• Journal of Power System Engineering
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• v.17 no.6
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• pp.115-121
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• 2013

This study was carried out to investigate the effect of hot forging on the hardness and impact value of ultra high carbon low alloy steel. With increasing hot forging ratio, thickness of the network and acicular proeutectoid cementite decreased, and than were broken up into particle shapes, when the forging ratio was 80%, the network and acicular shape of the as-cast state disappeared. Interlamellar spacing and the thickness of eutectoid cementite decreased with increasing forging ratio, and were broken up into particle shapes, which then became spheroidized. With increasing hot forging ratio, hardness, tensile strength, elongation and impact value were not changed up 50%, and then hardness rapidly decreased, while impact value rapidly increased. Hardness and impact value was greatly affected by the disappeared of network and acicular shape of proeutectoid cementite, and became particle shape than thickness reduction of proeutectoid and eutectoid cementite.

• Journal of Distribution Science
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• v.18 no.10
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• pp.25-38
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• 2020

Purpose: Traditional markets have served as important locations for social-cultural and economic activities. It is a hub of economic transactions and where people gather and exchange information and goods, while also serving as the center of social activities, including commercial exchanges. Accordingly, this study aimed to contribute to the studies on the perceived value in traditional markets for customers in different aspects. Research design, data, and methodology: To analyze the proposed model, data was collected from 456 respondents and analyzed with SPSS 21.0 and AMOS 21.0. The data was analyzed with structural equation modeling (SEM) using path analysis. Results: According to the results of the analysis, the perceived value comprises utilitarian value, emotional value, economic value, and social value, all of which had a positive impact on attitude. Emotional value and social value had a positive impact on subjective norms, while utilitarian value and economic value did not have an impact on subjective norms. Also, attitudes and subjective norms were found to have a positive impact on behavioral intention. Conclusions: Through this study, the value that the traditional markets need to provide to consumers have been identified. Traditional markets should develop into places that can provide value for their consumers.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.7
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• pp.159-167
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• 2020

The study examines the impact of corporate social responsibility (CSR) activity on the firm market value, in particular, market capitalization of tour operators listed on Chinese stock markets. This study employs panel data analysis methods to examine endogeneity concerns in observational data. The balanced panel data includes a total of 1,296 observations with 27 cross-sections of tour operators listed on Chinese stock markets and with 48 time-specific periods from March 2006 to December 2017. The results indicate that CSR activity has a negative impact on the market value of the firm for the concurrent period, but from one-period time lag and afterwards CSR activity has a strong positive impact on the market value and sustains its positive impact on the market value even for a two-period time lag. The findings suggest that the economic effect of CSR activity on the firm market value tends to take some degree of lagged effects to be fully showcased in the market capitalization of tour operators and travel companies listed on Chinese stock markets. The findings suggest that, though CSR activity may carry some financial risk for an immediate short-term, tour operators must put a lot of time and effort into making CSR actions effective.

• Korean Journal of Applied Biomechanics
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• v.23 no.2
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• pp.125-130
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• 2013

Although the electronic body protector has been officially adopted by the World Taekwondo Federation(WTF) in 2006, no scientific information is available about the reliability of its performance. The purpose of this study, therefore, was to investigate the relationship between the impact value of electronic body protector and the impact force of force platform. Male collegiate Taekwondo athletes([MCTA], n=21) and male collegiate Taekwondo students([MCTS], n=20) volunteered to participate in the study. Each subject performed the apchagi, dollyeochagi and dwichagi on the force platform and the electronic body protector. At the apchagi, it showed that MCTS(about 4,700 N) generated more maximum kick force than MCTA(about 3,900 N), but it expressed that MCTA(about 5,300 N) generated more maximum kicking force than MCTS(about 4,400 N) at the dwichagi. At the apchagi and the dwichagi, it indicated the high coefficient of correlation(over r=.8) which supports higher explanation force the relationship between the impact value of electronic body protector and the impact force of force platform, but there was no statistically significant difference at the dollyeochagi.

• Journal of Mechanical Science and Technology
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• v.14 no.8
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• pp.823-829
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• 2000

[ $Nb/MoSi_2$ ]laminate composites have been successfully fabricated by hot pressing in a graphite mould. Lamination of Nb foil and $MoSi_2$ layer showed a sufficient improvement in the absorbed impact energy compared to that of monolithic $MoSi_2$ material. The impact value of $Nb/MoSi_2$ laminate composites obviously is reduced when sintered at temperatures higher than 1523K, even if the composite density contributing to impact load increased along with fabricating temperatures. Impact value of laminate composites was also drastically decreased with the growth of reaction layer after the heat treatment. However, it was effective to increase the pressure at the same sintering temperature for the improvement of the impact value.

