Advances in Economics and Management Research

The Impact of Local Financial Pressure on Urban Green Innovation Level

Zihang Chen — Wed, 23 Oct 2024 00:00:00 +0800

Green innovation is an important component of accelerating China's strategic task of building an innovative country, and local finance plays a pillar role in it. This article uses panel data from various cities in China from 2008 to 2019 from the Guotai An database and CNRDS database to explore the impact of local government fiscal pressure on the level of green innovation in cities. The results indicate that local government financial pressure has a restraining effect on the level of urban green innovation, and further horizontal competition between local governments will exacerbate this restraining effect. Meanwhile, the impact of local fiscal pressure on urban green innovation level is heterogeneous. In prefecture level cities and cities with lower innovation preferences, local government fiscal pressure significantly suppresses urban green innovation level, while in sub provincial cities and cities with higher innovation preferences, this impact is not significant. Therefore, from the perspective of the reform of the fiscal transmission system between the central government, local governments, and enterprises, insights are provided to promote the level of urban green innovation.

Study on the Influence of Green Credit on the Optimization of Industrial Structure ——Empirical Analysis Based on the Pearl River Delta region

Xiyuan Luo — Wed, 23 Oct 2024 00:00:00 +0800

Green credit will have a significant impact on the optimization of the industrial structure under the "double carbon" target. This paper first describes the literature review on green credit and industrial structure optimization, then it presents the field's current state of development, employs the two-way fixed effect model to test the relationship between the two empirically, and performs heterogeneity analysis and a robustness test on the model. This paper concludes by offering some countermeasures and recommendations to strengthen the promotion of green credit to industrial structure optimization, advance industrial structure optimization in the Pearl River Delta region through industrial policy guidance, and employ other strategies.

The Promotion of Artificial Intelligence and the Formation of New Quality Productivity

Yi Piao — Wed, 23 Oct 2024 00:00:00 +0800

In the era of the digital economy, the development of artificial intelligence and new productivity have played an important role in promoting macroeconomics. Firstly, this paper introduces the related policies and literature review of artificial intelligence promotion and the formation of new quality productivity, then analyzes the development status and existing problems of artificial intelligence promotion and new quality productivity, and finally puts forward some countermeasures and suggestions on artificial intelligence promotion, including clarifying the independent technical route of artificial intelligence industry in China, intensively building computing centers and opening data sets, promoting industrial application based on the independent technical route of artificial intelligence in China, and paying attention to the cultivation of talents; The countermeasures and suggestions on cultivating new quality productivity include accelerating the emergence of cutting-edge technologies and disruptive technologies, fully releasing the potential of data elements, and building a new quality productivity realization mechanism with deep integration of science and technology, industry and finance.

Can digital transformation curb corporate greenwashing

Jiaheng Li — Wed, 23 Oct 2024 00:00:00 +0800

Enterprise greenwash behavior can have serious negative impacts, so governance of greenwash behavior is crucial. Digital transformation can effectively inhibit corporate greenwash behavior. Based on the data of China's A-share listed companies from 2012 to 2022, this paper explores the effect of digital transformation on corporate greenwash behavior. The study shows that corporate digital transformation can effectively inhibit and improve corporate greenwash behavior, and the conclusion still holds after a series of robustness tests. Further analysis shows that digital transformation improves corporate greenwash behavior by facilitating corporate green transformation. Heterogeneity analysis shows that the inhibitory effect of digital transformation on corporate greenwash behavior is more significant in state-owned enterprises and non-heavily polluted enterprises compared to non-state-owned enterprises and heavily polluted enterprises.

Research and countermeasures of accounting risk control of digital inclusive finance enabling banks

Jinyang Yu — Wed, 23 Oct 2024 00:00:00 +0800

With the rapid development of China's economy and the continuous opening of the financial market, the bank plays an increasingly important role in the economic development. But it also faces a variety of risks, including accounting risks. As an important part of bank accounting risk management, accounting risk has an important impact on the stability of accounting work. This paper introduces the accounting background of digital inclusive finance enabling banks. Under the background of the rise of digital inclusive finance, banks are facing new challenges and opportunities, and they need to make full use of digital technology, strengthen accounting risk control, and ensure the sound operation of the financial system. The theory and significance of accounting risk control are discussed. Digital technology enables bank accounting theory to improve the efficiency and accuracy of bank accounting, while reducing the risk. The aim is to actively explore the development path of digital inclusive finance enabling accounting risk, promote the wide application of digital technology in the development of bank accounting, and make positive contributions to the healthy development of bank accounting and the new stage of bank accounting.

Does Green Credit Promote the Operating Performance of Commercial Banks? — Evidence from 21 Commercial Banks in China

Yiyang Yan — Thu, 24 Oct 2024 00:00:00 +0800

With the proposal of carbon neutrality and peak carbon emissions, under the strong support of the government, the theme of green credit has become a focus. Based on panel data of 21 commercial banks of different sizes from 2011 to 2023, this article employs the individual fixed effects model to empirically analyze the impact of green credit on the operating performance of commercial banks. The empirical results show that green credit business has a significant positive effect on the operating performance of commercial banks. State-owned banks, due to their abundant resources and policy support, exhibit a more significant positive effect in the field of green credit. Large-scale banks have more advantages compared to small-scale banks in the field of green credit. This paper suggests that commercial banks should increase the promotion of green credit, state-owned banks should play a leading role, and the abilities of small and medium-sized banks in green credit should be enhanced. At the same time, the government and regulatory authorities should improve the green credit policy system and promote innovation in green financial products and services to promote the sustainable development of commercial banks and the growth of the green financial market.

The Growth Flywheel of Content Community in B2B Industry: Digital Marketing Strategy and Practice of Lingyishuke

YiChun Weng — Thu, 24 Oct 2024 00:00:00 +0800

As a leading B2B enterprise in China, Lingyishuke has demonstrated excellent practices and strategies in the field of digital marketing. Facing the unique challenges of B2B industry, such as large-scale transactions, long decision-making cycle, high customer acquisition cost and insufficient clue maintenance, Lingyishuke has effectively improved customer conversion rate and brand influence by building a content community marketing system. The core of its strategy lies in the deep integration of the marketing system of "people's goods yard", which maximizes the marketing effect by accurately positioning different people, matching corresponding goods and services, and effectively spreading them in suitable fields. In addition, Lingyishuke also pays attention to the adaptation of content strategies, such as the use of video number matrix and WeChat official account matrix, and the hierarchical operation of private domain traffic to ensure the effective delivery of content and accurate coverage of audiences. Through these strategies, Lingyishuke not only reduced the marketing cost, but also realized the continuous precipitation of private domain traffic, promoted business growth, and the annual revenue exceeded 100 million yuan.

An empirical study on the influence of enterprise financial structure on company value

Qiyu Wang — Thu, 24 Oct 2024 00:00:00 +0800

Based on modern capital structure theory, especially MM theory and pecking order theory, this paper makes an in-depth empirical study on the influence of corporate financial structure on corporate value. Based on the annual report data of 35 listed companies in China in the past five years, this paper analyzes the influence of debt level, ownership structure, company size, profitability and growth on company value by using multiple linear regression model. It is found that there is a significant nonlinear relationship between debt level and company value. Moderate debt financing can enhance company value, but excessive debt level will reduce company value. The concentration of equity has a positive impact on the company value, which shows that the concentration of equity is helpful to improve the efficiency of corporate governance and the speed of decision-making. In addition, company size, profitability and growth also have a significant positive impact on company value. The conclusion of this paper provides empirical support and decision-making basis for enterprises to optimize financial structure and enhance corporate value.

Unveiling the Impact of China’s Carbon Trading Pilot Policy on Corporate Green Innovation: A Time-Varying Difference-in-Differences Analysis

Boyu Che — Thu, 24 Oct 2024 00:00:00 +0800

This study examines the impact of China's carbon trading pilot policy on corporate green innovation. We use a time-varying difference-in-differences approach to consider the possible staggered initiation of carbon trading pilots. We find that carbon trading pilot policy enhances corporate green innovation capabilities through industrial upgrading, expanded innovation investment, and increased foreign direct investment. In addition, state-owned enterprises exhibit a more significant enhancement in green innovation capabilities owing to their unique characteristics and preferential policy advantages. Overall, the industrial, technological, and foreign investment mechanisms constitute the bridges through which carbon trading pilot policy yield the Porter effect.

The Policy Effect of Digital Economy Strategy on the Development of Enterprise Intelligent Manufacturing: Quasi Natural Experiment Based on National Big Data Comprehensive Pilot Zones

Yijing Liu — Thu, 24 Oct 2024 00:00:00 +0800

In the background of digital change, intelligent manufacturing is the focus of enterprises to realize the deep integration of high-quality transformation and digital economy strategy. However, the policy function mechanism of big data business model construction on the development of enterprise intelligent manufacturing is still an unclear issue. This paper takes the establishment of the national big data comprehensive pilot zone as the quasi-natural experiment, based on the sample data of China's A-share listed companies from 2010 to 2020, and uses the multi-stage method to test the policy effect and mechanism of digital economy strategy on the development of enterprise intelligent manufacturing. The study found that the establishment of big data comprehensive pilot zone has a significant positive role in promoting the development of intelligent manufacturing of enterprises, indicating that the digital economy strategy can promote the development of intelligent manufacturing of enterprises, and this research conclusion is still established after a number of robustness tests. Heheterogeneity analysis shows that the digital economy strategy significantly promotes the development of intelligent manufacturing in enterprises with high level of intellectual property protection where enterprises are located. The research conclusion helps to further understand the policy effect of digital economy strategy and gather new momentum for the development of intelligent manufacturing of enterprises.

Middle school mathematics curriculum design and practice path based on core literacy

Wanyi Lu — Thu, 24 Oct 2024 00:00:00 +0800

The research background of core literacy in junior middle school mathematics teaching is based on the needs of current education reform and the pursuit of improving students' comprehensive quality. The practice path of junior middle school mathematics curriculum based on core literacy should focus on improving students' core literacy in mathematics, including mathematical thinking, logical reasoning, mathematical modeling, intuitive imagination and so on. Teachers need to adopt a series of effective teaching strategies and methods, such as emphasizing the clear design of teaching objectives, the innovation of teaching methods, and the effective design of classroom exercises to achieve the goal. At the same time, teachers should fully grasp the connotation of mathematics core literacy, optimize and reform teaching strategies according to the development needs of students, and put the cultivation of mathematics core literacy into practice, so as to promote the comprehensive development of students.

Exploring the Cultural and Commercial Industry in Danzhai County —— Boosting Strategy and Analysis

Lian Duan — Thu, 24 Oct 2024 00:00:00 +0800

On April 24, 2019, the Guizhou Provincial People's Government officially approved Danzhai County to withdraw from the poverty-stricken counties. Through the commercial construction of enterprises and the support of local government, Danzhai County has been upgraded to a national rural tourism demonstration county. Theoretically, the cultural and commercial strategies and economic means currently implemented in Danzhai County play an obvious role in boosting local development, but in practice, the cultural propaganda and high-quality economic development in Danzhai need further study. Therefore, this paper takes Danzhai County's commercial boosting strategy in culture and the social responsibility undertaken by enterprises as the research object, analyzes the promotion of Danzhai cultural business strategy for high-quality economic development, selects Miaozhai Cultural District in Danzhai County as a sample, establishes SWOT, PEST and POTTER FIVE FORCES business model, then puts forward relevant business strategies and suggestions, and selects Danzhai Town which established by Wanda Group and Maotai Group as samples to describe the CSR-related construction carried out by local enterprises. In a broad sense, this paper explores the influence of Danzhai’s cultural and commercial boosting strategy and corporate social responsibility on the sustainable development of the local economy. The results show that: 1) the boosting strategy of the cultural and commercial industry in Danzhai County has made a positive contribution to the sustainable development of the local economy; 2) The cultural and commercial industry boosting projects created by enterprises in performing their corporate social responsibilities in Danzhai have played a significant role in promoting local economic development. Finally, explain the limits.

Research on the Influence of ESG Performance of Commercial Banks on Their Operating Performance

Rongqian Li — Thu, 24 Oct 2024 00:00:00 +0800

Commercial banks' ESG performance will undoubtedly have some bearing on their operational performance under the "double carbon" aim. This study first explains the literature review on the relationship between the operating and ESG performance of commercial banks, then it examines the issues that still need to be resolved and the state of development of both the ESG and operating performance of commercial banks. Finally, it uses the two-way fixed effect model to conduct an empirical analysis of the relationship between the two and discovers a significant positive correlation. Based on this, this paper offers some recommendations and remedies for commercial banks to continue developing ESG development capabilities, strengthening ESG performance, and creating a dedicated ESG risk management department.

