Proceedings of the 5th International Conference on Economics, Management, Law and Education (EMLE 2019)

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273 articles
Proceedings Article

Study on Ontological Contours of Future Economic Theory

Alexey Antonov, Andrey Orekhov
The pluralism or monism of economic reality seldom becomes subject of a philosophical reflection. Meanwhile, world crisis of 2008–2009 and correction of mistakes after it made problems of an economic mainstream obvious. Not only the methods applied by the dominating economic theory but also its ontological...
Proceedings Article

Recommendations About Improvement of Application of Customs Procedure of Customs Transit in the Russian Federation When Transporting Goods by the Motor Transport

Olga A. Dmitrieva, Elena N. Rudakova, Dmitry E. Morkovkin, Alexey V. Gubin, Alla V. Pavlova, Anton E. Polyakov
In the conditions of the development of a market economy, customs regulation is a state instrument for carrying out foreign economic activity, on whose work depends the development of priority areas of the economy and entrepreneurship, including small and medium-sized businesses. Transport service represents...
Proceedings Article

Economic Efficiency Estimation of Region Industrial Complex Functioning in the Context of Subject Economic Interests’ Harmonization of Regional Industrial Policy

Dmitry E. Morkovkin
In this article is developed by the author of the method and algorithm of evaluation of efficiency of functioning of industrial complex of the region, tested on the official statistics data on the organizational-economic situation of the industrial complex of the Russian Federation. Proposed modified...
Proceedings Article

Dynamics of Road Infrastructure Support of Russian Regions’ Economic Subsystems

Anna Yu. Kosobutskaya, Mikhail. N. Bakhtin
The article is devoted to the study of road infrastructure service parameters of economic subsystems in Russian regions. The maintained subsystems are the followings: mining, manufacturing, agriculture, investment, construction, trade, value added (gross regional product), population. Taking into consideration...
Proceedings Article

Small Business Risks — Entrepreneurs’ Assessments

Yuri. I. Treschevsky, Elena V. Nikishkina, Nikita A Klimov, Pavel D Nikulnikov
The article is devoted to the study of small enterprises’ risks in Russia. The surveyed enterprises incorporated at Voronezh region. However, the territorial scope of their activities is diversified; they have business relations with a wide range of domestic enterprises. This allows us to consider the...
Proceedings Article

Prospects for the Development of Digital Economy in the Region: Study on the Example of the Voronezh Region

Irina Bejnar, Olga Myasnyankina, Tatiana Narolina, Marina Samogorodskaya
The upcoming digital transformation of the Russian economy requires the subjects of the Russian Federation to create comprehensive conditions for the widespread introduction of information and communication technologies in order to ensure effective interaction of the economic, social and cultural spheres....
Proceedings Article

Digital Use in Assessment of Economic and Social Systems Economic Security

Alexey Molchan, Murat Tleptserukov, Anna Vandysheva
The paper considers the issues and problems of the digitation in the field of analysis and evaluation of the economic security of the region in modern conditions of the Russian economy. The basic concepts and categories of economic security of the region are defined. Methodological approaches to the...
Proceedings Article

Improvement of Production Process on the Basis of Application of Principles of Lean Production at the Machine-Building Enterprise

Svetlana Chinazirova, Alexander Mokrushin, Angela Pshizova, Kaplan Tamov
The article discusses the basic methods and principles of lean production as a modern management, based on the desire to eliminate all types of losses. The purpose, principles, tools and systems of lean production are defined. The article assesses the effectiveness of the introduction of lean production...
Proceedings Article

Strategic Priorities of Development of Agro–industrial Complex of the Problem Region of Russia

Alexander Alexandrovich Mokrushin, Aslan Alievich Tamov, Saida Aslanovna Khatukay, Bella Ibragimovna Khutyz
The article reveals the aspects of strategic priorities of socio-economic development of the agro-industrial complex substantiation in the problem (budget-deficit) region. Territorial and sectoral features of the agro-industrial complex of the Republic of Adygea, belonging to the group of problem regions...
Proceedings Article

Study on the Possibility of Applying the Tax Policy of the Russian Federation to Influence the Dynamics of the Exchange Rate

Alexander Ishkhanov, Elena Linkevich
The article examines the Russian experience in the field of currency regulation and the instruments that affect the exchange rate of the Russian ruble in crisis conditions. It is justified that the dynamics of the Russian ruble exchange rate depends primarily on the influence of four factors: the state...
Proceedings Article

Portfolio Research Based on Neural Network and Multi-Objective Programming

Rongjie Jian, Tingting Ni
In financial investment, risk and benefit coexist. How to balance the benefits and risks and find the optimal investment portfolio is a key issue to be considered by investors. In this research, BP neural network is used to predict the future return on equity (ROE) of asset; a multi-objective programming...
Proceedings Article

