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基于Null Importance和Stacking模型的知识追踪研究
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作者 梁开迪 张丽华 《中国科技论文在线精品论文》 2024年第2期174-182,共9页
为应对基于游戏的学习平台在知识追踪应用方面的不足,本研究利用Field Day Lab提供的教育游戏用户日志进行深入分析。采用方差法和Null Importance方法对数据集进行降维处理,并结合K折交叉验证与LightGBM算法,建立了一个高效的预测模型... 为应对基于游戏的学习平台在知识追踪应用方面的不足,本研究利用Field Day Lab提供的教育游戏用户日志进行深入分析。采用方差法和Null Importance方法对数据集进行降维处理,并结合K折交叉验证与LightGBM算法,建立了一个高效的预测模型。此外,通过集成Logistic模型,构建起Stacking模型。研究表明,该模型在验证集上的Macro-F1值显著提升至0.699,同时也在测试集上显示出优异的泛化能力。本研究为教育游戏领域的知识追踪提供了创新方法,并为游戏开发与教育实践提供了宝贵参考,支持教育游戏的开发者为学生创造更有效的学习体验。 展开更多
关键词 人工智能 知识追踪 Null importance Stacking集成模型
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Innovation and Firm Co-ownership Network in China’s Electric Vehicle Industry
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作者 JIN Zerun ZHU Shengjun 《Chinese Geographical Science》 SCIE CSCD 2024年第2期195-209,共15页
Firms are embedded in complex networks,where diverse ideas combine and generate new ideas.Shareholders of firms are of-ten seen as critical external resources that have significant influence on firm innovation.The cur... Firms are embedded in complex networks,where diverse ideas combine and generate new ideas.Shareholders of firms are of-ten seen as critical external resources that have significant influence on firm innovation.The current literature tends to focus on the rela-tionship between firms and their shareholders,while paying less attention to the connections between firms with the same shareholders.This article identifies two types of network spillover effects,intra-city network effect and inter-city network effect,by visualizing the co-ownership networks in China’s electric vehicle(EV)industry.We find that firms with the same shareholders,which are defined as co-owned EV firms,are more innovative than non-co-owned ones.Furthermore,there are two dominant types of firm co-ownership ties formed by corporate and financial institution shareholders.While corporate shareholders help exploiting local tacit knowledge,financial institutions are more active in bridging inter-city connections.The conclusion is confirmed at both firm and city levels.This paper theor-izes the firm co-ownership network as a new form of institutional proximity and tested the result empirically.For policy consideration,we have emphasized the importance of building formal or informal inter-firm network,and the government should further enhance the knowledge flow channel by institutional construction. 展开更多
关键词 firm co-ownership intra-city network inter-city network technological innovation electric vehicle China
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Identification of Important FPGA Modules Based on Complex Network
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作者 Senjie Zhang Jinbo Wang +3 位作者 Shan Zhou Jingpei Wang Zhenyong Zhang Ruixue Wang 《Computers, Materials & Continua》 SCIE EI 2024年第1期1027-1047,共21页
The globalization of hardware designs and supply chains,as well as the integration of third-party intellectual property(IP)cores,has led to an increased focus from malicious attackers on computing hardware.However,exi... The globalization of hardware designs and supply chains,as well as the integration of third-party intellectual property(IP)cores,has led to an increased focus from malicious attackers on computing hardware.However,existing defense or detection approaches often require additional circuitry to perform security verification,and are thus constrained by time and resource limitations.Considering the scale of actual engineering tasks and tight project schedules,it is usually difficult to implement designs for all modules in field programmable gate array(FPGA)circuits.Some studies have pointed out that the failure of key modules tends to cause greater damage to the network.Therefore,under limited conditions,priority protection designs need to be made on key modules to improve protection efficiency.We have conducted research on FPGA designs including single FPGA systems and multi-FPGA systems,to identify key modules in FPGA systems.For the single FPGA designs,considering the topological structure,network characteristics,and directionality of FPGA designs,we propose a node importance evaluationmethod based on the technique for order preference by similarity to an ideal solution(TOPSIS)method.Then,for the multi-FPGA designs,considering the influence of nodes in intra-layer and inter-layers,they are constructed into the interdependent network,and we propose a method based on connection strength to identify the important modules.Finally,we conduct empirical research using actual FPGA designs as examples.The results indicate that compared to other traditional indexes,node importance indexes proposed for different designs can better characterize the importance of nodes. 展开更多
关键词 Hardware security FPGA circuits node importance interdependent network
