• 제목/요약/키워드: Governance framework

검색결과 212건 처리시간 0.022초

The Relationship Between Corporate Innovation and Corporate Governance: Empirical Evidence from Indonesia

  • ARIFIN, Mohamad Rahmawan;RAHARJA, Bayu Sindhu;NUGROHO, Arif;ALIGARH, Frank
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제9권3호
    • /
    • pp.105-112
    • /
    • 2022
  • The current study is at the forefront of examining the theory of principal-agent framework and financing constraints to explain the level of corporate innovation. To boost the firm's level of innovation, this study uses corporate governance and corporate performance as driving factors. The study's secondary goal is to give information on the parallel relationship between corporate governance and the level of corporate innovation. This study used a two-step least square (TSLS) regression analysis to examine such a simultaneous association using secondary data from Indonesian listed businesses from 2000 to 2021, which totaled around 1,910 observations. This study uses the Principal Component Analysis (PCA) tool to test cumulative variances of potential corporate governance indicators such as the total commissioner of the firm (TCOM), total independent commissioner of the firm (INDPCOM), the proportion of institutional ownership (INSOWN), total female commissioner (FEMCOM), CEO duality (CEODUAL), and type of the firm (SOE). As a result, PCA reveals that four of these variables, omitting CEODUAL and SOE, were a corporate governance construct. Furthermore, the study discovered that the amount of firm innovation and corporate governance are related.

Development and Application of a Sensemaking Approach to Community-based Disaster Risk Governance

  • Choi, Choongik;Tatano, Hirokazu;Choi, Junho
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제6권1호
    • /
    • pp.289-301
    • /
    • 2019
  • This paper explores community-based flood disaster risk governance by applying a sensemaking approach. The conceptual sensemaking framework consists of individual experience, dialogue, and socialization components, which together comprise an interconnected system. This study presents a method for applying this framework by using a concerns table and a SWOT analysis to examine the concerns of residents living in a flood plain. A series of community-based workshops on flood risk reduction was conducted with residents of the flood-prone Muraida community in Shiga Prefecture, Japan. During the workshops, residents' concerns regarding flood risk surfaced. This study used an idiographic approach to examine the proceedings of the workshops. SWOT issue analysis was used to examine the strengths and weaknesses in the Muraida community's internal capacities, and examine the opportunities and threats in the external capacities (e.g., local government). Additionally, a SWOT strategy analysis was conducted to identify strategies for knowledge sharing and development of cooperative countermeasures that can be undertaken between the Muraida community and the local government. The results show that the concerns table can not only summarize the main concerns of all workshops, but also provide an understanding of alternative flood risk countermeasures that can be carried out.

Data Governance 평가를 위한 속성지표 연구 (A Study on Attribute Index for Evaluation of Data Governance)

  • 장경애;김우제
    • 정보처리학회논문지:소프트웨어 및 데이터공학
    • /
    • 제6권2호
    • /
    • pp.57-66
    • /
    • 2017
  • 데이터 거버넌스는 연구초기 단계의 영역이므로 개념정의와 구성요소 정립에 연구가 집중되어 있다. 그러나 데이터 거버넌스의 도입에 대한 의사결정을 돕기 위해서 데이터 거버넌스의 평가에 관한 연구 또한 필요하다. 본 연구는 데이터 거버넌스 프레임워크에서 데이터 거버넌스를 평가하기 위한 속성지표에 관한 연구이다. 이를 위하여 RGT와 Laddering기법을 적용하여 전문가 인터뷰를 실시하였고, 이 결과를 제3자 차원의 검증을 위해서 설문과 통계적인 검증분석을 실시하였다. 통계적인 분석에는 크론바하 알파 계수, MANOVA, 상관분석을 실시하였다. 이를 통해서 데이터 거버넌스 속성지표를 데이터 통제영역에는 8개의 속성지표, 데이터 품질영역에 16개의 속성지표, 데이터 조직영역에 7개의 속성지표를 도출하였다. 또한 AHP기법을 적용하여 속성지표의 가중치와 우선순위를 선별하였다. 이 연구결과는 데이터 거버넌스의 개념정립과 구성요소의 명확한 이해 및 기업의 거버넌스 도입과 운영의 기초자료로 활용될 것이다.

The Influence of Corporate Governance on Dividend Decisions of Listed Firms: Evidence from Sri Lanka

  • NAZAR, Mohamed Cassim Abdul
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권2호
    • /
    • pp.289-295
    • /
    • 2021
  • This study investigates the role of corporate governance in the dividend decision of 198 non-financial companies listed on the Colombo Stock Exchange of Sri Lanka, over the period from 2009 to 2016. Four corporate governance indicators are used in this study; managerial ownership, the board size, board independence, and CEO duality. Furthermore, this study considers three control variables such as profitability, firm size, and corporate tax. This study employed the Generalized Method of Moments (GMM) model to estimate the regression models on panel data study. The major contribution of this study is exploring the insight into the effect of corporate governance factors on dividend decisions. The results of the study revealed that managerial ownership showed a significant positive impact on the dividend payout ratio. Board size showed a significant positive influence on the dividend payout ratio. Board independence negatively but significantly influenced the dividend payout ratio. CEO duality showed an insignificant negative impact on the dividend payout ratio. In the framework of these CG indicators, Sri Lankan listed firms are recommended to have dispersed ownerships, large Board size and maintain a balance of power and authority by separating the individual who is assuming the position of the CEO from the Chairperson of the Board and maintain at least two independent directors.

