Advances in Economics, Business and Management Research
25603 articles
Proceedings Article
Why Does Tea’ Stone Have the Potential to Succeed? —— Based on the POCD Analysis Framework
Haoqi Xiao
This paper analyses a new emerging pure tea brand, compared with many tea-related beverage stores that appear in the market. According to the research, people’s acceptance of such products is higher and higher, and the market competition is also intensified. The main purpose is to explain to readers...
Proceedings Article
Methodical Aspects of Pricing for New Industrial Production
O O Podoliak, T E Dashkova, T A Mineeva
In modern conditions of economic and technological development enterprises have to update their products constantly (to modernize existing products and to develop completely new). Therefore, the problem of the new products pricing becomes relevant and urgent. The article considers the dynamics of production...
Proceedings Article
Rapid Development of Douyin Will Have a Great Threat to Taobao and Subvert the Industry Pattern
Haining Liu
This article analyzes the data including double eleven turnover, anchor, and the customer satisfaction. It finds that the rapid development of Douyin has a huge threat to Taobao and has a trend to replace it. The study reveals that, firstly, Douyin is developing rapidly, and its turnover is much faster...
Proceedings Article
Blockchain for the Future Development of the Pharmaceutical Industry
Renfei Gao, Xiao Yu, Zhirui Zhang
Blockchain is an emerging industry, and its applications are well established in product traceability, data circulation, supply chain management, judicial depository, government data sharing, and livelihood services. In China, blockchain technology has great value in the medical industry and influences...
Proceedings Article
Specifics of the Key Competences Contours for the Industrial Enterprises
E Y Kuznetsova, O O Podoliak, T Albasha
The modern approaches of Russian and foreign authors to the formation and development of key competencies and extensive foreign experience in the application of this approach in industrial enterprises are studied. Direct application of foreign experience at Russian enterprises does not seem appropriate,...
Proceedings Article
The Morality Impact of Price War and Low Salary on the Chinese Delivery Industry’s Workers
Shenhong Li, Ziyi Wang, Linkun Han, Junyu Shi, Junyu Yang, Runqi Zhang
As is known to all, the delivery industry is one of the world’s largest industries nowadays. Moreover, China’s delivery is thriving these days, and it has already developed over 30 years with the total number of delivery works achieved more than seven million. Sadly, there are several moral problems...
Proceedings Article
Study on the Development Plan of Cruise Tourism in Sanya Phoenix Island in Hainan area
Focusing on the Current State of Caribbean Cruise Tourism and Tourist Reviews
Huimin Yang, Shuwen Zhao, Weisen Gao, Chulsoo Kim
With rich tourism resources and outstanding geographical advantages, Hainan has good conditions for the development of cruise tourism. The strategic positioning of Hainan as an international tourism consumption centre has put forward higher requirements for the development of cruise ships in Hainan,...
Proceedings Article
Rationing and Motivation System for Workers of Production Crew on the Example of the Tubular Mill Workers
Y N Markova, S U Matalasov, A V Ershov
Despite high rates of market model economy development in Russia, elements of planned system keep the relevance to this day. So, the production organization of the successful enterprises of the Ural region and the country in general, often includes the adapted techniques of 20, 30 and 50 years old. One...
Proceedings Article
The Development Status and Future Trends of China’s Vaccine Industry
Xiyu Wang
The outbreak of the COVID-19 has focused the attention of various countries on the vaccine industry. China’s vaccine industry started late, has a small scale and has been presented less in international conference journals, but in the wake of this COVID-19, China has drawn significant attention to the...
Proceedings Article
Impact of Covid-19 on Tourism Industry
Zihan Zhu, Xing Gao, Rujia Chen
The COVID-19 pandemic presents an unprecedented challenge to many businesses around the world, leading to a devastating economic disruption. It has specifically brought a huge destructive impact on the travel and tourism industry and caused significant effects. Following the lockdown, many countries...
Proceedings Article
Regional Economic Policy Diagnosis Taking Into Account Productive Components
A D Barinova, M A Barinov, S A Nikonorova
The article presents approaches to the interpretation of the “regional economic policy” concept in a theoretical way. A rather extensive controversy regarding this category, assessment methods, determines its versatility and capacity, indicates the presence of scientific interest in this term at this...
Proceedings Article
Transformation of Enterprise Innovation Achievements and Enterprise Growth Under Environmental Protection Regulation
Evidence from China
Yuan Wang, Binxue Han, Jinxin Huang, Chenyu Fan, Huiqi Zhou
Using the panel data of Chinese listed enterprises from 2007 to 2020, this paper analyzes the impact of enterprise innovation achievement transformation cycle on enterprise growth. It further analyzes the impact of policy pressure and enterprise internal governance on the above process. The results are...
