• 제목/요약/키워드: Business Risk

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전과정평가에 있어 확률론적 건강영향분석기법 적용 -Part II : 화학제품의 환경부하 전과정평가에 있어 건강영향분석 모의사례연구 (Application of Probabilistic Health Risk Analysis in Life Cycle Assessment -Part I : Life Cycle Assessment for Environmental Load of Chemical Products using Probabilistic Health Risk Analysis : A Case Study)

  • 박재성;최광수
    • 환경영향평가
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    • 제9권3호
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    • pp.203-214
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    • 2000
  • Health risk assessment is applied to streamlining LCA(Life Cycle Assessment) using Monte carlo simulation for probabilistic/stochastic exposure and risk distribution analysis caused by data variability and uncertainty. A case study was carried out to find benefits of this application. BTC(Benzene, Trichloroethylene, Carbon tetrachloride mixture alias) personal exposure cases were assumed as production worker(in workplace), manager(in office) and business man(outdoor). These cases were different from occupational retention time and exposure concentration for BTC consumption pattern. The result of cancer risk in these 3 scenario cases were estimated as $1.72E-4{\pm}1.2E+0$(production worker; case A), $9.62E-5{\pm}1.44E-5$(manger; case B), $6.90E-5{\pm}1.16E+0$(business man; case C), respectively. Portions of over acceptable risk 1.00E-4(assumed standard) were 99.85%, 38.89% and 0.61%, respectively. Estimated BTC risk was log-normal pattern, but some of distributions did not have any formal patterns. Except first impact factor(BTC emission quantity), sensitivity analysis showed that main effective factor was retention time in their occupational exposure sites. This case study is a good example to cover that LCA with probabilistic risk analysis tool can supply various significant information such as statistical distribution including personal/environmental exposure level, daily time activity pattern and individual susceptibility. Further research is needed for investigating real data of these input variables and personal exposure concentration and application of this study methodology.

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스마트폰 애플리케이션 불법복제에 대한 소비자의 도덕적 판단과 불법복제의도 -전북지역 대학생을 중심으로 한 사례분석 (Moral Judgment and Intention to Make Illegal Copies of Smart Phone Applications)

  • 유소이;손영화
    • 한국지역사회생활과학회지
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    • 제22권4호
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    • pp.655-668
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    • 2011
  • Although consumer ethical behavior related with illegal copies of digital software has been considered to be an important issue, not many studies have attempted to examine the issue. Firstly, this study attemped to explain the moral judgment and intention to make illegal copies of smart phone applications for college students. Secondly, psychological factors such as moral intensity and perceived risk related to making illegal copies were tested to be significantly different in individual characteristics such as experience of ethical education and past experience of making illegal copies of software, sex, age and household income. Thirdly, the effect of related factors such as psychological factors and individual characteristics was estimated to significantly influence moral judgment and intention to make illegal copies. Two step method(using LIMDEP program) was applied to estimate the model as a structural equation model. According to the results of this study, magnitude of consequences, financial risk and performance risk were found to be significantly different in income groups(less than middle class vs more than middle class). Prosecution risk was found to be significantly different in gender groups(female vs male). In addition, social consensus, financial risk, performance risk and prosecution risk were found to be significantly different in ethical education groups(experience vs no experience). Furthermore, moral judgment for making illegal copies of smart phone applications was found to be significantly influenced by income, ethical education, magnitude of consequences, temporal immediacy and social consensus. And intention to make illegal copies of smart phone applications was found to be significantly influenced by moral judgment, age, financial risk, performance risk and prosecution risk.

