• 제목/요약/키워드: Accounting Change

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철도교통부문 온실가스배출 관리체계 구축방안에 관한 연구 (Establishment on management system for greenhouse gas emission of Railroad)

  • 김용기;이재영;이철규;이영호
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2010년도 춘계학술대회 논문집
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    • pp.2058-2063
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    • 2010
  • United Nations Framework Convention on Climate Change(UNFCCC) is one of the international environmental convention with the goal of stabilizing Greenhouse Gas(GHG) concent in the atmosphere and preventing potentially dangerous change in the earth's climate. The purpose of this convention is to reduce fossil fuel consumption and to prevent GHG emission. The Republic of Korea was one of the Annex-II parties submitted its national communication to the UNFCCC. As a developing county, there is no GHG emission reduction commitments made by South Korea during first commitment period(2008~2012). On the contrary, South Korea' status as an OECD member, joining in 1996, ranks 6th in GHG emission. Furthermore the rate of increase of GHG is first among OECD countries in year 2005. As a result, Korea will probably be incorporated into Annex-I in second commitment period (after 2013). So, Korea government established and announced Voluntary GHG Reduction scheme to reduce emissions of 4%(accounting for 30% reduction base on Business As Usual) from the 2005 level by the year 2020 for mitigation of reduction duty impact. In specific case of Korea, transportation section occupied almost 21% of total energy consumption and nearly 17% of total GHG emission at 2005, so systematic emission management is required. To do so, in this research, we focus on systematic way of GHG management system to handle GHG reduction duties in Railroad section.

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Impacts of the Real Effective Exchange Rate and the Government Deficit on Aggregate Output in Australia

  • Hsing, Yu
    • The Journal of Asian Finance, Economics and Business
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    • 제4권1호
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    • pp.19-23
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    • 2017
  • Based on a simultaneous-equation model consisting of aggregate demand and short-run aggregate supply, this paper estimates a reduced-form equation specifying that the equilibrium real GDP is a function of the real effective exchange rate, the government deficit as a percent of GDP, the real interest rate, foreign income, labor productivity, the real oil price, the expected inflation rate, and the interactive and intercept binary variables accounting for a potential change in the slope of the real effective exchange rate and shift in the intercept. Applying the exponential GARCH technique, it finds that aggregate output in Australia has a positive relationship with the real effective exchange rate during 2003.Q3 - 2013.Q2, the government deficit as a percent of GDP, U.S. real GDP, labor productivity and the real oil price and a negative relationship with the real effective exchange rate during 2013.Q3 - 2016.Q1, the real lending rate and the expected inflation rate. These results suggest that real appreciation was expansionary before 2013.Q3 whereas real depreciation was expansionary after 2013.Q2 and that more government deficit as a percent of GDP would be helpful to stimulate the economy. Hence, the impact of real appreciation or real depreciation on real GDP may change overtime.

이익 공시시점과 주가지연반응 (Timing of Earnings Announcement and Post-Earnings-Announcement-Drift(PEAD))

  • 김형순
    • 아태비즈니스연구
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    • 제9권4호
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    • pp.137-155
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    • 2018
  • It has been reported that there is a significant positive relationship between the unexpected earnings on the earnings announcement date and the cumulative abnormal returns following the earnings announcement date. This study investigates whether the results of prior studies are because the public announcement of shareholders' meeting date was selected as the event date instead of either the preliminary earnings disclosure date or the profit/loss change announcement date. The results of this study are as follows. First, post-earnings-announcement drift(PEAD) occurs when unexpected earnings were computed based on the prior period earnings and the public announcement of the shareholders' meeting date as the profit disclosure date. Second, when analyzing the PEAD with the unexpected earnings calculated using the financial analysts' forecasts, no PEAD has been found both on the date of the shareholders' meeting and the earlier date of the preliminary earnings disclosure, profit/loss change announcement, or the public announcement of the shareholders' meeting. Foster et al. (1984) analyze the PEAD using time series model and earnings forecasting model and suggest that the PEAD appears only in the time series model. In this study, too, in the case of using analysts' profit forecasts, the lack of the PEAD shows that the PEAD can be changed according to the method of measuring the unexpected earnings.

