國立高雄大學圖資館 |

Language: English

Back

Research on Critical Indicators of S...

Arizona State University.

Research on Critical Indicators of Shanghai International Financial Center Construction.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Research on Critical Indicators of Shanghai International Financial Center Construction.
Author:	Wang, Weiren.
Description:	101 p.
Notes:	Source: Dissertation Abstracts International, Volume: 76-09(E), Section: A.
Notes:	Advisers: David Yao; Bin Gu.
Contained By:	Dissertation Abstracts International76-09A(E).
Subject:	Business administration.
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3702153
ISBN:	9781321732856

Research on Critical Indicators of Shanghai International Financial Center Construction.
Wang, Weiren.

Research on Critical Indicators of Shanghai International Financial Center Construction. - 101 p.

Source: Dissertation Abstracts International, Volume: 76-09(E), Section: A.

Thesis (Ph.D.)--Arizona State University, 2015.

The city of Shanghai is set to become an international financial center (IFC) by 2020. To achieve this goal, it is imperative to clearly define the key characteristics of an IFC. In this study I draw from recent research on the ranking of IFCs to develop an index of these key characteristics that can be used to assess a city's standings as an IFC. Based on a review of prior research, I first put together a comprehensive list of the indicators that have been used to evaluate IFCs, which includes six first-level indicators and 34 second-level indicators. I then collect information on all these indicators from public sources for the following eight cities each year from 2011 to 2013: London, New York, Paris, Hong Kong, Tokyo, Singapore, Beijing and Shanghai. Next, I conduct a principal component analysis (PCA) on my data, and obtain four primary factors that contain most information of the original 34 indicators. The first factor covers 18 of the original indicators and reflects a city's level of development in general business environment. The second factor covers 10 of the original indicators and reflects a city's level of development in financial markets. The third factor covers three of the original indicators and reflects a city's level of economic vitality. The fourth factor covers three of the original indicators and reflects a city's level of the costs of living. I further calculate the composite scores for the above eight cities along these four factors, and find that these eight cities can be classified into three tiers on the basis of their scores. The first tier consists of New York and London; the second tier consists of Singapore, Hong Kong, Paris and Tokyo; and the third tier consists of Shanghai and Beijing. I also find that Shanghai has been making progress in its scores along these four factors over the last three years, especially regarding financial market development, economic vitality, and cost of living. What Shanghai needs to focus on next is to improve its business environment so that it can move up to the second tier in IFC status.

ISBN: 9781321732856Subjects--Topical Terms:

708619
Business administration.

Research on Critical Indicators of Shanghai International Financial Center Construction.
LDR:02979nmm a2200277 4500 001 476067
005 20160418090147.5
008 160517s2015 ||||||||||||||||| ||chi d
020 $a 9781321732856
035 $a (MiAaPQ)AAI3702153
035 $a AAI3702153
040 $a MiAaPQ $c MiAaPQ
100 1 $a Wang, Weiren. $3 730324
245 1 0 $a Research on Critical Indicators of Shanghai International Financial Center Construction.
300 $a 101 p.
500 $a Source: Dissertation Abstracts International, Volume: 76-09(E), Section: A.
500 $a Advisers: David Yao; Bin Gu.
502 $a Thesis (Ph.D.)--Arizona State University, 2015.
520 $a The city of Shanghai is set to become an international financial center (IFC) by 2020. To achieve this goal, it is imperative to clearly define the key characteristics of an IFC. In this study I draw from recent research on the ranking of IFCs to develop an index of these key characteristics that can be used to assess a city's standings as an IFC. Based on a review of prior research, I first put together a comprehensive list of the indicators that have been used to evaluate IFCs, which includes six first-level indicators and 34 second-level indicators. I then collect information on all these indicators from public sources for the following eight cities each year from 2011 to 2013: London, New York, Paris, Hong Kong, Tokyo, Singapore, Beijing and Shanghai. Next, I conduct a principal component analysis (PCA) on my data, and obtain four primary factors that contain most information of the original 34 indicators. The first factor covers 18 of the original indicators and reflects a city's level of development in general business environment. The second factor covers 10 of the original indicators and reflects a city's level of development in financial markets. The third factor covers three of the original indicators and reflects a city's level of economic vitality. The fourth factor covers three of the original indicators and reflects a city's level of the costs of living. I further calculate the composite scores for the above eight cities along these four factors, and find that these eight cities can be classified into three tiers on the basis of their scores. The first tier consists of New York and London; the second tier consists of Singapore, Hong Kong, Paris and Tokyo; and the third tier consists of Shanghai and Beijing. I also find that Shanghai has been making progress in its scores along these four factors over the last three years, especially regarding financial market development, economic vitality, and cost of living. What Shanghai needs to focus on next is to improve its business environment so that it can move up to the second tier in IFC status.
590 $a School code: 0010.
650 4 $a Business administration. $3 708619
650 4 $a Finance. $3 183252
690 $a 0310
690 $a 0508
710 2 $a Arizona State University. $b Business Administration. $3 531026
773 0 $t Dissertation Abstracts International $g 76-09A(E).
790 $a 0010
791 $a Ph.D.
792 $a 2015
793 $a Chinese
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3702153