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conversion cycle</title> <meta name="description" content="Search results for: cash conversion cycle"> <meta name="keywords" content="cash conversion cycle"> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1, user-scalable=no"> <meta charset="utf-8"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" href="https://waset.org"> <img src="https://cdn.waset.org/static/images/wasetc.png" alt="Open Science Research Excellence" title="Open Science Research Excellence" /> </a> <button class="d-block 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action="https://publications.waset.org/abstracts/search"> <div id="custom-search-input"> <div class="input-group"> <i class="fas fa-search"></i> <input type="text" class="search-query" name="q" placeholder="Author, Title, Abstract, Keywords" value="cash conversion cycle"> <input type="submit" class="btn_search" value="Search"> </div> </div> </form> </div> </div> <div class="row mt-3"> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Commenced</strong> in January 2007</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Frequency:</strong> Monthly</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Edition:</strong> International</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Paper Count:</strong> 3463</div> </div> </div> </div> <h1 class="mt-3 mb-3 text-center" style="font-size:1.6rem;">Search results for: cash conversion cycle</h1> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3433</span> Energy Matrices of Partially Covered Photovoltaic Thermal Flat Plate Water Collectors</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Shyam">Shyam</a>, <a href="https://publications.waset.org/abstracts/search?q=G.%20N.%20Tiwari"> G. N. Tiwari</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Energy matrices of flate plate water collectors partially covered by PV module have been estimated in the present study. Photovoltaic thermal (PVT) water collector assembly is consisting of 5 water collectors having 2 m^2 area which are partially covered by photovoltaic module at its lower portion (inlet) and connected in series. The annual overall thermal energy and exergy are computed by using climatic data of New Delhi provided by Indian Meteorological Department (IMD) Pune, India. The Energy payback time on overall thermal and exergy basis are found to be 1.6 years and 17.8 years respectively. For 25 years of life time of system the energy production factor and life cycle conversion efficiency are estimated to be 15.8 and 0.04 respectively on overall thermal energy basis whereas for the same life time the energy production factor and life cycle conversion efficiency on exergy basis are obtained as 1.4 and 0.001. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=overall%20thermal%20energy" title="overall thermal energy">overall thermal energy</a>, <a href="https://publications.waset.org/abstracts/search?q=exergy" title=" exergy"> exergy</a>, <a href="https://publications.waset.org/abstracts/search?q=energy%20payback%20time" title=" energy payback time"> energy payback time</a>, <a href="https://publications.waset.org/abstracts/search?q=PVT%20water%20collectors" title=" PVT water collectors"> PVT water collectors</a> </p> <a href="https://publications.waset.org/abstracts/36909/energy-matrices-of-partially-covered-photovoltaic-thermal-flat-plate-water-collectors" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/36909.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">374</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3432</span> Applying Different Working Fluids in a Combined Power and Ejector Refrigeration Cycle with Low Temperature Heat Sources </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Samad%20Jafarmadar">Samad Jafarmadar</a>, <a href="https://publications.waset.org/abstracts/search?q=Amin%20Habibzadeh"> Amin Habibzadeh</a> </p> <p class="card-text"><strong>Abstract:</strong></p> A power and cooling cycle, which combines the organic Rankine cycle and the ejector refrigeration cycle supplied by waste heat energy sources, is discussed in this paper. 13 working fluids including wet, dry, and isentropic fluids are studied in order to find their performances on the combined cycle. Various operating conditions’ effects on the proposed cycle are examined by fixing power/refrigeration ratio. According to the results, dry and isentropic fluids have better performance compared with wet fluids. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=combined%20power%20and%20refrigeration%20cycle" title="combined power and refrigeration cycle">combined power and refrigeration cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=low%20temperature%20heat%20sources" title=" low temperature heat sources"> low temperature heat sources</a>, <a href="https://publications.waset.org/abstracts/search?q=organic%20rankine%20cycle" title=" organic rankine cycle"> organic rankine cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=working%20fluids" title=" working fluids"> working fluids</a> </p> <a href="https://publications.waset.org/abstracts/74101/applying-different-working-fluids-in-a-combined-power-and-ejector-refrigeration-cycle-with-low-temperature-heat-sources" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/74101.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">270</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3431</span> Accountability Issues in Nigeria</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Victoria%20Adikpe">Victoria Adikpe</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The ills of the Nigerian public sector have been identified at various fora to include lack of financial accountability and poor reporting of government performance. With the enthronement of democracy, citizens’ expectations from the government are drifting from the mere provision of public services to efficiency and accountability. One of the major challenges to achieving accountability in Nigeria is the capability of the cash basis of accounting to meet the reporting requirements of policies and programmes of the government. This paper discussed the growing trend in the debate about the adoption of private sector financial management processes in the public sector as part of the public sector reform programmes. The paper does not claim the ultimate superiority of accrual over cash accounting but shows how it will help to further strengthen the quality of government accounting and reporting. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cash%20accounting" title="cash accounting">cash accounting</a>, <a href="https://publications.waset.org/abstracts/search?q=accrual%20accounting" title=" accrual accounting"> accrual accounting</a>, <a href="https://publications.waset.org/abstracts/search?q=accountability" title=" accountability"> accountability</a>, <a href="https://publications.waset.org/abstracts/search?q=reporting" title=" reporting"> reporting</a> </p> <a href="https://publications.waset.org/abstracts/33585/accountability-issues-in-nigeria" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/33585.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">344</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3430</span> Impact of Unconditional Cash Transfer Scheme on the Food Security Status of the Elderly in Ekiti State, Nigeria</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=R.%20O.%20Babatunde">R. O. Babatunde</a>, <a href="https://publications.waset.org/abstracts/search?q=O.%20M.%20Igbalajobi"> O. M. Igbalajobi</a>, <a href="https://publications.waset.org/abstracts/search?q=F.%20Matambalya"> F. Matambalya</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Moderate economic growth in developing and emerging countries has led to improvement in the food consumption and nutrition situation in the last two decades. Nevertheless, about 870 million people, with a quarter of them from Sub-Saharan Africa, are still suffering from hunger worldwide. As part of measures to reduce the widespread poverty and hunger, cash transfer programmes are now being implemented in many countries of the world. While nationwide cash transfer schemes are few in Sub-Saharan Africa generally, the available ones are more concentrated in East and Southern Africa. Much of the available literature on social protection had focused on the poverty impact of cash transfer schemes at the household level, with the larger proportion originating from Latin America. On the contrary, much less empirical studies have been conducted on the poverty impact of cash transfer in Sub-Saharan Africa, let alone on the food security and nutrition impact. To fill this gap in knowledge, this paper examines the impact of cash transfer on food security in Nigeria. As a case study, the paper analysed the Ekiti State Cash Transfer Scheme (ECTS). ECTS is an unconditional transfer scheme which was established in 2011 to directly provide cash transfer to elderly persons aged 65 years and above in Ekiti State of Nigeria. Using survey data collected in 2013, we analysed the impact of the scheme on food availability and dietary diversity of the beneficiary households. Descriptive and Propensity Score Matching (PSM) techniques were used to estimate the Average Treatment Effect (ATE) and Average Treatment Effect on the Treated (ATT) among the beneficiary and control groups. Thereafter, a model to test for the impact of participation in the cash transfer scheme on calorie availability and dietary diversity was estimated. The results indicate that while households in the sample are clearly vulnerable, there were statistically significant differences between the beneficiary and control groups. For instance, monthly expenditure, calorie availability and dietary diversity were significantly larger among the beneficiary and consequently, the prevalence and depth of hunger were lower in the group. Econometric results indicate that the cash transfer has a positive and significant effect on food availability and dietary diversity in the households. Expanding the coverage of the present scheme to cover all eligible households in the country and incorporating cash transfer into a comprehensive hunger reduction policy will make it to have a greater impact at improving food security among the most vulnerable households in the country. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=calorie%20availability" title="calorie availability">calorie availability</a>, <a href="https://publications.waset.org/abstracts/search?q=cash%20transfers" title=" cash transfers"> cash transfers</a>, <a href="https://publications.waset.org/abstracts/search?q=dietary%20diversity" title=" dietary diversity"> dietary diversity</a>, <a href="https://publications.waset.org/abstracts/search?q=propensity%20score%20matching" title=" propensity score matching"> propensity score matching</a> </p> <a href="https://publications.waset.org/abstracts/25828/impact-of-unconditional-cash-transfer-scheme-on-the-food-security-status-of-the-elderly-in-ekiti-state-nigeria" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/25828.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">384</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3429</span> The Effectiveness of Cash Flow Management by SMEs in the Mafikeng Local Municipality of South Africa</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ateba%20Benedict%20Belobo">Ateba Benedict Belobo</a>, <a href="https://publications.waset.org/abstracts/search?q=Faan%20Pelser"> Faan Pelser</a>, <a href="https://publications.waset.org/abstracts/search?q=Ambe%20Marcus"> Ambe Marcus</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Aims: This study arise from repeated complaints from both electronic mails about the underperformance of Mafikeng Small and Medium-Size enterprises after the global financial crisis. The authors were on the view that, this poor performance experienced could be as a result of the negative effects on the cash flow of these businesses due to volatilities in the business environment in general prior to the global crisis. Thus, the paper was mainly aimed at determining the shortcomings experienced by these SMEs with regards to cash flow management. It was also aimed at suggesting possible measures to improve cash flow management of these SMEs in this tough time. Methods: A case study was conducted on 3 beverage suppliers, 27 bottle stores, 3 largest fast consumer goods super markets and 7 automobiles enterprises in the Mafikeng local municipality. A mixed method research design was employed and a purposive sampling was used in selecting SMEs that participated. Views and experiences of participants of the paper were captured through in-depth interviews. Data from the empirical investigation were interpreted using open coding and a simple percentage formula. Results: Findings from the empirical research reflected that majority of Mafikeng SMEs suffer poor operational performance prior to the global financial crisis primarily as a result of poor cash flow management. However, the empirical outcome also indicted other secondary factors contributing to this poor operational performance. Conclusion: Finally, the authorsproposed possible measures that could be used to improve cash flow management and to solve other factors affecting operational performance of SMEs in the Mafikeng local municipality in other to achieve a better business performance. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cash%20flow" title="cash flow">cash flow</a>, <a href="https://publications.waset.org/abstracts/search?q=business%20performance" title=" business performance"> business performance</a>, <a href="https://publications.waset.org/abstracts/search?q=global%20financial%20crisis" title=" global financial crisis"> global financial crisis</a>, <a href="https://publications.waset.org/abstracts/search?q=SMEs" title=" SMEs"> SMEs</a> </p> <a href="https://publications.waset.org/abstracts/23084/the-effectiveness-of-cash-flow-management-by-smes-in-the-mafikeng-local-municipality-of-south-africa" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/23084.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">438</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3428</span> Analysis of the Result for the Accelerated Life Cycle Test of the Motor for Washing Machine by Using Acceleration Factor</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Youn-Sung%20Kim">Youn-Sung Kim</a>, <a href="https://publications.waset.org/abstracts/search?q=Jin-Ho%20Jo"> Jin-Ho Jo</a>, <a href="https://publications.waset.org/abstracts/search?q=Mi-Sung%20Kim"> Mi-Sung Kim</a>, <a href="https://publications.waset.org/abstracts/search?q=Jae-Kun%20Lee"> Jae-Kun Lee</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Accelerated life cycle test is applied to various products or components in order to reduce the time of life cycle test in industry. It must be considered for many test conditions according to the product characteristics for the test and the selection of acceleration parameter is especially very important. We have carried out the general life cycle test and the accelerated life cycle test by applying the acceleration factor (AF) considering the characteristics of brushless DC (BLDC) motor for washing machine. The final purpose of this study is to verify the validity by analyzing the results of the general life cycle test and the accelerated life cycle test. It will make it possible to reduce the life test time through the reasonable accelerated life cycle test. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=accelerated%20life%20cycle%20test" title="accelerated life cycle test">accelerated life cycle test</a>, <a href="https://publications.waset.org/abstracts/search?q=reliability%20test" title=" reliability test"> reliability test</a>, <a href="https://publications.waset.org/abstracts/search?q=motor%20for%20washing%20machine" title=" motor for washing machine"> motor for washing machine</a>, <a href="https://publications.waset.org/abstracts/search?q=brushless%20dc%20motor%20test" title=" brushless dc motor test"> brushless dc motor test</a> </p> <a href="https://publications.waset.org/abstracts/68978/analysis-of-the-result-for-the-accelerated-life-cycle-test-of-the-motor-for-washing-machine-by-using-acceleration-factor" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/68978.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">611</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3427</span> A New Converter Topology for Wind Energy Conversion System</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mahmoud%20Khamaira">Mahmoud Khamaira</a>, <a href="https://publications.waset.org/abstracts/search?q=Ahmed%20Abu-Siada"> Ahmed Abu-Siada</a>, <a href="https://publications.waset.org/abstracts/search?q=Yasser%20Alharbi"> Yasser Alharbi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Doubly Fed Induction Generators (DFIGs) are currently extensively used in variable speed wind power plants due to their superior advantages that include reduced converter rating, low cost, reduced losses, easy implementation of power factor correction schemes, variable speed operation and four quadrants active and reactive power control capabilities. On the other hand, DFIG sensitivity to grid disturbances, especially for voltage sags represents the main disadvantage of the equipment. In this paper, a coil is proposed to be integrated within the DFIG converters to improve the overall performance of a DFIG-based wind energy conversion system (WECS). The charging and discharging of the coil are controlled by controlling the duty cycle of the switches of the dc-dc chopper. Simulation results reveal the effectiveness of the proposed topology in improving the overall performance of the WECS system under study. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=doubly%20fed%20induction%20generator" title="doubly fed induction generator">doubly fed induction generator</a>, <a href="https://publications.waset.org/abstracts/search?q=coil" title=" coil"> coil</a>, <a href="https://publications.waset.org/abstracts/search?q=wind%20energy%20conversion%20system" title=" wind energy conversion system"> wind energy conversion system</a>, <a href="https://publications.waset.org/abstracts/search?q=converter%20topology" title=" converter topology"> converter topology</a> </p> <a href="https://publications.waset.org/abstracts/28390/a-new-converter-topology-for-wind-energy-conversion-system" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/28390.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">661</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3426</span> Corporate Life Cycle and Corporate Social Responsibility Performance: Empirical Evidence from Pharmaceutical Industry in China</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Jing%20%28Claire%29%20LI">Jing (Claire) LI</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The topic of corporate social responsibility (CSR) is significant for pharmaceutical companies in China at this current stage. This is because, as a rapid growth industry in China in recent years, the pharmaceutical industry in China has been undergone continuous and terrible incidents relating to CSR. However, there is limited research and practice of CSR in Chinese pharmaceutical companies. Also, there is an urgent call for more research in an international context to understand the implications of corporate life cycle on CSR performance. To respond to the research need and research call, this study examines the relationship between corporate life cycle and CSR performance of Chinese listed companies in pharmaceutical industry. This research studies Chinese listed companies in pharmaceutical industry for the period of 2010-2017, where the data is available in database. Following the literature, this study divides CSR performance with regards to CSR dimensions, including shareholders, creditors, employees, customers, suppliers, the government, and the society. This study uses CSR scores of HEXUN database and financial measures of these CSR dimensions to measure the CSR performance. This study performed regression analysis to examine the relationship between corporate life cycle stages and CSR performance with regards to CSR dimensions for pharmaceutical listed companies in China. Using cash flow pattern as proxy of corporate life cycle to classify corporate life cycle stages, this study found that most (least) pharmaceutical companies in China are in maturity (decline) stage. This study found that CSR performance for most dimensions are highest (lowest) in maturity (decline) stage as well. Among these CSR dimensions, performing