Abstract: Recent evidences on liquidity and valuation of securities in the capital markets clearly show the importance of stock market liquidity and valuation of firms. In this paper, relationship between transparency, liquidity, and valuation is studied by using data obtained from 70 companies listed in Tehran Stock Exchange during2003-2012. In this study, discriminatory earnings management, as a sign of lack of transparency and Tobin's Q, was used as the criteria of valuation. The results indicate that there is a significant and reversed relationship between earnings management and liquidity. On the other hand, there is a relationship between liquidity and transparency.The results also indicate a significant relationship between transparency and valuation. Transparency has an indirect effect on firm valuation alone or through the liquidity channel. Although the effect of transparency on the value of a firm was reduced by adding the variable of liquidity, the cumulative effect of transparency and liquidity increased.
Abstract: This paper describes a probabilistic method for
three-dimensional object recognition using a shared pool of surface
signatures. This technique uses flatness, orientation, and convexity
signatures that encode the surface of a free-form object into three
discriminative vectors, and then creates a shared pool of data by
clustering the signatures using a distance function. This method
applies the Bayes-s rule for recognition process, and it is extensible
to a large collection of three-dimensional objects.
Abstract: A study has been carried out to determine the effect of
coating two commercial glass-ionomer cements in either petroleum
jelly or wax. After coating, specimens were stored in water for 24 or
168 hours, then the coating removed and the surface examined.
Coating in wax was found to increase the surface hardness
significantly compared with the uncoated control, whereas coating
the specimens in petroleum jelly led to only a slight increase in
surface hardness. Coating in wax led to no detectable ion release
after either 24 or 168 hours, though there was some ion release after
the coating had been removed and the specimens exposed to water
for a further 24 hours. This shows that soluble species remained in
these specimens. Overall, this study confirms the idea that immature
glass-ionomers should be protected from early exposure to moisture,
and that the protection offered by petroleum jelly is only modest.
Abstract: The demand for new telecommunication services requiring higher capacities, data rates and different operating modes have motivated the development of new generation multi-standard wireless transceivers. A multi-standard design often involves extensive system level analysis and architectural partitioning, typically requiring extensive calculations. In this research, a decimation filter design tool for wireless communication standards consisting of GSM, WCDMA, WLANa, WLANb, WLANg and WiMAX is developed in MATLAB® using GUIDE environment for visual analysis. The user can select a required wireless communication standard, and obtain the corresponding multistage decimation filter implementation using this toolbox. The toolbox helps the user or design engineer to perform a quick design and analysis of decimation filter for multiple standards without doing extensive calculation of the underlying methods.
Abstract: QoS Routing aims to find paths between senders and
receivers satisfying the QoS requirements of the application which
efficiently using the network resources and underlying routing
algorithm to be able to find low-cost paths that satisfy given QoS
constraints. The problem of finding least-cost routing is known to be
NP hard or complete and some algorithms have been proposed to
find a near optimal solution. But these heuristics or algorithms either
impose relationships among the link metrics to reduce the complexity
of the problem which may limit the general applicability of the
heuristic, or are too costly in terms of execution time to be applicable
to large networks. In this paper, we analyzed two algorithms namely
Characterized Delay Constrained Routing (CDCR) and Optimized
Delay Constrained Routing (ODCR). The CDCR algorithm dealt an
approach for delay constrained routing that captures the trade-off
between cost minimization and risk level regarding the delay
constraint. The ODCR which uses an adaptive path weight function
together with an additional constraint imposed on the path cost, to
restrict search space and hence ODCR finds near optimal solution in
much quicker time.
Abstract: Small signal stability causes small perturbations in the
generator that can cause instability in the power network. It is
generally known that small signal stability are directly related to the
generator and load properties. This paper examines the effects of
generator input variations on power system oscillations for a small
signal stability study. Eigenvaules and eigenvectors are used to
examine the stability of the power system. The dynamic power
system's mathematical model is constructed and thus calculated using
load flow and small signal stability toolbox on MATLAB. The power
system model is based on a 3-machine 9-bus system that was
modified to suit this study. In this paper, Participation Factors are a
means to gauge the effects of variation in generation with other
parameters on the network are also incorporated.