Opportunities for Joint Cooperation in R&D for FEALAC Countries: On Nanotechnology and Biotechnology

  • Trujillo, Ivan Montenegro;Jimenez, Edgar E Gonzalez;Ospina, Monica Botero
    • STI Policy Review
    • /
    • 제7권2호
    • /
    • pp.106-131
    • /
    • 2016
  • The general purpose of this paper is to identify opportunities for and to measure existing collaboration on research and development between institutions from the countries of Asia and Latin America in FEALAC's framework, in the fields of biotechnology and nanotechnology and their convergence. The methodological approach includes scientific and technological surveillance and research seeking to identify both the R&D and innovation capacities of the countries as well as the degree of international cooperation between countries of the two regions; case studies and a study of the governance framework of international collaboration in R&D about issues considered global challenges. The study has three main findings. First, nanotechnology, biotechnology and their convergence contribute to solving the problem of contamination by heavy metals affecting most of the countries that are part of FEALAC and to address problems arising from the accelerated rate of energy consumption, which also contributes to environmental damage. In this scenario, important business opportunities arise from the adaptation and development of bio-refinery technologies. Second, the scientific relationship between FEALAC countries, mainly between Asian and Latin American countries, is weak as can be seen in research for articles and patents. But there is plenty of room and potential for improvement. Third, current and upcoming joint R&D programs and projects should be linked both to existing governance structures and to new ones that serve as experiments of STI public policy regarding innovative management of intellectual property and capacity building. Practical implications are included in lessons learned and a set of recommendations involving a couple of proposals. One proposal calls for research and innovation in promising fields for international cooperation. Another proposal creates mechanisms in the governance framework for sharing knowledge, capacity building, and funding.

지식정보 거버넌스를 위한 메타데이터 레지스트리 통합 프레임워크 (Metadata Registry Integration Framework for Knowledge Information Governance)

  • 최오훈;임정은;박성공;나홍석;백두권
    • 디지털콘텐츠학회 논문지
    • /
    • 제8권4호
    • /
    • pp.509-519
    • /
    • 2007
  • 지식정보 거버넌스를 위하여 국가적으로 교육학술, 과학기술, 문화 분야 등에 대한 지식정보의 통합 검색이 요구되고 있다. 그러나 분야별 지식정보는 데이터 및 서비스 특성에 따라 기관별 고유 메타데이터 형식을 개발 사용해왔다. 따라서 분산된 지식정보를 메타데이터 기반으로 통합 시, 분야별 메타데이터 이질성 문제가 발생한다. 즉, 통합 검색을 위하여, 각 전문 분야별 메타데이터의 일관성 유지가 필요하다. 본 논문에서는 분야별 메타데이터를 조사하여 각 메타데이터들을 대표할 수 있는 표준 메타데이터를 정의한다. 이를 바탕으로 기존 시스템의 메타데이터의 수정 없이 기 구축된 전문 분야별 지식정보의 통합 검색을 가능하게 하는 지식정보 거버넌스를 위한 메타데이터 레지스트리 통합 프레임워크를 제안한다. 제안된 프레임워크를 통해 기존 메타데이터의 효율적인 등록 및 관리가 가능하며, 각 메타데이터간의 의미적 연관관계를 통한 의미 확장 검색이 가능하다.

  • PDF

Problems of Shariah Governance Framework and Different Bodies: An Empirical Investigation of Islamic Banks in Bangladesh

  • ALAM, Md. Kausar;MUSTAFA, Hasri;UDDIN, Md. Salah;ISLAM, Md. Jahirul;MOHUA, Marjea Jannat;HASSAN, Md. Farjin
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권3호
    • /
    • pp.265-276
    • /
    • 2020
  • The study aims to explore the problems of the existing Shariah Governance Framework (SGF) and its concerned authorities in the context of Bangladesh. Thus, according to responses from 17 respondents, this study outlines that Bangladesh has an absence of a shortage of experts, experienced, knowledgeable, and qualified Shariah people at all levels (i.e., the central bank, Islamic banks, Shariah Supervisory Boards (SSBs), and regulators). Therefore, Bangladesh does not have a separate Islamic banking act, Shariah audit firm, Shariah index institutions, and comprehensive SGF. The existing guideline has a limitation concerning its comprehensiveness, accountability, responsibility, and structure of SSBs. Islamic banks do not follow the instruction of the central bank in the formation of SSBs. As a result, there is an absence of competent and qualified SSB, which also results in the functions of Shariah departments as well as Shariah applications. Usually, the Board of Directors (BOD), management, executives, customers, and the public also have the conceptual gap about Islamic banks, SGF, and banking system compared to the regular prayers, faith, and belief. Concisely, Bangladesh requisites a comprehensive SGF, Islamic banking act, a standard accounting system, and a robust Shariah audit system for the overall development of Islamic banks and SGF.

