scholarly journals Analysis on the Impact of Government-Enterprise Cooperation on Technological Innovation and Its Economic Consequences --Based on Empirical Cases of GEM-listed Companies

2018 ◽  
Vol 4 (4) ◽  
pp. 38
Author(s):  
Xiaomei Chen ◽  
Yun Xia ◽  
Junda Yang
Keyword(s):  
Technological Innovation ◽  
Corporate Performance ◽  
Listed Companies ◽  
Two Dimensions ◽  
Economic Consequences ◽  
Practical Significance ◽  
Economic Market ◽  
Government Enterprise ◽  
The Government ◽  
The Impact

Based on the GEM listed companies in 2009-2016, the authors discuss the impact of government-enterprise cooperation on enterprise technology innovation and its actual economic consequences from the two dimensions of R&D investment and corporate performance. The empirical results of this paper are as follows: the government-enterprise cooperation model does not promote enterprises to invest more funds for technological innovation, but it has a positive effect on corporate performance. The conclusion of this paper provides a new perspective and empirical evidence for us to understand the nature of government-enterprise cooperation and its impact on the entire economic market. It has strong theoretical and practical significance.

scholarly journals The Impact of Technological Innovation on Corporate Performance: Evidence From the Communication and Cultural Industry in China

2018 ◽  
Vol 9 (4) ◽  
pp. 78
Author(s):  
Maoguo Wu ◽  
Nan Gu
Keyword(s):  
Technological Innovation ◽  
Corporate Performance ◽  
Positive Impact ◽  
Strong Support ◽  
Listed Companies ◽  
Cultural Industry ◽  
Explanatory Variables ◽  
The Government ◽  
Increasing Demand ◽  
The Impact

China’s communication and cultural industry is an emerging industry at the primary stage of its development. Nowadays, the public’s increasing demand for cultural products, coupled with the strong support from the state and the government for the communication and cultural industry, have provided huge room for the development of this industry. However, some listed companies in the communication and cultural industry have not kept up with the constantly changing market and have not invested heavily in R&D and technological innovation, resulting in widespread product homogeneity and poor corporate performance. This paper empirically tests the impact of technological innovation on corporate performance of 56 listed companies from 2007 to 2016 in the communication and cultural industry. Along with variables that proxy technological innovation, variables that proxy solvency, profitability, operational capability, development capability, social responsibility, and shareholder indicators are included in the regression as explanatory variables. Empirical results show that technological innovation has a positive impact on the corporate performance of listed companies in the communication and cultural industry.

scholarly journals An Empirical Analysis of the Impact of Fiscal and Tax Incentives on Enterprise Technological Innovation - Taking Listed Companies on GEM as Examples

2018 ◽  
Vol 11 (12) ◽  
pp. 42
Author(s):  
Junda Yang ◽  
Yun Xia ◽  
Liu Yang ◽  
Zhongtao Zhang
Keyword(s):  
Development Strategy ◽  
Technological Innovation ◽  
Economic Structure ◽  
Listed Companies ◽  
Tax Incentives ◽  
Tax Policies ◽  
Development Mode ◽  
Study Results ◽  
The Government ◽  
The Impact

Enterprise technological innovation is the backbone of the transformation of economic development mode in China, the optimization of economic structure, and the realization of national innovative development strategy. In order to promote the transformation and upgrading of the economic structure and encourage the the development of technological innovation of enterprises, a series of fiscal and tax policies which encourage technological innovation are introduced in China. Although the fiscal and tax incentives are generally adopted by the governments of the world, the research conclusions of the academia on the implementation effect of fiscal and tax policies are not unified. For this reason, in this paper, based on the data of listed companies on the Growth Enterprise Market from 2011 to 2017, the STATA 14.0-version software is used to analyze the sample data, and the relationship between the current fiscal policies and technological innovation is explored. The study results show that the fiscal and tax incentives positively affect the technological innovation of enterprises, which provides an important theoretical basis for the government to further improve fiscal and tax policies. Finally, based on the previous research contents, the corresponding conclusions are summarized, and relevant suggestions for improving the fiscal and tax incentive policies are proposed.

scholarly journals Socio-Economic Risk Assessment and Peril Analysis in the Context of the COVID-19 Pandemic and Emergencies

2021 ◽  
Vol 10 (1) ◽  
pp. 636
Author(s):  
Olga Novikova ◽  
Olena Khandii ◽  
Larisa Shamileva
Keyword(s):  
Quantitative Methods ◽  
Social Protection ◽  
Social Indicators ◽  
Economic Consequences ◽  
Practical Significance ◽  
Risk Ranking ◽  
Social Risks ◽  
The Government ◽  
The Impact ◽  
Economic Risks

The article proposes a methodology for assessing socio-economic risks and analysing perils in the context of the COVID-19 pandemic and emergencies, and presents the results of its testing. The methodology allows assessing changes in labour risks by possible values of internal indicators. This makes it possible to develop scenario approaches in case of a change in quarantine restrictions or their lifting. Testing of the developed methodology for assessing socio-economic risks and analysing perils caused by the impact of the COVID-19 pandemic on the domestic labour market and employment is based on determining changes in economic conditions of risk emergence and occurrence, direct employment risks, and assessment of socio-economic consequences of risks in case of strict quarantine measures during the 2nd quarter of 2020. A feature of the proposed scientific and methodological support for assessing socio-economic risks and analysing perils in the context of the COVID-19 pandemic is taking into account the basic principles of the European system of social indicators using quantitative methods of assessing social risks in the workplace. The practical significance of the obtained results is that the introduction of the developed scientific and methodological support, and practical recommendations will promote the development of preventive measures to deal with socio-economic risks and perils in the domestic labor market and employment, to improve social protection during the COVID-19 pandemic, and to prioritise the government measures based on the risk ranking according to the occurrence, and the impact probability.

