As China economy has stepped in the New Normal, Chinese government has emphasized to improve the business environment, intending to attract foreign investment, which contributes a lot in China economic growth. Meanwhile, Chinese government also increases the efficiency of the government to serve for the upgrading of market. This article firstly reviews the plans to optimize the business environment and summarizes the concrete measures in streamlining the procedures, cutting the cost, saving time and increasing transparency. Further, this article figures out the appeal from enterprises by investigating. At last, this article promotes some suggestion to improve business environment. Keywords—business environment; upgrading of market; economic growth
{"title":"Research on Chinese Business Environment and Upgrading of Market","authors":"Xinyi Cao, Lifeng Tu","doi":"10.2991/febm-19.2019.16","DOIUrl":"https://doi.org/10.2991/febm-19.2019.16","url":null,"abstract":"As China economy has stepped in the New Normal, Chinese government has emphasized to improve the business environment, intending to attract foreign investment, which contributes a lot in China economic growth. Meanwhile, Chinese government also increases the efficiency of the government to serve for the upgrading of market. This article firstly reviews the plans to optimize the business environment and summarizes the concrete measures in streamlining the procedures, cutting the cost, saving time and increasing transparency. Further, this article figures out the appeal from enterprises by investigating. At last, this article promotes some suggestion to improve business environment. Keywords—business environment; upgrading of market; economic growth","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124535782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
From the perspective of evolutionary game, this paper demonstrates the internal mechanism and evolution process of information sharing among horizontal enterprises in the cluster supply chain. Our results show that the number of information sharing, the marginal benefit of information sharing, the ability of information absorption, the incentive coefficient and the penalty coefficient for “free-riding behavior” are positively promoted to the information sharing behavior of enterprises in the supply chain. However, the marginal cost and risk coefficient of information sharing have a negative impact. Based on these influencing factors and the problem existing in the information sharing, the paper puts forward some suggestions to strengthen the awareness of enterprise information sharing, improve the information absorption capacity, establish an information sharing mechanism, and promote the coordinated development of enterprises. Keywords—supply chain; information sharing; evolutionary game
{"title":"An Evolutionary Game Analysis of Information Sharing Behavior for Cluster Supply Chain","authors":"Yang Ye, Zhipeng Ju, Yue Li","doi":"10.2991/febm-19.2019.47","DOIUrl":"https://doi.org/10.2991/febm-19.2019.47","url":null,"abstract":"From the perspective of evolutionary game, this paper demonstrates the internal mechanism and evolution process of information sharing among horizontal enterprises in the cluster supply chain. Our results show that the number of information sharing, the marginal benefit of information sharing, the ability of information absorption, the incentive coefficient and the penalty coefficient for “free-riding behavior” are positively promoted to the information sharing behavior of enterprises in the supply chain. However, the marginal cost and risk coefficient of information sharing have a negative impact. Based on these influencing factors and the problem existing in the information sharing, the paper puts forward some suggestions to strengthen the awareness of enterprise information sharing, improve the information absorption capacity, establish an information sharing mechanism, and promote the coordinated development of enterprises. Keywords—supply chain; information sharing; evolutionary game","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117194557","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Study on Optimizing Modern Agricultural Production System in Xingwen County","authors":"G. He","doi":"10.2991/febm-19.2019.55","DOIUrl":"https://doi.org/10.2991/febm-19.2019.55","url":null,"abstract":"","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"83 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122034090","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Based on panel data of prefecture-level cities from 1996 to 2017, taking account of the exogenous shock of the “Two Control Zones” (TCZ) policy, this paper investigates empirically the impact of environmental policy on Foreign Direct Investment (FDI) by using the methods of difference-in-differences (DID) and Propensity score matching method (PSM-DID). The results show that the implementation of the environmental policy does inhibit FDI and verifies the existence of "pollution haven" effect in China for a long time. While strengthening the opening up and actively introducing foreign capital, Chinese governments must keep the bottom line of environmental regulations to ensure the quality of FDI. Keywords—two control zones; pollution haven effect; foreign direct investment ; difference-in-differences estimation
