Analysis on Effect of COVID -19 on Property Valuation in Real Estate Market

The valuation of real estate is a central tenet for all businesses. Land and property are factors of production and, as with any other asset, the value of the land flows from the use to which it is put, and that in turn is dependent upon the demand (and supply) for the product that is produced. Valuation, in its simplest form, is the determination of the amount for which the property will transact on a particular date. However, there is a wide range of purposes for which valuations are required. These range from valuations for purchase and sale, transfer, tax assessment, expropriation, inheritance or estate settlement, investment and financing. The objective of the paper is to provide a brief overview of the methods used in real estate valuation. Valuation methods can be grouped as traditional and advanced. The traditional methods are regression models, etc. MRA has been implemented by many researchers to study valuation of real property cite that MRA is possible for coefficient estimates and factor weightings using a large number of actual sale cases. Keywords: Real property, property valuation, multiple regression analysis, SWOT Analysis

Exploration of PPP Investment and Financing Model for Infrastructure: A Case Study of the Beijing-Tianjin-Hebei Region

With the overall weakening of the macroeconomic situation, the investment growth in Beijing-Tianjin-Hebei continued to slow down. This article focuses on the reform and innovation of investment and financing models in the vertical and horizontal collaborative construction of Beijing-Tianjin-Hebei infrastructure. Under the framework of the PPP model, this article discusses how to design a market-oriented platform of infrastructure investment and financing model, introduce and use private capital, build remote capital access and exit mechanism, measure the government’s financial capacity and financial risks in the PPP model, set up PPP institutions, and improve relevant laws and regulations to make the infrastructure construction and operation more efficient, thus promoting the coordinated development of infrastructure construction in the Beijing-Tianjin-Hebei region.

Intelligent Government Control System Construction Based on 5G IoT

This paper presents an in-depth analysis of the construction of an intelligent government control system in the context of 5G IoT. The research has conducted performance tests and network tests on the samples of the components which debugged the problems that occurred during the tests and analyzed and improved the system. The system designed in this study is not only easy to maintain but also very reliable and safe, with a high level of accuracy, and can be used for remote “five remote” and management of switchgear and other related power equipment. Based on this model, a dual middleware PaaS service selection algorithm is proposed, and a utility evaluation strategy is used to load balance the PaaS service. The test results show that the DMPS algorithm has a high selection accuracy and load balancing capability. Combined with the experience of local government investment and financing platform financing risk management and control practices, the financing risk control system established through the study is made more feasible. From the development history of local government investment and financing platforms, we study local government investment and financing platforms from the perspective of historical development and explore the root causes of their high financing risks and possible defects in the management process of daily work. Concerning the existing laws and regulations, practical operation norms, the framework of the local government investment and financing platform system, and other objective conditions, we start to build a financing risk control system for local government investment and financing platforms from both practical and operational management aspects, to find a financing risk control system that is in line with the regulations and effective. Finally, the system will be put into practice, and the effectiveness of the system will be tested by using the simulation operation method, and the results will be adjusted in time for the shortcomings of the system. The system is expected to help local government investment and financing platforms to reduce their risks so that they can provide better services for urban infrastructure construction and become a solid link in the economic development chain.

Illusion of control in farmers’ investment and financing decisions

PurposePeople’s tendency to overestimate their ability to control random events, known as illusion of control, can affect financial decisions under uncertainty. This study developed an artifactual field experiment on illusion of control for a farm machinery investment.Design/methodology/approachIn an experiment with two treatments, the individual farmer was either given or not given a sense of control over a random outcome. After each decision, the authors elicited perceived control, and a questionnaire collected additional indirect measures of illusion of control from 78 German farmers and 10 farm advisors.FindingsThe results did not support preregistered hypotheses of the presence of illusion of control. This null result was robust over multiple outcomes and model specifications. The findings demonstrate that cognitive biases may be small and difficult to replicate.Research limitations/implicationsThe sample is not representative for the German farming population. The authors discuss why the estimated treatment effect may represent a lower bound of the true effect.Originality/valueIllusion of control is well-studied in laboratory settings, but little is known about the extent to which farmers’ behavior is influenced by illusion of control.

Implementation of Centralized Administration and Management of Funds in Enterprise Groups

Enterprise groups are characterized by multiple levels of enterprises with large scales of assets and complex business models. In the process of administration and management of funds, there are often some problems, such as unreasonable internal funds allocation, high financing costs, and flawed funds control. Centralized fund management is a tool for the overall allocation of intra-group funds and the coordinated management of group investment and financing. It can optimize the resource allocation of enterprise groups and reduce financing costs as well as capital risks. By selecting centralized fund management, establishing control and early warning system, as well as building information system and other steps, enterprise groups can better implement centralized fund management and improve their capital control.

The effect of option trading

This paper studies the effect of option trading on corporate investment and financing policies. Based on prior literature, I hypothesize that option market induces informed trading and thus reduces information asymmetry and the cost of capital. As a result, firms with high option trading have more investment and financing. Specifically, based on the United States public data, this paper finds that option trading volume increases corporate investment and financing, but reduces cash holdings and corporate payouts. These results are robust to the inclusion of industry or firm fixed effect, a control for endogenous options trading, and the use of alternative measures of option trading and corporate policies. The effect of option trading is stronger for firms with higher information asymmetry problems. Finally, this paper finds the results are inconsistent with the “quiet Life” hypothesis and the catering hypothesis.