• 제목/요약/키워드: Added (MVA)

검색결과 8건 처리시간 0.018초

공장활동 가치창출분석을 이용한 MVA에 관한 연구 (A Study on MVA using Value Driver Analysis in Manufacturing Activity)

  • 한진열;황승국;강성수
    • 한국산업경영시스템학회:학술대회논문집
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    • 한국산업경영시스템학회 2002년도 춘계학술대회
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    • pp.19-24
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    • 2002
  • The result of management profits create to manufacturing activity. The gross sale profits must be maximum thraw spend of economic value. The profit maximum have to management based key value driver of manufacturing activity. The important factors of the study model are manufacturing value driver(MVD) and manufacturing value added(MVA). We show necessity of management based value by means of a case study.

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한국의 국가경쟁력 강화를 위한 디지털 정책 방안에 대한 연구 (A Study on the Korea's Digital Policy to Strengthen National Competitiveness)

  • 박경혜
    • 디지털융복합연구
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    • 제21권3호
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    • pp.41-48
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    • 2023
  • 제4차 산업혁명이 확대되면서 국가경제의 미래와 관련한 새로운 불확실성에 직면하게 되었다. 디지털 전환(DX)이 오늘날 ICT 중심 세계에서 필수적인 글로벌 패러다임이다. 공신력있는 글로벌 보고서들에 따르면 한국은 이미 글로벌 제조업 부가가치(MVA)에서 큰 비중을 차지하고 있으며, 향후 그 비중을 확대할 수 있는 좋은 위치에 있다. 본 논문에서는 디지털 전환에 초점을 맞추어 한국 경제의 글로벌 경쟁력 수준을 측정하고자 시도한다. 우선 세계적으로 인정받는 분석들을 참조하여 국가경쟁력을 비교해 봤다. 산업과 경제가 또 다른 기술 혁명의 직면한 만큼 각국은 변화하는 산업의 추세에 대한 인식을 구축하고, 이러한 변혁의 혜택을 받을 수 있는 최선의 준비 방법을 결정하여 준비태세를 강화해야 한다. 제4차 산업혁명 시대의 디지털화의 기회와 정책 과제를 분석해 보기로 하였다.

The Effects of Intellectual Capital and Financial Leverage on Evaluating Market Performance

  • OBEIDAT, Samer;AL-TAMIMI, Khaled;HAJJAT, Emad
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.201-208
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    • 2021
  • This study aimed to identify the key factors that affect the financial market performance (Price-Earnings Model) through a sample of 35 public shareholding industrial companies on the Amman Stock Exchange for the period 2010-2019, using statistical models and methods, such as the Simple Linear Regression Model, Correlation Coefficient, and dispersion board. The study results showed the nonexistence of a statistically significant effect between the intellectual capital and market value added (MVA) and market performance. Results also showed a statistically significant positive effect between financial leverage (FL) and the market performance, where the interpreted variation reached 64%. It showed from the analysis results that the relationship between (MVA) and market performance (P/E) agrees with the study hypotheses, while the result related to (FL) disagrees with the study hypotheses. The study recommends that public shareholding industrial companies should focus more on intellectual capital and show its value in the annual financial statements and reports, and those companies that have high profitability and the chance to hold gains and profits should rely less on debt and more on retained earnings, due to the high risk of debt and in line with the present unstable circumstances in Jordan, especially in light of the global Covid-19 crisis.

A Study of Economic Value Added Disclosures in the Annual Reports: Is EVA a Superior Measure of Corporate Performance?

  • Bhasin, Madan Lal
    • 동아시아경상학회지
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    • 제5권1호
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    • pp.10-26
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    • 2017
  • This paper explains the concept of Economic Value Added (EVA) that is gaining popularity in India. We also examine whether EVA is a superior performance measure, both for corporate disclosure and for internal governance. Of late, companies in India have started focusing on shareholders wealth creation by adopting value-based models for measuring shareholder value that helps to align managerial decision-making with the firm preferences. In recent years, the EVA framework is gradually replacing the 'traditional' measures of financial performance on account of its robustness and its immunity from 'creative' accounting. Even though some leading Indian companies have already joined the band wagon of their American counterparts in adapting the EVA-based corporate performance systems, many other are hesitating as there is no strong evidence that the EVA system works in India. Till now, EVA disclosures are "not mandatory for the Indian companies." Also, we examine the value-creation strategies of selected Indian companies by analyzing whether EVA better represents the market-value of these companies in comparison to conventional performance measures. The study indicates that "there is no strong evidence to support Stern Stewart's claim that EVA is superior to the traditional performance measures in its association with MVA." As part of this study, we have also extensively surveyed the EVA disclosures in the Annual Reports made by the same sample group of 500 corporations from India.

