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Charitable giving in China has moved from being subjected to government attention and public skepticism to receiving government encouragement and public support. The role played by political connections in philanthropy is indisputable, although very few studies have explored their association from the perspective of the country’s first Charity Law of 2016. This study aims to contribute to the ongoing debate about the 2016 Charity Law and offers an understanding of the future trends in corporate charitable giving.

Using empirical analysis of data collected from listed companies in China, this study analyzes the impact of political connections on corporate charitable giving before and after the 2016 Charity Law. The study adopts three leading theories from previous research into corporate charitable giving and political connections: corporate social responsibility, resource dependence theory and stakeholder theory. A conceptual framework is outlined, and hypotheses are formulated accordingly.

The results show that political connections have a substantial positive impact on corporate charitable giving, both before and after the implementation of the 2016 Charity Law, which has significantly promoted and increased the amount and proportion of charitable giving. Although the 2016 Charity Law attempted to weaken the political connections of enterprises, the influence of political connections on corporate charitable giving has proved difficult to diminish or eliminate, as charity is dominated by the state.

This study explores the association between political connections and corporate charitable giving from the perspective of China’s Charity Law of 2016.

In this paper, the seismic behavior of the gusset plate moment connection (GPMC) exposed to the post-earthquake fire (PEF) is investigated.

For this purpose, for the sake of verification, first, a numerical model is built using ABAQUS software and then exposed to earthquakes and high temperatures. Afterward, the effects of a series of parameters, such as gusset plate thickness, gap width, steel grade, vertical load value and presence of the stiffeners, are evaluated on the behavior of the connection in the PEF conditions.

Based on the results obtained from the parametric study, all parameters effectively played a role against the seismic loads, although, when exposed to fire, it was found that the vertical load value and presence of the stiffener revealed a great contribution and the other parameters could not significantly affect the connection performance. Finally, to develop the modeling and further study the performance of the connection, the 4 and 8-story frames are subjected to 11 accelerograms and 3 different fire scenarios. The findings demonstrate that high temperatures impose rotations on the structure, such that the story drifts were changed compared to the post-earthquake drift values.

The obtained results can be used by engineers to design the GPMC for the combined action of earthquake and fire.

This paper aims to investigate the relationship between uncertainty and corporate cash holdings with the moderating role of political connections.

We employ fixed effects estimation on a panel dataset of 669 Vietnamese listed firms over the 2010–2020 period, with one- and two-way standard error clustering. We conduct various robustness tests, including two-stage least squares/instrumental variable and generalized method of moments regressions, alternative cash holding measure, and additional controls for macroeconomic conditions and ownership types.

The effect of uncertainty on cash holdings is weakened for firms with political connections relative to those without the connections. Although general firms depend on cash flows to adjust their cash holding behavior when uncertainty increases, our findings suggest that politically connected firms do not rely on internal cash flows to accumulate cash when confronted high uncertainty.

Our findings on the role of political connections in moderating the relationship between cash holding and economic policy uncertainty have practical implications for policymaking. Since political connections serve as a buffer for a firm’s liquidity, firms may want to seek those connections, which can, in turn, lead to increasing informal costs and unfair business environment.

This is the first study investigating the role of political connections to the nexus of cash, cash flow and uncertainty, providing novel evidence regarding the less dependence on internal cash flows to save cash by politically connected firms. Second, the paper enriches the literature on the motives of cash holdings by proposing a modified agency view in the context of weak investor protection. Therefore, our findings strengthen the explanation for the positive effect of uncertainty on firms’ cash holdings in emerging markets.

This research study focuses on investigating the seismic performance of non-straight beams in steel structures and exploring the mechanism by which plastic hinges are formed within these beams. The findings contribute to the understanding of their behaviour under seismic loads and offer insights into their potential for enhancing the lateral resistance of the structure. The abstract of the study highlights the significance of corners in structural plans, where non-coaxial columns, diagonal elements or beams deviating from a straight path are commonly observed. Typically, these non-straight beams are connected to the columns using pinned connections, despite their unknown seismic behaviour. Recognizing the importance of generating plastic hinges in special moment resisting frames and the lack of previous research on the involvement of these non-straight beams, this study aims to address this knowledge gap.

This study examines the seismic behaviour and plastic hinge formation of non-straight beams in steel structures. Non-straight beams are beams that connect non-coaxial columns and diagonal elements, or deviate from a linear path. They are usually pinned to the columns, and their seismic contribution is unknown. A critical case with a 12-m non-straight beam is analysed using Abaqus software. Different models are created with varying cross-section shapes and connection types between the non-straight beams. The models are subjected to lateral monotonic and cyclic loads in one direction. The results show that non-straight beams increase the lateral stiffness, strength and energy dissipation of the models compared to disconnected beams that act as two cantilevers.

The analysis results reveal several key findings. The inclusion of non-straight beams in the models leads to increased lateral stiffness, strength and energy dissipation compared to the scenario where the beams are disconnected and act as two cantilever beams. Plastic hinges are formed at both ends of the non-straight beam when a 3% drift is reached, contributing to energy damping and introducing plasticity into the structure. These results strongly suggest that non-straight beams play a significant role in enhancing the lateral resistance of the system. Based on the seismic analysis results, this study recommends the utilization of non-straight beams in special moment frames due to the formation of plastic hinges within these beams and their effective participation in resisting lateral seismic loads. This research fills a critical gap in understanding the behaviour of non-straight beams and provides valuable insights for structural engineers involved in the design and analysis of steel structures.

The authors believe that this research will greatly contribute to the knowledge and understanding of the seismic performance of non-straight beams in steel structures.

