• Title/Summary/Keyword: Structural Equation Model (SEM)

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The Role of Customer Values in Increasing Tourist Satisfaction in Gianyar Regency, Bali, Indonesia

  • CEMPENA, Ida Bagus;BRAHMAYANTI, Ida Ayu Sri;ASTAWINETU, Erwin Dyah;PANJAITAN, Feliks Anggia B.K.;KARTINI, Ida Ayu Nuh;PANJAITAN, Hotman
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.553-563
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    • 2021
  • Customer value has long been believed to be a direct trigger for increased tourist satisfaction, but as a mediating variable, it still needs to be proven further. This paper aims to examine the causal relationship between research variables, as well as to examine the role of customer value as a mediating variable in the relationship between service quality, brand quality, tourism products, customer value, and tourist satisfaction with tourists' objects. The population is tourists who visit tourist sites/destinations in the Gianyar Regency on the island of Bali, Indonesia, and the sample size is 270 respondents, selected through random sampling. Structural equation modeling (SEM), a multivariate statistical analysis technique, is used to analyze the causal relationships between variables. The results show that the model is accepted, and customer value is proven to be a positive mediating variable. The results also show that service quality, brand quality, and tourism products have an effect on customer value. This provides insight into the practical implications for tourism managers to increase the brand quality of tourist attractions as well as increase the professionalism and quality of tour guide services. This, in turn, will increase customer value and increase tourist satisfaction.

The Effect of RGEC and EPS on Stock Prices: Evidence from Commercial Banks in Indonesia

  • SHOLICHAH, Mu'minatus;JIHADI, M.;WIDAGDO, Bambang;MARDIANI, Novita;NURJANNAH, Dewi;AULIA, Yoosita
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.67-74
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    • 2021
  • This study aims to examine and analyze the effect of Risk Profile, Good Corporate Governance (GCG), Earnings, Capital (RGEC), and Earnings per Share (EPS) on stock prices with financial distress as an intervening variable. The sampling technique used purposive sampling based on certain criteria and data used was secondary data, that is, annual reports of commercial banks in Indonesia for the period of 2012-2018 with a sample of 23 banks from a total population of 81 banks. This type of research is explanative with a quantitative descriptive approach to describe or explain quantitative data. The data obtained was analyzed using SEM (Structural Equation Model) with the AMOS Program. The results showed that RGEC, EPS, and financial distress affect stock prices. This is based on testing the direct effect as indicated by a p-value that is smaller than 0.05. Based on the mediation test, the results show that financial distress cannot mediate the effect of RGEC and EPS on stock prices as indicated by a p-value greater than 0.05. The implication of this research is very important for investors to analyze stock price changes based on RGEC, EPS, and financial distress to gain profits. In addition, there are various warning signs indicating that a company is experiencing financial distress or it is heading towards such a state. Being aware of these signs can help prevent failure.

The impact on the value perception of brand by experiential marketing to the attitude formation and behavioral intentions on active seniors - Comparing of the level of commitment - (액티브 시니어의 체험 마케팅을 통한 브랜드 가치지각이 태도 형성 및 행동 의도에 미치는 영향 - 몰입 정도에 따른 비교를 중심으로 -)

  • Lee, Sang In;Yu, Jihun
    • Journal of the Korea Fashion and Costume Design Association
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    • v.23 no.4
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    • pp.1-17
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    • 2021
  • This study was examined whether the experiential marketing factors proposed by Bernd Schmitt were applicable to the consumer behavior of active seniors. The study was analyzed the influence of SEMs have on value perception of brand and attitude formation as well as the behavioral intentions of active senior consumers and whether this effect differed between the level of commitment. For empirical analysis, frequency analysis, EFA, reliability, CFA, SEM, and multiple-group comparison analysis were performed. The results showed that sense and feel factor did not have a significant influence on the value perception of brand, while think factor had a positive effect on the value perception of brand. Act factor did not affect the value perception of brand; on the other hand, relate factor had a significant effect on the value perception of brand. The result of structural equation modeling also revealed that the value perception of brand had a positive influence on attitude formation and behavioral intentions. The result of multiple-group comparison analysis confirmed that the influence of act factor on value perception of brand differed according to the level of commitment, but the positive influence of act factor on value perception of brand was limited to the high-level of commitment group. As a result of the influence relate factor had on the value perception of brand, differences existed between the two groups, and the low-level of commitment group had a greater influence than the high-level of commitment group. So it will be effective for active senior consumers to form fashion communities and let them participate in to enhance positive consumer behavior toward fashion brands.

