To gauge the effect of the 2001 official "harmonisation" of the Chinese Accounting Standards (CAS) and International Accounting Standards (IAS) regimes, we examine all companies that simultaneously issued both A and B shares in both the SHSE and SZSE using the Weetman, Jones and Gray (1998)...

In a multi-component system, the assumption of failure independence among components is seldom valid, especially for those complex systems with complicated failure mechanism. For such systems, warranty cost is subject to all the factors including system configuration, quality of each component...

In a credit market, a low-cost foreign entrant is likely less informed than a domestic bank with information endowments. We present a steady-state model in an infinite-period framework, and analyze how the informational asymmetry affects the lending equilibrium and the foreign banks’ entry...

This paper investigates an inventory decision problem under the pricing and advertising dependent stochastic demand, and considers a joint decision on pricing and advertising for competing retailers who operate short-life-cycle products under emergency purchasing. The results indicate that the...

Considering the cascading failures of scale-free fault-tolerant topology in wireless sensor networks (WSNs), based on the power function of load and the fixed capacity, a new load redistribution model is proposed under a single random node failure. Adopting the probability generating function...

The community structure has been empirically found in many real networks. This paper proposes an efficient Double Shortest Path routing strategy trying to avoid the modules of traffic congestion, which means that we adopt the shortest routing strategy both in the inter-modules and in the...

Mining subsidence destroys environment seriously and is difficult to forecast because the parameters in prediction model are difficult to obtain. As there are many uncertainties in mining subsidence, we forecast it by grey prediction model. Traditional GM (1,1) model predict for a time series....

This paper deals with an unreliable manufacturing system in which no backlog is allowed. The hedging point policy is used to control production. This paper's objective is to find the optimum hedging point so as to minimize the average inventory cost. Firstly, for a tentative hedging point, we...

This paper deals with an unreliable manufacturing system in which no backlog is allowed. The hedging point policy is used to control production. This paper's objective is to find the optimum hedging point so as to minimize the average inventory cost. Firstly, for a tentative hedging point, we...