• 제목/요약/키워드: bank effect

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대한상공회의소 발간 "UCP 600 공식 번역 및 해설서"상의 문제점과 그 보완에 관한 연구 (Some Problems in the Official Commentary on UCP 600 published by KCCI)

  • 이시환
    • 무역상무연구
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    • 제38권
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    • pp.71-96
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    • 2008
  • Letters of Credit are the most common method of payment for goods in the export trade, and banking practice relating to letters of credit is standardised by the Uniform Customs and Practice for Documentary Credits, which are a set of rules issued by the International Chamber of Commerce. The current version is UCP 600, which took effect on July 1, 2007. To assist the practitioners of Documentary Credits, the KCCI(Koea Chamber of Commerce and Industry) authorised a new publication-Official Commentary on UCP 600. This new publication added the word "official" in the title. In order to being an official commentary, the terms and expression should be correct and unified. But there is some problems in official commentary and legal phraseology. The problem was appeared that ICC UCP 600's were translated into Korean UCP 600 version. For example, "Issuing Bank", "Applicant", "Port of discharge", "A date of pick-up", "Shipper's load and count", "Courier Receipt", "Charter Party", "Bill of Lading", "Cover Note", "Exclusion Clause", "Insurance Certificate", "Declaration, Underwriter". If can be used 'Official Commentary on UCP 600', the above statements should be a compliment though take a wide professional opinions or held a public hearings. The Purpose of this paper is to point out the problems and substitute the term used and unify the expression in official commentary.

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Entrepreneurial Orientation, Access to Financial Resources and SMEs' Business Performance: The Case of the United Arab Emirates

  • ZARROUK, Hajer;SHERIF, Mohamed;GALLOWAY, Laura;EL GHAK, Teheni
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.465-474
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    • 2020
  • This study investigates how financial resources and entrepreneurial orientation (EO) may influence the performance of small- and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). Twenty-seven interviews were conducted and evaluated using the method of GABEK® (A GAnzheitliche BEwältigung von Komplexität - holistic processing of complexity). The research demonstrated that access to financial resources has significantly mediated EO's effect on the SMEs' performance. The study found that financial autonomy, enhanced through both personal financing and availability of external finance sources, plays a central role in supporting the EO dimension of autonomy and enhancing the SMEs' performance. In particular, the other EO dimension of risk-taking is stymied by lack of funds with which to take commercial and market opportunities. However, when an innovation strategy is pursued and adopted, access to finance can be facilitated, either through financial institutions or through other governmental funding programs attracting high potential innovators. Furthermore, financial barriers, difficulties accessing bank financing, and legal issues have a detrimental impact on SMEs' growth. The study has implications for policy-makers in the UAE, specifically in terms of sending a signal for lending institutions to consider strategies that provide access to affordable financial services to satisfy SMEs' needs.

Corporate Governance and Earnings Management: A Study of Vietnamese Listed Banks

  • TRAN, Quoc Thinh;LAM, To Trang;LUU, Chi Danh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.389-395
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    • 2020
  • Earnings management is a matter of concern for organizations because it affects the interests of stakeholders. This reduces the quality of information on financial statements of the organizations when the organization performs earnings management behavior. The objective of the article is to examine the impact of corporate governance on earnings management of all Vietnamese listed banks from 2015 to 2019. The article uses time-series data and ordinary least square (OLS) with Eviews 10.0 software to test the regression model. The agency and asymmetry information theory is used to explain the relationship between corporate governance and earnings management. The study results show that two variables - the foreign members of the board of directors and audit committee - have an opposite effect on earnings management behavior of Vietnamese listed banks. Therefore, the managers of listed banks need to raise awareness to express responsibility for honest and reasonable information on the financial statements. This creates trust and credibility for stakeholders. Moreover, Central bank of Vietnam should monitor regularly and enforce strict sanctions to limit earnings management behavior of listed banks. This contributes to improving the quality of accounting information in the Vietnamese banking sector to meet the trend of international economic integration.

