Purpose - Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey systems in marine economics is gaining importance. The purpose of this paper is to summarize and review...

The ruling against the Kangmei Pharmaceutical Co., Ltd’s financial fraud was the first special representative action under China’s new Securities Law, serving as a milestone in investor protection in China. Exploiting the natural experiment provided by the ruling, we empirically test the...

This paper examines the current No-Claim Discount (NCD) system used in Ghana’s auto insurance market as inefficient and outmoded and, therefore, proposes an alternative optimal Bonus-Malus System (BMS) intended to meet the present market conditions and demand. It appears that the existing BMS...

In this study, thermal interface material is used in photovoltaic-thermoelectric coupling device to enhance the utilization of solar energy. An operating system including cooling equipment is established. The output performance evolutions of PV–TE coupling device are carried out based on...

We present a two-stage scheduling approach including proactive and reactive scheduling to solve the ground resource scheduling problem with uncertain arrival time. In the first stage, an integer programming model is constructed to minimize the delay and transfer costs. After solving this model,...

This study examines the impact of debt financing on the productivity of capital invested and the mediating role of corporate investment using data from manufacturing firms in China, Japan and the United States. We find that firms that use more debt capital are less likely to make overinvestment....

We construct a framework for the interaction between economic system reform and the technological-economic system in order to analyze the dynamic process of China's economic transformation and development. China has passed through three major phases of economic system reform, which have involved...

Using an aggregate credit spread index, we find that it has substantial predictive power for corporate bond returns over short and long horizons. The return predictability is economically and statistically significant and robust to various controls. The credit spread index and its components...

Trees play an important part in landscaping as well as thermal environment adjustment. This study selected a satellite city of Sichuan Province in China, Xindu, for field measurement about tree’s crown characteristics on their cooling performances on five sunny summer days during August 2019....

Power cable engineering is a critical method for urban power supply, and ductbank laying of cables is a way of underground cable lines. Considering the cost and construction, MPP pipes with poor heat dissipation performance are often used in ductbank. Many cables are arranged densely in the...