Establishing modem enterprise system is the orientation of the reform of state-owned enterprises. Based on the management experience in Shanxi Aluminium Plant, this paper indicates that it is necessary that enterprise...Establishing modem enterprise system is the orientation of the reform of state-owned enterprises. Based on the management experience in Shanxi Aluminium Plant, this paper indicates that it is necessary that enterprise equipment management must set up a series of modern management concepts, explore feasible philosophy for equipment management with enterprise characteristics, and establish a set of scientific equipment management operational system in order to meet the requirements of establishing modern enterprise system and to promote the development of state-owned 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
Corporate governance deals with the agency problem because of the separation of management and finance in modern enterprises. The paper discusses two typical systems in developed countries market-based system and bank...Corporate governance deals with the agency problem because of the separation of management and finance in modern enterprises. The paper discusses two typical systems in developed countries market-based system and banking-based system. Four decisive elements for the formation and changing of corporate governance are found on the basis of analysis .above. The author believes there is no absolute uniform of so called "good" co.rporate governance. It depends much on the specific environment of different countries and companies.展开更多
Vice Premier of the State Council Zou Jiahua made an important speech recently at the National Conference on Selecting Points for Experiments on the Modern Enterprise System. To start his speech, Zou made an analysis ...Vice Premier of the State Council Zou Jiahua made an important speech recently at the National Conference on Selecting Points for Experiments on the Modern Enterprise System. To start his speech, Zou made an analysis of the state of China’s enterprise reform. The Chinese government has for many years been concerned with the reform of enterprises, that of state-owned enterprises in particular. Since the reform and opening began, it has, based on the national conditions, given the enterprises more sell-decision rights, put the Stateowned industrial Enterprise Law of展开更多
Facing with the ever changing effect of internation al and domestic environments, purely new questions, higher requirements, more chal lenges and opportunities, the conventional management pattern of enterprise seem s...Facing with the ever changing effect of internation al and domestic environments, purely new questions, higher requirements, more chal lenges and opportunities, the conventional management pattern of enterprise seem s to be very limited. Concept design is a modern design method of sustainable de velopment strategy rather than a simple design of a certain level within an ente rprise. The digital virtual integration system, which is established on the basi s of concept design, focuses on the comprehensive balance of enterprise developm ent orientation, advanced technology of manufacturing industry and various scien ces, pours into an enterprise a rational, modern and foresight concept and provi des an enterprise with a scientific base to learn from the developed countries a nd regions in the light of its own actuality and characteristics with the final aim to make a perfect and correct decision.展开更多
At present,the domestic agriculture is facing challenges.Farmers' income is relatively low,and more and more rural young workers are divorced from the countryside to work in the relatively developed areas,which ma...At present,the domestic agriculture is facing challenges.Farmers' income is relatively low,and more and more rural young workers are divorced from the countryside to work in the relatively developed areas,which makes agricultural development caught in a vicious circle,so it is difficult to rationally allocate resources and increase industrial vitality.However,the new agricultural system of " Chongzhou Mode" has emerged to indicate a macro direction of agricultural development.In this paper,with " Chongzhou Mode" as the object of study,from the perspective of modern enterprise management,we elaborate some features of this mode such as corporate governance,land transfer cost internalization and human-based management,and explore the role of this mode in promoting employment,Internet +,and reducing market information asymmetry.Finally,we set forth the corresponding展开更多
The Shandong Rushan Ornaments Factory is a state-designated enterprise specializing in the production of gold and silver ornaments. It mainly produces gold, silver, Karat-gold and inlaid ornaments, in line with the IS...The Shandong Rushan Ornaments Factory is a state-designated enterprise specializing in the production of gold and silver ornaments. It mainly produces gold, silver, Karat-gold and inlaid ornaments, in line with the ISO standard. It has more than 20 different products, including rings, necklaces, bracelets, furnishings and earrings, with more than 1,000 varieties, which are sold worldwide.展开更多