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Research on a Monte Carlo global variance reduction method based on an automatic importance sampling method
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作者 Yi-Sheng Hao Zhen Wu +3 位作者 Shen-Shen Gao Rui Qiu Hui Zhang Jun-Li Li 《Nuclear Science and Techniques》 SCIE EI CAS CSCD 2024年第5期200-215,共16页
Global variance reduction is a bottleneck in Monte Carlo shielding calculations.The global variance reduction problem requires that the statistical error of the entire space is uniform.This study proposed a grid-AIS m... Global variance reduction is a bottleneck in Monte Carlo shielding calculations.The global variance reduction problem requires that the statistical error of the entire space is uniform.This study proposed a grid-AIS method for the global variance reduction problem based on the AIS method,which was implemented in the Monte Carlo program MCShield.The proposed method was validated using the VENUS-Ⅲ international benchmark problem and a self-shielding calculation example.The results from the VENUS-Ⅲ benchmark problem showed that the grid-AIS method achieved a significant reduction in the variance of the statistical errors of the MESH grids,decreasing from 1.08×10^(-2) to 3.84×10^(-3),representing a 64.00% reduction.This demonstrates that the grid-AIS method is effective in addressing global issues.The results of the selfshielding calculation demonstrate that the grid-AIS method produced accurate computational results.Moreover,the grid-AIS method exhibited a computational efficiency approximately one order of magnitude higher than that of the AIS method and approximately two orders of magnitude higher than that of the conventional Monte Carlo method. 展开更多
关键词 Monte Carlo Global variance reduction Reactor shielding Automatic importance sampling
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Development of endemicity and conservation importance indices for tropical forests and the floral diversity assessment of Mt.Natoo in Benguet,Philippines
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作者 Johndale Rein T.BULLONG Jim P.SILVERIO +2 位作者 Joanna I.ALAFAG Maricel A.GURON Jones T.NAPALDET 《Journal of Mountain Science》 SCIE CSCD 2024年第3期786-804,共19页
The scientific community faces the challenge of measuring progress toward biodiversity targets and indices have been traditionally used.However,recent inventories in secondary tropical mountain forests using tradition... The scientific community faces the challenge of measuring progress toward biodiversity targets and indices have been traditionally used.However,recent inventories in secondary tropical mountain forests using traditional biodiversity indices have yielded results that are indistinct with primary ones.This shows the need to develop complementary indices that goes beyond species count but integrates the distribution and conservation status of the species.This study developed endemicity and conservation importance index for tropical forest that incorporated the distribution and conservation status of the species.These indices were applied to Mt.Natoo,a remnant primary mossy forest in Buguias,Benguet,Philippines,that resulted to endemicity index of 81.07 and conservation importance index of 42.90.Comparing these with secondary forest sites with comparable Shannon-Wiener,Simpson,Evenness and Margalef’s indices,our endemicity and conservation indices clearly differentiates primary forest(our study site)with higher values from secondary forests with much lower values.Thus,we are proposing these indices for a direct but scientifically-informed identification of specific sites for conservation and protection in tropical forests.Additionally,our study documented a total of 168 vascular plant species(79 endemic and 12 locally threatened species)in Mt.Nato-o.Majority are of tropical elements for both generic and species levels with some temperate elements that could be attributed to the site's high elevation and semi-temperate climate.These are important baseline information for conservation plans and monitoring of tropical mossy forests. 展开更多
关键词 Endemicity index Conservation importance index Cordillera Central Range Floristic element Jaccard Index of Similarity
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China Encourages Textile Firms to innovate with Taxfree Component imports
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《China's Foreign Trade》 2007年第14期29-29,共1页
关键词 免关税进口 纺织品公司 机器 中国
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An analysis of agarwood trade patterns,historical perspectives,and species identification challenges:repercussions for importing nations
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作者 Zhao-Qi Xie Jun-Yu Xu +1 位作者 Muhammad Rafiq Chun-Song Cheng 《TMR Modern Herbal Medicine》 CAS 2024年第1期1-10,共10页
