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The purpose of this paper is to examine the effects of internal corporate governance mechanisms on the capital structure decisions of Chinese-listed firms.

Using a large and more recent data set consisting of 2,386 Chinese-listed firms over the period from 1998 to 2012, the authors use different statistical methods (OLS, fixed effects and system GMM) to analyse the effects of firm-specific and corporate governance influences on capital structure.

The authors find that the proportion of independent directors and ownership concentration exert significant influence on the level of Chinese long-term debt ratios after controlling for firm-specific determinants and split share reforms. Further analysis separating the sample of this paper into state-owned enterprises (SOEs) and privately owned enterprises (POEs) suggests that ownership concentration in the hands of the state leads to decrease in debt ratios.

The finding implies that concentrated ownership in the hands of the state appears more efficient compared to their private counterparts in their monitoring role.

This paper extends prior literature, which has concentrated disproportionately on firm-specific influences on capital structure, to the effects of within-firm governance mechanisms on capital structure decisions. The paper contributes to the agency theory–capital structure discourse in an emerging country context where corporate governance system appears weak.

Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

This paper aims to report on a study that used the practice theory lens to understand how Chinese ethnic culture influences restaurant workers' learning through engagement in everyday work practices.

A multiple case study approach was used. Data were collected from semi-structured interviews and site observations. Thematic analysis was conducted to identify how workers learnt the sayings, doings and relatings in their workplaces.

The findings show that the ethnic culture of the participants influences and enriches their learning in practice settings such as small Chinese restaurants.

The understandings presented here need to be verified through more research in different regions and nations. In addition, cross-cultural studies on other ethnic restaurants may contribute to deeper understandings of the influences of ethnic culture on practice-based learning.

The research contributes to understanding the influence of ethnic culture on practice-based learning.

The understandings gained from the findings of this study form a useful basis for curriculum development and instructional design of training programmes for practice-based as well as work-integrated-learning components of vocational curriculum. Furthermore, awareness of the strengths of the ethnic culture is of interest to owner/managers of small Chinese restaurants to afford supportive learning environments for workers.

The purpose of this paper is to analyze the historical pattern of environmental cost due to grain production in China and to provide further implications of technologies and policies for the transformation of China’s agricultural development toward sustainable intensification.

The data sets about grain production, arable land and chemical fertilizer use in China were collected from FAO, NBSC, and IFA. Greenhouse gas emissions were estimated using life cycle assessments. The policies concerning grain production and the environment were collected from the Ministry of Agriculture, and the State Council of China.

China has produced enough food to feed its growing population, but has neglected the resource-environmental costs of grain production since 1978. Consequently, China’s grain production is always accompanied with a high cost of resource and environment sustainability. However, from 2006 to 2015, the growth rate of grain production has surpassed that of chemical fertilizer consumption, resulting in improvement in nutrient use efficiency and decreasing trends of environmental cost for grain production. This could be partially attributed to technology innovations, such as Soil-Testing and Fertilizer-Recommendations (STFR), soil quality and crop management improvement, and so on, and policy supports (policies of STFR, soil quality improvement, and high-yield construction). This indicated that China’s grain production is starting to transform from high-input and high-output model to “less for more.”

This study is the first to determine the detailed, historical role of technological innovation and agri-environmental policy on the sustainability of grain production in China. The findings should have significant implications for technology and policy for the transformation of China’s agriculture development to sustainable intensification.

High temperature gradient induces high residual stress, producing an important effect on the part manufacturing during laser powder bed fusion (LPBF). The purpose of this study is to investigate the effect of the molten pool mode on the thermal stress of Ti-6Al-4V alloy during different deposition processes.

A coupled thermal-mechanical finite element model was built. The developed model was validated by comparing the numerical results with the experimental data in the maximum molten pool temperature, the molten pool dimension and the residual stress described in the previous work.

For the single-track process, the keyhole mode caused an increase in both the maximum stress and the high-stress area compared with the conduction mode. For the multitrack process, a lower tensile stress around the scanning track and a higher compressive stress below the scanning track were found in the keyhole mode. For the multilayer process, the stress along the scanning direction at the middle of the part changed from tensile stress to compressive stress with the increase in the deposition layer number. As the powder layer number increased, the stress along the scanning direction near the top surface of the part decreased while the stress along the deposition direction obviously increased, indicating that the stress along the deposition direction became the dominant stress. The keyhole mode can reduce the residual stress near the top of the part, and the conduction mode was more likely to produce a low residual stress near the bottom of the part.

The results provide a systematic understanding of thermal stress during the LPBF process.

This paper aims to analyze high-quality papers on the research of electronic word-of-mouth (eWOM) for product and service quality improvement from 2009 to 2022, in order to fully understand their historical progress, current situation and future development trend.

This paper adopts the bibliometrics method to analyze the relevant literature, including publishing trend and citation status, regional and discipline area distribution, and influential publications. Secondly, the VOSviewer is used for literature co-citation analysis and keyword co-occurrence analysis to obtain the basic literature and research hotspots in this research field.

