Current status and existing problems in the Chinese cosmetic industry areanalyzed from the aspects of industry scale, technology and management level, R&D investment andhuman resources. Strategies to promote the i...Current status and existing problems in the Chinese cosmetic industry areanalyzed from the aspects of industry scale, technology and management level, R&D investment andhuman resources. Strategies to promote the industry are also put forward, such as increasing entrybarrier to optimize industry structure, tightening regulatory controls to improve quality assurance,fostering innovation and actively exploring modes of collaboration, and training more technical andmanaging professionals.展开更多
The bullwhip effect in a multistage supply chain was analyzed using sophisticated stationary forecasts (third order moving average and third order exponential smoothing forecasts). The third order exponential smoothin...The bullwhip effect in a multistage supply chain was analyzed using sophisticated stationary forecasts (third order moving average and third order exponential smoothing forecasts). The third order exponential smoothing and third order moving average forecasts sometimes have a variance reducing effect on the supply chain.In a supply chain with positively correlated or independent and identically distributed (i.i.d) demands, the order variance based on simple moving average forecast (or simple exponential smoothing forecast) is larger than the order variance based on second order moving average forecast (or second order exponential smoothing forecast),and the order variance based on second order moving average forecast( or second order exponential smoothing forecast) is larger than the order variance based on third order moving average forecast( or third order exponential smoothing forecast). In addition, for i.i.d demands, third order exponential smoothing forecast leads to a larger variation than third order moving average forecast.展开更多
Analyzed the main problems which were found in current conditions and prob- lems of informationization in coal enterprises.It clarified how to achieve informationization in coal mine and put forward a general configur...Analyzed the main problems which were found in current conditions and prob- lems of informationization in coal enterprises.It clarified how to achieve informationization in coal mine and put forward a general configuration of informationization construction in which informationization in coal enterprises was divided into two parts: informationization of safety production and informationization of management.Planned a platform of inte- grated management of informationization in coal enterprises.Ultimately,it has brought forward that an overall integrated digital mine is the way to achieve the goal of informa- tionization in coal enterprises,which can promote the application of automation,digitaliza- tion,networking,informaitionization to intellectualization.At the same time,the competi- tiveness of enterprises can be improved entirely,and new type of coal industry can be supported by information technology.展开更多
Capital structure is the basis for assessing the efficiency of enterprise financing activity. The rational capital structure could reduce the cost of capital and plays an important role in managing a company. Thus thi...Capital structure is the basis for assessing the efficiency of enterprise financing activity. The rational capital structure could reduce the cost of capital and plays an important role in managing a company. Thus this paper, based on the real estate listed companies on Shenzhen and Shanghai stock markets, analyzes the factors which influence capital structure, such as profitability, size, collateral value of assets, growth, stockholder’s equity, concentration degree of control power, ownership attribute, and applied statistics tools used to help the real estate listed companies optimize the structure of capital.展开更多
Corporate governance mechanisms emerge to tackle agency problems in ensuring that shareholders' funds are not expropriated or wasted on unprofitable activities. The issue arises as to whether these improvements have ...Corporate governance mechanisms emerge to tackle agency problems in ensuring that shareholders' funds are not expropriated or wasted on unprofitable activities. The issue arises as to whether these improvements have been effective in reducing agency costs, and therefore enhancing firm value. The objectives of this paper is to examine the effects of governance mechanisms of dividend, types of ownership structure, and board governance on firm value. This paper utilises a panel data analysis of 403 firms listed on the Bursa Malaysia over a four-year period from years 2002 to 2005. A hierarchical regression analysis is used to test the hypotheses and the data is analysed using the generalized least square (GLS) estimation technique. Overall, the results highlight the importance of moderating role played by board governance variables with types of ownership structure to influence firm value. However, the benefits of better corporate governance through enhanced board governance are not the same across all firms since their incentives vary with respect to dividend and different types of ownership structure mechanisms.展开更多
