• Title/Summary/Keyword: Effect of size

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Determinants of Firm Value and Profitability: Evidence from Indonesia

  • SUDIYATNO, Bambang;PUSPITASARI, Elen;SUWARTI, Titiek;ASYIF, Maulana Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.769-778
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    • 2020
  • The purpose of this study was to examine the role of profitability as a mediating variable in influencing firm value. This study uses a sample of manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018. The data used is panel data, with data analysis using multiple regression. Based on the Sobel test, profitability plays a role in mediating the effect of firm size on firm value. The effect of firm size on firm value is indirect, however, through profitability. Therefore, the market price of the shares of large-scale companies will increase if the resulting profitability is high. The capital structure and managerial ownership directly influence firm value. The results showed that managerial ownership and firm size had a positive effect on profitability, while capital structure had no effect on profitability. Capital structure and managerial ownership have a negative effect on firm value, while firm size and profitability have a positive effect on firm value. The main finding of this study is that profitability acts as an intervening variable in mediating the relationship between firm size and firm value.

Estimation on a Contact Size Effect in Fretting Fatigue Between Cylindrical Pad and Flat Specimen (실린더형 패드와 평판 시험편간 프레팅 피로의 접촉폭 크기효과에 관한 평가)

  • Kim, Jin-Kwang;Cho, Sang-Bong
    • Journal of the Korean Society for Precision Engineering
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    • v.25 no.6
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    • pp.116-125
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    • 2008
  • In general, fretting is a contact damage process due to micro-slip associated with small amplitude oscillatory movement between two surfaces in contact. Previous studies in fretting fatigue have observed a contact size effect related to contact width. The volume-averaging method of theoretically predicted contact stress fields was required to emulate experimental trends and to predict the observed contact size effects. This contact size effect is captured by the mean values of stresses and strains at the element integration points of FE model and two critical plane models (SWT, FS) in the present paper. It is shown that crack nucleation and fretting fatigue life can be predicted by the FE-based critical plane models.

Meta-analysis about the Effectiveness of Intervention Programs for Married Immigrant Women (결혼이주여성에게 적용한 중재 프로그램의 효과성에 대한 메타분석)

  • Lee, Mi Ok;Kim, Sinhyang
    • Women's Health Nursing
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    • v.21 no.4
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    • pp.342-354
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    • 2015
  • Purpose: The purpose of this study was to test the effect size of intervention programs for married immigrant women as well as to suggest the basic data for health care practices for married migrant women. Methods: Meta-analysis was conducted with 27 articles from domestic Korea master's and doctorate degree dissertations and Korea academic journals from 2007 to 2014. Results: Overall average effect size was 1.17 and 'parental education' of Intervention Variables was the biggest effect size. Intervention Variables were also identified to be the most desirable in cases when total sessions were applied with 10-18 sessions, 1 session per week, 90-120 minutes per session activity time and with less than 10 subjects in group size. Regarding effect variables, psychological variable group was identified to show the biggest effect size and in sub-variables, self-efficacy was identified to show the biggest effect size. Conclusion: If intervention programs for married immigrant women is expanded and conducted based on the results of this study, the program would have significant affect psychological, social and physical health of the married migrant women who currently occupy the important status in our society.

Effects of Capstone Design Education in Korea: A meta-analysis (국내 캡스톤 디자인 교육의 학습효과에 관한 메타분석)

  • Huh, Mi-Seon;Lee, Jeongmin
    • The Journal of the Korea Contents Association
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    • v.21 no.4
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    • pp.331-346
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    • 2021
  • The purpose of this study was to comprehensively examine the effect of capstone design education on learning outcomes and propose directions for effective design and implementation of capstone design classes. For achieving this, a 21 studies meeting the standards among the academic journals and thesis published in Korea by September 2020 were selected, and based on 83 effect sizes, the meta analyses were carried out. The results of this study were as follows: First, the total effect size of capstone design education was 0.96, which is a large effect size. Second, the effect size was large in order of affective, cognitive, and social areas. Third, the effect size of vocational basic ability showed a large effect size while creativity showed a medium-sized one. Fourth, the effect size showed highest for design subject, the grade in the third or fourth, there was help from industrial corporation, theory and practice. Based on these results, this study proposed instructional design implications in order to increase the learning effects of capstone design in Korea.

