Articles in this Volume

Research Article Open Access
Explore the Impact of Sustainable Development Strategies on Green Employment
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This multiple case analyses show that sustainable development policies in both China and European countries can greatly impact the green labor market. In China, the sustainable development polices greatly impact its forestry, renewable energy, and infrastructure sector. The demand of green jobs keeps increasing from 2005 to 2020.However, the green transition process per se is painful for small coal factories and employees from carbon intensive industries. In the EU-25 area, the number of green jobs also keep increasing. Unlike China, the most environmentally polluting industries release more than 90% of carbon dioxide and greenhouse gases but only generate a small fraction of jobs (14%) in the labor market. By the end of 2030, the number of green jobs will increase up to 12 million in European countries.
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Investigating the Relationship Between Unemployment Rate and Alaska’s Unique Universal Basic Income
The distribution of the Alaska Permanent Fund Dividend (PFD) has existed for over four decades. Similar to a universal basic income PFD entitles each Alaska resident to an equitable portion of an annual government allocation. This paper examines how Alaska’s Permanent Fund Dividend impacted Alaska’s unemployment rate before and during the pandemic. It also evaluates the merits of a universal basic income before and during a pandemic. This paper demonstrates a positive association between the unemployment rate and the distribution of the Alaska Permanent Fund Dividend. As unemployment rates increase, the dependence on the additional income offered by the Alaska Permanent Fund Dividend or Universal Basic Income becomes increasingly evident. In other words, the PFD is designed to distribute the state's resource wealth among its residents and appears to function as a stabilizing influence during economic downturns. It serves as a financial safety net for individuals experiencing job losses, potentially alleviating financial strain on both individuals and families, and mitigating the adverse effects linked to elevated unemployment rates.
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Research on Human Resource Management in Improving Supply Chain Efficiency
The supply chain, being an intricate network comprising numerous connections and resources, requires the coordination of multiple aspects to guarantee its seamless operation. The involvement of human resources is crucial in this process and has a beneficial influence on the efficiency of the supply chain. Recruiting and training people who possess the necessary skills and expertise is essential for maintaining the efficient functioning of the supply chain. Additionally, effective risk management and resilience are crucial for addressing diverse challenges and potential hazards within the supply chain. This paper employs a theoretical research method mixed with the analysis of actual instances. Its aim is to offer practical counsel to organizations and provide sound recommendations for decision-making in the supply chain industry.
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Research on the Development of the Size and Structure of Government Financial Outlay in China
As an important component of government allocation, fiscal outlay not only serves as the financial foundation for maintaining government functions but also provides a comprehensive overview of the scope and content of government activities in a market economy. This article analyzes the dimensions and structure of China's government fiscal outlay by reviewing existing literature and research data. It has been observed that the overall fiscal outlay by different tiers of government in China has witnessed a consistent rise over the years, with particular emphasis on the substantial fiscal deficit rates at the local level. This phenomenon has subsequently resulted in a persistent deterioration of the fiscal imbalance. There are also numerous problems in China's fiscal outlay structure, which lags behind developed countries and needs constant optimization. In response to these fiscal issues, this article proposes measures to alleviate fiscal outlay pressure, such as further increasing fiscal system reform, appropriately adjusting the tax system, strengthening supervision of fiscal outlay, and rationally optimizing fiscal outlay structure, taking into account China's actual situation.
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The Sharing Economy: Analyses and Perspectives from an Economic Perspective
As an emerging economic model, the sharing economy has developed rapidly over the past decade, revolutionising and upgrading the way people consume goods and services. This model connects idle resources with the da roside through a technological platform, effectively improving the efficiency of resource utilisation, while also challenging the traditional market operation model. The direct impact of the sharing economy on the structure of the economy and the transformation of consumer attitudes as well as lifestyles it embodies have attracted widespread discussion and attention. This study aims to analyse in depth the nature of the sharing economy, its operating mechanism and its impact on traditional economic theory and practice from the perspective of economics, with a view to providing a comprehensive understanding and evaluation of the phenomenon.This paper adopts the methods of literature review, case analysis and comparative study to explore in depth the economic principles and practical applications of the sharing economy. The study first reviews the development history of the sharing economy and clarifies its concepts and characteristics, then analyses its impact on economic theory and market operation, and finally explores the various challenges and coping strategies in the face of the rapid development of the sharing economy. Through this research, the paper aims to provide a comprehensive analysis of the sharing economy phenomenon, offering insights and recommendations for policy makers, market participants, and academics.
