In recent years,gig economy jobs-particularly those of food delivery and ride-hailing drivers-have rapidly emerged as a significant force in the labor market,reflecting the deep integration of China’s digital and rea...In recent years,gig economy jobs-particularly those of food delivery and ride-hailing drivers-have rapidly emerged as a significant force in the labor market,reflecting the deep integration of China’s digital and real economies.This paper examines how digital platforms that support the gig economy exercise directionality and dominance in labor matching,where the platform dictates which consumers workers serve,rather than allowing independent choice.While this platform-led matching may appear to limit consumer and worker autonomy,it actually arises from the platform’s central role in information flow and its technological capabilities,serving as a foundation for the platform’s ability to create large-scale employment through cross-side network effects.Using a theoretical model that integrates digital platforms,labor markets,and product markets,the paper explores how the efficiency of targeted matching affects employment creation.In the early stages of gig economy development,when targeted matching efficiency is low,improvements in assignment efficiency lead to a net increase in gig employment,worker income,and overall social welfare.However,in the later stages,as targeted matching efficiency improves,the potential for monopoly abuse by incumbent platforms may trigger a crowding-out effect,leading to unemployment,income inequality between platforms and workers,and higher commission fees.While fostering competition within platform markets offers benefits,policymakers should avoid excessively low entry barriers,as these can negatively impact incumbent platforms’decisions regarding labor,pricing,and technology investment.展开更多
Autosamplers are indispensable key equipment in modern laboratories,playing a pivotal role in fields such as biomedicine,environmental monitoring,food safety,and materials science.However,domestic autosampler enterpri...Autosamplers are indispensable key equipment in modern laboratories,playing a pivotal role in fields such as biomedicine,environmental monitoring,food safety,and materials science.However,domestic autosampler enterprises are facing formidable challenges,confronted by the technological barriers and brand dominance of international giants,as well as increasingly fierce homogeneous competition in the domestic market.This article aims to thoroughly analyze the current market landscape and,based on seven key dimensions—strategic positioning,product technology,sales channels,brand building,service and support,supply chain optimization,and talent development—propose a series of effective market-winning strategies.This will provide theoretical guidance and practical reference for domestic autosampler enterprises to achieve breakthroughs and sustainable development amidst fierce market competition.展开更多
This paper deeply explores the application strategies of short-term cost curves in the field of economics.Firstly,it elaborates on the basic theories and constituent elements of short-term cost curves.By drawing and a...This paper deeply explores the application strategies of short-term cost curves in the field of economics.Firstly,it elaborates on the basic theories and constituent elements of short-term cost curves.By drawing and analyzing the shortterm cost curve graphs,it presents the internal relationship between costs and output.Then,it focuses on researching its application strategies in multiple aspects such as enterprise production decisions,market pricing,and industry competition analysis.展开更多
Under the impetus of the“Dual Credit”policy,traditional fuel vehicle manufacturers are confronted with significant pressure to meet new energy vehicle credit requirements.To address this challenge,these manufacturer...Under the impetus of the“Dual Credit”policy,traditional fuel vehicle manufacturers are confronted with significant pressure to meet new energy vehicle credit requirements.To address this challenge,these manufacturers are increasingly adopting the Original Design Manufacturer(ODM)strategy to collaborate with new energy vehicle enterprises,thereby acquiring credits and expanding their market presence.However,this strategic approach not only intensifies competition between new energy and traditional fuel vehicle markets but also reshapes the profit distribution between the two types of firms.Drawing upon the framework of the Dual Credit policy,this study establishes a Cournot game model to examine the strategic interactions between traditional fuel vehicle manufacturers and new energy vehicle producers.It further investigates the optimal production decisions under the ODM strategy and evaluates their implications for market dynamics and corporate profitability.The findings reveal that,although the ODM strategy heightens market competition,it leads to substantial profit improvements for both types of manufacturers compared to the alternative of directly purchasing credits,while also fostering the growth of the new energy vehicle sector.Moreover,the Case study demonstrates micro-level impact of the dual credit policy on enterprises’response strategies,offering valuable insights for policymakers and industry decision-makers.展开更多
Objective To analyze the market environment of heparin,and to provide reference for the development of the heparin industry in China.Methods The international market size and competition pattern of heparin was investi...Objective To analyze the market environment of heparin,and to provide reference for the development of the heparin industry in China.Methods The international market size and competition pattern of heparin was investigated first.Then,environmental analysis of it was made based on the PEST model.Results and Conclusion There is room for optimization of the relevant policies for the development of heparin industry in China.The use of heparin drugs and regulation should be further improved.In addition,the research and development ability of pharmaceutical enterprises should be enhanced,and the development strategy of heparin industry needs to be adjusted.展开更多
