Analysis on Influencing Factors of Farmland Transfer Price in Heilongjiang Province

At present, there are still some problems in rural land circulation in Heilongjiang Province. Among them, the high price of land circulation is a prominent problem at present, and the price of land circulation is the most important factor affecting land circulation. In this paper, literature analysis, field investigation and interview are used to study the current situation and influencing factors of agricultural land transfer price in Heilongjiang Province, and further analyze the impact of agricultural land transfer price on land transfer. The results show that: (1) In recent years, the transfer price of agricultural land in Heilongjiang Province has been on the rise; (2) The price of farmland transfer will be affected by the factors of grain price, grain producer subsidy, land quality and transfer period; (3) The age of the head of household, the willingness of the head of household to cultivate, the area of agricultural land transfer, the proportion of non-agricultural income, and the types of food planted have no significant effect on the transfer price of farmland.

Trust transfer, price fairness and brand loyalty: the moderating influence of private label product type

PurposeThis study aims to examine the moderating role of private label product type (organic vs non-organic) on the relationships between trust transfer, price fairness, perceived value and brand loyalty.Design/methodology/approachThe empirical data were gathered with the structured questionnaire from two groups of respondents who had previously purchased organic and conventional private label products. The direct, mediating and moderating effects were analysed with structural equation modelling.FindingsThe findings confirmed the trust transfer between the retail store and private label brand. The results revealed that both store trust and trust in private label brand positively influence price fairness and which, in turn, elicits higher perceived value. Perceived value was also found to influence private label brand loyalty. The multi-group analyses revealed that the magnitude of the trust transfer was accentuated by organic food private label. Furthermore, the relation between trust in private label brand, price fairness and perceived value was also greater in organic food private label.Originality/valueThis study utilized the trust transfer theory and equity theory as a theoretical foundation to provide novel insights into the moderating influence of private label product type on the relationships between the antecedents of private label brand loyalty. The results of the research can help retailers to develop successful private label brand marketing strategies.

ANALYSIS OF THE METHODS OF FORMATION OF THE TRANSFER PRICE AND THE POSSIBILITY OF ITS IMPLEMENTATION IN THE PERFORMANCE OF BUSINESS ENTITIES

The article examines the experience of transfer pricing in world practice. In particular, the option of using an alternative transfer pricing scenario was considered. It was determined the need to include the profits of each division in the calculation sheet of the cost of production as a separate item. The possibilities of introducing this experience into the process of forming transfer pricing of enterprises operating in the form of clusters and cooperatives are analyzed. As a result of the study, conclusions were formed, scientific proposals and practical recommendations were given on this problem.

SELL AND BUY TRANSFER OF MOTORCYCLE WITH ADVANTAGES OF A MUAMALAH FIQH PERSPECTIVE (Case Study In Ingin Jaya Districts Aceh Besar District)

Buying and selling over motorcycle financing with profits in the District of Ingin Jaya, namely by transacting motorbikes that are still in financing by obtaining profits and this has become a habit for the people of the Ingin Jaya community. for this reason, the sellers and buyers need to know how the practice of buying and selling over motorcycle financing with profits that are in accordance with the perspective of the sale al-ba’i and hiwalah. In this study the authors used a descriptive analysis research method based on data obtained from interviews with Yamaha Sales Executive, Second Motorbike business owner Umar Matang and buyers from the general public which included transaction procedures and understanding in the agreement to set prices until the transfer was made. The results show the agreement between the seller and the buyer is based on a sense of willingness and an element of help on the condition that the leasing company that provides financing know and approves the transfer is made. And the buyer of the transferred motorbike of the Financing negotiates the transfer price with the first owner and later the buyer of the second motorbike will continue the remaining deposit. From the perspective of the Hiwalah and al-ba'i and Al-Milk At-Tamm contracts, the transfer and sale and purchase transactions that occur are very much in accordance with the concept of Hiwalah, al-ba'i, and complete ownership requirements (Al-Milk At-Tamm) in fiqh muamalah, and also the profits obtained are considered legitimate in buying and selling because the profits are obtained from goods that have clear ownership and are known between the two so that neither party is injured. The transaction has also become a good habit for the people of the District of Ingin Jaya.

Waste converting through by-product synergy: an insight from three-echelon supply chain

By-product synergy (BPS) is an innovative method to convert waste into valuable by-products effectively. Based on a three-echelon supply chain composed of an upstream manufacturer, a processing plant with limited processing capacity, and a downstream manufacturer, this study derives the production quantity and waste disposal decisions of the upstream and downstream manufacturers as well as the optimal transfer price decision of the processing plant. Moreover, we assess the environmental performance of BPS. Analytical results suggest that the upstream manufacturer’s production quantity and waste disposal decisions and the processing plant’s transfer price decision are threshold dependent on the processing plant’s capacity, whereas the downstream manufacturer's production quantity decision is threshold dependent on the processing plant’s capacity and price of raw materials. BPS is beneficial for all members of the supply chain to increase profit. The production promotion and cost-saving effects ensure that the supply chain members maximize their profit. However, BPS does not always have a positive effect on the environment; when the processing plant’s capacity and price of raw materials are below the threshold, implementing BPS results in a win-win situation of economic and environmental benefits.

