Ownership Concentration and Accounting Conservatism: The Moderating Role of Board Independence

The purpose of this study is to examine the moderating effect of board independence on the relationship between ownership concentration and accounting conservatism. Using fixed-effect regressions for a sample of 165 Vietnamese listed companies from 2007 to 2017, the results revealed that the proportion of outstanding shares owned by the largest shareholder is negatively associated with accounting conservatism and board independence plays a moderating role in this relationship. Our results are robust after applying alternative measures of the largest ownership and correcting for potential endogeneity using fixed-effects regression with instrumental variables. Overall, our evidence shows that firms with concentrated ownership should keep a high non-executive ratio to maintain accounting conservatism. In other words, increasing the number of non-executive directors on boards in firms with a substantial proportion of shares held by the largest shareholder is likely to strengthen the information environment, giving financial reporting more credibility.JEL Classification: G30; G32. Doi: 10.28991/ESJ-2023-07-01-07 Full Text: PD

Current advances in seagrass research: A review from Viet Nam

Seagrass meadows provide valuable ecosystem services but are fragile and threatened ecosystems all over the world. This review highlights the current advances in seagrass research from Viet Nam. One goal is to support decision makers in developing science-based conservation strategies. In recent years, several techniques were applied to estimate the size of seagrass meadows. Independent from the method used, there is an alarming decline in the seagrass area in almost all parts of Viet Nam. Since 1990, a decline of 46.5% or 13,549 ha was found. Only in a few protected and difficult-to-reach areas was an increase observed. Conditions at those sites could be investigated in more detail to make suggestions for conservation and recovery of seagrass meadows. Due to their lifestyle and morphology, seagrasses take up compounds from their environment easily. Phytoremediation processes of Thalassia hemprichii and Enhalus acoroides are described exemplarily. High accumulation of heavy metals dependent on their concentration in the environment in different organs can be observed. On the one hand, seagrasses play a role in phytoremediation processes in polluted areas; on the other hand, they might suffer at high concentrations, and pollution will contribute to their overall decline. Compared with the neighboring countries, the total Corg stock from seagrass beds in Viet Nam was much lower than in the Philippines and Indonesia but higher than that of Malaysia and Myanmar. Due to an exceptionally long latitudinal coastline of 3,260 km covering cool to warm water environments, the seagrass species composition in Viet Nam shows a high diversity and a high plasticity within species boundaries. This leads to challenges in taxonomic issues, especially with the Halophila genus, which can be better deduced from genetic diversity/population structures of members of Hydrocharitaceae. Finally, the current seagrass conservation and management efforts in Viet Nam are presented and discussed. Only decisions based on the interdisciplinary cooperation of scientists from all disciplines mentioned will finally lead to conserve this valuable ecosystem for mankind and biodiversity

Controlled Synthesis of Au Nanoparticles by Modified Polyol Methods: Determination of Their Size, Shape, and Crystal Structure

We successfully prepared Au nanoparticles using the modified polyol methods and design of experiments. The desirable crystal structure and particle size of Au nanoparticles with various kinds of polyhedral and spherical shapes as well as various kinds of their morphologies or complete and rough spherical crystal surfaces were experimentally predicted in TEM and XRD measurements according to the theoretical calculation and data. The fine crystal formation of Au nanostructures by modified polyol methods with EG, PVP, and NaBH4 is of great importance to their practical applications. Our research shows that the critical nucleation, growth, and formation of sizes, shapes, and morphologies of Au nanoparticles were experimentally discussed in modified polyol methods and design of experiments. In this context, our particle size calculation can hold the greatest attraction for researchers in the field of nanoparticles

Adsorption/Desorption Behaviors and SERS Chemical Enhancement of 6-Mercaptopurine on a Nanostructured Gold Surface: The Au20 Cluster Model

Computational approaches are employed to elucidate the binding mechanism and the SERS phenomenon of 6-mercaptopurine (6MP) adsorbed on the tetrahedral Au20 cluster as a simple model for a nanostructured gold surface. Computations are carried out in both vacuum and aqueous environments using a continuum model. In the gaseous phase and neutral conditions, interaction of 6MP with the gold cluster is mostly dominated by a covalent Au−S bond and partially stabilized by the Au⋅⋅⋅H−N coupling. However, in acidic solution, the nonconventional Au⋅⋅⋅H−S hydrogen-bond becomes the most favorable binding mode. The 6MP affinity for gold clusters decreases in the order of vacuum > neutral solution > acidic medium. During the adsorption, the energy gap of Au20 substantially declines, leading to an increase in its electrical conductivity, which can be converted to an electrical noise. Moreover, such interaction is likely a reversible process and triggered by either the low pH in sick tissues or the presence of cysteine residues in protein matrices. While N−H bending and stretching vibrations play major roles in the SERS phenomenon of 6MP on gold surfaces in neutral solution, the strongest enhancement in acidic environment is mostly due to an Au⋅⋅⋅H−S coupling, rather than an aromatic ring-gold surface π overlap as previously proposed

