《管理易》

吴世彩著，甘肃文化出版社2005年10月出版。全书20万字，共276页。全书由引语“管理易”研究之可能展开，分为六章。第一章《易经》与现代管理：一个“援易以为说”的钩深论题。作者肯定了《周易》在中国文化史和世界文化史上的地位，是中华文化的源头活水；叙述了人类历史上管理发展的简要历程，并在此基础上推出“管理易”的出世。

Wear mechanism and serious wear position of casing pipe in vertical backfill drill-hole

Vertical backfill drill-hole is usually a key project in an underground mine with backfill method and can be easily damaged by impact of backfill slurry.Observation of the damaged vertical backfill drill-holes in Jinchuan Nonferrous Metal Corporation（JNMC）,Gansu Province,China,given by a digital drill-hole video camera,indicated that there usually exist serious wear zones in casing pipe in vertical backfill drill-hole（CVBH）.It was suggested that serious wear position of CVBH should be located at an interface between air and solid-liquid mixture within CVBH.Backfill slurry falls freely and impacts the wall of CVBH near the interface with great momentum and energy coming from high speed free fall of backfill slurry.The depth of serious wear position of CVBH,i.e.,free fall height of backfill slurry in CVBH,can be estimated by the height of vertical backfill drill-hole,the length of horizontal pipeline,the density of slurry and the hydraulic gradient of pipeline system.A case study indicated that the estimation equation of serious damage depth of CVBH was of enough accuracy and was helpful for daily maintenance and management of vertical backfill drill-hole.

Analysis of China's tobacco industry competition modes in the government monopoly environment

China is by far the largest producer of tobacco products in the world. As a big tax source, tobacco industry brings about 10%of China's annual income.At present tobacco industry is under the administrative monopoly management in China. The nation's policy and management mechanism greatly influence the competition structure of tobbacco industry. Due to the double character of tobacco, the country generally imposes a high tax and limits total product output in order to control the tobacco market. Therefore, the price signal of tobacco market is distorted and to a large extent the competition of the industry is far from a free one. The cigarette production is in a multi element competition style within the nation's planning system. In other words, administrative monopoly and over competition exist simultaneously in China's tobacco industry. The country predetermines the output quota of each cigarette manufacturing enterprise and the actual production outputs of these enterprises could be adjusted through the quota trades among them. The competition in tobacco industry is mainly represented in 3 modes, i.e.production output competition based on quota trades, value added competition in producing and marketing, and the niche market competition based on product classification.

Enterprises＇ foreign exchange risk management in the floating exchange risk era

Since the foreign exchange reform on July 21^st 2005, the flexibility of RMB exchange rate has becoming big, so has the foreign exchange risk. How to effectively manage foreign exchange risk has become an emergent task to enterprises. This paper introduces the method of foreign exchange forecast which is the base of foreign exchange risk management, and then deeply discusses different measures of managing the risk.

The study of IT development on the international trade in China

International Trade refers to the exchange activities of goods and services among the different countries （and / or regions）. International trade is the international transfer of goods and services. International trade is also called the globe trade. International trade is composed of Import Trade and Export Trade, so it is sometimes also called as import and export trade. Specifically speaking, the management trade refers to the administration and interventions to the foreign trade activities by considering the country＇s macro-economic interests and foreign policy needs. For the international economic organizations, it is the coordinated management of the international economy.

Strategy and Prospects for ZPEB’s Overseas Engineering Projects

As one of the largest enterprises in China, Zhongyuan Petroleum Exploration Bureau. Sinopec （ZPEB） has become a medium-sized onshore oilfield with its exploration and development for more than thirty years. Its annual output with crude oil of several milliontons and natnral gas of several billion cubicmeters has been kept for two decades.

Review on the Trend for Development of World's Petroleum Refining Industry

This article introduces the situation related with the increasingly deteriorating crude quality, the demand for cleaner transportation fuels and clean production processes that the world＇s petroleum refining industry is faced with. This article also suggests that the trend for future development of global refining industry is focused on the economy of scale for the refineries and the oil processing units, the refining structure readjustment, integration of the oil refining and chemical production and formation of oil refining bases. The oil refining industry will uninterruptedly rectify its industry allocation and processing unit configuration and strive for the reduction of production cost through technical progress and management innovations to reduce the production cost, boost the profitability and sharpen the market competitive edge.

