Advances in Economics, Business and Management Research

This paper makes a through-out interpretation of the inflation hikes witnessed in the United States during the Covid-19 pandemic crisis. This paper incorporated economic theories and data in explaining the economic phenomenon during the pandemic crisis and predicting the future trend of inflation. The...

The problem of unemployment among university graduates is a consequence of changes in the structure of production and the economy of Russia, the weakening of state control and regulation. University graduates face a lot of problems when searching for jobs, being insufficiently in demand on the labor...

This article starts with the current status of RMB cross-border trade settlement, combined with data analysis, and summarizes the share of RMB cross-border payment in the global market, the coverage of RMB cross-border trade settlement system, the normalization of RMB swaps, and the new growth of RMB...

During the COVID-19 pandemic, the oil price fluctuated significantly due to dramatic changes in oil supply and oil demand, which leads to high volatility in oil-related assets and induces an urgent need to alleviate risks. We use a market neutral strategy to assess the results of hedging against oil...

In this paper, our team has launched a product we designed: “Magic Garden”. In this article, this work analyzed the availability of this product and the relevant information, and this work analyzed the literature we found and the content of questionnaire. After analyzing this set of data and positioned...

Human capital in a post-industrial society is becoming the main condition for the development of society and this is facilitated by the creation in Russia of scientific and educational centers (SECs). The main objectives of the activities of such centers are to enhance the economic and social life in...

This study seeks to analyze public investment in education from 2016 through 2018. The paper outlines the ever greater role of online learning in the Russian education market, in particular that of the MOOCs. It further defines the role of further education and advanced training. The authors point out...

Appearance anxiety has already become a common phenomenon in today’s society. Some high school girls begin to worry about their appearances and even feel anxious about the narrow definition of beauty and the influences of other people. This study utilizes online questionnaires to explore high school...

Commercial banks play an important role in China’s financial system. However, financial disintermediation has a significant impact on the traditional credit business of commercial banks. The scale of commercial banks’ capital stock has been gradually diverted from the source, causing a certain impact...

The article sets forth a generalized understanding of economies of scale in agrarian production as a complex integrative phenomenon, implemented in a unity of three components – the intra-branch scale effect in agrarian production, the quality effect, the number of enterprises and the effect of their...

In this paper, three stages of the development of the international monetary system are sorted out, and the development of the three global financial systems is interpreted. The advantages and limitations of the analysis of the world economic system at that time are analyzed. Looking at the current monetary...

Bilibili has a unique user interaction mechanism. From an empirical point of view, this paper conducted in-depth interviews with users watching Bilibili food videos, putting forward the research hypothesis and model of this paper, and designed a questionnaire, analyzed the influencing factors of user...

This paper aims to analyze the differences between customized and globalization marketing strategies under the context of KFC (Kentucky fried chicken) and McDonald’s in China. As most people know, KFC adopts customized strategy, while McDonald’s adopts globalization strategy when conducting transnational...

The model of calculation of volume of the materialized knowledge used in an economic system on the basis of the analysis of the used resources and the size of a gross product is provided. The model allowed to calculate return of business assets and intellectual factors and to estimate influence of a...

Loss aversion is another theoretical cornerstone of Kahneman and Tversky’s prospect theor, which has been applied by behavioral economists in many fields such as consumption decisions, production/supply, investment[1]. Benartzi and Thaler first tried to explain the mystery of equity premium by using...

The exchange rate, the price of domestic currency as compared against foreign currency, may incur fluctuations according to changes in the national macro-economy. This paper analyzes alterations in the exchange rate of the Egyptian pound over the past decade by tracking the impacts of political and military...

Although some countries or regions in East Asia achieved rapid economic development through the use of industrial policies after the Second World War, other countries or regions followed rarely succeeded. The effectiveness of industrial policy has become an important topic in academic research, but the...

The world advanced manufacture industry cluster is the advanced manufacture network with the same target and mutual benefit, integration and connection, which is established on basis of the professional work division requirement, and could occupy the industry highlands worldwide. The cultivation of the...

The article examines the correlation between the concepts of “professional education”, “professional teaching”, “professional preparation”, “qualification”, fixed in the Labour Code of the Russian Federation and the Federal law “On education in the Russian Federation”. In the Labour Code of the Russian...

The fundamental defect of the market constructed under a trinomial tree model lies in its incompleteness with initial risk-free and risky assets only. This paper analyzes the first-step probability behaviors of the trinomial tree model and summarizes how could introduce derivatives being a general solution...

