Search results

1 – 10 of 16
Article
Publication date: 16 August 2013

Jianhua Ye and WenFang Li

This paper makes attempt to test the firm‐level long‐term asset growth (LAG) effects in returns by examining the cross‐sectional relation between firm‐level LAG and subsequent…

Abstract

Purpose

This paper makes attempt to test the firm‐level long‐term asset growth (LAG) effects in returns by examining the cross‐sectional relation between firm‐level LAG and subsequent abnormal stock returns. The purpose of this paper is to investigate whether limits‐to‐arbitrage can explain this asset growth anomaly in Chinese stock market.

Design/methodology/approach

Empirical research was carried out.

Findings

The empirical results show that asset growth anomaly in A‐share stock market is significant and robust. The conclusion provides more evidence for the existence of asset growth anomaly. Additionally, arbitrage risk indicated by idiosyncratic risk cannot explain the anomaly, arbitrage risk indicated by accounting information transparency can partly explain the anomaly, and arbitrage cost proxied by Amihud's measure of illiquidity indicator can completely explain the asset growth anomaly in A‐share stock market.

Research limitations/implications

The results of this paper imply that strengthening the disclosure of firm information and improving the liquidity of the market are important to improve the efficiency of the A‐share stock market.

Originality/value

The paper selects the sample of non‐financial listed companies in A‐share stock market to research the asset growth anomaly and investigates whether limits‐to‐arbitrage can explain this anomaly. This paper proves the existence of asset growth anomaly in A‐share stock market and is a good reference for further researches.

Details

Nankai Business Review International, vol. 4 no. 3
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 2 July 2024

Wenfang Lin, Yifeng Wang, Georges Samara and Jintao Lu

The sustainable development of the platform economy has been hindered by the absence and alienation of platform corporate social responsibility. Previous studies have mainly…

Abstract

Purpose

The sustainable development of the platform economy has been hindered by the absence and alienation of platform corporate social responsibility. Previous studies have mainly focused on the contents and governance models for platform corporate social responsibility. This study seeks to explore which strategy participants choose in the governance of platform corporate social responsibility and their influencing factors.

Design/methodology/approach

Using a platform ecosystem approach, a quadrilateral evolutionary game model was developed, and the stabilities of subjects’ behavioral strategies and their combinations in various scenarios were analyzed. Additionally, the effects of key parameters on the system’s evolutionary path were simulated.

Findings

The ideal steady state system is achieved when platform enterprises, complementors and consumers adopt positive strategies while the government adopts lax regulation. Moreover, the evolutionary strategies of the subjects are influenced by several factors, including the participation costs of governance, the rewards and punishments imposed by platform enterprises, as well as the reputational losses of platform enterprises and complementors due to media coverage.

Practical implications

This study offers insights into improving the governance effectiveness of platform corporate social responsibility for managers and practitioners.

Originality/value

This study contributes to existing literature by considering the rational orientation of platform ecosystem members and revealing the interaction mechanisms among members. Furthermore, this study combines collective action theory and reputation theory to clarify the influencing factors on members’ behaviors.

Details

Management Decision, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 6 February 2017

Debao Dai, Wenfang Zheng and Tijun Fan

The purpose of this paper is to compare and evaluate the personal cloud storage products (PCSPs) in China and find the gap among them for promoting their service level. There are…

Abstract

Purpose

The purpose of this paper is to compare and evaluate the personal cloud storage products (PCSPs) in China and find the gap among them for promoting their service level. There are five representative products including Baidu cloud, Tencent cloud, Qihoo 360-cloud, Kingsoft cloud and Huawei DBank.

Design/methodology/approach

This study, first, extracts corresponding indicators based on the extant literature to evaluate PCSPs, and then collects the data about each index by investigation and the performance test, finally proposes a model to rank PCSPs, which applies analytic hierarchy process (AHP) to determine the indexed weights and the technique for order preference by similarity to ideal solution-grey relational analysis calculate evaluation score of each PCSP.

