2020 The 4th International Conference on Business and Information Management最新文献

{"title":"M & A Financial Performance Analysis","authors":"Linwan Zhang","doi":"10.1145/3418653.3418670","DOIUrl":"https://doi.org/10.1145/3418653.3418670","url":null,"abstract":"With the deepening of economic globalization and the rapid growth of China's overseas investment scale, in order to quickly introduce foreign advanced technology, well-known brands and effective management experience, more and more mainland Chinese enterprises are engaged in the wave of overseas mergers and acquisitions. Made in China 2025 also provides policy support for overseas mergers and acquisitions. This paper takes the case of Midea Group's acquisition of Toshiba household appliances as a typical case of China's overseas M&A, and studies its post-M&A performance, which has a reference significance for overseas M&A in the same industry. First of all, the paper summarizes the domestic and foreign M&A theoretical achievements from the perspective of the motivation, the process and the effect of M&A, providing a solid theoretical basis for the analysis and evaluation of the following article. Secondly, introduce the case of Midea Group's acquisition of Toshiba home appliances, and use the Event Study to calculate the abnormal returns and the cumulative abnormal returns before and after Midea's acquisition of Toshiba home appliances. It is concluded that the market has a positive expectation for this acquisition. Then the paper uses financial index analysis to evaluate the long-term performance after the M&A. Based on the annual report data of Midea Group from 2013 to 2017, the paper calculates the Midea Group's development ability, profit ability, debt paying ability, operation ability and shareholder profitability before and after the M&A. In the end, the financial performance of the acquisition was evaluated objectively, which inspired us. This paper puts forward some prospects and suggestions for the overseas M&A of China's manufacturing industry, hoping to provide some reference value for the overseas M&A of China's manufacturing enterprises.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"164 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133761506","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":"Application of Integrated Marketing Communication: Integrated Marketing Strategies of the Palace Museum's Cultural and Creative Products under New Media Age","authors":"Jiayi Li, Yu He","doi":"10.1145/3418653.3418676","DOIUrl":"https://doi.org/10.1145/3418653.3418676","url":null,"abstract":"In the new media era when traditional culture and commercial economy integrate with each other, the support of national policies and the sprung-up of Internet information technology have driven a \"cultural and creative fever\" among the museums across the country. In the past five years, cultural relic units have utilized their rich collection resources to develop CACPs that are of both utility and high appreciation value, which not only effectively spreads outstanding traditional cultures, but also increases the economic income of the museums. However, there are still inadequacies in product development and marketing methods in the cultural and creative market nowadays. Firstly, a number of museums are lack of innovation, stuck in selling \"souvenirs\" instead of \"creative products\". Secondly, they fail to establish their own brand image due to inefficient marketing. But the Palace Museum has made great achievements in cultural and creative business, leading the development of CACPs into a new era. Therefore, through literature survey, questionnaire survey and case analysis, this study attempts to analyze the integrated marketing strategies adopted by the Palace Museum in the marketing of its CACPs from the perspective of IMC theory in terms of two levels of integration. This research also attempts to bring implications to other museums with affluent cultural resources, hoping that they can make use of their own cultural IP resources to develop excellent products and create a unique brand image, thus attracting more consumers and better spreading the traditional Chinese culture.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133694175","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":"Assessment of Blockchain-Based Professional Growth Data Processing Model","authors":"V. Stepanova, I. Erins","doi":"10.1145/3418653.3418655","DOIUrl":"https://doi.org/10.1145/3418653.3418655","url":null,"abstract":"Cities invest in information and communication technologies (ICT) and train people to improve and facilitate business and their daily processes. Blockchain is considered one of the most advanced technologies that stimulate the development of smart cities and support digitalization. In the paper, the authors consider a blockchain-based professional growth data processing system, which includes the data on a person's professional development path and essential facts, events, and stages in their life (education, work). The paper aims to introduce the developed model, assess its confidence index and compare it with the existing system used in Latvia","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127802014","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 Internet Finance on Commercial Banks' Personal Wealth Management","authors":"Kang Yu","doi":"10.1145/3418653.3418671","DOIUrl":"https://doi.org/10.1145/3418653.3418671","url":null,"abstract":"With the development of China's economy and society since the 21st century, the residents ' disposable income has increased dramatically, the demand for wealth preservation and appreciation has been