Shandong Lukang Medicine Enterprise Group Company The Shandong Lukang Medicine Enterprise Group Company has a core enterprise——Lukang Medicine Holdings Co. Ltd, and six subsidiary companies. It has fixed assets of R...Shandong Lukang Medicine Enterprise Group Company The Shandong Lukang Medicine Enterprise Group Company has a core enterprise——Lukang Medicine Holdings Co. Ltd, and six subsidiary companies. It has fixed assets of RMB1 billion, annual sales revenue of RMB 1.1 billion and annual pre-tax profit of RMB150 million. It is one of China’s large first class enterprises. The group is an important production base in China for antibiotics, semi-展开更多
While conventional family-owned and family-operated farms remain the most common structure, the number of Japanese agricultural corporations has increased in recent years as a result of changing policies. Some of them...While conventional family-owned and family-operated farms remain the most common structure, the number of Japanese agricultural corporations has increased in recent years as a result of changing policies. Some of them are possibly starting to adopt modem corporate management practices to remain viable in a more competitive environment. However, changes in the business structure have not always been accompanied by changes in farm management practices. This study represents a theoretical and empirical investigation into farm modernization practices to provide perspective and recommendations to enhance farm business. Various aspects of farm modernization were considered, including temporal, economic and functional modernization. Critical elements of farm modernization were examined using a structural equation model of surveys, wherein questionnaires were delivered to 2,260 agricultural corporations across Japan in 2014 and 2016, generating 669 usable responses from rice farming corporations. Overall, these corporations demonstrated moderate degrees of modernization, indicating that they have not yet completely transitioned from conventional management styles to modem corporate management and that the farm-household complex system still exists for many of them. It was also found that farm modernization is significantly affected by both production and business management systems, although it was unclear whether a farmer's managerial capabilities were critical for farm modernization. The findings of this study indicate that current farming corporations may benefit from incorporating additional modernization practices. The analytical framework and results will help farmers to better understand their management practices and can be used to provide ideas for policy development to promote competitive farm businesses.展开更多
In this paper, we conduct research on the effectively building patterns of talent incentive and cultural atmosphere for modern enterprise management. Targeted incentive direction refers to the motivation, namely, to w...In this paper, we conduct research on the effectively building patterns of talent incentive and cultural atmosphere for modern enterprise management. Targeted incentive direction refers to the motivation, namely, to what kind of content to implement incentive. It has signifi cant effect on incentive effect. According to American psychologist Maslow’s hierarchy of needs theory, people’s behavior motives originated in fi ve kinds of need, namely: the physiological needs, security needs, belonging needs, respect for the needs and the self-actualization needs. People need not set in stone, which is a developing process from low to high, but the process is not a cascade of discontinuous jumping, but a continuous, the evolution of wave. Under this general basis, we propose the cultural atmosphere for modern enterprise management that is novel and innovative.展开更多
The Shandong Jiuyang Enterprise(Group) Corporation is a large nationalenterprise,with a staff of 3,800.It hasabout 100 varieties of products including pigiron,casting piece,bearing,crankshaft,fan,spring starter,brake ...The Shandong Jiuyang Enterprise(Group) Corporation is a large nationalenterprise,with a staff of 3,800.It hasabout 100 varieties of products including pigiron,casting piece,bearing,crankshaft,fan,spring starter,brake plate and hub,andmodified alloys for special steel.Amongthem,the speed transforming bearing seriesmade to the patents of the USA,the UK andFrance,spring starter developed at home,and new-type dispatch winch,obtain展开更多
On July 3, 1994, recognized by the International DNV and the State Quality Appraisal Centre, the Yantai CMC Bearings Co., Ltd. was awarded the ISO9002 (87 version) certificate and gained three firsts—the first enterp...On July 3, 1994, recognized by the International DNV and the State Quality Appraisal Centre, the Yantai CMC Bearings Co., Ltd. was awarded the ISO9002 (87 version) certificate and gained three firsts—the first enterprise to obtain an ISO9002 certificate in the field of bearings production, in foreign trade circles and in Yantai: The ISO9002 (94 version) certificate was conferred on the enterprise after the first DNV reexamination in March 1995. Yearly growth in output and efficiency enables the enterprise to become the best in the bearings production field. It cannot be denied that the China National展开更多
Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days la...Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This展开更多