Findings

Among them, Qihoo 360-cloud gets the highest evaluation score contributed by large space, file editing and fast transmission speed. The rest are Kingsoft cloud, Baidu cloud, Huawei DBank and Tencent cloud in order. These storage products are all want of the addition or improvement of the online editing service similar as Google Docs.

Research limitations/implications

AHP method is subjective, some of the data is incomplete, and some accidental error and systematic error exist in the actual testing process.

Practical implications

The findings can assist users in selecting more suitable products and offer cloud storage providers (CSPs) a general direction of improving their product performance.

Social implications

Contributing to improve the overall level of the cloud storage services in China.

Originality/value

The study perfects the evaluation index system of the PCSP and fills the research gap in studying PCSPs in China, and expands the application field of the multiple criteria decision-making problems. This evaluation process and results have implied that CSPs in China should provide good services of large capacity, cooperation and security with the good internet environment of economical, high and stable speed by institutions and internet access providers.

Details

Industrial Management & Data Systems, vol. 117 no. 1
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 4 May 2020

Guangzhou Zhu and Wenfang Song

The paper presents a method for the patterns simulation in the 3D virtual stitching and try-on system.

283

Abstract

Purpose

The paper presents a method for the patterns simulation in the 3D virtual stitching and try-on system.

Design/methodology/approach

First, the patterns are designed using the garment CAD software and stored in the DXF format. Second, the regular grid method is employed to mesh the patterns to be quadrangular, and the patterns triangular meshing can be obtained by connecting the diagonal of the quadrangular. Then a mass-spring model is established, and the forces analysis and the explicit Euler integration method are employed to accomplish the patterns simulation. The paper demonstrates the robustness of our simulation through two sets of experiments, including a lady’s dress patterns meshing experiments and the experiments of the virtual stitching of the lady’s dress.

Findings

The patterns meshing algorithm can meet the requirements of the internal meshing and the boundary meshing, and it is very important to select an appropriate meshing density. The implementation of the virtual stitching of the lady’s dress proves the effectiveness and usability of the simulation methods.

Research limitations/implications

The lady’s dress used in the experiments is a relatively simple fashion style, with only the front and back pattern. It is very worthy of further research on the effectiveness of the complex structure of clothing.

Practical implications

The paper includes practical implications of the methods of the patterns meshing and the virtual stitching of the simple fashion styles.

Originality/value

The simulation system is developed using VC++ 2015 with the help of the OpenGL functions library, which is proved as a simple, lower computation and robustness for the patterns simulation of the simple garments.

Details

International Journal of Clothing Science and Technology, vol. 32 no. 6
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 4 October 2011

Wenfang Song and Weidong Yu

The purpose of this paper is to describe a new transient approach for testing water vapor diffusivity of fabrics and fibrous assemblies.

Abstract

Purpose

The purpose of this paper is to describe a new transient approach for testing water vapor diffusivity of fabrics and fibrous assemblies.

Design/methodology/approach

An apparatus was designed and built in order to investigate the transient water vapor diffusivity of fabrics and fibrous assemblies, and the apparatus is validated by applying a theoretical model and comparing the result obtained by the desiccant cup method.

Findings

The transient water vapor diffusion test method permits rapid testing of small quantities of fabrics in a short amount of time. The method has an excellent correlation and agreement with the desiccant cup method. The variation of the new method is much smaller than the desiccant method. It also provided a way to study water vapor transfer through fibrous assemblies.

Originality/value

The paper introduces a new approach for testing water vapor diffusivity of fabrics and fibrous assemblies.

Details

International Journal of Clothing Science and Technology, vol. 23 no. 5
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 1 June 2012

Wenfang Song, Qian Liu and Weidong Yu

The purpose of this paper is to describe a new apparatus for testing acoustic insulating, air permeating and water vapor transfer properties of fibrous assemblies with density…

224

Abstract

Purpose

The purpose of this paper is to describe a new apparatus for testing acoustic insulating, air permeating and water vapor transfer properties of fibrous assemblies with density variation.

