”目标下重污染企业ESG表现对企业升级的作用机制。研究发现,企业良好的ESG表现可以促进重污染企业升级,企业数字化水平在重污染企业ESG表现和企业升级之间起到了部分中介效应,税收优惠正向调节了重污染企业数字化水平的中介效应。进一步探究还发现:重污染行业中非国有企业相较于国有企业而言,ESG表现对企业升级的影响较弱;中小规模企业相较于大规模企业而言,ESG表现对企业升级的促进作用更强;重污染企业ESG表现对于企业升级的影响具有一定的滞后性。

基于三层B/S架构的企业信息化管理系统的设计

为解决企业管理系统中存在的数据冗余、不一致、数据同步效率低等问题,文章通过引入三层浏览器/服务器(B/S)架构模式,实现了对企业信息化管理系统的研究。该系统的设计主要包含数据库设计、系统管理、生产管理、统计报表等主要功能模块的设计。系统由浏览器向服务器发送请求,服务器接收请求并处理,然后将结果返回给浏览器。系统采用了MVC设计模式,将数据层、业务层和表示层分离开来,提高了可维护性、可扩展性和可重用性。该系统的应用不仅达到了数据远程共享的目的,还实现了对现骨干数据及报表的查询功能,可充分满足企业的信息化管理需求。

Upgrading Pathways of Intelligent Manufacturing in China:Transitioning across Technological Paradigms

Intelligent technologies are leading to the next wave of industrial revolution in manufacturing.In developed economies,firms are embracing these advanced technologies following a sequential upgrading strategy-from digital manufacturing to smart manufacturing(digital-networked),and then to newgeneration intelligent manufacturing paradigms.However,Chinese firms face a different scenario.On the one hand,they have diverse technological bases that vary from low-end electrified machinery to leading-edge digital-network technologies;thus,they may not follow an identical upgrading pathway.On the other hand,Chinese firms aim to rapidly catch up and transition from technology followers to probable frontrunners;thus,the turbulences in the transitioning phase may trigger a precious opportunity for leapfrogging,if Chinese manufacturers can swiftly acquire domain expertise through the adoption of intelligent manufacturing technologies.This study addresses the following question by conducting multiple case studies:Can Chinese firms upgrade intelligent manufacturing through different pathways than the sequential one followed in developed economies?The data sources include semistructured interviews and archival data.This study finds that Chinese manufacturing firms have a variety of pathways to transition across the three technological paradigms of intelligent manufacturing in nonconsecutive ways.This finding implies that Chinese firms may strategize their own upgrading pathways toward intelligent manufacturing according to their capabilities and industrial specifics;furthermore,this finding can be extended to other catching-up economies.This paper provides a strategic roadmap as an explanatory guide to manufacturing firms,policymakers,and investors.

Intelligent Transformation and Upgrading of Oil Refining & Petrochemical Industries in China:Investigation & Application

The oil refining and petrochemical industry in China has made great achievements after decades of development, and its capacity has already ranked second in the world. However, the refining industry is suffering some challenges, such as severe overcapacity at present, and has entered a new economic normal, in which the technological progress develops rapidly, the demand for green and low-carbon development is stricter, the market competition is increasingly fiercer and the profit margins are gradually narrowing. In such a situation, informatization and its new technologies are driving the significant reforming of manufacturing patterns, marketing patterns, management and decision-making patterns. Intelligent development is the inevitable choice for the transformation and upgrading of oil refining and petrochemical industry. It is suggested that the intelligent evaluating model and method should be adopted to enterprise’s intelligentializing transformation and upgrading by laying a solid foundation of digital refinery and implemenation of digital upgrading.