Exploration on the Application of Blockchain Audit

Chang Cheng, Qunjia Huang
With the rise of Bitcoin, the blockchain technology as its core technology has received wide attention from all walks of life. Blockchain technology demonstrates its potential for audit applications by virtue of decentralization, transparency, and data tampering. This paper starts from the characteristics...
Proceedings Article

Opportunities of the Digital Economy for Achieving Competitive Advantage of Firms

Elena Alexandrova, Marina Poddubnaya, Ksenia Shalenaya, Sofia Savvidi
The present article studies the opportunities and constraints of the digital economy, that have a significant impact on how modern firms attain and sustain competitive advantage. Economic agents that manage to use digitalization of business to their best advantage get access to the most innovative methods...
Proceedings Article

Analysis of the Effect of China’s Educational Fiscal Expenditure on Poverty Reduction Based on FGT Index*

Qian Li
The role of poverty suppression in education is receiving increasing attention. According to the 1995-2017 China Rural Income Grouping Data, this paper uses the World Bank Povcalnet online poverty measurement tool to measure China’s 1995-2017 FGT index including poverty breadth, poverty depth, and poverty...
Proceedings Article

Research on Miller’s Market Defense Theory and Its Enlightenment*

Junfeng Xu
David Miller, a professor on sociology and political science theory in Nuffield College in Oxford and the representative figure of contemporary market socialism, who is against the prevailing refuted criticism on “market” and constructed the famous Market Defense Theory. Namely, market can provides many...
Proceedings Article

Economic Identity of Different Generations of Russians*

Victoria Mukha, Elena Klochko, Olga Brizhak, Daria Vakhrameeva
The article is devoted to the study of economic identity of different age groups of Russians. The authors presented a theoretical analysis of the category of “economic identity”, described the characteristics of the structure and content of this socio-psychological phenomenon. The cognitive component,...
Proceedings Article

IPO — The Pattern of Hierarchy with a Variety of Alternatives upon Criteria

Igor V. Shevchenko, Svetlana. N. Tretyakova, Natalya N Avedisyan, Natalya V. Khubutiya
A book is dedicated to the discussion about the ways to find solutions for the questions and closely related questions of IPO’s strategy as the pattern of hierarchy with a variety of alternatives upon criteria. Fundamentally, this book consists of a systematic introducing to the theory of relative value...
Proceedings Article

Urban Agglomerations as Centers of Regional Economic Development*

Konstantin Getmantsev, Tatyana Myasnikova, Evgeniya Atamas, Kristina Silchenko
The present article studies the issues of evaluating the potential of large urban agglomerations for attracting financial and investment resources into the regional economic system. By the example of the Krasnodar urban agglomeration, the authors study the place and role of agglomerations in modern regional...
Proceedings Article

Research on Marx’s Income Distribution Theory: a Literature Review

Xing He
The issue of income distribution is an important part of Marxist political economy. In recent years, with the continuous emergence of problems in the field of income distribution in China, the research on Marx’s income distribution theory has gradually increased. Based on the integration of data, this...
Proceedings Article

Structural Industry Modernization as a Factor of Innovative Development of a Region’s Economy*

Eva Frizovna Khandamova, Mikhail Borisovich Shchepakin, Aleksandr Vasilyevich Rodin, Viktor Anatolyevich Gubin
The article highlights the factors that may affect structural modernization of the industrial production sphere. Its economic substance and managerial identity are revealed. A conceptual model of managing functioning and development of a region’s industrial complex in the way of the “restructuring” factor...
Proceedings Article

Research on the Influence of Chinese Fiscal Decentralization on Regional Economy Against the Tax Distribution System

Ruijing Xuan, Yuqin Zhang, Xuekun Li
Since the reform and opening up, fiscal decentralization reform is an important part of China’s economic transformation, and is closely related to market-oriented reform. Under the tax distribution system, the reform and improvement of fiscal decentralization system has great theoretical and practical...
Proceedings Article

Investigation and Research on the Financial Literacy of Rural Residents in Wuling Mountainous Area Against the Background of Rural Revitalization*

Zhengwang Li, Kai Wang
Based on the field research of the financial literacy and financial needs of rural residents in Wuling mountainous area, this paper understands the basic situation, financial awareness, financial knowledge, financial behavior, financial skills and Internet resources of rural residents, and understands...
Proceedings Article

The Model of the Virtual Relations Infrastructure of Socioeconomic Systems and Information Technologies of the Regional Agro–industrial Complex*

Vladimir Novikov, Elena Klochko, Rustem Shichiyakh, Julia Galitskaya
The virtual form of operation in socio-economic systems of the agro-industrial complex is becoming a promising trend in the Russian economy. Virtualization of socio-economic systems in the agro-industrial sector necessitates studying the infrastructure and tools of this business organization form. By...
Proceedings Article

The Empirical Study of Shareholding Structure and Firm Performance in China

Liling Yang, Pocheng Ko
Three research hypotheses are proposed for the relationship between enterprise performance and ownership structure by measuring enterprise performance with economic value added. The empirical results show that hypothesis 1 is supported; the ratio of state shares is negatively correlated with corporate...
Proceedings Article

