Study on the relationship of the protection for investors, related transactions and company efficiency: Taking a-share listed companies of Yangtze River Delta as example

Author(s):  
Xiang-yang Yang ◽  
Shao-bing Dong ◽  
Su-ning Huang
2019 ◽  
Vol 11 (16) ◽  
pp. 4353
Author(s):  
Chengliang Liu ◽  
Tao Wang ◽  
Qingbin Guo

The inconsistent direction between environmental regulation and technological progress is receiving increasing attention, but scholars have neglected the relationship between the two in the open economy. Against this background and based on the panel data of 30 provinces in China from 2003 to 2015, we examined the effect of environmental regulation on the international research and development (R&D) spillover effect and its regional differences in three economic regions: The Bohai Rim, Pan-Yangtze River Delta, and Pan-Pearl River Delta economic regions. The results show that (1) at China’s macro level, and at that of the three economic regions, the level of environmental regulation and international R&D spillover from import trade or foreign direct investment channels show an inverted N relationship; that is, in all provinces the weak environmental regulation initially inhibited the international technology spillover. However, as the intensity of environmental regulation increased, the level of international R&D spillovers continually rose, but overly harsh environmental regulation was not conducive to the overflow of international technology; (2) the adoption of different environmental regulations will affect the international R&D spillover effect and the inverted N relationship of environmental regulation, thus changing the inflection point of environmental regulation; and (3) currently, the level of environmental regulation is relatively low, as most provinces have not yet broken through the first turning point of the inverted N, and only a few provinces are within the rising stage of the inverted N curve. This paper provides corresponding policy suggestions according to the above conclusions.


SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110332
Author(s):  
Wenzhang Zhou ◽  
Haijun Bao

Due to China’s rapid urbanization, the growing presence of land-lost farmers in land acquisition and resettlement (LAR) cases has led to major practical and academic concerns. However, few studies have focused on administration policy restrictions and how they affect land-lost farmers in Chinese courts for land resources. Based on the quantitative analysis and case studies involving 2,242 administrative LAR cases, this interdisciplinary work examines how administrative bureaucracy affects public departments’ ability to win in court. The findings of this study are twofold. First, in the relationship of Tiao, public departments at the top of the hierarchy can use administration policies to screen conflicts, which can increase the win rate of LAR cases. Second, in the relationship of Kuai, authorities’ relationships limit the investment in administration policies, which in turn decide the utility of administration policies in LAR cases. The findings can facilitate the implementation of appropriate administrative and judicial measures in different departments to promote land-lost farmers.


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