Advances in Economics, Business and Management Research

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24335 articles
Proceedings Article

Investment Research and Analysis for the Elude Company Based on POCD and SWOT Analysis

Jiangzhe Han, Ziqi Li, Hailong Lu
Investment requires significant consideration of diverse elements, especially for a new product or service in the market. Elude company is one company in the travel industry that presented an app to help people identify areas they can visit based on how much the budget. The paper uses different components...
Proceedings Article

Experiential Marketing of L’Oréal in China: A Case Study Based on Consumer Behavior of Chinese Female University Students

Bingchan Xia, Minxuan Han, Yunxi Zhu
Contemporarily, cosmetic consumption of Chinese female college students is becoming larger and larger. Experiential marketing is used extensively to attract young people. As a French company, L’Oréal (L’Oreal) is successful in the Chinese market and in implementing experiential marketing. This article...
Proceedings Article

Research on Marketing Strategies of Car buying Among Covid-19 Based on Experimental Analysis

Matengfei Fan
During the epidemic, in order to achieve sales targets and maintain quarterly performance, vehicles of various brands have reduced prices and increased sales. But in this case, it is necessary to improve the efficiency of vehicle marketing and the accuracy that customers like. From this period of time,...
Proceedings Article

Regional Disproportions in the System of US Foreign Trade

Y A Konovalova, S A Ushanov
Article is dedicated to the trade and investment cooperation of USA with EU at the present time with taking into account current conditions of international trade uncertainty caused by US’ external economic policy transformation into the direction of protectionism, «trade war» with China and potential...
Proceedings Article

The Role of Images in the Performance of Crowdfunding Projects

Xinfang Zhang
With the popularity of crowd-funding, crowd-funding provides a more convenient way for people to realize their dreams and start their businesses. At the same time, there are a large number of projects on the crowd-funding platform but they are also mixed. This paper selects popular crowd-funding projects...
Proceedings Article

A Comparative Analysis of the Credit Rating System Between China and the United States

Xinrui Li
China’s bank credit rating system, as one of the main aspects of bank control, has not yet met the international requirements for accurate measurement and effective management of credit risk, and is in urgent need of reform and improvement. Based on the relevant theories of bank credit rating, this paper...
Proceedings Article

The Influence of the Tokyo 2020 Olympic Games on the Stocks of Japanese Firms that are Sponsored

Lu Wang, Yifan Yao, Yaran Tu, Mingwei Jiang
With the 2020 Japan Olympic Games postponement, the 2021 Japan Winter Olympics has received increasing attention. The effect upon the stock market of domestic Japanese sponsors became uncertain because of the duration of the COVID-19 pandemic. This paper uses event study to analyze the influence of the...
Proceedings Article

Bidding Strategies in Online Art Auctions with Buyout Prices

Peize Dong
Online art auctions with buyout prices are extensively applied as a modified form of art auctions for breaking the limit of fixed time auction ends and combining fixed-price selling with English auctions, while numerous problems exist in the real process of these auctions since reliable information on...
Proceedings Article

Formation of the Social Revolutionary Organizations in the Far East and Their Activities Until February, 1917

V L Kuzmin, S M Nechitailov
The article discusses the history of formation Far East organizations of the Party of Socialist-revolutionaries. The influence of the salient features of region and its social structure on the popularity of the party among the local population is studied. The authors examine the activity of the Far East...
Proceedings Article

Policy Performance Analysis of Six Stability and Six Guarantees Based on Empirical Analysis

Yuchen Liu, Yunyi Qi
In recent years, China’s international situation is tense and will be affected by the Novel coronavirus in 2020. In this context, the government has put forward a policy of six stability and six protection, that should ensure the stability of employment, finance. At the same time should also implement...
Proceedings Article

Evaluation of Human Capital Development in Commerce

E R Sharko
The article considers the essence and significance of the assessment of human capital development in commercee. The author presents the basic concept of evaluation of the performance of commercial personnel of a commercial company, the calculations of indicators, as well as various scenarios of their...
Proceedings Article

Research on the Effectiveness of Donation Marketing Taking Erke as an Example

Yingtong Chen, Yifei Huang, Xi Qin
In this era of frequent natural disasters, companies should seize the opportunity to find new marketing strategies for brand development, fulfill their social responsibilities, and do a good job in donation marketing. The paper analyzes the case analysis of Erke’s donations in Henan floods and other...
Proceedings Article

