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– This research aims to compare website-based investor relations (WIR) in developed and developing economies, represented by the US, UK, Hong Kong and mainland China.
Abstract
Purpose
This research aims to compare website-based investor relations (WIR) in developed and developing economies, represented by the US, UK, Hong Kong and mainland China.
Design/methodology/approach
A WIR level evaluation index consisting of 82 items was constructed, based on website content analysis. Item discrepancies caused by local contexts were considered in order to make the items applicable to all economies. Data were collected from the websites of companies listed in the Dow Jones Industry Average, the biggest 30 companies on the FTSE100, Hang Seng Index and China CNINFO40. The WIR levels of developed and developing economies were evaluated and compared under the index system. T-tests of differences between means were used to evaluate significance.
Findings
Listed companies' WIR levels were very similar between Hong Kong and mainland China as well as between the US and UK, but companies listed in the US and UK have a much higher level of WIR. The differences of WIR between developed and developing economies were very significant. Developed economies' WIR show many advanced features such as using real-time and being more complete, convenient, user-friendly, accurate and fair.
Originality/value
As a comparative study of WIR between developed and developing economies, the study is among the first in this field, especially in including mainland China.
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Keywords
Chunqiu Xu, Fengzhi Liu, Yanjie Zhou, Runliang Dou, Xuehao Feng and Bo Shen
This paper aims to find optimal emission reduction investment strategies for the manufacturer and examine the effects of carbon cap-and-trade policy and uncertain low-carbon…
Abstract
Purpose
This paper aims to find optimal emission reduction investment strategies for the manufacturer and examine the effects of carbon cap-and-trade policy and uncertain low-carbon preferences on emission reduction investment strategies.
Design/methodology/approach
This paper studied a supply chain consisting of one manufacturer and one retailer, in which the manufacturer is responsible for emission reduction investment. The manufacturer has two emission reduction investment strategies: (1) invest in traditional emission reduction technologies only in the production process and (2) increase investment in smart supply chain technologies in the use process. Then, three different Stackelberg game models are developed to explore the benefits of the manufacturer in different cases. Finally, this paper coordinates between the manufacturer and the retailer by developing a revenue-sharing contract.
Findings
The manufacturer's optimal emission reduction strategy is dynamic. When consumers' low-carbon preferences are low and the government implements a carbon cap-and-trade policy, the manufacturer can obtain the highest profit by increasing the emission reduction investment in the use process. The carbon cap-and-trade policy can encourage the manufacturer to reduce emissions only when the initial carbon emission is low. The emission reduction, order quantity and the manufacturer's profit increase with the consumers' low-carbon preferences. And the manufacturer can adjust the emission reduction investment according to the emission reduction cost coefficient in two processes.
Originality/value
This paper considers the investment of emission reduction technologies in different processes and provides theoretical guidance for manufacturers to make a low-carbon transformation. Furthermore, the paper provides suggestions for governments to effectively implement carbon cap-and-trade policy.
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Keywords
Lina Si, Yan Pan, Xiaoqing Zhang, Jie Wang, Jia Yao, Yanjie Wang, Fengbin Liu and Feng He
This paper aims to clarify the effects of metallic nanoparticles (NPs) additives and room temperature ionic liquids (ILs) on the tribological performance of electric contacts.
Abstract
Purpose
This paper aims to clarify the effects of metallic nanoparticles (NPs) additives and room temperature ionic liquids (ILs) on the tribological performance of electric contacts.
Design/methodology/approach
Tribological properties of copper (Cu) and silver (Ag) NPs as lubricant additives in different lubricants of ILs or polyalphaolefin (PAO) oils under applied electric currents were investigated. After tribological tests, morphologies of worn surfaces were observed; meanwhile, lubrication and anti-wear properties were analyzed.
Findings
The mixture solution of the IL and Cu NPs showed desirable lubrication and anti-wear properties due to the reduction of electrocorrosion and the enhancement of rolling effects of particles in the contact region. The anti-wear performance of Cu NPs is better than that of Ag NPs due to the difference in the particle size. The PAO oil with the Cu NPs additives showed poor lubrication properties due to the low solubility of the particles in the oil. When the direction of applied current was changed, the friction of the lubricant with better conductivity was more stable in the variation trend.
