Advances in Economics, Business and Management Research

Many researchers have contributed much to asset pricing theory and continuously try to find the best model to capture stock average return. The CAPM model and Fama-French 3-factor model, Fama-French 5-factor model is another way to capture the return rates and their changes. At the beginning of 2020,...

Brand value is necessary for management of any company as it allows to distribute the resources of an enterprise effectively. Relationships at the level of brands help market players to save time for establishing direct partnership, formation of the developed communications network contributing to “transparent”...

This article is based on the development status of Heyuan B&Bs. It discusses the development of Heyuan B&Bs and tourists’ demand in all aspects, and deeply analyzes the problems existing in the B&B industry.Although the homestay industry is developing rapidly under the current economic model...

The competition in the home furnishing market is becoming increasingly fierce. Excessive production leads to the necessity for enterprises to shift their focus from furniture manufacturing to consumers, and appropriate marketing strategies are needed to occupy the consumer market. People’s income has...

The article presents the methodology of information and semantic analysis of the processes of intercultural interaction of the peoples of the world in the space of music. In the 21st century, information theory and information approach to art, including musical art, get deeper elaboration, become more...

Taking “education for morality and war” as the fundamental starting point, this essay analyzed the historical inevitability of ideological and political construction of military physical education curriculum from three aspects. It conceived the development path of military physical education curriculum...

Since the Efficient Market Hypothesis was proposed by Eugene Fama in 1970, it has been continuously challenged by various market anomalies and financial empirical evidence in the U.S. stock market. Inspired by the reserve effect, the momentum effect and the effect size discovered by De Bondt and Thaler,...

The article contains an analysis of the Russian knowledge-based economy at the meso-economic (regional) level in the period from 2005 to 2015. Authors assess the main parameters of the development of the constituent entities of the Russian Federation, including the regional innovation system and the...

Regarding the background of special planning of urban and rural sports facilities, it is found that the number and quality of public sports facilities in Lingchuan county need to be improved after analyzing the relevant status,where has insufficient main sports park and the national fitness center. There...

With the implementation of the supply side structural reform policy and the integration of the state-own iron and steel enterprise, residents in the Anning city, face a new round of unemployment test. And one of the effective means to solve the unemployment problem is to develop service industry, especially...

The paper provides a calculation-based analysis of the real Russian citizen’s fiscal burden, since the flat scale, which is one of the lowest in the world, does not fully reflect the facts on the ground. In the context of the multiple gap between the poor and the wealthy segments of the population, the...

To explore the impact of Internet Finance on the systemic risk of listed commercial banks and maintain the stable development of the macro-financial market, this paper analysis the theoretical mechanism of Internet Finance and systemic risk of commercial banks and selects 16 listed commercial banks in...

The article proposes a method for assessing the influence of globalisation on premiums in merger and acquisition (M&A) deals of electric power companies. The independent variable in the research is a relative premium value, i.e., an excess of the amount paid in a deal (in view of the share) over the...

China has seen exponential development within the first twenty years of the twenty-first century, making it the second largest global economy. Together with this growth, the People’s Republic of China (PRC) has put in place various strategies to help it grow its economic muscle as well as international...

The “Two Mountains Theory” firmly establishes and implements the concept of green ecological development, which is an extremely important political theoretical basis and practical guidance for China’s ecological and material civilization and national green ecological development in the new era. Ecotourism...

This paper explores the role of institutional investors from a perspective of firm financialization by selecting listed companies in the Shanghai Stock Exchange and Shenzhen Stock Exchange as a sample for the study. We find that institutional investor ownership can reduce firm financialization. This...

The article states that small business is a part of the developed market system. Small business in the Republic of Crimea is the important sector of the region’s economy requiring comprehensive support and development. In this case to increase the level of entrepreneurial activity, the Ministry of Economic...

Based on the data of transportation and tourism economic development in Anhui province from 2010 to 2019, this paper introduces the coupling coordination degree model for analysis. The results show that there is a coupling relationship between urban traffic and tourism economy in different cities of...

The high-end sports tourism industry develops rapidly, but the related theory exploration obviously lags behind. As a new form of tourism, high-end sports tourism is lack of discussion and theoretical gap in terms of concept definition, experience dimension identification, which will certainly affect...

The problem of innovative development of regions in Russia is currently relevant to the unfavorable economic and political situation of the country in the world. The object of the article research is the management system of investment potential of economic agents of the Tyumen region. The subject of...

