Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

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87 articles
Proceedings Article

Peer-Review Statements

Vilas Gaikar, Min Hou, Sikandar Ali Qalati
All of the articles in this proceedings volume have been presented at the 2nd International Conference on Financial Management and Economic Transition (FMET 2022) during August 19–21, 2022 in Hulunbuir, China. These articles have been peer reviewed by the members of the [Scientific Committees and reviewers]...
Proceedings Article

Research on the Key Mechanism of Promoting the Construction of Southern Regional Power Market

Dunnan Liu, Zhixin Dong, Yaxuan Han, Zhixiang Zhang, Yufang Chen, Long Jiang
In recent years, the construction of a unified power market in the southern region has been accelerating. In the context of the energy transition and dual-carbon goals, China has carried out relevant research work on the key mechanism of the unified power market in the southern region that meets the...
Proceedings Article

The Development of Digital Financial Inclusion and Corporate Financialization

Siyan Liu
The digital economy and digital finance are developing rapidly in China. This paper examines the relationship between the development of digital finance and the degree of corporate financialization. The paper uses computer technology and numerical simulation methods to estimate and formulate OLS and...
Proceedings Article

Research on the Minimum Wage Policy of the Online-to-Offline Food Delivery Industry in China

Baihong Liu
With the rapid expansion of the online-to-offline food delivery industry in China, the treatment for deliverymen gradually comes into the view of the public as some of them are facing sever inequality in wages given their hardworking. To tackle this problem, this paper puts forward the minimum wage policy...
Proceedings Article

A Study on Marketing Channel Strategies for Electronic Companies

Ying Zhou Mungia
With the development of the economy and technology, people's demand for electronics is rising. Electronic companies need to make more efforts on channel strategies for marketing to maintain their competitiveness. However, companies face problems such as incomplete channel design and inaccurate positioning...
Proceedings Article

Driving Digital Transformation in the Food Industry

Yuqing Huang, Zheng Liu
With the rapid development of science and technology, the food industry as a traditional manufacturing industry should respond to the call and actively promote intelligent development. Taking the food industry as the research object, this paper first analyzes the current situation and future development...
Proceedings Article

Study on the Influence Factors of Non-profit Organization’s Information Disclosure Quality

Sun Yu, Li Shuang
Nonprofit organization’s information disclosure quality is very important in modern society, especially in the context of public crises. It also an important indicator of the health of a country’s philanthropy. By using the data of national foundations in 2019, we can empirically test the related internal...
Proceedings Article

Enlightenment of Real Estate Development in the United Kingdom for China Based on the Perspective of Low Carbon

Xiaowen Liu
In recent years, the Chinese real estate industry fluctuates dramatically. However, the UK’s real estate industry and housing prices present an upward trend. Therefore, this paper discusses the Chinese real estate problems from the perspective of green and low carbon economy by drawing from the policies...
Proceedings Article

Financial Analysis of Apple Inc. Based on 2021 Apple Annual Report

Xining Li
As the benchmark of electronic industry, Apple annual report has strategic importance to the whole industry, especially for the financial information. Therefore, it is significant to analyze the annual report of Apple Inc. The research topic for this essay is to analyze the corporate strategy, important...
Proceedings Article

A Study on Carbon Finance Policies to Promote the Transition of China’s Industrial Structure Toward the Low-Carbon Economy

Weirui Liu
With the deterioration of the global environment, the issue of sustainable development has become a worldwide concern. To cope with environmental and climate change, China is actively committed to promoting its industrial structure transition toward the low-carbon economy, among which the improvement...
Proceedings Article

Analysis of the Development Pattern and Characteristics of Government Support Policies for Small Technology Enterprises in China

Xinyu Zhang
The development of modern science and technology market has led to science and technology-based SMEs becoming a major contributor to national economic development, however, because of their own developmental inherent deficiencies, many domestic science and technology-based SMEs are unable to overcome...
Proceedings Article

Application of Altman Z-score Model in Credit Risk Assessment of Light Industry in China