Under the dramatic impact of Covid-19, the global economy has decreased sharply, and many countries have experienced negative economic growth during the pandemic. This study uses Fama and French Five-Factor model to investigate the reasons causing these changes and provide referential suggestions on...

This article analyzes the issues of legal regulation of activities and registration of a passenger taxi. Considering the provisions of the law draft, the authors conclude that quite a lot of gaps in the law draft, in particular, the law draft does not grant the right to self-employed be carrier, there...

With the rapid economic development and fierce competition, the top priority of listed firms will be given to investment efficiency. This paper reviews the relevant literature on the factors affecting the efficiency of corporate investment and its economic consequences. First, this paper presents the...

Prada is an Italian luxury brand founded in 1913 that offers high-quality leather goods, clothing, and footwear for men and women. On May 31, 2019, Prada’s official Weibo announced that the famous Chinese singer Cai Xukun became its Chinese spokesperson. Cai Xukun is a singer and actor who is popular...

In twenty years of establishing the foundations of the market economy in Russia, the main problem of innovative development has not been solved - attracting investments for the purpose of sustainable modernization and innovative acceleration. In order to attract investments and services of private business,...

Unsuccessful acquisitions usually occur in China’s jewelry industry. Because of this, according to the characteristics of the jewelry industry, this paper selects the free cash flow model to measure the value of the entity. Taking Zhou Dasheng company as an example, this paper introduces it by using...

The subject of this article is to analyze the financial statement and corporate strategy of Coca-Cola (referred to as KO) Company during the COVID 19 epidemic. The two main analysis methods are quantitative and qualitative analysis. The quantitative analysis uses ratios and Dupont to analyze Coca-Cola’s...

The research of the Far Eastern financial center in the context of the analysis of investment and business regional problems based on statistic information. The key factors are assessed that ensure the development of financial market and competitiveness of the investment climate in the Far East. It has...

Based on the China Health and Retirement Longitudinal Study (CHARLS) survey data of 2015, this paper analyzes the impact of public pension on family support from the perspective of the urban-rural difference by applying fuzzy regression discontinuity design. Wherein, family support is divided into three...

This paper first explains the specific definition of live e-commerce, and further combs the development process of the industry. In terms of current situation, the author analyzes China’s online Red economy live e-commerce industry from both sides of demand and supply. On the demand side, this paper...

The article highlights the issue on taxation of income gained by self-employment activity. This issue is frequently considered as a problem for many countries. Thus, study of successful practices of different developed countries may be useful for working out the national effective taxation system concerning...

With the booming development of the entertainment industry, various celebrities are also using their advantages to gain the attention of their fans, and at the same time, the fan community is also growing and expanding rapidly. “Fan economy refers to the consumption behaviour of fans for adoring idols....

The article presents the theoretical and methodological foundations of financing infrastructure projects, the current state and problems of the development of infrastructure mortgages which based on the mechanism of public-private partnership in Russia. A theoretical approach to clarify the conceptual...

This paper presents a stock investment strategy that can be applied relatively effectively under the current situation. We propose to design this recommendation based on the analysis of three main fields: finance, economics, and marketing. We examine and identify the damage extent of COVID-19 towards...

This article mainly discusses the current situation of the mobile game market and the direction in which it should move in the future based on the newly promulgated laws and regulations restricting minors. Based on previous papers, this article summarizes the current downturn in mobile games, analyses...

Method of assessment of reliability of investment climate by means of calculation of the system of indicators consisting of objective indicators, indexes, the generalized indicators of the integrated groups of indicators and a general indicator is given in article. The indicator analysis allows to estimate...

This paper is aims to establish a financial crisis prediction model in real estate industry. The data was acquired from financial statements of 125 listed real estate companies in China from 2013 to 2017 and listed companies marked with ST or ST* are regarded as enterprises in financial crisis. Since...

During the pandemic, the global trade has been affected a lot. Under the circumstance of the pandemic and the decreasing gross value of global trade over the world, China’s foreign trade has increased in 2020. The research has examined mainly on China’s foreign trade in order to analyze the causes and...

Currently, international tourism is a significant factor of sustainable socioeconomic development for most countries of the world, including Egypt. It ensures growth of the GDP, exports, investment, including foreign investment, and less unemployment. It also activates private entrepreneurial initiative....

