In combination with socio-economic development of China's current status, this article analyzes the characteristics of several typical financial behavior of loss listed companies in China. Among them, the debt financ...In combination with socio-economic development of China's current status, this article analyzes the characteristics of several typical financial behavior of loss listed companies in China. Among them, the debt financing behavior have a high level, a single means, a short-term structured and other characteristics, the corporate governance behavior have a goal of collaborative, several forms, and a complex environment, the earnings management behavior have diverse motives, many types of means, bigger range and other features, the asset restructuring behavior have a passive subject, methods of differentiation, performance-oriented features such as myopia.展开更多
The nature of work safety and the way insisting on sustainable development in enterprise were analyzed. It indicates that problem of work safety in enterprise is closely related to the public’s consciousness, to the ...The nature of work safety and the way insisting on sustainable development in enterprise were analyzed. It indicates that problem of work safety in enterprise is closely related to the public’s consciousness, to the development of science and tech- nology, and to the weakening of safety management during the economic transition pe- riod. However, it is the people’s questions concerned in the final analysis for the forming and development of the problem of work safety. Therefore, in order to solve the problem of work safety radically, the most basic way of insisting on the sustainable development in safety administration is to do a good job of every aspect about people. We should im- prove all people quality in science and culture and strengthen their safety and legal consciousness to form correct safety value concept. We should fortify safety legislation and bring close attention to approach and apply new safety technology.展开更多
Modern corporate situations, characterized by the globalisation of the markets and of the information, highlight the need to link the potential of a not transient growth to the adequate reconciliation of all the expec...Modern corporate situations, characterized by the globalisation of the markets and of the information, highlight the need to link the potential of a not transient growth to the adequate reconciliation of all the expectations converging around the entrepreneurial formula and not only of those attributable to shareholders. In such a defined context, corporate governance tends to evolve from a situation of primary care for the expectations of shareholders (shareholder's view) and for the correlated financial responsibility, to a wide consideration of all the stakeholders (stakeholder's view) and related responsibilities (financial, environmental, social, administrative). The correct carrying out of governance processes requires, therefore, a clear focus on sustainable development and on the related assumption of a concept of global responsibility. The decisions made by the governing bodies must be driven by the purpose to create value in the long term according to conditions of fairness and sustainable development. To sum up, this research aims to deepen the existing connections between corporate governance, sustainable development and value creation on the basis of the empirical analysis of a limited number of listed Italian companies afferent to the public utilities sector. The paper, based on a deductive approach, is composed of two distinct but strictly connected parts: the first theoretical and the second empirical. The empirical research consists of a content analysis of the most recent documents (sustainability reports and annual reports) worked out by the selected companies. The results obtained about the degree respect of sustainable development conditions by each company are linked to the related value dimension (social, economic, competitive and environmental performance) aimed at verifying if the assumption of a corporate governance approach inspired by sustainability is susceptible of favouring the company development in a medium long term. From the delivered research it emerges how public utilities that promote behaviours in line with the sustainability conditions are marked out by stable growth paths. Conversely, the companies that assume a vision mainly addressed to the economic dimension, neglecting the other areas are generally compromised in the performance realized.展开更多
Pavement rehabilitation and reconstruction methods with CIR (cold in-place recycling) are alternatives that can effectively reduce the high stresses and waste produced by conventional pavement strategies. An attempt...Pavement rehabilitation and reconstruction methods with CIR (cold in-place recycling) are alternatives that can effectively reduce the high stresses and waste produced by conventional pavement strategies. An attempt was made to predict the performance, particularly low-temperature cracking resistance characteristics of CIR mixtures. These were prepared with the mix design procedure developed at the URI (University of Rhode Island) for the FHWA (Federal Highway Administration) to reduce wide variations in the application of CIR mixtures production. This standard was applied to RAP (reclaimed asphalt pavement) to produce CIR mixtures with CSS-Ih asphalt emulsion as the additive. By adjusting the number of gyrations of the SGC (Superpave gyratory compactor) for compaction, the field density of 130 pcf was represented accurately. To secure a base line, HMA (hot mix asphalt) samples were produced according to the Superpave volumetric mix design procedure. The specimens were tested using the IDT (indirect tensile) tester according to the procedure of AASHTO T 322 procedure at temperatures of-20, -10 and 0 ℃ (-4, 14, and 32°F, respectively). The obtained results for the creep compliance and tensile strength were used as input data for the MEPDG (mechanistic empirical pavement design guide). The analysis results indicated that no thermal or low-temperature cracking is expected over the entire analysis period of 20 years for both HMA and CIR mixtures. Thus, it appears that CIR is a sustainable rehabilitation technique which is also suitable for colder climates, and it is recommended to conduct further investigation of load-related distresses such as rutting and fatigue cracking.展开更多
