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Book part
Publication date: 15 June 2018

Abstract

Details

Advances in Mergers and Acquisitions
Type: Book
ISBN: 978-1-78756-136-6

Book part
Publication date: 15 June 2018

Jiachen Yang and Michel W. Lander

In this study we investigated the effects of news reports on acquirer short-term performance. Our focus was on the extent to which key deal characteristics – the type of deal…

Abstract

In this study we investigated the effects of news reports on acquirer short-term performance. Our focus was on the extent to which key deal characteristics – the type of deal, during a merger wave or not or the presence of a significant premium – are made explicit. Moreover, we looked for the effect of the assessment of the deal characteristics by different key informants: board members, top management team members, and analysts. Configurations derived using the set-theoretic approach suggest that media-transmitted signals form complex interrelations among content and informant. We found that investors react positively to deals that are surrounded by unequivocal signals of synergy potential: they contain explicitly stated deal characteristics as well as deal endorsements from the boards and/or top management of acquirer and target companies. Analysts’ assessments of the deals seem to bear little influence on investor reaction. Meanwhile, investors react negatively to deals with low or absent media coverage as well as deals surrounded by signals of ambiguous synergy potential.

Details

Advances in Mergers and Acquisitions
Type: Book
ISBN: 978-1-78756-136-6

Keywords

Article
Publication date: 1 March 2023

Zhirong Zhong, Heng Jiang, Jiachen Guo and Hongfu Zuo

The aero-engine array electrostatic monitoring technology (AEMT) can provide more and more accurate information about the direct product of the fault, and it is a novel condition…

Abstract

Purpose

The aero-engine array electrostatic monitoring technology (AEMT) can provide more and more accurate information about the direct product of the fault, and it is a novel condition monitoring technology that is expected to solve the problem of high false alarm rate of traditional electrostatic monitoring technology. However, aliasing of the array electrostatic signals often occurs, which will greatly affect the accuracy of the information identified by using the electrostatic sensor array. The purpose of this paper is to propose special solutions to the above problems.

Design/methodology/approach

In this paper, a method for de-aliasing of array electrostatic signals based on compressive sensing principle is proposed by taking advantage of the sparsity of the distribution of multiple pulse signals that originally constitute aliased signals in the time domain.

Findings

The proposed method is verified by finite element simulation experiments. The simulation experiments show that the proposed method can recover the original pulse signal with an accuracy of 96.0%; when the number of pulse signals does not exceed 5, the proposed method can recover the pulse peak with an average absolute error of less than 5.5%; and the recovered aliased signal time-domain waveform is very similar to the original aliased signal time-domain waveform, indicating that the proposed method is accurate.

Originality/value

The proposed method is one of the key technologies of AEMT.

Details

Aircraft Engineering and Aerospace Technology, vol. 95 no. 7
Type: Research Article
ISSN: 1748-8842

Keywords

Open Access
Article
Publication date: 21 June 2021

Bufei Xing, Haonan Yin, Zhijun Yan and Jiachen Wang

The purpose of this paper is to propose a new approach to retrieve similar questions in online health communities to improve the efficiency of health information retrieval and…

Abstract

Purpose

The purpose of this paper is to propose a new approach to retrieve similar questions in online health communities to improve the efficiency of health information retrieval and sharing.

Design/methodology/approach

This paper proposes a hybrid approach to combining domain knowledge similarity and topic similarity to retrieve similar questions in online health communities. The domain knowledge similarity can evaluate the domain distance between different questions. And the topic similarity measures questions’ relationship base on the extracted latent topics.

Findings

The experiment results show that the proposed method outperforms the baseline methods.

Originality/value

This method conquers the problem of word mismatch and considers the named entities included in questions, which most of existing studies did not.

Details

International Journal of Crowd Science, vol. 5 no. 2
Type: Research Article
ISSN: 2398-7294

Keywords

Article
Publication date: 11 February 2021

Emilia Vann Yaroson, Liz Breen, Jiachen Hou and Julie Sowter

The purpose of this study was to advance the knowledge of pharmaceutical supply chain (PSC) resilience using complex adaptive system theory (CAS).

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Abstract

Purpose

The purpose of this study was to advance the knowledge of pharmaceutical supply chain (PSC) resilience using complex adaptive system theory (CAS).

Design/methodology/approach

An exploratory research design, which adopted a qualitative approach was used to achieve the study’s research objective. Qualitative data were gathered through 23 semi-structured interviews with key supply chain actors across the PSC in the UK.

Findings

The findings demonstrate that CAS, as a theory, provides a systemic approach to understanding PSC resilience by taking into consideration the various elements (environment, PSC characteristics, vulnerabilities and resilience strategies) that make up the entire system. It also provides explanations for key findings, such as the impact of power, conflict and complexity in the PSC, which are influenced by the interactions between supply chain actors and as such increase its susceptibility to the negative impact of disruption. Furthermore, the antecedents for building resilience strategies were the outcome of the decision-making process referred to as co-evolution from a CAS perspective.

