Corporate Management,Industry Competition and the Sustainability of Firm Abnormal Profitability

This paper models the sustainability of firmabnormal profitability and uses theeffectiveness of corporate managementcapabilities as a test to examine its impact onthe sustainability of firm abnormalprofitability. The role of industry competitionas a moderator between the effectiveness ofcorporate management capabilities and thesustainability of firm abnormal profitabilityis also examined. Consistent with theresource-based view of the firm, we found thatthe effectiveness of corporate managementcapabilities positively influence thesustainability of firm abnormal profitability.This implies that corporate managementcapabilities are important contributors to theentire bundle of firm-specific resources andcapabilities which enable some firms togenerate competitive advantages that aresustainable. The effectiveness of corporatemanagement capabilities has a larger influenceon the sustainability of firm abnormalprofitability for firms in lowly competitive ormonopolistic industries than firms in highlycompetitive industries. The findings supportthe notion that not only do firm capabilitiesyield sustainable competitive advantages andabnormal profitability, but also industrycompetition reinforces the impact of firmcapabilities in yielding sustainable abnormalprofitability.     

CEO Reciprocal Interlocks in French Corporations

In France the chairperson of the board is mostoften the firm's CEO. This position strengthensthe insiders' hold on the board of directors.Moreover, a large fraction of outside directorsis composed of CEOs of other firms. Thereciprocal interlocking of CEOs creates the possibility of mutual interdependence of CEOs.We investigate factors explaining reciprocalinterlocking directorates of CEOs in Frenchcorporations. Our results indicate that CEOs oflarger firms hold more reciprocal CEOinterlocks and when CEOs have more outsidedirectorships, CEOs hold more reciprocalrelationships. We also find a positiverelationship between the number of CEOsreciprocal interlocks and their firms'performance measured by ROA. We find evidencethat CEOs hold more reciprocal interlocks whena blockholder is present on the CEO's board.     

The Management of Violence in a Conflict Organization: The Case of the Abu Sayyaf

The Abu Sayyaf is an organization which has left a trail of mayhem and murder in the southern Philippines for more than a decade. It has gained international notoriety through several high profile mass kidnappings. This article looks at how the Abu Sayyaf has managed to survive and at times prosper despite the state's efforts to eradicate it. By using organizational analysis the paper demonstrates how the Abu Sayyaf has developed structures and processes which make it such a deadly force. The organization has succeeded in gaining considerable fit with the environment in which it operates.     

股权结构、企业社会责任与公司财务绩效实证研究

本文采用2014—2016三年上市公司数据,通过控制企业规模、年龄和财务杠杆等变量,研究企业社会责任(CSR)与公司财务绩效(CFP)之间关系以及引入股权结构作为中介变量,探究股权集中度和制衡度对CSR与CFP两者的影响.研究发现:履行社会责任能够改善公司的经营绩效,而适当提高大股东持股比例能够加强CSR对CFP的正向作用.所以合理的股权结构能够促进企业承担社会责任,进而提升上市公司的财务绩效.     

私募股权投资参与、企业社会责任与盈利能力研究——基于新三板的数据

本文以251家新三板私募股权投资基金支持企业为样本,研究了企业社会责任履行与盈利能力之间的关系.研究发现:企业对政府、股东、债权人、管理层、员工、客户、社会大众负责与企业盈利能力存在显著的正相关关系.投资企业的PE个数与企业盈利能力显著负相关.企业对供应商负责、PE总投资额与盈利能力没有显著相关性.     

论领导权结构、企业避税与会计信息可靠性的关系

以我国2013—2015年沪深两市A股类上市公司为样本,运用相关性分析和回归分析,以消除应计利润影响后的会计—税收差异作为衡量企业避税指标,用盈余激进度衡量会计信息可靠性,分析企业避税程度与会计信息可靠性的关系,并进行了稳健性检验。结果表明,企业避税程度对会计信息可靠性起负面作用。在此基础上,进一步梳理了领导权结构、企业避税与会计信息可靠性的关系,研究发现,相比两职合一的公司,企业避税程度对会计信息可靠性的负面作用主要体现在两职分离的公司。这对于深入研究企业避税与会计信息可靠性的关系具有一定的借鉴意义,可为完善公司治理机制、提高会计信息可靠性提供一定的思路借鉴和决策参考。     

新媒体背景下公众参与生态文明建设的路径

党的十八、十九大均指出,生态文明建设功在当代、利在千秋。十九大进一步明确提出要构建“政府主导、社会协同、公众参与、法治保障”的生态文明建设新局面。《环境保护公众参与办法》的出台为公众参与环境保护提供了强有力的制度保障,但公众的参与程度与许多因素有关。在积极发动和鼓励公众参与生态文明建设的过程中,政府可发挥新媒体协商平台的作用,提高新媒体的回应能力,为公众参与生态文明建设提供保障;公众应借助新媒体互动平台的功能,进一步提升生态意识,践行生态行为,自觉维护生态环境;环保组织要发挥新媒体的聚焦作用,推动环保组织的成长壮大。     

3-6岁幼儿责任感差异性研究

责任感是一个人主动施以积极有益作用的精神。研究采用实验法,通过前后测对120名3-6岁幼儿责任感进行测查,经分析对比发现：培养前和培养后,三个不同年龄阶段幼儿所表现出来的责任感都存在极其显著的差异,且男孩和女孩的责任感在不同程度上存在性别差异。     

《刑法修正案(六)》第六条疑难问题研析——兼论妨害清算罪

针对日益严重的破产欺诈行为,《刑法修正案（六）》第六条新规定了虚假破产犯罪。在司法机关对罪名做出司法解释之前,理论界对于此罪名的表述不同。论文从犯罪主体、犯罪主观方面、犯罪客观方面以及犯罪客体四个方面对虚假破产罪的构成要件进行了分析。并借鉴国外的立法,对虚假破产犯罪的刑事责任进行了评析。     

责任和艺术——回归个人的后现代伦理之思

现代性伦理把道德产生和道德标准都归根于社会,依凭社会寻求普遍的、理性的道德规范,由此造成个人道德责任感的扭曲和道德判断能力的衰退.后现代伦理则把道德交还于个人,在承担绝对的、无条件的和非对称的责任之中,个人成为真正的道德主体.在后现代伦理之思中,自主和自由的道德责任,使得个人道德行为具有风格化的美学特征,个体的道德生活呈现为一种生活的艺术.