• Title/Summary/Keyword: Business period

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The Evolution of Research on Quality: Papers Published in Journal of the Korean Society for Quality Management (2007-2011) (품질연구의 발전 : 2007-2011년 품질경영학회지 게재 논문을 중심으로)

  • Lee, Don-Hee;Kim, Youn-Sung;Lee, Dong-Won;Cho, Jung-Rae
    • Journal of Korean Society for Quality Management
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    • v.40 no.2
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    • pp.94-105
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    • 2012
  • The purpose of this study is to identify and classify main research streams and trends on papers published in Journal of the Korean Society for Quality Management (JOKSFQM) during a five year period, from 2007 to 2011. 228 papers published during the period were collected for the study and analyzed to classify dimensions of research in terms of research themes, methods, and industries, etc. The results of the study showed that the 28 of 36 themes, which are presented by the Korean Society for Quality Management (KSFQM), are related to quality issues and new six themes are studied. The total of 34 themes is classified into seven research categories based on previous studies as follows: 32 % of process areas, 30.3% of leadership, 7.5% of customer and market focus, 5.6% of organizational performance, 6.6% of strategic planning, 1.3% of workforce, and 15.8% of other areas. The results indicate that quality related research need to reflect new demands of rapidly changing business market environment, such as innovation, ethic, and/or social responsibility, etc.

The Effect of Industrial Agglomeration on Economic Growth in East Java, Indonesia

  • HARDJOKO, Arief Tri;SANTOSO, Dwi Budi;SUMAN, Agus;SAKTI, Rachmad Kresna
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.10
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    • pp.249-257
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    • 2021
  • Industrial agglomeration policy is a strategy that is expected to accelerate economic growth to transform an impoverished region into a prosperous one. However, industrial agglomeration also has the potential to exacerbate development inequality due to the concentration of economic development activities in certain areas. Therefore, this study aims to investigate what strategies are best to minimize the adverse effects of industrial agglomeration. This study uses econometric analysis with panel data covering 38 districts/cities in East Java during the 2011-2019 period. The results showed that the combination of industrial agglomeration policies coupled with accelerated sectoral growth, hard infrastructure development, and soft infrastructure provided the best policy outcome, improving regional inequality and accelerating economic growth in East Java. Based on the analysis, we find that East Java's economic growth characteristics are convergent but relatively long. Therefore, the East Java economic development policy during 2010-2019 should be reviewed due to the relatively long convergence period. Furthermore, this study also found that industrial agglomeration slows down the convergence and economic growth of East Java. In the future, the deployment of Industrial Development Centers (PPI) outside the existing eight districts/cities is needed to accelerate the spread of economic activity in East Java.

The Relationship between Foreign Capital Inflows and Economic Growth: Empirical Evidence from Vietnam

  • NGUYEN, Cung Huu;PHAM, Thi Truc Quynh;TRAN, Thi Hoa;NGUYEN, Thi Hoa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.325-332
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    • 2021
  • Foreign capital inflows play an essential role in each country's socio-economic growth, particularly for undeveloped and developing countries where capital accumulation is limited in the early stages of development, and Vietnam is no exception. The purpose of this article is to examine the impact of foreign capital inflows on economic growth in Vietnam. The empirical method employed secondary time-series data set during the period 1995-2018 to determine the impact of FDI, foreign aid, foreign loans, and exports on economic growth in Vietnam by using a linear approach. For this study, data was collected from the World Bank and relevant agencies in Vietnam. The results show that FDI (net inflows), foreign aid, foreign loans, exports, and GDP (current), have a positive effect at a 1% significance level on economic growth. Rather, an increase in FDI (net inflows), foreign aid, foreign loans, exports has beneficial effects on the Vietnamese economy in the study period. Based on the findings of this study, the article proposes several important policy implications for Vietnam in maintaining a high rate of economic growth via the contribution of FDI inflows, foreign aid, foreign loans, and exports.

The Effect of Sharia Destination Image on Developing Post-Visit Behavior: A Case Study in Indonesia

  • MARLIZAR, Marlizar;LUBIS, Abdul Rahman;UTAMI, Sorayanti;CHAN, Syafruddin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.959-969
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    • 2021
  • This study aims to develop new constructs and indicators for sharia destination image, and then examine its effects on perceived value, tourist satisfaction, and post-visit behaviour. Furthermore, it analyses the mediating role of perceived value and tourist satisfaction on relationship between sharia destination image and post-visit behaviour. The population were domestic and Malaysian Muslim tourists who visited Aceh during the study period. The sampling was carried out in two stages. The first stage involved selecting most visited districts. The second stage involved randomly selecting tourists who visit during the study period in the districts. Data was collected using a structured questionnaire with a Likert scale. Also, a total of 270 questionnaires were distributed to domestic and Malaysian tourists in Aceh. Cluster sampling was used to determine the sample area, and purposive sampling technique was used to determine the study sample. Furthermore, the data analysis technique is Structural Equation Modelling. The results showed that the sharia destination image has a significant effect on perceived value. Meanwhile, the perceived value significantly influenced tourist satisfaction and post-visit behaviour. In addition, the perceived value and tourist satisfaction can mediate the effects of sharia destination image, which has no direct effect on post-visit behaviour.

A Study on Management of Business Transaction in Regional Local Government (광역지방자치단체 단위과제 운영에 관한 연구)

  • Chung, Sang-Hee
    • The Korean Journal of Archival Studies
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    • no.49
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    • pp.327-359
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    • 2016
  • The purpose of this study is to examine and analysis the problems in managing 'Business Transaction(Danwi-gwaje)' of regional local government, and propose implications. The study points out the problems emerged in the operation process of Business Transaction including creating of Business Transaction and Business Transaction Profile, setting retention period and filing records, and gives concrete example of them. It concludes with presenting improvements and considerations in managing Business Transaction for systematic and efficient records management.