Novel Alignment Layers for Ion Beam Method and the Orientations of Liquid Crystal

  • Ahn, Han-Jin;Kim, Kyung-Chan;Kim, Jong-Bok;Baik, Hong-Koo;Park, Chang-Joon;Hwang, Jeoung-Yeon;Seo, Dae-Shik
    • 한국정보디스플레이학회:학술대회논문집
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    • 한국정보디스플레이학회 2004년도 Asia Display / IMID 04
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    • pp.1155-1158
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    • 2004
  • Various inorganic alignment layers of nematic liquid crystal (NLC) molecules were investigated. Ar ion beam (IB) irradiation was utilized for alignment method and homogenous and homeotropic orientations with tilt angle were obtained on the suitable inorganic thin films. Proper doping materials were added to diamond-like carbon (DLC) films. In the case of homogeneous alignment, nitrogen doping affected the increase of pretilt angle, while the fluorine bonding in the DLC films was induced the tilted homeotropic alignment cause its extreme hydrophobic property. These results showed that ion beam irradiation method could be applied to the various alignment mode of NLC such as IPS, TN and MVA.

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TCR을 이용한 Voltage Sag와 Swell 발생장치에 대한 연구 (Voltage Sag and Swell Generator with Thyristor Controlled Reactor)

  • 박태범;권기현;정용호;이진;임계영
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2002년도 하계학술대회 논문집 A
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    • pp.25-27
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    • 2002
  • This paper describes a new economical voltage sag and swell generator suitable to the evaluations of high power custom power devices such as DVR (Dynamic Voltage Restorer) and DSTATCOM (Distribution Static Compensator). This system was designed to generate the several power quality disturbances in MVA power ratings - voltage sag and swell, under voltage, over voltage and harmonic distortions. The basic idea for voltage sag and swell is to use the voltage drop across a reactor, while the voltage swell is to use the step-up transformer and the TCR(Thyristor Controlled Reactor). In this paper, two identical 3 phase TCRs and a step-up transformer with tap changer are used. Additional harmonic filters are added to reduce the voltage distortion when TCRs are operated. Simulation results are given for several cases of voltage sag and swell generations.

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Intellectual Capital Measurement and Disclosure : A New 'Paradigm' in Financial Reporting

  • Bhasin, Madan Lal
    • 융합경영연구
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    • 제4권4호
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    • pp.1-16
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    • 2016
  • In today's knowledge-based economy, measurement and disclosure (M&D) of intellectual capital (IC) are crucial for enhancing business performance and competitiveness. In the global world, M&D of IC are useful means to keep investors well-informed and reduce information asymmetry. At present, very few leading corporations in India have disclosed IC information on a 'voluntary' basis. Traditional accounting practices, therefore, will need to assimilate innovations that seek to meaningfully represent the 'true-value' of the intangible assets of the company. This is an exploratory study of IC M&D by 8 Indian companies over 5-year period, using 'content' analysis and market-value-added (MVA) as research methodologies. The annual reports of companies were collected from their respective websites. As part of present study, various statistical techniques have been used to analyze the data. The findings show that the sample companies, on an average, reported a positive value of IC, along with wide-disparity, low-level of ICD. Unfortunately, the omission of IC information may adversely influence the quality of decisions made by shareholders, or lead to material misstatements. Finally, we recommend to "the international accounting bodies, to take the lead by establishing a harmonized ICD standard, and provide guidance to the big listed-companies for proper measurement and disclosure of IC, both for internal and external users."

Production of Bio-Based Isoprene by the Mevalonate Pathway Cassette in Ralstonia eutropha

  • Lee, Hyeok-Won;Park, Jung-Ho;Lee, Hee-Seok;Choi, Wonho;Seo, Sung-Hwa;Anggraini, Irika Devi;Choi, Eui-Sung;Lee, Hong-Weon
    • Journal of Microbiology and Biotechnology
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    • 제29권10호
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    • pp.1656-1664
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    • 2019
  • Isoprene has the potential to replace some petroleum-based chemicals and can be produced through biological systems using renewable carbon sources. Ralstonia eutropha can produce value-added compounds, including intracellular polyhydroxyalkanoate (PHA) through fatty acid and lipid metabolism. In the present study, we engineered strains of R. eutropha H16 and examined the strains for isoprene production. We optimized codons of all the genes involved in isoprene synthesis by the mevalonate pathway and manipulated the promoter regions using pLac and pJ5 elements. Our results showed that isoprene productivity was higher using the J5 promoter ($1.9{\pm}0.24{\mu}g/l$) than when using the lac promoter ($1.5{\pm}0.2{\mu}g/l$). Additionally, the use of three J5 promoters was more efficient ($3.8{\pm}0.18{\mu}g/l$) for isoprene production than a one-promoter system, and could be scaled up to a 5-L batch-cultivation from a T-flask culture. Although the isoprene yield obtained in our study was insufficient to meet industrial demands, our study, for the first time, shows that R. eutropha can be modified for efficient isoprene production and lays the foundation for further optimization of the fermentation process.