Considering three monetary policy rules, together with two endogenous macroprudential policies that are credit constraints for households and counter-cyclical capital for bankers, this paper establishes a dynamic stochastic general equilibrium model. Based on the welfare analysis of different combinations of macroprudential rules and monetary policy rules, this paper identifies the optimal policy combinations and analyzes the coordination effects between macroprudential policies and monetary policies. The results show that no matter what kind of monetary policy rules is implemented, the introduction of (...) macroprudential rules has improved the level of total social welfare. In the optimal “two pillars” framework of monetary policies and macroprudential rules, the main objective of monetary policy is to stabilize price inflation, and the macroprudential policy to be implemented is the CRR macroprudential policy. This combination can effectively promote the stability of the real estate market, financial market, and macroeconomy, while maximizing the improvement of total social welfare. (shrink)

While competition has become increasingly fierce in organizations and in the broader market, the research on competition at an individual level is limited. Most existing research focuses on trait competitiveness. We argue that employee competitiveness can be state-like and can be demonstrated as an attitude toward and behavior representative of competition. We therefore propose a dynamic model with two separate components: competitive attitude and competitive behavior. Drawing upon self-determination theory and the person-environment interaction perspective, we examine how employee competitive attitude (...) and competitive behavior can be influenced by both personal characteristics and team climate, which in turn leads to different work outcomes, as demonstrated in two studies. Study 1 developed measures for competitive attitude and competitive behavior. Study 2 collected data from salespeople in a large insurance company in three waves. The results showed that employee competitive attitude and behavior could be predicted by personality. Moreover, employee competitive attitude and behavior were related to sales performance in differential ways via job crafting, and these mediated relationships could be moderated by team climate. These findings support the two-component dynamic model combining competitive attitude and behavior, which helps promote understanding of the dynamics of competition and its consequences at the individual level. Theoretical and practical implications are also discussed. (shrink)

This book offers an in-depth analysis of Corporate Social Responsibility, gathering contributions by authors from various countries, cultures and political systems. It provides readers with a better understanding of the concept and its implementation in China by pursuing an international approach. The respective contributions examine Corporate Social Responsibility in terms of its close ties to ecology, corporate sustainability and the future of specific industries. The book is the product of two international meetings, the "Ecological Education and Sustainable Development Forum" in (...) Chengdu, China, and the "CSR & Business Sustainability Development Forum" in Shenzen, China. (shrink)

At present, the news broadcast system using mobile network on the market provides the basic functions required by TV stations, but there are still many problems and shortcomings. In view of the main problems existing in the current system and combined with the actual needs of current users, this paper has preliminarily developed a news broadcast system based on 5G Live. The card frame adaptive strategy significantly improves the user experience by using gradual video frame buffering technology. Hardware codec technology (...) significantly reduces the consumption of system resources; H.264 high-compression algorithm can reduce network bandwidth by 50% compared with MPEG-2 and MPEG-4 without a significant change in image quality. At the same time, the use of mobile video acquisition terminals in the system not only solves the problem that satellite broadcast vehicles cannot reach the site due to the lack of roads but also greatly reduces the cost of early deployment and late maintenance of the news broadcast system. This paper studies the card frame adaptive strategy, the system resource consumption reduction solution, and the deployment scheme of the mobile video and audio transmission terminal, which is of great significance to improve the design and research of the news broadcast system under the wireless network application and also has certain reference value for the design of other broadcasting and television solutions. (shrink)

Driven by the theory of sustainable development, Chinese firms have gradually realized the importance of ESG disclosure. Executives play a core role in ESG decision-making, but whether and how top management team (TMT) faultlines affect ESG disclosure has yet to be systematically discussed. Based on the attention-based view and faultline theory, we select 6456 observations of 910 Chinese A-share listed firms from 2012 to 2021 as the research object to empirically test the above critical practical issues that have not been (...) fully answered. We find that TMT information-based faultlines improve firms' ESG disclosure, but TMT social category faultlines reduce firms' ESG disclosure. In addition, the internal mechanism test showed that the TMT's future-oriented attention plays a mediating role in the above relationship. Finally, we also find that institutional shareholding enhances the positive impact of the TMT's future-oriented attention on ESG disclosure. This study enriches the literature on TMT faultlines and ESG disclosure, demonstrating that the composition of the TMT and its attention allocation are important factors for promoting firms' ESG disclosure. The conclusions of this study can help firms strengthen their ESG disclosure by building efficient TMTs and provide important implications for firms to better fulfill their ESG responsibilities. (shrink)

We contribute to the literature on intentions to report wrongdoing by examining whether Chinese internal auditors make consistent judgments when an ethical dilemma is presented in English and when the same dilemma is presented in Chinese. We invoke cultural frame switching theory, and our findings, which are based on a randomized experiment using between-subjects and within-subject mixed design, support the hypothesis that Chinese internal auditors are more likely to report wrongdoing when the ethical dilemma is presented in English than when (...) it is presented in Chinese. Our results, which demonstrate that internal auditors make inconsistent ethical judgments in English and Chinese, point to language-triggered cognitive bias resulting from cultural mindsets. We suggest practical interventions and language strategies to improve audit quality. (shrink)

