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This paper is a review of the risk management process and risks commonly associated with construction projects, particularly the roles of insurance and bonding as tools of managing such risks and how to make better use of the insurers' resource in China.
ASP outsourcing is one promising business activity and efforts have been done to investigate the critical factors which improve clients' satisfaction level in developed countries. However, no efforts have been made to investigate the contributing role of functional capability of ASP to the increase of clients' satisfaction in China, one of the biggest SMEs market to develop ASP business. The results...
In recent years, the residue of pesticides of vegetables still generally exceeds standard, the poisoning of edible vegetables happens occasionally, and the export trade dispute increases day by day in China. The situation is very unoptimistic, and the problem is increasingly striking. Supply chain has affected to ensure food safety. Regarding vegetable supply chain as investigation object, the paper...
As the financial crisis, China's enterprises have downsizing in order to survive. To downsizing effectively and minimize adverse effects, companies are seeking outsourcing services. In this paper introduced about its concept, pointed out that its risks could make the enterprises to loss profits, and finally come up with some suggestions on how to shun the risks of it.
This paper introduces the current situation of Energy Performance Contracting(EPC) in China and analyses the financing barriers ,such as the low participation of the government, the inadequate credit evaluation mechanisms ,the imperfect security system and so on, which hinder the development of ESCOs. The paper draws on the experience of the developed countries, and puts forward some suggestions for...
At present, China's software outsourcing has become an important direction of software industry. Undertaking international software outsourcing benefits the growth of software enterprises of China. As we all known, Software enterprises are knowledge-intensive companies. Knowledge management, especially the knowledge sharing management, is considered as the key factors which influence the success of...
Now in our countryside the borrowing has been become common, and it has become an important financing channels. Our country has not specialized on the borrowing laws and regulations, resulting in its lack of timely resolution of disputes arising, that is not conducive to China's new socialist Rural development, improve the relevant legal system to promote borrowing for the healthy and orderly development...
The participation degree of industrial chain various links function main body is immediate influenced by profit appropriation and risk factors of value chain. Which the peasant household as one of the important suppliers of live pig product, immediate influences the market supplies of pig product, then influences the progression healthy and steady of pig industry, whether it fairly shares the live...
Focuses on Chinese state-controlled and private listed companies, this paper concludes that private listed companies have greater competition advantages than the state-controlled listed companies through empirical study of the relationship between capital structure and product market competition. This means that favorable capital structure helps to improve the corporate governance structure and strengthen...
The supervision system was introduced into China in 1988, and during the 22 years, the supervision system has developed much well, and has done much contribution to the project construction and infrastructure construction. However, there is still a certain gap between the expected value of the clients and the service contents, phases, criterion that the company offers and the service effects come...
The relationship between environment and energy management issues is for sustainable human development, relationships, survival of the entire Earth. Contract energy management (Energy Performance Contracting) is a new market-oriented energy-saving mechanism. Its essence is to reduce energy costs to pay for energy-saving projects are all the cost of energy-efficient way of doing business. The paper...
This paper investigates how trust, as an informal institution, affects corporate transaction cost and financial structure. Using trust index of different provinces in China, we find that differences of trust level in different regions of China caused differences of contract forms in different regions. The lower the regional trust level, the higher transaction costs of firms in the region, that is...
As the evolution of construction industry and construction management system goes further in our country, the production pattern and institution of the construction industry has undergone many. And the management system has formed, which is primarily based on the project management. In this paper, engineering project management pattern of domestic and overseas is discussed and disadvantages analyzed...
Technology transfer has been examined on more macro levels in former studies. However, communication between academia and industry on a micro level still needs to be studied. An effective communication mechanism is of key importance in technology transfer. In this study the author interviews top scientists and company owners from science parks or R&D centers in China to examine the communication...
The outsourcing has actual economic significance as a new type of processing trade. China should seize the good opportunity of international service transfers currently, use the advantages of outsourcing of China, vigorously develop outsourcing and to attract more foreign investment. At present, some existing problems of the majority of enterprises are small-scale, management turmoil etc. we should...
We examine the relationship between capital structure and earnings management in this study, with reference to the Chinese capital market. We measure the impacts of debts, the proportion of controlling shareholders', executives and external large shareholders. Analyzing Chinese companies listed from 2003 to 2007, we establish a link between capital structure and earnings management practices. The...
As the emerging high-tech enterprises, software outsourcing enterprises have grown at a remarkable rate. Based on the visit to the five companies of the largest software technology parks, we adopted theoretical analysis and policy research, and extracted the key points and the plight that restricted the development of the software industry in Jiangsu. Finally we conduct the strategy thinking and countermeasures...
The agency theory is the theoretical basis of this paper, which attempts to explain our dividend policy of listed companies, combining with transaction costs. Dividends lead to an increase in external financing, then add agency costs . This paper focuses on demonstrating the close relationship between agency problem and dividend policy of listed companies in Chinese according to theoretical and empirical...
Western risk management theory suggests that corporate risk management is due to tax convexity, financial distress costs, under investment problem, and managerial risk aversion etc. This paper provides evidence on the determinants of corporate risk management policies through hedging. Data on hedging are obtained from 2007 annual reports for a sample of 1151 China non financial listed firms. Our evidence...
Large customer direct power-purchase(DPP) rises gradually in China with the development of power market which should bring risks to all participant as little as possible to avoid excessive and unnecessary market fluctuation. This paper proposes a multi-objective optimization model using Pareto improvement from the view of supervision institution which takes charge of design, supervision and management...
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