Xinyi Xu
This article uses the method of empirical analysis to analyze the credit risk of more than 20 light industrial enterprises listed in China, the United Kingdom, and the United States, with the data of their working capital, earnings before interest and tax, retained earnings, the market value of equity,...
Proceedings Article

The Digital Inclusive Finance and Enterprise Innovation: Evidence from A-share Market

Bowen Liu, Xin Wen, Yufan Zhang, Xiaomeng Zhong
In China, the integration of digital technology and finance has gradually formed a digital supply mode of inclusive finance, which alleviates the financing limitations of small and medium-sized businesses to a certain extent and is significant for enterprise innovation activities that need financial...
Proceedings Article

Impact of Covid-19 on Chinese Stock Market and Suggestions

Yifan Sun
Starting at 2020, the sudden out break of Covid-19 had a huge impact in the world. Cities and provinces in China has been going through lockdowns, and the Wold Health Organisation had included Covid-19 into PHEIC. Based on the research done on the affect of sudden outbreaks on the stock prices, this...
Proceedings Article

The Economic Impact of Covid-19 on the Auto Industry

Yiyuan Zhang
Covid-19 has slowed the growth of the whole automotive sector, and the market is now overrun by doomsday scenarios. The enormous increase in energy prices in late 2021 and early 2022 will have a severe negative impact on consumers’ ability to purchase goods. The influence of COVID-19 and fluctuations...
Proceedings Article

An Empirical Analysis on the Portfolio of Transnational Auto Market Based on ARIMA-LSTM

Yiping Hong
Due to the rise of raw material prices, the reduction of automobile production capacity caused by COVID-19, the trend of global electrification and other factors, the investment in transnational automobile stocks has gradually become a new target for global investors. Because the general stock price...
Proceedings Article

The Time-Varying Impact of Fed’s Rate Hikes on Yield and Volatility of Bitcoin

Yuchen Dai
Covid-19 has had a significant impact on financial markets around the world, and various countries have adopted their methods to combat the impact of Covid-19 on equity markets. And because of Covid-19, the market share of the cryptocurrency market is increasing rapidly. This article focuses on how exchange...
Proceedings Article

NPV and IRR’s Comparative Analysis in Enterprises Investment Decision Making

Xuanrun Liu
In the economic evaluation of engineering projects, the net present value and internal rate of return (IRR) are generally used to measure the economic benefits of the project. However, the analysis of the two indices is sometimes self-contradictory. This article points out that the net present value...
Proceedings Article

Analysis of the Factors Affecting the Development of Hainan Duty-Free Economy

Jiaying Lin
Under the background in the outbreak, duty free market outside, so Hainan islands duty-free shops has become an important place. This paper explores the factors that affect the development of Hainan’s duty-free economy. It is found that Hainan’s duty-free economy is mainly affected by four factors: tourism,...
Proceedings Article

Commercial Bank Apps Can Be Better

Users’ Experience Research

Zizhe Zhang
The mobile payment products most commonly used by Chinese users are wechat payment, Alipay and UnionPay cloud flash payment. Internet companies have obvious advantages in third-party payment platforms. In terms of Microfinance: commercial banks only work on poverty alleviation loans supported by the...
Proceedings Article

The Fed’s Rate Hikes, USD-RMB Exchange Rate, and Dynamic Changes in Stock Market

Yuqi Zhao
Growing inflation causes US Federal Reverse increasing interest rates, however, it brings a problem for the stock market. This paper focuses on how increasing interest rates affect the Chinese and USA stock market by using VAR and ARMS-GARCH models. This paper selected daily closing prices from Yahoo...
Proceedings Article

Analysis of Tax Burden of Industrial Internet Enterprises and Its Influencing Factors

Defa Cai, Yang Chen
Since the concept of “Industrial Internet” was first proposed in 2012, the “14th Five-Year Plan” and the outline of the long-term goals for 2035, the industrial Internet has been listed as a key industry in the digital economy. By applying SPSS statistical analysis software, this paper takes 66 listed...
Proceedings Article

