• 제목/요약/키워드: growth and activities

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Managerial Centrality and Shared Growth: Evidence from Korean Service Corporations' Financial Records

  • AN, Sang-Bong;RYU, Ye-Rin;YOON, Ki-Chang
    • The Journal of Asian Finance, Economics and Business
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    • 제7권1호
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    • pp.249-257
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    • 2020
  • This paper focused on the level of managerial centralization on chief executive officer (CEO) as a factor to affect the shared growth activities of corporate. As service corporations are becoming active in shared growth activities recently, this paper thus used CEO. Pay Slice (CPS) information to measure the level of managerial centralization on CEO of service corporation and tested the influence of the level of managerial centralization on whether shared growth activities are executed and the level of such activities respectively. The result of test shows that companies with high managerial centralization on CEO are more passive toward shared growth activities than those without such centralization. This can be interpreted that a CEO with more powerful influence may consider shared growth activities as to be negative and take a passive attitude to them. On the other hand, such result was supported by additional analysis with companies committing shared growth activities as well. This paper is expected to contribute to bring about interest on shared growth activities as the gap between major companies and small and medium sized companies is currently expanding in terms of operating profit ratio and even salary of employees.

The Impact of Operating Cash Flow in Decision-Making of Individual Investors in Vietnam's Stock Market

  • NGUYEN, Dung Duc;NGUYEN, Cong Van
    • The Journal of Asian Finance, Economics and Business
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    • 제7권5호
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    • pp.19-29
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    • 2020
  • The paper examines the impact of information about cash flow from operating activities of firms listed on Vietnam's stock market to the decision making of individual investors. Data were collected from interviews with 160 individual investors about their investment decisions based on information on profit growth and cash flow growth from operating activities. T-test was conducted to research on Vietnam's stock market - a market considered as information that is not really public, transparent and ineffective. The research results show that: (1) investors do not care about cash flow from operating activities when making investment decisions if the company's profits grow positively, (2) information about cash flow from operating activities only affects the decisions of individual investors once profit growth is negative, and (3) conflicting information between profit growth and cash flow growth from business activities significantly affects the confidence and comfort of investors in Vietnam's stock market when they make investment decisions. Then, the study points out the mistake of investors when making investment decisions, and offers recommendations to investors when making investment decisions, not only concerned with profit growth, but also paying special attention to cash flow growth, especially cash flow from the company's business operations.

수종의 식물생장촉진 근권미생물의 분리 및 근권처리가 오이와 토마토 플러그묘의 초기생장에 미치는 영향 (Selection and Bacterialization into Rootzone of the Various Plant Growth Promoting Rhizobacteria in Peatmoss Compost on the Early Growth of Cucumber and Tomato Plug Seedlings)

  • 조자용;김광수;정순주
    • 한국유기농업학회지
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    • 제6권1호
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    • pp.151-160
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    • 1997
  • Azospirillum sp., photosynthetic bacteria(Rhodopseudomonas sp.) and Pseudomonas sp. were separated and screened from soil and soilless culture, and identificated. The antifungal activities against root-infected pathogens and plant growth promoting effects of the cultured solution of the starins(5.0$\times$105 cells/$m\ell$) in the peatmoss compost on the early growth of cucumber and tomato seedling were investigated. Azospirillum sp. and Pseudomonas sp. showed a antifungal activities against Fusarium sp., Pythium sp. and Rhizoctonia sp in thed ranges of 51.0% to 72.0% on potato dextrose agar medium, however photosynthetic bacteria had not antifungal activities. When cultured solution of Azospirillum sp., photosynthetic bacterial and Pseudomonas sp. were bacterialized by mixing with peatmoss compost, early growth of cucumber and tomato in terms of plant height, number of leaves, leaf area, root length, fresh anf dry weight of leaf, stem and root were promoted, especially photosynthetic bacteria had a the best plant growth promting activities.

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기술기반창업기업의 기업활동이 기업성장에 미치는 영향 (The Effect of Technology-Based Entrepreneurship(TBE) Activities on Firms Growth)

