bluuebunny/crossref_metadata_2025 huggingface dataset:
Application of the Chinese digital economy to supply-side reform and its effects on the imbalance in income distribution
Authors: Huang Yan
Published: October 2023

The operation of digital economy is to integrate artificial intelligence technologies such as big data, Internet, cloud computing, machine learning, Internet of Things, and blockchain into various links such as production, exchange, distribution and consumption. The emergence of this phenomenon will inevitably lead to a large "reshuffle" in the industry pattern centered on the elimination of excess production capacity. How does this affect the structural restructuring of the supply side? How supply-side structural issues should respond to the development of the digital economy. Therefore, this project intends to conduct an in-depth discussion on income distribution and equity in the big data environment from the game perspective, using "game" and "principal-agent" theories as tools. The results of the game show that if both parties have fair motives in the monopolistic income distribution game, they can get reciprocal distribution results and reduce the income difference. On the contrary, the two parties will not be able to obtain reciprocal distribution results, so the income difference may become larger. In the context of big data, the gap between the rich and the poor can be reduced from the aspects of system construction and justice concept.
The Impact of ESG on Sales Revenue: From Customers’ Perspective
Authors: Zhou Chang
Published: October 2023

In today's increasingly competitive business market, the significance of environmental, social, and governance (ESG) factors has emerged as a crucial non-financial aspect influencing corporate performance. This study aims to investigate the correlation between ESG indices and sales growth, with a particular focus on customers' perspectives. To achieve this, the research leverages data from the reputable WIND and CSMAR databases and employs statistical analysis and regression techniques. The findings of this study reveal a noteworthy positive association between ESG indices and sales revenue, indicating that a strong ESG performance positively influences customer attitudes towards products. This outcome underscores the value of environmental, social, and governance considerations for businesses. It encourages corporations to place more emphasis on these factors, thereby fostering social and environmental sustainability in the corporate world. Ultimately, this study emphasizes the importance of integrating ESG principles into corporate strategies to drive growth and foster a positive impact on both business performance and society at large.
Study on the Influence of Social and Economic Factors on Fertility Willingness of Urban Residents:--Empirical analysis based on the data of China Comprehensive Social Survey (CGSS2018)
Authors: Jiang Yiting
Published: October 2023

With China entering an aging, fewer children and unmarried society, the problem of low fertility has attracted more and more attention, and fertility willingness has become one of the key points in the study of a fertility rate. This study uses the data of China Comprehensive Social Survey (CGSS2018) to analyze the influence of socioeconomic factors on urban residents' fertility willingness.The empirical results show that: (1)The larger the existing family housing area, the higher the fertility willingness. (2)The higher the education level, the lower the fertility willingness. (3)The higher the income, the lower the fertility willingness. (4)Compared with individual socioeconomic indicators, the influence of spouse's education level and income on fertility willingness is more significant. After dealing with endogenous problems through a robustness test, the research conclusion is still robust. The purpose of this study is to further reveal the socioeconomic factors affecting fertility willingness and provide reference for the formulation of fertility-related policies.
"Reward or Regulation?" - Carbon Emission Reduction Effects of Green Fiscal Policy
Authors: Zhang Shiyu
Published: October 2023

This paper assesses the carbon reduction effects of government green fiscal policy by focusing on the construction of "comprehensive demonstration cities for energy conservation and emission reduction". The study employs staggered Difference-in-Differences (DID) and Two-Stage DID to measure the carbon reduction effect, and the heterogeneity in the construction of three batches of demonstration cities is taken into consideration. The results indicate that the construction of demonstration cities significantly reduces local carbon emission intensity and per capita carbon emissions, mainly due to the improvement of energy efficiency. Overall, this study offers valuable insights for the development of effective green fiscal policies targeting energy conservation and emission reduction effect. It provides valuable insights for achieving green and low-carbon development by promoting mutual interactions between environmental protection and economic growth in the future.
Dose analysts’ private information acquisition impact on stock price crash risk? Based on Chinese Market
Authors: Jiao Yuan
Published: October 2023

This paper selects A-share companies listed on China's Shanghai and Shenzhen stock exchanges from 2007 to 2021 as the research sample and empirically tests the correlation between analysts' private information acquisition ability and stock price crash risk, and finds that the improvement of analysts' private information acquisition ability will effectively reduce the expected stock price crash risk, and proves that the results are not affected by the endogeneity factors through a series of robustness tests, which are robust. Meanwhile, this paper finds that analysts' private information acquisition ability mainly weakens stock price crash risk by reducing information asymmetry through mediation mechanism analysis, and further finds that it reduces information asymmetry through the internal control efficiency path and the surplus forecasting path. Moreover, in the heterogeneity test, this paper finds that analysts' private information acquisition ability has a greater ability to influence stock price crash risk in firms with low industry concentration, large size, high audit quality or state-owned nature. The above results have important implications for capital markets and investors.
Research on the impact of the US subprime crisis on Chinese real estate-with empirical analysis based on GARCH (1,1) model
Authors: Han Yi , Li Jiajun , Li Wenyang , Zhang Xiaowen
Published: October 2023

