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  • Why do listed companies in China have incentive preference of the equity finance?

    The choice of company capital structure can do great influence to the efficiency of the value and allocation of resources. In general, the finance methods comprise of internal finance and external finance, based on whether the funds come from the inside or outside of the corporation. Different market economy system and financial system determines different methods of financing and the structure of financing. This paper through the comparisons of capital structure of similar companies in ...

    Current Credit Risk Management Practices in Chinese Banking Industry

    Zheng, Hao (2008)
    ABSTRACT Bank loans can be characterized as the engine of the Chinese economy as the economy is almost financed by bank loans. As a result, Credit risk management in Chinese banks is not only the issue to those banks, but it is also essential to the stability of the whole economy. Inadequate credit risk management practices can create an unforeseeable disaster to China in the future, especially with a significant increase in credit expansion. In the last decade, the government has tried ha...

    Numerical modelling of the sorting and transport of non-uniform sediments in the swash zone

    The sorting and transport of different sediment fractions and the resulting beachface evolution over the swash zone of a beach, is numerically investigated within the framework of the shallow water theory and the active layer theory. The shallow water and Exner equations, along with the volume fraction (sorting) equation given by the active layer theory compose the system which is numerically solved using an uncoupled approach, i.e., the model assumes that changes in bed level (and volume f...

    Need Analysis of training courses related to GNSS interference in critical national infrastructure applications for GRACE

    It is clearly evident that global positioning system, more commonly known as GPS has become a part and parcel of our daily lives. This is because of the easy and cheap availability of GPS and other global navigation satellite systems (GNSS). The use of this technology can be found in surveying, maritime navigation, in-car navigation and numerous other applications. One needs to be reminded that each of the segments of any global navigation satellite systems are prone to failures of variou...

    The Impacts of Experiential and Cultural Change towards Chinese college students’ Luxury Consumption: A Cross-group Study between Domestic and Overseas Chinese students

    The past two decades have witnessed the incredible development for global luxury markets, among which emerging economics such as China had stunning appetite for luxuries since 1990s. Not only do Chinese elites purchase luxuries, but middle- and lower-class consumers also show increasing possession rate, including students. The luxury-possession is even more prevalent among overseas Chinese students compared with their domestic counterparts. Few literature works have placed focus on the attrib...
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