Market value management＇s effects on listed companies

The reformation of equity-split on April 29th, 2005, has promoted market value management and created the necessary conditions for market value management. With the purpose of stabilizing and enhancing corporate market value and realizing stockholders＇ wealth maximization, the market value management becomes especially important for all listed companies. This paper begins with the general introduction of market value management including its definition, contents and performance evaluation systems, appraises the best 10 market value management listed companies during 2007-2008. Then analyzes the benefits of the market value management on the Guizhou Maotai which has gained great achievements on market value management, and finally draw conclusions about market value management＇s general effects on listed companies.

Effect Study of Management Buyouts of Chinese Listed Companies ——On the Basis of the Company Financial Indexes

This paper selects 11 Chinese listed companies as the sample and compares the effect of premanagement buyouts and post-management buyouts （hereafter MBO）. The authors evaluate the effects of MBO according to the change of earnings capacity, management ability, debt paying ability, development ability and capital structure. The result shows that the obvious change does not take place in earnings capacity of the company and management ability, but the development ability of the company improves notably, and most of companies have taken advantage of financial leverage withir two years of post-MBO.

The Research about Earnings Management Incentives of Listed Companies in China

This paper overviews earnings management incentive of listed companies and finds the incentives of cost in transactions with stockholders, a comparative performance advantage and a rational response to that market behavior which is anticipated. This paper tells us that even if there were no agency problems, earnings management should exist all the time.

Research on Listed Company Financial Management Mode Innovation Trend under the Registration System Background

In this paper, we conduct theoretical research on the listed company financial management mode innovation trend under the registration system background. Cycles of the core macroeconomic environment is each enterprise that must face the reality of the problem, for the listed companies, the macroeconomic environment is set up financial strategy need to consider problems listed companies must be good at making scientific financial strategy to avoid and reduce the negative influence of the macro-economic changes. Under the condition of the socialist market economy, as the listed company financial management is to maximize the value of the company ultimate goal. Our research combines the registration system background to propose the novel perspective that is meaningful.

Research on the financial risk management system of listed corporations in China

In recent years, the number of the listing corporations in China is increasing, and the promotion of the national economic development is also more obvious. But in the process, because of the short time onto the market and the lack of the expvrience, some of the listed companies also cannot be compared with the enterprises in the western developed countries in a large extent. Especially in the aspect of the financial management, there are many defects. For example, the control efforts of the financial risks arc inadequate, and the awareness of the management personnel and the employees on the risks is weak, and so on In this case, the listed corporations must strengthen the management of the company＇s financial risks, develop the more comprehensive financial risk managernent system, and thus ensurc that the companies can have the healthy, stable and sustainable development.

Effective Budgetary Control System:A Regression Model for Indian Listed Companies

Budgetary control system is a sin quo non for every business irrespective of whether it is small,medium or large.It is used for forecasting,fixing the responsibility of the departments,and the effective utilization of resources.It in turn leads to increase in the productivity,profitability and return on investment.Budgetary control system helps the senior managers to ensure that spending limits are adequate.Budgetary control system becomes one of the most vital and critical area of business management.Presently,much attention has been given to improving of budgetary control and planning and their interrelationship in developing countries including India.Two-way analysis is made in this paper:One is developing predictor model for an effective budgetary control system for listed companies in India and the other is the analysis on the quality reporting system for financial statements especially budgetary control system.The method of research is empirical which tests the feasibility of solution using empirical evidences based on the statistical applications.The result of the current study shows that effective budgetary control factors are prominent in determining the budgetary control system in Indian listed companies and have significant correlation between dependent and independent variables.The study suggested initiating steps for using budget as a tool for optimum use of available resources,for avoiding conflicts among departments while allocation of resources and for increasing the inspirational quality of the budget for budgetary control.

