Small and Medium-sized Enterprises (SMEs) are considered the backbone of global economy, but they often face cyberthreats which threaten their financial stability and operational continuity. This work aims to offer a ...Small and Medium-sized Enterprises (SMEs) are considered the backbone of global economy, but they often face cyberthreats which threaten their financial stability and operational continuity. This work aims to offer a proactive cybersecurity approach to safeguard SMEs against these threats. Furthermore, to mitigate these risks, we propose a comprehensive framework of practical and scalable cybersecurity measurements/protocols specifically for SMEs. These measures encompass a spectrum of solutions, from technological fortifications to employee training initiatives and regulatory compliance strategies, in an effort to cultivate resilience and awareness among SMEs. Additionally, we introduce a specially designed a Java-based questionnaire software tool in order to provide an initial framework for essential cybersecurity measures and evaluation for SMEs. This tool covers crucial topics such as social engineering and phishing attempts, implementing antimalware and ransomware defense mechanisms, secure data management and backup strategies and methods for preventing insider threats. By incorporating globally recognized frameworks and standards like ISO/IEC 27001 and NIST guidelines, this questionnaire offers a roadmap for establishing and enhancing cybersecurity measures.展开更多
This study investigates the critical intersection of cyberpsychology and cybersecurity policy development in small and medium-sized enterprises (SMEs). Through a mixed-methods approach incorporating surveys of 523 emp...This study investigates the critical intersection of cyberpsychology and cybersecurity policy development in small and medium-sized enterprises (SMEs). Through a mixed-methods approach incorporating surveys of 523 employees across 78 SMEs, qualitative interviews, and case studies, the research examines how psychological factors influence cybersecurity behaviors and policy effectiveness. Key findings reveal significant correlations between psychological factors and security outcomes, including the relationship between self-efficacy and policy compliance (r = 0.42, p β = 0.37, p < 0.001). The study identifies critical challenges in risk perception, policy complexity, and organizational culture affecting SME cybersecurity implementation. Results demonstrate that successful cybersecurity initiatives require the integration of psychological principles with technical solutions. The research provides a framework for developing human-centric security policies that address both behavioral and technical aspects of cybersecurity in resource-constrained environments.展开更多
As a key sector in advancing China’s“carbon neutrality”goal,the machinery manufacturing industry has achieved remarkable development in recent years.Against this backdrop,the scientific and objective evaluation of ...As a key sector in advancing China’s“carbon neutrality”goal,the machinery manufacturing industry has achieved remarkable development in recent years.Against this backdrop,the scientific and objective evaluation of the financial performance of machinery manufacturing enterprises has become a pressing issue in financial research.This topic is not only crucial for optimizing enterprise management and improving operational efficiency but also essential for enhancing overall industry performance and promoting sustainable development.This paper first introduces the concept of financial performance,followed by an analysis of related financial performance evaluation theories.It then focuses on the application of the entropy method in evaluating the financial performance of machinery manufacturing enterprises,detailing its analytical steps.Finally,a financial performance evaluation index system is constructed based on four dimensions:profitability,solvency,operational efficiency,and growth potential.展开更多
Focusing on the theme of"Chinese Enterprises Participating in Overseas Exhibitions",China Council for the Promotion of International Trade (CCPIT) Think Tank produced the Report on Chinese Enterprises Partic...Focusing on the theme of"Chinese Enterprises Participating in Overseas Exhibitions",China Council for the Promotion of International Trade (CCPIT) Think Tank produced the Report on Chinese Enterprises Participating in Overseas Exhibitions2024 by analyzing the sample survey data of Chinese enterprises participating in key overseas exhibitions in 2024.This issue extracts and sorts out the top 10 cities of Chinese enterprises participating in overseas exhibitions in2024.展开更多
A briefing on policy was held by the State Council Information Office of China on February 20.At the briefing,Zhou Weijun,Director General of the Credit Supervision and Management Department,State Administration for M...A briefing on policy was held by the State Council Information Office of China on February 20.At the briefing,Zhou Weijun,Director General of the Credit Supervision and Management Department,State Administration for Market Regulation(SAMR),expounded the policy on the participation of foreign-owned enterprises in the development and revision of standards for the large-scale equipment upgrade and consumer goods trade-in programs.展开更多
In October 2023,Chinese President Xi Jinping emphasized that it is necessary to promote the high-quality development of the joint construction of the Belt and Road Initiative and build a global connectivity partnershi...In October 2023,Chinese President Xi Jinping emphasized that it is necessary to promote the high-quality development of the joint construction of the Belt and Road Initiative and build a global connectivity partnership at the third Belt and Road Forum for International Cooperation.展开更多