The analysis of the advantages of a businessman to use capital for business operations rather than consumption

Xinchen Ma — Thu, 24 Oct 2024 00:00:00 +0800

Whether it is more beneficial for business people to consume or to create wealth through business operations is a question worth discussing. This paper argues that it’s more useful by creating wealth. First, taxes paid by the rich can redistribute wealth and narrow the gap between the rich and the poor. Second, successful business people contribute to employment rates and increase the incomes of the poor while earning money. Third, the pursuit of profit by business people is conducive to enhancing labour productivity, promoting technological progress, and thus improving productivity. Besides, the profit-rising process of successful business people can bring many other benefits. However, tax evasion, family-owned business models, and labour exploitation have prevented the benefits of wealth creation from being maximized. This paper puts forward some corresponding suggestions.

The necessity analysis of accurate news reporting as a public good funded by taxation

Zhixi Ma — Thu, 24 Oct 2024 00:00:00 +0800

Accurate news reporting is very critical to people. However, due to the non-competitive and non-exclusive nature of news products, the price individuals are willing to pay for news is often very low, thus weakening the profit incentive for the media to produce accurate news, namely the market failure. Government funding for media is a viable solution. And it has many benefits. For example, it ensures the adequate supply and sufficient accuracy of news reports. The potential risk of excessive government interference in media coverage can be reduced through public scrutiny, which is analyzed by game theory in the essay.

Technological progress and unemployment

Haoyan Shi — Thu, 24 Oct 2024 00:00:00 +0800

With the continuous advancement of technology, more and more traditional positions are disappearing. This phenomenon is receiving increasing attention. Based on the above concerns, this article analyzes the impact of high-tech technological progress represented by artificial intelligence and automation technology on the labor market from the perspectives of skill biased technological change (SBTC) and labor market polarization theory. The study found that factors such as the pace of technological progress, labor retraining, employment policies, the speed of economic development, and social attitudes all have an impact on unemployment caused by technological progress. Based on the analysis of the above factors, this article proposes targeted suggestions to address possible unemployment.

Should I be held responsible for what I believe：A Comprehensive Analysis Based on Free Will and Determinism

Zixin Wang — Thu, 24 Oct 2024 00:00:00 +0800

Personal belief in responsibility has triggered extensive philosophical and moral discussions in contemporary society. The question, “Should I be responsible for what I believe?” is related to the core of two philosophy theories: free will and determinism. This theoretical discussion profoundly affects the judgment criteria of law, morality, and personal behavior. In order to better analyze this problem, this paper discusses each of the four cases and argues that there will be different answers to this question in different cases. Comprehensively, this article emphasizes that individuals should consider the rationality and universality of things before generating ideas and making corresponding behaviors, and avoid behaviors that are harmful to individuals or others as much as possible. People should be responsible for their beliefs and behaviors, especially when the behaviors will impact other people.

X-Junior Hyper Banks: A new solution to the difficulty of charging

Junyao Xu, Hela Zhou, Hongjie Shan, Bochen Yao — Thu, 24 Oct 2024 00:00:00 +0800

The power bank has become an important tool in people's daily life, but the existing power bank still has some defects. Therefore, the existing power bank must be improved to better meet people's needs. To adequately solve this problem, this paper proposes a new solution, X-Junior Hyper Banks. This scheme not only has strong practical value but also holds broad commercial prospects in the future. This study conducts an in-depth analysis of the operational model and commercial applications of X-Junior Super Bank, providing a reference for improving the use of existing mobile banking services.

Analysis of the causes of the phenomenon of low fertility in developed economies and research on countermeasures

TinNgo Deng — Thu, 24 Oct 2024 00:00:00 +0800

This paper aims to explore the relationship between social welfare policy and fertility rate in developed economies, and make an in-depth analysis based on the combination of empirical analysis and comparative research. The study selected several developed economies as samples, and made an empirical analysis by using multiple regression models through collecting and processing relevant data. The results show that social welfare policy has a significant positive impact on the fertility rate, that is, the perfection and implementation of social welfare policy can promote the fertility rate to a certain extent. This conclusion is of great significance for understanding the influence mechanism of social welfare policy on fertility rate. Based on the research results, this paper puts forward some suggestions for the adjustment of social welfare policies in developed economies and strategies to promote the balanced development of fertility rate. These suggestions not only provide an empirical basis for the government to formulate and adjust social welfare policies, but also provide a new perspective and method for the academic community to deeply study the relationship between social welfare policies and fertility rates.

Analysis of Netease's Profitability under the Background of Technological Innovation and Transformation

Meng Du — Thu, 24 Oct 2024 00:00:00 +0800

With the continuous improvement and rapid development of Internet technology, its influence has penetrated into all walks of life, profoundly changing the traditional trading mode and business strategy of enterprises. In China, the business scope of Internet companies covers a wide range of fields such as business transactions, information acquisition, communication, online entertainment and security services. Among them, Netease takes its online entertainment business as the core, and at the same time maintains a leading position in the internet application development and service provision. As a leader in China's Internet industry, Netease has achieved stable and sustained profits by virtue of its core competitiveness in a highly competitive market environment. In-depth discussion of Netease's profitability will not only help to reveal the business strategy and management mechanism behind its success, but also provide valuable reference for the entire Internet industry.

Optimal Global Population Analysis Based on Solow Growth Model

Xiya Ai — Thu, 24 Oct 2024 00:00:00 +0800

Over the past century, the global population has increased dramatically, reaching around eight billion people. There has been a decrease in population growth rates in both developed and developing countries in recent years. Scholars have worked hard to calculate the optimal proportion of the global population, but the results vary widely among different scholars. This paper examines the global optimal population using a Lagrange Multiplier Optimization model based on the Solow exogenous growth model and utility maximization theory. Finally, the results showed that as opportunity costs of using capital and consumption prices decrease, marginal costs of living increase, thereby limiting population growth. When exogenous resources and autonomous growth factors increase, marginal benefits increase, thereby stimulating population growth. This essay aims to provide new perspectives for estimating the global population using the Lagrange Multiplier method and to determine the factors that affect population change. It is shown in this paper that, in the long run, society tends to have a rate of zero population growth until the improvements in technology and production exceed the carrying capacity of the environment.

The Dual Nature of Successful Business Activities: A Critical Analysis Based on Utilitarianism and Altruism

Yulin Jin — Thu, 24 Oct 2024 00:00:00 +0800

Contemporary economic development research shows that the activities of successful business people have both positive effects on individuals and society, such as creating jobs, promoting economic growth and engaging in philanthropy, and adverse effects, such as moral dilemmas and excessive consumption of resources. This paper uses Bentham's concepts of utilitarianism and altruism to analyze this phenomenon. Utilitarianism emphasizes profit maximization and believes that business people tend to give priority to their interests. Altruism, on the other hand, puts the welfare of others first. This paper points out that although successful entrepreneurs may engage in seemingly altruistic behaviours, there are often more self-interested motives behind these behaviours. Business people may benefit third parties through activities such as education, employment, and environmental protection. Still, the ultimate principle of these actions is usually to maximize personal or corporate interests rather than purely social welfare. Thus, the view that businesspeople will put society first when using resources may overlook the contradiction between individual gain and unintended but positive effects on others.

Successful Business people May benefit others

Fangyu Liu — Thu, 24 Oct 2024 00:00:00 +0800

With the widening gap between the rich and the poor, more successful business people have gained huge wealth. When people are shocked by their great wealth, they often wonder whether they contribute enough to society. In order to analyze this problem, this paper first analyzes several cases and expounds on the business mechanism behind the cases based on these cases. After analysis, the paper concludes that successful business people's actions, whether they make money or spend money, are not always beneficial to others. However, sometimes, the behavior of successful business people can be helpful to others, whether it is spending money or making money. Even if sometimes it is unintentional.

Factors affecting the optimal global population

Yuxuan Li — Sat, 26 Oct 2024 00:00:00 +0800

Against the backdrop of global population growth, this article explores the relevant issues of the optimal global population based on the analytical frameworks of average utilitarianism and total utilitarianism. This article analyzes the factors that affect the optimal population by combining specific data, events, processes, and methods. This includes the relationship between population growth and economic growth, social stability, and the impact of social norms, institutions, and policies on population policies. It is difficult to determine a globally recognized optimal population size under the influence of multiple factors. However, population stability can be achieved through rational use of resources, technological exploration, and inclusive economic growth. To achieve population stability, it is necessary to strengthen resource management, technological innovation, and international cooperation while respecting individual rights and avoiding the use of coercive policies.

Do successful business people benefit others

Jiajun Liu — Sat, 26 Oct 2024 00:00:00 +0800

"Successful business" people are those who have achieved many economic changes that have impacted their business and have embraced many innovations, efficient management, and market strategies in their business. The topic discussed in this article focuses on whether Successful Business People Benefit Others. If it is beneficial, it is their spending or earning that benefits others. "Benefit others" means that these people are helpful to society because they provide goods and services, provide employment, donate to charitable organizations, and advocate for change. Although a fraction of entrepreneurs may provide low-quality goods, exploit employees, and bribe officials, this essay argues that successful business people benefit others when making and spending money. From the perspective of making money, successful business people provide goods and services and create job opportunities. From the spending standpoint, they also contribute to society through charity activities, innovation, and the trickle-down effect.

The Impact of Football Clubs on Urban Economic Development: Evidence from China

Zongheng Shi — Sat, 26 Oct 2024 00:00:00 +0800

In this paper, the author uses the research approach of bibliography, mathematical statistics, and expert interviews and selects the relevant economic indicators that measure the level of urban economic development, then carries on the regression analysis with the data of Chinese Super League club's athletic performance and the audience number. The clubs of CSL are mainly concentrated in economically developed cities, where the city mostly municipalities and provincial capitals. There is a significant positive correlation between the competitive performance of the club and the per capita GDP of the city, the per capita consumption expenditure of urban residents, the per capita disposable income of urban residents, the regional GDP, and the savings deposits of urban and rural residents. There are significant positive correlations between fan attendance and the regional GDP and the balance of savings deposits between urban and rural residents but with the per capita GDP, per capita consumption expenditure of urban residents, per capita disposable urban residents Income, and urban residents Engel coefficient and no significant correlation.

The Main Driving Factors of Optimal Global Population

Junyui Tan — Sat, 26 Oct 2024 00:00:00 +0800

With the global population surpassing 8 billion, defining the optimal population size has never been more critical or complex. Carrying capacity and optimal population theory is crucial in understanding the relationship between population size and available resources. As illustrated in ecological economics, the theoretical concept of carrying capacity is that there is a maximum population size that the environment can sustain without degradation forever. On the other hand, optimum population theory posits that an optimum population size maximizes per capita income and welfare by striking a balance between the benefits of a larger workforce and market size against the costs of overpopulation. This article delves into the definition and influencing factors of the optimal global population, emphasizing the key roles of economic stability, resource allocation, and social welfare in defining the optimal population through multidimensional analysis of labor dynamics, population changes, technological development, and social security systems in China and India. At the same time, this article points out the limitations of existing research and proposes suggestions for future research and policy-making.

Global population growth and sustainability of the Economic Environment: The search for optimal population size

Zinuo Zhang — Sat, 26 Oct 2024 00:00:00 +0800

The substantial population growth in recent years has stimulated economic expansion and technological innovation and provided opportunities for labour force increase and market expansion, generating a "demographic dividend", but at the same time, it has put a burden on ecological resources, which is not conducive to sustainable development. This paper argues that there is an optimal global population that can provide enough labour and market size to drive sustained economic growth while ensuring the well-being of future generations. Specifically, this paper determines the optimal population by comparing the marginal benefit (MB) and marginal cost (MC) generated by the additional population. It explores the virtuous cycle between population growth and economic development. The results show that better resource management and ecological protection measures are needed to ensure sustained economic growth and optimal population size and achieve long-term sustainable development.

Factors affecting the optimal global population

Zihao Gao — Sat, 26 Oct 2024 00:00:00 +0800

The world population soared dramatically in the contemporary era, reaching approximately 8 billion in 2024. People wonder what the optimal global population should be as the population grows. The conception of an optimal global population is diverse and controversial. This paper does not insist on calculating the optimal global population but attempts to analyze the relevant factors affecting the optimal global population. Specifically, this paper first analyzes the benefits and disadvantages that may arise from the increase in population size. It then further analyzes the factors that may affect the optimal global population from the perspective of population quality. Finally, based on the analysis, it is concluded that the quality and structure of the population are important factors affecting the optimal global population.

