Conglai Fan, Xinlei Cai and Jian Lin
Starting from the theoretical mechanism of profit sharing between finance and the real economy, this paper reviews and analyzes the profitability of China's banking industry and…
Abstract
Purpose
Starting from the theoretical mechanism of profit sharing between finance and the real economy, this paper reviews and analyzes the profitability of China's banking industry and makes a horizontal comparison with the banking industry of the United States, Japan, and Germany.
Design/methodology/approach
Based on the panel threshold model, it is found that there is a dual-threshold asymmetric effect between banking profit and the growth of real economy. When the net profit rate of the banking industry is lower than 0.491%, the increase in banking profitability will inhibit the growth of real economy due to profit grabbing; when the rate falls within the range of 0.491–0.801%, the increase in bank profitability is conducive to the growth of real economy.
Findings
Finance and the real economy are in the most comfortable symbiotic state; when the rate is higher than 0.801%, the continued increase in bank profitability will weaken the promotion effect of finance on the real economy, but bank profitability and the growth of real economy are still in a symbiotic state of positive promotion.
Originality/value
The promotion effect of China's bank profitability to the growth of real economy has shifted from the suboptimal state to the optimal range as a whole, which is attributed to the strong deleveraging and strict supervision of the Chinese government after 2016, the timely and decisive “stepping on the brakes”, pulling the financial sector back from the “illusion” caused by “self-circulated” profits and preventing it from harming the real economy.
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Abstract
Purpose
The purpose of this paper is to develop the linguistic q-rung orthopair fuzzy set (LqROFS) information VIKOR method based on the bi-direction Choquet integral (BDCI), taking into account the correlation between information. The method can enrich the existing studies related to LqROFS information and better solve the problem of MAGDM problem.
Design/methodology/approach
Since applying Choquet integral (CI) depict information interaction is a common operation in MAGDM. However, the traditional CI has some limitations. The unidirectional alignment may affect the MAGDM results. Therefore, a LqROFS-VIKOR method based on BDCI is proposed, where BDCI is used to aggregate the decision matrix. Furthermore, it is not reasonable to apply exact numbers to express the similarity between two qualitative data. Then a new method of defining similarity using linguistics is proposed. The similarity is used to calculate attribute weights.
Findings
The validity and potential application of MAGMD method with linguistic q-rung orthopair fuzzy information based on BDCI are demonstrated in a numerical examples study.
Originality/value
According to the study of available literature, the current research on LqROFS is incomplete. The existing studies of both similarity and aggregate operators have certain shortcomings. The definition of similarity proposed in this paper is more in line with reality. And compared with the existing methods, the BDCI-based aggregate operator can describe the interaction between information more reasonably. Based on this VIKOR method based on BDCI under the LqROFS environment can better select the alternative.
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Wei Jun Wang, Rafiu King Raji, Jian Lin Han and Yuan Chen
With the current developments within the sphere of Internet of Things (IoT) technology, many conventional articles are all being fitted with smart functionalities, ranging from…
Abstract
Purpose
With the current developments within the sphere of Internet of Things (IoT) technology, many conventional articles are all being fitted with smart functionalities, ranging from chairs, beds, shoes and caps to underwear. Bags which are utility as well as fashion items have not been left out of this smart craze, albeit to a less popular degree. The purpose of this study is to fill the research gap on the subject of smart bags research and applications and to contribute to the general discourse on IoT.
Design/methodology/approach
This study adopts literature search and database review, concept mapping as well as synthesis methodologies. Relevant literature form databases such as Web of Science, Google Scholar and Bing Scholar were interrogated. Manual sifting was done to eliminate papers that do not fit the set inclusion criteria. Literature on smart bags was organized into structured frameworks using concept mapping methodology. Applying a synthesis methodology enabled an exploration of the different technological trends in smart bag research and their areas of application.
Findings
The study identified about 15 different smart bag applications and functionalities. Discussed in this study is a classification of bags based on a number of points such as way of carrying, size, utility and fabrication materials. Also discussed are the description of what constitute a smart bag, relevant technologies for smart bag design and engineering and subsequently the current trends in smart bag applications. This study also discovered that the air travel industry tend to have some difficulties with this smart bag technologies, specifically with their built-in batteries.
Practical implications
The results of this study will provide researchers and other stakeholders with key information about existing problems and opportunities in smart bag research and applications. This will go a long way to help in guiding future research as well as policymaking in smart bag design and application.
Originality/value
To the best of the authors’ knowledge, this is the first review on the subject of smart bags even though smart bag research and commercial product design continue to gain momentum in recent years.