Islamic Banking in the Global Financial System: Current Situation and Global Environment

Vladimir Novikov, Elena Britikova, Elena Yarushkina, Lydia Kovalenko
It happens with ever-increasing frequency that the modern world financial system, based on the theories and practices by Western economists, malfunctions and results in global crises. In this regard, the USA and European economists themselves doubt this system’s universality and applicability to all...
Proceedings Article

Business Algorithm for the Implementation of Lean Manufacturing Technologies in the Activity of Agro–industrial Enterprises of the Region

Elena Klochko, Vladimir Novikov, Maria Rybyantseva, Lydia Kovalenko
The present research is aimed at making provisions on introducing a business algorithm for lean manufacturing technologies implementation into the activity of agro-industrial enterprises of the region. Affected by sanctions, agro-industrial enterprises choose new development thrusts, performant methods...
Proceedings Article

“Green” Financing for National Sustainable Development*

Evgeniya Atamas, Maria Bitarova, Elena Belyaeva, Veronika Panaseykina
The system of green financing for purposes of sustainable development is considered in this article. The system of green financing is being developed across two scales, which are financial market and environmental performance in all of its aspects, including manufacturing process management and rendering...
Proceedings Article

The Spatial Effects of Trade and OFDI of China in “the Belt and Road” Regions*

Ao Lei, Yixiang Tian
The authors use the Moran’s I index to test the univariate spatial correlation of trade and investment from china in “the Belt and Road” areas and construct spatial lag panel models for export, import and investment in two weighted matrices: geo-distance and economic disparities to analyze the spatial...
Proceedings Article

Innovative Mechanisms of Investing in the Development of the Regional Knowledge Economy*

Konstantin Getmantsev, Vladimir Ermolenko, Darya Lanskaya, Boris Pedanov
The article discusses the ways of solving the ongoing scientific and practical problem associated with purposeful financing of a strategizing process conductive to the development of “smart” economy based on designing, by means of financial engineering, of financial infrastructure, new financial institutions,...
Proceedings Article

The Problems of Defining the Development Directions for the Territories Comprising a Large Urban Agglomeration*

Konstantin Getmantsev, Tatyana Myasnikova, Vera Otarova, Yuri I. Treschevsky
The article studies the issues of evaluating the economic role of individual territories comprising a large urban agglomeration. By the example of the Krasnodar urban agglomeration and its constituent entity — the Dinskoy District, the authors attempt to identify the processes, threats and opportunities...
Proceedings Article

Study on the Mechanism of Action for Influence Factors on the Growth of Chinese New Energy Enterprises*

Jian Yuan, Yuxing An
The development of new energy industry will be a long-term process, during which the growth of new energy enterprises will play a crucial role in the future development of new energy industry. From the perspective of economics and management, the author discusses the growth drivers of new energy enterprises,...
Proceedings Article

Review of Research on Sharing Economy: Based on CiteSpace Visual Literature Analysis

Zhuolin Cao
Recently, the development of sharing economy had a significant impact on human life and national economy. This paper took 480 literatures in the CNKI database from 2013- 2019 with themes or topics related to the sharing economy, analyzed the hot issues and evolution path of China’s sharing economy by...
Proceedings Article

Developing Innovation Activity of Industrial Enterprises Against the Background of Digitalization of the World Economy

Olga Nikulina, Liudmila Ponomarenko, Anastasia Perova, Vladimir Pokul
The article discloses the main directions for developing innovation activity of industrial enterprises under the conditions of digitalization of the world economy. It has proven to be necessary to elaborate effective mechanisms for managing innovation activity of industrial enterprises in making the...
Proceedings Article

Green Economy as a Direction of Sustainable Development of Coastal Areas*

Evgeniya Arumova, Elena Belyaeva, Maria Bitarova, Veronika Panaseykina
The article is devoted to the mainstream trends of green market development as a direction of sustainable development of coastal areas. The goals and principles of the policy of green economy in coastal territories are defined. The key tools for the transition of coastal areas to a green economy are...
Proceedings Article

Digital Economy: Human Capital, Technology, Communications*

Vladimir Novikov, Elena Klochko, Olga Brizhak, Olesya Digtyar
The formation of an appropriate institutional environment is an important precondition for the effective development of main spheres of human activities in the digital economy. Personnel and education play a key role in promoting the development of the digital economy. It is obvious that land, labor...
Proceedings Article

The Study of Leverage Ratio on the Operation Efficiency of PPP Project Enterprises in China: Analysis Based on DEA-Tobit Model

Junzi Wang, Yongkang Lin
In recent years, the PPP mode as a new model of guiding the social capital and the government, its use and development is more and more brought to the attention of the countries. However, due to the impact of many national leveraged policies since the subprime crisis in 2008, the operation and development...
Proceedings Article

Reflections on the “Reform” and Policies of Democratic People’s Republic of Korea: An Field Investigation on Democratic People’s Republic of Korea and Analysis of New Year Greetings