Design knowledge management is very important toimprove the design process performance. The casebased design (CBD) is a methodology to followmankind's problem solving strategy, one of its aims isto realize the des...Design knowledge management is very important toimprove the design process performance. The casebased design (CBD) is a methodology to followmankind's problem solving strategy, one of its aims isto realize the design knowledge reuse. This methodhas been used in many fields, but there are still somedifficulties that hindered its application. The first isabout the difficulty in the formalization of a designcase, especially representation of some experiencesthat was the weakness in former researches. The second is about the bottleneck of knowledge-acqulsition that results in lacking enough knowledge in the modification process.which may lead to unreliable results when automatic inference is applied.We proposed that modification should be done not by machines but by designers while the inference results can be used as a suggestion to designers.In this manner we integrated both case.based and rule-based methodologies together.The third difficulty relates to case evolution and customization.former CBD systems suffered from this problem.We proposed an agile case-template technique that overcomes the problem perfectly.To make users be able to define their own similarity rules we allow users to choose different parameter weights and fuzzy subjection functions of numeric parameters.The approach of this paper has been applied to an enterprise and the system is built on the Web.展开更多
As firms come under greater market pressure, the management of the inter-functional design/manufacture relationship becomes a more important competitive variable. The characteristics of the design-manufacture interfac...As firms come under greater market pressure, the management of the inter-functional design/manufacture relationship becomes a more important competitive variable. The characteristics of the design-manufacture interface were analyzed, and several methods of the design-manufacture interface relationship management were compared. Based on theories concerned and enterprise practice, how to manage the relationship of design-manufacture interface to reduce the product cost and shorten the time-to-market was demonstrated, finally the competitive advantage was improved.展开更多
According to the Total Cost of Ownership concept (TOCO), the selection criterion of international procurement suppliers can be classified into two levels, namely Macroeconomic decision-making level and Microeconomic d...According to the Total Cost of Ownership concept (TOCO), the selection criterion of international procurement suppliers can be classified into two levels, namely Macroeconomic decision-making level and Microeconomic decision-making level. In this paper, a new quantitative method is put forward to accomplish the task of total assessment on the Microeconomic level which analyses all of the quantitative and qualitative factors with regard to the supplier selection. A Microsoft Excel based new application kit named TOCO Total Assessment Tool is introduced. It can calculate the direct cost and the indirect cost conveniently and can help to evaluate the performance of candidate suppliers. To use the tool, the first module called Total Cost Analysis Module is introduced to calculate the total cost of supplier selection, and then the second module named Supplier Evaluation Module is used to evaluate the performance of each supplier. Finally, the results from these two modules are transferred to the Final Comparison Module to get the final decision-making results. In this paper, the supplier selection related factors are discussed; the method of using the tool is illustrated in detail. It is shown that scientific usage of the TOCO Total Assessment Tool can make the decision-making processes of supplier selection in international procurement transparent, easily calculated, and objective. At the end, a practical case is given to clarify the procedure of using the tool.展开更多
In most industrial fluidization units, two- or three-stage cyclone systems are used to clean the product gases. To return the solids to the bed, these cyclones are fitted with diplegs. By pass of gas from the bed thro...In most industrial fluidization units, two- or three-stage cyclone systems are used to clean the product gases. To return the solids to the bed, these cyclones are fitted with diplegs. By pass of gas from the bed through the dipleg is partially overcome by the back pressure build-up in the dipleg and by adding a trickle valve at the bottom of the dipleg. Diplegs of primary cyclones, operating at a high solid loading behave differently from diplegs of secondary and tertiary cyclones which operate at low solid loading. Both types have been investigated by pressure drop measurements, visual observation and by measurements of the air flow rate flowing up the riser. The primary dipleg was also studied using electrical capacitance tomography. The results are reported hereafter and will give a first indication towards the right design of the dipleg and the selection of the trickle valve. The influence of gas flow in the dipleg on the conversion in a catalytic fluidized bed reactor is found to be negligible.展开更多
Although it is still a new and developing subject, strategic management of enterprises, the importance of which will be understood by more and more enterprises as the reform and development is deepened, will surely be...Although it is still a new and developing subject, strategic management of enterprises, the importance of which will be understood by more and more enterprises as the reform and development is deepened, will surely be applied finally. This paper expounds how to apply the Delphi method to determine the essential elements in management and to evaluate enterprises in strategic position and action evaluation (SPACE) method of strategic management of enterprises. Meanwhile, its determination and evaluation are so realistic that they describe the strategic positions at which enterprises may be in the present competitive environment, and they establish a basis for enterprises to correctly choose their strategies of development.展开更多