A Meta-Analysis of the Effects of Multi-Cultural Education Program in Korea (다문화가정과 일반가정 유아와 아동을 대상으로 한 다문화교육 프로그램의 효과에 관한 메타분석)

  • Choi, Hea Young
    • Journal of Family Resource Management and Policy Review
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    • v.19 no.3
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    • pp.1-16
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    • 2015
  • The purpose of this study was to synthesize the results of studies on the effects of multi-cultural education program for Korean children. Using the author's own selection criteria, 17 studies were finally selected and 31 effect sizes were calculated from these studies and used for meta analysis. The overall effect size for all studies on the random effect model was .802, and it was positive and high. Given the heterogeneity among the effect size, subgroup analysis was conducted. According to the analysis, effect sizes significantly differed depending on program goal, concerned multi-cultural higher than others. Result also showed that the high scored effect sizes were the general family, pre-school age children group, and the program were 11-20 children group in size, and 11~20 times in frequency of education.

Size Effect of Compressive Strength of Concrete for the Cylindrical Specimens Considering Strength Level (강도수준을 고려한 원주형 공시체에 대한 콘크리트 압축강도의 크기효과)

  • Kim, Hee-Sung;Jin, Chi-Sub;Eo, Seok-Hong
    • Magazine of the Korea Concrete Institute
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    • v.11 no.2
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    • pp.95-103
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    • 1999
  • The reduction phenomena of concrete compressive strength with the size of specimens have been extensively investigated, but till now the adequate analysis technique is not fixed. The existing research results show that the bigger the member size, the smaller the strength. This means the nonlinear fracture mechanics theory is needed in order to analyze the fracture behaviors of concrete and the size effect. There is a few model equations that is to predict the size effect of compressive strength of standard and non-standard cylindrical specimen. However, theses equations did not considered the difference of fracturing mechanism which depends on the strength level. In this paper, model equations to predict compressive strength of concrete considering the size effect and strength level are suggested. The size effect model suggested in this paper shows good prediction compared with the existing test data of various concrete size and strength level.

A STATISTICAL STUDY ON THE EFFECT OF TOOTH SIZE AND DENTAL ARCH SIZE UPON THE CROWDING (치아와 악골의 크기가 밀집에 미치는 영향에 관한 통계학적 연구)

  • Ahn, Byoung-keun
    • The korean journal of orthodontics
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    • v.20 no.2
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    • pp.217-226
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    • 1990
  • The purposes of this study were to clarify the effect of tooth size and arch size upon the crowding. 175 upper casts were measured and following conclusions were made. 1. Tooth size, intermolar width, 2nd premolar width of crowded group were not significantly different from those of noncrowded groups. 2. Intercanine width, arch length of noncrowded group were significantly larger than crowded group. 3. Multiple regression equations were derived by using tooth size, arch perimeter, arch length, intermolar width.

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Factors Affecting the Stock Price: The Role of Firm Performance

  • SUKESTI, Fatmasari;GHOZALI, Imam;FUAD, Fuad;KHARIS ALMASYHARI, Abdul;NURCAHYONO, Nurcahyono
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.165-173
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    • 2021
  • This study examined the effect of Debt Equity Ratio (DER), Net Profit Margin (NPM), and Size on stock prices with company performance as measured by Return on Assets (ROA) as a mediating variable. The sample used is 136 manufacturing companies listed on the Indonesia Stock Exchange (IDX) in the 2014-2018 period. This research was tested using a Warp PLS statistical test tool to prove the proposed hypothesis. The results showed that DER has a significant negative effect on ROA and a significant positive effect on Stock Price. NPM has a significant positive effect on ROA as well as a significant positive effect on Stock Price. While Size has a significant positive effect on ROA but has no effect on Stock Price. ROA has a significant positive effect on Stock Price. ROA does not act as a mediating variable in the relationship between Size and Stock Price; however, ROA acts as a mediating variable in the DER and Stock Price relationship, as well as, in the relationship between NPM and Stock Price. The implications of the results of this study can be used by investors in making investment decisions, paying attention to the company's financial aspects, namely DER, NPM, Size, and ROA.