Haofan Fang
This article focuses on North Korea’s reform and opening up. The international community is almost “one-sided” thinking that North Korea is unwilling to reform and open up in order to maintain its own regime. However, according to the author’s inspection and viewpoint, North Korea is not without “reform.”...
Proceedings Article

Financial Support for Economic Development Efficiency Research — Based on 13 Cities in Jiangsu Province

Yaocheng Zhuang, Lingjie Meng
Based on the Dea-Bcc method, based on the relevant data of 13 prefecture-level cities in Jiangsu Province from 2010 to 2017, this paper quantifies the efficiency of financial support for economic development and analyzes it according to the calculation results. The results show that there are differences...
Proceedings Article

Research on Economic Forecast of High-Tech Park Based on Combination Model: Taking the Zhongguancun Demonstration Zone as an Example*

Xiaofeng Wu, Da Li, Yanan Jin, Yaotong Chen
In recent years, the domestic high-tech park economy has achieved rapid development. The park economic forecast is the basis for formulating macroeconomic policies and improving risk management capabilities. The traditional time series forecasting model is more and more difficult in the increasingly...
Proceedings Article

Research on Total Factor Productivity of High-Tech Parks Based on the Perspective of Technology Field: Taking the Zhongguancun Demonstration Zone as an Example*

Yaotong Chen, Xiaofeng Wu, Zhi Zeng, Hua Guo
In order to clarify the economic growth dynamics of high-tech parks and the method of improving total factor productivity, this paper adds dummy variables to the stochastic frontier model method to consider the difference of total factor productivity among different economies, and combines clustering...
Proceedings Article

Regime-Switching Foreign Exchange Rate Exposures of the Asian Emerging Markets

Chunhuang Liao
The purpose of this study is to improve the traditional linear measuring framework of market-level foreign exchange rate exposure by considering the long-run cointegration relationship with error correction and panel smooth transition function to show the short-run nonlinear regime-switching feature...
Proceedings Article

Research on the Accounting Treatment for Different Types of Company Stock Investments and Their Related Performances Under the Accounting Standards in China

Yu Liu, Yunlong Qu, Minghong Sun, Yadan Zhao
An increasing number of corporations are investing in the stock market nowadays. Prior studies focused on discussing either long-term equity investment or the invested stocks on which the investor company does not have significant influences. Corporations may invest in an individual stock directly or...
Proceedings Article

Construction of Credit Risk Evaluation System for Small and Medium-Sized Enterprises: Based on Principal Component Analysis and Logistic Model

Qiguang An, Yuyang Zhao
With the fast development of the domestic financial sector, the financing of SMEs has become the significant part of domestic credit, but due to the SMEs’ stabilization of funds, technology and other aspects, SMEs are facing financial difficulties or loan default problems. This paper presents the financial...
Proceedings Article

Research on the Development of Private Economy from the Perspective of Taxation: Taking Chongqing as an Example

Tingli Pan
From the perspective of taxation, this paper observes the trend of the development of Chongqing’s private economy, analyzes the current situation of the development and expansion of private economy, the continuous optimization of industrial structure, and the significant enhancement of social benefits,...
Proceedings Article

Study on the Intention of Personalized Group Travel

Chuting Liu, Bingxia Guo, Xinhong Xie, Delphine Ya-Chu Chan
With the rapid development of “single economy” in China, and the continuous expansion of customized tourism market, this study explores the impact of personalized services, group services, tourism safety, and tourists’ word-of-mouth on consumers’ personalized group tourism willingness from the perspective...
Proceedings Article

Impact of the Electronic Payment Environment of the Importing Country on China’s Export Trade: Based on Panel Data of the Five ASEAN Countries

Mingjun Wang
The Internet economy has brought prosperity to cross-border e-commerce, and the cross-border electronic payment industry has also developed along the way, improving the efficiency of cross-border trade. This paper uses the panel data of five ASEAN countries from 1999 to 2017 to empirically test the promotion...
Proceedings Article

Research on Promoting the Development of China’s Cultural Products Trade Against the Background of Trade War

Jing Gao
In recent years, the economic and trade frictions between the United States and China have been escalating, and the recent fierce economic and trade frictions have been upgraded to the “trade war”. Faced with the arrival of the “trade war” between China and the United States, it can really put forward...
Proceedings Article

Civil-Military Integration and Technical Innovation of Private Listed Companies

Renfang Liu, Xianping Zhou, Guyue Xiang
Civil-military integration policy has been raised to a national strategy. The Four Military Qualification Certificates are used to measure the level of civil-military integration. Using the data of listed firms from 2001 to 2018 based on difference-in-difference method, we find that civil-military integration...
Proceedings Article

An Empirical Study on R&D Investment and Financial Performance of Listed Companies in Liaoning Equipment Manufacturing Industry*

