As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple r...As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regression to examine the relationship between corporate financial slack and R ＆ D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of2009-2013. The results show that： Financial slack and R ＆ D investment intensity presents inverted ＂U＂ type relationship in？sample？companies, and the relationship is positively regulated by environmental dynamism; Financial slack promotes R ＆ D investment but have lag effect.展开更多
As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple r...As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regressionto examine the relationship between corporate financial slack and R ＆ D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of 2009-2013. The results show that： Financial slack and R ＆ D investment intensity presents inverted ＂U＂ type relationship in？sample？companies, and the relationship is positively regulated by environmental dynamism; Financial slackpromotes R ＆ D investment but have lag effect.展开更多
Base on panel data of manufacturing and high-tech industry companies which discoursed R ＆ D expenditure in financial statements from 2004 to 2011, this paper studies the relationship between debt financing and corpor...Base on panel data of manufacturing and high-tech industry companies which discoursed R ＆ D expenditure in financial statements from 2004 to 2011, this paper studies the relationship between debt financing and corporate R ＆ D expenditure under different grow opportunities by using the robust fixed effects that Daniel Hoechle proposed m 2007. The results show that there is not a ＂increasing first, decreasing later＂ non-linear relationship but a ＂double negative＂ relationship between debt level and corporate R ＆ D expenditure. And the ＂double negative＂ relationship has a different mechanism in different growth companies.展开更多
The Gouméré region is located in the North-East of Côte d’Ivoire and is located in the South-West of the Bui furrow. In order to highlight the geology of the area studied, 14 samples were taken for stu...The Gouméré region is located in the North-East of Côte d’Ivoire and is located in the South-West of the Bui furrow. In order to highlight the geology of the area studied, 14 samples were taken for studies using petrographic, geochemical and metallogenic methods. The study of macroscopic and microscopic petrography made it possible to highlight two major lithological units: 1) a volcano-plutonic unit, formed of gabbros, basalt, volcaniclastics and rhyodacite;2) a sedimentary unit (microconglomerate). From a geochemical point of view, the results obtained indicate that the plutonites are gabbro and gabbro diorite while the volcanics have compositions of basaltic andesites, rhyolite and dacites. The sediments have a litharenitic to sublitharenitic character. The metallogenic study made it possible to highlight hydrothermal alterations and metalliferous paragenesis on the formations studied. Hydrothermal alteration is characterized by the presence of carbonation, silicification, sericitization, sulfidation and to a lesser degree chloritization. Metalliferous paragenesis consists of pyrite, chalcopyrite, hematite and magnetite.展开更多
Climate change is an alarming global challenge, particularly affecting the least developed countries (LDCs) including Liberia. These countries, located in regions prone to unpredictable temperature and precipitation c...Climate change is an alarming global challenge, particularly affecting the least developed countries (LDCs) including Liberia. These countries, located in regions prone to unpredictable temperature and precipitation changes, are facing significant challenges, particularly in climate-sensitive sectors such as mining and agriculture. LDCs need more resilience to adverse climate shocks but have limited capacity for adaptation compared to other developed and developing nations. This paper examines Liberia’s susceptibility to climate change as a least developed country, focusing on its exposure, sensitivity, and adaptive capacity. It provides an overview of LDCs and outlines the global distribution of carbon dioxide emissions. The paper also evaluates specific challenges that amplify Liberia’s vulnerability and constrain sustainable adaptation, providing insight into climate change’s existing and potential effects. The paper emphasizes the urgency of addressing climate impacts on Liberia and calls for concerted local and international efforts for effective and sustainable mitigation efforts. It provides recommendations for policy decisions and calls for further research on climate change mitigation and adaptation.展开更多
When an oligopoly company decides how much should be invested in its R＆D, in order to reap the largest profits, it considers not only what its competitors have done but also how its competitors would respond to its a...When an oligopoly company decides how much should be invested in its R＆D, in order to reap the largest profits, it considers not only what its competitors have done but also how its competitors would respond to its action. Therefore, different relationships between oligopoly companies will lead to different responses in their decisions on R＆D investment. A correlation deduced from different responses of oligopoly companies in R＆D investment with the complete information tactic game theory is presented, and the R＆D investment of oilfield service companies was analyzed with this correlation. The correlations of Schlumberger＇s R＆D investment, Halliburton＇s R＆D investment and Baker Hughes＇ R＆D investment were established and analyzed. Meanwhile, two regression models were presented. One was composed of Schlumberger＇s R＆D investment in the previous year and Halliburton＇s R＆D investment. The other was composed of Schlumberger＇s R＆D investment and Baker Hughes＇ R＆D investment in the same year. The accuracy of these two models was proved to be good.展开更多
文摘As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regression to examine the relationship between corporate financial slack and R ＆ D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of2009-2013. The results show that： Financial slack and R ＆ D investment intensity presents inverted ＂U＂ type relationship in？sample？companies, and the relationship is positively regulated by environmental dynamism; Financial slack promotes R ＆ D investment but have lag effect.
