• Title/Summary/Keyword: Opportunity factors

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A Study on the Determination Information of Cash holdings in Korean Export-Oriented Companies (한국의 수출지향형 기업에서 현금유동성 결정정보에 관한 연구)

  • Kim, Jong-Taek;Shin, Yeon-Soo;Shin, Yong-Jae
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.157-176
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    • 2009
  • This study analyzed the information factors which determine cash liquidity in Korean export-oriented companies. In this paper, cash liquidity means the ratio of the value of cash or cash equivalent to the asset value subtracted marketable securities value from total asset value. The empirical test shows that main information factors are the size of company, the growth opportunity of company, the volatility of operating cash flows and free cash flows, the credit yield spread of company, the debt ratio, the turnover ratio of cash flows and free cash flows, and the estimate of bankruptcy that amounts to the inverse number of Z score. In summary, the size of company, debt ratio, turnover ratio of cash flows and free cash flows, and Z-score have negative influence on the cash liquidity of Korean export-oriented companies. but the volatility of operating cash flows affect the cash liquidity positively.

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Effect of Attitude towards Parent Brand on Extended Fashion Product in Fashion Brand Extension (패션브랜드 확장시 모브랜드에 대한 태도가 확장패션제품에 미치는 영향에 관한 연구)

  • Rhee, Young-Ju
    • Fashion & Textile Research Journal
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    • v.10 no.4
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    • pp.506-514
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    • 2008
  • The purpose of this study was to investigate the effect of attitude towards parent brand on extended fashion products in case of fashion brand extension. The subjects of this study were 386 college students and data were collected using survey questionnaire. For data analysis, factor analysis and path analysis were applied. The results showed that there were four factors (e.g., familiarity attitude, emotional attitude, value-expressive attitude, utility information attitude) in attitude towards parent brand and six factors (e.g., economical risk, utilitarian risk, social risk, psychological risk, time/advantage loss risk, risk for losing opportunity) under perceived risk in extended product. The results showed that attitude towards parent brand had a negative effect on perceived risk in extended products and had a positive effect on attitude towards extended products. Perceived risk in extended products then had a negative effect on purchase intention of extended products whereas attitude towards extended products had a positive effect on purchase intention of extended products.

A Study on the Effect of Agency Problems in the Determination of Capital Structure (대리문제가 자본구조에 미치는 효과에 관한 연구)

  • 김형준;황동섭
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.36
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    • pp.365-370
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    • 1995
  • In recent years, there have been attempts to explain firms' capital structure based upon the agency theory which considers agency problems arising due to ownership structure. Agency theory starts from the coctractual relationship (explicit or implicit) between principals and agents. Since uncertainty exists in real world and information is distributed asymmetrically, there are conflicts between principals and agents. The objectives of this study are to analyze, based upon agency theory, factors which are expected to affect firms' capital structure and to test empirically the relevance of agency cost hypothesis about the determination of capital structure, For these purposes, this paper carried out multiple regression in order to examine whether the factors of agency costs affect significantly the determination of capital structure. The results of empirical analysis are summarrized as follows; First, insider-equity ration has been negatively correlated with capital structure. Second, growth opportunity variabless has been insignificant coefficients with capital structure.

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A study on the model of measuring visual accessibility to urban green spaces (도시녹지의 시각적 접근성 측정모델에 관한 연구)

  • 임승빈;허윤정
    • Journal of the Korean Institute of Landscape Architecture
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    • v.23 no.3
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    • pp.1-14
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    • 1995
  • The aspect of visual accessibility to urban green spaces is an important factor because it contributes making pleasant environment by increasing the visual experience of nature in urban environment. But we have tried neither to consider nor to measure it. Since he concept of visual accessibility has not formally defined yet, it was operationally defined in this study. And then the model of measuring visual accessibility was suggested and verified through the case study on neighborhood parks in Seoul. The findings are as follows : 1) The concept of visual accessibility is defined as opportunity and potentiality to observe green spaces. 2) The model of measuring visual accessibility deals with not only adjacent area but also viewshed area. In adjacent area, considering factors are the area of road adjacent to green spaces and the area of exposed green spaces. In viewshed area, considering factors are the area of road located in viewshed area, the area of exposed green spaces, and the weight according to observing distance. 3) The final model of measuring visual accessibility suggested in this study is as follows.

