Transactions on Economics, Business and Management Research Transactions on Economics, Business and Management Research
Vol. 1 (FIEM 2023)
4th International Conference on the Frontiers of Innovative Economics and Management
FIEM 2023
Conference Dates: October 14-15, 2023
Conference Venue: Hong Kong, China
Conference Editors: Xixi Zhou, Yedda Austin
Conference Website: http://www.icfiem.org
ISSN: 2960-1789
eISSN: 2960-2254
ISBN: 978-1-62437-774-7
Published: October 24, 2023
Preface: 4th International Conference on the Frontiers of Innovative Economics and Management (FIEM 2023)

Articles

Evaluation Model and Promotion of Logistics Transportation D&A System based on AHP

Abstract: To maximize the potential and value of enterprise data assets, this paper analyzes and evaluates the data asset management and analysis (D&A) system for logistics enterprises. A relatively complete system is put forward for enterprise data asset management, and a comprehensive evaluation model based on the Analytic Hierarchy Process (AHP) is constructed. The Key Performance Indicato (KPI) is determined by the key success factor method, and the right is further quantified. The comprehensive score … Read More

Research on the Development Process and Influence of RMB Internationalization under the Background of Hiroshima G7 Summit in 2023

Abstract: The internationalization of the RMB is a complex and arduous process. The internationalization of the RMB refers to the economic process in which the RMB crosses national borders and becomes a widely recognized tool for pricing, settlement, reserves, and market intervention internationally. This article conducts further research on the development process and impact of RMB internationalization in the context of the 2023 Hiroshima G7 Summit. The inclusion of RMB in SDR has broadened the export … Read More

Research on Short-selling Mechanism and Market Impact from the Perspective of Information Disclosure of Listed Companies

Abstract: According to the perspective of information disclosure of listed companies, the "short selling" mechanism means that investors borrow shares and sell them, and then buy them back at a lower price. The research on the influence of "short selling" mechanism on the market is quite controversial. Supporters believe that it helps to correct the overvaluation and bubbles in the market and makes the management of the company more cautious and transparent. However, critics worry that the "short-selling" … Read More

Research on Pricing and Replenishment Strategy for Vegetable Commodities based on Non-linear Programming

Abstract: With the improvement of people's consumption level and the change in consumer mindset, how to develop pricing and replenishment strategies has become an urgent issue for fresh food supermarkets. This paper first utilizes an improved ARIMA-LSTM model to forecast the purchase price and sales volume of six types of vegetables for the next 7 days. It then conducts regression analysis on the sales volume and cost-plus pricing using GBoost algorithm. Furthermore, a Non-linear Programming model for … Read More

Challenges and Countermeasures of Digital Transformation in Small and Medium-sized Enterprises

Abstract: The purpose of this article is to discuss the challenges faced by small and medium-sized enterprises in the process of digital transformation and to propose appropriate countermeasures.In terms of challenges, the first is the replacement of technology and equipment, Small and Medium-sized Enterprises need to meet the market demand for timely updating of technology and equipment. Secondly, financial and cost constraints are also an important factor, and Small and Medium-sized Enterprises usually … Read More

Research and Analysis of Green Finance on Business Development of Commercial Banks

Abstract: The introduction of green policies has continuously deepened the implementation of commercial banks in green finance. In this paper, Chinese commercial banks are the object of study, and green credit is taken as the main form of green finance, which is comprehensively analysed in terms of both financial performance and risk of commercial banks. Through the analysis of green credit, it is found that green credit is conducive to enhancing the return on total assets of commercial banks, which can … Read More

Research on Construction Project Cost Prediction Model based on Multilayer Perceptual Machine

Abstract: Since China's construction project pricing has long been in the stage of quota and bill of quantities concurrently, most of the projects are still based on the quota in the pre-project cost measurement, which consumes a lot of human and material resources and financial resources. In this paper, we use the method of machine learning to firstly select the cost elements, use the method of t-SNE to do the dimensionality reduction of the data, and then predict the unilateral cost of the construction … Read More

Research on Stock Market Investment Strategy based on Deep Q-Network and Strategy Gradient Method