Originality/value

Based on the data collected, the study was able to reflect on the relationships, interactions and interfaces between actors in the PSC using the CAS theory, which supports the proposition that resilience strategies can be adopted by supply chain actors to enhance this service supply chain. This is a novel empirical study of resilience across multiple levels of the PSC and as such adds valuable new knowledge about the phenomenon and the use of CAS theory as a vehicle for exploration and knowledge construction in other supply chains.

Details

Supply Chain Management: An International Journal, vol. 26 no. 3
Type: Research Article
ISSN: 1359-8546

Keywords

Open Access
Article
Publication date: 5 March 2021

Xuan Ji, Jiachen Wang and Zhijun Yan

Stock price prediction is a hot topic and traditional prediction methods are usually based on statistical and econometric models. However, these models are difficult to deal with…

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Abstract

Purpose

Stock price prediction is a hot topic and traditional prediction methods are usually based on statistical and econometric models. However, these models are difficult to deal with nonstationary time series data. With the rapid development of the internet and the increasing popularity of social media, online news and comments often reflect investors’ emotions and attitudes toward stocks, which contains a lot of important information for predicting stock price. This paper aims to develop a stock price prediction method by taking full advantage of social media data.

Design/methodology/approach

This study proposes a new prediction method based on deep learning technology, which integrates traditional stock financial index variables and social media text features as inputs of the prediction model. This study uses Doc2Vec to build long text feature vectors from social media and then reduce the dimensions of the text feature vectors by stacked auto-encoder to balance the dimensions between text feature variables and stock financial index variables. Meanwhile, based on wavelet transform, the time series data of stock price is decomposed to eliminate the random noise caused by stock market fluctuation. Finally, this study uses long short-term memory model to predict the stock price.

Findings

The experiment results show that the method performs better than all three benchmark models in all kinds of evaluation indicators and can effectively predict stock price.

Originality/value

In this paper, this study proposes a new stock price prediction model that incorporates traditional financial features and social media text features which are derived from social media based on deep learning technology.

Details

International Journal of Crowd Science, vol. 5 no. 1
Type: Research Article
ISSN: 2398-7294

Keywords

Content available
Article
Publication date: 18 April 2023

Emilia Vann Yaroson, Liz Breen, Jiachen Hou and Julie Sowter

Medicine shortages have a detrimental impact on stakeholders in the pharmaceutical supply chain (PSC). Existing studies suggest that building resilience strategies can mitigate…

Abstract

Purpose

Medicine shortages have a detrimental impact on stakeholders in the pharmaceutical supply chain (PSC). Existing studies suggest that building resilience strategies can mitigate the effects of these shortages. As such, this research aims to examine whether resilience strategies can reduce the impact of medicine shortages in the United Kingdom's (UK) PSC.

Design/methodology/approach

A sequential mixed-methods approach that involved qualitative and quantitative research enquiry was employed in this study. The data were collected using semi-structured interviews with 23 key UK PSC actors at the qualitative stage. During the quantitative phase, 106 respondents completed the survey questionnaires. The data were analysed using partial least square-structural equation modelling (PLS-SEM).

Findings

The results revealed that reactive and proactive elements of resilience strategies helped tackle medicine shortages. Reactive strategies increased relational issues such as behavioural uncertainty, whilst proactive strategies mitigated them.

Practical implications

The findings suggest that PSC managers and decision-makers can benefit from adopting structural flexibility and proactive strategies, which are cost-effective measures to tackle medicine shortages. Also engaging in strategic alliances as a proactive strategy mitigates relational issues that may arise in a complex supply chain (SC).

Originality/value

This study is the first to provide empirical evidence of the impact of resilience strategies in mitigating medicine shortages in the UK's PSC.

Article
Publication date: 26 August 2014

Qiuju Ma, Qi Zhang and Jiachen Chen

The purpose of this paper is to study propagation characteristics of methane explosion in the pipe network and analyze the propagation laws of methane explosion wave along the…

Abstract

Purpose

The purpose of this paper is to study propagation characteristics of methane explosion in the pipe network and analyze the propagation laws of methane explosion wave along the elbow pipe and pipe network.

Design/methodology/approach

Numerical simulation using software package AutoReaGas, a finite-volume computational code for fluid dynamics suitable for gas explosion and blast problems, is adopted to simulate the propagation characteristics of methane explosion and the property of flow field in complex structures.

Findings

Due to reflection effects of corners of elbow pipe, the peak overpressures at corner locations in the elbow pipe go about two times higher than that in the straight pipe. In the parallel pipe network, the peak overpressure increases significantly at the intersection point, while the flame speed decreases at the junction. All these indicate that pipe corners and bifurcations could substantially enhance explosion partly which can bring more severe damage at the corner area. The explosion violence is strengthened after flames and blast waves are superimposed, such that equipments and people in these areas need special strengthening protection.

Originality/value

The numerical results presented in this paper may provide some useful guidance for the design of the underground laneway structures and to take protective measures at corners and bifurcations in coal mines.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 24 no. 7
Type: Research Article
ISSN: 0961-5539

Keywords

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