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Digital transformation misalignment refers to disparities in digital transformation levels between suppliers and buyers across the production and operation process. It has negatively affected supply chain stability. However, the existing research concerning the economic consequences has not been adequately addressed. Therefore, this paper aims to investigate whether such digital transformation misalignment increases supplier financial risk and to identify the factors influencing this relationship.

This paper examines binary combinations of suppliers and buyers listed on China’s A-share market between 2011 and 2021. This group constitutes a sample to empirically test the influence of digital transformation misalignment on the supplier’s financial risk, as well as the moderating effect of the geographical and organizational distances.

The paper’s findings demonstrate that digital transformation misalignment has indeed a significant increase in the supplier’s financial risk. Moreover, the impact is more intense when the geographical or organizational distance between the supplier and the buyer is relatively large.

The existing literature rarely explores the potential risks arising from digital transformation misalignment between supply chain partners. Therefore, this paper fills a notable gap as it is the first to study the impact of digital transformation misalignment on the supplier’s financial risk and the specific applied mechanisms. The contribution significantly improves the field of corporate digital transformation, particularly, within the context of supply chain management.

This paper investigates the relationship between product market competition and firms’ water information disclosure and how firms’ ownership type can affect this relationship in China, offering new insights into corporate water management.

The authors investigated 303 Chinese listed companies in highly water-sensitive industries to examine how product market competition influences corporate water information disclosure by subdividing the product market competition into market competition at the firm level and the industry competition intensity at the industry level.

The results show that there exists an inverted U-shaped relationship between industry competition and water information disclosure; enterprises with the highest market power in a mildly competitive industry are more willing to voluntarily disclose water information and play an industry benchmarking role. Further tests demonstrate that the relationship between industry competition intensity and water information disclosure is stronger for state-owned enterprises than for private enterprises.

The current water resources regulations in China are relatively lax and the water risk awareness of firms is weak, which may affect the applicability of the results. In addition, water information disclosure research is a relatively new field and a quantitative index system for water information disclosure is still in the exploratory stage. Further developments, including the selection, definition and measuring methods of a water index are required.

The authors developed a new direction of enterprise water management activities from the perspective of market competition. Based on the market conditions in China, the authors also investigated the impact of the ownership type of the enterprises on the relationship between market competition and water information disclosure.

The authors suggested that the government should improve laws and regulations and adopt incentive mechanisms to encourage enterprises to implement water resource management. In addition, the government should encourage high market status enterprises to actively fulfill their environmental responsibilities so that the entire industry is encouraged to follow suit.

This study represents an important development in the field of environmental accounting and is the first research on corporate water information disclosure; it also extends the research on the influence mechanisms of market competition on the environmental management practices of enterprises.

This study aims to investigate the effects of environmental risk perception on the evaluation of socioeconomic development and subjective well-being in China.

A questionnaire survey was conducted, and data were collected from 408 participants of four major universities and government organizations in Changsha, China. Structural equation modeling (SEM) was used to analyze the collected data and to test the hypotheses with regard to the relationship among latent variables. Bayesian method was used as the statistical inference procedure.

Results show that environmental risk perception has a direct negative influence on perceived socioeconomic development and on subjective total well-being (i.e. both hedonic and eudaimonic well-being). The perceived socioeconomic development has a direct positive effect on the subjective total well-being; thus, it plays a partial mediation role between environmental risk perception and subjective total well-being.

Findings suggest that the environment protection act of the government and their contribution to socioeconomic development will significantly affect the total well-being of people. The empirical analysis is based on survey data; thus, this study may suffer the common problems of questionnaire survey.

Promoting pro-environment and health behaviors is important in developing a happy society.

This study demonstrates a significant negative effect of environmental risk perception on the total well-being of people according to SEM approach. This study determines two independent paths for government and policy makers to increase the total well-being of people in China, namely, increasing socioeconomic value to people and controlling and reducing environmental threats.

This paper aims to solve the problem of public resource allocation among vulnerable groups by proposing a new method called uncertain α-coordination value based on uncertain cooperative game.