Abstract: As China enters a new era and the stock market investment strategy enters the stage of high-quality development around adhering to people-centered development, it is worth highlighting the following recommendations: investment strategies that better meet investors' risk and return needs. Based on the dynamic evolution of stock market development and according to the internal logic of the Merrill Lynch cycle, a theoretical analysis framework for stock market investment strategies is constructed, … Read More

Research on Influencing Factors of Logistics Efficiency Based on DEA Model

Abstract: This paper studies the input and output indicators of logistics and various factors that affect logistics efficiency, constructs DEA model and multiple regression model, analyzes and predicts each factor, and then obtains the influence of each factor on logistics efficiency. It is found that the influence of technological progress on logistics efficiency is very important. Through the analysis of the data, it is found that the logistics industry generally has the problem of high cost, which … Read More

An Experimental Economic Study of Behavior based on Present Hedonic Preferences

Abstract: This study included 80 subjects. Using trust game task (TG) and hedonic risk subscale and economic risk subscale of specific domain risk scale, the effects of economic risk preference and hedonic risk preference on trust behavior were studied. The research shows that in the two different trust response situations, the choice of hedonic risk preference has a significant relationship with people's trust, the choice of hedonic risk preference has a significant impact on people's trust degree, and … Read More

Empirical Analysis on the Development of Green Finance in the Yellow River Basin

Abstract: Green finance is aimed at promoting green economic growth, using financial tools and other financial means to reduce the degree of environmental damage in the Yellow River Basin, improve the utilization of limited resources, and alleviate the contradiction between humans and ecology, in order to achieve healthy economic development to the greatest extent possible on the root issues. This article presents the current status of green finance in the Yellow River Basin from the perspectives of green … Read More

Application of Risk Management in Medical Building Construction Safety Management

Abstract: Medical building construction safety is a complex process involving  various potential risks. The application of risk management in healthcare construction is becoming increasingly critical for ensuring a safe, efficient, and seamless construction process. This paper provides an in-depth exploration of risk management, its practical application in medical construction, and the advantages it confers. Specifically, the paper introduces the fundamental principles and procedures of risk management, … Read More

Analysis of the Relationship between Public Economic and Financial Management and Improvement of People's Livelihood

Abstract: Public economic and financial management is an important part of modern society, which is related to the economic development and social progress of the country, and also directly affects the well-being of the people. In this process, the improvement of people's livelihood, as one of the basic responsibilities of the government, becomes one of the important goals of public economic and financial management. Therefore, an in-depth study of the relationship between public economic and financial … Read More

Research on Consumers' Purchase Intention and Influencing Factors on E-commerce-assisted Agricultural Products in Anhui Province

Abstract: Nowadays, digital business models such as Internet e-commerce have become an important force to empower rural revitalization. This paper takes consumers in Anhui Province as the survey object, integrates the theoretical model of planned behavior and the technology acceptance model, and introduces the variables of perceived risk and perceived benefit. Factor analysis and ordered Logit regression analysis are used to conduct empirical research to understand the factors affecting consumers' … Read More

Research on The Construction of Digital Transformation Evaluation Index System of Small and Medium-sized Enterprises from The Perspective of Digital Economy

Abstract: With the popularization of digital technology, small and medium-sized enterprises are facing many new development opportunities. To this end, this project plans to sort out the research results related to the digital transformation of small and medium-sized enterprises, and incorporate them into a complex and dynamic environment, and establish its evaluation index system. This research provides an evaluation index system for the digital transformation of small and medium-sized enterprises in the … Read More

Marketing Analysis and Expanding Development of Jingdefang Porcelain Industry in The Post-Covid Epidemic Era

Abstract: The advent of the post-epidemic era has precipitated a critical juncture for Jingdezhen's renowned Porcelain industry, necessitating a comprehensive reevaluation and strategic realignment to navigate emergent socio-economic landscapes. This research delves into the complexities and intricacies of reshaping the Porcelain industry of Jingdezhen, a city heralded for its millennial legacy in porcelain making and globally recognized as a cultural epicenter for its artistry in China. Utilizing SWOT … Read More