The Nexus between Urbanization, Gross Capital Formation and Economic Growth: A Study of Saudi Arabia

  • KHAN, Uzma
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.677-682
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    • 2020
  • To investigate the nexus between urban population, gross capital formation, and economic growth in the Kingdom of Saudi Arabia, yearly data was collected from the World Bank for the period 1974- 2018. Basic statistics test and correlation matrix was used to investigate the causal effect among the tested parameters, followed by Augmented Dickey-Fuller (ADF) stationary test, co-integration analysis by Johansen test after that Vector Auto-Correction Model for both short-run and long-run and finally the Granger-Causality tests. Result of unit root test analysis shows that the urban population became stationary at I (0) level while economic growth and gross capital formation became stationary at I (1). Johansen co-integration analysis indicates that there is presence of both long-run and short-run relationship between the three variables in the Kingdom of Saudi Arabia. The result of the VECM Model reflects that both economic growth and gross capital formation have a negative impact on urban population in the short run. According to the Granger-Causality tests, there is unidirectional causality with the urban population by both gross capital formation and economic growth. Also, the result of the Granger Causality tests show that there is unidirectional causality between economic growth and gross capital formations.

CAF 이용 다중 발기하에서의 CRLB 성능 분석 (Analysis of CRLB Performances with CAF under Multiple Emitters)

  • 이영규;양성훈;이창복;박영미;이문석
    • 제어로봇시스템학회논문지
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    • 제21권6호
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    • pp.589-594
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    • 2015
  • In this paper, we described the Cramer-Rao Lower Bound (CLRB) performances of Time Difference of Arrival (TDOA) and Frequency Difference of Arrival (FDOA) methods when there are multiple emitters. The TDOA and FDOA values between two receivers can be simultaneously estimated by using the so-called Complex Ambiguity Function (CAF). In the case of multiple emitters, there exist Inter Symbol Interferences (ISIs) in the measurement data. Therefore, it is required to reduce the effect of ISI and provide a performance evaluation method of TDOA and FDOA estimations. In order to eliminate the ISIs, using of a filter bank before calculating CAF is proposed when the carrier frequencies of the emitters are different to one another. Angle of Arrival (AOA) or Received Signal Strength (RSS) methods before calculating CAF were proposed to reduce the ISIs when the carrier frequencies are the same. In order to evaluate the CRLB of TDOA and FDOA estimations, we employed the conditional probability distribution method and described the numerical comparison results.

In Silico Docking Studies of Selected Flavonoids - Natural Healing Agents against Breast Cancer

  • Suganya, Jeyabaskar;Radha, Mahendran;Naorem, Devi Leimarembi;Nishandhini, Marimuthu
    • Asian Pacific Journal of Cancer Prevention
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    • 제15권19호
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    • pp.8155-8159
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    • 2014
  • Background: Breast cancer is the serious health concern in India causing the highest mortality rate in females, which occurs due to uncontrolled cell division and can be metastasize to other parts of the human body. Interactions with estrogen receptor (ER) alpha are mainly responsible for the malignant tumors with regulation of the transcription of various genes as a transcription factor. Most of the drugs currently used for the breast cancer treatment produce various side effects and hence we focused on natural compounds which do not exhibit any toxic effect against normal human cells. Materials and Methods: Structure of human ER was retrieved from the Protein Data Bank and the structures of flavonoid compounds have been collected from PubChem database. Molecular docking and drug likeness studies were performed for those natural compounds to evaluate and analyze the anti-breast cancer activity. Results: Finally two compounds satisfying the Lipinski's rule of five were reported. The two compounds also exhibited highest binding affinity with human ER greater than 10.5 Kcal/mol. Conclusions: The results of this study can be implemented in the drug designing pipeline.