On April 20, U.S. time, the price of the West Texas Intermediate (WTI) crude oil May 2020 futures contract fell to a negative approximately $38, which caused the Bank of China (BOC) and the buyers of the Crude Oil Treasure a considerable loss. To avoid the incident in the future, this paper will focus...

The growing dissatisfaction of the population with the quality of medical services becomes an obstacle to the sustainable development of the territories and results in the population’s disapproval of the actions of the authorities. The increasing dissatisfaction with the quality of medical services is...

With the suspense of the pandemic of COVID-19 in 2020, leisure sports events are being canceled most of the time all over the world. This study used multiple methods and data to examine runners’ embodiment experience, aimed at discussing the current situation about marathon runners and marathon event...

The article presents research, socio-economic development of coal-mining areas of the Republic of Khakassia. It is proved that the increasing economic changes, overcoming the crisis phenomena of increasing variability of organizational and technological systems, determine the need to develop new methodological...

In lululemon’s success of customer engagement of their brand community, ambassador’s trust is assumed to be a significant factor. This research aims to discuss how would brand ambassador’s trust reflects on the customer engagement level of its offline brand community, taking customers who engage in lululemon’s...

The continuous development of Chinese people’s living standard and the increasing spiritual and cultural demand promote the rapid development of cultural industry, sports industry and tourism industry. The comprehensive implementation of “May Day holiday”, “National Day holiday” and “paid vacation” provides...

With the rapid development of technology and science in recent decades, many professional soccer teams try all possible means to improve their strength and performance in the field of soccer. As a result, there are remarkable transformations of soccer, especially in the professional area. However, most...

The key figure in all the changes that take place in society is the person, his work, creative abilities, competencies, state of health, his human capital. The theoretical analysis carried out in the article showed that today there is no perfect methodology for the integral assessment of human capital....

In this paper, two computer engineering students from Span decided to start up a business into the medical treatment industry and enter the global market. The company they would run is called Mobilife Technologies, which is willing to make Alzheimer patients live more easily by launching a software for...

This paper summarizes the current research status of self-efficacy in the field of physical education in China, and finds that the current research mainly focuses on students’ general self-efficacy and teachers’ teaching efficacy. Among them, students’ general self-efficacy is the main research object,...

The goal of the research is to study the role of human capital in the contemporary society triggering an increase in the intrinsic value. This research reviews the theoretical aspects and fundamental legal principles related to the issue of human capital. Research Design. Common quantitative methods...

Starting in 2020, one of the most serious epidemics occurs in human history. The sudden arrival of the covid-19 takes many lives away. There is no doubt that the most critical issue is how to get more people to cooperate on epidemic prevention. The study topic is about the factors underlying cooperation...

The socio-economic development of regions depends on a combination of historical, geographical, resource, demographic and other factors. The gross regional product indicator characterizes economic activity in the region and serves as an indicator of the successful development of the region. Formation...

This paper mainly studies the intrinsic linkages between inbound tourism development and ecological environment among RCEP members. We first construct an economic model for the EKC to represent the relationship between tourism development and environmental impacts, taking the panel data (1995 ~ 2017)...

This research paper is aimed at investigating the consumer preference for traditional marketing and influencer marketing in food industry. To accomplish this, the researchers set two questionnaire surveys to collect data. These two questionnaires investigated consumers’ different attitudes and reaction...

The article reflects the organizational and economic methods and approaches to the organization of labor in industrial clusters, provides an analysis and systematization of the views of foreign and domestic scientists and practitioners on the concept of “cluster”, analyzes the implementation of the program-targeted...

In order to explore and verification the existing theory about brand loyalty, this study takes Three Squirrels as an example, further verifies it in the form of online survey, and puts forward a new influencing factor is brand virtual image. For the aim of this study, this study uses the relevant theories...

This paper elaborates the current position of travel & tourism from firstly, the perspective of Global International Tourist Arrivals (ITAs) and secondly for International Visitor Arrivals (IVAs) into and across the Asia Pacific region. It then provides an outlook for Asia Pacific International visitor...

When making management decisions at any level, high-quality feedback is needed, which allows you to evaluate the results of a particular impact on the control object. To assess such an impact, various models are often used, primarily economic-mathematical ones, which allow you to quickly and cost-effectively...

