Abstract: The study examines the determinants of corporate cash holding of non-financial quoted firms in Nigeria using a sample of fifty four non-financial quoted firms listed on the Nigeria Stock Exchange for the period 1995-2009. Data were sourced from the Annual reports of the sampled firms and analyzed using Generalized Method of Moments(GMM). The study finds evidence supportive of a target adjustment model and that firms can not instantaneously adjust towards the target cash level owing to the fact that adjustment cost being costly,. Also, the result shows significant negative relationship between cash holdings and firm size, net working capital, return on asset and bank relationship and positive relationship with growth opportunities, leverage, inventories, account receivables and financial distress. Furthermore, there is no significant relationship between cash holdings and cash flow. In Nigerian setting, most of the variables that are relevant for explaining cash holdings in the Developed countries are found by this study to be relevant also in Nigeria.
Abstract: Oral health is particular important to the hospitalized
patients with chronic schizophrenia for an extreme high potential of the respiratory infections. Due to the degeneration of physical capability, patients of this kind typically fall dependent in the activity of daily living (ADL). A very high percentage of patients had dental
problems of which mostly could be easily avoid by easy regular tooth brushing. Purpose of the project is to develop a mechanism in helping the schizophrenia patients in rebuilding a tooth-cleaning habit. The
project observed and evaluated the tooth-cleaning behavior of 100
male patients in a psychiatric hospital, and found the majority of them
ignored such an activity in a three-month period of time. In the meantime, the primary care-givers were not aware or not convinced
the importance of such a need of dental hygiene, and thus few if any
tooth cleaning training or knowledge on dental hygiene were given to
the patients. The project then developed a program based on the numerous observations and discussions. The improvement program
included patients- group education, care-givers- training, and a
tool-kit for tooth-brush holding was erected. The project launched
with some incentive package. The outcomes were encouraging with
87% of the patients had rebuilt their tooth-brushing habits against
previous 22%, and the tooth cleaning kits were 100% kept against 22%
in the past. This project had significantly improved the oral health of
the patients. The project, included the procedure and the tool-kit
holder specific for this purpose, was a good examples for psychiatric
hospitals.
Abstract: This paper presents a novel approach to finding a
priori interesting regions in mammograms. In order to delineate those
regions of interest (ROI-s) in mammograms, which appear to be
prominent, a topographic representation called the iso-level contour
map consisting of iso-level contours at multiple intensity levels and
region segmentation based-thresholding have been proposed. The
simulation results indicate that the computed boundary gives the
detection rate of 99.5% accuracy.
Abstract: Even it has been recognized that Shape Memory
Alloys (SMA) have a significant potential for deployment actuators,
the number of applications of SMA-based actuators to the present
day is still quite small, due to the need of deep understanding of the
thermo-mechanical behavior of SMA, causing an important need for
a mathematical model able to describe all thermo-mechanical
properties of SMA by relatively simple final set of constitutive
equations. SMAs offer attractive potentials such as: reversible strains
of several percent, generation of high recovery stresses and high
power / weight ratios. The paper tries to provide an overview of the
shape memory functions and a presentation of the designed and
developed temperature control system used for a gripper actuated by
two pairs of differential SMA active springs. An experimental setup
was established, using electrical energy for actuator-s springs heating
process. As for holding the temperature of the SMA springs at certain
level for a long time was developed a control system in order to
avoid the active elements overheating.
Abstract: We present a new method for the fully automatic 3D
reconstruction of the coronary artery centerlines, using two X-ray
angiogram projection images from a single rotating monoplane
acquisition system. During the first stage, the input images are
smoothed using curve evolution techniques. Next, a simple yet
efficient multiscale method, based on the information of the Hessian
matrix, for the enhancement of the vascular structure is introduced.
Hysteresis thresholding using different image quantiles, is used to
threshold the arteries. This stage is followed by a thinning procedure
to extract the centerlines. The resulting skeleton image is then pruned
using morphological and pattern recognition techniques to remove
non-vessel like structures. Finally, edge-based stereo correspondence
is solved using a parallel evolutionary optimization method based on
f symbiosis. The detected 2D centerlines combined with disparity
map information allow the reconstruction of the 3D vessel
centerlines. The proposed method has been evaluated on patient data
sets for evaluation purposes.
