Guofu Wang, Yuhua Yang, Jiangong Cui, Wendong Zhang, Guojun Zhang, Renxin Wang, Pengcheng Shi and Hua Tian
In recent years, the incidence of cardiovascular disease has continued to rise, and early screening and prevention are especially critical. Phonocardiography (PCG) and…
Abstract
Purpose
In recent years, the incidence of cardiovascular disease has continued to rise, and early screening and prevention are especially critical. Phonocardiography (PCG) and electrocardiography (ECG), as simple, cost-effective and non-invasive tests, are important tools for clinical analysis. However, it is difficult to fully reflect the complexity of the cardiovascular system using PCG or ECG tests alone. Combining the multimodal signals of PCG and ECG can provide complementary information to improve the detection accuracy. Therefore, the purpose of this paper is to propose a multimodal signal classification method based on continuous wavelet transform and improved ResNet18.
Design/methodology/approach
The classification method is based on the ResNet18 backbone, and the ResNet18 network is improved by embedding the global grouped coordinate attention mechanism module and the improved bidirectional feature pyramid network. Firstly, a data acquisition system was built using a MEMS-integrated PCG-ECG sensor to construct a private data set. Second is the time-frequency transformation of PCG and ECG synchronized signals on public and private data sets using continuous wavelet transform. Finally, the time-frequency images are categorized.
Findings
The global grouped coordinate attention mechanism and bidirectional feature pyramid network modules proposed in this paper significantly enhance the model’s performance. On public data sets, the method achieves precision, sensitivity, specificity, accuracy and F1 score of 97.96%, 98.51%, 97.58%, 98.08% and 98.23%, respectively, which represent improvements of 3.54%, 3.92%, 4.18%, 4.03% and 3.72% compared to ResNet18. Additionally, it demonstrates a clear advantage over existing mainstream algorithms. On private data sets, the method’s five metrics are 98.15%, 98.76%, 98.08%, 98.42% and 98.45%, further validating the model’s generalization ability.
Originality/value
The method proposed in this paper not only improves the accuracy and efficiency of the test but also provides an effective solution for early screening and prevention of cardiovascular diseases.
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Chuanyan Qin, Pengcheng Wang and Shanshi Liu
Outsourcing has become a crucial avenue for companies to acquire external knowledge. To better understand how dual organizational supports influence the knowledge sharing behavior…
Abstract
Purpose
Outsourcing has become a crucial avenue for companies to acquire external knowledge. To better understand how dual organizational supports influence the knowledge sharing behavior of outsourced employees within triangular employment relationships, grounded in social exchange theory, this study explores the effect and mechanism of differentiation in perceived organizational support (DPOS) on knowledge sharing of outsourced employees.
Design/methodology/approach
A two-wave survey was conducted to test the hypotheses, and data were collected from 271 outsourced employees and their leaders (from client organizations) in 52 interorganizational teams.
Findings
Results show that DPOS positively affect the knowledge sharing of outsourced employees and has a stronger predictive value than that of client organizational support. Outsourced employees’ psychological ownership to the interorganizational team mediates this relationship. Task interdependence plays a positive cross-hierarchy moderating role in the relationship between DPOS and psychological ownership to the interorganizational team.
Practical implications
This research provides practical advice for support strategies of client and supplier organizations.
Originality/value
Results provide further understanding for outsourced employees’ psychological and behavioral mode in triangular employment contexts.
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Shijun Huang, Pengcheng Du and Yu Hong
With the continuous deepening of China's mixed-ownership reform, the participants in the reform have gradually expanded from state-owned enterprises to private enterprises…
Abstract
Purpose
With the continuous deepening of China's mixed-ownership reform, the participants in the reform have gradually expanded from state-owned enterprises to private enterprises. Whether state-owned equity participation in private enterprises can facilitate the development of environmental, social and governance (ESG) performance in private enterprises is a question that needs urgent examination. This study aims to investigate the impact of state-owned equity participation on the ESG performance of private enterprises.
Design/methodology/approach
Using Chinese listed companies as the research sample, this study uses econometric methods such as multiple regression to analyze the relationship between state-owned equity and the ESG performance of private enterprises. Additionally, it explores the underlying mechanisms and influencing factors of this relationship.
