• Title/Summary/Keyword: Agency Problems

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The Impact of Board Structure and Board Committee Attributes on Firm's Cash Holdings: An Empirical Study from Pakistan

  • IDREES, Muhammad;BANGASH, Romana;KHAN, Hanana
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.135-147
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    • 2022
  • This study was conducted to determine whether there is a significant relationship between board structure and board committee qualities and corporate cash holdings in Pakistan. For this objective, 168 listed enterprises on the PSX for the period 2016 to 2020 were chosen as a sample from a population of 436 non-financial firms. Multiple regression analysis was used in the study to discover a relationship between board structure and board committee features and cash holdings. The study's findings revealed that board size, executive directors, and board independence have no significant impact on the firm's cash holding because they play no important part in the firm's cash holding. Auditors, audit committee size, audit committee meetings, and the compensation committee, on the other hand, have no major impact on the firm's cash holdings because they are not relevant indicators to compare with cash holdings. While board meeting frequency and leadership structure both have a negative influence on cash holding, board meeting frequency increases firm costs, whereas leadership structure causes agency problems. Results were supported by the pecking order theory, cash flow theory, and agency theory.

Clarification of Safety Measure Implementation Entities through the Development of a Stakeholder Model for Special Types of Workers (특수형태근로종사자의 이해관계자 모형 개발을 통한 안전조치 이행주체 명확화)

  • Yongyoon Suh;Jong Soo Hyun;Choi Yirac;Junghwan Byeon
    • Journal of the Korean Society of Safety
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    • v.38 no.6
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    • pp.36-49
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    • 2023
  • Since the recently established obligation to implement safety and health measures for specialized workers as outlined in the Occupational Safety and Health Act (OSHA) for nine occupations in January 2020 and five occupations in November 2021, there is a need to verify and inspect the on-site operation of related systems. After a comprehensive fact-finding survey and risk factor analysis, it is necessary to examine the responsibility for on-site safety and preventive measures, along with the roles and responsibilities of specialized workers. Stakeholder analysis is essential to identify the fundamental problems related to the responsibility stipulated in the purpose of OSHA and to explore the entity responsible for implementing safety measures. Therefore, in this paper, we discuss the topic of implementation based on legal standards for on-site safety and preventive measures. Additionally, we develop a role model for appropriate safety measures, outlining the dynamic relationship between those who provide labor and those who provide labor in the context of specialized workers.

Establishment of the Strategy for An Active Participation in the IAEA Program and Its Effective Implementation in the Fields of the Nuclear Fuel Cycle and Materials Technology

  • Kim, Kyoung-Pyo;Park, Seong-Won;Kim, Tae-Woon;Kim, S. Ho;Lee, Kun-Jai
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2004.06a
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    • pp.121-121
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    • 2004
  • As one of the major activities of the International Atomic Energy Agency (IAEA), a Coordinated Research Program (CRP) has been implemented with the aim of solving many of the problems facing the Member States by integrating various different levels of each country's technical capabilities in the areas which the Agency needs further technology development. To establish the strategy for an active participation In the CRP and its effective implementation, general features of the current IAEA programs and a prospect of the future program for 2006-2007 are described.(omitted)

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ISAR IMAGING FROM TARGET CAD MODELS

  • Yoo, Ji-Hee;Kwon, Kyung-Il
    • Proceedings of the KSRS Conference
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    • 2005.10a
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    • pp.550-553
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    • 2005
  • To acquire radar target signature, various kinds of target are necessary. Measurement is one of the data acquiring method, but much time and high cost is required to get the target data from the real targets. Even if we can afford that, the targets we can access are very limited. To obtain target signatures avoiding these problems, we build the target CAD (Computer Aided Design) model for the calculation of target signatures. To speed up RCS calculation, we applied adaptive super-sampling and tested quite complex tank CAD model which is 1.4 hundred of thousands facet. We use calculated RCS data for ID range profile and 2D ISAR (Inverse Synthetic Aperture Radar) image formation. We adopted IFFT (Inverse Fast Fourier Transform) algorithm combined with polar formatting algorithm for the ISAR imaging. We could confirm the possibility of the construction of database from the images of CAD models for target classification applications.

