scholarly journals Governmental governance of host countries and cross-border merger and acquisition performance: Evidence from listed enterprises in China

PLoS ONE ◽  
2021 ◽  
Vol 16 (8) ◽  
pp. e0256494
Author(s):  
Kun Liu ◽  
Shiyi Wu ◽  
Na Guo
Keyword(s):  
Institutional Environment ◽  
Sustainable Growth ◽  
Economic Activities ◽  
Governance Capacity ◽  
Cross Border ◽  
The Cross ◽  
The Government ◽  
The Impact ◽  
A Performance

With globalization, the cases of Chinese enterprises’ cross-border mergers and acquisitions (M&A) are increasing rapidly. The institutional environment of the host country has become an important factor influencing M&A performance, which has a profound impact on the success or failure of cross-border M&A. Based on this, for our study, we selected cases of cross-border M&A of listed companies in China from 2007 to 2018 as research samples to empirically test the impact of the host country’s governance capacity on the cross-border M&A performance of acquirers. It was found that the host country’s governance capacity has a negative effect on the M&A performance in the short term, but in the long term, it can effectively improve the cross-border M&A performance of acquirers. At the same time, specific to the relationship between the governmental governance capacity of six different dimensions and long-term M&A performance, the government effectiveness, regulation quality, and rule of law have the most significant promotional effect on long-term M&A performance. This implies that acquirers should focus on the long-term impact of governmental governance capacity on M&A, and consciously lean toward countries with strong governance capacity in order to obtain long-term value growth when arranging overseas M&A activities. The conclusion of this paper provides a reliable basis on which for companies to achieve sustainable growth in complex economic activities.

Features of the formation and implementation of the cross-border cooperation development strategy

2019 ◽  
pp. 31-38
Author(s):  
Oksana Kopylyuk ◽  
Piotr Kucab
Keyword(s):  
Development Strategy ◽  
Swot Analysis ◽  
Regional Level ◽  
Cross Border ◽  
Cooperation Strategy ◽  
The Cross ◽  
Definition Of ◽  
The Impact ◽  
Cross Border Cooperation

The importance of cross-border cooperation in the socio-economic development of the border regions is emphasized and the need to develop its strategic directions is grounded. The authors confirm that the strategy of cross-border cooperation should be one of the sections of the state regional policy and policy of the border territorial entities, should contain key operational and thematic objectives, cover the financing mechanism and features of the instruments for its provision. The author’s approach to the definition of the main stages of the process of formation of the cross-border cooperation strategy at the regional level is proposed, their content, functional characteristics and key parameters for the implementation of the measures are disclosed. According to the author’s approach, the process of forming of cross-border cooperation strategy at the regional level should include the following steps: 1) identification of long-term goals of cross-border cooperation in the main functional areas: sustainable development, employment, tourism, transport, communications, environment, security, border infrastructure, etc.; 2) analysis of potential of transboundary regions in the retrospective and strategic aspects with specification of the matrix of SWOT analysis; 3) institutional and managerial support for cross-border cooperation; 4) determination of the most rational forms of CBC; 5) justification of volumes and sources of financial support of cross-border cooperation; 6) selection of CBC financing instruments; 7) definition of strategic alternatives and justification of the strategy of cross-border cooperation; 8) implementation, monitoring, control and evaluation of the impact and risks of cross-border cooperation. The process of forming of CBC strategy involves its implementation, monitoring, control, evaluation of performance and risks. This stage involves the study of the effectiveness of the CBC implementation, the degree of convergence and integration of transboundary regions in the context of risk management that accompanies this process. The strategy of cross-border cooperation should clearly define the overall long-term priorities of cooperation in terms of their specificity, time and financial dimension, flexibility and consistency. Strategic goals should reflect the basic European values and promote convergence of the regions of the countries on both sides of the border.

