James G.S. Yang and Frank J. Aquilino
The accounting standards for consolidated financial statements have been updated recently. The change involves the measurement of goodwill and noncontrolling interest. Under the…
Abstract
Purpose
The accounting standards for consolidated financial statements have been updated recently. The change involves the measurement of goodwill and noncontrolling interest. Under the new accounting standards, goodwill consists of not only the parent company’s portion but also the noncontrolling interest’s share. The noncontrolling interest comprises both the subsidiary’s identifiable net assets and goodwill. In addition, it further changes the treatment of noncontrolling interest from liability to equity. The change indeed has far-reaching consequences on financial statements. This paper formulates an equation to measure goodwill and noncontrolling interest. It also provides some examples for illustrative purposes. The purpose of this paper is to update the financial reporting to the current standards.
Design/methodology/approach
New accounting standards under FASB #141R and 160.
Findings
New accounting standards in measuring goodwill and noncontrolling interest in financial reporting.
Research limitations/implications
The knowledge is useful for accountants and financial analysts.
Practical implications
Improve the quality of financial statements.
Social implications
Investors will be better informed.
Originality/value
This new accounting standard was not explored before.
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Xiaoman Zhou, Yaou Hu, Yaoqi Li and Biyan Wen
Promoting interns’ organizational socialization has become an urgent concern for the hotel industry. Building on career construction theory, this study aims to use a time-lagged…
Abstract
Purpose
Promoting interns’ organizational socialization has become an urgent concern for the hotel industry. Building on career construction theory, this study aims to use a time-lagged design to investigate the interrelationships among perceived organizational support (POS), psychological capital and organizational socialization and their consequent effects on interns’ intention to stay in the hotel industry.
Design/methodology/approach
Panel data were obtained in three waves from hotel interns from 21 upscale hotels located in 13 cities in China with a time lag of 10 weeks (N = 369). The structural equation modeling was used for data analysis.
Findings
POS has a significantly positive effect on interns' psychological capital. Additionally, both POS and psychological capital contribute to the intention to stay in the hotel industry through the mediation of organizational socialization.
Practical implications
Hotels should communicate with interns more explicitly, provide assistance programs to alleviate uncertainty and reward interns on their excellent service performance to improve POS. Moreover, setting up psychological capital programs and empowering interns to be involved in task development is beneficial for enhancing psychological capital. Hotels should also consider mentoring as a socialization approach. Further, career planning and counseling programs should be provided for interns’ long-term hospitality career development.
Originality/value
A time-lagged research method is adopted to provide a new approach to improve interns’ intention to stay in the hotel industry from the interactionist perspective. This study enriches research about psychological capital, POS and organizational socialization.
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The purpose of this paper is to present design and analysis of a novel earpiece‐less eyeglass frame.
Abstract
Purpose
The purpose of this paper is to present design and analysis of a novel earpiece‐less eyeglass frame.
Design/methodology/approach
A virtual assembly process was used to test the part design and finally a prototype was built to check the design.
Findings
Earpiece‐less eyeglasses are easier to adjust for higher comfort levels and do not incorporate leg hinges compared to traditional eye‐glasses. This novel design is unique and will be in mass production.
Originality/value
This paper presents a novel earpiece‐less eyeglasses frame design and will have significant impact to the market.
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Yuanwang Yang, Jingye Cai and Jose Schutt‐Aine
Spurious frequencies (spurs) resulting from phase truncation are one of the main signal integrity issues for direct digital synthesizers (DDS). The standard approach in DDS design…
Abstract
Purpose
Spurious frequencies (spurs) resulting from phase truncation are one of the main signal integrity issues for direct digital synthesizers (DDS). The standard approach in DDS design consists of truncating the phase word output from the phase accumulator, in order to minimize the size of the lookup table. This process generates spurs and degrades the quality of signals at the output of a DDS. In principle, since the bit width of the digital‐to‐analog converter (DAC) is narrower than that of the lookup table, the latter can be compressed without using phase truncation. The purpose of this paper is to propose a novel spur‐free truncation method for compressing the sine lookup table in a DDS structure.
Design/methodology/approach
In this paper, a novel spur‐free truncation method for compressing the sine lookup table in a DDS structure is proposed. First, the paper discusses the origins of spurs in direct digital synthesizers; next, methods for avoiding large sine lookup tables are analyzed to help generate spur‐free outputs via truncation.
Findings
By introducing a comparator and an adder into the traditional DDS architecture, the sine lookup table can be compressed without significant hardware change in the design. Simulation results using MATLAB and implementation results on FPGA evaluation platform show that the novel structure can eliminate the truncation spurs without increasing the size of the lookup table. Previous works on compression algorithm of lookup table are still available to the novel structure.
Originality/value
A novel approach for the reduction in size of digital synthesizer lookup table is proposed in this work. Size reduction is achieved without producing truncation spurs. The method exploits the property that the bit width of a DAC will generally be smaller than the bit width of a phase accumulator. A comparator or an adder are introduced to the traditional structure of a DDS to help achieve the size compression. Simulations in MATLAB verified that the novel structure can eliminate truncation spurs in the output signal without increasing the size of the lookup table.
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The purpose of this paper is to introduce the performance of traditional collision resolution algorithm (CRA) under self‐similar traffic and present a prediction‐based CRA for…
Abstract
Purpose
The purpose of this paper is to introduce the performance of traditional collision resolution algorithm (CRA) under self‐similar traffic and present a prediction‐based CRA for wireless media access. With experimentations, the method is there after evaluated.
