Search results
1 – 10 of 24This study mainly explores how ESG performance (ESG stands for Environment, Social, and Governance) affects corporate downside risk through innovation input and innovation output…
Abstract
Purpose
This study mainly explores how ESG performance (ESG stands for Environment, Social, and Governance) affects corporate downside risk through innovation input and innovation output, thereby promoting sustainable development of enterprises.
Design/methodology/approach
Using Chinese A-share listed companies from 2014 to 2022 as research samples, a stepwise regression method is used to empirically test the impact of ESG performance on corporate innovation and downside risk by constructing multiple multivariate primary regression models.
Findings
ESG performance is beneficial for obtaining external resources and alleviating principal-agent problems. It can promote enterprises to increase innovation input and improve innovation output, thereby enhancing their core competitiveness, and suppressing their downside risk. This inhibitory effect is more significant in non-state-owned enterprises, non-high-tech enterprises, and enterprises where the chairman and the general manager are not combined in one. Further additional analysis has found that equity concentration weakens the inhibitory effect of ESG performance on corporate downside risk, equity balance strengthens the inhibitory effect of ESG performance on corporate downside risk, indicating that a mutually restrictive equity structure is conducive to promoting enterprises to actively fulfill ESG responsibility, thereby improving corporate innovation level and resolving their downside risk.
Practical implications
Enterprise managers, policy makers, and other practitioners can clearly see the benefits of implementing ESG measures, further strengthen their confidence in sustainable development, actively apply ESG concepts to the entire production and operation process of enterprises, increase attention and implementation of ESG elements, and promote the healthy and vigorous development of enterprises and macroeconomics.
Originality/value
The research conclusions reveal the inherent mechanism by which ESG performance empowers enterprises to improve their innovation level and reverse their performance decline, effectively expanding the theoretical achievements of ESG performance in enterprise innovation and risk management.
Details
Keywords
Liang Ma, Qiang Wang, Haini Yang, Da Quan Zhang and Wei Wu
The aim of this paper is to solve the toxic and harmful problems caused by traditional volatile corrosion inhibitor (VCI) and to analyze the effect of the layered structure on the…
Abstract
Purpose
The aim of this paper is to solve the toxic and harmful problems caused by traditional volatile corrosion inhibitor (VCI) and to analyze the effect of the layered structure on the enhancement of the volatile corrosion inhibition prevention performance of amino acids.
Design/methodology/approach
The carbon dots-montmorillonite (DMT) hybrid material is prepared via hydrothermal process. The effect of the DMT-modified alanine as VCI for mild steel is investigated by volatile inhibition sieve test, volatile corrosion inhibition ability test, electrochemical measurement and surface analysis technology. It demonstrates that the DMT hybrid materials can improve the ability of alanine to protect mild steel against atmospheric corrosion effectively. The presence of carbon dots enlarges the interlamellar spacing of montmorillonite and allows better dispersion of alanine. The DMT-modified alanine has higher volatilization ability and an excellent corrosion inhibition of 85.3% for mild steel.
Findings
The DMT hybrid material provides a good template for the distribution of VCI, which can effectively improve the vapor-phase antirust property of VCI.
Research limitations/implications
The increased volatilization rate also means increased VCI consumption and higher costs.
Practical implications
Provides a new way of thinking to replace the traditional toxic and harmful VCI.
Originality/value
For the first time, amino acids are combined with nano laminar structures, which are used to solve the problem of difficult volatilization of amino acids.
Details
Keywords
Abstract
Purpose
Coastal zone ecological restoration project is of great significance to alleviate marine ecological degradation. Evaluating the effect of coastal ecological restoration projects and identifying the obstacle factors affecting their restoration level can provide an empirical basis for future Marine ecological restoration projects.
Design/methodology/approach
However, due to the initial stage of coastal zone ecological restoration projects, the actual monitoring data of coastal zone ecological restoration is relatively lacking. Based on the CRITIC-TOPSIS (combination of CRITIC method and TOPSIS method) method, combined with the subjective perception of the public and the actual data of the restoration project, this paper proposes an evaluation method of the coastal zone ecological restoration effect to obtain the specific implementation effect of the coastal zone ecological restoration project. The main obstacle factors affecting the evaluation of coastal ecological restoration effect are identified by using the obstacle degree model.
Findings
This paper conducted an empirical study on the restoration of sandy shoreline and coastal wetland in Qinhuangdao city. Based on the data of restoration projects and the subjective perception of ecological restoration by the public in Qinhuangdao city, the research results showed that the coastal zone ecological restoration effect of Qinhuangdao city was general. The quality of the restoration project and the public perception have an important influence on the evaluation of the restoration effect. Improving the quality of the restoration project, strengthening the public's participation in ecological restoration and allowing the public to better participate in the ecological restoration of the coastal zone can improve the effect of ecological restoration of the coastal zone in an all-round way.
