{"title":"The Influencing Factors and Effectiveness of Family Investment Portfolio","authors":"Ziwei Jia","doi":"10.2991/aebmr.k.220307.313","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.313","url":null,"abstract":"In recent years, research on household financial behaviors such as household financial market participation and household asset selection became an important research field. This paper uses the 2013 data of the Chinese Household Finance Survey, using OLS and the ordered Probit model to study the impact of financial knowledge on the diversity of household investment portfolios. It is found that the level of financial knowledge has a significant positive impact on the diversity of household risk asset allocation. The higher the level of financial knowledge, the more inclined to invest in more types of financial products. Further research found that the level of financial knowledge also has a significant impact on the diversity of household stock portfolios. The effectiveness of the household investment portfolio affects the property income, wealth accumulation and social wealth distribution of the household, and will further affect the consumption level of the household. This article introduces the Sharpe rate as a measure of the degree of portfolio optimization and the method of using the Heckman two-step revision model to study the group differences in the effectiveness of household portfolios.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"25 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114041840","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":"Portfolio Diversification across Listed Insurance Companies and Agri-technology Companies in China","authors":"Ziyi Wang","doi":"10.2991/aebmr.k.220307.171","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.171","url":null,"abstract":"I look at how investors can use insurance market stocks to make a profit and reduce risk by increasing their investments in high-tech agricultural types of counter-cyclical industries. By comparing the correlation coefficient between the two companies, the investment target is determined, and then the scatter diagram is drawn to observe the distribution of the random portfolio. Then , the optimal portfolio is obtained by studying the efficient boundary on the scatter diagram and the Sharpe ratio in various special cases. Through these analyses, I found that the portfolio on the effective frontier is the maximum return at the corresponding risk or the minimum risk at the corresponding return. Moreover, investors can determine the best portfolio by calculating the maximum Sharpe ratio, and the portfolio corresponding to the maximum Sharpe ratio is also on the efficient frontier. This research has great significance in real life. It can let people not limited to the pure investment insurance business, but try to hold insurance company shares for a long period to get profit.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114186898","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 Current Situation and Countermeasures of the Development of Xiamen Sports Industry","authors":"Chenxiuping, Liaojianmei, Zhenghui","doi":"10.2991/aebmr.k.220307.540","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.540","url":null,"abstract":"Using the methods of literature, mathematical statistics and expert interview, this paper studies the related problems of promoting the high-quality development of xiamen sports industry. The research shows that The sports manufacturing industry, sports service industry, sports facilities construction, sports competition and performance industry have been developed in different degrees in Xiamen, and the market subjects are increasingly active. The main problems of the development of The sports industry in Xiamen under the impact of COVID-19 are as follows: the modern industrial chain has not been built independently and controllable, the implementation effect of industrial policies needs to be improved, the supply of sports industry professionals is weak, and the entry degree of social capital needs to be improved. Under the normal situation of epidemic prevention and control, the high-quality development of Xiamen sports industry is facing the opportunity of new era, new demand, new technology and new development paradigm. Suggestions are as follows: Optimize the industrial structure and help the industry chain to be controllable independently; Build a new pattern of development with double circulation; To implement the plan of strengthening human resources; To develop and strengthen competitive sports enterprises and improve the level of industrial aggregation; To build regional collaborative growth pole of mutual symbiosis of Xiamen, Zhangzhou and Quanzhou sports industry.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122153317","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":"Construction of Evaluation Index System of Regional Green Innovation Policy Source Ability under the New Development Pattern of “Double-cycle”","authors":"Ruoqing Hu","doi":"10.2991/aebmr.k.220307.246","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.246","url":null,"abstract":"Enhancing the ability of green innovation policy source is the core requirement of high-quality development of the regional economy under the \"double-cycle\" development pattern, and it is the inevitable choice to cope with the changes of the global market environment and overcome difficulties. Accelerate the guidance of green innovation technology, promote scientific and technological innovation and industrial structure upgrading, and give play to the leading role of regional industrial clusters and urban clusters. It is the core value concept to enhance the ability of green innovation. Based on analyzing the connotation of green innovation policy-making ability, this paper analyzes the practical path of improving green innovation policy-making ability from the perspective of input and output and constructs a theoretical evaluation model of regional green innovation policy-making ability. Following the principles of science, rationality, system, comprehensiveness, and easy operation, Finally, a systematic, comprehensive, scientific, and applicable evaluation index system of regional green innovation policy source capability was established by selecting 12 secondary indicators and 40 tertiary indicators from four aspects: basic capability of green innovation policy source, convergence capability of green innovation resources, transformation capability of green innovation achievements and leading capability of green innovation value. This paper provides the evaluation basis for the promotion of regional green innovation policy-making ability through the way of \"promoting construction thorough evaluation\".","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"135 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116721816","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 Effectiveness of Unmanned Aerial Vehicle (UAV) on Farmlands with Artificial Intelligence (AI) System","authors":"Yili Guo, Peizhen