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This study investigates the effect of education on crop insurance knowledge within the context of noncompliance experiences. In addition, the study delves into the role of government endorsement in education, which is instructive for the implementation of future insurance promotions.

The study designs a randomized controlled trial (RCT) conducted in Jiangsu Province, China. A total of 518 sample farmers were randomly assigned to two experiments: The Education Experiment and the government’s Endorsement Experiment, respectively. After conducting a set of rigorous exogeneity tests, econometric analysis was conducted using baseline survey data and post experiment data.

Our results revealed that insurance education served as an effective tool in improving farmers’ insurance knowledge, especially their understanding of insurance mechanisms. However, this effect can be mitigated by the noncompliant insurance experience of farmers. Moreover, government-endorsed education proved to be more efficient in improving farmers’ insurance knowledge, thus highlighting the significance of building trust between insureds and insurers.

This study contributes to the literature by demonstrating that using a simple education tool, such as, brochures, can effectively improve farmers insurance knowledge. In addition, insurance mechanisms are now more urgently in need of universalization than policy information. Furthermore, by conducting the RCT, this study obtains unbiased causal inference on the effect of education on insurance knowledge and underscores the role of government endorsement in this process. In addition, the study illustrates the tradeoff between insurers’ efforts in enhancing education and regulating noncompliant insurance misconducts, which compromises education efforts. Overall, this study provides insights into the marketing strategies of insurers and government propaganda aimed at stimulating farmers’ incentives to purchase insurance.

The objective was to investigate the utility of cottonseed oil (CSO) as a raw material for the synthesis of CSO water-based alkyd resin. The synthesis involved the polymerization of CSO, trimethylolpropane, phthalic anhydride (PA) and trimellitic anhydride (TMA). The prepared resin coating material was subsequently applied to the surface of steel structure material.

This study aimed to synthesize water-based alkyd resins using CSO. Therefore, the alkyd resin was introduced with TMA containing carboxyl groups and neutralized with triethylamine (TEA) to form a water-soluble salt. Then, the esterification kinetics of CSO water-based alkyd resin were investigated, and finally, the basic properties of CSO water-based alkyd resin coating were evaluated.

It was demonstrated that CSO water-based alkyd resin exhibited excellent water solubility and that the esterification kinetic of the synthesis reaction could be described by a second-order reaction. The coating properties of the material were investigated and found to have good basic properties, with 40% resin addition having the best corrosion resistance. Consequently, it could be effectively applied to the surface of steel structural materials.

This study not only met the requirement of environmentally friendly development but also expanded the application of CSO through the synthesis of CSO water-based alkyd resin via alcoholysis. Compared to fatty acid process, the alcoholysis reduced the need for fatty acid pre-extraction, simplifying the alkyd resin synthesis process. Thus, economic costs are effectively reduced.

This paper aims to investigate the bond strength of metakaolin-based geopolymer mortar with cement mortar.

The mortar-mortar bond strength is assessed by slant shear and split tensile tests; pure shear strength is evaluated by Mohr’s criterion for result validation. Metakaolin-based geopolymer mortar is cast over the cured cement mortar specimen with two levels of surface roughness: smooth or grooved interface. The influence of the alkaline solution to metakaolin ratio on geopolymer bond strength is studied. Compressive strength, ultrasonic pulse velocity, permeability and flow table tests are also performed.

The paper’s findings are highlighted as follows: (1) strong mortar-mortar bond properties achieved for geopolymer mortar in all tests and conditions and validated by Mohr’s criterion and pure shear, (2) a lower alkaline solution to metakaolin ratio achieves higher bond strength to Portland cement mortar and (3) geopolymer mortar has higher compressive strength and ultrasonic pulse velocity than cement mortar at all curing ages; additionally, it is more flowable and less permeable.

The full replacement of Portland cement with metakaolin, a more sustainable cementitious material, will contribute to the decarbonization of the construction industry.

Limited research has been carried out on the bond strength of metakaolin-based geopolymer mortar to Portland cement mortar. Also, computing the pure shear using Mohr’s circle criterion of metakaolin-based geopolymer to validate the results can be considered original.

This paper aims to examine the role of corporate governance (CG) in the earnings management (EM) of affiliated companies in family business groups (FBGs) listed on the Pakistan Stock Exchange (PSX), using principal–principal agency theory.

The sample of 327 nonfinancial firms of the PSX, consisting of 187 group-affiliated firms and 140 nonaffiliated firms has been used in this study for the period of 2010 to 2019. The study uses different regression models for analysis, with robustness tests of various alternative measures of EM and FBG affiliation. In addition, endogeneity is controlled with the propensity score matching method.

The findings show that EM is less prevalent in affiliated firms compared to nonaffiliated companies. The results show a negative and significant relationship between FBGs affiliated firms and EM. Moreover, the results also show a positive relationship between EM and the interaction term of the CG index and group affiliation. It refers to the fact that effective governance cannot reduce EM in affiliated companies of FBGs as well as in the nonfinancial companies of the PSX. In addition, the quality of CG is higher in affiliated companies compared to its counterpart in nonaffiliated firms. The findings support the principal–principal agency theory that CG cannot mitigate the expropriating behavior of controlling shareholders against minority shareholders by reducing EM in emerging markets due to the ownership concentration phenomenon.

