摘要：
This paper uses the accelerated depreciation policy for fixed assets implemented by Chinese tax authorities since 2014 to explore the relationship between tax incentives and earnings management. Results report the following: (1) The accelerated depreciation policy for fixed assets causes a significant increase in earnings management and the result persists after accounting for endogeneity problems; and (2) the accelerated depreciation policy for fixed assets has a more significant effect on firms with small pre-policy book-tax differences and low pre-policy investment growth. This paper supplements the research that tax policy affects earnings management behavior of firms.
作者机构：
[Zheng Cheng-li; Liu Bing] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Peoples R China.;[Liu Bing] Huainan Normal Univ, Sch Econ & Management, Huainan, Peoples R China.
会议名称：
International Conference on Economic Management and Model Engineering (ICEMME)
会议时间：
DEC 06-08, 2019
会议地点：
Malacca, MALAYSIA
会议主办单位：
[Liu Bing;Zheng Cheng-li] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Peoples R China.^[Liu Bing] Huainan Normal Univ, Sch Econ & Management, Huainan, Peoples R China.
关键词：
Heterogeneity of institutional investor;Overvaluation of stock prices;Feature extraction
摘要：
Based on the data of institutional investors in China's capital market from 2009 to 2017, this paper divides institutional investors into three types according to the characteristics of shareholding concentration and turnover rate: dedicated, transient and long-term dispersed, and examines the role of different types of institutional investors in overvaluation of stock prices. The empirical results show that: long-term dispersed institutional investors have a weakening effect on stock price overvaluation, while dedicated and transient institutional investors have the opposite effect; Analysts' concern strengthens the heterogeneous effect of these three types of institutional investors on stock price overvaluation.
作者机构：
[Dong, Limin; Hu, Yang] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Hubei, Peoples R China.
会议名称：
3rd International Conference on New Energy and Renewable Resources (ICNERR)
会议时间：
DEC 21-22, 2018
会议地点：
Guangzhou, PEOPLES R CHINA
会议主办单位：
[Hu, Yang;Dong, Limin] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Hubei, Peoples R China.
会议论文集名称：
DEStech Transactions on Environment Energy and Earth Sciences
摘要：
The rural governance system that combines autonomous, rule of law, and rule of virtue is the basic requirement for achieving effective governance in the rural revitalization strategy. To improve the rural governance system with self-government as the core, the rule of law as the guarantee, and the rule of virtue as the emotional support, we still need to further recognize and improve the three single rural governance model. Only by clarifying the advantages and disadvantages of each governance model, making up for the shortcomings, can we better realize the close complementarity of the "three governance" model.(1)
期刊：
2018 3RD INTERNATIONAL CONFERENCE ON NEW ENERGY AND RENEWABLE RESOURCES (ICNERR 2018),2018年331 ISSN：2475-8833
通讯作者：
Dong, Ping
作者机构：
[Dong, Limin] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.;[Dong, Ping] Colorado State Univ, Ft Collins, CO 80523 USA.
通讯机构：
[Dong, Ping] C;Colorado State Univ, Ft Collins, CO 80523 USA.
会议名称：
3rd International Conference on New Energy and Renewable Resources (ICNERR)
会议时间：
DEC 21-22, 2018
会议地点：
Guangzhou, PEOPLES R CHINA
会议主办单位：
[Dong, Limin] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.^[Dong, Ping] Colorado State Univ, Ft Collins, CO 80523 USA.
会议论文集名称：
DEStech Transactions on Environment Energy and Earth Sciences
摘要：
Currently China's water resources have met many problems, such as water resources shortage, water pollution phenomenon, flood and drought coexistence, water ecological environment deterioration and so on. Based on the series of objective facts, this paper from international and domestic visuals analyses what challenges and opportunities water resources will encounter with in the new environment. Then it illustrates the unsolved problems of water resources from perspectives of system, market, technology and policy. At last, according to the status and features of water resources governance in our country, creative and constructive coping strategies have been put forward as a reference.(1)
作者机构：
[Dong, Li-Min; Zhang, Wen-Xing] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.;[Dong, Ping] Colorado State Univ, Ft Collins, CO 80523 USA.
会议名称：
International Conference on Energy Development and Environmental Protection (EDEP)
会议时间：
AUG 17-19, 2018
会议地点：
Nanjing, PEOPLES R CHINA
会议主办单位：
[Zhang, Wen-Xing] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.^[Dong, Ping] Colorado State Univ, Ft Collins, CO 80523 USA.^[Dong, Li-Min] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.
