• Title/Summary/Keyword: Distribution industry

Search Result 3,401, Processing Time 0.032 seconds

Effect of Financial Performance on Earnings Management in the Drug Distribution Industry

  • Shirzad, Ali;Mohammadi, Shaban;Haghighi, Ryhaneh
    • The Journal of Industrial Distribution & Business
    • /
    • v.6 no.4
    • /
    • pp.23-26
    • /
    • 2015
  • Purpose - To mislead shareholders about a firm's actual economic performance, managers frequently manage dividends. Earnings management also affects performance reviews. Managers attempt to manage reported earnings caused by current economic events to accurately reflect their current performance. Research design, data, and methodology - The sample consisted of 312 company-years from companies in the pharmaceutical distribution industry listed on the Tehran Stock Exchange. A study period from 2004 to 2014 was selected. In this study, a model for measuring the performance of the net profits to total assets of a division of Jones was used to measure earnings management. Results - This study found a negative correlation between corporate performance and earnings management. Conclusions - The results for the earnings management company indicated a significant inverse relationship. Therefore, the company's performance weakened as its earnings management activity increased. In other words, the results showed that the company's performance-based accruals earnings management, the actual management of profits, and the general level of earnings management had significant inverse relationships. Thus, as the company's profits declined, earnings management activity increased.

The Relationship Among Nepotism, Leader Legitimacy, and Work Engagement: Focus on Distribution Industry

  • KIM, Mikyoung;MOON, Jaeseung
    • Journal of Distribution Science
    • /
    • v.19 no.7
    • /
    • pp.41-50
    • /
    • 2021
  • Purpose: This study aims to analyze the effect of nepotism on work engagement. In addition, this study aims to analyze the mediating effect of leader legitimacy in the relationship between nepotism and work engagement in the distribution industry. Research design, data and methodology: 236 survey data were collected and analyzed using SPSS 22 and AMOS 22. For the assessment of the goodness of fit of the models, indexes such as TLI, CFI, RMSEA were used. For hypotheses testing, we used SEM method and bootstrapping. Results: The results of this study are as follows. First, the relationship between nepotism and the employee's work engagement was not significant. Second, it was revealed that nepotism negatively affects the leader's legitimacy. Third, it was found that a leader's legitimacy had a positive effect on the employees' work engagement. Fourth, leader legitimacy was found to mediate the relationship between nepotism and employees' work engagement. Conclusion: We found that the effect of nepotism can be changed depending on contingent factors. This study contributed to the accumulation of nepotism theory by demonstrating the process in which nepotism, which has been insufficient so far, affects outcome variables. Based on the empirical results of this study, theoretical and practical implications, limitations, and future research directions were discussed.

Demonstration of Operating Algorithm for Stabilizing Multi-LVDC Power Grid (다회로 LVDC 전력망 안정화를 위한 운영 알고리즘 실증)

  • Yu-Kyeong Lee;Byung-Woo Park;Chun-Sung Kim;Sung-Jun Park
    • Journal of the Korean Society of Industry Convergence
    • /
    • v.26 no.6_3
    • /
    • pp.1259-1267
    • /
    • 2023
  • In recent years, as the demand for distributed power has increased, the need for microgrids connected to grid power and renewable power generation sources has emerged. In the case of DC microgrids, reactive power does not occur, and power conversion losses are reduced compared to AC when connecting to the load and power grid[2]. With the revitalization of the DC distribution network industry, various studies and demonstrations of DC microgrids have been carried out. In the case of the recent unit distribution, its stability and effectiveness have been verified through empirical and research analysis. However, there is a lack of empirical tests to prevent chain accidents for the protection of the power grid circuits and the misoperation of the distributed power system caused by individual accidents when connecting various distributed power sources and power grids. In this paper, the operation plan of a stable multi-circuit DC distribution connection for the demonstration site was verified through the protection cooperation and operation algorithm for the stable linkage management of the DC distribution network composed of such a multi-circuit.

