Central SOEs and State-owned Assets Management System Witness Great Reform&Development

Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.……

Blockchain and Digital Transformation of University Asset Management

As educational activities realize value transmission and value realization through a digital form, the Digital transformation of universities continues to advance. The quantity of asset data continues to grow, with internal value reflected in education, management, and services, while external value is reflected in policies, resources and reputation. Therefore, effective management of university assets is particularly important. Blockchain is an important infrastructure for Digital transformation, which provides a trusted environment for the occurrence of various collaborations and will reshape many collaboration mechanisms. This paper discusses the current situation and problems faced by universities in the process of Digital transformation. We analyze the development opportunities brought about by Digital transformation and the specific problems faced by physical asset management in detail. We discuss the data platform optimization, asset data application, digital asset security, planning strategy, and construction path of digital transformation involved in the physical asset management of universities.

Revealing Importance of Management of Assets in Investment Trust Companies by DEA Analysis

In this paper,contribution of sources to the efficiency of Turkish investment trust companies is investigated by eight models which are constructed by different combinations of inputs of DEA analyze structure.Input oriented CRS based data envelopment analysis(DEA)and also Malmquist Productivity Index are applied for the time period of 2009—2016.Inputs of the CRS model are preferred as financial investments,cash and cash equivalents,cost of sales,and total sales while net profit and net sales are outputs of the models.It is reached at the conclusion that only management of investments is providing better results than only focusing on cash or cost management.In addition,effects and contribution of investment management parameter when it is added to the other ones is found more.

The Separation of Powers from Functions and the Establishment of a New Structure of Management and Operation of State-owned Assets

The development of the socialist market economy demands the furtherintensification of the reform of the management operating system (MOS)of the state-owned assets, the strengthening of the efficiency in the man-agement of state-owned assets,and the improvement of the operating bene-

Asset specificity and farmers' intergenerational succession willingness of apple management

Understanding the factors behind apple farmers’willingness to pass on the management of their farms to their descendants is crucial to the continuity of apple production.Due to the high specificity of the human capital,physical assets,land assets,and geographical location in apple production,this study used a binary logistic regression and a mediating effect model to explore the impact of asset specificity on farmers’intergenerational succession willingness of apple management(FISWAM)and to examine the mediating effects of loss aversion in the impact of asset specificity on the FISWAM.The results showed that about 18.68%of the respondents expressed willingness to transfer their apple business between generations,and the FISWAM was generally weak.In addition to the negative impact of geographical location specificity(GLS),human capital specificity(HCS),physical assets specificity(PAS),and land assets specificity(LAS)can enhance the FISWAM.Loss aversion plays a partial mediating role in the impact of PAS,LAS,and GLS on the FISWAM.

Life-cycle cost model and evaluation system for power grid assets based on fuzzy membership degree

Life-cycle cost(LCC)theory can be effectively applied to improve the efficiency and quality of power plant equipment and asset management.However,specific aspects of the LCC calculation and evaluation model require further research for practical application.This paper proposes an LCC assessment model for the management of electric power plant equipment during its service life.A membership function method based on fuzzy logic is used to improve the allocation of modernization and overhaul projects to multiple equipment assets.An LCC assessment model and evaluation system for power equipment are proposed and successfully applied to the equipment and project management of a Guangzhou power plant in the China Southern Power Grid,providing a decision-making mechanism that facilitates efficient operation and optimal utilization of power plant equipment and assets.

The Application Mode of Blockchain in University Asset Management

With the development of higher education, the scale of university assets has become more diversified, complex and decentralized. Traditional asset management is inefficient. Information is not transparent and management responsibilities are unclear. This paper analyzes the difficulties in the process of asset management in universities and discusses the advantages of blockchain technology. We research on the application of blockchain technology in the process of asset management in universities and propose a framework design based on blockchain technology to standardize the asset management process. The result improves the efficiency of asset inventory and ensures the credibility of asset information. It helps to prevent asset information tampering, and improves the security of asset data. It also pushes the asset management mode from static to dynamic.

GIS Based Management System for Photovoltaic Panels

This paper provides a proposal of implementation of latest technologies in photovoltaic installation and management system. Punjab Government Cooperative Housing Society was selected to find out suitability for photovoltaic installation and its management after that. Google Earth imagery and scanned maps were selected for the preparation of spatial and attribute data of buildings in the study area by using ArcGIS software. In first stage data were digitized and suitability and potential for each building were estimated. In second stage all the tabular data which consisted of owner information, panel information, its potential and location were linked to each other for management purpose. Selected area for solar panels installation was linked to building information for query and visualization.

30 years of reform of China's state-owned asset management system

Reform of China’s state-owned asset management system is an important component of China’s economic system reform,but also a key factor in rejuvenating the national economy.In this article,the authors analyzed the background of the reform,summarized the reform process and discussed related question on how to deepen the reform.

IT Asset Management of Industrial Automation Systems

1. Introduction The installation and administration of large heterogeneous IT infrastructures, for enterprises as well industrial automation systems, are becoming more and more complex and time consuming. The growing number of interconnections between networks, the development of new intelligent IT devices, and increasingly sophisticated computer hard-

The Management Problem of the Industrialization of Water Resources and Its Countermeasures

Water is the material basis of man’s living. It cannot be substituted. In addition, it is the life line of agriculture andeven the national economy. However, water resources face very serious situation in our country. It is shown that waterresources are in short and the water pollution is becoming more and more serious day by day. The reason for the problem ofwater resources is the management problem of water resources. Besides, the per capita water resource is low because thepopulation is increasingly serious. The industrialization of water resources is a new conception presented due to the deepeningof the social labor division and the demands of the mitigating contradiction of water resources. This paper analyzes the presentsituation of water resources in our country and the reasons for the problems. It expounds the important significance of theindustrialization of management of water resources. Then it puts forward some suggestions for the management of the industryof water resources, and some measure to solve those problems.

