• Title/Summary/Keyword: Women Directors

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Gender Diversity and Financial Stability: Evidence from Malaysian Listed Firms

  • AL-ABSY, Mujeeb Saif Mohsen;ALMAAMARI, Qais;ALKADASH, Tamer;HABTOOR, Ammar
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.181-193
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    • 2020
  • This study examines the relationship between gender diversity (women on the board and women on the audit committee) and a firm's financial stability. The ordinary least square analysis was used to determine the relationship. To measure the financial stability of Malaysian suspect firms, i.e., firms with the lowest positive earnings, the Altman (1993) Z-Score measurement was utilized. The results indicate that women on the board are significantly and negatively associated with the firm's financial stability. That is, they are related to low financial stability, which contradicts the agency and resource dependence theories. Regarding women directors on the audit committee, there is no significant relationship with financial stability, meaning that they cannot protect the company against financial distress. These results are robust and do not change when using different measurements of gender diversity, one-year lag of independent variables, and other methods of analysis, namely random effect panel data. This study is the first to alert policymakers, stakeholders, researchers, and society in general to the need to re-evaluate and strengthen the role of women directors in improving firms' financial stability, particularly in emerging economies like Malaysia.

A Study on Differences of Sanitation Education and Sanitation Knowledge Between Dietitians in School Foodservice And Managers in Commercial Foodservice (학교급식소와 외식업소 관리자의 위생교육 실태 및 위생지식 차이 분석)

  • Park, Sang-Hyun;Jung, Hyeon-A;Bae, Hyun-Joo;Joo, Na-Mi
    • Korean Journal of Community Nutrition
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    • v.14 no.3
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    • pp.306-315
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    • 2009
  • The purpose of this study was to compare the status of sanitation education and sanitation knowledge in school foodservice with commercial foodservice. The survey sample was institutional foodservice directors (n = 88) in A office of education and commercial foodservice directors (n = 81) in B foodservice industry. The questionnaire requested information about demographic information, situation of sanitation education, contents of sanitation education practice, importance of sanitation education, and sanitation knowledge. Data were analyzed using frequencies, means, chi-square test, and t-test. Over half (52.1%) of the respondents were institutional foodservice directors, 47.9% of the respondents were commercial foodservice directors. The majority of institutional foodservice directors were 25-29 years of age (38.6%), over 10 years of working experience (63.6%) and commercial foodservice directors were 25-29 years of age (53.1%), 5-10 years of working experience (35.0%). 66.3% of the respondents were educated food safety once a month, but 8.6% of commercial foodservices were never educated. The majority of the respondents used printing materials (73.3%) or lecture (74.8%). The importance level of institutional foodservice directors about sanitation education was significantly higher than commercial foodservice directors. The average score of institutional foodservice directors' sanitation knowledge was 87.05/100.00. The commercial foodservice directors' sanitation knowledge 67.74 was significantly lower than institutional foodservice directors (p < 0.05). Therefore, there should be a systematic education program designed for commercial foodservice directors.

Awareness of Evaluative Accrediation System of the Heads and Teachers in Childcare Centers (보육시설 평가인증에 대한 보육시설장과 보육교사의 인식)

  • Lim, Yang-Mi;Kim, Hye-Gum;Jeon, Kyung-Sook
    • Journal of Families and Better Life
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    • v.29 no.1
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    • pp.95-109
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    • 2011
  • This study was intended to analyze whether there would be difference in awareness of the Evaluative Accreditation System(the administrative procedures of Evaluative Accreditation, the effect of Evaluative Accreditation, and the preferred public support types for encouraging participation in Evaluative Accreditation) between child-care directors and teachers, and among the types of child-care centers. The questionnaires were administrated to 168 child-care directors and 423 child-care teachers in Gyeonggido. Data analyses were conducted by descriptive statistics, the chi-test and the t-test. The main results were as follows. First, there was significant difference in awareness of the administrative procedures of Evaluative Accreditation among the types of child-care centers. Second, there was difference in awareness of the effect of Evaluative Accreditation on child-care service areas between child-care center directors and teachers, and among the types of child-care centers in terms of child-care services. Third, in terms of the preferred public support for the encouragement of participation in Evaluative Accreditation, there was difference between child-care center directors and teachers, and among the types of child-care centers.