The NIST Cybersecurity Framework (NIST CSF) serves as a voluntary guideline aimed at helping organizations, tiny and medium-sized enterprises (SMEs), and critical infrastructure operators, effectively manage cyber ris...The NIST Cybersecurity Framework (NIST CSF) serves as a voluntary guideline aimed at helping organizations, tiny and medium-sized enterprises (SMEs), and critical infrastructure operators, effectively manage cyber risks. Although comprehensive, the complexity of the NIST CSF can be overwhelming, especially for those lacking extensive cybersecurity resources. Current implementation tools often cater to larger companies, neglecting the specific needs of SMEs, which can be vulnerable to cyber threats. To address this gap, our research proposes a user-friendly, open-source web platform designed to simplify the implementation of the NIST CSF. This platform enables organizations to assess their risk exposure and continuously monitor their cybersecurity maturity through tailored recommendations based on their unique profiles. Our methodology includes a literature review of existing tools and standards, followed by a description of the platform’s design and architecture. Initial tests with SMEs in Burkina Faso reveal a concerning cybersecurity maturity level, indicating the urgent need for improved strategies based on our findings. By offering an intuitive interface and cross-platform accessibility, this solution aims to empower organizations to enhance their cybersecurity resilience in an evolving threat landscape. The article concludes with discussions on the practical implications and future enhancements of the tool.展开更多
To promote energy conservation,emission reduction,and sustainable development in thermal power enterprises,this study conducted a detailed analysis of the problems existing in measurement management in these enterpris...To promote energy conservation,emission reduction,and sustainable development in thermal power enterprises,this study conducted a detailed analysis of the problems existing in measurement management in these enterprises and explored targeted solutions.The analysis found that,faced with increasingly stringent environmental protection requirements and urgent needs to improve energy efficiency,thermal power enterprises must address the current issues in energy measurement management.They should actively respond to the national call for energy conservation and emission reduction,continuously optimize energy measurement management processes,improve energy utilization efficiency,reduce unnecessary energy consumption and emissions,and lay a solid foundation for the green transformation and sustainable development of the industry.展开更多
ESG(Environmental,Social,and Governance)performance has emerged as a central metric in assessing corporate sustainability.Utilizing ESG rating data for A-share listed companies on the Shanghai Stock Exchange spanning ...ESG(Environmental,Social,and Governance)performance has emerged as a central metric in assessing corporate sustainability.Utilizing ESG rating data for A-share listed companies on the Shanghai Stock Exchange spanning from 2019 to 2022,coupled with measures of corporate transformation and upgrading,this study introduces green innovation as a mediating variable to dissect the impact of ESG ratings on corporate transformation and upgrading.The key findings of this research are as follows:(1)ESG ratings positively influence corporate transformation and upgrading,a conclusion that retains robustness after a comprehensive series of tests and discussions on endogeneity.(2)Mechanism analysis reveals that ESG ratings foster corporate transformation and upgrading by enhancing corporate green innovation.(3)In comparison with other industries,the influence of ESG ratings on corporate transformation and upgrading is notably more pronounced among heavily polluting industries among listed companies in China.Additionally,ESG ratings exhibit a more significant promotional effect on non-state-owned enterprises compared to state-owned enterprises.Larger enterprises play a more substantial role in transformation and upgrading than small and medium-sized enterprises.The promotional effect of ESG ratings is more evident in enterprises with poor information disclosure quality.Furthermore,as media attention increases,so does the impact of ESG ratings on corporate transformation.This study offers valuable policy insights from the ESG rating perspective,aiming to propel corporate transformation and upgrading,thereby contributing to economic high-quality and sustainable development.展开更多
Objective To empirically analyze the relationship between Government R&D funding and R&D investment of the enterprises in different sub industries of pharmaceutical industry,and to provide reference for the de...Objective To empirically analyze the relationship between Government R&D funding and R&D investment of the enterprises in different sub industries of pharmaceutical industry,and to provide reference for the development of policies related to R&D funding input.Methods Granger causality test was performed using the data of relevant indicators in different sub industries of China’s pharmaceutical industry from 1995 to 2019 based on the theory of covariance.Results and Conclusion The funding of R&D from the government had a significant positive effect on their R&D funding inputs to enterprises with chemo products,Chinese patent products,and biological products.It means the improvement of government funding was beneficial in promoting the R&D investment from various sub industries of pharmaceutical industry.The order of this influence was biological products,chemo products,and Chinese patent drugs.As to chemical drugs and biological products,the government’s R&D funding and enterprises R&D funding input showed a good trend of mutual promotion in a certain lag period.The government can fully leverage its funding to promote the investment of all sub industries of pharmaceutical industry.Meanwhile,regulatory mechanisms should be refined for government funding.For the inheritance,innovation,and development of traditional Chinese medicine,the government should give more policy support than financial support.展开更多