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Can the Opening of High Speed Rail Boost Corporate ESG? - Empirical Evidence from China
ESG provides quantitative indicators of corporate sustainable development, which is currently an important reference basis for evaluating the development of enterprises in various countries. However, fewer scholars have studied corporate ESG performance based on the perspective of high-speed railway opening. Therefore, this paper takes China, where high-speed rail is developing rapidly, as the study area, and uses the relevant data of Chinese listed companies from 2010 to 2021 to study the relationship between high-speed rail opening and corporate ESG performance. We find that (1) the opening of high-speed rail will enhance firms' ESG performance. (2) Firms with higher external attention have better ESG performance. (3) Financing constraints play a moderating role.
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Research on Burden of Proof in Multinational Corporation Corruption Related to China
At present, the world economy is interconnected, and multinational corporation are developing rapidly. In line with the development trend of the world, China has continued to deepen its opening-up policy and attracted major multinational companies to enter the country. However, in addition to active foreign investment, it is accompanied by increasing corruption in multinational corporations. In recent years, China has also paid attention to the legislation and judiciary to prevent corruption, but there are still many problems in practice. Among all issues, the burden of proof is one of the most vital one, which profoundly affects the process and efficiency of the trial, but it has been unresolved, triggering heated discussions among scholars at home and abroad. The distribution of the burden of proof in the judicial process of anti-corruption presents two main issues: the excessive burden of proof of the plaintiff and the unclear jurisdiction of corruption in China. Then proposes to solve the above problems by appropriately introducing the inversion and transfer of the burden of proof and the case diversion before trial are put out. By further improving the evidence chain, it is committed to promoting the further advancement of China's anti-transnational-corruption cause.
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Research on the Optimal Strategy of Investment Portfolio Based on Markowitz Model
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Nowadays, investment is becoming increasingly common. Under the globalization of the economy, investors are given more investment opportunities and choices. Investors need to select excellent assets and allocate the selected asset portfolio on weight during the investment process. The mean-variance model proposed by Markowitz plays an important guiding role in investment and risk management. This model can effectively evaluate investors’ portfolio risk and return decisions and significantly impact their decision-making choices. This study uses the data of the annual average return and variance from 11 risky assets and 1 risk-free asset in about 20 years to construct an investment portfolio in a fixed group based on the Markowitz Model. The study calculates the changes in the allocation of the maximum Sharpe ratio and the minimum variance portfolios under three different constraints and one condition with the addition of risk-free assets, respectively, and then analyzes changes in the outcome of data. The capital allocation lines are introduced to analyze the outcome of an investment portfolio with risk-free assets. Compared with the changes from three constraints, reasons are explained why these changes happen under three constraints. Then, the above limitations are taken as a premise, and the study proposes recommendations for the optimal investment portfolio selection for different investors according to the investment cycle, the preference of investors based on the situation of different investors, and market constraints. The study guides investors’ future investment decisions.
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Take JD as an Example to Discuss the Impact of Digital Intelligence on Supply Chain Risk Management
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The complex and changeable global economic situation forces supply chain enterprises to strengthen risk management to deal with all kinds of emergencies. In the existing research, the impact of supply chain risk is still lack of in-depth exploration. From the perspective of intelligent transformation of enterprises, this paper takes JD as an example to analyze the problems existing in the risk management of the three supply chains of commodities, logistics, and finance, and then puts forward the corresponding solutions to the different problems in the three supply chains. This paper analyzes that the transformation of enterprise number intelligence can improve the efficiency of supply chain coordination and improve its risk management ability by establishing a shared information platform, but the imperfection of technology and the immaturity of technology application will also bring more unprecedented risks to enterprises.
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The Significance of Portfolio Management in Investment and Financial Decisions
This article mainly focuses on the role and significance of portfolio management in investment finance decision-making, first of all, portfolio management is a combination of different assets according to all aspects of the data, choose the optimal combination and investment, mainly for the control of risk and rate of return, and investment finance decisions are often directly linked to the rate of return, and at the same time pay close attention to the minimization of risk, and portfolio management Can do to minimize the risk and maximize the return, finally, through the results of the study shows that the portfolio management of the two roles of risk and return for investment management has an irreplaceable, unique role, and portfolio management for the financial market, is conducive to the rational allocation of assets, the orderly operation of the financial market, to fully protect the rights and interests of investors, through the realization of the risk and return of the reasonable allocation to meet the financial market. Reasonable allocation to meet the financial market and investors to face unexpected situations or the normal operation of the investment conditions. This paper looks at the future role and significance of portfolio management for the financial market.
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