In this era of full of challenges and opportunities,facing continuously differentiated consumer demands and increasingly fierce market competition,how should Chinese textile brands enhance their intrinsic value and sh...In this era of full of challenges and opportunities,facing continuously differentiated consumer demands and increasingly fierce market competition,how should Chinese textile brands enhance their intrinsic value and shape a high-end image?On May 6th,in order to explore this issue,many insiders from the textile and clothing industry gathered in Keqiao,Shaoxing for in-depth communication.展开更多
Blueberries have recently gained popularity as a"superfruit"among consumers worldwide.The rise of healthy eating concepts has led to widespread recognition of the nutritional content and antioxidant properti...Blueberries have recently gained popularity as a"superfruit"among consumers worldwide.The rise of healthy eating concepts has led to widespread recognition of the nutritional content and antioxidant properties of blueberries,boosting the blueberry industry s rapid growth.Blueberry production and processing are currently major elements of the agricultural economy in many nations and regions,including the United States,Canada,and Europe.The blueberry business has developed a reasonably mature industrial chain that includes planting,harvesting,processing,sales,and other components.The blueberry industry in China started relatively late.However,with the growth of market demand and consumer attention to healthy food,the blueberry planting area has been expanding every year.Several provinces and cities in China are actively promoting the construction of blueberry planting bases and gradually expanding from planting to deep processing fields,forming diversified products,including fresh fruits,dried fruits,jams,and blueberry drinks.With advancements in technology and innovation in management models,the efficiency and market competitiveness of blueberry cultivation are progressively improving.The blueberry industry has broad prospects.On the one hand,the ongoing enhancement of consumer health needs is expected to elevate the market demand for blueberries as high-value functional foods;alternatively,the advancement of planting technology and cold chain logistics may further optimize the yield and quality of the blueberry industry.The production of deep-processed blueberry goods will become a significant highlight of industrial development,enhancing the market value.This study aimed to investigate the various categories of blueberries,the blueberry industry s current state of development,and the challenges it encounters.In summary,the blueberry sector possesses significant future potential,but it also faces problems,including planting practices,market competitiveness,and brand development.The blueberry industry can expand and industrialize due to creative developments.展开更多
Currently,the global energy transition is accelerating,and the large-scale integration of renewable energy has brought many thorny problems to the energy and power systems.In particular,the issues of renewable energy ...Currently,the global energy transition is accelerating,and the large-scale integration of renewable energy has brought many thorny problems to the energy and power systems.In particular,the issues of renewable energy consumption and the difficulty of regulating peak-to-valley differences in the power grid are prominent.Compressed air energy storage,as a new large-scale and long-duration physical energy storage technology,has many advantages such as large scale,long lifespan,low cost,and environmental friendliness.It can solve the problem of difficult grid connection for unstable renewable energy generation such as photovoltaic and wind power,and improve energy utilization.In recent years,the industrialization process has been accelerating,demonstrating huge potential and advantages.This article conducts research and analysis on the industrial logic,technological development,industrialization process,industry competition landscape,and market competitiveness of compressed air energy storage,aiming to provide support for optimizing business layout and structural adjustment of enterprises.展开更多
As the environment of market competition is rapidly changing, the model of competition also changes consistently. This paper focuses on the changing process of global competition model based on the analysis of product...As the environment of market competition is rapidly changing, the model of competition also changes consistently. This paper focuses on the changing process of global competition model based on the analysis of production model and its tendency of development, especially analyses the positive effect of mass customization. The paper introduces the concept of market turbulence to decide the occasion of transformation to mass customization for industries/enterprises. Several transformation roadmaps to mass customization and competitive models and strategies are established.展开更多
Urban competitiveness has been the hot topic for researches and studies over years. The aim of this paper is to elaborate urban competitiveness. First, definition of competitiveness is discussed in detail and then the...Urban competitiveness has been the hot topic for researches and studies over years. The aim of this paper is to elaborate urban competitiveness. First, definition of competitiveness is discussed in detail and then the differences of competitiveness of nations and enterprises are presented. In Section 2, urban competitiveness is defined. Since the assessment of urban competitiveness is the focus of many studies, Section 3 elaborates four models or frameworks for assessing urbancompetitiveness. Last, but by no means the least, Chengdu has been discussed as a case on how to improve urban competitiveness. Three suggestions are put forward, which are clustering strategy, more efficient governance and urban marketing campaigns respectively.展开更多
The history and present situations of the Chinese toothpaste market competition were introduced, the character- istics of the China toothpaste market competition were analyzed from four aspects, brand competition, pro...The history and present situations of the Chinese toothpaste market competition were introduced, the character- istics of the China toothpaste market competition were analyzed from four aspects, brand competition, product com- petition, price competition, and channel competition. The development trend of the China toothpaste market competi- tion in the future five years was forecast.展开更多
This month＇s column highlights what African businesspeople should be aware of when looking to find Chinese suppliers by giving prominence to identifying the most respected companies in each market.
