111 research outputs found
The impact of corporate governance structure on commercial banks' profitability in China
Abstract
The concept of corporate governance gradually received much more attention in the past decades. The main reason why researchers turn their eyes to the new area of corporate study is that it is found to be one of the main causes of corporate scandals and failures. Especially after the financial crisis in 2008, when studying the causes of the crisis, researchers found that corporate governance structure played a significant role in promoting the cause of the crisis. Therefore, more and more scholars take corporate governance as their research topic.
This paper takes the influence of corporate governance on the profitability of commercial banks as the research object, and in this paper, 32 Chinese Listed Commercial Banks come from Shanghai Stock Exchange, and the time span of data is from 2008 to 2018. As a major contributor to China's economy and an entity maintaining economic and financial stability, it is very important for banks to understand the role of corporate governance on performance.
The focus of the study is to find out the impact of corporate governance on the financial performance of banks. For this purpose, independent variables are indicators to measure corporate governance obtained by reading and summarizing relevant literature. The financial performance indicator used is a return on assets. This paper examines the relationship between corporate governance and listed banks in China by establishing a multiple linear regression model. The results show that the relationship between the two is consistent with the hypothesis in this paper; that is, corporate governance helps to improve the banksā profitability in China. Accordingly, this paper puts forward corresponding countermeasures suitable for improving the profitability of listed commercial banks in China
Repeated Loading Model for Elastic-Plastic Contact of Geomaterial
A new nonlinear hysteretic model with considering the loading, unloading, and reloading processes is developed based on DruckerāPrager yield criterion and finite-element analysis. This model can be used for multiple repeated elasticāplastic normal direction contact problems between two identical spherical geomaterials. After examining the influence of material properties, strain hardening, and loading histories, we found that the hysteretic phenomena (represented by residual displacement and plastic work) become weak after the first cycle, and the subsequent cycles step into elastic shakedown state eventually. A critical number of cycles can be used to estimate the state of ratchetting, plastic shakedown, as well as elastic shakedown. It also found that the subsequent curves will be stiffer than the previous ones, especially when the yield strength is high and ratchetting effect is not strong. This new model can be used for a wide range of geomaterials under different loading levels, and it can also be extended to describe the constitutive behavior of spheres under earthquake as well as aftershocks
ShaDDR: Real-Time Example-Based Geometry and Texture Generation via 3D Shape Detailization and Differentiable Rendering
We present ShaDDR, an example-based deep generative neural network which
produces a high-resolution textured 3D shape through geometry detailization and
conditional texture generation applied to an input coarse voxel shape. Trained
on a small set of detailed and textured exemplar shapes, our method learns to
detailize the geometry via multi-resolution voxel upsampling and generate
textures on voxel surfaces via differentiable rendering against exemplar
texture images from a few views. The generation is real-time, taking less than
1 second to produce a 3D model with voxel resolutions up to 512^3. The
generated shape preserves the overall structure of the input coarse voxel
model, while the style of the generated geometric details and textures can be
manipulated through learned latent codes. In the experiments, we show that our
method can generate higher-resolution shapes with plausible and improved
geometric details and clean textures compared to prior works. Furthermore, we
showcase the ability of our method to learn geometric details and textures from
shapes reconstructed from real-world photos. In addition, we have developed an
interactive modeling application to demonstrate the generalizability of our
method to various user inputs and the controllability it offers, allowing users
to interactively sculpt a coarse voxel shape to define the overall structure of
the detailized 3D shape
A Simple Model for Elastic-Plastic Contact of Granular Geomaterials
We propose a simple elastic-plastic contact model by considering the interaction of two spheres in the normal direction, for use in discrete element method (DEM) simulations of geomaterials. This model has been developed by using the finite element method (FEM) and nonlinear fitting methods, in the form of power-law relation of the dimensionless normal force and displacement. Only four parameters are needed for each loading-unloading contact process between two spheres, which are relevant to material properties evaluated by FEM simulations. Within the given range of material properties, those four parameters can be quickly accessed by interpolating the data appended or by regression functions supplied. Instead of the Von Mises (V-M) yield criterion, the Drucker-Prager (D-P) criterion is used to describe the yield behavior of contacting spheres in this model. The D-P criterion takes the effects of confining pressure, the intermediate principal stress, and strain rate into consideration; thus, this model can be used for DEM simulation of geomaterials as well as other granular materials with pressure sensitivity
