Social Capital, Law Protection and Investment-Cash Flow Sensitivities --Empirical Evidence from Chinese A-share Firms

在完美市场条件下，企业的市场价值与资本结构是无关的，投资决策只取决于净现值为正的投资机会。然而市场是不完备的，信息的不对称以及代理成本的存在使得企业在进行投资决策时容易受到来自外部融资约束的压力以及内部管理层道德风险的影响，从而导致企业出现投资不足或过度投资，更多的表现为投资严重的依赖于企业内部现金流。社会资本作为经济制度和法律制度这种正式制度之外的一种非正式制度，通过提高人们的诚信水平，可以有效的减少信息不对称和抑制管理层决策过程中的机会主义行为和道德风险问题，从而有效的降低企业投资对现金流的敏感性。同时，Ang，Cheng和Wu（2009）的研究表明在促进经济发展过程中社会资本和法律保护具...In the conditions of a perfect market, a company's market value is irrelevant with capital structure, the investment decision only depends on the investment opportunities which net present value is positive. but the market is imperfect, so asymmetric information and agency costs make the companies vulnerable to pressure from the external financing constraints and the impact of the internal manage...学位：经济学硕士院系专业：经济学院金融系_投资学学号：1562008115211

The Community Advertising Strategy in the Word of Mouth 2.0 Times

社区营销所构筑的人际关系传播,将我们带入口碑2.0时代。社区用户较强的互动性和分享性,使社区信息成为影响消费者购买决策的重要因素,为企业进行精准营销和与消费者即时互动带来无限的商机。企业在社区中进行广告宣传,渗透品牌信息一定要有策略上的思考,不可盲目而行。The community marketing constructs interpersonal communication,that takes us into the Word of Mouth 2.0 times.Community users are very interactive and sharable which makes the community information to become the important factor to affect the consumer to purchase,to bring the precision marketing for the enterprise and the infinite opportunity of immediate interaction between the enterprise and consumers.Advertising and permeating brand message into the community,must certainly be strategic thinking,and can not be blind

On the Present Conditions,the Difficulties and Legal Application of Newspaper Copyright Protection

报纸版权的保护有利于报业的有序竞争和发展,了解报纸版权保护的现状可以透视出在法律纠纷中普遍存在的难点问题,分析这些难点可以在现有的法律框架内找到适用的解决办法。The protection of newspaper copyright is conducive to the orderly competition and development of news-paper industry.An investigation of the present conditions of the protection in this area will help us grasp the difficult problems permeating in the legal disputes.And an analysis of these difficulties will help us find applicable solutions within the current legal frame

A Role of Literature in Environmental Conservation: A Comparative Study of Taiwan Yucheng and Kanemi Yusho

長崎大学学位論文 学位記番号:博(水・環)甲第50号 学位授与年月日:平成31年3月20日Nagasaki University (長崎大学)課程博

The Research on the relationship between the high ratio of M2/GDP and the financial risk in China

改革开放以来，中国的M2/GDP比率不断上升，从1978年的0.31到2007年的1.63，该比率增长如此之快的现象，引起了国内理论界及实际部门的强烈关注。学者们对M2/GDP高比率的成因迄今依然众说纷纭，莫衷一是，从现有研究来看，学者们主要试图解决的是以下两个问题： 第一，M2/GDP比率不断增长上升的原因是什么？ 第二，如此之高的M2/GDP比率是否蕴含着金融风险？ 从对这两个问题的研究历程来看，国内理论界与实际部门对M2/GDP高比率的态度，经历了较大的转变，他们从20世纪90年代前，对中国市场化与货币化表现的基本肯定，转变为当前对这一比率过高所隐含的体制问题与金融风险的担忧。本文...Since the reform and opening policy began，the ratio of M2/GDP in China presents a trend of escalation continuously．It grew from 0.31 in 1978 to 1.63 in 2007．Such growth situation has drawn a high attention of the theorists and decision-makers in China．But there's a wide spectrum of opinions on this high ratio of M2/GDP problem．From the existing research results，most of economists are trying to ans...学位：经济学硕士院系专业：经济学院金融系_金融学(含保险学)学号：2005130089

The Anticancer Mechanism of Acacetin Targeting RARγ/PI3K/AKT Signal Pathway

视黄酸受体（RetinoicAcidReceptor，RAR）是核受体家族中的重要一员，其在细胞生长、增殖、分化、免疫、代谢、凋亡及自噬等过程中发挥着重要作用。经典理论认为，视黄酸受体发挥其多效性生物学功能的机制是通过调控相关基因的表达，但随着研究的深入，其非基因型功能逐渐受到人们的重视。我们发现视黄酸受体亚型之一RARγ具有独特的胞质定位。在高密度培养、生长因子刺激等情况下，RARγ可由细胞核定位到细胞质中，并与细胞质中的PI3K调节亚基p85α相互作用，激活下游激酶AKT，进而活化NF-κB通路，促进肿瘤细胞增殖。 刺槐素是一种黄酮类物质，其主要来源于唇形科植物藿香Agastacheru...Retinoic acid receptor (RAR),a key member of the nuclear receptor superfamily,plays an important role in regulation of cell growth, proliferation, differentiation, immune, metabolism, apoptosis, etc.Traditionally, RAR considered as a ligand-inducible transcription factor, acts through binding to particular response elements in the promoters region of target genes and ultimately changes the express...学位：理学硕士院系专业：药学院_化学生物学学号：3052009115223

企业财务风险管理预警系统的应用研究

财务管理作为一种价值管理活动,已渗透到现代企业经营管理的各个方面,企业财务风险管理是企业管理系统中最重要的子系统和组成部分,风险管理预警及其控制又是这个链条中关键的一环,是一项复杂性、综合性程度都比较高的管理活动。财务风险管理预警系统是以企业信息化为基础,对企业经营管理活动中潜在的风险进行时时监控,防止财务失败,起到未雨绸缪的作用