High Dividend Rates Can Not Contribute to Long Investment Horizons: The Chinese Evidence
In: Academy of Taiwan Business Management Review, Volume (1)
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In: Academy of Taiwan Business Management Review, Volume (1)
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In: Land use policy: the international journal covering all aspects of land use, Volume 138, p. 107029
ISSN: 0264-8377
In: Economics Bulletin, Forthcoming
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In: Forthcoming, Economic Development and Cultural Change
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Very few studies currently exist on the long-term impacts of schooling policies in developing countries. This paper examines the impacts -- half a century later -- of a mass education program conducted by the Democratic Republic of Vietnam in the occupied areas during the First Indochina War. Difference-in-difference estimation results suggest that school-age children who were exposed to the program obtained significantly higher levels of education than their peers who were residing in French-occupied areas. The impacts are statistically significant for school-age girls and not for school-age boys. The analysis finds beneficial spillover and inter-generational impacts of education: affected girls enjoyed higher household living standards, had more educated spouses, and raised more educated children. The paper discusses various robustness checks and extensions that support these findings.
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Very few studies currently exist on the long-term impacts of schooling policies in developing countries. We examine the impacts—half a century later—of a mass education program conducted by the Democratic Republic of Vietnam in the occupied areas during the First Indochina War. Difference-in-difference estimation results suggest that school-age children who were exposed to the program obtained significantly higher levels of education than their peers who were residing in French-occupied areas. The impacts are statistically significant for school-age girls and not for school-age boys. We find beneficial spillover and inter-generational impacts of education: affected girls enjoyed higher household living standards, had more educated spouses, and raised more educated children. We discuss various robustness checks and extensions that support these findings.
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Despite extensive research on change management in Western corporations, there have been relatively few studies on Chinese corporations. This thesis aims to fill the gap by providing a longitudinal case study analysis of The Haier Group (Haier), because of its distinctive performance in organisational change and management innovation. The thesis answers the central research question, "What were the factors driving the management of change in the Haier Group during the four phases of its development from 1984 to 2013?" In order to answer the central question, a longitudinal case study methodology was adopted. Face to face interviews with Haier employees, managers and scholars were carried out and primary, secondary and tertiary sources were analysed in order to investigate how leadership and organisational change evolved in response to key policy changes and competitive pressures. The theoretical framework adopted in this research is based on Dunphy and Stace's (2001) contingency model of leadership and organisational change, which provides a useful explanatory framework for the shifts in leadership style during Haier's four developmental phases, as outlined in the chapters of this thesis. Based on the analysis, this thesis argues that leadership, government policy and management fads, including Total Quality Management (TQM) and Business Process Reengineering (BPR), emerge as the key drivers of change. The leader, Zhang Ruimin, played the role of the change agent, who applied different leadership and management strategies according to the context. Therefore, this study concludes that the leader was the central driver of change, who steered Haier through each stage of its development. Unlike Western companies, whose leadership changes frequently, leadership in Chinese public-owned corporations is comparatively stable and consistent over a long period of time, which mirrors the stability in Chinese political leadership. The case of Haier, which had one leader for three decades, reflects the pattern of leadership ...
