Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)

Session: Economics and Finance

94 articles
Proceedings Article

A study on the threshold effect of different types of environmental regulations on FDI

Kuanqi Du, Mengmeng Li
The environmental regulations are divided into three types including command-control (CER), market-incentive (MER) and public-participation (PER) in this paper. Based on the panel data in 30 provinces, cities and autonomous regions in China from 2003 to 2014, the threshold plate regression model was...
Proceedings Article

Empirical analysis of the impact of RMB offshore market in Hongkong on monetary policy in China

Yiqing Jiao, Lixin Ye
Combined with the Markov regime switching vector autoregressive model (MS-VAR), this paper empirically analyses the nonlinear relationship between the RMB Offshore Market in Hongkong and monetary policy under different regional regimes. The research finds MSIH(3)-VAR(2) model can better describe the...
Proceedings Article

The study of industrial structure change and economic growth in China's new economic based on optimal control model

Tifang Ye, Yanli Zhou, Xiangyu Ge
The rapid growth of knowledge-based economy driven by the information technology revolution has had a profound impact on China's economic growth and industrial structure change. This paper re-examines the relationship between China's economic growth and industrial structure change based on the optimal...
Proceedings Article

The innovation union within the Slovak business environment

Marcel Kordoš, Eva Ivanová
This paper deals with the issue how innovation is implemented into EU Innovation policy processes, how important role it plays within the Slovak Business environment to assure the rapid development of SMEs and to enhance Slovak competitiveness within the international economics environment. By means...
Proceedings Article

Analysis on article 15 of China accession protocol after expiration

Yan Yang
In 2017, with the expiration of Article 15 in China's accession to the World Trade Organization (WTO), the issue of China's full market economy status has received significant attention from public and government. This paper makes an objective interpretation of the content about Article 15 in Protocol...
Proceedings Article

Industrial structure change and regional creativity: mechanism analysis and empirical study

Yong Qi, Xing Zhou
The regional innovation system is an important part of the national innovation system. This paper expounds the mechanism of the regional innovation. The empirical results show that the industrial structure change has a significant positive effect on the regional innovation system.
Proceedings Article

"The economic model of New Normality" and "the Nelt and Noad initiative": perspectives on intellectual property rights

Zhixiao Wu
China's economy development is still in an important period of strategic opportunities. A rough and fast way of economy development should change in China. The new normal state of economic development is preferable. The Belt and Road initiative is a strategic which adapt to the new normal economic development...
Proceedings Article

A review on one belt one road-China Pakistan economic corridor and its policy implications

Faiza Manzoor, Longbao Wei, Abdul Latif, Syed Irshad Ali Shah
The Belt and Road Initiative aims to promote the connectivity of Asian, European and African continents and the China-Pakistan Economic Corridor is one of its key ventures aiming for mutual cooperation and development of both the countries. Being termed as a "life-line" the project mainly focus on energy...
Proceedings Article

Analysis on the operation mode of China online short - rent enterprises under the sharing economy

Shuxia Dong, Yadan Luo, Xiaoxuan Zhang
Guided by the Sharing economic mode, so many companies, at home and abroad, have already developed rapidly, such as Mayi, Tujia, Xiaozhu, and so on. Online rental industry is the outstanding representative of the sharing economic development model.This paper aims to analyze both the development model...
Proceedings Article

A study on network sales carnival from an economics perspective

Wei Weng, Shan He, Jiahui Jiang, Fei Li, Shiying Lu
Shopping online has become an inseparable part of people's life, with the development of internet technology. This thesis takes the consumer group of Taobao "Double 11" Carnival as research subject and attempts to find out the reasons for the quick development of shopping online and its occupation of...
Proceedings Article

An empirical study on the financial competitiveness of A-share listed companies in Shanghai stock market under the reform of supply side

Jinlei Yang, Tiantian Sun
This paper takes 968 listed companies in A shares of Shanghai Stock Exchange as an example. Through the construction of financial competitiveness system and the use of factor analysis method, this paper systematically studies the basic situation of the overall financial competitiveness of Shanghai A-share...
Proceedings Article

Study on the improvement of capital utilization efficiency of China's listed power companies based on the effectiveness of internal Control

