http://www.ivypub.org/journal/RSS.aspx?J=EMJ&lang=cnen-US2020-12<p class="abstract">Study on the Consumer Credit Development Path of China</p><ul><li>Pages 67-72</li><li>Author Yifan DingJiasheng ZhuJunwei XuYunfei M</li><li>Abstract With the development of China's market economy, China's consumer credit has also developed rapidly, but there are also problems such as unbalanced credit structure and uneven regional development. Based on the perspective of supply-side reforms, this article analyzes the opportunities and risks of China's consumer credit development, and puts forward practical and effective suggestions for problems, which is of great significance to the promotion of the healthy development of China's consumer credit.</li></ul>/EMJ/paperinfo/54504.shtmlEconomic Management Journal/EMJ/paperinfo/54504.shtml2020-12<p class="abstract">Research on Improving the Vaccine Damage Relief Mechanism</p><ul><li>Pages 73-78</li><li>Author Yue Wan</li><li>Abstract Under the background of healthy China strategy, vaccine safety is an important link to ensure the health of all people. Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vaccine safety. With the intervention of vaccine compulsory liability insurance, China will form a vaccine damage relief system based on the government administrative compensation and liability insurance compensation model. Consideration should be given to expanding funding sources for vaccine compensation, simplifying vaccine injury compensation procedures, harmonization of vaccine coverage and standards, and encouraging the development of commercial vaccine-related insurance. Form a vaccine damage relief mechanism that the government, the market and the society share the risk.</li></ul>/EMJ/paperinfo/55520.shtmlEconomic Management Journal/EMJ/paperinfo/55520.shtml2020-12<p class="abstract">Impact Analysis of Macroeconomic Factors on Stock Value of Shanghai Pudong Development Bank under PCA Regression</p><ul><li>Pages 79-86</li><li>Author Xujie PanKai W</li><li>Abstract When we consider the factors affecting the stock market, we often consider the impact of macroeconomic factors on it. On the basis of the academic achievements of predecessor scholars on macroscopic factors affecting the overall stocks, this article selects six macroeconomic influencing factors: money supply, USDCNY exchange rate, GDP, national fiscal revenue, price index and interest rate, and uses PAC regression analysis method to construct a regression model. Analyze the influencing factors of Shanghai Pudong Development Bank stock; then conduct heteroscedasticity, autocorrelation, and multicollinearity tests to modify and adjust the regression model; finally, make relevant recommendations based on the analysis results.</li></ul>/EMJ/paperinfo/55521.shtmlEconomic Management Journal/EMJ/paperinfo/55521.shtml2020-12<p class="abstract">Social Media Influence on College Students' Consumption Behavior and Marketing Strategy</p><ul><li>Pages 87-89</li><li>Author Yumeng QinYuhua XinBingbing Yan</li><li>Abstract Nowadays, the use of social media is everywhere in college campuses. You can often see students who stare down at the mobile phone screen and brush the dynamic circle of friends, even community meetings, group discussions are beginning to be replaced by WeChat Group. The rapid development of social media allows marketers to see more possibilities for marketing. College students group is a group that marketers can not ignore, this kind of target consumers also have their own characteristics. Only by understanding the characteristics and behavior of consumers can we better discover and spread demand. This paper will analyze the influence of the development of social media on the consumption behavior of college students, and put forward some suggestions on how to use social media to carry out marketing.</li></ul>/EMJ/paperinfo/55522.shtmlEconomic Management Journal/EMJ/paperinfo/55522.shtml2020-12<p class="abstract">Empirical Research on the Impact of Corporate Social Responsibility on Earnings Management</p><ul><li>Pages 90-99</li><li>Author Zhiwan Y</li><li>Abstract Earnings management (EM) has become a hot researching topic in the field of accounting in recent years. EM is the performance which lacks of the sense of social responsibility. This paper discussed the impact of corporate social responsibility (CSR) on EM from the perspective of accounting. This paper took 5,107 listed companies which disclosed CSR reports in Shanghai and Shenzhen stock markets as the research object. Based on the panel data from 2009 to 2017, this paper respectively carried on studies on the impact of CSR on accrued EM and real EM. The results show that listed companies with higher CSR awareness have less accrued EM and real EM, and higher CSR score has stronger weakening effect on positive accrued EM and productive manipulation. In addition, the better the external institutional environment is, enterprises with better CSR performance are more likely to adopt real EM to implement their manipulative behavior.