  • 이명종;주영진
    • 벤처창업연구
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    • 제14권6호
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    • pp.59-76
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    • 2019
  • 대부분의 기술기반창업기업이 죽음의 계곡(VoD: valley of death)을 극복하지 못하고 쇠퇴하거나 소멸하는 과정을 겪게 된다. 본 연구는 기술기반창업기업의 성장차원을 구분하고, 기술기반창업기업의 기업활동이 기업성장에 미치는 영향력의 시간 흐름에 따른 변화를 확인할 목적으로 수행되었다. 본 연구는 다수의 성장지표에 대한 탐색적요인분석(EFA: exploratory factor analysis)을 통해 규모와 수익으로 구분된 2차원의 성장차원을 확인하였으며, 규모와 수익으로 구분된 4가지 상태와 폐업을 포함한 5가지 상태의 이산적 기업성장상태를 정의하였다. 기술기반창업기업의 기업활동이 기업성장에 미치는 영향은 고용활동, 마케팅활동, 연구개발활동, 재무활동, 일반관리활동 등 5가지 대표적인 기업활동을 독립변수로 하고, 이산적 기업성장상태(규모×수익, 폐업)를 종속변수로 한 다항로짓모형(MNL: multi-nomial logit model)을 이용하여 분석하였다. 시간 흐름에 따른 기술기반창업기업의 성장단계는 창업생존율이 급격하게 저하되는 주요 기간을 고려하여 창업초기, 창업중기, 창업후기 등의 3단계로 업력을 범주화하였다. 본 연구의 분석자료는 정부·공공기관의 창업지원기업에 대한 2차자료를 바탕으로 하였으며, 분석대상은 업력 10년 이내의 기술기반창업기업으로 하였다. 분석결과 기술기반창업기업의 고용활동과 마케팅활동은 창업초기와 중기의 활동이 기업성장상태에 영향을 미치는 것으로 나타났으며, 고용활동은 긍정적 영향과 부정적 영향을 함께 미치는 반면, 마케팅활동은 규모와 수익 성장에 긍정적 영향만을 미치는 것으로 나타났다. 그리고 연구개발활동, 재무활동, 일반관리활동은 기업성장 전 과정에서 기업성장상태에 긍정적 영향과 부정적 영향을 함께 미치는 기업활동으로 나타났다. 아울러 기업의 고유특성인 창업자 창업당시 연령, 기업의 업종 및 소재지역은 성장단계에 따라 기업성장상태에 차별적인 영향을 미치는 것으로 확인되었다.

정부 R&D 지원이 민간 R&D 투자에 미치는 영향: 혁신성장동력 정책을 중심으로 (The Effects of Government R&D Support on Private R&D Investment: Evidence from Innovative Growth Engine Policies)

  • 구본진;이종선
    • 아태비즈니스연구
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    • 제12권3호
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    • pp.281-294
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    • 2021
  • Purpose - The purpose of this study was verifying the policy effects by field of innovative growth engines, focusing on the discussion of the relationship between government support and corporate R&D activities (substitute/complementary goods), and based on the results, policy recommendations for promoting private R&D were carried out. Design/methodology/approach - Through literature research, academic/theoretical discussions about relationship between government support and corporate R&D activities were synthesized. Next, survey data were collected for companies engaged in the field of innovative growth engines and empirical analysis was conducted on the relationship between government support and R&D activities in 13 major sectors. Findings - First, as a result of analyzing all companies regardless of sector, government R&D subsidies had a positive (+) relationship with R&D activities of companies engaged in innovative growth engines, that is, a complementary relationship. Next, as a result of performing empirical analysis by dividing the 13 fields, it was found that 9 fields were complementary goods in which government support had a positive (+) effect on the R&D activities of companies. On the other hand, in the remaining four fields, the effect of government support on corporate R&D activities was not statistically significant. Research implications or Originality - In order to promote R&D activities of companies in the 9 fields where government support acts as a complementary product, it is necessary to establish policies centered on direct government support. On the other hand, it would be more desirable to seek indirect support rather than direct support in the 4 fields where government support did not have a statistically significant effect on corporate R&D activities.

Effects of CSR Activities on Business Performance of Logistics Firms

  • JEON, Ho-Jin;KIM, Young-Min;YOUN, Myoung-Kil
    • 유통과학연구
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    • 제17권12호
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    • pp.23-32
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    • 2019
  • Purpose As consumer awareness grows, the importance of CSR becomes even more important for long-term growth. In response to this current trend, the purpose of this study is to analyze the effect of CSR activities on business performance for logistics companies. Research design, data, and methodology - Between CSR activities and growth, there was a generally positive(+) relationships between activities such as donation and volunteerism and the growth of the enterprise. In terms of the relationship between environmental factors and growth, negative results were expressed. In case of profitability, improved welfare for workers has had a positive impact on corporate profitability. Results - With respect to stability, a high proportion of equity capital is not considered to be more active in SCR activities. Significant negative results were given between the minimum factors for entry, transportation, and noise generation factors and the ratio of liabilities, which are representative friction factors in the community. Conclusions - With respect to stability, a high proportion of equity capital is not considered to be more active in SCR activities. Significant negative results were given between the minimum factors for entry, transportation, and noise generation factors and the ratio of liabilities, which are representative friction factors in the community.

Effects of Insulin and IGFS on Growth and Functional Differentiation in Primary Cultured Rabbit Kidney Proximal Tubule Cells -Growth and membrane transport-

