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Article
Publication date: 5 January 2021

Xudong Tang, Yan Gu, Ruoyu Weng and Kungcheng Ho

Confucianism underpins Chinese traditional culture and the values of the Chinese people. The purpose of this study is to examine the relationship between adherence to Confucianism…

1073

Abstract

Purpose

Confucianism underpins Chinese traditional culture and the values of the Chinese people. The purpose of this study is to examine the relationship between adherence to Confucianism and corporate irregularities.

Design/methodology/approach

The authors use the historical numbers of Jinshi (Imperial Scholars) in the Ming and Qing dynasties within 200 km of a company's location to proxy for the influence of Confucianism on the company, presenting strong evidence that Confucianism significantly reduces corporate irregularities.

Findings

The authors' findings are robust even when criticized with alternative definitions of Confucianism, sensitivity analysis and instrumental variable regression. The authors also discover that this effect is weaker in state-owned and foreign enterprises and weakened by the influence of Western culture.

Originality/value

This paper brings a new traditional-cultural perspective to the understanding of corporate irregularities and contributes to the literature on culture and finance. This paper also helps the authors understand the “China Puzzle” that is China's rapid economic development under an imperfect legal system.

Details

International Journal of Emerging Markets, vol. 17 no. 6
Type: Research Article
ISSN: 1746-8809

Keywords

Content available
Article
Publication date: 1 January 2009

Don Johnson

338

Abstract

Details

Managerial Finance, vol. 35 no. 1
Type: Research Article
ISSN: 0307-4358

Article
Publication date: 14 March 2022

Dongfang Sun, Jingchun Tang, Xiuping Zhang, Xudong Yuan, Yue Qian, Fangping Ye, Bin Ye and Bin Jiang

The leakage problem caused by machining error, assembly error, wearing and thermal deformation has been the main factor hindering the development of scroll compressor. This paper…

Abstract

Purpose

The leakage problem caused by machining error, assembly error, wearing and thermal deformation has been the main factor hindering the development of scroll compressor. This paper aims to investigate the lubrication characteristics of radial clearance and further optimize the radial clearance, which can reduce the leakage in the tangential direction of the working chamber.

Design/methodology/approach

This paper establishes a model of radial clearance oil film lubrication in scroll compressor. And, the method to solve the Reynolds and energy equations is presented, as well as the dimensionless and discretization by finite element difference method. To verify the established model, performance experiment of scroll compressor for electric vehicle air conditioning system is also carried out.

Findings

Based on the presented model, the temperature field and distribution of the oil film in the radial clearance are analyzed. And the influence of the structural parameter on the radial clearance is further discussed. The optimum radial clearance could be achieved at β = 40°–42°, where the orbiting scroll is in the state of rotary balance. And, the simulation results coincide well with the experimental results.

Originality/value

This work provides an effective model to evaluate the lubrication characteristics of radial clearance in scroll compressor, which can provide guidance for the design of scroll compressor.

Details

Industrial Lubrication and Tribology, vol. 74 no. 5
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 23 February 2021

Yangchun Fang, Xinxing Dai and Xudong Zhang

To better understand factors that lead to business model innovation (BMI) in organizations, this study argues that inclusive leadership is the primary source that motivates…

1465

Abstract

Purpose

To better understand factors that lead to business model innovation (BMI) in organizations, this study argues that inclusive leadership is the primary source that motivates employee engagement in boundary-spanning activities, which fosters BMI by generating and integrating employee knowledge through boundary-spanning exploration.

Design/methodology/approach

This paper analyzes the relationships between inclusive leadership, boundary-spanning exploration and BMI to discover how they influence each other. This is achieved by a survey of more than 30 enterprises in Zhejiang Province, China. The survey data are analyzed using SPSS.

Findings

Inclusive leaders who display characteristics of openness, accessibility and availability have a positive effect on BMI and boundary-spanning exploration; openness and accessibility have more significant positive effect on BMI and boundary-spanning exploration.

Research limitations/implications

Because this study covers only in Zhejiang Province, in China, the findings may not be easily generalizable to other contexts. Other factors, such as organizational structure and contextual characteristics, could also be added as antecedents in a future investigation. Moreover, the scales could be revised more suitable for China in the future.

Practical implications

The empirical findings can be used as guidelines for firms seeking to take advantage of inclusive leadership and to help firms motivate their employees to engage in boundary-spanning exploration to acquire, generate and integrate knowledge from diverse sources to promote BMI.

Originality/value

This study provides insights that will be of value by adding to the theoretical foundation of our understanding of the antecedents to firms' BMI. This study argues that employees' boundary-spanning exploration is important to BMI as well. Inclusive leadership is crucial to stimulate boundary-spanning exploration by employees. Therefore, how to encourage inclusive leadership in firms is well worth examining.