Lack of physical exercise and harmful eating habits may lead to obesity and hypertension, elevated blood glucose and blood lipid. It is the main non communicable disease leading to early death, which is called the metabolic risk factor of cardiovascular disease.This study compared the effects of Tai...

The article analyses the foundations of the development of transborder tourism being a cornerstone in the process of strengthening the international cooperation in tourism area at the regional level. The aim of the work is to study the factors of development of transborder tourism in the framework of...

In the research of customer preference for products, we need to collect enough customer data first, and then we can analyze it to realize the effective establishment of customer preference model. Although a reasonable model can be obtained, the customer’s own preference presents a dynamic state, which...

Wine tourism is getting popular in market throughout the world and wine tourism experience keep arousing tourism scholars’ attention. However, for what constructs a wine tourism experience still remains debated. This study aims to identify the underpinning constructs of wine tourism experience using...

Surgery is the top priority in medical work. According to incomplete statistics, surgery will involve 70% of the hospital’s entire resources. Although China’s surgical construction has achieved certain successes, due to differences in the initial time and end time of surgery Certainly, the patient’s...

The availability of timely and reliable information about the processes taking place in the tourism sector is a prerequisite for the organization of effective management in the corresponding area. The application of the integrated assessment methodology proposed in this work allows to analyze the impact...

Based on the in-depth analysis of the interaction mechanism of the coordinated development of the two systems of sports events and urban brand development, this paper introduces the coupling evaluation model and multiple linear regression analysis. Taking Chongqing International Marathon as an example,...

In the current society, companies often invite social media influencers to popularize their products. And social media influencers’ incomes depend on advertising products. Also, with the development of technology, most people have electronic devices, like laptops, mobile phones are so on. Everyone can...

The article outlines the basic concepts of the development of military heritage tourism. The paper states the role of military heritage tourism in the process of creation of cultural relations and international cooperation ties. The purpose of the work is to determine the theoretical foundations and...

Online reviews and word-of-mouth influence tourists’ decisions when they search information online before visiting a destination. This study investigates the impacts of different types of online reviews on visit intention. We conduct a case study on a cultural park in southern China and examine the impacts...

the present article studies the economic processes in the framework of the economy of labour topical area. The purpose of the article is to introduce a new approach towards interpretation of the productiveness of labour concept, of quantitative methods for its measurement and of the extensive use of...

Ancient villages contain rich historical and cultural resources, which plays an important role in promoting the historical and cultural development of a country. The development of ancient village tourism is actually a kind of inheritance of history and culture of China, and also contributes to the local...

With the progress of the Internet and big data technology, the format of the currency is transmitting from physical money to digital money. Countries in the world commence to research on the function of the digital currency and Digital Currency Electronic Payment (DCEP) is People Bank of China’s practice...

Japan is one of the countries with relatively perfect cultural industrial policy system in the world. Under the guidance of its strategy of building a nation through culture, the Japanese government has constructed a cultural industrial policy system to promote the development of cultural industry and...

In order to achieve carbon neutralization, energy conservation and carbon emission reduction have come into focus. In the process of striving to achieve carbon emissions, new energy vehicles have gradually become the key development industry for many countries around the world to achieve energy conservation...

Most companies aimed at long-term sustainable development take full responsibility to reduce the environmental risks in order to guarantee environmental safety and social justice of the planet’s population. In accordance with circular economy principles, energy efficiency and energy saving are currently...

With the continuous progress of human society, information technology is also becoming more and more mature, and mobile Internet communication technology has been more popular. Big data is also born, and it is ubiquitous rooted in every aspect of human activities. It has changed people’s original living...

The COVID-19 pandemic has caused the deaths of hundreds and thousands, casting an unprecedented public health crisis that impacted government regulations, national economy, and the research and development of new technologies. As leading powers of the world, the United States and China put forth various...

Attendance at sporting events generates substantial income for sports venues and organizations, which benefits cities and regions economically. High attendance at sporting events generates revenue for sponsors. Despite this, the environment in which sports activities take place is becoming more and more...

This article discusses the prospects of organic market development in the Republic of Sakha (Yakutia). The key factors justifying the feasible nature of developing such a market in Yakutia are provided. Three perspectives for development of organic agriculture are considered. The main distinguishing...

At the end of 2019, COVID-19 with strong infectivity broke out in Wuhan, China, which caused a short but serious blow to China’s tourism industry. As a part of China’s economic development, tourism has maintained a state of continuous growth and has a good developing trend before the outbreak of the...