With the acceleration of global economic integration and the rapid development of cross-border e-commerce,an increasing number of foreign trade enterprises are encountering new market opportunities and challenges.In r...With the acceleration of global economic integration and the rapid development of cross-border e-commerce,an increasing number of foreign trade enterprises are encountering new market opportunities and challenges.In recent years,the“full custody”model has gradually emerged,providing one-stop service support for cross-border e-commerce enterprises.While this model reduces operational difficulties,it also introduces new requirements for the business models of Chinese foreign trade enterprises.This paper examines how foreign trade enterprises can respond to the opportunities and challenges presented by the full custody model from five key perspectives:background analysis,business layout adjustments,marketing channel innovation,digital and intelligent empowerment,and flexible operational strategies.The findings aim to provide insights into the sustainable development of foreign trade enterprises within the cross-border e-commerce ecosystem.展开更多
In the energy industry landscape,thermal power generation stands as a critical energy supply method,and the safety of its construction and operation is paramount.Currently,all stages of the life cycle of construction ...In the energy industry landscape,thermal power generation stands as a critical energy supply method,and the safety of its construction and operation is paramount.Currently,all stages of the life cycle of construction projects have garnered widespread attention.Among these,the infrastructure construction and operation phases of thermal power generation enterprises pose numerous issues worthy of in-depth study in terms of safety production management.This article starts by examining safety production management during these two phases,analyzing characteristics such as management models,legal bases,and responsible entities.It explores the reasons behind these characteristics and elaborates on key management priorities,providing a comprehensive and insightful reference for safety production management in thermal power generation enterprises.展开更多
This paper aims to investigate the extent to which Malaysian small- and medium-sized enterprises （SMEs） adopted corporate governance （CG） principles and their effects on firm performance. The principles examined i...This paper aims to investigate the extent to which Malaysian small- and medium-sized enterprises （SMEs） adopted corporate governance （CG） principles and their effects on firm performance. The principles examined included： establishing clear roles and responsibilities; strengthening composition; and reinforcing independence. The paper is based on a questionnaire survey study among 113 SMEs that consisted of 35% （39） of manufacturing and related services and 65% （74） from services including information and communication technology （ICT）, primary agriculture, construction, mining, and quarrying. The analysis of the data indicates that 32% of the respondents said that the primary reason why they have their own business is to have control over their own working life. This fmding appears to confirm the f＇mancing theory that SMEs owners have other goals than profitability. In addition, 30% of SMEs perceived that the most important role played by the board is risk management; hence, these boards have a greater control over financial risks that may lead to better financial performance. The analysis also shows that 81% of the respondents＇ board consisted of internal board members only. These enterprises need to see the important role of external board members as a source of advice providers and experts to them. For policies relating to clear roles and responsibilities of board, only 28% of the respondents established clear functions reserved for the board and those delegated to management; substantial respondents did not draw up policies relating to reinforce board independency （between 75% and 79%） and to strengthen board composition （46%）. Besides, 68% of the respondents have the position of chairman and CEO held by same individuals and 81% of the chairman is an executive member of the board. These findings suggest that SMEs cannot see the importance of strengthening board and having independent board members. Regression analysis also indicates that board independence has a significant and positive impact on firm performance. Hence, SMEs need to appreciate networking advantages, competency, and strategic knowledge that the right board can offer. The governmental ministries and agencies in Malaysia need to take active measures to encourage SMEs to strengthen their board governance, because SMEs are the important economic powers for stimulating national economic growth. This paper contributes to the empirical literatures on the adoption of CG principles and their effects on SMEs＇ firm performance in emerging markets.展开更多
The role of small and medium enterprises （SMEs） in the economy of a country was quite strategic, however the tightness of the competition, has allowed the SMEs into disadvantageous position. The SMEs need a precise ...The role of small and medium enterprises （SMEs） in the economy of a country was quite strategic, however the tightness of the competition, has allowed the SMEs into disadvantageous position. The SMEs need a precise accounting information system, thus the SMEs could improve the accuracy, validation data, productivity, and the competitiveness of enterprises. The problem of this research is how the SMEs accounting information systems in a cluster of Kampung Batik Laweyan Surakarta. To develop accounting information systems in a SMEs cluster of Kampung Batik Laweyan Surakarta, this research used research and development （R＆D） method. Data obtained through analysis of the company＇s business processes. Results of data analysis used to develop accounting information systems in a SMEs cluster of Kampung Batik Laweyan Surakarta. Accounting information system development consists of the structure of SMEs organizations, the general design of accounting information systems of the SMEs, flowchart and documentation of the SMEs accounting information systems, and accounting software of the SMEs展开更多
