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This study delineates the effect of cover thickness on reinforced concrete (RC) columns and beams under an elevated fire scenario. Columns and beams are important load-carrying structural members of buildings. Under all circumstances, the columns and beams were set to be free from damage to avoid structural failure. Under the high-temperature scenario, the RC element may fail because of the material deterioration that occurs owing to the thermal effect. This study attempts to determine the optimum cover thickness for beams and columns under extreme loads and fire conditions.

Cover thicknesses of 30, 40, 45, 50, 60 and 70 mm for the columns and 10, 20, 25, 30, 35, 40, 50, 60 and 70 mm for the beams were adopted in this study. Both steady-state and transient-state conditions under thermomechanical analysis were performed using the finite element method to determine the heat transfer through the RC section and to determine the effect of thermal stresses.

The results show that the RC elements have a greater influence on the additional cover thickness at extreme temperatures and higher load ratios than at the service stages. The safe limits of the structural members were obtained under the combined effects of elevated temperatures and structural loads. The results also indicate that the compression members have a better thermal performance than the flexural members.

Numerical investigations concerning the high-temperature behavior of structural elements are useful. The lack of an experimental setup encourages researchers to perform numerical investigations. In this study, the finite element models were validated with existing finite element models and experimental results.

The obtained safe limit for the structural members could help to understand their resistance to fire in a real-time scenario. From the safe limit, a suitable design can be preferred while designing the structural members. This could probably save the structure from collapse.

There is a lack of both numerical and experimental research works. In numerical modeling, the research works found in the literature had difficulties in developing a numerical model that satisfactorily represents the structural members under fire, not being able to adequately understand their behavior at high temperatures. None of them considered the influence of the cover thickness under extreme fire and loading conditions. In this paper, this influence was evaluated and discussed.

This paper presents the experimental and numerical results of the bending properties of low-height prestressed T-beams. The purpose is to study the bearing capacity, failure state and strain distribution of low-height prestressed T-beams.

First, two 13 m-long full-size test beams were fabricated with different positions of prestressed steel bundles in the span. The load–deflection curves and failure patterns of each test beam were obtained through static load tests. Secondly, the test data were used to validate the finite element model developed to simulate the flexural behavior of low-height prestressed T-beams. Finally, the influence of different parameters (the number of prestressed steel bundles, initial prestress and concrete strength grade) on the flexural performance of the test beams is studied by using a finite element model.

The test results show that when the distance of the prestressed steel beam from the bottom height of the test beam increases from 40 to 120 mm, the cracking load of the test beam decreases from 550.00 to 450.00 kN, reducing by 18.18%, and the ultimate load decreases from 1338.15 to 1227.66 kN, reducing by 8.26%, therefore, the increase of the height of the prestressed steel beam reduces the bearing capacity of the test beam. The numerical simulation results show that when the number of steel bundles increases from 2 to 9, the cracking load increases by 183.60%, the yield load increases by 117.71% and the ultimate load increases by 132.95%. Therefore, the increase in the number of prestressed steel bundles can increase the cracking load, yield load and ultimate load of the test beam. When the initial prestress is from 695 to 1,395 MPa, the cracking load increases by 69.20%, the yield load of the bottom reinforcement increases by 31.61% and the ultimate load increases by 3.97%. Therefore, increasing the initial prestress can increase the cracking load and yield load of the test beam, but it has little effect on the ultimate load. The strength grade of concrete increases from C30 to C80, the cracking load is about 455.00 kN, the yield load is about 850.00 kN and the ultimate load is increased by 4.90%. Therefore, the improvement in concrete strength grade has little influence on the bearing capacity of the test beam.

Based on the experimental study, the bearing capacity of low-height prestressed T-beams with different prestressed steel beam heights is calculated by finite element simulation, and the influence of different parameters on the bearing capacity is discussed. This method not only ensures the accuracy of bearing capacity assessment, but also does not require a large number of samples and has a certain economy. The study of prestressed low-height T-beams is of great significance for understanding the principle and application of prestressed technology. Research on the mechanical behavior and performance of low-height prestressed T beams can provide a scientific basis and technical support for the design and construction of prestressed concrete structures. In addition, the study of prestressed low-height T-beams can also provide a reference for the optimization design and construction of other structural types.

In this work, the authors analyze the dynamic interdependencies between military expenditures and the real economy for the period 1970–2018, and the authors' approach allows for the existence of dominant economies in the system.

In this study, the authors employ a Network General Equilibrium GVAR (global vector autoregressive) model.

By accounting for the interconnection among the top twelve military spenders, the authors' findings show that China acts as a leader in the global military scene based on the respective centrality measures. Meanwhile, statistically significant deviations from equilibrium are observed in most of the economies' military expenses, when subjected to an unanticipated unit shock of other countries. Nonetheless, in the medium run, the shocks tend to die out and economies converge to an equilibrium position.