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In: Suetens , C , Latour , K , Kärki , T , Ricchizzi , E , Kinross , P , Moro , M L , Jans , B , Hopkins , S , Hansen , S , Lyytikainen , O , Reilly , J , Deptula , A , Zingg , W , Plachouras , D , Monnet , D L & Healthcare-Associated Infections Prevalence Study Group 2018 , ' Prevalence of healthcare-associated infections, estimated incidence and composite antimicrobial resistance index in acute care hospitals and long-term care facilities: results from two European point prevalence surveys, 2016 to 2017 ' , Eurosurveillance , vol. 23 , no. 46 , 1800516 . https://doi.org/10.2807/1560-7917.ES.2018.23.46.1800516
Point prevalence surveys of healthcare-associated infections (HAI) and antimicrobial use in the European Union and European Economic Area (EU/EEA) from 2016 to 2017 included 310,755 patients from 1,209 acute care hospitals (ACH) in 28 countries and 117,138 residents from 2,221 long-term care facilities (LTCF) in 23 countries. After national validation, we estimated that 6.5% (cumulative 95% confidence interval (cCI): 5.4–7.8%) patients in ACH and 3.9% (95% cCI: 2.4–6.0%) residents in LTCF had at least one HAI (country-weighted prevalence). On any given day, 98,166 patients (95% cCI: 81,022–117,484) in ACH and 129,940 (95% cCI: 79,570–197,625) residents in LTCF had an HAI. HAI episodes per year were estimated at 8.9 million (95% cCI: 4.6–15.6 million), including 4.5 million (95% cCI: 2.6–7.6 million) in ACH and 4.4 million (95% cCI: 2.0–8.0 million) in LTCF; 3.8 million (95% cCI: 3.1–4.5 million) patients acquired an HAI each year in ACH. Antimicrobial resistance (AMR) to selected AMR markers was 31.6% in ACH and 28.0% in LTCF. Our study confirmed a high annual number of HAI in healthcare facilities in the EU/EEA and indicated that AMR in HAI in LTCF may have reached the same level as in ACH.
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Orchestration: piccolo, 3 flutes, 3 oboes, English horn, 3 clarinets in B-flat, bass clarinet, 3 bassoons, contrabassoon, 6 horns in F, 5 trumpets (1-2 in D, 3-5 in C), 2 tenor trombones, 2 bass trombones, 2 tubas, timpani, percussion (xylophone, snare drum, bass drum, 2 taiko drums, tam-tam, large temple gong, medium temple gong, 3 Rin Gongs (24", 20" and 16"), hyoshigi), koto, piano, soprano solo, and stringsThe genesis of the symphony dates back to the fall of 2015, at the conclusion of a vacation in Japan. Having toured the ancient Imperial capital of Kyoto, the bustling metropolis of Tokyo, and the serene beauty of Hakone, I felt the desire to compose a work set in Japan, with music that accurately depicts the history and picturesque landscapes. However, it was not until a year later that I began work on the initial material. Before I knew the music would become a symphony, the idea was to compose a dramatic opera in 5 acts, titled Masayo To Masashi. The work follows the stories of two characters, a husband and a wife, who are separated when the former is drafted into military service. Masashi, the husband, is sent to fight on Iwo Jima, where he is instructed to fight until death. Meanwhile, Masayo endures numerous tragedies, including the bombing of Tokyo. Both, however, survive their various conflicts and are given false news of each other's demise. After the war, a heartbroken Masashi returns to Japan, only to discover Masayo is indeed alive. The opera concludes brightly, with both characters looking to the future with optimism and hope. Despite the creation of a promising plot to an Opera, I decided to set the music to a symphony first, focusing specifically on Masayo's perspective. The result are five highly-connected movements that are a narrative of their own though familiar and reoccurring themes, motifs, and instrumental solos. Several instruments — such as the piano, solo flute, taiko drums, and koto — assume the role of various characters in the Opera, while a soprano solo assumes the role of Masayo. I think of this symphony as an operetta without words, that is, until the fifth and final movement when the soprano joins the orchestra. The first movement imitates an overture of an opera, designed to thrust the audience back to Japan in the year 1945. At roughly three minutes in length, it is the shortest movement of the symphony. Even eighth-note patterns in asymmetrical intervals clash against heavy dotted-eight-note patterns, paying homage to ancient court music of Kyoto. Tension is built harmonically as each eighth-note pattern passes, ultimately landing on a soft violin harmonic. The mood changes significantly, with the music growing more haunting and sparse. The movement ends leading in to its successor, with a final statement of the eighth-note pattern melting away as lower strings grow in volume, imitating an air-raid siren and the ominous sound of B-29 squadrons. Beginning where the first movement left off, the second, titled 3-9-45, sets to music the infamous firebombing of Tokyo. All of the orchestral