On the basis of an empirical analysis of 491 UK recent secondary management buyouts (SMBOs), we find strong evidence of a deterioration in long‐run abnormal returns following SMBO deals. SMBOs also perform worse than primary buyouts in terms of profitability, labor productivity, and growth. We...

Incorporating Phase Change Materials (PCMs) into traditional building structures has been considered as an effective way to reduce the mismatch between energy supply and demand and in turn to minimise energy consumption (cooling/heating energy). For building applications, Phase Change Material...

Thermal energy storage with phase change materials (PCMs) offers a high thermal storage density with a moderate temperature variation, and has attracted growing attention due to its important role in achieving energy conservation in buildings with thermal comfort. Various methods have been...