• Title/Summary/Keyword: Potential Strategy

Search Result 1,561, Processing Time 0.052 seconds

The Effect of Income and Earnings Management on Firm Value: Empirical Evidence from Indonesia

  • HERNAWATI, Retno Indah;GHOZALI, Imam;YUYETTA, Etna Nur Afri;PRASTIWI, Andri
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.4
    • /
    • pp.105-112
    • /
    • 2021
  • This study aims to find empirical evidence of the effect of increasing income on the potential transfer of wealth from manufacturing companies that go public to stakeholders. Earnings management with an accrual approach with the Modified Jones model is an identifier of the availability of earnings management practices, without paying attention to both positive and negative symbols. The interpretation of the results of the discretionary accrual measurement between positive and negative symbols has different meanings. Positive discretionary accruals indicate that management uses income-increasing techniques. Meanwhile, negative discretionary accruals indicate that management uses income-reducing techniques. Income-increasing techniques tend to be viewed as opportunistic behavior of managers. This study used 111 data from manufacturing companies listed on the IDX (Indonesia Stock Exchange) from 2015-2018. Path analysis is used to test the hypothesis. The results of this study are in line with the point of view of management strategy, increasing income is used as a way to transfer potential welfare from the company to stakeholders. Social welfare (tax) and managerial remuneration are proven to be mediators in increasing the effect of increasing income on future company value. Further research can complete the potential welfare transfer against the shareholders related to income-increasing strategy.

Analysis of Wind Energy Potential on the West Coast of South Korea Using Public Data from the Korea Meteorological Administration (기상청 공공데이터를 활용한 대한민국 서해안 일대의 바람자원 분석)

  • Sangkyun Kang;Sung-Ho Yu;Sina Hadadi;Dae-Won Seo;Jungkeun Oh;Jang-Ho Lee
    • Journal of Wind Energy
    • /
    • v.14 no.3
    • /
    • pp.14-24
    • /
    • 2023
  • The significance of renewable energy has been on the rise, as evidenced by the 3020 renewable energy plan and the 2050 carbon neutrality strategy, which seek to advance a low-carbon economy by implementing a power supply strategy centered around renewable energy sources. This study examines the wind resources on the west coast of South Korea and confirms the potential for wind power generation in the area. Wind speed data was collected from 22 automatic weather system stations and four light house automatic weather system stations provided by the Korea Meteorological Administration to evaluate potential sites for wind farms. Weibull distribution was used to analyze the wind data and calculate wind power density. Annual energy production and capacity factors were estimated for 15-20 MW-class large wind turbines through the height correction of observed wind speeds. These findings offer valuable information for selecting wind power generation sites, predicting economic feasibility, and determining optimal equipment capacity for future wind power generation sites in the region.

Enterprise-wide Internet Strategy based on the Analysis of the Critical Success Factors of the Internet Usage (기업이 인터넷을 성공적으로 활용하는데 요구되는 요인 분석과 인터넷 활용 전환 전략)

  • 권원일;박명철;김문구
    • Korean Management Science Review
    • /
    • v.17 no.3
    • /
    • pp.5-17
    • /
    • 2000
  • The needs of strategic approach toward the usage of the Internet in corporate context are increasingly important as digital economy changes the way of doing business. However, companies are not easily taking the opportunity since the strategic use of the Internet is difficult because of the conflicts in distribution, business process, organization structure, etc. The Internet strategy applicable to companies in a generic context is proposed by identifying the CSFs (Critical Sucess Factors) in exploiting the potential of the internet. CSFs are derived by the previous study and case analysis, from which two most important factors are chosen based on a survey. In the survey, the ranking of the significance of the 8 CFSs from the 25 cases is questioned to the internet experts. Then a $2{\times}$2$ matrix is designed to find the optimal area for a company to be successful in the Internet usage. The strategy suggested here appears to be the shifting strategy in order to be in the optimal area in using the Internet strategically.

