• Title/Summary/Keyword: Company size

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A Meta Analysis on Decision Factors of a Foreign Market Entry Strategy - International Company Cooperation vs. Wholly-Owned Subsidiary - (다국적기업의 해외시장진입유형 결정요소에 관한 메타분석 - 국제기업협력 vs 100% 투자 -)

  • Cho, Sung-Hyun;Choi, Sun
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.485-515
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    • 2009
  • In this study aims to research and analyze what are decision factors between a wholly-owned subsidiary and a international company cooperation in the internationalization process. From 57 primary studies found 26 observed variables for aggregation of effect size in the using "Fixed Effect Model" on this mata-analysis. The article also links the theories that are used in the literature, not considered in the most of primary studies, to the empirical results and recommends global management strategy which is needed for business practical affairs. According to the result, the meta-analysis suggests that the number of employees of a MNC, the geological and cultural differneces between the host country and home country, the country-specific international experience of the MNC and export intensity, the international product diversification, the market growth and the market size of the foreign operations, and resource intensity of the foreign operations, the legal restrictions in the host country and the country risk of the home country do exert a significant effect on the decision between cooperative arrangement and a wholly-owned subsidiary. Conversely, for a large number of variables, no significant relationship seems to exist based on the combined results. This is the case, for example, for factor specificity, the r&d-intensity, the subsidiary size, the assets of the MNC and the sales volume of the MNC.

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Corporate Governance and Financial Stability of Islamic Banks in Asia

  • HARIBOWO, Ismawati;PUTRI, Zuwesty Eka;YULIANTI, Yulianti
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.353-361
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    • 2021
  • An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country. The Islamic financial system faces a number of challenges as part of its role as a tool for developing economic activities. This study intends to advance research by Lassoued (2018) by expanding the research population to include Islamic banks in Asia and adding new dimensions - the size of the independent commissioner and corporate governance. The population of this study is the 100 largest Islamic banks in Asia. Statistical calculations with the STATA application is used for data analysis. Based on the test results, it was found that the size of the sharia board and the independent board of directors did not affect the financial stability of Islamic banking companies. Another finding is that the size of the independent commissioner affects financial stability. This finding shows that commissioners have played an active role in the company, indicating that if the sharia banking company has an ideal number of independent commissioners, it will be advantageous to the company's stability and business sustainability.

Determinants of Human Resource Accounting Disclosures: Empirical Evidence from Vietnamese Listed Companies

  • PHAM, Duc Hieu;CHU, Thi Huyen;NGUYEN, Thi Minh Giang;NGUYEN, Thi Hong Lam;NGUYEN, Thi Nhinh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.129-137
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    • 2021
  • This paper aims to analyze whether company characteristics are potential determinants of human resource accounting (HRA) disclosure practices by Vietnamese listed companies. It examines the human resource disclosure level of 204 companies by content analysis of these companies' annual reports. The study has relied on a multiple linear regression to test the association between a number of corporate attributes and the extent of human resource disclosure in companies' annual reports. The extent of human resource disclosure was measured using unweighted human resource disclosure index. The explanatory variables considered in this study were firm size, firm age, profitability, leverage, industry profile, and auditor type. The results revealed that the most influential variable for explaining firms' variation in human resource disclosure is firm size followed by firm age and profitability. Thus, it can be concluded that firm size, firm age and profitability are major predictors that may affect the variety of HRA disclosure practices on firms listed in the Vietnam Stock Exchange. However, neither industry profile nor auditor type seems to explain differences in human resource disclosure practices between Vietnamese listed firms, indicating that company's industry profile and auditor type are not a matter for the company to disclose HRA information.

