Based on the stakeholders management theory,this paper provides a new strategic management method for the National Sustainable Development Strategy.By taking China's National Sustainable Development Strategy Manag...Based on the stakeholders management theory,this paper provides a new strategic management method for the National Sustainable Development Strategy.By taking China's National Sustainable Development Strategy Management as an example,this paper identifies all the stakeholders involved and then assesses stakeholders from two dimensions,namely "Importance" and "Attitude",by which all of the stakeholders are divided into six categories.On this basis,further analysis is made to work out strategic management programme by scheduling the strategic emphases,steps and management countermeasures for different types of stakeholders so as to provide theortical evidence for the practice of National Sustainable Developnent Strategy management.展开更多
Based on agency theory, the importance of corporate governance is to reduce agency conflicts between those who control and those who own the residual claims in a firm. In other words, corporate governance as a mechani...Based on agency theory, the importance of corporate governance is to reduce agency conflicts between those who control and those who own the residual claims in a firm. In other words, corporate governance as a mechanism helps to align management＇s goals with those of the stakeholders that are to increase firm performance. Since, the value creation of corporate governance can be measured through the firm performance; the aim of this study is to answer this question： ＂is there any relationship between corporate governance and firm performance？＂ Therefore, the four board characteristics that are of interest in this study are board independency, CEO duality, ownership structure, and board size. Based on a randomly selected sample of companies listed on Bursa Malaysia and applying the linear multiple regression as the underlying statistical tests, it is found that CEO duality has a negative relationship with firm performance---Return on Equity （ROE） and Return on Asset （ROA）, but there is no significant relationship among board independency, board size, and ownership structure as independent variables and firm performance as dependent variable.展开更多
Corporate governance is the focus of all stakeholders in the balance of contradictions and conflicts in the view of corporatc behavior theory, harmonious governance may be the development direction of future corporate...Corporate governance is the focus of all stakeholders in the balance of contradictions and conflicts in the view of corporatc behavior theory, harmonious governance may be the development direction of future corporate governance. The article explains the framework of harmonious governance based on the theory of corporate behavior, and holds that shareholder value and stakeholder value is as important as, combination of incentive-compatible and mutually compatible, interaction between market governance and relationship governance, is a major innovation path of harmonious corporate governance by stakeholders.展开更多
This paper attempts to measure and explain the sustainability of China- Pakistan Economic Corridor （CPEC） by employing rational choice theory. Methodologically, the qualitative study relies on primary data in terms ...This paper attempts to measure and explain the sustainability of China- Pakistan Economic Corridor （CPEC） by employing rational choice theory. Methodologically, the qualitative study relies on primary data in terms of elite interviews and secondary sources such as journals articles. This theory-guided empirical research has identified two sets of challenges, internal and external, that the economic corridor faces. Broadly, the challenges range from economic slow- down, political instability, religious extremism and terrorism that have taken toll of Pakistani economy, society and the state. The paper has provided policy input in terms of urging Pakistani government to reform its educational system and correct political instability along with targeting all types of militant organizations. More- over, the study urges China to engage regional stakeholders in CPEC to realize regional and trans-regional connectivity to achieve economic integration of the market.展开更多
文摘Based on the stakeholders management theory,this paper provides a new strategic management method for the National Sustainable Development Strategy.By taking China's National Sustainable Development Strategy Management as an example,this paper identifies all the stakeholders involved and then assesses stakeholders from two dimensions,namely "Importance" and "Attitude",by which all of the stakeholders are divided into six categories.On this basis,further analysis is made to work out strategic management programme by scheduling the strategic emphases,steps and management countermeasures for different types of stakeholders so as to provide theortical evidence for the practice of National Sustainable Developnent Strategy management.
文摘Based on agency theory, the importance of corporate governance is to reduce agency conflicts between those who control and those who own the residual claims in a firm. In other words, corporate governance as a mechanism helps to align management＇s goals with those of the stakeholders that are to increase firm performance. Since, the value creation of corporate governance can be measured through the firm performance; the aim of this study is to answer this question： ＂is there any relationship between corporate governance and firm performance？＂ Therefore, the four board characteristics that are of interest in this study are board independency, CEO duality, ownership structure, and board size. Based on a randomly selected sample of companies listed on Bursa Malaysia and applying the linear multiple regression as the underlying statistical tests, it is found that CEO duality has a negative relationship with firm performance---Return on Equity （ROE） and Return on Asset （ROA）, but there is no significant relationship among board independency, board size, and ownership structure as independent variables and firm performance as dependent variable.
文摘Corporate governance is the focus of all stakeholders in the balance of contradictions and conflicts in the view of corporatc behavior theory, harmonious governance may be the development direction of future corporate governance. The article explains the framework of harmonious governance based on the theory of corporate behavior, and holds that shareholder value and stakeholder value is as important as, combination of incentive-compatible and mutually compatible, interaction between market governance and relationship governance, is a major innovation path of harmonious corporate governance by stakeholders.
文摘This paper attempts to measure and explain the sustainability of China- Pakistan Economic Corridor （CPEC） by employing rational choice theory. Methodologically, the qualitative study relies on primary data in terms of elite interviews and secondary sources such as journals articles. This theory-guided empirical research has identified two sets of challenges, internal and external, that the economic corridor faces. Broadly, the challenges range from economic slow- down, political instability, religious extremism and terrorism that have taken toll of Pakistani economy, society and the state. The paper has provided policy input in terms of urging Pakistani government to reform its educational system and correct political instability along with targeting all types of militant organizations. More- over, the study urges China to engage regional stakeholders in CPEC to realize regional and trans-regional connectivity to achieve economic integration of the market.
