During the coronavirus disease 2019 (COVID-19) emergency, many hospitals were built or renovated around the world to meet the challenges posed by the rising number of infected cases. Environmental management in the ho...During the coronavirus disease 2019 (COVID-19) emergency, many hospitals were built or renovated around the world to meet the challenges posed by the rising number of infected cases. Environmental management in the hospital life cycle is vital in preventing nosocomial infection and includes many infection control procedures. In certain urgent situations, a hospital must be completed quickly, and work process approval and supervision must therefore be accelerated. Thus, many works cannot be checked in detail. This results in a lack of work liability control and increases the difficulty of ensuring the fulfillment of key infection prevention measures. This study investigates how blockchain technology can transform the work quality inspection workflow to assist in nosocomial infection control under a fast delivery requirement. A blockchain-based life-cycle environmental management framework is proposed to track the fulfillment of crucial infection control measures in the design, construction, and operation stages of hospitals. The proposed framework allows for work quality checking after the work is completed, when some work cannot be checked on time. Illustrative use cases are selected to demonstrate the capabilities of the developed solution. This study provides new insights into applying blockchain technology to address the challenge of environmental management brought by rapid delivery requirements.展开更多
Working capital always being disregard in financial decision making since it involve investment and financing in short term period. However, it is an important component in firm financial management decision. An optim...Working capital always being disregard in financial decision making since it involve investment and financing in short term period. However, it is an important component in firm financial management decision. An optimal working capital management is expected to contribute positively to the creation of firm value. To reach optimal working capital management firm manager should control the trade off between profitability and liquidity accurately. The intention of this study is to examine the relationship between working capital management and firm profitability. Cash conversion cycle is used as measure of working capital management. This study is used panel data of 1628 firm-year for the period of 1996-2006 that consist of six different economic sectors which are listed in Bursa Malaysia. The coefficient results of Pooled OLS regression analysis provide a strong negative significant relationship between cash conversion cycle and firm profitability. This reveals that reducing cash conversion period results to profitability increase. Thus, in purpose to create shareholder value, firm manager should concern on shorten of cash conversion cycle till optimal level is achieved.展开更多
This study investigates the possible nonlinear relationship between working capital and credit rating.Furthermore,it examines the relationship between the three components of working capital(inventory,accounts receiva...This study investigates the possible nonlinear relationship between working capital and credit rating.Furthermore,it examines the relationship between the three components of working capital(inventory,accounts receivable,and accounts payable)and a firm’s credit rating.Employing data for U.S listed firms for the period between 1985 and 2017,the results of our ordered probit model show a nonlinear relationship between working capital and its components and credit rating.Finally,we find that the deviation from the optimal working capital adversely affects the credit rating.The results of this study are of significant importance for policy makers,managers,decision makers,and credit-rating agencies,as they help highlight the importance of working capital management for a firm’s credit rating.展开更多
The present study investigated the effect of working capital management component on corporate profitability. A sample of 106 firms listed on Borsa Istanbul Stock Exchange （BIST） for the period of 2003-2013 was used...The present study investigated the effect of working capital management component on corporate profitability. A sample of 106 firms listed on Borsa Istanbul Stock Exchange （BIST） for the period of 2003-2013 was used. The secondary data for analysis were taken from Bloomberg＇s Database. The present study aims to explore the effect of working capital management components on corporate profitability. We observed that there was a negative correlation between gross operating profit and accounts receivables （A/R）. We also found that there was a positive correlation between gross operating profit and number of days inventory. But they did not affect the profitability of firms in the study at a significant level.展开更多
Efficient working capital management is an integral component of the overall corporate strategy to create shareholders＇ wealth. This paper seeks to extend findings regarding the relationship between working capital m...Efficient working capital management is an integral component of the overall corporate strategy to create shareholders＇ wealth. This paper seeks to extend findings regarding the relationship between working capital management and profitability. A sample of 69 companies listed on the Johannesburg Stock Exchange （JSE） for the period from 1998 to 2008 was selected. The results revealed a statistically significant negative relationship among profitability （as measured through gross operating profit）, the cash conversion cycle （CCC）, and number of days accounts receivable （AR）. The results also revealed a positive and significant relationship among profitability, the number of days accounts payable （AP）, and the number of days inventory （INV）. The results suggested that managers could increase their company＇s profitability by effectively managing the CCC and its components.展开更多