In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as ne...In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.展开更多
The issue of agricultural insurance subsidy is discussed in this paper aiming to make it provided more rationally and sci- entifically. It is started with the connection between agricultural insurance and financial su...The issue of agricultural insurance subsidy is discussed in this paper aiming to make it provided more rationally and sci- entifically. It is started with the connection between agricultural insurance and financial subsidy. It is really necessary and crucial to implement the financial insurance due to the bad operational performance, especially in the developing countries. But the sub- sidy should be provided more rationally because financial subsidy has lots of negative effects. A model in competitive insurance markets developed by Ahsan et al (1982) and a farmers' decision model are developed to solve the optimal subsidized rate. Finally, the equation is got to calculate it. But a quantitative subsidized rate is not made here because the calculation should be under some restricted conditions, which are always absent in the devel- oping countries. So the government should provide some subsidy for the ex ante research and preparation to get the scientific prob- ability and premium rate.展开更多
This paper explores the incentives of investment in renewable energy of two utility firms who compete or cooperate under either a cap-and-trade grandfathering mechanism(GM)or benchmarking mechanism(BM).We find that ut...This paper explores the incentives of investment in renewable energy of two utility firms who compete or cooperate under either a cap-and-trade grandfathering mechanism(GM)or benchmarking mechanism(BM).We find that utility firms will invest in renewable energy more under BM than under GM,in both competitive and cooperative markets,and they will invest more in a competitive market than in a cooperative market,under either GM or BM.Furthermore,utility firms will produce more electricity and generate more total carbon emissions under BM than under GM.The profits of two firms,however,are higher in cooperative market than in competitive market.The government will benefit from implementing a BM to encourage utility firms to invest in renewable energy in a competing market.展开更多
After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on nation...After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on national and international market, have become more serious to enterprise’s decision maker. At the same time, the information technology is developing quickly, then business process re engineering will become valid path for enterprise increasing market competitive ability. As a case study, this paper applies Business Process Re engineering(BPR) approach to analyze a Chinese company.展开更多
This study examines the association between corporate governance mechanisms （i.e., internal corporate governance, ownership structure, and external corporate govemance） and stock investment risk （i.e., idiosyncrati...This study examines the association between corporate governance mechanisms （i.e., internal corporate governance, ownership structure, and external corporate govemance） and stock investment risk （i.e., idiosyncratic risk, systematic risk, and total risk of non-financial listed firms in Thailand in 2007）. The multiple regression analysis is employed to test the hypotheses, and the results suggest that firms with higher market power have lower systematic risk. It implies that firms with higher market power can reduce the unavoidable risk when compared with firms that have lower market power. Firms with more media coverage will have higher systematic risk, which indicates that firms which publish more news will have higher unavoidable risk. This research may be the first to provide the evidence of the association between corporate govemance mechanisms and stock investment risk. Interestingly still, this study has utilized the data of Thailand, which is an emerging market economy with a capital market structure different from those of the developed market economies, and the results of this study are anticipated to be applicable to other similar studies in other emerging market economies.展开更多
The frequency of Russian media usage has been declining since 2018, but television is still the most popularmedium in Russia. The rise of digital radio and television represents a mixed picture, in part because of pol...The frequency of Russian media usage has been declining since 2018, but television is still the most popularmedium in Russia. The rise of digital radio and television represents a mixed picture, in part because of politicalpressures, but the digital transition between federal and regional media is not synchronized;on the other hand, theRussian print media market has suffered from poor returns and high costs since 2012. Insufficient facilities withpoor quality and lack of advertisement revenues have made it difficult for print media to survive. The governmenthas provided financial subsidies for media, but it will still support economic independence of media. Thegovernment has strictly regulated foreign investments after 2014, which ensure the concentration of mediaownership but reduced the media market’s competitiveness. Now the Russian government is adjusting policies,seeking ways to balance media market competition and retaining political control of media.展开更多
Founded in 1950, the China National Machinery Import & Export Corporation (CMC) is a large national foreign trade enterprise directly under the administration of the Ministry of Foreign Trade and Economic Cooperat...Founded in 1950, the China National Machinery Import & Export Corporation (CMC) is a large national foreign trade enterprise directly under the administration of the Ministry of Foreign Trade and Economic Cooperation, specializing in the import and export of electromechanical products. It is one of our country’s first and largest foreign trade corporations. Since its founding 45 years ago, the corporation has been consistently endeavoring to develop and expand foreign trade in electromechanical products, and展开更多
基金supported by the National Social Science Fund of China(NSSFC)General Project“Research on the Mechanism of Monopoly Formation and Anti-Monopoly Regulation from the Perspective of Digital Economy”(Grant No.22BJY116)the Guangdong Provincial Natural Science Fund for Distinguished Young Scholars“Research on Carbon Trading Mechanisms under the Generalized Carbon Leakage Risk”(Grant No.2023B1515020068)the National Natural Science Foundation of China(NSFC)Key Project“Research on the Theory,Mechanism and Model of State-Owned Capital Mergers and Acquisitions”(Grant No.72132010).