  • PDF

Territory Defense Strategy of the Wrinkled Frog, Rana rugosa

  • Park, Shi-Ryong;Cheong, Seokwan
    • The Korean Journal of Ecology
    • /
    • v.25 no.1
    • /
    • pp.25-28
    • /
    • 2002
  • The advertisement call of anurans functions to attract potential mates. The dominant frequency of an advertisement call is generally getting lower with increased snout-vent length (SVL) of the caller Rana rugosa has an advertisement call tilth a particularly high frequency modulation. We conducted a playback experiment to verify the function of frequency modulation, and investigated the territorial behavior of the frog. The frog has five types of territory defense strategy. Strategy choice depended on the caller's SVL. Small males became satellites or lowered the dominant frequency of their advertisement call, whereas large males actively defended their territory with encounter calls. In response to high frequency (1107 Hz) playback, the frogs lowered their advertisement call frequency, and towered them further in response to the low frequency (1028 Hz) playback. In addition, the number of pulses in a call was increased in response to the playback. These results indicate that the frog avoids physical conflict with competitors by selecting a territory defense strategy suitable for the caller's size, and by lowering its call frequency to disguise its SVL.

A Case Study on the Marketing Strategy of Fermented Vinegar Drink (천연발효 식초음료의 마케팅 전략에 관한 사례연구)

  • Jang, Duk Kyu;Kim, Chang Bum;Her, Jiuk;Lim, Dae-Eun
    • Journal of Industrial Technology
    • /
    • v.38 no.1
    • /
    • pp.29-40
    • /
    • 2018
  • This study represents the marketing strategy of naturally fermented vinegar drink produced by a small business company located in Gangwon-do, the Republic of Korea. We surveyed about 200 potential customers in Seoul, Gyeonggi-do and Gyeongsangnam-do. Based on the survey result, we present the marketing strategy using the credited methodology, marketing mix(4P).

Microcontroller-Based Improved Predictive Current Controlled VSI for Single-Phase Grid-Connected Systems

  • Atia, Yousry;Salem, Mahmoud
    • Journal of Power Electronics
    • /
    • v.13 no.6
    • /
    • pp.1016-1023
    • /
    • 2013
  • Predictive current control offers the potential for achieving more precise current control with a minimum of distortion and harmonic noise. However, the predictive method is difficult to implement and has a greater computational burden. This paper introduces a theoretical analysis and experimental verification for an improved predictive current control technique applied to single phase grid connected voltage source inverters (VSI). The proposed technique has simple calculations. An ATmega1280 microcontroller board is used to implement the proposed technique for a simpler and cheaper control system. To enhance the current performance and to obtain a minimum of current THD, an improved tri-level PWM switching strategy is proposed. The proposed switching strategy uses six operation modes instead of four as in the traditional strategy. Simulation results are presented to demonstrate the system performance with the improved switching strategy and its effect on current performance. The presented experimental results verify that the proposed technique can be implemented using fixed point 8-bit microcontroller to obtain excellent results.

A Study on Implications of the naval Strategy in West Germany and Future Direction of Korean Navy (냉전기 서독해군 전략의 시사점과 향후 대한민국 해군의 방향성에 관한 연구)

  • Shin, Hong-Jung
    • Strategy21
    • /
    • s.46
    • /
    • pp.159-204
    • /
    • 2020
  • This study is written to bring the proposal forward for the direction of south korean naval force. The political situation and the circumstance of the world, especially in the area of Pacific Ocean, are changing very rapidly. North Korea has been always the conventional existing intimidator for South Korea since the 6·25-War. Additionally, the strengthening movements of the national defense, which is easily noticed from China and Russia, is also an other part of intimidating countries against South Korea. Those three mentioned countries are continually developing the asymmetrical warfare systems, for example a strategic nuclear weapon. Since the Obama Administration, the Asia-Pacific Rebalancing-Strategy has been changed as an East Asian foreign policy. Nowadays, Trump Administration renamed the 'United States Pacific-Command' to 'United States Indo-Pacific Command'. The purpose of this is not only letting India to participate in american alliance, but also reducing an economic burden, which is often mentioned in USA. West Germany was located in the very similar geopolitical position during the Cold War just like South Korea these days. And that's why the strategy of West German Navy is worthy of notice for south korean naval force to decide its suitable strategy. Most of all, the two most important things to refer to this study are the plan to expand naval air force and the realistic political stand for us to take it. In conclusion, I laid an emphasis on maintenance of 'green-water-navy'. instead of selecting the strategy as a 'blue-water-navy'. The reason I would like to say, is that south korean navy is not available to hold the unnecessary war potential, just like Aircraft-Carrier. However, this is not meaning to let the expansion of naval force carelessly. We must search the best solution in order to maintain the firm peace within the situation. To fulfill this concept, it is mostly very important to maintain the stream of laying down a keel of destroyers, submarines and air-defense-missile, as well as the hight-tech software system, taking a survey of 4th industrial revolution. Research and development for the best solution of future aircraft by south korean navy is likewise necessary. Besides, we must also set the international diplomatic flexibly. As well as maintaining the relationship with US Forces, it is also very important to improve the relationship with other potential allied nation.

