JaLCDOI 10.18926/OER/12372
タイトル(別表記) The Maximization of EnterpriseValue in a Two−Period Model
フルテキストURL 39_4_081_090.pdf
著者 宮本 勝浩|
抄録 This article analyzed about the maximization enterprise value with two period. In the microeconomics theory, the principle of enterprise behavior is profit maximization. But, the management theory has many kinds of principles of enterprise behavior. On this article, enterprise value maximization is assumed one of the most important principles of enterprise behavior. This article analyzed about the two−period model. Therefore, the enterprise value of two period is the present enterprise value. On this article, we have three kinds of economic subjects. They are stockholder, management personnel and employee. The stockholder wants to maximize the present enterprise value. The management personnel wants to maximize his utility which depends on his income and position. The employee wants to maximize his utility which depends on his wage and the size of enterprise. According to our analysis, this article proved that the equilibrium point of present enterprise value maximization is different from the equilibrium point of the management personnel’s utility maximization, and the equilibrium point of present enterprise value maximization is also different from the equilibrium point of the employee’s utility maximization.
出版物タイトル 岡山大学経済学会雑誌
発行日 2008-03
39巻
4号
開始ページ 81
終了ページ 90
ISSN 03863069
言語 日本語
著作権者 岡山大学経済学会
論文のバージョン publisher
NAID 120002304828
JaLCDOI 10.18926/OER/12370
タイトル(別表記) Global Standards Pattern of Industrial Structure Change and Revised Petty−Clark’s Law
フルテキストURL 39_4_059_080.pdf
著者 吉村 弘|
抄録 The first aim of this paper is to express quantitatively the global standards pattern of change in industrial structure, thereby to show Revised Petty−Clark’s law that includes the back ward bending tendency of the second industry, which means that the composition ratio of the second industry changes to decrease from increase at the ratio of about 40%.And the second is to show implications and examples of application of the standards pattern. Then we will be able to attain successfully the first aim and to show the following implications and examples of application. They are ①the standards stages of economic development based on the standards pattern, ②the difference ratio of industrial structure, which means the degree of gap of the pattern of a nation from the standards pattern, and ③the converging tendency of industrial structure.
キーワード industrial structure global standards pattern Petty−Clark’s law standards stages of economic development difference ratio of industrial structure converging tendency back ward bending tendency
出版物タイトル 岡山大学経済学会雑誌
発行日 2008-03
39巻
4号
開始ページ 59
終了ページ 80
ISSN 03863069
言語 日本語
著作権者 岡山大学経済学会
論文のバージョン publisher
NAID 120002304851
JaLCDOI 10.18926/OER/12368
タイトル(別表記) Steps for Relaxation of Controls and Encouragement toward a China’s“Going Abroad”Strategy
フルテキストURL 39_4_031_058.pdf
著者 片岡 幸雄|
抄録 Since 1997, China has earnestly taken the basic trends of economic globalization as the object to incorporate them into its world strategy, though China didn't exactly decide the “Reform and Opening up Policy” on the perspective of the economic globalization. China considered it more useful for her economic development and raising its position in the world political economy to set China into the main stream of economic globalization as the basic trend within the world economy. Economic globalization has twin aspects with a national economy ; inflow of foreign direct investment, portfolio investment, technology, labor and services, and outflow of them. This article focuses on the latter problems experienced by China. We can find some reasons in the background of China’s strategic orientation, as follows ; China must secure its economic security for smooth economic development , whereas, a few main developed countries strengthen controls over basic resources and market share of the world within global economic competition, China has developed conditions to use comparative advantages in some sectors to set up China’s direct investment enterprises abroad, thus increasing foreign currency reserves− an important factor , incurring frequent conflicts in exports, securing foreign technology by M&A. Currently, China’s foundation of political economy in “The Age of Peace and Development”, “The Age of Economic Globalization,” lays special emphasis on “The General Security Strategy” accountable not only to her own country’s military security but also to its economic security for said economic development. The main point is to strengthen global economic relations by economic cooperation−the latter aspects of economic globalization mentioned above. This article analyzes steps for the relaxation of controls over China’s enterprise activities overseas, the relaxation of foreign exchange controls, and the encouragement for China’s enterprises going abroad to study its rapid progress of said strategy . Lastly, it refers to Hong Kong’s vanguard position in a China’s “Going Abroad.” Strategy.
出版物タイトル 岡山大学経済学会雑誌
発行日 2008-03
39巻
4号
開始ページ 31
終了ページ 58
ISSN 03863069
言語 日本語
著作権者 岡山大学経済学会
論文のバージョン publisher
NAID 120002304798
JaLCDOI 10.18926/OER/12367
タイトル(別表記) Fiscal Reconstruction and Decentralization −A Study of Current Arguments on the Broader−Based Local Government −
フルテキストURL 39_4_013_030.pdf
著者 坂本 忠次|
抄録 This paper aims to study the relation between financial reconstruction of local governments and decentralization, in connection with recent broader−based administration. Yubari City, Hokkaido failed finance since last year, and shifted to the financial reconstruction since April, 2007 as is well known. A serious crisis of the local finance was made ahead, and six local groups proposed the fiscal reform including the reform of intergovernmental relations.. At the age of Heisei in Japan, the amalgamation policy of the municipality was advanced aiming at the efficiency improvement of the local finance. In addition the regional system as the broader−based local government (Do−shu−sei) begins to be discussed. We are going to examine whether the amalgamation of municipalities and the regional system scheduled in the future can promote the decentralization process of the local administration and finance. I describe in this thesis that a careful examination such as the broader−based local governments between prefectures will be necessary for the promotion of regional system.
出版物タイトル 岡山大学経済学会雑誌
発行日 2008-03
39巻
4号
開始ページ 13
終了ページ 30
ISSN 03863069
言語 日本語
著作権者 岡山大学経済学会
論文のバージョン publisher
NAID 120002304890
JaLCDOI 10.18926/OER/12366
タイトル(別表記) Some Important Problems on Plan−Making for Development of Region
フルテキストURL 39_4_001_012.pdf
著者 安部 一成|
抄録 I was involved in drawing up the general plan of many regions and took part in the specified project for about forty years. Based on my various experiences, I try to consider some basic problems on the development of region and the industry policy. This will contribute to make an angle of view of promoting the development of region to straighten out the inferiority of economic level. The points to stress are as follows. (1) In these days when the mega−competition is so keen, the product innovation and the creation of new products has been important inoreasingly for the manufacturing industry to survive or develop. (2) The cration of new industry and its accumulation is earnestly desired so that the manufacturing industry can secure the continuous high growth. The definitive point is whether there is the nucleus to give impetus to it. (3) The rate of increase of working population is depend on overwhelmingly the degree of enlargement of service industry. (4) The accumulation pattern of knowledge intensive service function (or industry) is raising its importance as the factor to determine the power of city. (5) The core city of the prefectural area must accumulate the highest level of knowledge intensive service function (or industry) first of all. (6) The plan which does not make who carry out clear is insignificant.
出版物タイトル 岡山大学経済学会雑誌
発行日 2008-03
39巻
4号
開始ページ 1
終了ページ 12
ISSN 03863069
言語 日本語
著作権者 岡山大学経済学会
論文のバージョン publisher
NAID 120002304763