Risk management and risk control for state-owned firms of China

As global economic integration deepens and enterprises scale up their business, the enterprise groups have become the mainstream of the company's development form. Subsidiaries of the Company have grown in size and increasingly diversified. Thus how does the parent Company control its subsidiaries effectively has become an urgent challenge, especially for the state-owned enterprises in China. This thesis studies the management and control of state-owned enterprises in China, carrying certain theoretical and practical significance. The research examined the theory and mechanism of management of SOEs, and evaluation on employee performance. It also analyzed performance evaluation, coordination and risk control strategies of SOEs' subsidiaries. The same studies were repeated on state-owned enterprise groups and extended to the strategies of risk management and risk control. The thesis first examined the conundrum of effective cooperation between subsidiaries of different departments and the parent company for efficient allocation of resources. To tackle this headache, the IAHP and DEA model were adopted to help group decision makers better measure the performance of employees and organizations. The thesis used the Balanced Scorecard (BSC) tool as the main principle and the combination of fuzzy mathematics and Delphi and entropy weight methods as the main methodology to assess the performance. In addition, a novel method of using multi-reasoning, multi-dimensional and dynamic factors was developed to assess the performance of SOE employees, and this method was proven to be effective. Moreover, the super-efficiency DEA model which takes into account work performance, work ability, work attitude, job potential and other factors in the evaluation on employee performance was developed and tested. Finally, risk map for SOEs was proposed and evaluated

Using quantum spherical fuzzy decision support system as a novel sustainability index approach for analyzing industries listed in the stock exchange

This study aims to identify critical factors of the sustainability index (SI) and evaluate the industries listed in the stock exchange based on the performance of this index. For this purpose, a new fuzzy decision-making model has been created. Firstly, 12 different criteria for the SI are weighted by decision using trial and evaluation laboratory (DEMATEL) methodology based on quantum spherical fuzzy sets (QFS) with golden cut. Secondly, SI performances of the 10 industry alternatives are ranked by extended technique for order of preference: according to similarity through an ideal solution (TOPSIS) with QFS. The main novelty of this study is to identify significant sustainability criteria for the companies to join this index with an original fuzzy decision-making methodology. For this purpose, the analysis results help the companies to act without incurring extreme costs. It is determined that the usage of renewable energy has a significant impact on all other criteria, and while using clean energy, the companies get a chance to improve other criteria of SI. Additionally, based on the weighting results, the use of renewable energy is the most critical criterion to be included in SI. Similarly, recovery of the resources also has a significant contribution. Finally, the ranking results indicate that communication and IT is the most successful industry for SI. Hence, it would be appropriate for businesses to attach importance to the use of renewable energy. In this way, the carbon emission problem would be minimized, and the image of businesses will rise in the eyes of both consumers and investors. In this framework, companies can join microgrid energy management systems to handle high-cost problems of renewable energy investment projects. Owing to microgrid energy applications, the costs of using renewable energy can be shared with other companies, and since this situation can reduce the cost per unit, it will be possible to increase the use of renewable energy.Istanbul Medipol Universit

Internet+ Logistics in Chinese Non-Timber Forest Products Online Stores

Electronic commerce (E-commerce) has become an international phenomena nowadays. Especially in China, due to the country’s size, large population and culture, the consumption-driven economic growth plays a more fundamental role than in many other countries, which gives higher requirements for the development of modern logistics. The rapid development of Chinese e-commerce, has made online shopping a very important part in people’s daily life as it is cheaper and more convenient than to buy things from traditional stores. At the same time, the Chinese government gives strong support to E-commerce in its economic development strategy. In March 2015 an E-commerce idea called Internet Plus (Internet+) was officially announced by the Chinese Prime Minister as an important government business strategy in the future economic development plan. The idea does not only aim to develop a new type of economics, but also to improve the traditional economics. The new strategy can decrease enterprises’ cost and increase overall operating efficiency. Behind the high development speed of the e-commerce, logistics is a very important factor to ensure the success of the online business and it is necessary to realize which factors under E-commerce Logistics takes the biggest part and has the most weight among all logistics features. In this study, I will concentrate on Internet+ Logistics, which derived from E-commerce Logistics. Evaluate the logistics performance of 364 online none timber forest products (NTFPs) stores from Alibaba online shopping mall names Tmall. The study can be seen as complete and conceptual, both in the academic and the practical field. By using entropy weight method, Topsis analysis and cross analysis, I analyze the weights of different levels indexes in Internet+ Logistics performance and also get total scores and ranking of sample online stores, in order to understand the important factors and the development trend in Internet+ Logistics. My study reveals, that some indexes such as service can largely influence the performance of online store logistics, which are the most important elements of Internet+ Logistics. The proposed framework enriches the theory of network marketing and gives directions to business owners to make improvements on the logistics quality of their online stores