文摘In recent years,gig economy jobs-particularly those of food delivery and ride-hailing drivers-have rapidly emerged as a significant force in the labor market,reflecting the deep integration of China’s digital and real economies.This paper examines how digital platforms that support the gig economy exercise directionality and dominance in labor matching,where the platform dictates which consumers workers serve,rather than allowing independent choice.While this platform-led matching may appear to limit consumer and worker autonomy,it actually arises from the platform’s central role in information flow and its technological capabilities,serving as a foundation for the platform’s ability to create large-scale employment through cross-side network effects.Using a theoretical model that integrates digital platforms,labor markets,and product markets,the paper explores how the efficiency of targeted matching affects employment creation.In the early stages of gig economy development,when targeted matching efficiency is low,improvements in assignment efficiency lead to a net increase in gig employment,worker income,and overall social welfare.However,in the later stages,as targeted matching efficiency improves,the potential for monopoly abuse by incumbent platforms may trigger a crowding-out effect,leading to unemployment,income inequality between platforms and workers,and higher commission fees.While fostering competition within platform markets offers benefits,policymakers should avoid excessively low entry barriers,as these can negatively impact incumbent platforms’decisions regarding labor,pricing,and technology investment.
文摘Autosamplers are indispensable key equipment in modern laboratories,playing a pivotal role in fields such as biomedicine,environmental monitoring,food safety,and materials science.However,domestic autosampler enterprises are facing formidable challenges,confronted by the technological barriers and brand dominance of international giants,as well as increasingly fierce homogeneous competition in the domestic market.This article aims to thoroughly analyze the current market landscape and,based on seven key dimensions—strategic positioning,product technology,sales channels,brand building,service and support,supply chain optimization,and talent development—propose a series of effective market-winning strategies.This will provide theoretical guidance and practical reference for domestic autosampler enterprises to achieve breakthroughs and sustainable development amidst fierce market competition.
文摘This paper deeply explores the application strategies of short-term cost curves in the field of economics.Firstly,it elaborates on the basic theories and constituent elements of short-term cost curves.By drawing and analyzing the shortterm cost curve graphs,it presents the internal relationship between costs and output.Then,it focuses on researching its application strategies in multiple aspects such as enterprise production decisions,market pricing,and industry competition analysis.
文摘Under the impetus of the“Dual Credit”policy,traditional fuel vehicle manufacturers are confronted with significant pressure to meet new energy vehicle credit requirements.To address this challenge,these manufacturers are increasingly adopting the Original Design Manufacturer(ODM)strategy to collaborate with new energy vehicle enterprises,thereby acquiring credits and expanding their market presence.However,this strategic approach not only intensifies competition between new energy and traditional fuel vehicle markets but also reshapes the profit distribution between the two types of firms.Drawing upon the framework of the Dual Credit policy,this study establishes a Cournot game model to examine the strategic interactions between traditional fuel vehicle manufacturers and new energy vehicle producers.It further investigates the optimal production decisions under the ODM strategy and evaluates their implications for market dynamics and corporate profitability.The findings reveal that,although the ODM strategy heightens market competition,it leads to substantial profit improvements for both types of manufacturers compared to the alternative of directly purchasing credits,while also fostering the growth of the new energy vehicle sector.Moreover,the Case study demonstrates micro-level impact of the dual credit policy on enterprises’response strategies,offering valuable insights for policymakers and industry decision-makers.