On the Improvement of Techniques of Throws in Basketball Student Team

V Chibrikina, I U Alekseeva
The role of testing the players of the basketball team at the University in order to improve their skills is considered. Regular pedagogical control, analysis of test results allows the coach to determine the most effective means and methods. Used in the work. If necessary, make appropriate adjustments...
Proceedings Article

Research on Building Industry in U.S. Stock Market during COVID-19

Yiwa Lai, Feiming Qiu, Wenkai Xu, Yujing Yang
The pandemic caused by Covid-19 has created a severe global economic recession and destroyed many industries since it broke out at the beginning of 2020. However, many companies in construction material industry had an outstanding performance last fiscal year. This paper applied Fama-French five-factor...
Proceedings Article

Major Aspects of the Customs and Logistics System Development in the Eurasian Economic Union

Y V Malevich, Y N Gorbunova, N V Maslobonikova
For the further development of a single transport area, an increase in the export of transport services, the development of the transit potential of the EAEU member states and economic integration, special attention should be paid to improving transport, customs, and logistics infrastructures. The study...
Proceedings Article

Analysis of Internet Celebrity Brand Marketing Strategy

The Example of Nayuki’s Tea

Yibo Wang, Xiwen Cui, Wenxuan Zhou
With the rapid development of the Internet and economy. Internet celebrity brands have become a new generation of large economic systems. This article uses a case study method to select the Internet celebrity brand Nayuki’s tea to discuss the marketing strategy and analyze all the same Internet celebrity...
Proceedings Article

Simulating Prices of the Barrier Option Based on Black and Scholes Model

Zhongao Li, Zhinan Wang, Haokun Yao
In the financial markets nowadays, the option is one of the popular financial products that has been increasingly traded. Exotic options, including barrier options, were invented to cater to the special needs of the investors. However, the pricing model of these financial instruments is complicated,...
Proceedings Article

Optimize the Choice of Counteragent Based on the Application of the COSO Internal Control Model

E Y Selezneva, S Y Rakutko, O S Temchenko
The financial security of trading companies depends on the management of their assets, liquidity and solvency. The authors in this article recommend the formation of an internal control system using the COSO’s international approach (The Committee of sponsoring organizations of the Treadway commission...
Proceedings Article

Fin-Tech and Corporate Innovation

Evidence from China

Shuo Huang
Can Fin-Tech improve corporate innovation? Using the data of Chinese listed companies, this paper studies the impact and mechanism of financial technology on corporate innovation. The empirical results show that the development of financial technology has significantly improved the innovation performance...
Proceedings Article

An Overview of Bond Pricing Models and Duration of Bonds

Jieyi Chen
This paper presents and compares different bond pricing models, points out whether these models work well and if there are any limitations of these models, this paper concludes models for corporate bonds, convertible bonds, and zero-coupon bonds. Besides, this paper introduces Macaulay duration and Modified...
Proceedings Article

Calculation of the Tax Burden for an Automobile Enterprises

A Ryzhova, O Shirokorad, S Arkhipov
For optimum tax planning and tax risks of the motor transportation enterprises need to be able to calculate the tax burden on its activities. The article presents an analysis of the methods of calculation of the tax burden. Given the author’s definition of evaluation of the tax burden, absolute and relative....
Proceedings Article

The Predicting Power of Asset Pricing Models during Market Turmoil

Xinyuan Liu, Yunlong Ren
This paper investigates the predictive return power of three asset pricing models during market turmoil: the CAPM, Fama-French 5 factor model, and q-factor model. We select two periods of market downturns: the 2008 financial crisis and the 2020 Covid period. The models are trained before these two periods...
Proceedings Article

The Influence of “Double 11” by Anchoring Effect

Shuaitong Li
Under double 11activities, people’s desire to consume becomes very strong, and the turnover of each network platform is much higher than usual. Why can the activity Double 11 be so successful? The author analyzes this topic through literature review. The research data come from other people’s papers....
Proceedings Article

Evaluation of Gross Municipal Product on the Republic of Bashkortostan as an Economic Development Indicator for Municipalities

E R Mamleeva, M Yu Sazykina, N V Trofimova
In order to evaluate the economic development of municipalities in a region, it is necessary to find the resulting indicator, for example that could be gross municipal product (GMP). There are many methods of calculating GMP. to calculate the GMP of the Republic of Bashkortostan the article uses the...
Proceedings Article

The Influence of Advertising Co-creation on Brand Building on the Perspective of Value co-creation Theory

Run Tan
The traditional concept of value creation holds that value is an one-way output by enterprises to consumers, and consumers are only responsible for the acceptance and use. However, with the development of network economy and the diversification of marketing communication, the subject of value creation...
Proceedings Article

