控制权溢价的经济学分析

在企业股权交易过程中,控制性股权和非控制性股权的转让价格会有所不同,即所谓的控制权溢价。控制性股东会通过其手中的控制权攫取非控制性股东的权益。通过构建一个控制权溢价的经济学模型,对控制权溢价的产生机理及制约因素进行剖析。研究表明,控制权溢价与公司资本收益率变化负相关,与掩盖控制权溢价所支付的成本正相关。     

The expected impact of the 2019 Brazilian pension reform on survivors’ pensions

This study analyses the expected changes in survivors’ pensions resulting from the permanent rules of the 2019 pension reform in Brazil. Actuarial annuities are used for representative worker profiles. The dispersion in the replacement rate values decreases, except for the highest income level. The rates needed to finance survivors’ pensions decrease relatively more than do the rates for old-age pensions. The internal rates of return significantly decrease. There is a heterogeneous change in the distributive aspects of the pension system. The reform shall affect the adequacy and intragenerational equity of old-age and survivors’ pensions.     

城郊结合部征地中农民利益保护问题的理论与实证分析

城郊结合部征地中农民利益保护问题是影响社会稳定和经济发展的突出矛盾之一。没有必要在同一区域内区分"公共利益"与"非公共利益"征地补偿标准,中国C市"国际社区"的材料证实了不区分"公共利益"与"非公共利益"征地补偿标准的好处。明确土地征收和征用的内涵是一种必然的选择,推行"片区综合补偿价"是让农民集体作为土地所有者分享土地发展权价值的关键。     

马克思主义中国化视域下《论共产党员的修养》对儒家义利观的吸收借鉴

马克思主义中国化是坚持把马克思主义基本原理同中国具体实际相结合、同中华优秀传统文化相结合，要求运用马克思主义的立场、观点、方法，研究和解决中国革命、建设、改革中的实际问题。“第二个结合”是当代中国马克思主义理论的重大创新，彰显了中国共产党的历史自信和文化自信。《论共产党员的修养》是马克思主义与中华优秀传统文化相结合的产物。作为马克思主义基本原理同中华优秀传统文化相结合的经典案例，《论共产党员的修养》通过对古代儒家义利观的吸收借鉴，从“原则”“标准”“党员个人利益”等方面，论述了正确处理党员个人利益与党的利益、人民利益之间的关系，极大提升了共产党员修养理论的透彻性与说服力。《论共产党员的修养》充分展现了中国共产党坚持把马克思主义基本原理与中华优秀传统文化相结合的优良传统。     

高校教材供应实体化初探

从分析教材供应遇到的困难入手 ,提出了实行教材供应实体化的可行性和必要性 ,分析了几种实体化方式的利弊 ,明确指出了教材供应实体化后 ,必须仍然坚持社会效益为主 ,经济效益服从社会效益。     

POM Forum: Transfer of Changing Production Know‐How

Even with the rich literature on knowledge management, we still don't know enough about how the rate of change in production‐know‐how affects the choice of mechanisms for its transfer. Codifying tacit know‐how helps, but codification becomes more challenging as the know‐how changes more frequently. Transfer of tacit know‐how becomes much more complicated when it changes often. We need more research in this area, particularly to help production and operations managers who must ultimately use the new know‐how and change their companies' production processes. The paper suggests a framework as a step in that direction. The framework focuses on the interplay between the level of codification and the rate of change of production know‐how, and identifies four zones for classifying production know‐how: “slow and codified,” “slow and tacit,” “fast and codified,” and “fast and tacit.” Examples from McDonald̂s, Club Med, Intel, and AOL are used to illustrate primary transfer mechanisms for each zone (manuals and systems, people, joint‐development, and projects, respectively). Appropriate absorptive capacities in the production units for each zone are also identified. Since the ultimate responsibility of operations managers is to improve (i.e., change) their production know‐how as fast as possible, they would be wise to adopt policies that are closer to those suited for the “fast and codified” zone. Intel and Toyota show good models.     

"文化强国"目标下的文化产业政策导向与选择

文化产业具有意识形态属性与市场属性.以"社会主义文化强国"为目标,我国已经形成了"坚持把社会效益放在首位、社会效益和经济效益相统一"的文化产业政策导向.依据文化产业发展的特殊经济规律,我国构建社会效益导向的政策模式,需要注重"意识形态资源"与"文化遗产资源"的保护与利用,建立健全文化产业的行业规制和行政规制等政策措施.为了构建经济效益导向的政策模式,则需要培育文化产业的竞争优势并提升文化企业的知识产权价值,完善文化产业的"财政补贴"和"税收优惠"等政策措施.     

在线交易中认知需要对整合价与分离价感知的影响

整合定价和分离定价是目前在线交易中普遍使用的定价策略。以224个大学本科生被试,将实验情景控制为回忆驱动和刺激驱动两种信息感知模式,通过两个2×2情景实验,探讨在不同的信息感知模式下,面对整合定价和分离定价两种不同的价格表述框架时,认知需要不同的消费者对产品的价值感知和购买意向的差异。研究结果表明,在回忆驱动下,高认知需要的消费者在整合定价时比分离定价时对产品有更高的价值感知和购买意向,而低认知需要的消费者在两种定价策略下没有显著差异;在刺激驱动下,高认知需要的消费者在分离定价时比整合定价时对产品有更高的价值感知和购买意向,低认知需要消费者则正好相反。该结论对营销管理具有现实意义,营销者可根据广告媒介和目标顾客的不同来选择整合定价和分离定价。