• Title/Summary/Keyword: Banks' Performance

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DESIGN OF A LOAD FOLLOWING CONTROLLER FOR APR+ NUCLEAR PLANTS

  • Lee, Sim-Won;Kim, Jae-Hwan;Na, Man-Gyun;Kim, Dong-Su;Yu, Keuk-Jong;Kim, Han-Gon
    • Nuclear Engineering and Technology
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    • v.44 no.4
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    • pp.369-378
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    • 2012
  • A load-following operation in APR+ nuclear plants is necessary to reduce the need to adjust the boric acid concentration and to efficiently control the control rods for flexible operation. In particular, a disproportion in the axial flux distribution, which is normally caused by a load-following operation in a reactor core, causes xenon oscillation because the absorption cross-section of xenon is extremely large and its effects in a reactor are delayed by the iodine precursor. A model predictive control (MPC) method was used to design an automatic load-following controller for the integrated thermal power level and axial shape index (ASI) control for APR+ nuclear plants. Some tracking controllers employ the current tracking command only. On the other hand, the MPC can achieve better tracking performance because it considers future commands in addition to the current tracking command. The basic concept of the MPC is to solve an optimization problem for generating finite future control inputs at the current time and to implement as the current control input only the first control input among the solutions of the finite time steps. At the next time step, the procedure to solve the optimization problem is then repeated. The support vector regression (SVR) model that is used widely for function approximation problems is used to predict the future outputs based on previous inputs and outputs. In addition, a genetic algorithm is employed to minimize the objective function of a MPC control algorithm with multiple constraints. The power level and ASI are controlled by regulating the control banks and part-strength control banks together with an automatic adjustment of the boric acid concentration. The 3-dimensional MASTER code, which models APR+ nuclear plants, is interfaced to the proposed controller to confirm the performance of the controlling reactor power level and ASI. Numerical simulations showed that the proposed controller exhibits very fast tracking responses.

Social Capital and Overseas Chinese Economy: A Comparison of Korean and Chinese ethnobanks in California (사회자본과 화교경제: 캘리포니아주 한인 및 중국계은행의 비교를 중심으로)

  • Ahn, Hyeon-Hyo
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.4
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    • pp.641-662
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    • 2010
  • Through the comparative studies on Korean and Chinese ethnobanks in the U.S., this research finds the difference in the social capital between Korean and Chinese American economy and reinterprets the social capital in overseas Chinese. In many ethnic studies, the ethnobanks in the U.S. are thought as the main drive of the economic prosperity in the ethnic communities. For the success of these ethnobanks, the relationship banking of these ethnobanks are contrasted with the arms-length banking of the mainstream U.S. banks. However there are the differences both in performance and business strategies even among different ethnobanks. Contrary to the Korean ethnic banks having much portion of business loans, Chinese ethnic banks have stressed real-estate loans in their loan portfolio. This research regards the differences of business strategies and performance of these ethnobanks as the result of the different social, cultural contexts in each ethnic community. From these finings, we can improve the understanding of the concept of social capital in overseas Chinese economy.

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The Performance of Private Wealth Management in Indonesia

  • GUNARDI, Hery;PRIMIANA, Ina;EFFENDI, Nury;HERWANY, Aldrin
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.717-725
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    • 2020
  • The purpose of this paper is to highlight the impact of the performance of private wealth management (PWM) on the growth of retail banking in Indonesia. The variables used are bank's competitiveness, risk management, performance of private wealth management, and growth of retail banking business. The data were collected from 60 respondents from 32 banks over five months, from October 2018 to March 2019. Using partial least square path modeling, the analysis shows that the performance of private wealth management has an impact on the growth of retail banking sector in Indonesia. Bank competitiveness and risk management affect the performance of personal wealth management and have an impact on the growth of the retail banking business. Bank competitiveness is the variable that most influences the performance of private wealth management in Indonesia. This research found that market share is the most significant indicator of bank competitiveness. For risk management, significant indicators are the level of bank confidence, increased bank competitiveness, and the creation of new products. In the performance of the private wealth management variable, the most significant indicator is the revenue fee-based income. For the growth of retail banking business, a clear indicator is profit growth.

Performance Assessment Model Development for the Small and Medium Sized Firm's Resupporting Program (중소기업 재지원을 위한 성과평가모형 개발)

  • Jun, Soonyoung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.12
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    • pp.5776-5785
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    • 2012
  • Government bodies offer various policies and programs to support small and medium sized enterprise. There's no only one business firm's performance model for the management performance assessment for the government's supporting and/or resupporting program. However assessment factor had been supposed to manage for the enterprise. Current assessment standards, that is Business Innovation Small and Medium sized firm Certification Model, Technology Innovation Small and Medium sized firm Certification Model, Productivity Management System Certification Model, Small and Medium Sized Firms of Korea Federation of Banks, and Business Performance of the State Owned Enterprise would be collected and then develop performance assessment model for the start-ups small and medium sized firms.

The Influence of Intellectual Capital Elements on Company Performance

  • EKANINGRUM, Yulliana
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.257-269
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    • 2021
  • Intellectual capital is becoming a crucial factor for a firm's long-term profit and performance in the knowledge-based economy as more firms identify their core competence as invisible assets rather than visible assets (Itami, 1987). The company was encouraged to measure financial and non-financial factors, including the customer perspective groups, the internal business process, learning and growth perspective, then to link all these measurements in a coherent system. This paper seeks to investigate the influence of intellectual capital elements on company performance, as well as the relationship among intellectual capital elements from a cause-effect perspective. Resource-Based View (RBV) considers intellectual capital as resource and capability to sustain competitive advantage on company performance. The partial least squares approach is used to examine listed banks in Indonesia Stock Exchange for year 2017-2019. Results show that human capital directly has positive influences on innovation capital, customer capital, and process capital. Innovation capital has positive, but less significant influence on process capital, which in turn influences customer capital. Human capital and process capital also influence customer capital. Finally, customer capital contributes to performance. This study helps management to identify relevant intellectual capital elements as competitive advantage and their indicators to enhance business performance.

