• Title/Summary/Keyword: Consequence management

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An Inclusive Evaluation of Linkage Between Environmental Managerial Accounting and Knowledge Management: Empirical Evidence from Vietnam

  • HUYNH, Quang Linh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.135-144
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    • 2022
  • The relationship between applying knowledge management and accepting environmentally managed accounting is more complicated than previous studies suggested. Knowledge management is both an antecedent and a consequence of implementing environmentally managed accounting in the workplace. Nonetheless, none of the prior studies have systematically investigated this relationship. The current article attempted to scrutinize the reciprocated multifaceted tie between environmental managerial accounting and knowledge management by utilizing the methods of directed graph searches as well as directed acyclic graphs. The research data was gathered from 342 publicly-listed corporations in Vietnam's key stock markets. The empirical findings disclose that implementing knowledge management can lead to adopting environmental managerial accounting in business, which is, in turn, an antecedent of accepting knowledge management. More importantly, the current research found that the adoption of knowledge management is the first factor to affect the research model. Nonetheless, the usage of knowledge management in business can, in turn, have a positive effect back to the implementing extent of environmental managerial accounting. The findings are beneficial to scientists and particularly to executives by shedding new insight into this reciprocated bond, which can lead executives to make sound decisions regarding knowledge management and environmental managerial accounting for businesses to acquire competitive advantages.

A Study on the EPS Process of Quantitative Risk Assessment for the Safety Decision Making (EPS 공정의 정량적 위험성 평가를 통한 안전의사결정에 관한 연구)

  • 정재희;김형석;최광석;이영순
    • Journal of the Korean Society of Safety
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    • v.14 no.2
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    • pp.62-69
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    • 1999
  • The quantitative risk assessment and consequence analysis by accident scenario in the process of EPS(Expendable Poly Stylene) reaction process are conducted. And the decision making process is studied followed by selecting various alternatives to safety management and facility improvement. The result are as follows; 1) The object of decision making through comprehensive risk assessment are the scenario which can cause four major accident, which are made by process analysis, work analysis and hazard identification. 2) Frequency analysis of ETA, FTA, HRA and consequence analysis of accident to each have been conducted. The each frequency values are yielded $9.2{\times}10_{-5}/yr$ to scenarios $1, 8.2{\times}10^{-4}/yr$ to scenario 2, $4.5{\times}10^{-6}/yr$ scenario 3 and $1.8{\times}10^{-7}/yr$ to scenario 4. The each scenarios have been conducted consequence analysis. 3) The calculated values have been obtained 4.00 to scenario 1, 3.25 to scenario 2, 2.43 to scenario 3 and 1.34 to scenario 4, as the weight value had been applied to the quantitative and normalized criteria of all components. As a risk criteria, scenario 1 have been selected, which is the most dangerous scenario as a result of ranking the scenario. 4) According to the importance of FTA and contribute to scenario 1, the cost-benefit values are yielded $8.05\times10^5[₩/yr]$ to final alternative(Al), $1.55{\times}10^5[₩/yr]$ to final alternative(A2) and $2.32{\times}10^5[₩/yr]$ to final alternative(A3). As a result of final alternative(Al) has been selected, which is the most optimized alternative.

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Consequence Analysis for Release Scenario of Buried High Pressure Natural Gas Pipeline (지하매설 도시가스배관의 누출시나리오에 따른 사고피해영향분석)

  • Kim, Jin Hyung;Ko, Byung Seok;Yang, Jae Mo;Ko, Sang-Wook;Ko, Jae Wook
    • Journal of the Korean Institute of Gas
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    • v.18 no.3
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    • pp.67-74
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    • 2014
  • Buried natural gas pipelines in densely populated urban areas have serious hazards of property damages and casualties generated by release, dispersion, fire and explosion of gas caused by outside or inside failures. So as to prevent any accident in advance, managers implement danger management based on quantitative risk analysis. In order to evaluate quantitative risk about buried natural gas pipelines, we need calculation for radiant heat and pressure wave caused by calculation for release rate of chemical material, dispersion analysis, fire or explosion modeling through consequence analysis in priority, in this paper, we carry out calculation for release rate of pressured natural gas, radiant heat of fireball based in accident scenario of actual "San Bruno" buried high pressured pipelines through models which CCPS, TNO provide and compare with an actual damage result.

An Analysis on the Current Status of Maintenance System for Introducing the Asset Management System of Power Generation Companies (발전사의 자산관리체계 도입을 위한 유지관리체계 현황분석)

  • Kim, Chang-Hak;Jeon, Seok-Hyeon
    • Land and Housing Review
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    • v.12 no.1
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    • pp.165-175
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    • 2021
  • A preliminary study was conducted to introduce the concept of asset management in developing maintenance strategies for public facilities. A survey was carried out to analyze public institutions' maintenance status, thereby leading to an asset management system. The survey identified the maintenance priorities for the asset management system, evaluated the weight factor in selecting facilities, and analyzed the current maintenance system. The purpose of the study is to assess the system transitioning to asset management systems considering the life cycle of the facilities from safety management-oriented maintenance policies. As a consequence of the survey results, the study presents data for establishing an asset management system.