The US subprime mortgage crisis is a major crisis in the global financial market in recent years, its scope far beyond the United States, China as the world's second largest economy real estate market has a profound impact. Based on the analysis of Shenwan real estate industry index and the development characteristics of Chinese real estate market, this paper discusses the impact mechanism and consequences of the crisis on Chinese real estate market, and uses GRACH(1,1) model for empirical analysis and test. Through analysis, it is found that the occurrence of subprime crisis has a significant negative impact on Chinese real estate industry, which inhibits the development of Chinese real estate industry to a certain extent. At the same time, Chinese real estate sector is sensitive to market fluctuations. Finally, some relevant policy suggestions are put forward.
On the Legal Regulation of Infringement of Public Figures' Emoji Portrait Infringement
Authors: Liu Ziyan
Published: October 2023

Ge You sued E-Dragon Travel for unlawful use of the photo of "Ge You lying down" for advertisement and sought that E-Dragon Travel apologize to him and reimburse him for the losses he suffered. Ge You's lawsuit against E-Dragon Tourism drew attention to celebrity emoticons once more. Language, in certain ways, can no longer adapt to the needs of human language in the age the Internet. Emoji is a new form of communication that has gained extensive societal attention, as well as being "noticed" and "loved" by businesses. As a result, several forms of infringement appear one after the other. First and foremost, the concept and characteristics of the public figure emoticon picture right are explored in this work. The classification of emoticons is provided, and the public figure emoticon image infringement may or has been constructed to assess the problem. Finally, it makes practicable solutions to preserve the portrait right of prominent figures' emoticons in China by combining China's practical experience and the great experience of international nations.
A Comprehensive Analysis of the Chinese Chain Restaurant Market: Success Factors, Challenges, and Strategies for Improvement
Authors: Liu Yuyang
Published: October 2023

The rapid rise of China's economic lifeline has made the catering industry increasingly prominent, while chain restaurants have stood out in the catering industry by realizing economies of scale through unified branding, standardized services and centralized management. This paper analyses several aspects of the current situation and development of China's chain restaurant market, mainly based on the example of China's Little Sheep Catering Group, with the comparison to successful international brands such as McDonald’s. The analysis reveals the challenges faced by Little Sheep, such as weak management and lack of standardization due to rapid expansion. We also provide suggestions for Little Sheep to improve through product and service innovation, quality control, balanced expansion, and brand building. Finally, the paper summarizes the common problems of Chinese restaurant chains, including market homogenization, management deficiencies, and excessive pursuit of scale expansion. We suggest that differentiation, quality assurance, and balanced branding will lead to a healthier development of China's restaurant chain industry.
Research on digital inheritance and development of Xibe nationality in Shenyang from the perspective of cultural consciousness
Authors: Wu Yu
Published: October 2023

Based on the cultural consciousness of social scientist Xiaotong Fei, this paper makes an in-depth analysis of the background and significance of Xibe culture in Shenyang. Combined with the development trend of the digital era, in order to continue the historical context and enhance the sense of national identity, the Xibe cloud platform, the joint Xibe two museums, the promotion of digital publishing and digital inheritance into the campus and other ways are adopted to enhance the industrial competitiveness of Shenyang Xibe culture.
Research on the legal path of protecting citizens' privacy from the perspective of anti-money laundering law
Authors: Lu Yan
Published: October 2023

Anti-money laundering laws and regulations play an important role in cracking down on crimes and stabilizing finance. The 2021 Anti-Money Laundering (Revised Draft) in China strengthened its system value. However, things always have two sides, and the legal system also has certain risks, especially the lack of protection of citizens' basic rights. Citizens' basic rights and anti-money laundering are not contradictory but complementary. Only by protecting citizens' basic rights can citizens' information be established and anti-money laundering work be better promoted. This paper analyzes the risks from the perspective of privacy (including "the right to keep privacy secret" and "the right to maintain privacy from illegal infringement"), and puts forward solutions to provide ideas for further improving the series of laws and regulations of the Anti-Money Laundering Law.
Research on the communication strategy of university public opinion event report from the perspective of frame theory: Shandong University Buddy Program Incident as an example
Authors: Liu Zongqi
Published: October 2023

