• The Journal of Asian Finance, Economics and Business
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• 제7권8호
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• pp.233-246
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• 2020

This paper investigates the effect of the involvement of the board chairman in the audit committee (AC) on earnings management (EM). It examines Bursa Malaysia-listed companies with the lowest positive earnings for the years 2013 to 2015. The Modified Jones Model by Kasznik (1999) was used to determine discretionary accruals. An AC that includes its board chairman as an ordinary member is associated with greater discretionary accruals. However, a board chairman who is also the chairman of the AC does not seem to influence discretionary accruals. This paper supports the agency theory and policy-makers' efforts to prevent board chairmen from sitting on ACs. It is the first study that uses the agency theory to describe the association between the board chairman's involvement in the both AC and EM. This study alerts policy-makers, stakeholders and researchers to the influence of a board chairman serving on the AC in curbing EM. Furthermore, it provides empirical evidence that the majority of Malaysian companies whose board chairmen are involved in the AC appoint the chairman as an ordinary member of the AC. This indicates that executive directors may affect such actions. Hence, more policies are needed to improve AC independence.

• 한국문헌정보학회지
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• 제54권4호
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• pp.239-259
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• 2020

학술지의 질적 수준을 제고하고 국제적 이용도를 높이기 위한 방안 가운데 하나로 편집위원회 구성의 중요성이 높아지고 있다. 본 연구에서는 사회과학 분야의 국내 발행 학술지 가운데 WoS와 SCOPUS에 등재된 학술지를 대상으로 편집위원회(Editorial Board Member: EBM)의 구성을 분석하여 학술지의 국제화를 도모하기 위한 고려사항을 도출하였다. 연구 결과, 사회과학 분야 학술지의 국제화를 위해서는 이론과 실무의 융합을 도모할 수 있는 EBM의 구성, EBM의 업무 효율화를 위한 지역적 측면의 고려, 영어 기반의 학술 커뮤니케이션 효율화를 고려한 EBM의 구성, 학계와 현장을 연계할 수 있는 연구진의 EBM 참여 등을 고려해야 하는 것으로 분석되었다.

• International Journal of Knowledge Content Development & Technology
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• 제3권1호
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• pp.5-17
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• 2013

A study of the members of the editorial boards of 16 leading LIS journals shows that the boards vary markedly in size, in diversity (in terms of both gender and nationality) and in the experience and publication/citation profiles (based on Web of Science data) of their board-members. A typical editorial board member will be male, work in the USA, have published their first LIS article in 1995, and have 9.5 publications and 39 non-self citations to those publications, with the publication/citation profiles differing significantly from those of non-board-member contributors to the 16 journals.

• Journal of Periodontal and Implant Science
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• 제45권4호
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• pp.127-127
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• 2015

• 한국인구학
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• 제14권2호
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• pp.71-77
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• 1991

• The Journal of Asian Finance, Economics and Business
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• 제7권6호
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• pp.61-71
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• 2020

The study examines the impact of corporate governance mechanisms, such as board characteristics on corporate social responsibility disclosure (CSRD). The data on CSRD items and board characteristics have been collected by content analysis of the annual reports of 30 publicly-listed banks in Bangladesh covering six years, from 2013 to 2018. More specifically, the directors' report, the chairman's statement, notes to the financial statement and CSR disclosure reports included in annual reports were used to collect the CSRD data. The empirical analysis applies the ordinary least square and the generalized method of moments. The results of the study have revealed that board size, board independence, female board member, and foreign directors have a significant positive impact on CSRD. By contrast, political directors and audit committee size have a negative impact on CSRD. Interestingly, accounting experts on boards ensure more CSRD as they curb the influence of politicians on the board. Thus, it is better to increase accounting experts and decrease politicians on the board. These findings provide valuable insights into the process of forming a suitable CSR policy by connecting the efforts of the board, government, and regulatory bodies to enhance the performance of banks to CSR as well as to CSRD.

• The Journal of Asian Finance, Economics and Business
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• 제7권9호
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• pp.283-291
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• 2020

Although the corporate governance plays a crucial role in protecting shareholder wealth, the effect of corporate governance on cost of debt is unclear. On one hand, the corporate governance reduces asymmetric information between corporate and external investor including debtholder leading to a decreasing in cost of debt financing. On the other hand, bondholders require higher rate of return for an improvement corporate governance. Hence, this study aims to investigate the relationship between the mechanism to improve corporate governance namely board effectiveness and the cost of debt in an emerging market. As we aim to explore the relationship between cost of debt and board effectiveness, we select corporation in Thailand as our sample because the businesses in Thailand are major debt-financing. Hence, our sample include listed firm in Stock Exchange of Thailand between 2007 and 2016. Our main findings support the sub-optimal investment hypothesis in that improved board effectiveness is associated with higher cost of borrowing. In addition, we find that the number of board member-board size, the number of board meeting, and the percentage of non-executive on audit committee play are positively associated with the cost of debt financing. Furthermore, we perform two-stage-least square (2SLS) to ensure that our results are far from endogeneity issue.

