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.
This article examines the overseas corporate social responsibility (CSR) patterns of Chinese international contractors (CICs). Adopting an institutional and political economy approach, a unique dataset is constructed with country-specific contents drawn from CSR-related reports and website information of 50 top CICs. This dataset provides a foundation for systematic content analysis of CICs’ overseas CSR practices, revealing that both political legitimacy-seeking and strategic competitiveness-seeking motivations drive CICs’ CSR activities abroad, characterized by the prioritization of customer and community engagement. The findings highlight the coexistence of the exogenous pressures for the national image-building purpose and the endogenous awareness of CSR strategic importance for corporate internationalization. The hybridization of political and economic rationales is presented as the defining feature of CICs’ current overseas CSR patterns, with the balance between them being determined by stakeholder type and internal business needs influenced by corporate internationalization experience.
The Method of Discretization in Time (MDT) is a hybrid numerical technique intended to alleviate upfront the computational procedure of timedependent partial differential equations of parabolic type upfront. The MDT engenders a sequence of adjoint second order ordinary differential equations, wherein the space coordinate is the independent variable and time becomes an embedded parameter. Essentially, the adjoint second order ordinary differential equations are considered of “quasistationary” nature. In this work, the MDT is used for the analysis of unsteady heat conduction in regular bodies (large wall, long cylinder and sphere) accounting for nearly constant thermophysical properties, uniform initial temperature and surface heat flux. In engineering applications, the surface heat flux is customarily provided by electrical heating, radiative heating and pool fire heating. It is demonstrated that the approximate, semianalytical temperature solutions of the first adjoint “quasistationary” heat conduction equations using the first time jump are easily obtainable for each regular body. For enhanced acccuracy, regression analysis is applied to the deviations of the dimensionless surface temperature as a function of the dimensionless time for each regular body.
It is proposed to use angular descriptors (in polar and Euler coordinates or quaternions), as well as radiation patterns of many variables, in HF radiofrequency and microwave thermal analysis of anisotropic systems.
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.
Naturally occurring radionuclides can be categorized into two main groups: primordial and cosmogenic, based on their origin. Primordial radionuclides stem from the Earth’s crust, occurring either individually or as part of decay chains. Conversely, cosmogenic radionuclides originate from extraterrestrial sources such as space, the sun, and nuclear reactions involving cosmic radiation and the Earth’s atmosphere. Gamma-ray spectrometry is a widely employed method in Earth sciences for detecting naturally occurring radioactive materials (NORM). Its applications vary from environmental radiation monitoring to mining exploration, with a predominant focus on quantifying the content of uranium (U), thorium (Th), and potassium (K) in rocks and soils. These elements also serve as tracers in non-radioactive processes linked to NORM paragenesis. Furthermore, the heat generated by radioactive decay within rocks plays a pivotal role in deciphering the Earth’s thermal history and interpreting data concerning continental heat flux in geophysical investigations. This paper provides a concise overview of current analytical and measuring techniques, with an emphasis on state-of-the-art mass spectrometric procedures and decay measurements. Earth scientists constantly seek information on the chemical composition of rocks, sediments, minerals, and fluids to comprehend the vast array of geological and geochemical processes. The historical precedence of geochemists in pioneering novel analytical techniques, often preceding their commercial availability, underscores the significance of such advancements. Geochemical analysis has long relied on atomic spectrometric techniques, such as X-ray fluorescence spectrometry (XRFS), renowned for its precision in analyzing solid materials, particularly major and trace elements in geological samples. XRFS proves invaluable in determining the major constituents of silicate and other rock types. This review elucidates the historical development and methodology of these techniques while showcasing their common applications in various geoscience research endeavors. Ultimately, this review aims to furnish readers with a comprehensive understanding of the fundamental concepts and potential applications of XRF, HPGes, and related technologies in geosciences. Lastly, future research directions and challenges confronting these technologies are briefly discussed.
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