Research on the Path of Entrepreneurs Creating Social Welfare: A Discussion Based on Making and Spending Money

Xinyi Huang — Sat, 26 Oct 2024 00:00:00 +0800

Successful business people not only earn profits but also use the wealth they obtain to provide employment opportunities for society, promote technological innovation, and promote economic growth, thereby creating great wealth for society. Based on the Theory of Public Goods and the Theory of Stakeholders, from the perspective of making money and spending money, this paper analyzes the ways entrepreneurs benefit society from the aspects of economic and social contributions, as well as direct and indirect contributions, and criticizes and refutes them. Overall, the contribution of successful business people to social welfare, technological innovation, and employment opportunities through philanthropy, corporate social responsibility, and ethical business practices is conducive to the high-quality development of society. Finally, this paper also envisages future research.

Research on the Influence of the “New Income Standards” on the Quality of Accounting Information —— Empirical Analysis Based on Continuous Difference-in-differences Method

Jiaxin Tu — Sat, 26 Oct 2024 00:00:00 +0800

As one of the six elements of accounting, income is an important factor affecting the decision-making of stakeholders, and the implementation effect of the “new income standards” has become the focus of scholars’ attention. This paper empirically tests the relationship between the “new income standards” and the quality of accounting information by taking the listed companies in Shanghai and Shenzhen A-shares in 2012-2022 as samples. The results show that the “new income standards” can significantly and positively affect the quality of accounting information of enterprises. At the same time, the degree of corporate financing constraints plays a regulatory role between the “new income standards” and the quality of accounting information. In the samples with different property rights and whether they are high-tech enterprises, the “new income standards” have different effects on the quality of accounting information. In this paper, the “new income standards” and the quality of accounting information are brought into the same analytical framework, which expands the existing research and puts forward corresponding suggestions and prospects.

Research on the Impact of Successful Entrepreneurs on Social Equity and Efficiency: Based on the Discussion of Consumption and Wealth Creation Processes

Ruitong Yang — Sat, 26 Oct 2024 00:00:00 +0800

In recent years, the economic downturn and the impact of the COVID-19 pandemic have widened social inequality, deepened government debt, and caused unrest, which is not conducive to the balance between social equity and efficiency and is not conducive to society's long-term stability. Successful businessmen are often considered essential in driving technological innovation and stimulating economic and social development. This paper delves into whether successful businessmen in the consumption and wealth creation process can contribute to economic recovery, restore market confidence, promote technological innovation, and stimulate employment and economic growth. The analysis shows that both the entrepreneurial activities and consumption of successful entrepreneurs can benefit society, and society should recognize the achievements of successful entrepreneurs and not demonize money. Finally, this paper also provides policy recommendations for the government to report on the cases of successful entrepreneurs, encourage businessmen to invest, and adopt measures for equitable development.

The Role of Virtual Influencers in Brand Image Management: A Case Study of the Fashion Industry

Yunyan Si — Sat, 26 Oct 2024 00:00:00 +0800

This paper explores the increasingly significant role of virtual influencers in brand image management, particularly within the fashion industry. Virtual influencers, crafted using artificial intelligence and computer-generated imagery, provide brands with innovative methods for engagement and promotion. Through an in-depth analysis of the virtual influencer Lil Miquela, the study examines the impact on brand visibility, consumer interaction, and overall market performance. The paper discusses the benefits of virtual influencers, such as maintaining consistent branding and reducing costs, while also addressing challenges like authenticity and ethical concerns. The study concludes by proposing future research directions, including the potential of augmented reality technologies and the need for ethical standards in the use of virtual influencers. This comprehensive analysis underscores the transformative potential of virtual influencers in reshaping modern digital marketing strategies.

Do successful business person benefit others: an analysis based on externalities

Chenyu Hao — Sat, 26 Oct 2024 00:00:00 +0800

There is a huge controversy over whether the economic activities of successful business people are beneficial or detrimental to others. Some researchers believe that successful business people often expend huge resources on personal consumption, and their existence is not conducive to the development of society. However, some researchers believe that the existence of successful business people can greatly promote the development of social productivity, and the benefits of their efforts in industry development generally outweigh the potential drawbacks. Therefore, in order to better distinguish this issue, this article critically analyzes the impact of successful business people's consumption and earnings on society based on the theory of positive and negative externalities. From a positive perspective, business people invest in the education of their employees, which can enhance their abilities, improve their mental health and overall quality, and ultimately reduce crime rates. Moreover, education can promote cultural diversity and then contribute to society's innovative progress. Furthermore, successful business people's investment in medical fields and healthcare benefits individuals' physical and mental well-being. However, the investments of these businessmen also demonstrate noteworthy negative impacts on others and society. However, the investments of these businessmen have also had noteworthy negative impacts on others and society. For example, environmental pollution and food safety issues. In conclusion, the economic activities of successful business people are a double-edged sword. It is important to acquire a more profound understanding of their potential negative impacts and endeavor to minimize harm to others and society while advancing ventures and societal improvements.

Research on the Development Mechanism and Economic Impact of China's Robot Industry and Manufacturing Industry

Ruiyu Wu — Sat, 26 Oct 2024 00:00:00 +0800

In recent years, China's demographic dividend has declined and the aging of the population has deepened. As the labor force declines, socioeconomic growth is bound to suffer. The rapid development of industrial robots in recent years has brought hope to China's economy. This paper uses PEST model and other data to study the impact of China's industrial robots on China's manufacturing industry and even China's economy, as well as the support and acceptance of the Chinese government and society for the robot industry. In addition, this paper also studies the technological progress of China's industrial robots in recent years and the prevalence of machine substitutes under the COVID. China's industrial robots have a positive impact on China's manufacturing industry and China's economy. Machines and human-computer interaction have solved the problems brought by the decline of demographic dividend.

Research on gender equality in sports events

Zhixing Fan — Sat, 26 Oct 2024 00:00:00 +0800

The Chinese women's national football team has achieved remarkable achievements since its first participation in the Asian Cup in 1986, including seven consecutive championships, which have positively enhanced the country's self-confidence and welcomed the 2008 Beijing Olympic Games. However, these achievements stand in stark contrast to the high level of human trafficking in Chinese society, where the majority of victims are women and children, highlighting the contradiction between the honour that women receive in sports and the discrimination they suffer in society. This paper explores the dual role of sport as a symbol of women's independence and social identity, the symbolic significance of sport as a cultural phenomenon, and how sport reflects and reinforces social hierarchy and class differences. At the same time, this paper points out the role of sporting events in power relations and how sports can be used to create and maintain a false class consciousness of social elites. Finally, the article highlights the importance of feminism in sports, calling on women to strive for equal participation in sports and continue to fight for gender equality and their rights in the broader social context.

Can FinTech Influence Corporate Innovation: Evidence from Chinese Listed Companies

Liquan Pan — Sat, 26 Oct 2024 00:00:00 +0800

With the wide deployment of the 5G network, the new generation of information technology, such as artificial intelligence, blockchain, big data, etc., is penetrating the financial field. The impact of FinTech on the innovation of China’s enterprises is getting bigger. In this way, accelerating the development of FinTech and relying on financial tools to promote enterprises to reduce cost and increase efficiency has become an important strategic means. This paper takes Chinese A-share listed companies in Shanghai and Shenzhen from 2012 to 2022 as samples to explore the impact of FinTech on corporate innovation and analyze the effects of property rights heterogeneity and regional heterogeneity. In addition, this paper further analyzes the moderating effects of corporate internal control and the degree of financing constraints on the impact of FinTech on corporate innovation. The results of the study show that, all other things being equal, FinTech can positively influence corporate innovation. Heterogeneity analysis shows that FinTech can promote corporate innovation more significantly in state-owned enterprises than in private ones. The positive effect of FinTech on corporate innovation is more obvious in the eastern region than in other regions. Furthermore, internal control can enhance the promotion effect of FinTech on corporate innovation, while financing constraints weaken the effect

Spatiotemporal evolution and driving factors of carbon emission intensity from urban land use in China

Peijie Liu — Sat, 26 Oct 2024 00:00:00 +0800

The analysis of spatial differentiation and driving factors of urban land use carbon intensity in China can provide scientific theoretical basis and empirical support for urban control of land use carbon intensity. Based on the calculation of land use carbon intensity of 284 cities at or above the prefecture level in China from 2006 to 2021, this paper uses exploratory spatio-temporal data analysis to investigate the spatio-temporal evolution of urban carbon intensity in China, and introduces a multi-scale geographical weighted regression model to explore the spatial heterogeneity of its driving factors. The results showed that: (1) the carbon emission intensity of cities in China and the three regions showed a decreasing trend over time, and the spatial and temporal distribution of cities had a strong spatial positive correlation. (2) In terms of local spatial structure and dependence of carbon emission intensity, the volatility of cities in central and western regions is higher, while cities in eastern regions are relatively more stable; In the spatial pattern, there are some characteristics of transfer inertia and locking. (3) The main driving factors of carbon reduction effect at different spatial and temporal scales are different, and there is a certain spatial heterogeneity. This study comprehensively discussed the temporal and spatial transition, convergence trend and driving factors of urban land carbon emission intensity in China, attempting to provide a reference for differentiated emission reduction strategies for cities, which is of great significance for the transformation of cities from "dual control of energy consumption" to "dual control of carbon emission" and the green transformation of economic and social structure.

Enterprise digital transformation and green technology innovation——Based on the data analysis of China's A-share listed companies from 2010 to 2023

Sihao Song — Sat, 26 Oct 2024 00:00:00 +0800

Based on the data of China's A-share listed enterprises in 2010- -2023, this study empirically analyzes the impact of the digital transformation of enterprises on green and sustainable innovation. The research results show that the digital transformation of enterprises can significantly promote the green technology innovation, and this research result remains stable after the heterogeneity and robustness test. Mechanism analysis shows that the digital transformation of enterprises can further promote green technology innovation through improving the quality of information disclosure and optimizing the human capital structure. Heterogeneity analysis shows that the digital transformation of enterprises on green technology innovation is more significant in non-state-owned enterprises; light pollution enterprises also show more obvious advantages in this process.

Study on Chinese High School Students Career Planning and Career Choice Influencing Factors - Career Anchor Perspective

Chunke Wu — Sat, 26 Oct 2024 00:00:00 +0800

The career anchor theory is one of the important theories in modern human resource management. Carrying out career anchor assessments effectively and conducting career education for high school students based on the career anchor theory is not only beneficial for the career positioning and choices of high school students,but also helpful in the effective implementation of career education work. In recent years, the issue of high school students' employment has become a focus of social concern, making it increasingly difficult to find a suitable career truly. Therefore, in guiding on student employment, more emphasis should be placed on educating high school students on career values. Helping high school students find the right career, positioning their career anchors well, and establishing a scientific career outlook is key. The career anchor theory proposed by the renowned American career guidance expert Edgar H. Schein provides theoretical guidance for the career positioning and choices of high school students. Therefore, this study uses Schein's career anchor theory as the research perspective and main theoretical support, selecting high school students as the research subjects, and applying the career anchor theory to the study of high school students' career values through empirical analysis. This paper adopts a research model combining "point" and "surface". The basic analysis of the contemporary high school student’s career outlook belongs to the "surface" category of universal discussion. Based on this, a survey was conducted on the career values of high school students in Chongqing through questionnaire surveys, and the career anchors of high school students were tested, which belongs to the "point" category of particular analysis. The study indicates that high school student’s career choices overall exhibit ambiguity in career direction and oscillation, highlighting the urgent need for guidance on career anchors focusing on career positioning. Therefore, this paper proposes to identify career anchors among high school students, determine career anchor types using career anchor assessment methods, utilize the career anchor theory to establish an adaptable career outlook, and hopes that the career anchor theory can play a positive role in the career education of high school students and help them establish a scientific career outlook.