The Effect of Real Activities Manipulation on Accrual Earnings Management： The Case in Indonesia Stock Exchange （IDX）

There are three ways to manage earnings, namely, accruals earnings management, real activities manipulation, and shifting of core expense. The famous methods to manage earnings are accruals earnings management and real activities manipulation. Usually, real activities manipulation is conducted on the going period. The action will increase the loss for the firms at the end of the period. To avoid the loss, managers will manage earnings through accruals （discretionary accruals）. Therefore, the objective of this study is to investigate whether real activities manipulation positively influences accruals earnings management. To investigate the issue, this study collected data from Indonesia Stock Exchange （IDX）. Samples of this study are the manufacturing companies. There are 196 firms from the year 2003 to 2007. The results of this study support the research hypothesis that real activities manipulation positively influences accruals earnings management. The higher the real activities manipulation effects, the higher the accruals earnings management at the end of the period.There are three ways to manage earnings, namely, accruals earnings management, real activities manipulation, and shifting of core expense. The famous methods to manage earnings are accruals earnings management and real activities manipulation. Usually, real activities manipulation is conducted on the going period. The action will increase the loss for the firms at the end of the period. To avoid the loss, managers will manage earnings through accruals （discretionary accruals）. Therefore, the objective of this study is to investigate whether real activities manipulation positively influences accruals earnings management. To investigate the issue, this study collected data from Indonesia Stock Exchange （IDX）. Samples of this study are the manufacturing companies. There are 196 firms from the year 2003 to 2007. The results of this study support the research hypothesis that real activities manipulation positively influences accruals earnings management. The higher the real activities manipulation effects, the higher the accruals earnings management at the end of the period.

The Relationship Between Working Capital Management and Profitability of Companies Listed on the Johannesburg Stock Exchange

Efficient working capital management is an integral component of the overall corporate strategy to create shareholders＇ wealth. This paper seeks to extend findings regarding the relationship between working capital management and profitability. A sample of 69 companies listed on the Johannesburg Stock Exchange （JSE） for the period from 1998 to 2008 was selected. The results revealed a statistically significant negative relationship among profitability （as measured through gross operating profit）, the cash conversion cycle （CCC）, and number of days accounts receivable （AR）. The results also revealed a positive and significant relationship among profitability, the number of days accounts payable （AP）, and the number of days inventory （INV）. The results suggested that managers could increase their company＇s profitability by effectively managing the CCC and its components.

Effects of Managers＇ Self-interest Motivation on Listed Company＇ s Business Performance

In recent years, managers＇ self-interest motivation has been attracting more and more attention from both the academia and practice.Therefore, the ways and depth of managers＇ self-interest motivation influencing listed companies＇ operating performance has become a hot research area with important theoretical and practical significance. Based on the samples of A-share companies listed in Shanghai and Shenzhen stock exchange during 2012-2014. we studied different effects of managers＇ self-interest motivation on listed company＇s business performance under different situations.The innovation of this paper mainly lies in the following two points： on the one hand, we did not adopt the previous research methods which does not distinguish different kinds of company＇s business performance. Therefore, we divided business performance into two types firstly, then we made empirical text of the influences of managers＇ self-interest motivation on business performance by virtue of Hausman Model and drew related conclusions under different situations of operating performance. On the other hand, the index measuring managers＇ self-interest is relatively new.

A Privilege Separation Method for Security Commercial Transactions

Privilege user is needed to manage the commercial transactions, but a super-administrator may have monopolize power and cause serious security problem. Relied on trusted computing technology, a privilege separation method is proposed to satisfy the security management requirement for information systems. It authorizes the system privilege to three different managers, and none of it can be interfered by others. Process algebra Communication Sequential Processes is used to model the three powers mechanism, and safety effect is analyzed and compared.

Monitoring and Analysis of SPM of an Industrial Town of Punjab （India）

Suspended particulate matter （SPM） levels in ambient air were monitored at Mandi Gobindgarh, an industrial town of Punjab, India located on the National Highway-1 during November 2001 to March 2002 covering spring and winter seasons to check the variation of SPM and its constituents in the town. The maximum levels of SPM varied between 594 μg/m^3 to 620 μg/m^3 at selected monitoring sites while the minimum levels varied between 209μg/m^3 to 220 μg/m^3. These values were observed always above the National Ambient Air Quality Standards （NAAQS） set by the State regulatory body. Major sources of SPM were identified as the industrial activity and traffic plying on the national highway. Collected SPM samples were further analyzed for the ignitable matter as loss on ignition （LOI） and organic tarry matter （OTM） content. Ignitable component of the SPM constituted about 45% and tarry matter in the ambient air was about 12%. Effects of meteorological parameters like temperature, wind direction and wind speed on SPM levels are discussed.

