• Title/Summary/Keyword: Business Stability

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An Empirical Study on Appraisal Indices' Discrimination Significance for Technology Financing: Focusing on KOTEC's Business Feasibility Appraisal Indices (기술금융 평가지표의 판별유의성에 관한 실증연구 : 기술보증기금의 기술사업성 평가지표를 중심으로)

  • Lee, Yong Hoon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.5
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    • pp.37-50
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    • 2020
  • This study aims to investigate meaningful relationship between technology appraisal indices and SMEs' financial performances for their continuous growth. The empirical data for this study were based on the technology appraisal results of Korea Technology Finance Corporation(KOTEC) and the financial data of the following 2 years 0f 3,688 SMEs. The meaningful differences between SMEs with superb financial performances and the others, by using t-test analysis, statistically were verified in 25 indices(75.8%) out of total 33 indices. All of five independent variables, namely CEO's capability, technology manpower, R&D intensiveness, market competitiveness and investment feasibility, were verified to have a positive effect on business feasibility respectively and business feasibility also has a positive influence on financial performance, such as sales growth, labor productivity and financial stability.

Basel III Effects on Bank Stability: Empirical Evidence from Emerging Countries

  • ASGHAR, Muhammad;RASHID, Abdul;ABBAS, Zaheer
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.347-354
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    • 2022
  • This article examines the influence of Basel III reforms, risk management, and banking sector efficiency on banks' financial stability in emerging countries. The data for this study is collected from various sources. Based on the GDP classification of IMF, the top 22 countries were selected as the sample. The sampling frame includes all six regions of the world including 482 banks and 3022 observations in total. The empirical analysis is carried out by estimating the random effects models. It is found that the effects of capital buffer, liquidity, and risk management practices are significant on financial stability. It is also noticed that the capital buffer has a constructive and significant influence on financial stability. However, liquidity management shows a mixed impact, as in some countries, its impact is positive and significant while, in other countries, it is insignificant. Risk management practices have an overall positive influence on financial stability in the case of large economies. However, results are insignificant in the case of small economies. Bank-specific variables, namely profitability, size, and efficiency have a positive whereas, loan quality has a negative impact on financial stability in the emerging countries. GDP has a positive impact on financial stability whereas inflation and unemployment both have a negative effect on financial stability.

Gender Diversity and Financial Stability: Evidence from Malaysian Listed Firms

  • AL-ABSY, Mujeeb Saif Mohsen;ALMAAMARI, Qais;ALKADASH, Tamer;HABTOOR, Ammar
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.181-193
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    • 2020
  • This study examines the relationship between gender diversity (women on the board and women on the audit committee) and a firm's financial stability. The ordinary least square analysis was used to determine the relationship. To measure the financial stability of Malaysian suspect firms, i.e., firms with the lowest positive earnings, the Altman (1993) Z-Score measurement was utilized. The results indicate that women on the board are significantly and negatively associated with the firm's financial stability. That is, they are related to low financial stability, which contradicts the agency and resource dependence theories. Regarding women directors on the audit committee, there is no significant relationship with financial stability, meaning that they cannot protect the company against financial distress. These results are robust and do not change when using different measurements of gender diversity, one-year lag of independent variables, and other methods of analysis, namely random effect panel data. This study is the first to alert policymakers, stakeholders, researchers, and society in general to the need to re-evaluate and strengthen the role of women directors in improving firms' financial stability, particularly in emerging economies like Malaysia.

A Study on the Manufacture of Optical Filters for PDP Panel in Conductive Types (PDP 패널용 전도막 광학 필터 제조에 관한 연구)

  • Kim, Tae-Hoon;Kang, Bong-Gu;Lee, Tae-Hoon;Son, Se-Mo
    • Journal of the Korean Graphic Arts Communication Society
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    • v.26 no.2
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    • pp.31-43
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    • 2008
  • The functional dyes, which has various optical characteristics that can be applicable to field of electronic, photo electronic, such as sensor or electrode, were synthesized. Physical property and optical stability was studied with preparation of conductive type film as a kind of optical filter of plasma display panel, by adapting neon cut off dye, which can selectively absorbing between 580 and 610nm wavelength. The filter was prepared with PSA resin, which has functional group of - COOH and - OH, as binder. And the characters such as spectroscopy, heat-proof / wet-proof, thermal stability and commerciality, which must be held by functional dyes, were examined. Conductive type film is the kind of film includes only neon cut off dyes. For the neon cut off dyes, cyanine dyes can be applied. And it is observed that spectrum of before and after the durability test are not changed due to stability of dyes, as the result of coating on the mesh film with PSA binder.

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Effects on the Stability of Aerobic Granular Sludge (AGS) at Different Carbon/Nitrogen Ratio (C/N비 변화가 호기성 그래뉼 슬러지의 안정성에 미치는 영향)

  • Kim, Hyun-Gu;Ahn, Dae-Hee
    • Journal of Environmental Science International
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    • v.28 no.9
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    • pp.719-727
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    • 2019
  • In this study, the effect on the stability of Aerobic Granular Sludge (AGS) with different Carbon/Nitrogen (C/N) ratios was investigated. The C/N ratios were controlled to 10.0, 7.5, 5.0, and 2.5 using the sequencing batch reactor, and the results showed that the removal efficiency of organic matter and total nitrogen decreased simultaneously with the decrease of C/N ratio. The removal efficiency of organic matter and total nitrogen at C/N ratio of 2.5 was 70.7% and 52.3% respectively. In addition, the AGS/mixed liquor suspended solids (MLSS) ratio showed a tendency to decrease from 85.7% to 73.7%, while the sludge volume index showed a tendency to increase from 82 mL/g to 102 mL/g as the C/N ratio decreased. At the same time, the apparent deviation of polysaccharide (PS) content in extracellular polymeric substances was observed, and polysaccharides/protein (PS/PN) ratio decreased from 0.62 to 0.31 as the C/N ratio decreased. Optical microscope observations showed that the reduction in C/N ratio caused the growth of filamentous bacteria and significantly affected the stability of AGS.

