• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.289-295
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• 2021

This study investigates the role of corporate governance in the dividend decision of 198 non-financial companies listed on the Colombo Stock Exchange of Sri Lanka, over the period from 2009 to 2016. Four corporate governance indicators are used in this study; managerial ownership, the board size, board independence, and CEO duality. Furthermore, this study considers three control variables such as profitability, firm size, and corporate tax. This study employed the Generalized Method of Moments (GMM) model to estimate the regression models on panel data study. The major contribution of this study is exploring the insight into the effect of corporate governance factors on dividend decisions. The results of the study revealed that managerial ownership showed a significant positive impact on the dividend payout ratio. Board size showed a significant positive influence on the dividend payout ratio. Board independence negatively but significantly influenced the dividend payout ratio. CEO duality showed an insignificant negative impact on the dividend payout ratio. In the framework of these CG indicators, Sri Lankan listed firms are recommended to have dispersed ownerships, large Board size and maintain a balance of power and authority by separating the individual who is assuming the position of the CEO from the Chairperson of the Board and maintain at least two independent directors.

• The Journal of Asian Finance, Economics and Business
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• v.10 no.2
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• pp.163-174
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• 2023

This study aims to investigate the effect of the composition of the board and ownership structure on a firm's value in Jordanian firms. Specifically, it aims to determine the effect of board size, (CEO) duality, and family, foreign, institutional, and government ownership on a firm's value. An ordinary least square regression (OLS) was employed to examine the study hypotheses in a sample of 35 Jordanian industrial firms (175 firm-year observation) for a period of five years from 2016-2020. As measured by Tobin's Q (Q ratio) and market-to-book (MB ratio) for Jordanian industrial firms listed on Amman Stock Exchange (ASE). The result found that foreign ownership, institutional ownership, and family ownership have a significant and positive effect on firm value. By contrast, government ownership does not have a significant effect on firm value. With respect to board composition (CEO duality and board size), the study results found no evidence to support the effect of board composition on firm value. The study recommended the concerned authorities with several recommendations, most notably: taking the necessary measures to ensure the continuity and growth of family businesses because of their positive impact on the value of the company and economic growth, spreading awareness about how governance protects the interests of investors.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.5
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• pp.443-453
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• 2022

This study examines the effect of board structure and audit committee structure on financial reporting timeliness among Malaysia's top 100 public listed companies. Specifically, this study examines whether board independence, CEO duality, board ownership, audit committee independence, audit committee competence, and audit committee diligence influence the financial reporting timeliness of the public listed companies. This study selects the top 100 public listed companies by market capitalization listed on the Main Market of Bursa Malaysia as the sample since the main board has more public reprimands on financial reporting timeliness compared to other boards. The content analysis on annual reports for five years from 2015 to 2019 is utilized. The results show that audit committee competence and audit committee diligence significantly affect financial reporting timeliness. In contrast, board independence, CEO duality, board ownership, and audit committee independence have insignificant relationships with financial reporting timeliness. The findings in this study are helpful for compliance analysis and strategy formation in enhancing financial reporting timeliness. This study contributes to the agency theory by providing a new perspective on how different sections of corporate governance features interact together to influence financial reporting timeliness. In addition, the findings can assist the regulators in establishing quality corporate governance.

• Bulletin of the Korean Mathematical Society
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• v.39 no.1
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• pp.43-51
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• 2002

The aim of this paper is to prove a convergence theorem of a generalized Ishikawa iteration sequence for two multi-valued strongly pseudo-contractive mappings by using an approximation method in real uniformly smooth Banach spaces. We generalize and extend the results of Chang and Chang, Cho, Lee, Jung, and Kang.

• Bulletin of the Korean Mathematical Society
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• v.50 no.1
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• pp.97-103
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• 2013

As a suitable application of the well known generalized maximum principle of Omori-Yau, we obtain rigidity results concerning to a complete hypersurface immersed with bounded mean curvature in the $(n+1)$-dimensional hyperbolic space $\mathbb{H}^{n+1}$. In our approach, we explore the existence of a natural duality between $\mathbb{H}^{n+1}$ and the half $\mathcal{H}^{n+1}$ of the de Sitter space $\mathbb{S}_1^{n+1}$, which models the so-called steady state space.