The Culture and Institutions: Features of Interaction and Impact on the Economy

E V Romanenko, V V Biryukov
The article proposes a methodology for studying the relationship of culture and institutions in economic processes, based on rethinking the relationship of economic culture and institutionalized forms of economic development in the framework of the intersubjective paradigm. It allows to go beyond traditional...
Proceedings Article

Macroeconomic Factors Affecting Housing Prices: Take the United States as an Example

Xinying Ding
Residential real estate takes the largest part of asset market in the United States. This study investigates how changes in macroeconomic variables affect changes in housing prices, using time series data from 191 observation samples in the United States over the past 15 years. The dataset was collected...
Proceedings Article

Research on the GameStop Stock Prices Surge during Covid-19 under the Perspective of Individual Investors

Yilin Zhao
The breakout of the covid-19 in the United States has caused significant changes in the stock market, while the proportion of individual investors’ direct trading increases. The recent Game Stop(GME) short-selling incident showed the power of retail investors, which makes people pay attention to the...
Proceedings Article

Impact of the Macroeconomic Factors on the Initial Public Offerings in the Gulf Cooperation Countries

I Aidrous, S Glavina
This paper seeks to address the question of whether local macroeconomic parameters (reference interest rate, crude oil production, stock market index, direct foreign investment, loan growth and GDP) have any influence on the numbers and volume of IPOs on an emerging markets of GCC region over the period...
Proceedings Article

Positive Effects of Covid-19--Digital economy

Meijing Su
Under sudden outbreak epidemic, the economies of countries around the world have received a severe blow. But there are good potential developments, most notably in the digital economy. In the face of various lockdown policies, the epidemic has undoubtedly promoted the rapid development of the online...
Proceedings Article

Marketing Strategies Based on the Analysis on the Features of Tool Knives

Xinglin Li
As the demanding number of descent knives grow, knives are great deal in the business market. According to a sanding gear selling company [1] Red Label Abrasive’s survey report of 100 knife maker, “ the survey indicated that the industry appears to be in good financial health. 73% of knife makers have...
Proceedings Article

Pandemic-related Impacts on Housing Market

Will the Housing Market still Perform Conspicuously during the Pandemic?

Kuan Yan
Globally, there are almost no countries unaffected by the pandemic. As governments struggle with new lockdown measures to combat the spread of the virus, the economies have to pay the price. The real estate cannot escape from this damage. This article explores why and what housing market is influenced...
Proceedings Article

Inflation in the US During Covid-19 Crisis: Cause, Current Status, and Moving Forward

Chenyu Li
This paper makes a through-out interpretation of the inflation hikes witnessed in the United States during the Covid-19 pandemic crisis. This paper incorporated economic theories and data in explaining the economic phenomenon during the pandemic crisis and predicting the future trend of inflation. The...
Proceedings Article

Regional Problems of Employment of University Graduates in Conditions of Low Entrepreneurial Activity

M K Belyaev, A V Borisov, T D Okuneva
The problem of unemployment among university graduates is a consequence of changes in the structure of production and the economy of Russia, the weakening of state control and regulation. University graduates face a lot of problems when searching for jobs, being insufficiently in demand on the labor...
Proceedings Article

Current Status of RMB Cross-border Trade Settlement and an Empirical Analysis of the Influencing Factors of Its Scale

Han Wang
This article starts with the current status of RMB cross-border trade settlement, combined with data analysis, and summarizes the share of RMB cross-border payment in the global market, the coverage of RMB cross-border trade settlement system, the normalization of RMB swaps, and the new growth of RMB...
Proceedings Article

How Do Managers Hedge Against Oil ETFs in the COVID-19 Pandemic?

Yuhan Gao, Yi Wang, Yongxi Wang
During the COVID-19 pandemic, the oil price fluctuated significantly due to dramatic changes in oil supply and oil demand, which leads to high volatility in oil-related assets and induces an urgent need to alleviate risks. We use a market neutral strategy to assess the results of hedging against oil...
Proceedings Article

Introduction of Function and Market Research About Magic Garden

Liping Chen, Tongying Wang, Qian Chen
In this paper, our team has launched a product we designed: “Magic Garden”. In this article, this work analyzed the availability of this product and the relevant information, and this work analyzed the literature we found and the content of questionnaire. After analyzing this set of data and positioned...
Proceedings Article

Scientific and Educational Centers as Factor of Activation of Human Capital in the Regions of Russia: Sociological Monitoring of Activity (Conceptualization of the Plan)

P P Deryugin, E V Strashko, O V Yarmak
Human capital in a post-industrial society is becoming the main condition for the development of society and this is facilitated by the creation in Russia of scientific and educational centers (SECs). The main objectives of the activities of such centers are to enhance the economic and social life in...
Proceedings Article

Investment in Online Learning in Russia from 2016 Through 2018

M V Makarova, D V Gubeladze, E A Sinelnikova
This study seeks to analyze public investment in education from 2016 through 2018. The paper outlines the ever greater role of online learning in the Russian education market, in particular that of the MOOCs. It further defines the role of further education and advanced training. The authors point out...
Proceedings Article

Why are Chinese High-school Girls Anxious About Their Appearances?