Kaiming Tan, Shihong Wei
Technological progress is the core of corporate economic growth, and R&D investment activities are the basis of technological innovation. In the context of the country’s implementation of the innovation-driven strategy, the company’s innovation input performance has become a research hotspot. This paper...
Proceedings Article

Enlightenment of NHS: Thoughts on the Optimization of China’s Health Resource Allocation Structure

Ying Huang, Yan Wang
Health resource distribution structure should agree with the health care demands of common people, as allocating most resource to primary care institutions. However, China’s healthcare resource layout is Inverted Triangle, with less resource to primary care institutions, more to hospitals, and it affects...
Proceedings Article

Research on Threshold Effect of Housing Price on Real Estate Inventory

Dong Zhang, Haojie Wang
Through the systematic GMM estimation of the panel data of 35 large and medium-sized cities in China from 2005 to 2016, this paper verifies the nonlinear relationship between housing prices and real estate inventory. On this basis, the threshold regression model is established by modifying the econometric...
Proceedings Article

Research on Early Warning of Real Estate Bubble in Xiamen City Based on AHP–ECM

Jiaying Li, Xinyue Jia, Hongjun Yuan
This article takes Xiamen City as the object, selects relevant data of the real estate market from 2008 to 2018, constructs an indicator system of early warning of the real estate bubble, and uses the analytic hierarchy process and efficacy coefficient method to conduct an empirical analysis of the degree...
Proceedings Article

International Experience of Interest Rate Liberalization and China’s Investigation

Yuanxin Zhang
The 19th National Congress of the People’s Republic of China has made significant progress in the reform of interest rate and exchange rate liberalization, steadily promoting the internationalization of RMB. At present, there are still many restrictive factors that prevent the formation of a substantive,...
Proceedings Article

Study on the Path to Deepen Financial Cooperation Between Heilongjiang Province and Russia in New Situation*

Yanling Zhou
Financial cooperation is a necessary basis for the economic cooperation between China and Russia, but compared with the cooperation in other industries, the depth and scope of the financial cooperation between the two countries still need to be further improved. On this basis, this paper discusses the...
Proceedings Article

A Study of Shopping Day Among College Students Between China and America

Ming Xu
Cultural differences exist in many aspects between China and America which involve a wide variety of study. However, as the world’s two largest economic groups, China and America have their own shopping cultures and shopping day which largely boost their sales volumes. Shopping, a fundamental action,...
Proceedings Article

New Financial Kinetic Energy Boosts the Conversion of Old and New Kinetic Energy in Shandong: Existing Dilemma and Path Breakthrough

Tiancheng Qi
This paper constructs the new financial kinetic energy index and the multi-level and multi-dimensional new and old kinetic energy conversion indicators represented by inclusive finance and technology finance. Using vector autoregressive model quantitatively analyzes the correlation between the two aspects....
Proceedings Article

Research on Consumer Behavior Characteristics of Shawan Town Based on Sensory Marketing

Yiwen Cui, Qiuling Zhong
In 2018, the State Council’s government work report proposed that a tourism demonstration area should be created so that tourism and urbanization can develop each other, to look for a “four-in-one” tourism development model for famous site, famous cities, famous towns and famous villages with the help...
Proceedings Article

Research on Promoting the Society Affiliated to Hainan Association for Science and Technology to Undertake the Government’s Transfer Functions with Institutional Innovation Against the Background of Free Trade Zone (Port) Construction

Xuan Gao, Jing Geng
The Party Central Committee and the State Council regard the construction of the free trade zone (port) as a new policy designed to further reform and open up the national economy. Its purpose is to construct an internationally competitive business environment that conforms to international conventions,...
Proceedings Article

Research on the Development Process of China’s Hotel Industry During the 40 Years of Reform and Opening Up

Xuan Gao, Xiaomeng Su
In the past 40 years of reform and opening up, China’s hotel industry has gone through tremendous changes from weakness to strength. At the beginning of reform and opening up, there were only 200 restaurants that foreign guests are permitted to stay in China. After 40 years of development, China’s hotel...
Proceedings Article

Study on the Social Network Mechanism of Sporting Goods Manufacturing Industry Clusters: Based on the Data from Jinjiang of Fujian

Ze Zhang
Sporting goods manufacturing industry clusters are the Network which the space agglomerating companies and relevant organizations structured. The network is intrinsic nature of industrial clusters. The formation of network means that industry clusters takes shape. Used field research and interview method,...
Proceedings Article

Research on Status Quo and Countermeasures of Cold Chain Logistics of Agricultural Products in Hunan Province*

Bo Wei
This paper conducts a comprehensive investigation and analysis of the development status and main problems of cold chain logistics of agricultural products in Hunan Province. The countermeasures for the development of cold chain logistics for agricultural products are put forward from the aspects of...
Proceedings Article

Research on Selection and Configuration Optimization of Intelligent Express Cabinets Based on K-Means Cluster Analysis*

Bo Wei
The size and configuration ratio of intelligent express cabinets directly affect the use turnover efficiency and customer satisfaction of express cabinets. Taking the cabinet ratio of express cabinets as the research direction, this article investigates the delivery situation of courier in different...
Proceedings Article

