Editor’s Note:In the recent two yearssince ZTE’s NGN prod-uct series were put intomarket,ZTE has maderemarkable achieve-ments in the industry. Al-though a leading vendorin China, ZTE has beencontinuously doing busi-...Editor’s Note:In the recent two yearssince ZTE’s NGN prod-uct series were put intomarket,ZTE has maderemarkable achieve-ments in the industry. Al-though a leading vendorin China, ZTE has beencontinuously doing busi- ness in a prudent and practical way,which has been recognized by govern-ment authorities, carriers and customers.In order to learn more about ZTE’s NGNdevelopment strategy,we interviewedChen Jie, ZTE’s vice president and gen-eral manager of Network Division, aboutZTE’s NGN development strategy, R&Dadvantages and progress.展开更多
A computer aided decision support system (merger and acquisition analyzing and evaluating-decision support system (MAAE-DSS)) for analyzing and evaluating corporate merger and acquisition (M&A) strategies, was pro...A computer aided decision support system (merger and acquisition analyzing and evaluating-decision support system (MAAE-DSS)) for analyzing and evaluating corporate merger and acquisition (M&A) strategies, was proposed. Strategic management tools such as scale index-market growth rate matrix (S-M matrix), industrial attraction-corporate strength matrix (I-S matrix), market growth rate-market occupancy matrix (G-O matrix), and life cycle-competitive position matrix (L-C matrix), were applied in the MAAE-DSS with its own data base (DB), model base (MB), method base (MeB), and knowledge base (KB), in order to support the management bureau in the formulation of M&A strategies.展开更多
Using a sample of Chinese A-share listed companies from 2007 to 2018,this article explores the influence of common owners on corporate social responsibility(CSR).The results show that common owners significantly promo...Using a sample of Chinese A-share listed companies from 2007 to 2018,this article explores the influence of common owners on corporate social responsibility(CSR).The results show that common owners significantly promote CSR investment,indicating that increased CSR represents a bright side to common owners,in contrast to their anticompetitive effect.Further analysis shows that the nature of state ownership significantly weakens the positive relationship between common owners and CSR investment.Prospector firms strengthen the positive influence of common owners on CSR investment,whereas defender firms weaken the effect.Moreover,common owners benefit from increasing CSR investment,and co-owned firms benefit by easing their financial constraints when they invest or increase their investment in social responsibility.The findings enhance the outstanding of how common owners affect corporate behavior and enrich the literature on common ownership and CSR investment.展开更多
A great deal of has been written about the challenges of a legal profession that resists change and sub-optimizes clients’benefits,and even more ink has been spilled on the opportunities and threats of AI.As laws are...A great deal of has been written about the challenges of a legal profession that resists change and sub-optimizes clients’benefits,and even more ink has been spilled on the opportunities and threats of AI.As laws are falling further behind an accelerating,dynamic world,the gap between businesses and opaque legal functions widens with the latter being perceived often as fire-fighting cost centers.This article calls out the opportunity of AI,specifically machine learning,and its impact on decision making as an opportunity for business leaders to elevate lawyers to contribute further to corporate strategies and operations.Surveying the implications of machine learning through the lens of each element of decision making,the article aims to bring the relevance of today’s ubiquitous transformations to the legal function.It also reminds business leaders that the legal function will need some help,such as corporate legal strategists,to drive and sustain change that resides in the intersection of law,business and technology.展开更多
文摘Editor’s Note:In the recent two yearssince ZTE’s NGN prod-uct series were put intomarket,ZTE has maderemarkable achieve-ments in the industry. Al-though a leading vendorin China, ZTE has beencontinuously doing busi- ness in a prudent and practical way,which has been recognized by govern-ment authorities, carriers and customers.In order to learn more about ZTE’s NGNdevelopment strategy,we interviewedChen Jie, ZTE’s vice president and gen-eral manager of Network Division, aboutZTE’s NGN development strategy, R&Dadvantages and progress.
文摘A computer aided decision support system (merger and acquisition analyzing and evaluating-decision support system (MAAE-DSS)) for analyzing and evaluating corporate merger and acquisition (M&A) strategies, was proposed. Strategic management tools such as scale index-market growth rate matrix (S-M matrix), industrial attraction-corporate strength matrix (I-S matrix), market growth rate-market occupancy matrix (G-O matrix), and life cycle-competitive position matrix (L-C matrix), were applied in the MAAE-DSS with its own data base (DB), model base (MB), method base (MeB), and knowledge base (KB), in order to support the management bureau in the formulation of M&A strategies.
文摘Using a sample of Chinese A-share listed companies from 2007 to 2018,this article explores the influence of common owners on corporate social responsibility(CSR).The results show that common owners significantly promote CSR investment,indicating that increased CSR represents a bright side to common owners,in contrast to their anticompetitive effect.Further analysis shows that the nature of state ownership significantly weakens the positive relationship between common owners and CSR investment.Prospector firms strengthen the positive influence of common owners on CSR investment,whereas defender firms weaken the effect.Moreover,common owners benefit from increasing CSR investment,and co-owned firms benefit by easing their financial constraints when they invest or increase their investment in social responsibility.The findings enhance the outstanding of how common owners affect corporate behavior and enrich the literature on common ownership and CSR investment.
文摘A great deal of has been written about the challenges of a legal profession that resists change and sub-optimizes clients’benefits,and even more ink has been spilled on the opportunities and threats of AI.As laws are falling further behind an accelerating,dynamic world,the gap between businesses and opaque legal functions widens with the latter being perceived often as fire-fighting cost centers.This article calls out the opportunity of AI,specifically machine learning,and its impact on decision making as an opportunity for business leaders to elevate lawyers to contribute further to corporate strategies and operations.Surveying the implications of machine learning through the lens of each element of decision making,the article aims to bring the relevance of today’s ubiquitous transformations to the legal function.It also reminds business leaders that the legal function will need some help,such as corporate legal strategists,to drive and sustain change that resides in the intersection of law,business and technology.