As a result of substitution of capital for labor in agriculture and rigid demand of urban sectors for migrant workers,the rural-to-urban migration becomes irreversible process,and Todaro dogma,which aims to limit the ...As a result of substitution of capital for labor in agriculture and rigid demand of urban sectors for migrant workers,the rural-to-urban migration becomes irreversible process,and Todaro dogma,which aims to limit the migration under the assmnption of "come-and-go" migration pattern,becomes and old-fashioned theory for policy-making.By empirically confirming the advent of the Lewis turning poing-namely,a new stage of labor migration and more generally of economic development,the paper reveals the policy implication of the Lewis turning point and proposes the policy reforms needed for a complete urbanization,including hukou system reform and equalization of public services.展开更多
Currently, oil companies face the "new normal" condition that the profit of their upstream business is shrinking with the plunge of oil price. This problem challenges the operation and management of the upstream bus...Currently, oil companies face the "new normal" condition that the profit of their upstream business is shrinking with the plunge of oil price. This problem challenges the operation and management of the upstream business. Therefore, it is essential to find out &e new approaches and key points of work, to achieve the goal of realizing a quality and sustainable development. From ten aspects, this paper discusses &e challenges facing &e upstream business of oil companies and puts forward corresponding roadmaps and strategies.展开更多
The international situation is evolving more impressively than it has at any time since the end of the Cold War. Globalization has been in decline. Nations are scrambling to gain greater influence. The intemational st...The international situation is evolving more impressively than it has at any time since the end of the Cold War. Globalization has been in decline. Nations are scrambling to gain greater influence. The intemational strategic pattern is being adjusted. Many countries have problems with public management, and are faced with a new array of social trends and increasingly popular movements. The world is entering a new era full of chaos and anxiety. Mankind once again faces significant trade-offs and choices in peace and conflict, development and recession, openness and isolation, liberalism and conservatism. China strives to advocate win-win cooperation and lead the trend of reform and opening to maintain a favorable external environment despite world chaos, and enhance status and institutional fights in the international system. China's 30 years of development was successful in the process of integrating into the existing international system; China is a participant as well as a builder of the international system, rather than a challenger or a subversive. In the future, with a constructive attitude, China will promote the international system in a more reasonable direction together with international partners, in order to better safeguard world peace and security, and promote sustainable development throughout the world.展开更多
Ethical consulting is a critical professional activity that is very critical to the very survival of the corporate world and is thus likely to boom within the shortest possible time in the future. This predictive stat...Ethical consulting is a critical professional activity that is very critical to the very survival of the corporate world and is thus likely to boom within the shortest possible time in the future. This predictive statement is based on the consequential effect of the bankruptcy of Ertron and WorldCom and its aftermath legislature, Sarbanes-Oxley Act (Lander, 2004). The main issues boarder on how ethics influence organizations' operations and to what extend these influences can be coded and managed to enhance objectivity and minimize fraud. The methodology applied in this paper was an exploratory approach under the qualitative design. It encapsulates a thorough review of literature on the subject matter and draws inferences to address the research objectives. It was found that ethical consulting was possible and consultants venturing into the area need to be strategically diversified to enable them to design and develop customized ethical codes for the heterogeneous clientele with appropriate supporting monitoring and compliance procedures.展开更多
This study provides a definition for urban big data while exploring its features and applications of Chi- na's city intelligence. The differences between city intelligence in China and the "smart city" concept in o...This study provides a definition for urban big data while exploring its features and applications of Chi- na's city intelligence. The differences between city intelligence in China and the "smart city" concept in other countries are compared to highlight and contrast the unique definition and model for China's city intelligence in this paper. Furthermore, this paper examines the role of urban big data in city intel- ligence by showing that it not only serves as the cornerstone of this trend as it also plays a core role in the diffusion of city intelligence technology and serves as an inexhaustible resource for the sustained development of city intelligence. This study also points out the challenges of shaping and developing of China's urban big data. Considering the supporting and core role that urban big data plays in city intel- ligence, the study then expounds on the key points of urban big data, including infrastructure support, urban governance, public services, and economic and industrial development. Finally, this study points out that the utility of city intelligence as an ideal policy tool for advancing the goals of China's urban de- velopment. In conclusion, it is imperative that China make full use of its unique advantages-including using the nation's current state of development and resources, geographical advantages, and good hu- man relations-in subjective and objective conditions to promote the development of city intelligence through the proper application of urban big data.展开更多
This paper overviews earnings management incentive of listed companies, cost in transactions with stockholders and major in researching some countermeasures how management.
