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: Feature selection is an important step in many pattern
classification problems. It is applied to select a subset of features,
from a much larger set, such that the selected subset is sufficient to
perform the classification task. Due to its importance, the problem of
feature selection has been investigated by many researchers. In this
paper, a novel feature subset search procedure that utilizes the Ant
Colony Optimization (ACO) is presented. The ACO is a
metaheuristic inspired by the behavior of real ants in their search for
the shortest paths to food sources. It looks for optimal solutions by
considering both local heuristics and previous knowledge. When
applied to two different classification problems, the proposed
algorithm achieved very promising results.
Abstract: The robot is a repeated task plant. The control of such
a plant under parameter variations and load disturbances is one of the
important problems. The aim of this work is to design Geno-Fuzzy
controller suitable for online applications to control single link rigid
robot arm plant. The genetic-fuzzy online controller (indirect
controller) has two genetic-fuzzy blocks, the first as controller, the
second as identifier. The identification method is based on inverse
identification technique. The proposed controller it tested in normal
and load disturbance conditions.
Abstract: Polymer melt compressibility and mold surface roughness, which are generally ignored during the filling stage of the conventional injection molding, may become increasingly significant in micro injection molding where the parts become smaller. By employing the 2.5D generalized Hele-Shaw model, we presented here the effects of polymer compressibility and mold surface roughness on mold-filling in a micro-thickness cavity. To elucidate the effects of surface roughness, numerical investigations were conducted using a cavity flat plate which has two halves with different surface roughness. This allows the comparison of flow field on two different halves under identical processing conditions but with different roughness. Results show that polymer compressibility and mold surface roughness have effects on mold filling in micro injection molding. There is in shrinkage reduction as the density is increased due to polymer melt compressibility during the filling stage.
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: 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: The mixing behaviors of dry and wet granular
materials in gas fluidized bed systems were investigated
computationally using the combined Computational Fluid Dynamics
and Discrete Element Method (CFD-DEM). Dry particles were
observed to mix fairly rapidly during the fluidization process due to
vigorous relative motions between particles induced by the flow of
gas. In contrast, due to the presence of strong cohesive forces arising
from capillary liquid bridges between wet particles, the mixing
efficiencies of wet granular materials under similar operating
conditions were observed to be reduced significantly.
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: 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: 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: 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: Internet is largely composed of textual contents and a
huge volume of digital contents gets floated over the Internet daily.
The ease of information sharing and re-production has made it
difficult to preserve author-s copyright. Digital watermarking came
up as a solution for copyright protection of plain text problem after
1993. In this paper, we propose a zero text watermarking algorithm
based on occurrence frequency of non-vowel ASCII characters and
words for copyright protection of plain text. The embedding
algorithm makes use of frequency non-vowel ASCII characters and
words to generate a specialized author key. The extraction algorithm
uses this key to extract watermark, hence identify the original
copyright owner. Experimental results illustrate the effectiveness of
the proposed algorithm on text encountering meaning preserving
attacks performed by five independent attackers.
Abstract: The aim of this paper is to discuss a low-cost methodology that can predict traffic flow conflicts and quantitatively rank crash expectancies (based on relative probability) for various traffic facilities. This paper focuses on the application of statistical distributions to model traffic flow and Monte Carlo techniques to simulate traffic and discusses how to create a tool in order to predict the possibility of a traffic crash. A low-cost data collection methodology has been discussed for the heterogeneous traffic flow that exists and a GIS platform has been proposed to thematically represent traffic flow from simulations and the probability of a crash. Furthermore, discussions have been made to reflect the dynamism of the model in reference to its adaptability, adequacy, economy, and efficiency to ensure adoption.
Abstract: In hypersonic environments, the aerothermal effect
makes it difficult for the optical side windows of optical guided
missiles to withstand high heat. This produces cracking or breaking,
resulting in an inability to function. This study used computational
fluid mechanics to investigate the external cooling jet conditions of
optical side windows. The turbulent models k-ε and k-ω were
simulated. To be in better accord with actual aerothermal
environments, a thermal radiation model was added to examine
suitable amounts of external coolants and the optical window
problems of aero-thermodynamics. The simulation results indicate that
when there are no external cooling jets, because airflow on the optical
window and the tail groove produce vortices, the temperatures in these
two locations reach a peak of approximately 1600 K. When the
external cooling jets worked at 0.15 kg/s, the surface temperature of
the optical windows dropped to approximately 280 K. When adding
thermal radiation conditions, because heat flux dissipation was faster,
the surface temperature of the optical windows fell from 280 K to
approximately 260 K. The difference in influence of the different
turbulence models k-ε and k-ω on optical window surface temperature
was not significant.
Abstract: The question of interethnic and interreligious conflicts
in ex-Yugoslavia receives much attention within the framework of
the international context created after 1991 because of the impact of
these conflicts on the security and the stability of the region of
Balkans and of Europe.
This paper focuses on the rationales leading to the declaration of
independence by Kosovo according to ethnic and religious criteria
and analyzes why these same rationales were not applied in Bosnia
and Herzegovina. The approach undertaken aims at comparatively
examining the cases of Kosovo, and Bosnia and Herzegovina. At the
same time, it aims at understanding the political decision making of
the international community in the case of Kosovo. Specifically, was
this a good political decision for the security and the stability of the
region of Balkans, of Europe, or even for global security and
stability?
This research starts with an overview on the European security
framework post 1991, paying particular attention to Kosovo and
Bosnia and Herzegovina. It then presents the theoretical and
methodological framework and compares the representative cases.
Using the constructivism issue and the comparative methodology, it
arrives at the results of the study. An important issue of the paper is
the thesis that this event modifies the principles of international law
and creates dangerous precedents for regional stability in the
Balkans.