Details

Leadership & Organization Development Journal, vol. 42 no. 3
Type: Research Article
ISSN: 0143-7739

Keywords

Open Access
Article
Publication date: 26 July 2021

Yixin Zhang, Lizhen Cui, Wei He, Xudong Lu and Shipeng Wang

The behavioral decision-making of digital-self is one of the important research contents of the network of crowd intelligence. The factors and mechanisms that affect…

Abstract

Purpose

The behavioral decision-making of digital-self is one of the important research contents of the network of crowd intelligence. The factors and mechanisms that affect decision-making have attracted the attention of many researchers. Among the factors that influence decision-making, the mind of digital-self plays an important role. Exploring the influence mechanism of digital-selfs’ mind on decision-making is helpful to understand the behaviors of the crowd intelligence network and improve the transaction efficiency in the network of CrowdIntell.

Design/methodology/approach

In this paper, the authors use behavioral pattern perception layer, multi-aspect perception layer and memory network enhancement layer to adaptively explore the mind of a digital-self and generate the mental representation of a digital-self from three aspects including external behavior, multi-aspect factors of the mind and memory units. The authors use the mental representations to assist behavioral decision-making.

Findings

The evaluation in real-world open data sets shows that the proposed method can model the mind and verify the influence of the mind on the behavioral decisions, and its performance is better than the universal baseline methods for modeling user interest.

Originality/value

In general, the authors use the behaviors of the digital-self to mine and explore its mind, which is used to assist the digital-self to make decisions and promote the transaction in the network of CrowdIntell. This work is one of the early attempts, which uses neural networks to model the mental representation of digital-self.

Details

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

Keywords

Article
Publication date: 15 September 2023

Xiaohan Xu, Xudong Huang, Ke Zhang and Ming Zhou

In general, the existing compressor design methods require abundant knowledge and inspiration. The purpose of this study is to identify an intellectual design optimization method…

Abstract

Purpose

In general, the existing compressor design methods require abundant knowledge and inspiration. The purpose of this study is to identify an intellectual design optimization method that enables a machine to learn how to design it.

Design/methodology/approach

The airfoil design process was solved using the reinforcement learning (RL) method. An intellectual method based on a modified deep deterministic policy gradient (DDPG) algorithm was implemented. The new method was applied to agents to learn the design policy under dynamic constraints. The agents explored the design space with the help of a surrogate model and airfoil parameterization.

Findings

The agents successfully learned to design the airfoils. The loss coefficients of a controlled diffusion airfoil improved by 1.25% and 3.23% in the two- and four-dimensional design spaces, respectively. The agents successfully learned to design under various constraints. Additionally, the modified DDPG method was compared with a genetic algorithm optimizer, verifying that the former was one to two orders of magnitude faster in policy searching. The NACA65 airfoil was redesigned to verify the generalization.

Originality/value

It is feasible to consider the compressor design as an RL problem. Trained agents can determine and record the design policy and adapt it to different initiations and dynamic constraints. More intelligence is demonstrated than when traditional optimization methods are used. This methodology represents a new, small step toward the intelligent design of compressors.

Details

Engineering Computations, vol. 40 no. 9/10
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 1 January 2009

Travis L. Jones, Xudong Fu and Tian Tang

The purpose of this paper is to examine whether or not a calendar time anomaly exists in the number and discount of seasoned equity offerings (SEOs) from 1980‐2004.

1025

Abstract

Purpose

The purpose of this paper is to examine whether or not a calendar time anomaly exists in the number and discount of seasoned equity offerings (SEOs) from 1980‐2004.

Design/methodology/approach

Regression analysis was used on data from SEOs offered from 1980 to 2004 to determine the significance of the SEO discount over days‐of‐the‐week and the significance of factors relating to SEOs offered on a Monday. The characteristics of Monday SEOs were compared to those offered on other days of the week.

Findings

Monday has the fewest number of SEOs with a statistically significant larger offer price discount, on average, than issues done on other days of the week. This has been attributed to the Monday effect, in part to the implementation of Rule 10b‐21, which led to reduced short‐selling pressure and reduced the uncertainty associated with the weekend effect on the part of the issuing firm.

Originality/value

This paper adds value to the finance literature in that it extends the research on calendar‐time anomalies in financial markets. It also adds to the existing research on SEOs and notes characteristics in this particular section of the markets that may be important to both issuers and investors.