Analysis of Tax System Optimization from the Perspective of Tax Evasion Cases Involving Public Figures

Abstract: Taxation constitutes a primary source of fiscal revenue for many countries. In recent years, there has been a surge in instances of celebrities engaging in tax evasion. The fundamental driver behind such behavior lies in the pursuit of personal interests. Despite hefty fines and the jeopardization of careers for some individuals, others continue to employ tactics such as signing "yin-yang contracts" to evade taxes. As public figures in the entertainment industry, their actions prompt societal … Read More

Take Anhui Province as an Example Research from the Perspective of Platform Economic to Study the Advantages and Disadvantages of the Construction in New Free Trade Zones

Abstract: The coexistence of the globalization of international trade and regional economic protectionism has led to the continuous impact on international trade. Taking free trade zone as a platform is one of the greatest responses to promote international trade. The free trade zone is also of great significance to the development pattern of China's "domestic and foreign dual -cycle". It is not only an important platform for China to adhere to the national policy of “Opening up”, but also an important … Read More

Study on the Empowerment of Inclusive Finance by Financial Technology in WeBank

Abstract: The United Nations introduced the concept of inclusive finance in 2005, aiming to support economic entities from all social strata in need of financial services. In China, inclusive finance is of paramount importance due to challenges such as a large population, regional disparities, wealth inequality, and ongoing financing obstacles for small businesses and low-income individuals. The recent three years of the pandemic have exacerbated economic difficulties, highlighting the need for a focus on … Read More

The Influence of Negative Public Opinion on the Stock Market of Biopharmaceutical Enterprises under Covid-19

Abstract: This report investigates the impact of negative public opinion on the stock prices of biopharmaceutical companies during the Covid-19 pandemic. The research questions include why public opinion affects the stock market of biopharmaceutical companies, the extent to which public opinion impacts biopharmaceutical enterprises, and what biopharmaceutical companies can do to avoid or manage these effects. The study first summarizes the process through which public opinion affects stock prices using a … Read More

Climate Change and Socio-Economic Disparities in the Anthropocene: An Analysis of the Impact on Fulani Women and Children in Guinea and the Potential for Sustainable Development Paradigms

Abstract: This paper focuses on an intersectional analysis of climate change, induced by the Anthropocene epoch, and its ramifications on socio-economic disparities among Fulani women and children in Guinea. The Anthropocene epoch, marked by significant human-induced alterations to the Earth’s geophysical systems, engenders not only severe climatic changes but also substantial socio-economic challenges. However, it simultaneously unveils opportunities for transformative action in developing nations such … Read More

Risk Analysis and Preventive Measures for Credit Card Business of Commercial Banks

Abstract: In recent years, China's credit card business has developed rapidly and gradually become a new development highlight for domestic commercial banks. However, with the development of credit card business, the risk frequency of credit card business has also increased. How to fully and effectively learn from advanced foreign experience and establish a risk management system suitable for China's actual situation is of great practical significance for resolving the risks of credit card business in … Read More

Research on the Principle of Marketization to Deal with Financial Risks and Their Dilemmas

Abstract: The continuous progress of financial technology, interest rate increase means emerge in an endless stream, and financial risks continue to accumulate. The principle of marketization requires that the equal status of market entities be effectively maintained and the mechanism of self-governance be perfected. In order to maintain financial stability and resolve financial risks, the principles of marketization and rule of law emphasize that financial institutions actively help themselves. The … Read More

The Impact of Independent Directors' Changes and Relocation on Corporate Financial Risks

Abstract: Financial risk is an inevitable problem in the process of business management. Nowadays, as the development of current economy, the specific methods of business and financial activities of enterprises are becoming increasingly diversified and complex. As a result, the forms of risks are becoming more and more diverse, the financial risk management is becoming increasingly important. If an enterprise fails to effectively control its financial risks, the stability of its operations may be … Read More

Family Network and Household Expenditure

Abstract: Consumption has a lasting pulling power on the economy and is an important expectation on China's road to stable growth, but the problem of underconsumption has become increasingly prominent in China in recent years. Unlike social and clan networks, the unique structure of family network allows families to maintain closer ties with each other by blood and marriage. This paper examines the impact of family network and household consumption expenditure using data from the China Family Tracking … Read More

