13 research outputs found

    A new evaluation model for corporate financial performance using integrated CCSD and FCM-ARAS approach

    Get PDF
    The financial performance is an indicator of financial stability, health and condition of any organisation. It could be utilised as a proper measure of the firm’s credibility and its ability to pay off debts. Financial institutions use this measure to determine the lending policy and applicants’credits. This study proposes a model based on the CCSD weighing method and hybrid FCM- ARAS approach for clustering and evaluating the financial performance to enable banks to identify target groups and design appropriate and relevant policies. Based on previous studies and the views of senior financial managers of a public bank in Iran, eight economic criteria were evaluated. The presented method was used to assess the financial performance of 58 manufacturing companies applying for loans from a federal bank in Iran. However, the CCSD method was used to calculate criteria weights, and a hybrid FCM-ARAS approach was developed and applied to financial evaluation and clustering the companies. The use of the CCSD method can eliminate errors caused by subjective models and human judgments, and increase the accuracy of the assessment. In this study, the debt ratio and equity to total assets and ROA were identified as the main criteria to assess financial performanc

    Bioactive sesquiterpene lactone from Artemisia santolina

    Get PDF
    Most species of genus Artemisia L. (Compositae) are medicinal herbswith several uses in the folk medicine worldwide. In the present study, methanol extract of Artemisia santolina has been subjected for isolation of its metabolites along with evaluation of cytotoxic activity against Artemia salina larvae. The structures of the compounds determined by 1H-and 13C-NMR, HMQC, HMBC, 1H-1H COSY and Mass spectral analysis. Two sesquiterpenes, 1,5-dihydroxy- 4(15)eudesman-12,6-olid (artemin) (1), 2-hidroxy-2,6,10-trimethyl-7,10- oxide-3,11-dodecadien-5-one (2) and one flavonoid, 5,7,4'-trihydroxy-6,3'-dimethoxyflavone (jaceosidin) (3) have been successfully characterized. Cytotoxicity of the sesquiterpene lactone (1), was assessed on Artemia salina larvae and resulted in IC50 value of 6.44 μg/mL, which was more potent compared to the positive standard berberine hydrochloride (IC50 = 26 μg/mL). In this study, the separation and identification of two sesquiterpenes and one flavone from the aerial parts of A. santolina is described. Among them the compound artemin (1) showed a toxicity effect against A. salina nauplii

    Selective inhibition of the biosynthesis of penicillic acid.

    No full text
    In the present study the mould Penicillium-cyclopium was chosen as a model system, with a view to exploring the possibility of selectively inhibiting the interconversion of its metabolites, orsellinic acid and penicillic acid. This sequence necessitates a ring fission, involving cleavage of the bond linking carbon atoms 4 and 5 of orsellinic acid. This thesis is divided into three chapters: 1. A general introduction consisting of a survey of the background literature relating to the biosynthesis of penicillic acid. 2. This describes the syntheses of potential inhibitors including some derivatives of orsellinic acid. The established pathway for the preparation of orsellinic acid from ethyl acetoacetate and ethyl crotonate via bromination, hydrolysis and debromination is also evaluated, and the existing confusion in the literature concerning the bromination stage of this procedure is discussed. 3. This chapter is divided into two parts: Part one concerns an investigation of various aspects of the course of the fermentation of P. cyclopium and its relationship to the biosynthesis of penicillic acid. In addition, the recovery of the culture filtrate metabolites 3-methoxy-2,5-toluquinol and the corresponding quinone is described. Part two is devoted to a study of the feasibility of selectively inhibiting penicillic acid biosynthesis, using strategically-designed derivatives of advanced intermediates such 5-chloroorsellinic acid. The inhibitory effect of low concentrations of this inhibitor was demonstrated through a series of feeding and autoradiographic experiments, which also led to the observation of the concomitant accumulation of other metabolites, two of which were shown to be precursors of penicillic acid

    Analysis of Photodegraded Lignin and Lignin Model Compounds by ATR-FTIR Spectroscopy

    No full text
    In this study, optical behavior of methylated and unmethylated Bjorkman lignin from poplar wood and two lignin model compound (phenolic and non phenolic) with β-O-4 linkages was investigated. First, these lignins were precipitated on a cellulosic matrix (Whatman Paper) using different times (0, 5, 10, 15, 20 h) and then matrixcovered surface was analyzed using Attenuated Total Reflectance FTIR technique. The results showed that irradiation altered the chemical structure of all samples. Lignin was the most sensitive component to photodegradation and the intensities of its characteristic bands decreased significantly during the process of irradiation. This was accompanied by formation of new carbonyl groups appearing at 1735 cm_1. Compared with the unmethylated forms, the rate of lignin degradation and carbonyl formation was relatively lower in methylated forms. In other words, methylation of phenolic hydroxyl group reduced the chemical changes induced by irradiation

    New Facile Route to Synthesize Furo[3,2-<i>e</i>][1,2,4]triazolo[4,3-<i>c</i>]pyrimidine and Furo[3,2-<i>e</i>][1,2,4]triazolo[1,5-<i>c</i>]pyrimidine Derivatives

    No full text
    <div><p></p><p>A new facile route for synthesis of 3-(aryl)-8,9-diphenylfuro[3,2-<i>e</i>][1,2,4]triazolo pyrimidines derivative from the same starting material, 2-amino-4,5-diphenylfuran-3-carbonitrile, has been developed through heterocyclization of the corresponding arylidene-hydrazono-5,6-diphenylfuro[2,3-<i>d</i>]pyrimidine and <i>N</i>-(arylmethylene)-4-imino-5,6-diphenylfuro[2,3-<i>d</i>]pyrimidin-3(4<i>H</i>)-amine under refluxing condition with acetic anhydride followed by air oxidation. The products were obtained in good yield with an easy workup along with the purification of products by a nonchromatographic method. This general synthetic procedure can be extended to the preparation of a wide range of isomeric triazoles using 2-amino 3-carbonitrile bifunctional derivatives.</p> </div
    corecore