{"title":"Re-examination of \"Pollution Haven\" or \"Pollution Halo\" Effect on Foreign Direct Investment —Evidence from “Two Control Zones” Policy in China","authors":"Jianxia Yu","doi":"10.2991/febm-19.2019.1","DOIUrl":"https://doi.org/10.2991/febm-19.2019.1","url":null,"abstract":"Based on panel data of prefecture-level cities from 1996 to 2017, taking account of the exogenous shock of the “Two Control Zones” (TCZ) policy, this paper investigates empirically the impact of environmental policy on Foreign Direct Investment (FDI) by using the methods of difference-in-differences (DID) and Propensity score matching method (PSM-DID). The results show that the implementation of the environmental policy does inhibit FDI and verifies the existence of \"pollution haven\" effect in China for a long time. While strengthening the opening up and actively introducing foreign capital, Chinese governments must keep the bottom line of environmental regulations to ensure the quality of FDI. Keywords—two control zones; pollution haven effect; foreign direct investment ; difference-in-differences estimation","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"405 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123394679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A paradox is observed in the state of art of the project team quality in project management. All specialists recognize the exceptional importance of the parameter “quality” for the final result of the project. On the one hand, one can easily find definitions of project quality, quality of product of the project, quality of the project management processes, and so on. On the other hand, a huge number of bibliographical sources considers the project team functioning, as a sine qua non condition of the project success. The notion “project team quality” is quasi absent in the literature. In the paper an approach is proposed to fill in – partially – this gap, in the form of a proposal of the guidelines, which define the project team quality and should allow to measure it. Consecutively, literature review of the success of the project and success of the project management, project team work, leadership, selection of team’s members and project team dynamics are presented. The main part of the paper consists of guidelines for the quality model of the project team: general assumptions, proposed definition and openness of the model to measure the quality of the team. The paper has a conceptual character. Its objective is to show the possibility to define the project team quality process, which ensures not only the optimal level of the team quality, but it will also allow to undertake valuable managerial decisions during the project life cycle. Keywords—project team; quality of project team; model of project team quality; project team quality measure
{"title":"Draft of Project Team Quality Model in Traditional Project Management","authors":"J. Betta, J. Iwko","doi":"10.2991/febm-19.2019.41","DOIUrl":"https://doi.org/10.2991/febm-19.2019.41","url":null,"abstract":"A paradox is observed in the state of art of the project team quality in project management. All specialists recognize the exceptional importance of the parameter “quality” for the final result of the project. On the one hand, one can easily find definitions of project quality, quality of product of the project, quality of the project management processes, and so on. On the other hand, a huge number of bibliographical sources considers the project team functioning, as a sine qua non condition of the project success. The notion “project team quality” is quasi absent in the literature. In the paper an approach is proposed to fill in – partially – this gap, in the form of a proposal of the guidelines, which define the project team quality and should allow to measure it. Consecutively, literature review of the success of the project and success of the project management, project team work, leadership, selection of team’s members and project team dynamics are presented. The main part of the paper consists of guidelines for the quality model of the project team: general assumptions, proposed definition and openness of the model to measure the quality of the team. The paper has a conceptual character. Its objective is to show the possibility to define the project team quality process, which ensures not only the optimal level of the team quality, but it will also allow to undertake valuable managerial decisions during the project life cycle. Keywords—project team; quality of project team; model of project team quality; project team quality measure","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"342 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130066153","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
From the prospective of Conservation of Resources theory, this paper discusses leader humor’s impact on employee proactive behavior and the mediation role of emotional exhaustion in Chinese situation. By building a structural equation model to analyze the field data collected from 175 employees, the empirical results show that leader humor exerts a significantly positive effect on employee proactive behavior and specifically, leader humor will improve employee proactive behavior by reducing employee emotional exhaustion. Chinese leaders are suggested to pay more positive attention to humor’s positive effect and supposed to take advantage of humor to increase employee proactive behaviors in future competition. Keywords—leader humor; employee proactive behavior; emotional exhaustion Introduction
