Tawfik Guesmi and Badr M. Alshammari
Low-frequency oscillations of 0.1 to 3 Hz are prejudicial to the power system stability. Within this context, this study aims to present an improved artificial bee colony…
Abstract
Purpose
Low-frequency oscillations of 0.1 to 3 Hz are prejudicial to the power system stability. Within this context, this study aims to present an improved artificial bee colony (ABC)-based algorithm for optimal setting of multimachine power system stabilizers (PSSs) under several loading conditions simultaneously.
Design/methodology/approach
The proposed approach symbolized by GCABC incorporates the grenade explosion technique and the Cauchy operator in the employed bee and onlooker bee phases to avoid random search. The parameters of the grenade explosion method and Cauchy operator based ABC(GCABC)-based PSSs (GCABC-PSSs) are tuned to place all undamped and lightly damped electromechanical modes in a prespecified zone in the s-plan.
Findings
Simulation results based on eigenvalue analysis and nonlinear time-domain simulation show the potential and the dominance of the proposed controllers GCABC-PSSs in the improvement of the system stability under several disturbances and large set of operating points compared with the classical ABC method and genetic algorithm-based PSSs.
Originality/value
The novelty of the study is to efficiently implement a new optimization method called GCABC for an optimum design of PSSs. The design problem is formulated as a multi-objective optimization problem. In addition, all PSS parameters have been included in the space research.
Details
Keywords
Eman Ismail, Mohamed H. Elsharnouby and Mahmoud H. Abd Elaal
This study seeks to investigate the interrelationships among sector reputation, purchasing stock intention, sector engagement and attitude toward the sector. Moreover, it aims to…
Abstract
Purpose
This study seeks to investigate the interrelationships among sector reputation, purchasing stock intention, sector engagement and attitude toward the sector. Moreover, it aims to explore the moderating role of sector knowledge in the indirect relationship between sector reputation and purchasing stock intention, mediated by sector engagement and/or attitude toward the sector.
Design/methodology/approach
Drawing upon the theory of planned behavior, the research framework is empirically tested. A survey involving 300 potential and actual investors was conducted, representing individuals investing in tourism brands within the Egyptian stock market. The validity and reliability of the constructs were assessed using AMOS, while Hayes’s PROCESS macro was employed to examine the mediation and moderated mediation effects.
Findings
The findings reveal that sector reputation significantly influences sector engagement, attitude toward the sector and purchasing stock intention. Furthermore, the attitude toward the sector serves as an explanatory factor for investors’ propensity to purchase stocks of tourism brands. The study confirms the serial mediation effect of sector engagement and attitude toward the sector, respectively, in the relationship between sector reputation and purchasing stock intention. Additionally, it confirms the moderated mediation role of sector knowledge in the relationship between sector reputation and purchasing stock intention, mediated by attitude toward the sector.
Practical implications
The research outcomes suggest that executives in the tourism industry should identify key determinants to enhance purchasing stock intention by fostering greater sector engagement and fostering positive attitudes toward the tourism sector.
Originality/value
This study contributes to the existing literature by shedding light on the importance of maintaining a positive brand reputation and emphasizing the influential role of investors’ knowledge, engagement and attitude in shaping investment decisions in the stock market. These insights contribute to the understanding of investor behavior and have practical implications for organizations in managing their brand reputation and fostering positive customer–brand interactions in the stock market context, thus the current study was conducted.