Purpose–This paper aims to provide a comprehensive analysis of the strategic adjustments in China’s transportation structure,with a particular focus on the pivotal role of railway freight and its integration into th...Purpose–This paper aims to provide a comprehensive analysis of the strategic adjustments in China’s transportation structure,with a particular focus on the pivotal role of railway freight and its integration into the modern logistics system.It seeks to address the need for a more nuanced understanding of the“road to rail”policy,emphasizing the importance of intermodal collaboration and service of fragmented market demands.Design/methodology/approach–The study employs a transport economics perspective to evaluate the achievements and shortcomings of China’s transportation structure optimization.It bases its assessment of the current state of railway freight logistics,multi-modal transportation and the broader implications for the transportation service market on data analysis.The methodology includes a review of existing policies,an examination of industry practices and a comparative analysis with global trends in railway logistics.Findings–The research underscores the importance of focusing on the development of non-bulk materials,noting the insufficiency in the development of China’s rail multi-modal transportation and highlighting the instructive value of successful cases in open-top container road-rail intermodal transportation.The study posits that the railway sector must enhance cooperation with other market entities,aligning with the lead enterprises in the logistics chain that are characterized by speed,high value and strong coordination capabilities,in order to better serve the transportation market.This approach moves away from a reliance on the railway’s own capabilities alone.Originality/value–This paper offers original insights into the transformation of railway freight in China,contributing to the body of knowledge on transportation economics and logistics.It provides valuable recommendations for policymakers and industry practitioners,emphasizing the strategic importance of railway logistics in the context of China’s economic development and intense competition in the supply chain.The value of the article lies in its comprehensive understanding of the complexities involved in the adjustment of transportation structures,providing direction for the market-oriented reform of China’s railway freight sector.展开更多
Ownership structure is one of the most important and basic corporate governance characteristics. Thus, does the ownership structure of a firm have an effect on the type of audit opinion it receives from CPA？ This pap...Ownership structure is one of the most important and basic corporate governance characteristics. Thus, does the ownership structure of a firm have an effect on the type of audit opinion it receives from CPA？ This paper uses a sample including 1246 non-financial listed companies from China A-share market in 2003. Empirical results show： for listed firms, external auditor＇s propensity to qualify is lower with lower proportion of public shares, or with higher concentration of shares at a marginal significant level. However, the proportions of state-owned shares and institutional shares have no significant effects on audit opinions. A possible explanation is that the ownership structure influences risk awareness and negotiation power of audit firms, influences negotiation power of clients, and then ultimately influences auditors＇ reporting decision and audit opinions. The potential policy implication is： a more dispersed ownership structure and/or a higher proportion of public shares are preferable for higher audit reporting conservatism and audit quality in China.展开更多
To realize the straw biomass industrialized development,it should speed up building crop straw resource recycle logistics network, increasing straw recycle efficiency,and reducing straw utilization cost. On the basis ...To realize the straw biomass industrialized development,it should speed up building crop straw resource recycle logistics network, increasing straw recycle efficiency,and reducing straw utilization cost. On the basis of studying straw recycle process,this paper presents innovative concept and property of straw recycle logistics network,analyses design thinking of straw recycle logistics network,and works out straw recycle logistics mode and network topological structure. Finally,it comes up with construction and operation strategies of the straw logistics network from infrastructure,organization network,and information platform.展开更多
基金supported by the Yuxiu Innovation Project of NCUT(Grant No.2024NCUTYXCX211).
文摘Purpose–This paper aims to provide a comprehensive analysis of the strategic adjustments in China’s transportation structure,with a particular focus on the pivotal role of railway freight and its integration into the modern logistics system.It seeks to address the need for a more nuanced understanding of the“road to rail”policy,emphasizing the importance of intermodal collaboration and service of fragmented market demands.Design/methodology/approach–The study employs a transport economics perspective to evaluate the achievements and shortcomings of China’s transportation structure optimization.It bases its assessment of the current state of railway freight logistics,multi-modal transportation and the broader implications for the transportation service market on data analysis.The methodology includes a review of existing policies,an examination of industry practices and a comparative analysis with global trends in railway logistics.Findings–The research underscores the importance of focusing on the development of non-bulk materials,noting the insufficiency in the development of China’s rail multi-modal transportation and highlighting the instructive value of successful cases in open-top container road-rail intermodal transportation.The study posits that the railway sector must enhance cooperation with other market entities,aligning with the lead enterprises in the logistics chain that are characterized by speed,high value and strong coordination capabilities,in order to better serve the transportation market.This approach moves away from a reliance on the railway’s own capabilities alone.Originality/value–This paper offers original insights into the transformation of railway freight in China,contributing to the body of knowledge on transportation economics and logistics.It provides valuable recommendations for policymakers and industry practitioners,emphasizing the strategic importance of railway logistics in the context of China’s economic development and intense competition in the supply chain.The value of the article lies in its comprehensive understanding of the complexities involved in the adjustment of transportation structures,providing direction for the market-oriented reform of China’s railway freight sector.
文摘Ownership structure is one of the most important and basic corporate governance characteristics. Thus, does the ownership structure of a firm have an effect on the type of audit opinion it receives from CPA？ This paper uses a sample including 1246 non-financial listed companies from China A-share market in 2003. Empirical results show： for listed firms, external auditor＇s propensity to qualify is lower with lower proportion of public shares, or with higher concentration of shares at a marginal significant level. However, the proportions of state-owned shares and institutional shares have no significant effects on audit opinions. A possible explanation is that the ownership structure influences risk awareness and negotiation power of audit firms, influences negotiation power of clients, and then ultimately influences auditors＇ reporting decision and audit opinions. The potential policy implication is： a more dispersed ownership structure and/or a higher proportion of public shares are preferable for higher audit reporting conservatism and audit quality in China.
基金Supported by Qinglan Project of Jiangsu Colleges and Universities and General Program of Huaiyin Institute of Technology Scientific Research Foundation (No.:HGB0905)
文摘To realize the straw biomass industrialized development,it should speed up building crop straw resource recycle logistics network, increasing straw recycle efficiency,and reducing straw utilization cost. On the basis of studying straw recycle process,this paper presents innovative concept and property of straw recycle logistics network,analyses design thinking of straw recycle logistics network,and works out straw recycle logistics mode and network topological structure. Finally,it comes up with construction and operation strategies of the straw logistics network from infrastructure,organization network,and information platform.
