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  • 详情 Unleashing the Power of Employee Helping Behavior: A Comprehensive Study
    Employee helping behavior is a critical aspect of organizational behavior that has been studied extensively in the literature. This study provides an integrative review and research agenda for exploring the determinants of employee helping behavior. The study addresses the current state of knowledge on the determinants of employee helping behavior, the strengths and limitations of existing theories, methods, and findings in this field of research, and avenues for future research. The study identifies the importance of considering individual and situational factors, leadership behavior and communication, recognition and reward programs, and creating a positive and supportive work environment for promoting and managing employee helping behavior in organizations. Future research directions include further examination of specific determinants, examination of individual and organizational factors, examination of cross-cultural differences, longitudinal studies, and implementation of promoting strategies. The study contributes to the development of effective strategies for promoting and managing employee helping behavior in organizations. [译]员工帮助行为是组织行为学中一个至关重要的方面,在文献中已得到广泛研究。本研究提供了一个综合性的评述和研究议程,以探索员工帮助行为的决定性因素。该研究涵盖了当前关于员工帮助行为决定因素的知识状态,现有理论、方法和研究成果在该研究领域的优势与局限性,以及未来研究的可能方向。研究指出,在组织中促进和管理员工帮助行为时,考虑个人和情境因素、领导行为和沟通、认可和奖励计划,以及创造一个积极支持性的工作环境的重要性。未来的研究方向包括进一步审查特定的决定性因素,探究个人和组织因素,研究跨文化差异,进行纵向研究,以及实施推广策略。该研究为组织中促进和管理员工帮助行为的有效策略的发展做出了贡献。
  • 详情 A Review of the Business Culture Differences between Canada and China
    Problem-solving is one of the essential purposes of many companies. The business culture of enterprises is an important basic rule for enterprises to solve many problems in their development. The business culture of an enterprise reflects the fundamental value of employees. This article is composed of three parts, including the introduction of what business culture is, the development of the business culture of Chinese and Canadian enterprises, and the comparative analysis of the business culture of the two enterprises. Confucianism profoundly influences the business culture of Chinese enterprises. Confucianism plays an essential role in China’s business culture. The characteristics of the organizational culture of Canadian enterprise groups have their particularities. It is necessary to understand the development of the business culture of enterprises in the two countries. It is also essential for readers to understand the differences in corporate culture. In addition, the author critically analyzed China and Canada’s business culture and summarized their respective shortcomings. At the practical level, this paper can provide more stable business culture construction considerations for enterprises. Nowadays, many successful enterprises offer better customer services with their unique business culture. The author believes that the competitiveness of a genuinely successful enterprise is often reflected in its services. Competitive services will bring more economic returns to enterprises. Therefore, for enterprises, a thriving business culture is crucial. [译]解决问题是众多企业的基本宗旨之一。而企业文化则是企业在发展中解决诸多问题的重要基础准则。企业文化反映了员工的基本价值。本文由三部分组成,包括企业文化介绍、中加两国企业文化的发展和两国企业文化的对比分析。儒家思想深刻影响着中国的企业文化,并在其中扮演着至关重要的角色。加拿大企业集团的组织文化特征具有其独特性。了解两国企业文化的发展是十分必要的,同时也便于读者理解企业文化之间的差异。此外,作者对中加企业文化进行了批判性分析,总结了各自的不足之处。在实践层面上,本文能够为企业构建更为稳健的企业文化提供考量。如今,众多成功的企业以其独特的企业文化为客户提供更优质的服务。作者认为,真正成功的企业,其竞争力往往体现在服务上。具有竞争力的服务将为企业带来更多的经济回报。因此,对于企业而言,繁荣的企业文化至关重要。
  • 详情 Navigating the Post-COVID Market: A Prospective Analysis of Foreign Trade in the Pearl River Delta, China
    This paper aims to evaluate the market prospects for foreign trade enterprises in the Pearl River Delta (PRD) region of China in the post-COVID era. Despite challenges posed by the pandemic, the market outlook for PRD is positive with global economy projected to recover and high demand for high-tech products such as elect ronics, machinery, and chemicals from developed countries. PRD businesses have adapted to changing market conditions and disruptions in the supply chain, and the Chinese government’s “Dual Circulation” strategy presents new opportunities for PRD foreign trade enterprises by boosting domestic consumption and market demand. To maintain competitiveness, businesses in the region need to adapt to the new normal and take advantage of market opportunities. [译]本文旨在评估后疫情时代中国珠江三角洲(PRD)地区外贸企业的市场前景。尽管疫情带来了挑战,但PRD的市场前景仍然乐观,全球经济预计将复苏,发达国家对电子、机械和化学品等高科技产品的需求也很高。PRD企业已经适应了不断变化的市场条件和供应链的中断,而中国政府的“双循环”战略通过促进国内消费和市场需求,为PRD外贸企业提供了新的机遇。为了保持竞争力,该地区的企业需要适应新常态,并利用市场机遇。
  • 详情 Revisit the Nexus between Saving and Inequality in Labor Intensive Economies: Evidence from China
    Using an extended overlapping generations (OLG) model, we theoretically prove that functional inequality resulting from weak labor bargaining power can be a key driver of high saving rates, as observed in China and other labor- abundant Asian emerging markets. Income distribution that favors capital over labor may attract excess capital investments and hence lead to high saving rates. The link between inequality and saving is especially prominent for the household sector because excess return on capital motivates the working-age population to increase their retirement savings. We also find empirical support for our theoretical predictions using China’s sectoral-level data.
