• Title/Summary/Keyword: Engineering Information Management

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Simultaneous Equation Estimation in Finance and Corporate Financial Decision: Empirical Evidence from Pakistan Stock Exchange

  • AHMED, Wahab;KHAN, Hadi Hassan;RAUF, Abdul;ULHAQ, SM Nabeel;BANO, Safia;SARWAR, Bilal;HUDA, Shams ul;KHAN, Mirwaise;WALI, Ahmed;DURRANI, Maryam Najeeb
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.11-21
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    • 2021
  • In the last few years, there is growing interest in the field of simultaneous equation estimation in finance due to the endogeneity problem caused by measurement errors, simultaneity, or omitted variables. This study aims to discuss the endogeneity problem in corporate financing decisions and investigate the interrelationship of financial decision-making such as investment decision, dividend decision, and external financing decision in Pakistan Stock Exchange (PSX) using two-stage least squares (2SLS) and generalized method of moment (GMM) estimation. The Bruech-Pagan test shows that the data has no heteroskedasticity issue and 2SLS is a better approach in the context of this study as compared to the GMM approach, and internal instruments are also sufficiently strong and valid. The three financial decision-making attributes are not jointly determined, and the dividend is influenced by one-sided investment. In the emerging stock market context, external financing and investment are not inter-related and did not affect each other. The question of whether the simultaneous equation estimation can be useful in the context of the emerging stock markets and newly-growing firms remains unanswered. The inclusive evidence shows that the theoretical link in the emerging stock market is difficult to prove like in developed stock markets.

WISEMAN(Weapon system information Integration for System Engineering and Management) - An Information Integration System for System Engineering (효과적인 시스템엔지니어링 추진을 위한 정보통합시스템(WISEMAN) 개발 및 적용사례)

  • Park, Sam Joon;Oh, Hyung Geun;Kim, Hyung Joon;Han, Sang Chul;Kim, Jong Bok
    • Journal of the Korean Society of Systems Engineering
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    • v.2 no.2
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    • pp.11-20
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    • 2006
  • For systematic and effective achievement of Military R&D(Research and Development) processes and activities, information system which supports the concept of Systems Engineering is necessary. WISEMAN(Weapon System Information Integration for System Engineering and Management) is an information integration system, which can provide various kinds of interrelated application functions and assist the collaboration and concurrent engineering activities for weapon system R&D processes and activities. WISEMAN can manage the design information and configuration data of the target development products. It takes charge of the processes and histories about the product data, makes to share all the design information, and provides important application functions for R&D processes such as requirement management, product structure management, parts Management, documents and CAD drawing management, design change management, TDP(Technical Data Package) management etc., and in conjunction with these functions WISEMAN controls various effectivities of system configurations based on baselines and model information. WISEMAN has been used by ADD and Rotem Co. since developed.

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Technical Information Library System for Engineering Company (엔지니어링 기업의 정보관리)

  • 정기애
    • Proceedings of the Korean Society for Information Management Conference
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    • 1997.08a
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    • pp.155-163
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    • 1997
  • This article describes the technical information management strategy for engineering company. The present time the quantity of information is increasing day by day, so company have problems for information service and needs the more efficient methods for information management activities. In this paper, the author suttests the improvement for engineering library system. Especially the case of KOPEC library system that can be useful engineering company information management plans.

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Influence of Financial Literacy and Educational Skills on Entrepreneurial Intent: Empirical Evidence from Young Entrepreneurs of Pakistan

  • BILAL, Muhammad Ahmed;KHAN, Hadi Hassan;IRFAN, Muhammad;Ul HAQ, S.M. Nabeel;ALI, Manzoor;KAKAR, Ali;AHMED, Wahab;RAUF, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.697-710
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    • 2021
  • This paper attempts to study the impact of Financial Literacy on Youth Entrepreneurial Intent in Pakistan. A closed-ended self-administered structured questionnaire covering financial literacy, computer knowledge, financial attitude, and financial knowledge with Entrepreneurial Intent was collected from young entrepreneurs. The research tried to investigate the education level with computer skill to inspect the effect of financial literateness on young generation Entrepreneurial Intent in the context of Pakistan. The research model was tested using PLS-SEM and authenticating a measurement model through the advanced methodology and their association with Entrepreneurial Intent. Results revealed that financial literacy and its two parts (financial attitude and financial knowledge) have a positive impact on Entrepreneurial Intent. The size of the joint impact of financial literacy and its components on Entrepreneurial Intent was assessed to be adequate. Entrepreneurial Intent is essential for creating new firms to maintain economic development. Furthermore, it is determined in this research that if youth has better financial knowledge and financial attitude, the probability of Entrepreneurial Intent increases. This suggests that if the youth in Pakistan desire to attain a higher limit of Entrepreneurial Intent, they must implement financial literacy models for enhancing and promoting their current Entrepreneurial Intent.