One effective and proven tool for managing risk is insurance. At the same time, insurers, reinsurers, insurance, and reinsurance brokers in search of the relevant value of their services in the eyes of insured and lon...One effective and proven tool for managing risk is insurance. At the same time, insurers, reinsurers, insurance, and reinsurance brokers in search of the relevant value of their services in the eyes of insured and long-term benefits are increasingly paying attention to the possibilities of nanotechnology. On one hand, insurers see unlimited possibilities of nanotechnology in preventive and repressive activity in relation to losses. The obstacle in this case, for high-tech companies, is stiff competition from companies which are not innovation leaders, but with the necessary influence and power at the international and national market. On the other hand, understanding the reasons for the application of nanotechnology in the conflict prevention activities of the insurer allows him to develop and implement a more flexible strategy for sustainable development of the business.展开更多
This paper summarizes the circular economy development model of tourism companies,and explores the support system which guaranteed the development of circular economy in tourism companies.It takes Xiedao Resort as an ...This paper summarizes the circular economy development model of tourism companies,and explores the support system which guaranteed the development of circular economy in tourism companies.It takes Xiedao Resort as an example to summarize its development model of circular economy.展开更多
Public benefit trust is of great significance to the development of social public welfare, and the cy-pres doctrine as a special principle of public benefit trust, plays an important role in protecting the continuatio...Public benefit trust is of great significance to the development of social public welfare, and the cy-pres doctrine as a special principle of public benefit trust, plays an important role in protecting the continuation of public benefit trust, and the realization and reasonable use of high-efficiency trust properties. In this paper, therefore, the origin, establishment, and development trend of the approximation principle as well as its current legislative situation in China are studied, and also its applicability of the Cy-Pres doctrine in China's public benefit trust is briefly evaluated, so as to further deepen the understanding of the Cy-Pres doctrine and develop the public benefit trust undertakings in China.展开更多
Sustainable development contributes to the economic and social advancement of construction projects. Ignoring sustainability during the cost estimating process associated with evaluation phase develops many problems o...Sustainable development contributes to the economic and social advancement of construction projects. Ignoring sustainability during the cost estimating process associated with evaluation phase develops many problems of conventional decision methodology used in construction industry in the most of developing countries. This research focuses on sustainability which is the key factor in all decision making in design and construction processes. Therefore, Iraqi construction industry should respond to sustainability as a leading indicator of its infrastructure rebuilding. The construction management and sustainability could help to manage the rebuilding of the destroyed public infrastructure during the disaster wars periods passed thru thirty years ago and also to modernize of private buildings and plants. Field study has been carried out by adopting personal interviews and questionnaires conducted with experts, experienced consultants and designers working in many design organizations. The data collected has been analyzed and the results obtained show a clear weakness in the field of sustainability understanding, practicing and implementation. Moreover, the design work in Iraq is suffering from a lack of scientific techniques and a lack in experience in the domain of sustainability field. This will take an integrated approach to study the impact of sustainability on construction management which encompasses both public and private sector perspectives for building and engineering construction, and the roles played by all the participants in the construction team (owners, contractors, design professionals, and other supporting professionals).展开更多
This paper presents an important investigation into car travel time affected by mixed traffic flow near a bus stop on the basis of survival analysis theory.Travel time data associated with mixed traffic characteristic...This paper presents an important investigation into car travel time affected by mixed traffic flow near a bus stop on the basis of survival analysis theory.Travel time data associated with mixed traffic characteristics near a bus stop were collected by video cameras.A hazard-based duration model was introduced to analyze the effects of mixed traffic flow on car travel time.The results indicate that mixed traffic flow impacts car travel time significantly.And the presence of bus berthing violation would delay car travel time.The proposed model can be used to forecast temporal shifts in car travel time due to changes in mixed traffic flow.The influential factors related to mixed traffic flow should be given full consideration in the planning and designing of bus stops in developing countries.展开更多
基金The authors are grateful for financial support from the fund of the China National Social Science Fund Project (09CJY085), China Postdoctoral Science Foundation (20100470109), and the authors would like to thank to the funding by the Ministry of education of Humanities and social sciences research Youth Project (11YJC630243, 12YJC630010, and "Investors' expectancy, loss reversibility and the value of negative equity firms") Central University basic research funds (SWU1309116, SWU1309202).