会议论文集名称：
AER-Advances in Engineering Research
关键词：
Environmental policy;Air pollution control
摘要：
Environmental policy reform is still in a period of rapid advancement. This article takes Hubei Province as an example, according to the conditions of the province's percentage of fine weather, from the perspectives of GDP, population, exhaust emissions, number of environmental protection agencies, etc. And performs correlation and feature factor weight analysis; and based on the analysis results of the model, the environmental policy recommendations on atmospheric governance are proposed.
作者机构：
[Sun, Xiangchen] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Hubei, Peoples R China.;[Zhang, Hong] Henan Inst Technol, Dept Social Sci, Xinxiang, Henan, Peoples R China.;[Chen, Zhihong] Cent China Normal Univ, Logist Support Dept, Wuhan, Hubei, Peoples R China.
会议名称：
3rd International Conference on New Energy and Renewable Resources (ICNERR)
会议时间：
DEC 21-22, 2018
会议地点：
Guangzhou, PEOPLES R CHINA
会议主办单位：
[Sun, Xiangchen] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Hubei, Peoples R China.^[Zhang, Hong] Henan Inst Technol, Dept Social Sci, Xinxiang, Henan, Peoples R China.^[Chen, Zhihong] Cent China Normal Univ, Logist Support Dept, Wuhan, Hubei, Peoples R China.
会议论文集名称：
DEStech Transactions on Environment Energy and Earth Sciences
摘要：
At the 19th CPC national congress in 2017, President Xi put forward the rural revitalization strategy, including five aspects: ecology, organization, industry, talents and culture. Low-carbon economy is a new production pattern combining industry revitalization and ecology revitalization. Firstly, this paper points out the importance of developing low-carbon economy in rural areas, and then finds out that rural areas are faced with the problems of unreasonable energy structure, low level of environmental technology, and high-carbon characteristics of agriculture. In the end, the paper puts forward some suggestions to promote the development of low-carbon economy in rural areas.(1)
作者机构：
[Dong, Ping] Nanjing Univ, Inst Geog & Oceanog, Nanjing 210008, Jiangsu, Peoples R China.;[Dong, Limin; Xiang, Xin] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.
会议名称：
3rd International Conference on Advances in Energy and Environmental Science (ICAEES)
会议时间：
JUL 25-26, 2015
会议地点：
Zhuhai, PEOPLES R CHINA
会议主办单位：
[Dong, Ping] Nanjing Univ, Inst Geog & Oceanog, Nanjing 210008, Jiangsu, Peoples R China.^[Xiang, Xin;Dong, Limin] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.
会议论文集名称：
AER-Advances in Engineering Research
关键词：
Reservoir;Drinking water sources;Protection;Investigation;Project
摘要：
The protection of drinking water sources is an important part of water pollution control and management in China. Drinking water sources is not only an important source of water for residents, but also plays an irreplaceable role in agricultural irrigation, flood control, power generation, aquaculture and so on. However, due to the expansion of people's production and living activities and the lack of awareness of environmental protection, many areas of our country have been polluted to different degrees, which seriously affects the safety of people's drinking water and the quality of ecological environment. Therefore, the effective treatment and scientific protection of drinking water sources is a serious problem to be solved. Taking the research and management of Kite rock reservoir drinking water sources in Qichun as an example and interviewing and investigating County Water Conservancy Bureau, Aquatic Products Bureau and State Marine Board in Qichun, the author conducted a thematic research about the water operation and management of kite rock reservoir and made a number of recommendations on protection of drinking water sources in the reservoir. Suggestions put forward include: 1) The operation rights of aquaculture in the reservoir should be reclaimed according to the law. Ecological aquaculture, density control and pollution reduction need to be eagerly promoted in order to realize the reservoir's natural development, scientific breeding and reasonable fishing. Events that disrupt the balance of alga in the reservoir should be strictly prohibited; 2) Impose a ban on ferries to resolve the major potential hazard for water pollution in the reservoir a step further; 3) Prohibit reservoir tourism and leisure activities to prevent the pollution caused by relevant activities.
作者机构：
[Li, Guojun; Dong, Limin; Chen, Xu] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.;[Dong, Ping] Nanjing Univ, Inst Geog & Oceanog, Nanjing 210008, Jiangsu, Peoples R China.
会议名称：
3rd International Conference on Advances in Energy and Environmental Science (ICAEES)
会议时间：
JUL 25-26, 2015
会议地点：
Zhuhai, PEOPLES R CHINA
会议主办单位：
[Dong, Limin;Li, Guojun;Chen, Xu] Cent China Normal Univ, Inst Econ & Business Adm, Wuhan, Hubei, Peoples R China.^[Dong, Ping] Nanjing Univ, Inst Geog & Oceanog, Nanjing 210008, Jiangsu, Peoples R China.