  • 详情 Interbank borrowing and bank liquidity risk
    To avoid illiquidity spillovers and basis risk in swaps, interbank lenders are especially cautious about whether interbank borrowers can meet their claims. We examine whether the incentive of interbank lenders to penalize risky borrowers can reduce borrowers' liquidity risk taking. We find that interbank borrowers, especially small and medium banks, manage their liquidity risks more prudently than their counterparts. This phenomenon is especially significant for borrowers with high information asymmetry, low liquidity buffers, and high funding gaps. Our results suggest that interbank exposure reduces the asset, funding, and off‐balance‐sheet liquidity risks of small and medium borrowing banks, and can therefore supplement regulatory liquidity requirements, which target only the largest banks.
  • 详情 Bank competition, interest rate pass-through and the impact of the global financial crisis: evidence from Hong Kong and Macao
    We examine the interest rate pass-through in Hong Kong (HK) and Macao to see if the monetary policy transmission mechanism has been impaired since the Global Financial Crisis (GFC). Our results show that, in the post-GFC period, both the long-run and short-run interest rate pass-through from policy rates to prime rates have disappeared in Macao and weakened significantly in HK. The long-term relationship between deposit rates and policy rates no longer exists in either market while the short-term relationship has been reduced significantly. The results indicate that the effectiveness of the monetary policy in HK and Macao has been seriously undermined after the GFC and alternative monetary policy tools were needed.
  • 详情 Are “too big to fail” banks just different in size? – A study on systemic risk and stand-alone risk
    This study shows that investment decisions drive tail risks (i.e., systemic risk and stand-alone tail risk) of TBTF (Too-Big-to-Fail) banks, while financing decisions determine tail risks of non-TBTF banks. After the Dodd-Frank Act, undercapitalized non-TBTF banks continue to gamble for resurrection, and their stand-alone tail risk become more sensitive to funding availability and net-stable-funding-ratio than TBTF banks. We show that implementing a slimmed-down version of TBTF regulations on non-TBTF banks cannot efficiently contain the stand-alone risk of non-TBTF banks and cannot eliminate TBTF privilege. Moreover, non-TBTF banks together generate larger pressure of contagion on the real economy, and they herd more when making financing decisions after the Act. Our findings highlight the need for enhanced regulations on the liability-side of non-TBTF banks.
  • 详情 Not All Bank Liquidity Creation Boosts Prices ⎯ The Case of the US Housing Markets
    This paper is about investigating how different bank liquidity creation activities affect housing markets. Using data of 401 metropolitan statistical areas/metropolitan statistical area divisions (MSAs/MSADs) of the U.S. between 1990 and 2018, we show that not all bank liquidity creation activities boost the housing markets. In particular, unlike asset- side and off-balance sheet liquidity creations, funding-side liquidity creation dampens housing markets. The relationships between liquidity creation activities and housing markets are stronger in regions with inelastic house supply, but flip when banks face external liquidity shocks. We also find that housing markets dominated by large banks are more sensitive to off-balance sheet liquidity creation activities. Finally, as expected, asset-side and off-balance sheet liquidity creations boost housing markets by driving house prices away from fundamental values. Our results offer a more thorough explanation of how bank liquidity creation fuels the momentum of housing markets.
  • 详情 The Normative Impact of Environmental Regulation on the Ecological Efficiency of Digital Enterprises: A Perspective on Human Capital and R&D
    Based on the perspective of human capital and technology R & D regulation, this paper adopts the unexpected output super efficiency SBM model to calculate the ecological efficiency of digital enterprises in 30 provinces in China from 2010 to 2019, analyzes its spatial correlation, and empirically explores the driving factors of the ecological efficiency of Chinese digital enterprises under the role of environmental regulation. The results show that during the research period, the overall level of ecological efficiency of digital enterprises in China can be divided into three stages: gentle stage (2010-2014), trough stage (2014-2017) and fluctuation stage (2017-2019), and the eastern region > the central region > the western region; The ecological efficiency of China's digital enterprises as a whole shows a ladder like evolution law of decreasing from southeast to northwest, with significant spatial agglomeration and "block" characteristics; Environmental regulation has a lag effect on the ecological efficiency of digital enterprises, and the lag period inhibits the improvement of the ecological efficiency of digital enterprises; The level of human capital and the level of scientific and technological research and development have significant threshold characteristics. When the level of human capital is used as a threshold variable, the impact of environmental regulation on the ecological efficiency of digital enterprises is "U" shaped. When the level of scientific and technological research and development exceeds a certain threshold, environmental regulation has a negative impact on the ecological efficiency of digital enterprises.
  • 详情 Research on the Mechanism Involved in Urban Inclusiveness and Resident Entrepreneurship: Evidence from China
    Based on three key principles, "equity, openness, and sharing," this paper assesses the relationship, and the internal mechanism driving the relationship, between urban inclusiveness and resident entrepreneurship. This includes constructing an urban inclusiveness index, and analyzing data from the 2018 China General Social Survey (CGSS). The key results indicate that multi-perspective urban inclusiveness has a significant positive effect on resident entrepreneurship. The mechanism analysis shows that urban inclusiveness can improve the probability of residents being entrepreneurial, by improving risk attitude, promoting class mobility, and expanding social networks. A heterogeneity analysis shows that urban inclusiveness has a significant impact on the entrepreneurial choice of local residents, and low-class and high-class residents; urban inclusiveness has no significant impact on the entrepreneurial choice of transient residents and middle-class residents. In addition, urban inclusiveness plays a more significant role in promoting residents’ choice of survival entrepreneurship, compared with opportunistic entrepreneurship. The research conclusions have important policy implications for constructing inclusive cities and for promoting innovation and entrepreneurship vitality.