Zihan Yang, Honggu Zhou
Appearance anxiety has already become a common phenomenon in today’s society. Some high school girls begin to worry about their appearances and even feel anxious about the narrow definition of beauty and the influences of other people. This study utilizes online questionnaires to explore high school...
Proceedings Article

The Dynamic Impact of Financial Disintermediation on Credit Business of Chinese Commercial Banks Macro Data from China’s Capital Market

Ruixiong Qi, Li Zhang, Yan Liu, Hao Lu, Zhijun Liu, Yuanyuan Shen
Commercial banks play an important role in China’s financial system. However, financial disintermediation has a significant impact on the traditional credit business of commercial banks. The scale of commercial banks’ capital stock has been gradually diverted from the source, causing a certain impact...
Proceedings Article

Economies of Scale and Provision of Technological Efficiency in Agricultural Complexes

S M Ergin, G Mabiala, I Ya Sidorenko
The article sets forth a generalized understanding of economies of scale in agrarian production as a complex integrative phenomenon, implemented in a unity of three components – the intra-branch scale effect in agrarian production, the quality effect, the number of enterprises and the effect of their...
Proceedings Article

On the Development of the International Monetary System

Feifei Yan
In this paper, three stages of the development of the international monetary system are sorted out, and the development of the three global financial systems is interpreted. The advantages and limitations of the analysis of the world economic system at that time are analyzed. Looking at the current monetary...
Proceedings Article

Influence Mechanism of Bilili Gourmet Videos on User Interaction Intention

Gai Wenxin
Bilibili has a unique user interaction mechanism. From an empirical point of view, this paper conducted in-depth interviews with users watching Bilibili food videos, putting forward the research hypothesis and model of this paper, and designed a questionnaire, analyzed the influencing factors of user...
Proceedings Article

The Differences Between Globalization and Customized Marketing Strategies-Take KFC and McDonald’s in China as an Example

Yiling Wu
This paper aims to analyze the differences between customized and globalization marketing strategies under the context of KFC (Kentucky fried chicken) and McDonald’s in China. As most people know, KFC adopts customized strategy, while McDonald’s adopts globalization strategy when conducting transnational...
Proceedings Article

Forecasting of Need for the Human Capital for Development of Economy

V A Dolyatovskiy, L V Dolyatovskiy, Y V Gamaley
The model of calculation of volume of the materialized knowledge used in an economic system on the basis of the analysis of the used resources and the size of a gross product is provided. The model allowed to calculate return of business assets and intellectual factors and to estimate influence of a...
Proceedings Article

Explore the Factors That Influence and Mitigate Loss Aversion

Zixuan Ye
Loss aversion is another theoretical cornerstone of Kahneman and Tversky’s prospect theor, which has been applied by behavioral economists in many fields such as consumption decisions, production/supply, investment[1]. Benartzi and Thaler first tried to explain the mystery of equity premium by using...
Proceedings Article

Analysis on Changes in Exchange Rate of Egypt over Past Decades

Wenhua Mao
The exchange rate, the price of domestic currency as compared against foreign currency, may incur fluctuations according to changes in the national macro-economy. This paper analyzes alterations in the exchange rate of the Egyptian pound over the past decade by tracking the impacts of political and military...
Proceedings Article

Is Industrial Policy Still Applicable Today under Globalisation?

