While the importance of corporate governance has been broadly acknowledged in global financial markets and academic research, how to devise a practical evaluation system is relatively unexplored. This paper attempts to refine the Corporate Governance Evaluation System (CGES), constructed by the Taiwan Stock Exchange (TWSE) since 2014. The current CGES has several debatable issues in its complicated design (e.g., it comprises over 80 indicators in different types). To resolve those issues, this study invited ten senior domain experts (including several CEOs of financial holding companies) to retrieve 13 essential criteria from the CGES in four dimensions. And this study integrates several multiple criteria decision-making (MCDM) methods (i.e., Decision-making trial and evaluation laboratory (DEMATEL), modified VIKOR, DEMATEL-based analytical network process (DANP)) and the fuzzy evaluation technique to rank the exemplary companies. The obtained ranking is consistent with the one released from the CGES in 2017. This study conducted additional experiments to ensure the robustness of the findings. The newly devised model not only supports the ranking decisions but also provides a managerial guidance for companies to pursue systematic improvements. These findings enrich the understanding of corporate governance and contribute to gaining business sustainability for financial holding companies.

The globe and more particularly the economically developed regions of the world are currently in the era of the fourth Industrial revolution (4IR). Conversely; the economically developing regions in the world and more particularly the African continent have not yet even fully passed through the Third Industrial Revolution (3IR) wave and its economy is still heavily dependent on the agricultural field. On the other hand, the state of global food insecurity is worsening on an annual basis thanks to the exponential growth of the global human population which continuously heightens the food demand in both quantity and quality. This justifies the significance of the focus on digitizing agricultural practices to improve the farm yield to meet up with the steep food demand and stabilize the economy of the African continent and countries like India whose economy is mainly dependent on Agriculture. The tools we have at our disposal to utilize in the digitization of farming practices include space technology and Global Navigation and Satellite System (GNSS) in particular, Machine learning (ML), precision agriculture and communication systems such as the Internet of Things (IoT) and Information And Communication Technologies (ICT). The most pressing challenges in the farming field include the monitoring of diseases, pests, weeds and nutrient deficiencies in the crops as early detection translates to swift and timely correction actions and hence more yield at the end of a farming cycle. Vast opportunities in the field of precision agriculture still exist that can amount to further research studies such as the lack of real-time monitoring and real-time corrective action focus.

The hybridization of conventional thermal power plants by incorporation of renewable energy systems has witnessed widespread adoption in recent years. This trend aims not only to mitigate carbon emissions but also to enhance the overall efficiency and performance of these power generation facilities. However, calculating the performance of such intricate systems using fundamental thermodynamic equations proves to be both laborious and time-intensive. Nevertheless, possessing accurate and real-time insights into their performance is of utmost significance to ensure optimal plant operation, facilitate decision-making, and streamline power production planning. In this paper, we delve into the application of machine learning techniques, particularly hybrid methodologies, to predict the performance of power plants. Specifically, we employ three approaches: the Adaptive Neuro-Fuzzy Inference System (ANFIS), the ANFIS optimized via Particle Swarm Optimization (ANFIS-PSO), and the ANFIS optimized through Genetic Algorithm (ANFIS-GA). These techniques are alternatively applied to a complex hybrid thermal power plant, namely an Integrated Solar Combined Cycle Power Plant (ISCCPP). This ISCCPP comprises a steam turbine section, a gas turbine section, and a concentrated solar power system utilizing troughs as collectors. The energy transfer fluid, in conjunction with exhaust from the gas turbine section, heats water within a vessel or steam generator, producing steam to propel the steam turbine's rotor. Electricity generation is facilitated by both gas and steam turbines, which are coupled to a generator. The findings of this study underscore the accuracy and appropriateness of ANFIS-based models in evaluating and predicting the performance of intricate hybrid power plants. The ANFIS model exhibited an impressive overall coefficient of correlation of 0.9991. Notably, the integration of evolutionary algorithms (PSO and GA) into the ANFIS framework elevated model performance, yielding correlation coefficients of 0.9994 for ANFIS-PSO and 0.9997 for ANFIS-GA. It is noteworthy that ANFIS-GA demonstrated superior predictive capability. The modeling framework developed in this research offers valuable support to designers, energy managers, and decision-makers. It provides a robust and dependable tool to assess the performance of hybrid thermal power plants, which are poised for a global surge in numbers amid the ongoing energy transition.