The dissemination of sudden public opinion can easily lead to the generalization of group opinion, and it is particularly important to adopt appropriate news communication strategies in the face of such sudden public opinion events. This paper takes the report text of the Shandong University buddy program incident as the analysis object, starts with the frame theory, combines the content analysis method, systematically analyzes the news frame construction of the event report from three parts: frame presentation, construction mechanism and framing effect, and discusses and summarizes t
Quantitative Analysis of China's Provincial Live streaming e-commerce Policies from the Perspective of Policy Tools
Authors: Hu Shiyu , Cai Yimeng , Hang Dandan
Published: October 2023

[Research purpose] With the rapid development of live streaming e-commerce, local governments have promulgated local regulations and normative documents for the development of live streaming e-commerce in combination with local development. Carry out the research on the policy of live streaming e-commerce at the provincial level, trying to provide a reference for the development and policy formulation of live streaming e-commerce in China. [Research methods] This paper makes a text analysis of 54 relevant policies of live broadcast e-commerce at the local government level, mainly using unsupervised LDA (Latent Dirichlet Allocation) Topic model method and social Semantic network analysis method. [Research Conclusion] The key points and difficulties in the development of live streaming e-commerce are concentrated in three aspects: live streaming e-commerce to help poverty alleviation, live streaming e-commerce industry supervision system improvement, and live streaming e-commerce talent training support system. The existing live streaming e-commerce policies radiate all areas of society, mainly focusing on improving the regulatory system and avoiding marketing risks, but there is a lack of demand-oriented policy tools, and the proportion of policy tools used is unbalanced. To this end, optimizing the configuration of policy tool structure, strengthening policy analysis, and promoting the benign coupling of policy objectives, implementation and system have become the future development path of live streaming e-commerce policies at the provincial level in China.
Impairment Risk and Prevention Research of Goodwill in Corporate Mergers and Acquisitions
Authors: Liu Ruifeng
Published: October 2023

Since the year 2000, there has been a significant outbreak of impairment of goodwill in listed companies, leading to serious negative impacts on their operations and the real economy. Therefore, this paper employs a case study approach and combines the case of Broad-Ocean Motor's acquisition of Shanghai Edrive in 2016 to explore the reasons for the impairment risk of goodwill in individual cases of listed companies, and to provide corresponding strategies for preventing such impairment. Due to issues such as Broad-Ocean Motor's high valuation and high premium acquisitions, unreasonable valuation of goodwill, Shanghai Edrive 's underperformance in meeting performance commitments, and changes in industry policies, substantial impairment of goodwill occurred. Measures such as determining reasonable acquisition transaction prices, enhancing corporate merger and integration systems, improving disclosure mechanisms for goodwill-related information, increasing external market supervision, and strengthening penalties for violations can be taken to prevent the risk of impairment of goodwill in mergers and acquisitions.
On the protection of farmers' rights and interests as shareholders of contracted land management rights
Authors: Lv Zitao
Published: October 2023

Rural economy occupies an important position in the economic structure of our country. Since reform and opening up, the household distribution system plays a key role in the liberation of rural productive forces and promoting the development of rural economy. In the context of China's rapid economic development, the emergence of the system of rural land contract management rights as a share of limited liability company conforms to the development of The Times, but there are also some problems in the actual application process. The right of contracted land management is the fundamental guarantee for the survival of farmers. How should the rights and interests of farmers be protected when they encounter risks after the ownership of agricultural land? According to China's national conditions, whether the company should tilt the interests of farmers in the distribution of interests and how to protect the rights and interests of farmers when they withdraw their shares? In order to solve the above problems, the author, through consulting literature, from providing farmers with agricultural insurance, improve the profit distribution mechanism and other aspects of the existing problems put forward suggestions.
Research on Prediction and Evaluation Methods for Olympics Host Countries and Cities
Authors: Wang Yilin , Chu Haotian , Wu Heng
Published: October 2023

Aiming at problem: By reviewing the literature and the application criteria for the right to host the Olympic Games, we selected GDP and total national reserves as economic indicators, value added of services as service level indicators, national population and national prime age labor force ratio as social indicators, national land ratio as land use indicators, and birth mortality rate as medical level indicators to establish evaluation criteria for hosting the Olympic Games, and through linear regression to The influence factor analysis of each indicator was conducted, and the significant degree of influence of each indicator was obtained, among which the influence of labor force, GDP and total reserves was more significant. By judging the influence factors, we selected GDP, total national reserves, value added of service industry, national population, proportion of prime labor force, and birth mortality rate as the indicators to continue evaluating the hosting of the Olympic Games, and selected the minimum value of each indicator as the conditional threshold through quantitative analysis to establish the threshold coefficient matrix. According to the conditions of Olympic Games submission bid, the data of each indicator in the future 2022-2029 are predicted by VAR model, and then the country or city hosting the Olympic Games is predicted whether it can be held normally by BP neural network and the conditional threshold coefficient matrix. If there is no country or city that meets the conditions for holding the Olympic Games, we choose the United States as the fixed host city and use the data from 2012-2020 to predict the index data for the next 8 years by Markov for example. Therefore, textual solution has certain feasibility.
Research on the Influence of social media on Internet Consumption Behavior from the Perspective of Consumer Culture
Authors: Zhou Jinge
Published: October 2023

