As one of the alternative variables of audit quality, audit fees have been researched widely in the Mainboard of China stock market, but empirical research based on the GEM （Growth Enterprise Market） of China is ver...As one of the alternative variables of audit quality, audit fees have been researched widely in the Mainboard of China stock market, but empirical research based on the GEM （Growth Enterprise Market） of China is very few. From the perspective of GEM of China, this article observes and studies the impact of corporate governance structure represented by board of directors and independent directors on audit fees. This article selects the data of 348 listed companies in the GEM of China in 2012, proves that there is a positive correlation between the number of meetings, independent directors＇ salaries and audit fees through the use of multiple linear regression model, and accordingly proposed suggestions that improve the corporate governance structure of the GEM of China.展开更多
Recent discovery of low-dimensional coherent structure in oceanic currents along with a new merged altimeter product called Absolute Dynamic Topography (ADT) makes it possible to derive subsurface ocean information fr...Recent discovery of low-dimensional coherent structure in oceanic currents along with a new merged altimeter product called Absolute Dynamic Topography (ADT) makes it possible to derive subsurface ocean information from satellite remote sensing data.An altimetric geostrophic empirical mode (η-GEM) is developed in this study by projecting hydrographic transects onto the ADT sea surface height coordinate,based on which the four-dimensional thermohaline and velocity structures of oceanic currents are reconstructed from satellite surface observations.In the WOCE/SR3 area,the η-GEM fields capture more than 95% of the total thermal variance.The GEM-derived flow has equivalent-barotropic structure and represents the velocity profile better than traditional dynamic modes.Comparison with mooring observations also demonstrates that the η-GEM provides good estimates of the deep thermohaline fields.展开更多
文摘As one of the alternative variables of audit quality, audit fees have been researched widely in the Mainboard of China stock market, but empirical research based on the GEM （Growth Enterprise Market） of China is very few. From the perspective of GEM of China, this article observes and studies the impact of corporate governance structure represented by board of directors and independent directors on audit fees. This article selects the data of 348 listed companies in the GEM of China in 2012, proves that there is a positive correlation between the number of meetings, independent directors＇ salaries and audit fees through the use of multiple linear regression model, and accordingly proposed suggestions that improve the corporate governance structure of the GEM of China.
基金supported by National Basic Research Program of China(Grant Nos. 2007CB411804 and 2012CB417401)Knowledge Innovation Program of the Chinese Academy of Sciences (Grant No. KZCX2-YW-Q11-02)National Natural Science Foundation of China (Grant No.41006114)
文摘Recent discovery of low-dimensional coherent structure in oceanic currents along with a new merged altimeter product called Absolute Dynamic Topography (ADT) makes it possible to derive subsurface ocean information from satellite remote sensing data.An altimetric geostrophic empirical mode (η-GEM) is developed in this study by projecting hydrographic transects onto the ADT sea surface height coordinate,based on which the four-dimensional thermohaline and velocity structures of oceanic currents are reconstructed from satellite surface observations.In the WOCE/SR3 area,the η-GEM fields capture more than 95% of the total thermal variance.The GEM-derived flow has equivalent-barotropic structure and represents the velocity profile better than traditional dynamic modes.Comparison with mooring observations also demonstrates that the η-GEM provides good estimates of the deep thermohaline fields.
