2008, Vol. 22 No.3
Publication date: 25 September 2008
By taking account of values earned by social capital and corresponding cost, thi s paper aims to establish an optimal social capital investment dynamic decision model of a firm. This model also discusses the relationships between optimized l evel of social capital investment and market interest rate, time cost of social capital and wage rate. This model not only provides a framework for decision ana lysis on social capital investment, but also is a useful tool for strategic poli cy analysis.
GARCH model is used in this paper to analyze volatility comparatively in Chinese A- and B- shares market in QFII empirically. The empirical case shows that vo latility of daily yield of Chinese A- share index is remarkably lower than vola tility of daily yield of Chinese B- share index in Shanghai Stock Exchange and Shenzhen Stock Exchange in QFII.
Using half-year period tick-by-tick transaction data of Shanghai Stock Exchan ge (SSE) 50 index stocks, we empirically study price clustering on the SSE. The results indicate that price clustering is significant and exhibits the greatest effect at market opening period as for intraday pattern. Analyzing the regressio n of influence factors on price clustering, we find that stock price, volatility and each trading size have significant positive effects, and on the contrary, m arket liquidity value and daily number of trades exhibit significant negative ef fects. Finally, we also examine the clustering pattern of quote prices on the li mit order book and make some detailed analysis.
WTO is a major contribution of the Free Trade Theory, but its effects of practic e in history were disappointing. The reason is that the assumption of scarcity- oriented is in conflict with the common sense. And because of this, the mainstre am economics does not explain the dilemma of WTO, such as overproduction and tra de friction.
The essay focuses on dealing with the tax system issues of personal income tax. Referring to China's practical situation and combining with advanced experience overseas, the essay briefly discusses the reformation and improvement of persona l income tax in China. Actually, considering various facets of situations nowada ys, the compound income tax which is the best one to China is the unadvoidable c hoice of tax system reform of personal income tax in China.
Being different from corporations and government offices, universities have spec ial social functions, so they should have their own organizing frameworks. Based on the deep comprehending of the organization in a university, this paper analy zed their shortcomings, and designed a meshy hierarchy that is more suitable for a university. The framework is in favor of, compared with other architectures, accomplishing cross-link of vertical and horizontal integration, extends the fu nctions of the related departments, endows these departments with the ideas of s elf-management, share-management and dynamic management, and makes effective u se of informal organizations in university.
Political apathy is a concept opposite to political participation, which means a negative attitude in political activities, nonparticipation in political life, and disinterest in political issues. It can be concluded as political nonpartici pation. In the country of China nowadays,although the whole political diathesis of villagers has been improved greatly, political apathy still exits due to var ious factors. This paper intends to discuss political apathy in rurual election, and analyze the causes from the point of cost-benefit, then makes suggestions such as developing the rural economy, strengthening the institutional constructi on, and reducing the cost of rural election. The purpose of this paper is to inc rease villagers' political passion, make villagers understand where their politi cal benefits and social problems are, then reduce their political apathy through long-term participation in rurual election.
Constructivism is the further development from behaviorism to cognitivism. It co nsiders learning process as a certain procedure in which learners construct the very knowledge in order to make up their own experiences and demonstrations init iatively. The study theory of constructivism not only enlightens much to the lea rning of mathematical notions, but also has meaningful effects on teaching.
It is necessary to summarize the current situation and prospect of international space law at the moment when the 1967 Outer Space Treaty has entered into force for forty years. Since 1961, great achievements have been made in the lawmaking of international space law, and the jurisprudence of international space law ha s been established in the framework of United Nations Committee on the Peaceful Uses of Outer Space. However, the development of international space law has enc ountered some problems, partly due to its own defects, but most of which derives from the challenges brought by the rapid change and development of outer space activities. International space law is increasingly representing in soft law wit h the decentralized rule makers. Therefore, the relevant problems should be reso lved in conformity with its trend in development.
The development of China-ASEAN free trade area supplies opportunities for the implement of air transport liberalization in the area. Not only will it impact the original legal system of the bilateral air service agreements between China and ASEAN, but will create a trend that the management system of air service agreements develops towards multilateral liberalization. Based on China’s condition and actual needs, we should open our air transportation market to ASEAN in different stages, levels and steps and thus boost the process of the air transport liberalization in the area.
