• Title/Summary/Keyword: board

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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.

Comparing the Behavioral Patterns and Psychological Characteristics of Web Board Gamers and Gamblers

  • Han, Jiwon;Seo, Yeseul;Lee, Choognmeong;Han, Doug Hyun
    • Psychiatry investigation
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    • v.15 no.12
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    • pp.1181-1187
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    • 2018
  • Objective In Korea, online board games, such as "flower cards," are played using virtual money. In contrast, Internet-based gambling (ibGambling) concerns the use of real money to gamble online. We hypothesized that online board gamers using virtual money show less risky behaviors than do gamblers who use real money, and that, in regard to psychological aspects, online board gamers are less depressed and more introverted than online gamblers are. Methods For this study, 100 online board gamers, 100 ibGamblers, 100 offline gamblers (offGamblers), and 100 age- and sex-matched healthy controls were recruited by an online research company. Gambling behavior and self-efficacy were assessed using the Korean Gambling Behavior Scale-high/low factors (KGBS-H/L) and the Gambling Abstinence Self-efficacy Scale (GASS). Additionally, introversion, depression, and mania tendency were assessed. Results Online board gamers had good intentions gaming, as evidenced by their higher KGBS-L scores than ibGamblers and offGamblers, and they showed less risky behaviors, as evidenced by their lower KGBS-H scores than offGamblers. Additionally, online board gamers were less introverted than ibGamblers and less depressed than offGamblers. Conclusion Online board gaming could be a gateway to the world of gambling (ibGambling or OffGambling). However, the higher tendency of online board gamers to engage in good intentioned gaming could help prevent online board gaming from progressing to online or offline gambling.

The Influence of Board Ownership on Bank Performance: Evidence from Saudi Arabia

  • HABTOOR, Omer Saeed
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1101-1111
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    • 2021
  • The current study aims to investigate the influence of different categories of ownership held by different types of board members on bank performance. The study uses a sample of Saudi listed banks for the period from 2011 to 2018. The results of the panel data analysis using firm fixed-effects regression model indicate that bank performance is significantly and positively affected by the chairman ownership and the CEO ownership. However, board independent members' ownership has a negative influence on bank performance. While non-executive board members' ownership and family board members have an insignificant impact on bank performance. Control variables, including board size, non-executive board members, government ownership, leverage, and bank size are significantly associated with bank performance. Overall, the results indicate that Saudi bank performance is higher in smaller banks that have smaller boards with lower non-executive members, lower portion of shares held by independent board members, higher portion of shares held by the chairman, CEO, and government, and higher leverage. The results of this study provide important implications for regulatory authorities and market participants in Saudi Arabia and countries with ownership concentration to understand the actual role of different categories of board ownership on firm performance in addition to optimize board ownership.

A Case Study on the Debonding Defect of Wood Floor Board in Apartment House (공동주택 바닥 목재 마루판 들뜸 하자 사례조사 연구)

  • Choi, Sung-Yong;Han, Min-Cheol;Han, Cheon-Gco
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.914-917
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    • 2008
  • This paper was to discuss the case and cause of debonding defect of wood floor board in apartment house by investigating actual survey. Most frequent defect in wood floor board was debonding of floor board. Scratch, gap and crack of floor board were also found in floor board installment work. Causes of debonding of floor board is shrinkage of cement mortar beneath floor board and expansion of floor board. Haste in floor board work did not provide enough time to dry cement mortar fully, which led to continue to dry after the installment of floor board. It caused moisture movement toward wood floor board. Accordingly, Before floor board work, careful consideration on moisture condition of cement mortar and enough curing time to eliminate the effect of moisture are taken into.

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Bisphosphonates-related osteonecrosis of the jaw in Korea: a preliminary report

  • Lee, Jeong Keun;Kim, Kyung-Wook;Choi, Jin-Young;Moon, Seong-Yong;Kim, Su-Gwan;Kim, Chul-Hwan;Kim, Hyeon-Min;Kwon, Yong-Dae;Kim, Yong-Deok;Lee, Dong-Keun;Min, Seung-Ki;Park, In-Sook;Park, Young-Wook;Kook, Min-Suk;Park, Hong-Ju;Baek, Jin-A;Park, Jun-Woo;Kwon, Tae-Geon
    • Journal of the Korean Association of Oral and Maxillofacial Surgeons
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    • v.39 no.1
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    • pp.9-13
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    • 2013
  • Objectives: Bisphosphonates (BP) are widely used in medicine for inhibiting bone resorption; however bisphosphonate-related osteonecrosis of the jaw (BRONJ) is a major side effect of BP. To date, there have been no specific reports on the incidence of BRONJ among Koreans. This study investigated the preliminary results from a nationwide survey of BRONJ in the Departments of Oral and Maxillofacial Surgery (OMFS) at individual training hospitals. Materials and Methods: A total of 15 OMFS departments (10 from dental schools, 4 from medical schools, and 1 from a dental hospital) participated in a multi-centric survey. This study assessed every BRONJ case diagnosed between January 2010 and December 2010. The patient age and BP type were evaluated. Results: A total of 254 BRONJ cases were collected. The majority of BRONJ cases were associated with oral BP therapy, while 21.8% of the cases were associated with intravenous administration. Alendronate was the drug most frequently related to BRONJ (59.2% of cases), followed by risedronate (14.3%) and zolendronate (17.0%). The average age of BRONJ patients was $70.0{\pm}10.1$ years, with a range of 38-88 years of age. With the number of BP patients in Korea reported to be around 600,000 in 2008, the estimated incidence of BRONJ is at least 0.04% or 1 per 2,300 BP patients. Conclusion: The results suggest that the estimated incidence of BRONJ in Korea is higher than the incidence of other countries. Future prospective studies should be carried out to investigate the exact epidemiological characteristics of BRONJ in Korea.

