Vol. 3 No. 1 (2021)
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Open AccessOriginal Research Articles
Article ID: 759
Earnings Management and Ownership Concentration - Based on the Impact of Restricted Sharesby Ying Wang
Global Finance Review, Vol.3, No.1, 2021; 138 Views, 4 PDF Downloads
Based on the data of A-share listed companies in China's securities market, this paper examines the relationship between earnings management and ownership concentration. It is found that the ownership concentration has a significant governance effect on earnings management when the restricted shares are excluded. The higher the ownership concentration is, the lower the level of earnings management is. In the case of restricted shares, the opposite is true. The higher the equity concentration is, the higher the level of earnings management is.
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Open Access
Original Research Articles
Article ID: 1618
Transition to Renewable Mix — “Win-Win†Strategic Relationship Between China and Chileby Gerui Cao
Global Finance Review, Vol.3, No.1, 2021; 114 Views, 18 PDF Downloads
China’s growing ambition in asserting its global power is being witnessed by all international actors. In 2015, China led in establishing the Asian Infrastructure Investment Bank (AIIB), which shares the identical structure with that of the US-led World Bank Group. The AIIB is widely perceived as a major vehicle through which Beijing inserts international soft power with financial aids. In addition, the 2013 launch of the Belt and Road Initiative (BRI) has only been linked with nothing but expansion in trade establishment. China also shows growing interest in Latin America for its market, resources, and geopolitical location. Chile, alongside with Ecuador and other countries, has already signed a memorandum of the BRI. China has also stepped into the local energy market -- Argentina, Chile’s neighbor, started the Argentine-China Joint Hydropower Project, which will construct two dams in southern Argentina and is expected to generate 4,950 MWh of electricity.
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Open Access
Original Research Articles
Article ID: 1626
Application and Innovation of Basic Principles of Commercial Law in E-commerceby Linqian Jiao, Yitong Niu
Global Finance Review, Vol.3, No.1, 2021; 143 Views, 13 PDF Downloads
The emergence of e-commerce industry allows people to find the goods they need without leaving home, breaking people's cognition of traditional shopping methods. The Internet allows people to browse excellent products from all over the world at any time. While the e-commerce industry is developing day by day, some lawless elements are taking advantage of the loopholes in the legal system to seek immoral interests. Therefore, it is necessary to formulate certain legal norms and management measures to constrain the industry standards of the e-commerce industry. Nowadays, the industry standards of e-commerce industry depend on civil and commercial law to a great extent, but there are still some loopholes in the application of civil and commercial law in e-commerce industry. Therefore, it is of great significance to study the application of commercial law in e-commerce industry. Relevant departments also need to play a more active and effective role in the process of industry management in the e-commerce industry on the basis of innovation.
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Open Access
Original Research Articles
Article ID: 1641
Research on Enterprise Internal Audit Work in Big Data Environmentby Yifan Cao
Global Finance Review, Vol.3, No.1, 2021; 157 Views, 16 PDF Downloads
Enterprise internal audit and internal control work are important parts of enterprise management, To increase corporate operating profit and to promote sustainable development of enterprises, corporate managers should professionally cope with the relationship between the internal audit and internal control of the enterprise and enhance the performance in both tasks simultaneously. Recently, due to the rapid development of Internet equipment and mobile communications, the advent of the big data era has brought some challenges to the internal audit work of enterprises. This article focuses on the internal audit of enterprises in the era of big data. The problems with the internal audit work of the enterprise will be analyzed and the corresponding internal audit work countermeasures will be provided.
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Open Access
Original Research Articles
Article ID: 1630
Analysis on Profitability Prospects of Wind Power Projects in Chinaby Yitong Niu
Global Finance Review, Vol.3, No.1, 2021; 92 Views, 12 PDF Downloads
With the continuous development of China's market economy, the market competition of wind power industry is becoming more and more fierce, which not only provides many opportunities for the development of wind power, but also brings many challenges. In order to cope with global warming, China's energy use has gradually changed from non-renewable energy to renewable energy and clean energy. Therefore, the importance of wind power generation is self-evident. Wind energy is a typical representative of clean energy, and it is widely used in power generation. This paper analyzes the profit opportunities and risks of wind power generation, so as to explore the healthy development of wind power industry.
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Open Access
Original Research Articles
Article ID: 3418
Analysis on Development Prospect of Renewable Energy Power Generation in Russiaby Yitong Niu, Andrei Korneev
Global Finance Review, Vol.3, No.1, 2021; 18 Views, 3 PDF Downloads
Energy cooperation is an important foundation and support for the “One Belt, One Road†initiative. Russia, a major energy country across Eurasia, has an important strategic position in it. In recent years, Russia has taken energy efficiency, energy conservation and emission reduction, and the development of renewable energy as important breakthroughs for sustainable social and economic development in the future. It hopes to optimize the energy structure through policy support, actively develop and apply clean energy technologies, and develop renewable energy. Achieve a green and low-carbon transition. However, it is no easy task to develop renewable energy in , where the traditional energy industry is so strong. In order to fully display the full picture of the development of renewable energy in Russia, the development of renewable energy in Russia is analyzed and the current renewable energy measures are formulated.
