• 제목/요약/키워드: Governance model

검색결과 332건 처리시간 0.021초

Determinants of Economic Growth in ASEAN Countries (2002-2019)

  • Khin Theingi Aung
    • 수완나부미
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    • 제15권2호
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    • pp.215-244
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    • 2023
  • This study analyzes the effect of macroeconomic indicators such as foreign direct investment (FDI), domestic investment, trade, inflation, unemployment, population, and governance indicators on economic growth and points out the GDP growth rate in 2002- 2019 among ASEAN countries. Data were compiled from the Worldwide Governance Indicators (WGI) and the World Bank, and the effect of variables on GDP was predicted using the pooled ordinary least squares (POLS), fixed effects model (FEM), and random effects model (REM) methods. As a measure of growth, the GDP growth rate has been taken; FDI and domestic investment, trade, inflation, and governance indicators are positively connected and have an influence on economic growth in these ASEAN countries; domestic investment, population, and unemployment have a negative relationship to economic growth. The macroeconomic indicators and institutional stability of the nation have an effect on its economic growth. Comprehensive institutional stability and well-laid macroeconomic policies are required for growth to materialize.

ANP 기법 활용 농업용수 거버넌스 구성요인 우선순위 분석 (Priority Analysis for Agricultural Water Governance Components by Using Analytic Network Process(ANP))

  • 이슬기;최경숙
    • 농촌계획
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    • 제29권4호
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    • pp.27-34
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    • 2023
  • Recently, worldwide to respond to climate change and secure sustainability. Korea aimed to increase water use efficiency by implementing integrated management according to the water management unification policy. Therefore, the necessity of establishing and operating governance is expanding to ensure the sustainability of agricultural water. In this study aims to evaluate the importance of agricultural water governance components and provide essential data for the participation of stakeholders in the efficient use of agricultural water in Korea. For this study, a total of 19 respondents to the ANP survey for this study were composed of experts in agricultural water and governance in Korea. As a result, the ranking for the main components was in the order of law, policy, and systems(0.222), core subjects(0.191), information sharing and communication(0.180), budget support(0.178), mutual learning(0.124), and external experts(0.105). The most important components for the operation of agricultural water governance are laws, policies, and systems. Since Korea's agricultural water management is a public management system, national standards are considered the first priority. This study, which is the purpose of the agricultural water governance model, evaluated the importance of the constituent components for participating in demand management with a sense of responsibility. Moreover, if agricultural water governance is expanded nationwide by reflecting agricultural and water resource policies in the future, it is believed that positive effects can be achieved in increasing utilization efficiency and securing sustainability through agricultural water saving.

The Role of Corporate Governance in Financially Constrained Firms

  • KANG, Shinae
    • 융합경영연구
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    • 제7권3호
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    • pp.43-49
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    • 2019
  • Purpose - This paper empirically investigates what factors contribute to management decisions by corporate governance in the Korean stock market. In the paper, dividends and investments were imployed as management decisions and major stockholders' shares and foreign investors' shares were used as corporate governance. Research design, data, and Methodolog - Samples are constructed by manufacturing firms listed on the stock market of Korea as well as those who settle accounts in December from 2001 to 2018. Financial institutions are excluded from the sample as their accounting procedures, governance and regulations differ. This study adopted the panel regression model to assess the sample construction including yearly and cross-sectional data. Results - This results support the literatures that major shareholders showed insignificance to dividends, positive significance to investment in financially unconstrained firms and negative significance to investment in financially constrained firms. Whereas foreign investors favor firms to increase dividends but they decrease investments only in financially constrained firms. Conclusion - This paper documented evidence that financial constrained firms use dividends for their investment and foreign investors decrease investments under financial constraints. But for dividends decisions, foreign investors give significant positive impacts irrespective of financial constraints.

The Data Sharing Economy and Open Governance of Big Data as Public Good

  • LEE, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • 제8권11호
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    • pp.87-96
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    • 2021
  • Data-driven markets depend on access to data as a resource for products and services. Since the quality of information that can be drawn from data increases with the available amount and quality of the data, businesses involved in the data economy have a great interest in accessing data from other market players and sharing data with other stakeholders. Despite the growing need for access to data and evidence of the economic and social benefits, data access and sharing remains below its potential. Individuals, businesses, and governments often face barriers to data access, which may be compounded by the reluctance to share, including within and across sectors. To address these challenges, this paper focuses on finding possible solutions for a better data-sharing economy. This paper 1) Discusses opportunities and challenges of open data and the data-sharing economy, limitations of private sector data, and issues with open government data. 2) Introduces open government data initiatives and open governance networks initiatives. 3) Suggests possible solutions, including the governance and management, the legal and policy frameworks, and the technical standards for open data with proposing an open data governance model for the data-sharing economy.

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
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    • 제8권2호
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    • pp.289-295
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    • 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.