The science and technology development of agricultural products processing enterprises in Hubei Province is analyzed.From the perspective of modern marketing,problems in the research and development work of agricultur...The science and technology development of agricultural products processing enterprises in Hubei Province is analyzed.From the perspective of modern marketing,problems in the research and development work of agricultural products processing enterprises are analyzed from the aspects of market,personal training and technology radiation,which are mainly the lack of close connection with market.Countermeasures for the technological innovation of agricultural products processing enterprises are put forward,such as establishing modern enterprise culture with innovative features,strengthening the market benefits of brand,constructing a comprehensive customer orientation information platform,scientifically predicting and developing the market,doing well in market positioning of enterprise,selecting corresponding technology innovation strategy,taking technological innovation strategy as the basis,realizing the transformation from "4P" marketing combination to "4C",cultivating technical personnel,and realizing the integration of professional skill and marketing ability.展开更多
In this paper,it is first briefly described the basic situation and current policies of state owned enterprise reform in China.Then the major issues in the reform process are identified,the possible solutions in term...In this paper,it is first briefly described the basic situation and current policies of state owned enterprise reform in China.Then the major issues in the reform process are identified,the possible solutions in terms of reengineering stock equity structure and state share circulation are discussed,and finally some suggestions are made for the further state owned enterprise reform.Basing on the theory on the modern corporation system,relevant experiences of market economy nations and the practice of Chinese enterprise system reform.The approaches to determine the proportion of state share in the future corporations are proposed.Since the public ownership is not ideologically appropriate,the establishment of social security fund and mutual fund investment companies are suggested as new and acceptable pattern of public ownership.It is believed that these companies will be the major institutional shareholders in the future corporations.Their stock equity structure would mainly consist of institutional shareholders,which will be both consistent with international norms of modern corporations and with socialist public ownership with Chinese characteristics.展开更多
Under the new normal economic growth, lack of motivation, structural imbalances in the economy, the shortage of resources, resource utilization inefficiency, environmental damage and other issues have become increasin...Under the new normal economic growth, lack of motivation, structural imbalances in the economy, the shortage of resources, resource utilization inefficiency, environmental damage and other issues have become increasingly prominent, enterprises as the carrier of economy is one of the root of the problem. Research on enterprise innovation and corporate social responsibility issues, it is conducive to the development of enterprise itself and the transformation of Chinese economy. This paper reviewed the research status of relationships between innovation and corporate social responsibility, through comb the aspects of the definitions and evolution of enterprise innovation and social responsibility, also include both the relationship and the new way(responsible innovation) of combination of them, we found the presence of index system is not perfect, and lack of in-depth comprehensive study and opportunities for future research is prospected.展开更多
This paper aims to investigate the extent to which Malaysian small- and medium-sized enterprises (SMEs) adopted corporate governance (CG) principles and their effects on firm performance. The principles examined i...This paper aims to investigate the extent to which Malaysian small- and medium-sized enterprises (SMEs) adopted corporate governance (CG) principles and their effects on firm performance. The principles examined included: establishing clear roles and responsibilities; strengthening composition; and reinforcing independence. The paper is based on a questionnaire survey study among 113 SMEs that consisted of 35% (39) of manufacturing and related services and 65% (74) from services including information and communication technology (ICT), primary agriculture, construction, mining, and quarrying. The analysis of the data indicates that 32% of the respondents said that the primary reason why they have their own business is to have control over their own working life. This fmding appears to confirm the f'mancing theory that SMEs owners have other goals than profitability. In addition, 30% of SMEs perceived that the most important role played by the board is risk management; hence, these boards have a greater control over financial risks that may lead to better financial performance. The analysis also shows that 81% of the respondents' board consisted