First, explicit forms of uncertain Shapley value with Chouqet integral form and uncertain centre-of-gravity of imputation-set (CIS) value are defined separately on the basis of uncertainty theory and cooperative game. Then, a convex combination of the two values above called the uncertain α-coordination value is used as the best solution. This study proves that the proposed methods meet the basic properties of cooperative game.

The uncertain α-coordination value is used to solve a public medical resource allocation problem in fuzzy coalitions and uncertain payoffs. Compared with other methods, the α-coordination value can solve such problem effectively because it balances the worries of vulnerable group’s further development and group fairness.

In this paper, an extension of classical cooperative game called uncertain cooperative game is proposed, in which players choose any level of participation in a game and relate uncertainty with the value of the game. A new function called uncertain α-Coordination value is proposed to allocate public resources amongst vulnerable groups in an uncertain environment, a topic that has not been explored yet. The definitions of uncertain Shapley value with Choquet integral form and uncertain CIS value are proposed separately to establish uncertain α-Coordination value.

The purpose of this study is to bridge the gap in the literature on supply chain finance (SCF) by exploring the relationship between network capabilities and corporate financial performance (CFP) in financial supply chains (FSCs).

The authors collect panel data and adopt regression analysis to analyse the joint investment activities among 1359 manufacturing firms and 289 financial service providers in China to explore how network capabilities, both network power and network centrality, improve CFP in the FSCs.

Under the FSCs environments, network centrality (i.e. eigenvector centrality, closeness centrality and betweenness centrality) raises CFP (ROA, ROE and Tobin's Q) and network power (node degree, clustering coefficient) also improves CFP. However, node strength from the network power stream has a negative effect on Tobin's Q, indicating that when the partner of a firm has an extremely strong influence in FSCs; this weakens the bargaining ability and flexibility of the focal firm, thus reducing its long-term financial performance.

The joint investment activities among supply chain partners and financial service providers help managers understand the advanced financing solutions generated by internal and external network organisations as well as be aware of network capabilities' impact on CFP in FSCs.

This study answers the call for more empirical research on SCF to provide a broader sample to examine financial supply chain management. This is one of the earliest studies to shed light on a new perspective – how network capabilities improve CFP in the FSCs.

This study aims to investigate the effect of coatings prepared by the addition of copper-aluminum alloy powder on the corrosion behavior of 90/10 copper-nickel alloy.

Coatings of copper-aluminum alloy powder at different contents (Wt.% = 50%, 60%, 70% and 80%) were prepared by the high-temperature heat treatment process. The microstructure and component of the coatings were characterized by scanning electron microscope, X-ray diffraction, energy dispersive spectrometer and X-ray photoelectron spectroscopy. The electrochemical properties of the coating were explored by electrochemical impedance spectroscopy.

The results show that the aluminized layer was successfully constructed on the surface of 90/10 copper-nickel alloy, the composition of the coating was composed of copper-aluminum phase and aluminum-nickel phase, the existence of the aluminum-nickel phase was formed by the diffusion of Ni elements within the substrate and because of the diffusion, the Al-Ni phase was distributed in the middle and bottom of the coating more. The Al-Ni phase is considered to be the enhanced phase for corrosion resistance. When the copper-aluminum alloy powder content is 70 Wt.%, the corrosion resistance is the best.

The enhancement of corrosion resistance of 90/10 copper-nickel alloy by the copper-aluminum alloy powder was revealed, the composition of the aluminized layer and the mechanism of corrosion resistance were discussed.

This study aims to examine consumption emotions and customer–company identification as mediating variables to explore the association of perceived corporate social responsibility (CSR) on green consumer behavior in a hospitality–lodging context.

Using a stimulus–organism–response framework, an integrated model is developed. The hypothesized relationships of the research model are tested using the structural equation modeling technique. Data were gathered from hotel guests at a UNESCO World Heritage Site in China.

Perceived CSR directly affects positive emotions, negative emotions and customer–company identification. Positive emotions significantly influence customer–company identification. Positive emotions and customer–company identification partially mediate the relationship between perceived CSR and green consumer behavior. Hotel type was not found to be a moderating factor.