responsibilities for shareholder is the most important among all CSR responsibilities for pharmaceutical companies. This study is the first to provide important empirical evidence from Chinese pharmaceutical industry on the association between life cycle and CSR performance, supporting that corporate life cycle is a key factor in CSR performance. The study expands corporate life cycle and CSR literatures and has both empirical and theoretical contributions to the literature. From perspective of empirical contributions, the findings contribute to the argument that whether there is a relationship between CSR performance and various corporate life cycle stages in the literature. This study also provides empirical evidence that companies in different corporate life cycles have difference in CSR performance. From perspective of theoretical contributions, this study relates CSR and stakeholders to corporate life cycle stages and complements the corporate life cycle and CSR literature. This study has important implications for managers and policy makers. First, the results will be helpful for managers to have an understanding in the essence of CSR, and their company’s current and future CSR focus over corporate life cycle. This study provides a reference for their actions and may help them make more wise resources allocation decisions of CSR investment. Second, policy makers (in the government, stock exchanges, and securities commission) may consider corporate life cycle as an important factor in formulating future regulations for companies. Future research can explore the "process-based" differences in CSR performance and more industries. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=China" title="China">China</a>, <a href="https://publications.waset.org/abstracts/search?q=corporate%20life%20cycle" title=" corporate life cycle"> corporate life cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=corporate%20social%20responsibility" title=" corporate social responsibility"> corporate social responsibility</a>, <a href="https://publications.waset.org/abstracts/search?q=pharmaceutical%20industry" title=" pharmaceutical industry"> pharmaceutical industry</a> </p> <a href="https://publications.waset.org/abstracts/128353/corporate-life-cycle-and-corporate-social-responsibility-performance-empirical-evidence-from-pharmaceutical-industry-in-china" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/128353.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">105</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3425</span> Green Catalytic Conversion of Some Aromatic Alcohols to Acids by NiO₂ Nanoparticles ‎‎(NPNPs) in Water</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Abdel%20Ghany%20F.%20Shoair">Abdel Ghany F. Shoair</a>, <a href="https://publications.waset.org/abstracts/search?q=Mai%20M.%20A.%20H.%20Shanab"> Mai M. A. H. Shanab</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The basic aqueous systems NiSO4.6H₂O / K₂S₂O₈ (PH= 14) or NiSO₄.6H₂O / KBrO₃ (PH = 11.5) were ‎investigated ‎for the ‎catalytic conversion benzyl alcohol and ‎some para-substituted benzyl ‎alcohols to their ‎corresponding ‎acids in 75-97 % yield at room ‎temperature. The active species ‎was isolated and characterized by scanning ‎electron ‎microscopy (SEM), ‎‎transmission electron microscopy (TEM), X-ray ‎powder diffraction, EDX and ‎‎FT-IR ‎techniques and identified as NiO₂ nanoparticles (NPNPs). The SEM and ‎TEM images of nickel peroxide samples show a fine spherical-like ‎aggregation of ‎NiO₂ molecules with a nearly homogeneous partial size and confirm the ‎aggregation's size ‎to ‎be in the range of 2-3 nm. The yields, turnover (TO) and turn ‎over frequencies (TOF) were calculated. ‎It was noticed ‎that the aromatic alcohols ‎containing para-substituted electron donation groups gave better ‎‎yields than ‎those having electron-withdrawing groups. The optimum conditions for this ‎‎catalytic reaction ‎were studied using benzyl alcohol as a model. The mechanism ‎of the ‎catalytic conversion reaction was ‎suggested, in which the produced ‎(NPNPs) convert alcohols ‎to acids in two steps through the formation of the ‎‎corresponding aldehyde. The produced ‎NiO, because of this conversion, is ‎converted again to (NPNPs) by ‎an excess of K₂S₂O₈ or KBrO₃. This ‎catalytic cycle continues ‎until all the substrate is oxidized. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Nickel" title="Nickel">Nickel</a>, <a href="https://publications.waset.org/abstracts/search?q=oxidation" title=" oxidation"> oxidation</a>, <a href="https://publications.waset.org/abstracts/search?q=catalysts" title=" catalysts"> catalysts</a>, <a href="https://publications.waset.org/abstracts/search?q=benzyl%20alcohol" title=" benzyl alcohol"> benzyl alcohol</a> </p> <a href="https://publications.waset.org/abstracts/163860/green-catalytic-conversion-of-some-aromatic-alcohols-to-acids-by-nio2-nanoparticles-npnps-in-water" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/163860.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">77</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3424</span> Case Study: Optimization of Contractor’s Financing through Allocation of Subcontractors</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Helen%20S.%20Ghali">Helen S. Ghali</a>, <a href="https://publications.waset.org/abstracts/search?q=Engy%20Serag"> Engy Serag</a>, <a href="https://publications.waset.org/abstracts/search?q=A.%20Samer%20Ezeldin"> A. Samer Ezeldin</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In many countries, the construction industry relies heavily on outsourcing models in executing their projects and expanding their businesses to fit in the diverse market. Such extensive integration of subcontractors is becoming an influential factor in contractor’s cash flow management. Accordingly, subcontractors’ financial terms are important phenomena and pivotal components for the well-being of the contractor’s cash flow. The aim of this research is to study the contractor’s cash flow with respect to the owner and subcontractor’s payment management plans, considering variable advance payment, payment frequency, and lag and retention policies. The model is developed to provide contractors with a decision support tool that can assist in selecting the optimum subcontracting plan to minimize the contractor’s financing limits and optimize the profit values. The model is built using Microsoft Excel VBA coding, and the genetic algorithm is utilized as the optimization tool. Three objective functions are investigated, which are minimizing the highest negative overdraft value, minimizing the net present worth of overdraft, and maximizing the project net profit. The model is validated on a full-scale project which includes both self-performed and subcontracted work packages. The results show potential outputs in optimizing the contractor’s negative cash flow values and, in the meantime, assisting contractors in selecting suitable subcontractors to achieve the objective function. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cash%20flow%20optimization" title="cash flow optimization">cash flow optimization</a>, <a href="https://publications.waset.org/abstracts/search?q=payment%20plan" title=" payment plan"> payment plan</a>, <a href="https://publications.waset.org/abstracts/search?q=procurement%20management" title=" procurement management"> procurement management</a>, <a href="https://publications.waset.org/abstracts/search?q=subcontracting%20plan" title=" subcontracting plan"> subcontracting plan</a> </p> <a href="https://publications.waset.org/abstracts/158282/case-study-optimization-of-contractors-financing-through-allocation-of-subcontractors" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/158282.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">131</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3423</span> A Further Study on the 4-Ordered Property of Some Chordal Ring Networks</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Shin-Shin%20Kao">Shin-Shin Kao</a>, <a href="https://publications.waset.org/abstracts/search?q=Hsiu-Chunj%20Pan"> Hsiu-Chunj Pan</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Given a graph G. A cycle of G is a sequence of vertices of G such that the first and the last vertices are the same. A hamiltonian cycle of G is a cycle containing all vertices of G. The graph G is k-ordered (resp. k-ordered hamiltonian) if for any sequence of k distinct vertices of G, there exists a cycle (resp. hamiltonian cycle) in G containing these k vertices in the specified order. Obviously, any cycle in a graph is 1-ordered, 2-ordered and 3-ordered. Thus the study of any graph being k-ordered (resp. k-ordered hamiltonian) always starts with k = 4. Most studies about this topic work on graphs with no real applications. To our knowledge, the chordal ring families were the first one utilized as the underlying topology in interconnection networks and shown to be 4-ordered [1]. Furthermore, based on computer experimental results in [1], it was conjectured that some of them are 4-ordered hamiltonian. In this paper, we intend to give some possible directions in proving the conjecture. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Hamiltonian%20cycle" title="Hamiltonian cycle">Hamiltonian cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=4-ordered" title=" 4-ordered"> 4-ordered</a>, <a href="https://publications.waset.org/abstracts/search?q=Chordal%20rings" title=" Chordal rings"> Chordal rings</a>, <a href="https://publications.waset.org/abstracts/search?q=3-regular" title=" 3-regular"> 3-regular</a> </p> <a href="https://publications.waset.org/abstracts/13946/a-further-study-on-the-4-ordered-property-of-some-chordal-ring-networks" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/13946.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">434</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3422</span> In-Cylinder Exhaust Heat Recovery of an I. C. Engine Using Water Injection</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Jayakrishnan%20U.">Jayakrishnan U.