• 한국방재학회 논문집
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• 제8권3호
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• pp.67-75
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• 2008

본 논문은 형강을 이용한 강-콘크리트 합성복공판 기술개발에 관한 것이다. 기존의 롤포밍 단면을 배제하고 형강을 이용하여 효율적인 강합성 단면을 구성함으로써 제작성과 경제성을 확보하고, 전단연결재의 개선을 통해 합성성능 뿐만 아니라 차후 콘크리트와 강재의 분리에 용이한 구조를 개발하였다. 성능검증 실험결과 기존의 전단연결재만으로는 강재와 콘크리트의 합성거동을 이루는데 한계가 있음을 확인하였다. 나아가 개발 복공판은 설계하중대비 5배 이상의 극한 내하력을 확보하고 있으며, 200만회 피로성능시험에 대해서도 손상이 거의 발생하지 않으며 우수한 구조성능을 나타냈다. 따라서, 형강을 이용한 합성단면 구성을 통해 구조성능 확보뿐만 아니라 기존 합성복공판 대비 약 27% 정도의 강재량 감소가 가능함을 확인하였다.

• Archives of Reconstructive Microsurgery
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• 제16권2호
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• pp.133-143
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• 2007

For the better success in the society, it is important to collect opinions from members. The progress was slow before because it was hard to collect the opinions from each member. But since we have opened the web site it gets easier to evolve with the society for microsurgery, and expect to have active participations from the members. We make 20 questions in three different groups. The researches are made on participation, development in science council that starting from 2005 October to 2007 June, education on training with member's preference to thesis and individuality and suggestion. Thus we have results following to that research. 1.75% of the members vote for the lecture has to be substantial, and also want the atmosphere of the council to be more sincere. 46.2% of members want the council to be not only exchange information but also the place to experience the social intercourse. 2. When the thesis is present and submitted that will also connect to main society. It will be counted as equal as board thesis, only if the thesis can count in both plastic & reconstructive surgery and orthopedic surgery. Then it will be scored as same as examination of board, and will be a receipt of paper by home page 3. The information-oriented project on our council is slower than what members expected. 100% of members voted yes to online thesis examination, and 66.7% of members voted for preference of web site. We need to make improvements on our web pages as soon as possible such as online payment with credit card. 4. According to the result of questionnaire, our web site helps member's participation in council and eventually become a bridge between members. We hope the questionnaires would help us to develop the council and eventually would help us to society with each other in the council. We also hope this council would be the one that connect all of us in society.

• 한국콘텐츠학회논문지
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• 제16권3호
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• pp.346-353
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• 2016

본 연구는 소유와 경영이 철저히 분리되어 있지 않아 지배주주일가가 존재하는 기업이 대다수인 한국기업의 상황에서, 가족임원의 효과에 대해 고찰한다. 가족임원은 기업과 자신을 동일시하고 후손에게 기업을 물려주고자 하는 가족경영자와 일맥상통하는 특성을 가진다. 이와 같이 기업의 장기적 생존과 번영을 중요시하는 가족임원이 이사회 내에 존재한다는 것은 기업의 성과에 긍정적인 영향을 줄 것이다. 한편, 이사회와 대비하여 최고경영자의 측면에서, 전문경영자는 경영능력의 전문성을 장점으로 하지만 사적인 이익의 추구 가능성이라는 단점을 동시에 가지고 있다. 그러나, 이사회 내에 가족임원이 존재하고 있다면 이들이 전문경영자에 대한 원활한 견제의 기능을 가지게 됨으로써 사적 이익 추구라는 단점은 해소되고 경영능력의 전문성이라는 장점을 바탕으로 기업성과에 대해 가족임원이 주는 긍정적인 효과를 더욱 강화시키는 효과를 가질 것이다. 이상의 연구 주제를 2004년부터 2010년까지의 7개년도 firm-year 2,456개의 panel data를 통해 실증하였고, 가설들이 모두 지지되었다.