Reach the world and benefit the world at the same time -- based on the business people's trickle-down theory

Keyan Li — Sat, 26 Oct 2024 00:00:00 +0800

This paper uses economic models and trickle-down theory to show that successful business people benefit others when they make and spend money. It is manifested in four aspects: 1. Businessmen promote material production and the economic cycle. On the one hand, business people provide jobs for workers to obtain labor remuneration; on the other hand, they can produce goods and services that consumers need so that employees can use their wages to buy necessities to meet their needs in life. 2. Tax paid by business people is redistributed to low-income groups through transfer payments and investment in infrastructure construction, which is conducive to improving social welfare and economic growth. 3. Businessmen generate positive externalities by investing in technological innovation to stimulate progress in various fields. 4. Some wealthy people also realize personal value by giving to help others financially. In other words, successful businesspeople benefit others when they make and spend money. It is important to acknowledge that while successful business people help others, there are potential downsides, such as market forces, tax evasion, and consumption of bad goods. Therefore, it is necessary to establish a well-regulated and fair tax system that applies the "nudge" theory to encourage socially responsible behavior by successful businessmen to maximize their contribution to society while reducing potential harm.

Successful businessmen are more than "self-interested" - case studies and theoretical studies based on four dimensions

Xinyi Zhou — Sat, 26 Oct 2024 00:00:00 +0800

This paper explores how successful business people consume and make money through case studies of four dimensions, specifically: 1. Making money does not benefit others, but spending cash benefits others; Making money is good for others, but spending money is bad for others; 3. Facilitate the creation and expenditure of funds by social pairs; 4. Successful business people make and spend money in situations where they do not benefit others. This paper concludes that successful business people can greatly benefit others through the way they make and spend their money, specifically by investing in philanthropy, investing in new businesses, and investing in sustainable development. The behavioral reason behind it is the interweaving and promotion of altruism and egoism. However, the actual impact depends on the interaction between individuals, businesses, and the social environment because it is necessary to formulate reasonable incentive policies and social norms so that there is a positive interaction and cycle between successful business people and society and increase the social benefits that can be realized.

A Study on Customer Satisfaction of College Canteens: A Case Study of Jie Yang Campus of Guangdong University of Technology

QiQi Tang — Sat, 26 Oct 2024 00:00:00 +0800

College catering is a crucial component of university life, required to meet students' basic dietary needs, contribute to their emotional well-being, and support their academic progress. However, providing high-quality services to college students has become increasingly challenging in the modern era. Therefore, understanding the unique needs and preferences of this demographic is essential for improving overall satisfaction with campus dining services and fostering the sustainable development of college cafeterias. This study aims to investigate the factors influencing customer satisfaction in college cafeterias, analyze their impact pathways, and perform an importance-performance analysis. Additionally, the study offers targeted recommendations for optimizing cafeteria services. Following an extensive literature review, a survey was administered using scientifically designed questionnaires at a campus in Jieyang, Guangdong Province, with a sample size of 500 students. The results indicate that the quality of the cafeteria itself is a more significant service attribute than food quality for students; female students are more likely to express satisfaction compared to male students. Additionally, food prices, taste, and diversity are identified as areas needing further improvement. These findings provide insights into the factors shaping college students' satisfaction with on-campus catering services and highlight areas where cafeteria services can be enhanced.

Shaping Health: An Interpretation of the Fitness Motivation of the Middle Class

Yue Li — Sat, 26 Oct 2024 00:00:00 +0800

Recently, there has been a growing focus on fitness, particularly among the middle class, who invest significant time and effort in this pursuit. Consequently, the study of middle-class fitness motivation has become a subject of academic interest. This paper examines the importance of health concepts in modern society and the current state, motivations, and influencing factors of fitness activities among the Chinese middle class. With the improvement of living standards and changing lifestyle, health has become a fundamental basis for personal happiness and quality of life, and fitness, as an important means to improve and maintain health, has gradually gained favor among the middle class. Middle-class fitness activities exhibit a trend of diversification, individualization, and scientificity. In investigating fitness motivations, this paper finds that the fitness motivations of the Chinese middle class primarily encompass health pursuits, social needs, and self-actualization. They engage in fitness to improve and maintain physical health, expand their social circles, and enhance personal value. Simultaneously, cultural and economic factors collectively shape the fitness motivations of the middle class. The transformation of traditional health concepts and the influence of media and popular culture have prompted them to pay greater attention to fitness, while the increase in income levels and the rise of marketization have provided them with more convenient and efficient fitness services. Finally, this paper summarizes the main characteristics of the fitness motivations of the Chinese middle class and outlines directions for future research. These studies will contribute to a more comprehensive understanding of the fitness behavior of the middle class and provide a scientific basis for the formulation of relevant policies and the development of the fitness market.

Review of Classical Models for Data Science in the Financial Economy

Fengrui Liu — Sat, 26 Oct 2024 00:00:00 +0800

Data science has been widely used in finance and economics. In this paper, the strengths, weaknesses, and scope of application of two-time series models, VaR and ARMA, and their extension models, such as TSVaR and ARMA-Garch models, are investigated through a side-by-side comparison of several references. The areas of application are the gold, stock, and crude oil markets in the financial sector, and several variables in economics, such as GDP, interest rates, and the amount of money saved.

Research on the Value of IP of China’s Animated Film "Nezha"

Yangyi Wang — Sat, 26 Oct 2024 00:00:00 +0800

In recent years, animated films based on traditional Chinese character mythology have emerged one after another, gaining much popularity. "NeZha" has become a hugely successful IP after "Sun Wukong". As a symbol of ethnic culture, Nezha is a space carrying the past, present and in the future. This paper takes "Nezha" IP as the research object, combines the relevant knowledge of semiotics and value theory, and adopts the research methods of literature analysis, text analysis, and in-depth interview. This paper focuses on the internal law of IP value generation in animated films. Animation IP forms value in the creation stage, and realizes value in the transmission and acceptance of consumption. Take the dynamic process of value generation as the logic of this paper. The first part, starting from the value creation and meaning subject of animated film IP, analyzes the changes on social and cultural context, and finds that its narrative structure moves from binary opposition to intertextuality and pluralism, from grand meaning presupposition to subtle, paying more attention to the present and each individual. Then, it traces the history of Nezha and analyzes Nezha in different periods from the three levels of language, myth with the help of Roland Barthes' semiotics theory, explains the evolution of its role symbols, concludes the core composition of value creation. The second part, from the perspective of audience acceptance, analyzes the "process" and "meaning" of value transmission. Due to the changes of communicated environment, the mode of communication changes from single to multiple and interactive; The main body of communication changes to the national side; The process of audience's meaning interpretation can be divided into the interpretation and re-creation of the text. The third part further discusses the composition and generating elements of value, and summarizes the first two parts. Meaning is formed in the superficial emotional perception, the middle level rational thinking and the deep self-identification of the audience. The cultural value and symbolic value and economic value of animation film IP are generated in the cycle transformation.

Municipal Bond and Green Financial Innovation

Yiyang Zhang — Sat, 26 Oct 2024 00:00:00 +0800

With the continuous development of the economy and social progress, carbon neutrality has become an increasingly prominent issue worldwide. Exploring the relationship between municipal bonds and green finance in depth is crucial for promoting the future development of green economies in various countries. Although many countries' green finance practices are still in the initial stage of policy planning or are not yet fully implemented, their potential benefits are already beginning to emerge. This article points out that combining municipal bonds and green finance innovation will open new paths for sustainable development, environmental protection, and economic growth. By encouraging the issuance of green municipal bonds, policymakers and investors can work together to shape a greener and more sustainable future, benefiting everyone.

Research on the Influence of US Dollar Interest Rate on Japanese Exchange Rate

Ziyi Zheng — Sat, 26 Oct 2024 00:00:00 +0800

The volatility of the US dollar interest rate in recent years has had a significant impact on the Japanese exchange rate's trend. This paper first examines relevant literature regarding the US dollar interest rate and Japan's exchange rate. It then builds a vector autoregressive model to discuss how the US dollar interest rate affects Japan's exchange rate. Finally, it offers some recommendations and countermeasures to create a stable exchange rate system, prevent sharp exchange rate increases, encourage businesses to adopt a "going out" strategy, support the growth of foreign direct investment, promote the advancement of industrial structure to a higher level, and improve the competitiveness of export goods.

Development, Dilemmas and Countermeasures of Smart Elderly Care

Yidan Liu — Sat, 26 Oct 2024 00:00:00 +0800

In recent years, China's population aging and social digitalization have been deepened. The active response to population aging has been a vital issue of widespread concern in society. Broad prospects can be seen in the integrated development of the Internet and various fields. As a new elderly care model that integrates technology and elderly care, smart elderly care has become an irreversible trend of the times. Till now, the connotation and development of smart elderly care has been defined by academia in multiple dimensions, and numerous local characteristics have been found in smart elderly care in China. However, smart elderly care is at the primary stage in China with difficulties such as an imperfect standard system, underdeveloped industrial order, imbalance between supply and demand, insufficient information sharing, unresolved digital dilemma and limited social recognition. In the future, we should optimize top-level design, realize multi-governance, adhere to cross-border integration, promote age-friendly technology, change the concept of elderly care, and bridge the digital divide, so as to boost the sustainable and desirable development of smart elderly care in Chin.

Research on the Influence of Digital Transformation on the High-quality Development of Enterprises

Yaonan Zeng — Sat, 26 Oct 2024 00:00:00 +0800

In recent years, under the background of mass entrepreneurship and innovation, China has vigorously promoted the digital transformation of enterprises. Taking the listed companies in Shanghai and Shenzhen A-shares in 2012-2022 as samples, this paper empirically examines the relationship between digital transformation and the high-quality development of enterprises. The results show that the digital transformation of enterprises can significantly and positively affect the high-quality development of enterprises. At the same time, the degree of internal control and financing constraints of enterprises plays a moderating role in digital transformation and high-quality development of enterprises. In the samples with different equity rights and whether they are high-tech enterprises, the digital transformation of enterprises has different effects on the high-quality development of enterprises. This paper puts digital transformation and high-quality development of enterprises into the same analytical framework, expands the existing research, and puts forward corresponding suggestions and prospects.

The Influence of Basic Medical Insurance for Urban and Rural Residents on Farmers’ Entrepreneurship —— Based on the Quasi-natural Experiment of Medical Insurance for Urban and Rural Residents

Shuyu Dong — Sat, 26 Oct 2024 00:00:00 +0800

With the economic development of China entering the transition period, mass entrepreneurship and innovation has become an important way to promote economic growth, but at the same time, the downward pressure on the economy is increasing, and farmers’ entrepreneurship is facing increasing challenges. In January 2016, the State Council issued the Opinions on Integrating the Basic Medical Insurance System for Urban and Rural Residents and established the basic medical insurance for urban and rural residents as a whole. As an important social security system in China, medical insurance for urban and rural residents is not only a vivid embodiment of rural good governance leading to rural revitalization but also may have a positive impact on farmers’ entrepreneurship. Therefore, based on the data from the China Health and Retirement Longitudinal Study (CHARLS) in 2015 and 2018, this paper investigates the influence of urban and rural residents’ basic medical insurance on farmers’ entrepreneurial behaviour by using the method of Difference-in-Differences (DID). It is found that the implementation of basic medical insurance for urban and rural residents has significantly improved the entrepreneurial willingness of rural residents. When the cluster level is set to individual, its entrepreneurial probability has increased by about 4%. When the cluster level is changed to household and community, there is also a significant promotion effect. Secondly, this paper analyzes the influence mechanism of urban and rural residents’ medical insurance on entrepreneurship by using expected utility theory, life cycle theory and precautionary saving theory: urban and rural residents’ medical insurance enhances farmers’ economic security by reducing risk exposure level and medical burden, and then improves their entrepreneurial willingness. Furthermore, this paper analyzes the heterogeneity of different groups and finds that medical insurance for urban and rural residents has a more significant role in promoting entrepreneurship for male, people aged 60 or below, people with good health, people with bachelor’s degrees or below and married people. Based on this, this paper holds that basic medical insurance for urban and rural residents not only reduces the economic risks caused by diseases but also plays an active role in encouraging farmers to start businesses and increase their income, promoting medical equity and improving social welfare. Therefore, relevant departments should continue to implement the policy of merging the two insurances into one, popularize entrepreneurship knowledge, strengthen rural entrepreneurship publicity and help work, so as to give full play to the promoting effect of medical insurance on rural residents’ entrepreneurship and help realize rural revitalization in China.

The impact of fiscal education expenditure level on urban-rural income gap

Xiaomeng Xu — Sat, 26 Oct 2024 00:00:00 +0800

Social equity has always been a focus of social concern, and fiscal education expenditure can have an impact on social equity. The urban-rural income gap, as an important indicator for testing the rationality of resource allocation, reflects the current situation of social equity well. It is necessary to study the impact mechanism of fiscal education expenditure on the urban-rural income gap. This article selects provincial panel data from 2010 to 2022 and processes the data using STATA16.0 software to explore the impact of fiscal education expenditure on urban-rural income inequality. The results indicate that an increase in government education expenditure will lead to a narrowing of the urban-rural income gap. The robustness test also significantly supports the above conclusion, and this effect will exhibit heterogeneity depending on the region.

