Jingxiang Su, Xinran Li, Mingchen Zhang, Ziyao Jin
{"title":"Analysis of Regulation Policies in May 2021 on Cryptocurrency Market","authors":"Jingxiang Su, Xinran Li, Mingchen Zhang, Ziyao Jin","doi":"10.1145/3572647.3572673","DOIUrl":"https://doi.org/10.1145/3572647.3572673","url":null,"abstract":"In May 2021, Chinese government issued a series of policies to strengthen the supervision of cryptocurrency market. Based on the principle of event study and combing of Chinese and American cryptocurrency policies, this paper selects May 18 as the event announcement day and constant mean return models are constructed to measure the abnormal returns of top ten market value coins. It is found that the strengthening of regulatory policies had an evidently negative influence on the market. Combined with the analysis of the features of typical cryptocurrencies, this paper figures out that on the whole there is a strong correlation between the abnormal returns of currencies in the cryptocurrency market. At the same time, by analyzing the performance of daily abnormal returns of Bitcoin and Ether in the event window, this study draws a conclusion that investors in that market have patent speculativeness. In addition, complimentary survey on stable coin is also done to verify the overall policy impact, which indicates that the market value fluctuation of stable coin is consistent with the abnormal return changes of the whole market. On this basis, through information query and literature reference, this paper also forecasts the evolution trend of regulatory policies in various countries and the development of the overall cryptocurrency market by period.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134451090","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Organizing and Promoting e-Public Services: Case of Macao E-Government Approach","authors":"Ngai Cheong, Lue Li, Xi Wang","doi":"10.1145/3572647.3572676","DOIUrl":"https://doi.org/10.1145/3572647.3572676","url":null,"abstract":"In order to promote E-Government development, the Macao Special Administrative Region (SAR) government has put forward three five-year outlines of the infrastructure construction of E-Government in 2005, 2007, and 2015, respectively. The purposes of these development outlines were basically centralized approaches (motivations from top management), like \"top-down” structure, to develop the infrastructure construction of E-Government. Therefore, the Macao SAR government has appropriated a large budget for these items. However, the progress of the whole E-Government in Macao is not in accordance with the above-planned outlines mentioned, and the overall situation is not satisfactory to the Macau citizen. The public and many members of the executive council have often expressed dissatisfaction with the overall development of the E-Government. This paper analyzes the reasons for the unsatisfactory of E-Government in Macao, and proposes an effective approach, that is from a centralized structure to a decentralized cluster since it is much more suitable for the development trend of electronic technology, and a better chance to the success, not only beneficial to the development of Macao E-Government but also as well as the experiences of developing E-Government in other countries and regions, which may expand the coverage of E-Government, effectively reducing administrative operating costs and improving operating efficiency.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133809259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
K. Deniswara, Stephen Kusuma, Brian Chouvinsen, Sebastian Prasetya Kresnandita, Veronica Veronica
{"title":"Indonesian Banking Performance: Impact of Intellectual Capital Analysis","authors":"K. Deniswara, Stephen Kusuma, Brian Chouvinsen, Sebastian Prasetya Kresnandita, Veronica Veronica","doi":"10.1145/3572647.3572675","DOIUrl":"https://doi.org/10.1145/3572647.3572675","url":null,"abstract":"The digital banking 4.0 era provides more innovative opportunities for Indonesian banks in providing services to customers as innovation plays a role in answering the rapidly growing competition but changes in consumer behavior require banks to adapt more to digital technology. Thus, this study has the main purpose to measure intellectual capital efficiency and to analyze its association with the return on assets and return of equity as a proxy for profitability and asset turnover as a proxy for the productivity of 24 Indonesian banks between 2016 and 2021. The adjusted value-added intellectual coefficient (A-VAIC) model has been used to measure the hidden value of the firms to make an impact in value creation. Our results show that A-VAIC and one of its components Capital Employed Efficiency (CEE) have significant relationship with ROA, ROE, and ATO. While HCE and INVCE are insignificant for all the financial performance measures.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124487320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Correlation between CBCFI and Carbon Trading Price Mining from An Econometric Perspective","authors":"Jianli Li, Wei Xiao, Yuanyuan Hu, Songlin Li, Xin Tang","doi":"10.1145/3572647.3572683","DOIUrl":"https://doi.org/10.1145/3572647.3572683","url":null,"abstract":"As China's carbon emissions trading market continues to develop, the study of factors affecting carbon trading prices has become increasingly important. Data mining is a kind of analyzing technology of considering from the data itself, carrying on the scientific classification, estimation, prediction, and sequence pattern mining. The mining process is capable to provide good support for decision making. Data mining also has certain applications in carbon trading price analysis. This paper investigates the relationship between carbon trading price