{"title":"Integration of ESG Factors in Portfolio Management: International Trends and Practices","authors":"Ningwei Ma","doi":"10.54097/fbem.v12i2.14778","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14778","url":null,"abstract":"The promotion of the concept of sustainable development has made ESG (Environmental, Social, and Governance) investing a significant trend in today's investment landscape. This article elaborates on the relevant concepts of ESG investing, analyzes the global development of ESG investing, explores the relationship between ESG ratings and company financial and non-financial performance, and suggests the correlation between rating systems and capital costs, employee satisfaction, and more. Based on this foundation, the article discusses the specific application of ESG factors in international portfolio management, including ESG integration methods, portfolio construction strategies, and risk management. Research indicates that the consideration of ESG factors provides a more comprehensive dimension for investment decision-making, emphasizing sustainability in investment portfolios, and offering valuable insights for investors and businesses.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"23 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984297","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":"Reflection and Exploration of Rural Homestead Reform - A Case Study of Ningguo City","authors":"Xuelong Yu, Xiaojian Qin","doi":"10.54097/fbem.v12i2.14776","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14776","url":null,"abstract":"This paper focuses on analyzing the current situation of rural homesteads in Ningguo City, including the widespread issue of idle homesteads and the phenomenon of rural hollowing. Due to the hilly terrain in Ningguo City, rural residents' dwellings are relatively scattered, posing challenges to the construction of the new countryside and increasing management complexity. Through in-depth investigation and analysis, the paper proposes diverse solutions to address these issues: 1. Homestead return and compensation: Promoting methods for returning homesteads and compensating with cultivated land or exchanging homesteads for vouchers to offset urban housing purchases, facilitating the rational use of land and the urbanization process of farmers. 2. Centralized resettlement and nursing homes: Through centralized resettlement, reducing the scattered living of rural residents is conducive to the construction and management of the new countryside. 3. Innovative utilization of homestead resources: Distinctive homesteads with resources such as Qinglong Bay and Fangtang Township in Ningguo City can be leased for the construction of homestays, exhibition halls, and popular tourist spots, promoting regional tourism and cultural industry development. 4. Exchange of rural homesteads for cultivated land: Adopting the form of exchanging one acre of homestead for three acres of cultivated land makes it more acceptable for farmers. This research not only provides specific and feasible solutions for the reform of rural homesteads in Ningguo City but also offers references for other regions facing similar problems, contributing to the broader implementation and success of rural homestead reform.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"28 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984342","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":"Discussion on the Key Factors of Real Estate Bubble Formation in The Process of Urbanization","authors":"Shuning Zhang","doi":"10.54097/fbem.v12i2.14592","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14592","url":null,"abstract":"With the acceleration of global urbanization, the real estate market plays a vital role in urban development. However, the emergence of real estate bubble has become a global problem, which poses a serious threat to economic and social stability. The purpose of this study is to explore the key factors of real estate bubble formation in the process of urbanization, so as to reveal its complex mechanism and influence. It is found that financial factors are one of the main driving forces for the formation of the real estate bubble. Low interest rate policy, loose monetary policy and easy access to credit conditions have stimulated investors' funds to flow into the real estate market, which has led to unreasonable price increases. The relationship between supply and demand also played an important role in the process of bubble formation. In addition, speculation has also played a key role in the real estate market. Investors usually pursue quick profits, but the volatility of the real estate market attracts speculative investment and promotes the unreasonable rise of housing prices. The government's land policy, planning restrictions and development control also have a direct impact on the market, and government policies and measures can affect land supply and real estate market prices. Generally speaking, the formation of real estate bubble in the process of urbanization is a complex phenomenon of multi-factor interaction, and its mechanism involves finance, supply and demand, speculation, policy and external factors. This study is expected to provide powerful theoretical basis and policy suggestions for decision makers to deal with the real estate bubble in the process of urbanization.