• 제목/요약/키워드: impact value

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The Impact of Market Discipline on Charter Value of Commercial Banks: Empirical Evidence from Pakistan Stock Exchange

  • AKHTAR, Muhammad Naveed;SALEEM, Sana
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.249-261
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    • 2021
  • To tranquilize the devastating impact of unnecessary risk-taking behavior of banks towards the economy for maximizing their profits that usually arises due to widely known 'moral-hazard' problem originating from market competition and intensified by bank's limited liability, the banking system is strongly monitored across all countries of the world. The goal of controlling would become more feasible if there exist some self-discipline and motivations which could safeguard the banks' charter value through the mechanism of market discipline. Therefore, our study is aimed to scrutinize the relation between market discipline and charter value of local commercial banks that are registered on the Pakistan Stock Exchange by analyzing a balanced panel data from the year 2007 to 2019. Deposit growth, interbank deposits, and subordinate debt are taken as proxies to measure market discipline whereas Tobin's Q theory is applied for calculating the charter value. Generalized Least Square Regression with Fixed Effect Model is used for evaluation. The outcomes reveal that in the existence of control variables, all proxies of market discipline have a significant positive impact on bank charter value. Our research has important policy implications for monitoring and supervising financial intermediaries for their stability and soundness by offsetting the complications of moral-hazard in the financial systems.

패션 기업의 ESG 활동등급 수준이 경영성과 및 기업가치에 미치는 영향의 차이 (The Difference in the Impact of Fashion Companies' ESG Activity Grade Levels on Management Performance and Corporate Value)

  • 김유빈;장심
    • 한국의상디자인학회지
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    • 제26권1호
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    • pp.99-109
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    • 2024
  • This study focused on analyzing the difference in the impact of non-financial performance, specifically ESG (Environmental, Social, and Governance) activity grade level, on management performance and corporate value among the 25 fashion companies listed on the Korea Exchange that completed their ESG evaluation in 2022. The companies were categorized into three levels based on their ESG evaluations: ESG Integrated Grade (ESG-T), ESG-E (Environmental), ESG-S (Social), and ESG-G (Governance). The study then empirically analyzed how these levels affected management performance and corporate value. The empirical analysis revealed significant differences in the impact on management performance and corporate value depending on the ESG activity grade level. Companies with higher ESG grades exhibited better management performance and higher corporate values across all ESG sub-variables (ESG-T, ESG-E, ESG-S, ESG-G) compared to those with lower grades. This finding demonstrates the influence of ESG activity grade levels on improving management performance and enhancing corporate value in fashion companies. The results of this research provide meaningful insights into the direction of sustainable management through ESG activities in fashion companies.

차체 충돌에 있어서의 보행자의 거동 및 손상에 관한 연구 (Study on the Behavior and Damage of Pedestrian at Car Body Impact)

  • 조재웅;한문식
    • 한국생산제조학회지
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    • 제20권2호
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    • pp.157-161
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    • 2011
  • The study for traffic safety improvement is so necessary to minimize the wound of pedestrian at car impact as to prevent pedestrian from this accident. This study aims at analyzing the behavior affected by impact on which car body hits pedestrian. Load and damage of pedestrian are also investigated. This model is the small car body as frame structure. The pedestrian is modeled with dummy by CATIA as Korean standard body style. The ear impacts the side of pedestrian with the speed from 30 to 90km/h. Behavior and damage of pedestrian at impact are analyzed by ANSYS. In case of 30km/h, The maximum pressure of dummy becomes the maximum value of 100MPa after the elapsed time of 0.1second and then seems to remain at 105MPa constantly. In case of 60km/h, its pressure becomes the maximum value of 110MPa at the elapsed time of 0.05second and decreases at 90MPa until the elapsed time of 0.1second. This value fluctuates after the elapsed time of 0.1second. In case of 90km/h, its maximum pressure becomes the maximum value of 155MPa at the elapsed time of 0.07second and fluctuates after the elapsed time of 0.07second until O.3second. This value seems to remain at 100MPa constantly after 0.3second until 0.5second. But this pressure increases suddenly just after 0.5second. Maximum deformations of dummy increase linearly according to elapsed time at hitting velocities of 30, 60 and 90km/h.

