Technical manager is the key to improve performance with innovation, but literature lacks of research about the influence of the characteristics of technical manager on performance. Based on the sample coming from Shaanxi private tech enterprise of China, it shows that the length of work of technical manager has positive impacts on both the innovative performance and financial performance.Taking the industry into account, the education level of technical manager would improve the innovative performance of company in manufacturing and information industry.Therefore, paying attention to the length of work and education level of technical manager is important to improve the innovative and financial performance of private technical enterprise.
The influence of network media on social economy becomes more and more important, but the existing literature lacks the analysis of the path about the impact of network media on stock returns. With the listed companies on Shenzhen Stock Exchange of China and the network media reports about them, the paper studies the transfer path of network media attention on stock returns. The results show that the impact of network media attention on stock returns occurs through the middle variables of volume and stock price, implying investors are more likely to be attracted by the high degree of network media attention, which lead to frequent transactions and stock price decline. The paper also shows that the cause and the transmission path are basically in line with the theory of over-attention under performance hypothesis, and the media effect exists.
The literature on the relationships between board attributes and corporate performance is mixed, and one important reason is that the intermediate variable, i.e., board behaviors is ignored. This paper empirically researches the impact of board behaviors on board performance based on a survey in China. Our results show that the conflict of the board has significant positive effect on the strategic role of the board and insignificant positive effect on the monitoring of the board, and that the use of knowledge and effort norms of the board have insignificant positive effects on board performance. Based on our empirical investigation, the monitoring of China Securities Regulatory Commission on board behaviors is meaningful largely in terms of the form rather than the substance. Thus, there is a long way to go to regulate the board behaviors of listed companies in China.
With the development of economy, energy is more and more important around the world, especially in developing countries such as China. How to use limited energy effectively is an important issue not only for consumer and enterprise, but also for government. In academic and practice field, making use of energy saving product is an interesting topic. This paper studies the consuming decision of customers for energy saving product and the impacts of tax and subsidy policy on it. By setting up a series models, the results show that the consuming decision of energy saving product is not only related with its using period of time, consuming cost, but also related with tax and subsidy on it. Moreover, for rational customers, we put forth the conditions that they have the incentive to buy and use energy saving product. Therefore, in order to make use of limited energy and improve its using efficiency, it is necessary for the government to lower the price of energy saving product through policy such as tax and subsidy.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.