Abstract: This paper examines the relationship between financial
risks and profitability of the conventional and Islamic banks in
Malaysia for the period between 1996 and 2005. The measures of
profitability that have been used in the study are the return on equity
(ROE) and return on assets (ROA) while the financial risks are credit
risk, interest rate risk and liquidity risks. This study employs panel
data regression analysis of Generalised Least Squares of fixed effects
and random effects models. It was found that credit risk has a
significant impact on ROA and ROE for the conventional as well as
the Islamic banks. The relationship between interest rate risk and ROE
were found to be weakly significant for the conventional banks and
insignificant for the Islamic banks. The effect of interest rate risk on
ROA is significant for the conventional banks. Liquidity risk was
found to have an insignificant impact on both profitability measures.
Abstract: There is currently intensive debate in Alberta,
Canada, regarding rural to urban water reallocation. This paper
explores the demographic and attitudinal influences that are
associated with the acceptance of water reallocation policies and
whether such acceptance differs between urban and rural residents.
We investigate three policy orientations in regards to water policies:
i) government intervention; ii) environmental protection; and iii)
protecting irrigators- water rights. We find that urban dwellers are
more likely to favour government intervention while rural dwellers
are more likely to support policies that aim at protecting irrigators-
water rights. While urban dwellers are also more likely to favour
environmental protection, the difference is not statistically
significant. We also find that other factors have a significant impact
on policy choice irrespective of residence such as demographic and
socioeconomic factors as well as the values people hold toward water
and the environment.
Abstract: This paper focuses on the experimental impacts of
ultrasonic, carbonate and a combination of them on the quality of
fresh kiwi juice. Today, non-thermal methods like ultrasonic, which
have imperceptible effects on some properties of the juice such as
taste, flavor and color, are commonly used for killing
microorganisms.In this paper, some properties of kiwi fruit juice
under ultrasonic, carbonate and a combination of them has been
researched. Those properties include pH, acidity, transparency and
Brix. Its impact on microorganisms has been studied as well.The
results show that using a combination of carbonate and sonicate make
the cavitation more severe without a perceptible effect on nonactivation
of microorganisms.
Abstract: Salary risk and demographic risk have been identified
as main risks in analyzing pension expenditure particularly in
Defined Benefit pension plan. Therefore, public pension plan in
Malaysia is studied to analyze pension expenditure due to salary and
demographic risk. Through the literature review and interview session
with several officers in public sector, factors affecting pension
expenditure are determined. Then, the inter-relationships between
these factors are analyzed through causal loop diagram. The System
Dynamics model is later developed using iThink software to show how
demographic and salary changes affect the pension expenditure. Then, by
using actual data, the impact of different policy scenarios on pension
expenditure is analyzed. It is shown that dynamics simulation model of
pension expenditure is useful to evaluate the impact of changes and
policy decisions on risk particularly involving demographic and salary risk.
Abstract: The emergence of person-centred discourse based
around notions of 'personal development planning- and 'work'life
balance' has taken hold in education and the workplace in recent
years. This paper examines this discourse with regard to recent
developments in higher education as well as the inter-related issue of
work-life balance in occupational careers. In both cases there have
been national and trans-national policy initiatives directed towards
improving both personal opportunities and competitive advantage in
a global knowledge-based economy. However, despite an increasing
concern with looking outward at this globalised educational and
employment marketplace, there is something of a paradox in
encouraging people to look inward at themselves in order to become
more self-determined. This apparent paradox is considered from a
discourse analytic perspective in terms of the ideological effects of an
increasing concern with the personal world. Specifically, it is argued
that there are tensions that emerge from a concern with an innerdirected
process of self-reflection that dissolve any engagement with
wider political issues that impact upon educational and career
development.
Abstract: In current global economics the application of Business Continuity Management is the prerequisite for sustainable competitive advantage in an organization. Business Continuity Management is a managerial which identifies the potential impact of losses in an organization. The aim of this paper is to identify and critically evaluate the relative advantages and disadvantages of deploying Business Continuity Management in an organization on the basis of seven criteria. The strongest advantage of Business Continuity Management is in its capacity to identify a crisis situation and help the organization to flexibly and also to keep the critical knowledge within the organization. By contrast the main disadvantage is that establishing Business Continuity Management in an organization is time-consuming and its implementation as an integral part of the organizational culture present significant difficulties.