A Meta-Analysis of the Effect of Face (Chemyon) on Leisure Consumers' Consumption Behavior

  • KIM, Young-Doo
    • The Journal of Industrial Distribution & Business
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    • v.12 no.11
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    • pp.17-31
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    • 2021
  • Purpose: Despite the fact that face (i.e. Chemyon) is deeply-rooted in Korean culture and significantly affects the behavior of Korean people, the effect of face on leisure consumers' consumption behavior has only reported mixed findings, that is, significant and/or insignificant face effects have been reported. It is necessary to integrate prior research findings, and comprehensively examine the effect of face on leisure consumers' consumption behavior. The purpose of this study was to investigate the effect (i.e. effect size, and moderating variables) of face on leisure consumers' consumption behavior through meta-analysis. Research design, data and methodology: Among 1,019 face-related academic studies, retrieved from the academic research information services (RISS), 34 studies and 300 cases examining the effect of face on leisure consumers' consumption behavior were finally included for meta-analysis. Face measured as face sensitivity and/or a face sensitivity sub-component (shame-consciousness, formality-consciousness, and other-consciousness) were integrated in the meta-analysis. Leisure consumers' consumption behavior was classified as antecedents of purchase (overall conspicuous consumption tendency, overall symbolic consumption tendency, personality, high price, high quality, brand seeking, fashion seeking, enjoyment, other person (interpersonal) consideration, position, reference group, and attitude), purchase (purchase intention, unplanned purchase, purchase, and expenditure), and post-purchase (satisfaction, repurchase, and post-purchase). The data used in the meta-analysis was comprised of correlation coefficients, and the meta-analysis was performed using the R-program. Results: The overall mean effect size of face on leisure consumers' consumption behavior was .248. It was found that the effect size was the largest in the order of shame-consciousness face, formality-consciousness face, and other-consciousness face. Among the types of leisure consumers' consumption behavior categorized as dependent variables, the effect size was found to be largest in the order of position, attitude, reference group, post-purchase behavior, brand seeking, personality, trend seeking, etc. In addition, it was found that the leisure types moderated the effect size of face on leisure consumers' consumption behavior. The effect size was found to be largest in the order of skin diving, baseball, various leisure participation, dance, gambling, golf, etc. Conclusions: Face moderately or significantly influence leisure consumers' consumption behavior.

Meta-Analysis of the Effects of Nutrition & Dietary Life Education for Preschoolers (미취학아동 대상 영양·식생활교육의 효과 메타분석)

  • Kim, Song Hee;Kim, Ae Jung
    • Journal of the Korean Dietetic Association
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    • v.26 no.2
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    • pp.153-173
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    • 2020
  • The purpose of this study was to objectively quantify the effects of nutrition and dietary life education on preschoolers through meta-analysis. In addition, it provides basic data for the implementation of nutrition education and development of systematic nutrition and dietary life education programs. In this study, a meta-analysis of 27 papers was conducted that conformed to the selection criteria in the study conducted from January 2012 to August 2019 to derive objective data on the effects of education. As a result of the analysis, the overall effective size of nutrition and dietary life education for preschoolers was 0.829, which indicates a strong effect. According to the education method, the effect size of general education was 0.562, which indicates a medium effect size, the vegetable playing-based experience education was 0.685, which indicates a medium effect size, and cooking activity-based experience education was 1.101, which indicates a large effect size. Judging from this result, experience activity education was more effective than general nutrition education. In addition, the combined size of convergence education conducted through a combination of general and experience education was found to be the most effective at 1.301. In terms of educational effect, it was confirmed that the effect size was 0.898 for improving nutrition knowledge, 0.858 for improving dietary habits, 0.836 for improving unbalanced diet, and 0.756 for improving food preference and intake, and the sizes of effects were all found to be large. As frequency of education increased, the number of education participants decreased and the effect of education increased.