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Search Results: 1 - 10 of 5472 matches for " Chu "
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Agency Cost under the Restriction of Free Cash Flow  [PDF]
Junhong Chu
Journal of Service Science and Management (JSSM) , 2011, DOI: 10.4236/jssm.2011.41011
Abstract: Agency cost theory is an important branch of capital structural theory. Free cash flow has significant impact on agency cost. The combination of research on these two fields would help to build and extend the theoretical system. Based on agency cost theory, the present study firstly categorized the characteristics of free cash flow as well as the statistical methodologies. Furthermore, the existence of investing free cash flow in agency cost was proved by a model. Then free cash flow was introduced into agency cost theory as restriction, the analysis shows that it will change agency cost, in turn, will have an impact on the relationship between agency cost and capital structure, finally, will influence the optimal capital structure point to maintain the equilibrium. Concretely, with the increasing free cash flow, correspondingly, debt proportion will decrease.
A Note on Wage Inequality, Technology, and Trade  [PDF]
Chu-Ping Lo
Modern Economy (ME) , 2011, DOI: 10.4236/me.2011.23037
Abstract: Zeira (2007) presents a two-country model of endogenous technology and trade, illustrating that trade liberalization reduces wage inequality in developing countries. The result contrasts the current outsourcing trade literature; the conflict is due to the critical assumption made in his model that “the most rewarding technologies are invested first.” If we relax this assumption, or allow the technology frontier to foster labor gains in all existing industries, then Zeira’s model is, in fact, consistent with the current outsourcing trade literature.
Growth and Electrical Properties of Doped ZnO by Electrochemical Deposition  [PDF]
Dewei Chu, Sean Li
New Journal of Glass and Ceramics (NJGC) , 2012, DOI: 10.4236/njgc.2012.21003
Abstract: In this work, pure and different metal ions doped ZnO thin films were obtained by a facile electrochemical deposition process. Different morphologies of ZnO, such as nanoplates, nanoparticles, as well as dense film can be obtained by doping Cu2+, In3+, and Al3+, respectively. Besides, the electrical properties of ZnO were also dependent on the doping ions. In this work, only pure ZnO shows resistive switching characteristics, indicating that the defects in ZnO is a key role in inducing resistive switching behaviour.
Internet, Economic Growth and Recession  [PDF]
Shan-Ying Chu
Modern Economy (ME) , 2013, DOI: 10.4236/me.2013.43A023

This paper investigates the impact of internet on economic growth and this impact during the recession. The data are drawn from World Bank in a panel of 201 countries from 1988 to 2010. Results from an OLS model reveal that a 10 percentage point increase in internet penetration rate raises real GDP per capita by 0.57 to 0.63 percentage points. During the recession relative to expansion, the coefficient of internet reduces but it still remains statistically positive. This suggests that internet provides a way to solve the problem of economic recession. Our results are robust to the inclusion of time and country fixed effects.

Rapid Transport of Biomolecules along Frictionless Wavy-Rough Interfaces  [PDF]
Kwang-Hua Chu
Open Journal of Biophysics (OJBIPHY) , 2013, DOI: 10.4236/ojbiphy.2013.32016

There are many types of almost frictionless and very rapid flows of complex molecules in nature. One example is the almost frictionless nature of the protein channel aquaporin-1. Nearly frictionless transport of complex biomolecular fluids along a membrane composed of wavy-rough nanoannuli was investigated by using the verified Eyrings transition-state approach (cf. Journal of Physical Chemistry B, Vol. 112, 2008, pp. 3019-3023.), together with a boundary perturbation approach, which has been successfully adopted to study the selective transport of polymeric matter in confined nanodomains. The critical parameters related to the rapid or nearly frictionless transport of biomolecules were identified to be directly relevant to the possible phase-transition temperature after selecting specific activation energies and activation volumes for fixed confined (cylindrical) geometry as well as small wavy corrugations along the interface. Our results can also make the membrane composed of aligned wavy-rough nanotubes a promising mimic of protein channels for transdermal drug delivery and selective chemical sensing.