The Influence of Physical Environment on Buying-Risk Perception: Customers at Franchise Korean-Restaurant

  • Yoon, Tae-Hwan;Choi, Young-Jun
    • 한국조리학회지
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    • 제22권1호
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    • pp.153-164
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    • 2016
  • The purpose of this article was to examine the influence of physical environment on customer's buying-risk perception at franchise Korean restaurants. In this research factor analysis and multi regression analysis were used. Physical environment were divided to 3 factors and risk perception to 5 factors. Internal environment affected negatively financial risk (p<0.001), time risk (p<0.001) and psychological risk (p<0.001). External environment had negative influence on time risk (p<0.05) and psychological risk (p<0.05). And the other environment negatively affected financial risk (p<0.001), time risk (p<0.001) and psychological risk (p<0.05). According to these results, we confirmed that various physical environments influenced on the risk perception of customers. As a result, food service corporations need to deal with physical environment efficiently. And the findings of this research would help their business management to build effective service marketing strategies and to satisfy the needs of customers at franchise Korean restaurants.

Determinants of Dividend Payout: Evidence from listed Oil and Gas Companies of Pakistan

  • Tahir, Muhammad;Mushtaq, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • 제3권4호
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    • pp.25-37
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    • 2016
  • This study aims to investigate the determinants of dividend payout of Oil and Gas industry of Pakistan using secondary data from published annual reports from 2008 to 2014 listed on KSE (Karachi Stock Exchange). Dividend payout can be affected by profitability, firm size, financial leverage, sales growth, investment opportunities, liquidity, business risk, and ownership structure. Panel data technique used due to panel characteristics of available data with ordinary least square regression model to find out the impact of set of explanatory variables on the dividend payout using the Stata. Financial leverage, sales growth and business risks are the most significant variables of the study where financial leverage and business risk have significant negative effect on dividend payout while sales growth has favorable positive impact on dividend payout. Results revealed significant positive link of profitability and firm size with dividend payout whereas government ownership is negatively associated with dividend payout. Investment opportunities, liquidity and managerial ownership showed insignificant relationship with dividend payout. This Suggests that dividend payout policy is dependent on business strategies including both investment and financing decisions. Financial managers should consider these factors while formulating dividend policy of the firm.

Factors Affecting Corporate Investment Decision: Evidence from Vietnamese Economic Groups

  • PHAN, Duong Thuy;NGUYEN, Ha Thi
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.177-184
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    • 2020
  • This paper analyzes factors affecting corporate investment decisions in economic groups listed on the Vietnam stock market. The panel data of the research sample includes 39 economic groups listed on the Vietnam stock market from 2009 to 2019. The Generalized Least Square (GLS) is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, the investment rate is a dependent variable. Cash-flow (CF), Investment opportunities (ROA), Fixed capital intensity (FCI), Leverage (LEV), Sales growth (GR), Size (SZ), Business risk (RISK) are independent variables in the study. The model results show that cash flow and sales growth have the same impact on investment decisions of economic groups in Vietnam. In addition, investment opportunities have a negative impact on the capital investment decisions of economic groups. The remaining factors include fixed capital intensity, leverage, firm size, and business risks that have a weak and insignificant impact on capital investment decisions of economic groups in Vietnam. The findings of this article are useful for business administrators, and helping business managers make the right financial decisions. Besides, the research results are also meaningful to money management agencies. The authors recommend that the State Bank of Vietnam should maintain a sustainable monetary policy.

Entrepreneurial Orientation Affecting the Performance of Women-Owned SMEs: Evidence from Vietnam

  • NGUYEN, Thi Loan
    • The Journal of Asian Finance, Economics and Business
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    • 제10권1호
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    • pp.223-232
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    • 2023
  • This study desires to examine the impact of five dimensions of entrepreneurial (EO) orientation (innovation, competitive aggressiveness, proactiveness, risk-taking, autonomy) on the operation of women-owned SMEs; the author conducted a case study in Vietnam. How will each dimension of EO affect women-owned SMEs' performance? This study aims to seek the answer to these questions. A survey research design and a theoretical framework have been developed for all factors in the current context. A simple random sampling technique was applied in 300 SMEs in some provinces of Vietnam through a survey questionnaire, and a total of 258 valid responses were assessed as appropriate. The obtained data was analyzed by using SPSS 20.0. Cronbach's α test and factor analysis have been carried out to test the reliability of data and validate the hypothesis. Research results show that innovation, competitive aggressiveness, proactiveness, and autonomy positively affect business performance, while risk-taking negatively affects business performance. The results suggest that female business owners should know how to improve each dimension of the entrepreneurial in line with its context. Research results are important implications for Government administrative agencies for businesses to consult and introduce effective support policies. It is recommended that similar studies be replicated to confirm this result.

