Frontiers in business, economics and management最新文献_第5页

On Risk Management and Response Strategies for Cross border Mergers and Acquisitions of Enterprises 论企业跨国并购的风险管理与应对策略

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14878

Jin Chen, Ying Wang

{"title":"On Risk Management and Response Strategies for Cross border Mergers and Acquisitions of Enterprises","authors":"Jin Chen, Ying Wang","doi":"10.54097/fbem.v12i2.14878","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14878","url":null,"abstract":"Based on the development of cross-border M&A of Chinese enterprises and the status quo of M&A of Chinese enterprises after the \"the Belt and Road\" policy was put forward, this paper proposes the risk factors that Chinese enterprises may encounter in cross-border M&A and lists the risks through the research on the preparatory stage, transaction period in M&A and integration period after M&A. After further describing the current situation of China's aviation enterprise mergers and acquisitions and the potential risks in cross-border mergers and acquisitions, this paper introduces Hainan Airlines Group, and uses the case of Bohai Financial Holding, a subsidiary of Hainan Airlines, acquiring Avolon to analyze the possible risk factors that may arise during the merger and acquisition process, propose risk response measures, and finally explore the risks that Hainan Airlines may face in the merger and acquisition process. This article summarizes the risk factors that may arise when enterprises engage in cross-border mergers and acquisitions. Based on cross-border merger and acquisition cases of aviation enterprises, it briefly describes their experience in handling merger and acquisition risks, summarizes the risk points that Chinese enterprises should pay attention to in cross-border mergers and acquisitions, analyzes risk management strategies, and hopes to provide reference significance and role for future cross-border mergers and acquisitions of Chinese enterprises.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"23 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984660","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}

引用次数: 0

Enterprise Transformation in the Digital Age 数字时代的企业转型

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14774

Murui Yang

{"title":"Enterprise Transformation in the Digital Age","authors":"Murui Yang","doi":"10.54097/fbem.v12i2.14774","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14774","url":null,"abstract":"In recent years, digitization has been applied to varying degrees across different industries. With the advent of the digital era, accounting practices are undergoing significant transformations. This article explores the impact of digital transformation on traditional accounting, emphasizing the role of digital technology in enhancing financial decision-making efficiency, accuracy, and automation. Block chain technology is thoroughly examined to explain how it provides a distributed ledger, enhancing transparency and tamper resistance, and altering transaction execution through smart contracts. However, digital accounting faces a series of challenges, including issues related to data privacy, security, and the need for employee training. The article underscores the new requirements imposed on accounting professionals in the digital age, encompassing technical skills, communication abilities, and innovative thinking. Additionally, sustainable development in accounting practices is being propelled by digital tools, elevating the quality of corporate reporting in environmental, social, and corporate governance aspects. Finally, through in-depth case studies, the article summarizes the experiences and lessons learned by some companies that have successfully navigated the accounting challenges of the digital era. This serves as a valuable reference for other organizations during this transformative period.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"33 24","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138983793","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}

引用次数: 0

Study on the Impact of Financing Constraints on The Marketization Process 融资约束对市场化进程的影响研究

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14769

Yuzheng Liu

{"title":"Study on the Impact of Financing Constraints on The Marketization Process","authors":"Yuzheng Liu","doi":"10.54097/fbem.v12i2.14769","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14769","url":null,"abstract":" In recent years, China has proposed to build a new development pattern with the domestic great cycle as the main body and the domestic and international double cycle promoting each other, and in this context, it explores how to promote the domestic great cycle and build a unified domestic big market from the micro level. This paper selects the data of Chinese A-share listed enterprises from 2011 to 2021 as a sample, studies the relationship between corporate financing constraints and the marketization process, explores the role of the mechanism, puts forward relevant hypotheses and conducts empirical research, and finally conducts the relevant heterogeneity test. It is found that there is a significant negative correlation between corporate financing constraints and the marketization process, in which the characteristics of state-owned enterprises, economically underdeveloped regions, and a higher degree of environmental regulation make the negative relationship stronger, and the conclusion still holds after further testing. The test of the mechanism of action shows that enterprise innovation, enterprise investment and residents' consumption are the three mechanisms through which financing constraints play a role in the marketization process.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"33 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138983800","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}

引用次数: 0

Financing Mechanism Design of Small, Medium and Micro Manufacturing Enterprises with Capital Constraints in Different Life Cycle Stages 不同生命周期阶段资本约束下中小微制造企业的融资机制设计

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14582

Junhong Chen, Yonglong Wang

引用次数: 0

Applying Economic Principles to Improve the Quality of Forestry Carbon Sinks Trading in China 运用经济学原理提高中国林业碳汇交易质量

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14768

Qing Zheng

{"title":"Applying Economic Principles to Improve the Quality of Forestry Carbon Sinks Trading in China","authors":"Qing Zheng","doi":"10.54097/fbem.v12i2.14768","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14768","url":null,"abstract":"The issue of climate change has been continuously concerned by countries around the globe, and with the signing of a series of documents, such as the Paris Agreement, people are gradually realizing that the climate issue is not just an environmental issue, but is also gradually turning into a new way for developed countries to control the world. The core solution to climate warming is to reduce the amount of carbon dioxide in the air. Therefore, China's establishment of the carbon peak and carbon neutral targets shows the importance it attaches to the ecological environment, and at the same time, it also demonstrates the style of a great power and its responsibility. One of the ways to achieve the dual-carbon goal is to trade carbon sinks, especially forestry carbon sinks. By applying relevant economic principles such as externalities and the resource curse, raising the awareness of individual consumers about carbon sinks, allowing enterprises to contract their own forests for carbon compensation, and improving the relevant systems for forestry carbon trading, the quality of carbon trading can be improved and the major obstacles it faces can be overcome.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"32 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138983874","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}