Jie Yao, Huan Ma
Along with the reformation of electric power system, power companies are losing their monopoly advantage and facing great challenges. The sample of this paper is the data of 58 listed electric power companies from 2014 to 2016.And the paper studies the correlation between the effectiveness of internal...
Proceedings Article

Research on internal control audit, internal control deficiency and audit fees

Ting Pan, Yu Song
With the development of the internal control system, the internal control audit has received more attention.This paper takes the A-share listed companies in Shanghai and Shenzhen as a sample, to study the effect of the disclosure of internal control audit report, the opinion of internal control audit...
Proceedings Article

A study of intra-national consumer behaviours in China: the role of regional wealth

Xiaoyu Wu, Hoi In Veronica Fong, IpKin Anthony Wong
The objective of this article is to respond to the need for intra-national research through multilevel analysis and to assist scholars and managers to better understand individual, cultural, and socioeconomical attributes in consumer purchase decisions. We develop an empirical model to examine the role...
Proceedings Article

The importance of behaving in a proactive way for marketing management: the case of thorntons PLC

Guochao Lin, Qinping Chen
Thorntons was positioned as luxury chocolate brands, however, it has continued to operate with a weak business performance in 2010-2012. The growing of products' volume and improvement of in-store service cannot provide clear differences compared with its competitors. This paper took Thorntons as the...
Proceedings Article

Research on marketing strategy: case study of Disneyland

Jia Yao
In April 8, 2011, Shanghai Disneyland starts construction, Shanghai Disneyland will be the second Disneyland in China, at the same time, China will be the only country which has two Disneyland in the world besides the Unite States. This shows the economic strength of China is rapidly growing. Firstly,...
Proceedings Article

Research on the mobile library marketing service of university library under the new media environment

Xiuli Li, Chunyue Liu
With the development of new media technology, mobile library service has become the main mode of University Library service. This paper introduces the concept of mobile library, service model and marketing strategy to improve the service quality of University Library and enhance service effect.
Proceedings Article

Agricultural meal docking service based on the electronic commerce platform

Li Guo, Shuangshuang Su, Danni Hao, Hao Shen
There are some problems in traditional agricultural products circulation channels, including too many links, exorbitant cost and huge loss, which can't adapt to the developing of modern agriculture and related industries. In recent years, with the development of the work about "Agricultural Meal Docking",...
Proceedings Article

Service Performance evaluation of China expresses delivery companies based on a MCDM model

Qigan Shao, Sungshun Weng
Multiple criteria decision making (MCDM) is used in various fields because of its advantages in qualitative and quantitative assessment of decision making. This paper applies best and worst method (BWM) and gray relational analysis (GRA) to evaluate service performance of private express delivery companies....
Proceedings Article

Is there gender discrimination in the marketplace of short-time rental?: the case of Xiaozhu.com

Xinting Bian, Hongcheng Wang
In the past few years, the model of P2P was introduced to the area of short-time house rental. Online marketplaces often contain information about products and the people who sell the products. In this paper, we test for gender discrimination against landlords in the online rental marketplace Xiaozhu.com....
Proceedings Article

Analysis of the O2O marketing model about "old network" website

Wenrong Jiang
The Old Network is a portal website used for second-hand information in local life. It has rich information on second-hand trade and serves for life station around the country. Firstly, this paper gives some advice on marketing of the Old Network by SWOT analysis of the Old Network e-commerce. Meanwhile,...
Proceedings Article

Problems and countermeasures of performance management in precision poverty alleviation in big data era

Hongyu Li, Shengling Gao, Shuyan Wang
Performance management of precision poverty alleviation projects is not only a basic way to improve the efficiency of poverty alleviation project management, but the only way for the government to build efficiency as well; meanwhile it is also an important step to implement poverty alleviation project...
Proceedings Article

Could earnings momentum crash?

