To analyze the positive influencing factors of Chinese telecom operators' EVA(Economic Value Added),this paper selects fifteen indicators based on the enterprise features of telecom operators and telecommunication...To analyze the positive influencing factors of Chinese telecom operators' EVA(Economic Value Added),this paper selects fifteen indicators based on the enterprise features of telecom operators and telecommunications industry characteristics,and then classifies these indicators into the following factors:operation scale,profitability,solvency and asset management ability by factor analysis.This paper also gives the priorities of these four factors by regression analysis,of which the operation scale is the most important factor.The research results point out a clear method for the telecom operatorsto increase their EVA in order to meet the performance appraisal from State-owned Assets Supervision and Administration Commission of the State Council.展开更多
This paper is based on the samples of listed manufacturing companies of China, taking the financial performance as criterion, and then does research on the firm performance with different internal auditing modes, usin...This paper is based on the samples of listed manufacturing companies of China, taking the financial performance as criterion, and then does research on the firm performance with different internal auditing modes, using Cross-sectional data to analyze the distribution of internal auditing modes and the characteristics of the firm performance. The conclusion is that setting up internal auditing is good for the development of companies, but the function of internal auditing has not been widelv fulfilled.展开更多
In general, based on the traditional operation and management model, innovation means reforming the activities of financial institutions, financial instruments, technology of financial services as well as organization...In general, based on the traditional operation and management model, innovation means reforming the activities of financial institutions, financial instruments, technology of financial services as well as organizational forms of financial markets, because promoting the overall development of the financial industry is the fundamental purpose of financial innovation, we should optimize the allocation of the existing resources of the financial institutions and improve financial efficiency, thus gradually promote the market competitiveness of financial institutions.展开更多
The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed companies is in the ...The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed companies is in the small-profit zone or in the large-loss zone, the probabilities that they get modified audit opinions increase. But the right-offering zone, accrual accounts and accounts below the line have no significant effects on the modified audit opinions. Besides, the author also finds that the ratio of accounts receivable to asset, debt ratio, previous year＇s audit opinion and change of CPA firms have significant positive effects on the modified audit opinions, while the ratio of major business revenue and size of companies have no notable effects. Some other factors such as cash ratio, age of the listing and CPA firm ranking have no consistent and continuous effects.展开更多
Companies that not only abide by environmental regulations, but also discover new techniques and adopt newmanagement methods to reduce negative environmental impacts often have positive effects on corporate profitabil...Companies that not only abide by environmental regulations, but also discover new techniques and adopt newmanagement methods to reduce negative environmental impacts often have positive effects on corporate profitability. Inorder to meet the needs of sustainability of enterprises and protect environment, the concept of green management isdeveloped and regarded as an important direction of management theory of the 21st century. Though there are manytheories and practices about green management in western countries, they are built based on the developed marketeconomy, which are not suitable for Chinese enterprises absolutely. By analyzing the viewpoints and models of theoverseas and domestic experts and scholars, combining characteristic of China’s market economy, this paper points outthe real connotation of enterprise green management - the combination of ecological harmony (harmony between humanand nature) with human harmony (harmony among people), establishes a 3D theoretical model, points out the defects ofenterprise’s green management in China, reanalyzes and redesigned enterprise green management, which paves the wayfor the deeper and broader development of green management.展开更多
The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease o...The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease of potential growth rate has become an indisputable fact. Social security fund is an important source of funds for the protection of people＇s livelihood, whose every movement often attract much attention. Under the situation of new normal economy, how to ensure the preserving or increasing value of social security funds on the premise of security is the core task in the operations management of social security fund investment. At present, there are some difficulties in the development of the social security funds, such as the management system and operation mechanism are not perfect, some institutional measures have not been fully implemented and the progress of the law and regulations is slow. In this paper, we will put forward some corresponding improvement measures, such as expand the scope of social security fund investment, accelerate the implementation of the nominal account system and strengthen the actuarial management of social security fund.展开更多
文摘To analyze the positive influencing factors of Chinese telecom operators' EVA(Economic Value Added),this paper selects fifteen indicators based on the enterprise features of telecom operators and telecommunications industry characteristics,and then classifies these indicators into the following factors:operation scale,profitability,solvency and asset management ability by factor analysis.This paper also gives the priorities of these four factors by regression analysis,of which the operation scale is the most important factor.The research results point out a clear method for the telecom operatorsto increase their EVA in order to meet the performance appraisal from State-owned Assets Supervision and Administration Commission of the State Council.
基金This paper is supported by National Natural Science Foundation of China （NoL70372028）, the ＂Projects 985＂ and ＂Projects 211＂ of Nankai University. It＇s the authors＇ responsibility to stand the errors in this paper..
文摘This paper is based on the samples of listed manufacturing companies of China, taking the financial performance as criterion, and then does research on the firm performance with different internal auditing modes, using Cross-sectional data to analyze the distribution of internal auditing modes and the characteristics of the firm performance. The conclusion is that setting up internal auditing is good for the development of companies, but the function of internal auditing has not been widelv fulfilled.
文摘In general, based on the traditional operation and management model, innovation means reforming the activities of financial institutions, financial instruments, technology of financial services as well as organizational forms of financial markets, because promoting the overall development of the financial industry is the fundamental purpose of financial innovation, we should optimize the allocation of the existing resources of the financial institutions and improve financial efficiency, thus gradually promote the market competitiveness of financial institutions.
文摘The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed companies is in the small-profit zone or in the large-loss zone, the probabilities that they get modified audit opinions increase. But the right-offering zone, accrual accounts and accounts below the line have no significant effects on the modified audit opinions. Besides, the author also finds that the ratio of accounts receivable to asset, debt ratio, previous year＇s audit opinion and change of CPA firms have significant positive effects on the modified audit opinions, while the ratio of major business revenue and size of companies have no notable effects. Some other factors such as cash ratio, age of the listing and CPA firm ranking have no consistent and continuous effects.
文摘Companies that not only abide by environmental regulations, but also discover new techniques and adopt newmanagement methods to reduce negative environmental impacts often have positive effects on corporate profitability. Inorder to meet the needs of sustainability of enterprises and protect environment, the concept of green management isdeveloped and regarded as an important direction of management theory of the 21st century. Though there are manytheories and practices about green management in western countries, they are built based on the developed marketeconomy, which are not suitable for Chinese enterprises absolutely. By analyzing the viewpoints and models of theoverseas and domestic experts and scholars, combining characteristic of China’s market economy, this paper points outthe real connotation of enterprise green management - the combination of ecological harmony (harmony between humanand nature) with human harmony (harmony among people), establishes a 3D theoretical model, points out the defects ofenterprise’s green management in China, reanalyzes and redesigned enterprise green management, which paves the wayfor the deeper and broader development of green management.
文摘The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease of potential growth rate has become an indisputable fact. Social security fund is an important source of funds for the protection of people＇s livelihood, whose every movement often attract much attention. Under the situation of new normal economy, how to ensure the preserving or increasing value of social security funds on the premise of security is the core task in the operations management of social security fund investment. At present, there are some difficulties in the development of the social security funds, such as the management system and operation mechanism are not perfect, some institutional measures have not been fully implemented and the progress of the law and regulations is slow. In this paper, we will put forward some corresponding improvement measures, such as expand the scope of social security fund investment, accelerate the implementation of the nominal account system and strengthen the actuarial management of social security fund.
