An Overview of Government-Market Relationships:Evolving Perceptions,Role of the Market,and Government Functions

Building a high-level socialist market economy is conducive to giving full play to the market’s decisive role in resource allocations and bringing the government into better play.Correctly handling the market and the government relationships has been a central issue in China’s economic structural reform.Giving a comprehensive review and summary of the research findings achieved by the theoretical and academic circles in China,we generalize the evolution and working mechanisms of China’s socialist market economy system,following the developing trajectory and logic of relevant literature,focusing on the three aspects of evolving perceptions,the role of the market,and the functions of the government.Based on our literature overview,we also induced and extracted the basic conclusions and evolutionary features of relevant research and made suggestions for the future direction of theoretical research regarding China’s socialist market economy.

Social interactions in periodic urban markets and their contributions to sustainable livelihoods:Evidence from Ghana

Periodic markets are an important aspect of local economies,providing a platform for farmers(producers),wholesalers,retailers,and consumers to interact face-to-face and exchange goods and services.These markets have been increasing in urban areas in Africa,Asia,and South America because of urbanization.The increase of periodic urban markets(PUMs)in urban areas is observed as an index of modernization,reflecting a response to transition process.However,there are limited studies on how social interactions in PUMs contribute to sustainable livelihoods.This study investigated the types of social interactions occurring in PUMs in Ghana,the benefits of social interactions for participants of PUMs,and how social interactions contribute to sustainable livelihoods.This research interviewed 162 participants,comprising 27 farmers(farmers were regarded as producers in this study),61 retailers,47 wholesalers from 9 selected PUMs across Ghana,and 27 officers from government institutions and non-governmental market associations to obtain their opinions.We analyzed the interview data using the NVivo software.The results showed that there are seven kinds of social interactions in PUMs,including(i)producer-wholesaler relationship,(ii)producer-consumer relationship,(iii)wholesaler-retailer relationship,(iv)retailer-consumer relationship,(v)trader-driver relationship,(vi)trader-institution relationship,and(vii)trader-international buyer relationship.We found that these social interactions in PUMs enhance sustainable livelihoods by supporting human,social,financial,natural,and physical assets of traders(traders refer to producers,wholesalers,and retailers in this study).Therefore,we concluded that the development of policies to improve PUMs could strengthen social interactions,enabling the achievement of sustainable livelihoods in developing countries.

China's National Characteristics,Government-Market Relationship and the Development of Its Financial System

This study seeks to determine an effective boundary between government and market in light of modern financial theories.According to the findings of this paper,the relationship between government and market must be conceived of as under the "continuous spectrum of change" resulting from economic development.In practice,an effective frontier between government and market not only transforms continuously with the process of economic development but also demonstrates significant contrasts internationally according to the different national characteristics existing in each country.Determining a frontier between government and market requires that the relationship between the two be embedded into a broader set of institutional environmental constraints that incorporate consideration of the dynamic processes and mechanisms of economic development.The key issue is that government and market act with regard to the principle of comparative advantage as they play their respective roles.

Significance of Live Streaming in Shaping Business: A Critical Review and Analytical Study

With the rise of live streaming on social media, platforms like Facebook, Instagram, and YouTube have become powerful business tools. They enable users to share live videos, fostering direct connections between businesses and their customers. This critical literature review paper explores the impact of live streaming on businesses, focusing on its role in attracting and satisfying consumers by promoting products tailored to their needs and wants. It emphasizes live streaming’s crucial role in engaging customers, a key to business growth. The study also provides viable strategies for businesses to leverage live streaming for growth and customer engagement, underscoring its importance in the business landscape.

Research on the Impact of Equity Pledge on Company Value

This article aims to provide a literature review on the impact of equity pledges on corporate value,and to explore in depth the application of equity pledges as a financial tool in corporate governance and capital operation,as well as its multidimensional impact on corporate value.By reviewing and analyzing relevant literature both domestically and internationally,this article first defines the basic concept of equity pledges and then elaborates on the impact mechanism of equity pledges on company value from both positive and negative perspectives.In terms of positive impact,this article explores how equity pledges can promote corporate financing,optimize capital structure,and enhance the control of major shareholders over the company.In terms of negative impacts,the possible control risk,market risk,and potential damage to the interests of small and medium-sized shareholders brought about by equity pledges were analyzed.Furthermore,this article also discusses the differences in the impact of equity pledges on company value in different scenarios and proposes corresponding policy recommendations and research prospects.