Findings
There is a significant inverted U-shaped relationship between state-owned equity and the ESG performance of private enterprises. Mechanism analysis reveals that resource effects and governance effects play a mediating role in this nonlinear relationship. Furthermore, the authors find that environmental regulation and managers' attention to the environment positively moderate the relationship between state-owned equity participation and ESG performance.
Practical implications
A reasonable equity structure is crucial for enhancing corporate ESG performance. Moderate state-owned equity participation helps to leverage resource integration and governance advantages, which will assist private enterprises in maximizing ESG performance and achieving sustainable development.
Social implications
In advancing the process of mixed-ownership reform, the government should maintain an appropriate proportion of state-owned equity to avoid excessive intervention in enterprise decision-making. At the same time, it should ensure that enterprises can genuinely undertake their social and environmental responsibilities while pursuing economic benefits. This is of great significance for promoting sustainable economic and social development.
Originality/value
This study integrates state-owned equity, ESG and nonlinear relationships into a single research framework. It explores the internal mechanisms and influencing factors of their relationship, overcoming the limitations of previous studies and provides a new perspective for understanding the impact of state-owned equity on corporate ESG performance.
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Zefeng Bai, Pengcheng Wang and Miaoqing Jia
In this paper, we empirically investigate how crypto investments in times of economic downturn would affect credit card usage, a widely used payment method that has a significant…
Abstract
Purpose
In this paper, we empirically investigate how crypto investments in times of economic downturn would affect credit card usage, a widely used payment method that has a significant impact on individual financial well-being.
Design/methodology/approach
We carry out an ordinary least squares regression analysis and an instrumental variable design on data from the most recent National Financial Capability Study 2021 (NFCS2021). The NFCS2021 collects information about various demographic and financial backgrounds of US adults.
Findings
We find that crypto investments are associated with a significantly higher likelihood of credit card misuse, as indicated by making only the minim um payments, late payments and using credit cards for cash advances. Meanwhile, social media use is a strong predictor of crypto investments. Results from our analysis are robust after accounting for endogeneity concerns using an instrumental variable design.
Originality/value
Our findings provide new insights into the influence of emerging financial instruments on delinquent credit card behaviors, which can further intensify individual and household financial instability during periods of market stress. Furthermore, our findings underscore the necessity of improving individual awareness of the high-risk characteristics of cryptocurrencies, despite their increasing popularity in the financial marketplace in the current financial marketplace.
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Yuanzhen Chu, Weipeng Sun, Pengcheng Mou, Qiuyu Lin, Yong Jiang and Shuangxi Wang
Steel structures are easily corroded under coastal atmospheric environment due to high humidity and high saltwater spray. To extend service life of steel structure infrastructure…
Abstract
Purpose
Steel structures are easily corroded under coastal atmospheric environment due to high humidity and high saltwater spray. To extend service life of steel structure infrastructure, it is necessary to remove rust and apply paint on the steel structure once a year. However, existing wall-climbing sandblasting robots are difficult to work on narrow steel beams and cause serious environmental pollution. The purpose of this study is to design a robot that can effectively remove rust from narrow steel beams and reduce environmental impact to extend the service life of steel structure infrastructure.
Design/methodology/approach
The heavy-duty wall-climbing robot designed in this study can effectively solve the above problems. The robot achieves adjustable magnetic adsorption force of the permanent magnet adsorption through a novel switch design and can work flexibly and stably on narrow steel beams through a worm-like internal and external alternating motion structure. In addition, it is equipped with a sandblasting recovery device to reduce environmental pollution.
Findings
The on-site test results on steel beams show that trust removal level can reach Sa2.0. The recovery rate of sandblasting and rust removal is close to 95%. The robot can carry a 40 kg sandblasting equipment and move at a speed greater than 40 cm/min, indicating that it can efficiently complete the rust removal work of narrow steel structures.
Originality/value
The originality lies in the design of the robot with features such as adjustable magnetic adsorption, special motion structure for narrow beams and a sandblasting recovery device. The value is that it can solve the problems of existing robots in working on narrow steel beams and environmental pollution and effectively extend the service life of steel structure infrastructure by efficiently removing rust.