Empirical Analysis of Holiday Effect on Chinese Baijiu Stocks

Zongya Chen, Luyun Zhang, Fangming Li
The baijiu sector is a representative segment of the Chinese stock market. In 1994, the first Baijiu stock “Shanxi Xinghuacun Fen Wine Factory” was successfully listed on Shanghai Stock Exchange. After that the segment faced rapid development, increasing the number of related shares listed successfully....
Proceedings Article

An Empirical Analysis of Digital Transformation on Enterprise Innovation in China

Take Manufacturing as an Example

Houchu He
The improvement of innovation ability is the key for enterprises to win in the market competition. Digital transformation and upgrading is a channel for enterprises to enhance their innovation capabilities. This approach can generate value by generating digitized information and knowledge. Therefore,...
Proceedings Article

Improving GM and Tesla’s Declining Sales in China Based on SWOT Analysis

Yuzhou Dai, Ni Jiao, Yuxuan Wu
With the development of science and technology, consumers have higher and higher requirements for automobiles. Environmental protection issues, price issues, cost issues, and enterprise transformation issues are all issues that need to be considered in the current automobile manufacturing industry. At...
Proceedings Article

Analysis of Tesla’s Innovation Strategy and Influence of Leadership

Keyi Qin
Tesla has attained a benchmark in the electric vehicle industry but it faced issues such as ownership protection rights, chip shortage and delivery delays. Tesla’s real competitors are not new energy operators, therefore despite leading the capital market, Tesla is not in a stable position. The future...
Proceedings Article

Research on the Innovation Path of China's Enterprise Economic Management in the Context of the New Normal Economy

Huiwen Zheng
As the development trend of economic globalisation continues to advance, China's social and economic model is also quietly changing, and most domestic enterprises will find it difficult to quickly adapt to the requirements of the economic market if they cannot effectively grasp the pace and characteristics...
Proceedings Article

The Market Analysis for BYD

Yiyuan Qiu, Kunlong Zhang, Yuan Zong
The article first introduces the current situation of BYD, including current market value, various fields involved in BYD (automobile, batteries, electronics) and some awards BYD have had. Second, the article uses a lot of important financial data, such as D/E ratio, asset beta, return on asset, to analyze...
Proceedings Article

The Effect of the Digital Economy’s Growth on Employment

Bingyue Bai
The digital economy is a brand-new type of economy. For the real economy, information and knowledge are the most important factors of production and the most important carrier of the real economic development. It is an information network that relies mainly on information technology to efficiently perform...
Proceedings Article

Strategy and Financial Statement Analysis of the Coca-Cola Company

Mingwei Li
As the global epidemic situation changes, global production and economic conditions gradually change and rebound. The overall strategy and economic situation of companies in the beverage industry is becoming more transparent with public disclosure, and the study of their financial statements and other...
Proceedings Article

The Relationship Between Capital Structure and Profitability in Pharmaceutical Manufacturing Industry

Mingqian Feng
Since the 19th CPC National Congress, the Chinese government has deepened the reform of pharmaceutical enterprises and established a high-quality and efficient medical service system. Meanwhile, pharmaceutical and medical companies have also made important contributions during the pandemic. According...
Proceedings Article

Forecasting the Yield Curve with Nelson-Siegel Model: Chinese Evidence

Zhanyi Zhang
The Dynamic Nelson-Siegel model is commonly used to forecast interest rate curves, but the way its parameters are estimated has so far been an issue worth investigating. In this paper, the performance of state space model is compared with that of two-step method in estimating parameters. Based on Chinese...
Proceedings Article

Application of Blockchain Technology in the Field of Financial Management

Jiaxing Wei
Blockchain is a comprehensive information technology that combines modern database technology, modern cryptography and network management incentives. It is highly valued globally for its irreversibility, decentralization and peer-to-peer transactions. Traditional financial management activities are prone...
Proceedings Article

How Does Genki Forest Manage to Stand Out in the Beverage Industry?

