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The purpose of this study is to restore the spatial distribution of overseas remittance businesses in Shantou during the 1940s. It explores various socioeconomic factors that influenced the concentration of local remittance business investment in real estate. By reconstructing the spatial distribution of remittance business activities in Shantou, this study hopes to lay a foundation for further analysis of the business strategies of Chaoshan merchants.

This research draws on information from the published Swatow Guide, archival sources and cadastral maps to identify the location of remittance enterprises and the native place and overseas networks of property owners.

This study reveals that the spatial distribution of the remittance enterprises was determined by the native place origins of local property owners, and that the inflow of overseas Chinese capital contributed to real estate development in Shantou.

Despite the limited access to Chinese official archives, this paper manages to identify several building blocks and neighbors in Shantou for spatial analysis.

This study is the first attempt to use the geographical information system (GIS) method in Chinese urban history research and hopes to establish a larger historical database of Shantou as a sample for comparison.

This investigation advances the spatial study of urban history and overseas Chinese remittances in the maritime society of South China.

The purpose of this paper is to investigate the equivalent control authority of the conventional and circulation control (CC) wing of the aircraft and assess the energy expenditure and aerodynamic efficiency of the CC wing.

Four target cases with different flap deflection angles θ are set in advance for the conventional wing, and then a series of cases with different jet momentum coefficients Cμ are set for the CC wing. The lift, drag and momentum coefficient curves of the CC wing are compared to those of the four conventional wing cases. The curves with the best agreement are selected to establish the corresponding relation between θ and Cμ. The energy expenditure of the CC system is analyzed. The concept of equivalent lift-to-drag ratio for the CC wing is introduced to compare the aerodynamic efficiency with the conventional wing

The control authority of the conventional wing at θ = 0º, 10º, 20º, 30º are equivalent to the control authority of the CC wing with Cµ = 0.0, 0.005, 0.009 and 0.012. The CC system is more efficient at small Cµ than large Cµ.

This study could contribute to the application of the CC system on flapless aircrafts.

The corresponding relation between θ and Cµ is established by matching the equivalent control authority between the conventional wing and CC wing.

To improve the accuracy of stock price trend prediction in the field of quantitative financial trading, this paper takes the prediction accuracy as the goal and avoid the enormous number of network structures and hyperparameter adjustments of long-short-term memory (LSTM).

In this paper, an adaptive genetic algorithm based on individual ordering is used to optimize the network structure and hyperparameters of the LSTM neural network automatically.

The simulation results show that the accuracy of the rise and fall of the stock outperform than the model with LSTM only as well as other machine learning models. Furthermore, the efficiency of parameter adjustment is greatly higher than other hyperparameter optimization methods.

(1) The AGA-LSTM algorithm is used to input various hyperparameter combinations into genetic algorithm to find the best hyperparameter combination. Compared with other models, it has higher accuracy in predicting the up and down trend of stock prices in the next day. (2) Adopting real coding, elitist preservation and self-adaptive adjustment of crossover and mutation probability based on individual ordering in the part of genetic algorithm, the algorithm is computationally efficient and the results are more likely to converge to the global optimum.

The purpose of this paper is to study the yaw control of the flapless aircraft and investigate the equivalent control effect (ECE) and the power consumption of the pneumatic control.

The control effects of the mechanical control and the pneumatic control are calculated and the ECE curves are obtained. The power consumption of the pneumatic control is analyzed. A new pneumatic drag-type yaw control method is proposed. The mechanisms of the drag-type yaw control and the conventional thrust-type yaw control are explored. The drag-type yaw control is divided into two combined blowing forms: inner-top outer-bottom blowing and inner-bottom outer-top blowing. The differences between two kinds of the drag-type yaw control at a small angle of attack and a large angle of attack are explored.

The ECE curves of the pneumatic control are obtained. The power consumption of the drag-type yaw control is much lower than that of the thrust type. The lift coefficient of the inner-top outer-bottom blowing is higher than that of the inner-bottom outer-top blowing, but the inner-bottom outer-top blowing has higher efficiency of the yaw control at a large angle of attack.

This paper contributes to the research of the flapless aircraft.

A new pneumatic drag-type yaw control method of the flapless aircraft is proposed.

The purpose of this paper is to comment on Peter Ping Li’s understanding of Zhong-Yong balancing, presented in his article titled “Global implications of the indigenous epistemological system from the East: How to apply Yin-Yang balancing to paradox management.” Seeing his understanding of Zhong-Yong balancing being incorrect and incomplete, the author proposes an alternative perspective on Zhong-Yong as dynamic balancing between Yin-Yang opposites.

The author first explain why Peter P. Li’s “asymmetry” and “superiority” arguments are flawed by referring to the original text of the classical book of Zhong-Yong (中庸) and a comparison between Zhong-Yong and Aristotle’s doctrine of the mean. The author then propose an alternative approach to Zhong-Yong balancing that is embedded in the original text Zhong-Yong but somehow has been neglected by many Chinese scholars. The author concludes the commentary by unifying the two alternative approaches to Zhong-Yong balancing under the inclusion-selection-promotion-transition (ISPT) framework of Zhong-Yong balancing.