Abstract: In this paper we present a novel design of a wearable
electronic textile. After defining a special application, we used the
specifications of some low power, tiny elements including sensors,
microcontrollers, transceivers, and a fault tolerant special topology to
have the most reliability as well as low power consumption and
longer lifetime. We have considered two different conditions as
normal and bodily critical conditions and set priorities for using
different sensors in various conditions to have a longer effective
lifetime.
Abstract: The purpose of this note is to obtain some properties of
(∈,∈ ∨q)- fuzzy bi-ideals in a Γ-semigroup in order to characterize
regular and intra-regular Γ-semigroups.
Abstract: In this paper we introduce a new class of mg-continuous mapping and studied some of its basic properties.We obtain some characterizations of such functions. Moreover we define sub minimal structure and further study certain properties of mg-closed sets.
Abstract: Ground-level tropospheric ozone is one of the air
pollutants of most concern. It is mainly produced by photochemical
processes involving nitrogen oxides and volatile organic compounds
in the lower parts of the atmosphere. Ozone levels become
particularly high in regions close to high ozone precursor emissions
and during summer, when stagnant meteorological conditions with
high insolation and high temperatures are common.
In this work, some results of a study about urban ozone
distribution patterns in the city of Badajoz, which is the largest and
most industrialized city in Extremadura region (southwest Spain) are
shown. Fourteen sampling campaigns, at least one per month, were
carried out to measure ambient air ozone concentrations, during
periods that were selected according to favourable conditions to
ozone production, using an automatic portable analyzer.
Later, to evaluate the ozone distribution at the city, the measured
ozone data were analyzed using geostatistical techniques. Thus, first,
during the exploratory analysis of data, it was revealed that they were
distributed normally, which is a desirable property for the subsequent
stages of the geostatistical study. Secondly, during the structural
analysis of data, theoretical spherical models provided the best fit for
all monthly experimental variograms. The parameters of these
variograms (sill, range and nugget) revealed that the maximum
distance of spatial dependence is between 302-790 m and the
variable, air ozone concentration, is not evenly distributed in reduced
distances. Finally, predictive ozone maps were derived for all points
of the experimental study area, by use of geostatistical algorithms
(kriging). High prediction accuracy was obtained in all cases as
cross-validation showed. Useful information for hazard assessment
was also provided when probability maps, based on kriging
interpolation and kriging standard deviation, were produced.
Abstract: This paper presents the approach to design the Auto-
Tuning PID controller for interactive Water Level Process using
integral step response. The Integral Step Response (ISR) is the
method to model a dynamic process which can be done easily,
conveniently and very efficiently. Therefore this method is advantage
for design the auto tune PID controller. Our scheme uses the root
locus technique to design PID controller. In this paper MATLAB is
used for modeling and testing of the control system. The
experimental results of the interacting water level process can be
satisfyingly illustrated the transient response and the steady state
response.
Abstract: In this paper optimization of routing in ad-hoc
networks is surveyed and a new method for reducing the complexity
of routing algorithms is suggested. Using binary matrices for each
node in the network and updating it once the routing is done, helps
nodes to stop repeating the routing protocols in each data transfer.
The algorithm suggested can reduce the complexity of routing to the
least amount possible.
Abstract: Simulation of occlusal function during laboratory
material-s testing becomes essential in predicting long-term
performance before clinical usage. The aim of the study was to assess
the influence of chamfer preparation depth on failure risk of heat
pressed ceramic crowns with and without zirconia framework by
means of finite element analysis. 3D models of maxillary central
incisor, prepared for full ceramic crowns with different depths of the
chamfer margin (between 0.8 and 1.2 mm) and 6-degree tapered
walls together with the overlying crowns were generated using
literature data (Fig. 1, 2). The crowns were designed with and
without a zirconia framework with a thickness of 0.4 mm. For all
preparations and crowns, stresses in the pressed ceramic crown,
zirconia framework, pressed ceramic veneer, and dentin were
evaluated separately. The highest stresses were registered in the
dentin. The depth of the preparations had no significant influence on
the stress values of the teeth and pressed ceramics for the studied
cases, only for the zirconia framework. The zirconia framework
decreases the stress values in the veneer.