Yang","doi":"10.2991/aebmr.k.220307.272","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.272","url":null,"abstract":"As the development of electric technology and artificial intelligence, the utilization of unmanned aerial vehicles gradually increases. Unmanned aerial and artificial intelligence are applied to replace human force and enhance the productivity in many fields including agriculture. In 1950, America began to employ UAV in agriculture. In 2000, America began to extensively utilize UAV to spray pesticide and fertilizer, sow seed, and map. The purpose of this study is to explore the improvement of American agriculture brought by UAV and AI after the use of UAV. This paper demonstrates how technology innovation is indicated in American agriculture and UAV and analyses the benefits brought by technology innovation. The analysis of data in the tables about the income of farmland in America and in China after 1950 is performed. This analysis concludes that with the increasing utilization of UAV in farmland, the income of America agriculture increases exponentially, and with the further development of UAV and the combination of UAV with AI, the productivity of American agriculture further developed. Thus, the technology innovation of UAV is essential to the development of agriculture.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116757864","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":"Economic Cycles and Business Investment","authors":"T. Liu","doi":"10.2991/aebmr.k.220307.007","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.007","url":null,"abstract":"","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129589114","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":"Comparison of the Applicability of CAPM and Fama-French Model in Different Regions","authors":"Yuxuan Xiao","doi":"10.2991/aebmr.k.220307.408","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.408","url":null,"abstract":"Asset pricing has always been a popular topic in economic research. The research on the relationship between risk and the stock expected return has attracted much attention, and many theoretical models have experienced evolution and upgrading. Capital Asset Pricing Model (CAPM), as a single factor model, mainly studies the relationship between the expected return of assets and risky assets in the securities market and evaluates how the equilibrium price is formed. It considers that the main factor affecting the stock return is a non-systematic risk. Afterward, Fama and French proposed the three-factor model. It believed that the coefficient β could not fully explain the differences in the returns of different stocks, and then added the scale factor and book to market ratio factor to improve the explanatory performance of the model. Therefore, the excess returns can be regarded as compensation for the risk factors not reflected by β in CAPM. Based on the application in different countries and regions, this paper compares the two models.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128238275","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 Impact of China’s Demerit Goods Consumption on Profit Growth in the Pharmaceutical Industry","authors":"Jiaqi Zhang","doi":"10.2991/aebmr.k.220307.269","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.269","url":null,"abstract":"The pharmaceutical industry is one of the most critical industries for the health and the sustainability of the human race; moreover, the modernized goods can be much more harmful than people expected, which led to severe health problems for humans. The whole experience adopts empirical analysis on the significant number of data of demerit goods and the pharmaceutical industry, so the astonishing results declare that the pharmaceutical industry could have highly relied on the sales of demerit goods. Therefore, the policy advises is that to help the situation of the medical sector, the government should intervene and, when facing any crises, the industry should pay caution on rapid value plunge. The entire study is undoubtedly contributive to give the Chinese example on the relationship of the sales of demerit goods and the profit earned by the pharmaceutical industry, which could help a massive amount of developing countries make the right decisions.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129019974","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":"Incorporating History into Innovation: A Case Study of LEGO","authors":"Lukuan Zou","doi":"10.2991/aebmr.k.220307.259","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.259","url":null,"abstract":"In the current global economy, innovation is a key factor for a company to survive and grow on the long run. However, few research has looked into the proper application of innovation strategies. In this paper, I propose a 2 by 2 theoretical framework in how to apply the concept of incremental innovations and drastic innovations given good or flawed business fundamentals. This paper aims to demonstrate the theoretical frame by a series of extensive case study discussion of Lego. The case study examples range from consumer responses to new products to organizational changes. This paper contributes to the literatures by building on innovation theories and discussing the application of innovation strategies in a generalized way. This paper contributes to managerial insights by outlining a generalized innovation application framework for managers’ day-to-day decision making.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124658753","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":"Investment Research and Analysis for the Elude Company Based on POCD and SWOT Analysis","authors":"Jiang Han, Z. Li, Hailong Lu","doi":"10.2991/aebmr.k.220307.372","DOIUrl":"https://doi.org/10.2991/aebmr.k.220307.372","url":null,"abstract":"Investment requires significant consideration of diverse elements, especially for a new product or service in the market. Elude company is one company in the travel industry that presented an app to help people identify areas they can visit based on how much the budget. The paper uses different components to help gain a deeper understanding and decide whether or not to invest in Elude Company. The methods used include assessing people, opportunity, external context, and deal (POCD), SWOT analysis, and investment analysis. The findings determined shortcomings in the people element based on POCD. This article also revealed that though the organization’s management is well-equipped with extensive business skills and experience, only a few have skills and knowledge for technological matters. Though external issues like the COVID-19 pandemic may hinder its expansion, proper and efficient marketing approaches will guarantee success. We used SWOT analysis and POCD to evaluate Elude's investment value and demonstrated it through this article with the information we can find. Through our analysis, we can understand the direction, potential, and future situation of the company's funds in the market.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"94 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124732794","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}