• The Journal of Asian Finance, Economics and Business
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• v.10 no.2
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• pp.163-174
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• 2023

This study aims to investigate the effect of the composition of the board and ownership structure on a firm's value in Jordanian firms. Specifically, it aims to determine the effect of board size, (CEO) duality, and family, foreign, institutional, and government ownership on a firm's value. An ordinary least square regression (OLS) was employed to examine the study hypotheses in a sample of 35 Jordanian industrial firms (175 firm-year observation) for a period of five years from 2016-2020. As measured by Tobin's Q (Q ratio) and market-to-book (MB ratio) for Jordanian industrial firms listed on Amman Stock Exchange (ASE). The result found that foreign ownership, institutional ownership, and family ownership have a significant and positive effect on firm value. By contrast, government ownership does not have a significant effect on firm value. With respect to board composition (CEO duality and board size), the study results found no evidence to support the effect of board composition on firm value. The study recommended the concerned authorities with several recommendations, most notably: taking the necessary measures to ensure the continuity and growth of family businesses because of their positive impact on the value of the company and economic growth, spreading awareness about how governance protects the interests of investors.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.317-328
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• 2020

The board of directors play an important role in corporate climate strategy-making and decisions but might also compromise environmental policies to minimize agency cost. This study critically investigates the relationship between the attributes of the board of directors and the degree of sustainability performance for the energy sector as discussed in the literature. Our study cumulates existing knowledge offering important characteristics for a balanced board structure to increase the board's effectiveness in adopting sustainable initiatives that could reduce the adverse impact of an energy corporation's operation on the environment. Crucial attributes of the board of directors deemed to be positively associated with the commitment to reduce carbon footprint in the environment have been identified. Based on our extensive analysis of the literature we propose a conceptual framework that measures the influence of the board of directors' attributes on corporate environmental and social sustainability performance. The proposed framework will be useful as an initial step for top management and regulators to gain a better understanding of the balanced board structure required to achieve the social and environmental sustainability performance of corporations. Further, this paper contributes to a body of knowledge about how the board of directors could play a crucial role in monitoring social and environmental threats.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.627-637
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• 2021

This research extends the literature on the effect of board characteristics and ownership structure on audit fees; these factors affect the firm's agency costs and how the auditor assesses various risks, hence the audit efforts and fees. The paper introduces political connections as a determinant of audit fees for the first time in Jordan, where the political connection is prevalent and affects decision making on the Jordanian boards. The sample consists of 109 manufacturing and service firms listed on the Amman Stock Exchange (ASE) over the years 2012-2019. Data is obtained from the ASE and the company's annual reports. Board characteristics are measured by board size, independence, leadership duality, meetings frequency, political connections, and audit committee. Ownership structure was measured by concentration, foreign ownership, and Institutional ownership. The study hypotheses were tested by using Generalized Least Squares regression. The Findings showed that larger boards, politically connected firms, and firms with leadership duality are more likely to pay higher fees. Besides, Firms with greater foreign ownership pay less fees, whereas the rest of the variables are insignificant. Results suggest that political connections play a major role in determining audit fees; this provides a recommendation to policymakers in Jordan to reconsider regulations regarding political connections.

• Proceedings of the Korean Institute of Industrial Safety Conference
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• 2003.05a
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• pp.508-513
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• 2003

The objective of this paper is to investigate the lining board's capacity by using the static loading test and fatigue test. Specimens that constitute the H & Channel type lining board are adopted. The test is to inspect the possibility of retrofit and efficiency, which is required to upgrade the structure's capacity and to examine the effects of the improvements of specimen by using structural analysis, stress analysis, static loading test and fatigue test, respectively. The accumulated test results of stress condition and deflection by bending will be used to analyze the relation between the cause of fatigue crack occurrence and the behavior of both structure system and the steel.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.2
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• pp.554-560
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• 2013