</a> </p> <p class="card-text"><strong>Abstract:</strong></p> A concept of adding two strokes to a four stroke Otto or Diesel engine cycle presented here for the waste heat recovery in a four stroke internal combustion engine. Four stroke Diesel cycle and Otto cycle engines have very low thermal efficiency due to high amount of energy loss in exhaust and also on the cooling of the engine. It is estimated about 35 percent of fuel energy is lost in exhaust of engine and 30 percent in cooling of engine. So by modifying a four-stroke Otto or Diesel engine by adding two-stroke heat recovery steam cycle is presented here. Water injection is used to get an additional power stroke by partial compression of the exhaust gases at the end of third stroke in a four stroke I.C.Engine. It is the conversion of a four-stroke cycle to a six-stroke cycle. By taking a four stroke petrol engine of known dimensions, an ideal thermodynamic model is used to analyse and calculate the events of exhaust gas compression and following two strokes of water injection. By changing the exhaust valve closing timing during exhaust stroke and analysing it on various points, an optimum amount of exhaust gas re-compression and amount of water injection can be found for maximizing efficiency and fuel economy. It is achieved by changing the exhaust valve timing and finding an optimum amount of exhaust re-compression, maximizing the net mean effective pressure of the steam expansion stroke (MEPsteam). Specific fuel consumption of the engine also decreases increasing the fuel economy. The valve closing timings for maximum MEPsteam is limited by either 1 bar or dew point temperature of expansion gas or moisture mixture to avoid moisture formation. By modifying the four-stroke Otto or Diesel cycle by adding two water injection stroke has the potential to significantly increase the engine efficiency and fuel economy. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=internal%20combustion%20engine" title="internal combustion engine">internal combustion engine</a>, <a href="https://publications.waset.org/abstracts/search?q=engine%20efficiency" title=" engine efficiency"> engine efficiency</a>, <a href="https://publications.waset.org/abstracts/search?q=six-stroke%20cycle" title=" six-stroke cycle"> six-stroke cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=water%20injection" title=" water injection"> water injection</a>, <a href="https://publications.waset.org/abstracts/search?q=specific%20fuel%20consumption" title=" specific fuel consumption"> specific fuel consumption</a> </p> <a href="https://publications.waset.org/abstracts/26461/in-cylinder-exhaust-heat-recovery-of-an-i-c-engine-using-water-injection" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/26461.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">304</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3421</span> The Effect of Catastrophic Losses on Insurance Cycle: Case of Croatia</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Drago%20Jakov%C4%8Devi%C4%87">Drago Jakovčević</a>, <a href="https://publications.waset.org/abstracts/search?q=Maja%20Mihelja%20%C5%BDaja"> Maja Mihelja Žaja</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper provides an analysis of the insurance cycle in the Republic of Croatia and whether they are affected by catastrophic losses on a global level. In general, it is considered that insurance cycles are particularly pronounced in periods of financial crisis, but are also affected by the growing number of catastrophic losses. They cause the change of insurance cycle and premium growth and intensification and narrowing of the coverage conditions, so these variables move in the same direction and these phenomena point to a new cycle. The main goal of this paper is to determine the existence of insurance cycle in the Republic of Croatia and investigate whether catastrophic losses have an influence on insurance cycles. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=catastrophic%20loss" title="catastrophic loss">catastrophic loss</a>, <a href="https://publications.waset.org/abstracts/search?q=insurance%20cycle" title=" insurance cycle"> insurance cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=premium" title=" premium"> premium</a>, <a href="https://publications.waset.org/abstracts/search?q=Republic%20of%20Croatia" title=" Republic of Croatia"> Republic of Croatia</a> </p> <a href="https://publications.waset.org/abstracts/7784/the-effect-of-catastrophic-losses-on-insurance-cycle-case-of-croatia" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/7784.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">352</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3420</span> Conversion of HVAC Lines into HVDC in Transmission Expansion Planning</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Juan%20P.%20Novoa">Juan P. Novoa</a>, <a href="https://publications.waset.org/abstracts/search?q=Mario%20A.%20Rios"> Mario A. Rios</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper presents a transmission planning methodology that considers the conversion of HVAC transmission lines to HVDC as an alternative of expansion of power systems, as a consequence of restrictions for the construction of new lines. The transmission expansion planning problem formulates an optimization problem that minimizes the total cost that includes the investment cost to convert lines from HVAC to HVDC and possible required reinforcements of the power system prior to the conversion. The costs analysis assesses the impact of the conversion on the reliability because transmission lines are out of service during the conversion work. The presented methodology is applied to a test system considering a planning a horizon of 10 years. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=transmission%20expansion%20planning" title="transmission expansion planning">transmission expansion planning</a>, <a href="https://publications.waset.org/abstracts/search?q=HVDC" title=" HVDC"> HVDC</a>, <a href="https://publications.waset.org/abstracts/search?q=cost%20optimization" title=" cost optimization"> cost optimization</a>, <a href="https://publications.waset.org/abstracts/search?q=energy%20non-supplied" title=" energy non-supplied"> energy non-supplied</a> </p> <a href="https://publications.waset.org/abstracts/58165/conversion-of-hvac-lines-into-hvdc-in-transmission-expansion-planning" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/58165.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">388</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3419</span> The Thermochemical Conversion of Lactic Acid in Subcritical and Supercritical Water</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Shyh-Ming%20Chern">Shyh-Ming Chern</a>, <a href="https://publications.waset.org/abstracts/search?q=Hung-Chi%20Tu"> Hung-Chi Tu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> One way to utilize biomass is to thermochemically convert it into gases and chemicals. For conversion of biomass, glucose is a particularly popular model compound for cellulose, or more generally for biomass. The present study takes a different approach by employing lactic acid as the model compound for cellulose. Since lactic acid and glucose have identical elemental composition, they are expected to produce similar results as they go through the conversion process. In the current study, lactic acid was thermochemically converted to assess its reactivity and reaction mechanism in subcritical and supercritical water, by using a 16-ml autoclave reactor. The major operating parameters investigated include: The reaction temperature, from 673 to 873 K, the reaction pressure, 10 and 25 MPa, the dosage of oxidizing agent, 0 and 0.5 chemical oxygen demand, and the concentration of lactic acid in the feed, 0.5 and 1.0 M. Gaseous products from the conversion were generally found to be comparable to those derived from the conversion of glucose. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=lactic%20acid" title="lactic acid">lactic acid</a>, <a href="https://publications.waset.org/abstracts/search?q=subcritical%20water" title=" subcritical water"> subcritical water</a>, <a href="https://publications.waset.org/abstracts/search?q=supercritical%20water" title=" supercritical water"> supercritical water</a>, <a href="https://publications.waset.org/abstracts/search?q=thermochemical%20conversion" title=" thermochemical conversion"> thermochemical conversion</a> </p> <a href="https://publications.waset.org/abstracts/64806/the-thermochemical-conversion-of-lactic-acid-in-subcritical-and-supercritical-water" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/64806.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">318</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3418</span> Testing the Life Cycle Theory on the Capital Structure Dynamics of Trade-Off and Pecking Order Theories: A Case of Retail, Industrial and Mining Sectors</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Freddy%20Munzhelele">Freddy Munzhelele</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Setting: the empirical research has shown that the life cycle theory has an impact on the firms’ financing decisions, particularly the dividend pay-outs. Accordingly, the life cycle theory posits that as a firm matures, it gets to a level and capacity where it distributes more cash as dividends. On the other hand, the young firms prioritise investment opportunities sets and their financing; thus, they pay little or no dividends. The research on firms’ financing decisions also demonstrated, among others, the adoption of trade-off and pecking order theories on the dynamics of firms capital structure. The trade-off theory talks to firms holding a favourable position regarding debt structures particularly as to the cost and benefits thereof; and pecking order is concerned with firms preferring a hierarchical order as to choosing financing sources. The case of life cycle hypothesis explaining the financial managers’ decisions as regards the firms’ capital structure dynamics appears to be an interesting link, yet this link has been neglected in corporate finance research. If this link is to be explored as an empirical research, the financial decision-making alternatives will be enhanced immensely, since no conclusive evidence has been found yet as to the dynamics of capital structure. Aim: the aim of this study is to examine the impact of life cycle theory on the capital structure dynamics trade-off and pecking order theories of firms listed in retail, industrial and mining sectors of the JSE. These sectors are among the key contributors to the GDP in the South African economy. Design and methodology: following the postpositivist research paradigm, the study is quantitative in nature and utilises secondary data obtainable from the financial statements of sampled firm for the period 2010 – 2022. The firms’ financial statements will be extracted from the IRESS database. Since the data will be in panel form, a combination of the static and dynamic panel data estimators will used to analyse data. The overall data analyses will be done using STATA program. Value add: this study directly investigates the link between the life cycle theory and the dynamics of capital structure decisions, particularly the trade-off and pecking order theories. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=life%20cycle%20theory" title="life cycle theory">life cycle theory</a>, <a href="https://publications.waset.org/abstracts/search?q=trade-off%20theory" title=" trade-off theory"> trade-off theory</a>, <a href="https://publications.waset.org/abstracts/search?q=pecking%20order%20theory" title=" pecking order theory"> pecking order theory</a>, <a href="https://publications.waset.org/abstracts/search?q=capital%20structure" title=" capital structure"> capital structure</a>, <a href="https://publications.waset.org/abstracts/search?q=JSE%20listed%20firms" title=" JSE listed firms"> JSE listed firms</a> </p> <a href="https://publications.waset.org/abstracts/172218/testing-the-life-cycle-theory-on-the-capital-structure-dynamics-of-trade-off-and-pecking-order-theories-a-case-of-retail-industrial-and-mining-sectors" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/172218.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">61</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3417</span> Effects of Family Ownership and Institutional Ownership on Cash Dividend Policy in Companies Listed at Tehran Stock Exchange</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mahdi%20Azizzadeh">Mahdi Azizzadeh</a>, <a href="https://publications.waset.org/abstracts/search?q=Ali%20Nabizadeh"> Ali Nabizadeh</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper investigates whether ownership structure has significant effects on dividend policy and the percentage of cash dividend payout ratio in Iranian companies listed on the Tehran Stock Exchange. We use a sample of 300 firm-years for 2010-2014. Results indicate that there is no significant relationship between family ownership and/or institutional ownership and dividend policy. Furthermore, there is no significant relationship between dividend policies in family-owned firms with high or low institutional ownership. However, our empirical test shows that family firms with a low level of institutional investors distribute more cash dividends on average than family firms with a high level of institutional ownership. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=family%20ownership" title="family ownership">family ownership</a>, <a href="https://publications.waset.org/abstracts/search?q=institutional%20ownership" title=" institutional ownership"> institutional ownership</a>, <a href="https://publications.waset.org/abstracts/search?q=dividend%20policy" title=" dividend policy"> dividend policy</a>, <a href="https://publications.waset.org/abstracts/search?q=dividend%20payout%20ratio" title=" dividend payout ratio"> dividend payout ratio</a> </p> <a href="https://publications.waset.org/abstracts/55428/effects-of-family-ownership-and-institutional-ownership-on-cash-dividend-policy-in-companies-listed-at-tehran-stock-exchange" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/55428.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">303</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3416</span> The Contribution of Edgeworth, Bootstrap and Monte Carlo Methods in Financial Data</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Edlira%20Donefski">Edlira Donefski</a>, <a href="https://publications.waset.org/abstracts/search?q=Tina%20Donefski"> Tina Donefski</a>, <a href="https://publications.waset.org/abstracts/search?q=Lorenc%20Ekonomi"> Lorenc Ekonomi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Edgeworth Approximation, Bootstrap, and Monte Carlo Simulations have considerable impacts on achieving certain results related to different problems taken into study. In our paper, we have treated a financial case related to the effect that has the components of a cash-flow of one of the most successful businesses in the world, as the financial activity, operational activity, and investment activity to the cash and cash equivalents at the end of the three-months period. To have a better view of this case, we have created a vector autoregression model, and after that, we have generated the impulse responses in the terms of asymptotic analysis (Edgeworth Approximation), Monte Carlo Simulations, and residual bootstrap based on the standard errors of every series created. The generated results consisted of the common tendencies for the three methods applied that consequently verified the advantage of the three methods in the optimization of the model that contains many variants. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=autoregression" title="autoregression">autoregression</a>, <a href="https://publications.waset.org/abstracts/search?q=bootstrap" title=" bootstrap"> bootstrap</a>, <a href="https://publications.waset.org/abstracts/search?q=edgeworth%20expansion" title=" edgeworth expansion"> edgeworth expansion</a>, <a href="https://publications.waset.org/abstracts/search?q=Monte%20Carlo%20method" title=" Monte Carlo method"> Monte Carlo method</a> </p> <a href="https://publications.waset.org/abstracts/135149/the-contribution-of-edgeworth-bootstrap-and-monte-carlo-methods-in-financial-data" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/135149.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">153</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3415</span> Cascaded Transcritical/Supercritical CO2 Cycles and Organic Rankine Cycles to Recover Low-Temperature Waste Heat and LNG Cold Energy Simultaneously</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Haoshui%20Yu">Haoshui Yu</a>, <a href="https://publications.waset.org/abstracts/search?q=Donghoi%20Kim"> Donghoi Kim</a>, <a href="https://publications.waset.org/abstracts/search?q=Truls%20Gundersen"> Truls Gundersen</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Low-temperature waste heat is abundant in the process industries, and large amounts of Liquefied Natural Gas (LNG) cold energy are discarded without being recovered properly in LNG terminals. Power generation is an effective way to utilize low-temperature waste heat and LNG cold energy simultaneously. Organic Rankine Cycles (ORCs) and CO<sub>2</sub> power cycles are promising technologies to convert low-temperature waste heat and LNG cold energy into electricity. If waste heat and LNG cold energy are utilized simultaneously in one system, the performance may outperform separate systems utilizing low-temperature waste heat and LNG cold energy, respectively. Low-temperature waste heat acts as the heat source and LNG regasification acts as the heat sink in the combined system. Due to the large temperature difference between the heat source and the heat sink, cascaded power cycle configurations are proposed in this paper. Cascaded power cycles can improve the energy efficiency of the system considerably. The cycle operating at a higher temperature to recover waste heat is called top cycle and the cycle operating at a lower temperature to utilize LNG cold energy is called bottom cycle in this study. The top cycle condensation heat is used as the heat source in the bottom cycle. The top cycle can be an ORC, transcritical CO<sub>2</sub> (tCO<sub>2</sub>) cycle or supercritical CO<sub>2</sub> (sCO<sub>2</sub>) cycle, while the bottom cycle only can be an ORC due to the low-temperature range of the bottom cycle. However, the thermodynamic path of the tCO<sub>2</sub> cycle and sCO<sub>2</sub> cycle are different from that of an ORC. The tCO<sub>2</sub> cycle and the sCO<sub>2</sub> cycle perform better than an ORC for sensible waste heat recovery due to a better temperature match with the waste heat source. Different combinations of the tCO<sub>2</sub> cycle, sCO<sub>2</sub> cycle and ORC are compared to screen the best configurations of the cascaded power cycles. The influence of the working fluid and the operating conditions are also investigated in this study. Each configuration is modeled and optimized in Aspen HYSYS. The results show that cascaded tCO<sub>2</sub>/ORC performs better compared with cascaded ORC/ORC and cascaded sCO<sub>2</sub>/ORC for the case study. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=LNG%20cold%20energy" title="LNG cold energy">LNG cold energy</a>, <a href="https://publications.waset.org/abstracts/search?q=low-temperature%20waste%20heat" title=" low-temperature waste heat"> low-temperature waste heat</a>, <a href="https://publications.waset.org/abstracts/search?q=organic%20Rankine%20cycle" title=" organic Rankine cycle"> organic Rankine cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=supercritical%20CO%E2%82%82%20cycle" title=" supercritical CO₂ cycle"> supercritical CO₂ cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=transcritical%20CO%E2%82%82%20cycle" title=" transcritical CO₂ cycle"> transcritical CO₂ cycle</a> </p> <a href="https://publications.waset.org/abstracts/86899/cascaded-transcriticalsupercritical-co2-cycles-and-organic-rankine-cycles-to-recover-low-temperature-waste-heat-and-lng-cold-energy-simultaneously" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/86899.