With the authors' methodology the authors are able to capture not only the effect of nearness on a country's military spending, as the past literature has documented, but also a country's defense and economic dependencies with other countries and how a unit's military expenses could shape the spending of the rest. Using state-to-the-art quantitative and econometric techniques, the authors provide robust and comprehensive analysis.

The purpose of this study is to examine two issues, namely the degree of current account deficit (CAD) sustainability and the degree of capital mobility.

The sample for this study comprises 24 Latin American and Caribbean countries, including three regional agreements: Andean Community, MERCOSUR (Mercado Común del Sur), and SICA (Central American Integration System). This study employs the dynamic common correlated effects mean group (DCCEMG) estimator in a panel data set to investigate the long-run relationship between savings and investment along with short-run dynamics.

The findings indicate that CAD is weakly sustainable in the Latin American and Caribbean region, MERCOSUR, and SICA, while CAD is strongly unsustainable in the Andean Community. The sub-period analysis reveals that CAD has been adversely affected by the 2008 crisis. However, in the post-crisis period, CAD has been slowly decreasing in the Latin American and Caribbean region and Andean Community, whereas CAD has continued increasing in MERCOSUR and SICA. Further, the estimates of error-correction terms and short-run coefficients indicate that the Andean Community and MERCOSUR observe a higher degree of long-run and short-run capital mobility than SICA.

The results carry fundamental implications for policy-making processes aimed at maintaining sustainable CADs.

This study gives an alternative interpretation of the “Feldstein-Horioka” coefficient in terms of CAD sustainability and analyses the saving–investment relationship in light of Chudik and Pesaran (2015).

This study aims to examine the mediating effects of corporate governance mechanisms like the board of directors on the association between disruptive technology adoption by audit clients and the risk of material misstatements, including inherent risk and control risk. In particular, the authors study the mediating effects of board characteristics such as board size, independence and gender diversity.

Based on a sample of 100 audit clients listed on the FTSE 100 from 2015 to 2021, this study uses structural equation modelling to test the research objectives.

The findings indicate a significant and negative association between disruptive technology adoption by audit clients and inherent risk. However, there is no significant evidence observed for control risk. The utilisation of disruptive technology by the audit client has a significant impact on the board characteristics, resulting in an increase in board size, greater independence and gender diversity. The authors also find strong evidence that board independence mediates the association between disruptive technology usage and both inherent risk and control risk. In addition, board size and gender exhibit distinct and differential mediating effects on the association and across the two types of risks.

The study reveals that the significant role of using disruptive technology by audit clients in reducing the risk of material misstatements is closely associated with the board of directors, which makes audit clients place greater emphasis on the construction of effective corporate governance.

This study offers essential primary evidence that can assist policymakers and standard setters in formulating guidance and recommendations for board size, independence and gender quotas, ensuring the enhancement of effective governance and supporting the future of audit within the next generation of digital services.

With respect to relevant stakeholders, it is imperative for audit clients to recognise that corporate governance represents a fundamental means of addressing the ramifications of applying disruptive technology, particularly as they pertain to inherent and control risks within the audit client.

This study contributes to the existing literature by investigating the joint impact of corporate governance and the utilisation of disruptive technology by audit clients on inherent risk and control risk, which has not been investigated by previous research.

This study aims to demonstrate and measure the impact of liquidity shocks on a bank’s solvency, especially when the bank does not hold sufficient liquid assets.

The proposed model is an extension of Merton’s (1974) model. It assesses the bank’s probability of default over one or two (short) periods relative to liquidity shocks. The shock scenarios are materialised by different net demands for the withdrawal of funds (NDWF) and may lead the bank to sell illiquid assets at a depreciated value. We consider the possibility of second-round effects at the beginning of the second period by introducing the probability of their occurrence. This probability depends on the proportion of illiquid assets put up for sale following the initial shock in different dependency scenarios.

We observe a positive relationship between the initial NDWF and the bank’s probability of default (particularly over the second period, which is conditional on the second-round effects). However, this relationship is not linear, and a significant proportion of liquid assets makes it possible to attenuate or even eliminate the effects of shock scenarios on bank solvency.

The proposed model enables banks to determine the necessary level of liquid assets, allowing them to resist (i.e. remain solvent) different liquidity shock scenarios for both periods (including eventual second-round effects) under the assumptions considered. Therefore, it can contribute to complementing or improving current internal liquidity adequacy assessment processes (ILAAPs).

The proposed microprudential approach consists of measuring the impact of liquidity risk on a bank’s solvency, complementing the current prudential framework in which these two topics are treated separately. It also complements the existing literature, in which the impact of liquidity risk on solvency risk has not been sufficiently studied. Finally, our model allows banks to manage liquidity using a solvency approach.

The main purpose of this research is to (1) prioritise key determinants of Industry 4.0 (I4.0) readiness assessment and (2) evaluate causal relationships among those determinants and associated sub-criteria based on inputs from industry experts.

The methodology involved two phases: (1) an MCDM approach for determining causal relationships among determinants and (2) empirical validation of findings from the first phase using industry experts' inputs.