How knowledge sharing in the discussed community influences users' purchasing decisions. And then put forward the management strategy to improve the user's usage behavior in the community. This topic will focus on the "TikTok" social media. Through empirical analysis, this paper explores how business users can influence customer purchasing behavior through information sharing in the social media environment. The results show that the factors such as user interaction mode, user perceived risk and user occupation level have positive effects on user purchase decision. The knowledge sharing process regulates the user's purchase intention through the content and level of sharing, and the sharing content is the most significant.
Analysis on The Development Countermeasures of Leisure Agriculture in Xi 'an Under the Background of Rural Revialization Strategy
Authors: Yang Jiangli , Ma Xiaotong , Yang Ziyi
Published: October 2023

In order to promote rural revitalization and achieve efficient and high-quality agricultural development, Xi 'an City makes full use of regional advantages and rich tourism resources to develop leisure agriculture. This paper starts with the analysis of the development status of leisure agriculture in Xi 'an, finds the problems existing in the development of leisure agriculture in Xi 'an, and actively explores and practices the basic paths and countermeasures to promote the development of leisure agriculture in Xi 'an, accelerates the pace of rural revitalization in Xi 'an, and completely solves the problems of agriculture, agriculture and rural areas.
Using the accurate data, wages, hitting rate, and stream to determine who is the best basketball player in recent era
Authors: Yang Hongyi
Published: October 2023

Basketball, the rising sports, attracts more attentions these days. NBA, the place that include all the top basketball players becomes an influential topic, starting lots of disscusions. For example, people talk about the rules, people talk about the refs, and people talk about who is the best player. With the more and more people, nowadays, are talking about who is the greatest basketball player for the all times, Lebron, Michal, and Kobe are all in the list, since they all have different skills and positions, so it is actually hard to compare. For previous researches, people might talk this in their own feeling. For example, they use the words “ dominant on court” and “defense strength” , these blur words to define the status of a player. There is a clear instance, when people compare MJ with LeBron, popele always said , “MJ has a more dominant performance on final, and no one can guard him.” However, with the data is more accurate, we can use data comparsion to define the level of an basketball players. This way is not only more convincing, but it is also more rational. In this text, comparing three great players in our recent era to decide who can earn an higher state in the history. Clearly, we use efficiency to decide who is a better scorer, stream to decide to decide who has bigger influence, and ability to confine their hit rate to decide their defensive ability. Also, this text conclude the previous research on related topic that can influence the performance for the players, like the injury and the mental health. These stuffs is also significant to the players.In the next paragraghs, these points mentioned previously will be clearly dicussed to find answer who is the best player.
Research on Cross-Sectional Returns of Industry Mergers and Acquisitions in China
Authors: Chen Yaowen
Published: October 2023

Using ZEW-ZEPHYR and the maximum deviation method to construct the industry mergers and acquisitions (M&As) index from the perspective of incremental and absolute values, this paper further discusses the cross-sectional relationship between M&A market vibrancy and industry stock market performance. It is found that a significant negative correlation exists between the M&A market vibrancy and the industry return when half a year is taken as the turnover rate. In addition, to explore whether the market response to M&A information is complete, this paper constructs a time series momentum strategy and obtains their long-term negative return relationship. Several factors that may cause this phenomenon are analyzed, including the risk of the M&A integration period, the influence of time spent in collecting M&A data, industry characteristics, and shareholder behaviors. Given these factors, this study provides investors and decision-makers with an in-depth understanding of industry selection and M&A market vibrancy.
Social media marketing strategy and effect evaluation in e-commerce
Authors: Wu Zhuo
Published: October 2023

This paper mainly studies the social media marketing strategy and effect evaluation in e-commerce. First, the concepts of e-commerce and social media and their importance in modern business are introduced. Then, a detailed analysis of social media marketing strategies, including social media platform selection, content, interactive and advertising strategies. Next, the methods and steps of social media effect assessment were discussed, including the selection of key performance indicators, data analysis and interpretation of results, and case analysis of effect assessment. The effects of social media marketing are summarized by analyzing the effects of brand awareness, sales growth and user engagement in the case. Through the research of this paper, we can provide targeted social media marketing strategies for e-commerce enterprises and evaluate their effects to enhance their competitiveness and market share.
Current Situation and Implications of ESG Disclosure of Chinese Enterprises
Authors: Liu Bin
Published: October 2023