The Impact of Context Congruity, Perceived Advertising Intrusiveness, and Entertainment on Advertising Effect of Branded Advertisement for Mobile Games: Focusing on Chinese Users (모바일 게임 브랜디드 광고의 맥락일치성, 지각된 광고침입성, 광고오락성이 광고효과에 미치는 영향: 중국 이용자를 중심으로)

  • Pei, ChenYang;Chang, Byeng-Hee
    • The Journal of the Korea Contents Association
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    • v.21 no.11
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    • pp.478-489
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    • 2021
  • The mobile game industry is currently on the rise and is one of the major industries. Recently, advertisements among mobile games are aimed at branded content, unlike existing advertising content. In this study, we conduct a study on the advertisement effectiveness of the attributes of branded advertisements under a mobile game environment. Therefore, the impact of context congruity, perceived advertising intrusiveness and entertainment on advertising attitude, brand attitude and purchasing intention was verified through experimental research on Chinese mobile game users in the 10s and 20s. Analysis of the PLS structural equation model showed that context congruity and entertainment had a significant impact on advertising attitude, but did not have a significant impact on brand attitude. Perceived advertising intrusiveness has no significant impact on advertising attitude and brand attitude. Finally, advertising attitude had a significant influence on purchase intention through brand attitude. Through these findings, we discuss the effectiveness of mobile game branded advertisement and present effective brand advertising strategies.

Logistics Service Quality, Customer Satisfaction, and Loyalty During the COVID-19 Pandemic in Vietnam

  • NGUYEN, Xuan Hung;TRAN, Thuy Duong;VU, Phan Hoai Diem;DINH, Yen Chi;DUONG, Thi Mai Huong;THAN, Thi Ngoc Hien;NGUYEN, Trung Hieu
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.299-307
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    • 2022
  • The goal of the study is to examine and assess how the factors of logistics service quality provided by logistics service providers influence customer loyalty and satisfaction in Vietnam. This study employs samples of the Kansei technique. The article's data was gathered through an online survey of 388 distinct Vietnamese customers who used logistics services before and during the Covid-19 outbreak. After the data was obtained, it was evaluated using SmartPLS 3.0's Cronbach's Alpha test and structural equation model (SEM). Staff service quality, operational service quality, and technical service quality are the three factors that determine the quality of logistics services in the study. Out of the 10 proposed hypotheses, research findings show that five are acceptable. The Covid-19 Pandemic in Vietnam had a significant impact on all dimensions, but it had no effect on how satisfied customers were with the logistics service providers. Nevertheless, loyalty is considerably influenced by only one factor, which is customer satisfaction, and customer trust moderates the relationship between these two factors. As a consequence of that, several managerial implications have been proposed to help logistics service providers improve their services to attract and keep Vietnamese customers using their service in the long term.

Free vibration of various types of FGP sandwich plates with variation in porosity distribution

  • Aicha Kablia;Rabia Benferhat;Tahar Hassaine Daouadji;Rabahi Abderezak
    • Structural Engineering and Mechanics
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    • v.85 no.1
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    • pp.1-14
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    • 2023
  • The use of functionally graded materials in applications involving severe thermal gradients is quickly gaining acceptance in the composite mechanics community, the aerospace and aircraft industry. In the present study, a refined sandwich plate model is applied to study the free vibration analysis of porous functionally graded material (FGM) sandwich plates with various distribution rate of porosity. Two types of common FG sandwich plates are considered. The first sandwich plate is composed of two FG material (FGM) face sheets and a homogeneous ceramic or metal core. The second one consists of two homogeneous fully metal and ceramic face sheets at the top and bottom, respectively, and a FGM core. The displacement field of the present theory is chosen based on nonlinear variations in the in-plane displacements through the thickness of the sandwich plate. The number of unknowns and equations of motion of the present theory is reduced and hence makes them simple to use. In the analysis, the equation of motion for simply supported sandwich plates is obtained using Hamilton's principle. In order to present the effect of the variation of the porosity distribution on the dynamic behavior of the FGM sandwich plates, new mixtures are proposed which take into account different rate of porosity distribution between the ceramic and the metal. The present method is applicable to study the dynamic behavior of FGM plates and sandwich plates. The frequencies of two kinds of FGM sandwich structures are analyzed and discussed. Several numerical results have been compared with the ones available in the literature.

A semi-analytical and numerical approach for solving 3D nonlinear cylindrical shell systems

  • Liming Dai;Kamran Foroutan
    • Structural Engineering and Mechanics
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    • v.87 no.5
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    • pp.461-473
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    • 2023
  • This study aims to solve for nonlinear cylindrical shell systems with a semi-analytical and numerical approach implementing the P-T method. The procedures and conditions for such a study are presented in practically solving and analyzing the cylindrical shell systems. An analytical model for a nonlinear thick cylindrical shell (TCS) is established on the basis of the stress function and Reddy's higher-order shear deformation theory (HSDT). According to Reddy's HSDT, Hooke's law in three dimensions, and the von-Kármán equation, the stress-strain relations are developed for the thick cylindrical shell systems, and the three coupled nonlinear governing equations are thus established and discretized as per the Galerkin method, for implementing the P-T method. The solution generated with the approach is continuous everywhere in the entire time domain considered. The approach proposed can also be used to numerically solve and analyze the nonlinear shell systems. The procedures and recurrence relations for numerical solutions of shell systems are presented. To demonstrate the application of the approach in numerically solving for nonlinear cylindrical shell systems, a specific nonlinear cylindrical shell system subjected to an external excitation is solved numerically. In numerically solving for the system, the present approach shows higher efficiency, accuracy, and reliability in comparison with that of the Runge-Kutta method. The approach with the P-T method presented is practically sound especially when continuous and high-quality numerical solutions for the shell systems are considered.