constantly increasing, the scale of personal financial services of commercial banks has expanded, and the number of different types of personal financial products has increased. However, with the rapid development of this business, it also shows the shortcomings of high purchase threshold, high transaction cost and complex purchase procedures. The demand of small customers can not be effectively met, the development and popularization of Internet technology, in this context, Internet finance emerged at the historic moment. This paper combines qualitative and quantitative methods, based on the study of relevant literature, analyses the impact of Internet Finance on personal finance business of commercial banks, and puts forward relevant suggestions and opinions according to the analysis results. Firstly, this paper discusses the personal financial services ' development process, product types and characteristics, and theoretically analyses the impact of internal factors such as total assets scale and return on net assets on personal financial services of commercial banks. Then it analyses the Internet finance's definition, development status, competitive advantage and disadvantage, and the impact of various elements of Internet finance, such as the size of Internet financial users, the scale of third-party Internet payment, the Internet financial index and the annual return rate of Internet financial products. Then, 16 listed banks are selected as the research object, and the impact of each factor on the sales scale of individual financial business of commercial banks is empirically analyzed by using econometric regression model. The analysis results show that the scale of third -party Internet payment, the scale of Internet users and the increase of Internet financial index have optimistic influence on the personal financial services of commercial banks. The expansion of the scale of internal total assets and the decrease of the return on net assets will also have the positive impact on the personal financial services of banks, and the annual return on Internet financial products represented by Yu Ebao has formed a certain pressure on the commercial banks ' business, but at the same time, in the fierce market competition, it has brought opportunities for the transformation of commercial banks' personal financial services. Finally, based on the above analysis results, this paper puts forward some suggestions for the development of commercial banks ' personal financial services.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129634429","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":"Comparative Study of Predictive Analytics Algorithms and Tools on Property and Casualty Insurance Solvency Prediction","authors":"Lu Xiong","doi":"10.1145/3418653.3418663","DOIUrl":"https://doi.org/10.1145/3418653.3418663","url":null,"abstract":"The Insurance Regulatory Information System (IRIS) is a collection of 13 financial ratios used primarily by regulators to determine the solvency of an insurance company. Predicting the IRIS values can help companies to stay compliant with the IRIS regulation. Knowing ahead of time, the company can take actions to prevent potential IRIS unusual values and ensure its financial health. In this article, we compare the prediction accuracy and calculation speed of the current mainstream machine learning algorithms and libraries in predicting the IRIS ratios. Based on the best models selected from the comparison of the algorithms, we develop a Shiny R web APP for companies to predict their IRIS ratios for future years.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129096813","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":"Heterogeneous effects of e-commerce over technical efficiency in developing countries: Stochastic Frontier Analysis Approach","authors":"L. Alvarez, Edson Huamaní, Yngrid Coronado","doi":"10.1145/3418653.3418678","DOIUrl":"https://doi.org/10.1145/3418653.3418678","url":null,"abstract":"In developing countries, the business structure usually presents a non-homogeneous environment, between a few large companies and a long tail of unproductive small firms. In Peru, more than 90% of firms are microenterprises, but contribute with less than a third of the private national value added. Moreover, more than 50% of Peruvian enterprises are concentrated in the manufacturing and commerce sector. In this context, despite the positive effects of e-commerce on enterprise efficiency, widely studied in the industrial organization and management literature, only a reduced number of studies delves into the heterogeneity of these effects, particularly according to the firm's size, which is relevant in a polarized business environment. Therefore, the purpose of this study is to evaluate the effect of e-commerce (e-purchases and e-sales) over Peruvian enterprise technical efficiency for the manufacturing industry and wholesale and retail trade sector, considering effects over business size by using a ML Random-Effects Time-Varying Inefficiency Stochastic Frontier model with firm-level survey data collected by the Peruvian National Enterprise Survey (ENE). Our main findings indicate a positive relationship between the fact of carry out e-commerce and enterprise efficiency, but differentiated by business size and economic sector. Whereas e-purchases and e-sales affect positively the efficiency of the entire manufacturing industry, only e-sales reveal a significant effect over wholesale and retail trade sector. Moreover, the effect of e-purchases in the manufacturing industry gets positive and significantly intensify depending on the business size, as well as of e-sales in the wholesale and retail trade sector, revealing a heterogeneous effect of e-commerce over efficiency depending on business size.