망간모래여과공정에서 망간제거에 미치는 영향인자 (Effect of Experimental Factors on Manganese Removal in Manganese Sand Filtration)

  • 김범수;윤재경;안효원;김충환
    • 상하수도학회지
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    • 제20권1호
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    • pp.86-93
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    • 2006
  • In the drinking water treatment, the aesthetic and color problem are caused by the manganese which is occurring and present in the surface, lake and ground water. The most common treatment processes for removing manganese are known for oxidation followed by filtration. In this study, the manganese sand process was used for removing manganese with river bank filtrate as a source. In the manganese sand process, the residual chlorine and pH are important factors on the continuous manganese oxidation. In addition, space velocity (SV) and alum dosage are play a role of manganese removal. Even though manganese removal increased with increasing chlorine concentration, the control of residual chlorine is actually difficult in this process As the results of tests, the residual chlorine concentration as well as manganese removal were effectively achieved at pH 7.5. The optimum attached manganese concentration on manganese sand was confirmed to 0.3mg/L by the experimental result of a typical sand converting to manganese sand.

Off-Site 패키지형 수소충전소의 FTA 분석 (A Study on FTA of Off-Site Packaged Hydrogen Station)

  • 서두현;김태훈;이광원;최영은
    • 한국수소및신에너지학회논문집
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    • 제31권1호
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    • pp.73-81
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    • 2020
  • For the fault tree analysis (FTA) analysis of the packaged hydrogen filling station, the composition of the charging station was analyzed and the fault tree (FT) diagram was prepared. FT diagrams were created by dividing the causes of events into external factors and internal factors with the hydrogen event as the top event. The external factors include the effects of major disasters caused by natural disasters and external factors as OR gates. Internal factors are divided into tube tailer, compressor & storage tank, and dispenser, which are composed of mistakes in operation process and causes of accidents caused by parts leakage. In this study, the purpose was to improve the hydrogen station. The subjects of this study were domestic packaged hydrogen stations and FTA study was conducted based on the previous studies, failure mode & effect analysis (FMEA) and hazard & operability study (HAZOP). Top event as a hydrogen leaking event and constructed the flow of events based on the previous study. Refer to "Off shore and onshore reliability data 6th edition", "European Industry Reliability Data Bank", technique for human error rate prediction (THERP) for reliability data. We hope that this study will help to improve the safety and activation of the hydrogen station.

Identification of the genes which related cold (low temperature) stress in Bombyx mori

  • Kang, Min-Uk;Choi, Kwang-Ho;Park, Kwan-Ho;Nho, Si-Kab
    • International Journal of Industrial Entomology and Biomaterials
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    • 제33권2호
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    • pp.102-107
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    • 2016
  • Stress may be defined as any modification of environmental parameters that leads to a response by biological organisms. Stresses that affect biolpgical structures may be nonthermal, such as ultraviolet radiation, pH, or salinity, or thermal. Temperture is one of the major stresses that all living organism face. The major effects of cold(low emperature) are decrease of membrane fluidity and the stabilization of secondary structures of RNA and DNA in the cells, which may effect the efficiency of translation, transcription, and DNA replication. In this study, we focus on discovering the genes that are expressed by the cold(low temperature) stress in the silkworm. In cold(low temperature) stress test, we found 100% survive from cold stress at $0^{\circ}C$ up to 12h and $-5^{\circ}C$ up to 2h, and then, survive rate was rapidly decrease in silkworm. Thereafter two whole genes have selected by SSH(Suppression subtractive hybridization). (GenBank accession : GQ149511, GQ338156)

산업연관표를 활용한 기술보안의 경제적 효과 (Economic impact of the technical security utilizing the inter-industry relations table)

  • 임헌욱;심재영
    • 융합정보논문지
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    • 제7권1호
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    • pp.99-106
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    • 2017
  • 그간 기술보호에 관한 연구가 기술유출 방지활동 연구에 집중되어 있고, 기술보호 활동이 투자로만 인식하고 있어서 보안관련 인력채용과 장비설치에 소극적인 실정이다. 이에 기술유출시 발생하는 피해금액을 수익으로 간주하고, 산업연관표를 활용하여 기술보호 활동이 국내 경제에 미치는 효과를 찾고자 하였다. 산업연관표는 바실리 레온티예프에 의해 시작되었으며, 국내는 한국은행에서 1960년 처음으로 작성되었고 국내 기술보호관련 경제성 연구는 2001년 정보보호관리체계(ISMS) 인증도입 후 연구가 진행되었다. 본 연구를 통해 기술보호가 투자가 아닌 수익으로 인식전환 되길 바란다.