Students' Online Fashion Studio Class Experience and Factors Affecting Their Class Satisfaction

  • Lee, Jungmin;Lee, MiYoung
    • Journal of Fashion Business
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    • v.24 no.6
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    • pp.135-147
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    • 2020
  • This study explored students' online fashion studio class experiences, and investigated the factors affecting their class satisfaction. An online survey of college students who were enrolled in online studio classes within apparel and fashion-related departments during the spring of 2020 was conducted in June 2020. Responses from a total of 213 participants were included in the final data. Respondents rated lecture clips as the most useful, followed by teacher demonstration and feedback, PowerPoint (PPT) supplements, and Q&As. Frequently mentioned areas of improvement were online platform stability and video quality. Many respondents also stated that more streamlined teacher-student communication channels, immediate and meticulous teacher feedback, the adoption of course contents developed specifically for an online environment, and provisions for equipment usage would be desirable. Student satisfaction of an online fashion design studio class was significantly affected by teaching presence, social presence, online learning system stability, perceived usefulness of teacher's demonstration, and affective response toward COVID-19. Students satisfaction of an online garment construction studio class was significantly affected by teaching and social presence, online learning system stability, and perceived usefulness of teacher's demonstration. Based on these findings, we recommend developing teaching contents and methods that allow students to feel included in class and establish an online system with various functions to enhance the sense of social connection that can enable two-way communication.

The Theses on the Methodological Aspects of Financial Analysis of Corporation in the conditions of inflation

  • Elena Nikolaevna VYBOROVA
    • East Asian Journal of Business Economics (EAJBE)
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    • v.11 no.4
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    • pp.19-28
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    • 2023
  • Purpose - research the main methods of financial analysis of corporation in the condition of inflationary processes: the analysis of financial sustainability, liquidity, profitability and etc. Research design, Data, and methodology - the main methodical aspects of financial analysis of operations in the conditions of inflation, their efficiency are presented in the theses. Also the main financial indicators are generalized and systematized with the factor of inflation. The general scheme of adjusting the analysis of financial stability for the factor of inflation is presented. Result - The specifics of adjusting the company's assets and liabilities for the factor of inflation during the analysis of prospective financial stability are details revealed in the article. The features of a comprehensive prospective assessment of liquidity and the financial stability are determined. Conclusion - The account of factor of inflations in the financial operations enable reduce the losses, to identify the price of price strategy on the market, to analyze the problematic situations and develop scenarios for the development of the organization's activities in these conditions. The article the limitations and recommendations for adjusting for the factor of inflation are presented, including the necessary to clearly define the levels of their detail, since the study may be overloaded with calculations.

A NONSTANDARD FINITE DIFFERENCE METHOD APPLIED TO A MATHEMATICAL CHOLERA MODEL

  • Liao, Shu;Yang, Weiming
    • Bulletin of the Korean Mathematical Society
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    • v.54 no.6
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    • pp.1893-1912
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    • 2017
  • In this paper, we aim to construct a nonstandard finite difference (NSFD) scheme to solve numerically a mathematical model for cholera epidemic dynamics. We first show that if the basic reproduction number is less than unity, the disease-free equilibrium (DFE) is locally asymptotically stable. Moreover, we mainly establish the global stability analysis of the DFE and endemic equilibrium by using suitable Lyapunov functionals regardless of the time step size. Finally, numerical simulations with different time step sizes and initial conditions are carried out and comparisons are made with other well-known methods to illustrate the main theoretical results.

Comparative Analysis of Financial Performance in University Hospital (대학병원의 재무성과 비교 분석)

  • Yang, Jong-Hyun
    • The Korean Journal of Health Service Management
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    • v.14 no.2
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    • pp.15-27
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    • 2020
  • Objectives: The purpose of this study is to compare analysis of financial performance in university hospitals. Methods: Data from 2005 to 2017 were collected from income statement, balance sheet, and annual reports in 23 university hospitals. The dependent variables are used financial performance, namely, medical profit to total assets, medical profit to medical revenue, and net profit to medical revenue. The independent variables are establishment type, hospital province, bed, open liquidity, stability, and activity. Results: From 2005 to 2007, university hospitals steadily increased medical revenues, nonmedical revenues, medical profit, net profit, and reserve fund for essential business by investing fixed assets using financial leverage. From 2015 to 2017, the debt ratio was minimized based on existing management performance. Results showed that university hospitals maintained high profitability by actively investing in medical equipment, medical environment, and facilities using reserve fund for essential business. Conclusions: Results suggest that this will be the basic data for efficient management of university hospitals.

Active Matrix OLED Displays with High Stability and Luminous Efficiency by New Doping Method

  • Shibata, Kenichi;Hamada, Yuji;Kanno, Hiroshi;Takahashi, Hisakazu;Mameno, Kazunobu
    • 한국정보디스플레이학회:학술대회논문집
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    • 2003.07a
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    • pp.4-6
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    • 2003
  • We have developed the active matrix OLED displays with a high efficiency red emission material which uses an emitting assist (EA) dopant system. The EA dopant (rubrene) did not itself emit but assisted the energy transfer from the host ($Alq_s$) to the red emitting dopant(DCM2). A stable red emission (chromaticity coordinates: x=0.64, y=0.36) was obtained in this cell within the luminance range of 100 - 4000 $cd/m^2$ By using EA dopant system, we can realize the reduction of the power consumption of the OLED display..

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