Proceedings Article
How Businesses Might Prevent Issues Arising from Cultural Differences in Online Negotiations
Tong Wu, Zihan Wang, Jisong Li, Siying Liu, Ruanxi Du
In this work talking about when foreign trade happening, which is a form of trade with great cultural differences, changes online, what kind of online cultural differences and communication difficulties will be caused is the main goal of research. Many cultural differences caused by online business negotiation...
Proceedings Article
Foresight Technologies in the Region: From Identifying Problems to Developing Solutions
A Yantranov, N Atanov, F Khandarov, S Yantranova
Global change and connectivity require new management approaches. First of all, the business sector adapted to the new conditions, actively implementing modern flexible approaches to management. It is also becoming important for States and their administrative-territorial associations to identify and...
Proceedings Article
Comparisons of the Different Views of Face Negotiation Theory
Tianyu Gu, Zhiyuan Guan, Jiacong Tang, Dongye Wu
People from different countries are influenced by economic globalization. This situation leads to a large number of negotiation difficulties due to different cultural backgrounds and various views of the “face” problem. Face Negotiation Theory (FNT) is an original theory to explain how people manage...
Proceedings Article
Analysis of the Impact of the Epidemic on the Technology-related Industry by Fama-French Five-factors Model
Guoxu Zhou
Before and during the epidemic, all major industries were hit and affected to a certain extent. In this paper, the Fama-French five-factor model is used as the basic model. The data from the French database and the method of linear regression are adopted to analyze the impact on the technology industry....
Proceedings Article
Role of Translators–Interpreters in the Development of Regional Tourism Cluster
T I Retinskaya, I N Shchekotikhina, A V Klotchkov
The authors summarize the experience in training translators/interpreters to participate in the popularization and promotion of regional tourism product abroad. It is substantiated that interdisciplinary collective project implemented in the framework of practice for obtaining professional skills and...
Proceedings Article
An Empirical Study on the Relationship between American Stock Market and Exchange Rate under the COVID-19
Chenyao He, Xingkai Zhao
From 2020, the COVID-19 pandemic spread globally and had a significant impact on the economies of most countries. This article analysed the impact of the COVID-19 pandemic in the United States and the dollar exchange rate on the US stock market. We found a significant statistical correlation between...
Proceedings Article
Digital Expansion Path from the Perspective of Diversification Strategies
Multiple-case Study on Chinese Digital Firms
Fan Lemiao, Ma Zhengkai, Sun Heyang, Zhu Danyuan
In the digital economy environment, with the rapid development of new generation communication technologies such as artificial intelligence, blockchain, cloud computing, and big data, enterprise innovation can no longer be promoted by pre-determined participants in the traditional sense of the linear...
Proceedings Article
Certain Issues of Legal Regulation of Economic Security
N A Sattarova, N N Boyko
The article provides an analysis of current issues of legal regulation of economic security in Russia. The authors restricted themselves to separate issues of legal regulation of security of the economic system that allows to efficiently and consistently resolve social issues by means of stability of...
Proceedings Article
Regional Competitiveness: The Search for Effective Solutions in the Field of Innovative Development
S A Tumenova
The article is dedicated to the issues of increasing the competitiveness of Russian regions in the context of updating innovative types of development. The necessity of a differentiated approach to enhancing innovation at the regional level in accordance with the principles of “smart specialization”...
Proceedings Article
Information Spillover Effect Changes of Major Financial Markets: Evidence from the 2015 Chinese Stock Market Crash
Wenyu Zhu, Lulu Pan
This study investigates how the 2015 stock market crash in China affects the characteristics of information spillover among China, Hong Kong, and the United States. The VAR-BEKK-GARCH and DCC-MGARCH models are employed to confirm the changes. Results show that the 2015 crash strengthens both mean and...
Proceedings Article
Is China’s Investment A Debt Trap? -A Comparative Research Based on the Investment in the United States, Europe and China
Yichen Hao
The essay is to prove that Chinese investments in developing countries are not a debt trap by comparing US, European and Chinese investments. This phenomenon has been observed in recent years and it was usually questioning China’s motive of foreign investments from the perspectives of Western countries....
Proceedings Article
Methods of Organizing the Regulatory Framework of National Strategic Planning in Russia
Y Mishin
This article is dedicated to a study of organizational and methodological issues of developing a progressive database to improve the degree of substantiation of predictive and planning analytical calculations for strategic planning documents. The article provides an analysis of methodological documents...