Analysis on the Construction of Logistics Centers in YZ City of Hunan and Research on Its Model Design*

Shijun Yuan
In general, the development of logistics industry in YZ City, Hunan Province is relatively backward, with specific manifestations as “small scale, disordered layout, low level of informatization, poor construction of logistics platform, weak service functions, and high logistics cost”. This paper makes...
Proceedings Article

Investor Relations, Ownership Concentration, and Company Profitability: Evidence from Chinese Listed Firms

Yanhan Sun
The study tested the relationship between investor relations (IR), ownership concentration, and company profitability in China stock market, applying the data from 2014 to 2016. Through the empirical test, the investor relations positively correlated with the profitability of enterprises. Further empirical...
Proceedings Article

Study on the Relationship Between Regional Financial Efficiency and Economic Growth in China*

Haizhi Zhang, Xia Wang
Based on the panel data of 31 provinces in China from 2003 to 2015, this paper uses VAR model and PVAR model to contrastive analysis of the relationship between regional financial scale, financial efficiency and economic growth in China, and compares the differences between the impact of regional financial...
Proceedings Article

Research on Limitations of Financial Statement Analysis: Based on Data of Listed Companies

Jun Li
This paper starts from four aspects in assets, profits, the timeliness of financial statements and the authenticity of financial data to study the limitations of financial statement analysis by using the case data of listed company. It puts forward to strengthen the theoretical knowledge study of financial...
Proceedings Article

Study on the Current Development, Problems, and Countermeasures of Shadow Banking in China

Bin Wang, Xi Wang
With the continuous development of financial innovation in China, the shadow banking system has accumulated a large number of systemic risks, which has become an important factor affecting the safe and stable operation of China’s financial system. Therefore, on the basis of defining the concept of China’s...
Proceedings Article

The Theoretical Logic and Practical Basis of the Supply-Side Reform of Sports Industry

Bingchuan Sun, Yuanxiang Liu
Since the mismatch between supply and demand has become a constraint to the development of sports industry, it has become an academic consensus to accelerate the supply-side structural reform of sports industry. In this paper, literature, expert interviews, mathematical statistics, logical analysis and...
Proceedings Article

Innovative Staff Training Strategies for the Tourism and Hospitality Industry

Mikhail Morozov, Natalia Morozova
The article discusses innovative approaches to staff training for the tourism and hospitality industry. The main changes in the system of personnel training are related to digitalization, which radically changes business processes in all spheres of the economy, including the tourism and hospitality industry....
Proceedings Article

The Price Fluctuations in the Regional Agricultural Markets and Their Effect on Agricultural Production Planning

Galina V. Golikova, Natalia V. Shishkina, Natalia V. Golikova, Tatiana V. Sabetova, Lilija V. Smarchkova
The article is devoted to the formation of prices for certain agricultural products and its consideration in planning. The authors note that the food and food raw material market can be regarded as an ordinary commodity market, but with some specific features. One of these features is a significant time...
Proceedings Article

Agile Management as a Technology of Professional Development of the Human Resources in a Credit Organization

Irina Lyskova, Olga Rudakova
The paper focuses on the main aspects of agile management, it substantiates the importance of improving approaches to managing human resources in a credit organization, the need to improve the system of organizational behaviour and form an effective system of human resources quality in a credit organization...
Proceedings Article

Identity as a Resource of Development Policy in Agricultural Areas*

Inna Miroshnichenko, Elena Morozova, Konstantin Getmantsev
The aim of the study is to substantiate the importance of such a non-material resource as local identity for the development of rural local communities. The theoretical basis of the work was the concepts of local communities and the idea of responsible development voiced by I.S. Semenenko. The main methodological...
Proceedings Article

Problems of the Use of Political and Administrative Resources in the Sphere of the Krasnodar Agglomeration Development Public Management*

Alexey Kolba, Maria Tereshina
The article is devoted to the problems of effective use of political and administrative resources in the sphere of public administration to ensure the development of the Krasnodar agglomeration. The authors consider the conceptual, legal and applied aspects of its formation, in particular, the problems...
Proceedings Article

The Role of the Cultural and Educational Environment in the Formation of Youth’s Regional Identity in Krasnodar Krai

Svetlana Mirontseva, Olga Borisko, Igor Bashmakov, Alexey Sazantovich
A theoretical study of youth’s regional identity and the cultural and educational environment of a region, influencing the formation of youth’s regional identity, is represented in this article. The analysis of such concepts as ‘territorial identity’, ‘regional identity’, ‘youth’s regional identity’,...
Proceedings Article

The Formation of a Management System of Electronic State and Municipal Services of the Region

Irina Ershova, Elizaveta Yakimova, Liliy Guselnikova, Tatiana Kolmykova
The relevance of the paper is confirmed by the fact that regional information systems can facilitate the placement of state and municipal orders by automating routine processes related to the planning, formation, implementation and control of procurement of public institutions in the region. The purpose...
Proceedings Article

