• Title/Summary/Keyword: Company Size

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Dividend Policy and Companies' Financial Performance

  • KANAKRIYAH, Raed
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.531-541
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    • 2020
  • This study aims to determine the nature of the association between dividend policy and a corporation's financial performance in emerging countries, as well as the main variables that may have an effect on financial performance. The study included 92 industrial and service sector companies listed on the Amman Stock Exchange (ASE) during the period from 2015 to 2019. The study used Panel Data Analysis and cross-sectional time-series data and simple and multiple linear regression models. A multiple regression model was also developed in order to test whether guess factors may have a possible impact on financial performance (such as Dividend Yield, Dividend Pay-out Ratio, Firm Size, Leverage Ratio, Current Ratio). The data was collected from the annual reports and information that was available on the ASE website covering the period from 2015 to 2019. The results detect a strong relation between DY, DPR, and FSIZE variables that explain firm performance. Also leverage ratio is negatively and significantly associated with ROA and AOE. Moreover, no relations were detected between current ratio and financial performance. The study's conclusion is that dividend policy explains a lot of a company's financial performance, meaning that the dividend policy has a statistically significant impact on company financial performance.

A Study on the Effect of CRM Considerations Affecting Customer Interaction Performance through the Moderating Effect of CRM Information System Capability (CRM 도입에 관한 적정성 확보 정도가 CRM 정보기술역량을 매개로 고객 상호작용 성과에 미치는 영향)

  • Lee, Jung Min;Song, Sang Ho;Jeo, Hea June
    • Journal of Information Technology Applications and Management
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    • v.20 no.2
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    • pp.15-37
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    • 2013
  • In this study, the validity of CRM introductory is defined as a driving force for the introduction of technology and concepts such as competence factors of CRM. Effect on the ability to verify the information technology CRM using this concept, we examined the effect of force CRM information technology has on the outcome from the point of view of the customer interaction. And we have tested the moderate effect for size of the company and the industry shape to the relationship between the adequacy and implementation of CRM. As a result, technical adequacy and competence of CRM implementation CRM, has a significant causal relationship to CRM information technology capability. Competence of CRM implementation has a causal relationship with care for the outcome of the interaction of the customer, shows the validity of the introduction of CRM companies are seeking Modulatory effect was verified using the company's size and industry classification, was significant only for the classification of industries. This result shows that must find ways to introduce the CRM industry depending on the form of different.

Determinants of Contingent Employment in Korean Department Stores (국내 대형소매유통업체에서의 비정규직 고용의 결정요인에 관한 연구)

  • Won In-Sung
    • Management & Information Systems Review
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    • v.7
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    • pp.265-292
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    • 2001
  • This paper examines what determines the use of contingent workers in Korean Department Stores. Drawing on internal labor market, transaction cost & agency, and bureaucracy theories, I hypothesize that four factors affect the use of contingent workers: job characteristics, HRM, occupation, and organizational characteristics. Data from a sample of employers surveyed by the author in 1997 were used to test the hypotheses, and analyses showed the following results. First, consistent with job-based perspective, we find that such job characteristics as firm-specific skill and the level of skill significantly affect the use of contingent workers. But job standardization and outcome measurability have no effects of its use. Second, also we find significant effects on the use of contingent workers of such HRM as scrutiny on employee selection and promotion system. The promotion system has expected effect on its use, but scrutiny on employee selection has opposite effect. Third, we find that occupation significantly affects the use of contingent workers, especially the extent of use of contingent workers of sales service is as five hundred times as that of managerial occupation. Fourth, also consistent with organizational-based perspective, we find that the firm's size significantly has positive effects, and affiliate company and labor union have negative effects. That is, the larger firm's size is, the more possibility of use of contingent workers exists, and the possibilities of its use reduce in case of affiliate company and in front of labor union. Finally, we discuss the implications and limits of theses findings.