Research on the Carbon Accounting Training System in Universities under the "Carbon Peaking and Carbon Neutrality Goals"

Mengzi Yuan — Sat, 26 Oct 2024 00:00:00 +0800

In the context of global climate change, carbon accounting has become a crucial tool in promoting the development of a low-carbon economy and achieving the "Carbon Peaking and Carbon Neutrality Goals." However, the domestic talent development system for carbon accounting in China is still in its early stages, lacking systematic and targeted approaches. This paper addresses key issues in carbon accounting talent cultivation, exploring pathways through university-industry collaboration and interdisciplinary integration. By incorporating specialized training in areas such as carbon management, carbon finance, and carbon financial accounting, this model aims to cultivate interdisciplinary talents equipped with both theoretical knowledge and practical skills. Additionally, the paper emphasizes the establishment of practical training platforms for finance-related talent to enhance students' professional skills and market adaptability in the low-carbon economy era. The proposed training system seeks to improve carbon accounting education, providing technical and talent support for businesses and the nation in achieving the "Carbon Peaking and Carbon Neutrality Goals.".

Research on the Trademark Protection of Artificial Intelligence Generation Technology Achievements

Ningxun Cai — Sat, 26 Oct 2024 00:00:00 +0800

With the rapid development of science and technology, artificial intelligence has become a hot spot in the field of global innovation. Artificial intelligence has led a new round of scientific and technological competition and is known as the “fourth industrial revolution”. The rise of generative artificial intelligence technology and the adoption of artificial intelligence to generate technological achievements have triggered a new challenge for trademark recognition. This kind of technology has the unique characteristics of self-learning and self-optimization, which is significantly different from the traditional object of intellectual property protection. However, the current legal framework is often difficult to cover the innovations of such emerging technologies, which leads to many disputes on the determination of trademark rights. In view of the difficulties faced by the identification of trademark rights of technological achievements generated by artificial intelligence, we should improve the relevant provisions of Articles 30 and 31 of the Trademark Law on infringement of the prior rights of others, and introduce professionals to conduct manual audit and expert evaluation. At the same time, we should also define the trademark ownership of artificial intelligence technology achievements and the defining standard of human creative contribution, and introduce “confusion possibility” as the identification standard of trademark infringement.

The impact of digital transformation on enterprise inventory management efficiency

Zinan Zhou — Sat, 26 Oct 2024 00:00:00 +0800

Using data from all non-ST A-share listed companies from 2007 to 2023, this study constructs a digital transformation index via text analysis and examines its impact on inventory management efficiency through regression analysis. It measures efficiency by inventory levels and turnover days, finding that digital transformation enhances this efficiency. Heterogeneity analysis reveals that customer concentration significantly amplifies the benefits of digital transformation on inventory management. The study identifies three key mechanisms: improved information transparency, increased human capital investment, and innovation, through which digital transformation boosts efficiency. The findings offer valuable insights for leveraging digital transformation to optimize inventory management and foster high-quality enterprise development.

Advancing Technology and Unemployment

Enze Li — Sat, 26 Oct 2024 00:00:00 +0800

Innovation in technology and production tools is one of the important signs of the continuous development of human civilization. In order to better develop productivity, people constantly create their tools to improve and enhance their living standards. However, although technological breakthroughs will inevitably bring benefits to human society in the long run, in the short term, technological breakthroughs come at a cost. With the continuous advancement of technology, more and more job seekers are beginning to worry about whether new technologies will replace their jobs. Based on the above background, this article deeply studies the current development status of technologies represented by artificial intelligence. Through analysis, this article points out that the impact of technological progress on employment and unemployment is multifaceted. To fully utilize the benefits brought by technological progress and avoid possible drawbacks, policymakers, enterprises, and individuals need to work together to create a more inclusive and sustainable future.

A Review of Urban Green Space Accessibility Research

Minghao Ma — Sat, 26 Oct 2024 00:00:00 +0800

Green space accessibility metrics, green space quality assessment methods, and green space equity assessment methods used in existing studies are sorted out and summarized. The green space accessibility measures compare the basic principles, metrics, advantages, and disadvantages of different methods in terms of mathematical statistics, topological networks, and geometric networks. The green space quality assessment methods include a review of common single-indicator, multi-indicator, and multi-indicator system construction methods.

A Study on the Effect of Digital Transformation on the Enterprise Innovation

RuYu Yan — Sat, 26 Oct 2024 00:00:00 +0800

In recent years, under the background of double innovation, China has vigorously promoted the digital transformation of enterprises. This paper empirically examines the relationship between enterprise digital transformation and enterprise innovation by taking the listed companies in Shanghai and Shenzhen A-shares in 2012-2022 as samples. The results show that enterprise digital transformation can significantly positively affect enterprise innovation. At the same time, the degree of internal control and financing constraints of enterprises plays a moderating role in digital transformation and enterprise innovation. In the samples with different natures of property rights and whether they are high-tech enterprises, the digital transformation of enterprises has different effects on enterprise innovation. This paper puts digital transformation and enterprise innovation into the same analytical framework, expands the existing research, and puts forward corresponding suggestions and prospects.

Audit Quality and Financial Reporting Quality: Evidence from China

Yu Zhong — Sat, 26 Oct 2024 00:00:00 +0800

The implementation of effective auditing procedures facilitates the production of superior financial reports. This study examines the impact of high-quality audits on the quality of financial reports, employing data from public sources and Chinese company databases during the period from 2000 to 2022. The implementation of effective auditing procedures facilitates the production of superior financial reports, particularly when such information is utilized in the business decision-making. The quality of audits is a significant determinant of the reliability of financial reporting. When auditors and clients have differing perspectives, it can have adverse implications for the financial stability of the company. Audit quality is particularly salient for smaller firms. The findings of this study indicate that the integration of robust internal controls and comprehensive audits can enhance the quality of financial reporting. This study elucidates the impact of audits on the broader economic landscape and underscores the vital role of auditing in ensuring the integrity of financial reporting. The insights derived from this study can inform the practices of accounting firms and regulatory bodies. However, further research is recommended to gain a more nuanced understanding.

Policy Evaluation and Pathway Optimization for High-Quality Development of National Auditing: A Study Based on Grounded Theory and the PMC Model

Yufei Li — Sat, 26 Oct 2024 00:00:00 +0800

National auditing serves as a critical safeguard for the health of China’s economic operations and is an essential mechanism for promoting good governance. Audit policies play a pivotal role in guiding and advancing auditing activities. This study, based on grounded theory and social network analysis, utilizes NVivo 12 Plus and ROSTCM6 software to mine and analyze policy documents from recent years aimed at fostering high-quality national auditing. On this basis, an evaluation index system is constructed using the PMC (Policy Modeling Consistency) index model. The PMC indices for 14 policy samples from 2014 to 2023 are calculated, and a PMC surface plot is generated. The results of the policy evaluation (11 rated as good, 3 as acceptable) indicate that there is still room for optimization in policies concerning the high-quality development of national auditing. Further analysis reveals that while these policies perform well in areas such as policy evaluation and support measures, there are shortcomings in aspects like policy focus, policy domains, and perspectives. Finally, the study proposes recommendations for policy optimization, offering both theoretical and practical insights to support the high-quality development of national auditing and contribute to new roles for national auditing in the process of Chinese-style modernization.

ESG-based investment portfolio construction——a case study based on key companies

Junyi An, Haoyuan Jia — Mon, 28 Oct 2024 00:00:00 +0800

With the increasing importance of sustainable practices, global regulation and markets are constantly driving changes in business policies. ESG (Environmental, Social, and Governance) investments are increasingly becoming a critical factor in assessing businesses' medium - and long-term risks and returns. This article delves into investment portfolio-building strategies based on ESG (Environmental, Social, and Governance) and demonstrates their application in investment practice through case studies of critical companies. The article first emphasizes the importance of sustainable practices in global regulation and markets. It points out that ESG investment has become a critical factor in evaluating enterprises' medium - and long-term risks and returns. Subsequently, a detailed analysis of the ESG performance of companies such as NVIDIA, Coca-Cola, and Meta was conducted using strategic tools such as SWOT analysis and Porter's Five Forces model. Based on the macroeconomic background and market dynamics, the article constructs an investment portfolio that includes the stocks of these companies and explores strategies for risk control and return optimization. Ultimately, the article points out that despite facing market volatility and uncertainty, ESG investment provides investors new opportunities and perspectives.

Survey Report on the Market Trend of Chinese Rap Industry from 2013 to 2024 and the Opportunities and Challenges Faced by Fashion Brand Culture in Today's Development

Zihan Liu — Mon, 28 Oct 2024 00:00:00 +0800

In recent years, modern rap music and streetwear brands have significantly influenced global fashion trends and the apparel market. Rap, a dominant genre in contemporary music, has become a cultural force that shapes youth identity, attitudes, and style preferences. Artists often collaborate with or endorse streetwear brands, merging music with fashion in a way that resonates deeply with fans. Simultaneously, streetwear has transitioned from niche subcultures to mainstream fashion, driven by its association with rap culture, exclusivity, and social media exposure. This synergy between rap music and streetwear brands has made both more popular and commercially successful, creating a powerful and enduring influence on modern fashion.

Impact of Enterprise Digital Investment on Its Performance

Jiahui Sun — Mon, 28 Oct 2024 00:00:00 +0800

Taking all A-share listed enterprises in Shanghai and Shenzhen stock markets from 2017 to 2022 as research samples, this paper studies the impact of enterprise digital investment on its performance, and analyzes the mediating effect of internal control in it. The results show that an enterprise’s digital investment significantly improves its performance, and internal control plays a partial mediating effect in this process. In addition, this paper conducts a classified study on state-owned and non-state-owned enterprises. According to the results, the positive impact of digital investment on the performance of non-state-owned enterprises is more significant, while such an effect is relatively weak in state-owned enterprises. The research result provides theoretical support for enterprises to optimize resource allocation and promote management efficiency during the digital transformation, and gives suggestions for policy makers.

Research on Performance Appraisal System of Sales Staff in X Company

Sijin Qi — Mon, 28 Oct 2024 00:00:00 +0800

In the era of knowledge economy, talent is the core of enterprises to gain competitive advantage, and performance management is the core of human resource management. How to improve the quality of human resources in enterprises, the most critical link is effective performance appraisal. This paper takes the performance appraisal of sales staff in X company as the research theme, analyzes the present situation and problems of performance appraisal of sales staff in X company through interviews and literature analysis, and puts forward some suggestions from the perspectives of performance appraisal index formulation, performance appraisal implementation process and performance appraisal result feedback by using professional theoretical knowledge combined with the actual situation of the enterprise, aiming at designing a reasonable and efficient performance appraisal system for sales staff in X company, and also hoping to provide some reference value for related enterprises.

Global Patterns of Innovation: Comparing Business Model Canvas Implementations in Fab Labs Around the World

Chen Huang, Ziliang Wu, Jiamin Yu — Mon, 28 Oct 2024 00:00:00 +0800

This paper compares the implementation of the Business Model Canvas (BMC) across Fab Labs in the Netherlands, Indonesia, and the UK, focusing on their operational models and innovation practices within distinct cultural contexts. Through case studies of Waag Society’s FabLab (Netherlands), The House of Natural Fiber (HONF) FabLab (Indonesia), and Fab Lab Manchester (UK), the study highlights key differences in value propositions, customer segments, channels, customer relationships, revenue streams, key resources, key activities, key partners, and cost structures. These differences are largely influenced by cultural dimensions. The findings provide valuable insights for the global promotion and development of Fab Labs, offering reference points for policymakers, entrepreneurs, and educational institutions.

Analysis of reasons for failure of birth stimulus policies in East Asia

Zimeng Wang — Mon, 28 Oct 2024 00:00:00 +0800

Fertility decline has become a common trend in global demographic development. Developed countries have taken the lead in entering the era of low fertility levels, and developing countries are also experiencing a decline in fertility. Economic growth, the improvement of people's living standards, the enhancement of women's education, employment level, and social status, and the change in the concept of reproductive culture have all hindered the development of fertility. This paper summarizes some failed policies to stimulate fertility in East Asian countries and analyzes why a series of policies to encourage fertility implemented in East Asian countries have had little effect on fertility.