An Analysis of the Main Issues in Developing Countries

Xianni Ding
Although some countries or regions in East Asia achieved rapid economic development through the use of industrial policies after the Second World War, other countries or regions followed rarely succeeded. The effectiveness of industrial policy has become an important topic in academic research, but the...
Proceedings Article

The Strategic Choice of Hangzhou to Cultivate the World Advanced Manufacture Industry Cluster

Haiyan ZHOU
The world advanced manufacture industry cluster is the advanced manufacture network with the same target and mutual benefit, integration and connection, which is established on basis of the professional work division requirement, and could occupy the industry highlands worldwide. The cultivation of the...
Proceedings Article

Professional Education and Training of Employees: On the New Doctrine of the Institute of Labor Law

A Y Petrov, A S Lada
The article examines the correlation between the concepts of “professional education”, “professional teaching”, “professional preparation”, “qualification”, fixed in the Labour Code of the Russian Federation and the Federal law “On education in the Russian Federation”. In the Labour Code of the Russian...
Proceedings Article

Completing Market with One Step Trinomial Model: A European Call Approach

Yang Kuang, Chengqian Lin, Nan Yang
The fundamental defect of the market constructed under a trinomial tree model lies in its incompleteness with initial risk-free and risky assets only. This paper analyzes the first-step probability behaviors of the trinomial tree model and summarizes how could introduce derivatives being a general solution...
Proceedings Article

Research on the Impacts of Covid-19 on U.S. Medical Industry Based on Fama-French Five Factor Model

Yunqi Huang, Yi Li, Ruolin Wang, Haoran Zhao
Under the dramatic impact of Covid-19, the global economy has decreased sharply, and many countries have experienced negative economic growth during the pandemic. This study uses Fama and French Five-Factor model to investigate the reasons causing these changes and provide referential suggestions on...
Proceedings Article

Theoretical and Practical Problems of Legal Regulation of Registration and Implementation of Transport Passenger Taxi and Taxi Ordering Service

A S Lada, I K Voronin
This article analyzes the issues of legal regulation of activities and registration of a passenger taxi. Considering the provisions of the law draft, the authors conclude that quite a lot of gaps in the law draft, in particular, the law draft does not grant the right to self-employed be carrier, there...
Proceedings Article

The Influencial Factors and Economic Consequences of Corporate Investment Efficiency: A Literature Review

Jianyang Hu, Meixuan Kong, Keyun Wang
With the rapid economic development and fierce competition, the top priority of listed firms will be given to investment efficiency. This paper reviews the relevant literature on the factors affecting the efficiency of corporate investment and its economic consequences. First, this paper presents the...
Proceedings Article

A Study of the Impact of Chinese Star Cai Xukun Starring in the Prada Commercial Code Human on Chinese Young Consumers

Ji Shenran
Prada is an Italian luxury brand founded in 1913 that offers high-quality leather goods, clothing, and footwear for men and women. On May 31, 2019, Prada’s official Weibo announced that the famous Chinese singer Cai Xukun became its Chinese spokesperson. Cai Xukun is a singer and actor who is popular...
Proceedings Article

Risk Management at Implementation of Social Projects of Public-Private Partnership

V I Shubina, L Y Shemyatikhina, M V Evseeva, K S Shipitsyna
In twenty years of establishing the foundations of the market economy in Russia, the main problem of innovative development has not been solved - attracting investments for the purpose of sustainable modernization and innovative acceleration. In order to attract investments and services of private business,...
Proceedings Article

Valuation Analysis of Listed Brand Jewelry Companies Based on Free Cash Flow Model—Taking Zhou Dasheng (stock code 002867) as an example

Jiyi He
Unsuccessful acquisitions usually occur in China’s jewelry industry. Because of this, according to the characteristics of the jewelry industry, this paper selects the free cash flow model to measure the value of the entity. Taking Zhou Dasheng company as an example, this paper introduces it by using...
Proceedings Article

Strategic Management and Financial Analysis in the Context of Epidemic -- A Case Study of Coca-Cola Company

Hongshan Geng, Nanyi Jiang, Qianwen Liang
The subject of this article is to analyze the financial statement and corporate strategy of Coca-Cola (referred to as KO) Company during the COVID 19 epidemic. The two main analysis methods are quantitative and qualitative analysis. The quantitative analysis uses ratios and Dupont to analyze Coca-Cola’s...
Proceedings Article

Research of the Far Eastern Financial Center: Problem Analysis and Outlook

A O Pavlov, Yu A Levin
The research of the Far Eastern financial center in the context of the analysis of investment and business regional problems based on statistic information. The key factors are assessed that ensure the development of financial market and competitiveness of the investment climate in the Far East. It has...
Proceedings Article

The Impact of Chinese Public Pension on Family Pension

Yi Zhang, Yue Yang
Based on the China Health and Retirement Longitudinal Study (CHARLS) survey data of 2015, this paper analyzes the impact of public pension on family support from the perspective of the urban-rural difference by applying fuzzy regression discontinuity design. Wherein, family support is divided into three...
Proceedings Article

Research on the Current Situation and Future Trend of Web Celebrity E-commerce Live Streaming Industry

