Abstract: This paper attempts to investigate the effect of corporate governance and shareholder monitoring mechanisms on cost of debt of Malaysian listed firms. We assess the quality of corporate governance using comprehensive corporate governance index, which consists of 139 items in six broad categories. We classify shareholder monitoring mechanisms into concentrated ownership, family, insider and government ownerships. Using panel sample from 2003 to 2007, regression results show that high corporate governance quality and concentrated ownership lower firm cost of debt. Debt issuers consider board structure and procedures, board compensation practices, accountability and audit, transparency and social and environmental activities as integral components of a good corporate governance framework.
Abstract: Corporate ownership structure is an important factor influencing firm performance. This study aims to answer the question whether pyramid structure has negative effect on firm value. This study is important because the ownership of public listed companies in Malaysia is highly concentrated. The concentrated ownership such as Malaysia, agency conflict is prevalent between controlling shareholders and minority shareholders. Accordingly, the dominant role of shareholders in firms allows the controlling shareholders (including managers) to expropriate the interest of the minority shareholders for their own private advantage. This research is conducted on pyramidal firms in Malaysia. Applying the Attig Model as the underlying statistical test, it is found that firm value is negatively related to pyramid ownership of Malaysian public listed firms due to the mismatch between cash flow rights and control rights. Future research needs to focus on identifying the heterogeneous factors that improve the generalizability of research.
Abstract: Smart grid is a new approach for electric power grid that uses information and communications technology to control the electric power grid. Smart grid provides real-time control of the electric power grid, controlling the direction of power flow or time of the flow. Control devices are installed on the power lines of the electric power grid to implement smart grid. The number of the control devices should be determined, in relation with the area one control device covers and the cost associated with the control devices. One approach to determine the number of the control devices is to use the data on the surplus power generated by home solar generators. In current implementations, the surplus power is sent all the way to the power plant, which may cause power loss. To reduce the power loss, the surplus power may be sent to a control device and sent to where the power is needed from the control device. Under assumption that the control devices are installed on a lattice of equal size squares, our goal is to figure out the optimal spacing between the control devices, where the power sharing area (the area covered by one control device) is kept small to avoid power loss, and at the same time the power sharing area is big enough to have no surplus power wasted. To achieve this goal, a simulation using landscape ecology method is conducted on a sample area. First an aerial photograph of the land of interest is turned into a mosaic map where each area is colored according to the ratio of the amount of power production to the amount of power consumption in the area. The amount of power consumption is estimated according to the characteristics of the buildings in the area. The power production is calculated by the sum of the area of the roofs shown in the aerial photograph and assuming that solar panels are installed on all the roofs. The mosaic map is colored in three colors, each color representing producer, consumer, and neither. We started with a mosaic map with 100 m grid size, and the grid size is grown until there is no red grid. One control device is installed on each grid, so that the grid is the area which the control device covers. As the result of this simulation we got 350m as the optimal spacing between the control devices that makes effective use of the surplus power for the sample area.
Abstract: Dynamicity of stream channels along with environmental concern is the key issue to address in lowland rivers like Jamuna in Bangladesh. The groins are important structures in attaining the improved river environment, but their effective functioning is not evident yet with the present design. Considering the present demands, an approach through modification of groin configurations is planned to function more natural way in dynamic lowland rivers. Four different configurations including the conventional one are considered in the study, and the changes in hydro- and morpho-dynamics affected by various structures are investigated in the laboratory. Results show that the modified combined groin favors gradual deceleration of flow towards the channel side and minimizes local scour noticeably. This favors stable regular channel and improve environmental functions.
Abstract: Tungsten Inert Gas (TIG) welding is a high quality welding process used to weld the thin metals and their alloy. 5083 Aluminium alloys play an important role in engineering and metallurgy field because of excellent corrosion properties, ease of fabrication and high specific strength coupled with best combination of toughness and formability.
TIG welding technique is one of the precise and fastest processes used in aerospace, ship and marine industries. TIG welding process is used to analyze the data and evaluate the influence of input parameters on tensile strength of 5083 Al-alloy specimens with dimensions of 100mm long x 15mm wide x 5mm thick. Welding current (I), gas flow rate (G) and welding speed (S) are the input parameters which effect tensile strength of 5083 Al-alloy welded joints. As welding speed increased, tensile strength increases first till optimum value and after that both decreases by increasing welding speed further. Results of the study show that maximum tensile strength of 129 MPa of weld joint are obtained at welding current of 240 Amps, gas flow rate of 7 Lt/min and welding speed of 98 mm/min. These values are the optimum values of input parameters which help to produce efficient weld joint that have good mechanical properties as a tensile strength.