Ethical Values Reflected on Zakat and CSR: Indonesian Sharia Banking Financial Performance

  • AULIYAH, Robiatul;BASUKI, Basuki
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.225-235
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    • 2021
  • The objective of this study is to identify the effects of ethical values reflected on zakat and Corporate Social Responsibility (CSR) on the financial performance of sharia banking in Indonesia. This study contributes to the Indonesia Financial Service Authority (Otoritas Jasa Keuangan (OJK) policies concerning the need for implementing ethical values in sharia banking and other sharia financial entities based on the philanthropic model, this study posits that firms undertaking zakat and charity are ethical firms. The population of this study is 8 sharia banks listed on the Indonesia Stock Exchange (IDX) in 2014-2018. The result of the study showed that zakat disclosure significantly affected financial performance. Moreover, ethical values that were proxied by CSR disclosure did not significantly affect financial performance. The limitation of the study is the limited number of the sample; therefore, it is expected that the future research adds other sharia financial entities and adds the dimension of management, sustainability, product, and the environment as benchmarks of ethical values. The originality of this study offers an additional explanation of the relationship between ethical values and performance by investigating zakat and CSR disclosure which is a unique factor in Indonesia.

A Research on the Core Functions and Management Level of the PMO to Improve IS Project Performance (정보시스템 개발 프로젝트 성과 향상을 위한 PMO 핵심 기능과 관리수준에 관한 연구: 금융권 차세대 프로젝트 사례를 중심으로)

  • Kim, Sang-Yeoul;Chang, Yun-Hi
    • The Journal of Information Systems
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    • v.15 no.4
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    • pp.1-22
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    • 2006
  • Nowadays, IS projects are getting more complicated and large-scaled. Therefore, many researchers and practitioners have been interested in the IS development methodologies, automated tools, techniques, and TQM to improve IS performance. Latest Standish Group's research reported that after the PMO introduction, project scale became bulkier than 1 or 2 year ago, and that IS development project success probability was increased sharply by 62 percents from 37. The previous researches listed just various PMO functions. This research is to seize the core functions and management level of the PMO affecting on the IS project performance with banks which are the leading industry to accept the PMO in Korea. The activities in the categories of implementation management technology support management infrastructure management are the core functions of the PMO to affect the IS performance including schedule management quality management user and stakeholders' satisfaction. Also, the PMO management level is important for IS project success. Among the 5 levels PMI suggested, PMO can implement the project effectively at least at the third level. Korean companies which are about to introduce the PMO have to consider the PMO core functions and management level to increase the IS maturity.

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An Analysis of the Effectiveness of Training and Development on the Performance of Organisations - A Case of FBC Bank Limited

  • Ileen SAVO
    • The Journal of Industrial Distribution & Business
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    • v.15 no.8
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    • pp.13-20
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    • 2024
  • Purpose: The purpose of this study is to analyse the effectiveness of training and development on the performance of employees in Zimbabwe's banks using FBC Bank as a case study. Research design, data and methodology: The study adopted a mixed research method to collect and analyse data from ten key informants and fifty FBC Bank employees drawn from its branches in Harare. The data collection method used were survey and interviews. Results: The study revealed that effective training and development is significant to FBC Bank because it has a positive effect on the performance of employees, which consequently result in improved organisational performance. Conclusion: The study concluded that knowledge on how to conduct effective training and development programs in FBC Bank is not optimum. Recommendations: The study recommended that management should acknowledge that training and development is a systematic process and therefore conduct training needs analysis, design training plans, implement training programs effectively and evaluate them in order to ensure well-coordinated and effective training and development programs. It also suggested that adequate budget allocation should be availed to finance the implementation of training and development programs in organisations.

On the Performance of Interference Excision Scheme using Multiple Adaptive Filter Banks in Spread Spectrum Communication Systems (대역확산 통신시스템에서 다중 적응 필터 뱅크를 이용한 간섭신호 제거 시스템 성능 분석)

  • 박재오;이정재
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.4 no.3
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    • pp.653-660
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    • 2000
  • In this paper, an adaptive interference excision scheme with multiple adaptive filter bank using an adaptive algorithm is proposed. This scheme suppresses interference in the wavelet packet transform domain for the direct spread spectrum communication systems. Using the Monte-Carlo simulation, we analyze the performance of the direct spread spectrum communication systems with this excision scheme using LMS and RLS adaptive algorithms in AWGN and interference channel.

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Opposition Based Differential Evolution Algorithm for Capacitor Placement on Radial Distribution System

  • Muthukumar, R.;Thanushkodi, K.
    • Journal of Electrical Engineering and Technology
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    • v.9 no.1
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    • pp.45-51
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    • 2014
  • Distribution system is a critical link between customer and utility. The control of power loss is the main factor which decides the performance of the distribution system. There are two methods such as (i) distribution system reconfiguration and (ii) inclusion of capacitor banks, used for controlling the real power loss. Considering the improvement in voltage profile with the power loss reduction, later method produces better performance than former method. This paper presents an advanced evolutionary algorithm for capacitor inclusion for loss reduction. The conventional sensitivity analysis is used to find the optimal location for the capacitors. In order to achieve a better approximation for the current candidate solution, Opposition based Differential Evolution (ODE) is introduced. The effectiveness of the proposed technique is validated through 10, 33, 34 and85-bus radial distribution systems.