scholarly journals Can executive equity incentives promote high-quality development of enterprises? —— Mediating effect based on innovation

2021 ◽  
Vol 292 ◽  
pp. 02008
Author(s):  
Linya Cai ◽  
Huawei Luo

High quality is the direction of development, innovation drives high-quality development, and interest incentives drive innovation. Existing studies have shown that executive equity incentives can increase the financial performance of enterprises. Therefore, can executive equity incentives promote the high-quality development of enterprises, thereby improving the quality of industrial development? This paper takes China’s knowledge-intensive enterprises as a sample from 2015 to 2019. On the basis of using the LP semiparametric estimation method to measure the total factor productivity of the enterprise, in accordance with the intermediary effect test procedure, the stepwise regression method is used to study the innovation-driven effect of the executive equity incentives on the quality of enterprise development. The study found that executive equity incentives have an inverted U-shaped impact on the high-quality development of companies, with 20% being the optimal ratio. There is a partial mediating effect in corporate innovation activities on this transmission path. Based on this, suggestions are made to share residual income with senior management and build a high-quality innovative production chain.

2021 ◽  
Vol 271 ◽  
pp. 02016
Author(s):  
Jia Li ◽  
Shengxi Ding

Resources and environment is the carrier and material basis of regional sustainable development. Regional high-quality development must adhere to the protection of resources and environment. Based on the investigation and empirical analysis of the current situation of industrial development in Datong County of Qinghai Province, this paper puts forward some countermeasures and suggestions to promote the coordinated high-quality development of resources, environment and industry in Datong County.


Author(s):  
Loreta Abakoka

Nora Ikstena’s “Mātes piens” (Mother’s Milk; published in English as Soviet Milk) is one of the novels in the book series “MĒS. Latvija, XX gadsimts” (We. Latvia. The 20th Century). It describes the difficulties that can arise in the mother-daughter relationship, describes the Soviet time’s environment and its impact on everyday life. The historical novel “Mātes piens” has been published in 25 countries, which means that this novel has been translated into many different cultures, which are less familiar with the mentality of the Latvian people and the USSR times in Latvia. Therefore, it is crucial how the text is translated or whether the style and the particular poetics of Nora Ikstena’s language in this novel are accurately reproduced. Therefore, the scientific research work “Quality of Translated Comparisons of Nora Ikstena’s “Soviet Milk” and “Молоко матери”” was developed. Comparisons requiring the translator to take into account both the content and the meaning of the words were analysed, as well as the aspect of language imagery and culture. The novel was translated into English by Margita Gailīts, and into Russian by Ludmila Nukņeviča. The events of the novel “Soviet Milk” take place from the end of the Second World War until the 1980s. The main character is a daughter, whose story is intertwined with the life stories of her mother and grandmother. The novel portrays the daughter’s struggle with her mother’s depression, which has deprived her of emotional intimacy with her mother since birth; the daughter continues to hope and gain her mother’s love, helping in times of crisis and ignoring several rejections. Although the translation process is very old, the question about the translation quality is still relevant. Using sources of information and gaining theoretical knowledge of the translation process, an error estimation method was developed that allows the word “quality” to be quantified. Literary translation is mostly separated from other translation types and put into a separate category, usually because the meaning of a literary work cannot be clarified in simple terms presented today. It is also difficult to analyse what the reader expects from the translation. Since there cannot be one right way of translating literature, the sense of the translator’s ethical duty to the author is the most important. However, this is very limited by how well the translator understands the author’s intentions and what is said and how much freedom the translator is given to change the text to find the most appropriate way to express the idea in the language. (Sager 1994) Four groups were divided by Juliane House’s theory (House 2014; House 2017) about overt errors. Text translation errors are divided into 2 categories – covert and overt. Covert errors are difficult to notice because, superficially, from a grammatical point of view, the sentence is correct, but its content is not logical or acceptable. The overt errors detected are obvious, constitute a systematic error. Overt errors are divided into 7 groups: 1 – not translated; 2 – a slight change in meaning; 3 – a significant change in meaning; 4 – distortion of meaning; 5 – breach of SL system; 6 – creative translation; 7 – cultural filtering. 64 comparisons in Latvian, 64 equivalents in Russian, and 55 equivalents in English were excerpted (9 comparisons were not translated). Translations of comparisons were divided into 4 groups: 1) accurately translated, 2) translations with minor changes, 3) culturally harmonized translations, 4) untranslated comparisons. Translations of comparisons that scored 5 points or more are considered qualitatively translated, given that there are no significant errors. There is no single fundamental criterion for the quality of a translation against which all translated texts can be judged. There are several definitions of quality translation, and quality is affected by many factors. The translations of comparisons in both foreign languages (English and Russian) are of high quality; they received high marks if they were analysed according to the error evaluation table because the maximum number of points that could be obtained was 6 points and no comparative translation was lower than 5 points. The Russian translation is more successful (comparative translations more often scored 6 points) than the English translation, which can be justified by the fact that the Russian language is historically and geographically a neighbor of the Latvian language, but the English language and culture are remote. Phraseological comparisons are translated literally and also more accurately into Russian; there are more of the same equivalents in the target culture. When evaluating comparisons that use the concepts of biblical story motifs or images of Greek mythology, they are mostly accurately translated into the target languages, as the target cultures are well acquainted with this religion and Greek mythology. One of the most important findings – not only literal translations are of high quality; it is much more important to express them in a way that is understandable to the target culture while maintaining the author’s writing style and the text’s main idea, paying attention to details.