Firstly, the study finds that the number of publications basically shows an increasing trend, and those publications are mainly published in tourism journals. In addition, among these papers, China has the largest number of publications, followed by the USA and South Korea. Through co-citation analysis of literature and keyword co-occurrence analysis, 22 foundational papers and six main research topics are obtained in this paper. Finally, this paper elaborates on the development trend of the research topic and future research directions in detail.

This is the first paper that uses bibliometrics to analyze and review relevant researches on eWOM for product and service quality improvement, which is helpful for researchers to quickly understand its development status and trend. This review also provides some future research directions and provides a reference for further research.

The purpose of this paper is to propose a new model for optimizing pre-joining processes quickly and accurately, guiding workers to standardized operations. For the automatic riveting in panel assemblies, the traditional approach of determination of pre-joining processes entirely rests on the experience of workers, which leads to the improper number, location and sequence of pre-joining, the low quality stability and the high repair rate in most cases.

The clearances computation with the complete finite element model for every process combination is time-consuming. Therefore a fast pre-joining processes optimization model (FPPOM) is proposed. This model treats both the measured initial clearances and the stiffness matrices of key points of panels as an input; considers the permissive clearances as an evaluation criterion; regards the optimal number, location and sequence as an objective; and takes the neighborhood-search-based adaptive genetic algorithm as a solution.

A comparison between the FPPOM and complete finite element model with clearances (CFEMC) was made in practice. Further, the results indicate that running the FPPOM is time-saving by >90 per cent compared with the CFEMC.

This paper provides practical insights into realizing the pre-joining processes optimization quickly.

This paper is the first to propose the FPPOM, which could simplify the processes, reduce the degrees of freedom of nodes and conduct the manufacturers to standardized manipulations.

The purpose of this paper is to develop an information system which is based on the Internet of things (IoT) and used to support the communication and coordination in a cooperative robot team.

The architecture of the IoT applications for decision-making activities in a complex system is elaborated, the focus lies on the effective implementation of system interactions at the device-level. A case study is provided to verify system performances.

The IoT concept has been introduced in an information system of a football robot team to support the coordination among team players. Various sensors are used to collect data from IoT, and data are processed for the controls of robotic players to achieve the better performance at the system level. The field test has shown the feasibility and effectiveness.

To investigate how IoT can be utilized in an information system for making complex decisions effectively, the authors use the decision-support system for a football robot team to illustrate the approaches in developing data acquisition infrastructure, processing and utilizing real-time data for the communication and coordination of robot players in a dynamic competing environment. While the presented work has shown the feasibility of an IoT-based information system, more work are needed to integrate advanced sensors within the IoT and develop more intelligent algorithms to replace manually remote control for the operations of robot players.

The proposed system is specifically for a football robot team; however, the associated approaches are applicable to any decentralized system for developing an information system to support IoT-based communication and coordination within the system in the real-time mode.

The exploration of IoT applications is still at its early stage, existing relevant work is mostly limited to the development of system architecture, sensor networks, and communication protocols. In this paper, the methods on how to use massive real-time data for decision-making of a decentralized team have been investigated, and the proposed system has its theoretical significance to developing other decentralized wireless sensor networks and decision-making systems.

Reports a study of 1,304 Chinese brand names of ten types of products in China. These brand names are content analyzed following a linguistic approach which the authors developed from their earlier studies. The ten types of brand names are presented in three broad categories representing the three different developing stages of the consumer product industry in China: brands of traditional products (illustrated by matches and spirits), brands of traditional products with current development (illustrated by bicycles, shoes, and toothpastes), and brands of new and modern products (illustrated by cosmetics, soft drinks, washing machines, refrigerators and TV sets). The conclusion drawn from the analysis is that one of the variables in determining how linguistic principles are being applied to Chinese brand naming is the respective stages of development of such products in the context of the Chinese market economy.

The purpose of this paper is to explain theoretically the relation between large shareholders, legal institutions, and capital structure, then empirically deduce how large shareholders and legal institution affected capital structure decision by integrating Chinese institutions.

This paper adopted cross‐section data of non‐financial listed companies in China and applied series of ordinary least square to empirically test the relationship between large shareholders, legal institution, and capital structure decision.

The empirical evidence provided by this paper indicates that large shareholders and legal institution do affect capital structure decision, specifically in seven areas.

This paper, based on the institutions of China, takes the largest shareholder, ultimately the controller, the relation of legal institution and capital structure into the research framework for the first time and systematically studies how the capital structure decision making is affected by the controlling shareholders, the nature of ultimately controllers, the concentration degree of shares held by a few large shareholders and legal institution. It is the first to empirically test whether the concentration degree of shares held by a few large shareholders and legal institution will affect the relation between controlling shareholders and capital structure, and compensates for the deficiencies in previous studies.