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Article
Publication date: 15 August 2019

Hao Lan and Xiaojin Wang

The purpose of this paper is to investigate market power in the Chinese pork supply chain. The authors aim to explain why a steady rise in prices is observed in the…

Abstract

Purpose

The purpose of this paper is to investigate market power in the Chinese pork supply chain. The authors aim to explain why a steady rise in prices is observed in the sector, apart from existing evidence on incomplete/asymmetric cost pass-through and concerns of growing concentration and consolidation in the sector.

Design/methodology/approach

This study uses a new empirical industrial organization model for both oligopoly and oligopsony power to measure the degree of market power exerted on consumers and hog farmers simultaneously.

Findings

By examining annual panel data across provinces in China, the authors find that both oligopoly and oligopsony powers exist in the pork supply chain. In particular, the authors determine that a higher degree of market power is found to influence prices paid to hog farmers than prices paid by pork consumers. Estimates of key elasticities in the Chinese pork supply chain are also updated based on the structural model estimation and the latest data.

Research limitations/implications

Due to the lack of data at a more granular level of geography, the authors are only able to estimate market power by three major economic regions.

Practical implications

The findings provide useful information for future policy analyses of Chinese food markets. First, the pork-packing industry should be of great concern in terms of market power and its influence on consumers’ and farmers’ welfare. It is essential to take into consideration market power in the pork supply chain before making any public policy regarding the pork market. Furthermore, following economic theory and experience from developed countries, large meat packers will eventually vertically control hog farmers given their stronger oligopsony power over the upstream. Vertical integration may be the next important issue in terms of food market competition. Finally, the results may also draw the government’s attention to investigating market competition in all major food markets.

Originality/value

The empirical evidence draws attention to the issue of food market competition in one of the largest and most important meat-packing markets in China. The authors hope to encourage further discussions on pork and hog market regulations and related public policies.

Details

China Agricultural Economic Review, vol. 12 no. 1
Type: Research Article
ISSN: 1756-137X

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Article
Publication date: 28 September 2020

Xiaobin Feng, Xiaoshu Ma, Zhe Shi and Xuebing Peng

To address the gap of divergent conclusions on the impact of knowledge search (KS) on performance, this paper aims to discuss the nonlinear relationships between KS and…

Abstract

Purpose

To address the gap of divergent conclusions on the impact of knowledge search (KS) on performance, this paper aims to discuss the nonlinear relationships between KS and reverse internationalization enterprise (RIE) performance, and the co-moderation of causation and effectuation (C&E) on KS–performance.

Design/methodology/approach

The proposed theoretical model is developed by integrating the theory of knowledge-based view and decision rationality theory. The empirical study is based on survey data collected from 245 RIEs of the Yangtze River Delta and Pearl River Delta regions in China. Hierarchical multiple regression and the appropriate U-test method are used to test the hypotheses.

Findings

Empirical results suggest that both focused and multi-focus searches have inverted U-shaped effects on RIE performance. Furthermore, causation weakens the curvilinear effect between multi-focus search and RIE performance, whereas effectuation strengthens the curvilinear effect but weakens the inverted U-shaped relationship between focused search and RIE performance. Results also indicate that the integration of C&E positively moderates the relationship between focused or multi-focus searches and RIE performance.

Originality/value

Findings reveal the nonlinear effects of focused and multi-focus searches on RIE performance and clarify the dispute over the mechanism of KS on performance by proposing the different moderating role of C&E. Moreover, this research provides deeper insight into contingency mechanisms between KS and performance by integrating the co-moderating role of C&E in RIEs.

Details

Journal of Knowledge Management, vol. 25 no. 5
Type: Research Article
ISSN: 1367-3270

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Article
Publication date: 1 May 2018

Hao Wang, Yu Wang, Shuang Zhao, Lan-ping Wang and Hui An

The purpose of this paper is to calculate the bank efficiency of removing potential risks that are hidden from the extreme portfolio of bank’s assets and further compare…

Abstract

Purpose

The purpose of this paper is to calculate the bank efficiency of removing potential risks that are hidden from the extreme portfolio of bank’s assets and further compare the differences and causes of bank’s efficiency and potential risk level between China’s representative banks and OECD representative banks in 2011-2015.

Design/methodology/approach

Based on the weight-limited DEA model, this paper calculates the bank’s efficiency and further compares the differences between China’s representative banks and OECD representative banks by using commercial banks’ transnational data.

Findings

By analyzing US representative banks’ data, the authors find that the excessive expansion of the scale of banks’ investment for the non-real economy shrinks after the bubble burst and would not improve the efficiency of banks immediately. The OECD representative banks rather prefer to extreme asset portfolio so that the potential risks gradually increase, while there is a diminishing effect on investments in non-real economies to improve bank efficiency. On the other hand, China’s representative banks have the signs of reducing investment in the real estate market, but the existence of the bubble in the market led to a lagged effect on the impact of adjustment of bank asset portfolio on efficiency.