Abstract: Responses of the dynamical systems are highly affected by the natural frequencies and it has a huge impact on design and operation of high-rise and high-speed elevators. In the present paper, the variational iteration method (VIM) is employed to investigate better understanding the dynamics of elevator cable as a single-degree-of-freedom (SDOF) swing system. Comparisons made among the results of the proposed closed-form analytical solution, the traditional numerical iterative time integration solution, and the linearized governing equations confirm the accuracy and efficiency of the proposed approach. Furthermore, based on the results of the proposed closed-form solution, the linearization errors in calculating the natural frequencies in different cases are discussed.
Abstract: In this paper, a new approach for quality assessment
tasks in lossy compressed digital video is proposed. The research
activity is based on the visual fixation data recorded by an eye
tracker. The method involved both a new paradigm for subjective
quality evaluation and the subsequent statistical analysis to match
subjective scores provided by the observer to the data obtained from
the eye tracker experiments. The study brings improvements to the
state of the art, as it solves some problems highlighted in literature.
The experiments prove that data obtained from an eye tracker can be
used to classify videos according to the level of impairment due to
compression. The paper presents the methodology, the experimental
results and their interpretation. Conclusions suggest that the eye
tracker can be useful in quality assessment, if data are collected and
analyzed in a proper way.
Abstract: The commercial finite element program LS-DYNA was employed to evaluate the response and energy absorbing capacity of cylindrical metal tubes that are externally wrapped with composite. The effects of composite wall thickness, loading conditions and fiber ply orientation were examined. The results demonstrate that a wrapped composite can be utilized effectively to enhance the crushing characteristics and energy absorbing capacity of the tubes. Increasing the thickness of the composite increases the mean force and the specific energy absorption under both static and dynamic crushing. The ply pattern affects the energy absorption capacity and the failure mode of the metal tube and the composite material property is also significant in determining energy absorption efficiency.
Abstract: With the development of technology, the growing
trend of fast and safe passenger transport, air pollution, traffic
congestion, increase in problems such as the increasing population
and the high cost of private vehicle usage made many cities around
the world with a population of more or less, start to build rail systems
as a means of urban transport in order to ensure the economic and
environmental sustainability and more efficient use of land in the
city. The implementation phase of rail systems costs much more than
other public transport systems. However, social and economic returns
in the long term made these systems the most popular investment tool
for planned and developing cities.
In our country, the purpose, goals and policies of transportation
plans are away from integrity, and the problems are not clearly
detected. Also, not defined and incomplete assessment of
transportation systems and insufficient financial analysis are the most
important cause of failure. Rail systems and other transportation
systems to be addressed as a whole is seen as the main factor in
increasing efficiency in applications that are not integrated yet in our
country to come to this point has led to the problem.
Abstract: This research was conducted in the Lower Namkam
Irrigation Project situated in the Namkam River Basin in Thailand.
Degradation of groundwater quality in some areas is caused by saline
soil spots beneath ground surface. However, the tail regulated gate
structure on the Namkam River, a lateral stream of the Mekong
River. It is aimed for maintaining water level in the river at +137.5 to
+138.5 m (MSL) and flow to the irrigation canals based on a gravity
system since July 2009. It might leach some saline soil spots from
underground to soil surface if lack of understanding of the
conjunctive surface water and groundwater behaviors. This research
has been conducted by continuously the observing of both shallow
and deep groundwater level and quality from existing observation
wells. The simulation of surface water was carried out using a
hydrologic modeling system (HEC-HMS) to compute the ungauged
side flow catchments as the lateral flows for the river system model
(HEC-RAS). The constant water levels in the upstream of the
operated gate caused a slight rising up of shallow groundwater level
when compared to the water table. However, the groundwater levels
in the confined aquifers remained less impacted than in the shallow
aquifers but groundwater levels in late of wet season in some wells
were higher than the phreatic surface. This causes salinization of the
groundwater at the soil surface and might affect some crops. This
research aims for the balance of water stage in the river and efficient
groundwater utilization in this area.