{"title":"The More Humorous the Leaders are, the More Proactive the Employees will be? The Mediation Role of Emotional Exhaustion","authors":"Hao Jian, Yong-Jin Song","doi":"10.2991/febm-19.2019.70","DOIUrl":"https://doi.org/10.2991/febm-19.2019.70","url":null,"abstract":"From the prospective of Conservation of Resources theory, this paper discusses leader humor’s impact on employee proactive behavior and the mediation role of emotional exhaustion in Chinese situation. By building a structural equation model to analyze the field data collected from 175 employees, the empirical results show that leader humor exerts a significantly positive effect on employee proactive behavior and specifically, leader humor will improve employee proactive behavior by reducing employee emotional exhaustion. Chinese leaders are suggested to pay more positive attention to humor’s positive effect and supposed to take advantage of humor to increase employee proactive behaviors in future competition. Keywords—leader humor; employee proactive behavior; emotional exhaustion Introduction","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133368319","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper selects the stock data of 18 industries based on the CSRC industry classification from June 2016 to 2018 from the Shanghai Stock Exchange and conducts two tests. (1) The time series test proves that the β values of different industries show significant differences, and there are β values that are negatively correlated with the market rate of return. (2) The cross-sectional data test proves that the CAPM is far from effective for Shanghai Stock Market. Keywords—CAPM; β coefficient; time series test; section data test
{"title":"Empirical Test of the Effectiveness of CAPM for Shanghai Stock Market-Based on Industry Grouping","authors":"Zhenyan Xiao, Yujian Yang, Liangfu Li, Yongjun Zhong","doi":"10.2991/febm-19.2019.24","DOIUrl":"https://doi.org/10.2991/febm-19.2019.24","url":null,"abstract":"This paper selects the stock data of 18 industries based on the CSRC industry classification from June 2016 to 2018 from the Shanghai Stock Exchange and conducts two tests. (1) The time series test proves that the β values of different industries show significant differences, and there are β values that are negatively correlated with the market rate of return. (2) The cross-sectional data test proves that the CAPM is far from effective for Shanghai Stock Market. Keywords—CAPM; β coefficient; time series test; section data test","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133012025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Firstly, the cumulative method is used as the evaluation criterion, secondly, the structural deviation component and competitive deviation component in Esteban model are used as the evaluation index, and then the weight of each index is calculated by the entropy method for comprehensive evaluation. Finally, according to the principle that the comprehensive score is greater than 0.083, the leading marine industries in Guangdong Province are determined. This study provides a reference for the development of marine industry in Guangdong Province. Keywords—marine leading industry; Esteban model of dynamic deviation share; location entropy In 2018, the added value of the primary, secondary and tertiary industries of the marine industry in Guangdong Province was 32.85 billion yuan, 716.99 billion yuan and 1,182.75 billion yuan respectively. The marine leading industry is an industry that occupies an important proportion in the overall marine economy, has strong industrial linkages, has a fast growth rate, has a strong driving effect on the development of industries, and is in a dominant position in the industrial system. How to rationally choose the marine leading industry is an urgent problem to be solved. Wang Yujia used the SSM method to select the marine industry in Guangdong Province.[1] Yuxuan used SSM and location entropy to evaluate the marine industry. However, scholars have not noticed the insufficiency of SSM methods and data processing problems.[2] In this study, the resource allocation component is introduced in the SSM model, the dynamic SSM method is used to process the marine industry output value, and the cumulative method is used to determine the marine leading industry selection benchmark.[3] Therefore, the marine leading industry in Guangdong Province can be more accurately determined.
{"title":"Study on the Choice of Marine Leading Industries in Guangdong Province","authors":"Junjie Wang, Jian-hua Xiao","doi":"10.2991/febm-19.2019.19","DOIUrl":"https://doi.org/10.2991/febm-19.2019.19","url":null,"abstract":"Firstly, the cumulative method is used as the evaluation criterion, secondly, the structural deviation component and competitive deviation component in Esteban model are used as the evaluation index, and then the weight of each index is calculated by the entropy method for comprehensive evaluation. Finally, according to the principle that the comprehensive score is greater than 0.083, the leading marine industries in Guangdong Province are determined. This study provides a reference for the development of marine industry in Guangdong Province. Keywords—marine leading industry; Esteban model of dynamic deviation share; location entropy In 2018, the added value of the primary, secondary and tertiary industries of the marine industry in Guangdong Province was 32.85 billion yuan, 716.99 billion yuan and 1,182.75 billion yuan respectively. The marine leading industry is an industry that occupies an important proportion in the overall marine economy, has strong industrial linkages, has a fast growth rate, has a strong driving effect on the development of industries, and is in a dominant position in the industrial system. How to rationally choose the marine leading industry is an urgent problem to be solved. Wang Yujia used the SSM method to select the marine industry in Guangdong Province.[1] Yuxuan used SSM and location entropy to evaluate the marine industry. However, scholars have not noticed the insufficiency of SSM methods and data processing problems.[2] In this study, the resource allocation component is introduced in the SSM model, the dynamic SSM method is used to process the marine industry output value, and the cumulative method is used to determine the marine leading industry selection benchmark.[3] Therefore, the marine leading industry in Guangdong Province can be more accurately determined.","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125232372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
