Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect ...Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.展开更多
Call center technology has been widely used in China, including industries of banking, railway, telecommunication, electron, insurance, and so on. But the actual effects and benefits brought by adoption of call center...Call center technology has been widely used in China, including industries of banking, railway, telecommunication, electron, insurance, and so on. But the actual effects and benefits brought by adoption of call center are really poor. This paper analyzes the situation of call center＇s adoption in several major industries in China and also analyzes the existing problems, From the point of view of strategies of enterprises and call center, this paper puts forward a set of strategic and theoretical suggestions for call center development in China.展开更多
In 2010, China entered what the World Development Bank Report of 2010 labeled as the upper-middle-income threshold with a GDP per capita of $4,396. China s current momentum will likely carry it through sustained grow...In 2010, China entered what the World Development Bank Report of 2010 labeled as the upper-middle-income threshold with a GDP per capita of $4,396. China s current momentum will likely carry it through sustained growth in the foreseeable future, but it remains unsure whether China will escape the middle-income trap and grow into a high-income country. The answer lies in China＇s ability to restructure its industrial and social structure.展开更多
After reviewing the bad news and corruptions of the higher executives in commercial banks recent years, the article first analyzes the characteristics of all these things, and use game theory to analyzes the actions b...After reviewing the bad news and corruptions of the higher executives in commercial banks recent years, the article first analyzes the characteristics of all these things, and use game theory to analyzes the actions between the higher executives and administrative sections and further construes with cost and benefit utility model, and finally put up some countermeasures.展开更多
Downsizing as a systematic reduction of employees is frequently utilized in order to increase productivity, efficiency, profitability, and competitiveness of firms. As a strategy of choice for many firms around the wo...Downsizing as a systematic reduction of employees is frequently utilized in order to increase productivity, efficiency, profitability, and competitiveness of firms. As a strategy of choice for many firms around the world, downsizing produces far-reaching financial, organizational, and social consequences. Despite the large body of literature, there is inconclusive evidence as to whether downsizing is effective and whether it generates the widely anticipated financial benefits. An in-depth review of the literature suggests that most downsized organizations have failed to yield economic benefits. This case study examined whether Portugal＇s eight largest banks realized their financial objectives upon the execution of downsizing activities during their recent 2008-2010 endeavors. Financial performance was measured through employee efficiency, profitability, and asset quality. Six hypotheses were defined using six different financial ratios which were deemed as integral tools for measuring financial performance of deposit-accepting banks. The secondary data were analyzed within a defined framework of two distinct phases： pre- and post-downsizing phases. A key statistical tool, the paired sample t-test, was applied to determine whether there were statistically significant differences in the ratios between the two timeframes. The analysis demonstrated that there were statistically significant differences between the pre- and post-downsizing ratios of loans per employee and deposits per employee. In contrast, no statistically significant difference was found in return on assets （ROA）, return on equity （ROE）, loans to assets, and non-performing loans to loans ratios. On the basis of this analysis, the study has concluded that downsized large Portuguese banks have largely failed to achieve their projected financial objectives.展开更多
Nowadays,the world belongs to the era of the economy full of information. The development of human resources in the entel-prise also shows the increasingly important. At present, commercial banks are not only to recru...Nowadays,the world belongs to the era of the economy full of information. The development of human resources in the entel-prise also shows the increasingly important. At present, commercial banks are not only to recruitment, introduction of outstanding professionals to enrich their team, but also the more important is potental of the existing management and staff training. Therefore, staff training and development will highlight out from the commercial bank management, which can make sure that a business adapt to the environment, realizing the fundamental value and the main enterprises for sustainable development.展开更多
We analyze an infinite horizon difference game between four aggregated industries-production of producer goods, production of consumption goods, federation of labor unions, and commercial banking sector. Consumers do ...We analyze an infinite horizon difference game between four aggregated industries-production of producer goods, production of consumption goods, federation of labor unions, and commercial banking sector. Consumers do not behave strategically. They make their decisions on the basis of maximization of average discounted utility. Therefore, we do not include them in the set of players in the game. The payoffof each production industry and the commercial banking sector is equal to the average discounted sum of real dividends of its owners. The payoff of the federation of labor unions is equal to the average discounted sum of real wages and real unemployment benefits. A strict strong perfect general equilibrium is the applied solution concept for the game. It requires that there does not exist a coalition of players that can weakly Pareto improve the vector of continuation payoffs of its members in some subgame by a coordinated deviation. It is a refinement of Rubinstein＇s concept of a strong perfect equilibrium. We formulate and prove the sufficient condition for its existence. It is based on the assumption that no one of the aggregated industries can have a positive output without using some minimal amount of output of each other aggregated industry as an input. By definition, in each subgame, the equilibrium payoff vector in a strict strong perfect general equilibrium is strictly Pareto efficient. Thus, if each consumer either has only income from wage and unemployment benefit or receives dividend from only one aggregated industry, and his nominal income in each period along the equilibrium path exceeds social minimum, it is not possible to weakly Pareto improve the vector of consumers＇ average discounted real incomes. This holds not only for the whole game but also for each subgame starting in the first phase of some period.展开更多
文摘Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.
