Using representative sampling survey data,we take the case of roads,domestic water,irrigation facilities,clinics and schools,to give an overview of the status quo of rural public investment in Sichuan's hilly and ...Using representative sampling survey data,we take the case of roads,domestic water,irrigation facilities,clinics and schools,to give an overview of the status quo of rural public investment in Sichuan's hilly and mountainous areas in the period 2005 -2008; conduct comprehensive analysis of public investment benefit,from the status quo of supply and demand,social benefit and villagers' satisfaction. The results show that the social benefit arising from the construction of road projects is good,while the social benefit arising from the construction of irrigation facilities is poor; the matching effect of supply and demand of public investment is poor,especially for the investment in irrigation facilities; on the whole,villagers' satisfaction with public investment has been promoted,but most of the villagers are still unsatisfied with the current irrigation facilities. The major capital source of rural public investment is from the government,but from the perspective of the villagers' demand,we should further increase the public financial input.展开更多
This study empirically examines the relationship between a firm＇s fulfilling of corporate social responsibility （CSR） and performance. We developed a CSR index （CSRI） to quantitatively evaluate CSR, which consist...This study empirically examines the relationship between a firm＇s fulfilling of corporate social responsibility （CSR） and performance. We developed a CSR index （CSRI） to quantitatively evaluate CSR, which consists of four dimensions measuring a firm＇s contributions to the economy, society, environment, and corporate governance, respectively. With data from publicly-listed firms in Taiwan during the period of 2004--2009, results of quantile regression show that fulfilling CSR has a significantly positive impact on firm performance, and that the impact in a more profitable firm tends to be significantly greater than that in a less profitable firm. Specifically, when a firm is more profitable, its management would be more willing to implement CSR. The implication is that a firm could pursue better performance while serving as a good corporate citizen.展开更多
基金Supported by West China Development Program of Chinese Academy of Sciences (09R2340340)Hundred-talent Award Program of Chinese Academy of SciencesKey Orientation Programs of Chinese Academy of Sciences(KZCX2 - EW - 317)
文摘Using representative sampling survey data,we take the case of roads,domestic water,irrigation facilities,clinics and schools,to give an overview of the status quo of rural public investment in Sichuan's hilly and mountainous areas in the period 2005 -2008; conduct comprehensive analysis of public investment benefit,from the status quo of supply and demand,social benefit and villagers' satisfaction. The results show that the social benefit arising from the construction of road projects is good,while the social benefit arising from the construction of irrigation facilities is poor; the matching effect of supply and demand of public investment is poor,especially for the investment in irrigation facilities; on the whole,villagers' satisfaction with public investment has been promoted,but most of the villagers are still unsatisfied with the current irrigation facilities. The major capital source of rural public investment is from the government,but from the perspective of the villagers' demand,we should further increase the public financial input.
文摘This study empirically examines the relationship between a firm＇s fulfilling of corporate social responsibility （CSR） and performance. We developed a CSR index （CSRI） to quantitatively evaluate CSR, which consists of four dimensions measuring a firm＇s contributions to the economy, society, environment, and corporate governance, respectively. With data from publicly-listed firms in Taiwan during the period of 2004--2009, results of quantile regression show that fulfilling CSR has a significantly positive impact on firm performance, and that the impact in a more profitable firm tends to be significantly greater than that in a less profitable firm. Specifically, when a firm is more profitable, its management would be more willing to implement CSR. The implication is that a firm could pursue better performance while serving as a good corporate citizen.