Background:Agarwood,primarily derived from the Aquilaria and Gyrinops genera,holds significant economic importance.However,there is a lack of comprehensive investigations providing guidance to importing nations regard... Background:Agarwood,primarily derived from the Aquilaria and Gyrinops genera,holds significant economic importance.However,there is a lack of comprehensive investigations providing guidance to importing nations regarding cultivation quantities and expected yields of Agarwood from distinct species.This study aims to address this gap by exploring the historical context and trade evolution of Agarwood,highlighting its global importance,and the challenges associated with securing accurate species information.Method:On-site visits to Agarwood cultivation sites were conducted to gain a nuanced understanding of Aquilaria species and their cultivation requirements.Additionally,a thorough analysis of global export and import data for Agarwood products over the last decade was undertaken.Results:China Mainland emerged as the leading exporter of Agarwood,averaging an annual export value of USD 1 million.India’s substantial exports challenge the prevailing notion of limited Agarwood production within its borders.Hong Kong and Singapore are pivotal distribution hubs,while Hong Kong and Taipei feature prominently as import destinations.Our analysis uncovers anomalies in the representation of Agarwood producers from 2001 to 2008,suggesting potential misclassification of Aquilaria Agarwood as Gyrinops in global export information.These findings underscore the urgency of investigating classification and reporting practices in the Agarwood trade.Furthermore,A.filaria emerges as a notable source,while A.malaccensis is decline in prominence.Conclusion:This study provides crucial insights for policymakers,stakeholders,and industry players seeking to make informed decisions in the Agarwood trade landscape.The results highlight the need for accurate species identification,classification,and reporting practices to ensure sustainable cultivation and trade of Agarwood. 展开更多
关键词 AGARWOOD import and export trends global trade field visits industry analysis
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The Importance of Breathing Training in Folk Dance Teaching
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作者 Xiaowei Sun 《Journal of Contemporary Educational Research》 2024年第4期187-192,共6页
The importance of breathing training in dance teaching is reflected in the two aspects of enhancing the quality of dance movements and sublimating the connotation of dance movements.For example,high-quality breathing ... The importance of breathing training in dance teaching is reflected in the two aspects of enhancing the quality of dance movements and sublimating the connotation of dance movements.For example,high-quality breathing can help performers complete the dance movements and improve the coordination of the movements;at the same time,the unique body rhythm formed by breathing can strengthen the visual effect of the performance and convey its spirit and soul to the audience.This requires folk dance teachers to carry out relevant training and teaching activities based on the categories and skills of dance breathing,such as changing students’ideological cognition,developing periodic breathing training courses,providing personalized guidance to students,and allowing students to adjust their learning and practice methods in the evaluation. 展开更多
关键词 Folk dance teaching Breathing training importANCE Training methods
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An Analysis of Innovative Contributions to the Important Discourse on the Development of New Quality Productivity
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作者 Yao Hao Jie Wu 《Journal of Contemporary Educational Research》 2024年第6期135-141,共7页
The discourse on developing high-quality productivity marks a significant theoretical innovation,which is conducive to the modernization and sinicization of Marxism.It refines our understanding of“new quality product... The discourse on developing high-quality productivity marks a significant theoretical innovation,which is conducive to the modernization and sinicization of Marxism.It refines our understanding of“new quality productivity,”defining it as an advanced form driven by innovation,embodying“high technology,efficiency,and quality,”with the aim of comprehensively enhancing productivity.It elucidates the necessity of cultivating such forces,asserting that they are crucial for achieving high-quality development,securing a leading position in global technology,and fulfilling the aspirations for a better life.Moreover,it outlines a new implementation route,emphasizing strategies such as fostering technological autonomy,nurturing emerging industries,integrating education and talent in technology,adopting a“build through challenges”approach,adjusting solutions locally,and providing categorized guidance,all of which are based on the ongoing comprehensive reforms. 展开更多