Design/methodology/approach
The traditional traffic models are mostly based on “Poisson” model or “Bernoulli” process, but recent decade traffic measurements found the coexistence of both long‐ and short‐range dependence in network traffic. On the other hand, CRA is an effective strategy to improve the performance of multiple access protocol and it achieves the highest capacity among all known multiple access protocols under the Poisson traffic model. In this paper, a CRA model is built on OPNET to study the effects of different traffic traces such as the fractional autoregressive integrated moving average process with non‐Gaussian white driving sequence and the real traffic data that are captured at a well‐attended ACM Conference. The performance is compared of traditional CRA based on the self‐similar traffic model and Poisson model and a novel CRA based on time – series prediction theory under self‐similar traffic models is designed.
Findings
The traditional Poisson traffic model gets the best performance under traditional CRA, while the self‐similar traffic performance under traditional CRA is too poor to be applied in an actual network environment. For example, the Poisson traffic model obtains the biggest throughput, the smallest delay and smallest collision resolution numbers under traditional CRA. This paper demonstrates the first‐come first‐serve (FCFS) must be improved under self‐similar traffic models. The novel collision resolution strategy‐based prediction can provide better performance under self‐similar traffic. The parameters of performance, such as throughput, delay and collision resolution numbers, are better than the traditional CRA.
Originality/value
This paper presents a prediction‐based CRA for self‐similar traffic which is the combination of the FCFS and the prediction theory and also provides a new method to resolve packets colliding.
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This paper studies how Chinese consumers respond to foreign goods in the post‐WTO era. Specifically, it examines brand sensitivity as a mediator and product cues as moderator of…
Abstract
This paper studies how Chinese consumers respond to foreign goods in the post‐WTO era. Specifically, it examines brand sensitivity as a mediator and product cues as moderator of purchase intention. Additionally, it examines consumer preferences for different products and consumption plans for the subsequent five years. The survey sample is drawn from a population of foreign product users from 34 cities in 18 provinces in China. Results provide evidence that brand sensitivity mediates the relationship between consumer ethnocentrism and purchase intention; product cues moderate the effect of ethnocentrism on purchase intention. As the first study to link consumer ethnocentrism directly to brand sensitivity and purchase intention, this research provides some managerial implications. Global marketers can offset the negative effect of ethnocentrism by emphasizing brand image of its products, taking advantage of specific product cues, or by providing more comprehensive after‐sale service to reduce the perceived risk of purchasing imports. Also, price is still a hurdle that prevents Chinese consumers from mass consumption of foreign products. Global firms should not overestimate the purchasing power of Chinese consumers. This study represents a “snapshot” of Chinese consumers’ decision making at a time when their economic system is undergoing rapid change.
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Jing Wang, Miao Wu and Chengqiang Cui
The purpose of this paper is to present a clear picture of the key factors of blind via and through hole filling in electroplating, e.g. shape of via or hole, electroplating…
Abstract
Purpose
The purpose of this paper is to present a clear picture of the key factors of blind via and through hole filling in electroplating, e.g. shape of via or hole, electroplating solution, process, as well as the developments of mechanisms and models.
Design/methodology/approach
First, the paper details the development trends and challenges of via filling. Then the research status of mechanisms, electroplating solutions, including base solution and additives, numerical model and mass transfer is described. Finally, through hole filling is briefly reviewed.
Findings
To achieve excellent via filling performance, the characteristics of the via or hole, the ratio of acid/copper, selection of additives and factors of mass transfer are comprehensively considered in terms of optimization of the electroplating process. It is beneficial to design vias with appropriate aspect ratios, to strengthen the adsorption of the accelerator in the via bottom, to inhibit the increase of surface copper thickness and to form butterfly-shaped copper in the centre of through holes. Optimized process parameters should be taken into consideration in superfilling.
Originality/value
The paper reviews different sets of additives, mechanisms and superfilling models for state-of-the-art via filling and the developments of filling for through holes.
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Optimizing manufacturing processes addresses operational challenges and yields significant benefits across the business spectrum. This study aims to comprehensively analyze a…
Abstract
Purpose
Optimizing manufacturing processes addresses operational challenges and yields significant benefits across the business spectrum. This study aims to comprehensively analyze a manufacturing process through value stream mapping (VSM), aiming to streamline operations, reduce production lead times and minimize work-in-process (WIP) inventory levels. These improvements directly enhance competitiveness, customer satisfaction and overall business success, enabling a swift response to market demands, timely delivery of high-quality products and cost-effectiveness.
Design/methodology/approach
The approach integrates current and future-state VSM concepts with Lean tools across four stages: problem definition, current-state VSM analysis, future-state VSM design and improvement implementation. A team assembled to improve the manufacturing process for electronic devices has successfully implemented this approach.
Findings
Implemented improvements significantly reduced WIP inventory (88.8% equivalent to $572,171 annually) and production lead time (from 28.26 to 3.21 days), enhancing operational flexibility and competitiveness. Streamlined processes led to a 13% decrease in cycle time and a notable reduction in daily rework (63.6%), amounting to $118,127 annually. Labor reduction (45.5%) yielded annual savings of approximately $594,000, with affected individuals successfully transitioning to other roles, highlighting the effectiveness of lean methodologies without job cuts.
Originality/value
This initiative exemplifies the effective use of VSM and Lean tools in optimizing an electronic device manufacturing operation that produces 43 products across various processes. By leveraging these methodologies, this research offers valuable insights into enhancing production efficiency, resulting in shorter production lead times, reduced cycle times and significant decreases in WIP inventory and rework.