The design of the stockholder＇s rights drive model based on combination reward contract

This paper, from the perspective of economics and management, and mainly from the perspective of economics, conducts an exploratory research on the managerial incentive and constraining mechanisms in listed companies. This paper analyzes the population conditions of investment, financing, annual salary and stock option of the listed company in China. The paper designs the combination salary model which combines the annual salary and stock option. The listed companies of China have prodigious disfigurement in finance incentive mechanism, which is incentive deficient and constrain weak. The purpose of this paper is to design the stockholder＇s rights drive model based on combination reward contract. The results show that the listed companies in China prefer comparatively to the stock right financing and the listed companies＇ operators are not reason in investment. So it is designed the combination salary model which combines the annual salary and stock option. And it would be enlarging the liabilities financing to governing it. The paper puts forward essential factors which constitute the financial evaluation system and the measures which perfect and optimize the obvious incentive and hidden incentive, helping the listed companies to explore specific models in compensation design.     

Is it really performance that is measured？ A reflection of the South African Government＇s performance management system

The institutionalisation of performance management in the South African public service is a post-1994 intervention necessitated by the need to counteract the legacy of poor performance in public service institutions. Performance management as an integrated system is not a standalone intervention, but has direct links with other organisational processes. At both the micro- and macro-levels, PMS （performance management system） recognises institutional performance relationships between individuals＇, teams＇ and departments＇ performance contributions for attaining government performance targets. These institutional performance relationships in the South African public service have attracted excessive attention, whilst their performance impact in communities has been overlooked. In addition, the interdependence between the dichotomies of PMS： institutional performance relationships and performance impact have also been overlooked. In the South African context, this condition creates a disparity in terms of which government employees are rewarded for outstanding performance, whilst targeted beneficiaries express dissatisfaction, often with violent protests, over government＇s performance in the delivery of basic services. The protestors cite poor service delivery in prioritised key performance areas of the South African Government. The granting of performance rewards to government employees is an expression of performance excellence, which should translate into quality service delivery. Such delivery should not only meet the levels of service delivery expectations of targeted communities, but should also result in their total satisfaction. The article is founded on the basis that any disparity between targeted beneficiaries＇ service expectations and level of satisfaction can be linked directly to government progress in PMS implementation.     

China＇s Political Stability and Comprehensive National Power： A Case Study of the Conflict in Xinjiang

The concept of comprehensive national power （CNP） is proposed and developed by several Chinese scholars and academic institutions. Many material capabilities, for example, economic growth and military might, are incorporated into the concept to measure China＇s national power vis-h-vis other major powers, especially the U.S. This paper, however, contends that understanding China＇s CNP through material capabilities is only part of the story. Yet, China＇s political stability is by no means assured and fully incorporated into the concept. China has undoubtedly faced many threats and challenges to its political stability. Apart from the Two Ts＇ problem （Taiwan and Tibet）, the conflict in Xinjiang not only threatens China＇s political stability since the establishment of the People＇s Republic of China （PRC） in 1949, but also affects its CNP as a whole. This paper concludes that measuring the genuine CNP should be based on the factors from which a country would earn or benefit, and also on those of which it would have to pay a price. Needless to say, the conflict and political instability in Xinjiang are an example of the price which China has to pay.     

Groundwater irrigation management in the Kingdom of Saudi Arabia： A case study of Al-Wajid aquifer

Groundwater is the primary source for water irrigation in the Kingdom of Saudi Arabia. As a result of lack of basic knowledge on irrigation practices, massive abstractions of groundwater occurred in 1980s. A decision support linear programming （LP） model was developed to help in allocation of optimal groundwater irrigation use, to assess policies implication for water management efficiency, and to estimate welfare impact on producer surplus is developed. Due to massive abstractions occurring in 1980s, Al-Wajid aquifer water levels have dropped in agricultural areas by more than 200 m. The total groundwater of Al-Wajid aquifer that can be saved is equal to 158.7 MCM for the first scenario, 211.9 MCM for the second scenario, and 15,087 MCM for the third scenario. Regarding welfare analysis impact, it is clear that the second scenario alternative is the best alternative, since the value of the producer surplus is the highest for the two study regions and also the two type schemes of modern and traditional irrigation, except the traditional irrigation of Najran region.