Influence of power pulse parameters on the microstructure and properties of the AlCrN coatings by a modulated pulsed power magnetron sputtering
In this study, AlCrN coatings were deposited using modulated pulsed power magnetron sputtering (MPPMS) with different power pulse parameters by varying modulated pulsed power (MPP) charge voltages (350 to 550 V). The influence of power pulse parameters on the microstructure, mechanical properties and thermal stability of the coatings was investigated. The results indicated that all the AlCrN coatings exhibited a dense columnar microstructure. Higher charge voltage could facilitate a denser coating microstructure. As the charge voltage increased up to 450 V or higher, the microvoids along the column boundaries disappeared and the coatings became fully dense. The main phase in the AlCrN coatings was the c-(Al, Cr)N solid solution phase with NaCl-type phase structure. A diffraction peak of the h-AlN phase was detected at a 2Īø of around 33Ā°, when the charge voltage was higher than 500 V. The hardness of the AlCrN coatings varied as a function of charge voltage. The maximum value of the hardness (30.8 GPa) was obtained at 450 V. All the coatings showed good thermal stability and maintained their structure and mechanical properties unchanged up to 800 Ā°C during vacuum annealing. However, further increasing the annealing temperature to 1000 Ā°C resulted in apparent change in the microstructure and decrease in the hardness. The charge voltages also showed a significant influence on the high-temperature tribological behavior of the coatings. The coating deposited at the charge voltage of 550 V exhibited excellent tribological properties with a low friction coefficient
Alkaline-stable nickel manganese oxides with ideal band gap for solar fuel photoanodes
Combinatorial (photo)electrochemical studies of the (NiāMn)O_x system reveal a range of promising materials for oxygen evolution photoanodes. X-ray diffraction, quantum efficiency, and optical spectroscopy mapping reveal stable photoactivity of NiMnO_3 in alkaline conditions with photocurrent onset commensurate with its 1.9 eV direct band gap. The photoactivity increases upon mixture with 10ā60% Ni_6MnO_8 providing an example of enhanced charge separation via heterojunction formation in mixed-phase thin film photoelectrodes. Density functional theory-based hybrid functional calculations of the band edge energies in this oxide reveal that a somewhat smaller than typical fraction of exact exchange is required to explain the favorable valence band alignment for water oxidation
High Throughput Discovery of Solar Fuels Photoanodes in the CuO-V_2O_5 System
Solar photoelectrochemical generation of fuel is a promising energy technology yet the lack of an efficient, robust photoanode remains a primary materials challenge in the development and deployment of solar fuels generators. Metal oxides comprise the most promising class of photoanode materials, but no known material meets the demanding requirements of low band gap energy, photoelectrocatalysis of the oxygen evolution reaction (OER), and stability under highly oxidizing conditions. Here, the identification of new photoelectroactive materials is reported through a strategic combination of combinatorial materials synthesis, high-throughput photoelectrochemistry, optical spectroscopy, and detailed electronic structure calculations. Four photoelectrocatalyst phases, Ī±-Cu_2V_2O_7, Ī²-Cu_2V_2O_7,Ī³-Cu_3V_2O_8, and Cu_(11)V_6O_(26), are reported with band gap energy at or below 2 eV. The photoelectrochemical properties and 30 min stability of these copper vanadate phases are demonstrated in three different aqueous electrolytes (pH 7, pH 9, and pH 13), with select combinations of phase and electrolyte exhibiting unprecedented photoelectrocatalytic stability for metal oxides with sub-2 eV band gap. Through integration of experimental and theoretical techniques, new structure-property relationships are determined and establish CuOāV_2O_5 as the most prominent composition system for OER photoelectrocatalysts, providing crucial information for materials genomes initiatives and paving the way for continued development of solar fuels photoanodes
Generation and characterization of high affinity human monoclonal antibodies that neutralize staphylococcal enterotoxin B
Alkaline-stable nickel manganese oxides with ideal band gap for solar fuel photoanodes
Combinatorial (photo)electrochemical studies of the (NiāMn)O_x system reveal a range of promising materials for oxygen evolution photoanodes. X-ray diffraction, quantum efficiency, and optical spectroscopy mapping reveal stable photoactivity of NiMnO_3 in alkaline conditions with photocurrent onset commensurate with its 1.9 eV direct band gap. The photoactivity increases upon mixture with 10ā60% Ni_6MnO_8 providing an example of enhanced charge separation via heterojunction formation in mixed-phase thin film photoelectrodes. Density functional theory-based hybrid functional calculations of the band edge energies in this oxide reveal that a somewhat smaller than typical fraction of exact exchange is required to explain the favorable valence band alignment for water oxidation
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