The Mediating Effect of Corporate Governance on the Relationship Between Accounting Information and Stock Market Return of Listed Entities in Ghana

The study examined the mediating effect of corporate governance on the relationship between accounting information and stock market returns of listed entities on the Ghana Stock Exchange.The population of the study was forty(40)listed entities from 2007-2019 with 520 firm-year observations.The study applied a panel regression model that takes unobserved individual heterogeneity and distributional heterogeneity into consideration.In addition,the study employed cross-section dependence test,Levin-Lin-Chu,ImPesaran,Pesaran,Kao,and Larsson cointegration test,fully modified ordinary least square(FMOLS),and dynamic ordinary least square(DOLS).The results of unit root test showed that all the variables are integrated at first difference.Moreover,the results of cointegration test revealed that accounting information variables were cointegrated in the long run.The result of FMOLS and DOLS further revealed that all the accounting information variables with the exception of OCFPS and NTA have a direct insignificant relationship with the stock market return.The study revealed that corporate governance which was proxied by board size also strengthens the relationship between TAT and stock market return and NTA and stock market return at 5%significant level under FMOLS and DOLS respectively.

The Government Regulation of Economy Transformations in Terms of the Multinational Entrepreneurship Development and Technological Progress

In this paper, the mechanisms and principles of economic regulation from the classical and modem approaches standpoints were analyzed, the typical for world economic theory trends of the government＇s economic role elaboration, of the government regulatory authority, reducing in favor of market self-organization was argued. The transnationalization as a factor of government regulation mechanisms modernization was estimated and the perspectives of government and MNC interactions development in the modem world were evaluated. The recommendations for improving the government economical regulation infrastructure and mechanisms due to the conditions of economy globalizing, transnational business developing, technologies progressing were presented

The path and countermeasures of increasing government’s governance capacities in energy-saving renovation of existing buildings

The dual functions of government participation and governance in the development of the existing building energy-saving renovation market determine the importance of the government’s scientific and effective actions.Continuously improving the government’s role is to promote the effective operation of the existing building energy-saving renovation market.Based on the inherent requirements of improving the government governance capacity in the development of the existing building energy-saving renovation market,this paper constructs the implementation path for the development of the existing building’s energy-saving renovation market from the three dimensions of practical concept,practical process and practical methods.From the four aspects of improving the legal and regulatory system,building a market information sharing platform,establishing a sound market supervision mechanism,and consolidating and improving the market accountability system,we will structure the existing building energysaving renovation market development to improve the government’s ability to restrain and implement measures.From the four levels of improving the market incentive mechanism,optimizing the market financing environment,clarifying the position of market resource allocation,and building a social operation platform,design measures to improve government incentives in the development of the existing building energy conservation renovation market.From the shaping of governance yuan organizational roles,governance capacity and responsibilities of departments at all levels to define boundaries,to build four main interactive platform governance perspective,the main parties demand balance the interests of both the governance capacity development planning in the government market,building energy-saving market to enhance the implementation of countermeasures.In order to promote the healthy and sustainable development of the existing building energy-saving renovation market based on the enhancement of government governance capacity.

Market regulation and government intervention of vocational education＇s development

Government intervention and market regulation are two important ways in the process of economic operations, effective govemment intervention and market regulation can promote development of economic. This article briefly summarizes economists defined the government intervention and market regulation in the history of economic. Since the founding of New China, it elaborated to defining process of government intervention and market regulation in the development China＇ s economic. Under the new situation, it proposed government intervention should combine market regulation to achieve sound and fast development of economic. Market regulation in the development of vocational education for the economic development is the goal of training practical talents of vocational education. This objective requires that vocational education must work closely with the needs of economics＇ development and service for the economics＇ development. Under the system of planned economy, contraction between supply of talent and needs of economic is planning to achieve indirectly through a unified government.