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Simulation of Beta Rays from Tritium with Cathode Rays (음극선을 이용한 삼중수소 베타선 모사)

  • Kim, KwangSin;Lee, Sook-Kyung;Son, Soon-Hwan;Lim, Hoon;Lee, Dong-Hwan
    • Journal of Radiation Industry
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    • v.2 no.3
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    • pp.141-148
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    • 2008
  • Beta rays emitted from tritium in titanium tritide film were simulated with cathode rays of a scanning electron microscope to investigate the effect of beta rays from tritium on semiconductor devices. The cathode ray currents, which vary with the change of applied energy and beam spot size, were measured with Faraday cup. The current from the semiconductor device irradiated with cathode rays at various conditions was measured. The cathode ray current increased with the increase of spot size to a maximum then decreased when the spot sized increased further. The magnitude of current produced in the semiconductor device is proportional to the magnitude of cathode ray current. The magnitude of cathode ray current at each energy level was matched to the intensity of beta ray to simulate the tritium beta ray spectrum. Then the semiconductor characteristics were analyzed with I-V curves.

Effect of Carbon Equivalent and Cooling Rate on Microstructure in A516 Steels for Pressure Vessel (압력용기용 A516 강의 미세조직에 미치는 탄소 당량과 냉각 속도의 영향)

  • Lee, Hyun Wook;Kang, Ui Gu;Kim, Min Soo;Shin, Sang Yong
    • Korean Journal of Materials Research
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    • v.29 no.8
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    • pp.511-518
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    • 2019
  • In this study, the effect of carbon equivalent and cooling rate on microstructure and hardness of A516 steels for pressure vessel is investigated. Six kinds of specimens are fabricated by varying carbon equivalent and cooling rate, and their microstructures and hardness levels are analyzed. Specimens with low carbon equivalent consist of ferrite and pearlite. As the cooling rate increases, the size of pearlite decreases slightly. The specimens with high carbon equivalent and rapid cooling rates of 10 and $20^{\circ}C/s$ consist of not only ferrite and pearlite but also bainite structure, such as granular bainite, acicular ferrite, and bainite ferrite. As the cooling rate increases, the volume fractions of bainite structure increase and the effective grain size decreases. The effective grain sizes of granular bainite, acicular ferrite, and bainitic ferrite are ~20, ~5, and ${\sim}10{{\mu}m$, respectively. In the specimens with bainite structure, the volume fractions of acicular ferrite and bainitic ferrite, with small effective grains, increase as cooling rate increases, and so the hardness increases significantly.

A study on Visual Expression to express Sound Characteristics of Public Places

  • Park, Dong-Cheol
    • International Journal of Internet, Broadcasting and Communication
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    • v.13 no.4
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    • pp.11-21
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    • 2021
  • The causes of noise generation according to the classification of indoor spaces are very diverse. Individual happiness is infringed by this noise. In this paper, We tried to visualize the spatial sound characteristics of public places using sound color to express them so that anyone can sympathize. The noise inside a conference room of a medical device company was measured for 100 minutes, and the frequency band was divided into three different types of existing sound pressure expression units. Because the size of the noise is expressed differently depending on the situation, There are cases where there is a difference of opinion between the measurer and the researcher. This noise measurement experiment was conducted, and the sound color was applied to classify it on a log scale considering auditory characteristics. As a result of comparing this with the result expression for different loudness expression units, A specific table in different units yielded almost similar results. In addition, the sound source section for 100 minutes was divided into three analysis sections, the analysis sections were different, and the size of the energy ratio for each analysis section was divided in the form of an envelope. The characteristics of the low-frequency region of the space have a high energy ratio, and the decrease in the energy ratio according to the increase in frequency is constant and regular. You can see that conversations are possible.