关键词 New quality productivity Basic connotation important discourse Realistic approach Innovative contributions
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Regional Innovation Policies for High-Technology Firms: The Importance of the Cluster Life Cycle
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作者 Paolo Calvosa 《Chinese Business Review》 2013年第5期344-362,共19页
关键词 区域创新体系 高科技公司 生命周期 集群 高科技企业 开发周期 动态变化 通过时间
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Identification of Behavior of Voluntary Traceability and Analysis of Its Determinants: A Case Study of Hog Slaughtering and Processing Firms in Zhejiang Province,China 被引量:2
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作者 ZHOU Jie-hong YAN Zhen LIU Qing-yu 《Journal of Integrative Agriculture》 SCIE CAS CSCD 2013年第6期1112-1121,共10页
In recent years, the Chinese government has highlighted the importance of adopting hog safety/quality traceability, and a growing amount of research continues to entice firms to adopt traceability systems. In this stu... In recent years, the Chinese government has highlighted the importance of adopting hog safety/quality traceability, and a growing amount of research continues to entice firms to adopt traceability systems. In this study, a survey was conducted on a sample of pig slaughtering and processing firms in Zhejiang, China through personal interviews and emails. The aim of this study was to examine the determinants of firm behavior on the implementation of voluntary traceability systems with more stringent standards and controls than those of the mandatory system in China. The results revealed that motivation based on product quality improvement, capital ability and role perception (business type) had significantly positive relationships with a firm's voluntary traceability. Other incentives, such as operation improvement, recall risk reduction, reduced occurrence of safety issues, and technical strength were not found to be supportive in our study. This study provides an opportunity to better understand the determinants of firm behavior on voluntary traceability, particularly in light of the fact that some Chinese firms are facing the threat of criminal action for the use of illegal additives and the abuse of Clenbuterol. Policy recommendations on encouraging the implementation of pork safety voluntary traceability by hog slaughtering and processing firms are also discussed. 展开更多
关键词 voluntary traceable behavior product quality improvement capital ability role perception hog slaughtering and processing firm
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Effect of family control on corporate dividend policy of firms in Pakistan 被引量:2
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作者 Imran Yousaf Shoaib Ali Arshad Hassan 《Financial Innovation》 2019年第1期711-723,共13页
This study examines the impact of family control on the dividend policy of firms in Pakistan,covering the period from 2009 to 2016.It also investigates whether family control moderates the impact of firm-specific fact... This study examines the impact of family control on the dividend policy of firms in Pakistan,covering the period from 2009 to 2016.It also investigates whether family control moderates the impact of firm-specific factors on the dividend policy.The GMM model for panel data estimation is used.The mean difference univariate analysis shows that family firms differ from nonfamily firms based on financial characteristics.The multivariate analysis shows that family firms pay lower dividends than nonfamily firms.Besides,firm size inversely affects the dividend policy,whereas tangibility positively affects it.Moreover,family control does not moderate the impact of all firm-specific factors on the dividend policy.Overall,family control,size,and tangibility are found to be the main determinants of the dividend policy in Pakistan. 展开更多
关键词 Family firm Family ownership Dividend Minority shareholder EXPROPRIATION Agency conflicts
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Strategic HR Director Position: Implementation of SHRM in Firms 被引量:1
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作者 Gürhan Uysal 《Management Studies》 2020年第5期378-385,共8页
This study argues theoretical framework for strategic human resource management(SHRM),and implementation of SHRM in firms.HRM field is related to skill development and performance improvement.So,theoretical framework ... This study argues theoretical framework for strategic human resource management(SHRM),and implementation of SHRM in firms.HRM field is related to skill development and performance improvement.So,theoretical framework of SHRM is established by performance and skills.HR systems improve knowledge,skills,and abilities(KSAs)of employees,which affect individual-level performance.Individual-level performance makes employee go up to executive positions,and talents at the up affect firm-level performance via their managerial decisions.Secondly,a firm may apply SHRM through three factors:strategic HR director,HR systems,and star employees. 展开更多
