Advances in Economics, Business and Management Research

In a speech to the National Assembly on 28 October 2020, South Korean President Moon Jae-in announced that South Korea would become carbon neutral by 2050. Since then, how to achieve carbon neutrality has become a common topic of discussion among Korean scholars. This paper focuses on the policies related...

A problem of giving a quantitative evaluation of how the human capital affects the level and dynamics of the innovation-driven technological development of economic production systems of various levels, including manufacturing enterprises, has not yet been expressly solved. This fact lowers the scientific...

Queensland government tried to innovate and improve the payroll system, but there were many loopholes in the operation of the project. In fact, from 2015 to 2020, about a quarter of the state’s public health workers have to bear outstanding debts due to the Queensland Government’s overpayment of about...

General management mainly includes policy management, safety management and financial management. Under the background of COVID-19, general management has played an important role in maintaining the order of our life. Road traffic and transportation management is one of the best examples. Under COVID-19,...

Nowadays, real options derived from financial options are increasingly used in asset pricing. However, with different business models varied by companies, the existing real option pricing models are unable to be generally adopted. This paper addresses the problem of asset pricing under the impact of...

This article sets out to discuss an analysis of different methods of assessing risks in relation to universities. The study focuses on a review of qualitative and quantitative methods of assessing risks, and an analysis has been made of the possibilities of using these methods for the purpose of assessing...

Under the financial crisis, the demand decreases significantly in the whole economic market, while the amount of consumption in the whole luxury economy market is not clear yet. This article is mainly based on two perspectives of direct and indirect impact to explore the positive promoting effect and...

The article sets out to consider assessment of risk manageability in institutions of higher education. The study examines a classification of external and internal risks characteristics of the universities, the technology of expert assessment of risk manageability. The methodology of determining the...

Influencer marketing considered an emerging marketing tool has been used by most of the large corporations and developed a few branches such as public traffic pool strategy as well as influencer marketing strategy. Private traffic pool strategy is one of them. Normally, this method suits companies with...

Instead of buying the stocks or shares directly, the call option gives a chance for owners to buy it at a specific predetermined price, which prominently decreases the risk for the customers. Thus, it plays a significant role in the economic market and be widely used in a considerable number of financial...

With the upgrading of residents’ consumption level and the popularization of overseas e-commerce platforms, the development of Chinese cross-border e-commerce has new opportunities. However, under the influence of the China-US trade frictions, Chinese cross-border e-commerce development in the United...

The author presents the results of a scientific study and assessment of the current effectiveness of modernizing regional strategic planning in the context of updating the general concept of public administration and in the context of the formation of a digital public administration platform in the Russian...

Innovation and Foreign Direct Investment (FDI) are two major sources of economic growth. The State Council’s executive meeting urged further taking forward the nationwide initiative spurring innovation to unleash social creativity. Empirical studies of FDI effects on innovation with prefectural data...

This paper explores the relationship between economic policy uncertainty (EPU) and corporate investment cash sensitivity. We find that economic policy uncertainty has a significant impact on the investment-cash flow sensitivity of firms. Moreover, these results were still robust after a series of robustness...

The digitization of rural industries is the core of the construction of digital villages. It is a new driving force for realizing rural revitalization, promoting the transformation and upgrading of industrial structure. Based on the analysis of the status and progress of the digital development of rural...

The paper is focused on economic adaptation of migrants which is understood as the process of their integration into the economic system of the host community. It involves the acquisition of knowledge about its functioning, assimilation of economic norms adopted in it, formation of practical skills of...

Yulife is a British insurance company and it has had some successes in Britain. The main products of Yulife are B2B and B2B2C insurances. Yulife has its unique application for its customers, which is one of the largest advantages of Yulife. This article uses PEST and SWOT to analyze Yulife. According...

After exercise, people usually seek for a way for relaxing muscles. Otherwise, their muscles and joints will become stiff. If this situation continues for a long time, it will cause great damage to people’s body. And the fascia gun is a convenient and inexpensive way to effectively relieve muscle pressure....

The article proposes to use a new form - outsourcing project, as opposed to the traditional form of work under individual contracts, which includes work on several stages of the life cycle, for the development of complex scientific and technical products. At the same time, the calculation of the cost...

With the development of e-commerce platforms, online shopping has brought many conveniences and benefits to consumers, and more and more consumers have joined the ranks of online consumption. Large-scale e-commerce and frequent merchant promotions have stimulated consumption, causing transaction records...