How short videos promote cultural consumption: A Virtual Ethnography Study on the Internet Fans Groups of Anime "Guzi"

Aiqi Xu — Mon, 28 Oct 2024 00:00:00 +0800

As the fan groups of anime have grown up with the coming of the digital era, it is obvious that short videos promote cultural consumption among folks. This paper revealed that the sub-culture of anime helped us to focus on the development of fan groups, as the fans disseminate their viewpoints through social media platforms. This paper, concentrated on the behavior among the fan groups of the anime culture, while it exhibited some details about the Japanese folk culture by consuming "Guzi". In terms of methodology, virtual ethnography inspired this paper participatory observation and in-depth interviews are all that affected much on the empirical study. As the paper has addressed in the content, the study on the subculture of anime or otaku would help us to gain a wider perspective on the communities of fan groups.

Condorcet Theory: Exploration of Tie-breaking vote

He Yao — Mon, 28 Oct 2024 00:00:00 +0800

Voting has played a crucial role in modern society, as it empowers individuals to voice their opinions and ensures representative and fair decision-making. However, no current voting algorithm can claim to be completely fair. In preferential voting systems, the Worst Defeat and Ranked Pair methods are often used to determine election outcomes. Due to fundamental differences in their principles, both algorithms exhibit distinct strengths and weaknesses, particularly regarding the weighting of tie-breaking votes. This paper delves into the specific cases of Worst Defeat and Ranked Pair in tie-breaking scenarios, offering an integrated analysis and proof of related issues. Furthermore, it identifies the most suitable contexts for each algorithm, aiming to provide general recommendations for the usage of voting algorithms across various situations.

The Impact of Pilot Policies of Low-carbon Cities on Enterprises’ Green Innovation

Yufei Deng — Mon, 28 Oct 2024 00:00:00 +0800

This paper empirically tests the impact of China’s low-carbon city pilot policy on green innovation of enterprises. The results show that the pilot policy of low-carbon cities can significantly improve the level of green innovation of enterprises, mainly in quality and quantity. The mechanism analysis shows that the pilot policy of a low-carbon city can improve the green innovation level of enterprises by relaxing the financing constraints faced by enterprises and increasing R&D investment. The heterogeneity test shows that the promotion of a low-carbon city pilot policy to green innovation of enterprises is more significant in non-state-owned enterprises, non-heavily polluting industries and large-scale enterprises. The conclusion has passed a series of robustness tests, which is of reference significance for promoting the green transformation and development of enterprises in the process of realizing the goal of “Carbon peak and Carbon neutrality” in China.

Research on the Legal Guarantee for Realizing the Goal of “Dual Carbon” in Rural Areas

Yunting Feng — Mon, 28 Oct 2024 00:00:00 +0800

With the modern agriculture development, China’s agricultural production system is generally in a “high-carbon” mode. Nowadays, with the continuous emphasis on low-carbon development and environmental protection, China’s rural carbon emissions have become a vital factor restricting the sustainable development of the new countryside, which hinders rural revitalization and the realization of the goal of the “dual carbon”. Based on the current situation of rural areas in China, this paper proposes legal protection suggestions from the perspective of the rule of law around the problems existing in rural low-carbon development, such as serious production pollution, poor infrastructure construction, low proportion of clean energy use, insufficient funds for agricultural development, and weak low-carbon awareness of villagers

The Impact of Urban Culture on Residents' Online Consumption: Evidence from China

Zhiheng Dan — Mon, 28 Oct 2024 00:00:00 +0800

The study explores the impact of urban culture on residents' online consumption behavior in China. Utilizing big data technology, the research collects and integrates multidimensional data, including consumer behavior and e-commerce platform information, to gain a comprehensive understanding of high-quality online consumption patterns and motivations. By combining qualitative and quantitative methods and conducting case studies across multiple cities, the paper delves into how different urban cultural system characteristics influence online consumption behavior. The findings provide valuable insights into the relationship between urban culture and digital consumption, contributing to a deeper understanding of contemporary consumer dynamics in China.

Media panic: A study on the diffusion process and public opinion dynamics of bankruptcy news in the post-truth era of Britain

Huilin Tang — Mon, 28 Oct 2024 00:00:00 +0800

The news of bankruptcy in the UK in 2024 spread on social media platforms, causing a public opinion storm. This study traces the occurrence and development process of bankruptcy news in the UK and believes that news of bankruptcies in major cities and businesses are stacked on top of each other, jointly affecting the subjective perception of the audience towards the news. As a result, the dissemination of bankruptcy news in the UK has gained huge traffic. This article analyzes the dissemination process of bankruptcy news in the UK and argues that in the post-truth era, the spread of bankruptcy news in the UK cannot be separated from the subjective truth acquisition of the audience. The important driving factor in developing public opinion is the construction of audience trust and authenticity. The main significance of this study is to elucidate the connection between media panic and news authenticity in the study of bankruptcy news in the UK and to focus on exploring the diffusion and dissemination of news from the perspective of news authenticity in the post-truth era, analyzing the profound significance behind it.

Uncovering the Common Root Cause of Rural Tourism Challenges: A Comparative Analysis of China and the U.S.

Haosheng Xie, Estella Qiming Zhang — Mon, 28 Oct 2024 00:00:00 +0800

Despite the vast differences in cultural, political, and economic contexts between China and the U.S., our interviews with stakeholders in Michigan (U.S.) and Anhui (China) reveal shared challenges in rural tourism——environmental sustainability concerns, limited distinct innovation in tourism offerings, infrastructure deficiencies, and insufficient community engagement and intrinsic motivation. This study identifies the common root cause behind the shared challenges in rural tourism as rooted in policy and governance. The analysis introduces an "Ideal Point" framework, which suggests neither extreme—whether high or low levels of government intervention—is optimal for fostering sustainable rural tourism. Instead, the best approach lies in achieving a balanced level of intervention tailored to the specific needs of each nation.

Investigation of the factors influencing residents' willingness to pay for knowledge——Take Nanchang city as an example

Yimin Yuan — Mon, 28 Oct 2024 00:00:00 +0800

In the era of information explosion, people's own literacy in recognizing knowledge and the speed of searching for knowledge are seriously unequal to the speed of information turnover, which leads to the formation of knowledge anxiety. In this context, a mode of knowledge dissemination centered on the value of content and willingness to pay has emerged, i.e. knowledge payment. So, does knowledge anxiety have an impact on knowledge payment, what kind of attitude do modern people hold towards knowledge payment, what are the key factors that can influence consumers' satisfaction and willingness to pay for knowledge, and what is the target group of knowledge payment? Therefore, this paper takes the residents of Nanchang City as the survey object, and launches a market survey on knowledge payment.

Digital Infrastructure, Opening-up to the Outside World and the Transformation of Digital Intelligence of Enterprises

Xiuqi Qian — Mon, 28 Oct 2024 00:00:00 +0800

Nowadays, the trend of the digital economy is prevalent, enterprises actively carry out the transformation of digital intelligence to seek a favourable position, and the Chinese government also vigorously promotes digital infrastructure, but the relationship between them remains to be investigated. Based on the panel data of A-share listed companies from 2011 to 2022, this paper constructs a double fixed effect model and demonstrates that digital infrastructure has a positive effect on the digital intelligent transformation of enterprises. The results show that technology spillover effect, production scale and digital sales play an intermediary role in the promotion of digital infrastructure to the transformation of digital intelligence of enterprises. Digital infrastructure has a significant role in promoting the transformation of enterprises in the eastern and western regions and areas with weak business environments. The level of enterprises’ opening-up plays a moderating role in the promotion of digital infrastructure to the digital intelligent transformation of enterprises. Based on this, some suggestions are put forward to speed up the construction of digital infrastructure and build a digital infrastructure system according to local conditions.

Influence of Digital Transformation on Green Innovation of Enterprises

Jiaxiu Li — Mon, 28 Oct 2024 00:00:00 +0800

Based on the panel data of China’s A-share listed enterprises from 2013 to 2022, this paper discusses the impact of digital transformation on green innovation of enterprises and its mechanism, and investigates the regulatory effect of financing constraints. The findings are as follows: firstly, digital transformation can significantly promote the green innovation of enterprises, which is embodied in enhancing the green innovation ability of enterprises by improving the level of knowledge sharing and reducing the risk of R&D; Secondly, financing constraints have a significant negative regulatory effect on the relationship between digital transformation and green innovation, that is, in the face of higher financing constraints, the promotion of digital transformation to green innovation will be weakened; Thirdly, the heterogeneity analysis shows that the digital transformation of mature enterprises and state-owned enterprises has a stronger role in promoting green innovation. Therefore, enterprises can effectively and continuously promote the process of green innovation by using digital transformation, but it is affected by the property right nature and the age of enterprises. The government should focus on improving the financing environment and relaxing the financing constraints, at the same time, actively take advantage of the state-owned enterprises to concentrate on major events, take the lead in green innovation, and at the same time, use state-owned enterprises to drive green innovation of non-state-owned enterprises, so as to maximize the effect of digital empowerment of enterprises and improve the overall level of green innovation in the country

The impact of smart audit on green finance: evidence from China

Zijin Xia — Mon, 28 Oct 2024 00:00:00 +0800

As of today, despite the rocketing of smart technology, whether the use of smart audit as a firm characteristic contributes to sustainable development in a region remains unclear. This paper supplements the extant literature by linking the development of green finance to firms’ adoption of smart audits. Based on the data of Chinese listed companies from 2000 to 2023, the empirical results show the following: (1) Smart audit can improve the provincial development index of green finance. (2) The marginal benefit of smart audit is greater for middle and western companies than eastern companies, for small and medium companies than large companies. (3) This effect is positively moderated by financial constraint and internal control. In light of these findings, firms and policy-makers should attach greater significance to smart audit’s positive effect on promoting green finance, while strengthening its coalescence with the improvement of financial constraint and internal control in order to accelerate realizing the Sustainable Development Goals.

A Survey On Family Firms

Guanchong Chen — Mon, 28 Oct 2024 00:00:00 +0800

Existing literature on family firms focuses on empirical research and data analysis to study and compare family firms. It elaborates on the disparency between family firms and non-family firms regarding firm performance, and influencing factors. differences in governance structure, etc. This paper systematically reviews the research on family businesses by means of literature review, and finds that 1. Compared with non-family businesses, family businesses face more complex governance structure problems and greater innovation challenges, and their performance is affected by more factors; 2. In the face of the above development problems, the “de-familialization” of family enterprises in governance structure, balancing the contradiction between enterprise inheritance and succession and enterprise performance, and attracting more state-owned equity participation can help family enterprises complete digital transformation and enterprise innovation and development. Future research on family-owned enterprises should focus more on how to improve corporate performance in the process of digital transformation and innovation, how to improve corporate governance in the context of enterprise internationalization, and measures to solve the problem of second-generation succession in the process of development.

The literature review on Corporate innovation

Jiale Liang — Mon, 28 Oct 2024 00:00:00 +0800

Innovation plays a substantial role in value creation and economic development. Given its importance, this paper systematically reviews the determinants and consequences of corporate innovation. This paper finds the factors mainly related to business management and the economic sphere, including strategic management, innovation, competitive environment, intrapreneurship, corporate governance, leadership, industry influences, and cultural factors. The consequences of corporate innovation can be summarised in terms of the company's financial position and risk management, like the risk of a share price crash, more internal financing, and the company staying ahead of the curve. This paper enriches the literature on corporate innovation by systematically summarizing the factors affecting innovative activities. The paper presents a comprehensive analysis of the implications that listed firms and the government can consider to promote or facilitate corporate innovation. Firms can foster innovation by investing in R&D, fostering a culture of creativity and experimentation, and collaborating with external partners. The government can promote a culture of innovation that drives progress and growth by offering funding, tax incentives, and regulatory frameworks that incentivize companies to invest in new technologies and ideas. Overall, the paper underscores the importance of innovation in driving economic growth and offers practical recommendations for firms and policymakers to foster innovation and competitiveness.