Credit card payment has been flourishing in marketing transaction in the United States for decades, while variety of consumer behavior and digital development bring about new impacts on financial theft. The gender, the credit card knowledge, and country-based institutions would be some significant consumptions...

The maize market in China has improved and the productivity of maize in China has increased through the past decade. We studied the influencing factors of maize production in China during 2009-2019 by multiple regression, including mechanization, planting area, drone application amount and price change....

Fintech not only brings impact to the traditional inclusive finance, but also provides a new direction for its development. There is a synergistic effect between them. This paper selects several fintech and inclusive financial indicators to reflect the order parameter and uses AHM (Attribute Hierarchy...

The practice of applying international audit standards and assurance tasks requires continuous improvement of methodological tools. In the digital economy, when modern software and technology platforms are being actively introduced in business, audit and consulting sphere, science-based methods for assessing...

This paper using the pioneering Engel, Collet, and Blackwell model, describes five continuous decision-making processes, problem identification, information search, evaluation of alternatives, purchase decision, and post-purchase behavior, to explore how catering consumers make decisions. Through the...

Technological education of schoolchildren is currently a priority for the development of educational systems. Intensive development of nanotechnologies, robotics, biotechnologies requires improvement of competences of scientific and technological personnel, integration of knowledge and various directions...

Digitalization is the way for manufacturing enterprises to achieve transformation and upgrading, and there is no unified standard for how to assess the level of digital development of manufacturing enterprises. Based on summarizing the existing research on the degree of digital transformation of manufacturing...

With the vigorous development of cultural industry, there are some problems in the development of cultural industry in Shandong Province, such as large investment, low efficiency, unbalanced resource allocation, lack of human resources and weak public cultural awareness. How to maintain the high-quality...

Under a unique setting in China, the success of internal control is dependent upon whether the informational and disciplinary role it serves effectively manages risks. Using the data from the China Stock Market & Accounting Research database and Dibo databases, the relationship between internal control...

The article includes the results of a study of the business environment of the Dnieper-Dvina region (Smolensk, Vitebsk and Mogilev regions) for the period from 1992 to 2018. The article substantiates the allocation of three regions of the Russian-Belarusian border in a separate region. The integration...

This literature review examines the impact of analyst coverage on corporate innovation. The effect of analyst coverage has been discussed more frequently in recent years with the development of social media. Financial analysts play an essential role as information intermediary agents and monitoring forces,...

In the context of the COVID-19 pandemic, the validity of the Capital Asset Pricing Model (CAPM) in the U.S. stock market before and after the COVID-19 pandemic outbreak is tested, aiming to help investors have a deeper understanding of the relationship between risk and return in the stock market when...

Industrial Internet is the core of intelligent transformation of China’s manufacturing industry, and the implementation of intelligent manufacturing and the construction of industrial Internet platform services is also the main direction of digital transformation development of manufacturing industry....

The article discusses theoretical foundations and practical applications of the program-oriented method in the context of university campuses’ energy efficiency improvement. Best practices of foreign and Russian universities in the field of energy and resource efficiency are considered. In Russia, the...

China’s food delivery market has grown rapidly over the past decade, growing more than 30-fold since 2011. Amid an overall decline in the restaurant industry due to the widespread coronavirus, the takeaway industry has continued to grow steadily, injecting new life and vitality into the market. Behind...

The article deals with the urgent problem of managing the professional stresses of customs officials. The study presents the types of organizational and social conflicts while in the performance of duties. Stress factors and factors of personnel risks in the personnel management system and in the labor...

As gender diversity is increasingly valued in corporate governance, we investigate the impact of board gender diversity on corporate cash holdings. We infer a positive correlation between board gender diversity and corporate cash holdings. Combining single factor analysis and baseline regression analysis,...

The liquor industry has distinct development characteristics, the number of enterprises above the designated size is decreasing. The concentration trend of the industry is obvious and the volume of production and sales is showing a declining trend year by year, which reflects the change of market supply...

The Socio-economic changes in the modern health care system cause changes in the strategies of behavior of subjects of the system “doctors – patients”. Problems of human resources in the health system are currently characterized by shortage, insufficient qualifications, regional disharmony. The data...

Based on 459 Chinese listed technology companies from the RESSET Finance Database, this paper explores the influential factors of the financial performance of Chinese technology companies. With the application of statistics software, the data are processed through Person correlation and OLS regression...