The Impact of Ownership on Corporate Performance: The Case of the UAE

2018 ◽  
Vol 13 (3) ◽  
Author(s):  
Magda Elsayed Kandil ◽  
Minko Markovski
Keyword(s):  
Corporate Performance ◽  
Positive Impact ◽  
Listed Companies ◽  
State Ownership ◽  
Control Measures ◽  
Government Ownership ◽  
Strong Trend ◽  
Two Samples ◽  
The Impact ◽  
Positive Effect

AbstractThis study attempts to identify whether government ownership has an effect on corporate performance, such as Return on Assets (ROA), Price to Book value, and Profits for a sample of 102 listed companies on the UAE stock exchanges and a subsample of 17 banks listed on the same bourses over a period of 31 quarters. In the case of the sample of 102 companies, government ownership has a positive impact on some of the corporate performance indicators, as well in the banking subsample. In addition, the analysis evaluates the impact of state ownership on debt accumulated across the two samples. The results indicate that state ownership reduced the need to accumulate debt in general across the larger sample. However, focusing on banks, state ownership facilitates borrowing and accumulating debt. The results point to the positive effect of state ownership on corporate performance. Further, state ownership eases constraints on banks’ borrowing as it boosts confidence in the outlook, facilitating higher ratings and cheaper sources of funding. In the case of the UAE, similar to some other countries, where there is a strong trend toward government ownership in listed companies and banks, it has a positive effect on their performance for the period 2008–2016, i. e., there is a positive relationship between the block-holder ownership and firms’ performance, subject to efficiency control measures.

An empirical investigation on the impact of marketing strategy style on firm performance: evidence from public firms in China

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rui Wang ◽  
Liqiong Liu ◽  
Yu Feng
Keyword(s):  
Marketing Strategy ◽  
Corporate Performance ◽  
Negative Impact ◽  
Secondary Data ◽  
Listed Companies ◽  
Research Issues ◽  
Content Type ◽  
Public Firms ◽  
Negative Effect ◽  
The Impact

PurposeThe mechanism of marketing strategy style and its impact on firms are research issues received wide attention. In particular, the aggressive style of marketing strategy has been chosen by many companies, but recent studies have shown that it has a negative effect on corporate performance. This leads to the core issue of this paper – does the aggressive style of marketing strategy always had a negative impact on corporate performance? Are there any factors that can alleviate this negative impact?Design/methodology/approachBased on the resource-based theory and agency theory, this paper takes the Growth Enterprise Market (GEM) listed companies as the research objects, collects secondary data and conducts the research by regression model.FindingsThe empirical research shows that: (1) the aggressive style of marketing strategy significantly and negatively affects the performance of firm; (2) the resource constraint can moderate the main effect and resource control play a weak adjustment role.Practical implicationsIn practice, this paper confirms the adverse impact of aggressive style of marketing strategy on the performance of listed companies on GEM and inspires the industry to strengthen the control and supervision of marketing resources.Originality/valueThis paper makes up for the research gap in the field of cross-research in finance and marketing theoretically.

scholarly journals Can the Famous University Experience of Top Managers Improve Corporate Performance? Evidence from China

2019 ◽  
Vol 11 (24) ◽  
pp. 6975
Author(s):  
Weifeng Xu ◽  
Qingsong Ruan ◽  
Chang Liu
Keyword(s):  
Corporate Performance ◽  
Top Management Team ◽  
Listed Companies ◽  
Fixed Effect Model ◽  
Top Managers ◽  
Effect Model ◽  
University Experience ◽  
The Impact ◽  
Business Complexity ◽  
Positive Effect

With the continuous improvement of China’s overall education level, the number of top managers with famous university experience in listed companies has been increasing. The question then becomes whether the performance of the listed companies is better if there are more top managers with famous university experience in the top management team (TMT). Based on the sample of listed companies in China from 2008 to 2018, we adopted the two-way fixed effect model and panel propensity score matching (Panel-PSM) methodology to examine the impact of top managers with famous university experience on corporate performance and its mechanism. We found that the higher the proportion of top managers with famous university experience in the TMT, the better the corporate performance will be, and this positive effect is larger in companies with high business complexity. We also found that this effect is mediated by overconfidence of the TMT. The proportion of top managers with famous university experience in the TMT will inhibit the overconfidence of the TMT, which will ultimately benefit corporate performance.

scholarly journals The Impact of Blockchain Technology on Stock Price: An Emprical Study