The whole process confirmation management and its application in coal mine safe production

After analyzing the reasons for coal mine accidents and the current management methods, effective actions for the implementation of safety management were put forward by carrying out the whole process confirmation management. The ba- sic content and the five implementation steps were described, and the implementation method and the program of every step were introduced. Some rules for the implementation of the whole process confirmation management in coal mine safety pro- duction were explained, such as during the process of preproduction, before descent, descent, after descent, walking in the roadway, post-operation, shift, and hoisting after work. The results show that the guardians and the executors should both con- firm the implementation, which can improve the workers＇ attention and self-awareness to avoid errors in detail and reduce the ＂three violations＂ phenomenon. To ensure the effect of the whole process confirmation management, relevant departments should designate a person-in-charge in the specific work in all stages, make a work plan, and strengthen the internal evaluation.

Models for Initial Allocation of Emission Permits in a River Basin During Industrial Development:A Case Study of Huaihe River Basin,China

At present,water pollutant emission trading plays an increasingly important role in pollution control in many foreign countries,and its pilot studies and demonstration have also been started in China.In order to solve the problem of initial allocation of emission permits:premise and basis of emission trading in a river basin,basic principles on initial allocation of actual emission permits in China are put forward.And it is thought that local development stage of industry should be taken into full account for initial allocation model of emission permits.There are five different allocation models in different development stages of industry,including models like distribution according to needs,improved same-rate reduction,performance,integration and environmental capacity,etc.The initial allocation of emission permits in various basins should choose a suitable model in accordance with their respective development stages.It is suggested in this article that integrated allocation model should be a main choice for current development stage of industry in China.

Stakeholder Perspectives on Use,Trade,and Conservation of Medicinal Plants in the Rasuwa District of Central Nepal

People's livelihood in several Himalayan regions largely depends on collection,use,and trade of medicinal plants.Traditional use is generally not a problem,but commercial gathering of selected species to meet increasing national and international demand can result in over-exploitation.Sustainable management of medicinal plants requires a clear understanding of the respective roles,responsibilities and viewpoints of the various stakeholders involved.Through personal interviews and group discussions,this study aimed at investigating the views of two stakeholder groups on use,trade and conservation of medicinal plants in the Rasuwa district of Nepal.Local people and district and national organizations agreed that medicinal plants are collected for a combination of commercial and personal uses.Perceptions on market availability differed significantly:100 % of the respondents from district and national organizations saw markets as easily available,against only 36 % for local people.This could explain why medicinal plants were perceived by local people to contribute less to income generation than to livelihood improvement.Different viewpoints were also expressed concerning the status of medicinal plants in the district:81 % of the respondents from district and national organizationsconsidered that medicinal plants were threatened,compared to only 28 % for local people.Despite this disparity,both stakeholder groups agreed upon potential threats to medicinal plants:over-harvesting;habitat loss due to land-use change and deforestation;and over-grazing by livestock.Several challenges were identified regarding sustainable management of medicinal plants,such as ambiguous policies;lack of resources,information and infrastructures;habitat degradation;and over-exploitation.Despite these challenges,respondents agreed that the medicinal plants sector offers huge opportunities in the Rasuwa district,given resource availability,community awareness and motivation,and the priority given to the sector by governments and other agencies.Proper collaboration,communication and coordination among stakeholders are needed to grab these opportunities.

Status, Impact and Management of Certain Alien Plant Pests Proven to Be Invasive to Thailand＇s Ecology

Introduction of foreign plants and animals into Thailand＇s ecology has a long history, some arrived accidentally and others had a purpose. As global commerce increases, the issue of invasive alien species has become more urgent in Thailand. These agents are increasingly seen as a threat not only to biodiversity and ecosystem, but also to economic development and human well-being. They reduce yields of agricultural crops, forests and fisheries, decrease water availability, cause costly land degradation, block transport routes and contribute to the spread of disease. It is clear that since trade will not stop, dangerous alien species need to be controlled and managed and the strategies and control measures are to prevent, eradicate, contain, or effectively control the invaders. Implementation of these measures requires appropriate legislation, regulation and procedures. The impact of some invasive alien pests and their management on the agricultural sector of Thailand are presented.