Originality/value
This paper begins with a study of tribological properties of Cu and Ag NPs as lubricant additives in different lubricants of IL or PAO oils under applied electric currents. The authors then propose several methods and possible solutions which could be implemented to improve the tribological performance of electric contacts.
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Keywords
Weihua Liu, Yanjie Liang, Xiaoran Shi, Peiyuan Gao and Li Zhou
The review aims to facilitate a broader understanding of platform opening and cooperation and points out potential research directions for scholars.
Abstract
Purpose
The review aims to facilitate a broader understanding of platform opening and cooperation and points out potential research directions for scholars.
Design/methodology/approach
This study searches Web of Science (WOS) database for relevant literature published between 2010 and 2021 and selects 86 papers for this review. The selected literature is categorized according to three dimensions: the strategic choice of platform opening and cooperation (before opening), the construction of an open platform (during opening) and the impact of platform opening and cooperation (after opening). Through comparative analysis, the authors identify research gaps and propose four future research agendas.
Findings
The study finds that the current studies are fragmented, and a research system with a theoretical foundation has not yet formed. In addition, with the development of platform operations, new topics such as platform ecosystems and open platform governance have emerged. In short, there is an urgent need for scholars to conduct exploratory research. To this end, the study proposes four future research agendas: strengthen basic research on platform opening and cooperation, deeply explore the dynamic evolution and cutting-edge models of platform opening and cooperation, analyze potential crises and impacts of platform openness and strengthen research on open platform governance.
Originality/value
This is the first systematic review on platform opening and cooperation. Through categorizing literature into three dimensions, this article clearly shows the research status and provides future research avenues.
Details
Keywords
Xin Wang, Jie Yan, Dongzhu Feng, Yonghua Fan and Dongsheng Yang
This paper aims to describe a novel hybrid inertial measurement unit (IMU) for motion capturing via a new configuration of strategically distributed inertial sensors, and a…
Abstract
Purpose
This paper aims to describe a novel hybrid inertial measurement unit (IMU) for motion capturing via a new configuration of strategically distributed inertial sensors, and a calibration approach for the accelerometer and gyroscope sensors mounted in a flight vehicle motion tracker built on the inertial navigation system.
Design/methodology/approach
The hybrid-IMU is designed with five accelerometers and one auxiliary gyroscope instead of the accelerometer and gyroscope triads in the conventional IMU.
Findings
Simulation studies for tracking with both attitude angles and translational movement of a flight vehicle are conducted to illustrate the effectiveness of the proposed method.
Originality/value
The cross-quadratic terms of angular velocity are selected to process the direct measurements of angular velocities of body frame and to avoid the integration of angular acceleration vector compared with gyro-free configuration based on only accelerometers. The inertial sensors are selected from the commercial microelectromechanical system devices to realize its low-cost applications.
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Keywords
Yanjie Chen, Weiwei Zhan, Yibin Huang, Zhiqiang Miao and Yaonan Wang
This paper aims to investigate the distributed formation control problem for a multi-quadrotor unmanned aerial vehicle system without linear velocity feedbacks.
Abstract
Purpose
This paper aims to investigate the distributed formation control problem for a multi-quadrotor unmanned aerial vehicle system without linear velocity feedbacks.
Design/methodology/approach
A nonlinear controller is proposed based on the orthogonal group SE(3) to obviate singularities and ambiguities of the traditional parameterized attitude representations. A cascade structure is applied in the distributed controller design. The inner loop is responsible for attitude control, and the outer loop is responsible for translational dynamics. To ensure a linear-velocity-free characteristic, some auxiliary variables are introduced to construct virtual signals in distributed controller design. The stability analysis of the proposed distributed control method by the Lyapunov function is provided as well.
Findings
A group of four quadrotors with constant reference linear velocity and a group of six quadrotors with varying reference linear velocity are adopted to verify the effectiveness of the proposed strategy.
Originality/value
This is a new innovation for multi-robot formation control method to improve assembly automation.
Details
Keywords
Weihua Liu, Yanjie Liang, Shuang Wei and Peng Wu
This study explores the influencing factors of smart logistics ecological chain's (SLEC's) organizational collaboration and designs a corresponding conceptual framework.