Improving Personal Product Recommendation via Friendships’ Expansion  [PDF]
Chunxia Yin, Tao Chu
Journal of Computer and Communications (JCC) , 2013, DOI: 10.4236/jcc.2013.15001

The trust as a social relationship captures similarity of tastes or interests in perspective. However, the existent trust information is usually very sparse, which may suppress the accuracy of our personal product recommendation algorithm via a listening and trust preference network. Based on this thinking, we experiment the typical trust inference methods to find out the most excellent friend-recommending index which is used to expand the current trust network. Experimental results demonstrate the expanded friendships via superposed random walk can indeed improve the accuracy of our personal product recommendation.

Influence of Living with Parents on Marrieds’ Happiness  [PDF]
Shan-Ying Chu
Modern Economy (ME) , 2014, DOI: 10.4236/me.2014.51002

To enrich literature, this paper investigates influence of living with parents on marrieds’ happiness. It is an important issue in Chinese filial piety culture but rarely discussed. Data are drawn from Taiwan Social Change Survey in year 1995, 1997, 2000, 2001, 2002 and 2005. Empirical findings from ordered probit models show various associations between living with own/spouses parents and happiness of married women/men. Living with mother-in-law degrades married womens happiness but it promotes married mens happiness. Living with own mother lowers down married daughters happiness but married mens happiness increases when living with own parents. These results echo to theoretical backgrounds about altruism, demonstration effect, and good/bad relation between married children and parents.

Estimation of Default Risk Based on KMV Model—An Empirical Study for Chinese Real Estate Companies  [PDF]
Yan Chen, Guanglei Chu
Journal of Financial Risk Management (JFRM) , 2014, DOI: 10.4236/jfrm.2014.32005

In this paper, we analyze the default risk of Chinese real estate companies with KMV model and time-varying copula. We collected the data of the listed real estate companies in Shanghai and Shenzhen Exchanges from 2007 to 2012 to calculate the default distance and correlations. Experiments results show that the default risk increases during the financial crisis. Moreover, results also indicate the default risk aggregation. The difference of default risk between the large size and small size companies is also examined in this research. Due to the high asset liability ratio, the large size companies face higher default risk than the small size companies. Finally, time-varying copula shows that the correlation between different-sized companies fluctuates severely during the financial crisis and then goes smoothly after the crisis.

Empowerment Online: Feminist Adult Learning Strategies  [PDF]
Regina Juchun Chu
Creative Education (CE) , 2014, DOI: 10.4236/ce.2014.53022

The purpose of this is to investigate how adult female learners constitute their perceptions of self and learning behavior in an internet learning environmentweblog. Based on previous qualitative research method and literature review, this study intended to develop and validate a feminist adult learning strategy scale (FALSS) to understand the women’s learning strategy by applying weblogs. 417 valid data from the participants in two studies (exploratory and confirmatory factor analysis) were analyzed for the purpose. The results of these studies supported a 15-item, 4-factor FALSS: Empowerment Attempt, Sharing Expe- riences, Participatory Learning, and Critical Thinking and Open-Mindedness.

The Effect of Online-to-Mobile Trust Transfer on the Foundation of Mobile Banking Trust  [PDF]
Bangjun Wang, Chu Shan
Communications and Network (CN) , 2013, DOI: 10.4236/cn.2013.51B025

The paper mainly studies the influences of trust transfer on the establishment of consumers’ initial trust. Based on the theory of signal transmission and self-efficiency, the study builds a trust transfer model aiming at the same subject between different environments. The results shows that when the consumers’ perceived change of environment is little, prior successful experiences will improve the consumers’ perceptions of self-ability, which probably lowers the effect of bank’s role on the establishment of initial trust. Therefore, banks should cultivate consumers’ perceptions of their relative advantages in the original environment and thus improve the consumers’ dependency in the new environment to avoid the loss of consumers and build a long-term relationship.

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