• 제목/요약/키워드: Positive Impact

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An Impact of Budgetary Goal Characteristics on Performance: The Case of Vietnamese SMEs

  • LE, Thang Ngoc;NGUYEN, Dung Duc
    • The Journal of Asian Finance, Economics and Business
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    • 제7권9호
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    • pp.363-370
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    • 2020
  • The paper aims to investigate the impact of budgetary goal on profit growth directly and indirectly through managerial performance. Two main characteristics of budgetary goal mentioning in the study are the clarity of budget goal and the difficult of budget goal. Data of the research collected from survey with 197 department managers and supervisors of 80 SMEs in Hanoi and Ho Chi Minh City who have budgeting responsible. Firstly, by using quantitative research method Cronbach's Alpha and Exploratory Factor Analysis, the research show that characteristic of budgetary goal has significant and positive impact on profit growth directly. Secondly, the regression analysis among variables show that budget goal clarity was positively and significantly related to growth of sale revenue, growth of profit and managerial performance. Therefore, the empirical findings show that that managerial performance has mediating role in the relationship between budgetary goal characteristic and financial performance. The findings of this study suggest that that managers need focus on setting clearer and more difficult but attainable budget goals to increase firm performance. This paper also provides a new insight the relationship between managerial performance and financial performance. Budgetary goal characteristics still have positive but insignificant impact on growth of sales revenue.

The Effect of On-line Product Presentation : A Comparative Study between 3D and General Product Presentation

  • liu, Shuo
    • The Journal of Industrial Distribution & Business
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    • 제8권5호
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    • pp.15-21
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    • 2017
  • Purpose - This research aims to examine the effects of 3D online products presentation by comparing it with general presentation. Research design, data, and methodology - To rigorously investigate the differences of effects between 3D presentation and general presentation, this study examines the differences of the two presentations in vividness, informedness, entertainment, product trust, and purchase intention. This research designed two different forms of online product presentations, 3D and general presentation for an experiment. Results - The research findings indicate that 1) the vividness of online product presentation has a positive impact on the informedness and entertainment. While both vividness and informedness product presentation have a positive impact on product trust, the entertainment of online product presentation has no significant impact. 2) Vividness, informedness, entertainment, product trust, and purchasing intention showed significant differences between 3D and general product presentations. 3) Overall, 3D product presentation showed a stronger impact on purchasing intention than the general product presentation. Conclusions - This research expands the area of business presentation by comparing the differences of 3D and general presentation methods. This study made a great contribution to theory development, and also to guidelines for practice. These insights could be used by organizations in developing realistic environments for business presentations.

Relationship between Volatile Oil Components of Tobacco and Sensory Attributes of Tobacco Smoke (잎담배의 휘발성 정유성분과 담배연기의 관능특성과의 관계)

  • 정기택;안대진;이종률
    • Journal of the Korean Society of Tobacco Science
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    • 제24권1호
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    • pp.13-20
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    • 2002
  • This study was conducted to evaluate the prediction of sensory attributes of tobacco smoke by the use of volatile oil components of tobacco. For analytical and sensory evaluations, twelve aging tobaccos (i.e., 3 crop years; 1998, 1999, 2000, and 4 stalk positions) were prepared in flue-cured and burley tobaccos. 61 volatile oil components and 5 sensory attributes such as irritation, impact, after taste, bitter and green were investigated. Irritation of flue-cured tobacco, and irritation and impact of burley tobacco were significantly increased with the ascending stalk position, whereas after taste of burley tobacco was significantly decreased. Significantly positive correlations among irritation, impact, and bitter were observed in flue-cured tobacco. A significantly positive correlation between irritation and bitter was observed, significantly negative correlations between after taste and irritation and between after taste and impact were observed in burley tobacco. Except for green of burley tobacco, all probabilities of multiple linear regression equations between volatile oil components of tobacco and sensory attributes of tobacco smoke were significant(P$\leq$0.05). This study suggests that the multiple linear regression equations may be useful to predict the sensory attributes of tobacco smoke with a few selected volatile oil components of tobacco.