Research limitations/implications

This paper has practical significance for commercial banks to improve efficiency and reduce credit risks. This is conducive to the implementation of targeted supervision by the banking supervision department.

Practical implications

Based on the lesson that the financial crisis created by the real estate bubble burst in the USA in 2008 and the financial market active guidance of the developed economies, faced with the reality of Chinese real estate market bubble rising and the continuous improvement of Chinese financial market, this paper compares the differences between representative banks in China and OECD, and explores the causes by using the cross-country data of commercial banks.

Originality/value

By adjusting the weight of the input variables in the efficiency measurement, quantifying the risk is often overlooked by the changes in bank efficiency. This potential risk is caused by the bank’s investment preferences in the non-real economy represented by real estate and tradable financial assets.

Details

China Finance Review International, vol. 8 no. 4
Type: Research Article
ISSN: 2044-1398

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Article
Publication date: 1 August 2016

Wei Guo, Honglin Liu and Chaoli Lan

Based on core description, gas logging and laboratory analysis, this paper aims to study the controlling effect of the types of shale sedimentary microfacies in coal…

Abstract

Purpose

Based on core description, gas logging and laboratory analysis, this paper aims to study the controlling effect of the types of shale sedimentary microfacies in coal formations over shale reservoirs using the example of Shanxi formation in Northern Ordos Basin.

Design/methodology/approach

According to core observation, the authors selected typical samples of rock types for thin section analysis to determine the micro features and compositions of rocks.

Findings

By using core observation, we found that fine lithology in Shanxi formation included major shale, carbonaceous shale, partially carbonaceous shale, partially silty shale and silty shale with colors of gray, dark gray, black and/or gray. Shanxi Formation shale are deposited in plant-rich and plant-poor swamps, interdistributary depressions of delta plains, interfluvial depressions of meandering rivers as well as microfacies environment of natural levees and the distal crevasse splay.

Originality/value

Currently, the research on the shale gas in Shanxi Formation in the Ordos Basin is still in its infancy. There is yet no research on the fine-grained partition of the sedimentary facies in coal accumulation environment of Shanxi formation and the controlling effect of sedimentary microfacies over shale reservoirs.

Details

World Journal of Engineering, vol. 13 no. 4
Type: Research Article
ISSN: 1708-5284

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Article
Publication date: 19 October 2018

Christiana Agbo, Collins Acheampong, Liping Zhang, Min Li and Shai Shao Fu

This study aims to evaluate the use of polyoxyethylene lauryl ether (PLE) as a dispersant in the preparation of novel pigment dispersion with enhanced dispersion ability…

Abstract

Purpose

This study aims to evaluate the use of polyoxyethylene lauryl ether (PLE) as a dispersant in the preparation of novel pigment dispersion with enhanced dispersion ability, which can find application in the printing industry.

Design/methodology/approach

To obtain a good dispersion, PLE was used as a dispersant in pigments dispersion. The colloidal and rheological properties of the PLE-based dispersion, such as particle distribution, zeta potentials and apparent viscosity were evaluated.

Findings

The particle sizes of the pigment dispersions were within the range of 150 to 200 nm. The measurement of zeta potentials varied between −24 to −32 mV, revealing a strong surface charge interaction between pigments and PLE. Subsequently, its stability to high-speed centrifuge and freeze-thaw treatment was carefully investigated. To demonstrate the coverage of pigment particles by PLE, thermogravimetric analysis was carried out. Moreover, X-ray diffraction was used to disclose the combined impacts of PLE and ultrasonic power on the crystal structures of the pigments. Finally, the coloring performance and leveling properties of pigment dispersions on cotton substrates were evaluated by measuring their K/S values (color strength), rub and color fastness properties, which possessed good results.

Research limitations/implications

The dispersant used is incompatible with strong oxidizing agents and strong bases. More so, modification to improve its dispersion properties can be studied.

Practical implications

The use of PLE as a dispersant could be readily used in pigment dispersion processes and other suitable applications. PLE could also be used as a co-surfactant in synergy with other surfactants or dispersants in the dispersion process.

Originality/value

The use of PLE in pigment dispersion as well as investigating its coloring properties on cotton fabric is novel and can find various applications in the dying, printing and coating industry.

Details

Pigment & Resin Technology, vol. 48 no. 1
Type: Research Article
ISSN: 0369-9420

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Article
Publication date: 1 March 1999

Zhang Weidong

Suggests that misunderstandings frequently occur when trying to understand Chinese language and culture, and so gives the implied meaning of various Chinese expressions…

Abstract

Suggests that misunderstandings frequently occur when trying to understand Chinese language and culture, and so gives the implied meaning of various Chinese expressions and sayings such as greetings, thanks, respect, age, congratulations and taboo subjects.