Min Zhang, Wenbin Bao
It is already accepted by researchers that price momentum has crashed. How about earnings momentum? Does it also have crashed? In this paper we used two methods--- standardized unexpected earnings and the cumulative abnormal stock return to measure earnings momentum which are supposed to put into ten...
Proceedings Article

The impact of OFDI reverse technology spillovers on the China's export technological complexity

Meijia Fang, Yongjian Zong
This paper, by utilizing the inter-provincial panel data from 2009 to 2015 and the two-step system GMM, examines the impact of OFDI reverse technology spillovers on the export technological complexity in China. The result is that OFDI is a driving force for the export technological complexity. By further...
Proceedings Article

Revealed comparative advantage and competitiveness of clothing sector: Balkan countries vis-à-vis the EU-28

Simona Tripa, Sunhilde Cuc, Liliana Indrie, Hajnalka Barna, Simona Dzitac
This paper presents an analysis of Balkans countries' relative competitiveness of the clothing industry and a comparison its trade vis-à-vis the EU-28. The RCA is analysed by two indices: the Balassa index and the Vollrath's revealed competitiveness during 2000–2015. Both evaluations of the RCA indices...
Proceedings Article

The empirical analysis of relationship between cross-border e-commerce & trade facilitation

Nina Zhu
This article presents a current situation of China's trade facilitation and cross-border e-commerce at first, and then makes some comparison between China and the other countries, based on the above analysis the paper makes an empirical test of relationship between China's trade facilitation and cross-border...
Proceedings Article

The eve of the 20th anniversary of Kyrgyzstan's membership in the WTO: priorities, consequences and prospects

Aizhan Ismailova, Yulan Du
Having gained independence, the Kyrgyz Republic not only qualitatively changed its status in the world, but also imposed upon itself certain obligations arising from such status. Confirming its own sovereignty, the country was actively involved in international processes, including entering the World...
Proceedings Article

The evolution of manufacturing trade network structure of the belt and road

Jian Yang
This paper makes research on evolution of trade network structure of "the Belt and Road" based on export data of national manufacturing industry from 2000 to 2014 with adoption of UCINET software and social network analysis method. Research has found out that the trade link of "the Belt and Road" national...
Proceedings Article

The risk of exchange rate fluctuation and path choice in rmb internationalization

Hongcheng Wang, Xinting Bian
At present, China has great influence in the world economy , the status of the RMB is also increasing rapidly. However, the level of internationalization of RMB is still lagging behind China's economic status. In recent years, internationalization of RMB has made great progress, the RMB has been included...
Proceedings Article

A comparative study on cross-border merger performance for Chinese and American commercial banks

Ruibo Liu, Xiaojun Niu
Faced with competition and pressure in the international banking, Chinese had to consider how to use the cross-border mergers and acquisitions to realize their own rapid development and growth and to enhance competitiveness. This paper selected the cases of cross-border mergers and acquisitions for Citibank...
Proceedings Article

Socio-economic impacts of Chinese government financed infrastructural development projects in nigeria.

Salisu Gidado Dalibi, Bello Sani Bello
Nigeria is a West African country, often referred to as the "Giant of Africa" due to its population of over 177 million and an estimated GDP of over US$587 billion; abundant natural resources including one of the largest natural gas and crude oil reserves. Despite these strong fundamentals, Nigeria has...
Proceedings Article

A study on the trade environments and efficiency of factor markets of The Belt and Road regional countries

Hongyi Bi, Lu Jiang, Mingwei Guo, Tianjian Sun
Through the construction of the index evaluation system of trade environment competitiveness of The Belt and Road regional countries, this paper estimates the index of trade environment competitiveness of the 52 countries among The Belt and Road regional countries by using the factor analysis. And this...
Proceedings Article

Research on the growth effect of "the Belt and Road" strategy based on international trade perspective

Ting Cui, Jiaqi Liu, Zhiguang Zhang
This paper demonstrates that China's investment in "the Belt and Road" countries is beneficial to improve GDP of China and "the Belt and Road" countries by constructing the mathematical model. And on this basis, the empirical test was carried out in combination with relevant countries' data from 2000...
Proceedings Article

A comparative study of national innovation efficiency based on SFA

Shu Zhu, Yong Qi
Based on the two-stage theory of innovation, this paper divides the innovation efficiency into R & D efficiency and output efficiency.Using the stochastic frontier analysis method (SFA) to evaluate and compare the innovation efficiency of the world's major innovative countries and BRIC countries.It is...
Proceedings Article

The effects and problems of the supply side reform of cotton production in Xinjiang

Yawen Yu, Guoxin Yu
Document No. 1 of the Central Committee of the Communist Party of China in 2016 propose that, increase the innovation drive in agricultural modernization, change the mode of agricultural development, push the reform of the agricultural supply side, maintain farmers' income and develop agriculture steadily1....
Proceedings Article