Guanjie Gao
With the advent of the mobile Internet era, new concepts, theories and methods are constantly emerging compared to the previous marketing environment, making marketing in the whole market increasingly complex. We can see that the traditional marketing concepts continue to fail, which has caused anxiety...
Proceedings Article

Research on the Application of Minimum Variance Model and Utility Maximization Model in Stock Market Portfolio

Jiahao Lin, Yunyang Lu, Lulu Zhang
In financial market investing, returns always come with risk. The theoretical research and practice of portfolio selection have yielded quite rich results. Based on Markowitz’s mean-variance theory, this paper analyses the returns and risks of stock portfolios, and uses the minimum variance and maximum...
Proceedings Article

An Empirical Test of CAPM: Application in Apple and Tesla Stocks

Zihan Chen
It is crucial for investors to select the investment portfolio in the market. Risk and return are long-standing paradoxes for investors, and the higher risk may indicate a higher return than other portfolios. This article uses the stock price of Apple stock and Tesla stock from 2017 to 2022 as a sample,...
Proceedings Article

The Impact of Top Executive Team Heterogeneity on Firm Performance and Financial Leverage

Yuxiang Wang
This paper empirically analyzes the impact of top executive team heterogeneity on firm performance and financial leverage with fixed effects model based on data of Listed Companies in China's software and information technology service industry from 2012 to 2018. The results show that age heterogeneity...
Proceedings Article

Through Background Research and Financial Data to Analyze Midea’s Operating Conditions

Yujie Li
This article is written in the context of the prevalence of COVID-19, the penetration rate of household applicants in China continues to improve. However, under the influence of COVID-19, the household applicants market is under heavy pressure, with low demand and obvious price rise. This paper analyzes...
Proceedings Article

A Comprehensive Analysis of Tesla

Yuxin Liu, Yu Shen, Lanxin Zhang, Yixin Zhang
Tesla is an American electric vehicle and resource company, which was set up in 2003. Its main products are electric vehicles and lithium-ion battery. Tesla launched the first product called Roadster in 2008, then some famous products such as Model S and Model X came out in succession. With the development...
Proceedings Article

Forecasting China's Military Industry Index: Based on Decision Tree, Random Forest and Time Series Models

Xiaoyan Cheng, Ziyan Liu, Zhijie Zhang, Zhiyue Zhu
IncrEasing uncertainty about geopolitical conflicts and downward economic pressure have contributed to increased stock price volatility in the military industry sector as a result of the ongoing Russia-Ukraine conflict which has gradually developed into a protracted tug-of-war and a war of attrition,...
Proceedings Article

Comprehensive Analysis of Ride-Hailing Evidence from Uber and Lyft

Jingyu Sun
With the rise of the e-service industry, online car-hailing has become very popular. This study investigates and comprehensively analyzes why Lyft is not on par with Uber in the US. Through the analysis of the past three years, that is, since the epidemic, compared with Uber, the shortcomings exposed...
Proceedings Article

Study on Network Structure Evolution of High-Quality Development in Beijing, Tianjin and Hebei Based on Social Network Analysis

Hongyun Zhou, Yang Liu, Ying Sun
Scientific analysis of the spatial links of the Beijing-Tianjin-Hebei urban agglomeration and the economic connection network it constitutes will help promote the high-quality development of the Beijing-Tianjin-Hebei economy. This paper constructs an indicator system for high-quality economic development...
Proceedings Article

Study on Real Time Auditing Mechanism of Innovation and Entrepreneurship Policy Implementation in Universities

Yue Huang, Xinyi Huang
Nowadays the implementation of innovation and entrepreneurship policies in Chinese colleges and universities is not implemented successfully, and the effect is not good. So it is necessary to audit and supervise it in order to optimize the effect of innovation and entrepreneurship education in education...
Proceedings Article

Forecasts on Best Investment Portfolio for Healthcare Companies Based on ARIMA and GARCH Models

He Gong, Rei Hong, Zhuoran Li
Healthcare stocks have increased due to the testing and treatment costs and many other factors caused by the COVID-19 pandemic since 2020. This paper constructs portfolios to minimize the risk and maximize the returns of healthcare stocks. Moreover, to enhance the performance of the initial portfolio,...
Proceedings Article