Jinqi Zhang
This paper first explains the specific definition of live e-commerce, and further combs the development process of the industry. In terms of current situation, the author analyzes China’s online Red economy live e-commerce industry from both sides of demand and supply. On the demand side, this paper...
Proceedings Article

Comparative Analysis of the Main Features of the Professional Income Tax: Russian and Foreign Experience

V V Ponkratov, N N Bashkirova, E V Ryabova
The article highlights the issue on taxation of income gained by self-employment activity. This issue is frequently considered as a problem for many countries. Thus, study of successful practices of different developed countries may be useful for working out the national effective taxation system concerning...
Proceedings Article

Celebrities’ Different Levels of Impact on Fan Economy

Yishengna Wu
With the booming development of the entertainment industry, various celebrities are also using their advantages to gain the attention of their fans, and at the same time, the fan community is also growing and expanding rapidly. “Fan economy refers to the consumption behaviour of fans for adoring idols....
Proceedings Article

The Mechanism of Infrastructure Mortgage and Evaluation of Its Performance in the System of the Regions Economic Growth Ensuring

E Grinko, A Bubnova, N Alesina
The article presents the theoretical and methodological foundations of financing infrastructure projects, the current state and problems of the development of infrastructure mortgages which based on the mechanism of public-private partnership in Russia. A theoretical approach to clarify the conceptual...
Proceedings Article

Research on the Relationship Between High Tech Company Stocks & Investment

Take Workday Company for Example

Jiayi Chen, Shuyi Li, Junye Liang, Kunru Yi
This paper presents a stock investment strategy that can be applied relatively effectively under the current situation. We propose to design this recommendation based on the analysis of three main fields: finance, economics, and marketing. We examine and identify the damage extent of COVID-19 towards...
Proceedings Article

A Review of the Market and Innovation Directions of Mobile Games Economy

Qingyang Tian
This article mainly discusses the current situation of the mobile game market and the direction in which it should move in the future based on the newly promulgated laws and regulations restricting minors. Based on previous papers, this article summarizes the current downturn in mobile games, analyses...
Proceedings Article

Indicative Assessment of Reliability of Investment Climate of the Territory: An Important Condition of Engaging of Investments Into Economy of Regions of the Far East

S V Shishmakov, V T Shishmakov
Method of assessment of reliability of investment climate by means of calculation of the system of indicators consisting of objective indicators, indexes, the generalized indicators of the integrated groups of indicators and a general indicator is given in article. The indicator analysis allows to estimate...
Proceedings Article

Financial Crisis Prediction in Chinese Real Estate Industry from Cash Flow Perspective Based on Machine Learning

Yuchen Han
This paper is aims to establish a financial crisis prediction model in real estate industry. The data was acquired from financial statements of 125 listed real estate companies in China from 2013 to 2017 and listed companies marked with ST or ST* are regarded as enterprises in financial crisis. Since...
Proceedings Article

The Global Trade Under the Circumstance of Pandemic——Taking China as an Example

Haoqing Yang
During the pandemic, the global trade has been affected a lot. Under the circumstance of the pandemic and the decreasing gross value of global trade over the world, China’s foreign trade has increased in 2020. The research has examined mainly on China’s foreign trade in order to analyze the causes and...
Proceedings Article

Current Status and Prospects for Development of International Tourism in the Arab Republic of Egypt

Selim Mohammed Salah Eli Din
Currently, international tourism is a significant factor of sustainable socioeconomic development for most countries of the world, including Egypt. It ensures growth of the GDP, exports, investment, including foreign investment, and less unemployment. It also activates private entrepreneurial initiative....
Proceedings Article

The Influence of American Consumption Habits on the Theft of American Credit Cards

Mengling Wei
Credit card payment has been flourishing in marketing transaction in the United States for decades, while variety of consumer behavior and digital development bring about new impacts on financial theft. The gender, the credit card knowledge, and country-based institutions would be some significant consumptions...
Proceedings Article

Detecting the Influencing Factors of Maize Production in China during 2009-2019

Yuqiao Sheng, Ziyi Li
The maize market in China has improved and the productivity of maize in China has increased through the past decade. We studied the influencing factors of maize production in China during 2009-2019 by multiple regression, including mechanization, planting area, drone application amount and price change....
Proceedings Article

Analysis of Synergistic Effect Based on Regional Fintech and Regional Inclusive Finance

Lin Luo, Chuanhao Wei, Ruijie Xu
Fintech not only brings impact to the traditional inclusive finance, but also provides a new direction for its development. There is a synergistic effect between them. This paper selects several fintech and inclusive financial indicators to reflect the order parameter and uses AHM (Attribute Hierarchy...
Proceedings Article