The Dissemination and Contemporary Construction of Folklore in the Context of Multiple Interactions-Take the Liangshan Water Margin as an Example

Folklore is an important carrier to show local culture and express people’s emotions in the way of oral transmission.Tradition holds that folklore loses its vitality without oral narration.However,it is difficult to find the traditional context of telling and disseminating folklore only by word of mouth.More often,under the impetus of multiple contexts and different forces,folklore in multiple media is widely spread through mutual reference and integration.The current situation of the water Margin theory circulating in Liangshan area is enough to illustrate this point.Water Margin has a very long history of inheritance,from government officials to ordinary people,under the influence of different media,dissemination and inheritance,become a rich local cultural capital.In the current social development context,the spread of the outlaws of the Marsh is no longer a simple word of mouth.The emergence of high-tech means such as Television and the Internet,as well as the promotion of cultural tourism,has reconstructed the legend of the contemporary water Margin figures.In the process of the reconstruction of the local legend of the water margin in Liangshan,the joint efforts of national forces and market factors have promoted the blending and exchange of three different levels of literature,such as elite literature dominated by the legend of the water margin,popular literature represented by folk quyi and folk literature spread orally by the general public,forming a communication situation of mutual learning,mutual tolerance and interaction between elegance and customs.

The Interactions between Brand Equity and Marketing Mix

A framework on the interaction system of brand equity and marketing mix, which is characterized by brand equity as an indirect channel in realizing marketing sales, is established. Hypotheses with respect to marketing mix's effects on brand equity are proposed. An empirical study is carried out in three categories of razor, soap and orange juice in Australia market, to illustrate brand equity measurement and test the proposed hypotheses.

Governing the gold rush into emerging markets: a case study of Indonesia’s regulatory responses to the expansion of Chinese-backed online P2P lending

Peer-to-peer(P2P)lending has the potential to boost financial inclusion in emerging markets.This paper contributes to the literature on fintech governance in emerging Asian markets.It examines the case of the Indonesian government’s approach in regulating the P2P lending sector using both primary interviews and secondary firmlevel data.Driven by regulation tightening in China and regulatory gaps in Indonesia,Chinese investments became the largest in this sector contributing,however,to growing risks from illegal business practices.The Indonesian government responded by creating new regulations and institutions,mitigating risks without stifling the potential for financial inclusion.We conclude a proactive approach towards monitoring and regulating emerging high-tech industries should be sought by strengthening links with industry and civil society,and through international cooperation for policy and knowledge sharing.

Research on the Effects of the Most Used Market Power Mitigation Mechanisms Considering Different Market Environments

The market power mitigation method of the supply-side has become one of the key points affecting the stability of the electricity spot market.Different mitigation mechanisms are used in the current mature electricity markets of the world.However,the same market power mitigation mechanism shows different effects in different market environments.Every market operator in the world needs the most efficient way to mitigate market power.Considering that there is no relevant literature discussing the market power effects of different mitigation methods in detail,the mitigation effects need to be discussed and further researched.So,we analyze the effects of the most utilized market power mitigation mechanisms while considering different market environments.Firstly,we establish a Nash-Stackelberg interactive game model to simulate the competitive strategies of power suppliers.Secondly,the different market power mitigation approaches are modeled.Then,a multi-agent system(MAS)genetic interior-point algorithm is proposed to solve the problem of suppliers.Finally,through the simulation analysis,the market power mitigation effects of different mechanisms while considering three operation states of the system in two market structures are all analyzed.

Function and Role of China＇s Securities Market

The article discusses the determinant factor of the function of the securities market at first and then proposes that the basic factor is the inherent need of social economic operation and development process itself. In addition, the primary factor of mature securities market is perfect and integrated function of the securities market. Afterwards, the article analyses the static and dynamic function of the securities market. At last, it probes into the government role in the securities market briefly and proposes that China needs to carry out the essential change on government role, market function location, development goal and the mode of securities market if the function of China＇s securities market is to be exerted properly.