Abstract: In this paper, a fractional-order FIR differentiator
design method using the differential evolution (DE) algorithm is
presented. In the proposed method, the FIR digital filter is designed to
meet the frequency response of a desired fractal-order differentiator,
which is evaluated in the frequency domain. To verify the design
performance, another design method considered in the time-domain is
also provided. Simulation results reveal the efficiency of the proposed
method.
Abstract: This paper proposes an architectural and graphical
user interface (GUI) design of a traditional Thai musical instrument
application for tablet computers for practicing “Ranaad Ek" which is
a trough-resonated keyboard percussion instrument. The application
provides percussion methods for a player as real as a physical
instrument. The application consists of two playing modes. The first
mode is free playing, a player can freely multi touches on wooden bar
to produce instrument sounds. The second mode is practicing mode
that guilds the player to follow percussions and rhythms of practice
songs. The application has achieved requirements and specifications.
Abstract: In this paper we present a novel approach for wavelet compression of electrocardiogram (ECG) signals based on the set partitioning in hierarchical trees (SPIHT) coding algorithm. SPIHT algorithm has achieved prominent success in image compression. Here we use a modified version of SPIHT for one dimensional signals. We applied wavelet transform with SPIHT coding algorithm on different records of MIT-BIH database. The results show the high efficiency of this method in ECG compression.
Abstract: Due to the call of global warming effects, city planners aim at actions for reducing carbon emission. One of the approaches is to promote the usage of public transportation system toward the transit-oriented-development. For example, rapid transit system in Taipei city and Kaohsiung city are opening. However, until November 2008 the average daily patronage counted only 113,774 passengers at Kaohsiung MRT systems, much less than which was expected. Now the crucial questions: how the public transport competes with private transport? And more importantly, what factors would enhance the use of public transport? To give the answers to those questions, our study first applied regression to analyze the factors attracting people to use public transport around cities in the world. It is shown in our study that the number of MRT stations, city population, cost of living, transit fare, density, gasoline price, and scooter being a major mode of transport are the major factors. Subsequently, our study identified successful and unsuccessful cities in regard of the public transport usage based on the diagnosis of regression residuals. Finally, by comparing transportation strategies adopted by those successful cities, our conclusion stated that Kaohsiung City could apply strategies such as increasing parking fees, reducing parking spaces in downtown area, and reducing transfer time by providing more bus services and public bikes to promote the usage of public transport.
Abstract: This article examines the nature and structure of ecological education of biology specialists in Kazakhstan. Also characterizes the ecological education in high school and specific features in training of biology specialists.
Abstract: Bacterial magnetic nanoparticles have great useful potential in biotechnological and biomedical applications. In this study, a liquid growth medium was modified for cultivation a fastidious magnetotactic bacterium that has been isolated from Anzali
lagoon, Iran in our previous research. These modifications include
change in vitamin, mineral, carbon sources and etcetera. In our
experience, the serum bottles and designed air-tight laboratory bottles
were used to create microaerobic conditions in order to development
of a method for scale-up experiment. This information may serve as a
guide to green chemistry based biological protocols for the synthesis
of magnetic nanoparticles with control over the chemical
composition, morphology and size.
Abstract: In this paper we canvass three case studies of unique
research partnerships between universities and schools in the wider
community. In doing so, we consider those areas of indeterminate
zones of professional practice explored by academics in their
research activities within the wider community. We discuss three
cases: an artist-in-residence program designed to engage primary
school children with new understandings about local Indigenous
Australian issues in their pedagogical and physical landscapes; an
assessment of pedagogical concerns in relation to the use of physical
space in classrooms; and the pedagogical underpinnings of a
costumed museum school program. In doing so, we engage issues of
research as playing an integral part in the development,
implementation and maintenance of academic engagements with
wider community issues.