资本市场发展的储蓄分流效应——中国实证研究

资本市场的发展使储蓄分流成为可能,从而对商业银行的储蓄存款业务产生影响。本文首先梳理了储蓄分流的概念、特征及产生原因,并详细描述了我国储蓄分流的发展过程,提出问题：中国商业银行的储蓄分流现象是否由资本市场发展引起的。第二部分通过对中国17家商业银行及资本市场2004-2008年的面板数据做固定效应模型回归,得出实证结论：我国A股市场流通市值的变动显著的负向影响商业银行存款增长率。表明近年来中国资本市场发展是储蓄分流现象的主要原因之一。     

我国商业银行效率评价及实证分析

内容提要：本文运用数据包络法对我国十二家主要商业银行04—06年的效率状况进行了定量考察,并在此基础上探讨了我国国有商业银行效率低下的原因,提出了提高我国银行业效率的途径。     

儿童文学与上海出版业的渊源

上海为什么会成为中国儿童文学的摇篮?儿童文学在中国上海的出现是历史的必然选择还是一种意外收获?本文将着重从西法印刷、晚清传教士办报以及商务印书馆和中华书局的创建,考察早期著名儿童刊物的创刊、早期重要儿童文学论著的出版,解析上海近现代出版业的兴起与儿童文学的渊源,探寻儿童文学在中国发生、发展的坎坷之路。     

竞价排名的广告属性与法律调整

竞价排名作为一种新生事物,在其自然演进的过程中,出现了诸多问题期待法律予以回应。但是,在此领域出现了法律的真空地带,存在很多制度缺失。本文从竞价排名的法律性质谈起,分析了竞价排名实质是一种自然算法与人工干预的组合,对于人工干预部分是法律规制之重点所在。结合现实中竞价排名的乱象以及现实困境,通过将其定位为商业广告,以及借鉴美国相关制度设计,来完善我国竞价排名市场的有效法律调整。     

“商事人格权”概念构建方法检讨

“商事人格权”是近年来出现的一个新的法律概念,本文用体系化的标准,从逻辑和价值两方面对其构建进行了检讨,发现这一概念破坏了法律概念内涵的确定性,在逻辑上自相矛盾,而且并不能达到弥补价值漏洞的目的,不能见容于民法现有的体系。故本文主张应将之舍弃。     

试论我国的商事立法模式

本文通过对我国民商分立与民商合一立法模式的论争评述,以及当前民商立法现状的检讨,指出我国的商事立法应选择坚持民商实质合一理念下,制定<商事通则>的立法形式适当分立的模式.     

Efficiency evaluation of banks in China: A dynamic two-stage slacks-based measure approach

Operational processes of banks in China can be divided into productivity and profitability stages. Within this, non-performing loans can be treated as a carry-over variable, an undesirable output of the profitability stage in the previous period but an input to the profitability stage in the current period. Using this framework, this paper proposes a dynamic two-stage slacks-based measure model to evaluate the efficiencies of Chinese banks. Based on the proposed model, the measures of stage, period and period stage efficiencies are defined. The proposed approach is applied to evaluate the operational efficiency of banks in China during 2008–2012. Key findings are that banks in China show both technical and scale inefficiency during 2008–2012, which results from the inefficiencies of both the productivity stage and profitability stage; city-owned commercial banks are more overall technically efficient than state-owned commercial banks and joint-stock commercial banks although state-owned commercial banks show best practice for pure technical efficiency, and city-owned commercial banks perform better than joint-stock commercial banks for pure technical efficiency.     

Airline Safety Improvement Through Experience with Near‐Misses: A Cautionary Tale

In recent years, the U.S. commercial airline industry has achieved unprecedented levels of safety, with the statistical risk associated with U.S. commercial aviation falling to 0.003 fatalities per 100 million passengers. But decades of research on organizational learning show that success often breeds complacency and failure inspires improvement. With accidents as rare events, can the airline industry continue safety advancements? This question is complicated by the complex system in which the industry operates where chance combinations of multiple factors contribute to what are largely probabilistic (rather than deterministic) outcomes. Thus, some apparent successes are realized because of good fortune rather than good processes, and this research intends to bring attention to these events, the near‐misses. The processes that create these near‐misses could pose a threat if multiple contributing factors combine in adverse ways without the intervention of good fortune. Yet, near‐misses (if recognized as such) can, theoretically, offer a mechanism for continuing safety improvements, above and beyond learning gleaned from observable failure. We test whether or not this learning is apparent in the airline industry. Using data from 1990 to 2007, fixed effects Poisson regressions show that airlines learn from accidents (their own and others), and from one category of near‐misses—those where the possible dangers are salient. Unfortunately, airlines do not improve following near‐miss incidents when the focal event has no clear warnings of significant danger. Therefore, while airlines need to and can learn from certain near‐misses, we conclude with recommendations for improving airline learning from all near‐misses.     

中小商业银行公司治理机制与经营绩效关系的实证分析

理论和实证研究证明,良好的公司治理对金融体系稳健运行有十分重要的作用.商业银行公司治理的研究和实践既是银行业改革的迫切要求,也是银行业改革的核心内容之一.本文用36家商业银行2005年的截面数据,对股权结构、董事会、监事会和高管人员薪酬激励等四个治理机制与银行绩效之间的关系进行了实证研究.结果表明,国有与非国有控股商业银行绩效不存在显著差异,第一大股东对银行绩效的影响并不显著,但外部大股东能显著地提高银行绩效.董事会与监事会规模与银行绩效正相关,但独立性难以得到保证.此外,高管人员薪酬激励不能改善银行绩效.     

市场竞争中商业秘密的确认与保护

商业秘密的保护是当代法学研究的重要课题.本文主要从刑事法律方面探讨我国商业秘密的保护.全文分四部分,第一部分阐述商业秘密的确认,揭示商业秘密的真实面貌和属性;第二部分具体阐述我国刑法对商业秘密的保护;第三部分论述司法实践中对侵犯商业秘密罪执行的效果及存在的问题;第四部分提出对侵犯商业秘密罪立法与司法完善的一点建议.