Машинне навчання для прогнозування динаміки емерджентних економік

This is an introductory text to a collection of selected papers and revised from the M3E2 2021: 9th International Conference on Monitoring, Modeling & Management of Emergent Economy, which held in Odessa National University of Economics, Odessa, Ukraine, on the May 26-28, 2021. It consists of introduction, conference review and some observations about the event and its future.Це вступний текст до збірника вибраних доповідей, підготовленого за матеріалами 9-ї Міжнародної конференції з моніторингу, моделювання та управління емерджентною економікою M3E2 2021: 9th International Conference on Monitoring, Modeling & Management of Emerging Economy, яка відбулася 26-28 травня 2021 року в Одеському національному економічному університеті, м. Одеса, Україна. Він складається зі вступу, огляду конференції та деяких спостережень щодо заходу та його майбутнього

A Comprehensive Survey on Enterprise Financial Risk Analysis: Problems, Methods, Spotlights and Applications

Enterprise financial risk analysis aims at predicting the enterprises' future financial risk.Due to the wide application, enterprise financial risk analysis has always been a core research issue in finance. Although there are already some valuable and impressive surveys on risk management, these surveys introduce approaches in a relatively isolated way and lack the recent advances in enterprise financial risk analysis. Due to the rapid expansion of the enterprise financial risk analysis, especially from the computer science and big data perspective, it is both necessary and challenging to comprehensively review the relevant studies. This survey attempts to connect and systematize the existing enterprise financial risk researches, as well as to summarize and interpret the mechanisms and the strategies of enterprise financial risk analysis in a comprehensive way, which may help readers have a better understanding of the current research status and ideas. This paper provides a systematic literature review of over 300 articles published on enterprise risk analysis modelling over a 50-year period, 1968 to 2022. We first introduce the formal definition of enterprise risk as well as the related concepts. Then, we categorized the representative works in terms of risk type and summarized the three aspects of risk analysis. Finally, we compared the analysis methods used to model the enterprise financial risk. Our goal is to clarify current cutting-edge research and its possible future directions to model enterprise risk, aiming to fully understand the mechanisms of enterprise risk communication and influence and its application on corporate governance, financial institution and government regulation

Збірник наукових праць 9-ї Міжнародної конференції з моніторингу, моделювання та управління емерджентною економікою (M3E2-MLPEED 2021). Одеса, Україна, 26-28 травня 2021 р.

Збірник наукових праць 9-ї Міжнародної конференції з моніторингу, моделювання та управління емерджентною економікою (M3E2-MLPEED 2021). Одеса, Україна, 26-28 травня 2021 р.Proceedings of the Selected and Revised Papers of 9th International Conference on Monitoring, Modeling & Management of Emergent Economy (M3E2-MLPEED 2021). Odessa, Ukraine, May 26-28, 2021

Tradition and Innovation in Construction Project Management

This book is a reprint of the Special Issue 'Tradition and Innovation in Construction Project Management' that was published in the journal Buildings

A framework for QoS driven user-side cloud service management

This thesis presents a comprehensive framework that assists the cloud service user in making cloud service management decisions, such as service selection and migration. The proposed framework utilizes the QoS history of the available services for QoS forecasting and multi-criteria decision making. It then integrates all the inherent necessary processes, such as QoS monitoring, forecasting, service comparison and ranking to recommend the best and optimal decision to the user

An evaluation of E7 countries' sustainable energy investments: A decision-making approach with spherical fuzzy sets