scholarly journals The impact of agriculture on CO2 emissions in China

2019 ◽  
Vol 66 (2) ◽  
pp. 257-271 ◽  
Author(s):  
Nezahat Doğan
Keyword(s):  
Co2 Emissions ◽  
Carbon Dioxide Emissions ◽  
Single Equation ◽  
Real Income ◽  
Annual Data ◽  
Economic Activities ◽  
Distributed Lag ◽  
The Government ◽  
The Impact

This study empirically analyses the long-term relationship between agricultural production and carbon dioxide emissions in China by using annual data covering 1971-2010. In estimating the relationship between agriculture and CO2 emissions, the study also includes real income and energy consumption as variables in the model, in line with the EKC hypothesis. To identify the existence of a long-term relationship between CO2 emissions and agriculture, the bounds test approach for cointegration and autoregressive distributed lag (ARDL) methods are used. To determine the robustness of the results, other single-equation cointegration methods such as FMOLS, DOLS, and CCR are also estimated. The results confirm cointegration among variables and the presence of an inverse U-shaped agriculture-induced EKC curve for China. Agriculture increases a country?s long-term CO2 emissions. The government, policymakers, and agricultural producers should set strategies covering energy-intensive economic activities, including agriculture, to solve environmental problems.

“Air pollution arrested not imprisoned”: The impact of laws invoked on Covid-19 city lockdowns

2021 ◽  
Vol 2 (4) ◽  
Author(s):  
Emmanuel Mensah Aboagye ◽  
◽  
Nana Osei Owusu ◽  
Keyword(s):  
Air Pollution ◽  
Environmental Problem ◽  
World Health Organisation ◽  
Developed Countries ◽  
World Health ◽  
Economic Activities ◽  
Global Pandemic ◽  
Depth Study ◽  
The Government ◽  
The Impact

Air pollution continues to be an environmental problem that poses a lot of health risks to the young and aged. Developed countries have invested heavily to curb this environmental problem, causing severe threats to human lives, yet the results do not look convincing. In developing countries, the situation is difficult than they can imagine, resulting in governments borrowing to fight what looks like a lost battle [1-3]. The in-depth study of this environmental menace - air pollution, suggests that the government enacts stringent measures to help fight this battle. This is because air pollution has natural (volcanic eruption) and anthropogenic (human activities) causes. In December 2019, the deadly Coronavirus (Covid-19) outbreak was soon declared as a global pandemic by the World Health Organisation (WHO) [4]. Majority of countries have had their share of the impact of this outbreak. Many countries resorted to city lockdown to strictly control the movement of people and economic activities as recommended by WHO.

Reclaiming their socio-economic space in African culture : Shona Women Cross-Border Traders of Zimbabwe

2021 ◽  
Vol 2 (1) ◽  
pp. 65-82
Author(s):  
Enna Sukutai Gudhlanga
Keyword(s):  
Well Being ◽  
Global South ◽  
Customary Law ◽  
African Woman ◽  
African Culture ◽  
Economic Activities ◽  
Cross Border ◽  
Success Stories ◽  
The Family ◽  
The Cross

The advent of colonialism relegated the traditional African woman to the fringes of the family and society through codified customary law. The Shona women of Zimbabwe were some of the worst affected as they were re-defined as housewives who had to rely on their husbands for the up-keep of the family. However, in as much as globalisation has been accused of having brought some crisis on the African continent and side-lined a significant number of indigenous players, for the African woman in the global south it has brought some form of re-awakening. Globalisation seems to have re-opened the avenues for Shona women and enabled them to re-negotiate their entry back into the economic activities of the family and the public sphere. Despite the general lack of interest in the activities of women and in the strategies used by the poor for survival, it is a known fact that Shona women have become a force to reckon with in terms of cross-border trading in Zimbabwe. This research was prompted by the general hub of activity at the country's borders before the onslaught of the COVID-19 pandemic and the predominance of women traders who traverse the borders but whose activities have either not attracted enough attention to get their work recognised, or simply because they are taken for granted. Despite such strides, women in the cross-border trading business have instead garnered a certain stigma around them to the extent that the magnitude of their work is largely unrecognised. Yet elsewhere, the significance of women in informal trade is well documented. This study argues that women have not been left out in the global arena of trade. Desai (2009) acknowledges that the global economic openings in the informal sector have afforded women the opportunity to become active players in the markets of the global South. It is the aim of this research to investigate how globalisation has influenced the nature of the activities of Shona women in the cross-border trading business in Zimbabwe and their impact on the social well-being of the family and the nation’s economy at large. The research is largely qualitative in nature. Purposively selected Shona female cross-border traders at the Gulf Complex and Copacabana Market in Harare were interviewed before the COVID pandemic. The study revealed that the transnational activities of these Zimbabwean women are more wide-spread than has been anticipated. The study also revealed that women are unrecognised pillars in the economy of Zimbabwe as reflected in their success stories that have benefited Zimbabwe as a country. The study was informed by Africana Womanist theory which is embedded in African culture with special leaning on Ubuntu/ Unhu philosophy which recognises the complementary roles and partnerships of both men and women in resolving society's challenges.