关键词 SHRM firm PERFORMANCE IMPLEMENTATION
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Factors Affecting Financial Performance of Tourism Destination Firms Listed on Stock Exchanges in China 被引量:1
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作者 Dingchen Cui 《Proceedings of Business and Economic Studies》 2019年第5期23-28,共6页
Purpose:the aim of this research is to test the effect of financial ratio on the financial performance of tourism destination firms listed on stock exchange in China.The research selected ratios:current ratio(CR)as a ... Purpose:the aim of this research is to test the effect of financial ratio on the financial performance of tourism destination firms listed on stock exchange in China.The research selected ratios:current ratio(CR)as a dimension of liquidity,total asset turnover ratio(TATR)as a dimension of asset utilization,debt ratio(DE)as a dimension of leverage,natural logarithm of total asset(LNTA)as a dimension of firm size,GDP growth rate as a dimension of economic prosperity,and effective tax rate as a dimension of effective tax.This research will use return on asset(ROA),return on sales(ROS),return on equity(ROE)and sales growth(SG)to determine the financial performance.Since stock exchange founded in China,tourism destination firm developed very fast.However tourism destination listed firms have weakness financial performance.Design/methodology/approach:the research data collected from quarterly financial report,from 2012 Q1 to 2018 Q4.The secondary data has been analyzed by multiple regression.Finding:the result indicate that CR,TATR,GDP growth rate have positive impact on financial performance.While DE has negative impact on financial performance.And LNTA has a mix result with financial performance.Originality/value:This study led to the effect of financial ratios on tourism's financial performance since past researches with this aim were difficult to identify and certain references were not specifically linked to the topic. 展开更多
关键词 Tourism DESTINATION firms Financial performance Finance LIQUIDITY Asset utilization DEBT ratio Leverage economic PROSPERITY firm size Effective tax
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How Chinese Financial Centers Integrate into Global Financial Center Networks:An Empirical Study Based on Overseas Expansion of Chinese Financial Service Firms 被引量:15
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作者 PAN Fenghua HE Ziyun +2 位作者 Thomas SIGLER Kirsten MARTINUS Ben DERUDDER 《Chinese Geographical Science》 SCIE CSCD 2018年第2期217-230,共14页
The increasing globalization of the Chinese economy has been enabled by both Chinese financial institutions operating globally as well as international firms operating within China. In geographical terms, this has bee... The increasing globalization of the Chinese economy has been enabled by both Chinese financial institutions operating globally as well as international firms operating within China. In geographical terms, this has been organized through a number of strategic cities serving as gateways for the exchange of financial functions, products and practices between China and the global economy. Drawing on location data of financial service firms in China listed on stock exchanges in Shenzhen, Shanghai and Hong Kong, this paper shows that Chinese financial firms are expanding globally and how Chinese financial centers are positioned and connected in the urban networks shaped by these financial service firms. It is found that Hong Kong, China, holds strategic positions in the integration of Chinese cities into global financial center networks, and that establishing a foothold in global financial centers such as New York and London has been a priority for Chinese financial institutions. The increasing capital flows directed by Chinese financial institutionssuggests a shifting global financial geography, with numerous Chinese cities playing increasingly important roles within global financial center networks. 展开更多
关键词 金融中心 中国经济 服务公司 网络 集成 中国城市 实验 海外
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加权firm阈值奇异值分解及其旋转机械故障诊断 被引量:1
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作者 常妍 蔡改改 胡耀阳 《噪声与振动控制》 CSCD 北大核心 2023年第5期135-141,187,共8页
奇异值分解(Singular value decomposition,SVD)作为一种有效的信号降噪方法广泛应用于旋转机械振动信号周期性瞬态冲击提取中。传统SVD以能量为导向,无法提取出能量较弱但含故障信息丰富的奇异分量(Singular Component,SC)。为此,提出... 奇异值分解(Singular value decomposition,SVD)作为一种有效的信号降噪方法广泛应用于旋转机械振动信号周期性瞬态冲击提取中。传统SVD以能量为导向,无法提取出能量较弱但含故障信息丰富的奇异分量(Singular Component,SC)。为此,提出加权firm阈值奇异值分解(Weighted Firm Singular Value Decomposition,WFSVD)方法。该方法首先引入平方包络谱峭度(Squared Envelope Spectrum Kurtosis,SESK)作为量化故障敏感度的指标,以评估各个SC所含故障信息的丰富程度;其次,将SESK作为权重因子引入到基于firm阈值的SC去噪中,设计基于SESK的加权firm阈值SC去噪策略;最后,重构信号,实现信号降噪并有效提取故障特征。对于仿真信号与试验数据的分析验证了所提方法在周期性微弱瞬态冲击提取及旋转机械故障诊断中的有效性。 展开更多
关键词 故障诊断 奇异值分解 平方包络谱峭度 瞬态冲击提取 加权firm阈值