Abstract: Automatic segmentation of skin lesions is the first step
towards development of a computer-aided diagnosis of melanoma.
Although numerous segmentation methods have been developed,
few studies have focused on determining the most discriminative
and effective color space for melanoma application. This paper
proposes a novel automatic segmentation algorithm using color space
analysis and clustering-based histogram thresholding, which is able to
determine the optimal color channel for segmentation of skin lesions.
To demonstrate the validity of the algorithm, it is tested on a set of 30
high resolution dermoscopy images and a comprehensive evaluation
of the results is provided, where borders manually drawn by four
dermatologists, are compared to automated borders detected by the
proposed algorithm. The evaluation is carried out by applying three
previously used metrics of accuracy, sensitivity, and specificity and
a new metric of similarity. Through ROC analysis and ranking the
metrics, it is shown that the best results are obtained with the X and
XoYoR color channels which results in an accuracy of approximately
97%. The proposed method is also compared with two state-ofthe-
art skin lesion segmentation methods, which demonstrates the
effectiveness and superiority of the proposed segmentation method.
Abstract: A human verification system is presented in this
paper. The system consists of several steps: background subtraction,
thresholding, line connection, region growing, morphlogy, star
skelatonization, feature extraction, feature matching, and decision
making. The proposed system combines an advantage of star
skeletonization and simple statistic features. A correlation matching
and probability voting have been used for verification, followed by a
logical operation in a decision making stage. The proposed system
uses small number of features and the system reliability is
convincing.
Abstract: Coal will continue to be the predominant source of
global energy for coming several decades. The huge generation of fly
ash (FA) from combustion of coal in thermal power plants (TPPs) is
apprehended to pose the concerns of its disposal and utilization. FA
application based on its typical characteristics as soil ameliorant for
agriculture and forestry is the potential area, and hence the global
attempt. The inferences drawn suffer from the variations of ash
characteristics, soil types, and agro-climatic conditions; thereby
correlating the effects of ash between various plant species and soil
types is difficult. Indian FAs have low bulk density, high water
holding capacity and porosity, rich silt-sized particles, alkaline
nature, negligible solubility, and reasonable plant nutrients. Findings
of the demonstrations trials for more than two decades from lab/pot
to field scale long-term experiments are developed as FA soil
amendment technology (FASAT) by Central Institute of Mining and
Fuel Research (CIMFR), Dhanbad. Performance of different crops
and plant species in cultivable and problematic soils, are
encouraging, eco-friendly, and being adopted by the farmers. FA
application includes ash alone and in combination with
inorganic/organic amendments; combination treatments including
bio-solids perform better than FA alone. Optimum dose being up to
100 t/ha for cultivable land and up to/ or above 200 t/ha of FA for
waste/degraded land/mine refuse, depending on the characteristics of
ash and soil. The elemental toxicity in Indian FA is usually not of
much concern owing to alkaline ashes, oxide forms of elements, and
elemental concentration within the threshold limits for soil
application. Combating toxicity, if any, is possible through
combination treatments with organic materials and phytoremediation.
Government initiatives through extension programme
involving farmers and ash generating organizations need to be
accelerated
Abstract: In this work, we are interested in developing a speech denoising tool by using a discrete wavelet packet transform (DWPT). This speech denoising tool will be employed for applications of recognition, coding and synthesis. For noise reduction, instead of applying the classical thresholding technique, some wavelet packet nodes are set to zero and the others are thresholded. To estimate the non stationary noise level, we employ the spectral entropy. A comparison of our proposed technique to classical denoising methods based on thresholding and spectral subtraction is made in order to evaluate our approach. The experimental implementation uses speech signals corrupted by two sorts of noise, white and Volvo noises. The obtained results from listening tests show that our proposed technique is better than spectral subtraction. The obtained results from SNR computation show the superiority of our technique when compared to the classical thresholding method using the modified hard thresholding function based on u-law algorithm.
