In the context of China’s rapidly evolving capital market,the proliferation of listed companies has been a salient phenomenon.The quality of corporate governance has emerged as a pivotal factor in determining the suc...In the context of China’s rapidly evolving capital market,the proliferation of listed companies has been a salient phenomenon.The quality of corporate governance has emerged as a pivotal factor in determining the success or failure of these entities.Research by Balsmeier et al.(2022)indicates that the greater the independence of a listed company’s board of directors,the higher its innovation output(both in terms of quantity and quality of patents)^([1]).This finding suggests a strong correlation between the performance of a company and the independence of its board.The present study has selected listed companies on the A-share market of the Shanghai Stock Exchange in 2013 as the subjects of its research.A sample of 960 companies was initially obtained from the CSMAR database.Following a rigorous financial data screening,a final sample of 944 valid companies was retained for further analysis.展开更多
Additive manufacturing(AM),a key technology in the evolution of Industry 4.0,has revolutionized production processes by enabling the precise,layer-by-layer fabrication of complex and customized components,enhancing ef...Additive manufacturing(AM),a key technology in the evolution of Industry 4.0,has revolutionized production processes by enabling the precise,layer-by-layer fabrication of complex and customized components,enhancing efficiency and flexibility in smart manufacturing systems.However,one significant challenge hindering the acceptance of this technology is the limited print size,constrained by the machine’s small bed.To address this issue,a suitable polymer joining technique could be applied as a post-fabrication step.The present article examines findings on the Ultrasonic Welding(UW)of Material Extrusion(MEX)-3D printed parts made from commonly used thermoplastics,Acrylonitrile Butadiene Styrene(ABS)and Polylactic Acid(PLA).Key parameters in the process are identified and optimized through statistical methods,such as Design of Experiments(DOE),Taguchi,and Analysis of Variance(ANOVA).The findings showed that the material combination and the design of the energy directors had the greatest impact on the joint strength and elongation,leading to a joint efficiency increase of up to 174.52%.The research’s feasibility was additionally supported by applying the results to weld and fabricate a car’s rear wing and an agricultural drone,both of which demonstrated strong structural integrity.The proposed method is anticipated to increase acceptance of joining and welding techniques in the future,with UW showing significant potential for effectively joining 3D-printed parts and addressing the bed size limitations of 3D printers.展开更多
Enterprises are the primary entities responsible for the multi-governance of climate risks.Nevertheless,the obligations and duty performance systems for directors,as outlined in the new Company Law of the People’s Re...Enterprises are the primary entities responsible for the multi-governance of climate risks.Nevertheless,the obligations and duty performance systems for directors,as outlined in the new Company Law of the People’s Republic of China(the new Company Law),fall short of adequately addressing the internal demands necessary for effectively managing climate risks.Therefore,it is essential to enhance these systems by incorporating specific duties for directors related to climate issues.The accountability of directors for a company’s liability regarding damages caused by climate change is rooted in the evolving purpose of China’s Company Law,the directors’duty of diligence,and the practical demand for emission reduction.Pursuant to the directors’duties set forth by the Company Law,directors’climate responsibilities mainly include two aspects:diligence and loyalty.Diligence primarily involves the total or partial failure to consider and manage foreseeable significant climate risks.Loyalty pertains to the intentional neglect of significant climate-related risks or to decision-making that does not align with the principle of maximizing the company’s interests.To enforce directors’climate responsibilities,it is necessary to introduce provisions within the Company Law that address directors’duties to control climate risks and establish appropriate compensatory measures.Furthermore,developing evidence standards for directors’liability and overcoming the limitations associated with the objects of directors’fiduciary duties is crucial.In light of the“dual carbon”goals and the foreseeability of significant financial risks posed by climate change,directors are obliged to integrate climate change considerations into corporate strategy,supervision,and disclosure,thereby contributing to the restructure of the regulatory framework governing directors’responsibilities towards green and low-carbon transformation.展开更多
From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover...From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover the Gemstones" series,the exhibition gives pride to this green precious mineral and explores its history in many regions of the world,from Asia to Europe including the Middle East.Gathering both raw stones and pieces of jewelry from museum collections and private lenders,it addresses the topic through the three main pillars of L’éCOLE:gemmology,savoir-faire and the history of jewelry.展开更多
THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European ...THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European setting.The background to this vibrant scenario was The Point,Malta’s largest shopping mall,as part of the island country’s 2023 Chinese New Year celebrations,courtesy of the China Cultural Center in Malta.展开更多
This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decisio...This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decision makers and policy makers at all levels by providing knowledge that contributes to bridging the current gap in participation of women boards.The methodology used in this research is the descriptive analytical approach,which relies on quantitative methods in the process of collecting and analyzing data.This study represents the boards of directors in the three sectors(public,private,and non-profit)in the Kingdom of Saudi Arabia,The study sample contained 350 targets,where a random sample of 150 people in the public sector,100 people in the private sector,and 100 people in the non-profit sector were selected.The research result found that the majority of the responses believe that the lack of experience and training,and social factors,are the most impact areas of explaining the reasons for the existence of a gap in women’s membership in boards of directors in the three sectors.And the most important reasons for the existence of a gender gap in board membership are:there is no statutory minimum percentage for women’s representation on boards of directors,and scarcity of female competencies in general,and the lack of women occupying leadership positions.展开更多
Turning five years old,the Hangzhou Institute of Medicine(HIM),Chinese Academy of Sciences(CAS)strives to play a pivotal role in boosting interdisciplinary research on the interface between innovation and medical scie...Turning five years old,the Hangzhou Institute of Medicine(HIM),Chinese Academy of Sciences(CAS)strives to play a pivotal role in boosting interdisciplinary research on the interface between innovation and medical science.As we peel back the layers of this cutting-edge institution,who better to guide us than its visionary director,Prof.TAN Weihong?In this exclusive interview with HIM Director Prof.TAN Weihong,who is also a CAS Member,we can grasp an idea of its unique position in China’s scientific landscape,its major achievements,and its ambitious roadmap to excellence.展开更多
深入分析连锁董事网络演化动因及其作用机制对理解企业各种经营行为具有关键意义.基于社会网络分析方法,结合指数随机图模型(Exponential Random Graph Model,ERGM)和系统动力学(System Dynamics,SD)模型,对2010—2019年中国沪深A股上...深入分析连锁董事网络演化动因及其作用机制对理解企业各种经营行为具有关键意义.基于社会网络分析方法,结合指数随机图模型(Exponential Random Graph Model,ERGM)和系统动力学(System Dynamics,SD)模型,对2010—2019年中国沪深A股上市企业连锁董事网络结构的演化特征、驱动因素及形成机制展开分析.研究结果表明:(1)我国连锁董事网络呈现持续扩张的趋势,具有高度社群化和小世界特性,网络结构具备一定韧性,在遭遇冲击后更倾向于建立轻量级联结;(2)通过对ERGM的分析发现,网络结构稳定并持续演化,监事会规模、两权分离率、地理距离与产权性质对网络形成及演化影响显著;(3)SD仿真结果显示,市场化进程和外部冲击促使企业增加董事联结以获取竞争优势和资源支持,中心度受企业间董事联结数量、多维邻近性及其滞后作用的多重影响,路径长度和外部冲击显著影响社区数量与聚类集群;外部冲击下,企业间董事联结数量、社区数量与聚类集群变化明显,而股权制衡度和两权分离率相对稳定.本研究解析的连锁董事网络的演化因素与形成机制对理解和解释企业行为提供了新视角和思路.展开更多
文摘In the context of China’s rapidly evolving capital market,the proliferation of listed companies has been a salient phenomenon.The quality of corporate governance has emerged as a pivotal factor in determining the success or failure of these entities.Research by Balsmeier et al.(2022)indicates that the greater the independence of a listed company’s board of directors,the higher its innovation output(both in terms of quantity and quality of patents)^([1]).This finding suggests a strong correlation between the performance of a company and the independence of its board.The present study has selected listed companies on the A-share market of the Shanghai Stock Exchange in 2013 as the subjects of its research.A sample of 960 companies was initially obtained from the CSMAR database.Following a rigorous financial data screening,a final sample of 944 valid companies was retained for further analysis.
文摘Additive manufacturing(AM),a key technology in the evolution of Industry 4.0,has revolutionized production processes by enabling the precise,layer-by-layer fabrication of complex and customized components,enhancing efficiency and flexibility in smart manufacturing systems.However,one significant challenge hindering the acceptance of this technology is the limited print size,constrained by the machine’s small bed.To address this issue,a suitable polymer joining technique could be applied as a post-fabrication step.The present article examines findings on the Ultrasonic Welding(UW)of Material Extrusion(MEX)-3D printed parts made from commonly used thermoplastics,Acrylonitrile Butadiene Styrene(ABS)and Polylactic Acid(PLA).Key parameters in the process are identified and optimized through statistical methods,such as Design of Experiments(DOE),Taguchi,and Analysis of Variance(ANOVA).The findings showed that the material combination and the design of the energy directors had the greatest impact on the joint strength and elongation,leading to a joint efficiency increase of up to 174.52%.The research’s feasibility was additionally supported by applying the results to weld and fabricate a car’s rear wing and an agricultural drone,both of which demonstrated strong structural integrity.The proposed method is anticipated to increase acceptance of joining and welding techniques in the future,with UW showing significant potential for effectively joining 3D-printed parts and addressing the bed size limitations of 3D printers.
