In recent years, managers' self-interest motivation has been attracting more and more attention from both the academia and practice.Therefore, the ways and depth of managers' self-interest motivation influencing lis...In recent years, managers' self-interest motivation has been attracting more and more attention from both the academia and practice.Therefore, the ways and depth of managers' self-interest motivation influencing listed companies' operating performance has become a hot research area with important theoretical and practical significance. Based on the samples of A-share companies listed in Shanghai and Shenzhen stock exchange during 2012-2014. we studied different effects of managers' self-interest motivation on listed company's business performance under different situations.The innovation of this paper mainly lies in the following two points: on the one hand, we did not adopt the previous research methods which does not distinguish different kinds of company's business performance. Therefore, we divided business performance into two types firstly, then we made empirical text of the influences of managers' self-interest motivation on business performance by virtue of Hausman Model and drew related conclusions under different situations of operating performance. On the other hand, the index measuring managers' self-interest is relatively new.展开更多
Based on the existing research regarding China’s economic diplomacy,this study creates a theoretical structure for economic diplomacy with Chinese characteristics that encompasses soft power,the two competitive conce...Based on the existing research regarding China’s economic diplomacy,this study creates a theoretical structure for economic diplomacy with Chinese characteristics that encompasses soft power,the two competitive concepts of justified ought and self interests,and the Belt and Road Initiative(BRI).By introducing soft power,this paper argues that the goal of economic diplomacy with Chinese characteristics for the new era is to achieve the conversion of hard power to soft power.Unlike the“carrot and stick”principle often followed by Western powers in their economic diplomacy with political strings attached,the conversion between hard power and soft power in China’s economic diplomacy hinges upon the two competitive concepts of justified ought and self interests,which is the basic principle that guides China’s economic diplomacy overall.We argue that in creating an implementation mechanism for China’s economic diplomacy,policymakers must consider China’s unique national condition as a large economy not yet rich in per capita terms,while drawing upon the experiences of other major nations.展开更多
When Ren Zhengfei, founder and CEO of Chinese telecom giant Huawei, spoke of his admiration for the iPhone ecosystem during a recent interview, he visualized a day when China and the U.S. would work together for unive...When Ren Zhengfei, founder and CEO of Chinese telecom giant Huawei, spoke of his admiration for the iPhone ecosystem during a recent interview, he visualized a day when China and the U.S. would work together for universal benefits. His revelation that he buys Apple products for his family members may be a surprise to many, but building partnerships by engaging in fair competition and exploring comparative advantages is not a new idea.展开更多
文摘In recent years, managers' self-interest motivation has been attracting more and more attention from both the academia and practice.Therefore, the ways and depth of managers' self-interest motivation influencing listed companies' operating performance has become a hot research area with important theoretical and practical significance. Based on the samples of A-share companies listed in Shanghai and Shenzhen stock exchange during 2012-2014. we studied different effects of managers' self-interest motivation on listed company's business performance under different situations.The innovation of this paper mainly lies in the following two points: on the one hand, we did not adopt the previous research methods which does not distinguish different kinds of company's business performance. Therefore, we divided business performance into two types firstly, then we made empirical text of the influences of managers' self-interest motivation on business performance by virtue of Hausman Model and drew related conclusions under different situations of operating performance. On the other hand, the index measuring managers' self-interest is relatively new.
文摘Based on the existing research regarding China’s economic diplomacy,this study creates a theoretical structure for economic diplomacy with Chinese characteristics that encompasses soft power,the two competitive concepts of justified ought and self interests,and the Belt and Road Initiative(BRI).By introducing soft power,this paper argues that the goal of economic diplomacy with Chinese characteristics for the new era is to achieve the conversion of hard power to soft power.Unlike the“carrot and stick”principle often followed by Western powers in their economic diplomacy with political strings attached,the conversion between hard power and soft power in China’s economic diplomacy hinges upon the two competitive concepts of justified ought and self interests,which is the basic principle that guides China’s economic diplomacy overall.We argue that in creating an implementation mechanism for China’s economic diplomacy,policymakers must consider China’s unique national condition as a large economy not yet rich in per capita terms,while drawing upon the experiences of other major nations.
文摘When Ren Zhengfei, founder and CEO of Chinese telecom giant Huawei, spoke of his admiration for the iPhone ecosystem during a recent interview, he visualized a day when China and the U.S. would work together for universal benefits. His revelation that he buys Apple products for his family members may be a surprise to many, but building partnerships by engaging in fair competition and exploring comparative advantages is not a new idea.