of internal board members only. These enterprises need to see the important role of external board members as a source of advice providers and experts to them. For policies relating to clear roles and responsibilities of board, only 28% of the respondents established clear functions reserved for the board and those delegated to management; substantial respondents did not draw up policies relating to reinforce board independency (between 75% and 79%) and to strengthen board composition (46%). Besides, 68% of the respondents have the position of chairman and CEO held by same individuals and 81% of the chairman is an executive member of the board. These findings suggest that SMEs cannot see the importance of strengthening board and having independent board members. Regression analysis also indicates that board independence has a significant and positive impact on firm performance. Hence, SMEs need to appreciate networking advantages, competency, and strategic knowledge that the right board can offer. The governmental ministries and agencies in Malaysia need to take active measures to encourage SMEs to strengthen their board governance, because SMEs are the important economic powers for stimulating national economic growth. This paper contributes to the empirical literatures on the adoption of CG principles and their effects on SMEs' firm performance in emerging markets.展开更多
文摘Establishing modem enterprise system is the orientation of the reform of state-owned enterprises. Based on the management experience in Shanxi Aluminium Plant, this paper indicates that it is necessary that enterprise equipment management must set up a series of modern management concepts, explore feasible philosophy for equipment management with enterprise characteristics, and establish a set of scientific equipment management operational system in order to meet the requirements of establishing modern enterprise system and to promote the development of state-owned 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Corporate governance deals with the agency problem because of the separation of management and finance in modern enterprises. The paper discusses two typical systems in developed countries market-based system and banking-based system. Four decisive elements for the formation and changing of corporate governance are found on the basis of analysis .above. The author believes there is no absolute uniform of so called "good" co.rporate governance. It depends much on the specific environment of different countries and companies.
文摘Vice Premier of the State Council Zou Jiahua made an important speech recently at the National Conference on Selecting Points for Experiments on the Modern Enterprise System. To start his speech, Zou made an analysis of the state of China’s enterprise reform. The Chinese government has for many years been concerned with the reform of enterprises, that of state-owned enterprises in particular. Since the reform and opening began, it has, based on the national conditions, given the enterprises more sell-decision rights, put the Stateowned industrial Enterprise Law of
文摘Facing with the ever changing effect of internation al and domestic environments, purely new questions, higher requirements, more chal lenges and opportunities, the conventional management pattern of enterprise seem s to be very limited. Concept design is a modern design method of sustainable de velopment strategy rather than a simple design of a certain level within an ente rprise. The digital virtual integration system, which is established on the basi s of concept design, focuses on the comprehensive balance of enterprise developm ent orientation, advanced technology of manufacturing industry and various scien ces, pours into an enterprise a rational, modern and foresight concept and provi des an enterprise with a scientific base to learn from the developed countries a nd regions in the light of its own actuality and characteristics with the final aim to make a perfect and correct decision.
文摘At present,the domestic agriculture is facing challenges.Farmers' income is relatively low,and more and more rural young workers are divorced from the countryside to work in the relatively developed areas,which makes agricultural development caught in a vicious circle,so it is difficult to rationally allocate resources and increase industrial vitality.However,the new agricultural system of " Chongzhou Mode" has emerged to indicate a macro direction of agricultural development.In this paper,with " Chongzhou Mode" as the object of study,from the perspective of modern enterprise management,we elaborate some features of this mode such as corporate governance,land transfer cost internalization and human-based management,and explore the role of this mode in promoting employment,Internet +,and reducing market information asymmetry.Finally,we set forth the corresponding
文摘The Shandong Rushan Ornaments Factory is a state-designated enterprise specializing in the production of gold and silver ornaments. It mainly produces gold, silver, Karat-gold and inlaid ornaments, in line with the ISO standard. It has more than 20 different products, including rings, necklaces, bracelets, furnishings and earrings, with more than 1,000 varieties, which are sold worldwide.