A Conceptual Model of Knowledge Management System by using "4+1" views of UML (UML의 "4+1" 뷰를 이용한 지식 관리 시스템의 개념적 모델)

  • Sung Wook Ahn;Nam Yong Lee;Sung Yul Rhew
    • The Journal of Society for e-Business Studies
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    • v.5 no.1
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    • pp.123-134
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    • 2000
  • Over the past several decades, several architectural approaches have been applied to develop Information Systems, The software architectural model has been recognized as one of the most important methods for improving productivity. Most conceptual models are difficult to understand and interpret at various system models. As a consequence, conceptual models of many Information Systems fail to represent, exploit, and apply to various aspects, which is needed for reducing development step of the architecture. In this paper, we will explain the architectural model as the 4+1 View of UML. This model integrates the Knowledge Management System into five views: the Logical View, the Process View, the Deployment View, Implementation View, and the Use-Case View. Moreover, this paper will not only provide information on the application of the software architectural model by stakeholders, but also ultimately improve productivity.

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Food allergy

  • Han, Young-Shin;Kim, Ji-Hyun;Ahn, Kang-Mo
    • Clinical and Experimental Pediatrics
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    • v.55 no.5
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    • pp.153-158
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    • 2012
  • Food allergy is an important public health problem affecting 5% of infants and children in Korea. Food allergy is defined as an immune response triggered by food proteins. Food allergy is highly associated with atopic dermatitis and is one of the most common triggers of potentially fatal anaphylaxis in the community. Sensitization to food allergens can occur in the gastrointestinal tract (class 1 food allergy) or as a consequence of cross reactivity to structurally homologous inhalant allergens (class 2 food allergy). Allergenicity of food is largely determined by structural aspects, including cross-reactivity and reduced or enhanced allergenicity with cooking that convey allergenic characteristics to food. Management of food allergy currently focuses on dietary avoidance of the offending foods, prompt recognition and treatment of allergic reactions, and nutritional support. This review includes definitions and examines the prevalence and management of food allergies and the characteristics of food allergens.

IDENTIFICATION OF SOME FAILURE COSTS AND THEIR PERCEIVED ROOT CAUSES IN CONSTRUCTION

  • Saad Al-Jibouri;Martijn Oude Vrielink
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.184-189
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    • 2009
  • In 2008 the total estimated failure costs in the Netherlands was estimated to be 11.4% of the industry's turnover compared to 7.7% seven years earlier. Failure costs can be the consequence of rework as a result of failure to conform to the product requirements and specifications or due to inefficient processes and bad management practices. Many construction companies however are unaware of the exact nature of these costs, their root causes or how to control them. This paper describes work carried out in the Netherlands to identify the different types of failure costs in construction and their root causes. The research described builds on previous findings by another research institution and expands it to include information collected from project cases and a survey of a number of project managers in the construction industry. The paper describes the analysis of the results from cases and the survey to identify the root causes of failure costs. Research shows, for example, that many failure costs are related to the client taking late decisions and making changes to the project requirements.

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Critical financial variation of ratios between healthy and workout construction firms

  • Im, Haekyung;Choi, Jaehyun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.354-356
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    • 2015
  • As domestic recession has had an adverse impact on many Korean companies in Korea, financial soundness has become a critical issues. It is essential to identify financial risk factors to prevent workout as well as to improve the financial condition of domestic construction companies. Therefore, this study derived important management indicators and the financial ratios that belong to each indicator through a comparative analysis between healthy companies and workout companies with financial statement. As a consequence, key financial ratios are derived into 3 of 25 ratios; Equity Ratio in stability indicator, Total Asset Turnover Ratio in activity indicator, and Labor Equipment Ratio in productivity indicator. So, Korean construction firms are required close monitoring these critical financial ratios indicating variation between construction companies which have opposing statuses in finance in order to keep sound financial condition and increase productivity.

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The Effects of Policy Funds on the Investment and Management Stabilization Financing of Small- and Medium-sized Enterprises

  • Jinhwa Chung;Bohyun Kim;Seongman Moon
    • East Asian Economic Review
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    • v.27 no.4
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    • pp.347-376
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    • 2023
  • This study empirically examines the impacts of policy funds from three different aspects using data on Daegu city's local government loans. First, we estimate the influence of policy funds on mitigating financial constraints affecting the investment decisions of Small- and Medium-sized Enterprises (SMEs), yielding inconclusive results indicating no significant discernible effects of policy funds. Second, we scrutinize the ramifications of policy funds on enterprise's management stability, revealing that these funds contribute to stabilizing the operations of small-scale enterprises. Third, we explore whether policy funds engender an unintended consequence of bolstering distressed enterprises, presenting empirical evidence that suggests a delayed exit of such enterprises.