Epitaxial Self-Assembly of Block Copolymer Thin Film for Nanofabrication

  • Kim, Sang-Ouk
    • Proceedings of the Polymer Society of Korea Conference
    • /
    • 2006.10a
    • /
    • pp.293-293
    • /
    • 2006
  • Self-assembled nanostructures of block copolymer thin films have gathered significant attention due to their potential applications as templates for nanofabrication. However the lack of a robust strategy to control the structure formation in thin film geometries has been considered a major obstacle for the practical application. In this presentation 'epitaxial self-assembly' will be introduced as a successful strategy to control the self-assembled nanostructure of block copolymer. Chemically patterned surfaces prepared by advanced lithographic techniques successfully registered nanodomains in block copolymer thin film without any single defect over an arbitrarily large area.

  • PDF

Low-Resolution Wind Mapping For Estimation of Wind Resource Potential (풍력자원 잠재량 산출을 위한 저해상도 바람지도 구축)

  • Kim, Hyun-Goo;Jang, Moon-Seok;Kyong, Nam-Ho
    • 한국신재생에너지학회:학술대회논문집
    • /
    • 2006.11a
    • /
    • pp.307-308
    • /
    • 2006
  • The national goal of wind energy dissemination has to be determined rationally based on technically available wind resource potential. For a reliable and scientific estimation or wind resource potential, a wind map is requisite. This paper presents the national wind map of Korea established by numerical wind simulation. Prediction accuracy of the low-resolution wind map is Improved by nudging QuikSCAT data and is validated by comparing with marine buoy beacon and met-mast measurements. Therefore, quantification of national wind resource potential is now possible and is anticipating to be utilized as a core index for policy and strategy building of wind energy dissemination and technology development.

  • PDF

The Strategy making Process For Automated Negotiation System Using Agents (에이전트를 이용한 자동화된 협상에서의 전략수립에 관한 연구)

  • Jeon, Jin;Park, Se-Jin;Kim, Sung-Sik
    • Proceedings of the Korea Inteligent Information System Society Conference
    • /
    • 2000.04a
    • /
    • pp.207-216
    • /
    • 2000
  • Due to recent growing interest in autonomous software agents and their potential application in areas such as electronic commerce, the autonomous negotiation become more important. Evidence from both theoretical analysis and observations of human interactions suggests that if decision makers have prior information on opponents and furthermore learn the behaviors of other agents from interaction, the overall payoff would increase. We propose a new methodology for a strategy finding process using data mining in autonomous negotiation system ; ANSIA (Autonomous Negotiation System using Intelligent Agent). ANSIA is a strategy based negotiation system. The framework of ANSIA is composed of following component layers : 1) search agent layer, 2) data mining agent layer and 3) negotiation agent layer. In the data mining agent layer, that plays a key role as a system engine, extracts strategy from the historic negotiation is extracted by competitive learning in neural network. In negotiation agent layer, we propose the autonomous negotiation process model that enables to estimate the strategy of opponent and achieve interactive settlement of negotiation. ANISIA is motivated by providing a computational framework for negotiation and by defining a strategy finding model with an autonomous negotiation process.

  • PDF