Evolution and Governance of the Structure of Marine Economic Networks in China’s Coastal Areas: Based on Sea-related A-share Listed Companies

Data on discrete,isolated attributes of the marine economy are often used in traditional marine economic research.However,as the focus of urban research shifts from internal static attributes to external dynamic linkages,the importance of marine economic net-work research is beginning to emerge.The construction of the marine economic network in China’s coastal areas is necessary to change the flow of land and sea resources and optimize regional marine economic development.Employing data from headquarters and branches of sea-related A-share listed enterprises to construct the marine economic network in China,we use social network analysis(SNA)to discuss the characteristics of its evolution as of 2010,2015,and 2020 and its governance.The following results were obtained.1)In terms of topological characteristics,the scale of the marine economic network in China’s coastal areas has accelerated and expan-ded,and the connections have become increasingly close;thus,this development has complex network characteristics.2)In terms of spatial structure,the intensity of the connection fluctuates and does not form stable development support;the group structure gradually becomes clear,but the overall pattern is fragmented;there are spatial differences in marine economic agglomeration radiation;the radi-ation effect of the eastern marine economic circle is obvious;and the polarization effect of northern and southern marine economic circles is significant.On this basis,we construct a framework for the governance of a marine economic network with the market,the government,and industry as the three governing bodies.By clarifying the driving factors and building objectives of marine economic network construction,this study aims to foster the high-quality development of China’s marine economy.

Research on the path of effective management of participation in joint-venture railway companies by China railway group

Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.

Assessment Report on Business Environment for Foreign-funded Companies(Zhejiang)

In spite of the slowdown in world economic growth and the escalation of geopolitical tensions,the numerous multinational companies still cast votes of confidence in the Chinese market with their practical actions.In particular,Zhejiang Province displayed its magnetic attraction for high-quality foreign investment.Data shows that in 2023,the province’s actual use of FDI(foreign direct investment)came at USD 20.2 billion(exceeding USD 20.0 billion for the first time ever),ranked the 4th nationwide.The total FDI saw an increase of 4.8%year on year,and FDI used in the manufacturing sector rose by 85.8%,whose percentage in the total reached a record high.

Leading Chinese Companies to Seek Opportunities in Overseas Markets

On April 14,a flight from China landed at ingsford Smith Airport in Sydney,marking the beginning of the journey for Chinese companies entering the Australian and New Zealand markets.The"Thousands of Entrepreneur Delegations Going Overseas"activity is an important measure taken by China Council for the Promotion of International Trade(CCPIT) to help companies develop in foreign markets and promote practical cooperation between Chinese and foreign businesses.Since the beginning of the year.

Influence of Energy Policies on Development Path of US Oil Companies

Focused on“energy security”,US energy policies have undergone a multi-stage evolution.The main line has shifted from ensuring the oil and gas supply to achieving energy independence,and then to diversified development under a broader concept of energy security.The development path of US oil and gas companies is guided and influenced by series of policies.Represented by ExxonMobil and Chevron,US oil companies are maintaining a long commitment to the oil and gas business,especially unconventional resources such as shale gas and shale oil.Different from their European counterparts,US oil companies have chosen CCS/CCUS as their primary method for achieving carbon neutrality.As for the new energy business,the US oil giants are showing more interest in raw materials such as lithium resources rather than the power generation business.

Construction of Value-Creation Oriented Carbon Assets Management System of Oil Companies

As climate change draws more attention globally,the development of low-carbon economy has become an inevitable choice for mankind to achieve sustainable development.The increasingly strict control of carbon emission is making carbon emission rights a scarce resource and endowing the rights with the attributes of assets and commodities.China has announced the goal of“carbon emission peaking before 2030 and carbon neutralization before 2060”.Responding to this goal,as major carbon emitters,oil companies play the role of a driving force for green and low-carbon development.Carbon assets management is a key path for oil companies to achieve emission reduction goals and low-carbon transformation.However,the carbon assets management of China’s oil companies is still in the initial stage,with the system and regulations not yet sound,and the management process not yet closed loop.First the modes and experiences of carbon assets management in major international oil companies is introduced.Then the objective logical relationship and linkage laws between carbon assets management and enterprise value creation are comprehensively analyzed by integrating the basic theories of economics and management.On this basis,a value-creation oriented carbon assets management system for oil companies is constructed,mainly covering aspects such as enterprise strategy,control mechanisms,carbon inventory,and management modes.

Management Practices:Shaping Employee Satisfaction and Commitment in Large German Companies

The rapid evolution of the political,economic,and social landscape has generated increased interest in understanding the contextual application of management styles and behaviours toward employees.In this context,organizations must comprehend and assess employee satisfaction to enhance productivity and realize their strategic and economic goals.Therefore,this study aims to investigate the prevailing and significant management behaviours toward employees in large German companies and their impact on employee satisfaction and job commitment.To achieve the research objective,the study will employ a qualitative method to explore management behaviours toward employees.Data were collected through interviews with randomly selected managers from different companies and departments.The study aims to uncover discrepancies or variations in employee expectations regarding management behaviour.The findings will provide a better understanding of the most prevalent and significant management behaviours toward employees in large German companies and their impact on employee satisfaction and job commitment.The results will be valuable to management in adopting suitable leadership styles and improving employee satisfaction,leading to increased productivity and organizational performance.The research will contribute to the existing body of knowledge in the field of management and human resource management by providing insights into the impact of management behaviours on employees.It will also offer recommendations to management on how to enhance employee satisfaction and job commitment,leading to improved organizational performance.In conclusion,this study will investigate the prevailing management behaviours toward employees in large German companies and their impact on employee satisfaction and job commitment.

