From the perspective of financial distortoin and using the statistics China＇s industrial enterprises between 1999 and 2007,this paper examines the relationship between corporate ownership and ROIC （return on investe...From the perspective of financial distortoin and using the statistics China＇s industrial enterprises between 1999 and 2007,this paper examines the relationship between corporate ownership and ROIC （return on invested capital）.Our empirical results suggest that SOEs have a for lower ROIC average compared to enterprises of the forms of ownership,and that private enterprises have the highest ROIC.In addition,this paper＇s numerical simulation results indicate that if financial distortion is eliminated,so that more financial resources can be redirected to private enterprises with a higher ROIC,China＇s GDP growth could be increased by 2 to 8 per cent over the current level.展开更多
Innovative entrepreneurial process and the development of Chinese private enterprises have striking similarities： rapid rise rapidly fading, keeping play with the creation, rise, decline, and the trilogy. Chinese pri...Innovative entrepreneurial process and the development of Chinese private enterprises have striking similarities： rapid rise rapidly fading, keeping play with the creation, rise, decline, and the trilogy. Chinese private enterprises in its initial start-up phase, is always full of vigor and vitality, highly competitive and pioneering spirit, a variety of opportunities to grasp and use is always on the way. Thus achieved considerable results and performance, and with a not too long, but the fast expansion stage of development, and the rapid rise. However, after these private companies completed the primitive accumulation, while making great strides with the conditions and ability, they stopped, lost some goals and direction, showing a series of irrational behavior, even some are from decline rapidly decline.展开更多
Current accounting development in Kosovo is estimated to be relatively good, which always constituted in terms of maintenance, improvement and facilitate of financial reporting system for all business entities within ...Current accounting development in Kosovo is estimated to be relatively good, which always constituted in terms of maintenance, improvement and facilitate of financial reporting system for all business entities within this system In recent years, Kosovo experienced rapid development in economic and social aspects, along with all effects and other changes, which has occurred in the development of accounting and financial reporting system. Accounting requirements are already addressed to the business community for keeping proper accounting in accordance with existing intemational and Kosovar standards. In recent years in Kosovo, we notice an increase of enterprises in the number, especially private enterprises, which have highlighted the great necessary to have such information, who had been a major help for their managers. With this, the accounting gets a new role, becoming the information that flows from that decisive leadership bodies. But the changing of role of accounting must be accompanied by measures to ensure its retention in accordance with the requirements and new conditions created展开更多
文摘From the perspective of financial distortoin and using the statistics China＇s industrial enterprises between 1999 and 2007,this paper examines the relationship between corporate ownership and ROIC （return on invested capital）.Our empirical results suggest that SOEs have a for lower ROIC average compared to enterprises of the forms of ownership,and that private enterprises have the highest ROIC.In addition,this paper＇s numerical simulation results indicate that if financial distortion is eliminated,so that more financial resources can be redirected to private enterprises with a higher ROIC,China＇s GDP growth could be increased by 2 to 8 per cent over the current level.
文摘Innovative entrepreneurial process and the development of Chinese private enterprises have striking similarities： rapid rise rapidly fading, keeping play with the creation, rise, decline, and the trilogy. Chinese private enterprises in its initial start-up phase, is always full of vigor and vitality, highly competitive and pioneering spirit, a variety of opportunities to grasp and use is always on the way. Thus achieved considerable results and performance, and with a not too long, but the fast expansion stage of development, and the rapid rise. However, after these private companies completed the primitive accumulation, while making great strides with the conditions and ability, they stopped, lost some goals and direction, showing a series of irrational behavior, even some are from decline rapidly decline.
文摘Current accounting development in Kosovo is estimated to be relatively good, which always constituted in terms of maintenance, improvement and facilitate of financial reporting system for all business entities within this system In recent years, Kosovo experienced rapid development in economic and social aspects, along with all effects and other changes, which has occurred in the development of accounting and financial reporting system. Accounting requirements are already addressed to the business community for keeping proper accounting in accordance with existing intemational and Kosovar standards. In recent years in Kosovo, we notice an increase of enterprises in the number, especially private enterprises, which have highlighted the great necessary to have such information, who had been a major help for their managers. With this, the accounting gets a new role, becoming the information that flows from that decisive leadership bodies. But the changing of role of accounting must be accompanied by measures to ensure its retention in accordance with the requirements and new conditions created