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"27 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984377","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 Fluctuation Spillover Effect between China's Carbon Market and New Energy Market","authors":"Jiulong Peng, Yuxin Pang, Jun Chen, Shitao Guan","doi":"10.54097/fbem.v12i2.14891","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14891","url":null,"abstract":" This project analyzes the volatility spillover effect of China's carbon market and new energy market, which is crucial to effectively prevent Systematic risk, promote low-carbon transformation of the energy market and ensure stable economic growth. Firstly, based on the spillover index model, we examine the dynamic interdependence between China's carbon market and the new energy market; Secondly, in order to capture market asymmetry, this project decomposes the total volatility into good volatility and bad volatility based on the GJR-GARCH model, and further explores the asymmetric spillover effects between these two types of markets. Finally, the marginal net spillover index (MNS) method is used to explore the main sources and paths of risk transmission in China's carbon market and new energy market under the impact of major events such as the China–United States trade war, the COVID-19 and the Russia-Ukraine conflict. Therefore, this project has important practical significance in promoting the establishment of a national carbon market, low-carbon transformation of the energy system, and improving macro risk prevention measures.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"34 24","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984011","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":"Analysis of Willingness Factors of Digital RMB Acceptance Based on PEST Perspective and TAM-SEM Model","authors":"Yiming Liang, Shuyang Ma","doi":"10.54097/fbem.v12i2.14771","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14771","url":null,"abstract":"In the context of the comprehensive promotion of the pilot work of digital RMB, clarifying the factors that affect the public's acceptance and use of digital RMB is conducive to the in-depth promotion and popularization of digital RMB. Based on the PEST perspective and TAM model theory, a research model on the influencing factors of the acceptance and use of digital RMB was constructed. A questionnaire survey was conducted to obtain 1105 pieces of data, and the structural equation (SEM) model was used to verify the hypothesis and the net effect of variables, exploring the path of the influence of acceptance intention. The results show that the higher the practicality and security of digital RMB, the higher the willingness of the public to use digital RMB; If digital RMB can continue to leverage its advantages of simplicity and convenience, optimizing the relevant payment experience, it will be of great help in increasing the willingness of the public to use it; And the public is more concerned about the feedback service channels for digital RMB; The most influential factor among the willingness to use is the recommendation of others. Based on this, it is proposed to promote the application of digital renminbi by promoting application scenario development and ecological construction, enhancing user stickiness, cultivating citizen digital literacy, improving user experience and effectiveness, strengthening security and legislative supervision, and implementing publicity work.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"25 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984163","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 Economics of Emotion: Unraveling the Idol-Fan Relationship in Digital Culture","authors":"Xiaolei Huang","doi":"10.54097/fbem.v12i2.14881","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14881","url":null,"abstract":"This comprehensive study delves into the \"idol economy\" (IE), a key element in contemporary popular culture marked by intricate socio-economic interactions between media personalities (\"idols\") and their devoted fanbases. It focuses on the entertainment sector, consumer culture, and digital media, examining the impact of the idol economy on societal norms, values, and consumer behavior globally. Central to this research is \"emotional labor,\" a concept by sociologist Arlie Hochschild, highlighting the management and manipulation of emotions to fulfill a role. In the idol economy, this pertains to idols' efforts to nurture relationships with fans and the emotional and mental investment from the fans' side. The study employs a mixed-methods approach, blending quantitative data (surveys, digital analytics) with qualitative insights (interviews, content analysis). Findings indicate a positive link between idols' emotional labor and economic gains, though with diminishing returns. Fans' emotional labor, like social media engagement, is closely tied to their satisfaction. Yet, aesthetic fatigue and intense fan engagement can adversely affect both fan satisfaction and idol earnings, suggesting a need for balanced emotional labor. Qualitatively, the research sheds light on the psychological and social effects on both idols and fans, including the stress of maintaining public images and the dangers of excessive emotional investment. It critically assesses the role of digital media, noting its facilitation of direct interactions and its contribution to emotional labor challenges. The study enriches academic discussions by integrating economic, sociological, and psychological perspectives, offering a comprehensive view of the idol economy. It recognizes limitations like reliance on self-reported data and proposes future research areas, such as longitudinal studies and examinations of new digital platforms. In summary, the paper presents a multifaceted analysis of the idol economy, emphasizing the complex interplay of emotional labor and its implications for idols, fans, and the industry at large. These insights are vital for understanding the evolving relationships between economic incentives, psychological drives, and digital media in contemporary fan cultures.