The development of music culture industry is presented with diverse structure, which arises from that the value of music culture has been repositioned under the condition of socialist market economy. On ontology resea...The development of music culture industry is presented with diverse structure, which arises from that the value of music culture has been repositioned under the condition of socialist market economy. On ontology research, music culture industry is mainly for integrating and connecting the development system of music itself, and as mentioned before, the related scope is only limited to these inner factors. Actually. the purpose of music culture industry is not the product of subjective conjecture, and it all realistic foundations and clues will be found out in the running law of market economy and culture. It is easy to discover that the influence of culture industrialization era is really strong, and the establishment of knowledge-based economy requires art circulation and relevant modes. On another level, the current development condition of music culture also catches our attention.展开更多
China＇s capital market is different from that of the US in economic, political, and socio-cultural ways. China＇s dynamic and fast growing economy for the past decade entails some structural changes and weaknesses an...China＇s capital market is different from that of the US in economic, political, and socio-cultural ways. China＇s dynamic and fast growing economy for the past decade entails some structural changes and weaknesses and as a consequence, there are some business failures. We propose bankruptcy prediction models using Chinese firm data via several data mining tools and traditional logit analysis. We used Chinese firm data one year prior to bankruptcy and our results suggest that the financial variables developed by Altman （1968） and Ohlson （1980） perform reasonably well in determining business failures of Chinese firms, but the overall prediction rate is low compared with those of the US or other countries＇ studies. The reasons for this low prediction rate may be structural weaknesses resulting from China＇s fast growth and immature capital market.展开更多
文摘The development of music culture industry is presented with diverse structure, which arises from that the value of music culture has been repositioned under the condition of socialist market economy. On ontology research, music culture industry is mainly for integrating and connecting the development system of music itself, and as mentioned before, the related scope is only limited to these inner factors. Actually. the purpose of music culture industry is not the product of subjective conjecture, and it all realistic foundations and clues will be found out in the running law of market economy and culture. It is easy to discover that the influence of culture industrialization era is really strong, and the establishment of knowledge-based economy requires art circulation and relevant modes. On another level, the current development condition of music culture also catches our attention.
文摘China＇s capital market is different from that of the US in economic, political, and socio-cultural ways. China＇s dynamic and fast growing economy for the past decade entails some structural changes and weaknesses and as a consequence, there are some business failures. We propose bankruptcy prediction models using Chinese firm data via several data mining tools and traditional logit analysis. We used Chinese firm data one year prior to bankruptcy and our results suggest that the financial variables developed by Altman （1968） and Ohlson （1980） perform reasonably well in determining business failures of Chinese firms, but the overall prediction rate is low compared with those of the US or other countries＇ studies. The reasons for this low prediction rate may be structural weaknesses resulting from China＇s fast growth and immature capital market.