Abstract
Purpose
This study explores the influencing factors of smart logistics ecological chain's (SLEC's) organizational collaboration and designs a corresponding conceptual framework.
Design/methodology/approach
The multi-case study is applied to this paper. Specifically, this study is a combination of exploratory and explanatory case studies.
Findings
The findings are threefold. First, empowerment capability and the information-sharing level are unique factors that affect SLEC's organizational collaboration. Second, greater empowerment capability stimulates the increase of information-sharing level. Third, emerging digital technology, personalized demand and peer competition affect the degree of SLEC's organizational collaboration through an intermediary variable – empowerment capability. Specifically, the emerging digital technology application and peer competition degrees have positive effects on empowerment capability, while the demand personalization degree negatively (positively) affects empowerment capability in the short (long) term.
Originality/value
As an important part of supply chain performance, organizational collaboration is receiving more attention. However, in the smart economy context, no theoretical framework exists for analyzing factors that affect the organizational collaboration degree of SLEC. This study fills this gap.
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Keywords
Ellen Efron Pimentel and Jinyun Liu
In this paper, we model histories of coresidence between two cohorts of urban Chinese couples, married during the Cultural Revolution and early market reform periods. Most…
Abstract
In this paper, we model histories of coresidence between two cohorts of urban Chinese couples, married during the Cultural Revolution and early market reform periods. Most research on coresidence pictures families cross‐sectionally, but nuclear households are a natural part of extended coresidence systems that prefer stem family arrangements. We study histories of coresidence to determine what predicts ever having coresided with the husband’s parents, comparing the predictive power of modernization theory to the impact of demographic change, the availability of household members, and the resources and needs of each generation. While married children’s needs for childcare do not propel them into coresidence, they strongly predict the likelihood of staying coresident.
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Keywords
Weihua Liu, Yang He, Yanjie Liang and Ming Kim Lim
This study explores the factors that influence platform-to-platform cooperation (PPC) and designs a theoretical framework for platform research.
Abstract
Purpose
This study explores the factors that influence platform-to-platform cooperation (PPC) and designs a theoretical framework for platform research.
Design/methodology/approach
This multi-case study includes a combination of exploratory and explanatory case studies.
Findings
From the internal factor perspective, channel integration capability, technology-based order matching capability and service innovation capability positively affects the PPC. From the perspective of external factors, the impact of a new platform entry on the PPC depends on market power and complementarities between platforms in the supply and value chains. Diversity of demand also has a positive effect on the PPC, which is moderated by network externalities. It is worth noting that the incumbent platform prefers to diversify its services for collaborating platforms with a higher level of cooperation. In addition, the higher diversity of demand, the stronger the service innovation capability, which indirectly impacts cooperation positively.
Originality/value
The PPC has gained immense popularity in recent years. However, no scholars have investigated the factors influencing the PPC decisions, which warrants further exploration. This study sheds light on the factors and mechanisms that influence the PPC from both internal and external perspectives.
Details
Keywords
Weihua Liu, Yanjie Liang, Ming K. Lim, Shangsong Long and Xiaoran Shi
This study explores the influencing factors of smart supply chain innovation (SSCI) for going global companies and designs a theoretical framework.
Abstract
Purpose
This study explores the influencing factors of smart supply chain innovation (SSCI) for going global companies and designs a theoretical framework.
Design/methodology/approach
This paper is a multi-case study that includes a combination of exploratory and explanatory case studies.
Findings
First, the authors find that SSCI is embodied in product development and supply chain empowerment, which represent exploitative innovation and explorative innovation, respectively. Meanwhile, supply chain empowerment has a positive impact on product development. Second, the going global policy affects the transformation of supply chain empowerment to SSCI practices. Third, in terms of exploitative innovation, personalized demand positively affects SSCI through product development. Finally, explorative innovation, including emerging technology application and supply chain ecologicalization, has a positive effect on supply chain empowerment and thereby affects SSCI.
Originality/value
Supply chain innovation in the context of a smart economy has gained great popularity. This study sheds light on the influencing factors and mechanisms of SSCI from the exploitative and explorative aspects of innovations.
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