As an important carrier of China's new urbanization,characteristic town can inject new vitality into local development,thus it is of great significance to urban-rural integration and rural revitalization.From the ...As an important carrier of China's new urbanization,characteristic town can inject new vitality into local development,thus it is of great significance to urban-rural integration and rural revitalization.From the perspective of endogenous governance,it is able to fully understand the governance connotations of characteristic towns in the governance framework of image,instrument and action.Interest integration and sustainable development are the essential attributes that endogenous governance endows characteristic towns with vitality.The construction of characteristic towns follows a certain development logic.Roughly,it undergoes the development and transformation process of policy guidance,multiple governance,and endogenous governance.On the basis of this development logic,it is feasible to come up with a realization path for endogenous governance in characteristic towns in terms of functional elements,internal motivation and content innovation.展开更多
The article combines the background of Chinese system, theoretically derivates the relationship between corporate governance and their financial value, selects a sample of loss listed companies from 2003 to 2009, and ...The article combines the background of Chinese system, theoretically derivates the relationship between corporate governance and their financial value, selects a sample of loss listed companies from 2003 to 2009, and studies how the level of corporate governance affects the value of listed company losses. Research results show that, among corporate governance factors, the largest shareholder and the market for corporate control have obvious positive effects on the financial value of loss listed companies; the proportion of state-owned shares, the type of audit opinion, and corporate govemance factors have obvious negative effects on the financial value of loss listed companies; and managerial ownership, the proportion of independent directors, and the size of the board have no obvious driving effect on the financial value of loss listed companies.展开更多
基金Fundamental Research Funds for the Central Universities:Policy-driven Mechanism and Path Research on High-quality Development of National High-Tech Industrial Development Zone(SWU2109517).
文摘As an important carrier of China's new urbanization,characteristic town can inject new vitality into local development,thus it is of great significance to urban-rural integration and rural revitalization.From the perspective of endogenous governance,it is able to fully understand the governance connotations of characteristic towns in the governance framework of image,instrument and action.Interest integration and sustainable development are the essential attributes that endogenous governance endows characteristic towns with vitality.The construction of characteristic towns follows a certain development logic.Roughly,it undergoes the development and transformation process of policy guidance,multiple governance,and endogenous governance.On the basis of this development logic,it is feasible to come up with a realization path for endogenous governance in characteristic towns in terms of functional elements,internal motivation and content innovation.
文摘The article combines the background of Chinese system, theoretically derivates the relationship between corporate governance and their financial value, selects a sample of loss listed companies from 2003 to 2009, and studies how the level of corporate governance affects the value of listed company losses. Research results show that, among corporate governance factors, the largest shareholder and the market for corporate control have obvious positive effects on the financial value of loss listed companies; the proportion of state-owned shares, the type of audit opinion, and corporate govemance factors have obvious negative effects on the financial value of loss listed companies; and managerial ownership, the proportion of independent directors, and the size of the board have no obvious driving effect on the financial value of loss listed companies.