基金funded by“Research on the Implementation and Compliance Mechanism of the Paris Agreement under the New Situation of International Climate Governance”(18SFB3047)a Young and Middle-aged Scholar Project of the Ministry of Justice.
文摘Enterprises are the primary entities responsible for the multi-governance of climate risks.Nevertheless,the obligations and duty performance systems for directors,as outlined in the new Company Law of the People’s Republic of China(the new Company Law),fall short of adequately addressing the internal demands necessary for effectively managing climate risks.Therefore,it is essential to enhance these systems by incorporating specific duties for directors related to climate issues.The accountability of directors for a company’s liability regarding damages caused by climate change is rooted in the evolving purpose of China’s Company Law,the directors’duty of diligence,and the practical demand for emission reduction.Pursuant to the directors’duties set forth by the Company Law,directors’climate responsibilities mainly include two aspects:diligence and loyalty.Diligence primarily involves the total or partial failure to consider and manage foreseeable significant climate risks.Loyalty pertains to the intentional neglect of significant climate-related risks or to decision-making that does not align with the principle of maximizing the company’s interests.To enforce directors’climate responsibilities,it is necessary to introduce provisions within the Company Law that address directors’duties to control climate risks and establish appropriate compensatory measures.Furthermore,developing evidence standards for directors’liability and overcoming the limitations associated with the objects of directors’fiduciary duties is crucial.In light of the“dual carbon”goals and the foreseeability of significant financial risks posed by climate change,directors are obliged to integrate climate change considerations into corporate strategy,supervision,and disclosure,thereby contributing to the restructure of the regulatory framework governing directors’responsibilities towards green and low-carbon transformation.
文摘From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover the Gemstones" series,the exhibition gives pride to this green precious mineral and explores its history in many regions of the world,from Asia to Europe including the Middle East.Gathering both raw stones and pieces of jewelry from museum collections and private lenders,it addresses the topic through the three main pillars of L’éCOLE:gemmology,savoir-faire and the history of jewelry.
文摘THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European setting.The background to this vibrant scenario was The Point,Malta’s largest shopping mall,as part of the island country’s 2023 Chinese New Year celebrations,courtesy of the China Cultural Center in Malta.
文摘This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decision makers and policy makers at all levels by providing knowledge that contributes to bridging the current gap in participation of women boards.The methodology used in this research is the descriptive analytical approach,which relies on quantitative methods in the process of collecting and analyzing data.This study represents the boards of directors in the three sectors(public,private,and non-profit)in the Kingdom of Saudi Arabia,The study sample contained 350 targets,where a random sample of 150 people in the public sector,100 people in the private sector,and 100 people in the non-profit sector were selected.The research result found that the majority of the responses believe that the lack of experience and training,and social factors,are the most impact areas of explaining the reasons for the existence of a gap in women’s membership in boards of directors in the three sectors.And the most important reasons for the existence of a gender gap in board membership are:there is no statutory minimum percentage for women’s representation on boards of directors,and scarcity of female competencies in general,and the lack of women occupying leadership positions.
文摘Turning five years old,the Hangzhou Institute of Medicine(HIM),Chinese Academy of Sciences(CAS)strives to play a pivotal role in boosting interdisciplinary research on the interface between innovation and medical science.As we peel back the layers of this cutting-edge institution,who better to guide us than its visionary director,Prof.TAN Weihong?In this exclusive interview with HIM Director Prof.TAN Weihong,who is also a CAS Member,we can grasp an idea of its unique position in China’s scientific landscape,its major achievements,and its ambitious roadmap to excellence.
文摘深入分析连锁董事网络演化动因及其作用机制对理解企业各种经营行为具有关键意义.基于社会网络分析方法,结合指数随机图模型(Exponential Random Graph Model,ERGM)和系统动力学(System Dynamics,SD)模型,对2010—2019年中国沪深A股上市企业连锁董事网络结构的演化特征、驱动因素及形成机制展开分析.研究结果表明:(1)我国连锁董事网络呈现持续扩张的趋势,具有高度社群化和小世界特性,网络结构具备一定韧性,在遭遇冲击后更倾向于建立轻量级联结;(2)通过对ERGM的分析发现,网络结构稳定并持续演化,监事会规模、两权分离率、地理距离与产权性质对网络形成及演化影响显著;(3)SD仿真结果显示,市场化进程和外部冲击促使企业增加董事联结以获取竞争优势和资源支持,中心度受企业间董事联结数量、多维邻近性及其滞后作用的多重影响,路径长度和外部冲击显著影响社区数量与聚类集群;外部冲击下,企业间董事联结数量、社区数量与聚类集群变化明显,而股权制衡度和两权分离率相对稳定.本研究解析的连锁董事网络的演化因素与形成机制对理解和解释企业行为提供了新视角和思路.
