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This paper aims to link location choice and ownership structure to the debate on the multinationality–performance relationship.

This paper draws on a panel data set that covers 1,321 emerging economy multinational enterprises (EMNEs) and includes 4,227 observations from 44 emerging economies between 2004 and, 2013.

The empirical results find that multinationality has a positive effect on EMNEs’ performance, and that this positive effect is larger for their investments in developed countries than in developing countries. The study also finds that this positive effect of foreign operation in developed countries switch to negative at higher levels of multinationality for privately owned EMNEs than for state-owned EMNEs.

This paper provides new empirical evidence to support an institutional perspective of the internationalisation of EMNEs that are investing in developed countries, contributing to the multinationality-performance literature, highlighting the importance of foreign direct investment location decision and ownership structure.

The traction behaviours of lubricating oil significantly affect the stability and lubrication regime of aviation high-speed ball bearings. Rolling elements will slide at a low traction force (TF). Therefore, traction behaviours need to be studied, and a fitting expression for traction curves to rapidly calculate the traction coefficient (TC) should be developed.

The traction behaviours of an aviation lubricating oil were studied in severe operating conditions with a self-designed two-disc testing rig. Based on the least squares method and the Levenberg–Marquardt theory, a rapid calculation expression was developed by fitting the obtained traction curves. The correction of this expression was experimentally verified by comparing the TCs under different operating conditions. This expression was also used to modify the commonly accepted quasi-dynamic model of rolling bearings.

An increase of the load led to an increase in the TC. In comparison, the temperature and entrainment speed showed inverse effects. The proposed expression exactly predicted the trend of the experimentally acquired traction curve. The calculation with the modified dynamic model showed that the action of the TF on a single rolling element varied and that the temperature increase of the outer raceway is higher than the inner raceway, which is caused by the TF and relative sliding speed between the elements and raceways.

The proposed fitting expression is able to simplify the TC calculation of synthetic aviation lubricating oil in practical engineering applications. This paper can provide an important reference for the traction behaviour of synthetic aviation lubricating oil under severe conditions and assist with its rapid calculation and practical application in engineering.

The paper aims to study cut resistant property of basic weft plain-knitted fabric for protective clothing.

Effects of fiber materials, fabric direction and knitting technology (sinking-depth) were explored, respectively. Cut process of fabric was tracked and the theoretical analysis was provided to evaluate energy transferring of cutting. Fiber-based cut behavior was observed by SEM images. Deformation energy stored in the loop due to yarn bending was regard as initial elastic potential energy of the fabric, which was related to loop structure.

Cut resistance of the fiber material was the dominant factor for cut resistance of weft plain-knitted fabric, while unit loop structure played a critical role in improving cut resistance.

Cut resistance of the fiber material was the dominant factor for cut resistance of weft plain-knitted fabric, while the unit loop structure played a critical role in improving cut resistance.

The paper provides theoretical support of developing flexible protective clothing.

This study examines how maturity mismatch, a specific type of financial structure of firms, affects corporate outward foreign direct investment (OFDI).

Using the number of newly established foreign subsidiaries in a given year as firm-level OFDI and utilizing data from Chinese listed firms between 2007 and 2022, we employ a negative binomial regression model to examine the impact of corporate maturity mismatch on the OFDI. We also make efforts to ensure the robustness of the result, such as employing an exogenous policy to establish a difference-in-difference model.

The empirical result indicates that maturity mismatch inhibits firms' OFDI. Additional test shows that maturity mismatch increases firms' financing costs and reduces firms' research and development (R&D) investment and that the negative impact of maturity mismatch on OFDI is predominantly observed in firms with high financial constraints and low R&D intensity, indicating that maturity mismatch may affect firms' OFDI through the financing cost channel and the R&D investment channel.

Corporate maturity mismatch is common in China and similar emerging markets. However, research on the economic consequences of maturity mismatch, especially its impact on firms' overseas expansions, is rare. This study establishes the relationship between corporate maturity mismatch and OFDI, contributes to the literature on the relationship between financial factors and OFDI, and provides policy implications for emerging market countries.

Accurate presentation of the rock microstructure is critical to the grain-scale analysis of rock deformation and failure in numerical modelling. 3D granite microstructure modelling has only been used in limited studies with the mineral pattern often remaining poorly constructed. In this study, the authors developed a new approach for generating 2D and 3D granite microstructure models from a 2D image by combining a heterogeneous material reconstruction method (simulated annealing method) with Voronoi tessellation.

More specifically, the stochastic information in the 2D image is first extracted using the two-point correlation function (TPCF). Then an initial 2D or 3D Voronoi diagram with a random distribution of the minerals is generated and optimised using a simulated annealing method until the corresponding TPCF is consistent with that in the 2D image. The generated microstructure model accurately inherits the stochastic information (e.g. volume fraction and mineral pattern) from the 2D image. Lastly, the authors compared the topological characteristics and mechanical properties of the 2D and 3D reconstructed microstructure models with the model obtained by direct mapping from the 2D image of a real rock sample.

The good agreements between the mapped and reconstructed models indicate the accuracy of the reconstructed microstructure models on topological characteristics and mechanical properties.

The newly developed reconstruction method successfully transfers the mineral pattern from a granite sample into the 2D and 3D Voronoi-based microstructure models ready for use in grain-scale modelling.