2021 ◽  
Vol 12 (4) ◽  
pp. 1136-1138
Author(s):  
Sh.S. Fayzibayev, Et. al.

The content and the role of the methodological system, which provides for close interaction of higher educational institutions and enterprises of the country's industry sectors are considered in the process of training modern innovative professionally-oriented graduates with creative thinking, capable of creating innovations and implementing them into the real sector of the economy The education system of the republic is aimed at ensuring high quality level of graduates. The determining content and quality of such training in the education system are innovative processes: complex, mutually influencing and mutually enriching processes. The choice of an innovation-oriented development path contributes to the provision of the education system with a high quality of training of specialists and an increase in the integration level of the market of educational services into the labor market by attracting faculty and students to the innovative activities of the republic's economy sectors. This will make it possible to orient the modern system of higher education towards a science-intensive, practically directed system of training and retraining of specialists [1].


Land ◽  
2020 ◽  
Vol 9 (12) ◽  
pp. 517 ◽  
Author(s):  
Lingming Chen ◽  
Wenzhong Ye ◽  
Congjia Huo ◽  
Kieran James

Environmental regulation is an important means of restraining enterprises and protecting the environment. Rationalization of environmental regulatory policies can promote high-quality regional economic development. The optimization and upgrading of the industrial structure has an intermediary effect on the impact of environmental regulations on the high-quality development of the regional economy. After collating and analyzing previous research, this article proposes to classify 30 Chinese provinces into regions with higher than the national average HDI (human development index) and lower than the national average HDI based on the average HDI of Chinese provinces. We explore the mediating effect of industrial structure on environmental regulation and high-quality regional economic development. The model passed the full-sample robustness test and the robustness test with GDP as the replacement variable. The empirical results show that environmental regulations of different intensities have different effects on the quality of regional economic development. The effect of environmental regulations on development quality is mainly mediated through the transformation and upgrading of the industrial structure. Enterprises need reasonable incentives from environmental regulations to transform and upgrade. The mediating effect of the industrial structure on environmental regulations is greater in regions with below-average HDI values than in regions with above-average HDI values, which shows that the industrial structure is the mechanism underlying the effect of environmental regulations on the quality of regional economic development. This result proves that adjusting environmental regulatory policies can effectively promote the upgrading of industrial structure, thereby promoting high-quality regional economic development. Based on this, the article puts forward several policy recommendations.


2021 ◽  
Vol 13 (4) ◽  
pp. 2231
Author(s):  
Die Li ◽  
Sumin Hu

Technological innovation is considered to be an effective way to promote the quality of economic development and green transition under environmental policies, while the specific mechanism of this process is still unclear. Thus, the purpose of this paper was to examine how technological innovation mediates the relation between environmental regulation and high-quality economic development. Based on the panel data of 34 industries in China from 2007 to 2015, this paper firstly calculated the green total factor productivity (GTFP) as a proxy variable for the quality of economic development through the super-slack-based measure model, and then analyzed the impact of environmental regulation and technical innovation on the GTFP by making use of the mediation effect model. The results showed that environmental-related policy directly affected the GTFP while technological innovation indirectly moderated this process, where the moderate impact of technological innovation was industrial heterogeneous. Specifically, the relation between environmental regulation and GTFP was positively and partially moderated by technological innovation in clean industries and high-tech industries, while positively but completely moderated by technological innovation in low-and medium-tech industries. Moreover, the mediating effect of technological innovation in pollution-intensive industries was positive but insignificant.


2020 ◽  
Vol 218 ◽  
pp. 02009
Author(s):  
Jianhua Zhao ◽  
Yanyu Gong

With the introduction and application of 5G, the digital economy has become a new driving force for the high-quality development of agriculture. This study takes the digital economy as the development-oriented ‘digital village’ Hebi City as a case, and analyzes the practical basis for the digital economy to promote the high-quality development of agriculture in China from three aspects: power change, quality change and efficiency change. This paper explains the theoretical mechanism of digital economy to promote the high-quality development of agriculture from four perspectives of infrastructure, technological innovation, talent training and industrial development, and strives to realize the three major changes in agriculture through digital economy, accelerates the digital transformation and upgrading of agriculture in China, and promotes the high-quality development of agriculture.


