Abstract: Liquidity risk management ranks to key concepts
applied in finance. Liquidity is defined as a capacity to obtain
funding when needed, while liquidity risk means as a threat to this
capacity to generate cash at fair costs. In the paper we present
challenges of liquidity risk management resulting from the 2007-
2009 global financial upheaval. We see five main regulatory
liquidity risk management issues requiring revision in coming
years: liquidity measurement, intra-day and intra-group liquidity
management, contingency planning and liquidity buffers, liquidity
systems, controls and governance, and finally models testing the
viability of business liquidity models.
Abstract: Subjective loneliness describes people who feel a
disagreeable or unacceptable lack of meaningful social relationships,
both at the quantitative and qualitative level. The studies to be
presented tested an Italian 18-items self-report loneliness measure,
that included items adapted from scales previously developed,
namely a short version of the UCLA (Russell, Peplau and Cutrona,
1980), and the 11-items Loneliness scale by De Jong-Gierveld &
Kamphuis (JGLS; 1985). The studies aimed at testing the developed
scale and at verifying whether loneliness is better conceptualized as a
unidimensional (so-called 'general loneliness') or a bidimensional
construct, namely comprising the distinct facets of social and
emotional loneliness. The loneliness questionnaire included 2 singleitem
criterion measures of sad mood, and social contact, and asked
participants to supply information on a number of socio-demographic
variables. Factorial analyses of responses obtained in two
preliminary studies, with 59 and 143 Italian participants respectively,
showed good factor loadings and subscale reliability and confirmed
that perceived loneliness has clearly two components, a social and an
emotional one, the latter measured by two subscales, a 7-item
'general' loneliness subscale derived from UCLA, and a 6–item
'emotional' scale included in the JGLS. Results further showed that
type and amount of loneliness are related, negatively, to frequency of
social contacts, and, positively, to sad mood. In a third study data
were obtained from a nation-wide sample of 9.097 Italian subjects,
12 to about 70 year-olds, who filled the test on-line, on the Italian
web site of a large-audience magazine, Focus. The results again
confirmed the reliability of the component subscales, namely social,
emotional, and 'general' loneliness, and showed that they were
highly correlated with each other, especially the latter two.
Loneliness scores were significantly predicted by sex, age, education
level, sad mood and social contact, and, less so, by other variables –
e.g., geographical area and profession. The scale validity was
confirmed by the results of a fourth study, with elderly men and
women (N 105) living at home or in residential care units. The three
subscales were significantly related, among others, to depression, and
to various measures of the extension of, and satisfaction with, social
contacts with relatives and friends. Finally, a fifth study with 315
career-starters showed that social and emotional loneliness correlate
with life satisfaction, and with measures of emotional intelligence.
Altogether the results showed a good validity and reliability in the
tested samples of the entire scale, and of its components.
Abstract: The purpose of planned islanding is to construct a
power island during system disturbances which are commonly
formed for maintenance purpose. However, in most of the cases
island mode operation is not allowed. Therefore distributed
generators (DGs) must sense the unplanned disconnection from the
main grid. Passive technique is the most commonly used method for
this purpose. However, it needs improvement in order to identify the
islanding condition. In this paper an effective method for
identification of islanding condition based on phase space and neural
network techniques has been developed. The captured voltage
waveforms at the coupling points of DGs are processed to extract the
required features. For this purposed a method known as the phase
space techniques is used. Based on extracted features, two neural
network configuration namely radial basis function and probabilistic
neural networks are trained to recognize the waveform class.
According to the test result, the investigated technique can provide
satisfactory identification of the islanding condition in the
distribution system.
Abstract: Economic crime (i.e. corporate fraud) has a
significant impact on business. This study analyzes the fraud cases
reported by the Malaysian Securities Commission. Frauds involving
market manipulation and/or illegal share trading are the most
common types of fraud reported over the 6 years analyzed. The
highest number of frauds reported involved investment and fund
holding companies. Alarmingly the results indicate quite a high
number of frauds cases are committed by management. The higher
number of Chinese perpetrators may be due to fact that they are the
dominant group in Malaysian business. The result also shows that
more than half of companies involved with fraud are privately held
companies in the investment/fund/finance sector. The results of this
study highlight general characteristic of perpetrators (person and
company) that commit fraud which could help the regulators in their
monitoring and enforcement activities. To investors, this would help
in analyzing their business investment or portfolio risk.