Impact of SAPHIR Data Assimilation in the KIAPS Global Numerical Weather Prediction System (KIAPS 전지구 수치예보모델 시스템에서 SAPHIR 자료동화 효과)

  • Lee, Sihye;Chun, Hyoung-Wook;Song, Hyo-Jong
    • Atmosphere
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    • 제28권2호
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    • pp.141-151
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    • 2018
  • The KIAPS global model and data assimilation system were extended to assimilate brightness temperature from the Sondeur $Atmosph{\acute{e}}rique$ du Profil $d^{\prime}Humidit{\acute{e}}$ Intertropicale par $Radiom{\acute{e}}trie$ (SAPHIR) passive microwave water vapor sounder on board the Megha-Tropiques satellite. Quality control procedures were developed to assess the SAPHIR data quality for assimilating clear-sky observations over the ocean, and to characterize observation biases and errors. In the global cycle, additional assimilation of SAPHIR observation shows globally significant benefits for 1.5% reduction of the humidity root-mean-square difference (RMSD) against European Centre for Medium-Range Weather Forecasts (ECMWF) Integrated Forecast System (IFS) analysis. The positive forecast impacts for the humidity and temperature in the experiment assimilating SAPHIR were predominant at later lead times between 96- and 168-hour. Even though its spatial coverage is confined to lower latitudes of $30^{\circ}S-30^{\circ}N$ and the observable variable is humidity, the assimilation of SAPHIR has a positive impact on the other variables over the mid-latitude domain. Verification showed a 3% reduction of the humidity RMSD with assimilating SAPHIR, and moreover temperature, zonal wind and surface pressure RMSDs were reduced up to 3%, 5% and 7% near the tropical and mid-latitude regions, respectively.

A Study on the Impact Factors of Open Innovation Performance According to the First-mover Companies and the Follower Companies (선도기업과 후발기업에 따른 개방형 혁신활동이 기업성과에 미치는 영향에 관한 연구)

  • Cho, Yo Han;Lee, Dae Chul;Lim, Gyoo Gun
    • Journal of Information Technology Applications and Management
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    • 제20권2호
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    • pp.39-56
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    • 2013
  • There have been many studies that open innovation activities have positive effects on firm performance. However, the previous studies have shown conflicting results, depending on the characteristics of companies or the timing of the product launch. This study empirically compares open innovation performance of first-mover companies and follower companies. The analyses are performed on the samples of the Korean Innovation Survey 2010 companies that explored external information and performed R&D cooperation. The results indicate that open innovation activities can have different effects depending on a company's status in the market. For the first-mover companies, the intensity of utilizing external information has greater impact on the firm's performance than the diversity of it. By contrast, for the follower companies, the diversity of utilizing external information has greater impact on the firm's performance than the intensity of it. In terms of R&D cooperation, the external cooperation is found not to have significant effects on a first-mover company's performance. However, external R&D cooperation of a follower company is showing positive impact on the firm's performance. The implication of the study is to analyze the firm's Open-Innovation performance by comparing first-mover companies with follower companies. Therefore, companies need to execute the Open-Innovation strategy by considering firm characteristics or the timing of the product launch.

The Effect of Foreign Ownership and Product Market Competition on Firm Performance: Empirical Evidence from Vietnam

  • HA, Thach Xuan;TRAN, Thu Thi
    • The Journal of Asian Finance, Economics and Business
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    • 제8권11호
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    • pp.79-86
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    • 2021
  • In recent years, firm performance has been a topic that attracts many researchers. It is extremely important to identify the factors that change firm performance. In the current trend of competition and integration, foreign ownership, product market competition is found to reduce agency costs and impact firm performance. The purpose of this research is to investigate the relationship between foreign ownership, product market competition, and firm performance. Our research using a quantile regression model, through panel data of 290 companies listed on the Vietnam stock exchange (include Ho Chi Minh and Hanoi stock exchanges) from 2017 to 2019 that was collected by Thomson - Reuters DataStream has shown that foreign ownership and product market competition have a positive impact on Tobin's Q but are not statistically significant with ROA. Critically, our quantile regression results suppose foreign ownership, product market competition have a significantly larger positive impact in high-performing firms relative to low-performing firms. The results help propose solutions to planners and managers to change foreign ownership and product market competition to increase business performance. Besides, through quantile regression analysis, managers need to pay attention to the impact on foreign ownership, product market competition; there will be a difference between high-performing firms relative to low-performing firms.

Effects of oral health knowledge, attitude, and behavior on oral health impact profile of metabolic syndrome patients (대사증후군 환자의 구강보건지식, 태도, 행위가 구강건강영향지수에 미치는 영향)

  • Lim, Mi-Hee
    • Journal of Korean society of Dental Hygiene
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    • 제18권6호
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    • pp.1079-1090
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    • 2018
  • Objectives: This study aims to provide fundamental data on seeking more effective programs for metabolic syndrome patients' oral health by researching their knowledge, attitude and behaviors on oral health and considering the effects each factor has on the oral health impact profile. Methods: The research was conducted on 155 patients with metabolic syndrome who visited the metabolic syndrome center of S district between July $19^{th}$, 2016 and August 27th, 2016. Results: When the subjects had experiences of oral treatment within the past year, which indicated lower quality of life in relation to oral health. Oral health knowledge had a positive correlation with oral health attitude (0.241) and oral health behaviors (0.362), had a negative correlation with oral health impact profile (-0.283). Oral health attitude showed a positive correlation with oral health behaviors (0.476) (p<0.001). Conclusions: By conducting a oral health promotion business among metabolic syndrome patients including a oral care and treatment program which aim to enhance the oral knowledge, attitude and behaviors and comprehensively manage the oral health education program, it is expected that their quality of life related to oral health could be further improved.