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基于Null Importance与GS-LGBM的糖尿病视网膜病变因素分析与风险预测
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作者 曹佳悦 罗冬梅 《中国医学物理学杂志》 CSCD 2023年第8期1033-1038,共6页
目的:通过机器学习算法分析糖尿病视网膜病变(DR)关键因素,构建DR风险预测模型,为DR的预防和诊断提供参考。方法:采用国家人口健康科学数据中心的《糖尿病并发症预警数据集》,基于Null Importance方法去除噪声特征,筛选出与DR有关的关... 目的:通过机器学习算法分析糖尿病视网膜病变(DR)关键因素,构建DR风险预测模型,为DR的预防和诊断提供参考。方法:采用国家人口健康科学数据中心的《糖尿病并发症预警数据集》,基于Null Importance方法去除噪声特征,筛选出与DR有关的关键因素;基于GridSearch优化LGBM模型参数,构建GS-LGBM DR风险预测模型。以准确率、精确率、召回率、F1分数、AUC值作为评价标准,与XGBoost、随机森林、Logistic以及未调优的LGBM模型进行比较。结果:Null Importance方法筛选出30个关键因素;与XGBoost、随机森林、Logistic以及未调优的LGBM模型相比,本研究所构建的GS-LGBM DR风险预测模型各评价指标均最优,其在测试数据上的AUC值高达0.897。结论:相较传统的DR预测模型,经过超参数优化后的模型具有更好的DR风险预测能力,更有助于DR的临床诊断。 展开更多
关键词 糖尿病视网膜病变 Null importance 风险预测 GS-LGBM
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Toxicity and horizontal transfer of bifenthrin and dimefluthrin against the red imported fire ant, Solenopsis invicta Buren(Hymenoptera: Formicidae), and the efficacy of their dust applications in the field 被引量:2
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作者 LIANG Ming-rong SHUANG You-ming +6 位作者 DENG Jie-fu PENG Li-ya ZHANG Sen-quan ZHANG Chen XU Yi-juan LU Yong-yue WANG Lei 《Journal of Integrative Agriculture》 SCIE CAS CSCD 2023年第5期1465-1476,共12页
The red imported fire ant,Solenopsis invicta Buren,poses a significant threat to biodiversity,agriculture,and public health in its introduced ranges.While chemicals such as toxic baits and dust are the main methods fo... The red imported fire ant,Solenopsis invicta Buren,poses a significant threat to biodiversity,agriculture,and public health in its introduced ranges.While chemicals such as toxic baits and dust are the main methods for S.invicta control,toxic baits are slow,requiring approximately one or two weeks,but dust can eliminate the colony of fire ants rapidly in just three to five days.To explore more active ingredients for fire ant control using dusts,the toxicity of bifenthrin and dimefluthrin,the horizontal transfer of bifenthrin and dimefluthrin dust and their efficacy in the field were tested.The results showed that the LD50(lethal dose) values of bifenthrin and dimefluthrin were 3.40 and 1.57 ng/ant,respectively.The KT50(median knockdown time) and KT95(95%knockdown time) values of a 20μg mL^(–1)bifenthrin dose were 7.179and 16.611 min,respectively.The KT50and KT95of a 5μg mL^(–1)dimefluthrin dose were 1.538 and 2.825 min,respectively.The horizontal transfers of bifenthrin and dimefluthrin among workers were effective.The mortality of recipients (secondary mortality) and secondary recipients (tertiary mortality) were both over 80%at 48 h after 0.25,0.50 and 1.00%bifenthrin dust treatments.The secondary mortality of recipients was over 99%at 48 h after 0.25,0.50 and 1.00% dimefluthrin dust treatments,but the tertiary mortality was below 20%.The field trial results showed that both bifenthrin and dimefluthrin exhibited excellent fire ant control effects,and the comprehensive control effects of 1.00%bifenthrin and dimefluthrin dusts at 14 d post-treatment were 95.87 and 85.70%,respectively. 展开更多
关键词 red importED fire ant PYRETHROIDS secondary transfer tertiary mortality contact toxic DUST
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Executive Stock Option, Mediation of Agency Costs and Allocation of Power in Levered Firms
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作者 刘鸿雁 孔峰 张维 《Journal of Southwest Jiaotong University(English Edition)》 2005年第1期78-83,共6页
The relationship between options and agency costs in levered firms is studied by modeling the effect of executive stock options on the manager's investment strategy in levered firms. Stock options do not necessari... The relationship between options and agency costs in levered firms is studied by modeling the effect of executive stock options on the manager's investment strategy in levered firms. Stock options do not necessarily aggravate agency costs in levered firms. The corporate governance affects agency costs greatly. If debt-holders were entitled to design executive stock options together with stockholders, by allocating power properly between stockholders and debt-holders, firm value could be enhanced greatly. The following way of allocating power between the two parties is proposed: the exercise price should be the weighted average of the stockholders' and debt-holders' suggested exercise prices. The weight allocated to debt-holders is positively related to the amount of debts that debt-holders lend to stockholders. 展开更多
关键词 Executive stock options Exercise price Agency costs Levered firms INCENTIVE
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Determinants of Capital Structure in the Nigerian Listed Insurance Firms 被引量:1
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作者 Shehu Usman Hassan 《Chinese Business Review》 2012年第7期672-681,共10页
关键词 企业资本结构 保险企业 尼日利亚 上市 不对称信息理论 多元回归模型 年度报告 分析工具
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