• Title/Summary/Keyword: Values and Practices

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The Foundation of a Fair Mudarabah Profit Sharing Ratio: A Case Study of Islamic Banks in Indonesia

  • RYANDONO, Muhamad Nafik Hadi;KUSUMA, Kumara Adji;PRASETYO, Ari
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.329-337
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    • 2021
  • This research aims to expose the Islamic perspective on the concept of justice on the Mudarabah contract's profit-sharing ratio. In certain verses in Al-Qur'an, Islamic values in Muamalah, the rules dictated by the Qur'an and its practices, and explanations rendered (more commonly known as Sunnah) by the Prophet Muhammad (pbuh) and Sahabah (the companions of the Prophet Muhammad), and Fiqh Axiom (rules) in Muamalah (Islamic jurisprudence), are used as the instruments of sharia to achieve the study objective. Islamic monetary establishments in Indonesia are still not in full consistency with the Shariah principles, significantly as far as satisfying equity and justice by Islamic banks in mudarabah contract (with clients). The ignominy is the nisbah (ratio) between the capital proprietor and the capital director. There are models or propositions to decide the benefit (profit)-sharing proportion. Nevertheless, none of them explains or specifies the possibility of equity/justice in the profit-sharing ratio. This research utilizes an explorative and subjective methodology that contributes to the philosophical premise of deciding the profit-sharing fairness. The elements of a just ratio for the Mudharabah contract are mutual willingness, the existence of negotiation, and the level of advantages and risks of the labor.

Does Lean Inventory Lead to Firm Performance? An International Comparison between the US and Japanese Manufacturers

  • Roh, James Jungbae;Lee, Jooh
    • Journal of Distribution Science
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    • v.11 no.7
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    • pp.23-30
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    • 2013
  • Purpose - The study attempts to investigate the relationship between inventory management and firm performance using a multi-dimensional aspect of inventory management with respect to lean management practices across countries. Research design, data, and methodology - 1643 manufacturing firms from Japan and the US that SIC ranges from 2000 to 3999 were chosen to conduct the empirical test. This study employs hierarchical OLS regression analysis to examine the impact of control variables, ABI, EBI, and the interaction between ABI and EBI on firm performance. Results - The result indicates that in Japan high level of inventory negatively influences the accounting flows of business, while US manufactures exhibit strong positive impact of ELI on firm performance across accounting and market measures. The results show that the complementarity between the amount and the speed of inventory does exist. Except for Tobin's q, the sign of interaction term coefficient is negative, suggesting that when the amount of inventory increases and it stays longer in a firm, market values, ROS, and ROA suffers. Conclusions - The major finding of this study is that there exist some complementarities between the scope and implication of inventory management for lean strategy across countries, particularly in U.S. and Japanese firms.

Potential soil loss evaluation using the RUSLE/RUSLE-runoff models in Wadi Saida watershed (N-W Algeria)

  • Cherif, Kessar;Yahia, Nasrallah;Bilal, Bilssag
    • Advances in environmental research
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    • v.9 no.4
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    • pp.251-273
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    • 2020
  • Soil degradation has become a major worldwide environmental problem, particularly in arid and semi-arid climate zones due to irregular rainfall and the intensity of storms that frequently generate heavy flooding. The main objective of this study is the use of geographic information system and remote sensing techniques to quantify and to map the soil losses in the Wadi Saida watershed (624 ㎢) through the revised universal soil loss equation model and a proposed model based on the surface erosive runoff. The results Analysis revealed that the Wadi Saida watershed showed moderate to moderately high soil loss, between 0 and 1000 t/㎢/year. In the northern part of the basin in the region of Sidi Boubkeur and the mountains of Daia; which are characterized by steep slopes, values can reach up to 3000 t/㎢/year. The two models in comparison showed a good correlation with R = 0.95 and RMSE = 0.43; the use of the erosive surface runoff parameter is effective to estimate the rate of soil loss in the watersheds. The problem of soil erosion requires serious interventions, particularly in basins with disturbances and aggressive climatic parameters. Good agricultural practices and forest preservation areas play an important role in soil conservation.

