PUBLIC MENTAL HEALTH IN POST-COVID-19 ERA

Transmission of the 2019 novel coronavirus (COVID-19) has now rapidly spread around the world, which has alarming implications for individuals and communities, in particular for public mental health. Significant progress has been made in the prevention and control of the COVID-19 pandemic in China, but the psychological crisis caused by the epidemic is still not over and may continue to exist. The public mental health in the post-COVID-19 era should not be ignored. This article provides early warning for the public\u27s mental health in the post-COVID-19 era by listing the characteristics and duration of the public mental health crisis following the SARS outbreak. In addition, based on the current situation, specific methods and measures are proposed in order to provide effective reference for the prevention and control of psychological crisis caused by the COVID-19 epidemic

Compensation for Maritime Ecological Damages in China Judicial Practice

The Article discusses the judicial experience of compensation for maritime ecological damages in China. The discussion focusse on the verdict of “Tasman sea” oil spill case. Scope and methods of assessment of ecological damages are major part of the discussion. Because of the absence of legislation on compensation for maritime ecological damages, the verdict is a significant guide to similar case trial in the future

The Impact of Open Market Share Repurchases on Bondholders and Shareholders

Past studies examined the impact of open market repurchase announcements on bond and stock prices and identified its main causes, such as signaling, free cash flow, and wealth redistribution. Building on the work by Maxwell and Stephens (2003), we introduce daily bond return data to analyze abnormal bond and stock returns around share repurchase announcements and examine these hypotheses. We find a strong wealth transfer effect, as well as some evidence of undervaluation signaling. The wealth gain or loss of bondholders is a function of the size of the repurchase program, the leverage ratio, and the book-to-market ratio