Asia Pacific Economic and Management Review

This study builds a super‑efficiency SBM framework that takes unintended outputs into consideration. Using the Dagum Gini index, Moran’s I statistic, and a principal component regression model, we evaluate the green development efficiency of the cultural sector across 11 provincial‑level units within the Yangtze River Economic Belt for the year 2023. The analysis uncovers both the spatial‑tempora…

In modern corporate governance, the separation of ownership and management rights leads to increasingly prominent principal-agent problems. Information asymmetry leads to adverse selection in advance and moral hazard after the event, which significantly increases agency costs and weakens the incentive effect of enterprises. In view of the realistic dilemma of unobservable executive ability and un…

The study combines both operational and financial perspectives of capital investment decisions in the manufacturing field, comparing a manufacturer’s choice of acquiring a new laser cutting machine against continuing to use their current machinery. The study was conducted over a 6-month period in 2025, where two types of finance were analyzed: a single payment of $700,000 as opposed to two paymen…

Based on the background of the implementation of China's "Dual Carbon" strategy and closely focusing on the practical needs of carbon market risk governance, this paper systematically explores the internal logic and practical paths of accounting tools empowering carbon market risk governance. The research first conducts risk identification and measurement analysis, and then clarifies the characte…

To investigate the durability of fly ash concrete under service conditions, this study systematically examined the effect of axial compressive load on its carbonation resistance. Prismatic specimens of ordinary Portland cement concrete (OPC) and concrete with 30% fly ash (FAC30) were prepared. Axial compressive loads at three levels (0%, 30%, and 60% of the ultimate strength) were applied using a…

The rapid development of AI and China’s delayed retirement policy have significantly challenged middle-aged workers’ employment willingness. This study utilized a cross-sectional survey of 889 pre-retirement individuals in Beijing, Guangzhou, and Lanzhou, using multivariate regression analysis to examine key influencing factors. Results indicate that employment willingness is significantly higher…

Against the backdrop of a rapidly expanding digital economy and progressively refined regulatory frameworks governing data resources, data assets have assumed an unprecedented strategic prominence as core corporate strategic resources. This study examines the telecommunications industry, with a particular focus on China Mobile as a representative case. Drawing upon the data resource disclosure pr…

Driven by the global wave of financial technology, digital currencies represented by central bank digital currencies are moving from theoretical concepts to practical explorations, indicating a potential paradigm shift in the global monetary system. This shift poses a fundamental challenge to the core of modern macroeconomic regulation. In this context, this study focuses on central bank digital …

Purpose: To understand the current situation of demand for traditional Chinese medicine(TCM) talents throughout the entire life cycle in China, the training and supply models, and the talent team situation, analyze the gap between demand and supply of traditional Chinese medicine talents, and put forward some suggestions and ideas to make the supply and demand of TCM talents in the whole life cyc…

As a disruptive paradigm of deep integration between biotechnology and advanced manufacturing, biomanufacturing is becoming a strategic engine for promoting green industrial transformation and cultivating new quality productive forces. This paper systematically studies the pathway mechanisms, policy frameworks, and comprehensive impacts of biomanufacturing in industrial transformation and upgradi…

With the development of media and the economy, "idol chasing" has become a common social phenomenon. Different age groups, regions, and circles have their own ways of chasing idols. These ways range from real-time interactions on short-video platforms and Weibo updates to participation in offline concerts and fan meetings; from teenagers' consumption of idol merchandise and albums to adults' part…

As a new type of economy following the agricultural and industrial economies, the digital economy is reshaping the regional innovation landscape through the non-competitive nature of data elements, the strong penetration of digital technologies, and the network externalities of platform ecosystems. Based on data from 31 provinces in mainland China from 2011 to 2023, this paper constructs a two-wa…

Against the backdrop of digital transformation, this paper explores its impact mechanisms and pathways on corporate financial management efficiency. A comprehensive evaluation framework encompassing operational efficiency, decision-making efficiency, and risk management efficiency was developed, with Haier Group serving as a case study. Findings indicate that digital transformation significantly …

Against the backdrop of the in-depth advancement of the "Dual Carbon" strategic goals and ecological civilization construction, resource-intensive enterprises are confronted with an urgent demand for green transformation. From the perspective of accounting and financial management, this paper conducts a systematic study on the identification and prevention countermeasures of financial risks in th…

The digital economy's rapid growth has made data a key driver of economic and social development. However, the replicable and shareable nature of data assets complicates the clear definition of ownership, hindering efficient circulation, market allocation, and technological innovation. Defining data ownership involves balancing the interests of multiple stakeholders—individuals, businesses, and g…

Digital transformation serves as a key driver of better firm financial performance and a critical enabler of high-quality economic and social development. Using a panel dataset of Chinese A-share listed manufacturing firms over the 2011–2022 period, this study empirically examines how digital transformation affects firm financial performance, along with its transmission mechanisms and heterogeneo…

In the context of a global shift toward green, intelligent, and high-end development, this study examines how New-Generation Productive Forces (NGPF) drive the competitiveness of the New Energy Vehicle (NEV) industrial innovation ecosystem. We develop a comprehensive evaluation framework integrating functional (innovation inputs, outputs, and performance) and structural (collaboration network cha…

Taking the Guangxi Zhuang Autonomous Region as a case study, this paper explores the spatial distribution pattern and influencing factors of secondary education resources. It comprehensively employs methods such as kernel density analysis, average nearest neighbor, spatial autocorrelation, and the location quotient model to characterize the spatial differentiation features of secondary education …

This article analyzes how digital technologies have reconfigured fine-art creation from early computer graphics to contemporary generative AI. It advances a practice-centered periodization that links changing tool affordances to shifts in authorship, originality, distribution, and the political economy of creative labor. Three phases are identified: medium translation (1980–2000), when images bec…

Against the backdrop of deep integration between the digital economy and the real economy, artificial intelligence is comprehensively reshaping the automotive industry's technological framework, production models, and value structures. Centred on the core logic of AI empowering the entire automotive industry chain, this paper systematically examines its application pathways and enabling outcomes …