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Rafiu King Raji, Jian Lin Han, Zixing Li and Lihua Gong
At the moment, in terms of both research and commercial products, smart shoe technology and applications seem not to attract the same magnitude of attention compared to smart…
Abstract
Purpose
At the moment, in terms of both research and commercial products, smart shoe technology and applications seem not to attract the same magnitude of attention compared to smart garments and other smart wearables such as wrist watches and wrist bands. The purpose of this study is to fill this knowledge gap by discussing issues regarding smart shoe sensing technologies, smart shoe sensor placements, factors that affect sensor placements and finally the areas of smart shoe applications.
Design/methodology/approach
Through a review of relevant literature, this study first and foremost attempts to explain what constitutes a smart shoe and subsequently discusses the current trends in smart shoe applications. Discussed in this study are relevant sensing technologies, sensor placement and areas of smart shoe applications.
Findings
This study outlined 13 important areas of smart shoe applications. It also uncovered that majority of smart shoe functionality are physical activity tracking, health rehabilitation and ambulation assistance for the blind. Also highlighted in this review are some of the bottlenecks of smart shoe development.
Originality/value
To the best of the authors’ knowledge, this is the first comprehensive review paper focused on smart shoe applications, and therefore serves as an apt reference for researchers within the field of smart footwear.
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Jian Jin, Dao‐Lei Liang, Yu Bao and Guo‐Xing Huang
The purpose of this paper is to present a committee machine (CM) with two‐layer expert nets to overcome the lack of approximating ability of CM with single‐layer expert nets.
Abstract
Purpose
The purpose of this paper is to present a committee machine (CM) with two‐layer expert nets to overcome the lack of approximating ability of CM with single‐layer expert nets.
Design/methodology/approach
A frequently used structure of CM, with a fuzzy c‐means clustering algorithm as splitting and combining unit and some single‐layer linear neural nets as expert modules, was applied to short‐term climate prediction. Considering the complexity of the climate conditions, use was made of two‐layer back propagation (BP) neural nets instead of single‐layer linear nets to test the effect of the model. Experiments were performed on both synthetic and realistic climatic data.
Findings
Prediction accuracy is raised when the BP nets were used and as the number of hidden neurons increased at some stages. It implies that improving the approximating ability of individual expert module of a CM is beneficial.
Research limitations/implications
The optimal learning rate, the optimal cluster numbers and the maximal number of iteration were not well treated.
Practical implications
The paper is a useful alternative worth consideration for the complicated prediction problems.
Originality/value
A CM with two‐layer expert nets are presented. Comparisons are made between CMs with simple and complex expert nets.
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Mohd Mohid Rahmat, Balachandran Muniandy and Kamran Ahmed
The purpose of this paper is to examine the effect of related party transactions (RPTs) and types of RPTs (complex, simple and loan) on earnings quality in four East Asian…
Abstract
Purpose
The purpose of this paper is to examine the effect of related party transactions (RPTs) and types of RPTs (complex, simple and loan) on earnings quality in four East Asian countries: Hong Kong, Malaysia, Singapore and Thailand.
Design/methodology/approach
RPTs and types of RPTs are measured using two approaches, magnitude and abnormal (magnitude change). Earnings quality is measured using proxies for accrual earnings management and identified as discretionary accruals (DAC) and performance matched discretional accruals (PMDAC).
Findings
The results suggest that firms in these countries experience poor earnings quality when they are engaged in RPT. The effect of RPT-simple on earnings quality is more severe than RPT-complex. However, the presence of higher investor protection and stricter enforcement of regulations in countries like Singapore and Hong Kong reduce the negative impact of RPTs on earnings quality.
Research limitations/implications
The results support the argument that the presence of controlling shareholders in East Asia is likely to lead to engagement with RPTs, which will increase the likelihood of firms’ earnings manipulation via DAC. This study has two limitations. It only focuses on Hong Kong, Malaysia, Singapore and Thailand, and the results may not be generalizable to other countries. Second, this study only measures the magnitude and abnormal RPTs based on the disclosures available in annual reports.
Originality/value
This paper contributes to the literature by examining the effect of RPTs and types of RPTs on earnings quality in four selected East Asian countries.
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Yuan Kang, Jian‐Lin Lee, Hua‐Chih Huang, Ching‐Yuan Lin, Hsing‐Han Lee, De‐Xing Peng and Ching‐Chu Huang
The paper aims to determine whether the type selection and parameters determination of the compensation are most important for yielding the acceptable or optimized characteristics…
Abstract
Purpose
The paper aims to determine whether the type selection and parameters determination of the compensation are most important for yielding the acceptable or optimized characteristics in design of hydrostatic bearings.
Design/methodology/approach
This paper utilizes the equations of flow equilibrium to determine the film thickness or displacement of worktable with respect to the recess pressure.
Findings
The stiffness due to compensation of constant‐flow pump increases monotonically as recess pressure increases. Also, the paper considers which is larger than that due to orifice compensation and capillary compensation at the same recess pressure ratio.