There are three varieties of symbiotic modes of SMEs and large enterprises based on symbiosis energy,including commensalisms,asymmetry mutualism and symmetry mutualism.The symbiotic mediums(such as stock ownership,con...There are three varieties of symbiotic modes of SMEs and large enterprises based on symbiosis energy,including commensalisms,asymmetry mutualism and symmetry mutualism.The symbiotic mediums(such as stock ownership,contract,trust,etc.) have an important influence on symbiotic modes.From the angle of symbiotic medium view,there are some measures that promote symbiotic modes toward symmetry mutualism,such as optimizing stock ownership structure of subsidiary company,promoting mid-system organization growth,building good faith cultural atmosphere.展开更多
The topic investigated competition in marketing as a survival yardstick for small and medium enterprises （SMEs） in Nigeria. The objectives addressed by this study were： （1） identifying different types and intensi...The topic investigated competition in marketing as a survival yardstick for small and medium enterprises （SMEs） in Nigeria. The objectives addressed by this study were： （1） identifying different types and intensity of competition that SMEs are exposed to along the life-cycle portfolio in Nigeria; （2） quantifying the strength of SMEs vis-a-vis some foreign enterprises in terms of market competition; and （3） proffering solutions on how best they could match competitively these foreign enterprises. Relevant models and theories were employed in literature to evolve detailed analysis of issues relating to the variables used in terms of competition in marketing and survival of juice-producing SMEs. Two hypotheses were investigated through the survey of 20 prominent Ikeja based SMEs using Cluster sampling, 5-points Likert summated rating scale was adopted, while Yard＇s formula with 95% confidence level and 5% error tolerance was used. Alternative form validity of the instrument was measured at 0.63 while its reliability was measured at Cronbach＇s alpha of 0.70. Pearson＇s product-moment correlation was used in testing hypothesis 1 while standard multiple regressions were used to test hypothesis 2. Findings revealed that there was strong relationship between survival of juice-producing SMEs with forms of competition on a firm＇s life-cycle; while competition had positive effects on survival components for the enterprises. It was concluded that since competition subsists in any firm＇s life-cycle, strategies to support operations for survival must be adopted. It was recommended that operators of SMEs have to monitor and manage competition as it affects their businesses positively and/or negatively.展开更多
This paper examines the relationship between small- and medium-sized enterprises＇ （SMEs） entrepreneurs＇ perceptions towards a proper accounting system with the level of accounting staff recruited, preparation of f...This paper examines the relationship between small- and medium-sized enterprises＇ （SMEs） entrepreneurs＇ perceptions towards a proper accounting system with the level of accounting staff recruited, preparation of final accounts, meetings with accounting staff, and entrepreneurs＇ ranking of accounting according to their priority. The methodology used to gather the data is survey questionnaire. It has been distributed to SMEs based on simple random sampling method. Three hundred businesses were selected from the total of 3,390 businesses listed in Kuala Lumpur, Malaysia area obtained from Small and Medium Industries Development Corporation （SMIDEC） website and a few random selected from Ampang and Cheras areas. Regression analysis has been used to analyze the data. The results of the study reveal that there was a significant relation between SMEs entrepreneurs＇ perceptions on the importance of a good accounting system and the level of professional accounting staff recruited. Furthermore, findings of this study also found that there was an insignificant relationship between SMEs entrepreneurs＇ perceptions on the importance of a good accounting system and preparation of final accounts of the company and frequency of meetings with accounting staff.展开更多
The small- and medium-sized enterprises （SMEs） are crucial to economic growth, especially in post-socialist transitional countries or new emerging market economies. The development of SMEs depends on the ability of ...The small- and medium-sized enterprises （SMEs） are crucial to economic growth, especially in post-socialist transitional countries or new emerging market economies. The development of SMEs depends on the ability of those firms to invest and grow. Based upon an SME survey conducted by Riinvest Institute at the end of 2010, this paper seeks to provide answers on determinants of SMEs to invest in Kosovo, based on an econometric model which identifies the key determinants of SMEs＇ investment. The econometric evidence suggests a positive relationship between investment and the size and age of the company. Also, the decision of the firm to invest depends on the future business plans; if entrepreneurs have optimistic views about the future of the business, this encourages them to invest. The manufacturing and trade sectors invest more, so do exporting firms, which may be because of bigger market opportunities. Access to external sources of finance is another significant determinant of investment, suggesting that firms which gained credit invested more than other firms in the sample.展开更多
Family businesses, which aim at surviving today, have to deal with a precise modality： To ensure their continuity, entrepreneurs have to ensure the transfer of leadership from one generation to another inside of them...Family businesses, which aim at surviving today, have to deal with a precise modality： To ensure their continuity, entrepreneurs have to ensure the transfer of leadership from one generation to another inside of them. We do believe that this matter is worth being analyzed, since the succession, from one generation to another, can be considered as a crucial variable in maintaining family small- and medium-sized enterprises （SMEs） over time. Therefore, after investigating the main features, problems, and factors leading to the succession processes, in the second part of this article, an empirical analysis will be carried out, by comparing several European countries on the basis of data from the European Commission. This article contributes to enriching, from a theoretical point of view, the conceptual framework used for investigating the dynamics in the continuity of SMEs. Moreover, empirically, it contributes to the increasing literature on family businesses by comparing several European countries in order to understand what originates the longevity of family SMEs.展开更多