Transfer of Land Use Rights in Rural China and Farmers’ Utility: How to Select an Optimal Payment Mode of Land Increment Income

Background: The distribution of farmers’ increment income is the key to the transfer of land use rights. This research aims to detect the optimal payment mode for the distribution of land increment income obtained by farmers in land rights transfer. Methods: The research relied on case analysis, mathematical analysis, and numerical simulation. Results: According to China’s existing payment modes for the increment income of rural collectively owned operating construction land (RCOCL), we summarized these payment modes into three: namely, lump-sum currency payment, a mixed payment of pension and lump-sum currency, and a mixed payment of dividend and lump-sum currency. If the land transfer price of RCOCL is lower than a specific value, the lump-sum currency payment will be optimal for farmers. Suppose the land transfer price is higher than this value. If the enterprise’s profit margin is higher than the pension rate of return, the mixed payment of dividend and lump-sum currency will be optimal; if not, the mixed payment of pension and lump-sum currency will be optimal. Conclusions: Differences in regions, enterprise attributes, and farmers’ characteristics will make the optimal proportion of pension or stock capital in land increment income (OPPSC) different. Generally, OPPSC is often between 40% and 60%.

Centralized or Decentralized Transfer Prices: A Behavioral Approach for Improving Supply Chain Coordination

Problem definition: We study supply chain coordination in a setting with transshipment. We use centralized and decentralized transfer prices as a way to increase supply chain coordination. Academic/practical relevance: The ability to transship can improve channel efficiency by improving the match between supply and demand. We study how human decision makers behave in this setting and provide clear insights to improve coordination. Methodology: We use controlled laboratory experiments with financially incentivized human subjects. We study a broad set of critical ratios under both decentralized and centralized transfer-price settings. In the decentralized transfer-price setting, retailers negotiate a transfer price. In the centralized transfer-price setting, we use two different approaches: theoretical and behavioral transfer price. Both approaches suggest opposite recommendations. Results: Analytically, the optimal transfer price should depend on the critical ratio; but results from the decentralized setting show that participants set prices as if they ignore the critical ratio and instead focus on splitting potential profit from transshipped units in half. However, there is a positive relationship between transfer prices and ordering decisions. Moreover, generalizing the pull-to-center effect, we find that subjects do not place orders that coordinate the supply chain. For the centralized setting, we find that using the theoretical approach does not coordinate ordering decisions and does not improve decisions compared with the decentralized setting. The behavioral approach suggests a transfer price close to product selling price for a high critical ratio and a transfer price below product cost for a low critical ratio. These recommendations lead to coordinating ordering decisions. Managerial implications: We draw two practical conclusions from our research. First, transshipments are unambiguously beneficial, resulting in higher profitability, and, when feasible, should be encouraged. Second, when possible, transfer prices should be set centrally but taking into account subjects’ behavior. Otherwise, price negotiation might lead to better performance.

The Unintended Consequences of Headquarters’ Involvement in Decentralized Transfer Price Negotiations: Experimental Evidence

This study investigates how headquarters’ involvement affects the efficiency of transfer price negotiations. Although prior research explores autonomous transfer price negotiations, evidence suggests that headquarters can become involved in these negotiations, particularly after they fail. Although the likely intention of headquarters’ involvement is to overcome inefficiencies arising from decentralized managers’ inability to agree on a transfer price, we suggest that such involvement can reduce agreement frequency and the efficiency of transfer pricing in coordinating transfers between divisions. Reduced agreement may occur because involvement can reduce managers’ perceived responsibility for the negotiation outcome and because they may expect headquarters’ decision to be more favorable for them than a negotiated price. Headquarters’ involvement can also reduce the coordination efficiency of transfer pricing because of information asymmetries and headquarters’ decision biases in interpreting negotiation failure and using available information. In an experiment, we manipulate whether headquarters’ involvement is absent or present. We also manipulate whether headquarters suggests a nonbinding price (weak involvement) or whether it imposes a price on divisions (strong involvement). Consistent with our predictions, we find that headquarters’ involvement reduces the frequency of negotiation agreement and the coordination efficiency of transfer pricing. Efficiency is reduced more when involvement is strong rather than weak. We contribute to research by studying managers’ negotiation behavior in the realistic setting of potential headquarters’ involvement and by providing evidence on headquarters’ biased perceptions of negotiation impasse and the unintended consequences of its involvement. This paper was accepted by Brian Bushee, accounting.

Driving Factors of the Industrial Land Transfer Price Based on a Geographically Weighted Regression Model: Evidence from a Rural Land System Reform Pilot in China

More and more studies on land transfer prices have been carried out over time. However, the influencing factors of the industrial land transfer price from the perspective of spatial attributes have rarely been explored. Selecting 25 towns as the basic research unit, based on industrial land transfer data, this paper analyzes the influencing factors of the price distribution of industrial land in Dingzhou City, a rural land system reform pilot in China, by using a geographically weighted regression (GWR) model. Eight evaluation factors were selected from five aspects: economy, population, topography, landform, and resource endowment. The results showed that: (1) Compared with the traditional ordinary least squares (OLS) model, the GWR model revealed the spatial differentiation characteristics of the industrial land transfer price in depth. (2) Factors that have a negative correlation with the industrial land transfer price include the proportion of cultivated land area and distance to the city. Factors that have a positive correlation with the industrial land transfer price include the population growth rate, economic growth rate, population density, and number of hospitals per unit area. (3) The results of GWR model analysis showed that the impact of different factors on the various towns of different models had significant spatial differentiation characteristics. This paper will provide a reference for the sustainable use of industrial land in developing countries.