Abstract: Scarcity in energy sector is a major problem, which can hamper the growing development of a country. Bangladesh is one of the electricity-deprived countries; however, the energy demand of Bangladesh is increasing day by day. Due to the shortage of natural resources and environmental issues, many nations are now moving towards renewable energy. Among various form of renewable energy, wind energy is one of most potential source. In this paper, the present energy condition of Bangladesh is discussed and the necessity of moving towards renewable energy is clarified. The wind speed found at different locations at different heights and different years from the survey of several organizations are presented. Although, the results of installed low capacity wind turbines (from few kW to few tens of kW) operated by private or government organization at different places in Bangladesh are not so encouraging; however, it is shown that Bangladesh has a high potential of using large wind turbine (MW range) for capturing wind energy at different places. The present condition of wind energy in Bangladesh and other countries in the world are also presented to emphasize the requisite of moving towards wind energy.
Abstract: Simple design of a rotary valve system is capable of controlling intake and exhaust gases, which will eliminate the need of known complex mechanisms. The cost of material and production, maintenance, and noise level of the system can be further reduced. The new mechanism enables the elimination of the overlapping of valves work that reduces gas leakage. This paper examines theoretically the gas flow through the holes of a rotary valve design in a small engine. Preliminary results show that the new gas flow has many positive differences than a conventional poppet-valve system. New dependencies on the gas speed enable the finding of better solutions for the geometry of a rotary valve system that will result in a higher efficiency of an internal-combustion engine of the automotive industry.
Abstract: This paper presents congestion management in deregulated power systems. In a deregulated environment, every buyer wants to buy power from the cheapest generator available, irrespective of relative geographical location of buyer and seller. As a consequence of this, the transmission corridors evacuating the power of cheaper generators would get overloaded if all such transactions are approved. Congestion management is a mechanism to prioritize the transactions and commit to such a schedule which would not overload the network. The congestions in the transmission lines are determined by Optimal Power Flow (OPF) solution, which is carried by primal liner programming method. Congestion in the transmission lines are alleviated by connected Distributed Generation (DG) of micro grid at load bus. A method to determine the optimal location of DG unit has been suggested based on transmission line relief sensitivity based approach. The effectiveness of proposed method has been demonstrated on modified IEEE-14 and 30 bus test systems.
Abstract: The objective of the present study was to evaluate the novel nanomagnetic beads based–latex agglutination assay (NMB-LAT) as a simple test for diagnosis of S. haematobium as well as standardize the novel nanomagnetic beads based –ELISA (NMB-ELISA). According to urine examination this study included 85 S. haematobium infected patients, 30 other parasites infected patients and 25 negative control samples. The sensitivity of novel NMB-LAT was 82.4% versus 96.5% and 88.2% for NMB-ELISA and currently used sandwich ELISA respectively. The specificity of NMB-LAT was 83.6% versus 96.3% and 87.3% for NMB-ELISA and currently used sandwich ELISA respectively. In conclusion, the novel NMB-ELISA is a valuable applicable diagnostic technique for diagnosis of human schistosomiasis haematobium. The novel NMB-ELISA assay is a suitable applicable diagnostic method in field survey especially when followed by ELISA as a confirmatory test in query false negative results. Trials are required to increase the sensitivity and specificity of NMB-ELISA assay.
Abstract: By planning this experimental work to investigate the effect of zeolitic waste on rheological and technological properties of self-compacting fiber reinforced concrete, we had an intention to draw attention to the environmental factor. Large amount of zeolitic waste, as secondary raw materials are not in use properly and large amount of it is collected without a clear view of its usage in future. The principal aim of this work is to assure, that zeolitic waste admixture takes positive effect to the self-compacting fiber reinforced concrete mixes stability, flowability and other properties by using the experimental research methods. In addition to that a research on cement and zeolitic waste mortars were implemented to clarify the effect of zeolitic waste on properties of cement paste and stone. Primary studies indicates that zeolitic waste characterizes clear pozzolanic behavior, do not deteriorate and in some cases ensure positive rheological and mechanical characteristics of self-compacting concrete mixes.