In recent years, China's economic and social development under the background of "dual carbon" is undergoing comprehensive green transformation and upgrading. The practice and performance of ESG in China has received extensive attention from all walks of life. In order to comply with the development direction, the Securities and Futures Commission (SFC) clearly requires ESG to be included in corporate information disclosure, which puts higher requirements on the management capability of listed companies, and the market has higher expectations for the ESG performance of listed companies. However, at this stage, the ability and enthusiasm of ESG information disclosure of listed companies in China still need to be further improved. This article summarizes the ESG performance and disclosure characteristics of Chinese companies based on the China Bond ESG Evaluation System and the China Bond ESG Database. The results show that the information disclosure of ESG in China has been improved in recent years, but there are still significant differences in the disclosure ratios of each company, the quantitative level of ESG data is still insufficient, and China's corporate ESG disclosure still needs to be further improved. In the future development process, this paper proposes to accelerate the formulation of ESG information disclosure standards in China, guide market players to actively expand the application of ESG assessment, and improve the indicator system of ESG supervision.
Dose Enterprise Digital Transformation Affect Quality of Accounting Information?
Authors: Mu Junyang
Published: October 2023

The development of the digital economy has strengthened enterprises' capabilities in handling, transmitting, and regulating data assets, which significantly affects the quality of their accounting information. This study takes Chinese A-share listed companies from 2012 to 2021 as samples to explore the impact of enterprise digital transformation on the quality of accounting information. The research reveals a significant positive correlation between enterprise digital transformation and accounting information quality, a relationship that remains valid after a series of robustness tests. Further investigation indicates that enterprise digital transformation enhances accounting information quality through two pathways: improving internal control quality and attracting analyst attention. This effect is more pronounced in companies with lower management ownership ratios, research and development investments, and market competition intensity. The study provides empirical evidence for the connection between enterprise digital transformation and accounting information quality, contributing to promoting high-quality development, enhancing competitiveness, and adapting to market changes for businesses.
Analyst Tracking and Enterprise ESG Performance
Authors: Zang Jingcheng
Published: October 2023

ESG investment has increasingly become a mainstream investment concept. As the external supervisor and the carrier of "business signals", the analyst's analytical opinions have a great impact on investors' investment decisions. Based on China's Shanghai and Shenzhen A-share listed companies from 2009 to 2022 as research samples, this paper empirically tests the effect and mechanism of analyst tracking on enterprise ESG performance. It is found that analyst tracking can significantly improve the ESG performance of the enterprise. This conclusion is still robust after a series of tests, while the conclusion is still valid after the endogeneity problem is taken into account by the cross-cross term test. The mechanism shows that analyst tracking can improve the environmental, social and governance performance of enterprises by increasing the transparency of enterprises. The results of heterogeneity analysis show that the effect is more significant in state-owned enterprises, large-scale enterprises and companies that are not part of the CSI 300 index or are followed by non-star analysts. This paper provides a theoretical basis for investors to make investment decisions and for enterprises to improve their sustainable development capabilities.
A study of the impact of financialization of enterprises on their innovative capacity
Authors: Fan Shurui
Published: October 2023

Based on the financial data of A-share non-financial listed enterprises from 2007 to 2019, this paper empirically examines the impact of corporate financialization on the innovation ability of enterprises. It is found that corporate financialization will have an inhibitory effect on the innovation ability of enterprises. Through further research, it can be seen that corporate financialization of non-state-owned enterprises has a more obvious inhibitory effect on the innovation ability of enterprises, and the inhibitory effect of financialization on the innovation ability of low-competitive industries is more obvious than that of high-competitive industries. The study concludes that non-financial enterprises should focus on improving their own innovation ability to achieve long-term development rather than seeking short-term profits by financializing a large amount of their assets through corporate financialization.
The Impact of Using Short-term Lending for Long-term Investment on Firms' Investment in Innovation
Authors: Jiang Xinyue
Published: October 2023

The prerequisite to ensure the smooth implementation of corporate innovation activities is the availability of sufficient funds. As a form of investment and financing, using short-term lending for long-term investment can provide financial support and relieve financing constraints, but it increases debt repayment pressure and the risk of sustained business operations. Existing literature on the impact of using short-term lending for long-term investment on corporate innovation activities is not yet conclusive. Based on the panel data of Chinese A-share listed companies from 2010 to 2021, this paper empirically tests the impact of using short-term lending for long-term investment on innovation investment by using fixed effects model and mediation effects model. The results show that using short-term lending for long-term investment has a significant inhibitory effect on innovation investment, and financial distress plays a mediating effect, i.e., using short-term lending for long-term investment will increase the risk of financial distress, and then inhibit corporate innovation investment. Heterogeneity tests show that the above results mainly exist in non-Big 4 audited enterprises, non-state-owned enterprises and enterprises located in regions with high quality economic resources. The relevant authorities should strengthen the market financing environment and formulate differentiated policies to encourage enterprises to invest in innovative activities. Enterprises should fulfil their social responsibilities, abide by professional ethics, enhance their independent R&D capabilities and break through technological barriers. Banks and other financial institutions should assess the solvency of enterprises before signing contracts.
Study on the impact of digital finance on consumption structure
Authors: Yao Liangrui
Published: October 2023