Technology for the Detection of Corrosion Defects in Buried Pipes of Nuclear Power Plants with 3D FEM (3D 유한요소법을 이용한 원전 매설배관 부식결함 탐상기술 개발)

  • Kim, Jae-Won;Lim, Bu-Taek;Park, Heung-Bae;Chang, Hyun-Young
    • Corrosion Science and Technology
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    • v.17 no.6
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    • pp.292-300
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    • 2018
  • The modeling of 3D finite elements based on CAD data has been used to detect sites of corrosion defects in buried pipes. The results generated sophisticated profiles of electrolytic potential and vectors of current distributions on the earth surface. To identify the location of defects in buried pipes, the current distribution on the earth surface was projected to a plane of incidence that was identical to the pipe locations. The locations of minimum electrolytic potential value were found. The results show adequate match between the locations of real and expected defects based on modeling. In addition, the defect size can be calculated by integrating the current density curve. The results show that the defect sizes were $0.74m^2$ and $0.69m^2$, respectively. This technology may represent a breakthrough in the detection of indirect damage in various cases involving multiple defects in size and shape, complex/cross pipe systems, multiple anodes and stray current.

Factors Influencing Corporate Donations Among Shariah-Compliant Companies in Malaysia

  • SHAARI, Nur Diyana Izzati Mohamed;ALI, Mazurina Mohd;HASNAN, Suhaily;AHMAD, Nassr Saleh Mohamad
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.145-156
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    • 2023
  • Within the context of publicly traded Sharia-compliant companies in Malaysia, this study investigated the influence that board and company characteristics have on corporate donations. The primary focus of the study was (i) two board characteristics derived from upper echelons theory, namely gender composition and education level, and (ii) four firm variables derived from stakeholder theory, specifically company size, profitability, leverage, and industry category. This study used a total of 402 Shariah-compliant companies that operated in accordance with Shariah law. The information utilized in this study was culled by hand from the annual reports of various companies covering the years 2017 through 2019. According to the findings, the educational level of a company's board of directors has a significant impact on the amount of money donated to charitable organizations by Shariah-compliant companies. The level of expertise possessed by board members can be of assistance to businesses in becoming more aware of the necessity of making contributions or donations. Corporate contribution practices among Shariah-compliant companies in Malaysia were also significantly influenced by the firm's size, profitability, and the industry category in which the business was classified. The findings of the study contribute to a better understanding of the impact that board and company variables have on the activities of corporate donors.

Accident Reduction Effectiveness of Safety Management Programs for a Commercial Transport Company (운수업체의 안전관리를 통한 교통사고 감소 효과분석 (천사 2020 프로젝트를 중심으로))

  • Jeong, Sang-Ho;O, Yeong-Tae
    • Journal of Korean Society of Transportation
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    • v.29 no.4
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    • pp.53-62
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    • 2011
  • This study discusses the effectiveness of safety management programs resulted from examining crash data collected during the period of implementation of the programs by a commercial transport company. For the analysis, two tye of comparison approaches are adopted: 1) a study comparing before-after of the implementation of a safety program, and 2) a study comparing a traffic accident index for various target groups. Technically, the effect of the safety management program is derived by eliminating both the 'regression to the mean' and the changing trend in the traffic accident index. The results show that safety management programs are effective to prevent traffic accidents, whereas company type appears irrelevant. The results also show that the effectiveness is significantly different depending on the intensity of safety management program and company size. In addition, a reciprocal effect is very likely to existamong the combination of these variables. This indicates that in order to improve the accident reduction effectiveness of such programs, the development and application of safety management programs based on both safety management strength and company size are required.

The Study of an Analysis on Patent Management Affecting the Company Performance: Korean Metal Industry (특허경영이 경영성과에 미치는 영향에 관한 연구: 국내 금속기업 중심으로)

  • Kil, Sang-Cheol;Kang, Sung-Min
    • Journal of Korea Technology Innovation Society
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    • v.11 no.2
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    • pp.171-193
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    • 2008
  • Every country of the world in the 21st century is going to push forward the policy protecting their intellectual property right, and international movement to protect their intellectual right is still more strengthened. Under these situations, the firm is required to seek for more efficient methods of technology security and business management while the existence of business itself is at risk. The control of intellectual properties in business should be considered in the patent management. In the company, the industrial property right should be into one of the management resource, and its importance has great influence on the existence of the company. The information in patent data can be used for strategic planning purposes. This study systematically evaluates the patenting behaviour of sample of 27 business firms within the Korean metal industry. Utilizing the patent application data between 2000 and 2005, the relationship between these patenting management and company performance is analysed. This study showed that patent activity per employee and labor productivity are positive relationship, but patent activity per employee and firm size are negative relationship. Since a positive relationship between patenting and company performance could be shown, patent activity gains important as a instrument for R&D planning.