Abstract: The objective of this study is to examine the validity of Wagner-s law and relationship between economic growth, population and export for Pakistan. The ARDL Bounds cointegration and ECM are utilized for long and short run equilibrium for the period of 1972-2007. Population has considerable role in an economy and exports are the main source to raise the GDP. With the increase in GDP, the government expenditures may or may not increase. The empirical results indicate that the Wagner-s Law does hold, as economic growth is significantly and positively correlated with government expenditures. However, population and exports have also significant and positive impact on government expenditures both in short and long run. The significant and negative coefficient of error correction term in ECM indicates that after a shock, the long rum equilibrium will again converge towards equilibrium about 70.82 percent within a year.
Abstract: The purpose of determining impact significance is to
place value on impacts. Environmental impact assessment review is a
process that judges whether impact significance is acceptable or not in
accordance with the scientific facts regarding environmental,
ecological and socio-economical impacts described in environmental
impact statements (EIS) or environmental impact assessment reports
(EIAR). The first aim of this paper is to summarize the criteria of
significance evaluation from the past review results and accordingly
utilize fuzzy logic to incorporate these criteria into scientific facts. The
second aim is to employ data mining technique to construct an EIS or
EIAR prediction model for reviewing results which can assist
developers to prepare and revise better environmental management
plans in advance. The validity of the previous prediction model
proposed by authors in 2009 is 92.7%. The enhanced validity in this
study can attain 100.0%.
Abstract: The dramatic effect of information technology on
society is undeniable. In education, it is evident in the use of terms
like active learning, blended learning, electronic learning and mobile
learning (ubiquitous learning). This study explores the perceptions of
54 learners in a higher education institution regarding the use of
mobile devices in a third year module. Using semi-structured
interviews, it was found that mobile devices had a positive impact on
learner motivation, engagement and enjoyment. It also improved the
consistency of learning material, and the convenience and flexibility
(anywhere, anytime) of learning. User-interfacelimitation, bandwidth
and cognitive overload, however, were of concern. The use of cloud
based resources like Youtube and Google Docs, through mobile
devices, positively influenced learner perceptions, making them
prosumers (both consumers and producers) of education content.
Abstract: Increasing concerns over climate change have limited
the liberal usage of available energy technology options. India faces
a formidable challenge to meet its energy needs and provide adequate
energy of desired quality in various forms to users in sustainable
manner at reasonable costs. In this paper, work carried out with an
objective to study the role of various energy technology options
under different scenarios namely base line scenario, high nuclear
scenario, high renewable scenario, low growth and high growth rate
scenario. The study has been carried out using Model for Energy
Supply Strategy Alternatives and their General Environmental
Impacts (MESSAGE) model which evaluates the alternative energy
supply strategies with user defined constraints on fuel availability,
environmental regulations etc. The projected electricity demand, at
the end of study period i.e. 2035 is 500490 MWYr. The model
predicted the share of the demand by Thermal: 428170 MWYr,
Hydro: 40320 MWYr, Nuclear: 14000 MWYr, Wind: 18000 MWYr
in the base line scenario. Coal remains the dominant fuel for
production of electricity during the study period. However, the
import dependency of coal increased during the study period. In
baseline scenario the cumulative carbon dioxide emissions upto 2035
are about 11,000 million tones of CO2. In the scenario of high nuclear
capacity the carbon dioxide emissions reduced by 10 % when nuclear
energy share increased to 9 % compared to 3 % in baseline scenario.
Similarly aggressive use of renewables reduces 4 % of carbon
dioxide emissions.
