• 제목/요약/키워드: Governance model

검색결과 330건 처리시간 0.02초

Comparison of Three Optimization Methods Using Korean Population Data

  • 오덕교
    • 한국시스템다이내믹스연구
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    • 제13권2호
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    • pp.47-71
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    • 2012
  • The purpose of this research is the examination of validity of data as well as simulation model, i.e. to simulate the real data in the SD model with the least error using the adjustments for the faithful reflection of real data to the simulation. In general, SD programs (e.g. VENSIM) utilize the Euler or Runge-Kutta method as an algorithm. It is possible to reflect the trend of real data via these two estimation methods however can cause the validity problem in case of the simulation requiring the accuracy as they have endogenous errors. In this article, the future population estimated by the Korea National Statistical Office (KNSO) to 2050 is simulated by the aging chain model, dividing the population into three cohorts, 0-14, 15-64, 65 and over cohorts by age and offering the adjustments to them. Adjustments are calculated by optimization with three different methods, optimization in EXCEL, manual optimization with iterative calculation, and optimization in VENSIM DSS, the results are compared, and at last the optimal adjustment set with the least error are found among them. The simulation results with the pre-determined optimal adjustment set are validated by methods proposed by Barlas (1996) and other alternative methods. It is concluded that the result of simulation model in this research has no significant difference from the real data and reflects the real trend faithfully.

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Stock Price Co-movement and Firm's Ownership Structure in Emerging Market

  • VU, Thu Minh Thi
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.107-115
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    • 2020
  • This study is concerned with the relationship between firm's ownership structure and the co-movement of the stock return with the market return. Four different types of firm ownership, including managerial ownership, state ownership, foreign ownership, and concentrated ownership, are among the main features of the company's governance mechanism and have been separately documemented in the previous research to understand their impact on stock price synchronicity. We constructed the regression model, using stock price synchronicity as the dependent variable and the above four components of ownership structure as explanantory variables. The pooled OLS, the fixed effects model, and the random effects are employed to investigate the outcome of the study. Data used in the reserch are of public firms listed on the Ho Chi Minh City Stock Exchange (HOSE) during the five-year period term from 2015 to 2019. The data sample contains 235 companies from 10 industries with 1135 observations. The results revealed by the fixed effects model, the large ownership and the managerial ownership are found to have adverse effect on the stock price synchronicity, whereas the foreign ownership model is revealed to have positive influence on the stock return co-movement. The effect of the state ownership on the stock price synchronicity is not confirmed.

Development of Performance Analysis Model for SMEs through Meta-Analysis

  • Heon-Wook Lim
    • International Journal of Advanced Culture Technology
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    • 제11권1호
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    • pp.171-180
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    • 2023
  • This study is to develop a performance analysis model for SMEs.Based on similar performance indicators through previous studies, performance indicators for SMEs were rewritten.Through the Korean Journal Citation Index (KCI), 75 related data were classified and a comprehensive SME performance analysis model was developed.Performance analysis was divided into two axes and classified into tables.The horizontal axis is the spatial performance range, which is divided into three areas: performance management by department/function, integrated performance management for the entire organization, and governance performance management requiring policy feedback. The vertical axis is subdivided into short-term, mid-term, and long-term by time and growth stage, and is divided into three parts: technical performance according to technological input, economic performance as organizational performance, and social performance for policy utilization. Then, performance indicators were mapped to each column. As a result of the survey, 28% of technical performance was analyzed as a result of frequency analysis, and performance indicators were organized into five categories: IT, R&D, certification, patent, and innovation. Economic performance was divided into 29%, BSC, HRD, logistics, production quality management, financial support, asset management, etc. 6 categories, social performance 43%, ESG, marketing, export, policy support, consulting, cooperation, etc. 7 categories.Limitations of the study include the narrowness of the survey that derived only performance indicators despite being a meta-analysis, and the performance model was mapped and classified according to growth stage and support period.however Insufficiency of validity due to lack of evidence, performance indicators were developed, but there were limitations in utilization for practical use.

Housing Welfare Policies in Scandinavia: A Comparative Perspective on a Transition Era

