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Article
Publication date: 1 December 2004

Yihua Cao, Yong Chen, Kungang Yuan and Changjiang Jin

Control laws that are based on the nonlinear inverse dynamics (NID) of the aircraft offer the potential for providing improved levels of performance over conventional…

Abstract

Control laws that are based on the nonlinear inverse dynamics (NID) of the aircraft offer the potential for providing improved levels of performance over conventional flight control designs. The NID and its application in the flight control during windshear penetration are introduced here. With the employment of a real engineering windshear model and NID, a low‐altitude windshear penetration flight control law is designed. The simulative calculation results indicated that the NID control logic works effectively in the trajectory control of the aircraft during the penetration of windshear.

Details

Aircraft Engineering and Aerospace Technology, vol. 76 no. 6
Type: Research Article
ISSN: 0002-2667

Keywords

Article
Publication date: 17 August 2012

Jun Zhang, Zuqiang Liu, Yanjie Liu and Yong Liu

The purpose of this paper is to apply grey statistical model to identify and classify live fault rupture.

131

Abstract

Purpose

The purpose of this paper is to apply grey statistical model to identify and classify live fault rupture.

Design/methodology/approach

Based on grey statistical mode, this paper uses eight faults' ripping speed observation data from 1997 to 2001, according to the grey statistics method for analysis, and recognizes active fault rupture situation. Using the conventional methods, namely taking all faults monitoring stations' average dislocation rate to analysis and make judgment, the average results are obtained.

Findings

The results show that the results are closer to reality because the grey statistical evaluation method has considered dislocation rate and other discrete factors.

Practical implications

The method exposed in the paper can be used to monitor and recognize live fault rupture in earthquake prediction.

Originality/value

According to the fault dislocation rate, this paper advances active fault rupture identification and classification method based on grey statistical model.

Article
Publication date: 1 January 2009

Li Genpan

The purpose of this paper is to demonstrate that the sustainable development thought is one good reason why Chinese civilization is continuously developing, and it can be…

2837

Abstract

Purpose

The purpose of this paper is to demonstrate that the sustainable development thought is one good reason why Chinese civilization is continuously developing, and it can be used as a reference for the development of Chinese agriculture today.

Design/methodology/approach

The paper employs a historical analysis approach to examine the sustainable thoughts concerning Chinese traditional agriculture, including view of sancai, farming season, fertility, the nature of matters, recycling, and economization.

Findings

The results reveal that the nature of Chinese traditional agriculture is akin to ecological agriculture, which is precious heritage for China and the whole world.

Originality/value

The originality of this paper is that it confirms the fundamental reason of the continuous development of Chinese civilization which, based on organization of sustainable development thought, lies in traditional agriculture.

Details

China Agricultural Economic Review, vol. 1 no. 1
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 1 March 1999

Zhouying Jin

The world has entered the Knowledge Age. Numerous events provide evidence that traditional organizational systems are finding it difficult to maintain their…

1769

Abstract

The world has entered the Knowledge Age. Numerous events provide evidence that traditional organizational systems are finding it difficult to maintain their competitiveness in this unpredictable world. The “organization” itself has become the most important factor of competition.Organizational revolution is the first item on the agenda. This paper examines traditional Chinese research organizations and concludes that organizational innovation is a precondition for creation and innovation. The author discusses a new type of reserach organization ‐ the virtual institute (VI), its background and significance. The author also looks at the organizational change in China and offers examples of VIs both in the USA and in China. The experiences of implementing VIs in China indicate that the VI is an inevitable trend for the future. Finally, the author discusses the outlook and challenges of VI.

Details

Journal of Knowledge Management, vol. 3 no. 1
Type: Research Article
ISSN: 1367-3270

Keywords

Article
Publication date: 21 June 2011

Berna Kirkulak, Bin Qiu and Wei Yin

This paper seeks to examine the impact of foreign direct investments (FDI) on air pollution in China using 286 cities from 2001 to 2007. It is a particular interest of…

2306

Abstract

Purpose

This paper seeks to examine the impact of foreign direct investments (FDI) on air pollution in China using 286 cities from 2001 to 2007. It is a particular interest of this paper to observe the relationship between FDI and air pollution in particular after China joined to World Trade Organization in 2001. This paper provides a better understanding of economic growth and foreign investment while maintaining a sustainable environment. In order to achieve this task, this paper tests whether or not FDI inflow has impact on environmental deterioration in particular on air quality.

Design/methodology/approach

Since the data are both cross‐sectional and time series, panel data analyses (fixed effects and random effects) were applied. In order to detect the presence of serial correlation of error term, Durbin‐Watson test was used. As serial correlation problem was determined, generalized least square (GLS) using Ar(1) model was used to overcome serial correlation.