Abstract: Segmentation and quantification of stenosis is an
important task in assessing coronary artery disease. One of the main
challenges is measuring the real diameter of curved vessels.
Moreover, uncertainty in segmentation of different tissues in the
narrow vessel is an important issue that affects accuracy. This paper
proposes an algorithm to extract coronary arteries and measure the
degree of stenosis. Markovian fuzzy clustering method is applied to
model uncertainty arises from partial volume effect problem. The
algorithm employs: segmentation, centreline extraction, estimation of
orthogonal plane to centreline, measurement of the degree of
stenosis. To evaluate the accuracy and reproducibility, the approach
has been applied to a vascular phantom and the results are compared
with real diameter. The results of 10 patient datasets have been
visually judged by a qualified radiologist. The results reveal the
superiority of the proposed method compared to the Conventional
thresholding Method (CTM) on both datasets.
Abstract: In this paper a class of analog algorithms based on the
concept of Cellular Neural Network (CNN) is applied in some
processing operations of some important medical images, namely
retina images, for detecting various symptoms connected with
diabetic retinopathy. Some specific processing tasks like
morphological operations, linear filtering and thresholding are
proposed, the corresponding template values are given and
simulations on real retina images are provided.
Abstract: Emerging Bio-engineering fields such as Brain
Computer Interfaces, neuroprothesis devices and modeling and
simulation of neural networks have led to increased research activity
in algorithms for the detection, isolation and classification of Action
Potentials (AP) from noisy data trains. Current techniques in the field
of 'unsupervised no-prior knowledge' biosignal processing include
energy operators, wavelet detection and adaptive thresholding. These
tend to bias towards larger AP waveforms, AP may be missed due to
deviations in spike shape and frequency and correlated noise
spectrums can cause false detection. Also, such algorithms tend to
suffer from large computational expense.
A new signal detection technique based upon the ideas of phasespace
diagrams and trajectories is proposed based upon the use of a
delayed copy of the AP to highlight discontinuities relative to
background noise. This idea has been used to create algorithms that
are computationally inexpensive and address the above problems.
Distinct AP have been picked out and manually classified from
real physiological data recorded from a cockroach. To facilitate
testing of the new technique, an Auto Regressive Moving Average
(ARMA) noise model has been constructed bases upon background
noise of the recordings. Along with the AP classification means this
model enables generation of realistic neuronal data sets at arbitrary
signal to noise ratio (SNR).
Abstract: After the accounting scandals and the financial crisis, regulators have stressed the need for more financial experts on boards. Several studies conducted in countries with developed capital markets report positive effects of board financial competencies. As each country offers a different context and specific institutional factors this paper addresses the subject in the context of Romania. The Romanian capital market offers an interesting research field because of the heterogeneity of listed firms. After analyzing board members education based on public information posted on listed companies websites and their annual reports we found a positive association between the proportion of board members holding a postgraduate degree in financial fields and market based performance measured by Tobin q. We found also that the proportion of Board members holding degrees in financial fields is higher in bigger firms and firms with more concentrated ownership.
Abstract: Segmentation is an important step in medical image
analysis and classification for radiological evaluation or computer
aided diagnosis. The CAD (Computer Aided Diagnosis ) of lung CT
generally first segment the area of interest (lung) and then analyze
the separately obtained area for nodule detection in order to
diagnosis the disease. For normal lung, segmentation can be
performed by making use of excellent contrast between air and
surrounding tissues. However this approach fails when lung is
affected by high density pathology. Dense pathologies are present in
approximately a fifth of clinical scans, and for computer analysis
such as detection and quantification of abnormal areas it is vital that
the entire and perfectly lung part of the image is provided and no
part, as present in the original image be eradicated. In this paper we
have proposed a lung segmentation technique which accurately
segment the lung parenchyma from lung CT Scan images. The
algorithm was tested against the 25 datasets of different patients
received from Ackron Univeristy, USA and AGA Khan Medical
University, Karachi, Pakistan.