This study proposes an structure that fixes the shielding device to two parts of the board by its two arranged clips. Said structure evenly distributes its loading/unloading load of the board and maintains the flatness of soldering area of the board. The structure of this study comprises a base part fixed to a printed circuit board and a clip part fixing a side wall of a shield can to the board, wherein the clip part is constituted with two clips fixable to two part of the shield can. Also, the structure of this study comprises a dented groove in order to easily solder the base part of clips and the printed circuit board. A mechanism is established and a design parameter was determined by a structure analysis and a vibration mode analysis. A single purpose machine for the production of the product was developed, the final workpiece was produced and the measuring-data and the computered-data was compared and reviewed.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.5 no.3 s.11
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• pp.24-28
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• 2006

This paper proposed design and implementation of automation system that recognize device module boards automatically that are connected on main control board. The system of this paper is divided to main board and device module boards, and the main board is designed a board by slot structure. The slot structure is possible a extension for upgrade and addition of board ability. Besides, it is easier a establishment and disjointing because it recognizes automatically a device board. The proposed system in this paper compares with K10S1 PLC. The result shows an advantage of extensibility and ability, and it is reduced expense and period for development.

• Journal of Advanced Navigation Technology
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• v.23 no.5
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• pp.460-465
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• 2019

In this study, we aim to derive a solution from the structural analysis for electrical failure of single board computers for computing navigation information. By analyzing the characteristic factor, we identify that crack occur on the central processing unit board due to a certain structural problem, and that the physical effect by the crack make communication function be impossible to perform, which it causes booting error. In order to find the location of excessive stress causing the crack, structural analysis for the single board computer is done. From the structural analysis, the areas where stress concentration occurs are identified, and improvement methods changing the structures are developed. As a result, we shows that stresses are reduced entirely on the stress distribution for the improved structure. In addition, heat analysis shows that changing the structure to reduce stresses is not affect to the heat radiation, and the thermal resistance of the actual equipment is verified by measuring the temperature of the heat sink applied with the improved structure.

• Bulletin of the Korean Space Science Society
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• 2004.10b
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• pp.293-295
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• 2004

The Engineering Model of on-board computer was developed and tested completely with other sub-systems for STSAT-2. We designed the on-board computer of STSAT-2 which has some improved features compared with that of STSAT-l. A remarkable change is that the on-board computer has a structure of centeralized network communication without a Network Controller of the STSAT-l. That is, the on-board computer directly manages a satellite network. In addition, as many logics are implemented by Field Programmable Gate Array, so we can reduce the weight and size of on-board computer. Also, the developed on-board computer has more improved tolerance against Single Event Upsets and faults than that of the STSAT-l.

• Steel and Composite Structures
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• v.9 no.1
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• pp.1-17
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• 2009

This paper is focused on the buckling and post buckling behaviour of rectangular corrugated board panels simply supported and subjected to compression load. The aim of the work is to understand the failure mechanism of investigated structure in order to quantify the effect of design parameters on the strength of a panel of given geometry. Two numerical models were developed adopting the finite element method. In the first one the corrugated board is represented by means of shell elements adopting an equivalent material, in the second the local structure is described in full detail modelling both straight and corrugated layers by means of shell elements and representing the connection between layers by special interface elements. The model correctness was checked by the comparison between out of plane central displacement predicted by the models and the experimental values found in literature. For the same case the effect of panel planarity error was evaluated. Finally a parametric analysis to investigate the effect of design parameters was carried out.

• Proceedings of the KIPE Conference
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• 1999.07a
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• pp.577-580
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• 1999

High power density on-board power supply is implemented by using flat transformer. In the high frequency switching converters, large leakage inductance increases the switching stress and duty cycle loss, which sometimes limits maximum switching frequency. The flat transformer is designed by using special core structure, which has very low profile and low temperature rise since the thermal loading is spread evenly over a larger area. 100W, 3.3V output on board supply is built and tested and 50.7W/$\textrm{inch}^{3}$ power density is achieved.