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Research on the Port Information Construction of Beijing-Tianjin-Hebei Region in China
Dong Xinyi,
Wang Senhao,
Wang Xiaofan
Issue:
Volume 5, Issue 4, August 2016
Pages:
80-84
Received:
23 May 2016
Accepted:
1 June 2016
Published:
23 June 2016
Abstract: With deepening of Beijing-Tianjin-Hebei regional cooperation, the integration results appear constantly, port construction accounts for a large proportion in the integration of the Beijing-Tianjin-Hebei region. With the deepening of the level of opening to the outside world, in recent years, cross-border trading volume continues to rise, which provides a good room for growth for many foreign trade enterprises. There are many new bonded area and airport center appeared in Beijing-Tianjin-Hebei region, and enterprise need through these ports to do import and export business, so the development of the integration of the Beijing-Tianjin-Hebei region put forward higher requirements on the informatization construction. This paper makes a brief introduction to the current situation of Beijing Tianjin Hebei Port and the operation and information system of the logistics information platform, makes a comparative summary of the functions of electronic ports in Beijing, Tianjin and Hebei, and makes a conclusion.
Abstract: With deepening of Beijing-Tianjin-Hebei regional cooperation, the integration results appear constantly, port construction accounts for a large proportion in the integration of the Beijing-Tianjin-Hebei region. With the deepening of the level of opening to the outside world, in recent years, cross-border trading volume continues to rise, which prov...
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Accounting Conservatism Alleviates Firm’s Investment Efficiency: An Evidence from China
Naveed Razzaq,
Zhang Rui,
Zou Donghua
Issue:
Volume 5, Issue 4, August 2016
Pages:
85-94
Received:
14 July 2016
Published:
15 July 2016
Abstract: This study examined the association of accounting conservatism with investment efficiency, and its effects on investment efficiency by mitigating firms from under and over investments of listed companies in China (2002 to 2013). First, we find the existence of conservatism in accounting practices of Chinese firms, later to hypothesize that how conservatism improves investment efficiency to alleviate under or over investment stresses. Thus, our findings confirmed that accounting conservatism improves investment efficiency of Chinese firms by mitigating under (over) investments. Furthermore, significant correlation existed for investment efficiency with free cash flow and corporate governance such as CEO duality and percentage of board members. In robust test, we find conservatism reduces the CEO duality and top one shareholder tunneling effect which may cause agency problem.
Abstract: This study examined the association of accounting conservatism with investment efficiency, and its effects on investment efficiency by mitigating firms from under and over investments of listed companies in China (2002 to 2013). First, we find the existence of conservatism in accounting practices of Chinese firms, later to hypothesize that how cons...
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Beijing Tongzhou (China) Logistics Base of the Development Countermeasure Research Based on the Coordinated Development of Beijing-Tianjin-Hebei
Dou Xin-xin,
Wang Xiao-ping
Issue:
Volume 5, Issue 4, August 2016
Pages:
95-100
Received:
6 July 2016
Accepted:
16 July 2016
Published:
2 August 2016
Abstract: The core of the coordinated development of Beijing-Tianjin-Hebei is logistics integration of the Beijing-Tianjin-Hebei region. THE function adjustment of Beijing-Tianjin-Hebei, for the development of logistics industry, will bring great changes. In Beijing-Tianjin-Hebei regional logistics cluster development, the Beijing municipal function of the logistics park will also make major adjustments to adapt to the new environment. Taking logistics base in Tongzhou pony bridge as an example, through the SWOT analysis method, the analysis of the advantages and the disadvantages, on the basis of logistics base for the pony bridge development put forward the corresponding countermeasure and the suggestion, also for the future of Beijing under the background of the coordinated development of Beijing-Tianjin-Hebei logistics base development for reference.
Abstract: The core of the coordinated development of Beijing-Tianjin-Hebei is logistics integration of the Beijing-Tianjin-Hebei region. THE function adjustment of Beijing-Tianjin-Hebei, for the development of logistics industry, will bring great changes. In Beijing-Tianjin-Hebei regional logistics cluster development, the Beijing municipal function of the l...
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Development Environment and Countermeasures of 3D Printing Industry Base: A Chinese Case Study
Yuran Jin,
Zhanyu Pang,
Zhanjie Pang
Issue:
Volume 5, Issue 4, August 2016
Pages:
101-106
Received:
13 July 2016
Accepted:
22 July 2016
Published:
3 August 2016
Abstract: In recent years, many local governments in China scramble to build 3D printing industry base, hoping to stimulate local economic development. However, the theoretical research on development environment and countermeasures of these 3D printing industry bases are very lacking. The model analyzing development environment of 3D printing industry base was designed. The development environment and countermeasures of Anshan city’s 3D printing industry base were analyzed as an example. The research results can provide valuable reference for the development and construction of 3D printing industry bases.
Abstract: In recent years, many local governments in China scramble to build 3D printing industry base, hoping to stimulate local economic development. However, the theoretical research on development environment and countermeasures of these 3D printing industry bases are very lacking. The model analyzing development environment of 3D printing industry base ...