스프레더용 충격흡수기의 시스템 변화에 따른 최적설계 (The Optimum Design of Impact Absorbing System for Spreader in System Variations)

  • 홍도관;김동영;한동섭;안찬우;한근조
    • 한국항해항만학회지
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    • 제26권3호
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    • pp.311-316
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    • 2002
  • 본 연구에서는 항만하역장비인 스프레더용 충격흡수기의 개발을 위해 스프링과 오일댐퍼로 구성된 세 가지 형태의 모델에 대한 동적응답을 유한요소해석에 의해 수행하였다. 또한, 세 가지 모델의 충격흡수기에서 피스톤의 제한된 행정을 정적변수로 하고 목적함수인 충격에 대한 반력이 최소가 되도록 최적설계를 수행하였다. 본 연구의 결과로는 직렬식 2자유도계 모델의 반력이 가장 작게 나타났으며 그 다음으로는 1자유도계 모델, 병렬식 2자유도계 모델의 순으로 나타났다. 스프링상수와 감쇠계수의 변화가 반력에 미치는 영향을 확인하였으며, 최적설계 결과 각 모델에 대한 반력이 최소가 되는 스프링상수와 감쇠계수를 구하였다.

스마트 팩토리 품질요인이 스마트 팩토리 고도화 의도에 미치는 영향: 지각된 가치 및 스마트 팩토리 성과의 매개효과 (The Impact of the Quality Factor of Smart Factory on the Intention to accept Advance Smart Factor: Mediating Effect of Perceived Value and Smart Factory Performance)

  • 이상원
    • 한국콘텐츠학회논문지
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    • 제22권5호
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    • pp.367-382
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    • 2022
  • 본 연구에서는 국내 스마트 팩토리 도입 기업이 스마트 팩토리 품질(시스템 품질, 정보품질, 서비스 품질)에 대해 지각된 가치 및 성과를 통하여 현 수준보다 개선된 스마트 팩토리의 도입 및 확장 간의 관계를 분석하고자 하였다. 분석결과, 지각된 가치에는 정보품질, 서비스 품질 요인이 통계적으로 유의한 정(+)의 영향을 미치는 것으로 나타났다. 스마트 팩토리 성과에는 시스템 품질, 정보품질 및 서비스 품질 모두 통계적으로 유의한 정(+)의 영향을 미치는 것으로 나타났다. 마지막으로 지각된 가치는 스마트 팩토리 성과에, 지각된 가치와 스마트 팩토리 성과는 모두 스마트 팩토리 고도화 의도에 통계적으로 유의한 정(+)의 영향을 미치는 것으로 나타났다. 또한 시스템 품질과 정보품질은 지각된 가치와 스마트 팩토리 성과를 통해 지속가능성에 미치는 관계가 유의하게 나타났으며, 서비스 품질은 지각된 가치를 통해 스마트 팩토리 성과에 미치는 간접효과와 지각된 가치, 그리고 스마트 팩토리 성과를 통해 스마트 팩토리 고도화 의도에 미치는 간접효과 모두 유의한 것으로 나타났다. 이러한 결과는 본격적으로 스마트 팩토리를 도입하고 있는 기업들을 대상으로 한 스마트 팩토리 품질요인을 기반으로 스마트 팩토리 수준을 고도화할 수 있는 하나의 시사점으로 제시할 수 있다고 본다.

오스템퍼링 처리한 구상흑연주철의 기계적 성질 및 감쇠능에 미치는 Cu의 영향 (Effect of Cu on the mechanical Properties and damping capacity of austempered ductile cast iron)

  • 이광희;강창룡
    • 동력기계공학회지
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    • 제12권3호
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    • pp.72-77
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    • 2008
  • This study was investigated to know the effect of Cu addition on austempered ductile cast iron at various temperatures and times. Test results showed that the volume fraction of retained austenite and the carbon contents of retained austenite showed the greatest value at $400^{\circ}C$. Also, in case of specimens having more Cu contents, the volume fraction of retained austenite and the carbon contents of retained austenite showed the lower value. After austempering treatment, tensile strength and Impact value increased, but elongation decreased. With increasing austempering treatment temperature, tensile strength, elongation, and impact value decreased. In case of specimen having more Cu contents, tensile strength showed the higher value, but elongation showed the lower value. Damping capacity was decreased by austempering treatment and was not affected on austempering temperature and time. In case of specimen having more Cu contents, damping capacity showed the higher value.