Research on mutual driving relationship between industrial agglomeration and talent gathering in Jiangsu

Ying Zhang, Zhengxuan Zhu
How to drive and influence each other between industrial agglomeration and talent gathering is an important proposition that industrial economics and human capital theory are very concerned nowadays. In this paper, taking the high-tech industry agglomeration and high-tech talent gathering in Jiangsu...
Proceedings Article

New approach to defining family enterprises – results of empirical research in Poland

Ewa Wiecek-Janka, Adrianna Lewandowska
The paper presents theoretical foundations for developing the definition of a family enterprise in the world. The main outcome of the research is a new approach to defining a family enterprise based on a five-level model. The model was applied in the study of the share of family enterprises in Poland's...
Proceedings Article

Research on regional development of China under the new normal--based on the regional coordinated development of the Yangtze River delta

Jie Chen, Junwen Feng
The 13th "Five-Year plan" emphasizes the regional coordinated development, for it is the key to coordinated development. Considering that China is in the economic new normal, this paper mainly studies the regional coordinated development under the new normal. We select the Yangtze River Delta region...
Proceedings Article

An empirical study on the relationship between the development of MICE industry and regional economic growth

Haiqin Fan
After analyzing the development of MICE industry to promote regional economic growth from the two aspects of qualitative and quantitative, the mathematical model is established in this paper. After then taking Guiyang Convention and exhibition industry as an example, the related data are brought to verify...
Proceedings Article

An analysis of China's regional capital flow: based on the perspective of the relationship between investment and savings

Chong Li, Jingyuan Di
This paper analyses China's regional capital flow based on the relationship between investment and savings. We make panel data analysis of China's 29 provinces (Considering the completeness and availability of data, we remove the data of Chongqing and Tibet) from 1979 to 2015 using fixed effect model,...
Proceedings Article

Research on the optimization of Chinese counterpart assistance policy based on the perspective of growth pole theory

Xiang Chen, Xiaodong Song
Counterpart assistance is a policy helping undeveloped areas to develop economy since the Reform and Opening. This policy plays an important role in boosting economy, public service, and education at the assisted areas. However, the present assistance model pays little attention to the growth pole at...
Proceedings Article

Research on the impact of implementing performance of China 's innovation - driven development strategy on technology innovation index

Yong Qi, Mingyang Wang
In this paper, the principal component analysis is used to analyze the performance of China's innovation strategy. We build a scientific and technological innovation evaluation system, The research shows that most provinces have lower technological innovation capability in our country. The regression...
Proceedings Article

Migration processes as a factor of labor market regulation

Vladimir Polovinko, Anna Arbuz
This study examines the trends of migration processes in Omsk region related to the increase in the outflow of the indigenous population, including young representatives, as a rule, well-educated.These developments of situation will contribute to increasing disparities at the regional labor market, the...
Proceedings Article

Spatial dynamic co-relations between economic development performances and major factors: evidence of coastal regions in China

Shuguang Liu, Tingyu Liu
The dynamics of coastal economic regions in China need to be studied in the visualized way. Through the data analysis of China's three major coastal economic regions from 1994 to 2014, the authors of the paper utilize the standard deviation ellipse and cosine similarity methods to explore the evolution...
Proceedings Article

Selection factors of seaport type logistics center of fujian free- trade zone

Dan Liu, Xiulian Hu, ShihMing Ou
According to the characteristics of Fuzhou harbor type logistics center, using PEST analysis to find out the competitive advantages, and listed factors that have a major impact on logistics center location selection, and then uses DEMATEL analysis to establish the initial matrix, such as normalized matrix...
Proceedings Article

The research on joint venture between China and Kazakhstan in energy and transport cooperation

Daniya Garafutdinova, Yongjian Zong
The purpose of this empirical analysis is to investigate, based on gravity model, FDI flow from China to Kazakhstan during 2008-2016 year and NLS model. The estimation is controlled for the importance of gravity variables (GDP, per capita GDP, Distance, Common border and Common organization the latest...
Proceedings Article

The rural financial ecological environment analysis of Jilin Province in the background of land circulation

