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This study examines the impact of financial inclusion on the corporate sustainability of banks in both Organization of Islamic Cooperation (OIC) and non-OIC emerging economies, considering the COVID-19 pandemic.

The research utilizes data from 3,159 bank-years from 2007 to 2021 across 33 emerging markets.

Empirical findings indicate that firms operating in higher financial inclusion developing countries tend to exhibit higher levels of sustainable development. This positive relationship has become even more pronounced during the COVID-19 pandemic, suggesting the importance of financial inclusion in fostering corporate sustainability, especially in times of economic challenges. Interestingly, while the positive correlation between financial inclusion and sustainable development remains consistent across both OIC and non-OIC countries, firms in OIC countries do not show significant changes during the pandemic.

This observation suggests that the pandemic’s impact on corporate sustainability may vary between the two groups of countries. This study highlights the significance of financial inclusion in promoting corporate sustainability in developing economies. In times of recessions when accessing finance becomes expensive, policymakers in OIC countries should identify firms that adhere to Islamic principles, such as those sensitive to interest rates, and provide them with targeted support. This assistance can enable these companies to compete effectively and achieve their financial sustainability objectives.

There has been no attempt to investigate the effect of financial inclusion and the pandemic on the sustainable development of banks in developing countries.

The purpose of this study is to improve the thermal management of lithium-ion batteries. The phase change material (PCM) cooling does not require additional equipment to consume energy. To improve the heat dissipation capacity of batteries, fins are added in the PCM to enhance the heat transfer process.

Computational fluid dynamics method is used to study the influence of number of vertical fins and ring fins (i.e. 2, 4, 6 and 8 vertical fins, and 2, 3, 4 and 5 ring fins) and the combination of them on the cooling performance.

The battery maximum temperature can be decreased by the PCM with vertical or ring fins, and it can be further decreased by the combination of them. The PCM with eight vertical fins and five ring fins reduces the battery maximum temperature by 5.21 K. In addition, the temperature and liquid-phase distributions of the battery and PCM are affected by the design of the cooling system.

This work can provide guidelines for the development of new and efficient PCM cooling systems for lithium-ion batteries.

The combination of PCM and fins can be used to reduce the battery maximum temperature and temperature difference.

The purpose of this paper is to present investigations on the significant influence of the tube material and fin density on fluid elastic instability and vortex shedding in a parallel triangular finned tube array subjected to water cross flow.

The experiment was conducted on finned tube arrays with a fin height of 6 mm and fin density of 3 fins per inch (fpi) and 9 fpi. A dedicated setup has been developed to examine fluid elastic instability and vortex shedding. Nine parallel triangular tube arrays with a pitch to tube diameter ratio of 1.78 were considered. The plain tube arrays, coarse finned tube arrays and fine finned tube arrays each of steel, copper and aluminium materials were tested. Plain tube arrays were tested to compare the results of the finned tube arrays having an effective tube diameter same as that of the plain tube.

A significant effect of fin density and tube material with a variable mass damping parameter was observed on the instability threshold. In the parallel triangular finned tube array subjected to water cross flow, a delay in the instability threshold was observed with an increase in fin density. For steel and aluminium tube arrays, the natural frequency is 9.77 Hz and 10.38 Hz, which is close to each other, whereas natural frequency of the copper tubes is 7.40 Hz. The Connors’ stability constant K for steel and aluminium tube arrays is 4.78 and 4.87, respectively, whereas it is 5.76 for copper tube arrays, which increases considerably compared to aluminum and steel tube arrays. The existence of vortex shedding is confirmed by comparing experimental results with Owen’s hypothesis and the Strouhal number and Reynolds number relationship.

This paper’s results contribute to understand the effect of tube materials and fin density on fluid elastic instability threshold of finned tube arrays subjected to water cross flow.

