Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)
141 articles
Proceedings Article
The intensity evaluation research of equipment and manufacturing industry in Hebei province
Jie Wan, Li Geng
Equipment and manufacturing industry takes a large proportion in national economy and technical equipment of national defense construction. Due to the complexity of its production process and the close relation between upstream and downstream ofenterprises, the form of industrial cluster benefits to...
Proceedings Article
Study on total factor productivity of retail industry in east China - based on Malmquist index
Cheng Qiu, Linjie Meng
Based on the Malmquist index method of data envelopment analysis (DEA), the total factor productivity (TFP) of the retail industry in East China was measured by using the panel data from 2008 to 2015. After that, the TFP was decomposed into technical efficiency change and technological progress. The...
Proceedings Article
Measurement and analysis of informatization level of manufacturing industries
Xiao-dong Yu
By establishing industry informatization index system, the informatization level of the industry was measured by principal component analysis with the panel data of manufacturing industry from 2006 – 2014. It is obvious that the informatization level of industries was significantly different. Most of...
Proceedings Article
Market risk in the hard coal mining industry in Poland in the context of the mining production planning
Izabela Jonek-Kowalska
The hard coal mining industry is of strategic importance in Poland, due to the dominant share of hard coal in the energy balance and a significant role in the industrialization of the country, particularly in Upper Silesia. In recent years, the industry has experienced a deep crisis threatening its further...
Proceedings Article
Research on AGC ancillary service transaction mode in China at present stage
Yongxiu He, Qian Chen, Yan Chang, Xiao Gao, Peipei You
The ancillary service plays an important role in the development of electricity market and the optimal allocation of power resources as the guarantee of power supply reliability and power quality. This paper takes automatic generation control (AGC) as an example, to explore its transaction mode. Firstly,...
Proceedings Article
Estimation of R&D capital stock in China's high-tech industry
Yan Zou, Lingjie Meng
R&D capital stock is often used in the study of high-tech industry, but there are some deficiencies in the existing methods of measuring R&D capital stock. Based on the existing literature, a new method to estimate R&D capital stock is proposed in this paper. We measure the R&D capital stock of 17 industry...
Proceedings Article
Assessment of economic efficiency of medical college
Jinguo Wang, Na Wang
Advanced medical colleges have insufficient material resources and excess human resources. Administrative and logistics personnel are too many. The combination and cooperation of different departments are not reasonable. These are the most important factors affecting the efficiency and efficiency of...
Proceedings Article
Risk assessment on convergence development between logistics and estate industries
Xianwen Gong
Convergence development between logistics industry and estate industry promotes the emergence of new industry forms: logistics estate industry. Generally speaking, logistics estate is considered to be low-risk and high-return investment project, and favored by investors. But there are still potential...
Proceedings Article
The renovation of the applicability of old residential buildings under the intensional growth of urbanization
Feng Zhao, Jia Fu
In the urban development context of the transfer of the completed amount of urbanization process, the authors paid attention to the old residential areas, taking the architectures in old residential areas as research objectives, and put forward some suggestions from the renovation of the applicability and...
Proceedings Article
The influencing factors of mobile number portability willingness for Yunnan mobile users
Meijuan Li, Juan Hong
Following the Tianjin and Hainan province, in September 2014, Ministry of Industry and Information technology announced to implement the pilot project of mobile number portability in Yunnan, Jiangxi and Hubei provinces. However, the implementation effect of the pilot project in Yunnan is not good, the...
Proceedings Article
Ownership structure, firm size, and performance: a panel data investigation of pharmaceutical manufacturing industry in China
Yongzhuang Li, Dehuan Zhang, Qiuhui Jia
This paper uses the data of A-share listed pharmaceutical manufacturing companies in both Shanghai and Shenzhen Stock Exchange in China for the period from 2014 to 2016. The empirical investigation shows that there is a positive correlation between ownership concentration and firm performance, and firm...
Proceedings Article
Research on transportation safety of hazardous chemicals based on HSE
Hehua Li, Rui Zhang
With the increase of traffic volume hazardous chemicals, accidents in the transportation of dangerous chemicals occurred frequently, threatening the lives and property of the country and the people. In this context, based on the HSE management system, this paper summarizes and analyzes the accident factors...
Proceedings Article
Research on the classification and development investment strategy of power grid enterprise
Yungao Ma, Yazong Mai, Wan He
The scientific arrangement of gird development investment is the key to the development of power grid enterprises. Considering the provincial electricity consumptions and grid structures, a two-dimensional classification model formed by the per capita electricity consumption and the power grid quality...
Proceedings Article
Allocating emergency resource for leakage of dangerous chemicals at sea by fuzzy programming
Bin Wang, Hao Hao
In this study, we propose a fuzzy programming model that considers a single accident site and multiple emergency rescue bases. Various resource constraints, such as volume and weight capacity at the emergency rescue bases, are considered. Rescue funding availability is also integrated into the model....