ExcerptOne of the most challenging aspects of the wars in Ukraine and Israel is the way in which the conflicts have been constantly shifting in form. In the first place, there is a conventional ground war between Russia and Ukraine, in which the identity and will of the two peoples are at stake. Yet Russia has used weapons supplied by Iran and North Korea, and Ukraine relies on NATO for its own supplies, indicating that this war depends on the maintenance (...) and expansion of alliances. The stability of these alliances in turn depends on a combination of Realpolitik and shared values as the glue that holds them together. This logic of alliances motivates the energy war that Russia is waging with Europe, revealing that, unbeknownst to Europe, Russian energy policy over the last decade was an early form of the war. Similarly, the threat of nuclear war also tests the resolve of NATO, forcing it to consider the values at stake in the conflict. Is the war about Ukraine’s sovereignty or the principle of nation-state sovereignty itself? Is it about human rights for Ukrainians or the entire human rights project? For Russia, is it about self-defense or a pan-Slavic identity? Is it about the protection of Russian minorities in Ukraine or the threat of Western secularization? The answers to these questions will determine the will to fight on each side and thus the length and ferocity of the war. (shrink)

This book attempts to reveal Karl Marx’s philosophical critique of the social being in capitalist societies from the text of Capital. Marxists’ different understandings of Capital in different historical periods reveal the rich meaning of Capital, which plays an important role in promoting Marxian philosophy. These different modes of interpretation also mean that the understanding of Capital is endless, because re-reading of Capital will always open up a new realm for the interpretation of Marxian philosophy. Since the financial crisis in (...) 2008, Capital has once again become a hot topic in academic fields. However, in these new interpretations, there is no fundamental breakthrough in the illustration of Marx’s thought, because some either stick to the discussions in pure economic fields, some the revision of Marx’s manuscripts from the perspective of literature compilation, others the role of Engels’ edition. The popularity of Capital mainly stays in a certain emotion and in the internal requirements of critical reflection on capitalist society. (shrink)

ExcerptWe often have the experience of intuiting something without being able to precisely define what that intuition is. Sometimes this intuition leads to a more well-defined insight, and sometimes it might lead to some kind of action, even in the absence of clear conceptual definitions. Yet it is difficult to ascertain what kind of knowledge or awareness such intuitions consist of. What is an intuition as opposed to a defined concept of something? How seriously should we take such intuitions? Are (...) they something separate and qualitatively different than concepts? Are they just fuzzy concepts? Do they really exist at all? These are crucial questions because they lead to conclusions about the status of concepts themselves. If the alternative to clear concepts is nothing at all, then the sociopolitical corollary would be that the alternative to conceptual knowledge and the holders of such knowledge would also be nothing at all. By contrast, if intuitions are separate from concepts and real, then expert knowledge might possibly have some deficiencies in comparison with intuitions. The essays in this issue of Telos explore in one way or another this question of the status of conceptual knowledge as opposed to intuitive awareness. (shrink)

Seepage analysis is always a concern in dam safety and stability research. The prediction and analysis of seepage pressure monitoring data is an effective way to ensure the safety and stability of dam seepage. With the timeliness of a change in a monitoring value and lag due to external influences, a RS-LSTM model written in Python is developed in this paper which combines rough set theory and the long- and short-term memory network model. The model proposed calculates the prediction score (...) of the seepage pressure of a dam experiencing multiple effects by preordering factor importance values to eliminate the interference of redundant factors. A case study shows that the water level, rainfall, temperature, and duration are all factors that affect the seepage pressure, and their importance values decrease successively. Thus, the seepage pressure of a dam can be predicted with a determination coefficient R2 of 0.96. Compared with the recurrent neural network model and BP neural network model, the training time of the RS-LSTM model proposed is 6.37 s, and the operation efficiency is 41% and 59% higher than that of the RNN and BP models, respectively. The mean relative error is also 3.00%, which is 50% lower than that of the RNN model and 31% lower than that of the BP model. Based on these results, this model has the advantages of fast computation speed and high accuracy in prediction. (shrink)

