Conventional principal component analysis(PCA) can obtain low-dimensional representations of original data space, but the selection of principal components(PCs) based on variance is subjective, which may lead to infor...Conventional principal component analysis(PCA) can obtain low-dimensional representations of original data space, but the selection of principal components(PCs) based on variance is subjective, which may lead to information loss and poor monitoring performance. To address dimension reduction and information preservation simultaneously, this paper proposes a novel PC selection scheme named full variable expression. On the basis of the proposed relevance of variables with each principal component, key principal components can be determined.All the key principal components serve as a low-dimensional representation of the entire original variables, preserving the information of original data space without information loss. A squared Mahalanobis distance, which is introduced as the monitoring statistic, is calculated directly in the key principal component space for fault detection. To test the modeling and monitoring performance of the proposed method, a numerical example and the Tennessee Eastman benchmark are used.展开更多
This paper is of conceptual nature. The considerations are based on literature studies and empirical research carried out in 2009 and 2011 among the members of supervisory board in Polish public companies. The purpose...This paper is of conceptual nature. The considerations are based on literature studies and empirical research carried out in 2009 and 2011 among the members of supervisory board in Polish public companies. The purpose of this article is to present a new business reporting model extended by the supervisory board's reports. The part of this article, which is based on the literature research, clarifies the scope of modem business reporting, being a part of a company's information system. This article includes management commentary proposal prepared by the International Accounting Standards Board (IASB). The authors proposed a supplement to the management commentary which is a global model of disclosures accompanying financial statements. According to the concept presented in this article, information prepared and disclosed by managers in financial statements and management commentaries are parts of a larger reporting system-corporate reporting supply chain. This paper mainly proposes an extension of a modem company's information system with a new channel of communication, such as supervisory board's reports. This article explains the role of a supervisory board associated with the conception. In the prepared conception, supervisory board becomes an active reviewer of management action. Moreover, it is also an active participant in the chain of corporate reports. Deliberations presented in this article are the voices in the debate on the shape of the modem business reporting.展开更多
基金Supported by the National Natural Science Foundation of China(No.61374140)Shanghai Pujiang Program(Project No.12PJ1402200)
文摘Conventional principal component analysis(PCA) can obtain low-dimensional representations of original data space, but the selection of principal components(PCs) based on variance is subjective, which may lead to information loss and poor monitoring performance. To address dimension reduction and information preservation simultaneously, this paper proposes a novel PC selection scheme named full variable expression. On the basis of the proposed relevance of variables with each principal component, key principal components can be determined.All the key principal components serve as a low-dimensional representation of the entire original variables, preserving the information of original data space without information loss. A squared Mahalanobis distance, which is introduced as the monitoring statistic, is calculated directly in the key principal component space for fault detection. To test the modeling and monitoring performance of the proposed method, a numerical example and the Tennessee Eastman benchmark are used.
文摘This paper is of conceptual nature. The considerations are based on literature studies and empirical research carried out in 2009 and 2011 among the members of supervisory board in Polish public companies. The purpose of this article is to present a new business reporting model extended by the supervisory board's reports. The part of this article, which is based on the literature research, clarifies the scope of modem business reporting, being a part of a company's information system. This article includes management commentary proposal prepared by the International Accounting Standards Board (IASB). The authors proposed a supplement to the management commentary which is a global model of disclosures accompanying financial statements. According to the concept presented in this article, information prepared and disclosed by managers in financial statements and management commentaries are parts of a larger reporting system-corporate reporting supply chain. This paper mainly proposes an extension of a modem company's information system with a new channel of communication, such as supervisory board's reports. This article explains the role of a supervisory board associated with the conception. In the prepared conception, supervisory board becomes an active reviewer of management action. Moreover, it is also an active participant in the chain of corporate reports. Deliberations presented in this article are the voices in the debate on the shape of the modem business reporting.