Proceedings Article
Gamification in project management
Ricardo Pateiro Marcão, Gabrie Pestana, Maria José Sousa
The area of monitoring and project management presents a collection of methodologies, some more sequential and others more iterative, each one with benefits in different aspects. In this way, it is intended to gather a set of good practices of project management, identifying the most beneficial characteristics...
Proceedings Article
The interaction model of business and state as a factor in human resource management
Tatiana V. Skryl, Vladimir S. Osipov, Vadim O. Evseev
The paper presents the economic model representing the inter-relationship between the state and business with respect to human resource management. The model connects the categories such as labor, money, working time, life being and productivity of the working person. In the process of implementing this...
Proceedings Article
Environmental impact assessment of dynamic simulation of water saving and emission reduction in Hebei Province
Xiaoxiao Hao, Guofeng Zhang, Jin Han, Jingjing Yan, Jinghua Sha
In recent years, the shortage of water resources and water pollutant emission in Hebei province have been accelerated with the process of urbanization1. In order to solve the problems, this paper constructs a comprehensive dynamic simulation model of socio-economic, water pollutant discharge and water...
Proceedings Article
A study on regional total factor productivity in China from the perspective of low-carbon economy
Yuting Zhou, Huangjin Liu
With the rapid economic growth and the increasing environmental pollution, the development of low-carbon economy is the first choice to solve the current energy scarcity and harsh environment. It is an inevitable trend to consider low-carbon factors in the measurement of total factor productivity in...
Proceedings Article
Study on land use and carbon and economic growth in Nanjing
Chu Su, Kuanqi Du
In this paper, we study on the relationship between economic growth and land use and carbon emission in Nanjing from 2005 to 2014 shows that the economic growth and the carbon use of land use in Nanjing are not completely decoupled, that is, the change of land use carbon emissions with economic growth...
Proceedings Article
The enlightenment of the drop in oil prices and the ruble crisis
Siyuan Gong, Yan Zhou
From the July 2014, the international crude oil price has been continuously declined. The exchange rate of ruble has been depreciated. The crisis of ruble happened because the Russia's economy dependeds on oil export highly. According to the research, The RMB exchange rate is a one-way cause-and-effect...
Proceedings Article
Analyzing the coordinated development level of decomposed effects of transportation infrastructure economic benefit: case study of Shanghai, China
Yu Sun, Yin Cui
The economic benefit of transportation infrastructure is the positive influence on economy system generated by the use of transportation infrastructure. This paper decomposes transportation infrastructure economic benefit into four effects which are consumption effect, investment effect, government purchase...
Proceedings Article
Branding as an identification of the territory potential: insufficiency of constructivist approach
Tatiana Bystrova, Dmitry Kochetkov
Since the 2000s, branding of cities and territories has attracted greater attention of scientists and practitioners in developed and emerging countries. The results of our study can be divided into two parts, theoretical and practical. First, we derived the theoretical and methodological foundations...
Proceedings Article
Integration of medical humanistic spirits and economic principles under market economy ---medical humanism under market economy
Na Wang, Jinguo Wang
Problems related with economy usually rise in the medical development. The resource allocation and income of multi-disciplinary and multi-sectoral health resources constitute the economic problems in the development of medical institutions. Economic principles and humanistic spirits are both decisive....
Proceedings Article
Research on mutual driving development of financial ecology and economic growth in Jiangsu province--analysis based on coupled model
Haitao Wang
Based on the data of Jiangsu Province from 2006 to 2015, a three-system coupling model is constructed. The coupling degree and the coupling coordination degree are used as the evaluation indexes. The coupling coordination between the financial system and the economic growth system of the dynamic evolution...
Proceedings Article
An empirical study on the efficiency of bank innovation in the context of internet financial development
Fan Yang, Yong Qi
Recently, the rapid development of Internet finance has influenced the traditional financial model in many ways. As an emerging financial mode, it provides customers with a wider range of multiple financial services, but also has an impact on the commercial banks operating efficiency and innovation efficiency....
Proceedings Article
Research on the risks and regulation of financial technology
Hangmin Li
Financial technology (FinTech) refers to technology enabled financial solutions. While the benefit of FinTech is widely recognized, the risks inherent in FinTech also rise substantial considerations. This paper will examine the impact brought by FinTech on financial market risks and stability, including...
Proceedings Article
Countermeasure analysis of inventory financing and its risk management in perfect price fluctuation
Xiaohui Hu, Fuchang Li, Guichang Zhe
This text is a hypothesis in different economic status, in different cases of price fluctuations, in two or more than two cases of inventory combinations, applies Markowitz portfolio management theory to inventory financing and study on borrower how to obtain optimum inventory mix in the configuration...
Proceedings Article
Market impact analysis of China A-shares into MSCI index--comparison of volatility between MSCI China international index and CSI 300 index
Lu Gao, Lian Chen
In June 21, 2017, MSCI officially announced that from the beginning of June 2018 ,China A shares will be included in the MSCI emerging markets index and MSCI ACWI (All Country World Index) global index. The significance of this paper lies in: through the comparison of the relevant index's volatility...