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The New Balanced Scorecard Evaluation System--With Midea Group Case
Huijuan Lin,
Wanxin Li,
Yanglin Li
Issue:
Volume 5, Issue 4, August 2016
Pages:
107-112
Received:
2 August 2016
Published:
3 August 2016
Abstract: In the 21st century global economy and multicultural knowledge economy, business era, the traditional financial performance evaluation is not appropriate for today's enterprise management, and modern enterprise management has entered the era of strategic management. In 1996 years later, the big consulting companies to introduce the balanced scorecard performance evaluation system, through years of practice, most enterprises in our country on the use of the balanced scorecard performance evaluation system, are still in the field of performance evaluation, but the ultimate goal is to build a new performance management system "to achieve strategic direction", in order to ensure successful execution company strategy. Thus, the balanced scorecard is to enhance their strategic execution of the most effective strategic management tool. Based on the review and strategic dimensions of the Balanced Scorecard four-dimensional theory, and emphasized the importance and significance of the strategic dimensions of the Balanced Scorecard. Five dimensions and nineteenth determining factors using AHP weights to the Media group as an example of reasonable and effective verification of the five-dimensional Balanced Scorecard evaluation system constructed which tend to be effective practical tools for enterprises to achieve strategic management.
Abstract: In the 21st century global economy and multicultural knowledge economy, business era, the traditional financial performance evaluation is not appropriate for today's enterprise management, and modern enterprise management has entered the era of strategic management. In 1996 years later, the big consulting companies to introduce the balanced scoreca...
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Construction Projects Delay and Their Antidotes: The Case of Ethiopian Construction Sector
Issue:
Volume 5, Issue 4, August 2016
Pages:
113-122
Received:
21 December 2015
Accepted:
26 January 2016
Published:
6 August 2016
Abstract: The Ethiopian construction sector has shown a remarkable growth and is given high prominence. However, several defects are being noted in the sector that need immediate action. The current study was conducted to access the level of techniques and software packages used for project time control; to identify factors affecting delay in construction projects and to recommend possible mitigation measures. The study adopts quantitative and qualitative methods with the help of primary and secondary data. Primary data was collected using self-administered questionnaires on 140 respondents and key informant interviews with ten experienced practitioners in the construction sector. Secondary data was collected through reviewing of related materials. Analysis of the quantitative data was made using SPSS version 20. The study revealed low level application of techniques and software packages for project planning and time control. It also identified top five delay factors. The study suggested that current project planning and time control can be improved by adopting the right tools, assigning the appropriate staff. The study implied that delay factors can be managed by proactive planning on alternative resources, appropriate allocation of resources, application of timely knowledge based decisions, and adoption and application of suitable methodologies and resources at the right place and time coupled with provision of continuous trainings for the staff.
Abstract: The Ethiopian construction sector has shown a remarkable growth and is given high prominence. However, several defects are being noted in the sector that need immediate action. The current study was conducted to access the level of techniques and software packages used for project time control; to identify factors affecting delay in construction pr...
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The Design and Empirical Analysis of Information Index for China Express Service Industry
Issue:
Volume 5, Issue 4, August 2016
Pages:
123-126
Received:
14 March 2016
Accepted:
22 March 2016
Published:
6 August 2016
Abstract: Based on the data of China's third economic census, the paper presents a statistical description of the developing level about the national express service industry information, which in four aspects from the using of computer, popularity of internet, the system of information management and e-commerce development. By the promoting path to "environment-basis-Application", it is designed the information indexes of the express service industry, meanwhile, three sub-indexes are measured and compared which about the environment, understructure and application between all provinces. In the end, suggestions were put forward to the express service industry.
Abstract: Based on the data of China's third economic census, the paper presents a statistical description of the developing level about the national express service industry information, which in four aspects from the using of computer, popularity of internet, the system of information management and e-commerce development. By the promoting path to "environ...
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The Transmission Effects of the U.S. Monetary Policy Shocks in the Korean Output and Trade: A SVAR Approach
Shiyou Zhu,
Seo-Hyeong Lee
Issue:
Volume 5, Issue 4, August 2016
Pages:
127-134
Received:
5 August 2016
Published:
8 August 2016
Abstract: This paper estimates the bilateral trade balance and real output growth rate in Korea to identify the transmission effects of the U.S. monetary policy shocks and then presents a statistical decomposition of the rate through a structural VAR using monthly data from January 1999 to December 2014. Results showed that the Korean trade balance is negatively affected by the U.S. monetary shocks through the exchange rate channel because of the most direct policy transmission channels is the international capital flows and exchange rate in the short-term. On the other hand, domestic real output is positively affected by the external monetary policy shocks over time. Thus the estimations of the trade balance and output growth in Korea suggest that, over the sample period, real economy in the small open economy influenced by the monetary policy shocks in the large country such as the U.S. Therefore, it is important to respond appropriately to changes in exchange rates in order to reduce unexpected negative influence from the external shocks.
Abstract: This paper estimates the bilateral trade balance and real output growth rate in Korea to identify the transmission effects of the U.S. monetary policy shocks and then presents a statistical decomposition of the rate through a structural VAR using monthly data from January 1999 to December 2014. Results showed that the Korean trade balance is negati...
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