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130453063","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 Supply Chain Management of Fast Fashion Enterprises","authors":"Liu Zhiyu","doi":"10.1145/3418653.3418660","DOIUrl":"https://doi.org/10.1145/3418653.3418660","url":null,"abstract":"Under the fierce competition of fast fashion clothing brands, many clothing brand companies are unable to meet the market's demand for \"fast parity\" fashion. Frequent product backlogs, increased inventory, and decline in store revenue have occurred. The disadvantages are becoming increasingly prominent. This thesis first analyzes the current status of China's clothing industry from the aspects of production, import and export trade, sales and inventory, and analyzes supply chain management using the local brand of Metersbonwe as a case. At the same time, Zara, a typical fast fashion company research on the characteristics of the supply chain, and put forward specific measures for local apparel companies to further optimize their own supply chains in international competition.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131751613","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":"Organizational Citizenship Behavior and Resonant Leadership, Analyzing Mediation Effect of Employee Resilience in Saudi Arabian Companies","authors":"S. Z. Iqbal, Albandary MOHAMMED ALAMER, H. Gull, Wiem ABDALMONEM BIN KHALEFA","doi":"10.1145/3418653.3418654","DOIUrl":"https://doi.org/10.1145/3418653.3418654","url":null,"abstract":"As the concept of organizational behavior has been introduced several years ago, but its standing in achieving completive advantage for an organization is still of great importance. So, organizations are paying more consideration to positive organizational behavior and its underlying factors that affect organizations. In this paper, we have analyzed the relationship between resonant leadership and organizational behavior and the mediation effect of employee resilience on organizational behavior in companies of Saudi Arabia. This paper is based on a cross-sectional survey in public and private sector organizations in Saudi Arabia. The results suggest that in Saudi Arabian organizations there is a negative relationship between resonant leadership and organizational behavior. On the other hand, they have positive and strong meditation effect of employee resilience.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"98 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132592412","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":"Allocation of Resources in Different Types of PPP Projects based on DEA-Game Model in A Competition Environment","authors":"S. Shan, Yaya Sun","doi":"10.1145/3418653.3418658","DOIUrl":"https://doi.org/10.1145/3418653.3418658","url":null,"abstract":"Reasonable allocation of resources is very critical to successful Public-Private Partnership projects (PPP). Under the pressure of financial shortage in China, public should allocate resources reasonably for various PPP projects to accelerate the project process and alleviate financial problems. The PPP project model has been studied before, however, few studies consider the issue from the aspects of different projects’ competitive demand for public resources and equity appeal. Besides, Data Envelopment Analysis (DEA) is rarely used to evaluate the efficiency of PPP projects. The purpose of this paper is to evaluate the efficiency of various PPP projects, so as to further improve the project efficiency and relieve financial pressure. A new effective model is proposed in this paper. In the case about non-cooperation, DEA method is used to evaluate the efficiency of various PPP projects. Finally, an example is presented to demonstrate the application of this proposed model based on the PPP project of S province. The results reveal that this model can effectively evaluate the efficiency of PPP projects, which is helpful to relieve China’s financial pressure and promote economic development.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"96 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131245302","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 future trend of web celebrity e-commerce live streaming industry","authors":"Ziming Liu","doi":"10.1145/3418653.3418659","DOIUrl":"https://doi.org/10.1145/3418653.3418659","url":null,"abstract":"The outbreak of covid-19 since December 2019, as a short-term accelerator, has helped web celebrity economic e-commerce live broadcast industry enter the public eye. This paper first takes the supply and demand theory framework as the underlying logic to discuss the current situation. From the perspective of policy support, economic support, social development and technological progress, this essay expounds the content of demand side. On the supply side, the historical evolution of web celebrity economic live broadcast industry is detailed. In addition, the author analyzes the industrial chain of the industry at length, and calculates the benefit distribution mechanism of different platforms. Finally, based on the above analysis, this article predicts the future development trend of this industry and puts forward possible risk factors, hoping to come up with feasible suggestions for the development of web celebrity live e-commerce economy.","PeriodicalId":395705,"journal":{"name":"2020 The 4th International Conference on Business and Information Management","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123037641","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}