Study On the Influence of Short Video Opinion Leaders on Consumers' Willingness to Buy Beauty Products and Their Coping Strategies

Nuoxuan Shi — Mon, 28 Oct 2024 00:00:00 +0800

This paper takes beauty opinion leaders active on TikTok platform as the research object, selects some representative marketing cases of beauty opinion leaders in China and studies the short video content released by them, summarizes the main strategies adopted by them in the process of marketing communication, explores the advantages in depth, and tries to find out the problems. It is expected to further optimize and improve the marketing communication of beauty opinion leaders in the future by building a new marketing strategy model. The article is divided into four parts. The first part is the introduction, from the research background, research significance, research methods and innovation points and difficulties of the four parts of the overall framework and structure of the paper have a clear understanding; The second part mainly defines the relevant concepts and literature review of opinion leader marketing, uses the relevant theories of opinion leaders, brand marketing theories, social marketing theories and other relevant knowledge and combing, further discusses the value and development status of beauty marketing on TikTok platform, and summarizes the characteristics and functions of beauty opinion leaders on TikTok platform. The third part mainly starts from two aspects of advantages and problems, conducts in-depth interviews and content analysis in combination with representative marketing cases of beauty opinion leaders on the platform, summarizes the current status of marketing communication strategies of beauty opinion leaders on the platform, and provides certain references for the construction of the following strategy model. In the fourth part, based on the theoretical basis and case analysis above, a new marketing strategy model is constructed and its application value in the beauty industry is explored.

The Impact and Opportunities of Digital Currency Development

Yuxuan Sun — Mon, 28 Oct 2024 00:00:00 +0800

With the continuous development of encryption technology, big data, artificial intelligence, and financial technology, digital currencies have emerged, which are based on blockchain technology to achieve peer-to-peer transactions and have high security and convenience. Unlike electronic and virtual currency, digital currency is a nonintermediary payment mechanism based on distributed ledger technology. The rise of digital currency has profoundly impacted the traditional currency system. On the one hand, digital currencies have improved transaction efficiency and payment convenience, reduced transaction costs, and promoted innovation in financial models. On the other hand, digital currencies also bring new risks and challenges, such as information leakage, fund security issues, and impact on traditional financial institutions. In addition, digital currencies may exacerbate global development imbalances, leading to differences in the efficiency of digital currency usage between developed and developing countries. This article further explores the relationship between digital currency and traditional currency, predicts their coexistence or substitution trends in the future, and emphasizes the importance of managing digital currency. Formulating relevant laws and policies to protect consumer assets and personal information security helps to promote the healthy development of digital currency and promote the stability and prosperity of the economy and society.

The analysis of advantages and disadvantages to society of successful businesses and businessmen

Julian Yat Hay Wong — Mon, 28 Oct 2024 00:00:00 +0800

Successful businesses and businessmen have both positive and negative effects on society. On the one hand, successful companies can generate short-term economic growth by increasing incomes and profits to raise nominal wages and living standards. They can also promote potential investment inflows and reinvest their money into research and development that could contribute to long-term economic growth. Besides, successful businesses can reduce crime rates and enhance social cohesion by employing a large workforce. On the other hand, monopolistic structures, government lobbying by big corporations, and faster growth rates of old capital exacerbate economic inequality. Moreover, big businesses will reduce environmental sustainability by damaging the environment. This paper believes that governments are vital in maximizing benefits and minimizing consequences from the success of companies and businesspeople.

Digital transformation and green total energy efficiency in the context of the "dual carbon" goal ——Empirical evidence based on China's A-share energy listed companies

Yingjie Xiao — Mon, 28 Oct 2024 00:00:00 +0800

Globally, digital transformation will be the most important driver of future economic growth. China has been pushing forward the "dual-carbon" goal, planning to achieve carbon peak by 2030 and carbon neutrality by 2060. The energy industry is the main battlefield and the main position for practicing the strategy of green and low-carbon development of energy, and digital transformation in the era of digital economy is not only an important path to promote the transformation and upgrading of traditional energy enterprises and the development of new business forms in the field of energy, but also an inevitable choice for realizing the goal of "dual-carbon". This paper focuses on the green value of digital transformation, based on the panel data of China's A-share listed energy enterprises from 2017 to 2022, uses the super-efficient SBM-Malmquist index model to measure the green total factor energy efficiency of energy enterprises, and empirically examines the impact of digital transformation on the green total factor productivity and the path of its effect. The findings show that digital transformation enhances green total factor productivity through green technological innovation and management efficiency; heterogeneity analysis reveals that digital transformation enhances green total factor energy efficiency more significantly in new energy automobile industry, private enterprises and state-owned enterprises, and enterprises in East and South China. Therefore, the strategic value of digital transformation should be emphasized to accelerate the empowerment of energy system technology innovation and management optimization efficiency.

Impact of ESG Performance on Corporate Total Factor Productivity

Xin Wen — Mon, 28 Oct 2024 00:00:00 +0800

Innovation is the key support for the high-quality development of China’s economy and the lifeblood of development for enterprises to maintain their core competitive advantages. Based on data from China’s A-share listed companies from 2011 to 2021, this paper has studied how ESG affects corporate total factor productivity. The study finds that good ESG performance promotes the corporate total factor productivity. Further, the promotion effect is more significant in state-owned enterprises and polluting enterprises. The analysis in this paper enriches and develops the theoretical research on the impact of enterprise ESG performance on total factor productivity, which not only provides an effective path for the sustainable development of enterprises in China but also offers a reference for the high-quality development of China’s economy.

What kind of reviews are useful for tourism consumption decision? --A study of the factors influencing the usefulness of reviews under the multimodel concept

Qiaomu Zheng — Mon, 28 Oct 2024 00:00:00 +0800

This paper delves into the key factors affecting the usefulness of online reviews, which are subdivided into two categories: heuristic cues and systematic cues. By crawling and analyzing online review data from six popular scenic spots in Xi'an, this paper incorporates the multimodal concept and investigates the effects of six variables, namely, text length, rating, timeliness, whether there are pictures, text sentiment, and consistency between the review text and the picture content on review usefulness, as well as the moderating effect of the anonymous identity of the reviewer. The results show that review text length, rating, timeliness and availability of pictures all have a significant positive effect on review usefulness. At the same time, review text sentiment and consistency between the review text and the picture content had no significant effect on review usefulness. This study expands the research scenario of review usefulness with tourism, fills the problem of insufficient attention to picture variables in previous studies, and provides ideas for optimizing the review recommendation mechanism and the reward mechanism of high-quality reviews on online consumer websites.

Research on the Influence of Digital Transformation of Enterprise Finance on Audit Risk

Yutong Yang — Mon, 28 Oct 2024 00:00:00 +0800

With the rapid development of information technology, the digital transformation of enterprise finance has become an important direction of enterprise transformation and upgrading. Based on the data of A-share listed companies in 2012-2022, this paper discusses the specific impact of financial digital transformation on audit risk through empirical analysis. The research results show that the financial digital transformation of enterprises can significantly reduce the audit risk, and this has been further confirmed in the test of the degree of financial digital transformation and the robustness of audit risk. In addITion, through heterogeneity analysis, it is found that the international "Big Four" accounting firms and IT service industries do not show differences in audit risks when dealing with enterprise audits with different digital levels. The research of this paper is of great significance for understanding the changing law of audit risk under the background of financial digital transformation and guiding enterprises and audit institutions to better cope with the challenges brought by financial digital transformation.

Strategies for Cost Control and Efficiency Improvement in the Supply Chain of the Food Industry

Haitao Gu — Mon, 28 Oct 2024 00:00:00 +0800

The present invention discloses a cathode frame of an electrostatic precipitator, comprising a rectangular frame composed of four horizontal bars and five vertical bars; The horizontal and vertical bars are perpendicular to each other and located in the same plane, and four horizontal bars are arranged parallel to each other, while five vertical bars are arranged parallel to each other; Four horizontal bars divide the longitudinal length of the rectangular box into three equal parts, five vertical bars divide the transverse length of the rectangular box into 2:1:1:2, and one of the vertical bars is located on the vertical centerline of the rectangular box; The upper section of the two outermost vertical rods on the rectangular frame is a reinforced vertical rod, and there are two horizontal through-holes on the reinforced vertical rod for installing the cathode frame support. The cathode frame of the electrostatic precipitator has a simple structure and convenient assembly, which can effectively prevent the cathode frame of the electrostatic precipitator from bending, deformation, or even sliding and collapsing from the overall cathode support, greatly improving the safety and stability of the operation of the electrostatic precipitator.

A study of persistent absenteeism in the UK

Ke Huang — Mon, 28 Oct 2024 00:00:00 +0800

Absence from school has continued to rise in England in recent years, particularly in the wake of the COVID-19, especially among disadvantaged pupils and those in Years 7-11. The reasons for absenteeism are varied and include fear of the epidemic, the inconvenience of school amalgamation, the pressures of urban life leading to family relocation, declining teacher quality and breakdown of trust between parents and teachers, parental dissatisfaction with the curriculum, and psychological reasons for students. In order to deal with this problem, this paper puts forward recommendations at the government, school, and family levels: the government should increase investment in education and pay attention to disadvantaged families; schools need to communicate with parents and optimize the curriculum; and families should pay attention to their children's education and cooperate with schools. Through these measures, we hope to have some help with the problem of persistent absenteeism.

The Benefits of Re-employment Among the Elderly: Perspectives on the Silver Economy and Re-employment Willingness

Xiner Chen — Mon, 28 Oct 2024 00:00:00 +0800

As China's population ages, the challenges this demographic shift presents are becoming increasingly clear. The re-employment of older adults, however, offers new opportunities for economic development and social welfare. This study examines the policies, impacts, and willingness surrounding elderly re-employment in China through surveys and case studies. The findings reveal that re-employment among the elderly has positively influenced the silver economy. There is a notable preference for safeguarding the rights of re-employment through enhanced health support and legal protections, indicating a significant disparity between subjective and objective attitudes toward elderly re-employment. The research provides theoretical support for invigorating the silver economy and improving the labor market structure in China.

Unprecedented Anxiety and Depression among Young People: From the Perspective of Postmodern Consumer Culture

Chunxi Zheng — Mon, 28 Oct 2024 00:00:00 +0800

With the advancement of technology, young people today live in a society with highly developed material civilization. Unfortunately, it seems that more and more young people are facing serious problems of depression and anxiety. This article analyzes the reasons for unprecedented anxiety and depression among young people from the perspective of postmodern consumerism culture. On the one hand, postmodern consumerism culture has wrongly shaped the worldview of young people, making them prone to losing direction. On the other hand, postmodern consumerism culture forces young people to engage in excessive competition, which exacerbates their sense of frustration and makes them more prone to anxiety and depression. In response to these two reasons, the article proposes suggestions from the perspectives of cultural construction and competition to help young people alleviate anxiety and depression.

Overseas background executives, corporate green innovation

Lili Ma — Mon, 28 Oct 2024 00:00:00 +0800

Ecological civilisation is an important element of socialism with Chinese characteristics, and green innovation is undoubtedly an inaccessible component of this strategic task. Enterprises are the main body of innovation and stimulating the vitality of green innovation in enterprises will certainly provide power support for the construction of Chinese-style modernisation with green and high-quality development. Based on the data of Chinese A-share listed companies in Shanghai and Shenzhen from 2008 to 2022, the article examines the influence of executives with overseas background on corporate green innovation by using a two-way fixed-effects model. Study Finds Executives with Overseas Backgrounds Promote Green Innovation in Firms, and ESG performance plays a mediating role between the two. Further research finds that executives with overseas background also have a significant impact on firms' overall innovation. This paper enriches the research literature on the personal traits of executives and provides empirical evidence to promote corporate green innovation, which in turn provides certain references for the development of green innovation and talent attraction policies of the government and corporations.

Marketing Strategy Analysis of Three-dimensional Attitude and Angle Measuring Instrument

Binghong Shi, Jun Sheng, Hanshuang Qi, Yijie Lu, Jinjin Zhang — Mon, 28 Oct 2024 00:00:00 +0800

With long-standing defects in China's technology of the measuring instrument, there are many gaps in the market of measuring instruments. Under this background, as a tiny three-dimensional attitude angle measuring instrument based on a lens array, the three-dimensional attitude angle measuring instrument fills the drawbacks of many measuring instruments on the market. However, this product has not been put into the market on a large scale at present. Thus, it is critical to push this instrument into the market with suitable marketing methods. Firstly, this paper makes a concrete analysis of the instrument market. Then the possible problems of the three-dimensional attitude angle measuring instrument after entering the market are analyzed. On this basis, a solution is provided and the exclusive marketing strategy of a three-dimensional attitude angle measuring instrument is proposed.

