Foundation Ownership and Financial Performance: Do Companies Need Owners?

A curious ownership structure is found in Northern Europe—foundations that own and operate business companies. The foundations are non-profit entities, they have no members and no owners, and they cannot be dissolved. In many cases, these entities control more than 50% of the votes in successful international companies. Obviously, this structure completely blocks the market for corporate control, but it also violates other basic principles of agency theory and corporate finance. Nevertheless, we present evidence that a sample of foundation-owned companies listed on the Copenhagen Stock Exchange are at least as efficient as other listed companies in terms of risk adjusted stock returns, accounting returns and Tobins Q. Thus, they question whether profit-seeking ownership is a necessary condition for competitive enterprise.JEL Classification: D23, G34, L31     

社会转型与中国乡村权力结构研究--传统文化、乡镇企业和乡政村治

党的十一届三中全会以来,我国农村的改革促进了乡村社会的转型,传统文化的复兴、乡镇企业的崛起、乡政村治的建立等等导致了乡村权力结构中包含的具有各自利益需求和交换关系的主体--国家、基层政府、社区组织、乡镇企业、村民等等--不同身份特征的获得,并决定了他们有可能占有的资源及其相互的利益关联.对11省14个村庄的调查和比较,再现了转型期乡村权力结构的调整和重构.     

代表人民利益与“新的社会阶层”

中国共产党始终代表中国最广大人民的根本利益,当然包括要代表"新的社会阶层"的利益,新的社会阶层同样是人民群众不可分割的一部分,因而必须在理论和现实的统一上对"新的社会阶层"的定性、定位问题作出科学的判断与回答。     

农村合作基金会的法律规制

对农村合作基金会的法律规制以其法律定位“社区性资金互助合作组织”为中心 ,有内外二条路径 ,内部路径是建设健全农村合作基金会的组织机构 ,外部途径是加强对农村合作基金会的监管。内部途径以自治、民主管理、有利监督、法人化为其价值取向 ,并借鉴成熟的机构制衡原理以发挥其整体效能 ;外部监督由农业行政管理部门实施 ,在设立审批、登记管理、证照与年检管理、负责人与从业人员资质管理、业务范围与业务规则的管理等多方面进行。内外两种规制方式的有机结合 ,能确保农村合作基金会社区性、合作性的本质 ,真正发挥其对现行金融体制拾遗补缺的功用 ,促进农村社会的经济发展     

践行“三个代表”坚持执政为民

贯彻“三个代表”要求,本质在坚持执政为民。执政为民从根本上讲就是要求我们党的一切工作都要以人民群众的根本利益为出发点和落脚点,以最广大人民的支持拥护为最高标准。     

试论农村社区中留守女性生活方式的转变

在城市化的大潮中 ,农村出现的“3 86199部队”现象对城市化的发展进程产生着影响。女性生活方式的转变对实现这一类社区走向城市化有着积极的作用。但农村社区女性的现实生活方式比较落后 ,难以带动整个社区生活方式的转变。对女性生活方式现状及其生活方式落后的原因进行分析 ,有助于依托女性组织 ,借助社区主要劳动力缺失的机会而使女性获得发展机遇 ,实现女性生活方式的现代化。     

实践“三个代表” 切实解决农村干部中存在的主要问题

在农村开展“三个代表”重要思想学习教育活动,稳妥地解决农村干部的主要问题,不断提高农村干部的素质。     

Private Policing in Context

This article considers the development, growth and significance of private policing in a wider context. Section one suggests that the rebirth of private policing is associated with - and, in effect, demands - a change in the conceptual framework with which policing is analysed. While section one addresses the conceptual context of private policing, section two examines its theoretical context by considering various explanations for the post-war growth of commercial security. Moving from specific to general accounts, it is suggested that two explanations - one based upon sociological accounts of the development of modern societies, the other on genealogical accounts of developing mentalities - provide a crucial context for understanding contemporary changes in policing and governance. In the next section, two of these changes - the growing influence of risk-based policing and the increasing significance of diverse patterns of governance - are considered in the context of the fragmented forms of security provision (commercial, municipal, civil and state policing) which are prevalent today. A short concluding section offers some final thoughts on how these arguments impact on the governance of policing. One of the implications contained in this article is that the re-emergence of private policing needs to be considered not only as a problem, but also as an opportunity to identify and address critical questions of contemporary governance.     

社会性别视角下我国农村妇女对环境的影响研究

妇女、环境和发展问题紧密相连.农业劳动力女性化趋向、妇女贫困化、妇女素质、以及妇女受教育状况均对环境有很大影响.要发挥妇女在环境保护中的作用.应重视性别统计信息的收集,建立女性本土环境保护知识库,并加强对妇女的环境教育.     

农村公共产品供给失衡困境及路径探析——基于公共选择理论的视角

公共选择理论作为一种分析工具可以对政治主体的理性行为作出很好的诠释,进而有力解析了我国农村公共产品供给所面临的失衡困境。