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A Case Study on Lead Time Improvement Using a Simulation Approach (시뮬레이션 방식을 이용한 리드 타임 개선 사례 연구)

  • Ro, Wonju;Sim, Jaehun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.2
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    • pp.140-152
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    • 2021
  • During the shift from gasoline vehicles to electric ones, auto parts manufacturing companies have realized the importance of improvement in the manufacturing process that does not require any layout changes nor extra investments, while maintaining their current production rate. Due to these reasons, for the auto part manufacturing company, I-company, this study has developed the simulation model of the PUSH system to conduct a process analysis in terms of production rate, WIP level, and logistics work's utilization rate. In addition, this study compares the PUSH system with other three manufacturing systems -KANBAN, DBR, and CONWIP- to compare the performance of these production systems, while satisfying the company's target production rate. With respect to lead-time, the simulation results show that the improvement of 77.90% for the KANBAN system, 40.39% for the CONWIP system, and 69.81% for the DBR system compared to the PUSH system. In addition, with respect to WIP level, the experimental results demonstrate that the improvement of 77.91% for the KANBAN system, 40.41% for the CONWIP system, and 69.82% for the DBR system compared to the PUSH system. Since the KANBAN system has the largest impacts on the reduction of the lead-time and WIP level compared to other production systems, this study recommends the KANBAN system as the proper manufacturing system of the target company. This study also shows that the proper size of moving units is four and the priority allocation of bottleneck process methods improves the target company's WIP and lead-time. Based on the results of this study, the adoption of the KANBAN system will significantly improve the production process of the target company in terms of lead-time and WIP level.

Morphology and Physical Properties of ABS/NBR Blends: The Effect of AN Content in NBR

  • Lee, Kwan-Hee;Ahn, Sang-Jun;Kim, Byung-Kyu;Jeong, Han-Mo
    • Macromolecular Research
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    • v.9 no.1
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    • pp.30-36
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    • 2001
  • Polybutadiene latex grafted (g-PB) in g-PB/SAN blends, i.e., acrylonitrile-butadiene-styrene terpolymer (ABS) were partially replaced by acrylonitrile-butadiene copolymer (NBR) with various acrylonitrile (AN) contents. Changes in morphology, physical and rheological properties were examined. The dispersed size of NBR was decreased as the miscibility with matrix SAM, was increased by increasing AN content in NBR upto 50 wt%. Impact strength was enhanced about two-fold due to the NBR dispersed with a slight larger size than the original g-PB. Gloss was effectively reduced as the particle size of NBR was increased. Tensile yield strength was decreased, and elongation at break or yield behavior at low shear rate were increased as g-PB was partially replaced by NBR having AN content less that 40 wt%.

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Determination of the Fleet Size for Container-Road Transportation with Dynamic Demand (동적 수송 요구를 고려한 컨테이너 운송 차량 대수 결정)

  • 양천석;고창성;정기호;신재영
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.139-142
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    • 2001
  • This study suggests an approach for determining fleet size for container road transportation with dynamic demand in Korea. With the forecasted monthly container transportation data a year, a heuristic algorithm is developed to determine the number of company-owned trucks, mandated trucks, and rented trucks in order to minimize the expected annual operating cost, which is based on the solution technologies used in the aggregate production planning and the pickup-and-delivery problem. Finally the algorithm is tested for the problem how the trucking company determines the fleet size for transporting containers.

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