国家技术安全清单:概念界定、法律性质与规范路径

“十四五”规划纲要指出应健全国家技术安全清单管理制度,对关系到国计民生和国家安全的重要技术实施清单化、系统化管理,加强技术对外转移的审查审批。作为国家技术安全规制的重要依据,国家技术安全清单是指政府为防范技术外流风险而以列举方式说明可能影响国家安全的关键敏感技术的制度,属于政府在法律授权下创设的旨在维护技术领域国家安全的权威型政策工具。在法律性质上,形式的规范性、内容的解释性和功能的双元性,决定了国家技术安全清单是一种兼具“规制”与“自制”功能的解释性行政规则。它在整个国家技术安全规制体系中发挥着承上启下的嵌合作用,既传递和体现顶层法律规范系统的要求,又支撑和规范底层监管执法系统的运转。然而,国家技术安全清单在实践过程中暴露出规范内容错漏、决策程序瑕疵、司法审查无力等问题,这些问题削弱了清单与依清单行政的合法性与最佳性,阻碍了制度功能的充分发挥。为在法治的轨道上统筹发展和安全,国家技术安全清单应对标法治政府建设要求整饬重塑,推进管制事项与管制规则的一体化说明、大众知识与专家知识的嵌入平衡以及清单可诉性和可证立性条件的补强优化。

企业数字化转型对组织韧性的影响研究——来自中国上市公司的经验数据

以2000~2023年沪深A股上市公司数据为研究对象,基于动态能力理论、资源基础理论和利益相关者理论,本文构建了企业数字化转型通过企业利润和企业规模影响组织韧性的双中介模型。研究发现:企业数字化转型显著提升了组织韧性,且该结论通过了多重稳健性检验;企业利润与企业规模通过部分中介效应赋能组织韧性的提升;企业数字化转型对组织韧性的影响程度在不同的企业性质、地理位置和企业年龄间呈现出显著差异。实证结论进一步诠释了企业数字化转型对组织韧性的作用路径,丰富了数字化转型的相关理论,同时也为企业在数字化转型过程中优化运营管理和决策制定提供有益参考。

Research on Higher Education Collaborative Management Platform Based on Relationship Graph

According to the current problems of higher education management informatization,this paper puts forward a development scheme of collaborative platform on education management.The main technology includes three parts.First,integrate the distributed database and use two-tier linked list to realize dynamic data access.Second,the relation graph is used to display the data of each student,so as to realize the visual sharing of data.Third,realize the collaborative information security mechanism from three aspects to ensure the legal sharing of data.Finally,the platform development is completed with Java.It can help to improve the effectiveness of educating students.

Cost Management Strategy of Highway Engineering Construction Stage Using the List Pricing Model

Highway engineering requires higher investment and requires a long time of management compared to other construction projects.There are many factors that affect the project cost during the engineering construction stage of a highway.The effective development of cost management in the construction phase of highway engineering under the list pricing model can avoid unnecessary waste and help control the cost of highway engineering.However,there are still some problems in the development of cost management in the construction phase of highway engineering,which will affect the role of the list-based pricing mode in cost management.This paper explores and analyzes the advantages of the list pricing model and the problems existing in the cost management of the highway engineering construction stage under the list pricing model,and proposes effective management strategies to improve cost management of the highway engineering construction stage.

探索3E方法在教学实验室负面清单管理制度中的应用

高校化学教学实验室内存在很多危险因素,管理方法和技术手段采用不当会引起师生受伤,进而影响实验教学的正常进行。负面清单管理制度可简明扼要地将各种实验教学和实验室管理过程中发现的问题进行归纳总结,做好负面清单的整理和持续改进是强化高校化学实验教学实验室安全管理的有效方法之一。本文在总结现阶段高校化学实验教学实验室的各种影响因素的基础上,形成有针对性的负面清单,开展有针对性的实验室安全教育和培训E(education)、采取有效的实验室工程技术安全措施E(engineering)、强化实验室安全强制措施E(enforcement),形成了3E方法与负面清单管理制度相结合的化学教学实验室安全模式。该制度的可持续发展模式在化学教学实验室管理中收获良好效果,为高校化学教学实验室安全管理提供参考。