The Factors Influencing the Duration of Business by Operation Period of the Merchant : focused on Historical and Cultural Street of Jongno-gu (상인의 운영기간별 영업지속기간 영향요인 분석 : 종로구 역사문화거리를 중심으로)

  • Moon, Hae-Ju;Lee, Myeong-Hun
    • The Journal of the Korea Contents Association
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    • v.17 no.3
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    • pp.61-73
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    • 2017
  • A huge rent rise has forced the number of merchants out of their workplace. it has required to review the duration of business, considering recognition about social, economic, cultural characteristic of merchant. this research has indicated influence factors about the duration of business, divided into less than 5 years and more than 5 years on the basis of operation period focused on historical and cultural street of Jongno-gu. The research results, new merchants(less than 5 years) has emerged in order of important factors : monthly sales, monthly rent, franchise, store premium, media public relations. Existing merchants(more than 5 years) has emerged in order of important factors : monthly rent, monthly sales, merchant community, store premium, floating population. Therefore, this research proposes the following implications. Firstly, new measures must be needed to protect merchants and legal regulations about sharp monthly rent. Secondly, when entering the franchises, local government must review business standards with reference to the type and scale.

A Study on Factors for Sustaining Period and Willingness of Continuing of Self-employed Business (자영업의 지속기간과 지속의사의 영향요인에 관한 연구)

  • Hong Sung-Hee;Yoo Ka-Hyo;Kang Seyoung
    • Journal of Family Resource Management and Policy Review
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    • v.9 no.1
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    • pp.41-58
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    • 2005
  • The purpose of this study was to analyze the effect of the influencing factors on the continuity and the willingness of continuing self-employment. The sample of 321 was selected from self-employed workers living in Daegu. For data analysis, t-test, multiple regression, and logistic analysis were used. The major findings were as follows : 1. The sustaining period of self-employment were affected by gender, age, and educational attainment of self-employed workers, as well as the amount of starting capital, couple's partnership in business or not, and the type of industry in business. 2. Willingness to continue self-employment is more likely for those who without other income source, have positive vision with future economic prospects, have more satisfied with their self-employed work.

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Is the Fama French Three-Factor Model Relevant? Evidence from Islamic Unit Trust Funds

  • Shaharuddin, Shahrin Saaid;Lau, Wee-Yeap;Ahmad, Rubi
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.21-34
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    • 2018
  • The study tests the Fama and French three-factor model by using the newly created Islamic equity style indices. Based on a dataset from May 2006 to April 2011, the three-factor model is tested based on returns of Islamic unit trust funds using the Generalized Method of Moments (GMM) methodology. The sample period is also divided between periods before and after the Global Financial Crisis in August 2008 to test for robustness, and the Bai and Perron (2003) multiple structural break test was used to determine the structural break in the series. The analysis shows that the Fama and French model is valid for Islamic unit trust funds before and after the collapse of Lehman Brothers. The result further indicates the reversal of size effect. As for trading strategies, value funds outperform growth funds by annualized 3.13 percent for the full period. During pre-crisis period, value funds perform better than growth funds while in post-crisis, size factor yields better return than other strategies. As policy suggestion, fund managers need to be aware of the reversal of size effect, and they need to ensure a more transparent stock selection process so that investors can make an informed decision in their asset allocation.

Determinants of Socio-Ecological Responsibility Disclosures in Indonesia

  • ANDAJANI, Andajani;AGUSTIA, Dian
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.183-194
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    • 2021
  • This study aimed to examine the effect of corporate characteristics, including the industrial sector and scale of operation, financial leverage, profitability, operating period, and social reputation, on socio-ecological responsibility based on Global Reporting Initiative (GRI) standards. The study was conducted in the Indonesian context. A total of 90 public companies listed on the Indonesia Stock Exchange were selected as samples, with an observation period of 10 years. A univariate regression analysis was applied to test the hypotheses. The results showed that the industrial sector, scale of operation, financial leverage, profitability, operating period, and social reputation of the corporate had a positive effect on socio-ecological responsibility. This study also obtained evidence that there were differences in the level of socio-ecological responsibility among the industrial sectors. The higher the relationship between the industrial sector and the possibility of the emergence of social and environmental issues, the higher the level of corporate socio-ecological responsibility. From a policy perspective, the implication of the results of this study was that it could be used as a consideration by the authorities or regulators in Indonesia, particularly the Financial Services Authority (OJK), in determining specific indicators of socio-ecological responsibility that must be carried out by corporates.

The Role of Corporate Social Responsibility on the Relationship between Financial Performance and Company Value

  • UTAMI, Elok Sri;HASAN, Muhamad
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1249-1256
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    • 2021
  • This study investigates the company value determinant by observing the effect of financial performance and Corporate Social Responsibility (CSR) and its role in moderating performance achievement. The macro-economy variables such as inflation and interest rate are also used as the controlling variable. This research employs the sample of manufacturing companies of the food and beverage sub-sector listed on the Indonesia Stock Exchange. This study used panel data from 2013 to 2017, with the moderating regression analysis. The result shows that the profitability of the current or previous period affects the company's value. CSR and company size affect the company value at the next period shows that stock price, which reflects the investor's perception today, will be affected by the CSR, Size, and Return On Asset of the previous year. CSR also shows that it can be the substitute for profitability since a company that performs CSR is the one that has a good performance. The regression moderating model and the profitability of the previous period have a higher explanatory power than the higher R square value in explaining company value.