Details

Cross Cultural Management: An International Journal, vol. 6 no. 1
Type: Research Article
ISSN: 1352-7606

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Article
Publication date: 4 April 2008

Shih‐Hao Shen, Yueh‐Min Huang and Jen‐Wen Ding

Wireless mesh networks (WMNs) are regarded as a milestone in developing next‐generation wireless networks. The multi‐hop architecture of WMN makes it very attractive…

Abstract

Purpose

Wireless mesh networks (WMNs) are regarded as a milestone in developing next‐generation wireless networks. The multi‐hop architecture of WMN makes it very attractive. However, interoperability is an inherent problem for deploying a large‐scale WMN, which may consist of various types of wireless networks. There are two intuitive approaches to solving the interoperability problem: the dual‐stack/multi‐stack approach and the naive layer‐2 broadcast approach. While the former incurs high cost in all devices, the latter creates broadcast storm in the whole network. This paper aims to propose a cross‐layer heterogeneous routing protocol for solving this problem without the adverse effects of the intuitive approaches.

Design/methodology/approach

A conceptual discussion and approach are employed.

Findings

The simulation results validate the efficiency of the proposed protocol.

Originality/value

The paper provides details of a method for routing selection in WMNs.

Details

International Journal of Pervasive Computing and Communications, vol. 4 no. 1
Type: Research Article
ISSN: 1742-7371

Keywords

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Article
Publication date: 1 September 2004

Cheng‐Ching Yeh, Kuo‐Hsing Lan, Wei‐Ping Dow, Jui‐Hsia Hsu, Cliff Lee, Chih‐Hao Hsu, Ken Lee, Jordan Chen and Philip Lu

The trend of electronic products toward lighter, thinner, and faster transmission is challenging the printed circuit board industry to incorporate high density…

Abstract

The trend of electronic products toward lighter, thinner, and faster transmission is challenging the printed circuit board industry to incorporate high density interconnection technology (such as build‐up and semi‐additive processes). Micro stacked via is one technology utilized to produce high‐density structures. Dielectric resin, conductive paste or via plating are usually applied for the filling process. As compared with other filling methods, via filling plating technology has advantages in offering a shorter process and higher reliability. This paper discusses the influence of different equipment design, operating conditions and additives on via filling plating technology.

Details

Circuit World, vol. 30 no. 3
Type: Research Article
ISSN: 0305-6120

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Article
Publication date: 2 August 2013

Kuo-An Tseng, Yu-Wen Lan, Hao-Chun Lu and Pin-Yu Chen

The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial…

Abstract

Purpose

The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial crisis is also a major topic of this research.

Design/methodology/approach

This study applies BS as mediator to explore the relationships between IC, BS, and FP. Partial least squares is employed to test the reliability and validity of measurements and the significance of path coefficients, and therefore to examine the hypotheses.

Findings

IC has significant impacts on BS and FP in all samples, as well as in those years before and after the financial crisis. BS has a partial significant mediating effect between IC and FP. BS has significant effects on FP in all samples and pre-financial crisis, but has not in post-financial crisis.

Research limitations/implications

IC has significant impacts on BS and FP. Moreover, the relationships of IC, BS, and FP are different during pre- and post-financial crisis. The direct effect of IC on FP is confirmed and consistent, and the indirect effect of IC on FP by BS is dependent upon the environment status.

Practical implications

Enterprises should pay attention to IC, BS, and the related changes in environment status. These help enterprises develop appropriate strategies, maintain competitive advantage, and upgrade FP.

Originality/value

This study applies BS as mediator, and explores the relationships between IC, BS, and FP. The impact of financial crisis is also discussed. The results may serve as the criteria for strategic performance management.

Details

Management Decision, vol. 51 no. 7
Type: Research Article
ISSN: 0025-1747

Keywords

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Book part
Publication date: 7 January 2015

This chapter examines China’s corporate governance and accounting environment that shapes the adoption of internationally acceptable principles and standards…

Abstract

This chapter examines China’s corporate governance and accounting environment that shapes the adoption of internationally acceptable principles and standards. Specifically, it examines international influences, including supranational organizations; foreign investors and international accounting firms; domestic institutional influences, including the political system, economic system, legal system, and cultural system; and accounting infrastructure. China’s convergence is driven by desired efficiency of the corporate sector and legitimacy of participating in the global market. Influenced heavily by international forces in the context of globalization, corporate governance and accounting practices are increasingly becoming in line with internationally acceptable standards and codes. While convergence assists China in obtaining legitimacy, improving efficiency is likely to be adversely affected given that corporate governance and accounting in China operate in an environment that differs considerably from those of Anglo-American countries. An examination of the corporate governance and accounting environment in China suggests heavy government involvement within underdeveloped institutions. While the Chinese government has made impressive progress in developing the corporate governance and accounting environment for the market economy, China’s unique institutional setting is likely to affect how the imported concepts are interpreted and implemented.

Details

Adoption of Anglo-American Models of Corporate Governance and Financial Reporting in China
Type: Book
ISBN: 978-1-78350-898-3

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