• The Journal of Asian Finance, Economics and Business
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• 제8권7호
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• pp.433-446
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• 2021

This study aims to identify the elasticities and casualties of financial performance and determinants of the mining and extractive companies listed in Jordan's stock market over the 2005-2018 period. The conceptual framework is based on the Resource-Based View theory and Arbitrage Pricing theory is used to describe the relationship between the external environment and the financial performance of the companies. Profitability ratio (return on assets) is utilized as a proxy of financial performance measurement. Meantime, the company's characteristics, macroeconomic variables, and non-economic factors are utilized as independent factors. Data sources are panel data set for mining and extractive companies over the above period. Fully Modified Ordinary Least Square (FMOLS), Dynamic Ordinary Least Squares (DOLS), and Pooled Mean Group (PMG) methods are applied. The empirical findings indicated that company size, sales growth, financial leverage, liquidity, and GDP growth were the critical determinants of mining and extractive companies' financial performance in the Amman Stock Exchange. Thus, the findings conclude that company characteristics and GDP growth mainly drive financial performance. Moreover, the findings reveal that a bidirectional causal elasticity exists between GDP and financial leverage and return on assets (ROA). Sound financial performance can be obtained by paying more attention to GDP growth and firms' characteristics.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.399-409
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• 2021

This study examines whether oil and gas companies comply with the requirements of the International Financial Reporting Standards (IFRS) 6 on Exploration and Evaluation (E&E) of Mineral Resources. For this purpose, a comprehensive checklist divided into eight different parameters was prepared by including every requirement of IFRS 6. While building on the previous studies, the annual reports of the top five Indian and top five Global companies engaged in this business have been investigated in detail against the checklist using content analysis as the research method. Results show that a majority of the companies (both Indian as well as global companies) have not been complying with the requirements of IFRS 6. In five out of eight parameters the companies have not complied with even half of the requirements. The overall compliance ratio is as low as 41.54 percent and 43.68 percent for Indian and Global companies respectively. While analyzing the non-compliance, it has been observed that despite having distinct accounting standards, different kinds of companies are reporting differently. Thus, it is not in line or consistent with the goal of IFRS i.e., to establish a universal language for the companies to prepare the accounting statements. The research findings identify the exact area of non-compliance while citing the relevant paragraph number of IFRS 6.

• 한국정보과학회논문지:소프트웨어및응용
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• 제36권7호
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• pp.539-547
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• 2009

산업 및 가전 제품에서 소프트웨어의 중요성이 커지면서 소프트웨어 재사용과 제품라인 방법론에 대한 관심이 높아지고 있다. 그러나 대부분의 제품라인 방법론은 초기 비용과 시간이 많이 들고 구체적인 절차나 성공 사례가 부족하여 산업체에서 적용하기에는 어려운 한계가 있다. 본 논문에서는 산업체에서 제품라인 기법을 쉽게 적용할 수 있도록, 기존에 개발된 소프트웨어 자산과 해당 도메인의 휘처모델을 활용하여 제품라인을 쉽게 구축할 수 있는 추출식 접근법의 구체적인 방법을 제시하고 이를 케이블 셋톱박스 소프트웨어에 적용한 사례를 소개한다. 또한, 제품라인으로의 전환 효과를 확인할 수 있는 평가 기준을 제안하고, 사례 연구를 통해 얻은 교훈을 정리하여 다른 산업 및 가전 제품의 소프트웨어에 적용할 수 있는 지침을 제공한다.