Consumption level is the lasting driving force of economic growth. This paper combines China Digital financial Inclusion Index with relevant data in China Statistical Yearbook, establishes an empirical model, and studies the impact of digital financial inclusion on subsistence consumption, development consumption, enjoyment consumption and total consumption. The results show that: (1) the development of digital finance can promote the improvement of residents' consumption level, among which the promotion effect on developmental consumption is the most significant. This conclusion is still valid after considering the endogenous problem; (2) In terms of heterogeneity analysis, among the three sub-indexes of digital finance coverage, depth of use and degree of digitalization, the coverage of digital finance has the most obvious promoting effect on residents' consumption, while the development of depth of use and degree of digitalization has no significant impact on residents' consumption; (3) In terms of the mechanism of action, digital finance mainly promotes residents' consumption by narrowing the digital divide. Finally, this paper makes use of the research conclusions to put forward relevant policy suggestions on how to better use digital finance to promote consumption level and stimulate economic growth.
ESG, Corporate R&D Investment, and Financial Performance: Evidence from China's Typical Heavy Pollution Industries
Authors: Zhang Xuandong , Jung Jae-Eul
Published: October 2023

Given the critical function corporations serve in economic progression, a burgeoning body of evidence underscores the necessity for the amalgamation of Environmental, Social, and Governance (ESG) performance with research and development (R&D) expenditures to bolster corporate proficiency and value. Consequently, strategizing the harmonious application of R&D expenditure and ESG performance emerges as a topic of significant import. This research delves into the isolated repercussions of R&D investments and ESG, in addition to their cumulative impact on financial performance, utilizing data amassed from representative industries with high pollution output, traded in Shenzhen and Shanghai's stock markets. The findings reveal an inconsequential direct correlation between ESG and short-term financial performance. Nevertheless, both R&D investment and ESG possess the capacity to directly shape a corporation's prospective market value. This study enriches existing literature regarding the influence of R&D investment and ESG on future corporate market value. The symbiotic influence of R&D investment and ESG offers insights germane to decision-making processes within the ambit of sustainable development, thereby facilitating the balanced evolution of China's economic, societal, and environmental spheres.
Multi-factor Stock Selection Strategy Incorporating Liquidity Risk
Authors: Wang Die
Published: October 2023

As an emerging market dominated by retail investors, China's stock market is greatly affected by external shocks such as market noise and policy changes, and the traditional fundamental factors have limited ability to predict the future returns of stocks. Stock liquidity is also affected by noise factors and macro factors, which can be regarded as one of their external performance. Based on the multi-factor stock selection model, this paper uses the 2010-2022 CSI 300 stock data to construct a fundamental fusion factor and another fusion factor considering both fundamental and liquidity risk factors, then compares the stock selection effect of the two fusion factors through a variety of test indicators. The empirical results show that the IC value of the fusion factor considering both fundamental and liquidity risk factors is 0.0267, which is greatly improved compared with the fundamental fusion factor with IC value of only 0.0195, and its excess yield of 64.728% is 13.134% higher than the fundamental fusion factor, while the benchmark win rate is increased by nearly 3% and the maximum retracement is reduced by nearly 12%. The research shows that the effectiveness and stability of the fusion factor after adding the liquidity index to predict the future return of the stock and obtain the excess profits are better than the fundamental fusion factor. Therefore, considering the measurement and inclusion of stock liquidity level can improve the yield of stock selection strategy in the Chinese stock market to a certain extent.
Human resources management: Research on the trends of human resources management in the "Internet +" era
Authors: Lin Zheng
Published: October 2023

With the advent of the era of Internet, human resources development as China's long-term considerations, this article will be to "Internet +" the tendency of human resource management under the age of the study found that in view of the management development and changes of the corresponding response to the decision, hope that through the corresponding human resource development to find out the corresponding response to the decision. Based on the development of human resource management in China to provide some guiding suggestions.
DESENVOLVIMENTO DE COMPETÊNCIAS COLABORATIVAS EM ESTUDANTES QUE VIVENCIARAM O ACOLHIMENTO INTERPROFISSIONAL EM UMA CLÍNICA ESCOLA
Authors: Braga Raquel Rennó , Cavalcanti Juliana Veiga , Soares Janaína Dória Líbano , Mesquita Michelle Guiot , Messor Daniel Fernandes , Teixeira Mariana Costa
Published: October 2023

