• Title/Summary/Keyword: Pressure Exchange

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Integrated Reporting Disclosure and Its Implications on Investor Reactions

  • ULUPUI, I Gusti Ketut Agung;MURDAYANTI, Yunika;YUSUF, Muhammad;PAHALA, Indra;ZAKARIA, Adam
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.433-444
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    • 2020
  • The purpose of this study is to analyze integrated reporting disclosure and its implications on investor reactions. The population in this study is all manufacturing companies listed on the Indonesia stock exchange from 2017 to 2019, totaling 171 companies, and the sampling technique used is purposive sampling method. The method used in this research is a quantitative description using the financial statements of manufacturing companies listed on the Indonesia stock exchange. The data analysis method used is multiple regression analysis with intervening variables using AMOS 24 software. The results of this study show a positive and significant effect of profitability (X1) and company size (X2) on integrated reporting (IR); a positive and insignificant effect of stakeholder pressure (X3) on integrated reporting (IR); a positive and significant effect of profitability (X1) and stakeholder pressure (X3) on investor reactions (Y); a positive and insignificant effect of firm size (X2) and integrated reporting (IR) on investor reactions (Y). Suggestions are that in further studies, we can increase the sample size by including other industries, and in addition to using annual reporting, we can also use other sources such as websites, press releases, and prospectuses to improve the robustness of this study by relying on other data sources.

The China's Exchange Rate Policy to Export Competition

  • Lee, Dong-Hae;Lee, Sang-Ki
    • The Journal of Industrial Distribution & Business
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    • v.8 no.2
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    • pp.5-10
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    • 2017
  • Purpose - The purpose of this paper was to analyze the Chinese government's announcement of the RMB's appreciation on July 1, 2010, and its aim was to ascertain whether the appreciation has affected Chinese export prices by empirically measuring the degree of the exchange rate pass-tough on those prices. Research design, data, and methodology - Using 73 HS trade categories with cross-industry and time-series data, the panel estimation of a fixed-effects model has been applied to measure the degree and stability of any exchange rate pass-through effects. The estimation results show that the export prices of most trade categories were affected by the exchange rate changes. The pass-through effect was generally small, at about -0.485, and statistically significant in most export prices. Results - The empirical results indicate that China would lose its advantage and competitiveness in export if the RMB were appreciated continuously and rapidly because its export goods would no longer operate under strong monopolistic competition. Conclusions - The implications for China's exchange rate policy suggest that it would be better for the RMB to appreciate slowly and gradually rather than radically. It is clear that it would be allow the capital free flow in Chinese overall economic interest to reduce the continuous appreciation pressure on the currency and pave the way for improvements in export distribution competitiveness.

Effect of composition and structure on exchange anisotropy of IrxMn(100-x)/NiFe films

  • Suh, Su-jung;Park, Young-suk;Ro, Jae-chul;Yong-sung;Yoon, Dae-ho
    • Proceedings of the Korea Association of Crystal Growth Conference
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    • 1998.06a
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    • pp.91-95
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    • 1998
  • Exchange anisotropy between IrMn antiferromagnetic layer and NiFe ferromagnetic layer has been studied in IrxMn(100-x)/NiFe/Buffr/Si(100) films deposited by D. C. magnetron sputtering method. Among Zr, Ta, and Cu used as buffer layer, Zr and Ta enhanced the fcc(111) texture of NiFe and IeMn layer, but Cu did not affect microstructure of those layer. Strong fcc(111) texture of IrMn layer was confirmed to be the origin of exchange anisotropy of IrMn. Ir composition control in IrMn layer showed that {{{{ gamma -phase}}}} IrMn is stabilized between 10 and 30 at % Ir, an 21 at. % Ir in IrMn layer was optimum composition that showed maximum exchange anisotropy field. above 200 ${\AA}$ thickness of IrMn, antiferromagnetic property is stabilzed to show saturated exchange anisotropy field. Based pressure was confirmed to be critical requisite in IrMn-based spin-valve GMR system.

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Experimental Analysis for Variation of Pressure Difference on Flooding in PEM Fuel Cell at Cathode Channel Outlet (Cathode 출구 압력 변화에 따른 PEM Fuel Cell 내에서의 플러딩에 관한 실험적 연구)

  • Ahn, Deuk-Keun;Han, Seong-Ho;Kim, Kyoung-Rock;Choi, Young-Don
    • Transactions of the Korean hydrogen and new energy society
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    • v.20 no.5
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    • pp.390-396
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    • 2009
  • The flooding, especially in channel, is one of the critical issue to put proton exchange membrane fuel cell (PEMFC) to practical use. In this paper, channel flooding was investigated the pressure difference at cathode channel outlet. A ratio of pressure difference changes to 25, 50% as its variation rate. The pressure variable rate is reflected in dimensionless number FN. As a result, modified dimensionless number $FN^*$ correctly predicted the channel flooding. This study analyzes that a variety of pressure difference is how to affect flooding at the cathode of the PEMFC.

PRESSURE DEPENDENCE OF THE CURIE TEMPERATURE IN MnAlGe

  • Endo, S.;Matsuzaki, H.;Ono, F.;Kanomata, T.;Kaneko, T.
    • Journal of the Korean Magnetics Society
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    • v.5 no.5
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    • pp.380-382
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    • 1995
  • The pressure dependence of the Curie temperature was determined in 2-dimensional like ferromagnet, MnAlGe up to a maximum pressure of 7.5 Gpa through measurements of electric resistance vs temperature curves. The pressure coefficient was positive with a considerably high rate of 9 K/GPa in the low pressure ragion, while it decreased gradually down to one order of magnitude smaller value at the maximum pressure. It was concluded that ther is an upper limit of about 550 K in the super-exchange type ferromagnetic interaction between Mn layers.