Originality/value
The research results of this paper have a guiding role in the ecological restoration of coastal cities in the future, and also have a demonstration and reference role for the assessment of the effect of ecological restoration of coastal zones.
Details
Keywords
Tian-Yu Wu, Jianfei Zhang, Yanjun Dai, Tao-Feng Cao, Kong Ling and Wen-Quan Tao
To present the detailed implementation processes of the IDEAL algorithm for two-dimensional compressible flows based on Delaunay triangular mesh, and compare the performance of…
Abstract
Purpose
To present the detailed implementation processes of the IDEAL algorithm for two-dimensional compressible flows based on Delaunay triangular mesh, and compare the performance of the SIMPLE and IDEAL algorithms for solving compressible problems. What’s more, the implementation processes of Delaunay mesh generation and derivation of the pressure correction equation are also introduced.
Design/methodology/approach
Programming completely in C++.
Findings
Five compressible examples are used to test the SIMPLE and IDEAL algorithms, and the comparison with measurement data shows good agreement. The IDEAL algorithm has much better performance in both convergence rate and stability over the SIMPLE algorithm.
Originality/value
The detail solution procedure of implementing the IDEAL algorithm for compressible flows based on Delaunay triangular mesh is presented in this work, seemingly first in the literature.
Details
Keywords
Xichen Chen, Alice Yan Chang-Richards, Florence Yean Yng Ling, Tak Wing Yiu, Antony Pelosi and Nan Yang
Despite extensive academic research related to digital technologies (DT), their integration into architecture, engineering and construction (AEC) projects lags in practice. This…
Abstract
Purpose
Despite extensive academic research related to digital technologies (DT), their integration into architecture, engineering and construction (AEC) projects lags in practice. This paper aims to discover DT deployment patterns and emerging trends in real-life AEC projects.
Design/methodology/approach
A case study methodology was adopted, including individual case analyses and comparative multiple-case analyses.
Findings
The results revealed the temporal distribution of DT in practical AEC projects, specific DT products/software, major project types integrated with digital solutions, DT application areas and project stages and associated project performance. Three distinct patterns in DT adoption have been observed, reflecting the evolution of DT applications, the progression from single to multiple DT integration and alignment with emerging industry requirements. The DT adoption behavior in the studied cases has been examined using the technology-organization-environment-human (TOE + H) framework. Further, eight emerging trend streams for future DT adoption were identified, with “leveraging the diverse features of certain mature DT” being a shared recognition of all studied companies.
Practical implications
This research offers actionable insights for AEC companies, facilitating the development of customized DT implementation roadmaps aligned with organizational needs. Policymakers, industry associations and DT suppliers may leverage these findings for informed decision-making, collaborative educational initiatives and product/service customization.
Originality/value
This research provides empirical evidence of applicable products/software, application areas and project performance. The examination of the TOE + H framework offers a holistic understanding of the collective influences on DT adoption. The identification of emerging trends addresses the evolving demands of the AEC industry in the digital era.
Details
Keywords
Chithra V.P., Balaji Bakthavatchalam, Jayakumar J.S., Khairul Habib and Sambhaji Kashinath Kusekar
This paper aims to present a comprehensive analysis of conjugate heat transfer phenomena occurring within the developing region of square ducts under both isothermal and isoflux…
Abstract
Purpose
This paper aims to present a comprehensive analysis of conjugate heat transfer phenomena occurring within the developing region of square ducts under both isothermal and isoflux boundary conditions. The study involves a rigorous numerical investigation, using advanced computational methods to simulate the complex heat exchange interactions between solid structures and surrounding fluid flows. The results of this analysis provide valuable insights into the heat transfer characteristics of such systems and contribute to a deeper understanding of fluid–thermal interactions in duct flows.
Design/methodology/approach
The manuscript outlines a detailed numerical methodology, combining computational fluid dynamics and finite element analysis, to accurately model the conjugate heat transfer process. This approach ensures both the thermal behaviour of the solid walls and the fluid flow dynamics are well captured.
Findings
The results presented in the manuscript reveal significant variations in heat transfer characteristics for isothermal and isoflux boundary conditions. These findings have implications for optimizing heat exchangers and enhancing thermal performance in various engineering applications.
Practical implications
The insights gained from this study have the potential to influence the design and optimization of heat exchange systems, contributing to advancements in energy efficiency and engineering practices.
Originality/value
The research introduces a novel approach to study conjugate heat transfer in square ducts, particularly focusing on the developing region. This unique perspective offers fresh insights into heat transfer mechanisms that were previously not thoroughly explored.