The purpose of this study is to identify important strategies to increase sustainable energy investments in emerging economies. For this situation, first, four different indicators are selected according to the dimensions of the balanced scorecard technique. The weights of these items are computed by using Quantum Spherical fuzzy DEMATEL. In the second phase, emerging seven (E7) countries are ranked regarding the performance of sustainable energy investments. In this process, Quantum Spherical fuzzy TOPSIS is taken into consideration. The main contribution of this study is that prior factors can be defined for emerging economies to increase sustainable energy investments in a more effective way. Furthermore, a novel decision-making model is developed while integrating TOPSIS and DEMATEL with Quantum theory, Spherical fuzzy sets, facial expressions of the experts, and collaborative filtering. It is concluded that competition is the most significant factor for the performance of sustainable energy investments. In addition, the ranking results denote that China and Russia are the most successful emerging economies with respect to sustainable energy investments. It is strongly recommended that emerging countries should mainly consider benchmarking the capacity of energy hubs with the aim of increasing the capacity of ongoing energy plants

Management, Technology and Learning for Individuals, Organisations and Society in Turbulent Environments

This book presents the collection of fifty papers which were presented in the Second International Conference on BUSINESS SUSTAINABILITY 2011 - Management, Technology and Learning for Individuals, Organisations and Society in Turbulent Environments , held in Póvoa de Varzim, Portugal, from 22ndto 24thof June, 2011.The main motive of the meeting was growing awareness of the importance of the sustainability issue. This importance had emerged from the growing uncertainty of the market behaviour that leads to the characterization of the market, i.e. environment, as turbulent. Actually, the characterization of the environment as uncertain and turbulent reflects the fact that the traditional technocratic and/or socio-technical approaches cannot effectively and efficiently lead with the present situation. In other words, the rise of the sustainability issue means the quest for new instruments to deal with uncertainty and/or turbulence. The sustainability issue has a complex nature and solutions are sought in a wide range of domains and instruments to achieve and manage it. The domains range from environmental sustainability (referring to natural environment) through organisational and business sustainability towards social sustainability. Concerning the instruments for sustainability, they range from traditional engineering and management methodologies towards “soft” instruments such as knowledge, learning, and creativity. The papers in this book address virtually whole sustainability problems space in a greater or lesser extent. However, although the uncertainty and/or turbulence, or in other words the dynamic properties, come from coupling of management, technology, learning, individuals, organisations and society, meaning that everything is at the same time effect and cause, we wanted to put the emphasis on business with the intention to address primarily companies and their businesses. Due to this reason, the main title of the book is “Business Sustainability 2.0” but with the approach of coupling Management, Technology and Learning for individuals, organisations and society in Turbulent Environments. Also, the notation“2.0” is to promote the publication as a step further from our previous publication – “Business Sustainability I” – as would be for a new version of software. Concerning the Second International Conference on BUSINESS SUSTAINABILITY, its particularity was that it had served primarily as a learning environment in which the papers published in this book were the ground for further individual and collective growth in understanding and perception of sustainability and capacity for building new instruments for business sustainability. In that respect, the methodology of the conference work was basically dialogical, meaning promoting dialog on the papers, but also including formal paper presentations. In this way, the conference presented a rich space for satisfying different authors’ and participants’ needs. Additionally, promoting the widest and global learning environment and participation, in accordance with the Conference's assumed mission to promote Proactive Generative Collaborative Learning, the Conference Organisation shares/puts open to the community the papers presented in this book, as well as the papers presented on the previous Conference(s). These papers can be accessed from the conference webpage (http://labve.dps.uminho.pt/bs11). In these terms, this book could also be understood as a complementary instrument to the Conference authors’ and participants’, but also to the wider readerships’ interested in the sustainability issues. The book brought together 107 authors from 11 countries, namely from Australia, Belgium, Brazil, Canada, France, Germany, Italy, Portugal, Serbia, Switzerland, and United States of America. The authors “ranged” from senior and renowned scientists to young researchers providing a rich and learning environment. At the end, the editors hope, and would like, that this book to be useful, meeting the expectation of the authors and wider readership and serving for enhancing the individual and collective learning, and to incentive further scientific development and creation of new papers. Also, the editors would use this opportunity to announce the intention to continue with new editions of the conference and subsequent editions of accompanying books on the subject of BUSINESS SUSTAINABILITY, the third of which is planned for year 2013.info:eu-repo/semantics/publishedVersio