• Title/Summary/Keyword: Analysts

Search Result 386, Processing Time 0.024 seconds

The Relationship between Star Employee Ratio and Firm Performance: An Analysis of Korean Sell-Side Analysts (스타 인재의 비율과 증권사 재무성과의 관계에 대한 연구 - 국내 증권사의 애널리스트를 중심으로 -)

  • Ok, Chi-Ho;Ahn, He-Soung
    • Management & Information Systems Review
    • /
    • v.34 no.3
    • /
    • pp.101-123
    • /
    • 2015
  • Amidst the growing uncertainty in external environments, securing and retaining superior human resources is becoming emphasized as a key means for organizations to achieve competitive advantages. Particularly, star employees-human resources that are characterized by their ability to create extraordinary performance relative to other peers-are increasingly gaining attention in both academia and industry because of its importance in knowledge-based industries. However, despite the prevailing recognition for star employees, few previous literature have attempted to empirically test the direct relationship between the ratio of star employees in an organization and organizational performance. Considering both the potential for positive and negative influence of star employees on organizations, the relationship between the ratio of star employees and organizational performance can not only be a simple linear relationship but can also exist in a curvilinear form. Building on the existing literature on star employees, this paper establishes competing hypotheses for the two possibilities of curvilinear relationship; as the ratio of star employees increases, marginal effects can either increase (i.e., U-shaped curvilinear relationship) or decrease (i.e., inverted U-shaped curvilinear relationship). Employing an unbalanced panel data of 35 Korean brokerage firms between years 2008 and 2013 with 134 observations, the relationship between the ratio of best analysts (i.e. star employees) as selected by Maeil Business Newspaper and financial performance (i.e. organizational performance) of corresponding brokerage firms is examined. Empirical results indicate that while organizational performance increases as the ratio of star employees increases, its positive effect diminishes over time which provides support for the curvilinear relationship with decreasing marginal effects. Our research findings imply that star employees create value in knowledge-based industries; at the same time, implications are given as results calls for caution for excessive dependence on star employees beyond a certain level.

  • PDF

The Matching Principle, Earnings Persistence and Information Asymmetry (수익비용대응, 이익지속성 및 정보비대칭)

  • Lee, Kyu-Jin
    • The Journal of the Korea Contents Association
    • /
    • v.19 no.5
    • /
    • pp.280-286
    • /
    • 2019
  • This study first examines whether the matching principle reduces information asymmetry and verifies the effect on earnings sustainability and information asymmetry. In the presence of information asymmetry between managers and information users, managers can reduce information asymmetry by increasing the quality of earnings. Information asymmetry is measured by the financial analysts' earnings forecast variance. When we look at the results of previous studies, verify whether information asymmetry decreases as the response to the revenue cost increases and whether negative relationship between profit persistence and information asymmetry appears when the response to the revenue cost is high. As a result, firms with high revenue cost response showed a decrease in information asymmetry. The persistence of the earningss from the high earnings-cost response shows that the analysts' earnings forecast dispersion decreases. This means that the better the response to the revenue cost, the better the quality of the earnings and the less the information risk about the uncertainty of the enterprise. This study is different from the previous studies in that it analyzed whether the persistence of the earnings that responded to the high revenue cost reduces the information asymmetry. The results of this study suggest that managers can reduce the information asymmetry by carrying out appropriate revenue - cost responses, which provides important implications for stakeholders who use accounting earnings information.

Chinese Construction Market for Foreign Construction Enterprises using SWOT

  • Zhi, Wang En;Woo, Moon Sung
    • Journal of Construction Engineering and Project Management
    • /
    • v.4 no.2
    • /
    • pp.23-30
    • /
    • 2014
  • The remarkable growth of China's economy over the past several decades has obtained tremendous achievements. The construction industry play a leading role un this rapid economic expansion. And China's huge construction market gives it great economic influence around the world, it has attracting many enterprises to entry, although many enter barriers and market risks exist. However many construction enterprises have not doing well, especially foreign construction enterprises are not doing as well as we thought in the Chinese construction market. Although China's construction market has great development and become increasingly open, foreign investors and contractors now have much broader access to the Chinese construction market than before. But nonetheless, there are a wide range of practical problems that bring potential risks for them to invest in China. This paper aims to identify foreign construction enterprises' position by understanding the local market environment, and adopt he SWOT analysts Identifies the foreign construction enterprises' strengths, weaknesses, opportunities, and threats in the Chinese construction market, to Proposes appropriate Strengths-Opportunities (SO), Weaknesses-Opportunities (WO), Strengths-Threats (ST) and Weaknesses-Threats (WT) strategies to make the foreign construction enterprises movling forward.