Abstract: This paper describes the development of a Vegetation Searching System based on Web Application in case of Suan Sunandha Rajabhat University. The model was developed by PHP, JavaScript and MySQL database system and it was designed to support searching for endemic and rare species of trees on Web site. We describe the design methods and functional components of this prototype. To evaluate the system performance, questionnaires for the system usability and Black Box Testing were used to measure expert and user satisfaction. The results were satisfactory as followed: Means for experts and users were 4.30 and 4.50, and standard deviation for experts and users were 0.61and 0.73 respectively. Further analysis showed that the quality of the plant searching Website was also at a good level as well.
Abstract: Thewake flow behind two yawed side-by-sidecircular
cylinders is investigated using athree-dimensional vorticity probe.
Four yaw angles (α), namely, 0°, 15°, 30° and 45° and twocylinder
spacing ratios T*
of 1.7 and 3.0 were tested. For T*
= 3.0, there exist
two vortex streets and the cylinders behave as independent and
isolated ones. The maximum contour value of the coherent streamwise
vorticity ~* ωx
is only about 10% of that of the spanwise vorticity ~* ωz
.
With the increase of α,
~* ωx
increases whereas ~* ωz
decreases. At α =
45°, ~* ωx
is about 67% of ~* ωz
.For T* = 1.7, only a single peak is
detected in the energy spectrum. The spanwise vorticity contours have
an organized pattern only at α = 0°. The maximum coherent vorticity
contours of ~* ω x
and ~* ωz
for T*
= 1.7 are about 30% and 7% of those
for T*
= 3.0.The independence principle (IP)in terms of Strouhal
numbers is applicable in both wakes when α< 40°.
Abstract: Recently, the interest of globalization in the field of
teacher education has increased. In the U.S., the government is trying
to enhance the quality of education through a global approach in
education. To do so, the schools in the U.S. are recruiting teachers with
global capability from countries like Korea where competent teachers
are being trained. Meanwhile, in the case of Korea, although excellent
teachers have been cultivated every year, due to a low birth rate it is
not easy to become a domestic teacher. To solve the trouble that the
two countries are facing, the study first examines the demand and
necessity of globalization in the field of teacher education between
Korea and the U.S. Second, we propose a new project, called the
‘Global Teachers University (GTU)’ program to satisfy the demands
of both countries. Finally, we provide its implications to build the
future educational cooperation for teacher training in a global context.
Abstract: Compatibility between sulfonated acetone- formalehyde superplasticizer (SAF) and copolymer-based grinding aids (GA) were studied by fluidity, Zeta potential, setting time of cement pasts, initial slump and slump flow of concrete and compressive strength of concrete. ESEM, MIP, and XRD were used to investigate the changing of microstructure of interior concrete. The results indicated that GA could noticeably enhance the dispersion ability of SAF. It was found that better fluidity and slump-keeping ability of cement paste were obtained in the case of GA. In addition, GA together with SAF had a certain retardation effect on hydration of cement paste. With increasing of the GA dosage, the dispersion ability and retardation effect of admixture increased. The compressive strength of the sample made with SAF and GA after 28 days was higher than that of the control sample made only with SAF. The initial slump and slump flow of concrete increased by 10.0% and 22.9%, respectively, while 0.09 wt.% GA was used. XRD examination indicated that new products were not found in the case of GA. In addition, more dense arrangement of hydrates and lower porosity of the specimen were observed by ESEM and MIP, which contributed to higher compressive strength.
Abstract: Reconfigurable antennas represent a recent innovation in antenna design that changes from classical fixed-form, fixed function antennas to modifiable structures that can be adapted to fit the requirements of a time varying system.
The ability to control the operating band of an antenna system can have many useful applications. Systems that operate in an acquire-and-track configuration would see a benefit from active bandwidth control. In such systems a wide band search mode is first employed to find a desired signal then a narrow band track mode is used to follow only that signal. Utilizing active antenna bandwidth control, a single antenna would function for both the wide band and narrow band configurations providing the rejection of unwanted signals with the antenna hardware. This ability to move a portion of the RF filtering out of the receiver and onto the antenna itself will also aid in reducing the complexity of the often expensive RF processing subsystems.
Abstract: The efficiency of heavy metals removal from sewage
sludge in bioleaching processes with heterotrophic, chemoautotrophic
(sulphur-oxidizing) sludge cenoses and chemical leaching (in
distilled water, weakly acidic or alkaline medium) was compared.
