WHAT INFLUENCE THE COMPANY’S ECONOMIC VALUE ADDED? EMPIRICAL EVIDENCE FROM CHINA'S SECURITIES MARKET

This paper empirically examined what would influence economic value added of the companies listed in China’s securities market. The methods of Factor analysis and multivariable linear regression model were used here. It drew the conclusion that the company’s capital structure, profit ability, size, growth ability, management ability, and industry’s return on equity had positive influence on EVA, indicating that these factors had an active influence on EVA. The intangible asset had poor negative relationship with EVA. And the inventory management ability had no influence on EVA. The possible reasons were discussed later and, some advice was given at the end in order to increase the company’s economic value. Key words: Economic value added, Influence factor, Chin

DuPont Model and Product Profitability Analysis Based on Activity-based Costing and Economic Value Added

Although DuPont analysis is widely used it is not easy to provide accurate performance information based on DuPont profitability analysis, which is established on the basis of traditional accounting earnings. Since Activity-based Costing (ABC) and Economic Value Added (EVA) are advanced approaches to costing activities and estimating economic profit of a firm, DuPont analysis using ABC and EVA information can be more appropriate in understanding Return on Equity (ROE). In this paper we set up an improved EVA-ABC based DuPont analysis system as well as its relative indices. Then it is applied to traditional profitability analysis to get a better performance measurement. The results show that the improved system can reduce the negative impacts of accounting principles and objectively reflect the operating performance of the enterprise. It also provides more accurate information for decision makers. Keywords: DuPont Analysis; Activity-based Costing; Economic Value Added; Profitability Analysi

Product Pricing Based on Activity-Based Costing

Activity-based costing could provide relatively accurate cost information and better serve the enterprise’s product pricing decision. Through the analysis of cost behavior on activities, it divides product costs into unit level, batch level, product-sustaining level and facility level activity costs, which can avoid the overlapping between the costs caused by dividing the costs into variable cost, activity cost and fixed cost. On this base, product pricing model is established based on the information of activity based costing. Case study shows that different pricing methods get different prices, which will provide different product-mix pricing decisions for enterprises. Keywords: Activity-based costing, Pricing decisions, Cost behavio

Rapid glycation with D-ribose induces globular amyloid-like aggregations of BSA with high cytotoxicity to SH-SY5Y cells

<p>Abstract</p> <p>Background</p> <p>D-ribose in cells and human serum participates in glycation of proteins resulting in advanced glycation end products (AGEs) that affect cell metabolism and induce cell death. However, the mechanism by which D-ribose-glycated proteins induce cell death is still unclear.</p> <p>Results</p> <p>Here, we incubated D-ribose with bovine serum albumin (BSA) and observed changes in the intensity of fluorescence at 410 nm and 425 nm to monitor the formation of D-ribose-glycated BSA. Comparing glycation of BSA with xylose (a control for furanose), glucose and fructose (controls for pyranose), the rate of glycation with D-ribose was the most rapid. Protein intrinsic fluorescence (335 nm), Nitroblue tetrazolium (NBT) assays and Western blotting with anti-AGEs showed that glycation of BSA incubated with D-ribose occurred faster than for the other reducing sugars. Protein intrinsic fluorescence showed marked conformational changes when BSA was incubated with D-ribose. Importantly, observations with atomic force microscopy showed that D-ribose-glycated BSA appeared in globular polymers. Furthermore, a fluorescent assay with Thioflavin T (ThT) showed a remarkable increase in fluorescence at 485 nm in the presence of D-ribose-glycated BSA. However, ThT fluorescence did not show the same marked increase in the presence of xylose or glucose. This suggests that glycation with D-ribose induced BSA to aggregate into globular amyloid-like deposits. As observed by Hoechst 33258 staining, 3-(4, 5-dimethylthiazol-2-yl)-2,5-diphenyl tetrazolium bromide (MTT) and cell counting kit-8 (CCK-8) assay, lactate dehydrogenase (LDH) activity assay, flow cytometry using Annexin V and Propidium Iodide staining and reactive oxygen species (ROS) measurements, the amyloid-like aggregation of glycated BSA induced apoptosis in the neurotypic cell line SH-SY5Y.</p> <p>Conclusion</p> <p>Glycation with D-ribose induces BSA to misfold rapidly and form globular amyloid-like aggregations which play an important role in cytotoxicity to neural cells.</p

Polytypism and Unexpected Strong Interlayer Coupling of two-Dimensional Layered ReS2

The anisotropic two-dimensional (2D) van der Waals (vdW) layered materials, with both scientific interest and potential application, have one more dimension to tune the properties than the isotropic 2D materials. The interlayer vdW coupling determines the properties of 2D multi-layer materials by varying stacking orders. As an important representative anisotropic 2D materials, multilayer rhenium disulfide (ReS2) was expected to be random stacking and lack of interlayer coupling. Here, we demonstrate two stable stacking orders (aa and a-b) of N layer (NL, N>1) ReS2 from ultralow-frequency and high-frequency Raman spectroscopy, photoluminescence spectroscopy and first-principles density functional theory calculation. Two interlayer shear modes are observed in aa-stacked NL-ReS2 while only one interlayer shear mode appears in a-b-stacked NL-ReS2, suggesting anisotropic-like and isotropic-like stacking orders in aa- and a-b-stacked NL-ReS2, respectively. The frequency of the interlayer shear and breathing modes reveals unexpected strong interlayer coupling in aa- and a-b-NL-ReS2, the force constants of which are 55-90% to those of multilayer MoS2. The observation of strong interlayer coupling and polytypism in multi-layer ReS2 stimulate future studies on the structure, electronic and optical properties of other 2D anisotropic materials

Structural and spectral dynamics of single-crystalline Ruddlesden-Popper phase halide perovskite blue light-emitting diodes.

Achieving perovskite-based high-color purity blue-emitting light-emitting diodes (LEDs) is still challenging. Here, we report successful synthesis of a series of blue-emissive two-dimensional Ruddlesden-Popper phase single crystals and their high-color purity blue-emitting LED demonstrations. Although this approach successfully achieves a series of bandgap emissions based on the different layer thicknesses, it still suffers from a conventional temperature-induced device degradation mechanism during high-voltage operations. To understand the underlying mechanism, we further elucidate temperature-induced device degradation by investigating the crystal structural and spectral evolution dynamics via in situ temperature-dependent single-crystal x-ray diffraction, photoluminescence (PL) characterization, and density functional theory calculation. The PL peak becomes asymmetrically broadened with a marked intensity decay, as temperature increases owing to [PbBr6]4- octahedra tilting and the organic chain disordering, which results in bandgap decrease. This study indicates that careful heat management under LED operation is a key factor to maintain the sharp and intense emission