  • Han, Ho-Jae;Park, Kwon-Moo
    • The Korean Journal of Physiology
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    • 제29권2호
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    • pp.191-202
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    • 1995
  • The purpose of this study was to compare effects of insulin and IGFs on growth, apical membrane enzyme activities and membrane transport systems of primary cultured rabbit kidney proximal tubule cells. Results were as follows: 1. Insulin and IGF-I produced significant growth stimulatory effects at $5{\times}10^{-10}M.\;IGF-II(5×10^{-10}\;M)$ did not stimulate significant cell growth. 2. Insulin stimulated the phosphorylation of a 97 KD protein. It was difficult to determine whether this band represents insulin and/or the IGF-I receptor. 3. The activities of apical membrane enzymes (alkaline phosphatase, leucine aminopeptidase, and ${\gamma}-glutamyl \;transpeptidase)$ were observed to be diminished after the cells were placed in the culture environment. 4. The uptake of ${\alpha}-MG,$ Pi and Na was significantly increased in cells incubated with insulin or IGF-I, IGF-II had no effect on the uptake of these substrates. 5. Na-pump activity, as assayed by Rb uptake, was significantly increased in cells treated with insulin or IGFs. In conclusion, insulin and IGF-I exert stimulatory effects on growth and membrane transporter(glucose, Na, Pi, and Na-pump) activities in primary cultured rabbit kidney proximal tubule cells. IGF-II had no effect on cell growth and membrane transporter(glucose, Na and Pi) activities.

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Streptomyces coelicolor의 연속 배양시 산소 분압에 따른 방어 효소의 활성 변화 (Effect of Partial Oxygen Pressure on the Growth and Defense Enzyme Activities of Streptomyces coelicolor in continuous culture system)

  • 박용두;이계준;노정혜
    • 한국미생물·생명공학회지
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    • 제22권5호
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    • pp.538-543
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    • 1994
  • Effect of partial oxygen pressure on the cell growth and the activities of oxidative defense enzymes were measured in the continuous culture of Streptomyces coelicolor. Both the wild type and the mutant strain resistant to hydrogen peroxide were cultured and the dry cell weight of the two cultures were measured at different oxygen tensions. Growth of the wild type was inhibited by oxygen at above 0.5 vvm. Growth of the hydrogen peroxide resistant mutant was stimulated by pure oxygen at 0.5 vvm but was inhibited by oxygen at 1.0 vvm. Therefore, growth of the hydrogen peroxide resistant mutant was less affected by the deleterious oxidative stress of oxygen. Activities of the several defense enzymes were also measured at different oxygen tensions. Activities of catalase and glucose-6-phosphate dehydrogenase increased significantly as oxygen pressure increased in the wild type culture. In the mutant, however, increase in those enzyme activities was not obvious whereas the uninduced levels of the above enzymes were higher than those of wild type. As judged by Western blotting, the amount of the major catalase increased as the oxygen pressure increased. This indicates that the induction of the catalase activity by oxygen pressure is mostly due to the increase in the expression level for the major catalase.

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지속성장을 위한 사회적 책임(CSR)의 전략적 활용: 중국 내 자동차 기업에 대한 탐색적 사례연구 (The Role of Corporate Social Responsibility for Sustainable Growth: An Exploratory Case Study on Auto Corporations)

  • 백서인;권상집
    • 지식경영연구
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    • 제16권3호
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    • pp.103-128
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    • 2015
  • This study sheds light on the role of corporate social responsibility in firms' growth by investigating how and what corporate social activities may flow down china auto industry market. This study results based on in-depth case studies from 5 international auto corporations suggest that positive diverse corporate social responsibility amplified that the influence of commitment to the customer on firm's brand loyalty and sustainable growth. The most important thing is that strategic corporate social responsibility activities including new venture creation support and national project program will have a positive influence on the firm's growth and brand reputation. We build on advanced solutions to examine the unique and joint activities of auto corporations based on china auto industry market and important factors affecting sustainable growth in auto corporations. Contributions and implication of this study for current and future corporate social responsibility research are discussed.

Differential Inhibitory Activities of Four Plant Essential Oils on In Vitro Growth of Fusarium oxysporum f. sp. fragariae Causing Fusarium Wilt in Strawberry Plants

  • Park, Jin Young;Kim, Su Hyeon;Kim, Na Hee;Lee, Sang Woo;Jeun, Yong-Chull;Hong, Jeum Kyu
    • The Plant Pathology Journal
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    • 제33권6호
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    • pp.582-588
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    • 2017
  • The objective of this study was to determine inhibitory activities of four volatile plant essential oils (cinnamon oil, fennel oil, origanum oil and thyme oil) on in vitro growth of Fusarium oxysporum f. sp. fragariae causing Fusarium wilt of strawberry plants. Results showed that these essential oils inhibited in vitro conidial germination and mycelial growth of F. oxysporum f. sp. fragariae in a dose-dependent manner. Cinnamon oil was found to be most effective one in suppressing conidial germination while fennel oil, origanum oil and thyme oil showed moderate inhibition of conidial germination at similar levels. Cinnamon oil, origanum oil and thyme oil showed moderate antifungal activities against mycelial growth at similar levels while fennel oil had relatively lower antifungal activity against mycelial growth. Antifungal effects of these four plant essential oils in different combinations on in vitro fungal growth were also evaluated. These essential oils demonstrated synergistic antifungal activities against conidial germination and mycelial growth of F. oxysporum f. sp. fragariae in vitro. Simultaneous application of origanum oil and thyme oil enhanced their antimicrobial activities against conidial germination and fungal mycelial growth. These results underpin that volatile plant essential oils could be used in eco-friendly integrated disease management of Fusarium wilt in strawberry fields.