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1 – 2 of 2Fangyi Yang, Jitao Guo, Xiangxin Kong, Chuyi Wang and Zhonghe Wang
In the context of green development in China, the circumstance in which Environmental, Social and Governance (ESG) ratings function has changed. As an important external…
Abstract
Purpose
In the context of green development in China, the circumstance in which Environmental, Social and Governance (ESG) ratings function has changed. As an important external governance mechanism of sustainable development, ESG ratings can also be a two-edged sword for the implementation of carbon emission reduction. This research examines the connection of ESG ratings and corporate carbon emission reduction in the context of green development. This present study postulates that the impact of ESG ratings on carbon emission reduction performance in the context of green development is inverted U-shaped.
Design/methodology/approach
To obtain empirical evidence for the hypotheses proposed, this study makes an empirical test based on the two-way fixed effects model. The data is taken from listed Chinese manufacturing firms between 2012 and 2021.
Findings
The study reveals that there is a significant inverted U-shape relationship between ESG ratings and carbon emission reduction performance in the context of green development. Managerial myopic behaviour plays a positive moderating role in the above relationship. In addition, it makes the inflection point of inverted U-shaped curve move to left. Heterogeneity analyses show that the above inverted U-shaped relationship is more significant for firms that don’t hire CEO with environmental protection background or big four accounting firms.
Originality/value
In the background of green development, this study helps to understand dual influence of ESG ratings on corporate carbon emission reduction deeply. It is beneficial to guide enterprises to utilize ESG ratings mechanism reasonably, thus enhancing the effectiveness of carbon emission reduction. This study provides decision-making reference for government to accelerate low-carbon transformation in microcosmic field.
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Jie Wu, Kang Wang, Ming Zhang, Leilei Guo, Yongpeng Shen, Mingjie Wang, Jitao Zhang and Vaclav Snasel
When solving the cogging torque of complex electromagnetic structures, such as consequent pole hybrid excitation synchronous (CPHES) machine, traditional methods have a huge…
Abstract
Purpose
When solving the cogging torque of complex electromagnetic structures, such as consequent pole hybrid excitation synchronous (CPHES) machine, traditional methods have a huge computational complexity. The notable feature of CPHES machine is the symmetric range of field-strengthening and field-weakening, but this type of machine is destined to be equipped with a complex electromagnetic structure. The purpose of this paper is to propose a hybrid analysis method to quickly and accurately solve the cogging torque of complex 3D electromagnetic structure, which is applicable to CPHES machine with different magnetic pole shapings.
Design/methodology/approach
In this paper, a hybrid method for calculating the cogging torque of CPHES machine is proposed, which considers three commonly used pole shapings. Firstly, through magnetic field analysis, the complex 3D finite element analysis (FEA) is simplified to 2D field computing. Secondly, the discretization method is used to obtain the distribution of permeance and permeance differential along the circumference of the air-gap, taking into account the effect of slots. Finally, the cogging torque of the whole motor is obtained by using the idea of modular calculation and the symmetry of the rotor structure.
Findings
This method is applicable to different pole shapings. The experimental results show that the proposed method is consistent with 3D FEA and experimental measured results, and the average calculation time is reduced from 8 h to 4 min.
Originality/value
This paper proposes a new concept for calculating cogging torque, which is a hybrid calculation of dimension reduction and discretization modules. Based on magnetic field analysis, the 3D problem is simplified into a 2D issue, reducing computational complexity. Based on the symmetry of the machine structure, a modeling method for discretized analytical models is proposed to calculate the cogging torque of the machine.
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