Chunhui Wang, Nan Wu, Siyu Yao
Jilin province countryside is in the key period of the land circulation, however, the rural financial ecological environment has shown an unharmonious with economic development. From Jilin province rural financial ecological environment present situation, this paper analyzed rural economic development...
Proceedings Article

Research on performance evaluation system of poverty alleviation project --- a case study of Zhangjiakou City, Hebei Province, China

Shuyan Wang, Shengling Gao, Hongyu Li
The article construct the "performance evaluation system for poverty alleviation projects" from four aspects: project investment, process, output and influence. With the principle of efficiency, comprehensive, dynamic and feasible, the principal component analysis is applied to the poverty alleviation...
Proceedings Article

A study on the development of cultural tourism products in Tianjin --a case of new year paintings in Yangliuqing

Zhongxiu Hao
The folk custom tourism has become an important form of cultural tourism in the international leisure tourism market. Yangliuqing new year painting is a typical representative of cultural and artistic inheritance in Tianjin city. It is urgent to analyze how to effectively promote the development of experience...
Proceedings Article

The military management in colleges and universities

Xianyu Meng, Xiaoyan Cai, Lina Lu, Yu Ge, Jie Gao
Problems existed in management of college students under the popularization of higher education and traditional education has difficult to satisfy the educational management in colleges and universities, this paper discusses the militarization of management model in university management application.
Proceedings Article

The trend of price fluctuation in China and its influence on the living standard of residents: take the first-tier city shanghai as an example

Qu Xu
In recent years, price has showed the tendency of increasing. Taking Shanghai as an example, the trend of price changes is analysed in this paper, from which we learn the impact on residents' living standards. Firstly, this paper analyses the trend of rising speed, and then brings all kinds of reflections...
Proceedings Article

Research on the paths of business model innovation

Shengzhou Wang
Management must transform enterprise-centric into customer-centric with the big changing of the business environment. Business model is redefined. It is customer value demand-centric and constituted with value creation, value realization and value proposition. Business model interface is described as...
Proceedings Article

Research on total factor productivity of manufacturing enterprises in the Yangtze River economic belt

Hua Yuan, Yun Zhang, Hongzhong Zhao
Manufacturing, the important industries in the Yangtze River Economic Belt, is a hot issue for many scholars to study. In this paper, Data Envelopment Analysis(DEA) method is used for calculating the total factor productivity (TFP) of enterprises in the Yangtze River Economic Belt. The results show that...
Proceedings Article

The intensity evaluation research of equipment and manufacturing industry in Hebei province

Jie Wan, Li Geng
Equipment and manufacturing industry takes a large proportion in national economy and technical equipment of national defense construction. Due to the complexity of its production process and the close relation between upstream and downstream ofenterprises, the form of industrial cluster benefits to...
Proceedings Article

Study on total factor productivity of retail industry in east China - based on Malmquist index

Cheng Qiu, Linjie Meng
Based on the Malmquist index method of data envelopment analysis (DEA), the total factor productivity (TFP) of the retail industry in East China was measured by using the panel data from 2008 to 2015. After that, the TFP was decomposed into technical efficiency change and technological progress. The...
Proceedings Article

Measurement and analysis of informatization level of manufacturing industries

Xiao-dong Yu
By establishing industry informatization index system, the informatization level of the industry was measured by principal component analysis with the panel data of manufacturing industry from 2006 – 2014. It is obvious that the informatization level of industries was significantly different. Most of...
Proceedings Article

Market risk in the hard coal mining industry in Poland in the context of the mining production planning

Izabela Jonek-Kowalska
The hard coal mining industry is of strategic importance in Poland, due to the dominant share of hard coal in the energy balance and a significant role in the industrialization of the country, particularly in Upper Silesia. In recent years, the industry has experienced a deep crisis threatening its further...
Proceedings Article

Research on AGC ancillary service transaction mode in China at present stage

Yongxiu He, Qian Chen, Yan Chang, Xiao Gao, Peipei You
The ancillary service plays an important role in the development of electricity market and the optimal allocation of power resources as the guarantee of power supply reliability and power quality. This paper takes automatic generation control (AGC) as an example, to explore its transaction mode. Firstly,...
Proceedings Article

