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Recent accounting literature and Agency theory have predicted that corporate governance assists the convergence of interests between shareholders and managers, and thus enhances the quality of financial reporting. This chapter discusses some of the empirical studies on corporate governance in Saudi Arabia; it also elaborates on the corporate governance regulations introduced by Capital Market Authority in Saudi Arabia. Studies cover various subjects that interact with corporate governance, such as earnings management, corporate social responsibility disclosure, ownership structure, environmental disclosure and voluntary disclosure in annual reports of Saudi's listed firms. It also discusses the effectiveness and determinants of corporate governance structures, such as the board of directors, audit committee and other sub-committees. Results were generally in line with previous research from the developed countries, but sometimes there are contradictions, and these results have been discussed and explained, and implications to regulators and investors are drawn where possible.

Tourism demand forecasting is vital for the airline industry and tourism sector. Combination forecasting has the advantage of fusing several forecasts to reduce the risk of inappropriate model selection for analyzing decisions. This paper investigated the effects of a time-varying weighting strategy on the performance of linear and nonlinear forecast combinations in the context of tourism.

This study used grey prediction models, which did not require that the available data satisfy statistical assumptions, to generate forecasts. A quality-control technique was applied to determine when to change the combination weights to generate combined forecasts by using linear and nonlinear methods.

The empirical results showed that except for when the Choquet fuzzy integral was used, forecast combination with time-varying weights did not significantly outperform that with fixed weights. The Choquet integral with time-varying weights significantly outperformed that with fixed weights for all model combinations, and had a superior forecasting accuracy to those of other combination methods.

The tourism sector can benefit from the use of the Choquet integral with time-varying weights, by using it to formulate suitable strategies for tourist destinations.

Combining forecasts with time-varying weights may improve the accuracy of the predictions. This study investigated incorporating a time-varying weighting strategy into combination forecasting by using CUSUM. The results verified the effectiveness of the time-varying Choquet integral for tourism forecast combination.

Complex cost structures and multiple conflicting objectives make selecting an appropriate cloud service difficult. The purpose of this study is to propose a novel group consensus decision making method for cloud services selection with knowledge deficit by trust functions.

This article proposes a knowledge deficit-based multi-criteria group decision-making (MCGDM) method for cloud-service selection based on trust functions. Firstly, the concept of trust functions and a ranking method is developed to express the decision-making opinions. Secondly, a novel 3D normalized trust degree (NTD) is defined to measure the consensus levels. Thirdly, a knowledge deficit-based interactive consensus model is proposed for the inconsistent experts to modify their decision opinions. Finally, a real case study has been carried out to illustrate the framework and compare it with other methods.

The proposed method is practical and effective which is verified by the real case study. Knowledge deficit is an important concept in cloud service selection which is verified by the comparison of the proposed recommended mechanism based on KDD with the conventional recommended mechanism based on average value. A 3D NTD which considers three values (trust, not trust and knowledge deficit) is defined to measure the consensus levels. A knowledge deficit-based interactive consensus model is proposed to help decision-makers reach group consensus. The proposed group consensus model enables the inconsistent decision-makers to accept the revised opinions of those with less knowledge deficit, rather than accepting the recommended opinions averagely.

The proposed a knowledge deficit-based MCGDM cloud service selection method considers group consensus in cloud service selection. The concept of knowledge deficit is considered in modeling the group consensus measuring and reaching method.

This study aims to discuss the influences of surface severe plastic deformation (S²PD) on the electrochemical corrosion, pitting corrosion, intergranular corrosion, stress corrosion cracking of aluminum (Al) alloys and attempt to correlate the microstructural/compositional changes with the performances.

This study provides a novel gradient design of structure/composition caused by S²PD for the purpose of enhancing Al alloys’ corrosion resistance.

S²PD has a significant effect on corrosion behavior of Al alloys through tuning the grain size, residual stress, composition, grain boundary phase and second phase particle distribution.

Although Al alloys are known to form a protective Al₂O₃ film, corrosion is a major challenge for the longevity of Al structures across numerous industries, especially for the infrastructures made of high-strength Al alloys. Traditional strategies of improving corrosion resistance of Al alloys heavily relied on alloying and coatings. In this review, gradient design of structure/composition caused by S²PD provides a novel strategy for corrosion protection of Al alloys, especially in the enhancement of localized corrosion resistance.