The Impact of Corporate Capabilities on Management Performance : Focusing on the Korean Distribution Industry during the COVID-19 Pandemic

  • Kil-Yong SEONG;Byoung-Goo KIM;Chun-Su LEE
    • Journal of Distribution Science
    • /
    • v.22 no.3
    • /
    • pp.105-112
    • /
    • 2024
  • Purpose: This study analyzed the relationship between corporate capacity and management performance in the Korean distribution industry during the COVID-19 pandemic. Research design, data and methodology: The data for this study used the 2021 KOTRA GCL Test Data, and multiple regression analysis was performed using SPSS 26. As corporate competency, human capital and related capital of intellectual capital theory were utilized, and the global network level of social network theory was also utilized. As an additional analysis, corporate characteristics factors were used. Results: First, the level of global mindset of human capital acted as a positive factor in management performance, and the level of professional manpower did not achieve significant results. Second, related capital acted as a positive factor in corporate performance. Third, from the perspective of social network theory, the global network level of companies acted as a positive factor in management performance. Finally, the relationship between corporate characteristics and management performance was marginally significant. Conclusions: In order to improve the business performance of a company in a market shock such as the COVID-19 pandemic, it is required to strengthen the level of network construction with customers and increase the level of intellectual capital that a company has.

A Study on the Interrelationship among Service Quality, Customer Satisfaction and Customer Loyalty by Distribution Channel, in the Dehumidifier Goods Industry (제습기산업의 유통경로별 서비스품질이 고객만족 및 고객충성에 미치는 상호관계에 대한 연구)

  • Kim, Kyusik;Ree, Sangbok
    • Journal of Korean Society for Quality Management
    • /
    • v.42 no.4
    • /
    • pp.665-684
    • /
    • 2014
  • Purpose: The purpose of this study was to test and verify on the interrelationship among Service Quality, and Customer Satisfaction and Customer Loyalty in the Humidifier Goods industry. Especially, we study on the relative importance of each CS variables by distribution channel. Nowadays, most of manufacturing companies are proceeding the product servitization, which is combined service contents with product characteristics in the field of manufacturing industries. Methods: We surveyed humidifier purchaser about the some of CS variables and analyzed it using SPSS 21.0 and AMOS 21.0 as a statistical analysis tool. We use the frequency analysis, confirmatory factor analysis, multi-regression analysis and structural equation modeling analysis for our empirical study. Results: As the result of study, we find that Service Quality(SQ) influence Customer Satisfaction(CS) and CS influence Customer Loyalty(CL). Also, we verify that CS works mediate interaction on the effects between SQ and CL. And there are the significant relative effect of SQ to Customer Satisfaction in some of distribution channel. Conclusion: Finally, we make certain that the market size of the Humidifier goods industry will be increased rapidly. And the distribution channe l is more important to medium and small-sized enterprise. So, we have to pay attention to the study on the distribution channel of the Humidifier goods industry. And then, we expect more researches and studies on Service Quality and Customer Satisfaction in the field of manufacturing industries.

Terrestrial Broadcasting Content Distribution Strategy in the Multi Platform Environment (멀티 플랫폼 시대 지상파 방송 콘텐츠 유통 전략 방안)

  • Chung, Dong Hun
    • Journal of Korea Society of Digital Industry and Information Management
    • /
    • v.8 no.2
    • /
    • pp.117-130
    • /
    • 2012
  • Due to the development of network and device, it is called mobile age that boosts various distribution routes of multi-media content and it constructs a new digital content consumption trend. N-screen is one of the new-introduced examples in the digital age and broadcasting industry believes it as a crisis and challenge as well. It becomes a ubiquitous multi-media environment that people watch multi-media content everywhere and any time they want to and competition happens beyond the boundaries such as network industry, terminal industry, pay TV market, traditional terrestrial TV, etc. And then how should the broadcasting service prepare for the N-screen business? The present research proposes a few terrestial broadcasting content strategies in the multi platform environment. First, instead of N-screen, it proposes multi platform, especially One Source Multi Platform(OSMP). Second, so-called 'Integrated Terrestrial Broadcasting OSMP Alliance(IBPA)' must be founded. Third, IBPA should support multi-tasking UX for viewers to have rich experience. Last, it becomes more important and necessary to support local terrestrial broadcasting service for public service in the multi platform age.

A study on the deployment status and development plan of retail technology

  • KIM, Se-Jin;LEE, Sang-Youn
    • Fourth Industrial Review
    • /
    • v.1 no.1
    • /
    • pp.23-29
    • /
    • 2021
  • Purpose - Faced with the great change of the 4th industrial revolution and the addition of the COVID-19 pandemic, great confusion and crises are occurring in the retail environment as well. The purpose of this study is to suggest the necessity of establishing a methodology for applying retail tech to offline distribution channels in crisis. Research design, data, and methodology - After examining the recent developments of representative fields to which retail technology is applied, it is rearranged through consideration through previous studies. Result - The retail industry must transform into digital commerce through digital transformation. According to the development of retail technology, the distribution industry is at a time of change from the stage of brokering product and service transactions to a structure that creates value based on information on production and consumption. The business model of the distribution industry must be converted to a platform business model in which both consumers and producers become users. Conclusion - In-depth analysis of the cases has not been conducted, and there are limitations in that the development is somewhat insufficient due to insufficient prior research data. However, it is meaningful to suggest the necessity of finding a methodology for applying retail technology to overcome the crisis of offline retailers through quantitative research on the retail technology area.