大数据驱动的税收征管与非上市公司高质量发展——基于创新行为的研究视角

作为我国经济发展的重要力量,非上市公司创新行为是社会技术进步不可或缺的推动力。利用独特的全国税收调查数据,以金税三期工程在我国各省市的逐步试点作为政策冲击,探讨大数据驱动的税收征管是否以及如何影响非上市公司的创新行为。实证研究发现,在金税三期工程试点实施后,非上市公司加大了创新投入。机制检验发现,这种影响主要是通过大数据税收征管的公司治理效应和信息质量效应获得实现。异质性检验发现,大数据税收征管对非上市公司创新投入的影响与金税三期工程实施的客观条件和主观能动性,以及企业融资约束程度密切相关。进一步分析发现,在金税三期工程试点实施后,非上市公司的创新产出有了明显提升。

长江流域重要饮用水水源地保护长效机制

指导重要饮用水水源地保护是《中华人民共和国水法》《中华人民共和国长江保护法》和“三定”规定赋予水行政主管部门的法定职责,也是维系流域供水安全保障的底线。通过对长江流域重要饮用水水源地保护管理现状的回顾分析,针对保护管理中存在的水源地名录准入退出机制不健全、安全评估制度不完善、资金投入保障机制不足等问题,提出了完善水源地安全保障规划体系、规范水源地名录管理机制、强化水源地安全评估和保护、严格水源地保护考核等长效机制构建思路和后续工作建议。研究成果对于落实《中华人民共和国水法》《中华人民共和国长江保护法》饮用水水源地保护要求、贯彻长江经济带绿色发展和长江大保护建设的要求、推动长江流域重要饮用水水源地保护长效机制建设具有重要意义。

口腔修复门诊实施院内感染清单式管理的效果分析

目的分析口腔修复门诊实施院内感染清单式管理的效果。方法针对院内感染监测发现的问题,于2021年8月—2022年12月在医院口腔修复门诊实施包括诊室空气质量、医疗器械、口腔印模、医护人员手卫生的清单式管理。经过3次诊室空气培养,器械表面、印模表面及医护人员手部采样和细菌学检测,详细记录监测结果,对比实施前后口腔修复门诊院内感染控制质量监测数据的差异,分析实施效果。结果清单式管理实施后,口腔科门诊空气菌落计数较清单式管理实施前下降(P<0.01);医护人员手部、口腔印模表面、医疗器械表面菌落计数较清单式管理实施前下降(P<0.01);口腔科门诊空气、医护人员手部、托盘消毒储存监测合格率较清单式管理实施前提升(P<0.01);患者院内感染发生率较实施前下降(P<0.01)。结论口腔修复门诊实施院内感染清单式管理可有效减少诊室空气粉尘、器械表面、印模表面、医护人员手部的细菌学检出率,降低院内感染风险。

我国外来入侵物种名录分析及制修订探讨

制定外来入侵物种名录是进行外来入侵物种管理的重要手段之一。当前我国已经制定并发布了多个与外来入侵物种相关的名单/名录,包括《中国外来入侵物种名单》《我国主要外来林业有害生物名单》《国家重点管理外来入侵物种名录》(第一批)和《重点管理外来入侵物种名录》等。在《中华人民共和国生物安全法》和《外来入侵物种管理办法》相继施行的管理框架下,有必要开展我国已有外来入侵物种名录的梳理与分析,并与相关名录如检疫性有害生物名录进行比较。在此基础上,本文还就未来外来入侵物种名录的制修订方法进行了讨论,针对名录的管理和应用提出了具体建议。