Proceedings Article
Understanding the Strategic Human Resource Management and Firm Performance: What Knowledge Can We Gain about Small and Medium Sized Businesses?
Yang Gu, Xinyi Luo
Since the beginning of strategy studies, strategic aspects of human resource management among small businesses have been one of the most prominent topics in research publications. The article will fully investigate the influence of systematic human resources planning on corporate productivity, which...
Proceedings Article
Board Gender Diversity and Firm Performance: Evidence from China
Jiabo Fan, Haochen Wang, Ziqi Xu, Fanrui Zhao
This paper examines the impact of board gender diversity on firm performance. Based on the data of Chinese listed companies, we find that, first, there exists a significant positive effect of board gender diversity on firm performance. The result still holds after a series of robustness checks, such...
Proceedings Article
Analysis of the Richness of Functions of Mobile Banking Services and Users’ Satisfaction
Chao Chen, Wenhao Huang, Yihang Ma, Yiran Tang, Yang Zang
The purpose of writing this article is to use appropriate data analysis tool to do research on 2 important factors about the mobile banking services, which are the richness of functions and the users’ satisfactions. To study that, we first looked up several related academic papers and most of them are...
Proceedings Article
The Strategy of Spiritual and Moral Improvement of the Economic Man
S D Mezentsev
The article deals with the strategy of spiritual and moral perfection of the economic person, what was formed in the framework of Protestantism. The Reformation, where Protestantism had appeared, brought to life the economic man and started the foundation of capitalist society. A description of the theological...
Proceedings Article
The Valuation of Up and in Barrier Options on the Tesla Index
Yangchi Chen, Sirui Wen, Yuying Xing
This research researched to evaluate the valuation of in and up barrier methods in Tesla’s index. This research used the pricing model of barrier methods and, specifically, the Black Scholes model. The model is favorable for some reasons such as being less costly than conventional models that attract...
Proceedings Article
Research on Disney’s Possible Expansion Strategy in Asian Market
Ziying Hua, Hao Song, Kunzhi Zou
Disney’s financial statement shows that from 2011 to 2020, Walt Disney mainly gains its revenue through Canadian and American market, but fail to effectively gain profit in Asia, especially in China--Shanghai Disneyland fails to provide respectable income for Disney. This phenomenon, known as inorganic...
Proceedings Article
Tools of Management Distribution Optimization in the Regional Economic Systems of a Trading Environment
G Demchenko, V Lukinykh, Yu Lukinykh
The study of current trends in the development of economic activity of enterprises in Russia, on the one hand, and the sources of economic growth, on the other hand, indicates a significant increase in the role of control instruments in the economic entities management. Considering the optimization system...
Proceedings Article
Literature Review of Innovation and Entrepreneurship Management
Lan Luo, Zaixu Wang
Innovation management is the industrial implementation and exploitation of unique thoughts and examinations and innovation practice in an association to promote and make new ideas and business possibilities possible. It consists of innovation strategy, culture, thoughts management, and implementation...
Proceedings Article
The Influence of Coronavirus on the Profitability of Educational Enterprises
Qiancheng Xu, Linjia Zhang, Liuweier Zhang
We use quarterly data, covering 4 years from 12/31/2016 to 12/31/2020, freely available from the CSMAR database. Data analysis is conducted by R and STATA statistical software. The one-way analysis of variance (ANOVA) and Kruskal (rank-sum) test is used to determine whether the mean values of three or...
Proceedings Article
The Competitiveness of the Amur Region in the Use of Information and Communication Technologies
A V Vasilyeva
Article is devoted to a research of competitiveness of the Amur region in the field of use of information and communication technologies in the organizations. Interregional comparisons of use of ICT in the regions entering the Far Eastern Federal District are presented in article. Comparison of regions...
Proceedings Article
The Research of the Relationship between Taoist Thought and Management
Yunzhenhong Zou
There is not much literature on this topic, but what can be found is of very high quality. Many modern enterprises use the management model proposed by western management, but Chinese enterprises should focus on the national conditions to find a management mode that conforms to the characteristics of...
Proceedings Article
Research on the Operating Mechanism and Supervision of Platform Economy
Ranyi Wei
With the continuous development of the Internet, China is paying more and more attention to digital development and the construction of “Internet +”. As the Internet and the industry keep integrating with each other, there have appeared various platforms which can connect to more industries. The platforms...
Proceedings Article
Territory Branding Modelling: Problems and Solutions
T G Butova, E B Bukharova, S L Ulina, E Y Yakovleva, V N Morgun
The evergrowing competition of countries, regions, cities and the increasing demands of the population for the quality of the surrounding environment called for the creation and maintenance of positive image and reputation, the main constituent of which is the branding of territories. Effective use of...
