International Journal of Economics, Finance and Management Sciences

Volume 9, Issue 6, December 2021

  • Modelling and Optimization for the Employment of Full-Time and Part-Time Drivers in Ride-Hailing Platforms

    Chunhui Liu, Yangguang Lu

    Issue: Volume 9, Issue 6, December 2021
    Pages: 221-224
    Received: Oct. 18, 2021
    Accepted: Nov. 05, 2021
    Published: Nov. 12, 2021
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    Abstract: The employment strategy is of great significance to improve the performances of the ride-hailing platforms. This paper establishes a nonlinear programming model to characterize the employment problem of a ride-hailing platform where full-time drivers and part-time drivers coexist, facing a month-varied daily market size. The daily online time of th... Show More
  • Assist the Rural Revitalization of Yantai City: Promote the Cultural Brand Construction of Xiaojia Village, Fushan District, Yantai City

    Dong Siwei

    Issue: Volume 9, Issue 6, December 2021
    Pages: 225-230
    Received: Oct. 21, 2021
    Accepted: Nov. 15, 2021
    Published: Nov. 17, 2021
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    Abstract: The rural revitalization strategy proposed at the 19th National Congress of the Communist Party of China (CPC) is based on the fact that the CPC Central Committee with General Secretary Xi Jinping at its core has acted with the overall cause of the Party and the country in mind, grasped the laws governing modernization and the changing nature of ur... Show More
  • Research on Culture Development Strategy of Sino-foreign Joint Venture Automobile Manufacturing Enterprises

    Huang Ying, Shang Hao, Zhao Wenxuan

    Issue: Volume 9, Issue 6, December 2021
    Pages: 231-235
    Received: Oct. 26, 2021
    Accepted: Nov. 15, 2021
    Published: Nov. 17, 2021
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    Abstract: Automobile manufacturing enterprises develop fast, focusing on hardware upgrading, quality control and other issues to implement innovation as well. However, looking back on its steady development, its deep “Soft strength”is even more essential in addition to the need to have“Hard strength”. Construction of enterprise culture has become an importan... Show More
  • Research on the Impact of Standardization on Economic Growth

    Zhang Luqing

    Issue: Volume 9, Issue 6, December 2021
    Pages: 236-241
    Received: Nov. 05, 2021
    Accepted: Nov. 23, 2021
    Published: Nov. 27, 2021
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    Abstract: The relationship between standardization and economic growth has received increasing attention. This article first gives different classifications of standards, including classification based on economic purposes. The analysis shows that standards have economic effects in reducing information asymmetry, promoting economies of scale, expanding divis... Show More
  • Predicting Enterprise Performance by Network-Based Risk Profiling Approach

    Longda Tong, Song Yin, Dongdong Hu, Zhaoyuan Li

    Issue: Volume 9, Issue 6, December 2021
    Pages: 242-249
    Received: Nov. 04, 2021
    Accepted: Nov. 24, 2021
    Published: Dec. 02, 2021
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    Abstract: Deriving the firms’ risk profile based on specific features has important implications in risk controlling and investment. Recently, much research demonstrates that the firms’ ownership networks substantially impact the firms’ risk profile. In this paper, we propose a framework of risk profiling approach built upon information retrieved from the fi... Show More
  • The Impact of Artificial Intelligence on Future Labor Markets

    Alberto Gomez-Mejia

    Issue: Volume 9, Issue 6, December 2021
    Pages: 250-259
    Received: Sep. 21, 2021
    Accepted: Oct. 09, 2021
    Published: Dec. 24, 2021
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    Abstract: Historically, mechanization and the current artificial intelligence trend have been considered as threats to job stability despite the fact that statistics on production and employment have shown the opposite. The COVID-19 pandemic in 2020-21 stimulated robotization in all types of industry with the substitution of labor, raising unemployment, howe... Show More
  • Enhanced Index-Tracking Strategies Based on Systemic Financial Shocks: A Comparison of Countries Versus Sectors Investments

    Massimiliano Kaucic, Giorgio Valentinuz, Rosario Maggistro, Michele Morganti

    Issue: Volume 9, Issue 6, December 2021
    Pages: 260-270
    Received: Nov. 29, 2021
    Accepted: Dec. 16, 2021
    Published: Dec. 24, 2021
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    Abstract: Since the launch of the first replicating funds in the 1970s, index-linked strategies have captured the interest of equity investors. On the one hand, active investing does not generally lead to higher risk-adjusted returns than a passive approach. On the other hand, passive vehicles cannot optimize the risk exposure to the equity markets without i... Show More
  • Strategic Brand Extension and Organizational Performance of Selected Beverage Firms in Nigeria

    Ekure Friday Ovovwero Marcus, Bereprebofa Dudutari, Abonyi Ikechukwu Igwulube, Ireneusc Nwaizugbo, Eleje Edward Ogbonnia

    Issue: Volume 9, Issue 6, December 2021
    Pages: 271-284
    Received: Oct. 21, 2021
    Accepted: Dec. 06, 2021
    Published: Dec. 31, 2021
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    Abstract: This study investigates the impact of strategic brand extension on organizational performance of selected beverage firms in Nigeria. The brand concept has come a long way especially during the product marketing times, where branding and management of brands played a huge role in creating differentiation and product preference in consumers’ mind. Br... Show More
  • The Stock Price Response to the Resolution of Stock Distributions, Order Imbalances, and the Market Maker

    Rong Guo, Kristian Rydqvist

    Issue: Volume 9, Issue 6, December 2021
    Pages: 285-296
    Received: Nov. 19, 2021
    Accepted: Dec. 20, 2021
    Published: Dec. 31, 2021
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    Abstract: We re-examine the abnormal stock return over the ex-right day of stock splits, stock dividends, and rights offers. The average abnormal stock return for stock splits equals 0.45%, for stock dividends equals 0.83%, and for rights offers equals 1.74%. These abnormal returns suggest that stock distributions incur handling costs that we refer to as nui... Show More