The Effect of Corporate Governance on the Board of Directors' Characteristics and Sustainability Disclosure: An Empirical Study from Thailand

  • JATURAT, Malee;DAMPITAKSE, Kusuma;KUNTONBUTR, Chanongkorn
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.191-201
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    • 2021
  • The objective of this research is to investigate how the board of directors' characteristics influence sustainability disclosures with the mediating effect of corporate governance. The independent variables are the characteristics of the board of directors, which consist of the presence of women on the boards, presence of directors aged over 50 years old, education level, education field, board tenure, and compensation. The dependent variable is sustainability disclosures, which is measured by the GRI standard disclosure, whereas the mediator variable is the CG score. Research samples are 460 companies listed on the Stock Exchange of Thailand (SET). Path Analysis is used to examine the correlation between the board of directors' characteristics, CG score, and GRI standard disclosure. The research findings show that senior boards, the education field, and compensation motivation have an effect on sustainability disclosures, whereas corporate governance is a mediator of the effect of the education field of boards on sustainability disclosures. This finding should help shareholders to choose individuals with suitable characteristics to serve on the board of directors, and, as a result, shareholders should anticipate a profitable result to be generated, while the business of the company is conducted in a sustainable way.

Gender Diversity on Board of Directors and Intellectual Capital Disclosure in Indonesia

  • HERLI, Mohammad;TJAHJADI, Bambang;HAFIDHAH, Hafidhah
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.135-144
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    • 2021
  • This study investigates the impact of gender diversity on the board of directors on corporate intellectual capital (IC) disclosure in Indonesia. For the study purpose, the sample was divided into two sections, i.e., companies with large capitalizations and companies with small capitalizations. A paired T-test was used to observe significant changes in the disclosure level between period and type of firm. Using linear regression analysis, the influence of gender diversity and other variables on IC disclosure was examined. The findings show that IC disclosure varies for large and small companies. The level of IC disclosure in large companies was stronger than in small companies. The results of the multivariate analysis showed that the profitability, leverage, ownership, and type of business of the company significantly affect IC disclosure. For companies with large capitalization, the presence of women directors on corporate boards or gender diversity on corporate boards does not impact IC disclosure. This is because the Indonesia Stock Exchange (IDX) does not insist on IC disclosure. However, for small companies, the existence of gender diversity has a significant effect on IC disclosure. The findings of this study suggest that policymakers and standard makers must consider the inclusion of IC disclosure on the annual report as mandatory.

Board Governance and Bank's Performance: Does Size Matter?

  • ALAM, Atia;ABBAS, Syeda Fizza;HAFEEZ, Ameena
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.817-825
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    • 2020
  • Over the last few decades, corporate frauds have highlighted the significance of corporate governance in deriving firm performance. By using different sample data, extensive research has examined how corporate governance structure influences firm's profitability, but limited research was undertaken on the banking sector of Pakistan. This research adds to the literature by testing how board structure derives bank's performance by using sample data of 19 banks for the period from 2010 to 2017. In addition, the study analyzes the controlling part of size on the link between board governance and bank performance. Findings reveal that banks having small board size, fewer non-executive directors and minimum activity level perform better. Analysis related to bank size illustrates that board size has value in increasing benefits in large size banks in contrast to small size one, while higher participation by board members enhances performance of small size banks more. The correlation results and findings showed that there existed no multicollinearity issue between independent variables. Board size showed positive correlation with the market variable, while board activity tended to correlated negatively with the market performance. Inverse correlation between board size and independent directors indicated that Pakistani banks with greater board size had fewer independent directors.

The Recognition of 'I-Sarang Card Business' for both Childcare Center Directors and Parents and the Improvement Business Strategies (아이사랑카드제도에 대한 어린이집 원장 및 부모의 인식과 개선방안)

  • Lim, Yang-Mi;Kim, Hye-Gum
    • Korean Journal of Child Studies
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    • v.33 no.1
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    • pp.147-164
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    • 2012
  • The purpose of this study was to firstly, analyze how childcare center directors and parents experienced the 'I-Sarang Card Business' and secondly, to evaluate the effects of the business, and thus to suggest the ways to improve business strategies. The subjects consisted of 104 childcare center directors and 304 parents using the 'i-sarang card' in Gyeonggi province. The surveys were administered to the subjects, and the data were analyzed by means of the SPSS 12.0 program. The major results of this study were as follows : After the introduction of the 'I-Sarang Card Business', parents found the payment of childcare fee to be more convenient than previously and evaluated the effects of 'I-Sarang Card Business' to be more positive than the childcare center directors. On the other hand, childcare center directors had difficulties in taking care of 'I-Sarang Card Business' related administration and their evaluations were therefore more negative. Based on these results, several ways to improve the business were suggested.

