论资本经营与高新区发展之路——以无锡新区为例

资本经营是全球化时代世界经济发展的趋势，也是一国经济可持续增长的重要动力，高新技术开发区作为地区经济发展的引擎，对外开放的前沿阵地以及科技创新的战略基地，探索资本经营之道，推进重点企业上市势在必行，无锡新区寻求形成“新区板块”的战略举措对全面提升企业素质．推进新区的创新型国际化进程有重大意义。     

The determinants of top management pay

Agency theory argues that companies need to structure their top management pay so as to attract, retain, motivate, and reward senior executives. It is implicit in this literature that managers should be rewarded for performance and that company size should not be a significant determinant of compensation. Empirical evidence in many countries has concluded, however, that size is a major determinant of management remuneration and the pay-for-performance link is very weak. This study examines the determinants of senior executives’ remuneration and bonus payments in Hong Kong companies using recently available data. We examine both the level of pay and changes in pay. Corporate size is found to be a major explanator of remuneration levels and of changes in the pay of the CEO and executive directors. Accounting profitability is also a significant explanator of compensation. Performance, as measured by stock returns, has little or no statistically significant relationship with pay; in fact, some of the results show negative relationships. Some share ownership characteristics have influences on the levels of remuneration. In particular, share ownership by directors and share ownership by institutional investors moderate the compensation levels. In contrast, corporate governance variables have little association with change in pay. Overall, the results imply agency arguments that advocate pay-for-performance compensation schemes are not major factors in setting top management remuneration in Hong Kong.     

Involvement of Ministries of Health in Health Service Coverage Decisions: Is England an Aberrant Case?

This article examines the involvement of ministries of health in making health service coverage decisions in Denmark, England, France and Germany. The study aims to inform debate in England about the feasibility of reducing perceived ministerial and bureaucratic ‘interference’ in decisions affecting the National Health Service, based on interviews with senior government officials and other health system stakeholders. Ministries of health differ in their involvement in health system governance and coverage decisions (‘the benefits package’), reflecting differences in institutional arrangements. In all four countries, organizations at arm's length or independent from government are either involved in providing technical advice to the ministry of health or have been mandated to take these decisions themselves. However, ministries of health occasionally intervene in the decision‐making process or ignore the advice of these organizations. The Department of Health in England is not an aberrant case, at least in relation to coverage decisions. Indeed, ministries of health in Denmark and France play a larger role in making these decisions. Public pressure, often amplified by the media, is a shared reason for ministerial and ministry involvement in all four countries. This dynamic may thus limit the feasibility of attempts to further separate the NHS from both the Department of Health and wider political pressures.     

An in-depth case study on the role of industrial design in a business-to-business company

In this paper, we investigate how managers perceive the roles of industrial design, based on their experiences with designers in two product development projects in a business-to-business environment. The study demonstrates that designers can make contributions that surpass the design of physical products, and that influence the effective implementation of product development processes. Our findings extend the limited literature on the role of industrial design in industrial markets, and are of value for managers looking to strengthen their product development processes.     

Managing green productivity: Some strategic directions

The twentieth century has been the hallmark for managing total productivity, where the emphasis is towards maximization of outputs commensurate with the consumption of inputs. This is being challenged now to evolve the world class manufacturing strategy requiring a paradigm shift. This shift is towards green productivity, which looks forward to socially appropriate production and consumption aiming at value innovation and resource conservation. This paper is an attempt to outline the concepts and experiential learning about green productivity.     

Behavior Management of Client Contacts in a Real Estate Brokerage

A Project intended to increase client-contacting behavior on the part of 16 real-estate sales persons was described. Both contacts with prospective (initials) and with established clients (followups) were targeted for change. During a 20-week baseline, agent self-reports were used as a basis for posting weekly charts of contact behavior together with measured sales and listing performances. A conjunctive token-reinforcement procedure involving both contact behaviors was introduced during a 15 week intervention phase. For all agents as a group, a sustained increase in both behaviors was noted during this phase. Additional analyses revealed, however, that for low baseline performers, the intervention effect was only short-lived. During a subsequent three-week prewithdrawal stage, the increased behavion from the previous phase reverted nearly to baseline levels, despite the continued intervention, in response to instructions that program withdrawal was imminent. Contact behaviors further declined to below baseline levels during the following 4-week withdrawal stage when both posting and token procedures were actually discontinued. A tenninal 6 week reversal phase was marked by a nearly full recovery for all agents of asymptotic intervention levels of contact behavior under a reversed conjunctive token reinforcement schedule. Evidence indicating a correlation between changes in contact behaviors and changes in sales was presented. Also, other company benefits presumably derived from the program were described. Finally, the outcomes of this study were discussed in terms of several important validity concerns.     

Systems innovation manager

Each year organizations spend a significant amount of money developing new products and processes in an effort to satisfy customer demands and manufacture high-quality products efficiently. Both development processes - product and process, are complex, resource intensive and thrive on innovation. They demand a variety of skills and resources, but in particular, participation among all staff in generating ideas, managing projects and implementing change. There are currently a number of software tools and methods that facilitate change in a systems environment. These range from complex modelling tools to information management tools. The tools have been developed around paradigms, e.g. world class manufacturing, total quality management and business process reengineering. They are often complex, requiring the efforts of skilled designers and managers. Current thinking within a systems environment reflects a more participative and less specialist approach to managing innovation and change. There is a need to create compromise between detailed project engineering and good management practice. This paper introduces a new paradigm centred on good management practice, and identifies the critical issues in systems innovation and change. The paradigm is articulated through a series of change levers and a methodology that guides managers and designers. It is supported by a series of software tools that together bring innovation management to life within the industrial organization.     

必然、实然与应然：高校法律援助机构服务社会研究

高校法律援助机构的建立缓解了法律援助供需矛盾,但其发展过程中存在诸多亟待解决的问题,如自身管理混乱、经费不足、当事人不信任等。在分析了高校法律援助机构要服务于社会的必要性和可行性的基础上,通过对高校法律援助机构现状及弊端的研究,提出要加强高校法律援助机构服务社会的具体措施,包括完善相关立法、引进实习律师或高年级取得律师职业资格证的学生、规范其设立程序、确立双层管理体制及与社会组织合作等,以建立服务社会型高校法律援助机构。     

“麦克米伦缺口”分析及中国式治理

中小企业有效融资是世界性难题,全球范围内＂麦克米伦缺口＂依然十分突出。在中国,＂麦克米伦缺口＂有着不同于其他国家和地区的特征和成因,因此也产生了针对这些特殊性的中国式治理。虽然目前的各种治理方法还略微粗糙,却有效地缓解了困扰已久的中小企业融资窘境。随着治理＂麦克米伦缺口＂各种探索的持续深入,中国金融界在不久的将来或许就能全面破解这一世界性的难题。     

Inventory model for convertible item with deterioration

Abstract

In this article, we developed a model for a convertible item (or product) where initial form of the item converts into another product by consuming conversion cost and time both. After duration, it converts again into a new product of a different nature. It is a sequential-type conversion from initial into two other products over states. The demand pattern and deterioration rate differ at each converted state. An inventory model is developed for such a kind of sequential convertible item. Expressions for total cost and other related costs (as per states) are derived and optimal time to convert the product in different states are calculated under model assumptions. A numerical example is incorporated in support of the theoretical findings and it validates the strength of the model.