This thesis systematically analyzes the essential structure of supply chain management system for the textile and garment industry based on UML. According to these analyses, an advanced, reasonable and practical preli...This thesis systematically analyzes the essential structure of supply chain management system for the textile and garment industry based on UML. According to these analyses, an advanced, reasonable and practical preliminary system has been constructed to simulate the operation process and evaluate design standard of the supply chain.展开更多
Most study concentrating on family and non-family companies is conducted overseas with little research carried out in Malaysia. This study examined the impact of corporate governance mechanisms on family and non-famil...Most study concentrating on family and non-family companies is conducted overseas with little research carried out in Malaysia. This study examined the impact of corporate governance mechanisms on family and non-family controlled companies' performance. The sample size of this study is 730 companies listed on Bursa Malaysia from 2003 to 2007. The findings reveal that corporate governance mechanisms influence the family and non-family controlled companies' performance. But not all corporate governance mechanisms are significant. The significant variables differ between family and non-family controlled companies. Thus, regulators need to be vigilant that family and non-family controlled companies practise differently and to set different code needed for each type of families.展开更多
Good corporate reputations are critical not only because of the potential for value creation, but also because their intangible character makes replication by competing firms considerably more difficult. This paper te...Good corporate reputations are critical not only because of the potential for value creation, but also because their intangible character makes replication by competing firms considerably more difficult. This paper tests the relationship between the reputation and the earnings quality. Through a partial correlation test and a regression test, I do find the evidence that the reputation is not only positively correlated with superior earnings quality, but also does have positive effect on superior earnings quality, as well as the superior total sales do in Chinese public companies.展开更多
Research suggests that transient institutions, i.e., institutions with short-term investment horizon,make management focus on short-term earnings goals. This study examines incentive in terms of CEO cash compensation ...Research suggests that transient institutions, i.e., institutions with short-term investment horizon,make management focus on short-term earnings goals. This study examines incentive in terms of CEO cash compensation that explains why management concentrates on short-term earnings results when transient institutions hold high levels of ownership. Using quarterly consensus analysts' expectations as a proxy for short-term earnings benchmarks, the author finds that CEO cash compensation and the frequency with which management misses quarterly earnings benchmarks in a year (MISSNUMt) are more strongly negatively associated in firms with high transient institutional ownership than in firms with low transient institutional ownership, suggesting that transient institutions strengthen the inverse relation between CEO cash pay and missing short-term earnings benchmarks and hence increase pressure on management in terms of cash pay for short-term results. Moreover, the author shows that change in CEO cash compensation is positively associated with change in transient institutional ownership, consistent with the idea that selling shares by transient institutions influences the boards of portfolio firms in CEO cash compensation decision. This study contributes to the governance literature and is relevant to business managers by providing additional evidence that transient institutions provide less patient capital and may not benefit long-run firm value creation.展开更多
Based on the needs of personnel training in the sustainable development of enterprises, this paper has researched that cultivating high-quality technical personnel of enterprises is the requirements of the sustainable...Based on the needs of personnel training in the sustainable development of enterprises, this paper has researched that cultivating high-quality technical personnel of enterprises is the requirements of the sustainable development of enterprises. Universities in the continuing educational process should establish the basic principles of cultivating high-quality technical personnel of enterprises, and developing continuing education in universities and actively exploring the training mode of high-quality technical personnel of enterprises are proposed.展开更多
Intellectual property management plays a very important role in the process of technology transformation among different companies. This article discusses the main methods and mode which companies usually used to mana...Intellectual property management plays a very important role in the process of technology transformation among different companies. This article discusses the main methods and mode which companies usually used to manage their IPM in market. Some suggestions are also provided for the company managers.展开更多