文摘Shandong Lukang Medicine Enterprise Group Company The Shandong Lukang Medicine Enterprise Group Company has a core enterprise——Lukang Medicine Holdings Co. Ltd, and six subsidiary companies. It has fixed assets of RMB1 billion, annual sales revenue of RMB 1.1 billion and annual pre-tax profit of RMB150 million. It is one of China’s large first class enterprises. The group is an important production base in China for antibiotics, semi-
文摘While conventional family-owned and family-operated farms remain the most common structure, the number of Japanese agricultural corporations has increased in recent years as a result of changing policies. Some of them are possibly starting to adopt modem corporate management practices to remain viable in a more competitive environment. However, changes in the business structure have not always been accompanied by changes in farm management practices. This study represents a theoretical and empirical investigation into farm modernization practices to provide perspective and recommendations to enhance farm business. Various aspects of farm modernization were considered, including temporal, economic and functional modernization. Critical elements of farm modernization were examined using a structural equation model of surveys, wherein questionnaires were delivered to 2,260 agricultural corporations across Japan in 2014 and 2016, generating 669 usable responses from rice farming corporations. Overall, these corporations demonstrated moderate degrees of modernization, indicating that they have not yet completely transitioned from conventional management styles to modem corporate management and that the farm-household complex system still exists for many of them. It was also found that farm modernization is significantly affected by both production and business management systems, although it was unclear whether a farmer's managerial capabilities were critical for farm modernization. The findings of this study indicate that current farming corporations may benefit from incorporating additional modernization practices. The analytical framework and results will help farmers to better understand their management practices and can be used to provide ideas for policy development to promote competitive farm businesses.
文摘In this paper, we conduct research on the effectively building patterns of talent incentive and cultural atmosphere for modern enterprise management. Targeted incentive direction refers to the motivation, namely, to what kind of content to implement incentive. It has signifi cant effect on incentive effect. According to American psychologist Maslow’s hierarchy of needs theory, people’s behavior motives originated in fi ve kinds of need, namely: the physiological needs, security needs, belonging needs, respect for the needs and the self-actualization needs. People need not set in stone, which is a developing process from low to high, but the process is not a cascade of discontinuous jumping, but a continuous, the evolution of wave. Under this general basis, we propose the cultural atmosphere for modern enterprise management that is novel and innovative.
文摘The Shandong Jiuyang Enterprise(Group) Corporation is a large nationalenterprise,with a staff of 3,800.It hasabout 100 varieties of products including pigiron,casting piece,bearing,crankshaft,fan,spring starter,brake plate and hub,andmodified alloys for special steel.Amongthem,the speed transforming bearing seriesmade to the patents of the USA,the UK andFrance,spring starter developed at home,and new-type dispatch winch,obtain
文摘On July 3, 1994, recognized by the International DNV and the State Quality Appraisal Centre, the Yantai CMC Bearings Co., Ltd. was awarded the ISO9002 (87 version) certificate and gained three firsts—the first enterprise to obtain an ISO9002 certificate in the field of bearings production, in foreign trade circles and in Yantai: The ISO9002 (94 version) certificate was conferred on the enterprise after the first DNV reexamination in March 1995. Yearly growth in output and efficiency enables the enterprise to become the best in the bearings production field. It cannot be denied that the China National
文摘Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This
基金Supported by the Innovation Fund Project for Graduate Students of Wuhan Polytechnic University(09cx028)
文摘The science and technology development of agricultural products processing enterprises in Hubei Province is analyzed.From the perspective of modern marketing,problems in the research and development work of agricultural products processing enterprises are analyzed from the aspects of market,personal training and technology radiation,which are mainly the lack of close connection with market.Countermeasures for the technological innovation of agricultural products processing enterprises are put forward,such as establishing modern enterprise culture with innovative features,strengthening the market benefits of brand,constructing a comprehensive customer orientation information platform,scientifically predicting and developing the market,doing well in market positioning of enterprise,selecting corresponding technology innovation strategy,taking technological innovation strategy as the basis,realizing the transformation from "4P" marketing combination to "4C",cultivating technical personnel,and realizing the integration of professional skill and marketing ability.
