Managing the value of the organization is taking place based on factors forming it. It is becoming possible thanks to such managing operations of the organization, when in the end an image in accordance with expectati...Managing the value of the organization is taking place based on factors forming it. It is becoming possible thanks to such managing operations of the organization, when in the end an image in accordance with expectations, giving the state back to the value of organizations is being got. Creating the goodwill is based among others on immaterial factors, which although they are becoming impossible to include in balance, are taken hold in time value of the organization. Creation of the value of an organization may be based on the organizational culture. The article presents the essence of value management and organization characterized the factors affecting the formation of organizational culture, ways of dealing with an organization aimed at consolidating and strengthening the organizational culture. Sometimes organizations feel the need to change the culture in order to achieve increased efficiency and ensure the success of the company to implement the necessary changes. Therefore, the rest of this article presents the elements to ensure a smooth implementation and consolidation of cultural change.展开更多
This paper studies the optimal dividend problem in the diffusion model with stochastic return on investments. The insurance company invests its surplus in a financial market. More specially, the authors consider the c...This paper studies the optimal dividend problem in the diffusion model with stochastic return on investments. The insurance company invests its surplus in a financial market. More specially, the authors consider the case of investment in a Black-Scholes market with risky asset such as stock. The classical problem is to find the optimal dividend payment strategy that maximizes the expectation of discounted dividend payment until ruin. Motivated by the idea of Thonhauser and Albrecher （2007）, we take the lifetime of the controlled risk process into account, that is, the value function considers both the expectation of discounted dividend payment and the time value of ruin. The authors conclude that the optimal dividend strategy is a barrier strategy for the unbounded dividend payment case and is of threshold type for the bounded dividend payment case.展开更多
文摘Managing the value of the organization is taking place based on factors forming it. It is becoming possible thanks to such managing operations of the organization, when in the end an image in accordance with expectations, giving the state back to the value of organizations is being got. Creating the goodwill is based among others on immaterial factors, which although they are becoming impossible to include in balance, are taken hold in time value of the organization. Creation of the value of an organization may be based on the organizational culture. The article presents the essence of value management and organization characterized the factors affecting the formation of organizational culture, ways of dealing with an organization aimed at consolidating and strengthening the organizational culture. Sometimes organizations feel the need to change the culture in order to achieve increased efficiency and ensure the success of the company to implement the necessary changes. Therefore, the rest of this article presents the elements to ensure a smooth implementation and consolidation of cultural change.
基金This work is supported by the National Basic Research Program of China （973 Program） under Grant No. 2007CB814905 and the National Natural Science Foundation of China under Grant No. 10871102.
文摘This paper studies the optimal dividend problem in the diffusion model with stochastic return on investments. The insurance company invests its surplus in a financial market. More specially, the authors consider the case of investment in a Black-Scholes market with risky asset such as stock. The classical problem is to find the optimal dividend payment strategy that maximizes the expectation of discounted dividend payment until ruin. Motivated by the idea of Thonhauser and Albrecher （2007）, we take the lifetime of the controlled risk process into account, that is, the value function considers both the expectation of discounted dividend payment and the time value of ruin. The authors conclude that the optimal dividend strategy is a barrier strategy for the unbounded dividend payment case and is of threshold type for the bounded dividend payment case.
