• 제목/요약/키워드: Stakeholder Management

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Non-Controlling Interests and Proxy of Real Activities Manipulation in Stakeholder-Oriented Corporate Governance

  • FUJITA, Kento;YAMADA, Akihiro
    • The Journal of Asian Finance, Economics and Business
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    • 제9권10호
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    • pp.105-113
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    • 2022
  • The purpose of this paper is to analyze the relationship between the ratio of non-controlling shareholder interests (minority equity ratio, MER) and the measurement error in real activities manipulation (RM) proxy for Japanese firms. Many Japanese firms have practiced stakeholder-oriented corporate governance systems. Previous studies suggest that the higher the MER, the more Japanese businesses tend to employ management techniques for the group's sales growth while also reallocating resources inside the group to reduce principal-principal conflicts. Such differences in management strategies by firms could lead to measurement error in the RM proxy. The analysis uses 16,450 firm-years listed on the Tokyo Stock Exchange. The results of our analysis show that there is a positive relationship between MER and the RM proxy, and high persistence of RM proxies, suggesting that the RM proxies may contain measurement error. We also find that MER is correlated with variables associated with management strategy and that controlling for these variables can reduce the measurement error of RM proxy in firms with large MER. This study extends previous research on measurement error in RM proxy by relating them to ownership structure and corporate governance. This paper would contribute to researchers examining issues related to RM.

Communication-Centered Project Management for Requirements Definition Phase

  • Ishii, Nobuaki;Muraki, Masaaki
    • Industrial Engineering and Management Systems
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    • 제11권1호
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    • pp.39-47
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    • 2012
  • Requirements definition, which determines a project baseline, has a strong impact on the success of a project. However, since in-depth requirements are gradually revealed through the requirements definition process, the requirements definition is not a straight forward process and often falls into disorder. Thus project management standpoints are critical for the success of the requirements definition. In this paper, we present a framework and mechanisms of communication-centered project management, which controls the requirements definition process based on the situation of communication-oriented activities among stakeholders. In addition, we present a communication-centered project plan with a planning method. The project plan, which represents a time schedule of requirements definition activities, is made by a simulation-optimization algorithm using a stakeholder matrix showing the relations of requirements domains and relevant stakeholders. The effectiveness and the significance of communication-centered project management at the requirements definition phase are demonstrated by numerical examples.

도시재생사업에서의 갈등사례 유형 분석 (Analysis of Conflict Cases in Urban Regeneration Projects)

  • 이슬기;권해림;유정호
    • 한국건설관리학회논문집
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    • 제10권6호
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    • pp.78-87
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    • 2009
  • 대규모의 다수 프로젝트가 동시에 장기간에 걸쳐 이루어지는 도시재생사업은 넓은 수행범위와 사업의 다양성, 복합성에 기인한 불확실성을 가지고 있으며 다수의 관련주체들 간 이해관계의 복잡성으로 인해 사업 생애주기 동안 갈등의 발생은 필연적이고 그 사안의 성향 및 크기 또한 다양하다. 따라서 사전에 위험을 인지하고 적절하게 대응하는 적극적인 갈등관리가 절실히 필요하다. 따라서, 본 연구는 관련주체들이 사전에 발생 가능한 갈등을 인지하여 이에 대한 대비책 모색에 참조할 수 있도록 하며, 이러한 정보들을 사용자가 사용목적에 맞게 활용할 수 있도록 도시재생사업의 단계별, 주체별 갈등사례들을 유형화하고 주요 갈등유형을 제시 해보고자 한다.

Social, Ethical, and Moral Issues in Smart Tourism Development in Destinations

  • Pan, Bing;Lin, Michael S.;Liang, Yun;Akyildiz, Ayse;Park, So Young
    • Journal of Smart Tourism
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    • 제1권1호
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    • pp.9-17
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    • 2021
  • Smart tourism research and development have mainly focused on the benefits of smart tourism technologies to certain stakeholders with transactional relationships in destinations. However, smart technologies in destinations could also cause several negative outcomes, leading to social, ethical, and moral issues. Such issues arise from the power imbalance between different stakeholders of smart tourism development. To mitigate the adverse effects of smart technologies, destinations need to enunciate the essential moral and ethical principles when developing smart tourism. Therefore, adopting descriptive and normative approaches to stakeholder theory, this paper proposes a framework to showcase several methods to address the issues.