Assessment of Professional and Personal Qualities in the Selection for Civil Service Positions: Evolution of Approaches

Andrei Luzakov, Yulia Katkova
The article analyzes the evolution of official guidelines for assessing professional and personal qualities (competencies) when filling vacant posts in civil service in the Russian Federation over the past seven years. The current guidelines and innovations are analyzed. Problems that may arise in the...
Proceedings Article

Unstable Enterprise Management with the Involvement of an Anti-Crisis Component*

Mikhail Borisovich Shchepakin, Viktor Anatolyevich Gubin, Eva Frizovna Khandamova, Aleksandr Vasilyevich Rodin
The article reveals the economic nature of an enterprise instability. Some specific features and forms of unapparent instability are defined. The characterization of an anti-crisis component in managing an unstable enterprise is given. The focus of including an anti-crisis component for stabilizing the...
Proceedings Article

Research on Promotion Strategy of Cultural and Creative Products of Xi’an Tourism Based on Regional Culture*

Ran Li, Ying Liang
Culture is a symbol of a region, and the distinctive characteristic culture of a city is the basis for developing the tourism. The featured products of tourism pay attention to innovation. Tourist cultural and creative products should be rich in the city’s unique humanistic temperament, so that people...
Proceedings Article

The Mechanisms of Implementing the Strategy for Regional Socioeconomic Development in the Context of Public Network Management*

Tatyana Myasnikova, Konstantin Getmantsev, Tatyana Kolmykova, Svetlana Lobanova
The present article studies the issues of managing the socio-economic development strategies of Russian regions. The authors present the findings of the research on 24 development strategies and other strategic documents of the constituent entities of the Russian Federation and propose recommendations...
Proceedings Article

Psychological Component of Credit Scoring: Analysis of Theoretical and Methodical Problems*

Andrey N. Demin, Oksana V. Kireyeva, Igor A. Pomazan, Ekaterina I. Zykova
The article analyses the importance of using psychological data in credit scoring and presents the data on predictors of timely loan repayments. The problems of using psychological data to credit scoring are highlighted: choosing the way to integrate psychological, social and financial characteristics...
Proceedings Article

Knowledge Mapping of Platform Research: A Visual Analysis Using VOSviewer*

Xue Ding
Platform is a topic that has been shaped by numerous articles for years. This study makes a contribution by a bibliometric analysis of academic research on platform in management, business and economics areas. The author analyzes 619 articles on platform from the Web of Science database from 1978 to...
Proceedings Article

Methodological Evaluation Tools of World, National and Corporate Intangible Assets as the Basis for Competitiveness Management of Companies

Mikhail Egorov, Larisa Egorova, Vera Barishnikova, Milena Akhmedova
It is hard to overestimate the role of intangible assets in the conditions of growing competitiveness on the global scale. This article reports on the ways to assess the value of intangible assets which is formed at different economic levels (world, national and corporate).
Proceedings Article

Research on China’s Cross-Border E-Commerce Shared Logistics Overseas Warehouse Construction

Caiyun Lin
In recent years, China’s cross-border e-commerce has entered a period of rapid development, and the overall transaction volume has maintained a growth rate of more than 20% for several consecutive years. However, at the same time as the rapid development of cross-border e-commerce in China, cross-border...
Proceedings Article

A Review of Researches on Accounting in China Brought by Artificial Intelligence*

Youyun Wen
In recent years, with the innovation and development of science and technology, the application of artificial intelligence technology in accounting field has become more and more extensive and in-depth. The integration of artificial intelligence and accounting is both an opportunity and a challenge....
Proceedings Article

Research on the Construction of Ecosystem in Compliance Risk Management of Foreign Trade Enterprises in Fujian Province*

Yan Hu
The contradiction between the frequent occurrence of global compliance risk and the imperfect compliance-risk management of China’s foreign trade enterprises will become the bottleneck that affects China’s foreign trade enterprises and the development of China’s foreign trades. With the development of...
Proceedings Article

Improving the Competitiveness of Nansha Port and Actively Participating in the Construction of the Guangdong–Hong Kong–Macao Greater Bay Area: Investigation Report of Humen Ferry’s East and West Coast Transition Container Vehicles*

Yiwen Cui, Lisi Lu, Wenbin Chen, Wan Li
This paper conducted a one-month continuous sampling survey of Humen Ferry’s transitional container vehicles and found that there are more container vehicles from the east coast to the west coast than the west coast to the east coast. At present, Shenzhen Port is highly competitive, and any convenient...
Proceedings Article

Strategic Priorities for Interaction Between TNC’s and Russian Retailers in the Context of Global Economy Digitalization

Larisa Egorova, Tatiana Logvinenko, Ekaterina Egorova, Temur Sulejmanovich Aliev
The new step in the global Industrial Revolution 4.0 consists in the widespread implementation of digital technologies in the leading sectors of national economies and world economy in general. It is fully referred to the external trade sector when transformation of the Russian retailers, interacting...
Proceedings Article