文摘Call center technology has been widely used in China, including industries of banking, railway, telecommunication, electron, insurance, and so on. But the actual effects and benefits brought by adoption of call center are really poor. This paper analyzes the situation of call center＇s adoption in several major industries in China and also analyzes the existing problems, From the point of view of strategies of enterprises and call center, this paper puts forward a set of strategic and theoretical suggestions for call center development in China.
文摘In 2010, China entered what the World Development Bank Report of 2010 labeled as the upper-middle-income threshold with a GDP per capita of $4,396. China s current momentum will likely carry it through sustained growth in the foreseeable future, but it remains unsure whether China will escape the middle-income trap and grow into a high-income country. The answer lies in China＇s ability to restructure its industrial and social structure.
文摘After reviewing the bad news and corruptions of the higher executives in commercial banks recent years, the article first analyzes the characteristics of all these things, and use game theory to analyzes the actions between the higher executives and administrative sections and further construes with cost and benefit utility model, and finally put up some countermeasures.
文摘Downsizing as a systematic reduction of employees is frequently utilized in order to increase productivity, efficiency, profitability, and competitiveness of firms. As a strategy of choice for many firms around the world, downsizing produces far-reaching financial, organizational, and social consequences. Despite the large body of literature, there is inconclusive evidence as to whether downsizing is effective and whether it generates the widely anticipated financial benefits. An in-depth review of the literature suggests that most downsized organizations have failed to yield economic benefits. This case study examined whether Portugal＇s eight largest banks realized their financial objectives upon the execution of downsizing activities during their recent 2008-2010 endeavors. Financial performance was measured through employee efficiency, profitability, and asset quality. Six hypotheses were defined using six different financial ratios which were deemed as integral tools for measuring financial performance of deposit-accepting banks. The secondary data were analyzed within a defined framework of two distinct phases： pre- and post-downsizing phases. A key statistical tool, the paired sample t-test, was applied to determine whether there were statistically significant differences in the ratios between the two timeframes. The analysis demonstrated that there were statistically significant differences between the pre- and post-downsizing ratios of loans per employee and deposits per employee. In contrast, no statistically significant difference was found in return on assets （ROA）, return on equity （ROE）, loans to assets, and non-performing loans to loans ratios. On the basis of this analysis, the study has concluded that downsized large Portuguese banks have largely failed to achieve their projected financial objectives.
文摘Nowadays,the world belongs to the era of the economy full of information. The development of human resources in the entel-prise also shows the increasingly important. At present, commercial banks are not only to recruitment, introduction of outstanding professionals to enrich their team, but also the more important is potental of the existing management and staff training. Therefore, staff training and development will highlight out from the commercial bank management, which can make sure that a business adapt to the environment, realizing the fundamental value and the main enterprises for sustainable development.
文摘We analyze an infinite horizon difference game between four aggregated industries-production of producer goods, production of consumption goods, federation of labor unions, and commercial banking sector. Consumers do not behave strategically. They make their decisions on the basis of maximization of average discounted utility. Therefore, we do not include them in the set of players in the game. The payoffof each production industry and the commercial banking sector is equal to the average discounted sum of real dividends of its owners. The payoff of the federation of labor unions is equal to the average discounted sum of real wages and real unemployment benefits. A strict strong perfect general equilibrium is the applied solution concept for the game. It requires that there does not exist a coalition of players that can weakly Pareto improve the vector of continuation payoffs of its members in some subgame by a coordinated deviation. It is a refinement of Rubinstein＇s concept of a strong perfect equilibrium. We formulate and prove the sufficient condition for its existence. It is based on the assumption that no one of the aggregated industries can have a positive output without using some minimal amount of output of each other aggregated industry as an input. By definition, in each subgame, the equilibrium payoff vector in a strict strong perfect general equilibrium is strictly Pareto efficient. Thus, if each consumer either has only income from wage and unemployment benefit or receives dividend from only one aggregated industry, and his nominal income in each period along the equilibrium path exceeds social minimum, it is not possible to weakly Pareto improve the vector of consumers＇ average discounted real incomes. This holds not only for the whole game but also for each subgame starting in the first phase of some period.
