This study examines how economic freedom and competition affect bank stability. We use data from 70 ASEAN-4 banks from 2007 to 2019 using the system generalized technique of moments. Results corroborate competition-fragility hypothesis. Market strength (or less competition) can boost bank stability. However, in the ASEAN-4 area, competition and bank stability have a non-linear relationship, suggesting that bank stability may decline after market strength exceeds a threshold. Financial and economic freedom also boosts bank stability. This implies banks in free financial and economic contexts are more stable. Banks with more market dominance in nations with more economic or financial autonomy may also be more unstable. The findings suggest that authorities should allow some competition and economic flexibility to keep banks stable. The study examined ASEAN-4 economic freedom’s effects empirically for the first time. It illuminates competitiveness and bank stability.
Biomass energy is abundant, clean, and carbon dioxide neutral, making it a viable alternative to fossil fuels in the near future. The release of syngas from biomass thermochemical treatments is particularly appealing since it may be used in a variety of heat and power generation systems. When a syngas with low tar and contaminants is required, downdraft gasifiers are usually one of the first gasification devices deployed. It is time-consuming and impractical to evaluate a gasification system's performance under multiple parameters, using every type of biomass currently available, which makes rapid simulation techniques with well-developed mathematical models necessary for the efficient and economical use of energy resources. This work attempts to examine, through model and experimentation, how well a throated downdraft gasification system performs when using pretreatment biomass feedstock that has been characterized. For the analyses, peanut shell (PS), a biomass waste easily obtained locally, was used. The producer gas generated with 9 mm PS pellets had a composition of 17.93% H2, 24.43 % CO, 12.47 % CO2, and 1.22% CH4 on a wet basis at the value of 0.3 equivalency ratio and 800 °C gasification temperature. The calorific value was found to be 4.96 MJ/Nm3. The biomass feedstock PS is found to be suitable for biomass gasification in order to produce syngas.
The need for strategic alignment within HR management increased managers' concern about individual behavior and how this behavior was related to the achievement of goals. In public management, effectively managing employees' performance has been necessary since Weber's bureaucratic administration. The individual performance appraisal is the right tool to assess employees' competencies. Thus, we proposed the following research question: Which factors, as pointed out by theory, have the most significant influence on the individual performance appraisal process? The quantitative method was applied to answer this question, developing and testing a scale via EFA and a hypothetical model via SEM-CB. The results indicated a scale with 25 items able to access the main points of the IPA process and a hypothetical model with 7 constructs that indicate the influence on employee engagement. The main finding is the significant influence of feedback on the whole process. The main theoretical contribution was the construction of the MIPAS scale, and the practical contribution was to identify the points where managers should focus on improving the IPA process with their subordinates.
The development of flexible, wearable electronic devices is one of the future directions of technology development. Flexible conductive materials are important supporting materials for wearable electronic devices. Polymer has excellent flexibility; it is an important way to prepare flexible conductors from polymer-based conductive composites. In this paper, the research progress of polymer-based flexible conductive composites is summarized in terms of preparation and characterization methods. The key factors to realize flexible conductors are put forward, namely, the maintenance of excellent polymer elasticity and the realization of stability. The design and preparation of the extensible conductor with high-elasticity matrix and nanofiller are introduced in detail, and the problems in the current research are summarized.
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