An improved parallel weighted bit-flipping(PWBF) algorithm is presented. To accelerate the information exchanges between check nodes and variable nodes, the bit-flipping step and the check node updating step of the ...An improved parallel weighted bit-flipping(PWBF) algorithm is presented. To accelerate the information exchanges between check nodes and variable nodes, the bit-flipping step and the check node updating step of the original algorithm are parallelized. The simulation experiments demonstrate that the improved PWBF algorithm provides about 0. 1 to 0. 3 dB coding gain over the original PWBF algorithm. And the improved algorithm achieves a higher convergence rate. The choice of the threshold is also discussed, which is used to determine whether a bit should be flipped during each iteration. The appropriate threshold can ensure that most error bits be flipped, and keep the right ones untouched at the same time. The improvement is particularly effective for decoding quasi-cyclic low-density paritycheck(QC-LDPC) codes.展开更多
The aim of this paper is to consider the problem of politicians' control of state-owned enterprises in a transforming economy. The control of a company can be treated as a choice of a strategy pursued by this company...The aim of this paper is to consider the problem of politicians' control of state-owned enterprises in a transforming economy. The control of a company can be treated as a choice of a strategy pursued by this company. In order to present politicians' influence on a company's strategy, we consider the case of a firm controlled by the State Treasury (i.e., by politicians) and a company outside politicians' control, both functioning in a favorable and an unfavorable state of the economy. We propose the option-to-switch valuation model as a method of measuring politicians' private benefits of control. We illustrate the considerations using data concerning Poland's printing industry.展开更多
This paper aims to contribute to the corporate governance literature in emerging economies by examining the effect of some corporate governance mechanisms on financing decisions in Saudi Arabian listed companies. A mu...This paper aims to contribute to the corporate governance literature in emerging economies by examining the effect of some corporate governance mechanisms on financing decisions in Saudi Arabian listed companies. A multiple regression model is used to examine the association between financing decisions and corporate governance mechanisms for a sample of 37 listed Saudi companies. In particular, we examine the effect of board size, ownership concentration and corporate governance reporting on the debt-to-equity ratio. Corporate governance reporting is measured by the content analysis approach. After controlling for companies' profitability and their growth opportunities, we found that both board size and ownership concentration are positively associated with debt-to-equity ratio. We limit our analysis to a small sample of firms that use the internet to communicate corporate governance information between October 2005 and January 2006. The findings suggest that managers are likely to choose higher financial leverage when they have stronger corporate governance (large number of directors on the board and higher ownership concentration). However, we did not find any statistical association between corporate governance disclosure and debt-to-equity ratio. This suggests that firm's asymmetric information is not an important driver of the financing decision of Saudi Arabian companies. This might be due to the nature of the Saudi business environment. We strongly believe that this paper provides a novel contribution to the existing literature as we are the first to examine this issue in Saudi Arabia.展开更多
Henan is a large agricultural province and one of China’s major grain-producing areas. Agricultural land transfer and large-scale operations will have a profound impact on regional economic development and food secur...Henan is a large agricultural province and one of China’s major grain-producing areas. Agricultural land transfer and large-scale operations will have a profound impact on regional economic development and food security. This is a case study taken in Xiwan village in Qinyang city, Henan. This paper builds a transferring pricing model using land use rights assessment and characteristic correction of land contract and management rights. Results show that the transferring price of land contract and management rights should include the economic price, social price and corrected price. The use of a price model should focus on the distinction of theory and practical application. If there is no change in agricultural project,the actual transferring price should be the sum of the economic price and social security price. If there is a change in agricultural projects,such as cropland into cash crops,the actual transferring price should be the sum of the economic price, social price and corrected price. Because of the complexity of income distribution following the transfer, transferring gains should follow a rational distribution in the outflow side, inflow side, managers and land owner. The government should establish reasonable and orderly contracted management of land circulation transferring and use this to build a land transferring price system.展开更多
基金The National High Technology Research and Development Program of China (863Program) ( No2009AA01Z235,2006AA01Z263)the Research Fund of the National Mobile Communications Research Laboratory of Southeast University(No2008A10)
文摘An improved parallel weighted bit-flipping(PWBF) algorithm is presented. To accelerate the information exchanges between check nodes and variable nodes, the bit-flipping step and the check node updating step of the original algorithm are parallelized. The simulation experiments demonstrate that the improved PWBF algorithm provides about 0. 1 to 0. 3 dB coding gain over the original PWBF algorithm. And the improved algorithm achieves a higher convergence rate. The choice of the threshold is also discussed, which is used to determine whether a bit should be flipped during each iteration. The appropriate threshold can ensure that most error bits be flipped, and keep the right ones untouched at the same time. The improvement is particularly effective for decoding quasi-cyclic low-density paritycheck(QC-LDPC) codes.
文摘The aim of this paper is to consider the problem of politicians' control of state-owned enterprises in a transforming economy. The control of a company can be treated as a choice of a strategy pursued by this company. In order to present politicians' influence on a company's strategy, we consider the case of a firm controlled by the State Treasury (i.e., by politicians) and a company outside politicians' control, both functioning in a favorable and an unfavorable state of the economy. We propose the option-to-switch valuation model as a method of measuring politicians' private benefits of control. We illustrate the considerations using data concerning Poland's printing industry.
文摘This paper aims to contribute to the corporate governance literature in emerging economies by examining the effect of some corporate governance mechanisms on financing decisions in Saudi Arabian listed companies. A multiple regression model is used to examine the association between financing decisions and corporate governance mechanisms for a sample of 37 listed Saudi companies. In particular, we examine the effect of board size, ownership concentration and corporate governance reporting on the debt-to-equity ratio. Corporate governance reporting is measured by the content analysis approach. After controlling for companies' profitability and their growth opportunities, we found that both board size and ownership concentration are positively associated with debt-to-equity ratio. We limit our analysis to a small sample of firms that use the internet to communicate corporate governance information between October 2005 and January 2006. The findings suggest that managers are likely to choose higher financial leverage when they have stronger corporate governance (large number of directors on the board and higher ownership concentration). However, we did not find any statistical association between corporate governance disclosure and debt-to-equity ratio. This suggests that firm's asymmetric information is not an important driver of the financing decision of Saudi Arabian companies. This might be due to the nature of the Saudi business environment. We strongly believe that this paper provides a novel contribution to the existing literature as we are the first to examine this issue in Saudi Arabia.
基金Natural Sciences Foundation of China (No. 41130748)Key Knowledge Innovation Project of the CAS (No. KZCX2-EW-304)
文摘Henan is a large agricultural province and one of China’s major grain-producing areas. Agricultural land transfer and large-scale operations will have a profound impact on regional economic development and food security. This is a case study taken in Xiwan village in Qinyang city, Henan. This paper builds a transferring pricing model using land use rights assessment and characteristic correction of land contract and management rights. Results show that the transferring price of land contract and management rights should include the economic price, social price and corrected price. The use of a price model should focus on the distinction of theory and practical application. If there is no change in agricultural project,the actual transferring price should be the sum of the economic price and social security price. If there is a change in agricultural projects,such as cropland into cash crops,the actual transferring price should be the sum of the economic price, social price and corrected price. Because of the complexity of income distribution following the transfer, transferring gains should follow a rational distribution in the outflow side, inflow side, managers and land owner. The government should establish reasonable and orderly contracted management of land circulation transferring and use this to build a land transferring price system.