Adsorptive Removal of Rhodamine B Using Novel Adsorbent-Based Surfactant-Modified Alpha Alumina Nanoparticles

The objective of the present study is to investigate removal of cationic dye, rhodamine B (RhB), in water environment using a high-performance absorbent based on metal oxide nanomaterials toward green chemistry. The adsorption of sodium dodecyl sulfate (SDS) onto synthesized alpha alumina (α-Al2O3) material (M0) at different ionic strengths under low pH was studied to fabricate a new adsorbent as SDS-modified α-Al2O3 material (M1). The RhB removal using M1 was much higher than M0 under the same experimental conditions. The optimal conditions for RhB removal using M1 were found to be contact time 30 min, pH 4, and adsorbent dosage 5 mg/mL. The maximum RhB removal using M1 achieved 100%, and adsorption amount reached 52.0 mg/g. Adsorption isotherms of RhB onto M1 were well fitted by the two-step adsorption model. The electrostatic attraction between positive RhB molecules and negatively charged M1 surface controlled the adsorption that was evaluated by the surface charge change with zeta potential and adsorption isotherms. Very high RhB removal of greater than 98% after four regenerations of M1 and the maximum removal for all actual textile wastewater samples demonstrate that SDS-modified nano α-Al2O3 is a high-performance and reusable material for RhB removal from wastewater

Pt-Based Multimetal Electrocatalysts and Potential Applications: Recent Advancements in the Synthesis of Nanoparticles by Modified Polyol Methods

In our review, we have presented a summary of the research accomplishments of nanostructured multimetal-based electrocatalysts synthesized by modified polyol methods, especially the special case of Pt-based nanoparticles associated with increasing potential applications for batteries, capacitors, and fuel cells. To address the problems raised in serious environmental pollution, disease, health, and energy shortages, we discuss and present an improved polyol process used to synthesize nanoparticles from Pt metal to Pt-based bimetal, and Pt-based multimetal catalysts in the various forms of alloy and shell core nanostructures by practical experience, experimental skills, and the evidences from the designed polyol processes. In their prospects, there are the micro/nanostructured variants of hybrid Pt/nanomaterials, typically such as Pt/ABO3-type perovskite, Pt/AB2O4-type ferrite, Pt/CoFe2O4, Pt/oxide, or Pt/ceramic by modified polyol processes for the development of electrocatalysis and energy technology. In the future, we suggest that both the polyol and the sol-gel processes of diversity and originality, and with the use of various kinds of water, alcohols, polyols, other solvents, reducing agents, long-term capping and stabilizing agents, and structure- and property-controlling agents, are very effectively used in the controlled synthesis of micro/nanoparticles and micro/nanomaterials. It is understood that at the levels of controlling and modifying molecules, ions, atoms, and nano/microscales, the polyol or sol-gel processes, and their technologies are effectively combined in bottom-up and top-down approaches, as are the simplest synthetic methods of physics, chemistry, and biology from the most common aqueous solutions as well as possible experimental conditions

Study on biocharacteristics of Symbiodinium sp. isolated from soft coral in coastal water of Quang Nam, south central Vietnam

Phototrophic dinoflagellates of the genus Symbiodinium (= zooxanthellae) are well known as symbionts of corals. They play an important role in maintaining the healthy as well as establishment of new reefs. In addition, products such as toxins or pigments from these symbiotic microalgae are potentially important for applications in the biomedical sciences, especially in new drug development. In this study, we isolated successfully a symbiotic microalga from soft coral Sinularia sp. which was collected in Cu Lao Cham coastal waters of Quang Nam province. Based on morphological characteristics and 18S rRNA gene sequences, isolated SHM8 strain was identified as Symbiodinium goreaui. This symbiont was cultured in different media such as ASP-A8, F2, ES, IMK, K, and L1. L1 culture medium supplemented with taurine concentration of 4.88 mM led to the cell density of SHM8 strain increased in 50% compared to control on day 2 in cultivation; amino acid mixture enhanced cell density by 31.7% on day 5 in cultivation. Supplementation of carbon source (bicarbonate salt of 16.8 g/L) and nitrogen source (nitrate salt of 0.055 g/L) enhanced the cell density by 40% and 27%, respectively on day 6 in culture. Obtained results in this study proved that this microalga can live independently without host. Successful isolation and cultivation of Symbiodinium microalga are one of the necessary conditions for promising researches on the natural bioactive substances from this microalgal biomass in the future in Vietnam.   Citation: Dang Diem Hong, Pham Van Nhat, Hoang Thi Huong Quynh, Luu Thi Tam, Ngo Thi Hoai Thu, Nguyen Cam Ha, Hoang Thi Lan Anh, Nguyen Hoai Nam, Nguyen Thi Minh Hang, Chau Van Minh, 2017. Study on biocharacteristics of Symbiodinium sp. isolated from soft coral in coastal water of Quang Nam, south central Vietnam. Tap chi Sinh hoc, 39(3): 367-375. DOI: 10.15625/0866-7160/v39n3.10112. *Corresponding author: [email protected] Received 19 June 2017, accepted 20 August 201