Asset Life Cycle Management in Finnish Water Utilities

The aim of this paper is to improve the water industry asset life cycle management framework towards more resilient water services in Finland. This paper is based on a literature study and a web-based semi-structured thematic interview, in which the Finnish water utility managers identified the current status of their utilities’ asset management. The water services professionals are extremely worried that, by and large, water and sewage networks are still deteriorating, although the networks are nowadays rehabilitated more systematically. The survey reveals that although most of the surveyed utilities have adopted several processes and sub-processes of asset management, and a few utilities are even using some asset management guides, as a whole a strategic approach to and a comprehensive framework for optimized management of physical assets are not practiced. Therefore the development and introduction of specific asset management guidelines should be considered. In order to support successful usage of the asset management framework, the basic concepts and principles of engineering asset management should be included in educational and professional development programs, in particular at the university level.

Investigain:A Productive Asset Management Web Application

The Investigain is a progressive web application to make mutual funds investments through a Systematic Investment Plan.The application utilizes the web’s modern capabilities,such as Asynchronous JavaScript and XML(AJAX),JavaScript,and Hypertext Marker Language(HTML5).The application also uses a powerful relational database management system,such as MySQL,to display asset management information.The application has two portals,one for investors and one for a particular asset manager or asset management company.Each investor has an account in the investor portal.The investor can view his/her profile,current balance,balance history,dividends,the units of mutual funds bought,unit price,the value of each mutual fund,and can pay installments using an embedded online payment gateway.Asset managers can monitor all investments,manage user accounts,and reimburse dividends using the admin portal.This paper also presents the experimental results of using the Investigain application,compares them with existing systems,and details the application’s prospect to improve its socio-economic conditions.The system’s frontend is designed with Bootstrap and jQuery frameworks.The backend is designed using Hypertext Preprocessor(PHP)server-side scripting language.The system demonstrated increased satisfaction from its clients.

GIS Enabled Condition Based Asset Management of Gas Distribution Network: A Case Study of Shahdara, Lahore Pakistan

World energy consumption increased by 56 percent, from 524 quadrillion Btu in 2010 to 820 quadrillion Btu in 2040. The increased demand in energy consumption is fulfilled by different renewable and non-renewable sources such as petroleum, natural gas, electricity, nuclear etc. Natural gas is one of the most important sources of energy. SNGPL has been managing a 94,263 km long gas pipelines network covering approximately the northern part of Pakistan. In this paper we have presented the use of condition based maintenance (CBM) management techniques with a?geographical information system (GIS) for asset management of a gas distribution network of?SNGPL. The continuous monitoring and updating of asset data reveal where the assets are located and which needs maintenance or which lies in critical condition. The system helps to save time and reduce visits to the sites and labour reduction.

Working Capital Management and Firms’ Profitability: Evidence from Quoted Firms on the Nigerian Stock Exchange

Over the years, it appeared that firms failed to subject short-term investments to proper management thereby leading to either excessive or inadequate working capital which in turn affected their profitability. To empirically satisfy this, this paper examined working capital management and firms’ profitability in Nigeria quoted firms on Nigerian Stock Exchange (NSE). A panel data methodology was used with different regression estimators to analyze this relationship based on a balanced panel of 10 listed firms during the period 2008-2017. It was discovered that cash collection period and cash payment period exerted a negative impact on return on assets, though the impact was only significant for cash payment period on the ground of −0.064 (p = 0.000 −0.032 (p = 0.077 > 0.05). Also discovered was that both the current ratio and inventory period exerted a positive impact on return on assets, though the impact was only significant for current ratio on the ground of 8.172 (p = 0.000 0.05). The study concluded that working capital management affected firms’ profitability in Nigeria. Therefore it was recommended that while the shorter collection was maintained, payment to creditors should not be elongated so as to enjoy cash discount (if any) and that firms should be proactive in the management of raw materials in order to avoid idle resources that might negatively impact their financial performance.

Local Government Asset Management:Affecting Factors and Policy Implications on Government Work Unit of Central Java Province in Indonesia

This study aims to analyze the influence of Human Resource Competence,Regulation,Information Technology,Reconciliation,and Internal Control System on Asset Management in Local Government Work Unit(abbreviated SKPD)of Central Java Provincial Government.This research is conducted because there is still record in the Final Report of Inspection by the Republic of Indonesia Audit Board(abbreviated BPK)concerning problem of asset management conducted by some SKPDs of Central Java Provincial Government,although in general the Local Government Financial Report of Central Java Province has got opinion“Reasonable Without Exception”.The data source of this research is primary data collected through interview method on asset management officers at the 48 SKPD in Central Java Provincial Government.Data analysis method used in this research is multiple regression analysis.This research finds that the Human Resource Competence,the Regulation,the Information Technology,the Reconciliation,and the Internal Control System have positive and significant effect on the Asset Management at the Local Government Work Unit of Central Java Provincial Government at level of significance 0.05.Ability to explain of the independent variables to the Asset Management variable is equal to 67.7%.

Study of Customer Relationship Asset Management from the People-oriented Perspective

With the advent of the knowledge economy and information age in the 21st century,the relationship between managers,the managed personnel,and customers has undergone tremendous changes.In order to meet the needs of the development of the times,the business management has gradually turned to the study of people,and humanistic management has become one of the important factors influencing the sustainable development of enterprises.This paper came up with people-oriented management approaches and countermeasures for enterprises from corporate culture,customer satisfaction and loyalty,balance sheet management,customer database establishment,and improvement of the rate of return of customer relationship assets.