Design/methodology/approach

An apparatus is designed and built in order to investigate the acoustic insulating, air permeating and water vapor transfer properties of fiber assemblies with density variation. The apparatus mainly consists of three chambers, just like the structure of a syringe. The three properties can be measured by placing different sensors at the corresponding chambers. The material density variation can be realized by compression.

Findings

The new apparatus can realize the measurement of the three properties with density variation, which provides a new perspective to study the physical property of fibrous assemblies.

Originality/value

The paper introduces a new apparatus for testing acoustic insulating, air permeating and water vapor transfer properties of fibrous assemblies with density variation.

Article
Publication date: 13 March 2019

Lei Shen, Qing Liu, Zhebin Xue and Li Zhang

With the application and development of intelligent clothing and wearable technology, the term “micro-interaction” has gradually entered people’s lives. The paper aims to discuss…

Abstract

Purpose

With the application and development of intelligent clothing and wearable technology, the term “micro-interaction” has gradually entered people’s lives. The paper aims to discuss this issue.

Design/methodology/approach

The paper takes the concept of “micro-interaction” as the design principle, starting from the consumer demand, combing the realization mode of the intelligent safety clothing in recent years, and finds out the existing problems in the design of the intelligent safety clothing.

Findings

Under the concept of micro-interaction, a new theoretical model has been proposed to study intelligent safety clothing. Finally, the paper also emphasizes the importance of the industrialization of the proposed model.

Originality/value

The paper proposes a new research and development mode for intelligent clothing in safety protection area which is a pioneering study and can be valuable for safety clothing manufacturers to produce more functional and attractive products.

Details

International Journal of Clothing Science and Technology, vol. 31 no. 3
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 29 March 2022

Wenfang Wu and Xuan Luo

This study aims to examine the adequate application of rights and protections granted to employees under labor laws and regulations to foreign employees working in China.

Abstract

Purpose

This study aims to examine the adequate application of rights and protections granted to employees under labor laws and regulations to foreign employees working in China.

Design/methodology/approach

The authors analyzed applicable laws, regulations and related literature on the employment of foreigners in China and employed quantitative and qualitative methods to scrutinize the features of labor disputes involving foreign employees, to assess claims of inconsistencies. A group of judges and labor arbitrators were also interviewed.

Findings

The inconsistencies between Chinese immigration and labor laws, and between applicable laws and court enforcement, result in a considerable gap in employment protection for foreign employees. They have grown over the last two decades, in a changing legal environment of labor protection and labor market for foreigners.

Research limitations/implications

This study focused on documented foreign employees' labor litigations from 2017 to 2020 in people's courts in China's five most economically developed regions. Future studies could cover a wider geographic territory and labor disputes of undocumented foreign employees to provide an even more comprehensive picture of the challenges and potential solutions.

Practical implications

The inconsistency between immigration and labor law regarding employment protection for documented foreign employees requires legal clarification and regulation to ensure equal employment protection of both Chinese and foreign employees.

Originality/value

There are limited studies using empirical data from different regions in China to document and understand the gap between the statutory labor protections and the labor protection granted to foreign employees in law as well as in court practice.

Details

Employee Relations: The International Journal, vol. 44 no. 5
Type: Research Article
ISSN: 0142-5455

Keywords

Article
Publication date: 10 July 2020

Irina Ervits

This paper addresses the geographical dimension of cross-border knowledge integration, expressed as the co-invention of patent filings and investigates the siting of patenting…

Abstract

Purpose

This paper addresses the geographical dimension of cross-border knowledge integration, expressed as the co-invention of patent filings and investigates the siting of patenting activities by major US corporations in China. Most importantly, the study looks into the patterns of international co-invention or the links of these locations to headquarters and other company subsidiaries.

Design/methodology/approach

The study explores the cases of six US multinationals that file international patent applications in China. The applications were analyzed based on the composition of invention teams and the locations of inventors.