Does FDI Boost China's real Economy? Based on Empirical Evidence at the Provincial Level

Abstract: Based on the provincial panel data from 2003 to 2020, this paper studies the influence of foreign direct investment (FDI) on the development of real economy (REAL) by using the mediating effect and threshold effect model. The results are as follows: First, FDI has an obvious pulling effect on Chinese real economy, and this pulling effect shows obvious regional difference in the eastern, middle and developed areas. Second, the empirical analysis of the mediating effect of FDI shows that the … Read More

Does the Carbon Trading Pilot Policy Have an Inhibitory Effect on the Growth of Carbon Emissions in the Pilot Area?

Abstract: With the increase of carbon dioxide emissions year by year, how to achieve carbon emission reduction has become an increasing concern of all countries. As the world 's largest carbon emitter, China has put forward the emission reduction targets of "carbon peak" and "carbon neutrality", and formally implemented the pilot policy of carbon emission trading in 2013. By studying the panel data of 30 provinces from 2006 to 2019, this paper uses the DID model to test the actual emission reduction … Read More

Study on the Influencing Factors of Digital Transformation on the Resilience of Pharmaceutical Supply Chain

Abstract: Under the background of coping with changes and crises through digital transformation in various fields in China, and by using the questionnaire data collected from employees of pharmaceutical enterprises, this study conducts multivariate logistic regression analysis on the impact of digital transformation on the resilience of pharmaceutical supply chain. The results show that the automation level of sales management, the real-time tracking level of goods, the popularity of process robots and … Read More

Does Financial Technology Stimulate Innovation in High-Tech Industries? A Study based on Provincial-level Empirical Evidence from China

Abstract: Against the backdrop of the rapid development of financial technology, it provides diversified and flexible financing channels for high-tech industries and creates an ecosystem favorable for innovation. This paper explores the impact of financial technology on innovation in high-tech industries based on provincial-level panel data from 2011 to 2020. The results reveal that (1) Financial technology plays a crucial role in promoting innovation in high-tech industries, but its impact varies at the … Read More

Research on the Impact of Market Maturity on Local Import and Export Trade

Abstract: Due to many endogenous problems in the market maturity, it is impossible to accurately judge its impact on import and export trade. By constructing the panel fixed effect model and other methods, this paper provides more insights for studying the impact of market maturity on import and export trade. The results of this paper are as follows: (1) The market maturity can significantly promote import and export trade. Compared with the central and western regions, the import and export trade in … Read More

Digital Divide and Social Integration of Rural Elderly People

Abstract: In the digital era, digital technology has developed rapidly and has filled every aspect of people's lives. However, older people, especially those in rural areas, encounter many difficulties using digital technology and lack appropriate digital skills. Research on the digital divide among older people has mainly focused on the causes and mechanisms of the digital divide, with a relatively simple perspective. Few studies deal with the digital divide for rural elderly people, and the coverage is … Read More

The Impact of Pay Equity on Organisational Resilience

Abstract: In recent years, natural disasters, geopolitics, trade disputes and many other emergencies have posed great challenges to the survival and development of enterprises. All the activities of business management are facing greater uncertainty than ever before. In order to enable enterprises to better survive and develop in the VUCA era, how to improve organizational resilience has become a key concern of enterprises. Employees, as the core force of the organization, have a certain impact on the … Read More

Stock Market Investment Advice for an Aging U.S. Population in the Age of Technology

Abstract: The purpose of this paper is to analyze the impact of the phenomenon of the increasing aging of the U.S. population on financial market related stocks - pets, technology and healthcare - based on the background of rapid technological development. Technology is the main theme of the times, pets are the healing agents of the mind and medical care is the foundation of health protection. We expect to analyze their market risk through CAPM, construct an analytical model through Markowitz portfolio … Read More

Analyzing the Change of Enterprise Management Work in the Era of Big Data and Artificial Intelligence