• Journal of Information Technology Applications and Management
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• v.22 no.4
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• pp.105-126
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• 2015

In this study, we investigated the impact of the information richness and reachness on the mobile purchasing and the moderating effect of individual characteristics. We examined the information richness and reachness through SNS information and Push notification of smartphone, respectively. As the moderating variables, we adopted customer's value orientation and innovativeness. In the main-effect model with no moderating variable, both of information richness and reachness showed significant effects on the perceived value of products and purchasing channel. Especially, the impact of information richness was more significant on product awareness, while the impact of information reachness was more significant on channel awareness. In the interaction-effect model with moderating variables, customer's value orientation showed significant moderating effect on the impact of perceived product value. However, customer's innovativeness did not show the significant moderating effect on the impact of perceived channel value. It implies that the impact of information reachness applies to the majority of customers, regardless of her [his] innovativeness. Therefore the organizations might be able to use Push notification to activate the customer's mobile purchasing.

• Journal of Distribution Science
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• v.21 no.1
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• pp.13-22
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• 2023

Purpose: This study aims to investigate the linkages among cross-channel integration capability (CCI), showrooming, webrooming, and customer value of retail enterprises. From the literature review, this research proposes the research model on the direct impact of showrooming and webrooming on customer value as well as the indirect impact of cross-channel integration capability on customer value which is mediated by both showrooming and webrooming of retail enterprises. Research design, data, and methodology: By conducting a survey of 304 consumers in the five biggest retailers in Hanoi-Vietnam from mid-September 2021 to the end of November 2021, the PLS-SEM was used to test the hypotheses. Results: The research results reveal the favorable impact of (CCI) on improving showrooming and webrooming, and the important role of developing both showrooming and webrooming in bringing more value to the customer of retail enterprises. The findings also express that showrooming and webrooming acts mediating role in the favorable relationship between (CCI) and customer value of retailers. Conclusions: This research clarifies the positive impact of (CCI), showrooming, and webrooming on customer value. In addition, this study suggests practical implications for retail managers to provide more value for customers by enhancing (CCI) and developing both showrooming and webrooming.

• Journal of Environmental Impact Assessment
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• v.7 no.1
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• pp.63-70
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• 1998

TCM has been used for many environmental impact assessments in Korea. But there was reported that an error was found in area source calculation of original TCM and modified. In this study, TUM(TCM-urban mode) and TRM(TCM-rural mode) were developed for urban and rural area by modification of original TCM. McElroy-Pooler dispersion parameter was used for area and point source in TUM, Pasquill-Gifford parameter was used for area and point source in TRM. And Irwin's vertical wind speed profile exponents were used for TUM and TRM. Then predicted value by TUM, TRM and a value from the same area and point data by CDM2, ISCLT3 were compared. And it was found that predicted value from point source by TUM, TRM was very similar to a value by CDM2, ISCLT3, and predicted value from area source by TRM was similar to a value by CDM2, ISCLT3. But predicted value from area: source by TUM was an half lower than a value by CDM2, ISCLT3.

• Knowledge Management Research
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• v.17 no.3
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• pp.161-179
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• 2016

The recent patent wars in the information technology (IT) industry demonstrate the strategic importance of IT patents in the industry. In this paper, we adopt the lens of real options to study the value of IT patents for IT firms. Specifically, we examine the relationship between IT patents and firms' market performance. We also consider the moderating effect of the innovation orientation of firms' patent portfolios (exploitative vs. explorative). Based on a large panel dataset consisting of 697 firms in US IT industries, our results suggest that the impact of IT patents on firm value (as measured by Tobin's q) is positive and significant. Further, we find that this impact varies, depending on the innovation orientation of firms' patent portfolios. IT patent portfolios with higher levels of an exploitative orientation are associated with higher firm value, compared to those with a lower exploitative orientation. This study highlights the value of employing real options theory as the underlying mechanism in understanding the impact of patents on firm valuation. Future researchers can adopt the real options lens to identify and empirically examine the role of other factors that may affect the value of patents and other investments exhibiting real option characteristics. While our paper answers some questions about the value of patents in the IT industry, it also raises a number of additional new questions. As such, we hope that it will generate more research on this important topic.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.1241-1248
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• 2021

This study employs data from CRSP/Compustat files for the period from 2003 to 2017 and applies a panel data analysis. The results of this study show a positive relationship between trade credit and the firm's market value, however, the results show a negative relationship if we test the impact of financial credit on the firm's market value. The results have direct policy implications for investors, the firm's management, and financial strategy. An implication of our study is that using trade credit as a source of financing may give a positive signal of the firm's creditworthiness and increase the firm's market value. Also, the results of our study indicate that the benefits of using trade credit may outperform the cost of using it as a source of finance. Prior studies examine the impact of financial leverage on the firm's value, however, this study contributes to the existing studies that examine the factors that affect the firm's market value by examining the impact of using trade credit finance on the firm's market value. The main limitation of this study is that the results are based on listed firms, using data from unlisted firms is not available.