文摘Objective To analyze the market environment of heparin,and to provide reference for the development of the heparin industry in China.Methods The international market size and competition pattern of heparin was investigated first.Then,environmental analysis of it was made based on the PEST model.Results and Conclusion There is room for optimization of the relevant policies for the development of heparin industry in China.The use of heparin drugs and regulation should be further improved.In addition,the research and development ability of pharmaceutical enterprises should be enhanced,and the development strategy of heparin industry needs to be adjusted.
文摘In this era of full of challenges and opportunities,facing continuously differentiated consumer demands and increasingly fierce market competition,how should Chinese textile brands enhance their intrinsic value and shape a high-end image?On May 6th,in order to explore this issue,many insiders from the textile and clothing industry gathered in Keqiao,Shaoxing for in-depth communication.
基金Supported by Scientific Research Start-up Fund for PhD of Zhaoqing University(210046&240013)the Zhaoqing Science and Technology Innovation Guidance Project(2023040308015)+2 种基金the Youth Foundation of Zhaoqing University(QN202439)Guangdong Provincial College Student Innovation Project(S202310580044)the Training Program of Innovation and Entrepreneurship for Undergraduates of Zhaoqing University(X202410580116).
文摘Blueberries have recently gained popularity as a"superfruit"among consumers worldwide.The rise of healthy eating concepts has led to widespread recognition of the nutritional content and antioxidant properties of blueberries,boosting the blueberry industry s rapid growth.Blueberry production and processing are currently major elements of the agricultural economy in many nations and regions,including the United States,Canada,and Europe.The blueberry business has developed a reasonably mature industrial chain that includes planting,harvesting,processing,sales,and other components.The blueberry industry in China started relatively late.However,with the growth of market demand and consumer attention to healthy food,the blueberry planting area has been expanding every year.Several provinces and cities in China are actively promoting the construction of blueberry planting bases and gradually expanding from planting to deep processing fields,forming diversified products,including fresh fruits,dried fruits,jams,and blueberry drinks.With advancements in technology and innovation in management models,the efficiency and market competitiveness of blueberry cultivation are progressively improving.The blueberry industry has broad prospects.On the one hand,the ongoing enhancement of consumer health needs is expected to elevate the market demand for blueberries as high-value functional foods;alternatively,the advancement of planting technology and cold chain logistics may further optimize the yield and quality of the blueberry industry.The production of deep-processed blueberry goods will become a significant highlight of industrial development,enhancing the market value.This study aimed to investigate the various categories of blueberries,the blueberry industry s current state of development,and the challenges it encounters.In summary,the blueberry sector possesses significant future potential,but it also faces problems,including planting practices,market competitiveness,and brand development.The blueberry industry can expand and industrialize due to creative developments.
文摘Currently,the global energy transition is accelerating,and the large-scale integration of renewable energy has brought many thorny problems to the energy and power systems.In particular,the issues of renewable energy consumption and the difficulty of regulating peak-to-valley differences in the power grid are prominent.Compressed air energy storage,as a new large-scale and long-duration physical energy storage technology,has many advantages such as large scale,long lifespan,low cost,and environmental friendliness.It can solve the problem of difficult grid connection for unstable renewable energy generation such as photovoltaic and wind power,and improve energy utilization.In recent years,the industrialization process has been accelerating,demonstrating huge potential and advantages.This article conducts research and analysis on the industrial logic,technological development,industrialization process,industry competition landscape,and market competitiveness of compressed air energy storage,aiming to provide support for optimizing business layout and structural adjustment of enterprises.
文摘As the environment of market competition is rapidly changing, the model of competition also changes consistently. This paper focuses on the changing process of global competition model based on the analysis of production model and its tendency of development, especially analyses the positive effect of mass customization. The paper introduces the concept of market turbulence to decide the occasion of transformation to mass customization for industries/enterprises. Several transformation roadmaps to mass customization and competitive models and strategies are established.
文摘Urban competitiveness has been the hot topic for researches and studies over years. The aim of this paper is to elaborate urban competitiveness. First, definition of competitiveness is discussed in detail and then the differences of competitiveness of nations and enterprises are presented. In Section 2, urban competitiveness is defined. Since the assessment of urban competitiveness is the focus of many studies, Section 3 elaborates four models or frameworks for assessing urbancompetitiveness. Last, but by no means the least, Chengdu has been discussed as a case on how to improve urban competitiveness. Three suggestions are put forward, which are clustering strategy, more efficient governance and urban marketing campaigns respectively.
