{"title":"Research on IPO Underpricing, Trading Volume and Investor Interest","authors":"Yucan Liu, Jing Xue","doi":"10.1109/ICMSS.2010.5578230","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5578230","url":null,"abstract":"With a sample of 245 IPOs of A shares issued listed on Chinese Stock Market during sample period between 2006.6 and 2008.6, the relationship between investor interest and IPOs underpricing are investigated by using the multivariate regression model. Several findings are obtained: the level of pre-issue investor interest is positively related to the initial return; IPOs with greater pre-issue investor interest experienced higher return during the first year of trading; the level of the long-term investor interest is positively related to the initial return. The regression results show that the variable of investor interest can explain the phenomenon of IPOs underpricing well in Chinese Stock Market.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116823946","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":"Building Life Cycle Economic Impacts","authors":"J. Korytárová, V. Hromádka","doi":"10.1109/ICMSS.2010.5577557","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5577557","url":null,"abstract":"The paper deals with economic connections in the complex view of a building life cycle. Approaches for considering individual benefits and costs occurring in connection with building construction, use and demolition are characterized here. The basic approach is the BLCC (Building Life Cycle Costs) method, subsequently supplemented with the LCA (Life Cycle Assessment) method that also provides for environmental impacts. The WLC (Whole Life Costs) method is derived at the end of the paper, comprising all relevant current and future costs and benefits in the building efficiency assessment.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117071924","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 Study of Construction Inherent Defect Insurance Based on Market Supply","authors":"Yanxiang Chen, Xiaojun Liu","doi":"10.1109/ICMSS.2010.5576968","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5576968","url":null,"abstract":"The Inherent Defect Insurance is one kind of commercial insurance and one of the important economic methods to provide protection for the final buyers of the buildings in some developed countries worldwide. The experience of the IDI in other counties indicates that the IDI can reduce the inherent defects of the building and protect the clients free of lost from the inherent defects and damages. According the Legal Status of insurance, there are two kinds of insurance. One is compulsory insurance, the other is non compulsory. The practice of the IDI was carried out in some selected cities in China from 2005. But it did not work well. One of the main reasons is that there are no qualified IDI clauses supplied. In order to make clear of the reason of market supply shortage, the unformatted questionnaire and formatted questionnaire were designed. And an economic model was used to analyze the theoretical reasons of market failure. In view of government regulation, some useful policy suggestions of the development of IDI in China were given.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"53 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129415602","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 Analysis of Market Concentration Rate and Transformation of Business Model in Investment Banking Business","authors":"Fan Wang, Jun Chen, Hong Sun","doi":"10.1109/ICMSS.2010.5577897","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5577897","url":null,"abstract":"Investment Banking Business has the features of high homogeneity and standardization because of capital-intensive and high demand. It has the obvious features of economies of scale industries. This has been proved by the development and the theory researches in the West countries in the past century. Through the development of Investment Banking Business in our country in recent 20 years, the number of securities is increasing and the scale is enlarging. This article analyzes the business scale of Investment Banking Business by suing Market Concentration Rate index, and points out that it is not desirable to increase brokerage scale and economic benefit by merely depending on enlarging the numbers of sales departments. The essential is to transform the business models of Investment Banking Business.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129509152","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 Analysis on the Problems of Third-Party Payment","authors":"Yan Wu","doi":"10.1109/ICMSS.2010.5576566","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5576566","url":null,"abstract":"The construction of the online payment market has been the hot spot of the development of electronic-commerce, and how to improve the electronic payment market to solve the bottleneck of e-commerce payment is the focal point. This paper uses the standardize methods to analyze the problems in the development of the third-party payment and holds that much importance should be attached to risks in the development of third-party payment, and take some measures such as increase supervision, improve the legal system and business and services innovation to promote the development of third-party payment in our country.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129741564","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":"Implicit Multi-Dimension Fit Assessment in Personnel Selection Decision-Making Process","authors":"W. Fan, Lushan Pan","doi":"10.1109/ICMSS.2010.5578125","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5578125","url":null,"abstract":"Personnel assessment and selection is one of the most effective approaches to obtain the organizational competitive advantage. Traditional personnel selection technique based on competency assessment can't satisfy the organizational need, therefore, emphasize the importance of P-J-O fit in selection context. Based on the ASD growth model, this study conduct a semi interview, find out that the construct of the assessment could include five aspects: competency, KSAs, Values, personality and need-supplies.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129827893","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":"Research on the Influence of Organizational Culture on Human Resource Management in China's Transportation Enterprises","authors":"Y. Geng, Daidai Lin","doi":"10.1109/ICMSS.2010.5577655","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5577655","url":null,"abstract":"Organizational culture and human resource management are two basic impetuses that concentrate mainly on human resources and promote the development of enterprises. In this paper, the author briefly introduced the organizational culture and the human resource management in the beginning, and then thoroughly analyzed the impacts of organizational culture on human resource management of the transportation enterprises in China, which mainly consist of guidance, agglomeration, regulation and motivation. Finally, based on the previous studies, several corresponding reasonable and practical policy recommendations are provided for reference.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129847388","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":"Study on the Digital 3D Modeling and Its Application in a Gold & Copper Deposit","authors":"Guoqing Li, N. Hu","doi":"10.1109/ICMSS.2010.5576657","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5576657","url":null,"abstract":"The program of the digital 3D modeling is described through the establishment of the three dimensional model of a gold - copper deposit by using Surpac Vision software. Combined with collar and channel sample data, estimation of the grade of Cu, Au, Fe in the block model was made by Kriging method. The present situation of project and stopes are visually described. Furthermore, the application of this model in grade optimization for multiple deposits could be developed.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128358466","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":"Adaptable Analysis on Storage Mode of Institutional Repositories Based on CC License Agreement","authors":"Pingping Du, Wei Kong","doi":"10.1109/ICMSS.2010.5576979","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5576979","url":null,"abstract":"In this paper , CC (Creative Commons) agreement and accrediting mode of the agreement copyright are described, the impact of CC license agreement on the storage modes of digital media and the accrediting mode are discussed, and the classifications of the storage modes of institutional repositories are defined .There are now such self-storage modes as institutional repositories , discipline storage , individual homepage blog and so on . The constrain storage form also is divided into the constrain self-storage and commitment storage by agreement. At the same time the cause of existing problems of institutional repositories and slow progressing in China are analyzed. For increasing in approbation degree of users to the mode of digital media, a common constructing mode of unconstraint self-storage and constrain self-storage on the CC zero agreement and the open source collaboration mode are put forward , so as to establish the correlative laws and license policy of constrain storage agreement to study many effective storage methods in more favor of implement of the digital media sharing","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"94 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128658858","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 Marketing Moment Theory and Empirical Research Based on Relationship Value","authors":"Jingdong Chen, Long Cheng","doi":"10.1109/ICMSS.2010.5577174","DOIUrl":"https://doi.org/10.1109/ICMSS.2010.5577174","url":null,"abstract":"Under the conditions of mutual benefit and win-win situation, the relationship gradation between the increasingly become increasingly evident, with differentiation as the core of marketing theory in no longer enough to help today's companies to take marketing opportunities. In this paper, Relationship Gradation-centric is the core of understanding relationship value, we proposed the marketing moment theoretical framework based on the relationship value in this based, effectively combined the marketing moment, relationship gradation, relationship fit and relationship value theory, then verified the relationship between them through empirical, improved the theoretical framework, pointed out the new direction to seek marketing moment for modern enterprise.","PeriodicalId":329390,"journal":{"name":"2010 International Conference on Management and Service Science","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128962569","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}