The Impact of Covid-19 Pandemic on the Pharmaceutical Industry

Evidence From Fosun Pharmaceutical

Yiting Hu, Ziting Huo, Ximiao Zhai, Ziheng Zu
On March 11, 2020, the World Health Organization declared the 2019 novel coronavirus disease (COVID-19) a global pandemic. This pandemic is bound to have a significant impact on the health market, and pharmaceutical industry, which may bring huge business opportunities or threats to pharmaceutical manufacturing...
Proceedings Article

Research on Theory and Practice of China's Economic Modernization

Yanjiang Guo
Economic modernization is an important part of socialist modernization. Without economic modernization, there will be no prosperous and powerful modern socialist country. As the most populous country in the world, China’s economy has undergone tremendous changes since its founding. However, realizing...
Proceedings Article

Research on Factors Influencing High-Net-Worth Individuals in Asian Countries to Choose Family Offices in Singapore

Xiaoyu Dong
In recent years, the number of high-net-worth individuals has been increasing. Many high-net-worth individuals are concerned about wealth transfer, preservation, and appreciation, so they wish to take advantage of family office services to make their expectations come true. This article adopts secondary...
Proceedings Article

An Analysis of the Vast Gap in Application Scope Between Piece Rate and Efficiency Wages in Recent years

Yang Zhang
Piece Rate and Efficiency Wages, two categories of incentive systems, which are based on similar economic hypotheses and both win high recognition in their early stages, have had an enormous gap in the scope of application in recent years. This essay elaborates on the reasons from both internal and external...
Proceedings Article

Seeking Chinese Opportunities from International ESG Investing Research

Jingjing Fan
In recent years, the concept of sustainable development and green development has gradually taken root in the hearts of the people, and the performance of enterprises in environmental, social and corporate governance (ESG) has received extensive attention from all walks of life. ESG investment has shown...
Proceedings Article

The Capital Structure Through the Trade-Off Theory: Evidence from Chinese Firm

Xinyu Deng
For a long time, studying financial structure has been a crucial and essential issue in the finance industry. The major goal of this study is to use the Trade-Off Theory to identify the capital structure of Chinese firms. This paper analyzes the determinants of capital structure of Chinese Firms through...
Proceedings Article

Analysis of Estée Lauder’s Operations and Forecasts for the Future Based on Financial Statements

Yingying Fu, Jiayin Li, Chuyue Wei, Siyun Yuan
Estée Lauder (ESTĒE LAUDER) One of the world's largest skin care, cosmetics and fragrance companies. It was the forerunner of the Estée Lauder Companies, founded by Estée Lauder and Joseph Lauder, and has grown to become the world's largest skincare, cosmetics and fragrance company, and is...
Proceedings Article

Enterprise Tax Burden and R&D Investment: Evidence from Chinese GEM Listed Companies

Yingxuan Liu
R&D investment costs a lot of funds, which is the fundamental driving force to maintain enterprise competitiveness and innovation ability. As a rigid expenditure of enterprises, tax revenue will reduce the free cash flow of enterprises to a certain extent. The relationship between the degree of enterprise...
Proceedings Article

Research on the Influence of Mixed Ownership Reform of State Owned Enterprises on Corporate Performance—Taking Yunnan Baiyao as an Example

Yunlin Bai
At present, China has entered a new stage of development. It is clearly pointed out in the 14th Five-Year plan that it is necessary to stimulate the vitality of various market entities, accelerate the improvement of modern enterprise system with Chinese characteristics, and deepen the reform of mixed...
Proceedings Article

Research on the Development Level of Green GDP

Dahai Huang
Green GDP is the core index of the comprehensive environmental and economic accounting system, which integrates resources and environmental factors on the basis of the current GDP. With the rapid development of the world economy, people pay more and more attention to high quality GDP. In this context,...
Proceedings Article

Research on Benefits of Executive Shareholding in Development of Companies

Ruoyu Wang
As main participants of the market economy, enterprises play an important role in the market. How to accelerate the development of the company and promote the company's performance are important problems that plague the company's top management. From the viewpoint of executive shareholding,...
Proceedings Article