scholarly journals KUALITAS PELAYANAN SEKOLAH TTERHADAP KEPUASAN MAHASISWA DAN PENCIPTAAN BRAND IMAGE

2018 ◽  
Author(s):  
Lusiah
Keyword(s):  
Higher Education ◽  
High School ◽  
Brand Image ◽  
Good Service ◽  
Good Image ◽  
New Students ◽  
The Government ◽  
The Impact

The development of higher education in Indonesia is increasingly evident. It is characterized by many private colleges are spread all over Indonesia. But in recent years the government did not give permission to those who want to establish a college. One reason is the government not only menginginkankan development in terms of quantity alone, but must be accompanied by good quality of any existing college.The number of colleges that exist today is already growing its own competition. The high level of competition among private universities is happening now requires every college has the right strategy to attract the interest of new students. Each college offers the advantages of each. However, not all universities have a particular brand image compared with other universities.One of the determining factors of brand image is the satisfaction of its customers. While satisfaction itself arises as a result of service perceived by the customer.College is not only required to provide a good quality education, but they also must be able to provide good service to students as well. Good service is expected to provide satisfaction for students. Of course in the long term, the impact of satisfaction that will form a good image for the college concerned anyway.STIE IBBI Medan is one of the private high school that has a good image in the city of Medan. However, STIE IBBI still have to further improve the quality of services provided to students. It is necessary to maintain the good image that has been owned STIE IBBI today.The plan of the research will be conducted in STIE IBBI Medan. The population is all students STIE IBBI. The long term goal of this research is to STIE IBBI to increase public confidence in higher education that will take in high school applying good quality excellent service. Expected from the results of this study, STIE IBBI can also implement appropriate marketing strategies to improve the quality of service to students. In addition, the results of this research can be a good reference for prospective new students who will pursue higher education in the STIE IBBI Medan.

scholarly journals Contingency Plan: Comparison of Health Policies in Managing COVID-19 in Singapore and Indonesia

2021 ◽  
Vol 4 (1) ◽  
pp. 28-34
Author(s):  
Khalish Arsy Al Khairy Siregar ◽  
Deasy Nur Chairin Hanifa
Keyword(s):  
Health Policy ◽  
Mortality Rate ◽  
Good Health ◽  
Disaster Mitigation ◽  
Health Policies ◽  
Economic Activities ◽  
The Past ◽  
System 2 ◽  
The Government ◽  
The Impact

 Introduction: Singapore is one of the countries with the lowest mortality rate and the best handling of COVID-19. Singapore can be an example for Indonesia on COVID 19 pandemic handling.Methods: The method used is a literature review from google platform with these keywords: “Singapore Health Policy in COVID-19, Indonesian Health Policy in COVID-19, Singapore's success in suppressing COVID-19”. The analysis was done by comparing the policies taken from the two countries in dealing with COVID-19.Results: Singapore and Indonesia did indeed have very big differences in terms of government and in broad areas, it cannot be denied that Indonesia can have the same opportunity as Singapore in providing a good health disaster mitigation system for the community. Three factors influence Singapore's success in dealing with COVID-19: 1) having a responsive and efficient health disaster mitigation system, 2) government legitimacy which is determined by the capacity of the state. Singapore has a semi-centralized government with high legitimacy the experience of dealing with pandemics in the past, 3) Singapore's experience with SARS in the past makes Singaporeans understand very well the impact of the pandemic on their economic activities and social life.Conclusion: Several things can be emulated from Singapore in handling COVID-19 was the transparency, strong communication between community and the government, prioritizing the benefit and safety of civil society and building obedience and awareness of Covid 19 prevention.

