This study investigates the determinants and outcomes of raising capital ratios upon the introduction of Basel II and III regulations. The evidence indicates that a bank is more likely to raise its capital base as its capital ratio is lowered. Although equity issuing is rarely used to raise the...

Photovoltaic (PV) semiconductor degrades in performance due to temperature rise. A super thin-conductive thermal absorber is therefore developed to regulate the PV working temperature by retrofitting the existing PV panel into the photovoltaic/thermal (PV/T) panel. This article presented the...

This paper studies the test of joint significance for the ordered choice model with multiple explanatory variables following integrated processes. The results show that for the widely used logit and probit models, when true parameter vector of explanatory variables is zero, the classical Wald...