The Impact of Emotional Intelligence Orientation on Audit Sustainability: Empirical Evidence from Vietnam

  • PHAN, Hai Thanh;MAI, Thuong Thi;NGUYEN, Tung Thanh
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.1021-1034
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    • 2021
  • The study investigates and measures the impact of the emotional intelligence orientation on audit sustainability in Vietnam. Survey data for this research were collected from 260 auditors (CPAs) currently working in auditing firms, for the period from April 2020 to July 2020. In this study, we have built a model with two dependent variables (Emotional intelligence orientation and Audit sustainability) and six independent variables (Proactive audit vision, Continuous audit development, Dynamic audit experience, Audit environmental change, Stakeholder expectation pressure, Advocacy culture). The research methods used include Cronbach's Alpha test, exploratory factor analysis (EFA), confirmation factor analysis (CFA) and linear structural model analysis (SEM). The results showed that (1) Proactive audit vision, (2) Continuous audit development, (3) Dynamic audit experience, (4) Audit environmental change, (5) Stakeholder expectation pressure are positively related to emotional intelligence orientation. However, Advocacy culture is not positively related to Emotional intelligence orientation. The findings of this study suggest that emotional intelligence orientation positively impacts audit sustainability (similar to the findings by Thapayom, Ussahawanitchakit, & Boonlua, 2017, 2018 in Thailand). The results of this study provide a scientific basis for managers at auditing firms to make appropriate decisions to improve auditing activities in the coming years.

Applying Stochastic Fractal Search Algorithm (SFSA) in Ranking the Determinants of Undergraduates Employability: Evidence from Vietnam

  • DINH, Hien Thi Thu;CHU, Ngoc Nguyen Mong;TRAN, Van Hong;NGUYEN, Du Van;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.583-591
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    • 2020
  • Employability has recently become the first target of the national higher education. Its model has been updated to catch the new trend of Industry 4.0. This paper aims at analyzing and ranking the determinants of undergraduate employability, focusing on business and economics majors in Ho Chi Minh City, Vietnam. In-depth interviews with content analysis have been primarily conducted to reach an agreement on a key group of factors: human capital, social capital, and identity. The Stochastic Fractal Search Algorithm (SFSA) is then applied to rank the sub-factors. Human capital is composed of three major elements: attitude, skill, and knowledge. Social capital is approached at both structural and cognitive aspects with three typical types: bonding, bridging, and linking. The analysis has confirmed the change of priority in employability determinants. Human capital is still a driver but the priority of attitude has been confirmed in the contemporary context. Then, social capital with the important order of linking, bridging, and bonding is emphasized. Skill, knowledge, and identity share the least weight in the model. It is noted that identity is newly proposed in the model but a certain role has been found. The findings are crucial for education strategies to enhance university graduate employability.

The Impact of International Integration on the Inequality of Income between Rural and Urban Areas in Vietnam

  • NGUYEN, Thi Thanh Huyen;NGUYEN, Thi Thu Hien;NGUYEN, Thi Le Hang;NGUYEN, Van Cong
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.277-287
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    • 2020
  • The study examines the impact of international integration on Vietnam's rural and urban income inequalities using the regression model. The data used for this study is based on the results of the Vietnam Household Living Standards survey from 2008 to 2016 of the General Statistics Office. These surveys conducted nationwide with a sample size of 46,995 households in 3,133 communes/wards which were representative at national, regional, urban, rural and provincial levels. The level of international economic integration used in the study is the proportion of import and export turnover of GDP, the proportion of FDI and GDP by province. Due to the heterogeneity and unobservableness of the single observant in the data set, we selected the models of random and fixed effects. The research results show that during the economic integration process, the Export/GDP factor is negatively related to income inequality. The remaining factors (GDP per capita, FDI/GDP, Educational level of households, Percentage of internet users, Aggregation of foreign cash inflow and GDP of the province) are all positively related to income inequality. The findings help assess the impact of international integration on rural-urban income inequality, but also provides a concrete basis to help policymakers address income inequality in the integration process.

유해화학물질 유출의 사례 분석 (Case Analysis of the Harmful Chemical Substances' Spill)

  • 유지선;정영진
    • 한국화재소방학회논문지
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    • 제28권6호
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    • pp.90-98
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    • 2014
  • 최근 우리나라의 유해화학물질 사고는 반복적으로 재현되고 있다. 본 연구에서는 2008년~ 2014년 기간 동안 유해화학 물질 사고사례의 분석을 통해 유해화학물질의 문제점 및 대처방안에 대하여 조사했다. 우리나라의 유해화학물질 사고의 현황 중 유출에서는 작업장 내에서 유출이 2008년 58.6% (10건)으로 가장 높았고, 폭발에 따른 유출은 2004년 50%(5건), 2007년 25% (4건), 2011년 33.3% (4건)로 불규칙적으로 발생하였다. 유해화학물질의 대부분의 원인은 안전관리 미흡에서 발생하는 것으로 이해된다. 유해화학물질은 다양한 양상을 띠며 잔류성이 매우 높고 비가시적인 특징 때문에 대응 및 복구에 어려움이 많고, 먼 거리까지 이동해 제2의 피해인 환경오염을 일으킨다. 이에 유관기관의 공조체제 및 통합적인 시스템을 구축하여야 하고, 화학사고대응전문기관과 화학물질 대응 치료전문기관을 설립해 효율적이고 신속한 대응을 하여야 한다.