</li></ul>/EMJ/paperinfo/55526.shtmlEconomic Management Journal/EMJ/paperinfo/55526.shtml2020-12<p class="abstract">How does Development of Small and Medium-sized Banks Influence Financing Constraints of SMEs in China</p><ul><li>Pages 100-107</li><li>Author Yijie Wan</li><li>Abstract Small and medium-sized banks and enterprises are playing an irreplaceable role in the economy of China due to their long-term development. However, SMEs are still facing severe financing constraints and the financing demands of small and medium-sized enterprises (SMEs) which are orienting toward small and medium-sized banks are facing severe constraints. Besides, there are still considerable difficulties in solving this problem. Many researches proved that small and medium-sized banks have not been able to play their positive roles in reliving the financing constraints of SMEs. Based on this point of view and the current situation, we explored the way to solve the problem of the development of small and medium-sized banks and the financing constraints of SMEs by empirical analysis. The results show that, after small and medium-sized banks and enterprises taking positive and sustainable development measures, the requirement of collateral of SMEs has been reduced and the financing environment of promising SMEs has been improved to some extent. After confirming the positive role of the development of small and medium-sized banks in relieving financing constraints of SMEs, we put forward some practical suggestions for how to ease the financing constraints on SMEs through the development of small and medium-sized banks and enterprises and from different aspects.</li></ul>/EMJ/paperinfo/55533.shtmlEconomic Management Journal/EMJ/paperinfo/55533.shtml2020-12<p class="abstract">Research Hotspot and Frontier Analysis of Business School International Accreditation</p><ul><li>Pages 108-115</li><li>Author Pengbin GaoYan XiangYiyuan ZhangRong Wan</li><li>Abstract International accreditation is the only way for the internationalization of colleges and universities. This article takes 380 articles in the field of business schools international accreditation in the Web of Science database as the research object, and uses the method of scientometrics and VOS viewer knowledge map analysis software to perform co-occurrence analysis on keywords, and finally reveals the research hotspot and development trend of business school international accreditation.</li></ul>/EMJ/paperinfo/55535.shtmlEconomic Management Journal/EMJ/paperinfo/55535.shtml2020-12<p class="abstract">TMT Heterogeneity and Firm Performance: The Moderating Effect of Managerial Discretion</p><ul><li>Pages 116-125</li><li>Author Pengbin GaoYiyuan ZhangYan XiangShaocong B</li><li>Abstract Now the top management team and managerial discretion play an important role in driving the firms’ development. This paper built a theoretical model to explore the effect of top management team heterogeneity on firm performance, and analyze the moderating role of managerial discretion. Based on the data of 167 listed firms from Shanghai Stock Exchange in 2019, this paper construct a multiple regression model and tested the hypothesis. The empirical results show that gender heterogeneity, tenure heterogeneity and education level heterogeneity have a negative effect on firms performance. At the same time managerial discretion can partially moderates the relationship between the heterogeneity of top management team and firm performance, in which capital intensity and the firm size play a negative moderating role, and duality play a positive moderating role. According to the research results, this paper also puts forward corresponding suggestions to improve the firm performance.</li></ul>/EMJ/paperinfo/55536.shtmlEconomic Management Journal/EMJ/paperinfo/55536.shtml2020-12<p class="abstract">A Meta-analysis of the Effects of Firm’s Social Capital on Innovation Performance</p><ul><li>Pages 126-135</li><li>Author Pengbin GaoYiyuan ZhangYan XiangJianxin Zha</li><li>Abstract Despite a surge of studies examining the impact of firm’s social capital on the innovation performance, empirical research shows controversial results. To resolve this problem, this paper conducted a meta-analysis to restudy the impact of the firm’s social capital and its three dimensions on innovation performance based on the previous empirical research results of independent samples. This paper also explored some moderators affecting this relationship from culture, industry, firm and methodology. The results indicated that the firm’s social capital and its three-dimension had positive impact on innovation performance. At the same time, the age of the firm and the cultural context can also affect the impact of social capital on innovation performance to a large extent. Based on these findings, this paper developed recommendations for future research.</li></ul>/EMJ/paperinfo/55537.shtmlEconomic Management Journal/EMJ/paperinfo/55537.shtml2020-12<p class="abstract">A Study of Investigation and Development of the Current Situation of Wuhan Racing Industry</p><ul><li>Pages 136-140</li><li>Author Zherong JinZhimin Jian</li><li>Abstract As an important town of China's automobile industry, Wuhan has developed rapidly. On this basis, car-racing also gradually developed. The development of Wuhan's racing industry has begun to take shape through geographical advantages, technical advantages and talent advantages. But in recent years, it has encountered a bottleneck period. In order to help the development of Wuhan's racing industry, this article analyzes the development status, existing problems and suggestions for improvement from the four dimensions of the commercial development of the racing industry, the promotion of racing culture, the talent reserve and government support through literature research, field visits and surveys. This article provides feasibility suggestions for the development of Wuhan's racing industry through a comprehensive analysis to help its development.</li></ul>/EMJ/paperinfo/55540.shtmlEconomic Management Journal/EMJ/paperinfo/55540.shtml