The Relationship between Firm-Specific Characteristics and Board of Directors' Diligence in Saudi Arabia

  • ALJAAIDI, Khaled Salmen;BAGAIS, Omer Ali;ADOW, Anass Hamad Elneel
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.733-739
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    • 2021
  • This study investigates the relationships of energy firm-level characteristics, namely; firm size, firm leverage, and firm performance with board diligence among companies listed in Saudi Stock Exchange (Tadawul) for the periods ranging from 2012 to 2019. The final sample of this study consists of 32 firm-year observations. A quantitative approach was adopted to test 3 specific hypotheses developed for the board diligence model. Using the Pooled OLS regression, this study finds that firm size and firm performance are negatively associated with board diligence. The results of this study indicate an insignificant association of firm leverage with board diligence. Besides, firm performance is related negatively to board diligence. This indicates that the board of companies with poor performance increases the number of its meetings because of the increased pressure on the board to improve its oversight operations and address the severe performance challenges. The increased number of board meetings observe the daily management of the company, increase the chances for discussions concerning the performance challenges, and come up with solutions faster. The directors are also likely to encounter heightened pressure to appear more engaged during a company's financial distress since lenders require a meeting of the board or with the board.

Factors Influencing Business Efficiency of Steel Firms: Evidence from Vietnam

  • NGUYEN, Nguyet Minh;TRAN, Kien Trung
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.295-304
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    • 2021
  • This study aims to identify and analyze the impact of internal factors on business efficiency of steel firms in Vietnam. The article uses data collected from the financial statements of 26 steel firms operating in Vietnam between 2012 and 2019. With the application of E-view software in quantitative analysis to build regression models on the table data (panel data), and the study has built a regression model identifying the relationship and impact level of internal factors affecting business efficiency of steel firms in Vietnam. In the study, the dependent variable is business efficiency, determined by the profit after tax on the firm's assets. The independent variables are firm size, growth rate, capital structure, ratio of long-term assets, receivables management, and solvency. The research results show that the four factors of firm size, growth rate of assets, receivables management, and solvency have a positive impact on business efficiency, while two factors including capital structure and ratio of long-term assets do not affect business efficiency of enterprises. The results of this article are very useful for corporate executives in general and for financial managers in particular, helping managers make the right financial decisions for the company to promote business efficiency of the company.

IMPROVING GLOBAL SUPPLY CHAIN RISK IDENTIFICATION USING RCF

  • MYUNGHYUN, JUNG;SEYEON, LEE;MINJUNG, GIM;HYUNGJO, KIM;JAEHO, LEE
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.26 no.4
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    • pp.280-295
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    • 2022
  • This paper contains an introduction to industrial problems, solutions, and results conducted with the Korea Association of Machinery Industry. The client company commissioned the problem of upgrading the method of identifying global supply risky items. Accordingly, the factors affecting the supply and demand of imported items in the global supply chain were identified and the method of selecting risky items was studied and delivered. Through research and discussions with the client companies, it is confirmed that the most suitable factors for identifying global supply risky items are 'import size', 'import dependence', and 'trend abnormality'. The meaning of each indicator is introduced, and risky items are selected using export/import data until October 2022. Through this paper, it is expected that countries and companies will be able to identify global supply risky items in advance and prepare for risks in the new normal situation: the economic situation caused by infectious diseases such as the COVID-19 pandemic; and the export/import regulation due to geopolitical problems. The client company will include in his report, the method presented in this paper and the risky items selected by the method.

A Study on Association between Reasons of Reducing Corporate Logistics Costs and Company Classification

  • JEONG, Dong Bin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.3
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    • pp.51-61
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    • 2022
  • Purpose - The purpose of this study is to establish the government's logistics policy by calculating the logistics cost of the company and grasping the management status, to reduce the logistics cost of the related companies and to provide basic statistical data necessary for the management strategy. This work examines some associations between reasons for reducing corporate logistics costs (RCLC) and corporate classification such as industry and sales size. Research design, data, and methodology - The survey was conducted in 2018 for 2,000 companies based on the business of mining, manufacturing and wholesale and retail industries since 2010. The survey population is 94,976, of which 92,708 are small and medium enterprises and 2,268 are large corporations. The association among factors may be statistically and visually explored by using chi-squared test and correspondence analysis. Result - This study reveals the association between reasons for RCLC and corporate classification and properties and closeness that exist between the categories of each factor can be mined. Conclusion - As a task to reduce logistics costs of industrial products, expansion and operation of joint logistics business, establishment of cooperative logistics network, and establishment of ordinance on support for smart distribution logistics can be proposed.