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Increasingly, small and medium enterprises, decentralized international companies, and even non-governmental organizations are adopting SSCs to reduce costs and gain efficiencies in their HR, finance, IT, facilities management, and other functions. Additionally, a growing number of users are expanding the scope of their SSCs beyond primarily transactional activities (such as finance and sales) to encompass full-service, higher value activities such as HR. To establish an SSC, we need to find answers to multiple questions such as: which processes should the company offload onto an SSC, and which ones should it keep on-premises? What individual activities make up each process? To what extent is it possible to move these processes and activities offsite? And what specifically should one look for in a viable location? We wanted to know more about this recent unit in the HR department at BIA. We have therefore tried to explore its way of working, its actors, its methods, its challenges and its advantages. In order to achieve this, we have chosen a research question which is “What are the challenges behind setting up a Shared Service Center within an international company like BIA Group?”

Shared Service Center --- SSC --- SSC HR --- centre de services partagés --- BIA Group --- défis du SSC --- défis du CSP --- CSP --- CSP RH --- Sciences économiques & de gestion > Gestion des ressources humaines

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Environmental, social and governance concerns are gaining ground recently and the growing amount of available data enables investors to integrate these issues in their investment strategies. Since a few years, the popularity of these ESG criteria are translated in a growing number of assets under management incorporating ESG criteria in Europe and in the rest of the world. With regard to the growing popularity amongst investors, research analysed the relationship between corporate social performance and financial performance and found a weak but positive relationship between both aspects of the firm.
This thesis will try to contribute to the existing literature by analysing the relationship between CSP and CFP in European companies over the period 2007-2015. In order to perform the analysis, the Thomson-Reuters ASSET-4 database will be used as they provide a complete set of ESG data. The methodology that will be used consists of the repartition of all the stocks with ESG coverage in portfolios on the basis of their ESG score. Thereafter, the relationship will be analysed using least square regression analysis.
The findings of this paper indicates that European markets are rewarding moderate levels of corporate social performance better than low and high levels of ESG. The uncertainty over the ability of firms to combine both projects to improve their societal impact and future growth seems to prevent markets from rewarding top performers. The knowledge of the optimal level of corporate social performance permitted the creation of an investment strategy. From an accounting point of view, this thesis shows that firms with high levels of ESG are able to achieve a return on equity that is three times higher than companies with very low levels of ESG.

ESG, CSP, Environmental social and governance, Corporate Social Performance --- Sciences économiques & de gestion > Finance

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Zentrifugal-Partikelreceiver stellen eine neuartige Komponente für die konzentrierende solare Energiegestehung (CSP) dar. Sie werden in punktfokussierenden CSP-Kraftwerken eingesetzt und gehören - im Gegensatz zu den bereits im Markt befindlichen indirekt absorbierenden Rohrreceivern - der Gruppe der direktabsorbierenden Receiver an. Als Wärmeträgermedium wird hierbei Granulat genutzt, wie beispielsweise Bauxit-Proppants. Bauxit als Wärmeträgermedium ermöglicht höhere Prozesswirkungsgrade aufgrund von höheren Anwendungstemperaturen als in aktuell kommerziell eingesetzten, indirekt absorbierenden Systemen. Gleichzeitig ist Bauxit-Granulat als Wärmespeichermedium einsetzbar, da es besonders kostengünstig ist. Das Potential des Zentrifugal-Partikelreceiver wurde bereits erfolgreich in einem 15kWth Laborreceiver am Deutschen Zentrum für Luft- und Raumfahrt e.V. bewiesen. Darauf aufbauend verfolgt diese Arbeit das Ziel, die Strömungsmechanik von fließenden Granulaten zu modellieren.

Technology. --- Solarthermische Kraftwerke mit Strahlungsbündelung (CSP) --- Solarturmkraftwerke --- direkt absorbierende Receiver (DAR) --- Partikelreceiver --- particle tracking velocimetry (PTV)

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Computer science --- Constraint programming (Computer science) --- Programmation par contraintes --- constraint --- CSP (control system professional) --- programmeertaal --- programmeren --- prolog --- Computer programming

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This Special Issue is a compilation of the recent advances in thermal fluid engineering related to supercritical CO2 power cycle development. The supercritical CO2 power cycle is considered to be one of the most promising power cycles for distributed power generation, waste heat recovery, and a topping cycle of coal, nuclear, and solar thermal heat sources. While the cycle benefits from dramatic changes in CO2 thermodynamic properties near the critical point, design, and analysis of the power cycle and its major components also face certain challenges due to the strong real gas effect and extreme operating conditions. This Special Issue will present a series of recent research results in heat transfer and fluid flow analyses and experimentation so that the accumulated knowledge can accelerate the development of this exciting future power cycle technology.

History of engineering & technology --- emergency diesel generator --- supercritical carbon dioxide cycle --- waste heat recovery system --- bottoming cycle --- re-compression Brayton cycle --- carbon dioxide --- supercritical --- thermodynamic --- exergy --- cycle simulation --- design point analysis --- radial-inflow turbine --- supercritical carbon dioxide --- air --- rotor solidity --- aerodynamic performance --- centrifugal compressor --- aerodynamic optimization design --- numerical simulation --- radial turbine --- utility-scale --- turbomachinery design --- NET Power --- supercritical CO2 --- heat exchanger --- flow analysis --- thermal stress analysis --- LCoE --- CSP --- concentrated-solar power --- axial turbine design --- micro-scale turbomachinery design --- n/a