A Safety Evaluation Method for a Product Design Planning Stage: Application of AHP and Fuzzy (AHP 및 Fuzzy를 이용한 제품기획단계에서의 안전성 평가)

  • Park, Ji-Young;Cho, Am
    • Journal of the Ergonomics Society of Korea
    • /
    • v.27 no.2
    • /
    • pp.15-24
    • /
    • 2008
  • As users increasingly recognize the importance of safety and the Product Liability comes into effect, a company should take responsibility of protecting the users who use its product. In order to produce a safe product and satisfy the needs of users, it is critical for develope opriately and understand the characteristics of the product accurately. Furthermore, a safe product can be realized by considering a safety level of the product in a whole product development process. However, in general, product development projects hardly evaluate the safety of a product in the product planning step. In addition, most of safety evaluation methods which are applied in the product planning step have a tendency to be qualitative because a detailed product design step. Therefore, this research aims at enhancing the performance of the safety evaluation process by applying quantitative methods such as 'AHP' and 'Fuzzy'. AHP can help analysts derive the weight of safety factors. Fuzzy is applied to evaluate the degree of safety of product elements in this paper. The proposed method will be able to improve the safety level of a product by using the quantitative methods in the product planning step.

Why Systems Analysts Ignore Socio-Organizational Concerns During Systems Analysis\ulcorner

  • 김종욱;김병곤
    • The Journal of Information Systems
    • /
    • v.9 no.1
    • /
    • pp.189-216
    • /
    • 2000
  • 오늘날 정보시스템 실패의 많은 원인이 기술적인 문제만을 중시하고 정보시스템과 관련된 조직, 또는 관리적인 요소들을 소홀히 하기 때문이라는 지적이 있다. 여러 MIS 학자들은 정보시스템 개발 시 이러한 기술적인 관점에로의 편중의 원인을 시스템 개발자들이 가진 편협된 준거체계(Frame of reference)에서 찾고 있다. 그러나 이러한 주장들은 아직까지 단순히 이론적인 단계에 그치고 있는데, 본 연구는 이러한 주장에 대한 실증적 근거를 제시하고자 한다. 그 방안으로 본 연구는 시스템 분석가의 준거체계와 시스템 개발 시 분석가가 발견하는 개발시의 문제의 유형간의 관계를 제시하고 있다. 본 연구의 결과 사회-기술적(Socio-technical)이거나 사회적인(Socio) 준거체계를 가진 분석가들이 기술적인(Technical) 준거체계를 가진 분석가들보다 더 조직적인 문제를 많이 발견하고 중시함이 나타났다. 그리고 통계적으로 유의하지는 않았지만, 사회-기술적인 시스템 분석가들이 사회적이거나 기술적인 준거체계를 가진 분석가들 보다 기술과 조직적인 문제 모두에 균형있는 관점을 유지하고 있음을 알 수 있었다. 이러한 본 연구의 연구결과는 학문적이며 실무적인 시사점을 제시하고 있다. 우선 학문적 시사점을 살펴보면, 시스템 개발 현장에서 조직과 관리적인 관점의 문제가 소홀히 다루어지는 원인을 알아 볼수 있는 이론적 배경을 제공하고 있다는 것이다. 그리고 실무적 시사점은 보다 균형 있는 시각을 가진 시스템 분석가를 만들기 위하여 학교 프로그램에서 어떤 교과과정을 만들어야 하며, 또 기업의 정보시스템 관리자들이 평소에 어떤 문제들을 보다 많이 강조하고 상기시켜야 할 필요가 있는지를 알려 준다는 것이다.

  • PDF

Harmonic frequency analysts of acoustic Barkhausen noise on neutron irradiated material (중성자조사재료의 acoustic Barkhausen noise의 harmonic frequency 분석)

  • Sim Cheul-Muu;Park Seung-Sik;Koo Kil-Moo;Sohn Jae-Min;Lee Chang-Hee
    • Proceedings of the Acoustical Society of Korea Conference
    • /
    • autumn
    • /
    • pp.401-406
    • /
    • 1999
  • In relation to a non-destructive evaluation of irradiation damages of micro-structure interstitial, void and dislocation, the changes in the hysteresis loop, Barkhausen noise amplitude and the harmonics frequency due to a neutron irradiation were measured and evaluated. The Mn-Mo-Ni low alloy steel of RPV was irradiated to a neutron fluence of $2.3\times10^{19}\;n/cm^2\;(E\geq1\;MeV)\;at\;288^{\circ}C$. The saturation magnetization of neutron irradiated metal did not change. The neutron irradiation caused the coercivity to increase, whereas susceptibility to decrease. The amplitude of Barkhausen noise parameters associated with the domain wall motion were decreased by a neutron irradiation. The spectrum of Barkhausen noise is analysed with an applied frequency of 4 Hz and 8 Hz, sampling time of $50\;{\mu}sec\;and\;20\;{\mu}sec$. The harmonic frequency shows 4 Hz, 8 Hz, 12 Hz; and 16 Hz reflected from an unirradiated specimen. On the contrary, the harmonic frequency disappeared on the irradiated specimen.