文摘The history and present situations of the Chinese toothpaste market competition were introduced, the character- istics of the China toothpaste market competition were analyzed from four aspects, brand competition, product com- petition, price competition, and channel competition. The development trend of the China toothpaste market competi- tion in the future five years was forecast.
文摘This month＇s column highlights what African businesspeople should be aware of when looking to find Chinese suppliers by giving prominence to identifying the most respected companies in each market.
基金Supported by the Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2022(2022AH052680)Major Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2024(2024AH040304)Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2021(SK2021A0876).
文摘In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.
文摘The issue of agricultural insurance subsidy is discussed in this paper aiming to make it provided more rationally and sci- entifically. It is started with the connection between agricultural insurance and financial subsidy. It is really necessary and crucial to implement the financial insurance due to the bad operational performance, especially in the developing countries. But the sub- sidy should be provided more rationally because financial subsidy has lots of negative effects. A model in competitive insurance markets developed by Ahsan et al (1982) and a farmers' decision model are developed to solve the optimal subsidized rate. Finally, the equation is got to calculate it. But a quantitative subsidized rate is not made here because the calculation should be under some restricted conditions, which are always absent in the devel- oping countries. So the government should provide some subsidy for the ex ante research and preparation to get the scientific prob- ability and premium rate.
基金support from the National Natural Science Foundation of China(Grant No.71531003)Philosophy and Social Science Research Fund of Chengdu University of Technology(YJ2021-QN005)Center for Trans-Himalaya Studies(KX2022B01)。
文摘This paper explores the incentives of investment in renewable energy of two utility firms who compete or cooperate under either a cap-and-trade grandfathering mechanism(GM)or benchmarking mechanism(BM).We find that utility firms will invest in renewable energy more under BM than under GM,in both competitive and cooperative markets,and they will invest more in a competitive market than in a cooperative market,under either GM or BM.Furthermore,utility firms will produce more electricity and generate more total carbon emissions under BM than under GM.The profits of two firms,however,are higher in cooperative market than in competitive market.The government will benefit from implementing a BM to encourage utility firms to invest in renewable energy in a competing market.
文摘After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on national and international market, have become more serious to enterprise’s decision maker. At the same time, the information technology is developing quickly, then business process re engineering will become valid path for enterprise increasing market competitive ability. As a case study, this paper applies Business Process Re engineering(BPR) approach to analyze a Chinese company.
文摘This study examines the association between corporate governance mechanisms （i.e., internal corporate governance, ownership structure, and external corporate govemance） and stock investment risk （i.e., idiosyncratic risk, systematic risk, and total risk of non-financial listed firms in Thailand in 2007）. The multiple regression analysis is employed to test the hypotheses, and the results suggest that firms with higher market power have lower systematic risk. It implies that firms with higher market power can reduce the unavoidable risk when compared with firms that have lower market power. Firms with more media coverage will have higher systematic risk, which indicates that firms which publish more news will have higher unavoidable risk. This research may be the first to provide the evidence of the association between corporate govemance mechanisms and stock investment risk. Interestingly still, this study has utilized the data of Thailand, which is an emerging market economy with a capital market structure different from those of the developed market economies, and the results of this study are anticipated to be applicable to other similar studies in other emerging market economies.
文摘The frequency of Russian media usage has been declining since 2018, but television is still the most popularmedium in Russia. The rise of digital radio and television represents a mixed picture, in part because of politicalpressures, but the digital transition between federal and regional media is not synchronized;on the other hand, theRussian print media market has suffered from poor returns and high costs since 2012. Insufficient facilities withpoor quality and lack of advertisement revenues have made it difficult for print media to survive. The governmenthas provided financial subsidies for media, but it will still support economic independence of media. Thegovernment has strictly regulated foreign investments after 2014, which ensure the concentration of mediaownership but reduced the media market’s competitiveness. Now the Russian government is adjusting policies,seeking ways to balance media market competition and retaining political control of media.
文摘Founded in 1950, the China National Machinery Import & Export Corporation (CMC) is a large national foreign trade enterprise directly under the administration of the Ministry of Foreign Trade and Economic Cooperation, specializing in the import and export of electromechanical products. It is one of our country’s first and largest foreign trade corporations. Since its founding 45 years ago, the corporation has been consistently endeavoring to develop and expand foreign trade in electromechanical products, and
