Search results for " Compensation"
showing 10 items of 158 documents
Macroeconomic Fluctuations as a Source of Luck in CEO Compensation
2010
Macroeconomic fluctuations such as interest rate and exchange rate can be considered sources of good or bad “luck” for corporate performance. Incentive effects of performance-based compensation for management may be weakened or biased by macroeconomic influences depending on the ability of management to adjust for operations. We decompose the impacts on CEO compensation to distinguish between macroeconomic (anticipated and unanticipated) and “intrinsic” sources. Total CEO compensation is measured by including options awarded or options exercised. Both measures depend strongly on variations in macro factors but the time patterns differ. The macroeconomic factors increased total awarded compe…
Stretched fibre based dispersion compensating module for ultra high-speed telecommunication systems
2008
International audience; In this work, the potential efficiency of a low-loss, tunable second-and third-order dispersion compensating module based on a stretched optical fibre for ultra high-speed telecommunication systems is analysed. Experimental results at a repetition rate of 640 GHz show that precise dispersion compensation could be achieved in the range of +0.038 ps/nm by means of an 11.3 cm maximum stretching of a 48 m long dispersion compensating.
Development of a vision-based measurement system for relative motion compensation
2014
Masteroppgave i mekatronikk MAS 500 Universitetet i Agder 2014 Motion compensation is used in many applications where no relative motion between two objects is desired. In the offshore industry, motion compensation systems are used to increase the operational window during load transfers like crane operations or positioning of gangways for personell transfer. In most systems one or more motion reference units (MRU) are used to measure motion with respect to a world reference frame and compensate for this motion. For motion compensation between two independently moving objects, a MRU-based solution becomes complex when measurements must be exchanged and combined. Vision systems have existed …
Online Deflection Compensation of a Flexible Hydraulic Loader Crane Using Neural Networks and Pressure Feedback
2022
The deflection compensation of a hydraulically actuated loader crane is presented. Measurement data from the laboratory are used to design a neural network deflection estimator. Kinematic expressions are derived and used with the deflection estimator in a feedforward topology to compensate for the static deflection. A dynamic deflection compensator is implemented, using pressure feedback and an adaptive bandpass filter. Simulations are conducted to verify the performance of the control system. Experimental results showcase the effectiveness of both the static and dynamic deflection compensator while running closed-loop motion control, with a 90% decrease in static deflection.
Static Deflection Compensation of Multi-Link Flexible Manipulators Under Gravity
2022
The static deflection compensation method of a planar multi-link flexible manipulator is proposed using the feedback from inertial sensors mounted at the tip of each link. The proposed compensation technique is validated experimentally using a high-precision laser tracker. The proposed strategy is experimentally verified using a three-link flexible manipulator. A strategy to compensate for the centripetal and tangential acceleration induced on the accelerometer mounted on the rotating link is proposed for correct inclination estimation. The improvement in the inclination estimation using the proposed compensation technique is verified both in simulation and experimental studies.
Cascaded Multilevel Inverter-Based Asymmetric Static Synchronous Compensator of Reactive Power
2022
The topology of the static synchronous compensator of reactive power for a low-voltage three-phase utility grid capable of asymmetric reactive power compensation in grid phases has been proposed and analysed. It is implemented using separate, independent cascaded H-bridge multilevel inverters for each phase. Every inverter includes two H-bridge cascades. The first cascade operating at grid frequency is implemented using thyristors, and the second one—operating at high frequency is based on the high-speed MOSFET transistors. The investigation shows that the proposed compensator is able to compensate the reactive power in a low-voltage three-phase grid when phases are loaded by highly asymmet…
Students’ Opinions on Financial Compensation from Project Work
2015
Project-based learning with real customers arguably offer value for all stakeholders. This value has been discussed in literature both from the viewpoint of customers and the related economic value, and the enhanced learning of students. This paper presents the results from an empirical study on students who have completed a multidisciplinary project course with real customers. A qualitative survey was focused on how students see the value of project-based learning and whether there should be financial compensation to students. The students placed a higher value on learning than financial compensation, and while they argued that it would be fair and nice if some compensation was paid, they …
Corporate social responsibility and managerial compensation: further evidence from spanish listed companies
2021
Ongoing regulatory efforts aim to link managerial compensation with a firm’s performance. However, little is known about whether and how Corporate Social Responsibility (CSR) goals are considered in the design of the managerial compensation scheme. This paper addresses this research question by analyzing a sample of Spanish listed firms for the period spanning 2013–2018. The outcomes of the regressions suggest that there is a positive relationship between CSR and the managerial compensation, but this relationship is significant only with lower levels of CSR. The study also reveals that CSR is positively associated with the proportion of equity-based compensation and, therefore, negatively a…
School aspirations, cognitive skills and wage expectations of French Undergraduates
2013
en ligne : http://cemapre.iseg.utl.pt/educonf/2e3/files/submissions_to_web/Bonnard%20Claire_%20Giret%20Jean-Francois_Lambert-Le%20Mener%20Marielle.pdf; This paper aims to study the earnings expectations of first-year students at a French university and to compare them with the observed earnings of young people in the labour market for that same year. Our findings highlight the importance of the environment in which students make their choices about education. Expected earnings are proportionally higher when their parents seem to be involved in the careers guidance, even controlling for the effect of parental socio-economic status. The positive opinion of parents about the orientation or the…
Active heave compensation of floating wind turbine installation using a catamaran construction vessel
2021
Abstract The application of floating wind turbines is limited by the high cost that increases with the water depth. Offshore installation and maintenance continue to consume a high percentage of the project budget. To improve the installation efficiency of the floating offshore wind turbine, a novel concept is proposed by the SFI MOVE project. Several wind turbine superstructure components are preassembled onshore and carried to the installation site by a catamaran construction vessel. Each assembly can then be installed using only one lift, and the concept is less sensitive to weather conditions. In this paper, a control algorithm of the proposed hydraulic active heave compensator system i…