Labor protection increases employees’stability and strengthens their monitoring role,improving firms’information environment and increasing analysts’earnings forecast accuracy.Using the implementation of China’s L...Labor protection increases employees’stability and strengthens their monitoring role,improving firms’information environment and increasing analysts’earnings forecast accuracy.Using the implementation of China’s Labor Contract Law as a quasi-natural experiment,we find that labor protection significantly improves analyst forecasts.This positive impact is stronger when agency problems are weaker,board independence is greater,corporate reputation is better and industry competition is more intense.Enhanced labor protection significantly reduces firms’business risk and accrual-based earnings management,decreases stock price synchronicity and increases market pricing efficiency.Our findings of significant impacts of China’s Labor Contract Law on analysts’forecasting behaviors offer important guidance for promoting the development of the Chinese capital market and policy making in labor protection.展开更多
Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalizati...Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalization, the direct or indirect impact it suffered can be imagined. The Chinese government adopted a series of measures to deal with the financial crisis.展开更多
Based on the historical development of the problem of rural surplus labor in China,this paper explored its development path.It made an in-depth analysis of the obstacles in the process of rural labor transfer and put ...Based on the historical development of the problem of rural surplus labor in China,this paper explored its development path.It made an in-depth analysis of the obstacles in the process of rural labor transfer and put forward relevant recommendations,including strengthening the cultural knowledge and skills training of the rural surplus labor,improving the relevant systems after migrant workers enter cities,strengthening the protection of the legal rights and interests of migrant workers,and vigorously developing the rural labor transfer market.展开更多
Following is an interview given to our staff reporter by Chinese Minister Tian Chengping of Labor and Social Security on protection of the people＇s right to labor, which is an important part of the national endeavor ...Following is an interview given to our staff reporter by Chinese Minister Tian Chengping of Labor and Social Security on protection of the people＇s right to labor, which is an important part of the national endeavor to protect human rights. The minister spoke on a range of questions, including employment and reemployment of workers in Chinese cities, wages of migrant workers from the countryside, efforts to narrow the gap of income between different population groups, and protection of the legitimate rights and interests of the working masses.展开更多
Abstract:The fundamental right-based and human right-based nature of labor rights forms the subjective and objective theory of labor rights.The derived objective protection function and subjective realization function...Abstract:The fundamental right-based and human right-based nature of labor rights forms the subjective and objective theory of labor rights.The derived objective protection function and subjective realization function constitute the theoretical basis of the labor code system.The objective function of labor rights requires the labor code to provide corresponding institutional guarantees,while the subjective function demands that the code ensure the full realization of labor rights.The dual functions of labor rights are reflected in the structural framework and content logic of the labor code separately:on the one hand,labor rights can serve as the structural thread for narrating and systematically organizing the labor code,with the specific types of labor rights protection and functional systems jointly forming the framework of the code;on the other hand,the content arrangement of the labor code is guided by the value of realizing labor rights,explor-ing the pathways for the code’s realization of labor rights in different situations.展开更多
基金supported by the China National Natural Science Foundation(No.72073024)the Humanities and Social Sciences Youth Foundation of the Ministry of Education of China(20YJC790150)the Fundamental Research Funds for the Central Universities in UIBE(CXTD13-03)
文摘Labor protection increases employees’stability and strengthens their monitoring role,improving firms’information environment and increasing analysts’earnings forecast accuracy.Using the implementation of China’s Labor Contract Law as a quasi-natural experiment,we find that labor protection significantly improves analyst forecasts.This positive impact is stronger when agency problems are weaker,board independence is greater,corporate reputation is better and industry competition is more intense.Enhanced labor protection significantly reduces firms’business risk and accrual-based earnings management,decreases stock price synchronicity and increases market pricing efficiency.Our findings of significant impacts of China’s Labor Contract Law on analysts’forecasting behaviors offer important guidance for promoting the development of the Chinese capital market and policy making in labor protection.
文摘Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalization, the direct or indirect impact it suffered can be imagined. The Chinese government adopted a series of measures to deal with the financial crisis.
文摘Based on the historical development of the problem of rural surplus labor in China,this paper explored its development path.It made an in-depth analysis of the obstacles in the process of rural labor transfer and put forward relevant recommendations,including strengthening the cultural knowledge and skills training of the rural surplus labor,improving the relevant systems after migrant workers enter cities,strengthening the protection of the legal rights and interests of migrant workers,and vigorously developing the rural labor transfer market.
文摘Following is an interview given to our staff reporter by Chinese Minister Tian Chengping of Labor and Social Security on protection of the people＇s right to labor, which is an important part of the national endeavor to protect human rights. The minister spoke on a range of questions, including employment and reemployment of workers in Chinese cities, wages of migrant workers from the countryside, efforts to narrow the gap of income between different population groups, and protection of the legitimate rights and interests of the working masses.
基金“Research on Supporting and Regulating the Development of New Forms of Employment”(Project Number HZ05)2023 Key Research Project on Xi Jinping Thought on the Rule of Law sponsored by East China University of Political Science and Law,and“Research on Family Leave Promotion Legislation”(Project Number 2023-1-014)under the Excellent Doctoral Dissertation Cultivation Project of East China University of Political Science and Law.
文摘Abstract:The fundamental right-based and human right-based nature of labor rights forms the subjective and objective theory of labor rights.The derived objective protection function and subjective realization function constitute the theoretical basis of the labor code system.The objective function of labor rights requires the labor code to provide corresponding institutional guarantees,while the subjective function demands that the code ensure the full realization of labor rights.The dual functions of labor rights are reflected in the structural framework and content logic of the labor code separately:on the one hand,labor rights can serve as the structural thread for narrating and systematically organizing the labor code,with the specific types of labor rights protection and functional systems jointly forming the framework of the code;on the other hand,the content arrangement of the labor code is guided by the value of realizing labor rights,explor-ing the pathways for the code’s realization of labor rights in different situations.