Proceedings Article
The effect of family ownership on the relation between executive compensation and performance: evidence from Thailand
J. Thomas Connelly, Piman Limpaphayom, Michael J. Sullivan
This study investigates the pay-performance relation for directors and managers in a sample of Thai public companies. It is hypothesized that family ownership mediates the pay-performance relations for directors and managers. The results show a strong link between managerial compensation and firm performance...
Proceedings Article
A study on the impact of stock market fluctuations on the operating performance of the listed companies in energy conservation and environmental protection industry
Di Zhang, Yingming Zhu
With the problem of environment pollution and resource shortage becoming more and more serious, the development of energy conservation and environmental protection industry is booming. In order to put forward some suggestions on the development of energy conservation and environmental protection industry,...
Proceedings Article
Mutual fund family ownership and stock return: evidence from chinese stock open-end funds
Linglin Zhu, Yucan Liu
In this paper, with the sample data of each semi-annual stock open-end funds from 2008 to 2015 in China, we use multiple linear regression method to study the impact on the stock returns held by mutual fund family common shares. The empirical results show that the deeper fund family common shareholding...
Proceedings Article
Analysis of the Linkage between China and US Stock Markets
Dayan Lin, Lei Qi
With the prosperity of China financial markets, the influence of China stock market is further enhanced. This paper analyses the linkage of China and US stock markets. The data consists weekly price index values for Shanghai Composite Index and the Nasdaq Index from 1991 to 2017. Results show that in...
Proceedings Article
A study on the dynamic correlation between bond market and stock market
Mingwei Zhou, Yuan Zhang
Based on the dynamic theory of stock market and bond market, this paper chooses corporate bond index and CSI 300 index, and uses the co-integration test of EG two-step method, Granger causality hypothesis test and impulse response to analyze the correlation of stock market and bond market. The results...
Proceedings Article
Research on risk measurement of the multi-hierarchical herding behavior of the heterogeneous institutional investors
Jie Ma, Zhenghua Wei, Xing Yin
Based on the modified LSV model, this paper measured the herding behavior of the 6 types of institutional investor via three aspects. We got some new findings: 1) The fund’s herding behavior is the most serious in all kinds of institutional investors, and the fund shows no the professional ability in...
Proceedings Article
Impact of commercial bank internal governance mechanism on credit risk: an empirical study based on China's listed banks
Mingwei Zhou, Changmei Xiong
This paper systematically examines the impact of the internal governance mechanism of commercial banks on credit risk from the perspective of corporate governance of commercial banks. The results show that the proportion of the largest shareholder, the proportion of the state-owned shares, the nature...
Proceedings Article
Analysis and suggestions on restrictive factors of green credit implementation
Qian Cao, Wenxin Tan
The cost of resources and environment for economic growth in China is too large. From the perspective of property rights, this is because the cost of enterprises using environmental resources is often highly externalized. The "market failure" caused by this externality is the root cause of environmental...
Proceedings Article
Measurement and statistical analysis of financing efficiency of listing companies —taking Shandong province as a case
Guizhen Meng
The thesis adopts the principal component analysis and entropy method to set up a model for calculating and carrying out a statistical analysis of the financing efficiency of listing companies within the jurisdiction of Shangdong Province. First, the thesis sets up a financing efficiency evaluation indicator...
Proceedings Article
Research on the best loan-to-value ratio of inventory financing based on credit risk
Yili Su, Fuchang Li, Guichang Zhe, Xiaohui Hu
The loan-to-value ratio is the key to decide bank facing different degree of credit risk, which directly affect the profitability of the bank. In order to avoid bank's losses accused by inventory financing due to credit risk, this paper chooses the loan-to-value ratio as the research object supposed...
Proceedings Article
The research of negotiated acquisition's premium of listed companies
Xiangjun Yuan, Yan Zhou
In recent years, the mergers and acquisitions premium rate has been rising rapidly,totally beyond the rational expectations of the capital market and investors. Thus, this paper constructs the theoretical model based on the features of target companies in negotiated acquisition. The study found that:...
Proceedings Article
Tax incentives for modernization of the Russian economy
Igor Lukasevich, Panskov Vladimir, Sukhorukova Daria
The economic crisis has aggravated the socio-economic situation in Russia. In this condition the stable economic growth can be provided only through the increase of investments in the creation of new productive capacity. An important approach to solving this problem is the system of tax mechanisms that...
Proceedings Article
The effect of corporate geographic location on over-investment
Xintong Shi, Wenbin Bao
This paper aims to shed light on the effect of a firm's geographic location on its over-investment by using different location variables based on a sample of 1936 Chinese listed firms spanning from 2007 to 2016. We find that remotely located firms have higher level of over-investment. Remotely located...