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下載積分: 10 賞幣
上傳時間:2024-03-14
頁數(shù): 27
大小: 0.41(MB)
子文件數(shù):
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簡介:3000英文單詞,英文單詞,17萬英文字符,中文萬英文字符,中文5100字文獻出處文獻出處MORED,BASUPCHALLENGESOFSUPPLYCHAINFINANCEJBUSINESSPROCESSMANAGEMENTJOURNAL,2013,19462464724CHALLENGESOFSUPPLYCHAINFINANCEADETAILEDSTUDYANDAHIERARCHICALMODELBASEDONTHEEXPERIENCESOFANINDIANFIRMDILEEPMOREANDPREETAMBASUABSTRACTPURPOSETHEPURPOSEOFTHISPAPERISTOEXAMINETHEDIFFERENTCHALLENGESTHATCONFRONTSUPPLYCHAINFINANCESCFANDTODEVELOPAHIERARCHICALMODELTHATANALYZESTHECOMPLEXRELATIONSHIPDYNAMICSAMONGTHEMDESIGN/METHODOLOGY/APPROACHANEXTENSIVESURVEYISCARRIEDOUTAMONGSTINDIANFIRMSTOASCERTAINTHEPERCEPTIONSANDEXPERIENCESRELATEDTODIFFERENTSCFCHALLENGESAFTEROBTAININGANOVERVIEWOFTHEDIFFERENTSCFCHALLENGES,ANINDIANCOMPANYWITHGLOBALOPERATIONSWASAPPROACHEDANDAFTERESTABLISHINGRELATIONSHIPSAMONGTHECHALLENGES,AHIERARCHICALRELATIONSHIPSTRUCTUREWASDEVELOPEDANDMIMBIANALYSISWHEREMIMEASUREOFINFLUENCINGMBIMEASUREOFBEINGINFLUENCEDWASCARRIEDOUTTHATHELPEDUNDERSTANDTHERELATIONSHIPDYNAMICSOFSCFCHALLENGESANDIDENTIFYACTIONSATBOTHSTRATEGICANDTACTICALLEVELSFINDINGSTHESTUDYREVEALSTHATLACKOFCOMMONVISIONAMONGTHESUPPLYCHAINSCPARTNERSISTHEMOSTCRITICALCHALLENGECONFRONTINGSCFUNPREDICTABLECASHFLOWSRESULTINGFROMDELAYSINFINANCIALTRANSACTIONS,DUETOLACKOFAUTOMATIONINTHEPAYMENTPROCESSES,ALONGWITHLACKOFKNOWLEDGEANDTRAININGONSCFTOOLS,ALSOPLAYSIGNIFICANTROLESASORGANIZATIONSARETIGHTLYINTEGRATEDTHROUGHTHEIRSC,THEYSHOULDINITIATECOLLABORATIVEAPPROACHESACROSSTHESCTOREDUCETHETOTALPROCURETOPAYMENTCYCLETIMEAND,INTHEPROCESS,IMPROVEOVERALLFINANCIALSTABILITYOFTHESCRESEARCHLIMITATIONS/IMPLICATIONSTHISSTUDYISBASEDONTHEFINDINGSFROMTHEINDIANINDUSTRYFUTURERESEARCHMAYINCLUDEALARGESCALESURVEYANDCASESTUDIESACROSSORGANIZATIONSLOCATEDINDIFFERENTCOUNTRIESANDOPERATINGUNDERDIFFERENTENVIRONMENTSPRACTICALIMPLICATIONSBASEDONTHESTUDY,FIRMSCANEVALUATETHEDYNAMICSOFSCFCHALLENGESANDREDEFINESCRELATIONSHIPSANDSTRATEGIESTOACHIEVEDESIREDCASHFLOWINTHESCORIGINALITY/VALUETHEACADEMICLITERATUREONFINANCIALSUPPLYCHAINSISVERYLIMITEDTHISPAPERAPPEARSTOBETHEFIRSTFORMALATTEMPTATANALYZINGTHEVARIOUSCHALLENGESCONFRONTINGSCFSCFPLATFORMPROVIDERSWHOTEAMUPWITHLARGEFINANCIALINSTITUTIONSTOMEETTHECAPITALREQUIREMENTSOFTHEENTIRESCSCFCREATESAFINANCIALWINWINFORTHEBUYER,THESELLERANDTHEFINANCIALINTERMEDIARYDELOITTE,2009PRICEWATERHOUSECOOPERS,2009HURTREZANDSALVADORI,2010WHILEBUYERSENJOYEXTENDEDPAYMENTTERMSANDANINCREASINGLYRELIABLESUPPLYBASE,SUPPLIERSGAINACCESSTOLOWERCOSTOFFINANCINGANDMUCHMORESTABLEANDPREDICTABLECASHFLOWSFINANCIALINTERMEDIARIESSTANDTODRAMATICALLYINCREASETHEIRINVOLVEMENTINGLOBALSCSBYEXTENDINGTHEIRREACHTOCOVERTHEIRCUSTOMERS’ENDTOENDSCFAIRCHILD,2005KNOX,2005GLASSANOS,2007GREATOPPORTUNITIESLIEAHEADINMANAGINGTHEFINANCIALFLOWSEFFICIENTLYHOWEVER,ATPRESENT,THEFINANCIALSCISINACRITICALPHASEOFEVOLUTIONFACINGVARIOUSCOMPLEXANDSIGNIFICANTCHALLENGESITISIMPORTANTTOANALYZEANDUNDERSTANDHOWTHEDIFFERENTSCFCHALLENGESINTERACTANDGAINANINSIGHTINTOTHEIRCOMPLEXDYNAMICSINTHISPAPER,ASURVEYHASBEENCONDUCTEDAMONGSTINDIANORGANIZATIONSTOLEARNABOUTTHEIRPERCEPTIONSANDEXPERIENCESRELATEDTOTHEDIFFERENTCHALLENGESTHATCONFRONTTHEIRFINANCIALSCSAFTERIDENTIFYINGTHESCFCHALLENGESININDIANENVIRONMENT,AWELLKNOWNINDIANFIRMHASBEENAPPROACHEDTOASCERTAINTHEATTITUDEANDAWARENESSABOUTTHECHALLENGESCONFRONTINGITSSCAND,TOUNDERSTANDANDANALYZETHEINTERACTIONSANDDYNAMICSAMONGTHECHALLENGESINTHECOMPANY’SSC,ANINTERPRETIVESTRUCTURALMODELINGISMHASBEENDEVELOPEDBASEDONTHEANALYSIS,THESTUDYDISCUSSESAPPROPRIATEACTIONPLANS,POLICIESANDSTRATEGIESFORDEPLOYINGSCFWITHTHEPURPOSEOFREDUCINGVULNERABILITYANDRISKSASSOCIATEDWITHTHEFINANCIALSCSTHENEXTSECTIONADDRESSESVARIOUSCHALLENGESTHATCONFRONTTHESCFSECTION3PRESENTSASURVEYTOGETAFIRSTHANDVIEWOFTHEPERCEPTIONANDBELIEFABOUTTHEIMPORTANCEOFSCFCHALLENGESINTHECONTEXTOFINDIANORGANIZATIONSSECTION4PROFILESANINDIANORGANIZATIONTHATHASBEENFACINGSCFCHALLENGESSECTION5STATESTHEMETHODOLOGYANDMODELDEVELOPMENTWHEREASMANAGERIALIMPLICATIONSBASEDONTHESURVEYANDMODELDEVELOPEDAREPRESENTEDINSECTION6THEPAPERISCONCLUDEDINSECTION7BYHIGHLIGHTINGTHESALIENTPOINTSOFTHESTUDY,LIMITATIONSANDFUTURESCOPEOFRESEARCHINTHISEVOLVINGFIELD2CHALLENGESFORIMPROVINGSCFINTHESUPPLYCHAIN,FINANCINGISMADEPOSSIBLEATDIFFERENTPOINTSOFTHESCBASEDONEVENT
下載積分: 10 賞幣
上傳時間:2024-03-12
頁數(shù): 16
大小: 0.1(MB)
子文件數(shù):
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簡介:4000英文單詞,英文單詞,22萬英文字符,萬英文字符,6950漢字漢字文獻出處文獻出處TURANSSFINANCIALINNOVATIONCROWDFUNDINGFRIENDORFOEJPROCEDIASOCIALANDBEHAVIORALSCIENCES,2015,195353362FINANCIALINNOVATIONCROWDFUNDINGFRIENDORFOESEMENSONTURANABSTRACTAPHENOMENONWITHACONSIDERABLEPAST,ANDWITHNEWCONSPICUOUSINVESTMENTMODELSANDFINANCIALPRODUCTSANDSERVICESPROLIFERATEDTHROUGHTHEINTERNETFINANCIALINNOVATIONSEEMSTOBEALMOSTUBIQUITOUSTHESEDAYSWHILETHEREARENUMEROUSADVANTAGES,ESPECIALLYNOWADAYSTHROUGHTHEEXPLOITATIONOFEASILYACCESSIBLE,LOWCOSTANDCONVENIENTECOMMERCEPLATFORMS,INNOVATIONINTHEFINANCESECTORDOESNOTCOMEWITHOUTITSPERILSBANKSANDTRADITIONALFINANCIALINSTITUTIONSARELOSINGCHUNKSOFMARKETSHARETOVIRTUALINTERMEDIARIESANDINVESTORSAREOPERATINGINRELATIVELYLESSREGULATEDAND,CONSEQUENTLY,LESSSECUREENVIRONMENTSFURTHERMORE,FROMTHEPERSPECTIVEOFALLSTAKEHOLDERS,THEREISAKNIGHTIANUNCERTAINTYCOMPONENTOFTHELONGTERMRAMIFICATIONSININVESTINGINANDTHROUGHNEWLYDEVELOPEDPRODUCTSANDPLATFORMSASSUCH,ITISONLYRECENTLYTHATECONOMICHISTORYWITNESSEDTHEOUTBREAKOFTHESUBPRIMEMORTGAGECRISISCAUSEDBYTHEUNRAVELINGOFACHAINOFEVENTSINTERLINKEDTHROUGHTHEIMPRUDENTUSEOF“INNOVATIVE”DERIVATIVETRANSACTIONSINVOLVINGCREDITDEFAULTSWAPSBACKEDBYTHEINSATIABLEAPPETITEOFTHE“IRRATIONALLYEXUBERANT”INVESTORANDTHEEASEMENTOFREGULATIONPAVINGTHELEEWAYFORPREDATORYLENDINGTHISPAPERINVESTIGATESWHETHERANDTOWHATEXTENTINNOVATIVEINVESTMENTMODELSSUCHASCROWDFUNDING,ASTHEGAMECHANGER,FORCINGTHETIGHTLYREGULATEDSECURITIESMARKETSTOADAPTTOTHERULESOFTHEWEB30ERAANDRELIEVEDTHROUGHTHEPROVISION,TITLEIII,OFTHEJOBSACT,COULDBEAPOTENTIALPERILTOTHATEND,ITDISCUSSESTHEEVOLUTIONOFTHEEQUITYCROWDFUNDINGMODELINTHEREALMOFTHETECHNOLOGYPUSHDEMANDPULLFRAMEWORKANDANALYZESTHECURRENTSITUATIONOFTHEMARKETKEYWORDSINNOVATIVEINVESTMENTMODELSCROWDFUNDINGTECHNOLOGYPUSHDEMANDPULLFINANCIALINNOVATIONJOBSACT1INTRODUCTIONCROWDFUNDING“CF”,ALSOCALLEDCROWDINVESTING,REPRESENTSAFAIRLYNEWSOURCEOFEARLYSTAGEVENTUREFUNDING,WHEREALARGENUMBEROFPEOPLEAREVIRALLYMOBILIZEDTHROUGHANONLINEDONATIONORINVESTMENTBASEDMODEL,TOCONTRIBUTEDURINGAGIVENTIMEPERIOD,RELATIVELYSMALLPORTIONSOFFUNDSWITHTHEAIMOFSUPPORTINGACAUSE,PROJECTORBUSINESSVENTUREDONATIONBASEDMODELSAREEITHERSETUPTOFACILITATEPHILANTHROPICGIVINGORTOPROVIDENONMATERIALREWARDSTOTHEDONORS,WHEREASINVESTMENTBASEDMODELSOFFERACLAIMTOADEBTORASHAREOFEQUITYORAPORTIONOFPROFITORREVENUEINEXCHANGEFORTHECONTRIBUTIONOFTHEINVESTORALSOREFERREDTOASTHEBACKERTHOUGHTHEHISTORYOFCOLLECTIVEFUNDRAISINGGOESBACKASFARASTHE18THCENTURYSUBSCRIPTIONOR“PRAENUMERATION”MODELUSEDTOFINANCETHEPRINTINGOFBOOKSCORSTEN,1991,THEMORPHEDPRACTICEOFRAISINGCAPITALTHROUGHONLINECOMMUNITIESFORMEDBY“SHEERSTRANGERS”,WHOMAYORMAYNOTBESOPHISTICATEDINVESTORSDEPENDINGONTHELEGALRESTRICTIONSOFTHEIRHOMECOUNTRY,AREROOTEDINTHEDONATIONBASEDMODELSPEARHEADEDBYAROCKBAND’SFANFUNDEDREUNIONTOURIN1997FEINBERG,2013WITHITSTREMENDOUSGROWTHWORLDWIDE,CFINCREASEDFROM21TO143FROM2007TO2011,ANDTHEEQUITYCROWDFUNDING“EC”SHAREOFTHECFPIEINCREASEDTHREEFOLD,REACHING15DURINGTHESAMEPERIODSTATISTA,2014THERAPIDEVOLUTIONARYPACEOFTODAY’SSOCIALNETWORKENGINESTHATFACILITATEINVESTORSANDLOOSEREGULATORYCONTROL,INITSAFTERMATH,CREATEDAMORECHALLENGINGLENDINGENVIRONMENT,ORA“FUNDINGGAP”,ESPECIALLYFORSMESANDNEWVENTURESINNEEDFORTHESEFUNDSTHE“DEMANDPULL”FACTORBUSINESSANGELS,AND,ATLATTERSTAGES,VENTURECAPITALISTSPARTIALLYSERVEDASREMEDY,HOWEVER,ONLYTOTHELUCKYFEWOFENTREPRENEURSWHOHADTHEAWARENESSOFTHEIREXISTENCE,THECOMMUNICATIONSKILLSTOACCESSTHEMANDMAKETHEIR“PITCH”TOTHESEORGANIZEDGROUPSOFINVESTORSONTHECONTRARY,ONLINEINVESTMENTPLATFORMSTHE“TECHNOLOGYPUSH”FACTORRELIEVEBOTHINVESTORSANDENTREPRENEURSFROMTHEBURDENSOFTHETRADITIONALEARLYSTAGEINVESTMENTPROCESSBYPROVIDINGQUICK,EASYANDLOWCOSTACCESSTOAVARIETYOFPROJECTS,INATRANSPARENTSETTINGFACILITATEDBYATHIRDPARTYTHEIMPORTANCEOFANGELINVESTORSHASINCREASEDINRECENTYEARSGIVENTHEDIFFICULTIESYOUNGINNOVATIVEFIRMSFACEINSECURINGFINANCEFROMOTHERCHANNELSWILSON,2011MEANWHILE,VENTURECAPITALFIRMSAREPAYINGMOREATTENTIONTOLATERSTAGEINVESTMENTS,AND,COUPLEDWITHTHEPOST2008CRISISGROWINGDEMANDFORCHEAPANDACCESSIBLEFUNDS,HAVELEFTASIGNIFICANTFUNDINGGAPATTHESEEDANDEARLYSTAGEANGELINVESTORS,OPERATEINTHISINVESTMENTSEGMENTANDTHUSHELPTOFILLTHISINCREASINGGAPECDEPARTSFROMTHEMODELSOFTRADITIONALANGELINVESTORSANDVENTURECAPITALFIRMSSINCETRANSACTIONSAREINTERMEDIATEDBYANONLINEPLATFORMSOMEPLATFORMSAREMOREACTIVEINSCREENINGANDEVALUATINGCOMPANIESTHANOTHERSALSO,THEIRROLEDURINGTHEINVESTMENTANDPOSTINVESTMENTSTAGESCANVARYSIGNIFICANTLYECPLATFORMS,INGENERAL,FOLLOWTHEPHASESDESCRIBEDINTHISPAPER3STAKEHOLDERRISKSTHEREARETHREEDIRECTSTAKEHOLDERSTOTHEECMODELTHEENTREPRENEUR,THEINVESTOR,ANDTHEECPLATFORMTHESEPLAYERSMAYNOTBEFULLYAWAREOFTHEIMMEDIATEANDLONGTERMRISKSTHEYHAVETOBEARPRIORTO,DURING,ANDINTHEAFTERMATHOFTHEECPROCESSSOMEENTREPRENEURSDONOTFULLYCOMPREHENDTHEUNIQUECHALLENGESTHATGOINGDOWNTHEECROUTECANBRINGINVESTORS,ESPECIALLYUNSOPHISTICATEDONES,MAYUNDERESTIMATETHERISKSASSOCIATEDWITHHIGHRISKINVESTMENTSORMISREADSIGNALSECPLATFORMS,ONTHEOTHERHAND,CARRYTHEBURDENOFACTING,BOTH,ASANINVESTMENTBANKANDANAUDITORFROMALEGALSTANDPOINT,THEINVESTORBUYSASTAKEINTHECOMPANY,WHERETHEVALUE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下載積分: 10 賞幣
上傳時間:2024-03-16
頁數(shù): 15
大?。?0.24(MB)
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下載積分: 13 賞幣
上傳時間:2024-01-07
頁數(shù): 0
大?。?0.42(MB)
子文件數(shù):
-
下載積分: 13 賞幣
上傳時間:2024-01-07
頁數(shù): 0
大?。?0.19(MB)
子文件數(shù):
-
下載積分: 13 賞幣
上傳時間:2024-01-06
頁數(shù): 0
大小: 0.91(MB)
子文件數(shù):
-
下載積分: 13 賞幣
上傳時間:2023-07-21
頁數(shù): 0
大?。?0.55(MB)
子文件數(shù):