Abstract: The objective of current issue was to develop a model
of testicular herpes simplex virus (HSV) type I infection for
assessment of viral effect on fertility. 56 male mice were inoculated
intraperitoneally with different concentrations of HSV on 8 day post
partum. It was revealed that the optimal dose was 100 plaque
forming units per mice as it provided testicular infection in 100% of
survivors. HSV proteins were detected both in somatic and germ
cells (spermatogonia, spermatocytes, spermatides). Although DNA
load in testis was descending from 3 to 28 days post infection only
12.5% of infected males had offspring after mating with uninfected
females comparing to 87.5% in control (p=0.012). These results are
the first direct evidence for HSV impact in male sterility. Prepuberal
mice appeared to be a suitable model for investigation of
pathogenesis of virus-associated fertility disorders.
Abstract: An analytical solution for dispersion of a solute in the
peristaltic motion of a couple stress fluid in the presence of magnetic
field with both homogeneous and heterogeneous chemical reactions is
presented. The average effective dispersion coefficient has been found
using Taylor-s limiting condition and long wavelength approximation.
The effects of various relevant parameters on the average effective
coefficient of dispersion have been studied. The average effective
dispersion coefficient tends to decrease with magnetic field parameter,
homogeneous chemical reaction rate parameter and amplitude ratio
but tends to increase with heterogeneous chemical reaction rate
parameter.
Abstract: Compliance requires an effective communication
within an enterprise as well as towards a company-s external
environment. This requirement commences with the
implementation of compliance within large scale compliance
projects and still persists in the compliance reporting within
standard operations. On the one hand the understanding of
compliance necessities within the organization is promoted.
On the other hand reduction of asymmetric information with
compliance stakeholders is achieved. To reach this goal, a
central reporting must provide a consolidated view of different
compliance efforts- statuses. A concept which could be
adapted for this purpose is the balanced scorecard by Kaplan /
Norton. This concept has not been analyzed in detail
concerning its adequacy for a holistic compliance reporting
starting in compliance projects until later usage in regularly
compliance operations.
At first, this paper evaluates if a holistic compliance
reporting can be designed by using the balanced scorecard
concept. The current status of compliance reporting clearly
shows that scorecards are generally accepted as a compliance
reporting tool and are already used for corporate governance
reporting. Additional specialized compliance IT - solutions
exist in the market. After the scorecard-s adequacy is
thoroughly examined and proofed, an example strategy map as
the basis to derive a compliance balanced scorecard is defined.
This definition answers the question on proceeding in
designing a compliance reporting tool.
Abstract: Thermochemcial characteristics of powder fabricated
using oxidation treatment of spent PWR fuel and SIMFUEL were
evaluated for recycling of spent fuel such as DUPIC process.
Especially, the influence of spent fuel burn-ups on the powder
fabrication characteristics was experimentally evaluated, ranging from
27,300 to 65,000 MWd/tU. Densities of powder manufactured from an
oxidation, OREOX and the milling processes at the same process
conditions were compared as a function of the fuel burn-ups
respectively. Also, based on chemical analysis results, homogeneity of
fissile elements in oxidized powder was confirmed.
Abstract: This paper presents a systematic procedure for modelling and simulation of a power system installed with a power system stabilizer (PSS) and a flexible ac transmission system (FACTS)-based controller. For the design purpose, the model of example power system which is a single-machine infinite-bus power system installed with the proposed controllers is developed in MATLAB/SIMULINK. In the developed model synchronous generator is represented by model 1.1. which includes both the generator main field winding and the damper winding in q-axis so as to evaluate the impact of PSS and FACTS-based controller on power system stability. The model can be can be used for teaching the power system stability phenomena, and also for research works especially to develop generator controllers using advanced technologies. Further, to avoid adverse interactions, PSS and FACTS-based controller are simultaneously designed employing genetic algorithm (GA). The non-linear simulation results are presented for the example power system under various disturbance conditions to validate the effectiveness of the proposed modelling and simultaneous design approach.