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A Study on the Adsorption Characteristics of Nitrogen and Oxygen on Ion Exchanged Zeolite Adsorbents (이온교환된 제올라이트 흡착제의 질소 및 산소 흡착 특성 연구)

  • Jeong, Heon-Do;Kim, Dong-Sik;Kim, Kweon-Ill
    • Applied Chemistry for Engineering
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    • v.16 no.1
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    • pp.123-130
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    • 2005
  • Zeolite X adsorbents with large surface area were prepared for using oxygen PSA adsorbent. Selective adsorption performance of nitrogen on the synthesized zeolite X adsorbent was improved by the cation exchange of adsorbent. The zeolite X which had over $650m^2/g$ surface area was synthesized at the conditions of $SiO_2\;:\;Na_2O\;:\;H_2O\;:\;Al_2O_3$ = 2.5 : 3.5 : 150 : 1 mole ratio, $98^{\circ}C$ temperature and 18 h synthesized time in 50 L reactor. The metal ions Li, Ag, Ca, Br, Sr, etc. were investigated for ion exchange with zeolite X. Ag ion was showed the highest ion exchange rate among these metal ions and all metal ions were exchanged with Na ion at equivalent rate. Compared with the NaX adsorbent, the ion exchanged zeolite X adsorbent remarkably improved its adsorption performance of nitrogen at the conditions of $10{\sim}40^{\circ}C$ temperature and 0~9 atm pressure. At an equilibrium pressure under 0.5 atm, adsorption performance of nitrogen on the ion exchanged zeolite adsorbent increased in the order of Ag > Li > Ca > Sr> Ba > K, whereas at an equilibrium pressure over 1 atm showed in the order of Li > Ag > Ca > Sr > Ba > K. Nitrogen/oxygen separation factor of Li ion exchanged zeolite X adsorbent was 13.023 at the partial pressure of nitrogen/oxygen gas mixture similar to air and $20^{\circ}C$ adsorption temperature.

The Effect of Rapid Freeze Pretreatment on Grinding of Organic Ion Exchange Resins (금속동결 전처리에 의한 유기이온 교환수지의 분쇄효과)

  • Yim, Sung-Pal;Kim, Joun-Hyeong;Son, Jong-Sik
    • Applied Chemistry for Engineering
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    • v.1 no.1
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    • pp.23-29
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    • 1990
  • The effect of a rapid freeze pretreatment of organic ion exchange resins on their grinding properties was studied. It was found that the structure of ion exchange resins was defected by freezing pressure formed in the process of rapid freezing. The defected resins didn't recover their own structure after thawing and those could be easy to be broken at room temperature by small force. Therefore, organic ion exchange resins could be ground readily at room temperature after rapid-freezing the fully swelled resins using by solid carbon dioxide, or liquid nitrogen. The rapid freeze pretreatment of cation exchange resins was very effective on grinding in particular. However, the effect of the pretreatment of anion exchange resins on grinding was less than that of cation exchange resins. In case of anion exchange resins, the ionic form of affected the grindability remarkably.

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The Effects of Inspiratory Pause on Airway Pressure and Gas Exchange under Same I:E ratio in Volume-controlled Ventilation (Volume-Controlled Mode의 기계환기시 동일환 I:E Ratio하에서 Inspiratory Pause가 기도압 몇 가스교환에 미치는 영향)

  • Choi, Won-Jun;Jung, Sung-Han;Lee, Jeong-A;Choe, Kang-Hyeon
    • Tuberculosis and Respiratory Diseases
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    • v.45 no.5
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    • pp.1022-1030
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    • 1998
  • Background : In volume-controlled ventilation, the use of inspiratory pause increases the inspiratory time and thus increases mean airway pressure and improves ventilation. But under the same I : E ratio, the effects of inspiratory pause on mean airway pressure and gas exchange are not certain. Moreover, the effects may be different according to the resistance of respiratory system. So we studied the effects of inspiratory pause on airway pressure and gas exchange under the same I : E ratio in volume-controlled ventilation. Methods: Airway pressure and arterial blood gases were evaluated in 12 patients under volume-controlled mechanical ventilation with and without inspiratory pause time 5%. The I : E ratio of 1 : 3, $FiO_2$, tidal volume, respiratory rate, and PEEP were kept constant. Results: $PaCO_2$ with inspiratory pause was lower than without inspiratory pause ($38.6{\pm}7.4$ mmHg vs. $41.0{\pm}7.7$ mmHg. p<0.01). P(A-a)$O_2$ was not different between ventilation with and without inspiratory pause $185.3{\pm}86.5$ mmHg vs. $184.9{\pm}84.9$ mmHg, p=0.766). Mean airway pressure with inspiratory pause was higher than without inspiratory pause ($9.7{\pm}4.0\;cmH_2O$ vs. $8.8{\pm}4.0\;cmH_2O$, p<0.01). The resistance of respiratory system inversely correlated with the pressure difference between plateau pressure with pause and peak inspiratory pressure without pause (r=-0.777, p<0.l), but positively correlated with the pressure difference between peak inspiratory pressure with pause and peak inspiratory pressure without pause (r=0.811, p<0.01). Thus the amount of increase in mean airway pressure with pause positively correlated with the resistance of respiratory system (r=0.681, p<0.05). However, the change of mean airway pressure did not correlated with the change of $PaCO_2$. Conclusion: In volume-controlled ventilation under the same I : E ratio of 1 : 3, inspiratory pause time of 5% increases mean airway pressure and improves ventilation. Although the higher resistance of respiratory system, the more increased mean airway pressure, the increase in mean airway pressure did not correlated with the change in $PaCO_2$.

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