控股股东对上市公司股利分配倾向的影响及实证分析——来自沪市A股上市公司的经验证据

当前对股利政策的研究主要集中在产权对股利政策的影响、自由现金流对股利政策的影响、公司过渡投资行为对股利政策的影响以及宏观经济波动对股利政策的影响等,而缺乏控股股东对股利政策的影响研究.现实中,控股股东对股利政策具有较大的影响,围绕控股股东对上市公司股利分配倾向的影响进行深入分析.具体而言,以2013-2014年度上证A股数据,建立Log斌ic模型和多元线性回归模型分析控股股东的几方面特征对股利分配倾向产生的多种影响.研究从理论上客观地评价了控股股东对股利分配倾向的影响,现实中对维护中小股东权益有重要意义.     

Sufficient Dimension Reduction and Variable Selection for Large-p-Small-n Data With Highly Correlated Predictors

Sufficient dimension reduction (SDR) is a paradigm for reducing the dimension of the predictors without losing regression information. Most SDR methods require inverting the covariance matrix of the predictors. This hinders their use in the analysis of contemporary datasets where the number of predictors exceeds the available sample size and the predictors are highly correlated. To this end, by incorporating the seeded SDR idea and the sequential dimension-reduction framework, we propose a SDR method for high-dimensional data with correlated predictors. The performance of the proposed method is studied via extensive simulations. To demonstrate its use, an application to microarray gene expression data where the response is the production rate of riboflavin (vitamin B₂) is presented.     

Self-catalytic synthesis of hydrophilic polypyrrole/tellurium nanocomposite and its capacitance performance

Journal of Solid State Electrochemistry - A hydrophilic polypyrrole/tellurium (PPy/Te) nanocomposite was synthesized by a facile approach in which H2TeO3 was used as the oxidizing agent of pyrrole...     

Exploring the Interactions of Atomic Oxygen on Silver Clusters with Hydrogen

The interactions between Ag_nO^-(n=1-8) and H₂ (or D₂) were explored by combination of the mass spectroscopy experiments and density function theory (DFT) calculations. The experiments found that all oxygen atoms in Ag_nO^-(n=1-8) are inert in the interactions with H₂ or D₂ at the low temperature of 150 K, which is in contrast to their high reactivity with CO under the same condition. These observations are parallel with the preferential oxidation (PROX) of CO in excess hydrogen catalyzed by dispersed silver species in the condensed phase. Possible reaction paths between Ag_nO^-(n=1-8) and H₂ were explored using DFT calculations. The results indicated that adsorption of H₂ on any site of Ag_nO^-(n=1-8) is extremely weak, and oxidation of H₂ by any kind of oxygen in Ag_nO^-(n=1-8) has an apparent barrier strongly dependent on the adsorption style of the "O". These experiments and theoretical results about cluster reactions provided molecule-level insights into the activity of atomic oxygen on real silver catalysts.     

Encapsulation of RNA by negatively charged human serum albumin via physical interactions

Human serum albumin (HSA) is the most abundant plasma protein and has an inherent ability to target tumor cells. It is an excellent candidate for drug delivery. However, HSA cannot form complex with DNA or RNA, because it is negatively charged under physiological conditions. In this work, we reported a simple method to prepare HSA/RNA nanoparticles mainly by physical interaction. Firstly, the solution pH is adjusted to 4.0, under which condition HSA is positively charged. It forms complex with RNA via electrostatic interaction. The solution is then heated at 75 oC for 15 min to stabilize the structure and the size of the formed complex. The HSA/RNA nanoparticle prepared by this method has a diameter about 110 nm and a narrow distribution. It is also stable for days under physiological conditions. Cellular essays demonstrate that these particles exhibit a high cellular uptake efficiency and non-toxicity to HeLa cells.     

Structural versatility and electrochemical properties of four copper(II) complexes based on 1<Emphasis Type="Italic">H</Emphasis>-indazole-3-carboxylic acid

Copper (Cu)(II) complexes were synthesized by Ind-3-COOH combined with N-containing auxiliary ligands via a combinatorial strategy involving hydrothermal and solvent-evaporation method. The synthesized complexes had the following formulas: [Cu(Ind-3-COO)₂] (1), [Cu(PHEN)(Ind-3-COO)]₂·2H₂O (2), [Cu₂(DPP)(Ind-3-COO)₂(H₂O)]·H₂O, (3) and [Cu(BPY)(Ind-3-COO)₂]·4H₂O (4). Meanwhile, the symbol abbreviations were listed as follows: Ind-3-COOH = 1H-indazole-3-carboxylic acid, 1,3-bis(4-pyridyl)propane (DPP), 1,10-phenanthroline (PHEN) and 4,4′-bipyridine (BPY). The crystalline structure and spectroscopy of each complex were characterized by single-crystal X-ray diffraction, elemental analysis, Fourier transform infrared spectroscopy and powder X-ray diffraction. The redox reactions in the complexes were then investigated by performing cyclic voltammetry under nitrogen conditions at room temperature. Two pairs of distinctive irreversible reduction potentials were identified, which could be attributed to the processes of Cu(II)–Cu(I) and Cu(I)–Cu(0).     

Phenolic constituents from <Emphasis Type="Italic">Alisma plantago</Emphasis>-<Emphasis Type="Italic">aquatica</Emphasis> Linnaeus and their anti-chronic prostatitis activity

Background

The plant Alisma plantago-aquatica Linnaeus, which is widely distributed in southwest of China, is the main material of traditional Chinese medicine “Zexie”. It was used as folk medicine for immune-modulation, anti-tumor, anti-inflammatory and antibacterial. Previous chemical studies on A. plantago-aquatica reported the identification of triterpenes, diterpenes, sesquiterpenes, steroids, alkaloids and phenolic acid. Terpenes and phenolic acid were regard as major secondary metabolites from this medicine plant.

Results

A new phenolic acid, plantain A (1), along with four known compounds (2–5) were isolated and identified from A. plantago-aquatica by extensive chromatographic and spectrometric methods. In the present study, the levels of TNF-α, IL-1β, COX-2, PEG2 and TGF-β1 were increased in model group rats, whereas on treatment with the isolated compound (1 and 4) at 50 mg/kg, there was a significant decrease in the cytokine levels. Therefore, the anti-CNP effect of 1 and 4 may be related to their anti-inflammatory properties.

Conclusions

A new phenolic acid and four known phenolic compounds were isolated from A. plantago-aquatica. Moreover, compounds 1 and 4 shows significant anti-chronic prostatitis activity in rats.

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Exact separation theorem for closed sets in Asplund spaces

In this paper, in terms of the Fréchet normal cone, we establish exact separation results for finitely many disjoint closed sets in an Asplund space, which supplement the extremal principle and some fuzzy separation theorems. As an application, we provide a new optimality condition for a constraint optimization problem in terms of Fréchet subdifferential and Fréchet normal cone.     

Asymptotic behavior of solutions to the compressible nematic liquid crystal system in ℝ3

In this paper, we study a nematic liquid crystals system in three-dimensional whole space ?³ and obtain the time decay rates of the higher-order spatial derivatives of the solution by the method of spectral analysis and energy estimates if the initial data belongs to L¹?³ additionally.