Entrepreneurship has become an attribute of the current growth without business activities. Entrepreneurship is a global world. It is not possible to think about economic driving force of technological development and...Entrepreneurship has become an attribute of the current growth without business activities. Entrepreneurship is a global world. It is not possible to think about economic driving force of technological development and scientific research. It materializes knowledge and involvement of people and society. Expansion of business activities is a source of individual country＇s economic performance. It contributes to the development of people＇s living standards. In every market economy, it represents an irreplaceable role for small and medium-sized enterprises （SMEs）. A strong representation of＂micro-enterprises＂ can be found in the field of personal services. Companies within the course of their existence go through particular stages of their development--from their foundation through the stage of steady development. After this stage, there comes their decline that can develop even into their termination. We indicate this process as a company life cycle. The aim of the submitted project is to map the life cycle of particularly chosen companies providing accommodation and catering services and to find a mutual relation among observed quantities and their stable economic positions in the market. The analysis is based on the data of macro-economic character, the data about development of receipts in the sector, development of inflation, tempo of economic growth, and development of consumer prices. Out of a company, non-financial factors will also be considered. The core of the analysis is the stage of sustainable stability of the assessed companies. The point of the findings is revelation of the causes of risks of possible transition into the stage of termination due to the decline of services volume, decline of profitability, and long-lasting payment insolvency. The contribution of the project is to draw our attention to possible risks of critical situation development and to propose how to avoid them so that the company will not occur in financial straits. Achieved information could assist the company management to make relevant decisions.展开更多
文摘Small and Medium-sized Enterprises (SMEs) are considered the backbone of global economy, but they often face cyberthreats which threaten their financial stability and operational continuity. This work aims to offer a proactive cybersecurity approach to safeguard SMEs against these threats. Furthermore, to mitigate these risks, we propose a comprehensive framework of practical and scalable cybersecurity measurements/protocols specifically for SMEs. These measures encompass a spectrum of solutions, from technological fortifications to employee training initiatives and regulatory compliance strategies, in an effort to cultivate resilience and awareness among SMEs. Additionally, we introduce a specially designed a Java-based questionnaire software tool in order to provide an initial framework for essential cybersecurity measures and evaluation for SMEs. This tool covers crucial topics such as social engineering and phishing attempts, implementing antimalware and ransomware defense mechanisms, secure data management and backup strategies and methods for preventing insider threats. By incorporating globally recognized frameworks and standards like ISO/IEC 27001 and NIST guidelines, this questionnaire offers a roadmap for establishing and enhancing cybersecurity measures.
文摘This study investigates the critical intersection of cyberpsychology and cybersecurity policy development in small and medium-sized enterprises (SMEs). Through a mixed-methods approach incorporating surveys of 523 employees across 78 SMEs, qualitative interviews, and case studies, the research examines how psychological factors influence cybersecurity behaviors and policy effectiveness. Key findings reveal significant correlations between psychological factors and security outcomes, including the relationship between self-efficacy and policy compliance (r = 0.42, p β = 0.37, p < 0.001). The study identifies critical challenges in risk perception, policy complexity, and organizational culture affecting SME cybersecurity implementation. Results demonstrate that successful cybersecurity initiatives require the integration of psychological principles with technical solutions. The research provides a framework for developing human-centric security policies that address both behavioral and technical aspects of cybersecurity in resource-constrained environments.
文摘As a key sector in advancing China’s“carbon neutrality”goal,the machinery manufacturing industry has achieved remarkable development in recent years.Against this backdrop,the scientific and objective evaluation of the financial performance of machinery manufacturing enterprises has become a pressing issue in financial research.This topic is not only crucial for optimizing enterprise management and improving operational efficiency but also essential for enhancing overall industry performance and promoting sustainable development.This paper first introduces the concept of financial performance,followed by an analysis of related financial performance evaluation theories.It then focuses on the application of the entropy method in evaluating the financial performance of machinery manufacturing enterprises,detailing its analytical steps.Finally,a financial performance evaluation index system is constructed based on four dimensions:profitability,solvency,operational efficiency,and growth potential.
文摘Focusing on the theme of"Chinese Enterprises Participating in Overseas Exhibitions",China Council for the Promotion of International Trade (CCPIT) Think Tank produced the Report on Chinese Enterprises Participating in Overseas Exhibitions2024 by analyzing the sample survey data of Chinese enterprises participating in key overseas exhibitions in 2024.This issue extracts and sorts out the top 10 cities of Chinese enterprises participating in overseas exhibitions in2024.
