|Present||Head & Associate Professor, Lingnan University ‐ Department of Marketing and International Business|
|Faculty Member, Lingnan University ‐ Faculty of Business|
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Journal Articles (34)
Organizational learning, operating costs and airline consolidation policy in the ...
Journal of Air Transport Management (2017)
This study investigated and reviewed organizational learning in the Chinese airline industry, which is dominated by state-owned or state-controlled airlines. ...
Customer satisfaction and the financial performance of Chinese airlines
International Journal of Management Theory and Practices (2015)
This paper focuses on studying the relationship between customer satisfaction measured by customer complaints and the financial performance of Chinese ...
Estimating technical efficiencies of airports in the Greater China : stochastic ...
International Journal of Shipping and Transport Logistics (2010)
In this paper, we study the technical efficiencies of Chinese airports by using multi-output stochastic output distance function analysis. The ...
本文检验了软预算约束对企业一般投资行为，特别是企业投资对现金流敏感 度的效应。首先，我们建立了一个简单的考虑了软预算约束的道德风险模型。这一模型显 示，在一个存在道德风险的投资环境中，企业投资与自有资金总量正相关。而且，软预算 约束降低了自有资金的举债价值，因而降低了投资对现金流的敏感性。然后，我们以中国 从1995 到2000 年间上市公司的财务数据来检验这些理论推断。我们发现，中国的公司基 本上都有流动性约束。我们进一步发现，国有股比例大的公司的流动性约束比国有股比例 小的公司要小。由于用国有股比例来替代软预算约束的程度是合理的，实证结果支持了我 们的理论推断。
Profitability, Ownership Structure and Technical Efficiency of Enterprises in the ...
Asia Pacific Journal of Management (1999)
This paper studies the relationship between accounting profits and technical efficiency of manufacturing enterprises in Shanghai during the period 1989–1992 ...
Comment : further sufficient conditions for an inverse relationship between productivity ...
Quarterly Review of Economics and Finance (1999)
Extant empirical studies document that productivity gains due to technological progress often lead to reductions in employment. This paper rationalizes ...