文摘In combination with socio-economic development of China's current status, this article analyzes the characteristics of several typical financial behavior of loss listed companies in China. Among them, the debt financing behavior have a high level, a single means, a short-term structured and other characteristics, the corporate governance behavior have a goal of collaborative, several forms, and a complex environment, the earnings management behavior have diverse motives, many types of means, bigger range and other features, the asset restructuring behavior have a passive subject, methods of differentiation, performance-oriented features such as myopia.
文摘The nature of work safety and the way insisting on sustainable development in enterprise were analyzed. It indicates that problem of work safety in enterprise is closely related to the public’s consciousness, to the development of science and tech- nology, and to the weakening of safety management during the economic transition pe- riod. However, it is the people’s questions concerned in the final analysis for the forming and development of the problem of work safety. Therefore, in order to solve the problem of work safety radically, the most basic way of insisting on the sustainable development in safety administration is to do a good job of every aspect about people. We should im- prove all people quality in science and culture and strengthen their safety and legal consciousness to form correct safety value concept. We should fortify safety legislation and bring close attention to approach and apply new safety technology.
文摘Modern corporate situations, characterized by the globalisation of the markets and of the information, highlight the need to link the potential of a not transient growth to the adequate reconciliation of all the expectations converging around the entrepreneurial formula and not only of those attributable to shareholders. In such a defined context, corporate governance tends to evolve from a situation of primary care for the expectations of shareholders (shareholder's view) and for the correlated financial responsibility, to a wide consideration of all the stakeholders (stakeholder's view) and related responsibilities (financial, environmental, social, administrative). The correct carrying out of governance processes requires, therefore, a clear focus on sustainable development and on the related assumption of a concept of global responsibility. The decisions made by the governing bodies must be driven by the purpose to create value in the long term according to conditions of fairness and sustainable development. To sum up, this research aims to deepen the existing connections between corporate governance, sustainable development and value creation on the basis of the empirical analysis of a limited number of listed Italian companies afferent to the public utilities sector. The paper, based on a deductive approach, is composed of two distinct but strictly connected parts: the first theoretical and the second empirical. The empirical research consists of a content analysis of the most recent documents (sustainability reports and annual reports) worked out by the selected companies. The results obtained about the degree respect of sustainable development conditions by each company are linked to the related value dimension (social, economic, competitive and environmental performance) aimed at verifying if the assumption of a corporate governance approach inspired by sustainability is susceptible of favouring the company development in a medium long term. From the delivered research it emerges how public utilities that promote behaviours in line with the sustainability conditions are marked out by stable growth paths. Conversely, the companies that assume a vision mainly addressed to the economic dimension, neglecting the other areas are generally compromised in the performance realized.