Since the Third Scientific and Technological Revolution, with the development of society and the continuous upgrading of information technology and the increasing awareness of environmental protection, people value the high efficiency of industrial products in terms of energy efficiency and environmental...

The main source of financing for non-profit organizations managing housing stock is the maintenance fees of apartment owners, calculated in proportion to their share in the right of common ownership of this property. Therefore it is important for such organizations to control the receivables of apartment...

In today’s environment, deciding whether to invest in a business usually requires evaluating the market value of the business. For start-up companies, it is difficult to find an effective way to analyze the market value of a company and decide whether to invest. In this research, we propose a method...

This paper asks the young Chinese consumers’ willingness and acceptance towards Artificial Meats. To do so I sent out 100 questionnaires to investigate the attitudes of young Chinese people towards the consumption of artificial meat. I received 83 questionnaires in the final return stage. The key findings...

This study examines inbound and domestic tourism as one of the most significant aspects of the socio-economic spheres shaping the country’s reputation and hospitality, as well as creating employment in this area. The article carries out a thorough analysis over several years, which covers the number...

Today, with the rapid development of Internet information technology, the platform economy (PE)model covers most areas of people’s economic life, and has caused subversion and innovation to the business model and pattern of the traditional financial industry. PE plays a significant role in the development...

Financial liberalization has been widespread since the 1970s. A series of financial crises, such as the Crisis in Southeast Asia, occurred when countries transitioned to financial liberalization. As a result, people believed that financial regulation and liberalization were a prisoner’s dilemma. By studying...

Customer focus is one of the key factors determining success of small businesses. The purpose of this study is to define the options for improving customer focus of small enterprises and their staff and to implement the tools required to that end. The article proposes both organizational and individual...

At present, the lifestyle toy industry has shown great development potential in both domestic and international markets. With the introduction of blind box products into China, the market of blind box products in China has rapidly grown to a ten million market. Since its establishment 11 years ago, POP...

Managerial economics is concerned with decision-making within an organization and how the principles of economics can be applied to this endeavor. The current research sought to determine (1) how decision-making power is distributed within organizations, (2) what type of organizational structures firms...

The paper reveals the ways and means of improving the quality of training graduates in the field of “Oil and Gas Business” through a competence-based approach implementation to the content of vocational education modernization. The article provides a rationale for the expediency of using the task approach...

The outbreak of COVID-19 in early 2020 has had a huge impact on the global economy. This paper aims to analyze the impact of the outbreak on the entertainment industry and publishing industry. Stock market data of selected industries is used for analysis, and Fama-French five-factor model is adopted...

The paper validates the fitness of taking a game-theoretic approach to modeling the process of executive decision-making in the economy in the context of the third information situation, when the probability values of the economic environment states are unknown and must be in line with the corresponding...

The popularity of Disneyland has been upswing day by day. Analysis and studies of Disneyland become more and more significant. This essay discusses the overviews of national and foreign Disneyland conditions by using the document study method. For national Disneyland, we focus on the sinicization, the...

The COVID-19 has a big shock to people’s life. It not only changes people’s lifestyle but also brings people lots of advantages and disadvantages. Workers have to switch from sitting in the office to staying at home and working on the Internet. Therefore, the effects that COVID-19 brings to remote working...

The article discusses the need for the digitalization of education in the context of developing a system of continuing professional education in North-Eastern Federal University and explores associated risks and prospects for the future, including the customizable online learning tool, tailored to the...

In recent years, whether there is independence and correlation between stocks and how to use research results to minimize risks and maximize investment returns in the stock market have attracted the attention of many economists, mathematicians, and the public. It is worthy of discussion about how to...

There are four profitable and valuable companies, Oshkosh Corporation, Intel Corporation, Arena Pharmaceutical Inc., and the Walt Disney Company, and we are choosing the most valuable one for investors to invest in. Among these four companies, the most valuable one should be determined carefully. This...

The article describes the system of modern professional education. Today includes practical training, the use of modern technologies, the use of communication technologies and the use of the experience of practicing specialists with extensive experience in these areas. The information provided indicates...

China’s registration reform took place in 2013, and a full registration system will be implemented in 2022. The registration system takes the quality of information disclosure as the core and requires IPO enterprises to disclose true, accurate and complete information. However, it is a common phenomenon...

The article deals with a problem of such an activity as summary writing of foreign texts in a nonlinguistic university. Under the focus of the author’s attention there are key transformation stages of the original text into the newly born one. The author analyses the most essential steps in summary writing...