Details

Managerial Finance, vol. 35 no. 1
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 25 February 2014

Xudong Chen, Na Hu, Xue Wang and Xiaofei Tang

The purpose of this study is to examine whether corporate tax avoidance behavior increases firm value in Chinese context. A large number of studies conduct their designs on the…

5915

Abstract

Purpose

The purpose of this study is to examine whether corporate tax avoidance behavior increases firm value in Chinese context. A large number of studies conduct their designs on the consumption that tax avoidance represents wealth transfer from government to enterprises and therefore enhances firm value. This study argues that, contrast to developed countries, tax avoidance does not necessarily add value to opaque Chinese firms relative to transparent counterparts due to higher agency costs.

Design/methodology/approach

Using a large sample of Chinese listed-firms data for the period 2001-2009 and fixed effects regression model, this study examines the relation between tax avoidance and firm value. A series of robustness checks are conducted to alleviate the concern of endogeneity.

Findings

The authors find that tax avoidance behavior increases agency costs and reduces firm value. The authors further find that information transparency interacts with corporate tax avoidance, moderating the relation between tax avoidance and firm value. Investors in China react negatively to corporate tax avoidance behavior, but this negative reaction could be mitigated by information transparency. The results are robust to a series of alternative treatments, including varied measures, first-order differential approach and 2SLS.

Originality/value

The results suggest that tax avoidance does not necessarily increase firm value, part of gains are encroached by self-serving managers. Moreover, investors in China downplay the significance of tax avoidance, although corporate information transparency could soften their negative tone.

Details

Nankai Business Review International, vol. 5 no. 1
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 6 December 2023

Xiaolong Lu, Xudong Sui, Xiao Zhang, Zhen Yan and Junying Hao

This study aims to investigate the effect of V doping on the microstructure, chemical stability, mechanical and vacuum tribological behavior of sputtered MoS2 coatings.

Abstract

Purpose

This study aims to investigate the effect of V doping on the microstructure, chemical stability, mechanical and vacuum tribological behavior of sputtered MoS2 coatings.

Design/methodology/approach

The MoS2-V coatings are fabricated via tuning V target current by magnetron sputtering technique. The structural characteristic and elemental content of the coatings are measured by field emission scanning electron microscopy, X-ray diffractometer, electron probe X-ray micro-analyzer, Raman, X-ray photoelectron spectroscopy, high resolution transmission electron microscope and energy dispersive spectrometer. The hardness of the deposited coatings are tested by a nanoindentation technique. The vacuum tribological properties of MoS2-V coatings are studied by a ball-on-disc tribometer.

Findings

Introducing V into the MoS2 coatings results in a more compact microstructure. The hardness of the coatings increases with the doping of V. The MoS2-V coating deposited at a current of 0.2 A obtains the lowest friction coefficient (0.043) under vacuum. As the amount of V doping increases, the wear rate of the coating decreases first and then increases, among which the coating deposited at a current of 0.5 A has the lowest wear rate of 2.2 × 10–6 mm3/N·m.

Originality/value

This work elucidates the role of V doping on the lubrication mechanism of MoS2 coatings in a vacuum environment, and the MoS2-V coating is expected to be applied as a solid lubricant in space environment.

Details

Industrial Lubrication and Tribology, vol. 76 no. 1
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 9 May 2023

Yuhai Shen, Yanshuang Wang, Jianghai Lin, Pu Zhang, Xudong Gao and Zijun Wang

This paper aims to determine a suitable anti-wear and friction-reducing compounding additive for lithium greases (LG) by investigating the effects of three single additives…

Abstract

Purpose

This paper aims to determine a suitable anti-wear and friction-reducing compounding additive for lithium greases (LG) by investigating the effects of three single additives potassium borate (PB), zinc dialkyl dithiophosphate and molybdenum dialkyl dithiophosphate (MoDDP) and two compound additives on the friction, wear and extreme pressure properties of LG.

Design/methodology/approach

The effects of the above five additives on the friction, wear and extreme pressure properties of LG were investigated using an SRV-5 friction tester. An X-ray photoelectron spectrometer was used to analyze the various elements presented on the wear surface as well as the types of compounds.

Findings

The compound additive suitable for grease consists of PB and MoDDP, which have excellent friction reduction, anti-wear and extreme pressure properties. And a boundary protection film consisting of oxide and MoS2 is formed on the friction surface, thus improving the friction reduction and anti-wear performance of the grease.

Originality/value

This study can improve the anti-wear and friction-reduction performance of greases, which is of great importance in the field of industrial lubrication. The results of this paper are expected to be useful to researchers and academics of grease.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-11-2022-0350/

Details

Industrial Lubrication and Tribology, vol. 75 no. 5
Type: Research Article
ISSN: 0036-8792

Keywords

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