Perceived CSR can act to influence consumers’ behaviors more broadly via an increased likelihood of engaging in green consumer behavior. Implementing CSR strategies at the company level may provide additional benefits to society as a whole. The proposed relationships need to be replicated in other service organizations, segments and cultures to better assess the generalizability of the findings.

This study investigates the association between consumption emotions and customer–company identification, which has been missing in the tourism/hospitality literature. This study also extends previous CSR literature by examining the potential moderating role of hospitality type.

This study aims to investigate the effect of changes in iron content in 70/30 copper–nickel alloy on the corrosion process.

70Copper–30Nickel-xFe-1Mn (x = 0.4,0.6,0.8,1.0 Wt.%) alloy were prepared by the high frequency induction melting furnace. The scanning electron microscope, X-ray diffraction (XRD), X-ray photoelectron spectroscopy (XPS) and electrochemical impedance spectroscopy were used to analyze the morphology and component of the corrosion product film.

The results show that the corrosion resistance of 70/30 copper–nickel alloy added with 1.0%Fe is the best, and the film is divided into inner dense Cu2O composite film and outer hydration loose layer; XRD showed that after adding 1.0% Fe, the content of Cu2(OH)3Cl in the corrosion product film was significantly reduced, while the content of Cu2O remained unchanged; XPS showed that nickel accumulates in the inner layer of corrosion product film; the stage growth mode of the film, the role of nickel in it and the enrichment mechanism of iron in the inner film were summarized and discussed.

The changes in the composition and structure of the corrosion product film caused by the iron content are revealed, and the mechanism of the difference in corrosion resistance is discussed.

An exact multiple‐level dynamic substructure technique was developed by a combination of WYD algorithm and static multiple‐level substructuring technique. This method is essentially different from the traditional mode component synthesis. The eigenvalues and eigenvectors created by the method are the eigenpairs for the whole structure and not for the components of structure. On the other hand, the dynamic response by using mode superposition can also be implemented in substructure level. This algorithm actually is an exact substructuring technique which means that substructuring itself did not introduce any additional error except the round‐off when a structure was split into some arbitrary subdomains and the error of WYD or mode superposition themselves. It is no longer necessary to assume any connective condition on the interface between substructures. This method makes the capacity of dynamic analysis of a structural analysis program unlimited. It is especially attractive for the programs on microcomputers. Of course, the method leads to a frequent I/O for a subsequent search of the files from each substructure. It is time consuming compared to the mode component synthesis. But the potential still exists to improve the efficiency by using parallel computation on concurrent computers. In this paper the theory and procedure of the algorithm are presented.

The purpose of this paper is to summarize the advances in grey system theory research and various application achievements in science and engineering. At the same time, it commemorates the 40th anniversary of the birth of grey system theory and the 10th anniversary of Grey Systems–Theory and Application.

Firstly, the innovations of theoretical research in grey system theory were summarized and some of the widely recognized new results are briefly described. By searching and combing the research results of grey system theory in China national knowledge infrastructure (CNKI) database and Web of Science by Institute for Scientific Information (ISI), this paper shows the rapid development trend of grey system theory in the past 40 years, and the successful applications of grey system theory in the fields of social sciences, natural sciences and engineering technologies.

More than 227 thousands literature were found by input 10 phrases such as grey system, grey number and sequence operator etc. in CNKI database. After entering the new century, the number of grey system papers included in CNKI database is increasing rapidly. Since 2008, more than 10 thousands papers have been included per year and more than 15 thousands papers have been included per year since 2014. Grey system method and model are widely used in physics, chemistry, biology and other fields of natural science, as well as transportation, electric power, machinery and other fields of engineering technology, and a large number of valuable results have been achieved.

It can be seen that the grey system theory plays an important role in promoting China’s scientific and technological progress, innovation and development and high-level talent training from tens of thousands of literatures marked with important national science and technology projects and a large number of grey system literatures published by China’s double first-class universities and double first-class discipline construction universities.

Both innovations of theoretical research and practical application play important role in the growth of new theory. The innovations of theoretical research provide methods and tools for practical application, which is conducive to improve application efficiency and broaden application fields. A large number of practical applications needs have become the source of theoretical innovation and the solid background for the birth of theoretical innovation achievements.