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"23 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984294","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 and Theoretical Review of Equity Incentive Performance of Listed Companies","authors":"Zhiya Shu","doi":"10.54097/fbem.v12i2.14873","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14873","url":null,"abstract":"Equity incentive is an incentive method for listed companies to promote the alignment of key management personnel and enterprise interests, and scientific and reasonable equity incentive methods can promote managers and core employees to better serve the company, promote the formation of a community of interests between shareholders, management and employees of the company, and contribute more to the development of the company. At the same time, due to the serious differences between shareholders and corporate executives in the pursuit of interests, it is difficult to establish a full relationship of trust between shareholders and corporate executives, which seriously affects the enthusiasm of corporate executives and leads to low company performance. In order to avoid similar phenomena, the equity incentive mechanism came into being, becoming an indispensable part of listed companies and an important prerequisite for listed companies to improve their governance structure. In recent years, with the development of the market, China’s listed companies have gradually realized the importance of equity incentives for the development of enterprises, and more and more listed companies have begun to apply the tool of equity incentives. In this field, scholars have also achieved fruitful results in theoretical research and performance analysis of equity incentives. This paper sorts out the literature on equity incentives of listed companies by clarifying the significance of equity incentives for listed companies, the main models and main theories of equity incentives. Based on the existing literature and company data, this paper also theoretically explains the current situation of equity incentives in China from multiple perspectives in combination with relevant theories.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"21 18","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984343","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 Relationship Between Leverage Ratio Change and Economic Growth Rate in That Development of Financial Market","authors":"Shiyu Xing","doi":"10.54097/fbem.v12i2.14590","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14590","url":null,"abstract":"The relationship between the change of leverage ratio and economic growth rate in financial markets has always been the focus of economists, policy makers and market participants. The goal of this paper is to deeply study how the fluctuation of leverage ratio affects the economic growth rate and explore the complex mechanism of this relationship. Based on the previous theoretical research on leverage ratio and economic growth, this paper shows that excessive financial leverage ratio will not only lead to economic decline, but also cause financial turmoil through the Pearson correlation research between financial leverage ratio and economic growth. The change of leverage ratio has an important impact on economic growth, but this impact is diversified and complex. A deep understanding of the relationship between leverage ratio and economy is very important for maintaining the stability of financial markets and sustainable economic growth, especially in the ever-changing global financial environment. This requires the joint efforts of policy makers, regulators and market participants to ensure the effectiveness and sustainability of leverage ratio management.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"27 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984373","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 and Analysis on Promotion Strategies for Retail E-commerce Platforms","authors":"Ziqi Lu","doi":"10.54097/fbem.v12i2.14892","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14892","url":null,"abstract":" Nowadays, under the background of new retail, online e-commerce platform shopping has become the main choice for market participants and consumers to purchase, and merchants use a variety of promotional tactics in an ingenious way. This paper researches and analyzes the retail e-commerce platform market, consumer demand and consumer satisfaction, as well as the Double Eleven promotional strategy and then provides effective suggestions for the development of live marketing for enterprises. During the period of investigation and research, the outbreak of the COVID-19 epidemic had a huge impact on the e-commerce industry. Therefore, this paper investigates and analyzes the development of e-commerce and the new models of promotion in response during the epidemic.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"27 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984379","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":"Independent Directors in Ensuring Good Corporate Governance","authors":"Jiaqi Li","doi":"10.54097/fbem.v12i2.14880","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14880","url":null,"abstract":"This essay primarily analyses the role of independent directors in ensuring good corporate governance. This will begin by analysing the concept of an independent director and the two roles of an independent director in a broad sense. After that, the paper explains why independent directors sometimes fail to achieve the desired results of promoting good corporate governance from two perspectives. In addition to these theoretical analyses, this essay also analyses the practical effects. This essay analyses the practical effects of the independent director system in the UK, the US and India and it analyses what problems independent directors have been used to solve in different countries. In conclusion, this paper argues that factors such as different countries and different corporate structures need to be taken into account when analysing whether independent directors can ensure good corporate governance.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984447","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}