Characteristics of Nursing and Caring Concepts Measured in Nursing Competencies or Caring Behaviors Tools (간호 역량 또는 돌봄 행위 측정도구를 통해서 살펴본 간호와 돌봄의 특성)

  • Park, Eun-Jun;Kim, Myung-Hae
    • Journal of Korean Academy of Nursing Administration
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    • v.22 no.5
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    • pp.480-495
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    • 2016
  • Purpose: The purpose of the study was to identify characteristics of nursing and caring concepts measured by nursing competencies or caring behaviors tools for general nurses working in acute care hospitals. Methods: Five major nursing literature databases were used to identify the relevant tools. The study included 19 nursing competencies tools with a total of 843 measurement items and 12 caring behaviors tools with 334 items. According to the International Council of Nurses (ICN)'s Competencies Framework and 8Cs suggested by Roach (1987) and Pusari (1998), the measurement items were classified by two researchers independently first and in agreement finally. Results: Competency of 'key principles of care' including sub-areas of the ICN Framework was most commonly found: on average 49.3% of nursing competencies items and 91.9% of caring behaviors items. 97.0% of the caring behaviors items were classified into one of six Cs: competence (27.5%), confidence (21.3%), compassion (17.1%), commitment (16.5%), communication (9.9%), or conscience (4.8%). Conclusion: Nursing competencies tools were more likely to measure 'what to do' focusing on tasks, while caring behaviors tools were to measure 'how to do' focusing on nurses' attitudes or values. Nursing practices should be evaluated with both nursing competencies and caring behaviors tools, considering that nursing and caring were differently conceptualized in the quantitative tools.

Two Paths of Korea's Clustering: Centralized De-concentration and Regionalized Concentration

  • Lee, Shi-Chul
    • World Technopolis Review
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    • v.1 no.2
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    • pp.129-140
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    • 2012
  • This paper presents, from a broad perspective, the manner in which various types of clusters and options for regional development have evolved in Korea over the past decade, with particular emphasis on who have taken initiative in establishing the clusters. Characterized by not only progress but also setbacks, two distinctive patterns have emerged: centralized de-concentration and regionalized concentration. Both the Korean government and numerous localities have continuously extended efforts to create different clusters, technology parks, special districts, etc. In many cases, local or regional governments have competed intensely for clusters to be located in their jurisdictions; in particular, concerted efforts to convince national governments to set up special districts have been witnessed. On the other hand, major localities have made their own efforts to generate large- and small-scale clustering projects. It remains to be seen how different outcomes or effectiveness these two approaches will make in the future. Following the review of relevant literature and practices, I examine the well-known national campaign and projects in the previous administration in Korea in the context of 'de-concentration' of economic values and resources. Thereafter, other cases initiated mostly by local governments are discussed; some of these clustering efforts and regional projects have fared well thus far, but some haven't. In the case of Daegu, the progress of some critical projects, such as the Daegu Technopolis and a Free Economic Zone, is elaborated.

Network Arrangements Underlying Strategic Corporate Social Responsibility: Findings from Globalized Cyberspace and Lessons for Asian Regions

  • Choi, Jin-A;Park, Sejung;Lim, Yon Soo;Nam, Yoonjae;Nam, Inyong;Park, Han Woo
    • Journal of Contemporary Eastern Asia
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    • v.20 no.2
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    • pp.19-34
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    • 2021
  • The purpose of this study is to introduce a synergetic configuration of stakeholders, especially government and university, into the corporate social responsibility strategy. The alignment of a company's CSR efforts with its business practices and values must be communicated strategically for effective and successful business outcomes. Therefore, the proposed process of CSR evaluation takes into account the three helices of the Triple-Helix perspective, university, industry, and government (UIG), and investigates how involvement in the Triple Helix actors influence corporations with CSR initiatives. Specifically, whether the public's awareness of a corporation's CSR activities is heightened by the concurrent support of the three helixes will be examined. We propose a methodology that enables corporations to determine effective levels of integration with government and educational institutions. The intensity of Triple-Helix indicators will be examined.

