Knowledge of the risk-neutral distribution of the cumulative return with respect to the model used, is needed in European option pricing. Duan, Gauthier, Simonato and Sasseville (DGSS) provided an analytic approximation model for the case where an EGARCH or a GJR-GARCH specification is used to describe...

Behavioral Corporate Finance believes that disclosure of corporate information, not only affects the corporate value but also affects the expected growth of the enterprise market investors. Investors would give the lower level of disclosure of the stock a higher level of risk. This paper selected the...

The "supply side" structural reform is an innovative reform to improve the level of social productivity and other important mission. From the perspective of public management, it is bound to deal with the transformation of migrant workers and improve the quality of employment of them in the supply side...

Under Chinese stock market crash, personal and institutional investor sentiment is out of control, which leads to the stock prices fall further. Therefore this article uses the concept of behavioural finance to study the problem. This essay uses multiple regressions to study the influence of the current...

To investigate the impact of corporate strategy differences on the value relevance of earnings management, the study use Chinese listed companies as a sample and find that the greater the degree to which a firm's strategy deviates from the industry's conventional model, the lower the value relevance...

Seasoned equity offering is one of the important funds sources of listed real estate company, there is significant correlation between the different factors in the seasoned equity offering and real estate listed company's performance after refinancing. The empirical study of 44 sample companies show...

With the development of the information technology and economic globalization, cross-border e-commerce has become a new growth point of economic development of foreign trade. It is a new driving force to promote the upgrading of industrial structure. This paper analyzes the advantages, disadvantages,...

After the 2008 financial crisis, China shows strong growth in cross-border mergers and acquisitions team, while through the number of the failed mergers cases over the years, the implement of cross-border mergers and acquisitions (M&A) of Chinese enterprises found unsatisfactory. Through a comprehensive...

Due to the Macau's rapid development of the real estate market, the average housing prices increased by about 600% in 10 years. The changes in the demographic structure also affected the housing needs, and the aging population increased to affect the housing market. Therefore this paper used the quarterly...

This paper searches the breakthrough point to improve the current dilemma of Chinese silk enterprises. Creswell (2012) stated that the case study methodology is a qualitative approach that explores one or multiple cases through in-depth data collection from multiple sources. This paper use case studies...

This paper reviews the Thai national character according to Hofstede's cultural dimension theory and Komin's nine values cluster (Psychology of the Thai people), analyses the social hierarchy of Thai consumers according to the Luxury 4P Taxonomy (Han et al., 2010), integrates the Theory of Cultural Capital...

As an important variable of national economy, the balance of payments reflects the transnational flow of physical resources. Therefore, it is very important to predict the risk of the imbalance of international payments. Based on the balance of payments data from 2003 to 2012 in China, this paper uses...

This paper analyzed the punishment bulletins released by CSRC against accounting firms and CPAs from 2001 to 2016.We use statistical manners to demonstrate the different types, reasons, penalty speed and penalty intensity of those cases. Chinese administrative penalty has its own characteristics and...

Cross-border mergers and acquisitions are the necessary prerequisites to expansions overseas of China state-owned energy enterprises. By using modern enterprise strategic tool "SWOT analysis", this paper has an in-depth analysis of the cross-border M&A of China state-owned energy enterprises, which contains...

This paper conducts the research based on the data of 75 listed companies of Chinese mining industry in 2015. The disclosure of environmental information was extracted from the published annual report information, independent social responsibility report. The listed company size, profitability, financial...

To provide reference for market participants and policy makers, this paper introduced the present situation of art auction market, summarized the main methods of Chinese artwork pricing, analyzed the existing problems of artwork pricing in China and put forward suggestions to perfect present pricing...

Cost control is a systematic project, which can directly reflect the level of enterprise management. It is an important indicator of the core competitiveness of enterprises. Along with the further development of the globalization, the competition between the enterprises become more fiercely. Enterprises...

With the rapid development of agricultural industrialization and agricultural informatization, the impact of e-commerce on agricultural economy is becoming more and more important. It brings new features such as high efficiency, low cost and no limitation of time and space to agricultural development....

Along with the prosperity of the market economy, enterprises become more and more concerned about cost in the process of continuous pursuit of interests. Consequently, the internal control of cost gets particularly important. For this reason, the state has also issued a draft for internal control of...