文摘A briefing on policy was held by the State Council Information Office of China on February 20.At the briefing,Zhou Weijun,Director General of the Credit Supervision and Management Department,State Administration for Market Regulation(SAMR),expounded the policy on the participation of foreign-owned enterprises in the development and revision of standards for the large-scale equipment upgrade and consumer goods trade-in programs.
文摘In October 2023,Chinese President Xi Jinping emphasized that it is necessary to promote the high-quality development of the joint construction of the Belt and Road Initiative and build a global connectivity partnership at the third Belt and Road Forum for International Cooperation.
文摘The NIST Cybersecurity Framework (NIST CSF) serves as a voluntary guideline aimed at helping organizations, tiny and medium-sized enterprises (SMEs), and critical infrastructure operators, effectively manage cyber risks. Although comprehensive, the complexity of the NIST CSF can be overwhelming, especially for those lacking extensive cybersecurity resources. Current implementation tools often cater to larger companies, neglecting the specific needs of SMEs, which can be vulnerable to cyber threats. To address this gap, our research proposes a user-friendly, open-source web platform designed to simplify the implementation of the NIST CSF. This platform enables organizations to assess their risk exposure and continuously monitor their cybersecurity maturity through tailored recommendations based on their unique profiles. Our methodology includes a literature review of existing tools and standards, followed by a description of the platform’s design and architecture. Initial tests with SMEs in Burkina Faso reveal a concerning cybersecurity maturity level, indicating the urgent need for improved strategies based on our findings. By offering an intuitive interface and cross-platform accessibility, this solution aims to empower organizations to enhance their cybersecurity resilience in an evolving threat landscape. The article concludes with discussions on the practical implications and future enhancements of the tool.
文摘To promote energy conservation,emission reduction,and sustainable development in thermal power enterprises,this study conducted a detailed analysis of the problems existing in measurement management in these enterprises and explored targeted solutions.The analysis found that,faced with increasingly stringent environmental protection requirements and urgent needs to improve energy efficiency,thermal power enterprises must address the current issues in energy measurement management.They should actively respond to the national call for energy conservation and emission reduction,continuously optimize energy measurement management processes,improve energy utilization efficiency,reduce unnecessary energy consumption and emissions,and lay a solid foundation for the green transformation and sustainable development of the industry.
文摘ESG(Environmental,Social,and Governance)performance has emerged as a central metric in assessing corporate sustainability.Utilizing ESG rating data for A-share listed companies on the Shanghai Stock Exchange spanning from 2019 to 2022,coupled with measures of corporate transformation and upgrading,this study introduces green innovation as a mediating variable to dissect the impact of ESG ratings on corporate transformation and upgrading.The key findings of this research are as follows:(1)ESG ratings positively influence corporate transformation and upgrading,a conclusion that retains robustness after a comprehensive series of tests and discussions on endogeneity.(2)Mechanism analysis reveals that ESG ratings foster corporate transformation and upgrading by enhancing corporate green innovation.(3)In comparison with other industries,the influence of ESG ratings on corporate transformation and upgrading is notably more pronounced among heavily polluting industries among listed companies in China.Additionally,ESG ratings exhibit a more significant promotional effect on non-state-owned enterprises compared to state-owned enterprises.Larger enterprises play a more substantial role in transformation and upgrading than small and medium-sized enterprises.The promotional effect of ESG ratings is more evident in enterprises with poor information disclosure quality.Furthermore,as media attention increases,so does the impact of ESG ratings on corporate transformation.This study offers valuable policy insights from the ESG rating perspective,aiming to propel corporate transformation and upgrading,thereby contributing to economic high-quality and sustainable development.
文摘Objective To empirically analyze the relationship between Government R&D funding and R&D investment of the enterprises in different sub industries of pharmaceutical industry,and to provide reference for the development of policies related to R&D funding input.Methods Granger causality test was performed using the data of relevant indicators in different sub industries of China’s pharmaceutical industry from 1995 to 2019 based on the theory of covariance.Results and Conclusion The funding of R&D from the government had a significant positive effect on their R&D funding inputs to enterprises with chemo products,Chinese patent products,and biological products.It means the improvement of government funding was beneficial in promoting the R&D investment from various sub industries of pharmaceutical industry.The order of this influence was biological products,chemo products,and Chinese patent drugs.As to chemical drugs and biological products,the government’s R&D funding and enterprises R&D funding input showed a good trend of mutual promotion in a certain lag period.The government can fully leverage its funding to promote the investment of all sub industries of pharmaceutical industry.Meanwhile,regulatory mechanisms should be refined for government funding.For the inheritance,innovation,and development of traditional Chinese medicine,the government should give more policy support than financial support.