Linkage Development of Anhui's Manufacturing Industry and Logistics Industry under the Background of Digital Economy

Yuxia Guo, Jie Xu, Zhouyu Tian, Na Li — Wed, 30 Oct 2024 00:00:00 +0800

The rapid development of the global digital economy (DE) has brought new momentum to the coordinated development of manufacturing and logistics industries. In order to promote the linkage development of manufacturing industry(MI) and logistics industry(LI) under the background of DE, this paper takes Anhui manufacturing and LI as the research object, and uses a coupling coordination model to explore based on relevant data from 2013 to 2022. The results show that the coupling degree between MIand LI in Anhui Province is at a high level, the coupling coordination degree(CCD) is in good coordination, the linkage level between the two industries is high, and the linkage development trend is good. Through the research of this paper, some suggestions for the coordinated development of Anhui's MI and LI under the background of DE are put forward, and decision support is provided for the coordinated development of the two industries.

Study on the Interaction between Multi-themed Cultural Tourism Punching Routes in Wuhan and the Development of Its Neighboring Digital Economy

Yixuan Ji, Zhen Chen, Xinwei Zhou, Jinzhou Ai, Zian Yang — Wed, 30 Oct 2024 00:00:00 +0800

Wuhan has rich historical culture and modern urban resources, and this study aims to explore the interaction between multi-thematic cultural tourism punch card routes and the development of the surrounding digital economy, and to provide theoretical support and practical guidance for the innovative development of tourism in Wu Han. Through the excavation of Wuhan's characteristic resources, the analysis of tourists' needs and behaviors, the design and optimization of punch card routes, the study of the interaction mode between the tourism industry and tourists, as well as the evaluation of the implementation and effect of the project, the interactions and influences between the two are analyzed in-depth, so as to provide strategic suggestions for enhancing the overall competitiveness of Wuhan's tourism industry and promoting the development of the surrounding digital economy.

The Impact of Group Identity on Live Broadcast Viewers' Continuous Viewing Intention

Szu-Chi Yang, Chia-Yu Tu, Suechin Yang — Wed, 30 Oct 2024 00:00:00 +0800

This study explores the impact of group identity on the continued viewing intentions of live stream viewers, aiming to enhance the business value of live streaming through a strengthened sense of identification between streamers and their audiences. Employing regression analysis, the findings reveal a significant positive relationship between group identity and continued viewing intention. Specifically, when viewers feel a stronger sense of belonging to their group, they are more inclined to participate in live streaming activities over time and exhibit greater loyalty to both the streamer and the community. These results underscore the effectiveness of reinforcing group identity in increasing audience engagement and loyalty, thereby enhancing the economic benefits of live streaming. Future research should investigate how various types of live content affect group identity and continued viewing intentions, offering more precise recommendations for practical implementation.

Research on the shared mental model of top management team about the formation motivation, the structural characteristics and the impact mechanism of enterprise performance:a longitudinal case study of the life cycle

Bin Xiong — Wed, 30 Oct 2024 00:00:00 +0800

From the perspective of the team life cycle, the Top Management Team (TMT) of Enterprise F was selected as the focal point of research. Utilizing a longitudinal single-case study approach, this study dynamically correlated the formation drivers, structural attributes, and corporate performance associated with the shared mental model of the enterprise TMT, elucidating the interdependencies among these elements. The research indicated that during the formation,oscillation, standardization, and executing stages of the TMT life cycle, the levels of team cohesion, communication efficacy, and cognitive conflict. It is these dynamic alterations that propel the evolution and advancement of the TMT's shared mental model. Concurrently, the TMT's shared mental model exhibits varying structural attributes at different stages of the lifecycle. Moreover, the shared mental model exerts an influence on corporate performance by modulating the behavioral integration of the TMT. The case clearly reveals the formation motivation, the structural characteristics and the Impact mechanism of enterprise Performance about the TMT shared mental model based on the life cycle.

Influence Pathways and Impacts of Different Types of Central Bank Digital Currencies on Financial Stability

Yue Li — Wed, 30 Oct 2024 00:00:00 +0800

Risks of global economic downturn and impacts of post-pandemic impacts have led effectiveness of continuous loose monetary policies by various countries to be diminishing. In response to the potential financial instability arising from long-term negative real interest rates and the inefficiency of monetary policy, countries have accelerated the research and implementation of central bank digital currencies (CBDCs). This paper analyzes the practices of different countries, focusing on retail and wholesale CBDC separately. It examines the distinct pathways and impacts of these two types of CBDC have on commercial banks.

Practice of Professional Manager System in Central Enterprises

Xiaobin Lin, Xiaofeng Zhang, Gao Zhang — Wed, 30 Oct 2024 00:00:00 +0800

The professional manager system is an important part of the reform of Chinese state-owned enterprises. By implementing a professional manager system, we can stimulate the enthusiasm of central enterprise managers and improve the efficiency of enterprise operations. This article summarizes the practical experience of the professional manager system in central enterprises in recent years, hoping to provide reference for the reform of state-owned enterprises.

International Security Governance in the Digital Era: Navigating Challenges in Conflict Prevention,Resolution, and Disaster Response

TAI LAMA MANDARAVA — Wed, 30 Oct 2024 00:00:00 +0800

With the rapid development of information technology, the framework of international security governance is undergoing profound changes, and the role of digital technology in this field is becoming increasingly significant. Utilizing big data, artificial intelligence, and other technologies for early warning of international conflicts; Using digital platforms, blockchain, digital evidence, etc. to resolve international conflicts; Utilize drones, digital platforms, and other technologies to enhance international disaster relief efforts. In the future, building a more inclusive and sustainable digital security governance system requires joint efforts from the international community.

Study on the Influence of Industrial Infrastructure Construction on Regional Quality Productive Forces-taking New Energy Automobile Industry as an Example

Jiale Zeng — Sat, 09 Nov 2024 00:00:00 +0800

Driven by the new quality productivity, the new energy automobile industry shows a broad development prospect. However, the current ratio of vehicles to piles cannot effectively support the sustainable development of this industry, and the imperfection of infrastructure construction has become an important bottleneck restricting the development of the new energy automobile industry in China, which may further affect the overall improvement of new quality productivity. Based on the panel data of 31 provinces (autonomous regions and municipalities) in China from 2016 to 2022, combined with the existing evaluation index system of new quality productivity, this paper deeply analyzes the influence of new energy vehicle infrastructure construction on regional new quality productive forces by constructing a panel random effect model. The results show that the infrastructure construction of new energy vehicles can promote the improvement of new quality productivity, and it has passed the data robustness test, showing regional heterogeneity. Based on this, it is suggested that according to the development level and demand for new quality productive forces in different regions, infrastructure construction should be moderately strengthened to provide effective policy reference for the development of regional new quality productivity.

The Influence ofThe Influence of Digital Transformation on Green Innovation of Enterprises Digital Transformation on Green Innovation of Enterprises

Yaxuan Zhou — Sat, 09 Nov 2024 00:00:00 +0800

Based on the data of all A-share listed companies from 2010 to 2023, this paper empirically investigates the influence and mechanism of digital transformation on the green innovation of enterprises. It is found that there is a significant positive correlation between digital transformation and green innovation performance of enterprises, and this conclusion still holds after the robustness test. In terms of mechanism, digital transformation promotes green innovation of enterprises by strengthening internal control. The green innovation effect of digital transformation of enterprises is heterogeneous in the nature of property rights. Non-state-owned enterprises benefit more from digital transformation. This paper enriches the related research in the field of digital transformation and green innovation and has some implications for digital technology to empower green innovation of enterprises.

Comparative Study on Stock Price Forecasting Based on Deep Learning

Yeyao Ma — Sat, 09 Nov 2024 00:00:00 +0800

Stock market forecasting has been a classic but challenging problem due to the attention of economists and computer scientists, with deep learning models being introduced as a new frontier. Stock price data has the characteristics of time series. Based on machine learning long short-term memory (LSTM) that has the advantage of analyzing the relationship between time series data, this paper proposes a stock price prediction method based on the ensemble model of LSTM in an innovative manner. At the same time, prediction models such as CNN, LSTM, Bi-LSTM, GRU, and ensemble LSTM are used to predict stock prices. Results show that the ensemble model of LSTM can provide reliable stock price prediction with the highest prediction accuracy. This forecasting method provides a new sight for stock price forecasting and injects practical experience for scholars to study financial time series data.

Research on ESG Performance and Financial Risk of A-share Listed Companies

Mingshu Huang — Sat, 09 Nov 2024 00:00:00 +0800

The purpose of this study is to explore the relationship between ESG performance and financial risks of A-share listed companies, and to analyze whether good ESG practices can help reduce financial risks. Taking A-share listed companies from 2013 to 2023 as samples, this paper examines the direct impact of ESG performance on financial risks and its mechanism through empirical analysis. On this basis, heterogeneity analysis and robustness test are carried out to ensure the wide applicability and reliability of the research results. Research shows that excellent ESG performance significantly reduces the financial risks of enterprises, and this conclusion is still valid under the background of global policy changes and increasing climate pressure. Especially for enterprises that occupy an important position in the global supply chain and face high policy uncertainty, ESG performance plays a particularly prominent role in reducing the cost of debt financing. Under the conditions of high marketization and high quality of internal control, excellent ESG performance has a more significant effect on alleviating financial risks in non-state-owned and non-heavily polluting enterprises. This study provides theoretical support for ESG investment and risk assessment under the background of globalization. The research results provide a reference for enterprise management and international investors, and help them to reasonably evaluate the impact of ESG performance on their financial stability and long-term value in the context of the current global climate policy tightening and social responsibility requirements.

The Trends and Characteristics of the Consumer Market from Black Myth: Wukong

Zhihan Zheng — Sat, 09 Nov 2024 00:00:00 +0800

Since August 2024, the game "Black Myth: Wukong" has been officially released and widely welcomed. This paper first analyzes the literature review related to online games and consumer markets, then explains the development status and problems of "Black Myth: Wukong" and the consumer market, and finally puts forward corresponding countermeasures and suggestions.

Extending the Kelly Criterion: Optimizing Multi-Investment Portfolios with Bankruptcy Risks and Real-World Return Distributions

Chenyi Wang — Sat, 09 Nov 2024 00:00:00 +0800

Kelly Criteria is a well-known method for improving capital allocation to enhance long-term wealth development. Usually supposing binary conclusions and idealized return distributions, this criterion does not completely reflect the complexity of real-world financial markets, especially in circumstances of numerous investments having various bankruptcy risks. Driven by the belief that "there is no absolute truth in science; all theorems known to mankind are simply the best summaries of nature based on current knowledge and conditions," this study proposes an extension to the Kelly Criteria, considering more realistic scenarios. By explicitly incorporating the possibility of Bankruptcy for every investment and including a bimodal distribution of returns, this work aims to present a more reasonable and effective portfolio optimization approach. Designed to maximize the expected logarithmic rise of wealth and control the inherent bankruptcy risks, the extended model offers a stronger solution for investors in today's complex financial environment. This study shows that changing the Kelly Criterion to fit these real-world conditions will produce more accurate and optimal investing plans.

Study on the Construction and Realization Path of Apple Eco-agricultural Industrial Chain

Yifan Liu, Meifang Li — Sat, 09 Nov 2024 00:00:00 +0800

With the increasing attention of the world to the sustainable development of agriculture and the continuous improvement of people's awareness of environmental protection and food safety, the construction and development of ecological agriculture industry chain has become a research hotspot in the field of agriculture. This study takes the industrial chain of apple eco-agriculture as the object, analyzes the current situation of apple industrial chain on the basis of theoretical cognition of circular economy, food chain and industrial symbiosis, and constructs the internal ecological industrial chain of apple "plant-sales" and the ecological cycle industrial chain of apple "plant-processing". Finally, It is suggested that leading enterprises and e-commerce platforms should be used to strengthen the collectivization degree of farmers, build a green and circular agricultural industry chain, and improve the scientific and technological content of fruits.

Research on the Impact of Green Credit on Corporate ESG Performance

Hanting Yang, Ran Tian — Sat, 09 Nov 2024 00:00:00 +0800

Green credit, a policy innovation, guides enterprises to engage in environmental governance, promoting economic transformation and structural adjustment. Using Chinese A-share listed companies (2009-2019) and the 2012 Green Credit Guidelines as a quasi-natural experiment, this paper examines the policy's impact on corporate ESG performance via a continuous double-difference model. Green credit is positively associated with ESG performance, improving levels after robustness tests. It forces firms to enhance ESG performance by increasing financing constraints. Heterogeneity analysis shows a significant effect in financially developed, highly regulated, and low-marketization regions. The findings suggest improving the green credit policy system, considering regional and internal factors. They provide crucial implications for promoting green credit and sustainable development.