Tik Tok creates a worldwide mania, becomes one of the most popular and successful social media platforms. The success of Tik Tok cannot take place without its strong algorithm. In combination with knowledge of Business Analytics and Economics, this essay measures how Tik Tok develops its global market...

Rivian, an American maker of electric pickups, went public on The Nasdaq on November 10, 2021, pricing at $78 and raising $12 billion. The IPO rose 29.14% on its first day, with a market value of more than $80 billion, making it the world’s seventh largest automaker. A week later it overtook Volkswagen...

Despite wide prevalence of the companies with state participation in Russia they do not often become the subject of scientific researches. There are about 1100 companies with Russian Federation as the official shareholder and more than 2000 companies with Russian regions participation. This study is...

The exchange rate is crucial to global financial markets. However, the existing literature rarely considers the impacts of the search index effects on the volatility of the exchange rate. With the gradual improvement of the realized volatility theory, researchers have found that the realized volatility...

The Great Financial Crisis was the worst financial crisis since World War II, which plunged the global economy into a full-blown and sustained recession. This paper tries to explain the smooth but slow recovery after the crisis in the U.S. by evaluating the effectiveness and impact of three prime policy...

Recently, Russian education system has begun training civil engineers according to the new educational standard, which stipulates only universal and general professional competencies. The new educational program has twice more academic hours for the development of universal competencies than the old...

Value investing research has been an important component of economic researches. Covid-19 has changed the general global economic environment and hindered normal social activities since the end of 2019, with dramatic effects on various industries. Particularly, it has brought severe challenges to the...

Economic information acts as a product. The public, legal entities and individuals are its main consumer. In this study, the authors consider the concept of economic media text and the role of language techniques used by journalists to explain economic information and fulfill all the demand of the audience....

Panic buying refers to a sudden increase in the consumption of certain goods due to perception or expectation of adverse situations. The goal of this paper is to explore the psychological factors that drive panic buying during a pandemic, more specifically, the global-wise COVID-19 outbreak. Literature...

This study explores the initial impact of the COVID-19 on the U.S. stock market. According to the daily data of S&P 500, Nasdaq and DJI, this paper investigates the reactions of the U.S. stock market when Omicron was found. In addition, to predict the future movement of the U.S. stock market, this...

One of instruments of forecasting of financial instability of regions of Russia is quantitative and qualitative estimates of interrelations between regional macroeconomic indicators. Research objective is selection of the most adequate models of establishment of interrelations between indicators of...

Gree is one of the well-known household appliance companies in China, which has now entered the era of diversification. Under the leadership of Dong Mingzhu, Gree Electric is ready to cover every aspect from home to travel. The development of the diversification of Gree Electric also means that it needs...

China’s economy has developed exceedingly fast over the years. However, behind the fast-growing economy, sustainable development seems lagging. To motivate further development in sustainable development, analysis of sustainable financing, in the scope of commercial banks, the credit providers of all...

Employees’ competitiveness in the era of digital transformation is inextricably linked with digital competencies and digital skills that raise many questions. Firstly, the researchers did not come to a unified definition of digital competencies and digital skills. Secondly, it is necessary to identify...

The development of financial technology has changed the financial format and reshaped the financial pattern, at the same time, it also brings a series of risks of traditional finance and technology finance, the importance and urgency of financial technology risk monitoring, early warning and prevention...

With the improvement of women’s social status, women try to seek higher positions in firms. The female perspective is prevalent in corporate governance researches. This study aims to figure out does gender diversity on boards influences corporate performance in China. The researcher uses panel regression...

The paper examines whether the coronavirus pandemic has affected selected hedge fund markets (Eurekahedge Hedge Fund Index, Eurekahedge North American Hedge Fund Index, Eurekahedge European Hedge Fund Index, Eurekahedge Asian Hedge Fund Index). The purpose of the paper is to assess the degree of the...

The topic of employees’ competitiveness introduces new issues into the era of digital transformation. Employees should not only to possess the necessary digital competencies, but to improve them, as well as to acquire additional digital competencies to increase their competitiveness. There is a methodology...

Based on scientific and practical ideas about regional economic integration, a modern strategy of China’s integration is presented. It is considered in the context of the initiative “One belt, one road”, proclaimed by the leadership of the country. Arguments are given that the initiative is designed...

China has a very rich wine culture, and there is even a large amount of famous wine inherited for hundreds of years. Social intercourse at the dinner table is also inevitable in Chinese culture, which means that liquor is an essential consumer goods in daily life. And the general consumer goods will...