forces engage together in violent passages and flurries of notes over the course of several minutes, until the orchestra is interrupted by the trumpets, imitating the air-raid siren. This "eye of the storm" moment does not last long, with the orchestra stirring itself up again to conclude the movement in the manner in which it began.The third movement is a flashback in time, returning to the years before the war began. Titled Kaisō, or Reminiscence, the overall mood is serene and calm. The koto and piano make their first appearance in this movement, while the solo flute and strings accompany both. The "sakura" theme (a prominent and reoccurring melody throughout the symphony representing harmony and peace) reveals itself several times throughout the movement. However, the promise of peace is hindered by harmonies that contain subtle tension, a reminder the plot is looking to the past and is not of the present. Overall, the third movement is a "flower between two chasms", serving as a buffer between the turbulent second movement, and the horrors that lie ahead in the fourth. Similar in nature to the second movement, the mood of the fourth is consumed with agony and despair. Although not as frantic as the second, the fourth makes up with dense orchestration and unpredictable tempo changes. Titled Nenshō, or Burning, the music reflects the hellish conditions that resulted from the bombing campaign. The movement continues from the third without pause, as the dreamlike state of the third melts away slowly, ushering in darker and more menacing sounds. Finally, with a sudden, sharp chord consisting of brass and woodwinds, the turbulence resumes. The horrors unleashed in this movement are not constant, however, with a sudden interruption of material related to the third appearing without warning. Like the transition of the third movement to the fourth, this interruption melts away like fire to wax, picking up speed at a rapid pace, finishing the movement with tremendous volume and intensity.Similar to the final movement of Shostakovich's controversial Symphony no. 4, the fifth movement is by far the longest and weightiest. A threnody, the beginning nature of the music is dark and heavy. Japanese tradition is demonstrated from the start, with the sound of a traditional Shinto Rin Gong, struck 3 times: a symbolic call to the spirits. After approximately 28 minutes of music from the beginning of the symphony, the soprano finally joins the orchestra, assuming the role of Masayo from my opera-in-development, Masayo To Masashi. She sings to her dead loved ones and ancestors, with her vocal lines noticeably static and bleak. Having survived the bombing of Tokyo, she is war-torn and shellshocked. Some of the saddest moments of the entire symphony occur in this movement, for example, when a lonely piano passage accompanied by a single note held by the 1st violins appears out of nowhere, representing the spirit of Masayo's dead child calling out to his mother. Despite many melancholy moments, the movement progressively becomes more optimistic and positive. By the end of the threnody, Masayo sings of hope and a future, while nevertheless still aware of her dark past. With the ominous and reoccurring "E" pitch — representing pain and suffering — long gone, the mood and style of the third movement returns, insuring the audience that the darkness and turmoil of the previous music is forever gone, and only replaced by peace and tranquility.
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In: Economic Development and Cultural Change, Volume 70, Issue 1, p. 453-484
ISSN: 1539-2988
In: Problems & perspectives in management, Volume 22, Issue 1, p. 578-592
ISSN: 1810-5467
This study aims to explore the research landscape and identify the main research directions related to the topic of trade remedies. The research data were collected by accessing the Scopus database with 289 documents and the WoS database with 75 documents published from 1950 to 2023. After processing the data overlap, 290 documents were used as the final sample for the study. The study employed descriptive statistical analysis; bibliometric analysis was conducted using the VOSviewer 1.6.20 software. The results indicate that publications on the topic of trade remedies have been relatively scarce, but diverse research has been conducted in various countries worldwide. The period from 2007 to 2023 has seen significant development in the quantity of both articles and citations related to the topic. Additionally, the study reveals three main research directions related to the development of different aspects of trade remedies. These include research on specific measures of trade remedies (anti-dumping, countervailing measures, safeguard measures, and reactive and preventive trade defense measures), research on the use of tariffs as a tool for implementing trade remedies in the field of renewable energy, and research on resolving international trade disputes in the agricultural sector.