A educação interprofissional tem sido adotada por encorajar o trabalho colaborativo em saúde, melhorando a qualidade dos serviços oferecidos e promovendo a aprendizagem entre os membros pertencentes a várias profissões da área da saúde. No presente estudo, analisou-se a percepção dos estudantes que participaram do acolhimento interprofissional oferecido aos usuários de uma clínica escola sobre o desenvolvimento de competências colaborativas e atuação interprofissional. Para esse fim, realizou-se um estudo descritivo com abordagem qualitativa no qual foi possível observar o favorecimento do desenvolvimento de competências colaborativas interprofissionais pelos estudantes que participaram do estudo.
Identification of Dipeptidyl-Peptidase 4 (DPP-4) Inhibitors from Miracle Berry Fruit (Synsepalum dulcificum) Extract
Authors: Zollapi Nuraliana Najwa Hamsah , Taib Raihan , Zakaria Nurfatini , Khayat Mohd Ezuan
Published: October 2023

Dipeptidyl-peptidase 4 is a novel targeted enzyme in type 2 diabetes mellitus (T2DM) therapy due to its regulatory effect on incretin; glucagon-like peptide 1 (GLP-1) that responsible for stimulating insulin and suppressing glucagon secretion. DPP-4 degrades GLP-1 to biologically inactive fragments. In incretin-based therapies, DPP-4 inhibitor helps to restrain the inactivation of GLP-1, which in turn prolonging GLP-1’s half-life in blood and subsequently reducing the blood sugar more effectively. Nowadays, researchers are focusing to replace the synthetic drugs with natural-based drugs since they exert less toxicity. In our attempt to discover the natural inhibitor for DPP-4, miracle berry fruit was sequentially extracted with different solvents such as hexane, dichloromethane, chloroform, ethyl acetate and methanol and screened for the DPP-4 inhibitory activity. The analyses on the extractions show dichloromethane yielded the highest number of phenolic compounds with 38.37 mg GAE/g, while the highest number of flavonoids was found in hexane extract with 142.269 mg QE/g. On the other hand, qualitative analyses showed that methanol was able to extract alkaloids, terpenoids, saponins, tannins, quinones and carbohydrate from miracle berry fruit. It was also found that ethyl acetate extract was able to completely inhibit the enzyme. For further identification of constituent responsible for DPP-4 inhibitory activity, ethyl acetate extract was then subjected to silica gel column chromatography and eluted with different solvents with increasing polarity. The active fraction was then subjected to LC-MS/MS analysis and the results show it contains astragalin, nialamide, n-acetyl-l-phenylalanine, (+)-6-gingerol, 9-nitro oleate and 4(3H)-quinazolinone. The study indicates that miracle berry fruit extract contains natural DPP-4 inhibitor that can potentially be used for treating T2DM.
Range Findings of Lethal Concentration of Zinc Oxide Nanoparticles (ZnO NPs) to Juvenile Red Tilapia
Authors: Azni Mohamad Fazwan Afiq Mohd , Johari Wan Lutfi Wan , Zaid Siti Sarah Mohamad , Daud Hassan Mohd
Published: October 2023

Zinc oxide nanoparticles (ZnO NPs) have attracted increasing concerns because of their unique properties and widespread applications in industry, which may adversely impact not only specific ecosystems but also human health. Although numerous studies have investigated the influence of ZnO on fish, there is a paucity of information available regarding the LC50 value of ZnO NPs and effects of ZnO NPs on physical and behavioural of red tilapia Oreochromis sp., which are a vital fish-producing species in Malaysia. In this study, the effects of acute exposure of ZnO NPs (30-50 nm) were conducted in red juvenile tilapia fish (Oreochromis sp.) consisting: i) the assessment of the concentration-response curves and median lethal concentration (LC50) at 96 hours (4 days); and ii) evaluating the toxicity effects of ZnO NPs exposure on red tilapia based on the LC50 at 96 hours by observing behavioral and physical changes. 10 juvenile fish in each tank were exposed in the static non-renewable test solution for 96 hour (4 days). The LC50 value of ZnO NPs was 80.326 mg/L after 96 h of exposure. Physical and behavioral alterations were observed, including changes in swimming patterns, buoyancy control, ventilation, aggression, and appearance. Generally, red tilapia at higher concentrations exhibited dense schooling behavior, loss of buoyancy control, lethargy, movement in water, hypo- and hyperventilation, frequent gulping at the surface of the water, and increased aggression towards cannibalism. However, the colour of fish skin from each concentration does not show any changes observed to the fish along the 96-hours period of study.
La asistencia religiosa hospitalaria en Francia, Bélgica y Polonia
Authors: Vázquez García-Peñuela José María
Published: October 2023

