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The research focused on analysing a unique type of heat exchanger that uses swirling air flow over heated tubes. This heat exchanger includes a round baffle plate with holes and opposite-oriented trapezoidal air deflectors attached at different angles. The deflectors are spaced at various distances, and the tubes are arranged in a circular pattern while maintaining a constant heat flux.

This setup is housed inside a circular duct with airflow in the longitudinal direction. The study examined the impact of different inclination angles and pitch ratios on the performance of the heat exchanger within a specific range of Reynolds numbers.

The findings revealed that the angle of inclination significantly affected the flow velocity, with higher angles resulting in increased velocity. The heat transfer performance was best at lower inclination angles and pitch ratios. Flow resistance decreased with increasing angle of inclination and pitch ratio.

The average thermal enhancement factor decreased with higher inclination angles, with the maximum value observed as 0.94 at a pitch ratio of 1 at an angle of 30°.

The purpose of this experimental research was to examine a novel axial heat exchanger featuring swirling air movement over heated tubes. This apparatus is designed with perforated circular baffle plates complemented by rectangular air deflectors operating at different inclination angles. The tubes were arranged in a consistent layout parallel to the longitudinal airflow. The deflector’s heightened air-side turbulence initiates the frenzied motion, escalating the surface heat transfer rate.

The tubes maintained a constant heat flux condition over the surface. In each baffle plate, eight deflectors with identical inclination angles were devised in a reverse position, forming a rotation of air inside a circular duct that held tubes (carrying hot water) which elevated air-side turbulence, thereby enhancing the rate of heat transference on the surface. The baffle plates were equally situated from each other at changing pitch ratios. The Reynolds quantity was preserved in the scope of 16,000–30,000. The performance of the heat exchanger considering pitch ratios and inclination angles was examined.

The research indicates that when examined under similar conditions, an exchanger with a deflector baffle plate shows a strong dependence on the pitch ratio and inclination angle with a mean rise of 0.19 times in thermal enhancement factor at an inclination angle of 30° and a pitch ratio of 1.2 contrasted with an exchanger with segmental baffle plates.

The result shows the dependence of pitch ratio, Reynolds number and inclination on the heat transfer and friction factor rate.

The author aims to find value relevance of board characteristics and ownership structures in the banking industry of Bangladesh, an emerging economy with absence of good governance.

Pooled Ordinary Least Square (OLS), fixed effect and generalized method of moments (GMM) methods have been utilized to analyse 5-year data of 28 listed banks.

All governance indicators except institutional ownership have insignificant impact on return on asset (ROA) and return on equity (ROE). Institutional ownership has significant negative impact indicating that institutional investors can worsen bank performance in unregulated environments. Additional analysis shows significant positive impact of higher institutional ownership ratios.

Small sample from a single industry of one country may limit the applicability of the findings to all developing economies.

During the fast growth periods of developing economies, institutional investors with small stakes may become value destructive due to speculative behaviour.

This is one of the pioneering studies to suggest that governance mechanisms have insignificant, in some instances adverse, impact on firm value in emerging economies.

This study aims to measure impact of several firm-specific factors on alternative measures of leverage. The authors also aim to study impact of the subprime crisis on such associations.

The authors utilized an unbalanced panel data of 973 firm-year observations on 47 UK listed non-financial firms for the years 1990–2019. Book-based and market-based long-term and total leverage measures have been used as explained variables. The explanatory variables are profitability, size, two measures of growth, asset tangibility, non-debt tax shields, firm age and product uniqueness. Fixed effect and random effect models with clustered robust standard errors have been utilized for data analysis. To find the effect of subprime crisis, original dataset was split to create pre-crisis and post-crisis datasets.

The authors find that profitability significantly reduces leverage while firms having more tangible assets use significantly more debt in capital structure. Firm size and non-debt tax shield have statistically insignificant positive impact on leverage. Having more unique products reduces use of external debt, albeit insignificantly. Growth, when measured as market-to-book ratio, has inconsistent impact, whereas capital expenditure insignificantly reduces leverage. Age is found to be an insignificant predictor of leverage. After the subprime crisis, firms started relying more on internal fund instead of external debt, more particularly short-term debt. Having more collateral is gradually becoming more important for availing external debt.

Data limitations restrict generalization of the findings.

This is one of the pioneering attempts to show how subprime crisis altered the theoretical domain of capital structure research in the UK.

Deepor Beel is one of the Ramsar Site and a wetland of great biodiversity, situated in the south-western part of Guwahati, Assam. With urban development at its forefront city of Guwahati, Deepor Beel is under constant threat. The study aims to calculate the lake water volume from the water surface area and the underwater terrain data using a triangulated irregular network (TIN) volume model.

The lake water surface boundaries for each year were combined with field-observed water level data to generate a description of the underwater terrain. Time series LANDSAT images of 2001, 2011 and 2019 were used to extract the modified normalized difference water index (MNDWI) in GIS domain.

The MNDWI was 0.462 in 2001 which reduced to 0.240 in 2019. This shows that the lake water storage capacity shrank in the last 2 decades. This leads to a major problem, i.e. the storage capacity of the lake has been declining gradually from 20.95 million m³ in 2001 to 16.73 million m³ in 2011 and further declined to 15.35 million m³ in 2019. The fast decline in lake water volume is a serious concern in the age of rapid urbanization of big cities like Guwahati.

None of the studies have been done previously to analyze the decline in the volume of Deepor Beel lake. Therefore, this study will provide useful insights in the water resource management and the conservation of Deepor Beel lake.