Annual Report analysis of Chinese rare earth-related listed companies in 2013

<正>Chinese rare earth-related listed companies have published their 2013 annual reports.It can be understood from their reports that production and operation activities of Chinese rare earth-related companies were still heavily affected by macro economy and industrial policies.They basically followed the steps of national economy.In 2013,world economy recovered slowly but the economy     

论动态市盈率对股票价格的非线性推动

通过对股票市盈率的分析，力图解释上市公司市盈率参差不齐的现象，并就动态市盈率对股票价格的推动作用，进行了初步探讨。     

Copper used on Air conditioner Replaced with Aluminum: Manufacturers Save Copper to Help Themselves Out

【正】The copper price soared by 40% in a year, thus causing loss of approximately half of profit of air conditioner enterprises. In the face of high cost,     

浅析私募股权投资在我国资源型企业改制上市中的作用

私募股权投资基金是一项金融创新，指面向特定对象非公开发行的基金，投资于未上市公司的股权，一般不谋求对被投资企业的长期控制，而是帮助被投资企业上市并在其上市后通过二级市场减持，以实现资本增值后的退出。在证券市场公开发行上市对企业的主体资格、公司治理、财务状况、未来发展等方面有非常严格的要求。而拟上市资源型企业由于历史原因，普遍存在种种不规范之处，造成上市的障碍。私募股权投资基金作为新型的金融资本不仅解决企业发展的长期资金需求、而且能完善法人治理结构、强化企业内部控制机制、通过多层次的金融服务提升企业的竞争力，促使和帮助公司解决历史遗留问题、合法规范经营，尽快达到公众公司的要求，为上市扫清障碍。     

积极推行HSE管理体系全面提高企业安全管理水平

报道中国石化山东青岛石油分公司积极推行HSE管理体系，全面提高企业管理水平的做法和所取得的成效，以及将要做好的几项工作，指出建立和实施HSE管理体系，首先领导要重视，提高认识，加强领导，全员参与，加大检查力度，加强专业培训，规范基础管理，健全规章制度。     

注重实效，重在突破，稳妥推进HSE管理体系

介绍了中国石化浙江石油分公司在运行HSE管理体系方面的做法,营造作业现场的HSE工作氛围;完善应急救援预案,增强应急处置能力;通过HSE内审,促进HSE管理体系的运行;将HSE管理体系融入基层管理各个细节。指出了在运行HSE管理体系中存在的诸如信息沟通、人员培训及考核等问题。     

有色金属行业上市公司资本结构与企业绩效的实证分析

介绍有色金属行业及其上市公司的现状 ,应用混合数据采用TSCS分析方法 ,对有色金属行业上市公司资本结构与企业绩效的关系进行实证研究。结果表明 ,有色金属行业上市公司企业绩效与资产负债率负相关。认为理性的企业行为应当是尽可能降低企业资产负债率 ,优化企业资本结构 ,提高企业绩效     

煤炭企业发展现代物流的探析

本文分析了煤炭企业物流特点和现今煤炭行业在物流管理方面存在的问题，提出了几点在煤炭企业中发展现代物流的管理措施，以提高其物流管理水平和整体经济效益。     

外资轮胎企业在中国的发展——纪念中国实行社会主义市场经济20周年

改革开放30多年来,特别是1992年开始实行社会主义市场经济之后,跨国外资轮胎企业来华发展数量及发展速度,均已创世界轮胎工业发展历史之最。详细介绍了主要外资轮胎企业的出现、形成和发展状态。最后总结了外资企业在进入和发展的三个阶段。     

The moderating effect of human resource management practices on the relationship between knowledge absorptive capacity and project performance in project-oriented companies

In response to recent calls for research on human resource management (HRM) in project management, this research investigates the links between HRM practices, the project team's knowledge absorptive capacity (ACAP) and project performance in project-oriented companies (POCs). Based on survey data from 198 projects in multinational companies (MNCs) in the Thai automotive industry, this research finds that HRM practices moderate the effects of a project team's knowledge ACAP on project performance, in particular of potential ACAP on long-run project performance. In addition, HRM practices covary with a project team's realized ACAP, the other dimension of ACAP, to affect short-run project performance. This research sheds light on the different roles that HRM practices play in a project, finding that HRM practices not only facilitate knowledge management from the current project to future projects but also strengthen the relationship between a project team's knowledge ACAP and long-term project performance. This research contributes to the understanding of HRM in the literature of project management.