Findings

The findings show that FDI has no negative impact on the air quality in China. Contrary to expectations, the presence of FDI reduces the air pollution. This result can be attributed by the role of FDIs in the economy that FDIs are perceived as main sources of advanced technology in China. One of the striking findings of the paper shows that FDI has no significant impact on air quality in the central and western cities. The reason is that low level of FDI inflows to cities located in the Center and West. The findings are robust under both panel data (fixed effects and random effects) and GLS estimations.

Practical implications

The results provide a wide array of information useful to practitioners, policy makers. Since the paper shows that FDI has no negative impact on the air quality, this result is crucial in attracting FDI to China.

Originality/value

This paper provides the largest sample including 286 cities all over China from 2001 to 2007. Considering the distribution of FDI across China, the sample is divided into three regions. Making sub‐samples of the FDI distribution allowed us to examine how the impact of FDI differs on air quality in the East, Central and West regions.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 4 no. 2
Type: Research Article
ISSN: 1754-4408

Keywords

Article
Publication date: 7 August 2017

Tingting Zhou and Juan LI

The purpose of this paper is to explore financial quality problems, based on the dynamics of the ownership structure, in the privatization process to clarify the internal…

Abstract

Purpose

The purpose of this paper is to explore financial quality problems, based on the dynamics of the ownership structure, in the privatization process to clarify the internal relation among the ownership’s attribution of the commercial mixed ownership company, the company’s performance and its financial relationships. This paper also examines the mixed ownership enterprise’s potential problems during the development process.

Design/methodology/approach

Adopting the single case study method, the authors selected the mixed ownership public company Hubei Sanxia New Building Materials Co., Ltd. (stock code: 600293) to explore, from a privatization perspective, the impact of mixed ownership on financial quality.

Findings

The study found that Sanxia experienced tight cash flow and heavy debt burdens due to the privatization and that its controlling shareholders used non-operating income to support Sanxia, thus characterizing the dual role of “the grabbing hand” and “the helping hand.” Sanxia’s privatization process highlighted the volatility of performance, the exception of monetary funds and the existence of accounting fraud rather than the prosperous development of the capital combination.

Originality/value

These findings provided case support that privatization negatively affects the financial quality of the company. Previous studies have indicated that there should be greater focus more on the issue that state-owned shares rebound during the process of privatization and that, with respect to commercial mixed ownership reform of state-owned enterprises, such reform must avoid the passive transfer of corporate control, ensure the fairness of the related transactions, prevent the loss of state-owned assets and preclude the controlling shareholders from seizing interests of listed companies.

Details

Nankai Business Review International, vol. 8 no. 3
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 1 December 2020

Mukesh Garg, Mehdi Khedmati, Fanjie Meng and Prabanga Thoradeniya

The purpose of this paper is to examine whether the quality of management can mitigate the positive association between corporate tax avoidance and firm-specific stock…

Abstract

Purpose

The purpose of this paper is to examine whether the quality of management can mitigate the positive association between corporate tax avoidance and firm-specific stock price crash risk (SPCR).

Design/methodology/approach

The study is based on data from the Center for Research in Security Prices (CRSP), Compustat and ExecuComp and focuses on US-listed firms from 1980 to 2016. The authors employ ordinary least squares (OLS) regression as the baseline methodology and use five measures of tax avoidance and three measures of SPCR. Propensity score matching (PSM) and two-stage least squares methodologies are employed to address endogeneity concerns.

Findings

The authors find that more able managers weaken the positive relationship between tax avoidance and SPCR. The results suggest that the benefits of efficient tax management are more likely in firms with a more able management team as the likelihood of SPCR due to tax avoidance practices is reduced in such firms.

Practical implications

This study has important practical implications for investors who are concerned about firms that engage in tax planning activities that can reduce corporate taxes, but at the same time increase the SPCR. Considering the compelling arguments and the “dark” side of more able managers who may engage in opportunistic behaviour, the study provides useful evidence in support of more able managers.

Originality/value

This paper contributes to the SPCR literature by examining the effect of managerial ability on the likelihood of tax avoidance causing SPCR. Able managers are likely to lower the risk faced by investors and are less likely to extract rent and manipulate information. Therefore, the findings of this study have implications for investors by informing them of the negative value implications of tax avoidance and how they can be mitigated by hiring more able managers.

Details

International Journal of Managerial Finance, vol. 18 no. 1
Type: Research Article
ISSN: 1743-9132

Keywords

Article
Publication date: 4 December 2019

Haijie Huang, Changjiang Lyu and Xiaowen Zhu

The purpose of this paper is to study the effect of second generation involvement on corporate innovation in Chinese family firms.