As we all know, the more the economy develops, the more important accounting is. Accounting is essentially management. The development of management accounting is an inevitable trend of economic development and progre...As we all know, the more the economy develops, the more important accounting is. Accounting is essentially management. The development of management accounting is an inevitable trend of economic development and progress of the times. It promotes strategic decision-making, enhances competitive advantage, strengthens risk management, and enhances control. Levels and improvements in performance management have an important role to play. At present, the application of management accounting is not satisfactory, and there is still a big gala with the actual needs.展开更多
Fine cost management is a systematic, refined, and dynamic management method. This paper provides us the background and meanings of fine cost management, it defines and analyzes the connotation of fine cost management...Fine cost management is a systematic, refined, and dynamic management method. This paper provides us the background and meanings of fine cost management, it defines and analyzes the connotation of fine cost management in detail.展开更多
Aim of this study is to discuss matters with HR and finn performance. Therefore, we used HR and firm performance questionnaire from Delaney and Huselid (1996). HR variables include recruitment, training, compensatio...Aim of this study is to discuss matters with HR and finn performance. Therefore, we used HR and firm performance questionnaire from Delaney and Huselid (1996). HR variables include recruitment, training, compensation and promotion. Firm performance divided into organizational and market performance. Therefore, correlation analysis demonstrates that HR has positive and significant relationship with organizational performance, and HR has positive but weak relationship with market performance. Therefore, we can propose that HR is partly correlated with firm performance for those companies in sample. Therefore, since we didn't realize demography of companies in study, it is arguable, findings of this study can be generalized to other companies in Turkey.展开更多
文摘Current status and existing problems in the Chinese cosmetic industry areanalyzed from the aspects of industry scale, technology and management level, R&D investment andhuman resources. Strategies to promote the industry are also put forward, such as increasing entrybarrier to optimize industry structure, tightening regulatory controls to improve quality assurance,fostering innovation and actively exploring modes of collaboration, and training more technical andmanaging professionals.
基金The National Natural Science Foundation ofChina(No70573068)The Shanghai Education Com-mittee Foundation(No05FZ11)The Shanghai Lead-ing Academic Discipline(NoT0602)
文摘The bullwhip effect in a multistage supply chain was analyzed using sophisticated stationary forecasts (third order moving average and third order exponential smoothing forecasts). The third order exponential smoothing and third order moving average forecasts sometimes have a variance reducing effect on the supply chain.In a supply chain with positively correlated or independent and identically distributed (i.i.d) demands, the order variance based on simple moving average forecast (or simple exponential smoothing forecast) is larger than the order variance based on second order moving average forecast (or second order exponential smoothing forecast),and the order variance based on second order moving average forecast( or second order exponential smoothing forecast) is larger than the order variance based on third order moving average forecast( or third order exponential smoothing forecast). In addition, for i.i.d demands, third order exponential smoothing forecast leads to a larger variation than third order moving average forecast.
基金the Hi-Tech and Research Development Program of China(2005AA133070)the Electronics Information Industry Development Fund Tender Project(XDJ2-0514-27)
文摘Analyzed the main problems which were found in current conditions and prob- lems of informationization in coal enterprises.It clarified how to achieve informationization in coal mine and put forward a general configuration of informationization construction in which informationization in coal enterprises was divided into two parts: informationization of safety production and informationization of management.Planned a platform of inte- grated management of informationization in coal enterprises.Ultimately,it has brought forward that an overall integrated digital mine is the way to achieve the goal of informa- tionization in coal enterprises,which can promote the application of automation,digitaliza- tion,networking,informaitionization to intellectualization.At the same time,the competi- tiveness of enterprises can be improved entirely,and new type of coal industry can be supported by information technology.
文摘Capital structure is the basis for assessing the efficiency of enterprise financing activity. The rational capital structure could reduce the cost of capital and plays an important role in managing a company. Thus this paper, based on the real estate listed companies on Shenzhen and Shanghai stock markets, analyzes the factors which influence capital structure, such as profitability, size, collateral value of assets, growth, stockholder’s equity, concentration degree of control power, ownership attribute, and applied statistics tools used to help the real estate listed companies optimize the structure of capital.