文摘Pavement rehabilitation and reconstruction methods with CIR (cold in-place recycling) are alternatives that can effectively reduce the high stresses and waste produced by conventional pavement strategies. An attempt was made to predict the performance, particularly low-temperature cracking resistance characteristics of CIR mixtures. These were prepared with the mix design procedure developed at the URI (University of Rhode Island) for the FHWA (Federal Highway Administration) to reduce wide variations in the application of CIR mixtures production. This standard was applied to RAP (reclaimed asphalt pavement) to produce CIR mixtures with CSS-Ih asphalt emulsion as the additive. By adjusting the number of gyrations of the SGC (Superpave gyratory compactor) for compaction, the field density of 130 pcf was represented accurately. To secure a base line, HMA (hot mix asphalt) samples were produced according to the Superpave volumetric mix design procedure. The specimens were tested using the IDT (indirect tensile) tester according to the procedure of AASHTO T 322 procedure at temperatures of-20, -10 and 0 ℃ (-4, 14, and 32°F, respectively). The obtained results for the creep compliance and tensile strength were used as input data for the MEPDG (mechanistic empirical pavement design guide). The analysis results indicated that no thermal or low-temperature cracking is expected over the entire analysis period of 20 years for both HMA and CIR mixtures. Thus, it appears that CIR is a sustainable rehabilitation technique which is also suitable for colder climates, and it is recommended to conduct further investigation of load-related distresses such as rutting and fatigue cracking.
文摘As a result of substitution of capital for labor in agriculture and rigid demand of urban sectors for migrant workers,the rural-to-urban migration becomes irreversible process,and Todaro dogma,which aims to limit the migration under the assmnption of "come-and-go" migration pattern,becomes and old-fashioned theory for policy-making.By empirically confirming the advent of the Lewis turning poing-namely,a new stage of labor migration and more generally of economic development,the paper reveals the policy implication of the Lewis turning point and proposes the policy reforms needed for a complete urbanization,including hukou system reform and equalization of public services.
文摘Currently, oil companies face the "new normal" condition that the profit of their upstream business is shrinking with the plunge of oil price. This problem challenges the operation and management of the upstream business. Therefore, it is essential to find out &e new approaches and key points of work, to achieve the goal of realizing a quality and sustainable development. From ten aspects, this paper discusses &e challenges facing &e upstream business of oil companies and puts forward corresponding roadmaps and strategies.
文摘The international situation is evolving more impressively than it has at any time since the end of the Cold War. Globalization has been in decline. Nations are scrambling to gain greater influence. The intemational strategic pattern is being adjusted. Many countries have problems with public management, and are faced with a new array of social trends and increasingly popular movements. The world is entering a new era full of chaos and anxiety. Mankind once again faces significant trade-offs and choices in peace and conflict, development and recession, openness and isolation, liberalism and conservatism. China strives to advocate win-win cooperation and lead the trend of reform and opening to maintain a favorable external environment despite world chaos, and enhance status and institutional fights in the international system. China's 30 years of development was successful in the process of integrating into the existing international system; China is a participant as well as a builder of the international system, rather than a challenger or a subversive. In the future, with a constructive attitude, China will promote the international system in a more reasonable direction together with international partners, in order to better safeguard world peace and security, and promote sustainable development throughout the world.
文摘Ethical consulting is a critical professional activity that is very critical to the very survival of the corporate world and is thus likely to boom within the shortest possible time in the future. This predictive statement is based on the consequential effect of the bankruptcy of Ertron and WorldCom and its aftermath legislature, Sarbanes-Oxley Act (Lander, 2004). The main issues boarder on how ethics influence organizations' operations and to what extend these influences can be coded and managed to enhance objectivity and minimize fraud. The methodology applied in this paper was an exploratory approach under the qualitative design. It encapsulates a thorough review of literature on the subject matter and draws inferences to address the research objectives. It was found that ethical consulting was possible and consultants venturing into the area need to be strategically diversified to enable them to design and develop customized ethical codes for the heterogeneous clientele with appropriate supporting monitoring and compliance procedures.