The article presents various methods of investment performance evaluation that are currently in use. To evaluate and compare the efficiency of each financial assessment tool, three largest Russian industrial companies were selected and their six-year financial quotes were used. The evaluation findings...

The outbreak of the COVID-19 causes multifaceted disruptions and delays in the global supply chain, commodity shortages, and price increases, and may also exacerbate inflation caused by global monetary overdraft. Based on the game model, we analyze the cooperation and decision-making behaviors of suppliers...

The weighted average cost of capital (WACC) is used to estimate the profitability of the company’s capital, the rate of return of the investment project and business. Within the framework of the article, an analysis of the methods for calculating the weighted average cost of capital of a company was...

Fast food refers to popular catering that commercial enterprises quickly supply. The fast-food industry, which can be processed quickly and eaten anytime and anywhere, has become increasingly important in the wake of COVID-19. The purpose of this article is to study the different factors that affect...

It is important to figure out a company’s financial situation in order to analysis investment, borrowing, mergers and acquisitions, fraud surveys, and competitive intelligence. This is also beneficial when assessing the corporation financial situation itself. This paper studies a typical enterprise in...

The article presents a study of the predictors for successful self-disclosure of high school students’ abilities in the 11th grade. The main categories of research are presented. We substantiated the problem of the uncertainty for predictors in the context of self-disclosure of the high school students’...

Covid-19 began in 2020 in an unexpected way as the most serious global non-traditional security shock in a century. China is the first major economy to resume growth since the outbreak, and it is at the forefront of the world in terms of epidemic prevention and control and economic recovery. However,...

The Chinese cosmetic market is developing rapidly in recent years and has become one major aspect of Chinese consumption. This paper uses a multiple regression model to analyze the factors affecting the cosmetics industry in China. The paper would firstly look at related research in this field and present...

The article is devoted to analysis and assessment of the place of Russian regions in terms of labor productivity in context of the global economic space. Its main goal is to identify (empirical) patterns of acceleration or deceleration of the growth rate of above mentioned indicator on the basis of large...

In this paper, the Markowitz Model and the Single-Index Model were used to study U.S. stocks. Four industries of U.S. stocks were selected to empirically analyze the data from 2002 to 2021, and the combination selection results given by the two models under five restrictions were compared. The results...

The COVID-19 devastated the U.S. economy dramatically, which broke the largest shrank record from 1947. The U.S. stock market faced a series of huge fluctuations during the pandemic. Due to more stimulated injection policies and online communication demands, the U.S. technology industry faced a structural...

The purpose of the research is to develop practical guidelines for personnel management in an organization which would be instrumental in improving the efficiency of the personnel management system and conducive to the employees’ growth of labor productivity based on the use of digital technologies....

The Suitability Obligation is an essential legal institution in the financial market to protect investors. The Minutes of the National Court Work Conference for Civil and Commercial Trials in 2019 (“The Minutes”) has made detailed provisions on the liability determination of financial institutions for...

China’s video platforms show a good and rapid development momentum in 2019-2021, among which Bilibili is the most rapid. Its number of users has doubled in just two years and it has become one of the most popular video platforms in China. Founded in 2009, Bilibili focuses on ACG subculture. After more...

The spillover effect means that an organization will not only produce the expected effect of the activity but also have an impact on people or society outside the organization. In short, an activity should have external benefits, which the main body of the activity cannot get. The spillover effect can...

The article describes ways to improve modern Russian state financial control over organizations; individual implementation problems, the specific role of state financial control in the fight against corruption in contract system; it has also been established that today audit must be seen as one of the...

Tsingtao Beer was set in 1903 as one of the most famous and biggest beer brands in China. However, in 2020, Yang believes that the coronavirus and the quarantine policies limited tourism and also have an impact on the sale of the Tsingtao Beer [1]. This paper mainly illustrates the Sale volume changes...

The integrated development of urban and rural areas is committed to breaking the dual structure of urban and rural areas, smoothing the two-way flow of urban and rural factors, and building a new pattern of coexistence and co-prosperity between urban and rural areas.The supply of rural public goods has...

Covid-19 is the most widespread and devastating pandemic since the 20th century, which profoundly impacted the industries and the stock market, especially the service-related industries and stocks in the U.S. This paper aims to study the epidemic’s impact on service-related industries in the U.S. and...