文摘Corporate governance mechanisms emerge to tackle agency problems in ensuring that shareholders' funds are not expropriated or wasted on unprofitable activities. The issue arises as to whether these improvements have been effective in reducing agency costs, and therefore enhancing firm value. The objectives of this paper is to examine the effects of governance mechanisms of dividend, types of ownership structure, and board governance on firm value. This paper utilises a panel data analysis of 403 firms listed on the Bursa Malaysia over a four-year period from years 2002 to 2005. A hierarchical regression analysis is used to test the hypotheses and the data is analysed using the generalized least square (GLS) estimation technique. Overall, the results highlight the importance of moderating role played by board governance variables with types of ownership structure to influence firm value. However, the benefits of better corporate governance through enhanced board governance are not the same across all firms since their incentives vary with respect to dividend and different types of ownership structure mechanisms.
基金Supported by National High Technolgy Development Plan(2002AA411420)
文摘Design knowledge management is very important toimprove the design process performance. The casebased design (CBD) is a methodology to followmankind's problem solving strategy, one of its aims isto realize the design knowledge reuse. This methodhas been used in many fields, but there are still somedifficulties that hindered its application. The first isabout the difficulty in the formalization of a designcase, especially representation of some experiencesthat was the weakness in former researches. The second is about the bottleneck of knowledge-acqulsition that results in lacking enough knowledge in the modification process.which may lead to unreliable results when automatic inference is applied.We proposed that modification should be done not by machines but by designers while the inference results can be used as a suggestion to designers.In this manner we integrated both case.based and rule-based methodologies together.The third difficulty relates to case evolution and customization.former CBD systems suffered from this problem.We proposed an agile case-template technique that overcomes the problem perfectly.To make users be able to define their own similarity rules we allow users to choose different parameter weights and fuzzy subjection functions of numeric parameters.The approach of this paper has been applied to an enterprise and the system is built on the Web.
文摘As firms come under greater market pressure, the management of the inter-functional design/manufacture relationship becomes a more important competitive variable. The characteristics of the design-manufacture interface were analyzed, and several methods of the design-manufacture interface relationship management were compared. Based on theories concerned and enterprise practice, how to manage the relationship of design-manufacture interface to reduce the product cost and shorten the time-to-market was demonstrated, finally the competitive advantage was improved.
文摘According to the Total Cost of Ownership concept (TOCO), the selection criterion of international procurement suppliers can be classified into two levels, namely Macroeconomic decision-making level and Microeconomic decision-making level. In this paper, a new quantitative method is put forward to accomplish the task of total assessment on the Microeconomic level which analyses all of the quantitative and qualitative factors with regard to the supplier selection. A Microsoft Excel based new application kit named TOCO Total Assessment Tool is introduced. It can calculate the direct cost and the indirect cost conveniently and can help to evaluate the performance of candidate suppliers. To use the tool, the first module called Total Cost Analysis Module is introduced to calculate the total cost of supplier selection, and then the second module named Supplier Evaluation Module is used to evaluate the performance of each supplier. Finally, the results from these two modules are transferred to the Final Comparison Module to get the final decision-making results. In this paper, the supplier selection related factors are discussed; the method of using the tool is illustrated in detail. It is shown that scientific usage of the TOCO Total Assessment Tool can make the decision-making processes of supplier selection in international procurement transparent, easily calculated, and objective. At the end, a practical case is given to clarify the procedure of using the tool.
文摘In most industrial fluidization units, two- or three-stage cyclone systems are used to clean the product gases. To return the solids to the bed, these cyclones are fitted with diplegs. By pass of gas from the bed through the dipleg is partially overcome by the back pressure build-up in the dipleg and by adding a trickle valve at the bottom of the dipleg. Diplegs of primary cyclones, operating at a high solid loading behave differently from diplegs of secondary and tertiary cyclones which operate at low solid loading. Both types have been investigated by pressure drop measurements, visual observation and by measurements of the air flow rate flowing up the riser. The primary dipleg was also studied using electrical capacitance tomography. The results are reported hereafter and will give a first indication towards the right design of the dipleg and the selection of the trickle valve. The influence of gas flow in the dipleg on the conversion in a catalytic fluidized bed reactor is found to be negligible.
