• Title/Summary/Keyword: cross-country analysis

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Determinants of Quality of Financial Information: Empirical Evidence from Cement Sector of Bangladesh

  • Rahman, Md. Musfiqur;Hasan, Md. Mehedi
    • Asian Journal of Business Environment
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    • v.9 no.1
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    • pp.13-20
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    • 2019
  • Purpose - The purpose of this paper is to find out the determinants of the quality of financial information in the financial environment of the cement companies of Bangladesh. Research design, data and methodology - This study considers a total of fifty-eight firm years as the sample from the seven listed cement companies of Bangladesh during the period of 2007 to 2015. This study applies the multivariate regression analysis including the pooled OLS, panel and controlling time. Results - This study finds that profitability and external financing are the two major explanatory variables in determining the quality of financial information. This study also finds that firm size and accrual quality don't have any significant influence on quality of financial information. Conclusion - This study observed that profitability of this sector which is much volatile and prone to be manipulated. Thus, this paper suggests that higher profitability needs more scrutiny while assessing quality of financial information. Finally, this study provides some indications for future research such as considering the listed firms of other sectors of Bangladesh or cross country comparison in different country setting.

Revisiting a Gravity Model of Immigration: A Panel Data Analysis of Economic Determinants

  • Kim, Kyunghun
    • East Asian Economic Review
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    • v.26 no.2
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    • pp.143-169
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    • 2022
  • This study investigates the effect of economic factors on immigration using the gravity model of immigration. Cross-sectional regression and panel data analyses are conducted from 2000 to 2019 using the OECD International Migration Database, which consists of 36 destination countries and 201 countries of origin. The Poisson pseudo-maximum-likelihood method, which can effectively correct potential biased estimates caused by zeros in the immigration data, is used for estimation. The results indicate that the economic factors strengthened after the global financial crisis. Additionally, this effect varies depending on the type of immigration (the income level of origin country). The gravity model applied to immigration performs reasonably well, but it is necessary to consider the country-specific and time-varying characteristics.

Small Business Innovation Research Program in the United States: A Political Review and Implications for East Asian Countries

  • Ryu, Youngbok
    • STI Policy Review
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    • v.6 no.2
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    • pp.54-86
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    • 2015
  • The study examines the U.S. Small Business Innovation Research (SBIR) program, with a focus on the recent Reauthorization, and compares, in the political context, the U.S. and East Asian countries-Japan, Korea and Taiwan-that adopted the U.S. SBIR program. For the systematic analysis and cross-country comparison, the study employs Kingdon (2003)'s framework-his political theory and Garbage Can Model-to identify political participants and processes underlying the SBIR Reauthorization and to analyze the differences in problem, policy, and politics streams between the U.S. and East Asian countries. For the cross-country comparison, specifically, the study uses various data sources such as OECD, Global Entrepreneurship Monitor, Hofstede's Cultural Dimensions, and World Value Survey. Based on the analysis outcomes, implications of U.S. practices on East Asian countries are extracted as follows. East Asian countries tend to: Have higher entrepreneurial aspiration while lower entrepreneurial activity and attitude than the U.S.; bear higher long term orientation and uncertainty avoidance while lower individualism than the U.S.; and have greater expectations of technology development and higher confidence in political parties while participating less in political action than the U.S. Drawing on the differences, the following policy recommendations are suggested. East Asian countries should: Improve entrepreneurs' access to resources (in particular, financial resource) in order to link their high entrepreneurial aspiration to actual entrepreneurial activities; cultivate failure-tolerating culture and risk-taking entrepreneurs, for instance, by providing a second chance to SBIR-participating businesses that failed to materialize their innovative ideas; and leverage their high expectations of new technology in order to take bold actions regarding their SBIR programs, and update the programs by drawing out constructive dialogues between SBIR stakeholders.

An Evaluation of Cross-National Information and Communication Technology Practices Using Data Envelopment Analysis and Malmquist Index (국가 정보통신기술의 활용성과 평가: 자료포락분석과 맘퀴스트지수 분석을 중심으로)

  • Yang, Chang Hoon
    • Journal of Technology Innovation
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    • v.21 no.3
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    • pp.41-72
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    • 2013
  • In this study, a comparison has been made among the countries regarding recent ICT practices being performed based on the measures of relative efficiency and productivity growth that use multiple inputs and outputs. Efficiency measures a country's ICT performance relative to a benchmark at a given point of time and productivity measures a country's performance over a period of time. An output-oriented Data Envelopment Analysis and Malmquist Index has been used for comparison among 28 countries over the period 2008-2011 by incorporating 9 variables. The empirical findings disclose gross inefficiencies in national ICT practices, which show that there is room for enhancing output gains through increased efficiency in their operations. In addition, 13 countries have performed better than others in total factor productivity mainly because of their improvement in the underlying technological progress in ICT. For those technically inefficient countries, however, technical inefficiency may hamper the growth of total factor productivity of ICT practices.

Measurement and results analysis of conducted emission and inductive emission for DC rolling stock (직류전동차의 전도성 및 유도성 유도장애 시험 측정 및 결과분석)

  • Jang, Dong-Uk;Han, Moon-Seob
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.1073-1074
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    • 2008
  • Compatibility concerns between train signalling systems and rolling stock are a significant problems to cross-acceptance of rolling stock in urban railway system. It is not possible to establish general rules for the maximum levels of interference allowed, valid for every country. So, in this paper, we measured conducted emission and inductive emission and analyzed results for DC rolling stock.