This study mainly analyzed how WeChat monopolies the social media market in China. Tencent used many marketing strategies to develop WeChat, for example, the Red Pocket function was cooperating with Chinese New Year to promote; and this also helped WeChat Pay to spread because the Red Pocket is Foot-in-the-door...

The Russian Federation was faced with a conscious need to make a breakthrough in technological development and in the field of information development of society and, in particular, artificial intelligence. It is discussed how effective digital public management will be, as well as the legal aspects...

Smart tourism comes into being with the development of information technology. With the help of modern science and technology, smart tourism can realize service wisdom, management wisdom and marketing wisdom, which can not only further improve the tourist experience, but also enhance the international...

In the increasingly complex competition among firms, price war often takes place between E-commerce firms. The reasons for a price war in the E-commerce industry are various. This paper uses the game theory method to discuss the formation of competition mode and further study the possibility of price...

Today Global economy is a very complicated multilevel system of interaction of the national economics, transnational corporations, international integration unions and associations. Negotiations on formation of Transatlantic Trade and Investment Partnership are the most ambitious project in the sphere...

Under the implementation of the national rural revitalization strategy, the integration of rural tourism and traditional sports has become a hot topic. Rural tourism based on traditional sports has become a new tourism mode, which is both an opportunity and a challenge to the overall development of rural...

Stake Size Effect demonstrates the phenomenon that in Ultimatum Game, individuals have much lower rejection rates when facing the same proportion of offers but with higher stake sizes. This article relates the Stake Size Effect with the Fehr-Schmidt model, which is one of the most important models in...

“Moral Education” is inevitable for Military physical education curriculum teachers to carry out ideological and political curriculum.In order to cultivate excellent ideological and political quality of the students, it is necessary for the teachers to integrate ideological and political education with...

The need for the development of small enterprises in Russia against the background of stagnation in this segment of the economy in recent years makes studying the problem of investment attractiveness of this market segment relevant to finding opportunities and prospects for the development of small business...

With the opening of the financial market, the financial derivatives market has also encountered greater development opportunities. However, opportunities and challenges always coexist, so enterprises must use financial derivatives reasonably and correctly. This paper adopts the method of combining theoretical...

Using the methods of literature, mathematical statistics and expert interview, this paper studies the related problems of promoting the high-quality development of xiamen sports industry. The research shows that The sports manufacturing industry, sports service industry, sports facilities construction,...

This paper mainly discusses the potential basis and feasible development direction of new Internet companies in the globalization age. For dealing with this, we first apply some business assessment statement to conduct various evaluations of the company and proposed a plan to compete directly in the...

In a new pattern of development in which domestic and international double cycles reinforce each other, tourism has become a new growth point under the new normal. With the implementation of the rural revitalization policy, the income level of rural residents will increase. Daily life will also change...

The article discusses the causes and consequences of the First World War for Russia. An unprecedented war has refuted the forecasts of politicians and the military regarding its short-term nature and demanded the mobilization of all the country’s internal forces for its implementation. The province provided...

With the advancement of urbanization, the improvement of people’s living standard and people’s yearning for a better life, the residents’ fitness demand is unprecedentedly high. As a lifestyle derived from urbanization, fitness consumption has become an important topic in the research of space production,...

This paper considers the essence and specific features of corporate financial investment. It describes the pros and cons of financial investment. Insight is provided into the peculiarities of such investment, its drawbacks, and how it specifically works. Financial investment means deferring a fix amount...

A corporate’s financing of its real investments has recently attracted considerable attention from academics who have proposed various theories. This paper firstly studies the Gordon growth model and the weighted average cost of capital formula with the empirical tests and the sensitivity analysis. Then,...

The organizational form and product form of the tourism industry determine the industrial characteristics that the tourism industry is highly dependent on information. In the past half century, information technology has been promoting the continuous improvement of the service quality and management...

The article discusses the factors that influenced the formation of models of financing political parties in Europe. Since the formation of the two types of political parties – cadre and mass – for the first the main source of funding were private donations, while for the second – entrance and membership...

With the maturity of big data technology, traditional industries have accelerated the integration with big data, and many industries have undergone radical changes, so some traditional economics principles may become invalid. This paper mainly researches whether there is a lipstick effect in the current...