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">260</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3414</span> Conversion in Islam: The Case of Iranian Converts to Christianity in Malaysia </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Gholamreza%20Nuei">Gholamreza Nuei</a>, <a href="https://publications.waset.org/abstracts/search?q=Faisal%20Ahmad%20Shah"> Faisal Ahmad Shah</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The way religion defines people’s identity is quite important in the majority of Muslim countries. Yet, in most such countries the number of Muslims converting to other religions is not documented. The present research investigates a population of Iranians who have converted to Christianity and live in Malaysia. This article focuses on this subgroup of ex-Muslims with the aim of providing a window into how they experience and justify their conversion. The data was collected in Kuala Lumpur, Malaysia. It was carried out through in-depth interviews with 13 people; also 45 people answered a questionnaire (quantitative). The research findings revealed some of the typical religious, social and personal reasons behind the conversion of this group of "ex-Muslims". <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=conversion%20from%20Islam%20to%20Christianity" title="conversion from Islam to Christianity">conversion from Islam to Christianity</a>, <a href="https://publications.waset.org/abstracts/search?q=apostasy" title=" apostasy"> apostasy</a>, <a href="https://publications.waset.org/abstracts/search?q=Iran" title=" Iran"> Iran</a>, <a href="https://publications.waset.org/abstracts/search?q=Malaysia" title=" Malaysia"> Malaysia</a> </p> <a href="https://publications.waset.org/abstracts/68441/conversion-in-islam-the-case-of-iranian-converts-to-christianity-in-malaysia" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/68441.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">405</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3413</span> A Study on the Accelerated Life Cycle Test Method of the Motor for Home Appliances by Using Acceleration Factor </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Youn-Sung%20Kim">Youn-Sung Kim</a>, <a href="https://publications.waset.org/abstracts/search?q=Mi-Sung%20Kim"> Mi-Sung Kim</a>, <a href="https://publications.waset.org/abstracts/search?q=Jae-Kun%20Lee"> Jae-Kun Lee</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper deals with the accelerated life cycle test method of the motor for home appliances that demand high reliability. Life Cycle of parts in home appliances also should be 10 years because life cycle of the home appliances such as washing machine, refrigerator, TV is at least 10 years. In case of washing machine, the life cycle test method of motor is advanced for 3000 cycle test (1cycle = 2hours). However, 3000 cycle test incurs loss for the time and cost. Objectives of this study are to reduce the life cycle test time and the number of test samples, which could be realized by using acceleration factor for the test time and reduction factor for the number of sample. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=accelerated%20life%20cycle%20test" title="accelerated life cycle test">accelerated life cycle test</a>, <a href="https://publications.waset.org/abstracts/search?q=motor%20reliability%20test" title=" motor reliability test"> motor reliability test</a>, <a href="https://publications.waset.org/abstracts/search?q=motor%20for%20washing%20machine" title=" motor for washing machine"> motor for washing machine</a>, <a href="https://publications.waset.org/abstracts/search?q=BLDC%20motor" title=" BLDC motor"> BLDC motor</a> </p> <a href="https://publications.waset.org/abstracts/46400/a-study-on-the-accelerated-life-cycle-test-method-of-the-motor-for-home-appliances-by-using-acceleration-factor" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/46400.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">634</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3412</span> Ambiguity in Anti-conversion Laws in the Indian States – A Limitation to the Freedom of Religion Guaranteed under the Constitution of India</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Roy%20Alex">Roy Alex</a>, <a href="https://publications.waset.org/abstracts/search?q=Dr.%20Shampa%20I%20Dev"> Dr. Shampa I Dev</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Abstract Nine out of twenty-eight states in India have enacted anti-conversion laws to regulate religious conversions by use of force, allurement, inducement, or fraudulent means. The vagueness of the definitions of the terms used in these laws makes them inconsistent with the provisions of the right to freedom of religion guaranteed by the Constitution. It is a critical question whether these laws protect the religious freedom of groups that are “vulnerable” to missionary inducements, or are they restricting the freedom of citizens to propagate their religion to others or change their religious identity? This article looks into the constitutionality of the anti-conversion laws passed in the Indian States and argues that these laws limit the freedom of religion guaranteed under Article 25 of the Constitution of India. The ambiguity in the anti-conversion laws passed in various states of India is brought out by critically analyzing multiple cases charged under anti-conversion laws. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Freedom%20of%20Religion" title="Freedom of Religion">Freedom of Religion</a>, <a href="https://publications.waset.org/abstracts/search?q=Anti-conversion%20Laws" title=" Anti-conversion Laws"> Anti-conversion Laws</a>, <a href="https://publications.waset.org/abstracts/search?q=allurement" title=" allurement"> allurement</a>, <a href="https://publications.waset.org/abstracts/search?q=inducement" title=" inducement"> inducement</a>, <a href="https://publications.waset.org/abstracts/search?q=and%20fraudulent%20means." title=" and fraudulent means."> and fraudulent means.</a> </p> <a href="https://publications.waset.org/abstracts/154609/ambiguity-in-anti-conversion-laws-in-the-indian-states-a-limitation-to-the-freedom-of-religion-guaranteed-under-the-constitution-of-india" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/154609.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">106</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3411</span> On the Basis Number and the Minimum Cycle Bases of the Wreath Product of Paths with Wheels</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=M.%20M.%20M.%20Jaradat">M. M. M. Jaradat</a> </p> <p class="card-text"><strong>Abstract:</strong></p> For a given graph G, the set Ԑ of all subsets of E(G) forms an |E(G)| dimensional vector space over Z2 with vector addition X⊕Y = (X\Y ) [ (Y \X) and scalar multiplication 1.X = X and 0.X = Ø for all X, Yϵ Ԑ. The cycle space, C(G), of a graph G is the vector subspace of (E; ⊕; .) spanned by the cycles of G. Traditionally there have been two notions of minimality among bases of C(G). First, a basis B of G is called a d-fold if each edge of G occurs in at most d cycles of the basis B. The basis number, b(G), of G is the least non-negative integer d such that C(G) has a d-fold basis; a required basis of C(G) is a basis for which each edge of G belongs to at most b(G) elements of B. Second, a basis B is called a minimum cycle basis (MCB) if its total length Σ BϵB |B| is minimum among all bases of C(G). The lexicographic product GρH has the vertex set V (GρH) = V (G) x V (H) and the edge set E(GρH) = {(u1, v1)(u2, v2)|u1 = u2 and v1 v2 ϵ E(H); or u1u2 ϵ E(G) and there is α ϵ Aut(H) such that α (v1) = v2}. In this work, a construction of a minimum cycle basis for the wreath product of wheels with paths is presented. Also, the length of the longest cycle of a minimum cycle basis is determined. Moreover, the basis number for the wreath product of the same is investigated. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cycle%20space" title="cycle space">cycle space</a>, <a href="https://publications.waset.org/abstracts/search?q=minimum%20cycle%20basis" title=" minimum cycle basis"> minimum cycle basis</a>, <a href="https://publications.waset.org/abstracts/search?q=basis%20number" title=" basis number"> basis number</a>, <a href="https://publications.waset.org/abstracts/search?q=wreath%20product" title=" wreath product"> wreath product</a> </p> <a href="https://publications.waset.org/abstracts/2144/on-the-basis-number-and-the-minimum-cycle-bases-of-the-wreath-product-of-paths-with-wheels" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/2144.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">280</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3410</span> Implementation of an Economic – Probabilistic Model to Risk Analysis of ERP Project in Technological Innovation Firms – A Case Study of ICT Industry in Iran </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Reza%20Heidari">Reza Heidari</a>, <a href="https://publications.waset.org/abstracts/search?q=Maryam%20Amiri"> Maryam Amiri</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In a technological world, many countries have a tendency to fortifying their companies and technological infrastructures. Also, one of the most important requirements for developing technology is innovation, and then, all companies are struggling to consider innovation as a basic principle. Since, the expansion of a product need to combine different technologies, therefore, different innovative projects would be run in the firms as a base of technology development. In such an environment, enterprise resource planning (ERP) has special significance in order to develop and strengthen of innovations. In this article, an economic-probabilistic analysis was provided to perform an implementation project of ERP in the technological innovation (TI) based firms. The used model in this article assesses simultaneously both risk and economic analysis in view of the probability of each event that is jointly between economical approach and risk investigation approach. To provide an economic-probabilistic analysis of risk of the project, activities and milestones in the cash flow were extracted. Also, probability of occurrence of each of them was assessed. Since, Resources planning in an innovative firm is the object of this project. Therefore, we extracted various risks that are in relation with innovative project and then they were evaluated in the form of cash flow. This model, by considering risks affecting the project and the probability of each of them and assign them to the project's cash flow categories, presents an adjusted cash flow based on Net Present Value (NPV) and with probabilistic simulation approach. Indeed, this model presented economic analysis of the project based on risks-adjusted. Then, it measures NPV of the project, by concerning that these risks which have the most effect on technological innovation projects, and in the following measures probability associated with the NPV for each category. As a result of application of presented model in the information and communication technology (ICT) industry, provided an appropriate analysis of feasibility of the project from the point of view of cash flow based on risk impact on the project. Obtained results can be given to decision makers until they can practically have a systematically analysis of the possibility of the project with an economic approach and as moderated. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cash%20flow%20categorization" title="cash flow categorization">cash flow categorization</a>, <a href="https://publications.waset.org/abstracts/search?q=economic%20evaluation" title=" economic evaluation"> economic evaluation</a>, <a href="https://publications.waset.org/abstracts/search?q=probabilistic" title=" probabilistic"> probabilistic</a>, <a href="https://publications.waset.org/abstracts/search?q=risk%20assessment" title=" risk assessment"> risk assessment</a>, <a href="https://publications.waset.org/abstracts/search?q=technological%20innovation" title=" technological innovation"> technological innovation</a> </p> <a href="https://publications.waset.org/abstracts/30784/implementation-of-an-economic-probabilistic-model-to-risk-analysis-of-erp-project-in-technological-innovation-firms-a-case-study-of-ict-industry-in-iran" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/30784.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">403</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3409</span> Use of Cassava Waste and Its Energy Potential</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=I.%20Inuaeyen">I. Inuaeyen</a>, <a href="https://publications.waset.org/abstracts/search?q=L.%20Phil"> L. Phil</a>, <a href="https://publications.waset.org/abstracts/search?q=O.%20Eni"> O. Eni</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Fossil fuels have been the main source of global energy for many decades, accounting for about 80% of global energy need. This is beginning to change however with increasing concern about greenhouse gas emissions which comes mostly from fossil fuel combustion. Greenhouse gases such as carbon dioxide are responsible for stimulating climate change. As a result, there has been shift towards more clean and renewable energy sources of energy as a strategy for stemming greenhouse gas emission into the atmosphere. The production of bio-products such as bio-fuel, bio-electricity, bio-chemicals, and bio-heat etc. using biomass materials in accordance with the bio-refinery concept holds a great potential for reducing high dependence on fossil fuel and their resources. The bio-refinery concept promotes efficient utilisation of biomass material for the simultaneous production of a variety of products in order to minimize or eliminate waste materials. This will ultimately reduce greenhouse gas emissions into the environment. In Nigeria, cassava solid waste from cassava processing facilities has been identified as a vital feedstock for bio-refinery process. Cassava is generally a staple food in Nigeria and one of the most widely cultivated foodstuff by farmers across Nigeria. As a result, there is an abundant supply of cassava waste in Nigeria. In this study, the aim is to explore opportunities for converting cassava waste to a range of bio-products such as butanol, ethanol, electricity, heat, methanol, furfural etc. using a combination of biochemical, thermochemical and chemical conversion routes. . The best process scenario will be identified through the evaluation of economic analysis, energy efficiency, life cycle analysis and social impact. The study will be carried out by developing a model representing different process options for cassava waste conversion to useful products. The model will be developed using Aspen Plus process simulation software. Process economic analysis will be done using Aspen Icarus software. So far, comprehensive survey of literature has been conducted. This includes studies on conversion of cassava solid waste to a variety of bio-products using different conversion techniques, cassava waste production in Nigeria, modelling and simulation of waste conversion to useful products among others. Also, statistical distribution of cassava solid waste production in Nigeria has been established and key literatures with useful parameters for developing different cassava waste conversion process has been identified. In the future work, detailed modelling of the different process scenarios will be carried out and the models validated using data from literature and demonstration plants. A techno-economic comparison of the various process scenarios will be carried out to identify the best scenario using process economics, life cycle analysis, energy efficiency and social impact as the performance indexes. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bio-refinery" title="bio-refinery">bio-refinery</a>, <a href="https://publications.waset.org/abstracts/search?q=cassava%20waste" title=" cassava waste"> cassava waste</a>, <a href="https://publications.waset.org/abstracts/search?q=energy" title=" energy"> energy</a>, <a href="https://publications.waset.org/abstracts/search?q=process%20modelling" title=" process modelling "> process modelling </a> </p> <a href="https://publications.waset.org/abstracts/38625/use-of-cassava-waste-and-its-energy-potential" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/38625.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">373</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3408</span> Optimization of Solar Rankine Cycle by Exergy Analysis and Genetic Algorithm</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=R.%20Akbari">R. Akbari</a>, <a href="https://publications.waset.org/abstracts/search?q=M.%20A.%20Ehyaei"> M. A. Ehyaei</a>, <a href="https://publications.waset.org/abstracts/search?q=R.%20Shahi%20Shavvon"> R. Shahi Shavvon</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Nowadays, solar energy is used for energy purposes such as the use of thermal energy for domestic, industrial and power applications, as well as the conversion of the sunlight into electricity by photovoltaic cells. In this study, the thermodynamic simulation of the solar Rankin cycle with phase change material (paraffin) was first studied. Then energy and exergy analyses were performed. For optimization, a single and multi-objective genetic optimization algorithm to maximize thermal and exergy efficiency was used. The parameters discussed in this paper included the effects of input pressure on turbines, input mass flow to turbines, the surface of converters and collector angles on thermal and exergy efficiency. In the organic Rankin cycle, where solar energy is used as input energy, the fluid selection is considered as a necessary factor to achieve reliable and efficient operation. Therefore, silicon oil is selected for a high-temperature cycle and water for a low-temperature cycle as an operating fluid. The results showed that increasing the mass flow to turbines 1 and 2 would increase thermal efficiency, while it reduces and increases the exergy efficiency in turbines 1 and 2, respectively. Increasing the inlet pressure to the turbine 1 decreases the thermal and exergy efficiency, and increasing the inlet pressure to the turbine 2 increases the thermal efficiency and exergy efficiency. Also, increasing the angle of the collector increased thermal efficiency and exergy. The thermal efficiency of the system was 22.3% which improves to 33.2 and 27.2% in single-objective and multi-objective optimization, respectively. Also, the exergy efficiency of the system was 1.33% which has been improved to 1.719 and 1.529% in single-objective and multi-objective optimization, respectively. These results showed that the thermal and exergy efficiency in a single-objective optimization is greater than the multi-objective optimization. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=exergy%20analysis" title="exergy analysis">exergy analysis</a>, <a href="https://publications.waset.org/abstracts/search?q=genetic%20algorithm" title=" genetic algorithm"> genetic algorithm</a>, <a href="https://publications.waset.org/abstracts/search?q=rankine%20cycle" title=" rankine cycle"> rankine cycle</a>, <a href="https://publications.waset.org/abstracts/search?q=single%20and%20multi-objective%20function" title=" single and multi-objective function"> single and multi-objective function</a> </p> <a href="https://publications.waset.org/abstracts/110507/optimization-of-solar-rankine-cycle-by-exergy-analysis-and-genetic-algorithm" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/110507.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">147</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3407</span> Internal Capital Market Efficiency Study Based on Improved Cash Flow Sensitivity Coefficient - Take Tomorrow Group as an Example</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Peng%20Lu">Peng Lu</a>, <a href="https://publications.waset.org/abstracts/search?q=Liu%20Ting"> Liu Ting</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Because of the difficulty of financing from the external capital market, the reorganization and merger of private enterprises have formed a family group, seeking the help of the internal capital market to alleviate the capital demand. However, the inefficiency of the internal capital market can damage the effect it should have played, and even hinder the development of enterprises. This paper takes the "Tomorrow Group" as the research object to carry on the case analysis. After using the improved cash flow sensitivity coefficient to measure the efficiency of the internal capital market of Tomorrow Group, the inefficiency phenomenon is found. Then the analysis reveals that the reasons for its inefficiency include that the pyramidal equity structure is conducive to control, the separation of cash flow rights and control rights, the concentration of equity leads to poor balance, the abandonment of real industries and information asymmetry. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=tomorrow%20group" title="tomorrow group">tomorrow group</a>, <a href="https://publications.waset.org/abstracts/search?q=internal%20capital%20market" title=" internal capital market"> internal capital market</a>, <a href="https://publications.waset.org/abstracts/search?q=related-party%20transactions" title=" related-party transactions"> related-party transactions</a>, <a href="https://publications.waset.org/abstracts/search?q=Baotou%20tomorrow%20technology%20Co." title=" Baotou tomorrow technology Co."> Baotou tomorrow technology Co.</a>, <a href="https://publications.waset.org/abstracts/search?q=LTD" title=" LTD"> LTD</a> </p> <a href="https://publications.waset.org/abstracts/116397/internal-capital-market-efficiency-study-based-on-improved-cash-flow-sensitivity-coefficient-take-tomorrow-group-as-an-example" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/116397.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">136</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3406</span> Internal Financing Constraints and Corporate Investment: Evidence from Indian Manufacturing Firms</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Gaurav%20Gupta">Gaurav Gupta</a>, <a href="https://publications.waset.org/abstracts/search?q=Jitendra%20Mahakud"> Jitendra Mahakud</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This study focuses on the significance of internal financing constraints on the determination of corporate fixed investments in the case of Indian manufacturing companies. Financing constraints companies which have less internal fund or retained earnings face more transaction and borrowing costs due to imperfections in the capital market. The period of study is 1999-2000 to 2013-2014 and we consider 618 manufacturing companies for which the continuous data is available throughout the study period. The data is collected from PROWESS data base maintained by Centre for Monitoring Indian Economy Pvt. Ltd. Panel data methods like fixed effect and random effect methods are used for the analysis. The Likelihood Ratio test, Lagrange Multiplier test, and Hausman test results conclude the suitability of the fixed effect model for the estimation. The cash flow and liquidity of the company have been used as the proxies for the internal financial constraints. In accordance with various theories of corporate investments, we consider other firm specific variable like firm age, firm size, profitability, sales and leverage as the control variables in the model. From the econometric analysis, we find internal cash flow and liquidity have the significant and positive impact on the corporate investments. The variables like cost of capital, sales growth and growth opportunities are found to be significantly determining the corporate investments in India, which is consistent with the neoclassical, accelerator and Tobin’s q theory of corporate investment. To check the robustness of results, we divided the sample on the basis of cash flow and liquidity. Firms having cash flow greater than zero are put under one group, and firms with cash flow less than zero are put under another group. Also, the firms are divided on the basis of liquidity following the same approach. We find that the results are robust to both types of companies having positive and negative cash flow and liquidity. The results for other variables are also in the same line as we find for the whole sample. These findings confirm that internal financing constraints play a significant role for determination of corporate investment in India. The findings of this study have the implications for the corporate managers to focus on the projects having higher expected cash inflows to avoid the financing constraints. Apart from that, they should also maintain adequate liquidity to minimize the external financing costs. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cash%20flow" title="cash flow">cash flow</a>, <a href="https://publications.waset.org/abstracts/search?q=corporate%20investment" title=" corporate investment"> corporate investment</a>, <a href="https://publications.waset.org/abstracts/search?q=financing%20constraints" title=" financing constraints"> financing constraints</a>, <a href="https://publications.waset.org/abstracts/search?q=panel%20data%20method" title=" panel data method"> panel data method</a> </p> <a href="https://publications.waset.org/abstracts/54360/internal-financing-constraints-and-corporate-investment-evidence-from-indian-manufacturing-firms" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/54360.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">241</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3405</span> Wavelength Conversion of Dispersion Managed Solitons at 100 Gbps through Semiconductor Optical Amplifier</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Kadam%20Bhambri">Kadam Bhambri</a>, <a href="https://publications.waset.org/abstracts/search?q=Neena%20Gupta"> Neena Gupta</a> </p> <p class="card-text"><strong>Abstract:</strong></p> All optical wavelength conversion is essential in present day optical networks for transparent interoperability, contention resolution, and wavelength routing. The incorporation of all optical wavelength convertors leads to better utilization of the network resources and hence improves the efficiency of optical networks. Wavelength convertors that can work with Dispersion Managed (DM) solitons are attractive due to their superior transmission capabilities. In this paper, wavelength conversion for dispersion managed soliton signals was demonstrated at 100 Gbps through semiconductor optical amplifier and an optical filter. The wavelength conversion was achieved for a 1550 nm input signal to1555nm output signal. The output signal was measured in terms of BER, Q factor and system margin.     <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=all%20optical%20wavelength%20conversion" title="all optical wavelength conversion">all optical wavelength conversion</a>, <a href="https://publications.waset.org/abstracts/search?q=dispersion%20managed%20solitons" title=" dispersion managed solitons"> dispersion managed solitons</a>, <a href="https://publications.waset.org/abstracts/search?q=semiconductor%20optical%20amplifier" title=" semiconductor optical amplifier"> semiconductor optical amplifier</a>, <a href="https://publications.waset.org/abstracts/search?q=cross%20gain%20modultation" title=" cross gain modultation"> cross gain modultation</a> </p> <a href="https://publications.waset.org/abstracts/46267/wavelength-conversion-of-dispersion-managed-solitons-at-100-gbps-through-semiconductor-optical-amplifier" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/46267.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">453</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3404</span> Effects of Cash Transfers Mitigation Impacts in the Face of Socioeconomic External Shocks: Evidence from Egypt</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Basma%20Yassa">Basma Yassa</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Evidence on cash transfers’ effectiveness in mitigating macro and idiosyncratic shocks’ impacts has been mixed and is mostly concentrated in Latin America, Sub-Saharan Africa, and South Asia with very limited evidence from the MENA region. Yet conditional cash transfers schemes have been continually used, especially in Egypt, as the main social protection tool in response to the recent socioeconomic crises and macro shocks. We use 2 panel datasets and 1 cross-sectional dataset to estimate the effectiveness of cash transfers as a shock-mitigative mechanism in the Egyptian context. In this paper, the results from the different models (Panel Fixed Effects model and the Regression Discontinuity Design (RDD) model) confirm that micro and macro shocks lead to significant decline in several household-level welfare outcomes and that Takaful cash transfers have a significant positive impact in mitigating the negative shock impacts, especially on households’ debt incidence, debt levels, and asset ownership, but not necessarily on food, and non-food expenditure levels. The results indicate large positive significant effects on decreasing household incidence of debt by up to 12.4 percent and lowered the debt size by approximately 18 percent among Takaful beneficiaries compared to non-beneficiaries’. Similar evidence is found on asset ownership levels, as the RDD model shows significant positive effects on total asset ownership and productive asset ownership, but the model failed to detect positive impacts on per capita food and non-food expenditures. Further extensions are still in progress to compare the models’ results with the DID model results when using a nationally representative ELMPS panel data (2018/2024) rounds. Finally, our initial analysis suggests that conditional cash transfers are effective in buffering the negative shock impacts on certain welfare indicators even after successive macro-economic shocks in 2022 and 2023 in the Egyptian Context. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cash%20transfers" title="cash transfers">cash transfers</a>, <a href="https://publications.waset.org/abstracts/search?q=fixed%20effects" title=" fixed effects"> fixed effects</a>, <a href="https://publications.waset.org/abstracts/search?q=household%20welfare" title=" household welfare"> household welfare</a>, <a href="https://publications.waset.org/abstracts/search?q=household%20debt" title=" household debt"> household debt</a>, <a href="https://publications.waset.org/abstracts/search?q=micro%20shocks" title=" micro shocks"> micro shocks</a>, <a href="https://publications.waset.org/abstracts/search?q=regression%20discontinuity%20design" title=" regression discontinuity design"> regression discontinuity design</a> </p> <a href="https://publications.waset.org/abstracts/183836/effects-of-cash-transfers-mitigation-impacts-in-the-face-of-socioeconomic-external-shocks-evidence-from-egypt" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/183836.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">44</span> </span> </div> </div> <ul class="pagination"> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=cash%20conversion%20cycle&page=1" rel="prev">&lsaquo;</a></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=cash%20conversion%20cycle&page=1">1</a></li> <li class="page-item active"><span class="page-link">2</span></li> <li class="page-item"><a class="page-link" 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