Abstract

Purpose

The purpose of this paper is to study the effect of second generation involvement on corporate innovation in Chinese family firms.

Design/methodology/approach

Based on the manually collected sample of listed Chinese family firms from 2003 to 2014, the study empirically examines the impact of second generation involvement on corporate innovation. The authors apply a difference-in-differences research design and a Heckman two-stage least squares regression to relieve the endogeneity concerns.

Findings

The research finds a positive relationship between second generation involvement and corporate innovation. This effect is more pronounced among the firms appointing second generation family members with overseas training experience and firms with weak external monitoring. Further analysis shows that the curtailment of related party transactions and the improvement of accounting information quality are important channels.

Practical implications

The findings provide several practical implications for Chinese family firms to survive the succession process and maintain competitive advantages across generations.

Originality/value

First, this study is helpful to understand the strategies adopted by family firms to maintain their long-term competitiveness and pursue continuing growth across generations. Second, the findings are also consistent with the transfer cost hypothesis of Fan et al. (2012) and Bennedsen et al. (2015). Finally, the findings imply that second generation involvement has a substitutive effect for external monitoring mechanisms.

Details

Nankai Business Review International, vol. 10 no. 4
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 13 March 2020

Zhiqiang Xie, Lei Wang, Zhengyang Zhu, Zhi Fu and Xingdong Lv

The purpose of this paper is to introduce an interval finite element method (IFEM) to simulate the temperature field of mass concrete under multiple influence…

Abstract

Purpose

The purpose of this paper is to introduce an interval finite element method (IFEM) to simulate the temperature field of mass concrete under multiple influence uncertainties e.g. environmental temperature, material properties, pouring construction and pipe cooling.

Design/methodology/approach

Uncertainties of the significant factors such as the ambient temperature, the adiabatic temperature rise, the placing temperature and the pipe cooling are comprehensively studied and represented as the interval numbers. Then, an IFEM equation is derived and a method for obtaining interval results based on monotonicity is also presented. To verify the proposed method, a non-adiabatic temperature rise test was carried out and subsequently simulated with the method. An excellent agreement is achieved between the simulation results and the monitoring data.

Findings

An IFEM method is proposed and a non-adiabatic temperature rise test is simulated to verify the method. The interval results are discussed and compared with monitoring data. The proposed method is found to be feasible and effective.

Originality/value

Compared with the traditional finite element methods, the proposed method taking the uncertainty of various factors into account and it will be helpful for engineers to gain a better understanding of the real condition.

Details

Engineering Computations, vol. 37 no. 7
Type: Research Article
ISSN: 0264-4401

Keywords

Abstract

Subject area

International business

Study level/applicability

Undergraduate/graduate/executive education.

Case overview

China has become the world's largest producer of automobiles, surpassing the USA and Japan. The Chinese auto industry differs quite significantly from those countries though. While the industry exhibits a substantial degree of concentration in the USA and Japan in early 2011, it remained highly fragmented in China. The Chinese Central Government had announced a desire for consolidation, yet it remained unclear whether a significant shakeout would occur in the near term.

Like many Chinese automakers, Chang'an partnered with well-known global auto makers to develop, produce, and distribute its products. In the coming years, Chang'an hoped to develop more independence from its foreign partners, including the production and distribution of self-branded cars. However, the company grappled with how it could strive for independence while managing its existing joint ventures. Executives worried too about how to compete with foreign automakers who had achieved global economies of scale.

The case provides a rich description of the evolution of the Chinese auto industry, and it documents how the Chinese industry differs from other global markets. Readers can analyze the extent to which they believe scale economies provide foreign firms an advantage over smaller Chinese rivals, and they can evaluate the conventional wisdom regarding the industry's minimum efficient scale. The case also provides a detailed account of Chang'an's rise to prominence. The case concludes by offering an in-depth description of the firm's key rivals, and it presents the key questions being considered by Chang'an executives in 2011.

Expected learning outcomes

Enables students to examine how and why an industry's structure can differ substantially across geographic markets.

Enables students to examine whether the need to achieve economies of scale may cause substantial consolidation in the Chinese auto industry.

Provides an opportunity to evaluate the pros and cons of the joint venture strategies employed in China.

Provides an opportunity to examine how a relatively small firm can position itself against large multinationals in a high-growth emerging market.

Supplementary materials

Teaching notes.

Details

Emerald Emerging Markets Case Studies, vol. 1 no. 4
Type: Case Study
ISSN: 2045-0621

Keywords

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