Originality/value
The findings show that the usage range of recess pressure and compensation parameters can be selected to correspond to the smallest gradient in variations of worktable displacement or film thickness.
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The study examines tourists' psychological and social risk and shared beliefs – devotion, concerns and entertainment – at a religious and cultural heritage destination. It also…
Abstract
Purpose
The study examines tourists' psychological and social risk and shared beliefs – devotion, concerns and entertainment – at a religious and cultural heritage destination. It also examines how shared beliefs impact tourists’ nostalgia. Further, it examines whether nostalgia affects choice deferral and revisit intentions. Finally, it investigates how moderation of place attachment strengthens the link between shared beliefs – devotion, concerns, entertainment and nostalgia.
Design/methodology/approach
The data were collected from 439 inbound tourists, with 272 completing online questionnaires and 167 participating in face-to-face survey. Data analysis was performed using Amos 24.0 and SPSS 25.0, employing structural equation modeling (SEM) and the PROCESS macro.
Findings
The findings suggest that perceived psychological and social risk negatively impacts tourists' shared beliefs – devotion, concerns and entertainment – which positively impacts nostalgia. Positive nostalgic association boosts revisit intention and hampers choice deferral. The data also show how strong place attachment strengthens the relationship between shared beliefs – devotion, concerns and entertainment – and tourists’ perceived nostalgia.
Research limitations/implications
This work contributes to information behavior using S-O-R theory. It analyzes the psychological and social risks of destination visits and how nostalgia affects shared beliefs and revisit intentions. Management and policymakers at destination enterprises can use the findings to design measures to enhance revisit intentions despite risk considerations.
Originality/value
Pakistan's destination tourism is underutilized amid its religious and cultural heritage significance. The literature has ignored how perceived psychological and social risk affects travelers' shared beliefs and nostalgic feelings. Thus, this study suggests and validates these linkages utilizing stimulus-organism-response (S-O-R) theory in Pakistan's unique environment with inbound tourists.
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Yuan Kang, Cheng‐Hsien Chen, Jian‐Lin Lee, Juhn‐Horng Chen and Yeon‐Pun Chang
The purpose of this paper is to investigate the static stiffness of hydrostatic bearings with three constant compensations in types of constant‐flow pump, capillary and orifice…
Abstract
Purpose
The purpose of this paper is to investigate the static stiffness of hydrostatic bearings with three constant compensations in types of constant‐flow pump, capillary and orifice, and both single‐action and double‐action variable restrictors with cylindrical‐spool, tapered‐spool, and membrane types by film gradient and recess pressure.
Design/methodology/approach
This paper utilizes the equations of flow equilibrium to determine the variations of film thickness or displacement of loading table with respect to the varying of recess pressure. For a hydrostatic bearing whose recess pressures are controlled by compensations, the stiffness characteristics can be presented directly by these variations.
Findings
The usage range of recess pressure and compensation parameters should be selected to correspond to a variation with smallest gradient.
Originality/value
This paper proposes an extensive database as a critical requirement for the selection of types and parameters of the compensation as to yield the acceptable or optimized characteristics in design of hydrostatic bearings.
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Satinder Kumar and Sandeep Kumar
The study explores the impact of social media-induced social comparison on impulse travelling, drawing upon social comparison theory. It thoroughly examines the intermediary…
Abstract
Purpose
The study explores the impact of social media-induced social comparison on impulse travelling, drawing upon social comparison theory. It thoroughly examines the intermediary functions of fear of missing out (FoMO) and compulsive use of social media, alongside exploring the moderating impacts of self-esteem and self-control within this dynamic process.
Design/methodology/approach
To meet the objective, we conducted a survey of 382 social media users among Indian millennial tourists. The analysis has been done using SPSS (AMOS 24) and Process macro (model 1) for moderation effect. Purposive and snowball sampling techniques have been employed for data collection.
Findings
The results indicate a positive influence of social comparison on impulsive travel. Additionally, the findings suggest that FoMO and the compulsive use of social media serve as serial mediations on the link between social comparison and impulse travelling. Moreover, self-esteem has shown a negatively significant relationship between social comparison and FoMO. Furthermore, self-control has also been found to have a negatively significant effect on the relationship between FoMO and the compulsive use of social media.
Practical implications
The study’s findings offer valuable guidance for destination administrators. It suggests that administrators should refrain from engaging in aggressive and overly tailored marketing tactics. Instead, they should focus on sharing real and authentic stories that resonate with travellers, and administrators can mitigate the effects of social comparison and discourage impulsive travelling.
Originality/value
This study delves into an unexplored realm in digital marketing literature, shedding light on how social comparison on social media influences the impulsive travelling of Indian millennial tourists. This study is an inaugural attempt to formulate a theoretical framework within the scope of the tourism sector.