Working capital is the premise for the production and operation of an enterprise and the basis for all financial management.The management of working capital has gained more attention by enterprises.The purpose of emp...Working capital is the premise for the production and operation of an enterprise and the basis for all financial management.The management of working capital has gained more attention by enterprises.The purpose of emphasizing the importance of working capital management is to enable enterprises to make full and efficient use of capital.There is a serious shortage of working capital in China's home appliance manufacturing industry,and with the rapid development of home appliance manufacturing industry,the problem is becoming increasingly prominent.Therefore,improving the management level of working capital,optimizing the structure of capital,and improving the efficiency of working capital should become the most important part in the process of daily production and operation.This article selects company V as the research subject as it has representative problems in working capital management.Drawing on the theoretical method of taking elements as the core,this article focuses on the analysis of each working capital project and the development status of the company as a whole,determmes the problems in the aspects of current assets and infbnnation communication in regard to the working capital management of company V as well as puts forward several suggestions in terms of current assets management.In order to improve the working capital management level of company V9 we hope that the improvement suggestions derived from the combination of theory and practical analysis can provide some reference for other enterprises in the household appliance manufacturing industry.展开更多
EDITOR＇S NOTE： Human rights protection in prisons is an important part of China＇s National Human Rights Action Plan and the human rights conditions in prisons constitute an important hallmark of the human rights pr...EDITOR＇S NOTE： Human rights protection in prisons is an important part of China＇s National Human Rights Action Plan and the human rights conditions in prisons constitute an important hallmark of the human rights protection level of the country. In order to get to know more about human rights protection in this special area, this reporter paid a visit to the No. 4 Prison in Henan Province, central China.展开更多
Group work has many advantages from language acquisition point of view. However, some teachers are unwilling to introduce group work in their own classroom because group work is very difficult to manage. The author of...Group work has many advantages from language acquisition point of view. However, some teachers are unwilling to introduce group work in their own classroom because group work is very difficult to manage. The author of this essay explores the discourse features of successful and unsuccessful group work using discourse analysis in the hope that the results of this language classroom research can help language teachers gain some insight into the use of group work and make more informed decisions about group work management.展开更多
The following is a narration before the video camera of the Henan TV Station on December 27, 2003 by a prison inmate named Liu Xianwei,former general manager of the Zhengzhou Sanxing Company, who is now working for a ...The following is a narration before the video camera of the Henan TV Station on December 27, 2003 by a prison inmate named Liu Xianwei,former general manager of the Zhengzhou Sanxing Company, who is now working for a master＇s degree in the prison.展开更多
eCRM ties customer relationship management with e-business. Very often, eCRM is interfaced with other information systems to form a seamless integration and interchange of information both inside and outside an organi...eCRM ties customer relationship management with e-business. Very often, eCRM is interfaced with other information systems to form a seamless integration and interchange of information both inside and outside an organization--a work flow management system. This integration of business partners, suppliers, and customers is essential in this global competitive market environment. An effective infrastructure and hence an appropriate framework are required to provide the information exchange and data analysis between eCRM and work flow management. This paper proposes a functional framework of eCRM based on customer value to realize the win-win strategy for both the companies and their customers. Moreover, a workflow management system also forms an integral part of this total solution to facilitate the implementation of a supply chain or extended enterprise.展开更多
Guangzhou, capital of south China’s Guangdong Province, will further reform the use of official cars as part of its efforts to alleviate traffic jams, said the city’s traffic authorities on January 23.
基金supported by the National Natural Science Foundation of China(71732001,51878311,72271106,U21A20151,and 71821001)Engineering Fronts Project(2021-HYZD-5-13)+1 种基金Major Science&Technology Project of Hubei(2020ACA006)China Scholarship Council(202006160115).
文摘During the coronavirus disease 2019 (COVID-19) emergency, many hospitals were built or renovated around the world to meet the challenges posed by the rising number of infected cases. Environmental management in the hospital life cycle is vital in preventing nosocomial infection and includes many infection control procedures. In certain urgent situations, a hospital must be completed quickly, and work process approval and supervision must therefore be accelerated. Thus, many works cannot be checked in detail. This results in a lack of work liability control and increases the difficulty of ensuring the fulfillment of key infection prevention measures. This study investigates how blockchain technology can transform the work quality inspection workflow to assist in nosocomial infection control under a fast delivery requirement. A blockchain-based life-cycle environmental management framework is proposed to track the fulfillment of crucial infection control measures in the design, construction, and operation stages of hospitals. The proposed framework allows for work quality checking after the work is completed, when some work cannot be checked on time. Illustrative use cases are selected to demonstrate the capabilities of the developed solution. This study provides new insights into applying blockchain technology to address the challenge of environmental management brought by rapid delivery requirements.
文摘Working capital always being disregard in financial decision making since it involve investment and financing in short term period. However, it is an important component in firm financial management decision. An optimal working capital management is expected to contribute positively to the creation of firm value. To reach optimal working capital management firm manager should control the trade off between profitability and liquidity accurately. The intention of this study is to examine the relationship between working capital management and firm profitability. Cash conversion cycle is used as measure of working capital management. This study is used panel data of 1628 firm-year for the period of 1996-2006 that consist of six different economic sectors which are listed in Bursa Malaysia. The coefficient results of Pooled OLS regression analysis provide a strong negative significant relationship between cash conversion cycle and firm profitability. This reveals that reducing cash conversion period results to profitability increase. Thus, in purpose to create shareholder value, firm manager should concern on shorten of cash conversion cycle till optimal level is achieved.