Abstract: A wideband 2-1-1 cascaded ΣΔ modulator with a
single-bit quantizer in the two first stages and a 4-bit quantizer in the
final stage is developed. To reduce sensitivity of digital-to-analog
converter (DAC) nonlinearities in the feedback of the last stage,
dynamic element matching (DEM) is introduced. This paper presents
two modelling approaches: The first is MATLAB description and the
second is VHDL-AMS modelling of the proposed architecture and
exposes some high-level-simulation results allowing a behavioural
study. The detail of both ideal and non-ideal behaviour modelling are
presented. Then, the study of the effect of building blocks
nonidealities is presented; especially the influences of nonlinearity,
finite operational amplifier gain, amplifier slew rate limitation and
capacitor mismatch. A VHDL-AMS description presents a good
solution to predict system-s performances and can provide sensitivity
curves giving the impact of nonidealities on the system performance.
Abstract: The aim of this study is to describe the associations
between the temperamental traits and the narrative emotional
expression. The Temperament Questionnaire was used: The FCB-TI
of Zawadzki & Strelau. A sample of 85 persons described three
emotional situations: love. hate, and anxiety. This study analyzes the
verbal form of expression by means of a written account of
emotions. The relationship between the narratives of love, hate and
anxiety and temperament characteristics were studied. Results
indicate that vigorousness (VI), perseverance (PE), sensory
sensitivity (SS), emotional reactivity (ER), endurance (EN) and
activeness (AC) have a significant impact on the emotional
expression in narratives. The temperamental traits are linked to the
form of emotional language. It means that temperament has an
impact on cognitive representations of emotions.
Abstract: South Africa is facing a crisis with not being able to produce enough graduates in the scarce skills areas to sustain economic growth. The crisis is fuelled by a school system that does not produce enough potential students with Mathematics, Accounting and Science. Since the introduction of the new school curriculum in 2008, there is no longer an option to take pure maths on a standard grade level. Instead, only two mathematical subjects are offered: pure maths (which is on par with higher grade maths) and mathematical literacy. It is compulsory to take one or the other. As a result, lees student finishes Grade 12 with pure mathematics every year. This national problem needs urgent attention if South Africa is to make any headway in critical skills development as mathematics is a gateway to scarce skills professions. Higher education institutions initiated several initiatives in an attempt to address the above, including preparatory courses, bridging programmes and extended curricula with foundation provisions. In view of the above, and government policy directives to broaden access in the scarce skills areas to increase student throughput, foundation provision was introduced for Commerce and Information Technology programmes at the Vaal Triangle Campus (VTC) of North-West University (NWU) in 2010. Students enrolling for extended programmes do not comply with the minimum prerequisites for the normal programmes. The question then arises as to whether these programmes have the intended impact? This paper reports the results of a two year longitudinal study, tracking the first year academic achievement of the two cohorts of enrolments since 2010. The results provide valuable insight into the structuring of an extended programme and its potential impact.
Abstract: Availability and mobilization of revenue is the main
essential with which an economy is managed and run. While
planning or while making the budgets nations set revenue targets to
be achieved. But later when the accounts are closed the actual
collections of revenue through taxes or even the non-tax revenue
collection would invariably be different as compared to the initial
estimates and targets set to be achieved. This revenue-gap distorts the
whole system and the economy disturbing all the major macroeconomic
indicators. This study is aimed to find out short and long
term impact of revenue gap on budget deficit, debt burden and
economic growth on the economy of Pakistan. For this purpose the
study uses autoregressive distributed lag approach to cointegration
and error correction mechanism on three different models for the
period 1980 to 2009. The empirical results show that revenue gap has
a short and long run relationship with economic growth and budget
deficit. However, revenue gap has no impact on debt burden.
Abstract: The rapid advance of communication technology is
evolving the network environment into the broadband convergence
network. Likewise, the IT services operated in the individual network
are also being quickly converged in the broadband convergence
network environment. VoIP and IPTV are two examples of such new
services. Efforts are being made to develop the video phone service,
which is an advanced form of the voice-oriented VoIP service.
However, the new IT services will be subject to stability and reliability
vulnerabilities if the relevant security issues are not answered during
the convergence of the existing IT services currently being operated in
individual networks within the wider broadband network
environment. To resolve such problems, this paper attempts to analyze
the possible threats and identify the necessary security measures
before the deployment of the new IT services. Furthermore, it
measures the quality of the encryption algorithm application example
to describe the appropriate algorithm in order to present security
technology that will have no negative impact on the quality of the
video phone service.