The combination of artificial intelligence algorithms and numerical methods has recently become popular in the prediction of macroscopic and microscopic hydrodynamics parameters of bubble column reactors. The multi inputs and outputs machine learning can cover small phase interactions or large fluid behavior in industrial domains. This numerical combination can develop the smart multiphase bubble column reactor with the ability of low-cost computational time. It can also decrease case studies for the optimization process when big data is appropriately used during learning. There are still many model parameters that need to be optimized for a very accurate artificial algorithm, including data processing and initialization, the combination of inputs and outputs, number of inputs and model tuning parameters. For this study, we aim to train four inputs big data during learning process by an adaptive neuro-fuzzy inference system or adaptive-network-based fuzzy inference system (ANFIS) method, and we consider the superficial gas velocity as one of the input variables, while for the first time, one of the computational fluid dynamics (CFD) outputs named gas velocity is used as an output of the artificial algorithm. The results show that the increasing number of input variables improves the intelligence of the ANFIS method up to , and the number of rules during learning process has a significant effect on the accuracy of this type of modeling. The results also show that propper selection of model parameters results in more accuracy in prediction of the flow characteristics in the column structure.

In the present work, a novel and the robust computational investigation is carried out to estimate solubility of different acids in supercritical carbon dioxide. Four different algorithms such as radial basis function artificial neural network, Multi-layer Perceptron (MLP) artificial neural network (ANN), Least squares support vector machine (LSSVM) and adaptive neuro-fuzzy inference system (ANFIS) are developed to predict the solubility of different acids in carbon dioxide based on the temperature, pressure, hydrogen number, carbon number, molecular weight, and acid dissociation constant of acid. In the purpose of best evaluation of proposed models, different graphical and statistical analyses and also a novel sensitivity analysis are carried out. The present study proposed the great manners for best acid solubility estimation in supercritical carbon dioxide, which can be helpful for engineers and chemists to predict operational conditions in industries.

Solar energy is a renewable resources of energy which is broadly utilized and have the least pollution impact between the available alternatives of fossil fuels. In this investigation, machine leaening approaches of neural networks (NN), neuro-fuzzy and least squares support vector machine (LSSVM) are used to build the models for prediction of the thermal performance of a photovoltaic-thermal solar collector (PV/T) by estimating its efficiency as an output of the model while inlet temperature, flow rate, heat, solar radiation, and heat of sun are input of the designed model. Experimental measurements was prepared by designing a solar collector system and 100 data extracted. Different analyses are also performed to examine the credibility of the introduced approaches revealing great performance. The suggested LSSVM model represented the best performance regarding the mean squared error (MSE) of 0.003 and correlation coefficient (R²) value of 0.99, respectively.

Intelligent algorithms are recently used in the optimization process in chemical engineering and application of multiphase flows such as bubbling flow. This overview of modeling can be a great replacement with complex numerical methods or very time-consuming and disruptive measurement experimental process. In this study, we develop the adaptive network-based fuzzy inference system (ANFIS) method for mapping inputs and outputs together and understand the behavior of the fluid flow from other output parameters of the bubble column reactor. Neural cells can fully learn the process in their memory and after the training stage, the fuzzy structure predicts the multiphase flow data. Four inputs such as x coordinate, y coordinate, z coordinate, and air superficial velocity and one output such as pressure gradient are considered in the learning process of the ANFIS method. During the learning process, the different number of the membership function, type of membership functions and the number of inputs are examined to achieve the intelligent algorithm with high accuracy. The results show that as the number of inputs increases the accuracy of the ANFIS method rises up to almost for all cases, while the increment in the number of rules has a effect on the intelligence of artificial algorithm. This finding shows that the density of neural objects or higher input parameters enables the moded for better understanding. We also proposed a new evaluation of data in the bubble column reactor by mapping inputs and outputs and shuffle all parameters together to understand the behaviour of the multiphase flow as a function of either inputs or outputs. This new process of mapping inputs and outputs data provides a framework to fully understand the flow in the fluid domain in a short time of fuzzy structure calculation.

Electricity demand prediction is vital for energy production management and proper exploitation of the present resources. Recently, several novel machine learning (ML) models have been employed for electricity demand prediction to estimate the future prospects of the energy requirements. The main objective of this study is to review the various ML models applied for electricity demand prediction. Through a novel search and taxonomy, the most relevant original research articles in the field are identified and further classified according to the ML modeling technique, perdition type, and the application area. A comprehensive review of the literature identifies the major ML models, their applications and a discussion on the evaluation of their performance. This paper further makes a discussion on the trend and the performance of the ML models. As the result, this research reports an outstanding rise in the accuracy, robustness, precision and the generalization ability of the prediction models using the hybrid and ensemble ML algorithms.