The Effect of Corporate Entrepreneurship on Organizational Effectiveness of Medical Institutions : Mediating Effect of Motivation to Participate in The In-house Innovation & Start-up Contest and Moderating Effect of Support from a Dedicated Organization (사내기업가정신이 의료기관의 조직유효성에 미치는 영향 : 사내 혁신·창업 공모전 참여동기의 매개효과와 전담조직 지원의 조절효과)

  • Jae-Hoon Han;Byung-Jin Park
    • Korea Journal of Hospital Management
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    • v.28 no.3
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    • pp.68-86
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    • 2023
  • Purpose: The purpose of this study is to explore the relationship between corporate entrepreneurship and organizational effectiveness among employees of medical institutions. In addition, we aim to investigate the mediating effect of motivation to participate in the In-house Innovation & Start-up Contest and the moderating effect of support from a dedicated organization. Methodology/Approach: A survey was conducted on participants in the 3rd in-house contest held in 2023 at Granum Sinapis Center of Seoul St. Mary's Hospital. A total of 122 people responded to the survey. The collected data were analyzed PLS-SEM(Partial Least Squares-Structural Equation Model) using SmartPLS 4.0 program. Findings: First, 'Corporate entrepreneurship' had an effect on 'Participation motivation in in-house contest'. Second, 'Corporate entrepreneurship' had an effect on 'Organizational Effectiveness'. Third, 'Participation motivation in in-house contest' mediated the relationship between 'Corporate entrepreneurship' and 'Organizational Effectiveness'. And last, 'Support from a dedicated organization' had no moderating effect on the relationship between 'Corporate entrepreneurship' and 'Organizational Effectiveness'. Practical Implications: Since the dedicated organization is in the early stages of operation, there may be no moderating effect on organizational effectiveness. If follow-up research is conducted after the dedicated organization's system has been supplemented, the moderating effect may appear differently.

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Combined Application Effects of Arbuscular Mycorrhizal Fungi and Biochar on the Rhizosphere Fungal Community of Allium fistulosum L.

  • Chunxiang Ji;Yingyue Li;Qingchen Xiao;Zishan Li;Boyan Wang;Xiaowan Geng;Keqing Lin;Qing Zhang;Yuan Jin;Yuqian Zhai;Xiaoyu Li;Jin Chen
    • Journal of Microbiology and Biotechnology
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    • v.33 no.8
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    • pp.1013-1022
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    • 2023
  • Arbuscular mycorrhizal fungi (AMF) are widespread soil endophytic fungi, forming mutualistic relationships with the vast majority of land plants. Biochar (BC) has been reported to improve soil fertility and promote plant growth. However, limited studies are available concerning the combined effects of AMF and BC on soil community structure and plant growth. In this work, a pot experiment was designed to investigate the effects of AMF and BC on the rhizosphere microbial community of Allium fistulosum L. Using Illumina high-throughput sequencing, we showed that inoculation of AMF and BC had a significant impact on soil microbial community composition, diversity, and versatility. Increases were observed in both plant growth (the plant height by 8.6%, shoot fresh weight by 12.1%) and root morphological traits (average diameter by 20.5%). The phylogenetic tree also showed differences in the fungal community composition in A. fistulosum. In addition, Linear discriminant analysis (LDA) effect size (LEfSe) analysis revealed that 16 biomarkers were detected in the control (CK) and AMF treatment, while only 3 were detected in the AMF + BC treatment. Molecular ecological network analysis showed that the AMF + BC treatment group had a more complex network of fungal communities, as evidenced by higher average connectivity. The functional composition spectrum showed significant differences in the functional distribution of soil microbial communities among different fungal genera. The structural equation model (SEM) confirmed that AMF could improve the microbial multifunctionality by regulating the rhizosphere fungal diversity and soil properties. Our findings provide new information on the effects of AMF and biochar on plants and soil microbial communities.

A Study on the Impact of Transactional Leadership on Job Performance and Job Satisfaction: The Mediating Effect of Job Engagement

  • Eun-Jin Choi;Sang-Chul Lee;Yang-Kyun Kim
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.4
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    • pp.135-143
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    • 2024
  • This study investigates the impact of transactional leadership on job performance(team performance) and job satisfaction, with a focus on the mediating effect of job engagement. This study highlights the significance of contingent rewards and management by exception, components of transactional leadership, in motivating organizational members towards achievement and maintaining high performance levels. Through analysis, this research aims to demonstrate how transactional leadership affects employees' job engagement, subsequently influencing job performance and satisfaction. By understanding the role of job engagement as a mediator, organizations can adjust leadership styles and enhance job engagement, ultimately improving organizational performance and employee satisfaction. The findings suggest a composite approach to leadership, integrating both transactional and transformational elements, is more effective in fostering high job performance and satisfaction among employees. This study provides insights into developing strategies to boost job engagement and optimize leadership practices for better organizational outcomes.