Risk management is the key point of project finance. Giving the general description of project finance on basic concepts, this paper cited an internationally accepted index system of project financing risk evaluation and financial ramification tools to measure and controls the project financing...

This study relates theories of transaction cost economics and cultural diversity management with regards to a strategic alliance case. First it describes different types of transaction costs that are likely to occur in relation to the underlying case and gives some practical suggestions as to...

Financial crisis is not a new term to the world and has been through the financial globalization in the past decades. Many developing countries choose to stockpile a large amount of foreign exchange reserves to protect their economy from external shocks. However, given the declining value of the...

The paper provides an all-too-rare comparative glimpse into the health of financial area of China and India. Because it relies on a series of contributions by financial professionals and previous works, it lacks some perspective and falls short of providing country data specifics. On the other...

To shave peaks and fill valleys, the thermal power units are required to increase their operating time in the low-load range which negatively affects the denitrification of selective catalytic reduction (SCR). To quantify the effect, it is necessary to make an accurate prediction on the...

The layer-by-layer (LBL) self-assembly technique could nanoscopically construct the composite membranes with the layered structure. It has thus been frequently mentioned in the field of microelectronics, biology and clean energy, etc. In this research, low temperature proton exchange membranes...

Due to the gradual phase-out of brominated flame retardants, the consumption of organophosphate esters (OPEs) as suitable alternatives has increased in recent years. These compounds could be trapped and accumulate in the widely developed glaciers on the Tibetan Plateau (TP), as snow is an...

This paper studies the mean-variance portfolio selection under the assumption that the market state is modulated by a hidden Markov chain which is unobservable to investors. We employ a game-theoretic formulation to address the time-inconsistency arising in mean-variance analysis for portfolio...