Exploratory Study on BIM-based Information Breakdown Structure for Construction Document Management

  • Lee, Dong Gun;Cha, Hee Sung
    • Journal of Construction Engineering and Project Management
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    • v.5 no.1
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    • pp.32-39
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    • 2015
  • Construction industry is an aggregate of information that diverse information is integrated and controlled. To implement successful construction projects, it can be said that the information management is very important. In particular, because information of construction sites is controlled in a form of documents, importance of the document management in construction has been increased. But, by controlling information through documents, there are difficult problems in writing and classification of the documents and preservation and utilization of the information. Also, due to incompletion of the information management system, difficulty in systematic info management arises. For this reason, this study intends to suggest the document information breakdown structure for controlling document info efficiently which is generated at construction sites. For this, through the examination of preceding studies, establishment of the concept of the document info breakdown structure, the space breakdown structure, and the info breakdown structure, availability of document information is intended to heighten.

ANALYZING EFFECTIVE FACTOR OF THE CHANGE MANAGEMENT BASED ON URBAN REGENERATION PROJECT IN REPUBLIC OF KOREA

  • Jae-Pil Seo;Yoon-Ki Choi;Bo-Sik Son;Han-Guk Ryu
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.591-596
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    • 2011
  • There are quite a number of business processes in the urban regeneration project. Managers and participants who involved in the project make and use information for the best way to perform in the particular business process. The information can be also reused and produced for data at the next stage. Accordingly, the information sometimes goes out of existence and work data up into new information when the urban regeneration project has been accomplished. But in that case some of changes happen occasionally, the business for urban regeneration has suffered a loss of profit and time as result of confusions about decisions and inappropriate action. For that reason, the information should be analyzed to achieve its aim at the business process under the influence of changes. Then, even though detail processes and management method change, the Core Information, which are important factors for accomplishing the project, help that the project can be operated to solve the problem about confusion and loss of the business. In conclusion, the Core Information is main effective factors for successful urban regeneration projects on the change management. The purpose of this study is to research the information according to the Information-flow and changes, and to find out the influence factors and the Core Information to manage efficiently at the process of urban regeneration projects.

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Development of a Call Center System using CTI : A Proxy Driving System (CTI를 이용한 콜센터 시스템 개발 : 대리운전 시스템)

  • Park, Sang-Sung;Jung, Won-Gyo;Shin, Young-Guen;Jang, Dong-Sik
    • IE interfaces
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    • v.20 no.3
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    • pp.309-314
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    • 2007
  • By an explosive increase of proxy driving, customers require the quick and correct services of call center. But because most call centers have an unsystematic management system, grievance of customers is continually increasing. To solve these problem, we constructed a call center system of proxy driving that is based on CTI (Computer Telephony Integration) in this paper. The proposed system is constructed using CID (Caller Identify Display) terminal, SMS (Short Message Service) and call center management program etc. Customer service level could be improved through efficient customer management by using the proposed system. Also it could be convenient and easy to implement customer management, order management, staff management, SMS and settlement of accounts.

A Study on the New Threat Level Decision Method for Information System (새로운 정보시스템 위협수준결정방법론에 대한 연구)

  • Kim, Tai-Hoon;Yeo, Sang-Soo;Cho, Sung-Eon
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.11 no.12
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    • pp.2280-2286
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    • 2007
  • Information system contains various components, and these components can be categorized into some types. When preparing security level management activity, it is most important to define the target of management activity. And after deciding these targets, security level management activity can be started. This paper defines management targets by dividing information system into some parts, and shows these targets can be managed variously according to operation environments and characteristics.

Grid Management System and Information System for Semantic Grid Middleware

  • Kim, Hyung-Lae;Han, Byong-John;Jeong, In-Yong;Jeong, Chang-Sung
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.4 no.6
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    • pp.1080-1097
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    • 2010
  • Well organized and easy usable Grid management system is very important for executing various Grid applications and managing Grid computing environment. Moreover, information system which can support Grid management system by providing various Grid environment related information is also one of the most interesting issue in the Grid middleware system area. Effective cooperation between Grid management system and information system can make a novel Grid middleware system. Especially, service oriented architecture based Grid management system is flexible and extensible for providing various type of Grid services. Also, information system based on data mining process which comprises various different kinds of domains such as users, resources and applications can make Grid management system more precise and efficient. In this paper, we propose semantic Grid middleware system which is a combination of Grid management system and semantic information system.

Development of a Matadata-based Green Building Information Management System for AEC Industries

  • OH, Minho;LIM, Se Young;KIM, Yong Hee;LEE, Tae Dong
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.646-647
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    • 2015
  • Green building information used by the AEC industry is diverse and extensive), causing difficulties for personnel regarding the collection and utilization of information in the form of inaccurate searches about related laws, inefficient management of searched information and overlapping works. Therefore, this research aims to propose a law search system utilizing metadata for more accurate and efficient searches of green building information. The proposed system is expected to contribute to improve productivity of construction projects by reinforcing the accuracy and efficiency of searches for the collection and utilization of green building information.

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