Abstract: In the context of the data era, the rise and rapid development of artificial intelligence technology has made enterprise management suffer a greater impact, and enterprise management has undergone multiple changes. The purpose of this paper is to discuss the profound change of enterprise management in the era of big data and artificial intelligence. By analyzing the impact of big data and artificial intelligence on enterprise decision-making, strategic planning, marketing, production processes … Read More

Exploration and Practice of “Multi-layer,Multi-dimensional and Diversified” Double-high Talent Training Mode of Industrial Internet in Higher Vocational Colleges

Abstract: No experience to follow for industrial Internet talent training, training mode of the single, produced the research with lack of fusion, quality security problems, such as Guangdong Industry Polytechnic industry Internet professional group of focusing on the Internet technology, artificial intelligence, a new generation of communications technology, the Internet+ industries, Enabling light manufacturing industry to transform and upgrade,  Form "multi-level multi-dimensional diversity" industrial … Read More

The Global Politics of Climate Change

Abstract: International Energy Agency (IEA)'s 2021 statistics show that “transportation was responsible for 37% of global CO2 emissions (IEA, 2021).” The IEA also suggests that “carbon emissions from transportation must decrease by 20% by 2030 to achieve the global net zero target by 2050 (IEA, 2021).” This paper will concentrate primarily on the road sector, which accounts for 76.6% of transportation's carbon emissions and is one of the most dependent industries on fossil fuels. Therefore, the transition … Read More

Study on the Assessment of the Long-term Impact of Consumer Voucher Issuance on Specific Industries and Regional Economies

Abstract: This study aims to assess the long-term impact of government-issued consumption vouchers on the economies of specific industries and regions. Consumption vouchers have been widely adopted as a fiscal policy tool in many countries to stimulate consumption and promote economic growth. We study consumption voucher policies implemented at different times and places, and use in-depth data analysis and economic modelling to explore their lasting effects on industries and regions. First, we find that … Read More

Cultural Differences in Import and Export Trade and Their Impact on ESG Strategies of Multinational Enterprises

Abstract: This paper discusses the influence of cultural differences in import and export trade on ESG strategy of multinational enterprises. First of all, the article introduces the concept of cultural differences and their causes, and points out that cultural differences have an impact on all aspects of multinational enterprises. Then, the paper deeply discusses the concept of ESG strategy and its three key areas, and expounds in detail how ESG strategy affects the image, operation and long-term growth … Read More

The Challenge and Response of Human Resource Management for Cross cultural Teams in the Context of Globalization

Abstract: Global economic integration makes the status of cross-cultural teams in various organizations increasingly prominent. Due to the differences in values, beliefs, working methods and communication methods of team members with different cultural backgrounds, it brings a series of challenges to human resource management (HRM). By studying the challenges and coping strategies of human resources management of cross-cultural teams under the background of globalization, this article reveals the problems … Read More

The Influence of Diversified Innovation Strategies on the Survival Resilience of Enterprises under the Background of Globalization

Abstract: Globalization is an important trend of current world economic development, which brings many opportunities and challenges to enterprises. In this context, enterprises need to actively respond to the challenges brought by globalization, and constantly innovate and improve to adapt to the changing market demand and improve their competitiveness. This paper mainly studies the influence of diversified innovation strategies on the survival resilience of enterprises under the background of … Read More

Strategic Analysis of Ecosystem Protection and Sustainable Growth in Internationalized Cities

Abstract: Under the background of globalization, international cities play an important role in promoting economic growth and cultural exchanges. However, the stage of urbanization has also brought many ecosystem problems and challenges, such as environmental pollution, climate change and urban expansion, which seriously threaten the sustainable growth of cities. Therefore, the combination of ecosystem protection and urban sustainable growth is a necessary condition for the healthy development of an … Read More

Population Urbanization and Common Prosperity in Hunan Province: Theoretical Analysis and Empirical Research

Abstract: Population urbanization is a necessary process in the process of modernization of every country, and it is of great significance to achieve Common prosperity. In order to study the specific mechanism of the impact of population urbanization on Common prosperity, this paper selects the Panel data of 14 cities in Hunan Province from 2010 to 2021, and uses the fixed effect model to empirically study the impact of population urbanization on Common prosperity. Through the study, we can find that … Read More
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