지속가능한 영농·영림을 위한 국내외 연구동향 및 향방 (Research Trends and Future Direction for Sustainable Agricultural and Forest Management)

  • 김학영;최성원;김준
    • 한국농림기상학회지
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    • 제17권3호
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    • pp.236-247
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    • 2015
  • 국내 영농과 영림은 최근 지구 온난화를 비롯한 환경 변화와 더불어 급격한 경제 사회적 변화로 인해 어려움을 겪고 있고 이를 극복하기 위한 열쇠로 "지속가능성"이 검토 되고 있다. 본 연구를 통해 지속가능한 영농 영림을 위한 국내외의 다양한 접근 방법들을 살펴본 결과 1) 지표접근법, 2) 계정접근법, 그리고 3) 생태학적 접근법을 통해 지속가능한 영농 영림 지수 등의 연구개발이 활발히 진행되고 있음을 확인할 수 있었다. 그러나 국내에서는 아직 생태학적 접근법을 통한 지속가능한 영농 영림 관련 연구를 찾기가 쉽지 않다. 이에 대한 연구는 그간 기후변화에 대응하여 기상청 농촌진흥청 산림청 등에서 확보한 영농 영림 기상 및 생태자료와 특히, 지난 10여 년간 농경지와 산림에서 플럭스 관측을 통해 확보하고 있는 대기-생태계간 에너지, 물 및 이산화탄소 교환량 데이터를 기반으로 수행될 수 있다. 국제 사회의 노력에 발맞춰 지속가능한 영농 영림을 위한 연구 역량을 충분히 구축할 수 있도록 하기 위해 단계별 연구 추진을 제안한다.

NFC를 활용한 능동형 인증 방법 (Active Authentication Method using NFC)

  • 이민구;김동완;손진수
    • 한국통신학회논문지
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    • 제37권2C호
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    • pp.140-156
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    • 2012
  • 최근 NFC(Near Field Communcation) 기반 통신 기능을 채용한 스마트기기 및 OS 등이 확산됨에 따라 기존 RFID를 이용하던 다양한 응용 분야에 대하여 NFC로의 대체가 진행되고 있다. 대표적으로 출입 통제나, e-ticket, 전자 결제 등의 분야에서 NFC가 RFID를 대체하고 있다. 기존의 RFID는 수동적 통신 기능만 제공하여 충분히 안전한 인증 및 권한 검증 방법을 제시하지 못하였으나, 능동형 통신기능을 제공하는 NFC를 활용하면 보다 안전한 인증 방식을 제공하여 다양한 응용에서 요구하는 보안 요구사항을 만족시킬 수 있다. 그러므로 본 논문은 NFC의 능동형 통신 기능을 활용하여 신용카드 결제, 출입통제 시스템 등에 활용될 수 있는 능동형 인증 방식을 제공할 수 있는 방법으로 EAP(Extensible Authentication Protocol)과 AAA(Authentication. Authorization and Accounting) 규약을 활용하는 방법을 제안한다.

Corporate Social Responsibility and the Pricing of Seasoned Equity Offerings: Does Executive Firm-Related Wealth Matter?

  • PHAM, Hong Chuong;NGO, Duc Anh;LE, Ha Thanh;NGUYEN, Thiet Thanh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권8호
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    • pp.297-308
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    • 2020
  • This study exemines the roles of corporate social activity (CSR) and executive compensation structure on the pricing of seasoned equity offerings (SEOs) with special focus on the role of CSR in reducing the level of information asymmetry between managers and future shareholders of issuing firms through SEOs. This study also investigates the interaction between executive compensation structure and CSR on the discounting of SEOs. We use a sample of 2,102 seasoned equity offerings of U.S. firms with CSR scores from 1995 to 2015 in our OLS fixed effect regression analysis. The results show that issuing firms with high CSR are more likely to expericence a lower degree of the SEO discount. The results also document a positive association between CSR and a high proportion of equity-based compensation of issuing firms' executives. The findings of this paper confirm that CSR attenuates the impact of information asymmetry and the pre-SEO price uncertainty on the pricing of the offers and hence the SEO discount. Furthermore, CSR reinforces the impact of executive firm-related wealth on the discounting of seasoned equity offerings. It appears that firm-related wealth motivates managers to actively engage in reducing information asymmetry activities before SEOs, thereby decreasing the SEO discount.