Presents a review on implementing finite element methods on supercomputers, workstations and PCs and gives main trends in hardware and software developments. An appendix included at the end of the paper presents a bibliography on the subjects retrospectively to 1985 and approximately 1,100 references are listed.

An infrastructure based on multiple heterogeneous access networks is one of the leading enablers for the emerging paradigm of pervasive computing. The optimal management of diverse networking resources is a challenging problem. This paper aims to present a context‐aware policy mechanism with related end‐to‐end (E2E) evaluation algorithm for adaptive connectivity management in multi‐access wireless networks.

A policy is used to express the criteria for adaptive selection of the best local and remote network interfaces. The best connection can then be used for the establishment of a channel as well as for the maintenance of on‐going data transmission. Rich context information is considered in the policy representation with respect to user profile and preference, application characteristics, device capability, and network quality of service conditions. The decision of the best access networks to be used is made on the basis of an E2E evaluation process. The decision can be made in both master–slave and peer‐to‐peer modes, according to the decision matrixes generated in both ends. The paper focuses on the policy representation and connection evaluation algorithm. A case study is presented to show the usability of the proposed policy mechanism and decision‐making algorithm in the adaptiv management of heterogeneous networking resources.

The proposed policy mechanism is for the adaptive decision of connection selection in channel establishment and vertical handoff between heterogeneous access networks. A policy is represented as a four‐tuple, including the direction and the class of traffic, requirement expression, and concrete evaluation items. Three steps are involved in the evaluation process, namely policy traverse, decision matrix calculation, and decision‐making.

The policy mechanism can be easily extended to include adaptive selection of multiple user devices in addition to multiple connections.

The purpose of this paper is to generate quantitative managerial insights for the improvement of the energy-saving potential and the coordinated development between economic growth and environmental protection.

A novel data envelopment analysis (DEA) model, based on the classical DEA theory, is developed from the perspective of emission reduction.

The empirical results indicate that China’s overall environmental efficiency is low and that there is huge improvement space for energy saving. Under the concerns of emission reduction, the energy-saving potential of the central region exceeds that of both the eastern and western regions. With regard to water, electricity and gas consumption, the electricity-saving potential exceeds the potential for both water saving and gas saving.

Previous studies rarely focused on the energy-saving potential, while considering environmental pollution. This paper applies a novel DEA method to evaluate the energy-saving potential of 30 Chinese provinces for 2015 with a focus on emission reduction concerns. Furthermore, both regional differences and energy type differences of the saving potential were analyzed.

The purpose of this paper is to propose a methodological framework that combines several data envelopment analysis (DEA) models to deal with the problem of evaluating and ranking advanced manufacturing technologies (AMTs) without introducing any subjectivity in the analysis.

The methodology follows a two-phase procedure. First, the relative efficiency of every technology is calculated by implementing different DEA cross-efficiency models generating the same number of high-order indicators as efficiency vectors. Second, high-order indicators are used as outputs in a SBM-DEA super-efficiency model to obtain a comprehensive DEA-like composite indicator.

The framework is implemented to evaluate a sample of flexible manufacturing systems. Comparing it to other methods, results show that the methodology provides reliable information for AMTs selection and effective support to management decision-making.

This paper contributes to the body of knowledge about the utilization of DEA to select AMTs. The framework has several advantages: a discriminating power higher than the basic DEA models; no subjective judgment relative to weights necessary to aggregate single indicators and choice of aggregation function; no need to perform any transformation normalizing original data; independence from the unit of measurement of the DEA-like composite indicator; and great flexibility and adaptability allowing the introduction of further variables in the analysis.

The purpose of this paper is to present a distance accuracy-based industrial robot kinematic calibration model. Nowadays, the repeatability of the industrial robot is high, while the absolute positioning accuracy and distance accuracy are low. Many factors affect the absolute positioning accuracy and distance accuracy, and the calibration method of the industrial robot is an important factor. When the traditional calibration methods are applied on the industrial robot, the accumulative error will be involved according to the transformation between the measurement coordinate and the robot base coordinate.

In this manuscript, a distance accuracy-based industrial robot kinematic calibration model is proposed. First, a simplified kinematic model of the robot by using the modified Denavit–Hartenberg (MDH) method is introduced, then the proposed distance error-based calibration model is presented; the experiment is set up in the next section.

The experimental results show that the proposed calibration model based on MDH and distance error can improve the distance accuracy and absolute position accuracy dramatically.

The proposed calibration model based on MDH and distance error can improve the distance accuracy and absolute position accuracy dramatically.