American Journal of Industrial and Business Management

Journal Information
ISSN / EISSN : 21645167 / 21645175
Current Publisher: Scientific Research Publishing, Inc. (10.4236)
Total articles ≅ 892
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Latest articles in this journal

Xiaoqian Liu, Yan Chen
American Journal of Industrial and Business Management, Volume 10, pp 1144-1154; doi:10.4236/ajibm.2020.106077

In the process of further transferring to the county of the space of economic and social development, how to solve the financial predicament at the county level, stimulate the vitality of county development and improve the people’s livelihood security system at the county level through the adjustment of the financial system have become the core content of the financial system reform below the province level. Finance is a kind of distribution system of “controlling finance by government and administrating through finance” with the state regime system as the main body. It has great significance for the government to perform and transform its functions. Financial reform will inevitably become an important part of the overall reform. Based on the decentralized reform mode under the province, this paper investigates the economic performance of the reform of the County Administrated by Province and the transmission mechanism of the reform from the two aspects of economic growth speed and industrial structure adjustment.
Mario De Marchi
American Journal of Industrial and Business Management, Volume 10, pp 1139-1143; doi:10.4236/ajibm.2020.106076

Mario De Marchi
American Journal of Industrial and Business Management, Volume 10, pp 1136-1138; doi:10.4236/ajibm.2020.106075

Fen Sun, Yinqiu Ma
American Journal of Industrial and Business Management, Volume 10, pp 1155-1161; doi:10.4236/ajibm.2020.106078

Xuhui Yang
American Journal of Industrial and Business Management, Volume 10, pp 645-658; doi:10.4236/ajibm.2020.103043

Idiosyncratic deals (i-deals for short) are personalized employment conditions individual workers have negotiated, which could be used as a tool to manage talent resource. Since the concept was put forward by Rousseau (2001), many related researches about I-deals were carried out by scholars. On the basis of the previous literatures, this article reviews on i-deals’ concept, features, contents and the theoretical basis involved in the i-deals, and then sorts out the latest researches from the perspective of both the i-deals’ recipients and the co-workers, exploring the positive and negative dual effects of idiosyncratic deals. We expect this paper could advance the understanding of i-deals and help us manage talent resource more effectively.
Mengxiao Li
American Journal of Industrial and Business Management, Volume 10, pp 30-44; doi:10.4236/ajibm.2020.101003

It is important to make a reasonable valuation of a company. A good valuation can make a difference in lots of aspects. In this research, the purpose of predicting valuation of Uber is to gain the future free cash flow and stock value of it, so that we can provide information for its future development strategy and put forward feasible business decisions, and then improve the future value of it. What’s more, we hope to use the information of Uber’s valuation to make investment analysis, understand its advantages and disadvantages, and help investors make better decisions. The reason why we choose Uber as a research object because it is a growing company that needs the right strategy and a lot of investments. Making valuation of Uber can help it attract investment and make stratagem. We use the discounted cash flow model to value Uber. We estimate the company’s income, expenditure, free cash flow and equity beta in the future by investigating and studying its data in recent three years and the data of a peer group. Finally, we get Uber’s optimistic price, pessimistic price and target price. All of the prices are higher than the present price which means it has a good development prospect and be good for investing.
Karibo Benaiah Bagshaw
American Journal of Industrial and Business Management, Volume 10, pp 45-60; doi:10.4236/ajibm.2020.101004

Manufacturing firms are faced with the sequencing of tasks in workstations as the capabilities of manufacturing firms is to harness resources through the effective sequencing of task assignments in workstations. Thus, this study empirically examined work line balancing and production efficiency of manufacturing firms in Rivers State, Nigeria. Content on improving production efficiency by reducing non-value-added activities, cycle time and distribution of workload at each work station by work line balancing process, was also addressed. The dimensions of work line balancing were standardized work and one-piece flow; while production efficiency was measured using product output, product quality, and lead time reduction. The Pearson’s Product Moment Correlation Coefficient (PPMCC) was used to test the significance of the relationship between dimensions of work line balancing and production efficiency. The findings showed that standard work procedures in work stations’ task assignments provide better work line balance and show a positive significant relationship with product output and lead time reduction. Also, one-piece flow was revealed to have a more significant and positive relationship with product quality than product output and lead time reduction. Therefore, it was concluded that implementing appropriate work line balancing in the workstations should be an ongoing activity in the production process and setting capacity utilization baselines is key to improving production efficiency.
Eugenie Musonda Nyandwe, Qinli Zhang, Daolin Wang
American Journal of Industrial and Business Management, Volume 10, pp 61-74; doi:10.4236/ajibm.2020.101005

Mining activities are risky operations and represent a significant threat to capital investments. These activities, which require many years of evaluating the technical characteristics of the mineral deposit using the most appropriate method, also require an economic, safety, environmental or other evaluation. In this study, a feasibility study of copper production is proposed to determine the optimal production scale based on three production plans. The mining production scale is based on 4.5 million t/a compared to other projects on the change in quantity, investment and engineering cost when the mining production scale is reduced to 3.5 million t/a and increased to 5.5 million t/a. The results reveal that applying 4.5 million t/a to the mining production project appears to be the optimal choice in terms of economic benefits, both after verification of the production scale in terms of annual decline rate and reasonable mine life. The result also shows that the production scale of 4.5 million t/a is technically more feasible.
Qiuling Tang
American Journal of Industrial and Business Management, Volume 10, pp 110-134; doi:10.4236/ajibm.2020.101008

Cost stickiness is one of the operating characteristics of enterprises. In the current research literature on the economic consequences of cost stickiness, there is little literature on the relationship between cost stickiness and the possibility of future losses and audit costs. Based on the sample data of Shanghai and Shenzhen A-share listed companies, this paper studies the correlation between cost stickiness and the possibility of future losses, cost stickiness and audit costs. The study found that the greater the cost stickiness of the enterprise, the greater the possibility that the enterprise will suffer losses in the future; and the audit costs will increase as the cost stickiness of the enterprise increases. Further research finds that, compared with non-state-owned enterprises, the cost stickiness of state-owned enterprises has a smaller impact on the possibility of future losses of the enterprise; under different ownership properties, the effect of cost stickiness on audit costs has no significant difference. After the robustness test, the conclusion still holds. This research conclusion helps companies to see more clearly the impact of cost stickiness on business performance, helps CPAs increase their awareness of the risk of cost stickiness, and helps policy regulators realize the importance and necessity of “cost reduction” in “reducing one supplement” and strengthening implementation.
Yajie Jiang
American Journal of Industrial and Business Management, Volume 10, pp 75-98; doi:10.4236/ajibm.2020.101006

This study takes advantage of the concept of “Managerial Macro-Cognition” (MMC) to explore how does the different macro cognition of executives will affect their capital structure decision. Drawing on a sample of Chinese listed firms from 2002 to 2018, I find that under the same conditions, the enterprise has executives with higher macro cognition can adjust its capital structure faster, the promote effect on the speed of the leverage adjustment caused by the macro cognition of executive is more obvious when cognition is about future. Besides, when the company is faced with financing constraints, tight monetary policy and low equity concentration, the influence of executives’ macro cognition on the adjustment speed is more obvious.
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