Findings

The co-invented patent filings by US multinational enterprises (MNEs) in China demonstrate a high degree of US–Chinese subsidiary collaboration. Links with other subsidiaries are marginal, and at the same time, high levels of sole patenting by inventors in China point to competence-creating research and development (R&D) activities taking place.

Practical implications

The lack of subsidiary-subsidiary collaboration, especially subsidiaries in other emerging markets, indicates a less diversified strategy of leveraging internal networks of knowledge. This also implies that Chinese subsidiaries still lack attractiveness as partners in subsidiary-subsidiary co-invention. Only two companies in our sample, Procter & Gamble and Intel, demonstrate a highly diversified, integrated and transnational pattern of innovation management.

Originality/value

The paper contributes to the contextual understanding of the rich landscape of R&D activities of major US MNEs in China. By exploring these cases, the paper identifies a number of trends. First, the R&D activities in this sample are highly concentrated in technological clusters located in Beijing and Shanghai. Technological clustering is an important advantage of the innovation landscape in emerging markets. Second, the paper underscores the importance of differentiating between different types of co-invention. The patent applications in this sample tend to unite inventors mostly from the US and China, and so multi-country applications involving subsidiaries in other countries are rare. Thus, the level of integration outside the center-host bandwidth is low. However, Chinese subsidiaries demonstrate high levels of autonomy by filing single-country applications, which implies that they are building their own research identity.

Details

International Journal of Emerging Markets, vol. 16 no. 8
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 5 October 2023

Liang Ma and Jun Li

The present study provides a comprehensive review of the advancements in five active heating modes for cold-proof clothing as of 2021. It aims to evaluate the current state of…

Abstract

Purpose

The present study provides a comprehensive review of the advancements in five active heating modes for cold-proof clothing as of 2021. It aims to evaluate the current state of research for each heating mode and identify their limitations. Further, the study provides insights into the optimization of intelligent temperature control algorithms and design considerations for intelligent cold-proof clothing.

Design/methodology/approach

This article presents a classification of active heating systems based on five different heating principles: electric heating system, solar heating system, phase-change material (PCM) heating system, chemical heating system and fluid/air heating system. The systems are analyzed and evaluated in terms of heating principle, research advancement, scientific challenges and application potential in the field of cold-proof clothing.

Findings

The rational utilization of active heating modes enhances the thermal efficiency of cold-proof clothing, resulting in enhanced cold-resistance and reduced volume and weight. Despite progress in the development of the five prevalent heating modes, particularly with regard to the improvement and advancement of heating materials, the current integration of heating systems with cold-proof clothing is limited to the torso and limbs, lacking consideration of the thermal physiological requirements of the human body. Additionally, the heating modes of each system tend to be uniform and lack differentiation to meet the varying cold protection needs of various body parts.

Research limitations/implications

The effective application of multiple heating modes helps the human body to maintain a constant body temperature and thermal equilibrium in a cold environment. The research of heating mode is the basis for realizing the temperature control of cold-proof clothing and provides an effective guarantee for the future development of the intelligent algorithms for temperature control of non-uniform heating of body segments.

Practical implications

The integration of multiple heating modes ensures the maintenance of a constant body temperature and thermal balance for the wearer in cold environments. The research of heating modes forms the foundation for the temperature regulation of cold-proof clothing and lays the groundwork for the development of intelligent algorithms for non-uniform heating control of different body segments.

Originality/value

The present article systematically reviews five active heating modes suitable for use in cold-proof clothing and offers guidance for the selection of heating systems in future smart cold-proof clothing. Furthermore, the findings of this research provide a basis for future research on non-uniform heating modes that are aligned with the thermal physiological needs of the human body, thus contributing to the development of cold-proof clothing that is better suited to meet the thermal needs of the human body.

Details

International Journal of Clothing Science and Technology, vol. 35 no. 6
Type: Research Article
ISSN: 0955-6222

Keywords

1 – 10 of 16