Research on the Compatible Development Model of International City and Street-Stall Economy—Take Shanghai as an Example

Cairou Yu
The street-stall economy is the product of the development of human society to a certain stage. It has played a certain role in providing transitional jobs for the unemployed, ensuring the livelihood of the vulnerable groups, promoting the sustained recovery, recovery of the economy and meeting the consumption...
Proceedings Article

Research on the Survival Methods for Small and Medium-Sized Enterprises in the Post-COVID-19 Era

Xintong Cai
Small and medium-sized enterprises (SMEs) outside of the internet industry (i.e., traditional SMEs) are facing more challenges after COVID-19 because of uncertainties and budget concerns brought by COVID-19 and threats from the internet sector. This paper examines how traditional SMEs can survive in...
Proceedings Article

Analyze the Effect of Improving Portfolio Performance by Integrating Science and Technology Innovation Board and Growth Enterprise Market

Based on ARIMA Model and Mean-Variance Portfolio

Yining Gao
Science and Technology Innovation Board (STIB) and Growth Enterprise Market (GEM) are developed plates in recent years, which makes both sectors full of vitality and have great development prospects in the future. This paper aims to enrich the research contents of STIB and GEM on the return effect of...
Proceedings Article

The Strategy and Competitor Analysis of LVMH

Chi Suen Lai
This article analyzes the marketing and operating strategy of Moët Hennessy Louis Vuitton (LVMH) and its competitor evaluation. LVMH is currently the biggest luxury brands group in the market. It is worth taking a deep evaluation of how LVMH expanded and its business strategy during these years. The...
Proceedings Article

Research on the Inflation Cost Evaluation and Appropriate Inflation Management Based on the Taylor Rule

Shiqing Sheng
Inflation has a number of negative effects, including the potential for reducing investment and slowing economic development due to volatility and uncertainty. Inflation can reduce an individual's savings value and shift the income away from savers to lenders and people with assets in society. When...
Proceedings Article

To What Extent Can Planning and Land Regulation Be Blamed for the Fact that, as a Young Person with a Modest Income, You Are Unlikely to Be Able to Afford to Buy a Home in Many Advanced Economies? Discuss with Reference to the Relationship Between the Supply and Demand of Housing, and House Prices

Jiaqing Wang, Zhongche Shen
This essay seeks to make the case that, while the planning process and land use restrictions may have an impact on housing costs and affordability, they are not the main issue. As the volatility of housing prices mostly depends on the balance of supply and demand, it will first discuss how much the planning...
Proceedings Article

The Secret of Starbucks’ Success in the Chinese Coffee Market: Pricing and Marketing Strategies Analysis

Junyou Liu
As one of the top three beverages in the world, the coffee industry is maturing. Starbucks started as a small coffee shop in 1971. Today, Starbucks is not only the largest coffee chain but also conveys an American coffee culture. With the rapid development of China's economy, people's quality...
Proceedings Article

Analysis of Chinese and American Banking Stocks Based on CAPM Model

Pengfei Sun, Yuhui Wang, Yumu Wang
With the increased globalization of the economy, the effectiveness of the CAPM model as applied to different economies merits further study. At the same time, with the increased use of the CAPM model in various international financial markets, it is also important to analyze the differences between the...
Proceedings Article

Research on the Influence of Customer Perceived Value on FMCG E-WOM Communication

Yihan Jiang
E-WOM(electronic word-of-mouth) has gradually replaced traditional WOM(word-of-mouth) as an important factor affecting consumer shopping due to the popularization of the Internet and the fast growth of e-commerce. Therefore, e-WOM communication is crucial for developing potential consumers. This paper...
Proceedings Article

Research on the Investment Decision in Financial Market Based on Optimal Portfolio

Ruixiao Zhao
The theory of investment decision is one of the key topics in current research. Researchers have found that each group of standard deviations and risks in the portfolio are marked in the chart, which can form an efficient investment boundary. This paper analyzes risk aversion based on the risk characteristics...
Proceedings Article