Proceedings Article
Financial Market Analysis for Duration and Modified Duration
Jiankun Wu
Under the wave of financial liberalization and interest rate marketing, the interest rate risk prevention problems faced by commercial banks are becoming increasingly prominent. Interest rate risk management has become an extremely important link in the management of commercial banks. Macaulay’s retention...
Proceedings Article
Developing the Expert System for Assessing the Resilience to Crisis of Enterprises with Weak Dynamics
A V Sedelnikov, E S Khnyryova
In the last decade there has been considerable interest in the problem of enterprises crisis resolution. It is related to the fact that a number of economic crises hit many countries. This paper presents a new approach to assess the resilience to crisis of enterprises. For this purpose, we propose to...
Proceedings Article
Brand New Milk Tea Market: Chinese Milk Tea Development and Brand Analysis
Wingnam Shi, Chongxin Yang, Pengjun Yu
Since the beginning of the 20th century, the milk tea industry grew rapidly in China and has become a popular leisure activity for young people. According to the study of three chain stores in China, low-end milk tea stores are inexpensive and affordable, while mid-range milk tea stores have a wide variety...
Proceedings Article
Research on Measures for China’s Real Estate Enterprises under the Background of ‘Three Red Lines’ Policy
Jiasun Liu
Since 1980, houses have been defined as commodities, and Chinese real estate has officially become an industry. On August 23, 2020, “a key real estate enterprise fund monitoring and financing management rules “which is also called “three red lines” have been formed. This article explains the constraints...
Proceedings Article
Development of the Foreign Economic Ties and International Relations in the Region: Case of the Sverdlovsk Region
A S Nikitina, A V Ruchkin, N N Startseva, O M Trofimov, N K Shemetova
This article analyzes the current problems and promising directions of development in the field of foreign economic relations and international cooperation of the Sverdlovsk region. As a result of the analysis of normative legal acts, statistical analysis of data from open sources on the activities of...
Proceedings Article
Research on GDP Forecast of the Inner Mongolia Autonomous Region Based on ARIMA Model
Zihan Zhao
This study focuses on the GDP development and forecast of Inner Mongolia Autonomous Region from 1993 to 2020. ARIMA model and time series forecasting are built to analyze the population development and forecast the GDP index in the next five years. The results show that the GDP of Inner Mongolia Autonomous...
Proceedings Article
Evaluation of Highland Barley Industry Development Level in Qinghai Province
Pan Zhihong, Ding Shengxi Si
Rural revitalization is a necessary link to realize the goal of national rejuvenation and people’s happiness in China, and the key to promoting rural economic development. It is worth discussing how to seek the maximum optimization and upgrading of industries in the right opportunity to stimulate the...
Proceedings Article
The Strategy of Sustainable Development of Urban Transport
I V Spirin, O Yu Matantseva, Yu M Grishaeva
In the modern economy, the actual purpose of business (profit) came into conflict with the social and environmental results of production activities. The internationally recognized concept of sustainable development provides a comprehensive solution to economic, social, environmental and other problems...
Proceedings Article
The Effectiveness of Brand Culture on Customer Engagement
A Case Study of Spotify in the U.S.
Shukun Yin, Lintong Fu
Spotify is a Swedish digital music streaming service and technology company founded in 2006 by Daniel Ek. In the US market, Spotify is the most predominant audio streaming service among its competitors. The primary purpose of this research was to explore how Spotify took advantage of its branding culture...
Proceedings Article
Application of Modern Portfolio Theory in Stock Market
Yumeng Liu
When investors face investing problems, the main issue is to make decisions on how to allocate resources among the variety of different assets, especially in the rapidly growing stock market.The paper aims to design an investment strategy for risk-averse investors. We use modern portfolio theory and...
Proceedings Article
Functional / Process Simulation of the Risk Analysis Procedure with IT Support
D I Panyukov, E V Panyukova
The article contains results of the functional/process simulation of the risk analysis procedure based on the FMEA (Failure Mode and Effects Analysis) methods. The authors reviewed the primary literature sources on this issue and decided that it was necessary to simulate this procedure in two notations...
Proceedings Article
COVID-19 Unemployment Rate Trend Analysis
Weijia Li, Zekun Wu, Wentao Xin
During the outbreak of COVID-19, the global economy continued to decline, GDP continued to decline, many companies were unable to operate funds and faced bankruptcy, and economic trade shrank. The labor market in the United States has also been severely affected. The financial situation is declining....