文摘This study provides a definition for urban big data while exploring its features and applications of Chi- na's city intelligence. The differences between city intelligence in China and the "smart city" concept in other countries are compared to highlight and contrast the unique definition and model for China's city intelligence in this paper. Furthermore, this paper examines the role of urban big data in city intel- ligence by showing that it not only serves as the cornerstone of this trend as it also plays a core role in the diffusion of city intelligence technology and serves as an inexhaustible resource for the sustained development of city intelligence. This study also points out the challenges of shaping and developing of China's urban big data. Considering the supporting and core role that urban big data plays in city intel- ligence, the study then expounds on the key points of urban big data, including infrastructure support, urban governance, public services, and economic and industrial development. Finally, this study points out that the utility of city intelligence as an ideal policy tool for advancing the goals of China's urban de- velopment. In conclusion, it is imperative that China make full use of its unique advantages-including using the nation's current state of development and resources, geographical advantages, and good hu- man relations-in subjective and objective conditions to promote the development of city intelligence through the proper application of urban big data.
文摘This paper overviews earnings management incentive of listed companies, cost in transactions with stockholders and major in researching some countermeasures how management.
文摘One effective and proven tool for managing risk is insurance. At the same time, insurers, reinsurers, insurance, and reinsurance brokers in search of the relevant value of their services in the eyes of insured and long-term benefits are increasingly paying attention to the possibilities of nanotechnology. On one hand, insurers see unlimited possibilities of nanotechnology in preventive and repressive activity in relation to losses. The obstacle in this case, for high-tech companies, is stiff competition from companies which are not innovation leaders, but with the necessary influence and power at the international and national market. On the other hand, understanding the reasons for the application of nanotechnology in the conflict prevention activities of the insurer allows him to develop and implement a more flexible strategy for sustainable development of the business.
文摘This paper summarizes the circular economy development model of tourism companies,and explores the support system which guaranteed the development of circular economy in tourism companies.It takes Xiedao Resort as an example to summarize its development model of circular economy.
文摘Public benefit trust is of great significance to the development of social public welfare, and the cy-pres doctrine as a special principle of public benefit trust, plays an important role in protecting the continuation of public benefit trust, and the realization and reasonable use of high-efficiency trust properties. In this paper, therefore, the origin, establishment, and development trend of the approximation principle as well as its current legislative situation in China are studied, and also its applicability of the Cy-Pres doctrine in China's public benefit trust is briefly evaluated, so as to further deepen the understanding of the Cy-Pres doctrine and develop the public benefit trust undertakings in China.
文摘Sustainable development contributes to the economic and social advancement of construction projects. Ignoring sustainability during the cost estimating process associated with evaluation phase develops many problems of conventional decision methodology used in construction industry in the most of developing countries. This research focuses on sustainability which is the key factor in all decision making in design and construction processes. Therefore, Iraqi construction industry should respond to sustainability as a leading indicator of its infrastructure rebuilding. The construction management and sustainability could help to manage the rebuilding of the destroyed public infrastructure during the disaster wars periods passed thru thirty years ago and also to modernize of private buildings and plants. Field study has been carried out by adopting personal interviews and questionnaires conducted with experts, experienced consultants and designers working in many design organizations. The data collected has been analyzed and the results obtained show a clear weakness in the field of sustainability understanding, practicing and implementation. Moreover, the design work in Iraq is suffering from a lack of scientific techniques and a lack in experience in the domain of sustainability field. This will take an integrated approach to study the impact of sustainability on construction management which encompasses both public and private sector perspectives for building and engineering construction, and the roles played by all the participants in the construction team (owners, contractors, design professionals, and other supporting professionals).
基金supported by the National Basic Research Program of China (Grant No. 2012CB725400)National Natural Science Foundation of China (Grant Nos. 70901005,71131001)+1 种基金Specialized Research Fund for the Doctoral Program of Higher Education of China (Grant Nos. 2010000110012,20090009120015)Fundamental Research Funds for the Central Universities (Grant No. 2011JBM055)
文摘This paper presents an important investigation into car travel time affected by mixed traffic flow near a bus stop on the basis of survival analysis theory.Travel time data associated with mixed traffic characteristics near a bus stop were collected by video cameras.A hazard-based duration model was introduced to analyze the effects of mixed traffic flow on car travel time.The results indicate that mixed traffic flow impacts car travel time significantly.And the presence of bus berthing violation would delay car travel time.The proposed model can be used to forecast temporal shifts in car travel time due to changes in mixed traffic flow.The influential factors related to mixed traffic flow should be given full consideration in the planning and designing of bus stops in developing countries.