基金Supported by National Natural Science Foundation of China(No.79770 0 63)
文摘In this paper,it is first briefly described the basic situation and current policies of state owned enterprise reform in China.Then the major issues in the reform process are identified,the possible solutions in terms of reengineering stock equity structure and state share circulation are discussed,and finally some suggestions are made for the further state owned enterprise reform.Basing on the theory on the modern corporation system,relevant experiences of market economy nations and the practice of Chinese enterprise system reform.The approaches to determine the proportion of state share in the future corporations are proposed.Since the public ownership is not ideologically appropriate,the establishment of social security fund and mutual fund investment companies are suggested as new and acceptable pattern of public ownership.It is believed that these companies will be the major institutional shareholders in the future corporations.Their stock equity structure would mainly consist of institutional shareholders,which will be both consistent with international norms of modern corporations and with socialist public ownership with Chinese characteristics.
基金supported by the 2016 graduate research project of Guizhou University of Finance and Economics: "Enterprise Innovation, Social Responsibility: Interaction Mechanism and Empirical Test"
文摘Under the new normal economic growth, lack of motivation, structural imbalances in the economy, the shortage of resources, resource utilization inefficiency, environmental damage and other issues have become increasingly prominent, enterprises as the carrier of economy is one of the root of the problem. Research on enterprise innovation and corporate social responsibility issues, it is conducive to the development of enterprise itself and the transformation of Chinese economy. This paper reviewed the research status of relationships between innovation and corporate social responsibility, through comb the aspects of the definitions and evolution of enterprise innovation and social responsibility, also include both the relationship and the new way(responsible innovation) of combination of them, we found the presence of index system is not perfect, and lack of in-depth comprehensive study and opportunities for future research is prospected.
文摘This paper aims to investigate the extent to which Malaysian small- and medium-sized enterprises (SMEs) adopted corporate governance (CG) principles and their effects on firm performance. The principles examined included: establishing clear roles and responsibilities; strengthening composition; and reinforcing independence. The paper is based on a questionnaire survey study among 113 SMEs that consisted of 35% (39) of manufacturing and related services and 65% (74) from services including information and communication technology (ICT), primary agriculture, construction, mining, and quarrying. The analysis of the data indicates that 32% of the respondents said that the primary reason why they have their own business is to have control over their own working life. This fmding appears to confirm the f'mancing theory that SMEs owners have other goals than profitability. In addition, 30% of SMEs perceived that the most important role played by the board is risk management; hence, these boards have a greater control over financial risks that may lead to better financial performance. The analysis also shows that 81% of the respondents' board consisted of internal board members only. These enterprises need to see the important role of external board members as a source of advice providers and experts to them. For policies relating to clear roles and responsibilities of board, only 28% of the respondents established clear functions reserved for the board and those delegated to management; substantial respondents did not draw up policies relating to reinforce board independency (between 75% and 79%) and to strengthen board composition (46%). Besides, 68% of the respondents have the position of chairman and CEO held by same individuals and 81% of the chairman is an executive member of the board. These findings suggest that SMEs cannot see the importance of strengthening board and having independent board members. Regression analysis also indicates that board independence has a significant and positive impact on firm performance. Hence, SMEs need to appreciate networking advantages, competency, and strategic knowledge that the right board can offer. The governmental ministries and agencies in Malaysia need to take active measures to encourage SMEs to strengthen their board governance, because SMEs are the important economic powers for stimulating national economic growth. This paper contributes to the empirical literatures on the adoption of CG principles and their effects on SMEs' firm performance in emerging markets.