Evaluation and Prediction of the Business Continuity Risks

N A Kazakova, M P Bobkova, A E Sivkova
The practice of applying international audit standards and assurance tasks requires continuous improvement of methodological tools. In the digital economy, when modern software and technology platforms are being actively introduced in business, audit and consulting sphere, science-based methods for assessing...
Proceedings Article

Exploring the Choice Behavior of Catering Consumers According to the EKB Model

Yao Shen
This paper using the pioneering Engel, Collet, and Blackwell model, describes five continuous decision-making processes, problem identification, information search, evaluation of alternatives, purchase decision, and post-purchase behavior, to explore how catering consumers make decisions. Through the...
Proceedings Article

On the Continuity of Engineering Training in the “School-University” System Based on the Creation of a Center of Modern Competencies

O B Golubev, V A Testov, E M Ganicheva
Technological education of schoolchildren is currently a priority for the development of educational systems. Intensive development of nanotechnologies, robotics, biotechnologies requires improvement of competences of scientific and technological personnel, integration of knowledge and various directions...
Proceedings Article

Research on the Evaluation Index of Digital Transformation Level of Manufacturing Enterprises

Le Zhang, Juhong Chen
Digitalization is the way for manufacturing enterprises to achieve transformation and upgrading, and there is no unified standard for how to assess the level of digital development of manufacturing enterprises. Based on summarizing the existing research on the degree of digital transformation of manufacturing...
Proceedings Article

Research on the Measurement of High-Quality Development Level of Cultural Industry in Shandong Province

Jiaming WANG, Shuyan LIU, Yunfei ZHANG, Xueyi DU, Chengyao LIN
With the vigorous development of cultural industry, there are some problems in the development of cultural industry in Shandong Province, such as large investment, low efficiency, unbalanced resource allocation, lack of human resources and weak public cultural awareness. How to maintain the high-quality...
Proceedings Article

Does Internal Control Reduce Firms’ Stock Price Crash Risk? Evidence from China

Siru A, Zefeng Huang, Junhao Wang
Under a unique setting in China, the success of internal control is dependent upon whether the informational and disciplinary role it serves effectively manages risks. Using the data from the China Stock Market & Accounting Research database and Dibo databases, the relationship between internal control...
Proceedings Article

Socio-Demographic Features of Business Environment of Dnieper-Dvina Region

A Kuzavko
The article includes the results of a study of the business environment of the Dnieper-Dvina region (Smolensk, Vitebsk and Mogilev regions) for the period from 1992 to 2018. The article substantiates the allocation of three regions of the Russian-Belarusian border in a separate region. The integration...
Proceedings Article

The Impact of Analyst Coverage on Corporate Innovation: A Literature Review

Zihui Huang
This literature review examines the impact of analyst coverage on corporate innovation. The effect of analyst coverage has been discussed more frequently in recent years with the development of social media. Financial analysts play an essential role as information intermediary agents and monitoring forces,...
Proceedings Article

An Empirical Test of CAPM before and After the Pandemic Outbreak

The Case of American Stock Market

Chenyu Xiao
In the context of the COVID-19 pandemic, the validity of the Capital Asset Pricing Model (CAPM) in the U.S. stock market before and after the COVID-19 pandemic outbreak is tested, aiming to help investors have a deeper understanding of the relationship between risk and return in the stock market when...
Proceedings Article

Industrial Internet Based on Value Co-creation Theory Platform Ecosystem Innovation Strategy Research

Take Zhejiang Bluetron’s supOS as an Example

Hu Qiantao, Wang Jiexiang
Industrial Internet is the core of intelligent transformation of China’s manufacturing industry, and the implementation of intelligent manufacturing and the construction of industrial Internet platform services is also the main direction of digital transformation development of manufacturing industry....
Proceedings Article

Energy Efficiency and Environmental Friendliness of University Campuses

Y Podoprigora, T Zaharova, A Eliseev, D Crozat
The article discusses theoretical foundations and practical applications of the program-oriented method in the context of university campuses’ energy efficiency improvement. Best practices of foreign and Russian universities in the field of energy and resource efficiency are considered. In Russia, the...
Proceedings Article

Analysis of China’s Takeaway Industry in the Context of the Epidemic

Aotian Tang
China’s food delivery market has grown rapidly over the past decade, growing more than 30-fold since 2011. Amid an overall decline in the restaurant industry due to the widespread coronavirus, the takeaway industry has continued to grow steadily, injecting new life and vitality into the market. Behind...
Proceedings Article

