Abstract:In this paper,in the context of a Cournot oligopoly with differentiated products,we analyze merger effects under two strategic delegations,and the selection of internal incentive mechanisms before and after the merger.First, we show that the firms generally have incentive for merger under any strategic delegation.The incentive for merger will become stronger when the degree of product substitution is lower,and yet the incentive for merger under decentralized delegation is lower than that under c...

Abstract:This paper develops a model of two-sided market with negative externality,to study the duopoly competition between two media firms that are both advertising-financed and consumer-financed,which provides us with an insight of describing functional mechanism,effect of differentiated strategies and equilibrium market structure.It is shown that the lower the equilibrium prices of consumers are,the larger the amounts of consumers,visiting media,and higher the prices and the larger the amounts of adve...

Abstract:The traditional corporate governance theory based on highly separated ownership has been challenged by modern economy.Relatively concentrated ownership structure is becoming a typical character of the modern corporations.Based on modern corporate governance,this paper has proved the existence of the optimal ownership structure by establishing the value model for both predominant and supervision shareholders.The research makes up the limitations of empirical analysis,and it has some significances...

Abstract:This study,by incorporating multivariate factors in psychological contract and organizational justice,investigates 512 managers from a wide variety of research sites and tests the role of procedural justice and interactional justice in the relationship between organizational psychological contract and managers' EVNL.It is found that: organizational procedural justice will moderate the relationships between organizational psychological contract violation and manager's voice;organizational interac...

Abstract:Business process management is very important for enterprise.A new business process modeling method—Business Process Net(BPN) is proposed.The theoretical model,routing technologies and algorithms of scheduling for multitask are discussed.The BPN software implementation based on J2EE technology are discussed.A successful case is given and it shows that the principles,technologies of BPN are reliable theoretical bases and efficient technical guarantee.

Abstract:In conventional retailing channels,the manufacturers not only use small retailers but also large retailers to reach final consumers. Large retailers always gain more power in the whole supply chain.With the advent of network economy,more and more manufacturers have chosen to rely on direct marketing to redesign conventional retailing channels in order to gain more profit.In this context,the study will focus on two parts:(1) how the direct marketing affects the retailing channels where large reta...

Abstract:The information asymmetry among investors has negative influences on the market efficiency.This paper studies the impact of opening B-share markets to domestic investors on the information asymmetry.We decompose the bid-ask spread into liquidity and information asymmetry components,and then compare their differences in the pre-event and post-event periods.Our results show that the opening event enhances the market liquidity,but doesn't mitigate the information asymmetry among the investors.

Abstract:This paper,by selecting 58 high frequency in Keywords knowledge management research field,analyzes the research paradigm of overseas knowledge management through co-keyword analysis.The paper discovers that there are dual paradigms and three main genres in this field,there fore the paper prognosticates that the dual paradigms will be syncretized by the new paradigm and the research of knowledge management will develop rapidly with the resource paradigm.

Abstract:Since the later stage of 1990s,emerging technology management is becoming a new research field of international academe and the research on it is vigorously outspreading in our country.This paper gives a summarization of this research field.First of all,the thesis proceeds with theory origin and it takes for that emerging technology management has close academic theory origins with technical management,and technological innovation management,but is different from their emerging subject domain;th...

Abstract:This paper,based on the statistics of the applications and fund proposals of management sciences in the National Natural Science Foundation of China(NSFC),the reasons for the rapid increase of these applications and point out the reasons are a strong demand for research funding,the development of the field of management science,and so on,Thereupon,some advises are provided at the end of the article.