RFID(Radio Frequency Identification)technology plays more and more significant role in library management system. As a core component, how to connect it to Intelligent Library Management System successfully is very important. Using the methodology of case analysis, based on investigations of three libraries and practices of one library, this study concludes some useful points on the application of RFID technologies in libraries, such as what kind of glue is better, where to affix tags, qualifications of managers, how to convert data, how to connect to self-services machines. Keywords—RFID; intelligent tags; application
{"title":"Application and Management of RFID System in Libraries","authors":"Cunyu Zhang, Weifeng Chen","doi":"10.2991/febm-19.2019.61","DOIUrl":"https://doi.org/10.2991/febm-19.2019.61","url":null,"abstract":"RFID(Radio Frequency Identification)technology plays more and more significant role in library management system. As a core component, how to connect it to Intelligent Library Management System successfully is very important. Using the methodology of case analysis, based on investigations of three libraries and practices of one library, this study concludes some useful points on the application of RFID technologies in libraries, such as what kind of glue is better, where to affix tags, qualifications of managers, how to convert data, how to connect to self-services machines. Keywords—RFID; intelligent tags; application","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115750740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In recent years, China has vigorously promoted domestic enterprises to conduct direct foreign investment and promote the internationalization of Chinese enterprises. Stateowned enterprises in China are the main exporters of China's foreign direct investment. Research on the factors of success or failure in cross-border mergers and acquisitions (M&A) is gradually attracting the attention of scholars all over the world. This paper discusses the successful factors of Chinese stateowned enterprises' cross-border M&A by studying the relevant literature and drawing on previous research and achievements. From the Zephyr M&A transaction database, this paper selects 481 valid transaction data of Chinese state-owned enterprises' cross-border mergers and acquisitions from 1997 to 2017 using the seven influencing factors selected by the analytic hierarchy process as variables and introduces a binary logistic regression model to analyze the sample data by using SPSS software. This paper classifies success factors into three categories: macro level, micro level and transaction level. By using the analytic hierarchy process (AHP) to determine the index weight of different levels, the main three categories can be management system of host country, host divided into seven influencing factors, which include the host country economy system, country and home country from formal institution, informal system from the host country and home country, the acquiring firm's experience of transnational M&A, target company industry on the sensitivity of the host country, and acquisitions. Keywords—OFDI; M&A; SOE; success factor; China
{"title":"Identifying Key Success Factors of Cross-border Mergers and Acquisitions for Chinese State-owned Enterprises","authors":"Yuming Tian, Shiqi Tang, Zhu Kong","doi":"10.2991/febm-19.2019.11","DOIUrl":"https://doi.org/10.2991/febm-19.2019.11","url":null,"abstract":"In recent years, China has vigorously promoted domestic enterprises to conduct direct foreign investment and promote the internationalization of Chinese enterprises. Stateowned enterprises in China are the main exporters of China's foreign direct investment. Research on the factors of success or failure in cross-border mergers and acquisitions (M&A) is gradually attracting the attention of scholars all over the world. This paper discusses the successful factors of Chinese stateowned enterprises' cross-border M&A by studying the relevant literature and drawing on previous research and achievements. From the Zephyr M&A transaction database, this paper selects 481 valid transaction data of Chinese state-owned enterprises' cross-border mergers and acquisitions from 1997 to 2017 using the seven influencing factors selected by the analytic hierarchy process as variables and introduces a binary logistic regression model to analyze the sample data by using SPSS software. This paper classifies success factors into three categories: macro level, micro level and transaction level. By using the analytic hierarchy process (AHP) to determine the index weight of different levels, the main three categories can be management system of host country, host divided into seven influencing factors, which include the host country economy system, country and home country from formal institution, informal system from the host country and home country, the acquiring firm's experience of transnational M&A, target company industry on the sensitivity of the host country, and acquisitions. Keywords—OFDI; M&A; SOE; success factor; China","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125841706","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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