The efficacy of heavy metals removal from sewage sludge varies
from 83 % (Zn) up to 14 % (Cr) and follows the order: Zn > Mn > Cu
> Ni > Co > Pb > Cr. The advantages of metals bioleaching process
at heterotrophic metabolism were shown. A new process for
bioconversation of sewage sludge into fertilizer at middle
temperatures after partial heavy metals removal was developed. This
process is based on enhancing vital ability of heterotrophic
microorganisms by adding easily metabolized nutrients and synthesis
of metabolites by growing sludge cenoses. These metabolites possess
the properties of heavy metals extractants and flocculants which
provide the enhancement of sludge flocks sedimentation. The process
results in biomineral fertilizer of prolonged action with immobilized
sludge bioelements. The fertilizer satisfies the EU limits for the
sewage sludge of agricultural utilization. High efficiency of the
biomineral fertilizer obtained has been demonstrated in vegetation
experiments.
Abstract: Bone Anchored Hearing Implants (BAHI) are
routinely used in patients with conductive or mixed hearing loss, e.g.
if conventional air conduction hearing aids cannot be used. New
sound processors and new fitting software now allow the adjustment
of parameters such as loudness compression ratios or maximum
power output separately. Today it is unclear, how the choice of these
parameters influences aided speech understanding in BAHI users.
In this prospective experimental study, the effect of varying the
compression ratio and lowering the maximum power output in a
BAHI were investigated.
Twelve experienced adult subjects with a mixed hearing loss
participated in this study. Four different compression ratios (1.0; 1.3;
1.6; 2.0) were tested along with two different maximum power output
settings, resulting in a total of eight different programs. Each
participant tested each program during two weeks. A blinded Latin
square design was used to minimize bias.
For each of the eight programs, speech understanding in quiet and
in noise was assessed. For speech in quiet, the Freiburg number test
and the Freiburg monosyllabic word test at 50, 65, and 80 dB SPL
were used. For speech in noise, the Oldenburg sentence test was
administered.
Speech understanding in quiet and in noise was improved
significantly in the aided condition in any program, when compared
to the unaided condition. However, no significant differences were
found between any of the eight programs. In contrast, on a subjective
level there was a significant preference for medium compression
ratios of 1.3 to 1.6 and higher maximum power output.
Abstract: In this research, the TRACE/PARCS model of
Lungmen ABWR has been developed for verification of ultimate
response guideline (URG) efficiency. This ultimate measure was
named as DIVing plan, abbreviated from system depressurization,
water injection and containment venting. The simulation initial
condition is 100% rated power/100% rated core flow. This research
focuses on the estimation of the time when the fuel might be damaged
with no water injection by using TRACE/PARCS first. Then, the
effect of the reactor core isolation system (RCIC), control
depressurization and ac-independent water addition system (ACIWA),
which can provide the injection with 950 gpm are also estimated for
the station blackout (SBO) transient.
Abstract: Fuel rod analysis program transient (FRAPTRAN)
code was used to study the fuel rod performance during a postulated
large break loss of coolant accident (LBLOCA) in Maanshan nuclear
power plant (NPP). Previous transient results from thermal hydraulic
code, TRACE, with the same LBLOCA scenario, were used as input
boundary conditions for FRAPTRAN. The simulation results showed
that the peak cladding temperatures and the fuel centerline
temperatures were all below the 10CFR50.46 LOCA criteria. In
addition, the maximum hoop stress was 18 MPa and the oxide
thickness was 0.003mm for the present simulation cases, which are all
within the safety operation ranges. The present study confirms that this
analysis method, the FRAPTRAN code combined with TRACE, is an
appropriate approach to predict the fuel integrity under LBLOCA with
operational ECCS.
Abstract: Green mussels (Perna viridis) can effectively remove
nutrients from seawater through their filtration process. This study
aims to estimate “net” nutrient removal rate by green mussel through
calculation of nutrient uptake and release. Nutrients (carbon, nitrogen
and phosphorus) uptake was calculated based on the mussel filtration
rate. Nutrient release was evaluated from carbon, nitrogen and
phosphorus released as mussel faeces. By subtracting nutrient release
from nutrient uptake, net nutrient removal by green mussel can be
found as 3302, 380 and 124 mg/year/indv. Mass balance model was
employed to simulate nutrient removal in actual green mussel
farming conditions. Mussels farm area, seawater flow rate, and
amount of mussels were considered in the model. Results show that
although larger quantity of green mussel farms lead to higher nutrient
removal rate, the maximum green mussel cultivation should be taken
into consideration as nutrients released through mussel excretion can
strongly affect marine ecosystem.