Proceedings Article
Personality Characteristics and Anchoring Effect in the Newsvendor Problem: A Laboratory Study
Wenmin Han, Min Huang, Wenhui Niu
The Ordering decisions made by decision-makers are affected by their personality characteristics and uncertain market environment, and have always been focused on by scholars. This study used MBTI to classify the personality characteristics of decision-makers, and the E-prime software combined with the...
Proceedings Article
Methods for Assessing the Tourist and Recreational Potential of the Territory
E O Ushakova, M Y Tsoy
Regional socioeconomic planning requires assessing the local resource potential from the economic standpoint. The assessment must cover the tourism opportunities the region has, as domestic and inbound tourism is a national priority. This makes relevant any effort to improve the methodology for assessing...
Proceedings Article
Identification of Optimal Risky Portfolios for Hedge Fund
Runsheng Rong, Yongwei Yang, Mengru He, Dingyin Hu, Zhenting Gu
The hedge fund market, stock market and bond market all have high risks. The purpose of our project is to build the optimal risky portfolio consisting of ten different strategies (which includes Arbitrage, CTA/Managed Futures etc.) to diversify risk and gain a high return, and we also conducted a 5-fold...
Proceedings Article
Anchoring Effect in Different Promotional Forms in the Consumption Field
Taking Price Discounts and Gift Discount Activities as Examples
Jinxi Chen
This paper is aimed at discussing the anchor effect in a promotional scenario. In this paper, the research statistically analyzes the consumers’ choices of different promotion forms under different degrees of promotion and the impact of consumers’ choices on their cognition of the price through the method...
Proceedings Article
Biomathematical Culture and Peculiarities of Its Formation of Students of Biological Specialties
Yu S Kostrova
Despite the needs of the labor market in biologists who know mathematical methods at a high level, the current system of mathematical training of students of biological specialties does not meet these requirements. The article discusses the concept of biomathematical culture of the students as the main...
Proceedings Article
From Brand Identity to Brand Loyalty
Illustrated by the case of Bandai
Lin Zhuoyun, Zhang Yankun
With the development of society, people’s material standard of living is improving continually. In this case, compared with the necessities of life, more and more people have started pursuing some mental issue. When this trend comes to the product market, it is embodied in that customers put more focus...
Proceedings Article
Automation of Cost Evaluation Methods When Choosing a Commercial Web Resource Through the Example of Primorsky Krai
L V Mkhitaryan, G F Pavlenko, T N Popova, G P Ozerova
The paper discusses practical methods used to evaluate the technical and economic features of the software system design project: the COCOMO method, PERT method and the method of estimating labor costs based on the database dimension. These accurate methods ensure simplicity of calculation and can be...
Proceedings Article
Comparison of Foreign Investment Reviews Between China and the European Union
Jiawen Li
With the development of the global economy, investors are not just satisfied with the investment in their own country, they are increasingly focusing the investment on overseas markets. How to investigate the multinational corporation, especially security issues, is a huge challenge for the host country....
Proceedings Article
The Impacts of COVID-19 on the Indexes
Economic Effects in the U.S. and China
Jialong Chen, Qiqi Li, Xiajie Yu
This article analyses the industry indexes in the U.S and Chinese stock market during COVID-19 to research the impact of COVID-19 on different industries in the U.S. and China. The data was collected based on the industry indexes during four selected periods of COVID-19. We analyzed the difference in...
Proceedings Article
Investment Decision Analysis Based on NPV, IRR, and the Fisher Separation Theorem
Chen Tan
In today’s society, investment decision-making has become one of the main decisions of every large-scale company. The management and shareholders of the company conduct reasonable analysis and vote for high-quality investment plans. The paper mainly shows the impact of economic models on project decision-making,...
Proceedings Article
Modern Practices of Teaching Materials Development for Higher Polytechnic Education
Z Ivanova, S Shvedov
The article raises the question of the need to strengthen the polytechnical element in higher education and to combine knowledge and skills from natural, technical and social sciences. Today the training of new specialists requires a transition from traditional training materials to a new generation....
Proceedings Article
Marketing Strategy During the Pandemic: A Study of Chinese Live Streaming E-commerce Based on Taobao Live
Youjing Liu, Zhewen Xu, Haiyan Wang, Jingying Xu
With the outbreak of COVID-19 in 2020, many companies were forced to change their traditional marketing strategies to survive, while the live streaming E-commerce strategy stood out owing to its numerous advantages. On the premise of the success of the live streaming E-commerce strategy, this paper established...