Abstract: Advancement in Artificial Intelligence has lead to the
developments of various “smart" devices. Character recognition
device is one of such smart devices that acquire partial human
intelligence with the ability to capture and recognize various
characters in different languages. Firstly multiscale neural training
with modifications in the input training vectors is adopted in this
paper to acquire its advantage in training higher resolution character
images. Secondly selective thresholding using minimum distance
technique is proposed to be used to increase the level of accuracy of
character recognition. A simulator program (a GUI) is designed in
such a way that the characters can be located on any spot on the
blank paper in which the characters are written. The results show that
such methods with moderate level of training epochs can produce
accuracies of at least 85% and more for handwritten upper case
English characters and numerals.
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: High-voltage power transmission lines are the back
bone of electrical power utilities. The stability and continuous
monitoring of this critical infrastructure is pivotal. Nine-Sigma
representing Eskom Holding SOC limited, South Africa has a major
problem on proactive detection of fallen power lines and real time
sagging measurement together with slipping of such conductors. The
main objective of this research is to innovate RFID technology to
solve this challenge. Various options and technologies such as GPS,
PLC, image processing, MR sensors and etc., have been reviewed
and draw backs were made. The potential of RFID to give precision
measurement will be observed and presented. The future research
will look at magnetic and electrical interference as well as corona
effect on the technology.
Abstract: In this paper, we propose a texture feature-based
language identification using wavelet-domain BDIP (block difference
of inverse probabilities) and BVLC (block variance of local
correlation coefficients) features and FFT (fast Fourier transform)
feature. In the proposed method, wavelet subbands are first obtained
by wavelet transform from a test image and denoised by Donoho-s
soft-thresholding. BDIP and BVLC operators are next applied to the
wavelet subbands. FFT blocks are also obtained by 2D (twodimensional)
FFT from the blocks into which the test image is
partitioned. Some significant FFT coefficients in each block are
selected and magnitude operator is applied to them. Moments for each
subband of BDIP and BVLC and for each magnitude of significant
FFT coefficients are then computed and fused into a feature vector. In
classification, a stabilized Bayesian classifier, which adopts variance
thresholding, searches the training feature vector most similar to the
test feature vector. Experimental results show that the proposed
method with the three operations yields excellent language
identification even with rather low feature dimension.
Abstract: PPG is a potential tool in clinical applications. Among such, the relationship between respiration and PPG signal has attracted attention in past decades. In this research, a bivariate AR spectral estimation method was utilized for the coherence analysis between these two signals. Ten healthy subjects participated in this research with signals measured at different respiratory rates. The results demonstrate that high coherence exists between respiration and PPG signal, whereas the coherence disappears in breath-holding experiments. These results imply that PPG signal reveals the respiratory information. The utilized method may provide an attractive alternative approach for the related researches.
Abstract: The effect of varying holding temperature on hatching success, occurrence of deformities and mortality rates were investigated for goldlined seabream eggs. Wild broodstock (600 g) were stocked at a 2:1 male-female ratio in a 2 m3 fiberglass tank supplied with filtered seawater (37 g L-1 salinity, temp. range 24±0.5 oC [day] and 22±1 oC [night], DO2 in excess of 5.0mg L-1). Females were injected with 200 IU kg-1 HCG between 08.00 and 10.00 h and returned to tanks to spawn following which eggs were collected by hand using a 100μm net. Fertilized eggs at the gastrulation stage (120 L-1) were randomly placed into one of 12 experimental 6 L aerated (DO2 5 mg L-1) plastic containers with water temperatures maintained at 24±0.5 oC (ambient), 26±0.5 oC, 28± 0.5 oC and 30±0.5 oC using thermostats. Each treatment was undertaken in triplicate using a 12:12 photophase:scotophase photoperiod. No differences were recorded between eggs reared at 24 and 26 oC with respect to viability, deformity, mortality or unhatched egg rates. Increasing temperature reduced the number of viable eggs with those at 30 oC returning poorest performance (P < 0.05). Mortality levels were lowest for eggs incubated at 24 and 26 oC. The greatest level of deformities recorded was that for eggs reared at 28 oC.