文摘As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regressionto examine the relationship between corporate financial slack and R ＆ D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of 2009-2013. The results show that： Financial slack and R ＆ D investment intensity presents inverted ＂U＂ type relationship in？sample？companies, and the relationship is positively regulated by environmental dynamism; Financial slackpromotes R ＆ D investment but have lag effect.
文摘Base on panel data of manufacturing and high-tech industry companies which discoursed R ＆ D expenditure in financial statements from 2004 to 2011, this paper studies the relationship between debt financing and corporate R ＆ D expenditure under different grow opportunities by using the robust fixed effects that Daniel Hoechle proposed m 2007. The results show that there is not a ＂increasing first, decreasing later＂ non-linear relationship but a ＂double negative＂ relationship between debt level and corporate R ＆ D expenditure. And the ＂double negative＂ relationship has a different mechanism in different growth companies.
文摘The Gouméré region is located in the North-East of Côte d’Ivoire and is located in the South-West of the Bui furrow. In order to highlight the geology of the area studied, 14 samples were taken for studies using petrographic, geochemical and metallogenic methods. The study of macroscopic and microscopic petrography made it possible to highlight two major lithological units: 1) a volcano-plutonic unit, formed of gabbros, basalt, volcaniclastics and rhyodacite;2) a sedimentary unit (microconglomerate). From a geochemical point of view, the results obtained indicate that the plutonites are gabbro and gabbro diorite while the volcanics have compositions of basaltic andesites, rhyolite and dacites. The sediments have a litharenitic to sublitharenitic character. The metallogenic study made it possible to highlight hydrothermal alterations and metalliferous paragenesis on the formations studied. Hydrothermal alteration is characterized by the presence of carbonation, silicification, sericitization, sulfidation and to a lesser degree chloritization. Metalliferous paragenesis consists of pyrite, chalcopyrite, hematite and magnetite.
文摘Climate change is an alarming global challenge, particularly affecting the least developed countries (LDCs) including Liberia. These countries, located in regions prone to unpredictable temperature and precipitation changes, are facing significant challenges, particularly in climate-sensitive sectors such as mining and agriculture. LDCs need more resilience to adverse climate shocks but have limited capacity for adaptation compared to other developed and developing nations. This paper examines Liberia’s susceptibility to climate change as a least developed country, focusing on its exposure, sensitivity, and adaptive capacity. It provides an overview of LDCs and outlines the global distribution of carbon dioxide emissions. The paper also evaluates specific challenges that amplify Liberia’s vulnerability and constrain sustainable adaptation, providing insight into climate change’s existing and potential effects. The paper emphasizes the urgency of addressing climate impacts on Liberia and calls for concerted local and international efforts for effective and sustainable mitigation efforts. It provides recommendations for policy decisions and calls for further research on climate change mitigation and adaptation.
文摘When an oligopoly company decides how much should be invested in its R＆D, in order to reap the largest profits, it considers not only what its competitors have done but also how its competitors would respond to its action. Therefore, different relationships between oligopoly companies will lead to different responses in their decisions on R＆D investment. A correlation deduced from different responses of oligopoly companies in R＆D investment with the complete information tactic game theory is presented, and the R＆D investment of oilfield service companies was analyzed with this correlation. The correlations of Schlumberger＇s R＆D investment, Halliburton＇s R＆D investment and Baker Hughes＇ R＆D investment were established and analyzed. Meanwhile, two regression models were presented. One was composed of Schlumberger＇s R＆D investment in the previous year and Halliburton＇s R＆D investment. The other was composed of Schlumberger＇s R＆D investment and Baker Hughes＇ R＆D investment in the same year. The accuracy of these two models was proved to be good.