The subject of the study is the works of contemporary St. Petersburg artists of different generations and creative trends, as well as the forms and features of their communication with each other and with the general as well as professional public. The trends of artistic communication in the city are determined by the activities of such institutions as art and non-art museums, art galleries and exhibition centers, which are a classic form of presentation of contemporary art; alternative venues such as (...) creative spaces and art clusters. The field of attention also includes the attraction of St. Petersburg authors to the organization of small artistic associations, mainly art groups, for example, "Unconquered", "North-7", "Parasites", etc. In addition to works of art, theoretical works and reflections by researchers of contemporary art in St. Petersburg and the spaces of its public presentation are involved. The methodological basis is the analysis of the works of St. Petersburg masters of the beginning of the XXI century in the context of the development of urban institutions of artistic communication. The research is based on theoretical works devoted to the problem of artistic communication and trends in the current art process. Comparative-interpretative and typological methods are used to compare the works of artists and forms of artistic communication. The problem of artistic communication in the field of fine art in St. Petersburg is becoming the subject of a separate study. This area of city life is currently developing quite dynamically, as new art associations, curatorial practices and alternative classical platforms for the presentation of the work of authors belonging to different generations and art movements are emerging. Traditional museums and galleries, as well as creative spaces, art clusters and other often non-core institutions, such as libraries and cafes, are involved in this process. Against this background, the features of St. Petersburg artistic communication crystallize, which is characterized by a desire to organize communities, to fuse realistic traditions and current trends, to escapism and symbolism, as well as an interest in oriental themes and stylistics. (shrink)

Volume 51, Issue 11, October 2019, Page 1173-1177.

In lieu of an abstract, here is a brief excerpt of the content:Mahāyāna Interpretation of Christianity:A Case Study of Zhang Chunyi (1871–1955)Lai Pan-chiu and So Yuen-taiMahāyāna Buddhism is one of the most popular religions in East Asia. It reflects the characteristics of the culture of East Asia and has had a tremendous impact on the culture(s) of the region. When Christianity was introduced into East Asia, it did not enter a religious vacuum. Because the people of East Asia have their (...) own culture, including their worldviews, values, and preunderstandings of religion, it is expected that they may interpret the Christian religion in a way significantly different from the Western interpretation of Christianity. One of these possible ways of reinterpreting Christianity is facilitated by the Mahāyāna Buddhist framework.This paper consists of an analysis of the Mahāyāna interpretation of Christianity made by Zhang Chunyi (1871–1955).1 Zhang was a rather well-known Sinologist who published several commentaries on Chinese classics, including Mozi, Laozi, and Zhuangzi. Though he had been well trained in Chinese classics, he was attracted to Christianity, with the hope that Christianity might contribute to the social reform of China. He even received baptism in an Anglican church in 1905. However, because of his in-depth study of Buddhism and his disappointment with the actual practices of the Christian churches at that time, he eventually converted to Buddhism during the 1920s. From that point, he formally promoted the slogan "Buddhicizing Christianity" (Fohua Jidujiao). His proposal for Buddhicizing Christianity includes a severe criticism of the "foreign" form of Christianity being "imported" to China mainly by the Western Protestant missionaries who, according to Zhang, preached a simplistic and even distorted "gospel" for they lacked the spiritual training (nei xue, lit., "inner learning") as well as the intellectual ability to understand sophisticated Chinese philosophy and genuine Christianity. Partially under his influence, some of his contemporary Chinese Christians were converted to Buddhism. In fact, he published at least eight books on interpreting and reforming Christian doctrines from the perspectives of Buddhism, Confucianism, and so on.2 He was probably the most prolific writer on the subject of his generation and one of the pioneers [End Page 67] in what is now called Mahāyāna theology. This brief outline of his rather unusual religious journey might have indicated the importance of the study of his Buddhist interpretation of Christianity. However, owing to mainly sociopolitical turmoil as well as the religious atmosphere at that time and in the subsequent decades, his Buddhist interpretation of Christianity has not been formally studied for decades.In recent years, more and more studies of Buddhist-Christian dialogue take place in the Chinese context.3 It is important to study previous cases of Buddhist-Christian dialogue, Mahāyāna theology, and so on. Some of these cases, including Zhang's, have been studied.4 This paper aims to examine Zhang's thought critically and to show that although Zhang advocated a Mahāyāna interpretation of Christianity before and after his conversion to Buddhism, his interpretations before and after his conversion to Buddhism are significantly different. It is proposed that whereas his interpretation before his conversion aimed at the indigenization of Christianity and thus, the evangelization of the Chinese, his interpretation after conversion was made with a view to converting the Christians to Buddhism, even though both aimed at the reformulation, or even reform, of Christianity.Zhang's Proposal of "Buddhicizing christianity"Zhang was a scholar of classical Chinese literature, active during the Republican era. He was knowledgeable in Confucianism, Daoism, Buddhism, and Moism. His study of Moism remains highly regarded.5 Zhang became a Christian and worked for the Christian Literature Society for China (Guan xue hui) in Shanghai for some years. He published several books with a view to indigenizing Christian theology by interpreting it through Chinese philosophical and religious concepts. Zhang's attempt aimed at reinterpreting Christian doctrines within the Buddhist framework in order to make Christianity more acceptable to the Chinese. However, in the 1920s, he himself converted to Buddhism and began to promote his proposal of "Buddhicizing Christianity" (Fohua Jidujiao),6 aiming to convert Christians to Buddhism.Because Zhang had... (shrink)