AcknowledgmentThis collaborative research involves scholars from the University of Law – Hue University and Duy Tan University. The authors extend their gratitude to both institutions for their support and assistance in facilitating the publication of this research. 
In: Administrative Sciences: open access journal, Volume 12, Issue 4, p. 145
ISSN: 2076-3387
Corporate universities are increasingly being established in response to corporate dissatisfaction with the knowledge provided by traditional universities. While some argue that they may pose the greatest threat to traditional universities, others propose that corporate universities might provide better undergraduate-level education than traditional universities. To this end, this research tries to answer the following research question: can integrating corporation education into traditional universities provide better educational outcomes? Using a sample of 40,563 firm-year observations from 2001 to 2019 and exploiting the unique setting of Japanese corporate universities, the authors find that the CEOs who are graduates of corporate universities significantly underperform compared to their counterparts graduating from traditional universities. The results are robust under various alternative estimations, such as general method of moments (GMM) IV regressions and propensity score matching. Overall, the results indicate that integrating corporation needs into traditional higher education will lead to lower individual productivity.
In: Global Economy and Finance Journal, Volume 7, Issue 2
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In: World Bank Policy Research Working Paper No. 8480
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Working paper
This study aims to estimate the level of satisfaction about resettlement arrangements for local people who have been affected by A Luoi hydroelectric construction project in the Thua Thien Hue province. This research used the Likert scale method to assess the satisfaction level of 98 households living in two of the resettlement sites. Results illustrate that there is variations in the level of satisfaction of local people in the two resettlement sites, Hong Thuong and Hong Ha. In the resettlement area (RA) of the Hong Thuong Commune, people are dissatisfied with the location arrangement. There is a lack of quality in the houses built, been damaged, cracked and degraded, since the construction design is not appropriate for the customs and practices of local people, with a satisfaction rating of 1.07. Meanwhile, at the resettlement site of the Hong Ha commune, people felt satisfied with the arrangement site of the RA and allocated residential land area with the satisfaction rating of 4.19. Our results will help the government, as well as the project owners, to understand the points of dissatisfaction of local people in order to have accordant solutions, ensuring the stable life for local people in those settlement areas. ; Nghiên cứu này nhằm mục đích đánh giá được mức độ hài lòng của người dân về việc bố trí tái định cư (TĐC) cho người dân bị ảnh hưởng bởi dự án xây dựng thuỷ điện A Lưới, tỉnh Thừa Thiên Huế. Nghiên cứu đã sử dụng phương pháp thang đo Likert để đánh giá mức độ hài lòng của 98 hộ dân sống tại hai khu tái định cư Hồng Thượng và Hồng Hạ. Kết quả nghiên cứu đã cho thấy có sự khác nhau về mức độ hài lòng của người dân tại hai khu TĐC. Tại khu TĐC Hồng Thượng người dân thấy không hài lòng về địa điểm bố trí TĐC, nhà ở được xây dựng thiếu chất lượng đã bị hư hỏng, nứt nẻ xuống cấp, thiết kế xây dựng không phù hợp với phong tục, tập quán của người dân địa phương, với chỉ số đánh giá hài lòng là 1,07. Trong khi đó, tại khu TĐC xã Hồng Hạ người dân lại thấy hài lòng về điểm bố trí TĐC và diện tích đất ở được cấp, với chỉ số đánh giá hài lòng là 4,19. Kết quả nghiên cứu của đề tài sẽ giúp cho chính quyền cũng như chủ đầu tư dự án nắm rõ những điểm không hài lòng của người dân để có hướng giải quyết phù hợp nhằm đảm bảo cuộc sống ổn định cho người dân tại nơi tái định cư.
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