A novel linear Fresnel reflector which employs the evacuated tube, CPC secondary reflector, and uses molten salt as the heat transfer fluid (HTF) was designed and studied in this paper. A 3D optical model was developed to simulate the radiation transmission within the system with Monte Carlo Ray...

This study investigates the impact of government controlling ownership on the cost of debt of Chinese listed corporations. We find that corporations under government control have a lower cost of debt compared to corporations under private control, and that government ownership is most beneficial...

We use the unique economic, legal, and political landscape of China to examine the impact of auditors on the incidence of accounting fraud. In particular, we examine whether large audit firms reduce the incidence of financial statement fraud in China, an emerging market in which auditors face...

In the past decade, the Chinese airline industry experienced extraordinary growth in size and profitability. However, no quantitative study has investigated the performance of Chinese airlines in terms of productivity and cost competitiveness. This study investigates the leading Chinese...

Smoke-free property of dimethyl ether (DME) was utilized to eliminate the influence of fuel on PM formation. The particulate matter (PM) emission characteristics, including mass emission, number concentration distribution, morphology and the percentage composition of soluble organic fraction,...

We study the joint probability distribution of normal and tangential frictional forces in jammed granular media, Pμ(ft,fn), for various values of the friction coefficient μ, especially when μ=∞. A universal scaling law is found to collapse the data for μ=0 to ∞, demonstrating a link...

We investigate the existence of random close and random loose packing limits in two-dimensional packings of monodisperse hard disks. A statistical mechanics approach–based on several approximations to predict the probability distribution of volumes–suggests the existence of the limiting...

Despite the explosive growth of the Chinese aviation sector and the major industry reforms undertaken in recent decades, the Chinese domestic market remains highly concentrated with a significant element of regulation and governmental control in areas such as market entry and airline fleet...

Agro-product enterprises are the mainstay of the traceability system, and are of great importance. We analyze the factors that influence the enthusiasm of agro-product enterprises for continuously establishing traceability system from characteristics of enterprises, environment and performance,...

Purpose – The purpose of this research is to provide further evidence on the association between the IPO signaling mechanisms (i.e. retained ownership, auditor choice, and earnings forecast) by using a less restrictive sample and by performing additional empirical tests....