At present, religious assistance in hospitals is regarded not only
as a right, which makes part of the right to religious freedom, but also as part of
the right to health. Organisational patterns to provide religious assistance in hospitals in France, Belgium and Poland depend, to a large extent, on the circumstances of contemporary history in those nations. All three of them had managed
to combine the non-denominationality of the States with granting the rigth of the
patients admitted in health centres, to receive spiritual care. The particular norms
which grant such a grant are, formal and hierarchically, quite diverse.

La asistencia religiosa en los hospitales en la actualidad no resulta considerada solamente como un derecho que se integra en el de libertad religiosa, sino también en el derecho a la salud. Los modelos organizativos de la asistencia religiosa hospitalaria en Francia, Bélgica y Polonia, responden en buena parte a las circunstancias de la historia contemporánea de estas naciones.
Sin embargo, en las tres se ha sabido conjugar la aconfesionalidad de los respectivos Estados con la garantía del ejercicio del derecho de los enfermos ingresados en establecimientos de salud a ser atendidos espiritualmente. A esa garantía
se ha llegado a través de normas formal y jerárquicamente bastante diversas.
Mandatory Vaccination v. Conscientious Objection: A Comparative Analysis between the US and the European Approach
Authors: Madera Adelaide
Published: October 2023

The development of vaccines and their delivery has been a key
turning point in the fight against COVID-19, and it has allowed life to return to
normal as soon as a high level of immunization had been achieved. However, a
new legal challenge is whether vaccination can be mandatory, and in which
settings, and whether an individual can refuse vaccination for various reasons.
In the view of law and religion scholars, the focus is on claims for faith-based
exemptions. In multicultural societies, there is a huge number of individuals or
groups objecting to vaccination for non-medical reasons, putting at risk the
achievement of the so-called herd-immunity. The aim of this paper is to analyze
conscientious claims against vaccine mandates in the US and in the European
responses, to compare various judicial responses and the evolution of the standards of review adopted, and to investigate the impact of new legal challenges
on the protection of religious freedom, with a view to exploring new predictable trajectories.

El desarrollo de vacunas y su administración ha sido un punto
de inflexión clave en la lucha contra el COVID-19, y ha permitido que la vida
vuelva a la normalidad en cuanto se ha alcanzado un alto nivel de inmunización. Sin embargo, un nuevo reto jurídico es si la vacunación puede ser obligatoria, y en qué contextos, y si una persona puede rechazar la vacunación por
diversos motivos. En opinión de los estudiosos del derecho y la religión, la atención se centra en las reclamaciones de exenciones basadas en la fe. En las
sociedades multiculturales, hay un gran número de individuos o grupos que se
oponen a la vacunación por razones no médicas, poniendo en peligro la consecución de la llamada inmunidad de rebaño. El objetivo de este artículo es analizar las demandas de conciencia contra los mandatos de vacunación en los
EE. UU. y en las respuestas europeas, comparar diversas respuestas judiciales
y la evolución de los criterios de revisión adoptados, e investigar el impacto de
los nuevos desafíos jurídicos en la protección de la libertad religiosa, con vistas
a explorar nuevas trayectorias previsibles.
Obstacles to tackling illegal religious schools in the constitutional culture of England
Authors: García Oliva Javier
Published: October 2023

A significant number of children in England are attending religious schools operating outside of the law. The institutions are not registered or
inspected, meaning that there are no checks on the quality of the education, appropriateness of the physical environment or adequate safeguards against abuse.
The current legal framework on home-schooling enables this situation to continue, and despite a number of scandals, there has so far been no attempt at radical reform to address the situation. This article examines the elements of English
constitutional and juridical culture which have incubated this problem, and which
present obstacles to an holistic and effective response being implemented.

Un número considerable de niños en Inglaterra asisten a escuelas religiosas que operan al margen de la ley. Nos encontramos frente a instituciones que no están registradas o sujetas a inspección, lo cual lleva a que en la práctica no haya controles respecto a la calidad de la educación, la naturaleza del entorno físico o mecanismos de protección contra el abuso. El sistema legal actual sobre home-schooling favorece la continuidad de esta realidad, y a pesar de los numerosos escándalos que han acontecido, no se ha producido un verdadero intento por llevar a cabo una reforma sustantiva de esta situación. Este artículo examina los elementos de la cultura constitucional y jurídica inglesa que han propiciado este problema, y que constituyen un obstáculo a la consecución de una respuesta integral y efectiva al mismo