Analysis of the Effect of Corporate Social Responsibility on Financial Performance With Earnings Management as a Moderating Variable

This study aims to obtain empirical evidence about the effect on the activity of earnings management practices of Corporate Social Responsibility （CSR）, and further examine the impact of these relationships （earnings management and CSR） effect on the financial performance of companies in the future. Samples used in this study were 27 companies listed in Indonesia Stock Exchange during the years 2006-2008. Data collected by puposive sampling method and statistical method used is ordinary least square regression. The study provides empirical evidence that companies that engage in the practice of earnings management have no influence on CSR activities. In addition, the second hypothesis, based CSR explained that the activities associated with earnings management practices negatively affect the company＇s financial performance in the future.

Usefulness and Effectiveness of Related Party Transactions （RPTs） Disclosure： Empirical Evidence From Italy

Related party transactions （RPTs） can be used by corporate insiders （e.g., managers, controlling shareholders） to expropriate corporate outsiders （e.g., minority shareholders）. We argue that effective disclosure of RPTs can eliminate or at least reduce expropriation phenomena by letting corporate outsiders assess the fairness of the transactions and identify the underlying conflicts of interest. We consider a sample of large RPTs carried out by listed corporations in Italy, a country that has been affected by significant corporate scandals in recent years. In particular, we analyse the content of several compulsory informative documents, required by CONSOB （the Italian Securities and Exchange Commission）, concerning large RPTs. The focus of our content analysis is on the ＂warnings＂ sections of these documents that should convey clear and comprehensive information on potential risks and conflicts of interest. Our empirical results show that, while the ＂warnings＂ sections of the studied documents generally contain all the information required by existing rules, the depth of the information provided is often unlikely to be sufficient to communicate the implications of the RPTs. Thus, readers may not find the disclosed information adequate to evaluate the fairness of the transactions. Moreover, visual representations are rarely used in the informative documents. The use of such representations could allow companies to convey the structures and features of complex RPTs in a simpler and more direct way.

Entrenched Board in New Public Firms： An Empirical Study of Chinese IPOs

This study empirically investigates the impact of managerial entrenchment on firm financial performance of Chinese firms initial public offerings （IPOs）. Using 142 firms listed in the Shenzhen Stock Exchange （SZSE）, which was collected from the Guotaian Research Service Center （GTA-RSC） databases, this study uses two proxies to measure firm performance and three proxies to measure managerial entrenchment. The two proxies for firm performance are Tobins＇ Q and return on assets （ROA）, and the three proxies for managerial entrenchment are entrenchment 1, entrenchment 2, and entrenchment 3. These three entrenchment proxies are derived from the principal component analysis （PCA）. Though previous studies of managerial entrenchment and firm performance variables suffer from endogeneity, with respect to the corporate governance it is unclear as to which variables are endogenous and which are exogenous. This study confirms that the data are linear and no endogeneity issue should be address in this study, but only heteroskedasticity, non-normality for Tobins＇ Q are a problem, therefore, the regression method employed for Tobins＇ Q is the generalised least square （GLS） and the ordinary least square （OLS） between estimators for ROA. The regression result for Tobins＇ Q reveals that managerial entrenchment is negatively impact on firm performance. The results are in contradiction to the stewardship theory for new firms whereas the managerial entrenchment for new firms is positive. Furthermore, only one entrenchment proxy yields a significant coefficient. In conclusion, the negative results of entrenchment proxies were caused by the different institutional structures and legal systems which are the Chinese corporations that are still largely owned and controlled by a state and hence the centralised state controlled was responsible for all managerial actions.

China＇s Marketization since WTO Accession

After joining the World Trade Organization （WTO）, China has intensified market-oriented reforms in the renminbi exchange rate, foreign trade, utilization of foreign funds, and foreign-related economic laws etc. In terms of ownership structure, a move from state-owned asset management system policies toward non-publiclyowned enterprises has been undertaken. In addition, China has proactively reformed the government administration system.