7th CIIE likely to prove solid growth platform for many companies

The robust demand of the Chinese market and the improving business environment in the country make China a big growth opportunity for companies wishing to further expand their operations,said corporates that have registered to participate at this year's China International Import Expo.The 7th edition of the annual CIIE,to be held in Shanghai from Nov 5 to 10,started its 100-day countdown on Saturday.

Indian textile companies continue to succeed in Bangladesh

The central bank data shows Bangladesh's import of RMG raw materials such as raw cotton,yarn,fabric and dyeing materials was US$7.92 billion in the first half of FY'24.The BGMEA reports Bangladesh's apparel exports are 71 per cent cotton-based.The country,however,meets 99 per cent of its cotton demand through imports.After Brazil,India is the second la rgest cotton supplier to Bangladesh and holds a 12 per cent market share,according to United States Department of Agriculture (USDA).

New Economy Companies:Impact of COVID-19 on Valuation

The boom of innovative and new technology-oriented companies that provide products and services to customers in recent years has given rise to a new class of firms called New Economy Companies,or NECs.Accurate valuation of these companies throughout their life cycles can be challenging because most of them have massive amount of debt and have a long history of losses since inception,and their principal assets are mostly intangible with no clear values.Inadvertently,the COVID-19 pandemic has added even more obstacles for valuation providers to determine the value of this new type of companies.This paper examines the characteristics of NECs,valuation methods,and the impact of COVID-19 on the valuation of these companies.

Companies and Sustainable Development:The Adequacy of Environmental Impact Assessment for the Management of Environmental Risks

The choice of the environmental risk management instrument to be used within the scope of corporate governance in companies is of paramount importance to avoid or mitigate the triple environmental responsibility to which they are exposed.In this sense,the following research problem arises:The Environmental Impact Assessment(EIA),an instrument of the National Environment Policy and a model of environmental risk management adopted by some companies,proves to be efficient,effective and effective for the fulfillment of the duty to protect the environmental balance and,therefore,for sustainable development?The present study aims to elucidate this research problem.To this end,analyzes were carried out on risk and environmental damage,from a perspective of the socio-environmental function of companies today;the need for a new posture by companies in view of the reflexes of environmental risks in business activity;and the question of the adequacy or inadequacy of the EIA as an instrument of the National Environment Policy and as a model for managing environmental risks and damages,in the pursuit of sustainable development.The method of approach used was the deductive one,and the research was carried out using the method of bibliographic procedure,through which research was carried out on books,scientific articles and legislation.The result points out the inefficiency and ineffectiveness of the EIA for the management of environmental risks and,thus,for the fulfillment of the duty to protect the environmental balance by companies.

Analysis and forecasts of investment scale and structure in upstream sector for oil companies based on system dynamics

Oil and gas exploration and production is the most important and key segment in the whole business chain of the petroleum industry.Therefore,oil companies always put much emphasis on making scientific and reasonable decisions about investment scale and structure in the upstream sector,so that they can minimise business risks and obtain high returns.According to the system dynamics theories and methods and based on the actual results from an oil company＇s practice in China,a system dynamics model is built in this paper for analyzing and forecasting the upstream investment scale and structure for an oil company.This model was used to analyze the investment effect of a large oil company in China, and the results showed that the total upstream investment scale will decline slowly in a short period and the investment proportion of different parts should be adjusted if some influencing factors are taken into account.This application practice was compared with the actual data and indicated that the system dynamics（SD） model presented in this paper is a useful tool for analyzing and forecasting of upstream investment scale and structure of oil companies in their investment decisions.

Correlation of oil eld service companies’R&D investment on the basis of competitive speculation

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.

Executive Compensation and Corporate Financial Performance： Empirical Evidences on Brazilian Industrial Companies

This survey investigated the relationship between executive compensation and the financial performance of companies. It is hypothesized that a company can utilize its pay system to direct executives＇ efforts toward its strategic business objectives, thus contributing to higher levels of corporate financial performance. The survey data consisted of a secondary and non-probabilistic sample of 44 Brazilian industrial companies. In order to operationalize the independent remuneration variable, the authors used average monthly salary, average variable salary, and three indices that were created for this survey： benefits, career, and development. These indices measure the access to benefits, mechanisms for stimulating and supporting careers, and mechanisms to encourage education and professional development that companies offer to their directors, vice presidents, and chief executive officers （CEOs）, who are referred to in this paper by the term ＂executive＂. The remuneration data are from fiscal year 2006. In order to operationalize the financial performance variable, two accounting indicators were used： sales growth and return on equity （ROE） for fiscal years 2006 and 2007. The size of the companies was used as a control variable. The results of a multiple regression analysis do not support the hypothesis that there is a positive and significant relationship between executive compensation and corporate financial performance.

