对上市公司不分配现象及股利政策观念的探讨

上市公司不分配现象日益普遍 ,其主要原因除了宏观经济的影响和公司对股本盘子的考虑以外 ,还有公司流动资金紧张以及股利政策观念等因素的影响。其中股利政策观念是一个不容忽视的重要因素 ,股利政策与公司的价值相关 ,尤其在市场风险和不确定性增大的环境下。从长远的观点看 ,不分配政策对公司的发展不利 :首先是不利于上市公司的根本转制 ;其次 ,屡次不分配将使公司形象受损 ,并且不利于未来长期筹资环境的开拓。因此 ,上市公司应当重视并合理制定股利分配政策     

发达国家人口结构的演化及经验启示

世界主要发达国家人口结构演化表现出人口年龄结构向老龄化加速迈进,但人口教育结构仍然保持年轻化和知识化,人口产业结构日趋服务化和高端化,人口迁移更青睐年轻技术移民等特征。中国可借鉴发达国家应对人口结构变化提升竞争力的经验,适时调整产业结构,促进人口结构持续优化;加快引进技术移民,保持人口年轻化、高素质化;健全人力资本投资体系,实现人口素质稳步提升;积极应对人口老龄化,促进人口长期均衡发展。     

我国上市公司股利政策与股权关系探讨

对企业股利政策理论的历史发展进行回顾,从MM的股利无关论到KUM ARR的“噪音信号传递”理论,概括了我国上市公司分红现状,结合股权结构对上市公司分红的动因进行分析,根据我国证券市场股权的现状及国有股的减持实践,提出完善企业股利分配和股权结构的几点思路。     

Defying Gender Norms in Rural Bangladesh: A Social Demographic Analysis

This paper proposes core innovations in the strategy of research on demographic behaviour. One aim is a shift of attention away from events and towards a focus on dynamic processes and their interplay: away from a preoccupation with marriage and divorce, births, deaths, migrations, and household structure towards a broader perspective that takes account of partnership and intimacy, parenthood, potential and well-being, position in society and space, and personal ties. Another aim is a much closer engagement with genetics, neuroscience, psychology, and behavioural economics. A third aim is a strategy that pays more attention to pathways within the individual, to the processes entailed when the individual interacts with various contexts, and to progressions that involve the interplay of the pathways and processes through the life course. These shifts of emphasis, which have already begun to occur, require a systematic reassessment of priorities for research on demographic behaviour.     

Demographic Correlates and Judicial Determinations of Child Sexual Abuse Offenses

This study involved an in-depth evaluation of court records and various investigation reports of 532 alleged child sex offenders as well as their interactions with the typical societal intervention mechanism. The major results indicated that offenders significantly differed from the general population in various background characteristics. Generally, alleged offenders were more likely to be from certain demographic groups such as male, minorities, the poorly educated, labor workers, and the unemployed. Comparisons between subgroups defined by prior mental health, substance abuse, and childhood experiences indicated that negative background characteristics were further associated with the severity and judicial outcome of the charges. These results suggest the complexity of determining the etiology, correlates, and criminal and judicial dispositions of child sexual victimization. Finally, this study questions the sufficiency of the current quarantine approach, which segregates perpetrators through the mandatory registration and general distribution of the identities of convicted offenders. Implications were made regarding the need for integrating various academic disciplines and for coordinating the services of societal intervention units.     

Active Population Growth and Immigration Hypotheses in Western Europe

The paper examines, in respect of twelve Western European countries over a period of twenty years, the widely held view that any decline in their working population should be offset by greater reliance on immigrant labour.This research, based on demographic projections and forecasts regarding labour market participation rates by age and sex for each of the countries concerned, focuses on the two most likely scenarios. It appears that only Italy will be faced with a fall in its working population. All other western countries will either maintain the same level or, more generally, see their workforce grow substantially. Accordingly, we may safely assert that there is no risk of a shortage of workers between now and the year 2020, and that an increasing supply of labour will render reliance on a greater influx of immigrant workers unnecessary.The second part analyses changes in the structure of the demand for labour. We deal chiefly with the phenomenon of the concentration of foreign manpower in each sector, its flexibility and mobility in a context of unemployment, as well as the impact of new technologies and globalisation on the main determinants of international migration of labour.     

城市居民徒步休闲动机研究——基于浙江宁波市调查数据分析

以浙江省宁波市作为研究案例地,对调研数据T检验。研究显示:宁波城市居民徒步休闲动机包含5个维度,其均值存在健康放松动机→发展动机→社交动机→知识动机→逃避动机依次递减的特征;在徒步休闲过程中5个维度中,除社交动机外,知识动机、发展动机、逃避动机、健康放松动机在人口统计特征上均存在显著差异。     

Environmental taxation and the double dividend hypothesis in CGE modelling literature: A critical review

Computable general equilibrium (CGE) modelling is a flexible and open way to model the economic systems that allow practitioners to assess the impacts of different policies or external shocks over an economic system. There is some empirical literature dedicated to test the double dividend hypothesis of an environmental tax reform using CGE models. This hypothesis claims that is possible to obtain an improvement of both environmental and economic conditions by imposing an environmental tax and recycling revenues obtained to reduce other pre-existing taxes. This research provides a comprehensive review of this literature including a statistical and a meta-regression analysis. 69 different simulations from 40 studies have been analyzed. 55% of simulations have achieved a double dividend, concluding that although the environmental dividend is almost always achieved, the economic dividend still remains an ambiguous question that needs further research.     

中国应着力开发二次人口红利

中国劳动力无限供给格局已趋于终结,一次人口红利正逐步衰减,将来要想为经济高增长提供人的支撑,就必须转向二次人口红利开发,着力提高人力资本水平,在这一方面中国还有很大的挖掘空间。借鉴美欧日韩等国家二次人口红利的开发经验,我们发现,开发二次人口红利的关键是：延长义务教育,强化职业教育,矫正高等教育,优化在职培训,加强健康保护,打破劳动力流动障碍。     

公共政策视角下的中国人口老龄化(英文)

人口老龄化将成为中国社会的常态,它所带来的挑战更多地源于老化的人口年龄结构与现有社会经济体制之间的不协调所产生的矛盾,这使公共政策调节成为必须。本文认为,仅仅调节人口政策、仅仅调节针对老年人的政策或某一部门的政策都不足以全面应对人口老龄化,而应当以社会整合和长期发展的视角来重构当前的公共政策体系。在重构过程中,不仅要统筹人口系统与其他社会系统的关系,而且要统筹短期目标与中长期战略的联系。因此,应建立一个权威的常态统筹机构,并结合中国的国情,重新定位老年人的社会角色、解决老年人养老的现实问题、支持老龄化社会的可持续发展。