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Utilizing SWOT Model to Define a Strategy for the Korean Construction Companies in Preparation of the Changes in the Global Construction Market

  • Kim, HwaRang;Jang, HyounSeung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.486-490
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    • 2015
  • SWOT model was used to develop strategies for the Korean construction firms in entering the global construction market. Literature review, official statistics survey and other research methods were utilized in order to extract internal and external environmental factors of both the firm and local area. By extracting strength, weakness, opportunity and threat factors, a total of 12 strategies were produced: SO (Strengths-Opportunities), ST (Strengths-Threats), WT (Weaknesses-Threats), and WO (Weaknesses-Opportunities). The result of the study can be utilized as a basic data in developing a strategy for the Korean construction firms to penetrate into the global construction market.

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Critical Factors Influencing Adoption of Cloud Computing for Government Organizations in Yemen

  • Salem, Mubarkoot Mohammed;Hwang, Gee-Hyun
    • Journal of Distribution Science
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    • v.14 no.11
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    • pp.37-47
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    • 2016
  • Purpose - Many countries nowadays look at cloud computing as an opportunity because it holds great advantages for governments. Public sector in Yemen still uses traditional computing. This study tends to explore the factors that would affect cloud computing adoption in government organizations in Yemen. Research design, data and methodology - We used a combination of DOI theory and TOE framework with some changes to suit the context of government organizations. Eight hypotheses were proposed with a questionnaire developed and sent to people in Yemen. 118 responses were collected to assess the hypotheses. Results - Results indicate that Yemen lacks some prerequisites of cloud technology in terms of technological readiness and regulations. The factors: relative advantage, compatibility, security concern, perception of benefits and government support were accepted. Perception of benefits, in particular, is found to affect the decision of adoption. Security concern also showed a direct and indirect influence on cloud adoption in the government. Respondents consider security a key issues of the technology. The factors: complexity, technology readiness and regulatory support were rejected. Conclusions - Based on all analysis results, this study proposed some steps toward adopting cloud computing in Yemen.

Developing Experimental Education Program for Safety Considering Psychological Effect (심리적 효과를 고려한 체험적 안전교육 방안)

  • Eum, Kee-Soo;Woo, Tae-Hee
    • Journal of the Korea Safety Management & Science
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    • v.11 no.4
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    • pp.15-24
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    • 2009
  • The object of this study is to understand the psychological factor of the worker on safety and recommend the experimental factor of safety education program. The following are the methods of this study. We analyzed the statistical data from survey to workers(N=139) about the psychological factor on safety. The survey consisted of 34 questions about 4 factors like private external characteristic, psychological characteristic, characteristics on behavior, and experience and reason of disaster. As the result of the analysis of the multi regression model on the base of correlation of each of the major factors, psychological health, effort on practicing, and satisfaction on their life were the variables with high influence on the safety mind of workers. So, it is good safety strategy for effective working to maintain healthy life with optimistic minds, and try to practice actively as usual. After considering the result, for the development of safety education program for working, we have to consider psychological factors of our workers that influence their safety and try to improve the experimental education opportunity, and it will be effective.