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Influence of Public R&D Information Service Image on the Value and Satisfaction of Users

  • Lee, Sun Young;Suh, Sanghyuk
    • Asian Journal of Innovation and Policy
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    • 제6권2호
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    • pp.192-205
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    • 2017
  • The aim of this study is to investigate the relative impact of the image of information service on customer's perceived value and satisfaction of R&D information. It also seeks to assess the moderating effect of service users' skills on the value of the service image on the customer. For this purpose, a field study was conducted on users of a public R&D information service called NTIS (National Technology Information Service) in Korea. The findings show that the information service image has a significant impact on customers' perceived value and satisfaction. In addition, customers' perceived value is found to be an important indicator in strengthening customer satisfaction. Findings also reveal that individual personal computer skills moderate the relationship between service image and information value. Further research is needed to strengthen the independent variable in view of the increasing pressure to improve public service quality and customer management.

디저트카페의 선택속성이 경험가치와 재방문의도에 미치는 영향 (The Effects of Selection Attributes of Dessert Cafes on Experience Value and Revisit Intention)

  • 라채일
    • 한국조리학회지
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    • 제23권5호
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    • pp.77-86
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    • 2017
  • The purpose of this study is to investigate the impact of selection attributes of dessert cafes on experience value and revisit intention. A survey was conducted from June 3, 2017 to the June 27th, 2017 with dessert cafe users. Out of 200 responses collected, a total of 157 responses was included for the data analysis. The results from this study are as follows. First, it was found that, the menu features of selective attributes of dessert cafes only affected experience value. However, healthy menu, price, and atmosphere of selective attributes of dessert cafes didn't impact on experience value. Second, experience value of dessert cafes significantly influenced revisit intention. As a result, managers of dessert cafes need to develop an effective marketing strategy to improve the customer experience value so that customers can revisit their dessert cafe and will also develop the unique menu.

웹의 쇼핑가치, 고객만족, 전환장벽이 웹사이트충성도에 미치는 영향 (Effect of Shopping Value, Customer Satisfaction, Switching Barrier on Consumer Royalty of The Website)

  • 이옥희
    • 한국의류산업학회지
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    • 제12권1호
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    • pp.60-67
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    • 2010
  • The purposes of this study were to investigate the impacts of shopping value, customer satisfaction, and switching barrier on consumer loyalty to website. For this purpose, the study tested covariance structural model which set relationships among independent variable(shopping value), meditated variables(customer satisfaction and switching barrier), and dependent variable(website loyalty). The data were collected from a sample of 239 internet shopper of college female students. The covariance structural model and research hypothesis analyzed by using SPSS 16.0 and AMOS 5.0 program. The results are as follows: First, the structural model is accepted significantly. Second, shopping value had a positive influence on customer satisfaction and switching barrier. Third, shopping value, shopping satisfaction of customer, and switching barrier had a positive impact on website loyalty. Forth, shopping value had a positive impact on website loyalty directly, it was found to have a indirect effect on website loyalty through customer satisfaction and switching barrier.

중량충격음 어노이언스 반응에 대한 IACC 변화의 영향 (Effects of IACC and its Variation on Annoyance of Heavy-weight Floor Impact Sounds)

  • 센딜 쿠마르;사토신이치;전진용
    • 한국소음진동공학회:학술대회논문집
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    • 한국소음진동공학회 2006년도 추계학술대회논문집
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    • pp.626-630
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    • 2006
  • This study investigates the effects of Interaural Cross-correlation(IACC) and its variation on annoyance of the heavy-weight impact sounds. Subjects evaluated the annoyance of the heavy-weight floor impact sounds recorded in rooms of apartments which have different sound insulation treatments; furnished and occupied conditions are characterized by the ACF/IACF factors. A paired comparison test was conducted using the impact sound sources whose IACC and variation of IACC values were different. It was found that IACC is inversely correlated with the scale value(r=-0.62) whereas the variation of IACC is not(r=-0.34). On the contrary, ${\Phi}(0)$ is highly correlated with scale value of annoyance and ${\Phi}(0)$ is need to be controlled as constant to find the effect of IACC on annoyance.

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