环保费改税与企业ESG表现

以中国环保费改税——《中华人民共和国环境保护税法》的实施为自然实验,利用2013-2022年中国A股上市公司的数据,运用DID方法,实证检验了环保费改税对重污染企业的环境、社会和治理(ESG)绩效的影响,研究结果如下:第一,环保费改税的实施显著提高了重污染企业的ESG表现,表明环保费改税对企业的环境行为和社会责任具有有效的约束和激励作用;第二,在对样本进行分组分析后,发现环保费改税对非高科技企业、东部地区企业、税负率较低的企业、重度污染企业ESG表现的提升效果更为显著,说明环保费改税对不同类型的企业和不同地区的企业具有差异化的影响;第三,通过探讨环保费改税对ESG表现的作用机制,发现环保费改税之后,重污染企业会进行转型升级,并更多地进行绿色投资,而企业转型升级和绿色投资可以促进ESG表现的提升。研究表明,环保费改税对企业的ESG表现有积极的影响。这为中国深化和完善绿色税制改革提供了有价值的启示和建议,例如要树立绿色发展的理念,加强环保理念的宣传教育,优化和协调环保政策的体系和执行。

E-Commerce Strategies for Chinese Clothing Enterprises

This paper studies the characteristics and consuming behaviors of the Chinese people. The difficulties in developing e-commerce for enterprises in China are discussed and the practical strategies suitable for China’s clothing enterprises are proposed.

On the Mechanism of Evolution for Enterprise＇s Sustainable Growth Based on the Theory of Self-organization

The capabilities of industry, technology, institution and market power form the model of four-capability structure for enterprise＇s sustainable growth. The firm＇s system has the characteristics of dissipative structure. The process of the formation for the sustainable growth capability is one of self-organization operations. The evolution and development of sustainable growth capability is the result of inter-functions and inter-operations among all the sub-systems. On the whole, the current level of sustainable growth capability, the four-capability structure and the random rise-and-fall elements of the external environment determine the direction, speed and level of transition of sustainable growth capability. The self-organization mechanism of the enterprise＇s sustainable growth can be illustrated by the instability of system evolution, the sequence parameter, the potential function and the nonequilibrium phase transition. Chinese firms must pay attention to industry selecting and positioning, technology innovation, institution reform and cultivation of market power, and accelerate the formation of self-organization and effective operation through the dynamic integration and inter-operation of industry, technology, institution and market power. Only in this way can firms cultivate and develop their sustainable growth capability and realize enterprises＇ sustainable growth finally.

China' s Top 10 Large Casting Enterprises in 2005

Basic information Add: Xinxing Casting Pipe Industry Zone, Wuan City 056300, Hebei Province, P. R.

ZTE's Enterprise VoIP Solutions

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.

China's Foreign Trade Enterprises and Modern Enterprise System

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-

Research on the Countermeasures of labor-capital contradiction in enterprise from the Perspective of Mother-in-Law and Daughter-in-Law Effect

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.

Lianyungang's Famous Enterprises and Products

Jiangsu Suntory Food Co. Ltd.The company was established by jointinvestment from the China International TrustInvestment Corporation, the Jiangsu ProvincialInternational Trust Investment Corporation,

Inspiration of Successful Experience of U.S. and European Enterprises Leveraging Sports Marketing on ＂Going Global＂ of Chinese Enterprises

With the globalization of sports event, sports marketing has become a promotion strategy of more and more enterprises. Chinese enterprises have also gradually realized the commercial val^e of sports. Sports marketing has been paid increasing attention by enterprises as a means of brand promotion. Through the analysis of the sports marketing experience of five representative enterprises, Intel, Coca-cola, Herbalife, Omega and Babycare, this paper explores their successful experience, so as to assist Chinese enterprises in ＂going global＂ with the help of sports marketing.

TOP 50 IN CHINA'S PHARMACEUTICAL ENTERPRISES

Ⅰ. Chemical pharmaceutical industrialenterprises(40):North China Pharmaceutical PlantSouth Pharmaceutical PlantHarbin Pharmaceutical Co.,Ltd.Northeast Pharmaceutical Corporation(Group)