  • Jensen, Lotte
    • 토지주택연구
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    • 제4권2호
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    • pp.133-144
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    • 2013
  • It is commonplace to refer to the Nordic countries of Sweden, Norway, Denmark, Finland and Iceland as a distinctive and homogenous welfare regime. As far as social housing is concerned, however, the institutional heritage of the respective countries significantly frames the ways in which social housing is understood, regulated and subsidized, and, in turn, how housing regimes respond to the general challenges to the national welfare states. The paper presents a historical institutionalist approach to understanding the diversity of regime responses in the modern era characterized by increasing marketization, welfare criticism and internationalization. The aim is to provide outside readers a theoretically guided empirical insight into Scandinavian social housing policy. The paper first lines up the core of the inbuilt argument of historical institutionalism in housing policy. Secondly, it briefly introduces the distinctive ideal typical features of the five housing regimes, which reveals the first internal distinction between the universal policies of Sweden and Denmark selective policies of Iceland and Finland. The Norwegian case constitutes a transitional model from general to selective during the past quarter of a decade. The third section then concentrates on the differences between Denmark, Sweden and Norway in which social housing is, our was originally, embedded in a universal welfare policy targeting the general level of housing quality for the entire population. Differences stand out, however, between finance, ownership, regulation and governance. The historical institutional argument is, that these differences frame the way in which actors operating on the respective policy arenas can and do respond to challenges. Here, in this section we lose Norway, which de facto has come to operate in a residual manner, due to contemporary effects of the long historical heritage of home ownership. The fourth section then discusses the recent challenges of welfare criticism, internationalization and marketization to the universal models in Denmark and Sweden. Here, it is argued that the institutional differences between the Swedish model of municipal ownership and the Danish model of independent cooperative social housing associations provides different sources of resistance to the prospective dismantlement of social housing as we know it. The fifth section presents the recent Danish reform of the governance model of social housing policy in which the housing associations are conceived of as 'dialogue partners' in the local housing policy, expected to create solutions to, rather than produce problems in social housing areas. The reform testifies to the strategic ability of the Danish social housing associations to employ their historically grounded institutional relative independence of the public system.

위성정보 활용 사업의 생태계 모델과 콘텐츠 연구 (An Ecosystem Model and Content Research of the Satellite Information Utilization Business)

  • 백승국 ;노진화;심현주;주선응
    • 대한원격탐사학회지
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    • 제39권5_4호
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    • pp.1075-1084
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    • 2023
  • 위성정보 데이터는 지구를 관측하여 수집한 데이터로 국방, 자연재해, 위치기반 서비스, 인프라, 환경, 에너지, 해양, 보험 등의 다양한 분야에서 활용되고 있다. 본 연구는 위성정보 활용 사업의 선순환 구조와 산업의 비즈니스 생태계 모델을 제시하는 것을 목적으로 한다. 연구방법으로 문헌, 온라인, 어플리케이션, 콘텐츠 등의 영역에서 사례를 수집하고 분석하였다. 사례를 살펴본 결과 공공 및 상업 영역에서의 콘텐츠 서비스에 관한 비즈니스 모델을 제시하고 있었으며, 복합 범용 기술 차원에서 콘텐츠 제작과 서비스를 용이하게 하는 다양한 알고리즘 기술을 개발하고 있었다. 둘째, 위성정보 데이터의 콘텐츠 유형화 차원에서 생태환경 모니터링 콘텐츠, 도시공간 모니터링 콘텐츠, 위성정보 기반 게임 콘텐츠로 세분화할 수 있었다. 셋째, 위성정보 기반의 콘텐츠가 사용자에게 제안하는 콘텐츠의 가치를 정보적 가치, Environmental, Social, and Governance (ESG) 가치, 교육적 가치, 콘텐츠적 가치 등으로 세분화할 수 있었다. 연구 결과로 위성정보 활용 사업의 전개 과정을 시각적으로 도식화한 생태계 모델과 콘텐츠 발굴의 유형화 방안을 제시하고 있다. 더 나아가 위성정보 데이터의 대중화 및 접근성을 높이는 콘텐츠 창출의 다양한 방안을 모색하고, 정부의 투자 확대, 인력 양성, 법적 제도 구축 등을 토대로 한국형 K-위성정보 활용 사업의 생태계 모델을 모색해야 한다는 제언을 하고 있다.

Applying Theory Informed Global Trends in a Collaborative Model for Organizational Evidence-based Healthcare

  • Lockwood, Craig
    • 간호행정학회지
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    • 제23권2호
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    • pp.111-117
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    • 2017
  • Getting evidence in to practice tends to focus on strategies, theories and studies that aim to close the gap between research knowledge and clinical practice. The evidence to practice gap is more about systems than individual clinician decision making. The absence of evidence for administration and management in the organization of healthcare is persistent. Teaching nurses and providing evidence as the solution to evidence-based healthcare is no longer axiomatic. Previous studies have concluded that unit level strategies integrate multi-professional teams with organizational needs and priorities. This 'best fit' approach that characterizes how healthcare is structured and delivered. The published literature shows that increased readiness for change is aligned with integrated approaches informed by conceptual models. The Joanna Briggs Collaboration is the largest global collaboration to integrate evidence within a theory informed model that brings together academic centres, hospitals and health systems for evidence synthesis, transfer and implementation. The best approaches to implementation are tailored to local culture and context, benchmark against international evidence, combine a theory informed model and stakeholder perspectives to improve the structure and processes of health care policy and practice.