When the temperature of an air conditioning unit’s fin surface goes below its dew point temperature, condensation forms on the unit’s surface. As a result, the cooling coil’s performance is compromised. By altering the cross-section and heat conductivity of the fins, the performance of such systems can be improved. This study aims to analyze the thermal performance of longitudinal fins made up of a variable thickness (assuming constant weight) and functionally graded material.

Different grading parameters are considered for an exponential variation of thermal conductivity. The humidity ratio and the corresponding fin temperatures are assumed to follow a cubic relationship. The Bvp4c solver in MATLAB^® is used to solve the differential heat transfer equation resulting from balancing heat transfer in a small segment.

Validation of the methodology is provided by previous research presented in this area. For different combinations of grading parameters, geometry parameters and relative humidity, the normalized temperature distribution along the fin length and fin efficiency contours are plotted, and the results are very promising.

When compared to the efficiency of an isotropic homogenous rectangular longitudinal fin with optimal geometry and grading parameters, a 17% increase in efficiency under fully wet conditions is measured. When it comes to fin design, these efficiency contour plots are extremely useful.

In recent times, mobile banking has become the best alternative for transactions associated with payments like bills, fees, and peer-to-peer payments. Therefore, the pace of adoption is increasing day after other. However, the numbers of customers are not equal to the expectations as there are several challenges and threats hindering in the way of excellence and growth of mobile banking. Therefore, this chapter has been written purposively to address all the elements that are associated with the use of mobile banking with special emphasis on Pakistan and other developing sides of Asia. In fact, concern towards Asian sides is mandatory as the continent has the massive charm to attract users towards the use of mobile banking, but there is a need for proper policy and concern from stakeholders in order to give a push to the technology, which is fruitful for society, environment, as well as economy. The study includes an in-depth discussion on factors that need attention to make the study implicative and thorough for conducting further research in the field of Fin-Tech and mobile banking.

The purpose of this study is to analyse the magnetic field effect on Fe₃O₄/H₂O Ferrofluid flowing in a sudden expansion tube, which has specific behaviour in terms of rheology, with convex dimple fins. Because the investigation of flow separation is a prominent application in performance, the effect of magnetic field and convex dimple on the thermo-hydraulic performance of sudden expansion tube are examined, in detail.

During the solution of the boundary conditions of the sudden expansion tube, finite volume method was used. Analyses have been conducted considering the single-phase solution, steady-state, incompressible fluid and no-slip condition of the wall under forced convection conditions. In the analyses, it has been assumed that the flow was developing thermally and has been fully developed hydrodynamically.

The present study focuses on exploring the influence of the magnetic field, nanofluid concentration and convex dimple fins on the thermo-hydraulic performance of sudden expansion tube. The results indicate that the strength of the magnetic field, nanofluid concentration and convex dimple fins have a positive effect on the convective heat transfer in the system.

The authors conducted numerical studies, determining through a literature search that no one had yet investigated enhancing heat transfer on a sudden expansion tube using combinations of magnetic fields, nanofluids and convex dimple fins. The results of the numerical analyses provide valuable information about the improvement of heat transfer and system performance in electronic device cooling and heat exchangers.

This study investigates the impact of three parameters such as: number of LED chips, pitch and LED power on the junction temperature of LEDs using a best heat sink configuration selected according to a lower temperature. This study provides valuable insights into how to design LED arrays with lower junction temperatures.

To determine the best configuration of a heat sink, a numerical study was conducted in Comsol Multiphysics on 10 different configurations. The configuration with the lowest junction temperature was selected for further analysis. The number of LED chips, pitch and LED power were then varied to determine the optimal configuration for this heat sink. A general equation for the average LED temperature as a function of these three factors was derived using Minitab software.

Among 10 configurations of the rectangular heat sink, we deduce that the best configuration corresponds to the first design having 1 mm of width, 0.5 mm of height and 45 mm of length. The average temperature for this design is 50.5 C. For the power of LED equal to 50 W–200 W, the average temperature of this LED drops when the number of LED chips reduces and the pitch size decreases. Indeed, the best array-LED corresponds to 64 LED chips and a pitch size of 0.5 mm. In addition, a generalization equation for average temperature is determined as a function of the number of LED chips, pitch and power of LED which are key factors for reducing the Junction temperature.