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Learning through Partnerships: Acquirer Firm's Experiences, Deal Partner's Characteristics and the Failure of Cross Border M&A (파트너십을 통합 학습: 인수기업의 경험, 거래 참여 파트너 기업의 특성 그리고 국경 간 M&A 실패)

  • Han, Byoung-Sop;Park, Eun-Kyoung
    • Korea Trade Review
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    • v.41 no.2
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    • pp.61-96
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    • 2016
  • This study investigates the effects of M&A experience of Chinese firms and characteristics of deal partners in cross border M&A deal failures. 1,610 firms that participated in 1,558 cross border M&As from 2000 to November 2015 are used as samples. The dependent variable is the M&A transaction failures, which were cases of deal pending or withdrawal of Chinese firms. Major independent variables are the nationality diversity of transaction partner firm, the partner firm belonging to a developed country, domestic M&A experience of the Chinese firms, M&A experience in a particular target country, etc. After conducting a probit model analysis, we find that deal partner firm's nationality diversity increases the failure rate of M&A. While prior domestic M&A experience in China has no influence on deal failure, prior M&A experience of Chinese and focal firms in a particular country have a negative effect on the probability of deal failure. This study has academic implication on figuring out why firms are likely to fail in the process of strategic activities based on the inter-organizational learning through partnerships perspective.

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Studies on the Hallyu in Mexico and Peru through their Current State and Media (멕시코와 페루에서의 한류 현황과 미디어 분석을 통한 한류 확산 방안 모색)

  • Kim, Seon-uk;Lee, Jae-hak;Shin, Tae-shig
    • Cross-Cultural Studies
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    • v.44
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    • pp.59-85
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    • 2016
  • In the 21st century there has been an explosive gain in the popularity of Korean culture, often referred to as Hallyu, which translates into 'Korean Wave'. This is especially true in Latin America, which has seen Hallyu reach enormous heights. This study investigates the Hallyu phenomenon in Mexico and Peru over a three year period (2012-2014), with the utilization of current facts and media analysis associated with Hallyu. Mexico as a nation is an important one for this study, considering it was the first country to adopt Hallyu in Latin America and still holds a strong influence in the growth and movement of Hallyu in this region. Furthermore, in recent years, Peru has seen the most growth in popularity of Hallyu in Latin America and is therefore an essential country of study. Therefore, an in depth media analysis of the Hallyu phenomenon in Peru will offer a strong case study for further progressing and extending the rise in Korean culture in the region of Latin America. The extension of Hallyu is imperative in its contribution to the ascension of Korea's culture and national brand image.

A Study on the Tactical Databases of the Army (군의 전술적 자료기반 구축에 관한 연구)

  • Yeu, Bock-Mo;Jo, Jeong-Heon;Jo, Hong-Sug
    • Journal of Korean Society for Geospatial Information Science
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    • v.2 no.1 s.3
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    • pp.107-119
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    • 1994
  • Modern war is called as information war. So an Information Systems which operate hitech-weapon is evaluated important by the ARMY. As terrain analysis techniques we an essential element, computer-based terrain analysis techniques for the army are developed. This paper studies the method of tactical terrain analysis data base construction and presents cross-country mobility after analysis officer analysis overlayed terrain data. Also, Terrain information data base construction method is presented through this analysis, which planned a suitable plan of operations in order to mission accomplishment in normal times.

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Agricultural-zone Analysis in the Early Chosun-Dynasty (조선전기(朝鮮前期) 농업지대(農業地帶)의 분석(分析) (I))

  • Lee, Ho Chol
    • Current Research on Agriculture and Life Sciences
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    • v.4
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    • pp.154-162
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    • 1986
  • This paper is studied in order to examine eight provinces as Agricultural zone in the early Chosun-Dynasty. The research method of this study depends on discriminant analysis. The research data is obtained from geography of Sejong sillok. In this approach, we believe the possibility of more scientific analysis of agricultural zone. So all cross-sectional data of this period were analysed by means of the discriminant analysis method. In the discriminant analysis of the eight provinces, 54.6% of the country were discriminated. In the territorial map, Kyongsang and Cholla were crossly adjoined and Chungcheong was located in the middle of them. While, Kyonggky and Hwanghae were adjoined in the center, and Pyongan and Hamgil were crossly adjoined, too. And Kangwon was located in the middle of them. Consequently their regional distribution varied widely and the agriculture of this period had considerable regional gaps.

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Analysis of Global Trends in the Cross-border Transfer of Personal Data and Its Implications for Korea (개인정보 국외이전 관련 규범 국제 동향 분석 및 한국에의 시사점)

  • Bomin-Ko
    • Korea Trade Review
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    • v.46 no.6
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    • pp.239-255
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    • 2021
  • To review the theoretical background of regulatory approaches to cross-border transfer of personal data, this paper divides major digital trade participating countries into four types according to the OECD - non-regulatory, post-intervention, pre-supervision, and national control. It then analyzes the US, Japan, the EU, and China respectively that belong to each type. South Korea, which is currently about to pass the amendment by the National Assembly, has identified that it is in the middle of post-intervention and pre-supervision, and needs to evolve into pre-supervision norms like the EU while it has to participate more actively in the process of establishing international digital trade rules. Korea first needs to sign digital trade agreements and promote mutual certification projects more actively from the standpoint of a medium-sized open country with growing digital companies and digitally-open consumers. Second, the government should fully consider the interests of not only companies but also various trade stakeholders including domestic consumers, when drafting and implementing trade policies. To this end, 'a single window approach' is needed not only at the Ministry of Trade, Industry, and Energy, but also at the level of the entire government which require an integrated form of digital trade policy governance.