Operation Efficiency and Influencing Factors of Listed Companies of Swine Industry:Empirical Analysis Based on Data of 16 Listed Companies in 2010-2014

Listed companies of the swine industry,as an important form of agricultural industrialized operation,are typical representatives of large-scale production and the level of their operation efficiency exerts a direct influence on the healthy development of the swine industry.Using the DEA-based Malmquist method,this paper made a static and dynamic evaluation of the operation efficiency of 16 listed companies in China's swine industry in 2010-2014. It obtained following results:( i) The overall efficiency of listed companies of China's swine industry remained at high level and the development trend was excellent.( ii) Different types of enterprises had difference in the overall efficiency,pure technical efficiency and scale efficiency. In general,pig feed processing companies had the best performance,followed by slaughtering and deep processing companies,and swine breeding companies were the worst.( iii) The total factor productivity characterized by the Malmquist index declined year by year in 2010-2013 and was improved in 2014,mainly due to technological progress.( iv) The total asset turnover ratio,equity concentration,and R & D management level had a significantly positive impact on the operation efficiency of listed companies in the swine industry,while the human capital had a significantly negative impact.

Fuzzy Comprehensive Assessment of Transnational Operation Environment for Chinese Oil Companies

A comprehensive method was developed to assess the transnational operation environment in host countries for Chinese oil companies. This method includes an assessment criterion system of the environment, which is to be scored by the experts. Analytical Hierarchy Process （AHP） and fuzzy mathematical methods were used to make evaluation and get the assessment result and ranking of three host countries.

Component-Based Software Developing Method for Group Companies Management Information System

Considering the special requirements of group enterprise information management software, a new method of massive software development was put forward basing on the component technology and facing the ＂assemblage＂. It generalizes five key parts of the method system including the overall strategy, the application project method basing on the operation ＂assemblage＂, the field project method basing on component, the development method facing the component on the basis of the visible component platform, and the software development process model basing on the component ＂assemblage＂. Besides, this paper describes the process and principle of this method application with an example of the construction of a Communications Investment Group enterprise＇s management information system. The method provides a new idea for breaking away from the predicament appeared in the construction of present enterprise informatization and exploring the way of software industrialization.

Is China's agricultural enterprise growing steadily?Evidence from listed agricultural companies

Agricultural enterprises are integral for agricultural modernization,serving as a bridge between scattered small-scale farmers and modern markets.However,agricultural competitiveness is still weak in China.This paper uses the Technique for Order of Preference by Similarity to Ideal Solution(TOPSIS)method to measure the growth performance of China's listed agricultural companies and analyze its influencing factors based on Panel-Corrected Standard Errors(PCSE)to verify whether they are capable of achieving sustainable development.The findings confirm that first,listed Chinese agricultural companies have significantly increased profitability and scale in recent years but are still weak compared to other industries.The growth performance of such enterprises is generally stable,the difference between them is decreasing,and their growth ranking fluctuates greatly,with significant regional and industrial characteristics.Second,technological efficiency,scale,and age are positively related to the growth of listed agricultural companies.The diversification and expansion of business harm the profitability and development of enterprises.Currently,financial support can satisfy the short-term profit-seeking demands of enterprises but is inadequate to improve the ability of enterprises to grow.Third,China's listed agricultural companies need to devise policies through a forward-looking perspective and use them more effectively.Additionally,the transformation opportunities introduced by non agricultural capital into agriculture deserve attention.When agricultural enterprises realize technological progress via modern capital,they understand the importance of utilizing and integrating technological innovation and increase the efficiency of transforming new technology into productivity.Policy orientation should be attentive to the public welfare of these listed companies and take into account the demands of corporate profits to realize the long-term sustainable development of enterprises and regions.

Investment Risks of Agricultural Listed Companies from Visual Angle of Natural Disasters

The essential feature of agriculture is the interweave- ment of natural reproduction and economic reproduction.In recent years,the natural disasters have become more frequent and badly affect the production management and investment benefits.This problem has been an important risk in managing agricultural listed companies and cannot be ignored.It is of great importance to evaluate and prevent the risks of the natural disasters to enhance the competitive ability and increase the profits of those listed companies,thereby keeping the sustainable development of agri- cultural companies.

Corporate governance in generating companies of the Russian electric power industry in the context of ESG agenda

To address the issues of investment appeal in the Russian electric power industry,this study analyzes the dynamics of corporate governance,including permanent redistribution of property and compliance with the Russian Corporate Governance Code,in wholesale and territorial-generating companies.The increasing concentration of property in the hands of the state and its implications for investors are also noted.This study reveals the violations of essential principles,and the substantial differences in corporate governance practices,in the best-and worst-performing companies.Additional standards for better corporate governance practices to benefit the investors in the context of the current Environmental,Social,and corporate Governance(ESG)agenda are proposed.This study provides a new insight at the development of corporate governance in Russian power generating companies through property redistribution and compliance with corporate governance principles.