The study is original in its focus on three factors that have not been studied together in previous research. A numerical simulation method is used to investigate the impact of the three factors, which is more accurate and reliable than experimental methods. The study considers a wide range of values for the three factors, which allows for a more comprehensive understanding of their impact. It derives a general equation for the average temperature of the LED, which can be used to design LED arrays with desired junction temperatures.

The purpose of this study is to adapt the incompressible smoothed particle hydrodynamics (ISPH) method with artificial intelligence to manage the physical problem of double diffusion inside a porous L-shaped cavity including two fins.

The ISPH method solves the nondimensional governing equations of a physical model. The ISPH simulations are attained at different Frank–Kamenetskii number, Darcy number, coupled Soret/Dufour numbers, coupled Cattaneo–Christov heat/mass fluxes, thermal radiation parameter and nanoparticle parameter. An artificial neural network (ANN) is developed using a total of 243 data sets. The data set is optimized as 171 of the data sets were used for training the model, 36 for validation and 36 for the testing phase. The network model was trained using the Levenberg–Marquardt training algorithm.

The resulting simulations show how thermal radiation declines the temperature distribution and changes the contour of a heat capacity ratio. The temperature distribution is improved, and the velocity field is decreased by 36.77% when the coupled heat Cattaneo–Christov heat/mass fluxes are increased from 0 to 0.8. The temperature distribution is supported, and the concentration distribution is declined by an increase in Soret–Dufour numbers. A rise in Soret–Dufour numbers corresponds to a decreasing velocity field. The Frank–Kamenetskii number is useful for enhancing the velocity field and temperature distribution. A reduction in Darcy number causes a high porous struggle, which reduces nanofluid velocity and improves temperature and concentration distribution. An increase in nanoparticle concentration causes a high fluid suspension viscosity, which reduces the suspension’s velocity. With the help of the ANN, the obtained model accurately predicts the values of the Nusselt and Sherwood numbers.

A novel integration between the ISPH method and the ANN is adapted to handle the heat and mass transfer within a new L-shaped geometry with fins in the presence of several physical effects.

This paper aims to explore the impact of corporate financialization (CF) on green innovation (GI) and further disclose the moderating role of CEO’s individual characteristics in such relationship from the perspective of corporate governance.

This paper uses empirical research methods to study the impact of CF on GI based on the evidence from China capital market.

The findings indicate that: CF has a significant inhibiting effect on GI; female CEOs weaken the inhibiting effect of CF on GI compared to male CEOs; and CEO’s financial background positively moderates the inhibiting effect of CF on GI.

This paper, first, supplements the research literature on the economic consequences of CF and influencing factors of GI in non-financial firms. Then, it opens up the internal impact mechanism of CF on GI, which is moderated by the individual characteristics of corporate CEOs. Finally, it provides important reference for how to suppress CF of non-financial firms, cultivate CEOs that meet the needs of corporate development and promote GI development of enterprises through empirical evidence from China.

The author examines the impact these efficient factors have on factor model comparison tests in US returns using the Bayesian model scan approach of Chib et al. (2020), and Chib et al.(2022).

Ehsani and Linnainmaa (2022) show that time-series efficient investment factors in US stock returns span and earn 40% higher Sharpe ratios than the original factors.

The author shows that the optimal asset pricing model is an eight-factor model which contains efficient versions of the market factor, value factor (HML) and long-horizon behavioral factor (FIN). The findings show that efficient factors enhance the performance of US factor model performance. The top performing asset pricing model does not change in recent data.

The author is the only one to examine if the efficient factors developed by Ehsani and Linnainmaa (2022) have an impact on model comparison tests in US stock returns.