The Kinematics Analysis of Round-off at end of Beam-salto Backward Stretched with Step-out to Cross on Balance Beam (평균대 도움 짚고 몸 펴 뒤 공중 돌아 오르기 동작에 대한 운동학적 분석)

  • Kim, Young-Ran
    • Korean Journal of Applied Biomechanics
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    • v.13 no.3
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    • pp.99-116
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    • 2003
  • The purpose of this study was to kinematics factors on during round-off at end of beam-salto backward stretched with step-out to cross on balance beam. Four elite female gymnastics players participated as subject of this study. The methods of this study was analyzed using three dimentional analysis. The results and conclusion of this paper is obtained as follows ; 1. The phase of time was the most short time in board touch down phase and board take-off phase. Also, it was shown a more long time in total time compared to previous study. 2. The horizontal displacement of each phase was shown the most high levels in balance beam landing. The vertical displacement was display a non-linearity increase in board take-of phase, and it was shown the most high levels in vertical displacement during landing of balance beam. 3. The horizontal velocity of each phase was shown the most high levels in board touch down, and it was display a gradually decreased levels because flight during board take-of. The resultant velocity of CG on each phase was shown the most high levels in board touch down and board take-off. 4. The angle of hip joint was shown the most high levels as performed a motion in extension state during board take-off, and the angle of knee joint was display a increased levels because of flight cause body extension in board take-off. Also the angle of ankle joint was shown a increasing levels during board take-off. Considering to this results, it is suggest that the change of kinematics factors in board touch down and board take-off is key role on the effective board control.

Board of Directors Attributes and Sustainability Performance in the Energy Industry

  • GARDAZI, Syeda Saba Nazir;HASSAN, Ahmad Fahmi Sheikh;JOHARI, Jalila Binti
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.317-328
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    • 2020
  • The board of directors play an important role in corporate climate strategy-making and decisions but might also compromise environmental policies to minimize agency cost. This study critically investigates the relationship between the attributes of the board of directors and the degree of sustainability performance for the energy sector as discussed in the literature. Our study cumulates existing knowledge offering important characteristics for a balanced board structure to increase the board's effectiveness in adopting sustainable initiatives that could reduce the adverse impact of an energy corporation's operation on the environment. Crucial attributes of the board of directors deemed to be positively associated with the commitment to reduce carbon footprint in the environment have been identified. Based on our extensive analysis of the literature we propose a conceptual framework that measures the influence of the board of directors' attributes on corporate environmental and social sustainability performance. The proposed framework will be useful as an initial step for top management and regulators to gain a better understanding of the balanced board structure required to achieve the social and environmental sustainability performance of corporations. Further, this paper contributes to a body of knowledge about how the board of directors could play a crucial role in monitoring social and environmental threats.

Corporate Board Attributes and Dividend Pay-out Policy: Mediating Role of Financial Leverage

  • TAHIR, Hussain;MASRI, Ridzuan;RAHMAN, Mahfuzur
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.1
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    • pp.167-181
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    • 2020
  • The relationship between corporate board attributes and dividend payout is already established yet mediating role of leverage in not been examined in Malaysian market. Therefore, this study aims to examine the mediating effect of financial leverage on the relationship between corporate board attributes and the dividend pay-out policy. A sample of 203 non-financial firms listed on the BURSA Malaysia between 2005 and 2018 were analysed using SmartPLS 3.0. The findings show that there is a partial mediating effect of financial leverage on the relationship between board members age, board diversity and dividend pay-out policy. Financial leverage also mediates the relationship between number of women on board, CEO-duality and dividend pay-out policy. However, financial leverage doesn't mediate the relationship between board size and dividend pay-out policy. This study offers insights to policy-makers to develop a better corporate governance as well as a guidance to firms in the construction and implementation of their corporate governance policies in relation to financial leverage. This study also shed light on the influence of efficient corporate board attributes on dividend pay-out policy and financial leverage for firm growth. This study concludes that corporate board attributes impact capital structure and thus, firms may change its payout policy.

Studies on Properties of Com-Ply Board and Oriented Strand Board (Com-Ply Board와 Oriented Strand Board(OSB)의 재질 비교에 관한 연구)

  • Park, Heon
    • Journal of the Korean Wood Science and Technology
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    • v.22 no.3
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    • pp.17-25
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    • 1994
  • This study was carried out to compare the properties of Com-Ply Boards with those of OSBs. These two kinds of boards were made of same flakes. Com-Ply Boards were covered with three different thickness veneers, such as 4mm, 3mm, and 2.5mm. All manufactured Com-Ply Boards and OSBs were 12mm thick. In MOR, all Com-Ply Boards were higher than OSB, and especially 3mm-veneer and 2.5mm-veneer Com-Ply Board were highest. But OSB showed 420kg/$cm^2$. 3mm-veneer Com-Ply Board showed the highest internal bonding 7.0kg/$cm^2$ and then 2.5mm-veneer showed 6.8kg/$cm^2$, and OSB showed 6.6kg/$cm^2$. Screw holding strength showed the high value 23.9kg/$cm^2$, 25.5kg/$cm^2$, and 29.3kg/$cm^2$ respectively at 3mm-veneer, 2.5mm-veneer Com-Ply Board and OSB. Thickness swelling of Com-Ply Boards was lower than that of OSB, but Water absorption of OSB was lower. Finally it was very encouraging that all properties of OSB without veneer, whose cost is higher than flake and whose properties is better, were not worse than those of Com-Ply Board with veneer. It seems That more researches on OSB will be required.

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