• Title/Summary/Keyword: Companies' Factors

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Factors Affecting Capital Structure of Listed Construction Companies on Hanoi Stock Exchange

  • NGUYEN, Nguyet Minh;TRAN, Kien Trung
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.689-698
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    • 2020
  • The aim of this article is to determine the influence of factors on the capital structure of construction companies listed on the Hanoi Stock Exchange. The data of the article were collected and calculated from the financial statements of 54 construction companies listed on Hanoi Stock Exchange from 2012 to 2019. With the application of E-view software in quantitative analysis to build panel data regression model (panel data), the article has built a regression model to determine the relationship of intrinsic factors affecting the capital structure of construction companies listed on Hanoi Stock Exchange. In the study, dependent variable is capital structure, determined by the debt-to-equity ratio. Profitability, coefficient of solvency, size, loan interest rate, structure of tangible assets, and growth are independent variables. The results showed that the two factors of growth and firm size positively affect the capital structure, the profitability factor has the opposite effect on capital structure. Factors of short-term debt solvency, average loan interest rate and tangible asset structure have no correlation with capital structure. The findings of this article are useful for business administrators, helping business managers make the right financial decisions to make capital structure decisions in their own conditions.

Empirical Research on the Death of Foreign-invested Companies (외국인 투자기업의 사멸에 관한 실증연구)

  • Seong, Kil-Yong
    • The Journal of the Korea Contents Association
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    • v.22 no.6
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    • pp.692-700
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    • 2022
  • This study was conducted to analyze firms' death rate and impact factors on the death of Foreign-invested Companies in Korea which is between 20013 and 2017. Cox Proportional Hazard Model took to conduct on the death impact factors, such as 2 characteristics factors of the firm, and 4 financial characteristics variables, variables, and 4 profitability factors. As a result of the impact factors of Foreign-invested Companies' death the Labour(NE) variables of characteristics firm had negative effects. And the Debt(LB), Operating Profit (OP), and Sales Profit (SP) of the financial characteristics had a negative effect. Other factors did not produce significant results. As a result of an empirically comparative analysis of the mortality rate of foreign-invested companies by the Kaplan-Meier method, it was analyzed that fully owned companies and large enterprises had lower extinction risk and greater sustainable management potential than joint ventures or SMEs.

Critical Success Factors for Malaysian SMEs and Large Companies in Commercializing Universities' R&D Outputs

  • Tam, Kok Chian;Chong, Aik Lee;Yee, Angelina Seow Voon;Tham, Joel Kah Marn
    • Asian Journal of Innovation and Policy
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    • v.8 no.3
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    • pp.362-377
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    • 2019
  • Commercializing universities' R&D outputs is a major management challenge and there are limited studies to describe this phenomenon from the perspective of companies' management. Experiences of six small and medium size and four large companies' management's respondents are gathered through semi-structured face-toface interviews. Twelve critical success factors revealed by the respondents, namely R&D product and market readiness, good partnership with university, researcher's motivationand commitment, availability of resources, government support and motivation, control and ownership of intellectual property rights, university's management support, entrepreneurial culture in the university, an open communication and trusting relationship, researchers' skills, a risk taking attitude, and existence of performance measures as important to commercialize the universities' R&D outputs in Malaysia. The different views from the management of small and medium size, and large companies are also discussed in this study.

Factors Affecting the Participation of Korean Companies in e-Marketplaces (국내기업의 e-마켓플레이스 참여에 영향을 미치는 요인)

  • Suh, Chang-Kyo;Ryoo, Jung-Hyung;Lee, Young-Sook
    • Asia pacific journal of information systems
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    • v.11 no.2
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    • pp.57-78
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    • 2001
  • This study examines which factors are urging Korean companies to participate in e-marketplaces. By adding interorganizational factors, we extended an innovation-theory-based research model that is often applied to study the information technology adoption. 71 questionnaires from 720 Korean manufacturing companies were collected. Independent variables of the research were environmental, organizational, innovation, and interorganizational characteristics. We found that the environmental characteristics, innovation characteristics, and interorganizational characteristics have insignificant effect on the participation of domestic companies in e-marketplaces whereas the organizational characteristics have significant relationship with the participation in e-marketplaces. The result implies that many Korean companies take wait-and-see strategy in the forming stage of e-marketplaces, However, IT infrastructure and the support of top management for IT play very important role in adopting e-marketplaces.

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A Study on the Cooperation of Large & Small-Medium Companies in Establishment of Supply Chain Management : Focused on the Corporate Social Responsibility (SCM 구축을 통한 대,중소기업 상생협력에 관한 연구 : 기업의 사회적 책임 관점에서)

  • Kim, Kuk;Jung, Yong-Ha
    • IE interfaces
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    • v.20 no.2
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    • pp.142-153
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    • 2007
  • This paper represents understanding about social responsibility of companies and a survey analysis for factors affecting in outcomes of win-win cooperation between Large Companies and Small-Medium Companies in establishing of supply chain management. For this study, seventeen questionnaires derived from past literature are surveyed and factor analysis are conducted. As the result, five factors are revealed and four factors among them affect effectively on the win-win cooperation.