Professional Stress Management Among Officials at Customs Authorities

K V Trubitsyn, O Y Kalmykova, Y N Gorbunova
The article deals with the urgent problem of managing the professional stresses of customs officials. The study presents the types of organizational and social conflicts while in the performance of duties. Stress factors and factors of personnel risks in the personnel management system and in the labor...
Proceedings Article

Board Gender Diversity and Corporate Cash Holdings: Evidence from China

Gehui Cheng, Lingyu Wang, Bingyuan Xiang
As gender diversity is increasingly valued in corporate governance, we investigate the impact of board gender diversity on corporate cash holdings. We infer a positive correlation between board gender diversity and corporate cash holdings. Combining single factor analysis and baseline regression analysis,...
Proceedings Article

Analysis of the Development and Trend of Liquor Industry in China

Qingyang Chen, Qi Hong, Weiyuan Jiang, Zihan Zhou
The liquor industry has distinct development characteristics, the number of enterprises above the designated size is decreasing. The concentration trend of the industry is obvious and the volume of production and sales is showing a declining trend year by year, which reflects the change of market supply...
Proceedings Article

The Role of the Health System in Changing Public Health Behavior Strategies

I A Gareeva, T V Gutik
The Socio-economic changes in the modern health care system cause changes in the strategies of behavior of subjects of the system “doctors – patients”. Problems of human resources in the health system are currently characterized by shortage, insufficient qualifications, regional disharmony. The data...
Proceedings Article

OLS Model Based Research on Influential Factors of Financial Performance for Chinese Technology Companies

Fangfei Jiang, Zhao Xi
Based on 459 Chinese listed technology companies from the RESSET Finance Database, this paper explores the influential factors of the financial performance of Chinese technology companies. With the application of statistics software, the data are processed through Person correlation and OLS regression...
Proceedings Article

The Relationship Between Culture and Entrepreneurship

“Research of Coca-Cola’s development& strategy in Mainland China Market”

Haoyan Jin, Fengyi Ren, Hanqiu Zhong
This research is based on the situation of international trade. Since more and more transnational corporations expand businesses worldwide step by step, our research group are getting more and more interested in the situation of obstacles and drawbacks when transnational companies plan to enter a new...
Proceedings Article

The Role of System-Forming Committees at Boards of Directors in State-Owned Companies (PJSC) in the Russian Federation

K K Pozdnyakov, A V Averin, Yu O Ivanova
To ensure the effective work of the board of directors in accordance with the best management practices in the field of corporate governance, it is required to organize and improve the work of committees. The subject of this paper is important and interesting also in that in the majority of mid-sized...
Proceedings Article

Establish Outsourcing Management System in R&D Institute

Xin ZHAO
As the main part unit in R&D project,the research institutes accessing resources by the way of contract. Set up one model of relevant stakeholder department by the rules and analyse its feasibility.
Proceedings Article

International Trade Liberalization and Protectionism: A Review

Jingyao Fu
Trade liberalization and protectionism have different characteristics and functions. Under the background of the epidemic outbreak and economic crisis, the global economy is affected detrimentally. How to effectively speed up economic recovery and promote future economic development through international...
Proceedings Article

Game Study on Third-party Payment Platform and Bank

Yuchu Zhang
With the popularity of mobile payment, there are more and more third-party payment platforms. People’s payment methods are gradually separated from the traditional banking business and choose more convenient third-party payment platforms. As a result, these platforms pose a significant threat to banks,...
Proceedings Article

Opportunity Costs, Leadership, and Cooperation in Strategic Alliances

I S Kukaev, C JF Candido, A M Makarov
This paper presents a model of behaviour in strategic alliances, the iterated assurance game model with an exit option. From the literature review and the derived model, several hypotheses are proposed and then tested using Wilcoxon rank sum tests. Data was collected from self-administered questionnaires...
Proceedings Article

Analysis of Development of Birth Control Policy in China Under Economic Perspective

Xinyi Wang
The fertility restraint policy in China was officially announced in 1979 and still has continuous updates in recent years, intending to maintain continuity and stability of the demographic structure in China. This paper studies the economic effects of the birth control policy in China on the whole country...
Proceedings Article

A Systematic Literature Review on the Traditional NPV Model and Its Improved Versions

Qiyu Li, Qingyang Li, Donghan Xu, Shuyan Zhou
Based on the analyses of the usage scenarios and limitations of the traditional NPV model, this paper aims to introduce and compare three kinds of the most practical and representative versions of the improved NPV models. In this study, the traditional NPV model is first introduced; followed by analyses...