Moderating Effect of Online Shopping Experience on Adoption of e-Governance in Rural India

  • Swapnil Undale;Harshali Patil
    • Asia pacific journal of information systems
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    • 제32권1호
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    • pp.32-50
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    • 2022
  • Technology acceptance is one of the most popular research areas. Rapid developments in technology are making human life more comfortable. However, still most of the rural area has been deprived of benefits of technological advancement. Seventy percent population of India resides in rural area. Leveraging the improved penetration of the internet; mobile friendly population in rural India has been increasingly shopping online in the last few years. e-Governance is one of the important vehicles to provide efficient services to the citizens by Governments. One major obstacle is acceptance of e-Governance platforms by the citizens. Considering the increasing trend of using e-Commerce in rural area, this paper attempts to investigate moderating effect of online shopping experience on intention to use e-Governance portals. We surveyed 365 villagers across Maharashtra: one of the leading states in India. The result confirmed online shopping experience moderates the relationship between: 'perceived security & privacy' and 'attitude'; 'perceived security & privacy' and 'intention to use'; 'Perceived usefulness' and 'attitude'; and, 'attitude' and 'intention to use'. In this study definition of moderating variable 'experience' is unique and different than most of the popular studies. We defined experience as: 'prior use of any application of technology similar to the target application of technology'. Whereas prior studies considered experience as prior experience with target application of the technology.

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
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    • 제12권3호
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    • pp.49-74
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    • 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.

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IT 거버넌스 통제에 대한 조직원의 심리적 반발요인에 대한 연구 (A Study on Organizational Members' Psychological Reactance Factors on IT Governance Control)

  • 조성필;안종창
    • 한국산학기술학회논문지
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    • 제14권6호
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    • pp.2707-2716
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    • 2013
  • 본 연구는 다양한 형태의 조직들에서 IT 거버넌스와 관련된 통제에 대해 조직원들의 개인기기 사용 확산에 따른 반발 심리의 분석에 초점을 둔다. 이를 위해 IT 거버넌스 통제와 관련된 선행 연구, 조직원의 반발 심리에 대한 척도 및 기대이론을 바탕으로 연구 모형을 구성하였다. Hong의 심리적 반발 척도, 기대이론의 보상 정도, 조직에서의 직급이나 조직 규모에 따라 조직원들의 IT 통제에 대한 반발요인과 태도의 통계적 유의성을 검증할 수 있었다. 이를 통해 IT 거버넌스를 통한 경영목표 달성을 위한 통제와 조직원 반발요인에 대한 체계적 분석을 통한 분석 틀을 제시하고 실무적으로도 조직의 IT 거버넌스 통제에 대한 시사점을 얻을 수 있다.

공.사기관의 ITA 도입과 IT거버넌스의 영향력에 관한 연구 (An Analysis for Influence Factors of ITA Introduction and IT Governance -Towards Public& Private Organization-)

  • 김경우
    • 한국컴퓨터정보학회논문지
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    • 제15권12호
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    • pp.255-263
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    • 2010
  • 본 논문에서는 ITA 기능이 IT거버넌스에 미치는 영향을 분석하기 위해서, 조직에서 ITA 역할에 대한 몇 가지 기능요인들을 도출하였다. 또한 조직에서 IT거버넌스에 미치는 요인과 그 영향력에 대하여 논의하고 실증적으로 검증 분석하였다. 총 223개의 조직에 대한 설문조사를 통계적으로 분석한 결과, ITA기능의 IT인프라기반, IT기술, IT성과체제가 IT거버넌스에 영향을 미치는 요인으로 나타났다. 주요 연구 결과에 의하면 조직에서 ITA의 도입을 통해서 기술체계지원, 성과체계수준을 제고함으로써 IT거버넌스 체계의 구축에 영향을 미치고 있다는 점과, 특히 IT 인프라의 체계화에 집중한다면 IT거버넌스의 영역중 IT서비스관리 수준의 제고가 기대된다. ITA 를 통해 정보 관리의 효율성을 높일 수 있는 요인들에 대해 제언하고자 하였다.

Determinants of Capital Structure:The Case in Vietnam

  • VU, Thu Minh Thi;TRAN, Chung Quang;DOAN, Duong Thuy;LE, Thang Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • 제7권9호
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    • pp.159-168
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    • 2020
  • This is a quantitative research, underpinned by the philosophy of natural science and deduction approach that examines the impact of the various aspects of corporate governance mechanism on the choice of capital structure of Vietnamese listed firms. We focus on the effect of factors such as the board size, the board independence, and especially different ownership structures, which include the managerial ownership, the state ownership, the concentrated ownership, and the foreign ownership. They are the main scopes of corporate governance and are supposed to be relevant to determine the corporate financing choice. To explain the causal relationship between factors, we construct the regression model and then test it by using different statistical method approaches, including the pooled OLS, the fixed effects model, and the random effects model. Data are collected from 336 firms with shares listed in the Ho Chi Minh City Stock Exchange in Vietnam, totaling 1583 observations. Overall, the results reveal that the board size, state ownership, and concentrated ownership have positive impact on the firm's capital structure, whereas foreign ownership appears to have negative influence on the capital structure. The research does not find evidence of a the correlation between board independence, managerial ownership and corporate capital struture.