This research is based on the situation of international trade. Since more and more transnational corporations expand businesses worldwide step by step, our research group are getting more and more interested in the situation of obstacles and drawbacks when transnational companies plan to enter a new...

To ensure the effective work of the board of directors in accordance with the best management practices in the field of corporate governance, it is required to organize and improve the work of committees. The subject of this paper is important and interesting also in that in the majority of mid-sized...

As the main part unit in R&D project,the research institutes accessing resources by the way of contract. Set up one model of relevant stakeholder department by the rules and analyse its feasibility.

Trade liberalization and protectionism have different characteristics and functions. Under the background of the epidemic outbreak and economic crisis, the global economy is affected detrimentally. How to effectively speed up economic recovery and promote future economic development through international...

With the popularity of mobile payment, there are more and more third-party payment platforms. People’s payment methods are gradually separated from the traditional banking business and choose more convenient third-party payment platforms. As a result, these platforms pose a significant threat to banks,...

This paper presents a model of behaviour in strategic alliances, the iterated assurance game model with an exit option. From the literature review and the derived model, several hypotheses are proposed and then tested using Wilcoxon rank sum tests. Data was collected from self-administered questionnaires...

The fertility restraint policy in China was officially announced in 1979 and still has continuous updates in recent years, intending to maintain continuity and stability of the demographic structure in China. This paper studies the economic effects of the birth control policy in China on the whole country...

Based on the analyses of the usage scenarios and limitations of the traditional NPV model, this paper aims to introduce and compare three kinds of the most practical and representative versions of the improved NPV models. In this study, the traditional NPV model is first introduced; followed by analyses...

Under the conditions of international economic and political instability, corporate risks exacerbate. Reserve funds and resources in the businesses on the basis of estimated reserves and liabilities are one of the risk management tools, that in their turn have quite a high level of variability as they...

As one of the most impacted industries by COVID-19, the airline industry has experienced significant changes in the past one and a half years due to the outbreak and rapid spread of the coronavirus. The top 3 airline companies in America, which are Delta Airlines, United Airlines, and Southwest Airlines,...

Asset pricing has always been a popular topic in economic research. The research on the relationship between risk and the stock expected return has attracted much attention, and many theoretical models have experienced evolution and upgrading. Capital Asset Pricing Model (CAPM), as a single factor model,...

Driving by the incentive to help policymakers design more appropriate decisions and providing individuals with more accurate direction about consuming alcohol, this study explores the impact of alcohol consumption on people’s employment attainment. The wage rate use is a specific measure for employment...

The article is devoted to the analysis of the international activities of state and non-profit organizations to support young compatriots abroad. Statistical data are analyzed; data on foreign countries are received. The methodology for analyzing documents has been studied by federal regulatory legal...

The COVID-19 outbreak is an unprecedented and unexpected event in Wuhan, China, in Jan 2020. This fast-spreading influenza disease has great influence on the Chinese economy. This paper explores the impact of the COVID-19, distinguishing these as impacts on the economy’s demand and supply sides. For...

The purpose of the research is to analyze the degree of guests’ confidence in the hotel enterprises services of Primorskiy Region and to develop recommendations for increasing confidence in their activities based on a strategic approach to the hotel business development. The reviews of staff and guests’...

Compared with traditional industries, the industries of the future are disruptive, high-growth industries with huge development scope and great potential of explosive growth. In the face of great change not seen in a century, the development of the industries of the future is a new focus of competition....

With the development of the Internet in China, the milk tea industry is thriving, and diversified marketing methods have been adopted and obtained good results. Under the influencer economy, the new media such as Weibo and Tiktok have been rising. This paper is concerned about the marketing strategy...

Municipal long-term programs and development strategies for regional municipalities are generated in compliance with a set of program documents of the higher management levels, federal and regional regulatory acts, social&economic growth plans and forecasts. The process of developing long-tern municipal...

With the development of modern science and technology, more and more taxi software and systems are gradually listed. Uber, as one of them, has become more mature and occupies its own place in the industry. In addition, as one of the leaders of the sharing economy, Uber has introduced this economic model...

Tencent has changed from a small company to an international company with billions of dollars in assets. This article further discusses Tencent’s overall development and Tencent’s business decisions by analyzing Tencent’s marketing strategy. This paper will further analyze Tencent’s strategies by referring...

