Abstract: The role of corporate governance is to reduce the
divergence of interests between shareholders and managers. The role
of corporate governance is more useful when managers have an
incentive to deviate from shareholders- interests. One example of
management-s deviation from shareholders- interests is the
management of earnings through the use of accounting accruals. This
paper examines the association between corporate governance
internal mechanisms ownership concentration, board independence,
the existence of CEO-Chairman duality and earnings management.
Firm size and leverage are control variables. The population used in
this study comprises firms listed on the Tehran Stock Exchange
(TSE) between 2004 and 2008, the sample comprises 196 firms.
Panel Data method is employed as technique to estimate the model.
We find that there is negative significant association between
ownership concentration and board independence manage earnings
with earnings management, there is negative significant association
between the existence of CEO-Chairman duality and earnings
management. This study also found a positive significant association
between control variable (firm size and leverage) and earnings
management.
Abstract: In this paper, a tooth shape optimization method for
cogging torque reduction in Permanent Magnet (PM) motors is
developed by using the Reduced Basis Technique (RBT) coupled by
Finite Element Analysis (FEA) and Design of Experiments (DOE)
methods. The primary objective of the method is to reduce the
enormous number of design variables required to define the tooth
shape. RBT is a weighted combination of several basis shapes. The
aim of the method is to find the best combination using the weights
for each tooth shape as the design variables. A multi-level design
process is developed to find suitable basis shapes or trial shapes at
each level that can be used in the reduced basis technique. Each level
is treated as a separated optimization problem until the required
objective – minimum cogging torque – is achieved. The process is
started with geometrically simple basis shapes that are defined by
their shape co-ordinates. The experimental design of Taguchi method
is used to build the approximation model and to perform
optimization. This method is demonstrated on the tooth shape
optimization of a 8-poles/12-slots PM motor.