This research study has implications for small investors, government agencies and regulators. The findings of the study show that CG code should make it mandatory for companies to reveal information about their complex ownership structure and ownership information about affiliated companies and directors. Furthermore, it is suggested to revisit the code of CG in the Pakistani context of principal–principal conflict instead of the agent–principal explanation of agency theory based on Anglo–Saxon countries.

This research study has contributed to the CG and FBG literature in relation to EM in idiosyncratic settings of Pakistan. One of the prime contributions of the paper is the development of a comprehensive CG index. This research study used detailed, manually collected novel data on affiliated firms of FBGs in Pakistan.

Loitering aerial vehicle (LAV) swarm safety flight control is an unmanned system control problem under multiple constraints, which are derived to prevent the LAVs from suffering risks inside and outside the swarms. The computational complexity of the safety flight control problem grows as the number of LAVs and of the constraints increases. Besides some important constraints, the swarms will encounter with sudden appearing risks in a hostile environment. The purpose of this study is to design a safety flight control algorithm for LAV swarm, which can timely respond to sudden appearing risks and reduce the computational burden.

To address the problem, this paper proposes a distributed safety flight control algorithm that includes a trajectory planning stage using kinodynamic rapidly exploring random trees (KRRT*) and a tracking stage based on distributed model predictive control (DMPC).

The proposed algorithm reduces the computational burden of the safety flight control problem and can fast find optimal flight trajectories for the LAVs in a swarm even there are multi-constraints and sudden appearing risks.

The proposed algorithm did not handle the constraints synchronously, but first uses the KRRT* to handle some constraints, and then uses the DMPC to deal with the rest constraints. In addition, the proposed algorithm can effectively respond to sudden appearing risks by online re-plan the trajectories of LAVs within the swarm.

This paper adds risk perception and personalized human-computer interaction to the technology acceptance model, and further analyzes the impact of personalized unmanned ride hailing on users' behavior intention.

This study model was tested using a sample of 299 social media users from China and we apply structural equation modeling (SEM) to build the theoretical framework.

Our results show that perceived ease of use has a greater positive impact on behavior intention compared to perceived usefulness. In addition, we find that the impact of risk perception on behavior intention is manifested in a number of ways, including people’s risk perception of the new technology, people’s risk perception of data leakage, and so on. Finally, we find that users’ personalized human-computer interaction has a positive effect on their perceived ease of use, perceived usefulness, and behavior intention.

Our study contributes to illuminate the pivotal role of tailoring the human-computer interface to individual preferences and needs for ride-hailing platforms from the perspective of behavior intention.

This paper aims to improve how investors can better manage their exposure to bitcoin (BTC), given the growing importance of BTC and the accompanying high volatility of BTC. This paper tests whether altcoins can serve as safe havens and diversifiers against exposure to BTC.

Using daily returns of altcoins and BTC from 2014 to early 2022, this paper examines the relationship between altcoins and BTC in a GARCH regression framework.

This paper finds that altcoins act as reliable safe havens during periods of extremely negative BTC returns and provide BTC investors with diversification benefits during normal periods. The safe haven effect of altcoins is superior to that of conventional assets. This paper presents evidence that this safe haven property of altcoins can be attributed to the informational efficiency channel, which arose from the increased adoption of BTC by institutional investors.

The study uses a data set from 2014 to early 2022. While the sample is among the largest samples in the literature on crypto assets and includes adequate BTC tail events to test the hypotheses, it may not capture more recent changes in the crypto markets.

The findings suggest that BTC investors can enjoy diversification and safe haven protections by including altcoins in their portfolios.

This paper’s focus on alternative cryptocurrencies (altcoins) as potential diversifiers and safe havens is original. The hypothesis about altcoins being better alternatives during extreme negative movements in BTC prices is a unique contribution. The test of the role of the information efficiency channel further enhances the paper’s originality.

This study aims to investigate whether and how public air environmental concern (PAEC) affects corporate environmental, social and governance (ESG) performance in emerging markets.

This study measured PAEC using the Baidu index search keyword “雾霾 (PM2.5)” and assessed its impact on corporate ESG among Chinese A-share listed companies from 2011 to 2020 through regression analysis.

The empirical results indicate a positive relationship between PAEC and corporate ESG. Moreover, PAEC facilitates enhanced corporate ESG performance by mediating through corporate reputation and government environmental regulations. Heterogeneity analysis shows that the promotion effect of PAEC on ESG is more pronounced in the subgroups of companies with an excellent green image, low perceived uncertainty, strong management political connections, low short-termism, high industry technological levels and low pollution levels.

The practical implications of this study underscore the importance for policymakers, investors and companies to prioritize PAEC and its influence on corporate ESG performance.

This study contributes to ESG literature by highlighting the positive impact of external oversight, such as PAEC.

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.

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.

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.

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

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.