  • PDF

A Study on the Design of Low-Code and No Code Platform for Mobile Application Development

  • Chang, Young-Hyun;Ko, Chang-Bae
    • International journal of advanced smart convergence
    • /
    • v.6 no.4
    • /
    • pp.50-55
    • /
    • 2017
  • Workers' demands for new applications, especially mobile applications, are increasing. Many industry analysts, researchers and corporate executives say the demand for mobile applications is becoming increasingly difficult to follow in the IT department. Gartner predicts that by 2021, the demand for mobile application development within the enterprise will increase about five times faster than IT can deliver applications. The purpose of this paper is to provide an environment where non-developers who are in charge of business development can develop apps and webs for their work. The basic concept of a new innovative App development tool, Smart Maker Authoring Tool is to develop Apps on the level using easy-to-learn Word or Excel in a computer. The main feature is that the app is developed by a non-developer worker. The coding technology is perfectly optimized to the structure and operation mechanism of the IT Infra such as hardware devices and operating system, which are the targets for implementing a desired function. Rather, it shows excellent software productivity. The most important feature of future business development is that it is developed by a non-developer worker. In this paper, we propose a no-code and low-code platform for non - developers to develop their business. In the future, we will link the IoT based Arduino system and artificial intelligent interpretation system.

A Study on Human Error Countermeasures considering Hazardous Situational Context among Organizational Factors in NPP (원전에서 조직 위험요소의 상황적 맥락을 고려한 인적오류 관리방안 제고)

  • Luo, Meiling;Kim, Sa-Kil;Lee, Yong-Hee
    • Journal of the Korean Society of Safety
    • /
    • v.30 no.1
    • /
    • pp.87-93
    • /
    • 2015
  • Most incidents and accidents involved human during operating NPPs have a tendency to be structured by complicated and various organizational, individual, and environmental factors. The salient feature of the human error in NPP was extremely low frequency, extremely high complicated and extremely serious damage of human life and property. Our research team defined as 'rare human errors'. To prevent the rare human errors, the most researchers and analysts insist invariably that the root causes be made clear. The making them clear, however, is difficult because their root causes are very various and uncertain. However, These tools have limits that they do not adapt all operating situations and circumstances such as design base events. The purpose of this study is to improve the rare human error hazards consider the situational contex. Through this challenging try based on evidences to the human errors could be useful to prevent rare and critical events can occur in the future.

A Visualization System for Multiple Heterogeneous Network Security Data and Fusion Analysis

  • Zhang, Sheng;Shi, Ronghua;Zhao, Jue
    • KSII Transactions on Internet and Information Systems (TIIS)
    • /
    • v.10 no.6
    • /
    • pp.2801-2816
    • /
    • 2016
  • Owing to their low scalability, weak support on big data, insufficient data collaborative analysis and inadequate situational awareness, the traditional methods fail to meet the needs of the security data analysis. This paper proposes visualization methods to fuse the multi-source security data and grasp the network situation. Firstly, data sources are classified at their collection positions, with the objects of security data taken from three different layers. Secondly, the Heatmap is adopted to show host status; the Treemap is used to visualize Netflow logs; and the radial Node-link diagram is employed to express IPS logs. Finally, the Labeled Treemap is invented to make a fusion at data-level and the Time-series features are extracted to fuse data at feature-level. The comparative analyses with the prize-winning works prove this method enjoying substantial advantages for network analysts to facilitate data feature fusion, better understand network security situation with a unified, convenient and accurate mode.

Analysis of Trace Impurities in The Bulk $H_2$ and He Gases by a Cold Concentration Method (저온 농축법에 의한 수소와 헬륨 중의 미량가스 분석)

  • Lee, Taeck Hong;Park, Doo Seon;Son, Moo Ryong
    • Journal of the Korean Chemical Society
    • /
    • v.42 no.5
    • /
    • pp.526-530
    • /
    • 1998
  • Analysis of trace impurities in the gases has been very important with the development of semi-conductor related industry. Particularly, the contamination of the gas handling systems in a semi-conductor plant by the air has been a trouble to the manufacturers. Thus, the analysis of the air components in the system has been a task to the analysts. In this study, we report the analysis data with a expanded uncertainty for the trace impurities of nitrogen and argon in the bulk helium and hydrogen. All data show a good correspondence, exhibiting reliable statistical error ranges.

  • PDF