It was found that while the choice of I4.0 technologies is important, organisational factors are also critical, as evidenced by the ranking of the “Strategy and Organisation” determinant as the highest rank prominent determinant. Also, the ranking of the sub-criteria within each determinant shows the importance of several organisational influencing and resulting sub-criteria.

This research extends the existing literature on I4.0 by demonstrating the prioritisation of determinants and delineating causal relationships among them and associated sub-criteria as a basis for developing I4.0 adoption guidelines. This research is limited to the specific scope of determinants selected/considered and experts' inputs from the Sri Lankan manufacturing sector. Future studies could consider extending this research into a broader global manufacturing context.

Prioritisation and causal relationships of I4.0 readiness assessment determinants, supported with inputs from functional managers and industry experts, could be used to guide practitioners in developing guidelines for I4.0 adoption in a phased manner.

This research provides a re-evaluation and validation of a selected I4.0 readiness assessment framework from the perspectives of interdependencies and casual relationships among its determinants and sub-criteria, based on inputs from industry experts as a basis for developing guidelines for I4.0 adoption.

To understand the seismic behavior of reinforced concrete (RC) beams confined by corroded stirrups, low-reversed cyclic loading tests were carried out on seven RC beam specimens with different stirrup corrosion levels and stirrup ratios to investigate their mechanical characteristics.

The failure mode, hysteresis behavior, skeleton curves, ductility, stiffness degradation and energy dissipation behavior of RC specimens are compared and discussed. The experimental results showed that the restraint of concrete provided by corroded stirrups is reduced, which leads to a decline in seismic performance.

For the specimens with the same ratios of stirrup, as the corrosion level increased, the load-carrying capacity, stiffness, plastic deformation capacity and energy-dissipation capacity dropped significantly. Compared with the uncorroded specimen, the failure modes of specimens with high corrosion level changed from ductile bending failure to brittle failure. For the specimens with the same levels of corrosion, the higher the stirrup ratio was, the stronger the restraint effect of the stirrups on the concrete, and the seismic behavior of the specimens was obviously improved.

In this paper, a total of seven full-size RC beam specimens at joints with different stirrup corrosion levels and stirrup ratios were designed and constructed to explore the influences of corrosion levels and stirrup ratios of stirrups on the seismic performances. The failure modes, strain of reinforcement, hysteretic curves, skeleton curves, stiffness degradation and ductility factor of RC specimens are compared and discussed.

Claims are increasingly becoming a norm in construction projects and thus an area that is attracting interventions through researches. This paper aims to establish causes–effects relationship of claims in construction projects.

This is correlation study type of study that attempts to establish causes–effects relationship of claims in construction projects. Significant causes and effects of construction claims were determined using one-sample t-test. To establish the relationship, the significant causes and effects of construction claims were correlated using bivariate correlation analysis.

Among the significant causes, variations, change of scope of the project and delay in completion of works have high level of significant positive relationship with five to six other causes and positive relationship with multiple effects ranging from five to six. Besides, among significant effects, delay in completion and delivering of construction projects, poor contractual relationship among parties and extension of time have significant positive relationship with multiple causes.

The findings of this study are limited to causes-causes relationship and causes–effects relationship of claims in construction projects. This means effects–effects relationship was not covered that could be an important area to investigate as some of causes and effects are at times termed interchangeably.

With reference to previous studies which have focused on determining the causes and effects of construction claims, the findings of the current study have specific contribution on claims management as it divulges the causes of constructions claims that have multiplier effects to the project as a result of their linkage.

The paper unveils causes of claims with multiplier effects to construction projects for project participants to devise strategies to minimize and consequently eliminate them.

This paper examines firm-level accountability and performance implications under a state-dominated institutional environment, China, for firms engaged in the space economy. Extant studies on the rapidly evolving civil space economy predominantly focus on developed Western economies at national or sector levels, frequently ignoring alternative institutional contexts. Additionally, limited attention has been given to firm-level empirical evidence and analysis, including corporate social responsibility (CSR) practice-R&D quality relationships in the space economy. The paper addresses each of these areas.

This paper utilises multiple regression, propensity score matching and split sampling methods applied to a proprietary dataset of Shanghai and Shenzhen Stock Exchange-listed A-share firms. Results are robust to endogeneity issues, alternative measurement of dependent variables and sampling.

China’s space firms demonstrate superior CSR performance to their counterparts in other sectors, supporting CSR‘s role in maintaining legitimacy. Their CSR practices also positively contribute to firm patent quality. The link is more pronounced among firms facing higher economic policy uncertainty and for state-owned enterprises (SOEs). The latter is due to SOEs’ government support, advantages in financing and attracting and retaining a high-quality workforce.

This paper adds to discussion on major space power’s, by examining China’s state-dominated civil space sector. It also addresses a lack of empirical firm-level evidence on space firm behaviour by examining the impact of firm-level CSR practices on R&D quality outcomes, areas in which there is a limited literature.