会议论文集名称：
AER-Advances in Engineering Research
关键词：
The 13th Five-Year Plan Period;Water resources governance;People's livelihoods;Model innovation;Water ecological environment
摘要：
Currently China's water resources have met many problems, such as water resources shortage, water pollution phenomenon, flood and drought coexistence, water ecological environment deterioration and so on. Based on the series of objective facts, this paper from international and domestic visuals analyses what challenges and opportunities water resources will encounter with in the new environment. Then it illustrates the unsolved problems of water resources from perspectives of system, market, technology and policy. At last, according to the status and features of water resources governance in our country, creative and constructive coping strategies have been put forward as a reference.
关键词：
Risk capital allocation;Minimal excess principle;Expected shortfall
摘要：
The risk capital allocation problem comes from the diversification of one portfolio. In this paper, we combine the minimal excess principle and expected shortfall into capital allocation with Chinese market portfolio data. And the loss distributions are estimated through extreme value theory which is suitable for the property of fat tail. Our idea satisfies the requirements of coherent risk measure and capital allocation rules. Comparing with two other allocation rules, the result turns out that our allocation can be more efficient, more precise and fairer.
作者机构：
[Li, Xuchao] Zhejiang Univ, Sch Econ, Hangzhou 310003, Zhejiang, Peoples R China.;[Zheng, Chengli] Cent China Normal Univ, Sch Econ, Wuhan 430079, Hubei Province, Peoples R China.
会议名称：
7th International Joint Conference on Computational Sciences and Optimization (CSO)
会议时间：
JUL 04-06, 2014
会议地点：
Beijing, PEOPLES R CHINA
会议主办单位：
[Li, Xuchao] Zhejiang Univ, Sch Econ, Hangzhou 310003, Zhejiang, Peoples R China.^[Zheng, Chengli] Cent China Normal Univ, Sch Econ, Wuhan 430079, Hubei Province, Peoples R China.
会议论文集名称：
International Joint Conference on Computational Sciences and Optimization
关键词：
Risk Measurement;EVT;Shibor;Benchmark Rate
摘要：
On the foundation of valid risk measurement based on AR(2)-TARCH(1,1)-EVT, this paper builds cointegration and error correction models to analyse how risks of Shibor are dynamically impacted in short and long term by changes of central bank benchmark rate, and to what degree the latter can influence the former. Empirical results show that a long-term positive equilibrium exists between risks of Shibor and benchmark lending rate; in the short term, benchmark lending rate hikes increase risks, and about 17% of the deviation from equilibrium is eliminated in next period, but changes of risks are mainly determined by error correction mechanism.
期刊：
2014 SEVENTH INTERNATIONAL JOINT CONFERENCE ON COMPUTATIONAL SCIENCES AND OPTIMIZATION (CSO),2014年:356-360 ISSN：2158-799X
通讯作者：
Deng, Hongping
作者机构：
[Liang, Sha; Feng, Dou; Deng, Hongping] Cent China Normal Univ, Hubei Real Estate Econ Res Ctr, Coll Econ & Business Management, Wuhan 430079, Peoples R China.;[Zhang, Yidai] Zhongnan Univ Econ & Law, Sch Finance, Wuhan 430079, Peoples R China.
通讯机构：
[Deng, Hongping] C;Cent China Normal Univ, Hubei Real Estate Econ Res Ctr, Coll Econ & Business Management, Wuhan 430079, Peoples R China.
会议名称：
7th International Joint Conference on Computational Sciences and Optimization (CSO)
会议时间：
JUL 04-06, 2014
会议地点：
Beijing, PEOPLES R CHINA
会议主办单位：
[Deng, Hongping;Liang, Sha;Feng, Dou] Cent China Normal Univ, Hubei Real Estate Econ Res Ctr, Coll Econ & Business Management, Wuhan 430079, Peoples R China.^[Zhang, Yidai] Zhongnan Univ Econ & Law, Sch Finance, Wuhan 430079, Peoples R China.
会议论文集名称：
International Joint Conference on Computational Sciences and Optimization
关键词：
allocation of public rental housing;two-sided matches;multi-objective planning
摘要：
Public rental housing is an important component of affordable housing. The fairness and efficiency of public rental distribution has arouse wide public concern. In this paper, with two-sided matching theory, introducing the applicant and the market listing, evaluate satisfaction according to mutual evaluation indicators, establish multi-objective linear optimization model, and then transform into a single objective linear programming model to get stable and effective distribution results. This matching is not only an effective solution to efficiency and equity issues during the allocation process, but also makes the allocation results of higher satisfaction and more efficient counting for the applicant's own needs.