Abstract: This article is investigating Boria which is a kind of common performance in Malaysia. Boria has been known as Boria and Borea and both are correct, but Boria is more common. Boria is a folk performance unique to Penang. This theatre style reached Penang in the mid-19th century and is believed to be derived from the Shia Islamic Passion play performed during the Muslim month of Muharram to commemorate the martyrs of Kerbela. These days in Malaysia (especially Penang) Boria mentions to a choral street performance performed annually by a number of groups composed mostly of Sunni Malaysian. Boria are performed for entertainment and often include an annual singing competition. The size, membership, themes and movements of each Boria troupe may vary from year to year. Similarly, the themes and contents of the Boria performed by the different troupes also changes each year and can have a comical, political or satirical notion. It is common to most groups during the first ten days of Muharram Boria generally is done.
Abstract: In [4], Kipnis and Shamir have cryptanalised
a version of HFE of degree 2. In this paper, we describe the
generalization of this attack of HFE of degree more than 2.
We are based on Fourier Transformation to acheive partially
this attack.
Abstract: In this study, a 3D combustion chamber was simulated
using FLUENT 6.32. Aim to obtain detailed information on
combustion characteristics and _ nitrogen oxides in the furnace and
the effect of oxygen enrichment in a combustion process. Oxygenenriched
combustion is an effective way to reduce emissions. This
paper analyzes NO emission, including thermal NO and prompt NO.
Flow rate ratio of air to fuel is varied as 1.3, 3.2 and 5.1 and the
oxygen enriched flow rates are 28, 54 and 68 lit/min. The 3D
Reynolds Averaged Navier Stokes (RANS) equations with standard
k-ε turbulence model are solved together by Fluent 6.32 software.
First order upwind scheme is used to model governing equations and
the SIMPLE algorithm is used as pressure velocity coupling. Results
show that for AF=1.3, increase the oxygen flow rate of oxygen
reduction in NO emissions is Lance. Moreover, in a fixed oxygen
enrichment condition, increasing the air to fuel ratio will increase the
temperature peak, but not the NO emission rate. As a result, oxygen
enrichment can reduce the NO emission at this kind of furnace in low
air to fuel rates.
Abstract: The architecture of Safavid Dynasty can be considered the epitome of Iranian architectural beauty. Safavid dynasty (1501- 1722 AC) along with Ottoman in Turkey and Mughal Empire in India were the three great Islamic nations of their time (1500 AC) often known as the last Islamic countries with international authority up to the 20th Century. This era approximately coincide with Renaissance in Europe. In this era, large European countries begin amassing power thanks to significant scientific, cultural and religious revolutions of that time and colonizing nations such as England, Spain and Portugal began to influence international trends with in an increasing while other non-industrial nations diminished. The main objective of this paper is to give a typological overview of the development of decoration and ornament in the architecture of Safafid Dynasty in Iran. It is expected that it can start a wider discussion to enrich this nation-s heritage and contribute to the development of Islamic ornament in general.
Abstract: The amount of the information being churned out by the field of biology has jumped manifold and now requires the extensive use of computer techniques for the management of this information. The predominance of biological information such as protein sequence similarity in the biological information sea is key information for detecting protein evolutionary relationship. Protein sequence similarity typically implies homology, which in turn may imply structural and functional similarities. In this work, we propose, a learning method for detecting remote protein homology. The proposed method uses a transformation that converts protein sequence into fixed-dimensional representative feature vectors. Each feature vector records the sensitivity of a protein sequence to a set of amino acids substrings generated from the protein sequences of interest. These features are then used in conjunction with support vector machines for the detection of the protein remote homology. The proposed method is tested and evaluated on two different benchmark protein datasets and it-s able to deliver improvements over most of the existing homology detection methods.
Abstract: Recently T. C. Au-Yeung, C.Au, and P. C. W. Fung [2] have given the solution of the KdV equation [1] to the boundary condition , where b is a constant. We have further extended the method of [2] to find the solution of the KdV equation with asymptotic degeneracy. Via simulations we find both bright and dark Solitons (i.e. Solitons with opposite phases).
