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1 – 10 of 12This 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.
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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.
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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.
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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.
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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.
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Jiahe Wang, Yanbin Tan, Huajian Li, Xinhua Zhong, Jiaxuan Wang and Yu Gao
This study aims to analyze the impact mechanism of typical environments in China's western mountainous areas on the durability of railway concrete and propose measures to improve…
Abstract
Purpose
This study aims to analyze the impact mechanism of typical environments in China's western mountainous areas on the durability of railway concrete and propose measures to improve durability.
Design/methodology/approach
With the continuous promotion of infrastructure construction, the focus of China's railway construction has gradually shifted to the western region. The four typical environments of large temperature differences, strong winds and dryness, high cold and low air pressure unique to the western mountainous areas of China have adverse effects on the durability of typical railway structure concrete (bridges, ballastless tracks and tunnels). This study identified the characteristics of four typical environments in the western mountainous areas of China through on-site research. The impact mechanism of the four typical environments on the durability of concrete in different structural parts of railways has been explored through theoretical analysis and experimental research; Finally, a strategy for improving the durability of railway concrete suitable for the western mountainous areas of China was proposed.
Findings
The daily temperature difference in the western mountainous areas of China is more than twice that of the plain region, which will lead to significant temperature deformation and stress in the multi-layered structure of railway ballastless tracks. It will result in cracking. The wind speed in the western plateau region is about 2.5 to 3 times that of the plain region, and the average annual rainfall is only 1/5 of that in the plain region. The drying effect on the surface of casting concrete will significantly accelerate its cracking process, leading to serious durability problems. The environmental temperature in the western mountainous areas of China is generally low, and there are more freeze-thaw cycles, which will increase the risk of freeze-thaw damage to railway concrete. The environmental air pressure in the western plateau region is only 60% of that in the plain region. The moisture inside the concrete is more likely to diffuse into the surrounding environment under the pressure difference, resulting in greater water loss and shrinkage deformation of the concrete in the plateau region. The above four issues will collectively lead to the rapid deterioration of concrete durability in the western plateau region. The corresponding durability improvement suggestions from theoretical research, new technology development and standard system was proposed in this paper.
Originality/value
The research can provide the mechanism of durability degradation of railway concrete in the western mountainous areas of China and corresponding improvement strategies.
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Weikang Zhang, Huiru Gu, Sainan Wu, Shusen Zhong, Jing Yang, Huiqin Luan and Qi Li
The purpose of this paper is to optimize the degradation test for products subject to multiple types of inherent stresses and external random shocks. The mechanism that shows how…
Abstract
Purpose
The purpose of this paper is to optimize the degradation test for products subject to multiple types of inherent stresses and external random shocks. The mechanism that shows how the variables to be optimized influence the considered multiple objectives is also aimed to be explored by using the grey incidence analysis (GIA) model.
Design/methodology/approach
The Gamma process is employed to model the influences of different types of stresses and external random shocks. The GIA model is introduced to transfer multiple considered objectives as a comprehensive degree of grey incidence. The particle swarm optimization is integrated to search the globally optimal value of the characteristic variables to be optimized.
Findings
The acceleration of tested stresses and external random shocks both make the engineering systems become more vulnerable to the inherent degradation. And, the Kriging model can provide guidance of searching the optimal values of test characteristic variables and mitigate the computation burden. The grey incidence model can make the optimization focused and improve the optimality of objective values.
Originality/value
The proposed method can effectively overcome the drawbacks brought by the limitation of test data and can specify the dependence strength between the inherent degradation and external random shock. The computation cost and accuracy of optimization can be simultaneously ensured by the proposed model.
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Minghong Chen, Xiumei Huang and Xianjun Qi
In the paradox of personalized services and privacy risks, what factors influence users’ decisions is considered an interesting issue worth exploring. The current study aims to…
Abstract
Purpose
In the paradox of personalized services and privacy risks, what factors influence users’ decisions is considered an interesting issue worth exploring. The current study aims to empirically explore privacy behavior of social media users by developing a theoretical model based on privacy calculus theory.
Design/methodology/approach
Privacy risks, conceptualized as natural risks and integrated risks, were proposed to affect the intention of privacy disclosure and protection. The model was validated through a hybrid approach of structural equation modeling (SEM)-artificial neural network (ANN) to analyze the data collected from 527 effective responses.
Findings
The results from the SEM analysis indicated that social interaction and perceived enjoyment were strong determinants of perceived benefits, which in turn played a dominant role in the intention to disclose the privacy in social media. Similarly, trust and privacy invasion experience were significantly related to perceived risks that had the most considerable effect on users’ privacy protection intention. And the following ANN models revealed consistent relationships and rankings with the SEM results.
Originality/value
This study broadened the application perspective of privacy calculus theory to identify both linear and non-linear effects of privacy risks and privacy benefits on users’ intention to disclose or protect their privacy by using a state-of-the-art methodological approach combining SEM and ANN.
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Daud Khan, Manoj Kumar Verma and Mayank Yuvaraj
There have been numerous publications on human monkeypox since it was reported. With the help of bibliometric analysis, this study examined research hotspots and future trends…
Abstract
Purpose
There have been numerous publications on human monkeypox since it was reported. With the help of bibliometric analysis, this study examined research hotspots and future trends related to human monkeypox. Science mapping was used in this study to identify influential monkeypox researchers, institutions, articles, keywords, thematic structures, and clusters of articles.
Design/methodology/approach
Based on a validated search query, bibliometric analysis of data collected from Web of Science from 1989 to September 2022 was conducted. Using the “Title-Keyword-Abstract” search option, the search query consisted of keywords “Monkeypox” OR “Monkeypox virus” OR “monkeypox” OR “monkey pox” OR “MPXV.” With the state-of-the-art tools Bibliometrix package of R Studio and VOSviewer, performance analysis and science mapping, as a part of standard bibliometric research of monkeypox research were conducted.
Findings
Researchers published 708 monkeypox papers from 1989 to September 2022, with American researchers publishing 460 papers. Further, USA had the highest international cooperation in terms of collaborative research output. Centers for Disease Control and Prevention (CDC) is a global leader in monkeypox research since it is the most prolific and collaborative organization. There have been the most published papers on monkeypox in the Journal of Virology. Damon Inger K is also the most prolific and influential researcher in monkeypox research, with the highest number of publications and citations. In total, 1,679 keywords were identified in the study. From the cluster analysis four themes were identified in monkeypox research. They are (1) clinical features, (2) monkeypox virus epidemiology, (3) monkeypox virus vaccine defense, and (4) monkeypox virus-related treatment measures.
Originality/value
Analysis of collaboration, findings, networks of research, and visualization separates this study from traditional metrics analysis. Currently, there are no similar studies with similar objectives based on the authors' knowledge.
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