The development of the financing leasing system in China has been relatively slow. This paper primarily introduces the regulations on the financing leasing system by Article 388 of the Chinese Civil Code and related clauses. It addresses the characterization of ownership or security rights, as well as regulations on priority of rights, defective security responsibility, liability for damage to others, maintenance obligations, risk of destruction or loss, public notice, breach remedies, and right enforcement. Furthermore, this paper highlights the differences in regulatory frameworks for movable and immovable property financing leasing in China. Chinese law does not explicitly address issues related to immovable property financing leasing, as it focuses on the functionality of guarantees for movable property and rights due to the clear ownership registration authorities for immovable property, eliminating the issue of "hidden guarantees." Article 65 of the Interpretation of the Civil Code provides comprehensive regulations on the functionalization of financing leasing guarantees.
REVIEW ARTICLE | Sept. 29, 2023
Emotional Labour: An Undervalued Human Resources Asset in Nigerian Public Sector Organizations
Caroline Aturu-Aghedo, Ume Eucharia
Page no 231-237 |
DOI: 10.36348/sjbms.2023.v08i09.002
Employees in most service sector organizations utilizes diverse aspects of their intangible human assets. However, emotional labour is one of such invisible human assets often utilized by employees at the workplace. Like other aspects of organizations’ resources, emotions in service oriented field of human endeavor is seen as a product, yet, in most developing and underdeveloped economies, most employers and organizations often give little or no attention to its existence. Thus, this study examines the value of emotional labour in Nigeria public sectors. From the review of related literatures, the study established that the attention given and the value placed on emotional labour in the Nigerian public service organizations (especially, the police force, public schools and the healthcare services) is inadequate, as it is not fairly compensated as well as untrained and undeveloped, in spite of the enormous contributions made by employees in these institutions to the development and sustenance of the nation’s economy. Thus, the need for organizations (especially service oriented public enterprises) in Nigeria, to give adequate attention to emotional labor in order to optimize its use in achieving effective service delivery.