期刊：
Proceedings of the 2012 5th International Conference on Business Intelligence and Financial Engineering, BIFE 2012,2012年:186-190
通讯作者：
Li, Xuchao
作者机构：
[Zheng, Chengli; Li, Xuchao] Cent China Normal Univ, Sch Econ, Wuhan 430079, Peoples R China.
通讯机构：
[Li, Xuchao] C;Cent China Normal Univ, Sch Econ, Wuhan 430079, Peoples R China.
会议名称：
International Conference on Business Intelligence and Financial Engineering
会议时间：
2012-08-18
会议地点：
Lanzhou, Gansu, China
会议主办单位：
[Li, Xuchao;Zheng, Chengli] Cent China Normal Univ, Sch Econ, Wuhan 430079, Peoples R China.
会议论文集名称：
2012 Fifth international conference on business Intelligence and financial engineering
关键词：
EVT;POT;VaR;CVaR;LR test
摘要：
To model Chinese ownership-thematic investment, EVT (Extreme Value Theory) is applied in this paper with examples of three typical stock indexes. To characterize the distribution of the selected indexes, POT (Peaks Over Threshold) model is utilized to fit the tails of the distributions. Then VaR and CVaR are computed through the estimated parameters. Empirical results shows that POT model can fit tails of return rates of the indexes quite well; VaR are valid at high confidence levels such as 99% and 95% based on LR test but not at lower levels like 90%; with respect to CVaR, SSE Local State-owned 50 index is characterized with the greatest risk, SSE Private-owned 50 index comes the second while SSE Central SOEs 50 index shows the least risk relatively. POT model of EVT is an applicable method to measure risks of Chinese ownership-thematic investment.
摘要：
Behavioral finance indicates that people are heterogeneous. In this paper, one method of options pricing with heterogeneous expectations is proposed. Heterogeneity of people is expressed by non-additive expectations with a random parameterAin one sort of non-additive measure. Then, these heterogeneous expectations are ag gregated by ordinary additive integral. Based on this, a new pricing method for European options is proposed. Through simulation, it turns out that there are more advantages in interpreting some puzzles than classical Black-Seholes model.
作者机构：
[Zhang Qichun] Huazhong Normal Univ, Sch Econ & Management, Wuhan 430079, Peoples R China.;[Xu Pei] Huazhong Normal Univ, Sch Foreign Languages, Wuhan 430079, Peoples R China.
会议名称：
The 7th International Conference on Innovation and Management(第七届创新与管理国际会议 ICIM 2010)
会议时间：
2010-12-04
会议地点：
武汉
会议主办单位：
Wuhan Univ Technol
会议论文集名称：
The 7th International Conference on Innovation and Management(第七届创新与管理国际会议 ICIM 2010)论文集
关键词：
Inter-government transfer payment;Block grants;Categorical grants
摘要：
Different from most transfer payment patterns in other countries, American inter-government transfer payment adopts the condition based pattern, mainly concerned with block grants. This article summarizes the background and causes of the reform of block grants and points out its characteristics during the evolvement process in recent decades. The analysis shows that the appearance and stable development of block grants have changed the original transfer pattern of which the categorical grants were dominant, resulting in a distribution phase and consisting of both categorical and block grants with conditional payment and equal scale.
摘要：
The globalization developed rapidly after the Cold War. The effect of economic relation on international peace becomes more and more significant. Especially, the effect of international trade and foreign direct investment (FDI) draws much attention. After the literature review, the paper uses the panel data of 29 countries in 1991-2000 periods to do empirical research. Through constituting VAR model to do variance decomposition, the paper explores that the trade and FDI has prominent effect in reducing international conflict, and trade and FDI can promote international peace complementarily. The cross-Strait political relation is analyzed as a case. The paper discovers that the development of trade and FDI between mainland and Taiwan is the Granger cause of their peace, so that it can promote the bilateral relation.
作者机构：
[Tang Xuebing] Huazhong Normal Univ, Sch Econ & Management, Wuhan 430079, Peoples R China.
会议名称：
The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)
会议时间：
2010-07-10
会议地点：
武汉
会议主办单位：
[Tang Xuebing] Huazhong Normal Univ, Sch Econ & Management, Wuhan 430079, Peoples R China.
会议论文集名称：
The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)论文集
关键词：
Financial gap;Regional economy;Coordinated development
摘要：
Since the implementation of reform and opening up, regional financial gap has gradually expanded along with the increasing of regional economic gap in China. This empirical study notes that financial development can significantly contribute to the regional economic growth, and that there are no significant differences in such contribution across regions in China. Therefore, adequate attention must be paid to the support and effect of finance. Normal financial strategy, differentiated regional financial control policies and regulatory policies must be instituted with increased financial support of the backward areas, thus being conducive to the harmonious regional economic development.
