Qiang Li, Jin-Xiu Sun, Chia-Huei Wu and Wei Liu
This paper aims to investigate the inverse U-shape relationship between DM and accessing loans from the banks and explore the moderating effect of donation mode diversity.
Abstract
Purpose
This paper aims to investigate the inverse U-shape relationship between DM and accessing loans from the banks and explore the moderating effect of donation mode diversity.
Design/methodology/approach
Based on a survey dataset of 1,036 private firms in China, we use a Heckman two-stage estimation model to test hypothesizes.
Findings
The results show an invert U-shape relationship between donation magnitude and access to bank loan. The authors also find that donation mode diversity will positively moderate donation magnitude–bank loan relationship: the positive effect of donation magnitude will be stronger for the private firms using multiple channels of philanthropic donation.
Originality/value
This paper extends the literatures by examining how philanthropic donation behaviors in form of donation magnitude (how much to give) and donation mode diversity (how to give) influence private firms’ loan borrowed from the bank, an important but largely ignored stakeholder. Therefore, it suggests that both the amount and the channels of philanthropic donation could have significant roles in the efficiency of achieving strategic outcomes of corporate philanthropy.
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Xiaoning Li, Xinbo Liao, Qingwen Zhong, Kai Zheng, Shaoxing Chen, Xiao-Jun Chen, Jin-Xiu Zhu and Hongyuan Yang
The purpose of this paper is to analyze the influencing factors of patients’ financial burden through a case study of hospital on public‒private partnerships (PPP) model (Chaonan…
Abstract
Purpose
The purpose of this paper is to analyze the influencing factors of patients’ financial burden through a case study of hospital on public‒private partnerships (PPP) model (Chaonan Minsheng Hospital of Guangdong Province) and provide some useful information to policymakers for better development of hospitals on PPP model.
Design/methodology/approach
There are total six indicators that are defined as patients’ financial burden, basing on the policy of “indicators of medical quality management and control on the third level large general hospital (2011 edition),” issued by Chinese Government. In total, 23 potentially influencing factors of patients’ financial burden for hospital on PPP model were chosen from the above policy. The five-year (2007‒2011) data for the above 29 indicators come from statistic department of hospital on PPP model. Grey relational analysis (GRA) was applied to analyze the influencing factors of patients’ financial burden for hospital on PPP model.
Findings
A clear rank of influencing factors of patients’ financial burden is obtained and suggestions are provided from results of GRA, which provide reference for policymakers of hospital on PPP model. The five main influencing factors of patients’ financial burden for hospital on PPP model, in sequence, are rescuing critical ill patients on emergency, rescuing critical ill inpatients, inpatient bed occupancy rate, working days per bed and medical building area.
Originality/value
The study on the influencing factors of patients’ financial burden for hospital on PPP model not only provides decision-making for policymaker of hospital and controlling of medical expenditure but also contributes to release patients’ financial burden for hospitals on PPP model.
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Gao Zhan‐feng, Du Yan‐liang, Sun Bao‐chen and Jin Xiu‐mei
The purpose of this article is to suggest that Fraby‐Perot optic sensor is a practical measurement gage to monitor the strain of great structures such as railway bridges.
Abstract
Purpose
The purpose of this article is to suggest that Fraby‐Perot optic sensor is a practical measurement gage to monitor the strain of great structures such as railway bridges.
Design/methodology/approach
A remote strain monitoring system based on F‐P optic fiber and virtual instrument is designed to monitor the strains of a railway bridge.
Findings
The application results show that the Fraby‐Perot optical fiber sensors can accurately measure strain and they are suitable for the long‐term and automatic monitoring. In addition, the system has several advantages over conventional structural instruments including fast response, ability of both static and dynamic monitoring, absolute measurement, immunity to interferences such as lightning strikes, electromagnetic noise and radio frequency, low attenuation of light signals in long fiber optic cables.
Practical implications
Health monitoring of structures is getting more and more recognition all over the world because it can minimize the cost of reparation and maintenance and ensure the safety of structures. A strain monitoring system based on F‐P optic fiber sensor was developed according to the health monitoring requirements of Wuhu Yangtze River Railway Bridge, which is the first cable‐stayed bridge with a maximum span of 312 m carrying both railway and highway traffic in China. It has run stably in the monitoring field more than two years and fulfilled the monitoring requirement very well. Now the system has been transplanted successfully to the Zhengzhou Yellow Railway Bridge for strain monitoring. So the work can be referenced by other similar health monitoring projects.