The Impact of Experience Factors on Brand Attitude and Revisit Intention in Rice Cake Specialty Shop (떡 전문점에서의 체험요소가 브랜드 태도 및 재방문 의도에 미치는 영향)

  • Park, Kyung-Ai;Lee, Jae-Dong;Kim, So-Ah
    • Culinary science and hospitality research
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    • v.23 no.2
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    • pp.35-44
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    • 2017
  • The purpose of the present study was to investigate the impact of experience factors on brand attitude and revisit intention in cakes specialty shop. The result showed that among experience factors in rice cake specialty shop, educational experience factor and aesthetic experience factor had influence on both brand attitude and revisit intention, and entertainment experience factor had only influence on revisit intention. Also, brand attitude had significant influence on revisit intention. It was confirmed that experience activities in marketing of traditional food such as rice cakes are significant marketing activities, and educational experience factor and aesthetic experience factor have high correlated each other. On the other hand, entertainment experience factor is in lack relatively, which is due to the complexity of the traditional food manufacturing, and future improvements about this needs to be required. This study was to identify marketing significance of experience factors in rice cake specialty shop and to verify the necessity and effectiveness for spreading vigorous marketing in a variety of traditional food fields through this opportunity.

A Study on the Design Process of Interactive Space with the Influential Factors on the Interactivity - Focus on Programming Process for Supporting Interactive Behaviors - (상호작용성 영향요인이 적용된 공간디자인 프로세스에 관한 연구 - 상호작용 행태지원 프로그래밍 프로세스를 중심으로 -)

  • Lee, Jeong-Min
    • Korean Institute of Interior Design Journal
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    • v.20 no.5
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    • pp.23-33
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    • 2011
  • Starting with 21st Century, the role of the design has been widened and designers began to regard the psychological and behavioral factors as main design considerations. These factors are the core elements especially in designing interactive space. This research proposed the user-centered design methodology for interactive space. It developed Programming Process for Supporting Interactive Behaviors. To compose the process, this research analyzed the influential factors on the interactivity and the results were applied on the process. This newly proposed Programming Process contains four basic stages which are 'Opportunity Identification Cell', 'Intersubject Cell', 'Interaction & Interface Cell', and 'Programming Solution Cell'. More detailed tasks are also specified for each stage. This research asserts that the design process for Interactive space should differ from the past design processes in the fact that it puts much more attention on systemizing the psychological and behavioral elements than before. Therefore the design process for Interactive space should be reinforced with the data related to these psychological and behavioral understandings. The Programming Process of this paper is an attempt to enlarge the roles of these data in designing interactive space, and thus it is an attempt to accommodate the contemporary user-centered design paradigm.

The Health Examinees (HEXA) Study: Rationale, Study Design and Baseline Characteristics

  • Health Examinees (HEXA) Study Group
    • Asian Pacific Journal of Cancer Prevention
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    • v.16 no.4
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    • pp.1591-1597
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    • 2015
  • Background: Korea has experienced rapid economic development in a very short period of time. A mixture of traditional and modern risk factors coexists and the rapid change in non-genetic factors interacts with genetic constituents. With consideration of these unique aspects of Korean society, a large-scale genomic cohort study-the Health Examinees (HEXA) Study-has been conducted to investigate epidemiologic characteristics, genomic features, and gene-environment interactions of major chronic diseases including cancer in the Korean population. Materials and Methods: Following a standardized study protocol, the subjects were prospectively recruited from 38 health examination centers and training hospitals throughout the country. An interview-based questionnaire survey was conducted to collect information on socio-demographic characteristics, medical history, medication usage, family history, lifestyle factors, diet, physical activity, and reproductive factors for women. Various biological specimens (i.e., plasma, serum, buffy coat, blood cells, genomic DNA, and urine) were collected for biorepository according to the standardized protocol. Skilled medical staff also performed physical examinations. Results: Between 2004 and 2013, a total of 167,169 subjects aged 40-69 years were recruited for the HEXA study. Participants are being followed up utilizing active and passive methods. The first wave of active follow-up began in 2012 and it will be continued until 2015. The principal purpose of passive follow-up is based on data linkages with the National Death Certificate, the National Cancer Registry, and the National Health Insurance Claim data. Conclusions: The HEXA study will render an opportunity to investigate biomarkers of early health index and the chronological changes associated with chronic diseases.