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Akanksha Jain, Smita Kashiramka and Sonali Jain
The purpose of this study is to present the overall trend and dynamics in global mergers and acquisitions activity while suggesting future research avenues in this domain. The…
Abstract
Purpose
The purpose of this study is to present the overall trend and dynamics in global mergers and acquisitions activity while suggesting future research avenues in this domain. The analysis covers two aspects to examine the main contours of the domain, that is performance analysis followed by thematic cluster analysis.
Design/methodology/approach
Bibliometric analysis has been used for examining 1,433 publications extracted from the Scopus database to identify the research trend between 2000 and 2021. With the help of VosViewer (a bibliometric software), bibliographic coupling, citation, co-authorship, keyword and network analysis have been carried out.
Findings
The analysis reveals that most of the research on cross-border mergers and acquisitions (CBMA) is concentrated in the context of developed markets, USA and UK being the largest. Most of the research till date is confined to wealth effects, value creation, corporate governance, socio-cultural aspects and various determinants of CBMA, all from the standpoint of the acquirer.
Practical implications
The present study highlights numerous opportunities for future research based on empirical analysis. There exists a dearth of studies around CBMA in the context of emerging nations which provides a relatively unexplored field to carry out research work.
Originality/value
The study makes use of a comprehensive list of keywords to have an extensive analysis. This is a pioneering study that has used bibliographic coupling of documents for content analysis and to the best of authors’ knowledge, no previous works on cross-border acquisitions have performed bibliographic coupling for this.
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Sheng Liu, Xiao Lin and Xiuying Chen
This paper aims to reveal the green governance role played by stock connect in transition economies from the perspective of corporates’ environmental violations and provides…
Abstract
Purpose
This paper aims to reveal the green governance role played by stock connect in transition economies from the perspective of corporates’ environmental violations and provides implications for the coordination and optimization of subsequent stock market liberalization and green transformation policies in pursuit of carbon peaking and carbon neutrality goals.
Design/methodology/approach
With the data of Chinese listed enterprises, this paper takes the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect in China as a quasi-natural experiment and applies the multi-period difference-in-difference (DID) model to identify the impact of stock market liberalization on the corporates’ environmental violations.
Findings
The findings reveal that the stock market liberalization significantly restrains the corporates’ environmental violations. These findings are robust to a series of sensitivity tests, including excluding two-way effects, adjusting the year of policy implementation, replacing the core variables, introducing the regional fixed effects and excluding the interference effect of other relevant policies during the sample period. Furthermore, the stock market liberalization is beneficial for upgrading information disclosure quality, improving internal governance capability, strengthening environmental protection incentives, and thus restrains corporates’ environmental violations. Meanwhile, heterogeneity tests show that the inhibitory effects are more significant in those grouped samples which is large scale, state-owned nature, located in eastern region, with poor evaluation performances and heavy tax burden.
Originality/value
We make two marginal contributions to the current literature. First, this paper enriches the literature on the factors influencing corporate environmental violations by focusing on how the macro-level financial policy influences the micro-level corporate environmental violations. One the one hand, prior studies mainly focused on the consequences of corporate environmental violations; however, there is still a puzzle that the effect of stock market liberalization cannot be fully justified to influence corporate environmental violations. The findings help explain this puzzle by examining that stock market liberalization can restrain corporate environmental violations. Moreover, prior studies mainly focused on corporate share price (Yunsen Chen et al., 2022), market liquidity (Han Kim and Singal, 2000), information disclosure (Liang, Lin, and Chin 2012), corporate governance (Bae and Goyal, 2010) and corporate violations (Lingyun Xiong et al., 2021), but not on corporate environmental violations. We assume that the suppression effect of stock market liberalization on corporate environmental violations can help reduce corporate environmental violations, improve corporates’ awareness of environmental compliance. Second, this paper contributes to a better understanding of the literature on stock market liberalization by investigating the restraining effect of Stock Connect on corporate environmental violations from the perspective of information channel, corporate governance channel and motivation channel, which is of practical significance. Moreover, we investigate the differences in the inhibitory effects of stock market liberalization on different enterprises' environmental violations, from firm size, property rights, enterprise assessment results, tax burden to geographical location, which is conducive to the construction of a green financial system and the promotion of sustainable economic development. Our results show that firms which are large scale, state-owned nature, located in eastern region, with poor evaluation performances and heavy tax burden tend to compliance with environmental laws. These findings emphasize the importance and benefits of Stock Connect.