The Effect of Dyadic Social Intrapreneurship and Organizational Transformation on Competitive Advantage

  • DARYONO, Daryono;WAHYUDI, Sugeng;SUHARNOMO, Suharnomo
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.315-324
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    • 2021
  • The study aims to investigate new theoretical approaches in an effort to resolve conceptual contradictions regarding the impact of organizational culture on developing culture for change, first by providing socio-structural frameworks supporting intrapreneurship, and second through encouraging professional culture behavior with management practices or organizational members acting as agents of change forming a deeper culture of values and behavior. The design of this research is quantitative. This study employs survey data of managers and section heads, which met the sampling requirements. Data analysis in this research used structural equation modeling (SEM) with the help of the AMOS program. The results show that all hypotheses are supported. The findings of this study suggest that the organizational culture transformation and dyadic social intrapreneurship based on professional culture (DSIBPC) have significant positive influence as antecedents of competitive advantage. This research also shows that DSIBPC is able to act as an important mediator that fills a gap in the relationship between organizational culture transformation toward competitive advantage, as well as being an alternative strategy for organizations in an effort to increase their competitive advantage. Referring to the results of this research, organizations need to focus and pay attention to the DSIBPC.

Intension to Use Mobile Banking: An Integration of Theory of Planned Behaviour (TPB) and Technology Acceptance Model (TAM)

  • Amrutha Sasidharan;Santhi Venkatakrishnan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.18 no.4
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    • pp.1059-1074
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    • 2024
  • The paper is an attempt to study the individual's intention to use mobile banking. In light of the results obtained from the study, the proposed model offers a better fit with the data and explains the intention of individuals to use mobile banking services. Government support, trust, and compatibility significantly contribute to the Perceived behavioral control of a bank customer to use mobile banking while Perceived ease of use, Perceived usefulness, Security and privacy, and risk have a significant positive impact on the attitude of the individuals to utilize mobile banking service. The study uses primary data and the final instrument was administered to 950 respondents, across the country of which 904 data were used for the analysis after editing to accommodate the missing values. The study has adopted structural equation modeling approach to analyze the relationships between the variables in the study. The proposed framework in this study can be utilized to identify the factors that promote the adoption of mobile banking practices and the study also has the potential to provide updated and comprehensive literature on mobile banking, which can accelerate future research in this field.

A Study on Nature Resource Management System for Ecotourism Practices (생태관광 실천을 위한 자원관리시스템에 관한 연구 -일본 이리오모떼섬을 대상으로-)

  • Kim, Hyun;Kaizu, Yurie
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.5 no.6
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    • pp.64-71
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    • 2002
  • This study aimed to provide data for establishment of resource management system of Iriomote Island in Okinawa Japan. Nature resource management system of Iriomote Island can be categorized into eight stages which are equivalent to regional development stages. 1) Networking among local people, tourists, researchers, tour operators and government authorities enhanced collection of resource data. 2) On the early stage, resource data were available only to researchers and government authorities. From the third stage of this system, however, local people were also involved in resource investigation, so they became to well recognize the values of their local resources. 3) On the sixth stage, data on unfamiliar local resources and attractions became to be known to people by real-time data collection and data provision services. The tourist number gradually increased and their visitation patterns were dispersed into different sites and seasons. In addition, some tourists also participated in resource investigation and they were likely to visit the place again. 4) To achieve successful ecotourism development, it is necessary to establish a management system with a feed-back process to identify, evaluate, use and protect the resources.

Effects of No-tillage Dry-seeding on Rice Growth and Soil Hardness

  • Choi, Jong-Seo;Kim, Sook-Jin;Park, Jeong Hwa;Kang, Shingu;Park, Ki-Do;Yang, Woonho
    • Korean Journal of Soil Science and Fertilizer
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    • v.49 no.6
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    • pp.662-668
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    • 2016
  • No-tillage dry-seeding of rice can offer potential benefits by reducing time and labor cost compared with conventional tillage practices. This study was conducted to investigate the effects of no-tillage dry-seeding on rice growth and soil hardness in comparison with other rice cultivation methods, machine transplanting and wet-hill-seeding on puddled paddy. The seedling stand fell within optimum range for both no-till dry-seeding and wet-hill-seeding on puddled paddy. Plant height, number of tillers and SPAD values in no-tillage dry-seeding cultivation were higher than those observed in other methods. There were no significant differences in grain yield of rice among three cultivation methods. The quality characteristics of milled rice grown in no-tillage dry-seeding were similar to those grown in other cultivation methods. Soil hardness in top 10 cm depth was significantly higher in no-tillage dry-seeding than other cultivation methods, while soil hardness below 10 cm depth was highest in machine transplanting cultivation. Results indicate that no-tillage dry-seeding practice is comparable to conventional tillage system in terms of seedling establishment, growth, yield and grain quality.