The paper discusses the issues of sources, methods, and conditions of the formation of students’ skills in the vocational training led to the entrepreneurial behavior of graduates. It is based on the work of the students’ creative workshop “Geo-S” within engineering geodesy university course. We proposed...

Since the reform and opening-up, China’s income gap has widened rapidly. According to an analysis of the current situation of urban-rural income gaps, inter-industry, and inter-regional income gaps, it is essential to pay more attention to redistribution which leads to the income gap. This paper believes...

Management of products quality needs from a producer to decide following tasks: technologies of production, economical issues, management of purchases. All these tasks are aimed on the obtaining of a rational quality level of products. For this various methods and models for monitoring a quality of product...

The Phillips Curve is a well-known concept in macroeconomics, where the relationship between the unemployment rate and wage growth is a dominant element. The purpose of this study was to explore the failure of revealing normal relationship between wage growth and unemployment in 2001based on the wage...

With the changes of the times and the rise of the Internet industry, online commerce has become a place that can generate huge profits. While life quality is getting higher, people’s demand for pets is also gradually increasing. The rise of the online pet economy represents the arrival of a new era....

Due to the entrepreneurial boom in China, more small and medium-sized enterprises have appeared and disappeared, and only a few of them can survive. Based on the background, this article used the method of DEA to investigate of the difference of development of small and medium-sized enterprises in Beijing,...

Authors make an attempt to understand the essence and content of anthropology of tourism, as well as to the search for its methodological foundations. A lot of studies both in Russia and abroad do not fully clarify causes of the historical development of the tourism phenomenon, as well as the problems...

In recent years, there are more and more kinds of drinks, people’s demand for drinks is increasing, and the competitive pressure in the beverage market is also increasing year by year. Coca-Cola has been a leader in the beverage market for a long time, and the reasons for its success are worth our in-depth...

In recent years, the number of video software paid members in China has increased sharply. At present, the development of the video industry is relatively mature. The tightening of national copyright policies and the people’s need for entertainment also helps the video software to grow faster. This paper...

Innovative development of informatization systems in the industrial sector comes under the scrutiny of both business entities and the state. Informatization tools used by industrial enterprises are the key to improving efficiency and developing innovative activities. Business processes in industry are...

Under the influence of the Covid-19, the economies of all countries were affected to varying degrees, particularly on the domestic stock market. Consequently, equity price volatility will be researched, primarily by studying factors affecting volatility. This paper is mainly divided into four aspects...

It remains a challenge for the Adaptive Market Hypothesis (AMH) to reconcile Efficient Market Hypothesis (EMH) with behavioural finance. This paper reviews many previous papers and examines AMH whether it is consistent with real changes in markets. By examining previous studies on the relationship between...

The article discusses the issues of comfort and friendliness of the urban space for women with disabilities. The authors use the focus of urban feminism as a new interdisciplinary research field that has emerged to encourage the integration of a gender perspective in urban development policies. We proceed...

With the continuous improvement of the technological level of networks, terminals, and videos, people’s demand for entertainment consumption has expanded rapidly, and the country’s policy to promote the upgrading of residents’ consumption structure has promoted the vigorous development of the e-sports...

Financial instruments traded in the markets and investors’ situations in such markets are becoming more complex. The paper examines the main aspects of options, emphasizing the variety of exotic options and their place in financial markets and the risk management process. As the exact valuation of exotic...

The purpose of this study is a comprehensive analysis of the strategy of economic development of Russia. The author sought to show what shortcomings in public administration should be addressed and what priorities the president and his team needs to solve in order to implement ambitious plans by 2024....

Tesla is a car company that works on producing cars operating on electricity. It is an America based company that works on electric vehicles and a company that is operating on the clean energy program. All the cars manufactured by Tesla are battery operated can be charged from home or grid storage. It...

The global eruption of coronavirus disease-2019 (COVID-19) public crisis has a significantly unprecedented and abnormal impact on global financial markets. This paper examines the responses of stock markets in China and the United States through the industry’s aspect. Additionally, the impacts of COVID-19...

This study discusses the rising reason of POP MART, respectively, on the marketing strategy and IP analysis. Otherwise, it also makes a potential analysis for POP-MART to discuss the competition between substitutes and the future development of the blind box economy. For the special marketing strategy...

The article is dedicated to clarification of dependence of the Macaulay duration on the period until maturity by accounting the behavior of this indicator between coupon payments. The problem of dependence of bond duration on the period until maturity accounting the behavior of duration between coupon...