Research on Haidilao Service Marketing Strategy Management

Jiayi Liu
With the rapid development of society and economy, China's national income has further increased, and the pursuit of quality of life has become higher and higher. The development of the catering industry has also changed from the initial independent and scattered stores to the development direction...
Proceedings Article

Research on the Economic Growth Factors and Spatial Spillover Effects in Ili Kazakh Autonomous Prefecture

Haocheng Qin
Based on the Spatial Dubin Model (SDM), the spatial correlation of county economic growth in Ili Kazakh Autonomous Prefecture and the spatial spillover effect of factors affecting economic growth are discussed under the background of high-quality development. The empirical results show that there is...
Proceedings Article

Information Disclosure Quality, Earnings Management and Stock Price Cash Risk: Evidence from China

Qi Wang, An Zhai, Qingyue Pang, Haoyi Wang, Xuanqi Chu
Information disclosure plays an important role in financial market, which has a substantial impact on the earing management and stock price crash risk. The quality of information disclosed is manipulated by insider’s selective disclosure, rendering falsifications in earing management and increasing the...
Proceedings Article

Research on the Challenge and Reform of Financial Crisis in Public Debt Management

Dingyuan Zhang
After the financial crisis, the European sovereign debt crisis gradually broke out. This problem highlights the importance of public debt management. Constantly improving the current public management mechanism is the primary task of global economic governance. Based on the “Guidelines for Public Debt...
Proceedings Article

Corporate Governance Structure’s Impacts on the Level of Environmental Disclosure

A Case Study of Highly Polluting Enterprises in China’s A-share Manufacturing Listed Companies

Xinkai Wu
At this stage, any industry that will harm the environment will attract widespread attention from society, especially high-polluting enterprises. Enterprises focus on improving the transparency of relevant information and the level of environmental information disclosure (EID), reducing the damage to...
Proceedings Article

The Research About the Regional Integrated Development of China Yangtze River Delta, the Pearl River Delta and the Beijing-Tianjin-Hebei Region and the Financial Problems and Solutions of China’s Regional Economic Integration

Zhibin Tao, JiaXiao Chao
The development status of the Beijing-Tianjin-Hebei Region, Yangtze River Delta Area and Pearl River Delta Region Regional election system will be analyzed respectively. The overall development situation of the Beijing-Tianjin-Hebei Region still faces some problems compared with the Yangtze River Delta...
Proceedings Article

Research on the Application of Bonds in Financial Risk Management

Zhaoyang Xue
In order to promote the healthy and sustainable development of the financial industry as a whole and the economy, guide investors in the financial market to establish rational investment concepts and avoid the herding effect, this paper unfolds based on the existing applications of bonds in financial...
Proceedings Article

The Impact of the US-China Trade War on China’s Semiconductor Industry

Yufeng Xiao
On 4 April 2018, the US government released a list of goods subject to tariff increases, which will impose a 25% tariff on 1,333 items of US$50 billion of goods exported from China to the US, and the trade war between China and the US officially started and lasted for more than a year, during which the...
Proceedings Article

The Financial Statement Analysis of LVMH

Sihan Chen
This article analyses the commercial, financial and market performance of Louis Vuitton Moët Hennessy-LVMH, which is grand enough to become synonymous with luxury brands. So in this article, there will be a slight insight into the strategies and some subtle financial aspects of the popularity of the...
Proceedings Article

Study on the Feasibility of Finance Lease to Solve the Financing Problems of Enterprises

Qian He
At present, the financing difficulty of small and medium-sized enterprises has been troubling the rapid development of small and medium-sized enterprises. Analysis the author from the perspective of financing lease business, financing lease business process indispensable three parties - equipment suppliers,...
Proceedings Article

Marketing Channel Construction of New Media Communication Business Market Based on Cloud Platform

Yixi Zhang
With the development and popularization of the mobile Internet, citizens can watch news, enjoy entertainment gossip, search for tips, and even deal with work covered by the network, creating the era of mass participation media. In the process of information dissemination, new media attaches great importance...
Proceedings Article

How Hermes Survived COVID-19 and Recovered So Quickly?