Silver Nanoparticles Ecofriendly Synthesized by Achyranthes aspera and Scoparia dulcis Leaf Broth as an Effective Fungicide

This study describes an inexpensive, simple and green method to form silver nanoparticles from different leaf extracts of Achyranthes aspera and Scoparia dulcis plants. The silver nitrate is reduced by Achyranthes aspera and Scoparia dulcis leaf extracts respectively to generate two silver nanoparticle types symbolized as AA.AgNPs and SD.AgNPs. The optical absorption, size and morphology of silver nanoparticles are significantly impacted by extract types. The ultraviolet visible spectrum of AA.AgNPs shows a 433-nm peak being more broadened than that of SD.AgNPs. The Fourier infrared transform spectra of two of these silver nanoparticles revealed that their surface is modified by organic constituents from extracts, and thus they are stabilized in solution without any additional reaction. Images from transmission electron microscopy and scanning electron microscope indicate that AA.AgNPs are in clusters with the size of 8–52 nm almost possessing oval shape, while SD.AgNPs are smaller size of 5-45 nm separated well in diversified shapes (spherical, triangle, quadrilateral and hexagonal). Moreover, both AA.AgNPs and SD.AgNPs exhibit the highly antifungal effect against Aspergillus niger, Aspergillus flavus and the most strong impact on Fusarium oxysporum. For these obtained results, two new silver nanoparticles are promising fungicides for various applications of medical and agricultural fields

Use of 3-hydroxy-4-(trifluoromethyl)azetidin-2-ones as building blocks for the preparation of trifluoromethyl-containing aminopropanes, 1,3-oxazinan-2-ones, aziridines, and 1,4-dioxan-2-ones

3-Hydroxy-4-(trifluoromethyl)azetidin-2-ones were synthesized from the corresponding 3-benzyloxy--lactams and successfully transformed into new 3-chloro-4-(trifluoromethyl)azetidin-2-one building blocks. The latter chlorides were shown to be eligible precursors for the construction of CF3-containing aminopropanes, 1,3-oxazinanes, 1,3-oxazinan-2-ones, and aziridines. In addition, 3-hydroxy-4-(trifluoromethyl)azetidin-2-ones proved to be interesting substrates for the synthesis of novel 3-[2,2,2-trifluoro-1-(arylamino)ethyl]-1,4-dioxan-2-ones via intramolecular cyclization of 3-(2-hydroxyethoxy)--lactam intermediates

Species discrimination of novel chloroplast DNA barcodes and their application for identification of Panax (Aralioideae, Araliaceae)

Certain species within the genus Panax L. (Araliaceae) contain pharmacological precious ginsenosides, also known as ginseng saponins. Species containing these compounds are of high commercial value and are thus of particular urgency for conservation. However, within this genus, identifying the particular species that contain these compounds by morphological means is challenging. DNA barcoding is one method that is considered promising for species level identification. However, in an evolutionarily complex genus such as Panax, commonly used DNA barcodes such as nrITS, matK, psbA-trnH, rbcL do not provide species-level resolution. A recent in silico study proposed a set of novel chloroplast markers, trnQ-rps16, trnS-trnG, petB, and trnE-trnT for species level identification within Panax. In the current study, the discriminatory efficiency of these molecular markers is assessed and validated using 91 reference barcoding sequences and 38 complete chloroplast genomes for seven species, one unidentified species and one sub-species of Panax, and two outgroup species of Aralia L. along with empirical data of Panax taxa present in Vietnam via both distance-based and tree-based methods. The obtained results show that trnQ-rps16 can classify with species level resolution every clade tested here, including the highly valuable Panax vietnamensis Ha et Grushv. We thus propose that this molecular marker to be used for identification of the species within Panax to support both its conservation and commercial trade