The purpose of this paper is to analyse the impact of political connections and gender diversity on the performance of Iberian companies as a singular market and considering Portugal and Spain separately.

The authors used panel data methodology, specifically GMM system estimation model by Arellano and Bond (1991) for the period from 2015 to 2020.

Results show that the performance of listed Iberian companies is influenced by political connections, by gender diversity and that gender diversity has a mitigating effect on the effects of political connections in each country. The mitigating effect of women is evident in both Portugal and Spain, as they are more cautious and principled, which is valued by short-term investors interested in an immediate investment. However, considering the Iberian Peninsula as a whole, the results indicate that – in the long term – women's political relationships can benefit performance through a better reputation and image, which can lead to better social and economic results in the long term.

To the best of the authors’ knowledge, this paper is original and covers an important gap in the literature when considering political connections and women's impact on these connections as determinants of the performance of Iberian companies.

To maintain the well integrity, the strength and sealing ability of premium connection should be in the safe scope. ISO 13679 is widely used for evaluating the ability of tubing and casing connection all over the world. FE is adopted to simulate the ISO 13679 tests.

Because of the disadvantage of experiment such as long period, high cost and high requirement on the facility, considering the convenience and universality of finite element method, as well as the contacting nonlinearity and material nonlinearity, three-dimensional finite element model of a certain type of premium connection is established with the consideration of helix angle. The loads exerted on the premium connection are the loads in series B test and thermal cycle test of ISO 13679. The distributions of Von Mises stress and contact pressure in various cases were studied.

The results showed that the bending load has a great influence on the distribution of Von Mises stress and contact pressure for premium connection. The Von Mises stress and contact pressures on the sealing surface are smaller on the tension side and greater on the compression side. With increasing axial compression load, the contact pressures on the tension side are too small, which may lead to sealing failure. The influence of temperature on the performance of premium connection cannot be ignored when choosing or designing premium connections. Both the Von Mises stress and contact pressure decrease slightly during a period of thermal cycle. Although the performance of the premium connection is good in a period of thermal cycle, its performance in a long period should be evaluated. Finite element simulation can effectively simulate the ISO 13679 test procedure and obtain the stress and contact pressure distribution. It can be used as a reference for evaluating the performance of premium connections.

Considering the convenience and universality of finite element method, as well as the contacting nonlinearity and material nonlinearity, three-dimensional finite element model of a certain type of premium connection is established with the consideration of helix angle.

This paper aims to investigate and assess a perspective of combining high-strength-steel endplate with mild-steel beam and column in endplate connections.

First, experimental tests on high strength steel endplate connections were conducted at fire temperature 550°C and at an ambient temperature for reference.

The moment-rotation characteristic, rotation capacity and failure mode of high-strength-steel endplate connections in fire and at an ambient temperature were obtained through tests and compared with those of mild-steel endplate connections. Further, the provisions of Eurocode 3 were validated with test results. Moreover, the numerical study was carried out via ABAQUS and verified against the experimental results.

It is found that a thinner high-strength-steel endplate can enhance the connection’s rotation capacity both at an ambient temperature and in fire (which guarantees the safety of an entire structure) and simultaneously achieve almost the same moment resistance with a mild steel endplate connection.

In this study, we examine the relationship between political connections of private firms and the initial public offering process. Using registration statement information, we create a unique database of politically connected IPO firms. We find that political connections are substitutes to high-quality underwriters and big four auditors. Politically connected firms manage earnings more highly upward than non-connected firms prior to the public offering. Politically connected firms also exhibit less underpricing than non-connected firms. Finally, politically connected IPO firms have superior post-IPO returns relative to non-connected IPO firms.

This study examines the effect of employees' perceptions of political connections on performance measurement systems (PMS) design choice and firm performance. In addition, this study explores the moderating effect of social networking, a very common and widely used factor by domestic and foreign multinational firms operating in China, and its joint effect with political connections or PMS design choice on firm performance. We collected survey responses from a sample of 110 managers from manufacturing firms in China. Our results reveal that highly politically connected managers use nonfinancial measures, leading to improved firm performance. Our results suggest that social networking interacts significantly with political connections, and nonfinancial and financial measures on firm performance. The theoretical and practical implications of our findings are discussed.

Extant research captures the signaling and attitudinal effects of luxury brand prominence strategy; however, little is known about the underlying mechanisms that drive this effect. This study aims to uncover brand authenticity and brand coolness as parallel mediators driving the effects of brand prominence on luxury purchase intentions and explores the moderating role of consumers’ self-brand connection.

The research consisted of three experiments. Study 1 (n = 121) explored the direct effects of brand prominence among Chinese consumers. Using a sample of Turkish consumers (n = 115), Study 2, measured the mediation effects of brand authenticity and brand coolness. Study 3 (n = 211) examined how self-brand connection moderated the mediation effects among British customers.

A luxury brand prominence strategy leads to negative perceptions of coolness and authenticity and, in turn, reduces purchase intentions. The negative effect of brand prominence is even more pronounced among consumers with high self-brand connection.

The study elaborates on how brand prominence informs consumers’ perceptions of authenticity and coolness. In examining the role of self-brand connection, the study reveals a theoretically and managerially relevant boundary condition of this focal effect.

The research highlights how luxury brands can use differing brand prominence strategies. This research informs brand managers on how to enhance brand authenticity and coolness while managing self-brand connection.

The study extends the luxury branding literature by explaining the brand prominence effect through the parallel mediators of brand authenticity and brand coolness. In contrast to extant research, the findings show that the negative effect of brand prominence is particularly strong among consumers with high self-brand connection.