The article covers a mechanism of involving personnel in the implementation of strategic plans of production processes innovation, the sources of formation of the regional system of personnel support of innovation. It justifies proposals for the use of multidisciplinary educational project teams (EPT)...

Due to the extensive blockade caused by the COVID-19 pandemic, the financial situation of Chinese airlines has deteriorated. This paper mainly adopts the methods of literature research and case study. Through literature reading, this paper studies the development of the COVID-19 and the impact of the...

After the rapid outbreak of Covid-19 at an alarming rate, it has had a catastrophic and unprecedented impact on the tourism industry, and has also profoundly affected the marketing methods related to the tourism industry. This paper collates and explains the intuitive harm of covid-19 to the tourism...

From 2019, COVID-19 has been sweeping the world at an extremely rapid pace. The disease is caused by the severe acute respiratory syndrome coronavirus type 2, which is highly contagious and transmitted in a variety of ways, such as saliva, sweat, and droplets. And the number of deaths and infections...

This paper summarizes the concept definition, reality reflection and development path of the existing research on eco-sports tourism development in southwest China by using the method of literature. Combining with the concept of “Two mountains theory” and based on the development of ecological sports...

The article considered the theoretical basis for the calculation of financial risks, their hedging with the help of artificial intelligence. The article presents a neural network for the assessment of financial risk for atime sequence of VAR-methods with a view to mitigate it when engaging in stock exchange...

Chinese cruise tourism products are seriously homogeneous, which significantly limits the sustainability, healthy and rapid development of China’s cruise market. The study aims to provide planning suggestions for Chinese “non-destination route” cruise tourism products and increase the diversity of tourism...

COVID-19 put the labor market in an unforeseen position because current technologies allow a portion of workers to work from home. In this paper, we will examine and speculate the changes of inequality in the labor market from the perspectives of skill, race, and gender before, during, and after the...

This paper presents the theory behind using AI for big data processing. It considers an artificial neural network designed to make decisions whether to open a position on a SiU9 futures contract; to that end, Spark-based big data processing is applied. It is hypothesized and proven herein that the futures...

The exploration of athletes’ entrepreneurial path is of great significance in alleviating employment pressure, solving the problem of athletes’ employment and promoting the development of sports. Entrepreneurial resources as a key factor in the choice of entrepreneurship path, few studied the entrepreneurial...

Under the trend of industrial integration, the tourism industry and other industries coexist and blend, reconstructing and achieving a win-win situation. In the post-epidemic era, hot spring tourism has been favored by tourists who value health and prefer to maintain good health due to its outstanding...

The article deals with studying the problematic issues related to the assessment of the evidential significance of the results of operational search activities obtained prior to the criminal case initiation and the admissibility of their use in criminal procedure evidence at the subsequent stages of...

Investment emotions are a huge topic in investment finance. Investment emotions influence the entire investment process, from choices to decisions to returns. However, not everyone has a deep understanding of investment sentiment. This article provides detailed information on how to measure investment...

Based on the analysis of pillar industries, the concept and division criteria of pillar industries are defined. Pillar industries refer to those that meet the long-term strategic planning of a country or region, represent the new direction of future industrial sustainable development, closely integrate...

Current trends in engineering training methodology are based on the use of information technology. The perspective direction is application of remote forms of education in the electronic educational environment of higher education institution. The efficiency of additional professional education consists...

In the context of the current unstable macroeconomic environment, we explored the impact of economic policy uncertainty on the corporate leverage ratio. The study found that economic policy uncertainty significantly reduces firm leverage ratios. This relationship holds significantly after a series of...

This paper discusses the issues of meta-subject construction of “Special chapters of physics” course contents for masters in STEM-specialties. The main informative unit of the course – the term of physical world-image (PWI) – displaying coherence and correlation of humanitarian, science and technology...

The Constitution of the Russian Federation proclaimed: “Everyone has the right to protection of health and medical care” (Article 41). The main law of the country declared free medical care in state and municipal health care institutions. However, the right of citizens to free medical care, especially...

In the context of the rapid development of social economy and the accelerating process of urbanization, the state and relevant departments have also put forward new tasks and requirements for the development of urban residents’ pension insurance. It is emphasized that it is necessary to link with reality...

Due to the COVID-19, quarantine has been introduced as a policy to restrain the expansion of the pandemic in China. As the policy successfully controlled the pandemic, it also had adverse effects on the economy of China indicated by decreasing in the Chinese GDP by 6.8% in the first quarter Error! Reference...