Easier Set Than Done: Stakeholder Engagement as Public-Private Partnership in Regulatory Policy of South Korea

  • LEE, JONGYEARN
    • KDI Journal of Economic Policy
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    • 제41권3호
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    • pp.39-75
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    • 2019
  • An emphasis on public-private partnership (PPP) in the regulatory policy process can overcome the challenges hindering regulatory effectiveness with the emergence of fast developing technologies and new industries. This study attempts to evaluate quantitatively different aspects of institutional settings of South Korean regulatory policy in terms of stakeholder engagement as PPP, using evidence-based data released by the OECD. From the results of the principal component analysis, South Korea can be evaluated as being at a very good level overall in its institutional establishment. Nevertheless, the fact that the outcome of regulatory reforms in South Korea is still insufficient compared with this well-established system suggests that the country should concentrate on improving system operation. Consequently, this study makes policy suggestions to improve regulatory effectiveness through PPP by supplementing the facets that are well-equipped but not feasible with respect to regulatory policy cycle, regulatory governance, regulatory method, and conflict resolution.

사용자 중심의 의료기기 광고를 위한 기술문서 심사 변경의 새로운 정책 연구 (A New Policy Study on Technical Document Review Changes and User-Centric Medical Device Advertising)

  • 안대익;류규하
    • 대한의용생체공학회:의공학회지
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    • 제42권1호
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    • pp.7-17
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    • 2021
  • In the case of domestic medical device advertisements, it is possible to proceed with the advertisement after medical device certification, and pre-deliberation is possible based on the medical device technical document. However, there are some medical device advertisements that stakeholders in administrative procedures have no choice but to misunderstand in customs and laws that do not consider users. In addition, medical equipment and the pre-deliberation system were judged to be unconstitutional, and unconstitutional decisions were made in accordance with the principle of prohibiting pre-censorship based on the Constitution. This is because in domestic medical device advertisements, structural contradictions and user damage occur in the central structure of each stakeholder. It is necessary to reestablish stakeholder relationships, increase water solubility from customs and laws, and seek new policy proposals. In this study, we reestablish relationships with stakeholders by applying the Autopoiesis theory, and present the grounds and directions that can prevent hype and misidentified advertisements through the establishment of user-centered policies, and the measures to be taken by the Constitutional Court unconstitutional decision.

개인의 건강정보 제공의도에 영향을 미치는 요인: 프라이버시 계산 관점에서 (Factors Affecting an Individual's Intention to Disclose Personal Health Information: From Privacy Calculus Perspective)

  • 정의선;이상철;서영호
    • 품질경영학회지
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    • 제46권4호
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    • pp.877-898
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    • 2018
  • Purpose: This study empirically examines the effect of Communication Privacy Management(CPM) factors and Privacy Calculus factors to the intention to disclose Personal Health Information(PHI) in the context of healthcare ecosystem. Also, it investigates the moderating effects of CPM factors in the relationship between privacy calculus variables and the intention to disclose PHI. Methods: We conducted scenario-based repeated-measures quasiexperiment and used total 364 samples for analysis. Confirmatory factor analysis and repeated-measure ANOVA were employed using SPSS 24.0. Results: All CPM factors, such as type of information, requesting purpose, and requesting stakeholder, directly influence to the intention to disclose PHI, whereas only the medium trust out of the Privacy Calculus factors has direct influence on the intention to disclose PHI. With regard to the moderating effects, the requesting stakeholder is the most influential and the information type is the least influential construct. Conclusion: The findings suggest that healthcare system should be designed to provide more definite and personalized benefits to customers to enhance social and individual benefits by getting more participation from customers. Also, it is desirable that the requesting stakeholder of PHI would be non-profit organizations such as hospital, government or public agencies to secure more willingness of PHI from people. Furthermore, it is implied that extensive information gathering and utilization, instead of excluding sensitive information or critical patients' records, is recommended which is substantial to invigorate the healthcare industry.

FACTORS AFFECTING THE SUCCESS/FAILURE OF ROAD INFRASTRUCTURE PROJECTS UNDER PPP IN INDIA

  • Nallathiga, Ramakrishna;Shaikh, Haris D;Shaikh, Tauseef F;Sheik, Farhan A
    • Journal of Construction Engineering and Project Management
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    • 제7권4호
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    • pp.1-12
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    • 2017
  • India has accorded a high priority to road infrastructure development through Public-Private Partnership (PPP) and it has set a high target for investment inflows. Yet, it is widely held that road/highway infrastructure has not been developing at required pace and that the road infrastructure projects under PPP have been suffering from several hurdles and delays, thereby affecting project success/failure. This paper is an attempt to analyze the critical success/failure factors of road infrastructure projects under PPP in India. A questionnaire survey was conducted among a sample of the stakeholders of road infrastructure projects to identify the critical success/failure factors during all four major project stages using different approaches. Initially, the critical factors were identified through ranking based on the average/mean score. Later, the conventional RII score was used to identify the critical success/failure factors. Finally, the critical success/failure factors were also identified based on the stakeholder-wise ranking of the factors and their convergence. The assessment revealed that there was a greater convergence across the different methods and also that there was greater consensus among project stakeholder on the critical success/failure factors of road PPP projects.