Abstract

Research on the Stock Investment Behaviors of College Students
——A Case Study of College Students in Shanghai

Abstract:In the face of the tendency of the change of China's resources and environmental constraints,the idea of sustainable development has been given a high degree of recognition and urgent practical demands.Combined with the question of reality of the development of supply chain over enterprises,supply chain and its node enterprises must embrace the core idea and performance direction of sustainable development.On the basis of the new understanding of the connotation of sustainable development of supply chain,the standpoint of four factors of sustainable development of supply chain are put forward,the concept,core orientation and its relevance of the sustainable performance evaluation of supply chain are defined.

Keywords:Sustainable developmentPerformance of supply chain over enterprisesFactor reconstructionValue goal

Wu YitingYao Hongxin
（The Glorious Sun School of Business and Management,Donghua University）

Abstract:In recent years,trading in China’s stock market becomes increasingly active,which attracted more and more college students enter the market.However,because of the particularity of college students,whether they should participated in stock investment has caused lots of discussion.Based on the questionnaire survey of college students in Shanghai,this article conducted in-depth research on the willingness and reasons for college students to invest in stocks using logistic model and factor analysis. Results show that college students’willingness to invest in stocks is mainly influenced by relatives and friends as well as their familiarity with the market,and the reason for this behavior mainly lies in self-improvement.Suggestions on how to correctly guide the stock investment behavior of college students are put forward in the last part.

Stock investmentLogistic modelFactor analysis

The Application of Real Option Valuation Method in the Research and Development of Pure Electric Vehicle

Xiao Ying
（Financial Assets Department of Tangshan Power Supply Company）

Abstract:pure electric vehicles（EV）as a new energy vehicles,is the future of new energy automotive industry,the main direction of development.At first,this paper analyzes the characteristics of pure electric vehicle research and development and real option,found that flexible decision real option method are included in the project of the real option method is better than the traditional NPV method is more suitable for the development of pure electric vehicle project,and then to the E department of BYD pure electric vehicles as a case,make by the BS model the for assessment of the specific analysis,case analysis draw conclusion and theory basic consistent,namely the introduction of real option theory can better reflect the value of pure electric vehicle research and development projects.At last,the author puts forward some suggestions on the research and development of EV project based on real option evaluation method.

Keywords:Pure electric vehicleProject evaluationReal option

Study on State-owned Key Enterprises’Cross-border M&A Financing Mode under Financial Crisis

Mao XuejiaWan Youqing
（Management School of Wuhan University of Technology）

Abstract:To a certain extent,financial crisis has brought new opportunities and new impetus to state-owned key enterprises’cross-border M&A,but financing arrangement is a key point that affect the smooth execution of project.Firstly,this paper analyzes financing mode status of state-owned key enterprises’overseas M&A.Then,the paper researches the largest foreign acquisitions under the background of financial crisis——CNOOC's acquisition of Nexen,analyzes CNOOC's financing mode and performance,and this paper gives some suggestions of state-owned key enterprises’cross-border M&A financing mode under financial crisis,including improving M&A’s payment mode,innovating financing pattern and broadening financing channels.

Keywords:Financial crisisState-owned key enterprisesCross-border M&AFinancing mode

Research on the Function and Realization Mode of Financial Leasing——Based on the Perspective of Enhancing Enterprise Value and Alleviating Financing Constraints

Song QingChang Ying
（Tianjin University of Science and Technology）

Abstract：With the national policy as the starting point,the paper analysing the present situation of China's financial leasing industry,showing the development trend of financial leasing in China but the market penetration rate is low,The paper selects the study sample by 2012-2015 panel data from Shenzhen,Shanghai all A-share listed companies,to establish the multiple regression model,the empirical study shows that financing lease can enhance corporate value and ease financing constraints.In view of the reality of the financial leasing industry in our country,proposed upstream and downstream of the lease,financing lease and underwriting of private debt,direct lease,financing lease and equity financing,sale and leaseback and so on five kinds of models,in order to promote the extensive use of lease financing in China's enterprises.

Keywords:Intensity of financial leasingEnterprise valueIndex of financing constraintImplementation model

Research on the Performance's Constructs and Orientation of Supply Chain over Enterprises based on Sustainable Development

Huang Haolan
（Department of Accountancy,Jiangsu Vocational Institute of Commerce）