Proceedings Article
Analysis of the Business Model of e-commerce Companies under COVID-19: Taking Alibaba as an Example
Hongyi Chen, Yueqiao Feng
With the increase of Internet usage and the impact of COVID-19 pandemic, the market share of e-commerce is growing rapidly, and various types of e-commerce websites is emerging. Alibaba, as a leading enterprise in China’s e-commerce market, has been affected by the environment in this period, and has...
Proceedings Article
Timely Financial and Economic Literacy for School Children as Basis for Economic Growth in Future
D Shvandar
High requirement for basic knowledge of entrepreneurial activity together with the need to complexly approach the process of development and implementation of measures in in educational institutions increases, it is becoming more acute to study complex techniques for financial and economic literacy implemented...
Proceedings Article
Research on the Development of Pension Real Estate in China
Zizhao Jiang, Gexiang Zhang
In recent years, due to the increasing number of elderly people in China and the declining fertility rate, the retirement of these elderly people has become a major social as well as medical problem. Accordingly, the pension real estate industry has been growing over the years. However, it is a fresh...
Proceedings Article
Research on the Impact of Advertisement on Consumer Behavior
Bowen Fan
Marketers use various media platforms to influence consumer behavior and maintain customer loyalty in the market. In this connection, it is imperative to note that various advertisements on the media platforms contain diverse information concerning the products. This engages the consumer to develop an...
Proceedings Article
Research on the Influence of COVID-19 on Transportation Industry Based on Fama-French Five Factor Model
Chenyang Peng
Over the years, the Capital Asset Pricing Model (CAPM) has been continuously improved with the efforts of many researchers. In this study, Fama-French five-factor model, which is excellent in estimating the average stock return, is used for regression analysis. Analyzing the performance of the three...
Proceedings Article
The Status of the Russian Education System: The Modernization of Human Resource
O K Kudriashova, AV Mar’ina, G R Fakhretdinova, O Y Khanova
In this article, the authors are going to examine the contemporary status of human resources in Russia. The essential approaches to the education system’s quality will be analyzed. The main problems of the educational domain will be revealed, as well as the ways of its abolition and human resource development.
Proceedings Article
A Study on the Inspiration of China’s “Blue Carbon Ecosystem” for the Development of Coastal Areas in Korea
Huimin Yang, Shuwen Zhao, Weisen Gao, Chulsoo Kim
In a speech to the National Assembly on 28 October 2020, South Korean President Moon Jae-in announced that South Korea would become carbon neutral by 2050. Since then, how to achieve carbon neutrality has become a common topic of discussion among Korean scholars. This paper focuses on the policies related...
Proceedings Article
The Impact of Human Capital on the Efficiency of Technological Innovation Application
V S Zharov
A problem of giving a quantitative evaluation of how the human capital affects the level and dynamics of the innovation-driven technological development of economic production systems of various levels, including manufacturing enterprises, has not yet been expressly solved. This fact lowers the scientific...
Proceedings Article
Failure Analysis of Queensland Payroll System
Zhu Ziyan
Queensland government tried to innovate and improve the payroll system, but there were many loopholes in the operation of the project. In fact, from 2015 to 2020, about a quarter of the state’s public health workers have to bear outstanding debts due to the Queensland Government’s overpayment of about...
Proceedings Article
Review of General Management Under COVID-19 ---Take Road Traffic and Transportation Management as an Example
Jiayue Dang
General management mainly includes policy management, safety management and financial management. Under the background of COVID-19, general management has played an important role in maintaining the order of our life. Road traffic and transportation management is one of the best examples. Under COVID-19,...
Proceedings Article
The Progress on Real Options for Company Valuation
Yixuan Chen
Nowadays, real options derived from financial options are increasingly used in asset pricing. However, with different business models varied by companies, the existing real option pricing models are unable to be generally adopted. This paper addresses the problem of asset pricing under the impact of...
Proceedings Article
Risk Assessment Methods of HEI
R Aetdinova, O Chorosova, I Maslova
This article sets out to discuss an analysis of different methods of assessing risks in relation to universities. The study focuses on a review of qualitative and quantitative methods of assessing risks, and an analysis has been made of the possibilities of using these methods for the purpose of assessing...
Proceedings Article
Research on Luxury Consumption in the Background of Financial Crisis
Cao Jiachen
Under the financial crisis, the demand decreases significantly in the whole economic market, while the amount of consumption in the whole luxury economy market is not clear yet. This article is mainly based on two perspectives of direct and indirect impact to explore the positive promoting effect and...
Proceedings Article
Evaluation of Risk Manageability of HEI
R Aetdinova, G Galiullina, G Solomonova
The article sets out to consider assessment of risk manageability in institutions of higher education. The study examines a classification of external and internal risks characteristics of the universities, the technology of expert assessment of risk manageability. The methodology of determining the...