• Journal of the Chungcheong Mathematical Society
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• v.21 no.3
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• pp.293-299
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• 2008

In this paper, we prove strong convergence theorems for a finite family of uniformly L-Lipschitzian mappings by a cyclic iterative algorithm in the framework of Banach spaces. Our results improve and extend the recent ones announced by many others.

• Journal of Electrical Engineering and Technology
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• v.12 no.6
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• pp.2262-2267
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• 2017

A new force expression on dielectrics subjected to electric field is proposed in this paper. It is the electric version of the equivalent magnetizing current method in magnetic field. From the idea of electromagnetic duality, virtual equivalent electrifying magnetic current method is conjectured in the field of dielectric force problem. Numerical results show that the proposed method has good agreements with the conventional methods. The merits and demerits of the proposed method are also discussed.

• Journal of the Korean Institute of Telematics and Electronics
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• v.27 no.9
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• pp.1327-1335
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• 1990

In this paper, using the principle of duality between the spatial and spectral domain, we proposed a new microwave imaging technique of a coherent tomographic formulation in the spatial domain and reconstructed the image of dielectric cylinder through simulation and experiment. The numerical and experimental results for the variety o object size, relative dielectric constant have shown the limitation of Born approximation to be used and the effect of retrieved images for various signal bandwidth.

• Journal of Korean Physical Therapy Science
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• v.3 no.3
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• pp.71-85
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• 1996

The Quality of physical therapy school system has conflicts between physical therpist, and reduces the opportunity of seguential education. So this study was investigated in order to made concrete the problems of educational duality, set up the direction of the school system's improvement, as like the four-year system and recognized the necessity. The curriculums of 13 colleges and 5 universities was analyzed. The curriculum analysis was made up the comparison and the analysis by a liberal arts point, a major point, a clinical practice point, total opening subjects, and so on. The analyzing results were as follows. 1. The average rates of a liberal arts vs. a major opening point are 17:83 in college, and are 27:73 in university. 2. It is a serious problem that college are lower than university in a liberal arts. The best method that can solve it is lengthen the number of school years. 3. There is no difference between college and university in a major subject. Rather college has the more subject's numbers than university. 4. There is no difference between college and university in a clinical practice. Above results suggests that there is not different between college and university in a major subject except for a liberal arts point. It is proper that one should be unificate the curriculum according to the sameness between a state examination and a license. Therefore, it is necessary for graduates from college that provides the opportunity of proceeding to a higher school, demands the seguential system of study cultivating and producing a bachelor, and requires the continual education in a clinical field, a bachelor admitting system of continual education, and clinical therapist's qualification. The present physical therapy educational systems should be unificated because of many right reasons. On the other hand, the follw-up study that improving the school system about the four-years and the more physical therapy should be continue from the viewpoint of education.

• Asia-Pacific Journal of Business
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• v.14 no.3
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• pp.89-101
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• 2023

Purpose - This paper discusses an impact of status on organization's temporary employment. Status not only offers various opportunities for organization but also places constrains on organization. In this perspective, we propose that organization's temporary employment will differ depending on the status. Design/methodology/approach - We predict that organization's evaluated status has a U-shaped relationship with temporary employment because organizational social insecurity varies by the status. Moreover, we predict that organization's categorical status has a positive effect on temporary employment since organizational legitimacy varies with the status and that the effect will be enhanced by an organizational niche. To verify these predictions, we examined a regression analysis using panel data of temporary employment in Korean universities. Findings - The results of regression analysis show that there is a U-shaped relationship between universities' evaluated status and temporary employment. This implies that the middle status university is likely to minimize temporary employment because of conformity pressures. In addition, the results show that university's categorical status has a positive effect on temporary employment and the effect is enhanced by university's market concentration. This suggests that the categorical status has a strong impact on specialist university. Research implications or Originality - This paper contributes the development of temporary employment theory by applying duality of organizational status and identifies the organizational determinants of temporary employment in Korean universities.