Abstract: Empirical force fields and density functional theory
(DFT) was used to study the binding energies and structures of
methylamine on the surface of activated carbons (ACs). This is a first
step in studying the adsorption of alkyl amines on the surface of
functionalized ACs. The force fields used were Dreiding (DFF),
Universal (UFF) and Compass (CFF) models. The generalized
gradient approximation with Perdew Wang 91 (PW91) functional
was used for DFT calculations. In addition to obtaining the aminecarboxylic
acid adsorption energies, the results were used to establish
reliability of the empirical models for these systems. CFF predicted a
binding energy of -9.227 (kcal/mol) which agreed with PW91 at -
13.17 (kcal/mol), compared to DFF 0 (kcal/mol) and UFF -0.72
(kcal/mol). However, the CFF binding energies for the amine to ester
and ketone disagreed with PW91 results. The structures obtained
from all models agreed with PW91 results.
Abstract: Hydrogen is regarded to play an important role in
future energy systems because it can be produced from abundant
resources and its combustion only generates water. The disposal of
waste tyres is a major problem in environmental management
throughout the world. The use of waste materials as a source of
hydrogen is particularly of interest in that it would also solve a waste
treatment problem. There is much interest in the use of alternative
feedstocks for the production of hydrogen since more than 95% of
current production is from fossil fuels. The pyrolysis of waste tyres
for the production of liquid fuels, activated carbons and gases has
been extensively researched. However, combining pyrolysis with
gasification is a novel process that can gasify the gaseous products
from pyrolysis. In this paper, an experimental investigation into the
production of hydrogen and other gases from the bench scale
pyrolysis-gasification of tyres has been investigated. Experiments
were carried using a two stage system consisting of pyrolysis of the
waste tyres followed by catalytic steam gasification of the evolved
gases and vapours in a second reactor. Experiments were conducted
at a pyrolysis temperature of 500 °C using Ni/Al2O3 as a catalyst. The
results showed that there was a dramatic increase in gas yield and the
potential H2 production when the gasification temperature was
increased from 600 to 900 oC. Overall, the process showed that high
yields of hydrogen can be produced from waste tyres.
Abstract: The present work deals with the calculation of
transport properties of Hg0.8Cd0.2Te (MCT) semiconductor in
degenerate case. Due to their energy-band structure, this material
becomes degenerate at moderate doping densities, which are around
1015 cm-3, so that the usual Maxwell-Boltzmann approximation is
inaccurate in the determination of transport parameters. This problem
is faced by using Fermi-Dirac (F-D) statistics, and the non-parabolic
behavior of the bands may be approximated by the Kane model. The
Monte Carlo (MC) simulation is used here to determinate transport
parameters: drift velocity, mean energy and drift mobility versus
electric field and the doped densities. The obtained results are in
good agreement with those extracted from literature.
Abstract: This paper presents a forgetting factor scheme for variable step-size affine projection algorithms (APA). The proposed scheme uses a forgetting processed input matrix as the projection matrix of pseudo-inverse to estimate system deviation. This method introduces temporal weights into the projection matrix, which is typically a better model of the real error's behavior than homogeneous temporal weights. The regularization overcomes the ill-conditioning introduced by both the forgetting process and the increasing size of the input matrix. This algorithm is tested by independent trials with coloured input signals and various parameter combinations. Results show that the proposed algorithm is superior in terms of convergence rate and misadjustment compared to existing algorithms. As a special case, a variable step size NLMS with forgetting factor is also presented in this paper.
Abstract: The functional response of an infective is the relationship
between an infected individual-s infection rate and the abundance
of the number of susceptibles that one can potentially be infected.
In this paper, we consider defensive attitudes for HIV prevention
(primary prevention) while at the same time emphasizing on offensive
attitudes that reduce infection for those infected (secondary prevention).
We look at how defenses can protect an uninfected individual
in the case where high risk groups such as commercial sex workers
and those who deliberately go out to look for partners. We propose
an infection cycle that begins with a search, then an encounter,
a proposal and contact. The infection cycle illustrates the various
steps an infected individual goes through to successfully infect a
susceptible. For heterogeneous transmission of HIV, there will be no
infection unless there is contact. The ability to avoid an encounter,
detection, proposal and contact constitute defense.