文摘This study investigates the possible nonlinear relationship between working capital and credit rating.Furthermore,it examines the relationship between the three components of working capital(inventory,accounts receivable,and accounts payable)and a firm’s credit rating.Employing data for U.S listed firms for the period between 1985 and 2017,the results of our ordered probit model show a nonlinear relationship between working capital and its components and credit rating.Finally,we find that the deviation from the optimal working capital adversely affects the credit rating.The results of this study are of significant importance for policy makers,managers,decision makers,and credit-rating agencies,as they help highlight the importance of working capital management for a firm’s credit rating.
文摘The present study investigated the effect of working capital management component on corporate profitability. A sample of 106 firms listed on Borsa Istanbul Stock Exchange （BIST） for the period of 2003-2013 was used. The secondary data for analysis were taken from Bloomberg＇s Database. The present study aims to explore the effect of working capital management components on corporate profitability. We observed that there was a negative correlation between gross operating profit and accounts receivables （A/R）. We also found that there was a positive correlation between gross operating profit and number of days inventory. But they did not affect the profitability of firms in the study at a significant level.
文摘Efficient working capital management is an integral component of the overall corporate strategy to create shareholders＇ wealth. This paper seeks to extend findings regarding the relationship between working capital management and profitability. A sample of 69 companies listed on the Johannesburg Stock Exchange （JSE） for the period from 1998 to 2008 was selected. The results revealed a statistically significant negative relationship among profitability （as measured through gross operating profit）, the cash conversion cycle （CCC）, and number of days accounts receivable （AR）. The results also revealed a positive and significant relationship among profitability, the number of days accounts payable （AP）, and the number of days inventory （INV）. The results suggested that managers could increase their company＇s profitability by effectively managing the CCC and its components.
文摘Working capital is the premise for the production and operation of an enterprise and the basis for all financial management.The management of working capital has gained more attention by enterprises.The purpose of emphasizing the importance of working capital management is to enable enterprises to make full and efficient use of capital.There is a serious shortage of working capital in China's home appliance manufacturing industry,and with the rapid development of home appliance manufacturing industry,the problem is becoming increasingly prominent.Therefore,improving the management level of working capital,optimizing the structure of capital,and improving the efficiency of working capital should become the most important part in the process of daily production and operation.This article selects company V as the research subject as it has representative problems in working capital management.Drawing on the theoretical method of taking elements as the core,this article focuses on the analysis of each working capital project and the development status of the company as a whole,determmes the problems in the aspects of current assets and infbnnation communication in regard to the working capital management of company V as well as puts forward several suggestions in terms of current assets management.In order to improve the working capital management level of company V9 we hope that the improvement suggestions derived from the combination of theory and practical analysis can provide some reference for other enterprises in the household appliance manufacturing industry.
文摘EDITOR＇S NOTE： Human rights protection in prisons is an important part of China＇s National Human Rights Action Plan and the human rights conditions in prisons constitute an important hallmark of the human rights protection level of the country. In order to get to know more about human rights protection in this special area, this reporter paid a visit to the No. 4 Prison in Henan Province, central China.
文摘Group work has many advantages from language acquisition point of view. However, some teachers are unwilling to introduce group work in their own classroom because group work is very difficult to manage. The author of this essay explores the discourse features of successful and unsuccessful group work using discourse analysis in the hope that the results of this language classroom research can help language teachers gain some insight into the use of group work and make more informed decisions about group work management.
文摘The following is a narration before the video camera of the Henan TV Station on December 27, 2003 by a prison inmate named Liu Xianwei,former general manager of the Zhengzhou Sanxing Company, who is now working for a master＇s degree in the prison.
基金Supported by the National Natural Science Foundation of China (No. 70231010)
文摘eCRM ties customer relationship management with e-business. Very often, eCRM is interfaced with other information systems to form a seamless integration and interchange of information both inside and outside an organization--a work flow management system. This integration of business partners, suppliers, and customers is essential in this global competitive market environment. An effective infrastructure and hence an appropriate framework are required to provide the information exchange and data analysis between eCRM and work flow management. This paper proposes a functional framework of eCRM based on customer value to realize the win-win strategy for both the companies and their customers. Moreover, a workflow management system also forms an integral part of this total solution to facilitate the implementation of a supply chain or extended enterprise.
文摘Guangzhou, capital of south China’s Guangdong Province, will further reform the use of official cars as part of its efforts to alleviate traffic jams, said the city’s traffic authorities on January 23.
