Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalizati...Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalization, the direct or indirect impact it suffered can be imagined. The Chinese government adopted a series of measures to deal with the financial crisis.展开更多
Based on the historical development of the problem of rural surplus labor in China,this paper explored its development path.It made an in-depth analysis of the obstacles in the process of rural labor transfer and put ...Based on the historical development of the problem of rural surplus labor in China,this paper explored its development path.It made an in-depth analysis of the obstacles in the process of rural labor transfer and put forward relevant recommendations,including strengthening the cultural knowledge and skills training of the rural surplus labor,improving the relevant systems after migrant workers enter cities,strengthening the protection of the legal rights and interests of migrant workers,and vigorously developing the rural labor transfer market.展开更多
Following is an interview given to our staff reporter by Chinese Minister Tian Chengping of Labor and Social Security on protection of the people＇s right to labor, which is an important part of the national endeavor ...Following is an interview given to our staff reporter by Chinese Minister Tian Chengping of Labor and Social Security on protection of the people＇s right to labor, which is an important part of the national endeavor to protect human rights. The minister spoke on a range of questions, including employment and reemployment of workers in Chinese cities, wages of migrant workers from the countryside, efforts to narrow the gap of income between different population groups, and protection of the legitimate rights and interests of the working masses.展开更多
Labor protection increases employees’stability and strengthens their monitoring role,improving firms’information environment and increasing analysts’earnings forecast accuracy.Using the implementation of China’s L...Labor protection increases employees’stability and strengthens their monitoring role,improving firms’information environment and increasing analysts’earnings forecast accuracy.Using the implementation of China’s Labor Contract Law as a quasi-natural experiment,we find that labor protection significantly improves analyst forecasts.This positive impact is stronger when agency problems are weaker,board independence is greater,corporate reputation is better and industry competition is more intense.Enhanced labor protection significantly reduces firms’business risk and accrual-based earnings management,decreases stock price synchronicity and increases market pricing efficiency.Our findings of significant impacts of China’s Labor Contract Law on analysts’forecasting behaviors offer important guidance for promoting the development of the Chinese capital market and policy making in labor protection.展开更多
文摘Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalization, the direct or indirect impact it suffered can be imagined. The Chinese government adopted a series of measures to deal with the financial crisis.
文摘Based on the historical development of the problem of rural surplus labor in China,this paper explored its development path.It made an in-depth analysis of the obstacles in the process of rural labor transfer and put forward relevant recommendations,including strengthening the cultural knowledge and skills training of the rural surplus labor,improving the relevant systems after migrant workers enter cities,strengthening the protection of the legal rights and interests of migrant workers,and vigorously developing the rural labor transfer market.
文摘Following is an interview given to our staff reporter by Chinese Minister Tian Chengping of Labor and Social Security on protection of the people＇s right to labor, which is an important part of the national endeavor to protect human rights. The minister spoke on a range of questions, including employment and reemployment of workers in Chinese cities, wages of migrant workers from the countryside, efforts to narrow the gap of income between different population groups, and protection of the legitimate rights and interests of the working masses.
基金supported by the China National Natural Science Foundation(No.72073024)the Humanities and Social Sciences Youth Foundation of the Ministry of Education of China(20YJC790150)the Fundamental Research Funds for the Central Universities in UIBE(CXTD13-03)
文摘Labor protection increases employees’stability and strengthens their monitoring role,improving firms’information environment and increasing analysts’earnings forecast accuracy.Using the implementation of China’s Labor Contract Law as a quasi-natural experiment,we find that labor protection significantly improves analyst forecasts.This positive impact is stronger when agency problems are weaker,board independence is greater,corporate reputation is better and industry competition is more intense.Enhanced labor protection significantly reduces firms’business risk and accrual-based earnings management,decreases stock price synchronicity and increases market pricing efficiency.Our findings of significant impacts of China’s Labor Contract Law on analysts’forecasting behaviors offer important guidance for promoting the development of the Chinese capital market and policy making in labor protection.