事项清单联合SOAP交班模式在全科医学科的应用

目的探讨事项清单联合SOAP交班模式在全科医学科床边交班中的应用效果。方法构建事项清单联合主观-客观-评价-计划(SOAP)结构化交班模式,用于全科医学科患者床边交接班;比较交班模式改进前(587例次的传统口头交班)、后(605例次的事项清单联合SOAP交班)的床边交班效果、交班缺陷情况。结果交班模式改进后护士床边交接班效果显著优于改进前、交班缺陷率显著降低(均P<0.05)。结论采用事项清单联合SOAP交班模式行患者床边交班,可提高床边交班质量,有利于保障患者护理安全。

基于清单制管理的尾矿库信息化系统研究及应用

针对尾矿库安全风险突出问题,通过引入清单制管理理念,并融入“北斗+”监测后台数据,设计了基于清单制的尾矿库信息化系统。系统设计围绕清单制管理信息化展开,通过现场调研与需求分析,梳理出符合企业实际的安全生产管理责任清单,并建立完整的清单管理体系。该系统在试点企业成功应用,实现了关键岗位人员职责明确、风险点及时反馈处理与闭环管理。系统能够主动推送工作任务至具体责任人,实现扫码巡查、履职与获取动态监测数据等功能,有效提高了工作效率,减少了工作人员的工作量,进一步提升了尾矿库的安全管理水平。

对《重点管理外来入侵物种名录》中植物物种的解析与思考

《重点管理外来入侵物种名录》(简称《重点名录2023》)于2023年1月1日起正式施行,该名录对我国外来入侵物种防控管理具有重要的指导作用。本文梳理了我国外来入侵物种名录修订背景及概况,比较了《重点名录2023》和其他名录中外来入侵植物物种的差异,并分析了《重点名录2023》中33种外来入侵植物的危害性和扩散程度。《重点名录2023》与4批“中国外来入侵物种名单”和《国家重点管理外来入侵物种名录(第一批)》中的植物物种重合度较高。33种外来入侵植物对我国生态、农业、林业、人畜健康均有严重危害,且扩散范围广,但仍有值得商榷的问题。本文详述了《重点名录2023》在分类争议和前期评估上存在的问题和缺口,并对我国外来入侵植物物种名录的动态调整和分类管理提出了思考和建议。

数据资产市场定价机制的局限性及其法治构想

数据资产定价机制及其法治化是构建数字经济的基础性制度。数据资产市场化定价是主流的学术观点,也是数据资产交易实践的通行做法,但这既不符合《中华人民共和国价格法》构建的定价机制,也不利于实现对数据资产交易的监管。造成这种局限性的原因,是数据资产市场定价与数据资产的权利属性定位具有冲突,对数据资产的特殊性认识不足,不具备生产要素定价的法治化基础。我国应当构建“以市场定价为主、政府干预定价为辅”的数据交易定价机制,并实现其法治化。有必要从数据资产定价市场化与法治化的关系、政府干预数据资产定价的逻辑基础以及数据资产定价目录清单管理制度三个层面,揭示数据资产定价机制的逻辑,以其逻辑为基础,提出数据资产定价的具体制度,以规范政府干预数据资产定价的方式。

碳市场启动对企业ESG表现的影响——基于上市公司的实证分析

碳市场作为一种市场减排工具,具有碳排放信息核查和披露的制度设计,会提升企业ESG表现。以试点碳市场为研究对象,选取我国2013—2022年的A股上市公司为样本,构建双向固定效应模型,探究碳市场启动与企业ESG表现的关系,并进行异质性分析。结果表明:碳市场启动能显著提升企业的ESG表现,在控制了企业个体因素的基础上,进一步发现碳市场启动对国有企业ESG表现的提升更为明显。同时,碳市场可以倒逼不具有非金融机构持股、董监高不具有金融背景的企业提升ESG表现。因此,在制度设计上,需要考虑碳市场与ESG政策设计的相容性,以促进企业参与碳市场和提升ESG表现的协同性,同时重视对非国有企业和无金融背景企业的ESG工作指导。