and CBCFI based on econometric methods, so as to obtain more accurate data analysis results, and provide more reliable trading strategies for carbon rights trading. Econometrics, a comprehensive discipline combining statistics, computer science and economics, has been widely used in the field of carbon emissions trading and is an excellent choice to study the correlation between China's coastal coal transportation price index and carbon trading prices. We constructed a VAR model using the China Coastal Coal Transportation Price Index and the China Carbon Emissions Trading Market Index to determine the mechanism of the relationship between these two indices. According to the results of this study, there is a one-way Granger causality between the carbon emission trading price and the China carbon market price index. Moreover, a hybrid nonlinear model of VAR and BP was constructed to forecast the CBCFI and carbon trading price, where results indicated the nonlinear combination model work well with both objects.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"53 13","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113936500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Are Financial Excesses Listed Companies Generous in the Audit Fees: Empirical Evidence from China?","authors":"S. Gan, Xiangyu Liu, Tong Wu","doi":"10.1145/3572647.3572697","DOIUrl":"https://doi.org/10.1145/3572647.3572697","url":null,"abstract":"The financial condition of \"no actual borrowing\" is more obvious in Japanese companies, while in China \"no actual borrowing\" is further extended and interpreted as \"Financial excesses\". According to the research findings, the phenomenon of financial excesses is also common in Chinese listed companies. The impact of financial excesses enterprises on audit decision-making is still unclear. This article takes the Shanghai and Shenzhen A-shares from 2010 to 2019 as a sample of financially excesses companies for 10 consecutive years. We use Logit and OLS model to test the hypothesis. Will financial excesses listed companies give priority to the \"big four\" in the selection of accounting firms? Will financial excesses listed companies be generous in the audit fees? The conclusions of this paper are as follows:financial excesses is negatively correlated with the choice of accounting firms. The higher the financial excesses, the more likely the firms are to choose the non-big4 accounting firms. Financial excesses is negatively correlated with the annual audit fee of the enterprise. The higher the financial excesses, the lower the annual audit fee of the enterprise. Our findings have important practical significance and academic value for understanding the relationship between financial excesses and audit decision-making.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127869474","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exploratory Analysis of e-Government Implementations and Blockchain Technology on Document and Identity Verification of Overseas Filipino Workers","authors":"M. Samonte, Ellanie Oray, Karel S. San Juan","doi":"10.1145/3572647.3572680","DOIUrl":"https://doi.org/10.1145/3572647.3572680","url":null,"abstract":"The digitalization of Philippine government agencies has started and progressed significantly in the past years. Most, if not all, government agencies already have an established online services system or web application that serves Filipino citizens across the world. However, the connections between these separate systems can mean that some processes can start online and still be completed via a manual offline process. Simple document verification and certificate generation still usually happen through in-person transactions. This systematic review examines relevant literature on e-government, document verification and identity verification, and blockchain and the challenges involved in verifying a document or identity in different business or government agency settings. Some suggestions are proposed for the future research to decide on a more focused system to digitalize the process of the issuance of a certificate.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126388779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"China's Cross-Border E-Commerce Problems and Solutions from the Perspective of block chain","authors":"Dan Liu","doi":"10.1145/3572647.3572652","DOIUrl":"https://doi.org/10.1145/3572647.3572652","url":null,"abstract":"In order to adapt to the current economic globalization, traditional commerce has been transformed and upgraded, cross-border e-commerce emerged at the historic moment and developed rapidly, which not only promoted the growth of China's foreign trade and national economy, but also promoted the diversification of China's economy.The cross-border logistics, cross-border payment and cross-border quality problems in the development process of cross-border e-commerce have also become the constraints of cross-border e-commerce. In terms of current economic development, relevant block chain technologies have been put into the field of cross-border e-commerce, and scene application has been carried out in the aspects of origin traceability and quality tracking of imported products.Based on the data tamperability, time stamp technology, point to point transmission technology, distributed technology of the block chain technology are further put into use for cross-border e-commerce, which can solve some of the current and future disputes of cross-border e-commerce.In the future,the extensive application of block chain technology will bring more and more perfect rules and regulations of cross-border e-commerce.The advantages of cross-border e-commerce are more and more obvious, which will lead to more and more rapid economic development.