With the rapid development of air transport, the cases of compensation for inter national air crash are increasingly enlarged, and the issue of the jurisdiction relates to the determination of each case .This paper starts with differentiati ng between domestic air crash cases and international air crash cases, then anal yses the four kinds of jurisdiction provided by the Warsaw Convention 1929,an d the fifth jurisdiction added by the Montreal Convention 1999, in the end it di scusses the grounds upon which Chinese domestic courts determine the jurisdictio n of international air crash cases on top of this.
The history of tolerance develops along with the history of intolerance. The hum an desire to survive in primitive society made autocracy some kind of a necessit y when tolerance was not known to people. In the city-state era, tolerance slow ly infiltrated into people's political life. Because of the multi-gods worship, the tolerance first got the meaning of the original "freedom". While in the m iddle ages, people were panic-stricken when they heard of religion Magistrates and the publication examination was grave to the extreme but the value of tolera nce was not denied. On the contrast, it had already developed silently. "Tolera nce" in the modern political sense derives from religious tolerance in the 16th and the 17th centuries, and forms the basic principles and standards for tolera nce. Today, tolerance has gone through two major historical changes: one in the private sphere, and the other in the field of international relations.
This article analyzes Marx's human rights view basing on Marx's original works w ith the view of "Das Kapital". The view of Marxist human rights takes human ri ght as a starting point, human's full scale development as the foothold, the eco nomic development as the premise, concern for the proletariat as the goal. Basin g on these, Marx has analyzed the view of proletarian human rights philosophy fo undation, promulgated the human rights occurrence and the evolution mechanism, p roven the economic foundation of the bourgeois human rights view as well as the errors of "the talent human rights" theory.Thus laying the foundation for the working class's human rights requests.
A multi-cultural world is preconditioned by the coexistence of different cultur es and their reciprocal exchange and understanding, in which translation plays a vital role. This paper intends to confirm that in the process of cross-culture communication, the value of the culture can get acknowledged, appreciated and p romoted, which in turn, will contribute to cultural multiplication. Traditional Chinese tea culture is unique in nature. So the translation of tea classics shou ld maintain their exclusive features. This may be achieved, at least in part, th rough the foreignizing strategy. Different aspects of beauty contained in the la nguage form and genre of tea classics and their versions are analyzed to illustr ate how foreignization conveys the special features to the target readers.
Iconicity not only exists in phonology, lexicon, syntax, but also in discourse. From the following three perspectives of sequence iconicity, quantity iconicity and marked iconicity, this paper will discuss the ubiquity of iconicity in the d iscourse. In addition, this paper will analyze the cognitive basis for the exist ence of discourse iconicity.
This study investigates the "strength" of academic word knowledge of non-Engl ish majors in Beihang University, which involves the four degrees of active reca ll, passive recall, active recognition and passive recognition respectively. The test results show that, as reported by Laufer and Goldstein, passive recall is the best predictor of the students' language achievement. This study also invest igates the students' vocabulary learning attitudes and strategies. Hence it is s uggested that in the further College English reform teachers should promote lear ner autonomy, direct extensive reading outside the classroom and emphasize the l anguage use by providing the students with more communicative activities.
This paper studies national student loans of agricultural colleges taking Yangling Demonstration Zone, the only national agricultural high-tech industry, as an example. National Student Loan of agricultural colleges have many problems, such as:(1)Loans amount is limited; (2) Banks fear loan, students fear borrow;(3)Lending policies lack flexibility,(4)Related departments coordinate ineffective; (5)Defaults were high. Causes of the problems are the followings: (1) Low incomes expections of higher agricultural college students,(2) School loan services ineffectiveness; (3) Government's administrative intervention; (4) A less credit notion from students. Finally some countermeasures are proposes.
Uses from self arranges "University student Love View Investigation" the questionnaire, extracts the Luoyang Istitute of Science and Technology partial enrolled students is the object of study, in view of the love present situation, the love motive, selects a friend for marriage the standard, the love to own questions and so on influence carries on the investigation. The survey showed that college students love the phenomenon is quite common; standards tend to choose rational; love motives diversification;Some of the students lack the ability to love. In the research analysis foundation, puts forward the proposal to the university student love view education.
The cultivation of innovative talents is the crux of the innovative ability of t he nation, and is of great importance in the strategy of national innovation. A t present, the cultivation of innovative talents has been the main topic of rese arch universities; the postgraduate education plays an important role in the cul tivation of innovative talents. Firstly, the author analyzes the background of t he reform of postgraduate curriculum system; under this base, the author provide s relevant suggestions for the reform of postgraduate curriculum system and teac hing method aimed at cultivating innovative talents.