An Analysis of Hermes’s Financial Position and Strategies

Yitong Wu
The COVID-19 outbreak has had a huge impact on the global economy, particularly the retail sector, and Hermes is no exception. However, not only did Hermes manage to avoid heavy losses during the worst of the pandemic, its performance has also exploded in the post-COVID-19 era. This paper attempts to...
Proceedings Article

Factors Influencing the Cash Holdings of Manufacturing Companies in China

Huadong Xiao
China has entered a new normal in economic development. Although China continues to maintain the title as the world’s largest manufacturing country, the manufacturing companies also faces many difficulties, one of which is to determine an appropriate cash holding level. By combing the domestic and foreign...
Proceedings Article

Is There a Soft-Skill Mismatch Between Chinese Overseas Students and the Requirements of Chinese Employers?

A Case Study of Chinese Master’s Students at Leeds University

Xuelei Mao
Chinese overseas students improve their soft-skill employability to increase their competitive edges. This research is especially focusing on exploring whether the soft skills of Chinese students who graduated from UK universities at the master’s level on the supply side meet the soft-skill requirements...
Proceedings Article

Effects of Financial Development on Real Economic Growth

An Evidence from China

Huadong Xiao
In recent years, China’s economy had reached a new normal of development, and was transitioning from a stage of high-speed growth to a stage of high-quality development. The COVID-19 pandemic had taken its toll on the global real economy. The high-quality development of China’s economy needs the support...
Proceedings Article

The Perceived Risk, Creativity Mechanism, Innovation Performance and Organizational Performance of Factoring Companies

Heng Guo
Innovation performance and organizational performance are the fundamental topics in corporate governance. An enterprise with the sound mechanism of innovation performance and organizational performance is poised for increased profitability, boosted organizational competitiveness, sustainable development...
Proceedings Article

Study on Enterprise Management Mode

Take SF Express as an Example

Shurui Yan
With the explosive development of the e-commerce industry under the COVID-19, it also provides development opportunities for the logistics industry. SF Express is China’s overall integrated logistics service provider, which transports express, express, cold, pharmaceutical, international and other businesses....
Proceedings Article

Analysis of SF Express’s Strategic Risk——Based on 2018–2020 Annual Report of Financial Statements

Chuhan Zhang
In 1993, SF Express was born in Shunde, Guangdong Province. After some years of develpoment, SF Express was listed on the Shenzhen Stock Exchange in 2017. At present, this company has become a leading enterprise in China’s express industry. Recently, SF Express released its performance forecast for the...
Proceedings Article

Comparison of Two Equity Incentive Plans of Bright Dairy

Hua Zhang, Peiyao LiuW, Bowen Zheng
The first equity incentive plan of Bright Dairy was completed and unlocked, and the second incentive plan was announced to be terminated early by the company before it expired. Therefore, in this context, this article deeply studies the difference in the content and unlocking of the two equity incentives...
Proceedings Article

The Effect of Consumers’ Environmental Awareness on Business Operations Management

Bingxin Zeng, Qian Zhang, Liyu Xia, Guangrui Tang, Jiaxu Chen, Wenhao Zhu
The technology adoption decision has always been the core issue of business operation management. Consumers are increasingly concerned about the low-carbon attributes of products and the market demand is gradually affected by consumers’ environmental awareness. Then firms’ technology investment decision...
Proceedings Article

How Carbon Emission Affects Stock Returns and Business Management in China

Xitao Miao, Nancy Li
This article explores whether carbon emissions affect the cross-section of Chinese stock returns. We find firms that could better manage their carbon emission have higher stock returns compared to their peers. On the contrast, carbon emission of firms do not have a significant relationship with stock...
Proceedings Article

Optimization of Accounting Information System for O Manufacturing Company

Based on the REAL Model

Jia Yu
Due to the spread of COVID-19, manufacturing companies are confronted with an increasingly intense market competition in the present day. In order to survive this challenging environment, many manufacturing companies are investing in smart manufacturing factories and introducing information management...