Proceedings Article
The Effectiveness of Private Domain Traffic Strategy in Large Cooperation
Taking Lululemon as a Classic Example
Haotian Xiang, Qing Wang, Jie Cui, Jinyi Yang, Yiqin Zhang
Influencer marketing considered an emerging marketing tool has been used by most of the large corporations and developed a few branches such as public traffic pool strategy as well as influencer marketing strategy. Private traffic pool strategy is one of them. Normally, this method suits companies with...
Proceedings Article
Forecast on S&P 500 Index Barrier Option with BSM Model
Shuqing Qi
Instead of buying the stocks or shares directly, the call option gives a chance for owners to buy it at a specific predetermined price, which prominently decreases the risk for the customers. Thus, it plays a significant role in the economic market and be widely used in a considerable number of financial...
Proceedings Article
Challenges and Countermeasures of Chinese Cross-Border E-commerce Development in the United States
Sizheng Qu
With the upgrading of residents’ consumption level and the popularization of overseas e-commerce platforms, the development of Chinese cross-border e-commerce has new opportunities. However, under the influence of the China-US trade frictions, Chinese cross-border e-commerce development in the United...
Proceedings Article
Processes of Reforming Regional Strategic Planning in the Conditions of Digital Transformation of Public Administration in the Russian Federation: Assessment of Results and Trends
O M Pisareva
The author presents the results of a scientific study and assessment of the current effectiveness of modernizing regional strategic planning in the context of updating the general concept of public administration and in the context of the formation of a digital public administration platform in the Russian...
Proceedings Article
The Impact of FDI on Local Innovations in China
Evidence from Beijing-Tianjin-Hebei Urban Agglomeration, 2011-2018
Yunxin Ye
Innovation and Foreign Direct Investment (FDI) are two major sources of economic growth. The State Council’s executive meeting urged further taking forward the nationwide initiative spurring innovation to unleash social creativity. Empirical studies of FDI effects on innovation with prefectural data...
Proceedings Article
Economic Policy Uncertainty and Corporate Investment - Cash Sensitivity
Jiezhang Huang, Jiasen Zeng, Xujuan Zhan
This paper explores the relationship between economic policy uncertainty (EPU) and corporate investment cash sensitivity. We find that economic policy uncertainty has a significant impact on the investment-cash flow sensitivity of firms. Moreover, these results were still robust after a series of robustness...
Proceedings Article
Digitization of Rural Industries: Current Situation, Progress and Prospects
Tiantian Wang
The digitization of rural industries is the core of the construction of digital villages. It is a new driving force for realizing rural revitalization, promoting the transformation and upgrading of industrial structure. Based on the analysis of the status and progress of the digital development of rural...
Proceedings Article
Factors of the Economic Adaptation of Migrants
K V Fofanova, A A Sychev, D M Borisov
The paper is focused on economic adaptation of migrants which is understood as the process of their integration into the economic system of the host community. It involves the acquisition of knowledge about its functioning, assimilation of economic norms adopted in it, formation of practical skills of...
Proceedings Article
Analysis of Enterprise Strategy Mechanism from the Perspective of Globalization
Taking Yulife as an Example
Yuxuan Li
Yulife is a British insurance company and it has had some successes in Britain. The main products of Yulife are B2B and B2B2C insurances. Yulife has its unique application for its customers, which is one of the largest advantages of Yulife. This article uses PEST and SWOT to analyze Yulife. According...
Proceedings Article
Business Report: Is the Shared Fascia Gun Plausible in China?
Haopeng Bai
After exercise, people usually seek for a way for relaxing muscles. Otherwise, their muscles and joints will become stiff. If this situation continues for a long time, it will cause great damage to people’s body. And the fascia gun is a convenient and inexpensive way to effectively relieve muscle pressure....
Proceedings Article
Organizational Forms of Development of Scientific and Technical Products
I V Ershova, A E Ershov, Ya G Bezdezhskaya
The article proposes to use a new form - outsourcing project, as opposed to the traditional form of work under individual contracts, which includes work on several stages of the life cycle, for the development of complex scientific and technical products. At the same time, the calculation of the cost...
Proceedings Article
The Application of Mental Accounts of Behavioral Finance in Internet Economy
Weisong Nie
With the development of e-commerce platforms, online shopping has brought many conveniences and benefits to consumers, and more and more consumers have joined the ranks of online consumption. Large-scale e-commerce and frequent merchant promotions have stimulated consumption, causing transaction records...