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130459705","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Influence of Innovation Resistance and Subjective Norms on the Adoption of Mobile Payment in Taiwan's Traditional Business Districts","authors":"Chi-Chieh Hsieh, I. Chiang","doi":"10.1145/3572647.3572663","DOIUrl":"https://doi.org/10.1145/3572647.3572663","url":null,"abstract":"The popularity of the Internet and smartphones has led to the rapid development of mobile payment. Because of its fast, convenient and contact-free characteristics, it has accelerated the utilization rate of mobile payment in the context of the raging of COVID-19. Even so, merchants in traditional business circles in Taiwan still do not provide mobile payment services. Secondly, most of the current literature on mobile payment is still discussing the usage behavior of consumers, and there are few related researches on merchants. Therefore, this study takes merchants in the Dadaocheng business district of Taipei City as the research object, and explores the influence of subjective norms on the introduction of mobile payment by traditional merchants through one-to-one interviews. The research result is that the handling fee will increase the operating cost, affect the profit of the store, and become the main obstacle to the implementation. However, merchants will pay attention to the use of mobile payment by surrounding stores, and will affect the decision of store A as to whether to install.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133345371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Lenz Baron S. Balita, Kyle Matthew A. Degrano, Andrei Daniel A. Pamoso, Joel C. De Goma
{"title":"Sentiment Analysis on Book Reviews Using Convolutional Neural Network (CNN) Long Short-Term Memory (LSTM) Hybrid","authors":"Lenz Baron S. Balita, Kyle Matthew A. Degrano, Andrei Daniel A. Pamoso, Joel C. De Goma","doi":"10.1145/3572647.3572666","DOIUrl":"https://doi.org/10.1145/3572647.3572666","url":null,"abstract":"Sentiment analysis is one of the most prominent methods on gathering and analyzing insightful textual data from various sources. The information produced from such a method can be imperative in understanding the general public's sentiment on a certain product or service. Over the years, countless sentiment analysis models have already been established using known algorithms such as Naive Bayes, Support Vector Machine, and many more. However, with the advent of novel technologies and neural networking, recent studies have employed Convolutional Neural Network (CNN) and Long Short-Term Memory (LSTM) Recurrent Neural Network together to formulate more efficient and modernized models (Rehman, Malik, Raza, & Ali, 2019). As such, the study proposed a similar model to analyze the sentiments of book user reviews from GoodReads categorized according to three distinct genres – children's, young adults’, and romance. The paper also aimed to determine the viability and effects of amalgamating features such as Word2Vec, POS, and SenticNet to the overall accuracy (Ayutthaya & Pasupa, 2018). Once the model was trained to the procured dataset, the results suggested that combining Word Embedding, POS, and SenticNet features drastically improves its performance in contrast to other tested variations. Amalgamating the three features to a CNN-LSTM hybrid model yielded an F1-score of 90%; whilst other variants with lacking features or a standalone CNN or LSTM model only resulted to F1-scores around 86% below. Graphing the performance of all the constructed models to an ROC curve also indicated the effectiveness of the proposed model – having an AUC value of 0.9588.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133466320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
W. Rey, Patricia Mae S. Gacusan, Ma. Nicole Dominique S. Leynes, Rey Martin A. Destacamento
{"title":"ePondo: A Web-Based Rewards Crowdfunding Platform","authors":"W. Rey, Patricia Mae S. Gacusan, Ma. Nicole Dominique S. Leynes, Rey Martin A. Destacamento","doi":"10.1145/3572647.3572662","DOIUrl":"https://doi.org/10.1145/3572647.3572662","url":null,"abstract":"The rising population of Filipinos under the poverty line is an increasing concern for the Philippines. Furthermore, the government has provided solutions such as 4Ps to attenuate the numbers. Still, there remains improvement and opportunities beyond these that can contribute to the initiative of the government to reduce poverty in the Philippines. This study aims to develop an application and explore how a rewards crowdfunding platform assists low-income and poor Filipino families through cash grant donations from crowdfunding campaigns and income revenue with commission rewards from small job opportunities in the form of services. With the same concept of the 4Ps of providing human capital investment, this study utilizes a rewards crowdfunding platform to crowdfund human capital investments through donations towards campaigns. In addition, incorporating an income revenue with commission rewards process through small job opportunities in the form of services. The study found that ePondo as a tool could generate service earnings income with commission rewards. Moreover, there were no generated campaign donations during this study. Still, users were found to have high positive endorsement support and continuation rate for campaigns and services, showing that ePondo is a high-yield tool that can assist low-income and poor Filipino families in balancing income generation with expenses output for expenses households.","PeriodicalId":118352,"journal":{"name":"Proceedings of the 2022 6th International Conference on E-Business and Internet","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130496561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}