2021 ◽  
Vol 96 ◽  
pp. 04008
Author(s):  
Minhe Xu
Keyword(s):  
Stock Price ◽  
Quantitative Research ◽  
Rapid Development ◽  
Listed Companies ◽  
Theoretical Research ◽  
Practical Significance ◽  
Future Research ◽  
Event Analysis ◽  
Blockchain Technology ◽  
The Impact

With the rapid development of blockchain technology, more and more attention has shifted from the theoretical research of blockchain technology to the application of specific business of the company. However, there are few literatures on the quantitative research on the impact of blockchain technology on the company's market value after it is applied to the company's actual business. In this paper, 73 listed companies published blockchain application announcements from 2016 to 2019 are selected as the research objects, and the short-term event analysis method is used to quantitatively analyze the impact of the application about blockchain technology on the market performance of listed companies. The results show that: after the announcement of blockchain application in their own business, listed companies have a more significant abnormal income, which shows that the capital market has a significant positive response to the application of blockchain. Finally, this paper puts forward the theoretical and practical significance, limitations and future research.

scholarly journals DIGITAL ECONOMY AND RECRUITMENT POTENTIAL: STRATEGICAL INTERCONNECTION AND PROSPECTS

2018 ◽  
Vol 20 (10) ◽  
pp. 50-75 ◽  
Author(s):  
G. Yu. Peshkova ◽  
А. Yu. Samarina
Keyword(s):  
Higher Education ◽  
High Schools ◽  
Information Technologies ◽  
Structural Changes ◽  
New Technologies ◽  
Digital Economy ◽  
Practical Significance ◽  
Structural Unemployment ◽  
The Government ◽  
The Impact

Introduction.Nowadays, information technologies are developing rapidly. This process affects practically all spheres of life and causes the need of system technological revolutions and modern methods of data processing. A process of digitalisation inevitably changes the structure of population employment and the educational environment as being provider of new HR-recourses.Theaimsof the research were to identify the problems of the digitalization policy in Russia and to formulate possible solutions.Methodology and research methods.The methods of theoretical investigation were used: abstraction, synthesis, analysis and generalisation.Results.The interaction of education systems and science in the field of preparation of HR-recourses at the stage of digital modernisation of the Russian economy is considered. The impact of digitalisation on vacancies and competences needed and the level of preparedness of Russia for the new technological mode are analysed. The perspective directions of higher education and recruitment policy of enterprise and the whole state are identified. The authors have come to the conclusion that rational recruitment policy is an essential part of Russian economy’s digitalisation. The efficiency of realisation of this strategy requires systembased approach to the organisation of staff training for the enterprises in actively changing economic conditions. HR management has become an extremely important element of this system. It is impossible to manage with such digitalization risks as structural unemployment and – at the same time – deficit of highly-qualified specialists without paying attention to what HR-market requires.Scientific novelty. The originality of digital economy is in its optimising effect on production and consumption possible because of operativeness and consolidation of information and computing systems. There has appeared an opportunity to manage socio-economic processes systematically. The necessity of structural changes in HR-market is proved. Moreover, high schools should head the process of overcoming the expected structural unemployment caused by new technologies appearing, i.e. they provide high-quality education of specialised competencies necessary for workers, in particular. Universities must not wait for the government to work out and present new standards and recommendations. On the contrary, high schools ought to independently and urgently initiate the organisation of competitive experts training and to form innovative methods of education of new specialists by cooperating with business sphere and taking examples of digital leaders. To sum up, sensible approach to educational policy can solve the problem of balancing the HК-market and prevent social disturbance.Practical significance.On the example of activity of separate higher education institutions, the ways and models of functioning of the higher school are shown according to economic tendencies.

scholarly journals New era of uncertainties: COVID-19 and its impact on Brazil

2020 ◽  
pp. 50-81
Author(s):  
Mark Vladimirovich Shugurov
Keyword(s):  
Economic Consequences ◽  
Public Healthcare ◽  
The Novel ◽  
New Era ◽  
Socioeconomic System ◽  
Government Aid ◽  
Relevant Topic ◽  
Employment Education ◽  
The Government ◽  
The Impact

This article is aimed at the analysis of social and economic consequences on the novel COVID-19 in Brazil. Brazil has faced multiple problems in fighting pandemic that negatively affected millions of people around the world. The goal of this research lies in determination of the problems that were illuminated by the pandemic in Brazilian society. Analysis is conducted on the consequence of pandemic for Brazil, namely with regards to minorities that rely on the government aid, and the system of public healthcare overall. The article also indicates the mistakes made by the current authorities during pandemic, when due to lack of organization, multiple institutions could not render basic help to reduce the consequences of the chaotic situation faced by the country. As the largest country in South America, Brazil struggled the most in the region; therefore, studying the impact of COVID-19 upon the socioeconomic system of the country is a relevant topic. The article explores the official database and media materials to acquire information on the responsive measures of the government in such sectors as employment, education and healthcare. The scientific novelty consists in the comprehensive analysis of information that demonstrate the impact of pandemic upon the lives of millions of people in Brazil.

Sign in / Sign up

Export Citation Format

Share Document