Estimation of R&D capital stock in China's high-tech industry

Yan Zou, Lingjie Meng
R&D capital stock is often used in the study of high-tech industry, but there are some deficiencies in the existing methods of measuring R&D capital stock. Based on the existing literature, a new method to estimate R&D capital stock is proposed in this paper. We measure the R&D capital stock of 17 industry...
Proceedings Article

Assessment of economic efficiency of medical college

Jinguo Wang, Na Wang
Advanced medical colleges have insufficient material resources and excess human resources. Administrative and logistics personnel are too many. The combination and cooperation of different departments are not reasonable. These are the most important factors affecting the efficiency and efficiency of...
Proceedings Article

Risk assessment on convergence development between logistics and estate industries

Xianwen Gong
Convergence development between logistics industry and estate industry promotes the emergence of new industry forms: logistics estate industry. Generally speaking, logistics estate is considered to be low-risk and high-return investment project, and favored by investors. But there are still potential...
Proceedings Article

The renovation of the applicability of old residential buildings under the intensional growth of urbanization

Feng Zhao, Jia Fu
In the urban development context of the transfer of the completed amount of urbanization process, the authors paid attention to the old residential areas, taking the architectures in old residential areas as research objectives, and put forward some suggestions from the renovation of the applicability and...
Proceedings Article

The influencing factors of mobile number portability willingness for Yunnan mobile users

Meijuan Li, Juan Hong
Following the Tianjin and Hainan province, in September 2014, Ministry of Industry and Information technology announced to implement the pilot project of mobile number portability in Yunnan, Jiangxi and Hubei provinces. However, the implementation effect of the pilot project in Yunnan is not good, the...
Proceedings Article

Ownership structure, firm size, and performance: a panel data investigation of pharmaceutical manufacturing industry in China

Yongzhuang Li, Dehuan Zhang, Qiuhui Jia
This paper uses the data of A-share listed pharmaceutical manufacturing companies in both Shanghai and Shenzhen Stock Exchange in China for the period from 2014 to 2016. The empirical investigation shows that there is a positive correlation between ownership concentration and firm performance, and firm...
Proceedings Article

Research on transportation safety of hazardous chemicals based on HSE

Hehua Li, Rui Zhang
With the increase of traffic volume hazardous chemicals, accidents in the transportation of dangerous chemicals occurred frequently, threatening the lives and property of the country and the people. In this context, based on the HSE management system, this paper summarizes and analyzes the accident factors...
Proceedings Article

Research on the classification and development investment strategy of power grid enterprise

Yungao Ma, Yazong Mai, Wan He
The scientific arrangement of gird development investment is the key to the development of power grid enterprises. Considering the provincial electricity consumptions and grid structures, a two-dimensional classification model formed by the per capita electricity consumption and the power grid quality...
Proceedings Article

Allocating emergency resource for leakage of dangerous chemicals at sea by fuzzy programming

Bin Wang, Hao Hao
In this study, we propose a fuzzy programming model that considers a single accident site and multiple emergency rescue bases. Various resource constraints, such as volume and weight capacity at the emergency rescue bases, are considered. Rescue funding availability is also integrated into the model....
Proceedings Article

Gamification in project management

Ricardo Pateiro Marcão, Gabrie Pestana, Maria José Sousa
The area of monitoring and project management presents a collection of methodologies, some more sequential and others more iterative, each one with benefits in different aspects. In this way, it is intended to gather a set of good practices of project management, identifying the most beneficial characteristics...
Proceedings Article

The interaction model of business and state as a factor in human resource management

Tatiana V. Skryl, Vladimir S. Osipov, Vadim O. Evseev
The paper presents the economic model representing the inter-relationship between the state and business with respect to human resource management. The model connects the categories such as labor, money, working time, life being and productivity of the working person. In the process of implementing this...
Proceedings Article

Environmental impact assessment of dynamic simulation of water saving and emission reduction in Hebei Province

Xiaoxiao Hao, Guofeng Zhang, Jin Han, Jingjing Yan, Jinghua Sha
In recent years, the shortage of water resources and water pollutant emission in Hebei province have been accelerated with the process of urbanization1. In order to solve the problems, this paper constructs a comprehensive dynamic simulation model of socio-economic, water pollutant discharge and water...
Proceedings Article

A study on regional total factor productivity in China from the perspective of low-carbon economy