引用次数: 0

The Rapid Rise of Digital Economy and Macroeconomic Stability in China after the Epidemic 数字经济的快速崛起与疫情后中国宏观经济的稳定

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14593

Qingxi Mi

{"title":"The Rapid Rise of Digital Economy and Macroeconomic Stability in China after the Epidemic","authors":"Qingxi Mi","doi":"10.54097/fbem.v12i2.14593","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14593","url":null,"abstract":" In the 21st century, the digital economy has gradually become a new driving force for global economic growth. The COVID-19 pandemic has accelerated this trend, forcing countries to quickly adjust their economic strategies to adapt to the new challenges brought by the epidemic. This article focuses on the rapid rise of China's digital economy after the epidemic and its impact on macroeconomic stability. Firstly, this article defines the digital economy and emphasizes its core characteristics in modern society, such as high automation, low marginal costs, and cross-border integration. Subsequently, the importance of the digital economy in the context of the epidemic was analyzed, especially the key roles of online office, remote healthcare, e-commerce, and other fields in the epidemic. In summary, China's digital economy has not only rapidly risen after the epidemic, but also made significant contributions to the stability of the national economy at the macro level. This development provides useful reference for other countries in dealing with similar crises, and also indicates the key position of the digital economy in the future global economy.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"32 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138983881","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}

引用次数: 0

Research on the Network Equilibrium of Fresh Agricultural Product Supply Chain with Third Party Logistics Participation in Decision Making 第三方物流参与决策的生鲜农产品供应链网络均衡研究

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14597

Jie Chen, Zixi Zhao

{"title":"Research on the Network Equilibrium of Fresh Agricultural Product Supply Chain with Third Party Logistics Participation in Decision Making","authors":"Jie Chen, Zixi Zhao","doi":"10.54097/fbem.v12i2.14597","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14597","url":null,"abstract":"Introducing Third-party logistics into the supply chain of fresh agricultural products can reduce the logistics cost of the supply chain and improve the freshness and quality of fresh agricultural products. Taking the fresh agricultural product supply chain network, which includes three decision-making entities: fresh agricultural product suppliers, 3PL service providers, and retailers, as the research object, a fresh agricultural product supply chain network equilibrium model is constructed using variational inequality theory. The impact of 3PL service providers' logistics service level on their equilibrium transaction volume and overall profit is studied. The research results show that when Third-party logistics is involved in the supply chain of fresh agricultural products, considering the logistics service level of 3PL service providers, with the improvement of service level, the overall profit of the supply chain of fresh agricultural products increases. It is a beneficial attempt to realize the profit of the supply chain of fresh agricultural products to improve the freshness and quality of fresh agricultural products through Third-party logistics; When the logistics service level rises to a certain level, and the service level continues to improve, the overall profit growth of the supply chain decreases. It is necessary to improve the impact of logistics service level on the freshness and quality of fresh agricultural products through other forms.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"28 28","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984067","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}

引用次数: 0

Impact of Global Value Chain Participation on the Performance of Shipbuilding Enterprises 参与全球价值链对造船企业绩效的影响

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14884

Lina Yu, Jiaxin Wei, Wanting Jiang, Tao Wang

{"title":"Impact of Global Value Chain Participation on the Performance of Shipbuilding Enterprises","authors":"Lina Yu, Jiaxin Wei, Wanting Jiang, Tao Wang","doi":"10.54097/fbem.v12i2.14884","DOIUrl":"https://doi.org/10.54097/fbem.v12i2.14884","url":null,"abstract":"In the context of increasingly interconnected production networks, the present study investigates the potential influence of Global Value Chains (GVCs) participation on the operational performance of shipbuilding enterprises. Leveraging extant scholarly contributions, this study quantifies the degree of GVCs involvement exhibited by Chinese shipbuilding enterprises over a five-year temporal span. In addition, robustness tests, endogeneity tests and heterogeneity analyses are conducted to take into account various biases and enterprise heterogeneity. The empirical outcomes of this study unveil noteworthy insights. Firstly, GVCs participation contributes to enterprise performance. Secondly, GVCs participation has different impact mechanisms on enterprises with different ownership and locations. These findings provide recommendations for both how economics can further develop their shipbuilding industries and how enterprises can improve their performance. Enterprises ought to actively engage in GVCs, concurrently strategizing to elevate their standing within such chains through concerted efforts in technological advancements.","PeriodicalId":491607,"journal":{"name":"Frontiers in business, economics and management","volume":"26 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138984093","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}

引用次数: 0

Strategic Financial Risk Management: Implementing the COSO-ERM Framework at ABC Biotech Company 战略财务风险管理：在 ABC 生物技术公司实施 COSO-ERM 框架

Frontiers in business, economics and management Pub Date : 2023-12-06 DOI: 10.54097/fbem.v12i2.14585

Lixia Song

引用次数: 0

Laozi's Construction of Natural Noumenon 老子对自然本体的建构

Frontiers in business, economics and management Pub Date : 2023-10-26 DOI: 10.54097/fbem.v11i3.12936

Tianhao Li

引用次数: 0