There are three main findings. First, as the original text of Zhong-Yong does not prescribe asymmetry, Peter P. Li’s notion of “Yin-Yang balancing” is ironically unbalanced or anti-Zhong-Yong due to his emphasis on asymmetry to the exclusion of symmetry. Second, due to the equivalency between Zhong-Yong and Aristotle’s doctrine of the mean, Peter P. Li’s assertion that “Yin-Yang balancing” is superior as a solution to paradox management is flawed. Third, his “Yin-Yang balancing” solution is only (the less sophisticated) one of two alternative approaches to Zhong-Yong balancing, i.e., ratio-based combination of Yin-Yang opposites. What Peter P. Li and many other Chinese have neglected is another approach to Zhong-Yong that is embedded in the original text of Zhong-Yong, which I call “analysis plus synthesis.”

As it is a commentary there are no specific limitations except for what can be covered in the space available.

The “analysis plus synthesis” approach to Zhong-Yong can be adopted by practitioners who are demanded to balance between opposite forces in daily life and work.

The rejection of the “Yin-Yang balancing being superior” assertion facilitates reduction of friction and non-cooperation between intellectual traditions.

This commentary contributes to the “West meets East” discourse by debunking Peter P. Li’s assertion that Yin-Yang balancing is superior as a solution to paradox management and his prescription that balancing between Yin-Yang opposites must be asymmetric. It also contributes to the Chinese indigenous management research by identifying a largely neglected approach to Zhong-Yong balancing (i.e. “analysis plus synthesis”) that is alternative to the commonly understood ratio-based combination approach (e.g. “Yin-Yang balancing”). In addition, it contributes to the management literature by proposing the ISPT framework of Zhong-Yong balancing.

The purpose of this paper is to examine the effects of prestige signals measured by the reputations of the underwriter, auditor and board size on the heterogeneity of investor belief about the true value of IPO in the Malaysian IPO market.

This study employs a sample of 281 IPOs issued between January 2000 and December 2015. The relationship between prestige signals and investor heterogeneity, measured by first-day price range of IPOs, is analysed using cross-sectional regression and quantile regression technique.

Of the three prestige signals, the findings show that only underwriter reputation and board size have significant negative relationships with IPO first-day price range. This implies that IPOs underwritten by reputable underwriters and issuing firms with larger board members have lower heterogeneity of opinion among investors. The findings also show that underwriter and auditor reputations have negative relationship with IPO initial return, suggesting that these prestige signals help to reduce IPO under-pricing, which is a direct cost of raising capital for the issuing firm. Furthermore, the results indicate that offer price, initial return, over-subscription ratio and private placement are associated with higher first-day price range. However, the findings on offer size suggest that larger IPO offer size is associated with lower first-day price range. Overall, the findings suggest that firm’s prestige signals reduce opinion heterogeneity among investors and that lower investors’ heterogeneity leads to lower IPO under-pricing cost for issuing firms.

Despite the importance of underwriter, auditor and board member reputations in signalling firm’s quality and reducing the level of information asymmetry of the listing firm’s issues, research on the effects of prestige signals on investor heterogeneity remains unexplored. This study investigates the role of prestige signals in influencing investors’ heterogeneity in Malaysia. The authors conjecture that underwriter, auditor and board member with higher reputations are associated with lower levels of opinion heterogeneity among IPO investors.

The purpose of this paper is to study police powers and accountability from a comparative perspective in both China and Hong Kong.

This paper compares and contrasts police powers and accountability.

The implications are many, including different political systems in which China is more authoritarian or paternalistic whereas Hong Kong is more pluralistic; checks and balances mechanisms in Hong Kong are far greater than in China; and the concept of accountability to the public is different in that Hong Kong police are accountable to members of the public but the mainland Chinese police force has a limited and top-down concept of accountability.

An original comparative approach to policing in Hong Kong and China.

The purpose of this paper is an attempt to design a proper incentive coordination mechanism to deal with the channel conflicts between the traditional sales and online direct sales.

With respect to the problems of channel conflicts between the traditional sales and online direct sales, to optimize the sale system and get more profits, considering the influences of consumer network acceptance, the authors establish demand and profit function based on consumer's utility, respectively. What's more, we exploit the game theory to analyze the optional decisions of the supply chain under the incentive coordination condition and no incentive coordination condition, and then we discuss the supply chain's optimal pricing, demand, profit and compensation incentive levels with the different effect of consumer network acceptance.

The level of compensation incentive provided by the manufacturer is influenced by consumer network acceptance and product cost. The lower the consumer network acceptance, the better the compensation incentive coordination effect of manufacturers. Manufacturers, wholesalers, retailers and consumers are all important players in real supply chain relationships. When a manufacturer exists as a dominant role, it should pay full attention to the impact of consumer behavior on supply chain decisions.

The research can clarify the influence and mechanism of consumer behavior on supply chain channel conflict coordination, and deal with channel conflicts.

The proposed incentive coordination can effectively realize supply chain channel conflict resolution, and provide decision-making ideas and methods for manufacturers to develop the supply chain management of online direct sales channels.