외식 프랜차이저의 사업성, 커뮤니케이션, 모럴해저드가 프랜차이지의 위험지각과 재계약의도에 미치는 영향 (The Study on the Influence of Selection Characteristics of Franchise System, business possibility, Communication, Moral Hazard on Franchisee's Perceived Risk, and Recontracting Intention in the Food Service Franchise Industry)

  • 우종필;이인호
    • 한국유통학회지:유통연구
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    • 제16권1호
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    • pp.1-27
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    • 2011
  • 본 연구는 프랜차이즈 본사의 선택속성으로서 사전지원, 사후지원, 지각된 사업성과, 가맹본부와 가맹점의 커뮤니케이션, 가맹본부의 모럴해저드 등 외생변수가 매개변수인 가맹점의 만족과 위험지각에 미치는 영향을 분석하고, 이들 매개 변수가 다시 신뢰와 결과변수인 재계약의도에 미치는 영향관계를 분석하였다. 기존의 연구들과 차별점으로, 가맹본부의 가맹점에 대한 지원을 개점 전 지원인 사전지원으로, 개점 후 지원인 사후지원으로 구분하였고, 가맹점이 실제 사업운영 과정에서 느끼는 가장 중요한 지각된 사업성, 그리고 가맹본부와 가맹점의 쌍방향성의 커뮤니케이션 정도, 또 가맹본부의 모럴해저드를 연구모델에 설정하여 가맹점 만족, 위험지각, 신뢰, 재계약의도 등의 관계를 프랜차이즈 시스템의 실질적 관점에서 조사한 점이라고 할 수 있다. 연구결과 (1)가맹본부의 사전지원, 사후지원, 지각된 사업성, 커뮤니케이션, 모럴해저드는 가맹점 만족에 영향을 미쳤고, (2)지각된 사업성, 커뮤니케이션, 모럴해저드는 위험지각에도 유의한 영향을 미쳤으며, (3)만족과 위험지각, 신뢰 모두 재계약의도에 유의한 영향을 미친 것으로 나타났다. 또한 이러한 결과를 바탕으로 본 연구는 향후 프랜차이즈 산업발전에 발전적인 시사점을 제시하였다.

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국내 CM기업의 리스크 인자별 관리 업무 프로세스 분석을 통한 표준업무체계 개발 (Development of Standard Systems through Analysis of Business Process the Risk Factors for the Korean Construction Management Firms)

  • 박경모;김창덕
    • 한국건설관리학회논문집
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    • 제16권6호
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    • pp.73-83
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    • 2015
  • 건설산업의 변화에 따라 대부분의 국내 CM기업들은 공정 원가 품질 안전관리를 중점관리 대상으로 선정하여 관리하고 있으며 리스크 관리를 위한 전담조직 설치 및 임직원 교육, 시스템개발에 대한 투자는 미흡한 실정이다. 이처럼 국내 CM기업들이 리스크 관리 분야에 대한 투자가 부족한 이유는 체계적인 방법론이나 논리에 의해서 리스크를 분석하기 보다는 직관과 경험에 근거하여 판단하는 것이 더 쉽고, 체계적인 리스크 관리를 위한 표준업무체계 개발에 대한 중요성을 인식하지 못하기 때문이다. 따라서 본 연구는 CM기업 본사에서 현장 운영관리 시 발생되는 리스크 인자 도출 및 업무 프로세스를 분석하여 문제점을 분석하고, 리스크 인자별 효율적인 관리를 위한 표준업무체계를 제시하였다. 또한 전문가들의 면담을 통해 효율성을 검증하여 향후 리스크 인자별 표준 대응 절차서 활용과 리스크 관리 시스템 개발을 위한 기초 자료로 활용될 수 있을 것으로 기대한다.