기타 효과적인 지역 기반 보전 수단(OECMs)의 개별 평가 - 국립수목원을 중심으로 - (Site-Level Assessment of Other Effective Area-based Conservation Measures - Focusing on the Korea National Arboretum -)

  • 심윤진;성정원;이경철;권형근;안종빈
    • 한국환경복원기술학회지
    • /
    • 제26권2호
    • /
    • pp.1-11
    • /
    • 2023
  • By delivering effective, in-situ conservation of biodiversity, OECMs can contribute to sustaining existing biodiversity values and improving biodiversity conservation outcomes. In this study, for the reporting of OECMs required by Kunming-Montreal Global Biodiversity Framework, the site-level assessment of the Korea National Arboretum and Buffer Zones were conducted using the assessment tool of IUCN. The site-level assessment was carried out in three steps(step 1: screening, step 2 : consent for full assessment, step 3 : the full assessment). It was found that the criteria were satisfied except for the consent for full assessment, sustainability of governance and management arrangements, and the equity of governance and management. Although the governing authority, rights-holders or any other stakeholders could be identified, the step of acknowledging and agreeing to the full OECM assessment was not possible because the governance was not established. As a result of the assessment of equitable governance and management in the aspect of recognition, procedure, and distribution based on criterion(the equity of governance and management), it is judged that more specific measures are needed in the aspect of recognition. And in the aspect of procedure, there is no legal basis for participation in governance and collection of opinions, so it is judged that there is a limit to listening and reflecting the opinions of stakeholders. In the aspect of distribution, it is necessary to further confirm whether it provides direct benefits to rights-holders such as landowners in the region. And it is necessary to prepare specific criteria to assess the important biodiversity values. Therefore, in order to promote OECM reporting in the future, it is necessary to conduct detailed research on various types of governance establishment and operation plans that can establish the basis for recognizing and agreeing to OECM assessment, specific criteria and reasonable measures to judge equity, and important biodiversity value.

정보보안체계 운영경험 진단을 통한 국가 사이버보안 거버넌스 모델 연구 방법 (A Building Method of Designing National Cyber Security Governance Model Through Diagnosis of Operational Experience)

  • 방기천
    • 디지털융복합연구
    • /
    • 제16권6호
    • /
    • pp.205-212
    • /
    • 2018
  • 본 연구에서는 국가 전략적 차원에서 보안 거버넌스를 효율화시키기 위한 새로운 개념의 정보보안 거버넌스 모델 설계 방법을 제안한다. 이를 위해 우리의 운영 경험을 진단하고, 새로운 모델 설계 방법을 도출하였다. 그동안 국가 정보보안 활동은 지식 전달 위주로 인식되었고 활동의 동기 부여와 실행력 확보가 취약하였다. 결과적으로 보안 사각 지대가 늘어나고 대형 보안 사고가 빈발하여 해결이 필요한 과제로 대두되었다. 국가 사이버보안 거버넌스는 국가 리더의 책임하에 상단의 정책에서 하단의 실행까지 총체적으로 시스템화되어야 한다. 본 연구는 이같은 접근 방법에 기반하여 한국형 보안 거버넌스 모델의 종합 프레임워크를 제시하고 이를 비전, 목표, 과정, 수행 등 4개의 아키텍처 설계로 구체화시킴으로써 국가 거버넌스 모델 설계의 기반을 도출하였다. 라이프 사이클 흐름상의 문제점 진단, 환경변화에 기초한 보안 정책, 모든 주체의 참여가 반영되는 새로운 틀에 대하여는 계속적인 연구가 필요하다.

중소기업의 IT 거버넌스 구조에 관한 연구: 다중상황관점으로 (A Study on IT Governance of Small and Medium sized Enterprises in Korea : With Multiple Contingencies Perspective)

  • 성기문;안중호;양지윤
    • 한국전자거래학회지
    • /
    • 제12권3호
    • /
    • pp.49-74
    • /
    • 2007
  • 기존의 IT 거버넌스 연구에 따르면 비록 비슷한 환경, 규모, 산업에 속하는 기업이라도 IT 거버넌스 구조가 다양한 형태로 존재하고 있다고 밝히고 있으며, 이는 단일요인에 의한 영향이라기 보다는 다중상황요인들의 영향에 의한 것으로 나타나고 있다. 본 연구는 기업들의 IT 활동에 대한 의사결정의 권한과 책임이 누구에게 있는지를 파악하기 위해 IT 의사결정 구조에 영향을 미치는 요인들을 찾아내고, 다중상황이론을 적용하여 IT 거버넌스 연구모형 개발하고, 이를 통해 국내 중소기업의 IT 거버넌스 구조를 파악하였다. 자료분석을 통해 국내 기업의 IT 거버넌스는 주로 분권형과 하이브리드 구조이고, IT 거버넌스 구조가 본 연구에서 제시된 상황요인들로부터 동시적이고 다중적인 영향을 받는다는 사실을 확인하였다.

  • PDF