Proceedings of the 2018 International Conference on Education, Economics and Social Science (ICEESS 2018)

Session: Economics and Management

12 articles
Proceedings Article

New Trend of International Trade Friction and the Countermeasures - A Case Study of Sino-US Trade Friction

Lu Wan, Yizhong Fu
The world had seen a good trend of goods and service trade in recent years. However, trade frictions came up frequently, and especially occurred between some giant economies. This brought up uncertainty to relationship of nations and would hinder the global trade and productions. In this paper, we first...
Proceedings Article

On Status Quo and Choices of Development Paths of County-level Community Banks

Liang-xin Li, Lu Wang
Through investigate on different financial development at home and abroad, it is found that a sound and complete financial system is a common practice which includes large commercial banks, small and medium-sized banks, and various types of bank financial institutions. Only in this way can the entire...
Proceedings Article

Stochastic Dominance and Index Fund Investment Decision

Kai Shi, Tianfeng Qi
The concept of stochastic dominance provides a more general evaluation criterion for expected utility under uncertainty. This paper discusses the investment choice of index funds in light of the concept of stochastic dominance. It is found that small and medium-sized board index funds provide greater...
Proceedings Article

Association between Transparency and Donation Revenue of Charity Foundations in China - Using a Quantile Regression Method

Pu Jian, Jinghua Zhang, Pinxiao Zeng, Xi Lan
Using 6,035 charitable organization observations during 2010-2015 from Chinese Foundations Center ( CFC ) database, this study applied quantile regression method to examine how the transparency of CFs is associated with the donation revenues ratios across low and high percentiles. While the OLS result...
Proceedings Article

Does Corporate Philanthropy Contribute to Product Market Competition? - The Complementary Role of Advertising Investment

Bing Hu, Ouyangying Tu
Despite the relationship between CSR initiatives and firm performance has been a subject of extensive investigation, existing research rarely focuses on the complementary role of advertising investment in exploring the boundary mechanism for the financial implications of corporate social responsibility....
Proceedings Article

Binary Classification for Teacher Donor’s Project

Yunwei Zhang, Zibin Zhang
Classification always plays an important role in statistical machine learning, which contains both binary classification problems and multi-label classification problems. This article focuses on binary classification models including natural language processing for text objects to help teachers to improve...
Proceedings Article

The Effects of RMB Internationalization on Balance of Payments in China

Yinghua Ren, Xiaomin Yuan, Wanru Zhao
This study investigates the effect of RMB Internationalization on balance of payments (BOP) by using structural vector autoregressive model (SVAR) with data from January 2010 to December 2017. Empirical evidence shows that RMB Internationalization and RMB real effective exchange rate is the Granger causality...
Proceedings Article

Research on Optimization Model of Investment Projects Based on Information Entropy

Wei Liu, Miaomiao Cui
There are many uncertainties in the optimal decision-making of project selection. This paper constructs a mathematical model of multi-index evaluation based on information entropy, and combines the objective information of investment plan with subjective experience to quantify the composite weight coefficient....
Proceedings Article

Literature Review of Cross-border M&A Performance Test and Path Selection by Chinese Banks

Yan-liang Zhang, Xiao-ye Zhang, Le-ya Zhang
In the course of the development of the international banks, cross-border M&A has become one of the main methods of its realization of international operation. With the opening of China's financial industry on Dec.11th in 2006, international financial service trade has entered a new era. Faced with the...
Proceedings Article

Empirical Research on the Efficiency of Shaanxi Technology Finance to Support Technological Innovation

Huining Jin, Jie Duan
This paper studied the input-output efficiency of technology finance resources to technological innovation in some areas of China by DEA-Malmquist empirical method. Through comparative analysis, it is found that the average comprehensive efficiency of Shaanxi was 0.89 in the past decade, which is at...
Proceedings Article

Analysis of M&A Performance of Internet Classified Information Enterprises - A Case Study of 58.com

Yanqin Li
Taking the M&A of 58.com as an example, this paper studies the selection of M&A strategies and the financial synergies of M&A. The results show that the series of mergers and acquisitions in 2014 and 2015, including horizontal, vertical, diversified strategies and brand acquisitions, have declined in...
Proceedings Article

Self Sale: Promotion of Tour Guide Service From Tourism Psychology Perspective - A Case Study of Shenzhen China International Travel Service

Haijun Xu, Min Zhang, Yanhong Liu
As smokeless industry and invisible trade, tourism industry has been developing quickly in recent years. However, the rapid expansion has caused a lot of problems and tourist complaints has been increasing. Tourism psychology is a new discipline of psychology applied in the field of tourism, plays an...