文摘Although it is still a new and developing subject, strategic management of enterprises, the importance of which will be understood by more and more enterprises as the reform and development is deepened, will surely be applied finally. This paper expounds how to apply the Delphi method to determine the essential elements in management and to evaluate enterprises in strategic position and action evaluation (SPACE) method of strategic management of enterprises. Meanwhile, its determination and evaluation are so realistic that they describe the strategic positions at which enterprises may be in the present competitive environment, and they establish a basis for enterprises to correctly choose their strategies of development.
文摘This thesis systematically analyzes the essential structure of supply chain management system for the textile and garment industry based on UML. According to these analyses, an advanced, reasonable and practical preliminary system has been constructed to simulate the operation process and evaluate design standard of the supply chain.
文摘Most study concentrating on family and non-family companies is conducted overseas with little research carried out in Malaysia. This study examined the impact of corporate governance mechanisms on family and non-family controlled companies' performance. The sample size of this study is 730 companies listed on Bursa Malaysia from 2003 to 2007. The findings reveal that corporate governance mechanisms influence the family and non-family controlled companies' performance. But not all corporate governance mechanisms are significant. The significant variables differ between family and non-family controlled companies. Thus, regulators need to be vigilant that family and non-family controlled companies practise differently and to set different code needed for each type of families.
文摘Good corporate reputations are critical not only because of the potential for value creation, but also because their intangible character makes replication by competing firms considerably more difficult. This paper tests the relationship between the reputation and the earnings quality. Through a partial correlation test and a regression test, I do find the evidence that the reputation is not only positively correlated with superior earnings quality, but also does have positive effect on superior earnings quality, as well as the superior total sales do in Chinese public companies.
文摘Research suggests that transient institutions, i.e., institutions with short-term investment horizon,make management focus on short-term earnings goals. This study examines incentive in terms of CEO cash compensation that explains why management concentrates on short-term earnings results when transient institutions hold high levels of ownership. Using quarterly consensus analysts' expectations as a proxy for short-term earnings benchmarks, the author finds that CEO cash compensation and the frequency with which management misses quarterly earnings benchmarks in a year (MISSNUMt) are more strongly negatively associated in firms with high transient institutional ownership than in firms with low transient institutional ownership, suggesting that transient institutions strengthen the inverse relation between CEO cash pay and missing short-term earnings benchmarks and hence increase pressure on management in terms of cash pay for short-term results. Moreover, the author shows that change in CEO cash compensation is positively associated with change in transient institutional ownership, consistent with the idea that selling shares by transient institutions influences the boards of portfolio firms in CEO cash compensation decision. This study contributes to the governance literature and is relevant to business managers by providing additional evidence that transient institutions provide less patient capital and may not benefit long-run firm value creation.
文摘Based on the needs of personnel training in the sustainable development of enterprises, this paper has researched that cultivating high-quality technical personnel of enterprises is the requirements of the sustainable development of enterprises. Universities in the continuing educational process should establish the basic principles of cultivating high-quality technical personnel of enterprises, and developing continuing education in universities and actively exploring the training mode of high-quality technical personnel of enterprises are proposed.
文摘Intellectual property management plays a very important role in the process of technology transformation among different companies. This article discusses the main methods and mode which companies usually used to manage their IPM in market. Some suggestions are also provided for the company managers.
文摘As we all know, the more the economy develops, the more important accounting is. Accounting is essentially management. The development of management accounting is an inevitable trend of economic development and progress of the times. It promotes strategic decision-making, enhances competitive advantage, strengthens risk management, and enhances control. Levels and improvements in performance management have an important role to play. At present, the application of management accounting is not satisfactory, and there is still a big gala with the actual needs.
文摘Fine cost management is a systematic, refined, and dynamic management method. This paper provides us the background and meanings of fine cost management, it defines and analyzes the connotation of fine cost management in detail.
文摘Aim of this study is to discuss matters with HR and finn performance. Therefore, we used HR and firm performance questionnaire from Delaney and Huselid (1996). HR variables include recruitment, training, compensation and promotion. Firm performance divided into organizational and market performance. Therefore, correlation analysis demonstrates that HR has positive and significant relationship with organizational performance, and HR has positive but weak relationship with market performance. Therefore, we can propose that HR is partly correlated with firm performance for those companies in sample. Therefore, since we didn't realize demography of companies in study, it is arguable, findings of this study can be generalized to other companies in Turkey.