The Effect of Success Factors on SCM Performance in Fashion Industry Stream (패션산업 스트림에 따라 SCM 성공요인이 SCM 성과에 미치는 영향연구)

  • Choi, Jin-Hyeok;Shin, Sang-Moo
    • Journal of Fashion Business
    • /
    • v.16 no.2
    • /
    • pp.12-26
    • /
    • 2012
  • Fashion industry characteristically goes through many steps to manufacture and to retail apparel products. Complex inter-industry channels with many intermediaries in fashion industry provoked many problems regarding recognizing customer's need, delivering time, flexibility, and inventory control. Therefore, the purposes of this study were to investigate the differences between apparel manufacturing and distribution process in SCM success factors and performances, and to investigate how SCM success factors affect on performances. Questionnaire was developed and distributed to apparel industry. The returned 116 questionnaires were analyzed by Cronbach's alpha for internal validity, factor analysis, t-test, and regression analysis with SPSS14.0. The results of this study were as follows: There was significant difference of SCM success factors between apparel manufacturing and distribution regarding process standardization and integration. There were significant differences of SCM performances such as reaction for customer, flexible management, cost minimization, and maximized asset utilization which distribution was higher than apparel manufacturing process. In apparel manufacturing, SC strategic relation, and integrative management influenced upon reaction for customer of SCM performances. SC integrative management influenced upon cost minimization. SC integrative management influenced upon maximized asset utilization. In distribution, SC strategic relation, and activated support for SCM influenced upon reaction for customer of SCM performances. SCM specialization, credible relationship among supply chains, activated support for SCM, and SC integrative management influenced upon cost minimization. SCM specialization, credible relationship among supply chains, and SC integrative management influenced upon maximized asset utilization.

Design and Verification of Advanced Distribution Management System using Information and Communication Convergence Technology (ICT융복합 기술을 이용한 차세대 배전계통 운영 시스템 설계 및 검증)

  • Kim, Dongwook;Park, Youngbae;Chu, Cheolmin;Jo, Sungho;Seo, Inyong
    • Journal of Korea Society of Digital Industry and Information Management
    • /
    • v.15 no.4
    • /
    • pp.19-29
    • /
    • 2019
  • Recently, with the rise of environmental issues and the change of government policy (Renewable Energy 3020 Implementation Plan), a large amount of renewable energy such as solar and wind power is connected to the power system, and most of the renewable energy is concentrated in the power distribution network. This causes many problems with the voltage management and the protection coordination of the grid due to the its intermittent power generation. In order to effectively operate the distribution network, it is necessary to deploy more intelligent terminal devices in the field to measure the status of the distribution network and develop various operation functions such as visualization and big data analysis to support the power distribution system operators. In addition, the failover technology must be supported for the non-stop operation of the power distribution system. This paper proposes the system architecture of new power distribution management system to cope with high penetration of renewable energy. To verify the proposed system architecture, the functional unit test and performance measurement were performed.

A study for IT Based Optimal Voltage Control Method of Distribution Systems with Distributed Generation (IT기반 분산전원 연계 배전계통의 최적전압조정에 관한 연구)

  • Kim, Jung-Nyun;Baek, Young-Sik;Seo, Gyu-Seak
    • The Transactions of the Korean Institute of Electrical Engineers A
    • /
    • v.55 no.4
    • /
    • pp.139-143
    • /
    • 2006
  • Recently, standard of living improved and Information-Communication industry developed rapidly. Thereby, interest about electric power quality is rising worldwide. So, research and Development to enhance electric power quality in various viewpoint until most suitable supply system from each kind device to improve electric power quality. And specially, interest about voltage quality is rising by diffusion increase of information communication appliance and minuteness control appliance etc. Also Power consumption is increasing, but expansion of large size generator by environmental and site security problem is difficult. So, introduction of distribution generation is investigated actively by electric-power industry reorganization. Voltage management of power system had been controlled by ULTC (Under Load Tap Changer) in substation and pole transformer on the high voltage distribution line. But, voltage control device on substation and distribution line is applied each other separatively. Therefore, efficiency of line voltage control equipment is dropping. Also, research about introduction upper limit of distribution generation is consisting continuously. This paper presents cooperation use way between voltage control device and introduction upper limit of distribution generation for most suitable voltage control in distribution power system.