The concept of corporate social responsibility was origined in the United States in the early 1990 s. This theory is put forward,and quickly caused the widespread attention of various disciplines. With the transition ...The concept of corporate social responsibility was origined in the United States in the early 1990 s. This theory is put forward,and quickly caused the widespread attention of various disciplines. With the transition of the planned economy to marketeconomy in our country, most of the enterprises in China will still refuse to take care of the social responsibility and a series ofproblems become the biggest contradiction in China＇s economic development and social development. So it is necessary forChina to slove these problems.展开更多
Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the... Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.……展开更多
Based on the Richard Model in 2006,the author classify the Chinese Central Government-Owned Companies(CGOCs),which show the typical characteristics of State-Owned Enterprises(SOEs),by their state of investing into the...Based on the Richard Model in 2006,the author classify the Chinese Central Government-Owned Companies(CGOCs),which show the typical characteristics of State-Owned Enterprises(SOEs),by their state of investing into the sample of Over-Investment(OI)or Under-Investment(UI),then empirically testify how the assessment based on Economic Value-added(EVA)by Chinese State-owned Assets Supervision and Administration Commission(SASAC),and the Discipline Constraints(DCs)of the Communist Party of China(CPC)affect the state of Inefficient Investment(II).The author’s empirical results include those as following:(1)The EVA assessment has significant effect of restraining CGOCs’OI,but the effect is not significant for UI;(2)The DCs show no significant effect of suppressing OI,but significant effect of worsening UI;(3)As far as the moderating effect is concerned,DCs only in a small degree strengthen the function of EVA assessment for suppressing CGOCs’OI,but significantly weaken its function of relieving CGOCs’UI.Based on these empirical proofs,the author proposes that the emphasis of the EVA assessment and DCs should be synergistically shifted to CGOCs’UI,which has important institutional meanings especially under the background of macro-economic going down for a long time.展开更多
The paper analyzed the development and features of China's oil companies' overseas business in 2016.Despite the plummeting crude price and a weak global economy,these companies managed to do well in foreign co...The paper analyzed the development and features of China's oil companies' overseas business in 2016.Despite the plummeting crude price and a weak global economy,these companies managed to do well in foreign countries.They steadily increased their shares of oil and gas in overseas oil and gas projects with their distinctive and unique ways:the three state-owned oil companies had focused on the countries involved in the One-BeltOne-Road Initiative,and others had been stressed more on international cooperation in a broader sense and areas.The small-and middle-scale companies had been matured and grew during the process.The central and local governments also played indispensable roles by providing need support for the cooperations.展开更多
文摘The concept of corporate social responsibility was origined in the United States in the early 1990 s. This theory is put forward,and quickly caused the widespread attention of various disciplines. With the transition of the planned economy to marketeconomy in our country, most of the enterprises in China will still refuse to take care of the social responsibility and a series ofproblems become the biggest contradiction in China＇s economic development and social development. So it is necessary forChina to slove these problems.
文摘 Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.……
文摘Based on the Richard Model in 2006,the author classify the Chinese Central Government-Owned Companies(CGOCs),which show the typical characteristics of State-Owned Enterprises(SOEs),by their state of investing into the sample of Over-Investment(OI)or Under-Investment(UI),then empirically testify how the assessment based on Economic Value-added(EVA)by Chinese State-owned Assets Supervision and Administration Commission(SASAC),and the Discipline Constraints(DCs)of the Communist Party of China(CPC)affect the state of Inefficient Investment(II).The author’s empirical results include those as following:(1)The EVA assessment has significant effect of restraining CGOCs’OI,but the effect is not significant for UI;(2)The DCs show no significant effect of suppressing OI,but significant effect of worsening UI;(3)As far as the moderating effect is concerned,DCs only in a small degree strengthen the function of EVA assessment for suppressing CGOCs’OI,but significantly weaken its function of relieving CGOCs’UI.Based on these empirical proofs,the author proposes that the emphasis of the EVA assessment and DCs should be synergistically shifted to CGOCs’UI,which has important institutional meanings especially under the background of macro-economic going down for a long time.
文摘The paper analyzed the development and features of China's oil companies' overseas business in 2016.Despite the plummeting crude price and a weak global economy,these companies managed to do well in foreign countries.They steadily increased their shares of oil and gas in overseas oil and gas projects with their distinctive and unique ways:the three state-owned oil companies had focused on the countries involved in the One-BeltOne-Road Initiative,and others had been stressed more on international cooperation in a broader sense and areas.The small-and middle-scale companies had been matured and grew during the process.The central and local governments also played indispensable roles by providing need support for the cooperations.