Proceedings Article
Based on the Green Technology Changes on the Motor Market Environment Research: Take CRRC Zhuzhou Locomotive CO.,LTD as an Example
Yifan Sun
Since the Third Scientific and Technological Revolution, with the development of society and the continuous upgrading of information technology and the increasing awareness of environmental protection, people value the high efficiency of industrial products in terms of energy efficiency and environmental...
Proceedings Article
About Valuation of Receivables of Non-Profit Organizations Managing Housing Stock in the Transition to IFRS
O G Zhitlukhina, M A Iashchuk
The main source of financing for non-profit organizations managing housing stock is the maintenance fees of apartment owners, calculated in proportion to their share in the right of common ownership of this property. Therefore it is important for such organizations to control the receivables of apartment...
Proceedings Article
Evaluation on Start-up Companies Based on POCD Framework: Case of Brightinsight
Zirui Niu
In today’s environment, deciding whether to invest in a business usually requires evaluating the market value of the business. For start-up companies, it is difficult to find an effective way to analyze the market value of a company and decide whether to invest. In this research, we propose a method...
Proceedings Article
Young Chinese Consumers’ Willingness and Acceptance Towards Artificial Meats
Zekai Wang
This paper asks the young Chinese consumers’ willingness and acceptance towards Artificial Meats. To do so I sent out 100 questionnaires to investigate the attitudes of young Chinese people towards the consumption of artificial meat. I received 83 questionnaires in the final return stage. The key findings...
Proceedings Article
Influence of Economic Factors on Domestic and Outbound Tourism’s Main Priorities
S U Niyazbekova, B Bekbenbetova, R Zh Kurmankulova, M A Abilmazhinov, A S Zueva
This study examines inbound and domestic tourism as one of the most significant aspects of the socio-economic spheres shaping the country’s reputation and hospitality, as well as creating employment in this area. The article carries out a thorough analysis over several years, which covers the number...
Proceedings Article
The Influence of Platform Economy on Financial Function
Xiaoyan Zhang
Today, with the rapid development of Internet information technology, the platform economy (PE)model covers most areas of people’s economic life, and has caused subversion and innovation to the business model and pattern of the traditional financial industry. PE plays a significant role in the development...
Proceedings Article
Research on Finance Liberalization and Regulation Based on the Experience of China’s Liberalization Transformation
Shuchen Guo
Financial liberalization has been widespread since the 1970s. A series of financial crises, such as the Crisis in Southeast Asia, occurred when countries transitioned to financial liberalization. As a result, people believed that financial regulation and liberalization were a prisoner’s dilemma. By studying...
Proceedings Article
Options of Improving Customer Focus of Small Businesses
N A Pleshkova, A K Nesmelova
Customer focus is one of the key factors determining success of small businesses. The purpose of this study is to define the options for improving customer focus of small enterprises and their staff and to implement the tools required to that end. The article proposes both organizational and individual...
Proceedings Article
Strategic Direction for the Development of SMEs - Based on the Successful Experience of POP MART
Ruiyuan Qi
At present, the lifestyle toy industry has shown great development potential in both domestic and international markets. With the introduction of blind box products into China, the market of blind box products in China has rapidly grown to a ten million market. Since its establishment 11 years ago, POP...
Proceedings Article
Management Economics’ Optimization of Enterprise Organizational Structure
Jiaqi Shi
Managerial economics is concerned with decision-making within an organization and how the principles of economics can be applied to this endeavor. The current research sought to determine (1) how decision-making power is distributed within organizations, (2) what type of organizational structures firms...
Proceedings Article
Task Approach in the Bachelors’ Professional Competence Formation
K F Gabdrkhmanova, G R Izmailova, L Z Samigullina
The paper reveals the ways and means of improving the quality of training graduates in the field of “Oil and Gas Business” through a competence-based approach implementation to the content of vocational education modernization. The article provides a rationale for the expediency of using the task approach...
Proceedings Article
Research the Impacts of Covid-19 on U.S. Entertainment and Publishing Industry Based on Fama-French Five Factor Model
Boyang Wang
The outbreak of COVID-19 in early 2020 has had a huge impact on the global economy. This paper aims to analyze the impact of the outbreak on the entertainment industry and publishing industry. Stock market data of selected industries is used for analysis, and Fama-French five-factor model is adopted...
Proceedings Article
Application of Fishburn Sequences in Economic and Mathematical Modeling
E S Remesnik, A V Sigal
The paper validates the fitness of taking a game-theoretic approach to modeling the process of executive decision-making in the economy in the context of the third information situation, when the probability values of the economic environment states are unknown and must be in line with the corresponding...