The effects of corporate governance compliance on market valuation in Malaysia

This study investigates the effects of corporate governance compliance on market valuation in Malaysia using a sample of 164 companies listed on the Main Board in Bursa Malaysia from 5 different industries （consumer, trading ＆ services, industrial, constructions and properties） within 2001 to 2005. Throughout, this study will use correlation and regression analysis in the SPSS software to determine the effects of corporate governance practices on Market Valuation. In analyzing firms＇ market valuation, we will use the Tobin＇s Q formula and for the corporate governance compliance, we will look at 4 criteria to compare with market valuation, which are （1） Board of Director＇s composition, （2） Board of Director＇s remuneration （salaries）, （3） Board of Director＇s training and development, （4） Board of Director＇s meeting. In order to determine the effects between the corporate governance compliance and market valuation, we will use regression analysis. Based on the correlation analysis, the first null hypothesis must be rejected and the alternative hypothesis is accepted, in which dependent variable and independent variables are significantly correlated with BOD remuneration and BOD training availability. Overall, there is a significant relationship between Tobin＇s Q and independent variables （BOD remuneration and BOD training）. This study also recommends that for the company who did not comply with the code, they should follow the best practice because it will be a pivotal weapon in facing with the fierce competition in era globalization.

Interdependency Between Sustainable Development and Economic Growth （Investment Attraction）： The Role of City＇s Governance, Branding and Monitoring Strategies

Sustainable development is now considered the only option for collective happiness. This paper aims to highlight the interdependent role of city governance, its quality of life and corporate sustainable development process. A place that is good to live in, means that it is good to inhabit, work at, study invest, and visit. Therefore, public policies makers should think about the role of city administration in order to provide a good environment for entrepreneurship and corporate sustainable development. Territories, regions, cities and firms, must know their capabilities and competencies and define a common vision of the future, taking into account the present and the context in which they operate. Being defined as the strategy based on the principles of collective efficiency and market orientation, the successful implementation of activities requires ＂an operational framework for monitoring, supported by mechanisms of interdepartmental cooperation, and performance measurement procedures based on indicators and monitoring progress＂ （ENDS-2015, 2007）. This paper discusses the implementation of place marketing strategies and adoption, by the city governance, of the best practices of business management such as： balanced score card methodologies, leading to the enhancing of the wellness produced by cities; promoting productivity, innovation and rational use of resources; and developing competences and expertise in order to strength their competitive advantages and achieve the desired sustainable development.

Improving China's Legal System for Product Quality Guarantees ——A legal analysi s of product quality guarantee regulation by the Government

It is the responsibility of governments to supervise and regulateproduct quality to protect consumers and prevent failures in the product qualityguarantee system.Appropriate supervision will help safeguard the interests ofconsumers,promote product quality,and resolve disputes.The extent of supervisionshould be guided by the principle of need for state intervention andneeds to be highly diversified.

The Role of Government in the Socialization of Old- age Service

In the different stages of the development of the old-age service, the responsibility and function of the government will be different. In the new period, the government should redefine its role in advancing the socialization of the old-age service. The level of socialization of old-age services is not high, the lack of vitality of the pension market, the imperfect system and other problems arise because the government is not clear. The government should deal with the relationship between the main body of the market and avoid the ＇double failure＇ of the government and the market. The government should play a guiding role in the policy, laws and regulations and other aspects of good service work for the social services of the elderly to provide a good development environment.

Relationship Marketing： Interactions and Management

Starting with the interactive factors of relationship, this paper analyzes the interactive feature of relationship marketing within the marketing framework. Based on the interactive model of relationship marketing, this paper puts forward suggestions concerning effective interactive management of relationship marketing from the organization.

Strategic interaction among local governments, fiscal spending competition and regional economic growth

Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth in China. Our conclusion is as follows: Significant strategic interaction exists among provincial governments regarding expenditures mainly owing to fiscal competition mechanism in China, and expenditures interaction has changed significantly since tax sharing system reform, which has had positive effects on regional economic growth. This conclusion has significant implications for the optimization of public functions, size and structure of local governments in China.