文摘With the acceleration of global economic integration and the rapid development of cross-border e-commerce,an increasing number of foreign trade enterprises are encountering new market opportunities and challenges.In recent years,the“full custody”model has gradually emerged,providing one-stop service support for cross-border e-commerce enterprises.While this model reduces operational difficulties,it also introduces new requirements for the business models of Chinese foreign trade enterprises.This paper examines how foreign trade enterprises can respond to the opportunities and challenges presented by the full custody model from five key perspectives:background analysis,business layout adjustments,marketing channel innovation,digital and intelligent empowerment,and flexible operational strategies.The findings aim to provide insights into the sustainable development of foreign trade enterprises within the cross-border e-commerce ecosystem.
文摘In the energy industry landscape,thermal power generation stands as a critical energy supply method,and the safety of its construction and operation is paramount.Currently,all stages of the life cycle of construction projects have garnered widespread attention.Among these,the infrastructure construction and operation phases of thermal power generation enterprises pose numerous issues worthy of in-depth study in terms of safety production management.This article starts by examining safety production management during these two phases,analyzing characteristics such as management models,legal bases,and responsible entities.It explores the reasons behind these characteristics and elaborates on key management priorities,providing a comprehensive and insightful reference for safety production management in thermal power generation enterprises.
文摘This paper aims to investigate the extent to which Malaysian small- and medium-sized enterprises （SMEs） adopted corporate governance （CG） principles and their effects on firm performance. The principles examined included： establishing clear roles and responsibilities; strengthening composition; and reinforcing independence. The paper is based on a questionnaire survey study among 113 SMEs that consisted of 35% （39） of manufacturing and related services and 65% （74） from services including information and communication technology （ICT）, primary agriculture, construction, mining, and quarrying. The analysis of the data indicates that 32% of the respondents said that the primary reason why they have their own business is to have control over their own working life. This fmding appears to confirm the f＇mancing theory that SMEs owners have other goals than profitability. In addition, 30% of SMEs perceived that the most important role played by the board is risk management; hence, these boards have a greater control over financial risks that may lead to better financial performance. The analysis also shows that 81% of the respondents＇ board consisted of internal board members only. These enterprises need to see the important role of external board members as a source of advice providers and experts to them. For policies relating to clear roles and responsibilities of board, only 28% of the respondents established clear functions reserved for the board and those delegated to management; substantial respondents did not draw up policies relating to reinforce board independency （between 75% and 79%） and to strengthen board composition （46%）. Besides, 68% of the respondents have the position of chairman and CEO held by same individuals and 81% of the chairman is an executive member of the board. These findings suggest that SMEs cannot see the importance of strengthening board and having independent board members. Regression analysis also indicates that board independence has a significant and positive impact on firm performance. Hence, SMEs need to appreciate networking advantages, competency, and strategic knowledge that the right board can offer. The governmental ministries and agencies in Malaysia need to take active measures to encourage SMEs to strengthen their board governance, because SMEs are the important economic powers for stimulating national economic growth. This paper contributes to the empirical literatures on the adoption of CG principles and their effects on SMEs＇ firm performance in emerging markets.
文摘The role of small and medium enterprises （SMEs） in the economy of a country was quite strategic, however the tightness of the competition, has allowed the SMEs into disadvantageous position. The SMEs need a precise accounting information system, thus the SMEs could improve the accuracy, validation data, productivity, and the competitiveness of enterprises. The problem of this research is how the SMEs accounting information systems in a cluster of Kampung Batik Laweyan Surakarta. To develop accounting information systems in a SMEs cluster of Kampung Batik Laweyan Surakarta, this research used research and development （R＆D） method. Data obtained through analysis of the company＇s business processes. Results of data analysis used to develop accounting information systems in a SMEs cluster of Kampung Batik Laweyan Surakarta. Accounting information system development consists of the structure of SMEs organizations, the general design of accounting information systems of the SMEs, flowchart and documentation of the SMEs accounting information systems, and accounting software of the SMEs
基金National planning of philosophy and social science(12BJY072):The global value chain and the upgrading of labor intensive industrial cluster
文摘There are three varieties of symbiotic modes of SMEs and large enterprises based on symbiosis energy,including commensalisms,asymmetry mutualism and symmetry mutualism.The symbiotic mediums(such as stock ownership,contract,trust,etc.) have an important influence on symbiotic modes.From the angle of symbiotic medium view,there are some measures that promote symbiotic modes toward symmetry mutualism,such as optimizing stock ownership structure of subsidiary company,promoting mid-system organization growth,building good faith cultural atmosphere.
