构建和谐财务管理目标的思考

构建和谐社会是现今中国的重要社会问题。在财务管理学中,财务目标是财务决策的准绳、财务行为的依据、理财绩效的考核标准。本文从和谐概念出发,从财务管理的角度,运用产权理论和契约理论分析财务管理目标和谐的现实性选择和构建。     

西方金融创新理论述评

西方对金融创新首先提出理论解释的是约束引致假说和管制理论。约束引致假说认为金融创新是银行试图降低与特定资产负债表约束关联的成本。管制理论认为金融创新是管制者和被管制者之间持续的斗争。不完全市场理论认为新金融产品仅仅是金融工具特定因素组合的变化。证券设计和不完全市场模型是以一般均衡理论对金融创新过程模型化。目前尚无金融创新普遍认可和统一的理论。     

女性非正规就业:现状与对策

阐述了女性在正规就业领域更易受排斥,公有和非公有企业存在雇用上的性别偏好等因素是导致女性劳动非正规化的成因,分析了这一就业趋向对女性经济参与方式和职业发展形成的影响,指出政府应加大对非正规就业的支持力度,改善非正规就业者的福利与完善保障政策,同时提出了建立反对歧视和排斥的平等就业法,对劳动力市场上的弱势群体进行必要的社会保护,为非正规就业人员提供必要的公共培训等有益的建议。     

Vulnerabilities and risks in population and environment studies

In the study of risks , different sciences use the same category in different ways, each related to its own ontological assumptions. But many of these fields communicate very little with one another. This article seeks to approximate two of these areas of study that have shown similar concerns and that can mutually strengthen one another, namely, geography and demography. Geography was one of the first disciplines to include risk in its environmental dimension and has had broad experience in simultaneously focusing on social and natural dynamics. Demography, on the other hand, faces greater difficulties because only recently has it incorporated the environmental dimension into its scientific scope. Both have brought the concept of vulnerability into their conceptual framework as complementary to that of risk. Geographers understand vulnerability as a more symbiotic form of the relationship between society and nature, whereas demographers give it a strong socioeconomic component. In this regard, the conceptual discussion on risks and vulnerabilities, in its attempt at approximating these two fields, is a way of conceptually advancing and strengthening the different approaches to empirical work, especially in population–environment studies which is the common ground for the dialogue between the two disciplines.

Does the Euro–Mediterranean Partnership contribute to regional integration?

The paper investigates whether Southern Mediterranean and Middle Eastern markets under the Euro–Mediterranean Partnership (Egypt, Lebanon, Morocco, Malta, and Turkey) have become more financially integrated with the European stock market over time. The findings suggest that the Turkish equity market is moderately integrated with the European market, while the other economies exhibit weak financial integration with Europe, supporting the idea that the partnership appears to have no effect on enhancing inter-market linkages for these economies. Therefore, these markets would be good destinations for international investors seeking attractive investment opportunities to diversify their equity portfolios. Structural changes in the cross-market integration do exist, which may be considered as a guide for international equity portfolio diversification over different subperiods. In addition, there is evidence of an increasing trend in conditional correlations for Egypt and Turkey, to varying degrees, over time, notably during the post global financial crisis of 2007–2008, thus revealing herding behavior during this period. Overall, investors should be wary of the variation of equity market integration over time before engaging in an investment at the level of portfolio management and diversification. Policymakers must be aware of the remoteness of the current achievements of the Euro–Mediterranean Partnership from the targets set in terms of financial development and economic growth.     

Stakeholder Perspectives on Children's Mental Health Needs and Supports in Six Low‐ and Middle‐Income Countries

Low‐ and middle‐income countries (LMIC) are faced with disproportionately high levels of unmet child mental health needs. This study explored through interviews the perspectives of 17 inter‐agency service stakeholders from Brazil, Indonesia, Kenya, Pakistan, Rwanda and Turkey on existing supports and challenges. Four themes emerged on the holistic nature of children's mental health needs linked with disadvantage; limited resources and skilled workforce; stigma; and strategies for future implementation, including awareness, parental engagement, skills‐based programmes and cultural adaptation. Stakeholder input is essential in conceptualising, developing and evaluating culturally appropriate interventions for vulnerable children in LMIC.     

金融发展与经济波动的联系:一个文献综述

从金融发展视角研究经济波动属于一个前沿主题。本文归纳了金融发展与经济波动发生联系的理论机制,并对国内外经验文献进行了梳理。总的来看,理论研究与经验研究都未形成一致的结论,因此有关金融发展与经济波动联系的研究仍然是一个有待进一步探索的开放领域。     

Markets or networks: Households’ choice of financial intermediary in Western China

We argue that households’ choice of financial intermediary is conditioned by households’ social network structures and socioeconomic status. Analyses show that households’ social network size and network composition affect their choices by limiting the quality and quantity of information, resources, and social influence one can access through social ties. Moreover, we find that high-SES families favor formal intermediaries due not only to their richer financial knowledge, higher affordability, and greater capacity to repay loans, but also to their high demands and special types of financial needs that can hardly be satisfied by embedded resources.     

The Occupy Movement and the Politics of Vulnerability

The Occupy movement has generated a significant amount of scholarly literature, most of which has focused on the movement's tactics or goals, or sought to explain its emergence. Nevertheless, we lack an explanation for the movement's broad appeal and mass support. In this article we present original research on Occupy in New York City, Detroit, and Berlin, which demonstrates that the movement's heterogeneous participants coalesced around the concept of vulnerability. Vulnerability is an inability to adapt to shocks and stresses, and it inhibits social reproduction and prohibits social mobility. Rather than specifically discussing the wealth of elites per se, Occupy participants consistently expressed the feeling that the current political economic system safeguards elites and increases the vulnerability of everyone else. We argue that the Occupy movement has reworked the relationship among a range of political struggles that were hitherto disconnected (i.e. ‘old’ and ‘new’ social movements) and rendered them complementary through the politics of vulnerability.     

从第三方支付发展看上海国际金融中心建设

互联网时代第三方支付的发展,揭示了企业"控制用户信息流以控制支付流,控制支付流以控制资金流;获得用户网络接入权胜过获得资本所有权,获得数据投入量胜过获得资金投入量"的新规则。大平台日益成为金融机构控制用户信息流、获得用户网络接入权的重要载体,在平台组合上加载信用有关数据流日益成为形成金融机构风险管理能力的重要生产资料。在互联网时代推进上海国际金融中心建设,既要继续重视金融机构集聚,更要注重鼓励企业赢得全国性用户网络接入权,加强平台组合,增强信用数据流。上海应依托自贸试验区推进互联网金融监管创新;牵头建立长三角征信联盟集团公司;搭建本地金融机构网聚平台。