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Policing Domestic Violence: Learning from the British Experience

  • Button, Mark;Lee, Julak
    • International Journal of Contents
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    • v.10 no.1
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    • pp.12-17
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    • 2014
  • This paper will explore the problem of domestic violence in the UK. It will begin by defining the problem and then set out estimates of the extent of the problem, while also examining the problems that are involved in measurement. It will then examine the policing strategies that have been put in place to tackle this problem, such as intelligence gathering, effective investigations, and risk management techniques. The paper will also highlight the importance of multi-agency involvement when dealing with domestic violence and the wide range of orders that have been created in order to help deal with this problem.

A Study on the Correction and Management of Bearing Drawings in the Defense Field (국방분야 베어링 도면정비 및 관리방안 연구)

  • Yi, Il-Lang;Kim, Tae-Won
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.2_2
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    • pp.225-232
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    • 2020
  • In this paper, we introduce the results of investigating and overhauling bearing drawings in the defense field, and propose an effective bearing drawing management system. We identify the features and performance items that must be regulated in the bearing drawing. After reviewing the validity of the bearing drawings, we classify the incorrect drawings by factor. To achieve greater effect, standardized formats are needed to incorporate into the drawing in the early stage. We propose the introduction of a bearing drawing management system so that the developing bearing technology can be applied quickly to the defense sector. As other elementary parts of the machine have similar problems, we think this study will help develop improvement plans.

A Study on the Promotion of Reliability Test for Imbedded Software of Weapon System (무기체계 내장형 소프트웨어 신뢰성시험 향상방안에 관한 연구)

  • Heo, Kon Yi;Kwon, Kyoug Yong;Kim, Tae Sik
    • Journal of the Korean Society of Systems Engineering
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    • v.11 no.1
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    • pp.67-72
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    • 2015
  • It has been tested for SW reliability in order to prevent the SW error during the development of weapons systems. According to a recent report, defects such as memory leak, buffer overflow, and null deference occur usually in the development stage, but also in the mass production stage. Although it is intended to enhance the SW test and evaluation to prevent SW failures in the development stage, the non-functional problems like syntax errors are not completely revised due to the limitation of the schedule and costs. In addition, SW failure rate are usually fluctuated by the operational environment through SW upgrade in contrast with HW. In this paper, we propose a method to increase SW reliability in the mass production stage of Korean weapon systems.

Iterative parameter estimation for nonlinear measurements (비선형 측정에 대한 반복 계수측정 기법)

  • Chung, Tae-Ho;Je, Chang-Hae;Lyou, Joon
    • 제어로봇시스템학회:학술대회논문집
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    • 1993.10a
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    • pp.314-317
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    • 1993
  • In this paper, the IPE(Iterative Parameter Estimation) methods for the nonlinear measurements are proposed. The IPE methods convert the problems of the parameter estimation for the nonlinear measurements to that of the solution of the nonlinear equations approximately and use several iterative numerical solutions, such as fixed points theory, Newton's methods, quasi-Newton's methods and steepest descent techniques. the IPE methods for the nonlinear measurements-in the case of the error estimation for the inertial navigation systems are simulated, and it is found that the estimation errors for the nonlinear measurements decrease rapidly and converge to almost that of the linear LSE(Least Squares Estimation) when the IPE methods are applied.

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Modeling of Policy Making for Big Data (빅데이터를 위한 정책결정 설계)

  • Lee, Sangwon;Park, Sungbum;Kim, Sunghyun;Chae, Seong Wook
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2015.01a
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    • pp.281-282
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    • 2015
  • Data, by itself, will not reveal the optimal policy choice. Nor will data alone tell us what problems to focus on or how to direct resources. It should be recognized upfront that data-driven policy making cannot provide all the answers to the challenges of good governance. Policy decisions always depend on a combination of facts, analysis, judgment, and values. In this paper, we research on factors to design an organizational policy making for Big Data.

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A Study on the Improvement for An Illegality Detective Agency and Messenger Office (불법 흥신소 및 심부름센터 개선방안에 관한 연구)

  • Kim, Il Gon;Jung, Kwi Young
    • Convergence Security Journal
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    • v.14 no.6_2
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    • pp.53-62
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    • 2014
  • This study is aimed what improvement for an illegality detective aagency and messenger office. First, administrators or managers who are involved with personal information protection should make a full-fledged effort to gather information. Second, counseling or related programs should be provided for small and mid-sized security firms to guarantee thorough personal information protection. Third, Korea Security Association should improve the educational system related to personal information protection to resolve problems with this education currently provided for managers and employees of these companies.