2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Brigitte Lalude Asante ◽  
Franziska Zúñiga ◽  
Lauriane Favez

Abstract Background Leadership has a vital role regarding quality of care in nursing homes. However, few studies have explored upper-level managers’ views on how to assure that residents receive high quality of care. Therefore, this study’s aim was to examine how managers of top-quality nursing homes define, develop and maintain high-quality of care. Method We used interpretive description, an inductive, qualitative approach. Our research included 13 semi-structured interviews with 19 managers. We analyzed their input using reflexive thematic analysis, which is an iterative approach. Results Quality development and maintenance are cyclic processes. Managers in high-performing nursing homes lead with high commitment towards a person-centred quality of care, creating appropriate working conditions and continuously co-creating a vision and the realization of quality of care together with employees. Conclusions This study confirms that, in high-performing nursing homes, a person-centered approach—one where both residents and employees are at the center—is essential for quality development and maintenance. The most effective managers exemplify “person centeredness”: they lead by example and promote quality-focused working conditions. Such strategies motivate employees to provide person-centered care. As this means focusing on residents’ needs, it results in high care quality.


2021 ◽  
Vol 251 ◽  
pp. 01099
Author(s):  
Cong Peng ◽  
Xu Guo

As an important part of Baijiu industry in China, Chinese sauce-flavor Baijiu is sought after by the consumer market for its unique taste. However, in recent years, there are still many challenges in the process of industrial development. Based on the analysis of three characteristics of Chinese sauceflavor Baijiu market and the internal and external environments of industrial development, the internal and external factors of high quality and sustainable development of Chinese sauce-flavor Baijiu industry were discussed from three aspects - concentrated development, green development and diversified development.


PLoS ONE ◽  
2021 ◽  
Vol 16 (12) ◽  
pp. e0259845
Author(s):  
Yuexiang Yang ◽  
Lei Ren ◽  
Zhihui Du ◽  
Guanqun Tong

Background China’s economy has been transitioning from a phase of rapid growth to high-quality development. The high-quality development of industry is the foundation of a sustainable and healthy growth of national economy, and is of great significance to improve people’s living standards, and to meet people’s needs for a better life. Methods We develop an evaluation index system of high-quality development of industry from the perspectives of industrial benefit, innovation ability, coordination ability, green ability, opening ability and sharing ability. Based on a panel data of 30 provinces in China during 1999–2018, we evaluate the level of high-quality development of industry using the entropy-weight method and Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) method. Meanwhile we select six specific years and adopt the Natural Breaks method to classify the provinces according to their levels. At last, Moran’s I index is used to analyze the spatial correlation among the provinces. Results Opening ability and innovation ability are found to have greater impacts on industrial high-quality development than other indices, and their influence has been increasing in recent years. There are large spatial and temporal differences among different provinces. Municipalities and coastal provinces are found to be at constantly high levels. The levels in the central region dropped first and then increased, however it was the opposite in the western region. In the northeast region, the levels fluctuated greatly. Overall, the high-quality development of industry among China’s provinces shows positive spatial correlation. Most provinces in China are in High-High and Low-Low clustering States. The High-High clustering type is mainly distributed in the eastern region and the Low-Low clustering type is mainly distributed in the western and central regions. Conclusion (1) Innovation ability and open ability are the most important factors. (2) Green ability has not sufficiently contributed to China’s industrial development. (3) Regional and time evolution differences are significant. (4) There is a significant and stable spatial clustering effect in the high-quality development of industry among China’s provinces.


SAGE Open ◽  
2020 ◽  
Vol 10 (3) ◽  
pp. 215824402094100 ◽  
Author(s):  
Victor Chukwunweike Nwokocha ◽  
Christopher Emmanuel Nwankwo ◽  
Ijeoma Gladys Nwosu ◽  
Ignatius Ani Madu

This paper is an appraisal of production subcontracting and how it stimulates the survival of small and medium scale enterprises (SMEs) in the Nigeria industrial sector. The aim of this article is to extend the debate on the desirability of production subcontracting between SMEs and its relevance to industrial development policy in Nigeria. The analysis in this paper was based on a desktop review of 15 articles published in Nigeria on production subcontracting and SMEs within a 19-year period (2001–2019). These articles were drawn from peer-reviewed journal articles. This paper found that on the basis of a critical review of literature, research on production subcontracting has apparently enjoyed a smidgen of global acceptance as was shown by its high quality of publications. This paper also found that production subcontracting strategy has been instrumental in the survival of SMEs in the Nigerian industrial sector through its abilities to guarantee reduction in operational cost, risk reduction, and resources accessibility. The found an emerging area of research in production subcontracting which suggests that production subcontracting increases firm performance in the areas of profit growth, market share, and organizational profit. This paper suggested that given the significant contributions of production subcontracting in the SMEs sector, the strategy deserves development and policy support in the country.


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