文摘The topic investigated competition in marketing as a survival yardstick for small and medium enterprises （SMEs） in Nigeria. The objectives addressed by this study were： （1） identifying different types and intensity of competition that SMEs are exposed to along the life-cycle portfolio in Nigeria; （2） quantifying the strength of SMEs vis-a-vis some foreign enterprises in terms of market competition; and （3） proffering solutions on how best they could match competitively these foreign enterprises. Relevant models and theories were employed in literature to evolve detailed analysis of issues relating to the variables used in terms of competition in marketing and survival of juice-producing SMEs. Two hypotheses were investigated through the survey of 20 prominent Ikeja based SMEs using Cluster sampling, 5-points Likert summated rating scale was adopted, while Yard＇s formula with 95% confidence level and 5% error tolerance was used. Alternative form validity of the instrument was measured at 0.63 while its reliability was measured at Cronbach＇s alpha of 0.70. Pearson＇s product-moment correlation was used in testing hypothesis 1 while standard multiple regressions were used to test hypothesis 2. Findings revealed that there was strong relationship between survival of juice-producing SMEs with forms of competition on a firm＇s life-cycle; while competition had positive effects on survival components for the enterprises. It was concluded that since competition subsists in any firm＇s life-cycle, strategies to support operations for survival must be adopted. It was recommended that operators of SMEs have to monitor and manage competition as it affects their businesses positively and/or negatively.
文摘This paper examines the relationship between small- and medium-sized enterprises＇ （SMEs） entrepreneurs＇ perceptions towards a proper accounting system with the level of accounting staff recruited, preparation of final accounts, meetings with accounting staff, and entrepreneurs＇ ranking of accounting according to their priority. The methodology used to gather the data is survey questionnaire. It has been distributed to SMEs based on simple random sampling method. Three hundred businesses were selected from the total of 3,390 businesses listed in Kuala Lumpur, Malaysia area obtained from Small and Medium Industries Development Corporation （SMIDEC） website and a few random selected from Ampang and Cheras areas. Regression analysis has been used to analyze the data. The results of the study reveal that there was a significant relation between SMEs entrepreneurs＇ perceptions on the importance of a good accounting system and the level of professional accounting staff recruited. Furthermore, findings of this study also found that there was an insignificant relationship between SMEs entrepreneurs＇ perceptions on the importance of a good accounting system and preparation of final accounts of the company and frequency of meetings with accounting staff.
文摘The small- and medium-sized enterprises （SMEs） are crucial to economic growth, especially in post-socialist transitional countries or new emerging market economies. The development of SMEs depends on the ability of those firms to invest and grow. Based upon an SME survey conducted by Riinvest Institute at the end of 2010, this paper seeks to provide answers on determinants of SMEs to invest in Kosovo, based on an econometric model which identifies the key determinants of SMEs＇ investment. The econometric evidence suggests a positive relationship between investment and the size and age of the company. Also, the decision of the firm to invest depends on the future business plans; if entrepreneurs have optimistic views about the future of the business, this encourages them to invest. The manufacturing and trade sectors invest more, so do exporting firms, which may be because of bigger market opportunities. Access to external sources of finance is another significant determinant of investment, suggesting that firms which gained credit invested more than other firms in the sample.
文摘Family businesses, which aim at surviving today, have to deal with a precise modality： To ensure their continuity, entrepreneurs have to ensure the transfer of leadership from one generation to another inside of them. We do believe that this matter is worth being analyzed, since the succession, from one generation to another, can be considered as a crucial variable in maintaining family small- and medium-sized enterprises （SMEs） over time. Therefore, after investigating the main features, problems, and factors leading to the succession processes, in the second part of this article, an empirical analysis will be carried out, by comparing several European countries on the basis of data from the European Commission. This article contributes to enriching, from a theoretical point of view, the conceptual framework used for investigating the dynamics in the continuity of SMEs. Moreover, empirically, it contributes to the increasing literature on family businesses by comparing several European countries in order to understand what originates the longevity of family SMEs.
文摘Entrepreneurship has become an attribute of the current growth without business activities. Entrepreneurship is a global world. It is not possible to think about economic driving force of technological development and scientific research. It materializes knowledge and involvement of people and society. Expansion of business activities is a source of individual country＇s economic performance. It contributes to the development of people＇s living standards. In every market economy, it represents an irreplaceable role for small and medium-sized enterprises （SMEs）. A strong representation of＂micro-enterprises＂ can be found in the field of personal services. Companies within the course of their existence go through particular stages of their development--from their foundation through the stage of steady development. After this stage, there comes their decline that can develop even into their termination. We indicate this process as a company life cycle. The aim of the submitted project is to map the life cycle of particularly chosen companies providing accommodation and catering services and to find a mutual relation among observed quantities and their stable economic positions in the market. The analysis is based on the data of macro-economic character, the data about development of receipts in the sector, development of inflation, tempo of economic growth, and development of consumer prices. Out of a company, non-financial factors will also be considered. The core of the analysis is the stage of sustainable stability of the assessed companies. The point of the findings is revelation of the causes of risks of possible transition into the stage of termination due to the decline of services volume, decline of profitability, and long-lasting payment insolvency. The contribution of the project is to draw our attention to possible risks of critical situation development and to propose how to avoid them so that the company will not occur in financial straits. Achieved information could assist the company management to make relevant decisions.