scholarly journals The Influence of Logistics Mode on Cross Border E-commerce Business Scale

2021 ◽  
Vol 235 ◽  
pp. 03006
Author(s):  
Xiaohui Hu
Keyword(s):  
United States ◽  
Regression Analysis ◽  
The United States ◽  
Intermodal Transportation ◽  
Road Transportation ◽  
Cross Border ◽  
Logistics Mode ◽  
Transportation Logistics ◽  
The Impact

China’s cross-border e-commerce companies are facing the problem of high logistics cost caused by excessive reliance on road transportation in domestic logistics link. In the long-term development, crossborder e-commerce companies in the United States have adopted the intermodal transportation logistics mode, which can reduced the domestic logistics costs. In order to study the impact of intermodal-transportation logistics mode on the scale of cross-border e-commerce companies, this paper selects the relevant data of Hub Group, the first intermodal marketing company in North America, makes multiple regression analysis, and draws the following conclusion: the intermodal-transportation logistics mode of highway and railway collaborative transportation is conducive to the expansion of cross-border e-commerce business scale.

scholarly journals Incentive Contract Design considering Fairness Preferences and Carbon Emission Reduction Multiobjective Tasks

2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Zhipeng Li ◽  
Shuzhen Zhu ◽  
Xinyu Cao
Keyword(s):  
Discount Rate ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Correlation Coefficients ◽  
Carbon Emission Reduction ◽  
Incentive Model ◽  
Incentive Strategies ◽  
The Government ◽  
The Impact

Considering the multitargets of corporate carbon emission reduction and the fairness preference psychology of the company, a government incentive model for corporate carbon emission reduction was constructed. The impact of corporate fairness preferences on government carbon emission reduction incentive strategies is studied. In addition, numerical simulation is used to analyze the impact of changes in correlation coefficients, fairness preference coefficients, and discount rates on the optimal enterprise effort coefficient and the government optimal incentive coefficient. Research shows that the degree of fairness preference of a company has a direct impact on the degree of corporate effort, while the discount rate will only have an impact on the company’s long-term effort. In order to improve corporate carbon emission reduction efforts, the government must not only consider the impact of fairness preference on corporate efforts but also flexibly adjust the incentive coefficient of long-term and short-term tasks based on the discount rate.

scholarly journals Guanxi, Trust, and Long-Term Orientation in Chinese Business Markets

2005 ◽  
Vol 13 (2) ◽  
pp. 28-56 ◽  
Author(s):  
Don Y. Lee ◽  
Philip L. Dawes
Keyword(s):  
Hong Kong ◽  
Interpersonal Relationships ◽  
Chinese Culture ◽  
Three Dimensional ◽  
Business Markets ◽  
Latent Construct ◽  
Chinese Business ◽  
The Government ◽  
The Impact

This research focuses on buying firms’ trust in a supplier's salesperson and posits that this type of trust is determined by characteristics of the salesperson, the interpersonal relationships between a salesperson and the buying firm's boundary personnel, and characteristics of personal interactions between these two parties. More important, the authors discuss the concept of interpersonal relationships in the context of Chinese culture and model it as a three-dimensional latent construct, which, in some literature, is called guanxi. A key aspect of this research is that the authors investigate the impact of each dimension of guanxi on salesperson trust separately. Moreover, the authors consider the buying firm's trust in the supplying firm and its long-term orientation toward the supplier the consequences of salesperson trust. To test the model, the authors use data collected from 128 buying organizations in Hong Kong. The sampled firms are from both the government and private sectors.

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