A Study On Balance Factors for the Sustainable Growth of Technology-Based Companies: Focusing on the Case of Daedeok Cluster Successful and Unsuccessful Companies (기술기반기업의 지속적 성장을 위한 균형요인 연구: 대덕클러스터 성공실패 사례 중심으로)

  • Kyeongsik Yoo;Heungsik Kang;Jaeman Yoon;Taekeun Kim
    • Industry Promotion Research
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    • v.9 no.3
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    • pp.87-100
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    • 2024
  • This study approached the factors affecting companies's sustainable growth by overcoming the valley of death after starting a business from the perspective of technology, market, location, cluster, and INC model, and conducted a case study on success and failure companies in Daedeok Cluster to explore the adequacy and suitability of the main factors of previous studies. The results of this study suggest that location accessibility-based collaboration between innovators is important for the growth of companies in the cluster, and balanced growth such as innovative ideas, market needs, and capability to meet needs is necessary for companies' products and services to create innovative value in the market. This study is worth in that it presents factors for sustainable corporate growth through the analyses of success and failure cases for companies in the Daedeok Cluster. In addition, the research is successful in that it proposed a policy support plan based on collaboration among companies to foster companies in the cluster.

A Study on the Mediating Role of the Customer Information Management Process in the CRM (CRM에서 고객정보관리 활동의 매개적 역할에 관한 연구)

  • Lee, Sang-Kon;Yoon, Yeo-Joong
    • Journal of Information Technology Applications and Management
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    • v.14 no.1
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    • pp.161-178
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    • 2007
  • Nowadays, Customer Relationship Management (CRM) has been a competitive edge of many companies. It is critical for companies to get and maintain profitable customers. For the purpose of sustaining this competitive edge, companies should manage the Customer Information (CI) more effectively The major goais of this research are 1) to identify the activities of the Customer Information Management (CIM) and the factors influencing on the CIM, 2) to show the relationship between the proficiency of the CIM and the CI Quality, and 3) to verify the mediating effects of the proficiency of the CIM Process between the influencing factors and the CI Quality. An empirical study was undertaken to test the hypotheses with data from 65 companies. Multiple regression analysis and ANOVA were employed to test the hypotheses. We found that 1) there are 6 activities in the CIM process and 5 factors affecting the CIM, 2) the proficiency of the CIM process is closely related to the CI Quality, and 3) the proficiency of the CIM process plays the mediator between the influencing factors and the CI Quality.

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A Study on The Risk Factors to Strengthen the Competitiveness in the Overseas Development Projects - Focused on New Town development of Developing Country - (해외 개발사업의 경쟁력향상을 위한 단계별 리스크 요인분석 - 개발도상국 신도시 개발사업을 중심으로 -)

  • Choi, Sung-Lack;Kim, Jung-Hyun;Jang, Se-Jun;Paek, Joon-Hong
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.3
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    • pp.59-67
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    • 2008
  • Recently, domestic construction companies have been moving towards overseas markets due to decreasing orders and an increase in competitiveness within the domestic market. However, there is a higher risk involved in the overseas construction Industry than in the domestic construction industry. Especially, because domestic construction companies lack development's experience, such a companies have a weakness of hidden risk factors. For Overseas New Town development project's success of domestic construction companies, preferentially, It Is necessary to deduce and analysis of risk factors in real estate development phases. This study would possibly be able to provide the preliminary data for Overseas New Town development projects in the future.

Extraction of Profitability Decline Factors of Small-sized Architectural Design Firm (소규모 설계엔지니어링 업체의 수익성 저하 요인 추출)

  • Yang, Jin-Kook;Choi, Hye-Ji;Lee, Min-Hyeon;Jo, Hyeon-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.115-116
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    • 2015
  • Recently, most of the construction companies is being degraded due to the overall construction recession profitability. Among them, order quantity of the architectural and engineering firms are trend to decrease except for large companies over a certain size. In particular, small companies are facing more difficulties. This study was conducted expert interview method to extract the main cause of profitability degradation of a small-sized design engineering companies. And, we are proposes a critical influence factors through survey about extracted factors. The results of this study are expect to help the competitiveness of architectural design firm.

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Comparative Study on the Critical Success Factors of Information Systems of Small-and-Medium-sized Companies : Electronic Industry versus Textile Industry (중소기업 정보화의 성공요인에 관한 전자업종과 섬유업종의 비교 연구)

  • 김병곤
    • The Journal of Information Systems
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    • v.11 no.1
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    • pp.151-173
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    • 2002
  • The purpose of the current study is to identify the critical success factors of information systems in small-and-medium-sized firms in general, and also to investigate any differences of those critical success factors between two different industries: the electronic and textile industries. To accomplish this purpose, we collected and analyzed 115 and 108 questionnaires from the electronic and textile industries respectively. From the results of statistical analysis, critical success factors of small-and-medium-sized companies in general were obtained, and critical success factors from two industries were compared and the differences were able to be identified. The results of the analysis of the questionnaires are as follows: 1) The organizational characteristics of the electronic industry showed some differences from those of the textile industry; 2) Small-and-medium-sized companies in the electronic industry appeared to have some differences from companies in the textile industry in terms of critical success factors of information systems. Such factors as education and training, quality level of software, capability of users, business processes, standardization of data management, level of organization, user involvement, support of top management were significantly different between two industries.

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