A Case Study on Childcare Teachers' Facial Expression Language: Focused on the Opinions of Teachers, Directors, and Parents (보육교사의 표정언어에 관한 사례연구: 교사, 원장, 학부모의 견해를 중심으로)

  • Kim, Seon-Ju;Ju, Young-Ae
    • Journal of Families and Better Life
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    • v.32 no.5
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    • pp.107-123
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    • 2014
  • The purpose of this study is to investigate the opinions of teachers, directors, and parents about childcare teachers' facial expression language. We performed in-depth interviews based on literature and previous studies, which consisted of ten childcare teachers, ten directors, and ten parents. From the in-depth interviews, we are able to mainly conclude that all groups think that a childcare teacher's facial expression language is very important, and strongly influences interpersonal problems and work performance. Mostly, childcare teachers aim to have pleasant facial expressions. However they complain that in some situations it is difficult to do so, which causes severe stress. They argued that the facial expressions of both the director of the childcare center and the parents are also very important for children. However, the directors thought that teachers' facial expressions affect children and their parents' impressions of the teachers and quality of childcare. The parents are usually highly satisfied with the childcare when the teacher has a pleasant facial expression, which motivates the parents to have a positive impression of the teacher. Taken together, childcare teachers' facial expression language is critical for children and the childcare environment. Thus, developing an education program for facial expression language would be helpful for improving the quality of child care. Plus, childcare environments should be developed so that teachers do not experience difficulty in having pleasant facial expressions. This result might have the limitation of being collected from only female childcare teachers, directors, and parents.

Funeral Directors Funeral Directors of the curriculum development (장례지도사 교육과정의 개발)

  • Son, Myeong-Dong;Park, Cheon-Gyu;Cho, Woo-Hong
    • Proceedings of the Korea Contents Association Conference
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    • 2013.05a
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    • pp.393-394
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    • 2013
  • 장례지도사는 임종순간부터 시신처리, 유골개장 등 시신에 가장 근접하여 이를 처리하고 관리 및 통제하는 전문인력이다. 미국이나 일본 등은 시신을 다루는 직업 종사자를 국민의 안정과 건강이라는 측면에서 국가 자격제도 혹은 국가공인 자격제도로 관리하고 있다. 이는 일정한 지식과 조건을 갖춘 자격있는 장례지도사가 시신과 관련시설을 전문적인 지식과 기능으로 관리하고 통제함으로써 각종 질병으로 부터 스스로를 보호함은 물론 이를 방문하는 공중의 위생과 건강을 담보하고자 하는 제도적 역할 때문이다. 이에 우리나라도 역시 장례지도사를 국가적 차원에서 관리하고 통제해야 한다고 생각한다. 더불어 우리나라의 문화에 가장 적합한 표준장례지도사 교육과정의 개발이 시급히 요구된다.

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Effect of Child Care Center Director's Work Stress and Servant Leadership on Burnout: The Moderating Role of Organizational Stewardship (어린이집 원장의 스트레스 및 서번트 리더십이 소진에 미치는 영향: 청지기 정신의 조절효과를 중심으로)

  • Kim, Yu Mi;Chung, Hana
    • Human Ecology Research
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    • v.55 no.6
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    • pp.649-659
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    • 2017
  • This study investigated the effect of a child care center directors' work stress and awareness of their servant leadership on burnout. The subjects of this study were 200 child care center directors in Incheon. They responded to 'Work Stress Scale', 'Maslach Burnout Inventory (MBI)', 'Servant Leadership Scale'. There were five subscales of Servant Leadership Scale (altruistic calling, emotional healing, wisdom, persuasive mapping, and organizational stewardship). Data were analyzed by frequency, percentage, mean, standard deviation, Pearson's correlation and hierarchical regression. Moderating effects were examined using analysis procedures of Baron and Kenny. The major results were as follows. First, child care center directors' burnout and work stress were positively correlated. Child care center directors' burnout and awareness of their servant leadership (emotional healing, wisdom, persuasive mapping, and organizational stewardship) was negatively correlated. Second, child care center directors' work stress, emotional healing, persuasive mapping and organizational stewardship affected their burnout. This means that the work stress of child care center directors increases their burnout. However, the child care center director's servant leadership is a factor in reducing burnout. Third, child care center directors' work stress and organizational stewardship had an interaction effect on burnout. The results suggests that child care center directors' organizational stewardship needs to be considered as an important factor for decreasing their own burnout. We also discussed implications and suggestions for future research and policy makers.