Originality/value
Long‐term, real‐time monitoring of strain using FP fiber optic sensors in railway bridge is an innovation. A remote strain data acquisition and real‐time processing are another character of the system. The work studied can be referenced by other structures monitoring, such as tunnel, concrete bridges, concrete and earth dams.
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Xiu Jin, Jinming Yu, Yueli Liu and Na Chen
Previous research has predominantly concentrated on examining risk spillovers through single-layer networks, neglecting the multi-related and multilayer network characteristics of…
Abstract
Purpose
Previous research has predominantly concentrated on examining risk spillovers through single-layer networks, neglecting the multi-related and multilayer network characteristics of the economic system. This study constructs multilayer connectedness networks, including return, volatility and extreme risk layers, to systematically analyze the risk spillovers across Chinese industries at the system and industry levels.
Design/methodology/approach
Previous studies have constructed multilayer networks using Diebold and Yilmaz’s (2012) approach or the time-varying parameter vector autoregressive (TVP-VAR) connectedness model. In this study, we employ the TVP-VAR-extended joint connectedness approach, which improves these methods and captures risk spillovers more accurately.
Findings
At the system level, the risk spillover across industries exhibits distinct network structures and dynamic evolution behaviors across different layers. During extreme events, the intensity, scope and speed of risk spillovers increase markedly across all layers, with volatility and extreme risk layers demonstrating greater sensitivity to crises. At the industry level, industrial and optional consumption typically serve as risk transmitters, while medicine and health, as well as financial real estate, tend to be risk receivers across three layers. Moreover, industrial, optional consumption and materials exhibit significant systemic importance.
Originality/value
To the best of our knowledge, this is the first study to apply multilayer networks with return, volatility and extreme risk layers to systematically examine risk spillovers between Chinese industries.
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The various approaches to achieving extended drain intervals in vehicle crankcase lubricants are described, with particular emphasis on commercial diesel engines. The various…
Abstract
The various approaches to achieving extended drain intervals in vehicle crankcase lubricants are described, with particular emphasis on commercial diesel engines. The various lubricant contaminants include soot, water, acids and particulate metals. Lubricant life may be prolonged by suitable design of the lubricant and of the engine, but more particularly by reducing the levels of contaminant in the lubricant such that the performance of the lubricant may be maintained. At the same time, wear rates within the engine must be within acceptable levels. The various options for reducing the levels of contaminant include lubricant by‐pass filtration systems, including barrier filters, refiners and centrifugal filters.
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Chenglin Qing, Xiu Jin and Yonghui Xu
The global business environment has brought about great innovation according to the advent of the fourth industrial revolution era. Most of the enterprises are focusing on…
Abstract
Purpose
The global business environment has brought about great innovation according to the advent of the fourth industrial revolution era. Most of the enterprises are focusing on adapting to the era of the fourth industrial revolution and trying to find appropriate strategies. Competitiveness among enterprises is changing fiercely. Such environments are threatening to the sustainability of enterprises. In this regard, it is a key issue that how enterprises can be sustainable and gain competitive advantage. Based on this background, this study emphasized the importance of environmental involvement. Enterprise can improve its image through environmental involvement. Since enterprise image is a variable that directly impacts enterprise growth and performance, it promotes the sustainability of the enterprise. Therefore, this study aims to explore the improvement factors of environmental immersion and verified its influence.
Design/methodology/approach
This study focused on creating shared value as a factor to improve environmental involvement. It is divided into three components, which are economic values, social values and cooperative values, respectively. The role of these three factors in enhancing environmental involvement was clearly identified and the process of enhancing enterprise image was verified.
Findings
The mediating effect of environmental involvement on the relationship between creative shared values (economic values, social values and cooperative values) and enterprise image was demonstrated.
Originality/value
This study emphasized the importance of environmental immersion in the era of the fourth industrial revolution and provided a way to improve enterprise image, which is directly related to the sustainability of the enterprise.