Yuting Zhou, Huangjin Liu
With the rapid economic growth and the increasing environmental pollution, the development of low-carbon economy is the first choice to solve the current energy scarcity and harsh environment. It is an inevitable trend to consider low-carbon factors in the measurement of total factor productivity in...
Proceedings Article

Study on land use and carbon and economic growth in Nanjing

Chu Su, Kuanqi Du
In this paper, we study on the relationship between economic growth and land use and carbon emission in Nanjing from 2005 to 2014 shows that the economic growth and the carbon use of land use in Nanjing are not completely decoupled, that is, the change of land use carbon emissions with economic growth...
Proceedings Article

The enlightenment of the drop in oil prices and the ruble crisis

Siyuan Gong, Yan Zhou
From the July 2014, the international crude oil price has been continuously declined. The exchange rate of ruble has been depreciated. The crisis of ruble happened because the Russia's economy dependeds on oil export highly. According to the research, The RMB exchange rate is a one-way cause-and-effect...
Proceedings Article

Analyzing the coordinated development level of decomposed effects of transportation infrastructure economic benefit: case study of Shanghai, China

Yu Sun, Yin Cui
The economic benefit of transportation infrastructure is the positive influence on economy system generated by the use of transportation infrastructure. This paper decomposes transportation infrastructure economic benefit into four effects which are consumption effect, investment effect, government purchase...
Proceedings Article

Branding as an identification of the territory potential: insufficiency of constructivist approach

Tatiana Bystrova, Dmitry Kochetkov
Since the 2000s, branding of cities and territories has attracted greater attention of scientists and practitioners in developed and emerging countries. The results of our study can be divided into two parts, theoretical and practical. First, we derived the theoretical and methodological foundations...
Proceedings Article

Integration of medical humanistic spirits and economic principles under market economy ---medical humanism under market economy

Na Wang, Jinguo Wang
Problems related with economy usually rise in the medical development. The resource allocation and income of multi-disciplinary and multi-sectoral health resources constitute the economic problems in the development of medical institutions. Economic principles and humanistic spirits are both decisive....
Proceedings Article

Research on mutual driving development of financial ecology and economic growth in Jiangsu province--analysis based on coupled model

Haitao Wang
Based on the data of Jiangsu Province from 2006 to 2015, a three-system coupling model is constructed. The coupling degree and the coupling coordination degree are used as the evaluation indexes. The coupling coordination between the financial system and the economic growth system of the dynamic evolution...
Proceedings Article

An empirical study on the efficiency of bank innovation in the context of internet financial development

Fan Yang, Yong Qi
Recently, the rapid development of Internet finance has influenced the traditional financial model in many ways. As an emerging financial mode, it provides customers with a wider range of multiple financial services, but also has an impact on the commercial banks operating efficiency and innovation efficiency....
Proceedings Article

Research on the risks and regulation of financial technology

Hangmin Li
Financial technology (FinTech) refers to technology enabled financial solutions. While the benefit of FinTech is widely recognized, the risks inherent in FinTech also rise substantial considerations. This paper will examine the impact brought by FinTech on financial market risks and stability, including...
Proceedings Article

Countermeasure analysis of inventory financing and its risk management in perfect price fluctuation

Xiaohui Hu, Fuchang Li, Guichang Zhe
This text is a hypothesis in different economic status, in different cases of price fluctuations, in two or more than two cases of inventory combinations, applies Markowitz portfolio management theory to inventory financing and study on borrower how to obtain optimum inventory mix in the configuration...
Proceedings Article

Market impact analysis of China A-shares into MSCI index--comparison of volatility between MSCI China international index and CSI 300 index

Lu Gao, Lian Chen
In June 21, 2017, MSCI officially announced that from the beginning of June 2018 ,China A shares will be included in the MSCI emerging markets index and MSCI ACWI (All Country World Index) global index. The significance of this paper lies in: through the comparison of the relevant index's volatility...
Proceedings Article

The effect of family ownership on the relation between executive compensation and performance: evidence from Thailand

J. Thomas Connelly, Piman Limpaphayom, Michael J. Sullivan
This study investigates the pay-performance relation for directors and managers in a sample of Thai public companies. It is hypothesized that family ownership mediates the pay-performance relations for directors and managers. The results show a strong link between managerial compensation and firm performance...
Proceedings Article