Details
Keywords
Christopher Igwe Idumah, Raphael Stone Odera and Emmanuel Obumneme Ezeani
Nanotechnology (NT) advancements in personal protective textiles (PPT) or personal protective equipment (PPE) have alleviated spread and transmission of this highly contagious…
Abstract
Purpose
Nanotechnology (NT) advancements in personal protective textiles (PPT) or personal protective equipment (PPE) have alleviated spread and transmission of this highly contagious viral disease, and enabled enhancement of PPE, thereby fortifying antiviral behavior.
Design/methodology/approach
Review of a series of state of the art research papers on the subject matter.
Findings
This paper expounds on novel nanotechnological advancements in polymeric textile composites, emerging applications and fight against COVID-19 pandemic.
Research limitations/implications
As a panacea to “public droplet prevention,” textiles have proven to be potentially effective as environmental droplet barriers (EDBs).
Practical implications
PPT in form of healthcare materials including surgical face masks (SFMs), gloves, goggles, respirators, gowns, uniforms, scrub-suits and other apparels play critical role in hindering the spreading of COVID-19 and other “oral-respiratory droplet contamination” both within and outside hospitals.
Social implications
When used as double-layers, textiles display effectiveness as SFMs or surgical-fabrics, which reduces droplet transmission to <10 cm, within circumference of ∼0.3%.
Originality/value
NT advancements in textiles through nanoparticles, and sensor integration within textile materials have enhanced versatile sensory capabilities, robotics, flame retardancy, self-cleaning, electrical conductivity, flexibility and comfort, thereby availing it for health, medical, sporting, advanced engineering, pharmaceuticals, aerospace, military, automobile, food and agricultural applications, and more. Therefore, this paper expounds on recently emerging trends in nanotechnological influence in textiles for engineering and fight against COVID-19 pandemic.
Details
Keywords
Jingxuan Chai, Jie Mei, Youmin Gong, Weiren Wu, Guangfu Ma and Guoming Zhao
Asteroids have the characteristics of noncooperative, irregular gravity and complex terrain on the surface, which cause difficulties in successful landing for conventional…
Abstract
Purpose
Asteroids have the characteristics of noncooperative, irregular gravity and complex terrain on the surface, which cause difficulties in successful landing for conventional landers. The purpose of this paper is to study the trajectory tracking problem of a multi-node flexible lander with unknown flexible coefficient and space disturbance.
Design/methodology/approach
To facilitate the stability analysis, this paper constructs a simplified dynamic model of the multi-node flexible lander. By introducing the nonlinear transformation, a concurrent learning-based adaptive trajectory tracking guidance law is designed to ensure tracking performance, which uses both real-time information and historical data to estimate the parameters without persistent excitation (PE) conditions. A data selection algorithm is developed to enhance the richness of historical data, which can improve the convergence rate of the parameter estimation and the guidance performance.
Findings
Finally, Lyapunov stability theory is used to prove that the unknown parameters can converge to their actual value and, meanwhile, the closed-loop system is stable. The effectiveness of the proposed algorithm is further verified through simulations.
Originality/value
This paper provides a new design idea for future asteroid landers, and a trajectory tracking controller based on concurrent learning and preset performance is first proposed.
Details
Keywords
Malan Huang, Minghui Hua, Jin Li and Yanqi Han
As an important engine of economic growth, the digital economy is bringing new opportunities for the promotion of entrepreneurship. However, key questions regarding the extent of…
Abstract
Purpose
As an important engine of economic growth, the digital economy is bringing new opportunities for the promotion of entrepreneurship. However, key questions regarding the extent of the effect of the digital economy on entrepreneurship remain unanswered. This study examines how the digital economy influences entrepreneurship in China using provincial data from 2011–2020, applying convergence tests and spatial econometric models.
Design/methodology/approach
Based on theoretical analysis and using macro provincial data covering the period of 2011–2020, we adopt a diversified empirical analytical method and apply a combination of the convergence trend test, spatial auto correlation test, and spatial Durbin model to test the research hypotheses.
Findings
First, there is spatial correlation between the digital economy and entrepreneurship. Second, the overall trend of China’s digital economy shows s convergence, with the whole country and the eastern region showing absolute β convergence and the whole country as well as the central and western regions showing β conditional convergence. Third, the digital economy can significantly promote entrepreneurship and has spatial spillover effects. Moreover, higher education has a negative moderating effect on the process of digital economy empowering entrepreneurship.
Research limitations/implications
Studying the spatially correlated impacts of the digital economy on entrepreneurship enhances our understanding of its contribution to economic growth. Policy-makers can use these findings to develop targeted digital infrastructure investments in lagging provinces, guide entrepreneurs to better grasp the opportunities of the digital economy, and provide support for innovation and entrepreneurship. The findings also could offer Chinese experience that can be used to guide developing countries in utilizing the digital economy to enable entrepreneurship.
Originality/value
This paper expands and enriches the analytical focus on digital economy-empowered entrepreneurship and complements the current theoretical research on the moderating effect of the digital economy in empowering entrepreneurship.
Details