Productivity Growth of Vietnamese Commercial Banks: An Application of Non-Parametric Analysis

  • NGUYEN, Manh Hung
    • The Journal of Asian Finance, Economics and Business
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    • 제8권9호
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    • pp.177-187
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    • 2021
  • The purpose of the research to evaluate the efficiency and productivity growth rate of some Vietnamese commercial banks in the period 2008-2020. Using input and output selection theory, the author selected 2 models, estimating the efficiency for model 1 and estimating the yield change for both the models. We have built a model to estimate the efficiency and calculate as well as decompose the productivity growth of Vietnamese commercial banks during the period of active mergers and acquisitions activities in the banking system. Based on the results of the efficiency estimation, TFP shows during mergers and acquisitions, efficiency fluctuates but in an inverted U-shape (increasing from 2008-2011 but decreasing from 2013 to 2020). The estimated results of the impact assessment model show that FDI reduces the efficiency of banks. Productivity analysis shows that 6 out of 23 banks in the study period had positive TFP growth (tfpch > 1) due to technical progress and management efficiency. The findings of this study suggest that Vietnam's commercial banking system has many opportunities to improve operational efficiency in many aspects. In which, there are opportunities to increase credit, improve governance as well as improve the technology level of each bank. In addition, along with traditional products such as deposits and loans, diversification with a wide range of products and services is an important factor to enhance customer experience and demand in commercial banks.

Strengthening the Competitiveness, Productivity and Innovation of Cross-border Industrial Corridors

  • Charles Conteh;JiYoung Park;Kathryn Friedman;Ha Hwang;Barry Wright
    • Asian Journal of Innovation and Policy
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    • 제12권1호
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    • pp.75-100
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    • 2023
  • Over the past few decades, globalization has been shifting economic power upward to transnational actors on the one hand, and downward to subnational or regional spaces on the other. This phenomenon has resulted in the centrality of territorially delimited subnational regions acting as critical loci of economic governance within a complex and globally distributed value chain of trade and service flows. Within this broader context of industrial restructuring are economic regions that span national borders in their collective assets. The paper focuses on investigating the economic competitiveness and productivity of cross-border (or binational) economic regions. Using the conceptual framework of economic clusters, an econometric model that measures proxies of geographic proximity of firms in the life sciences cluster, and a new binational economic model, the paper examines the key characteristics, potentials and constraints of economic competitiveness and productivity in a cross-border region comprising counties in Western New York and regional municipalities in Southern Ontario. The findings demonstrate the direct and indirect benefits of closer cross-border economic cooperation. The paper then concludes with some policy observations about leveraging cross-border economic clusters for strategic industrial cooperation.

Relationships Between Corporate Social Responsibility, Firm Value, and Institutional Ownership: Evidence from Indonesia

  • HERMEINDITO, Hermeindito
    • The Journal of Asian Finance, Economics and Business
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    • 제9권5호
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    • pp.365-376
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    • 2022
  • This study aims to look into the causal relationships between corporate social responsibility and firm value, corporate social responsibility and institutional ownership, and firm value and institutional ownership. This study develops a triangle model of causal relationships among the three endogenous variables. Samples for this study are manufacturing companies listed on the Indonesia Stock Exchange for the period 2014-2018. The model is operated in the system of simultaneous equation models using the generalized method of moments technique to estimate parameter coefficients. After controlling the effects of trade-off/balancing capital structure and managerial ownership, the research findings show a positive causal relationship between CSR and firm value and firm value and institutional ownership. Institutional ownership has a positive effect on CSR, while the effect of CSR on institutional ownership is negative in the firms without managerial ownership and positive in the firms with managerial ownership. This study finds that the causal relationship between CSR and firm value is stronger after the trade-off/balancing of capital structure is included in the model. Capital structure has a convex effect on firm value and positively impacts institutional ownership. In addition, an independent commissioner has a negative impact on CSR but has no direct impact on firm value.

Digital Twin based Household Water Consumption Forecasting using Agent Based Modeling

  • Sultan Alamri;Muhammad Saad Qaisar Alvi;Imran Usman;Adnan Idris
    • International Journal of Computer Science & Network Security
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    • 제24권4호
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    • pp.147-154
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    • 2024
  • The continuous increase in urban population due to migration of mases from rural areas to big cities has set urban water supply under serious stress. Urban water resources face scarcity of available water quantity, which ultimately effects the water supply. It is high time to address this challenging problem by taking appropriate measures for the improvement of water utility services linked with better understanding of demand side management (DSM), which leads to an effective state of water supply governance. We propose a dynamic framework for preventive DSM that results in optimization of water resource management. This paper uses Agent Based Modeling (ABM) with Digital Twin (DT) to model water consumption behavior of a population and consequently forecast water demand. DT creates a digital clone of the system using physical model, sensors, and data analytics to integrate multi-physical quantities. By doing so, the proposed model replicates the physical settings to perform the remote monitoring and controlling jobs on the digital format, whilst offering support in decision making to the relevant authorities.