The Impact of Financial Distress on Cash Holdings in Indonesia: Does Business Group Affiliation Matter?

  • HADJAAT, Michael;YUDARUDDIN, Rizky;RIADI, Sukisno Selamet
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.373-381
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    • 2021
  • This study aims to investigate the impact of financial distress on the cash holding of non-financial companies in Indonesia as the largest emerging economy among ASEAN countries. Furthermore, the sub-sample business group to be investigated were divided into two, groups namely affiliated and non-affiliated groups. This was carried out to ascertain the difference in the impact of financial distress on cash holding between both groups. Sample collection was based on all firms listed on the Indonesian Stock Exchange (IDX) during 2008-2017, comprising 137 firms. The results showed that using the two-step system Generalized Method of Moments (GMM), the coefficients for financial distress (Z-Score) indices were positive and significant for all models. Therefore, the higher the Z-Score value, the lower the company's financial distress and vice versa. This implies that the lower the company's financial distress, the lower the cash holding. Furthermore, a positive and significant impact of the Z-Score on cash holding for non-affiliated groups was discovered. This implies that there are differences in the amount of cash holding between affiliated and non-affiliated groups. This result indicates that non-affiliated groups hold more cash during financial distress. However, these results had cash policy implications, particularly for non-affiliated groups.

Bank Liquidity and Economic Development in Underdeveloped Regions: An Empirical Study in Indonesia

  • JUMONO, Sapto;ISKANDAR, Muhammad Dhafi;ADHIKARA, Muhammad Fachrudin Arrozi;MALA, Chajar Matari Fath
    • The Journal of Asian Finance, Economics and Business
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    • 제8권7호
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    • pp.31-42
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    • 2021
  • This study aims to determine the relation between the real sector and the financial sector in underdeveloped areas in Nusa Tenggara, Indonesia. To facilitate understanding of these linkages, researchers use the logic of credit channel mechanism of monetary policy, financial intermediation, as well as supply leading and demand following theories. The research variables include economic growth, inflation, liquidity, and NPL at the provincial level, with a data sample from 2008 to 2019. This research uses VAR/VECM as the analysis tools. The findings of the long-term analysis in East Nusa Tenggara show there is a phenomenon of cost-push inflation as well as the negative relation between inflation and economic growth. The impact of liquidity on inflation is positive, while the impact of economic growth on inflation is negative. Meanwhile, in West Nusa Tenggara, the impact of economic growth on inflation is positive. On the other hand, the impact of liquidity and NPL on inflation and economic growth is negative. In conclusion, generally, the economy in West Nusa Tenggara is better than the East Nusa Tenggara. The key to improving the economy of Nusa Tenggara is by improving its liquidity. This can be done by increasing the volume of public savings to increase bank credit capacity.

The Impact of Export Instability on Economic Growth: Evidence from Jordan

  • ABU-LILA, Ziad M.;ALGHAZO, Abdalwahab;GHAZO, Abdallah
    • The Journal of Asian Finance, Economics and Business
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    • 제8권8호
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    • pp.13-19
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    • 2021
  • To provide empirical evidence on the impact of export instability on economic growth in developing countries, this study estimated the neoclassical production function using data of the Jordanian economy for the period 1995-2019. Real exports, real capital, and export instability were the independent variables in the production function. To determine the appropriate methodology for estimating the production function, the study conducted some preliminary tests, including the Augmented-Dickey Fuller (ADF), on the study data. The results of this test indicated that all study variables were stationary at first difference. Therefore, the Johanson cointegration test was applied to determine that there was cointegration between the study variables since the results of the former test indicated that there was one cointegration vector between these variables. The cointegration equation revealed a positive and statistically significant impact of real capital, real exports, and an indicator of export instability on economic growth. The most important policy implications for these results would be reducing the geographical concentration of exports through the expansion of free trade agreements (FTA) to enhance the positive impact of the instability of exports on economic growth. Moreover, the study recommends strengthening export-oriented actions to achieve higher levels of economic growth.