Analysis on the Application Strategy of “4V” Marketing Mix Theory: Based on the Perspective of the Perceived Value of Agricultural Products Consumer

Ruiqi Deng, Xinjuan He, Yuming Liu, Yi Fu, Xiaoqiao Hu
In recent years, the pace of agricultural modernization in China has been accelerating, the production capacity of agricultural products has increased substantially, and the number of agricultural product brands has exploded. At the same time, consumer demand for agricultural products has become more...
Proceedings Article

Research on the Development of Youth E-Commerce in Jilin Province Against the Background of Rural Revitalization Strategy

Lihong Zhao, Tongyang Han
Youth is the future of the country and the hope of the nation. Under the background of rural revitalization strategy, this paper analyzes the current situation of youth e-commerce development in Jilin Province, puts forward the predicament faced by youth e-commerce in Jilin Province, and then proposes...
Proceedings Article

Development of Rural Areas in Zones of Large Cities’ Influence

Konstantin Getmantsev, Elena Ilyasova, Ekaterina Krylova, Evgeniya Atamas
The present article studies the issues of evaluating a large city’s influence on socio-economic development processes in a rural area and the prospects for its independent development in the urban agglomeration. It analyses the changes in the system of rural settlement affected by the transport factor...
Proceedings Article

Research on the Participation of Youth Social Organizations in Social Governance

Yanli Fu, Yongzhi Jiang
Social organization is the main body of the national governance system. Young social organizations are the backbone of social organizations. The participation of youth social organizations in public governance is an important issue in the current modernization of the national governance system and governance...
Proceedings Article

Research on Incentive Mechanism of Innovative Science and Technology Talents

Yuwei Zhao
In today’s world, the competition of comprehensive national strength is more and more reflected in the competition of science and technology, scientific and technological talents are increasingly becoming the decisive factor in the development of science and technology. With the acceleration of the process...
Proceedings Article

Regional Fund for Investment in Innovation*

Konstantin Getmantsev, Alexander Rodin, Vladimir Ermolenko, Daria Lanskaya
The article discusses the solution of an urgent scientific and practical problem related to the targeted investment of innovations based on the development of new financial institutions by means of financial engineering. Financial institutions development in relation to the specifics of the development...
Proceedings Article

Analysis on Earnings Quality of Listed Companies: Based on Dupont Analysis

Rui Shi
The purpose of this paper is to study earnings quality analysis system of the listed company, to show the research purpose and significance of earnings quality of the listed company, to research the earnings quality of listed companies through four aspects.
Proceedings Article

A Study on the Evolution and Development Characteristics of China Producer Service Agglomeration

Fei Chen
This paper used Herfindahl-Hirschman Index, Ellision-Glaeser Index and Location Quotient to measure the market agglomeration degree, industry agglomeration degree and regional agglomeration degree of producer service and its inner industrials of China. On this basis, under the guide of service economics...
Proceedings Article

Performance Marketing as a Form of Company Promotion: Implementation Issues and Development Prospects

Anatoly A. Kizim, Eduard E. Berezovskiy, Diana P. Kayfedzhan
The present article studies the features of the development of performance marketing in times of marketing communications changes influenced by digital technologies. The authors classify the factors contributing to the development of the performance marketing concept in Russia, identify problems that...
Proceedings Article

Analysis of Traditional Fur Processing Technology of Hui Nationality and Its Inheritance

Jianjun Ma
The Hui people are good at business, which is an important part of their economic life. As a kind of business that Hui people are good at, the fur processing industry is a traditional craft that Hui people hold for thousands of years. It not only has a long history, a large number of employees and exquisite...
Proceedings Article

Design of Dynamic Incentive Contract of Sales Personnel Based on Multi-task Objectives*

Min Li
Based on the multi-task principal-agent model proposed by Holmstrom, the article divides the sales staff’s work into two dimensions: pursuit of current performance and improvement of corporate reputation. The single-cycle static contract and multi-cycle dynamic contract were constructed respectively,...
Proceedings Article

Research on the Development of Guilin International Marathon Based on Information Platform and Its Countermeasures*

Yongfen Yang, Feng Tian, Liaokun Ye, Yunhai Chen
With the increasing popularity of information technology, people have more and more demand for fitness. As a sports project integrating mass, fun and competitive, the marathon has developed rapidly in China in recent years. This paper studies the integration and development of Guilin International Marathon...
Proceedings Article

Competitive Advantages of the Innovative University Ecosystem as the Source of the Competitiveness of Small Innovative Enterprises*

Konstantin Getmantsev, Tatyana Myasnikova, Vladimir Ermolenko, Daria Lanskaya
The present article studies a small innovative enterprise as an effective form of commercialization of scientific results, analyses its life cycle, the issues of its formation, functioning and development, and examines a range of conditions and factors for the successful operation of an innovative university...