The article is devoted to the urgent problem of regional development - the assessment of how the level of the service potential’s development of different level administrative centers influence the attractiveness of rural settlements. The prevailing downward trend in the population of rural settlements...

Recently, China has launched an infrastructure sector of real estate investment trusts (REITs) pilot related work in developed areas of China. China has great potential in REITs in terms of future market size. This paper aims to explore the limited factors for China to develop REITs by focusing on internal...

As a new developing financial market, cryptocurrency market is deeply concerned by investors and governments all over the world. However, due to its price instability, encryption and decentralization, the supervision of cryptocurrency has become a difficulty in the development of today’s financial market....

In present paper the problem of attitude of business consciousness of the International and Russian business communities in the field of the public non-financial reporting are studied. The foreign business community follows the basic principles and goals of the sustainable development, publishing a non-financial...

Because the per capita consumption of coffee in China is far lower than that in western countries. The market potential is very large, and there is a market vacancy between high-end coffee brands and low-end coffee brands. Luckin Coffee decided to build a cost-effective intermediate coffee brand in China....

To relieve the huge blow to the economy caused by the COVID-19 pandemic, this article is to verify that investment portfolio is an efficient method when investing in the US pharmaceuticals industry by utilizing daily stock prices of 4 out of the top 10 US pharmaceutical companies and treasury bill during...

The article considers the problem of the creation of an equity capital in an organisation as a net asset, and the influence of financial tools and unfunded items on it. A number of items are identified that are included in stock capital and connected with financial instruments and re-evaluation of capital...

Since the first U.S. case was reported on January 21, 2020, many American industries have been heavily affected from an economic perspective. This paper primarily gives a literature review on the negative impact of the COVID-19 pandemic on US industries with the help of historical data. To be more specific,...

The article presents project task of outsourcing merchandising as a marketing activity of a customer enterprise within the framework of a logistics system. Based on the analysis of working scenarios and comparison of existing schemes for services provision by full-time employees under conditions of staff...

E-Business platforms have developed rapidly in recent years, providing consumers and enterprises with a virtual trading environment, greatly facilitating people’s consumption behavior and reducing transaction costs. And this flexible trading method also provides a variety of possibilities for commodity...

The stock market plays an important role in the economy of a country in terms of spending and investment. Predicting stock prices has been a difficult task for many researchers and analysts. Research in recent years has shown that Long Short-Term Memory (LSTM) network models perform well in stock price...

Economy is periodically. In different period of economic, different kinds of asset (stock, bonds, commodities, gold) met different situation. How to divide and identify economic cycle [1,2] accurately that is very important to make an investment strategy and asset allocation [3]. The traditional way...

The paper proposes a fuzzy model for the choice of strategies for interaction with stakeholders of an organization, participating in a strategic alliance. It is assumed that the entry of an organization into a strategic alliance leads to changes in its relationship with stakeholders. This, in turn, leads...

In the real world, the number of couples with different levels of education is on the rise, so it is important to look at the consequences on marriage. To do the research, the tool we use is Stata. We set two regression lines: the first one tests the correlation between divorce, separation, and couples...

2016 has been called “the first year of live streaming” in China, and since then the live streaming industry has seen a blowout growth. The mode of “webcast + e-commerce” is a breakthrough to the traditional e-commerce model, and it is also an important monetization path for webcast. Live streaming commerce...

The work examines the influence of foreign markets on the spatial differentiation of vegetable prices in Russia using the example of regional tomato markets. To this end, a comparative assessment was made of the spatial differentiation levels of tomato prices calculated before the introduction of the...

The momentum factor was added to the four-factor model as an indicator based on the three-factor model. Fama-French also added RMW and CMA, two factors representing the company’s profitability and investment level, to obtain the five-factor model on the basis of the original three-factor model. Obviously,...

A global pandemic broke out in 2020. While the traditional business model has suffered a severe blow, some new business models have begun to appear on the stage of history, for example, Keep (An online fitness app) completed a rapid accumulation and conversion of user, and standed out among home-fitness...

This article discusses the issues of using methods of analyzing and forecasting seasonal time series to model the tourist flow as one of the most significant parameters of tourism operations. The authors considered reasonability of using the Holt-Winters approach to model time series, estimated model’s...

Multiple valuations are the main tool to value the stock prices of a company, examining the financial situation and stock price between the company and its main competitors. During the financial ratios analyzing the financial statement of a company, the Price-Earnings (P/E) ratio and EV/EBITDA are two...