A study on the impact of stock market fluctuations on the operating performance of the listed companies in energy conservation and environmental protection industry

Di Zhang, Yingming Zhu
With the problem of environment pollution and resource shortage becoming more and more serious, the development of energy conservation and environmental protection industry is booming. In order to put forward some suggestions on the development of energy conservation and environmental protection industry,...
Proceedings Article

Mutual fund family ownership and stock return: evidence from chinese stock open-end funds

Linglin Zhu, Yucan Liu
In this paper, with the sample data of each semi-annual stock open-end funds from 2008 to 2015 in China, we use multiple linear regression method to study the impact on the stock returns held by mutual fund family common shares. The empirical results show that the deeper fund family common shareholding...
Proceedings Article

Analysis of the Linkage between China and US Stock Markets

Dayan Lin, Lei Qi
With the prosperity of China financial markets, the influence of China stock market is further enhanced. This paper analyses the linkage of China and US stock markets. The data consists weekly price index values for Shanghai Composite Index and the Nasdaq Index from 1991 to 2017. Results show that in...
Proceedings Article

A study on the dynamic correlation between bond market and stock market

Mingwei Zhou, Yuan Zhang
Based on the dynamic theory of stock market and bond market, this paper chooses corporate bond index and CSI 300 index, and uses the co-integration test of EG two-step method, Granger causality hypothesis test and impulse response to analyze the correlation of stock market and bond market. The results...
Proceedings Article

Research on risk measurement of the multi-hierarchical herding behavior of the heterogeneous institutional investors

Jie Ma, Zhenghua Wei, Xing Yin
Based on the modified LSV model, this paper measured the herding behavior of the 6 types of institutional investor via three aspects. We got some new findings: 1) The fund’s herding behavior is the most serious in all kinds of institutional investors, and the fund shows no the professional ability in...
Proceedings Article

Impact of commercial bank internal governance mechanism on credit risk: an empirical study based on China's listed banks

Mingwei Zhou, Changmei Xiong
This paper systematically examines the impact of the internal governance mechanism of commercial banks on credit risk from the perspective of corporate governance of commercial banks. The results show that the proportion of the largest shareholder, the proportion of the state-owned shares, the nature...
Proceedings Article

Analysis and suggestions on restrictive factors of green credit implementation

Qian Cao, Wenxin Tan
The cost of resources and environment for economic growth in China is too large. From the perspective of property rights, this is because the cost of enterprises using environmental resources is often highly externalized. The "market failure" caused by this externality is the root cause of environmental...
Proceedings Article

Measurement and statistical analysis of financing efficiency of listing companies —taking Shandong province as a case

Guizhen Meng
The thesis adopts the principal component analysis and entropy method to set up a model for calculating and carrying out a statistical analysis of the financing efficiency of listing companies within the jurisdiction of Shangdong Province. First, the thesis sets up a financing efficiency evaluation indicator...
Proceedings Article

Research on the best loan-to-value ratio of inventory financing based on credit risk

Yili Su, Fuchang Li, Guichang Zhe, Xiaohui Hu
The loan-to-value ratio is the key to decide bank facing different degree of credit risk, which directly affect the profitability of the bank. In order to avoid bank's losses accused by inventory financing due to credit risk, this paper chooses the loan-to-value ratio as the research object supposed...
Proceedings Article

The research of negotiated acquisition's premium of listed companies

Xiangjun Yuan, Yan Zhou
In recent years, the mergers and acquisitions premium rate has been rising rapidly,totally beyond the rational expectations of the capital market and investors. Thus, this paper constructs the theoretical model based on the features of target companies in negotiated acquisition. The study found that:...
Proceedings Article

Tax incentives for modernization of the Russian economy

Igor Lukasevich, Panskov Vladimir, Sukhorukova Daria
The economic crisis has aggravated the socio-economic situation in Russia. In this condition the stable economic growth can be provided only through the increase of investments in the creation of new productive capacity. An important approach to solving this problem is the system of tax mechanisms that...
Proceedings Article

The effect of corporate geographic location on over-investment

Xintong Shi, Wenbin Bao
This paper aims to shed light on the effect of a firm's geographic location on its over-investment by using different location variables based on a sample of 1936 Chinese listed firms spanning from 2007 to 2016. We find that remotely located firms have higher level of over-investment. Remotely located...