• Title/Summary/Keyword: Business diversification

Search Result 330, Processing Time 0.024 seconds

Structural Change and Development Direction of The Fisheries Port Market (수산물 산지시장의 구조변화와 발전방향)

  • Kang, Jong-Ho
    • The Journal of Fisheries Business Administration
    • /
    • v.48 no.4
    • /
    • pp.1-10
    • /
    • 2017
  • The study analyzed the current status of fisheries port market and presented the direction of developments. The fisheries port market has become increasingly widespread due to the aging of the facilities and the scale of the fish product trade, and the number of distribution workers has also increased. The problems of fisheries port market are as follows. First, the transaction structure was changed as the proportion of aquaculture products increased. Second, the trading structure has changed, but it has failed to keep pace with the changes in the production structure. Third, the volume and amount of fish traded in aquaculture products and fish stocks increased. As a result, the growth rate of the fisheries port market is decreasing and profitability is deteriorating. The development direction of the fisheries port market is as follows. First, it is necessary to standardize the fisheries port market facilities, according to the type of fish products. Second, it needs to diversify its trade targets such as processed fish products and imported fish products. Third, it is necessary to diversify the business of the fisheries port market in order to increase profitability.

Financing Risk in Indonesian Islamic Rural Banks: Do Financing Products Matter?

  • WIDARJONO, Agus;ANTO, M.B. Hendrie;FAKHRUNNAS, Faaza
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.9
    • /
    • pp.305-314
    • /
    • 2020
  • This paper investigates the impact of profit and loss sharing (PLS) contracts on non-performing financing of Islamic rural banks as Islamic small banks focus on small and medium enterprises at province level across country. Our study employs panel data, consisting of 142 Islamic rural banks and using quarterly data from 2013Q1 to 2018Q4, and splits them based on the bank's size and geographical area. Both static and dynamic panel regressions are then applied. The results obviously indicate that a high proportion of profit and loss sharing contracts leads to high financing risk. The large Islamic banks encounter a higher non-performing financing stemming from profit and loss contracts compared to small Islamic banks. Profit and loss contracts also produce higher financing risk for Islamic banks outside Java, as those areas are less developed areas than Java itself. A more efficient Islamic bank is less financing risk. Income diversification lessens the impaired financing and, more particularly, large Islamic banks and Islamic banks located in Java much benefit by diversifying income and financing to lower financing risk. Our study suggests that Islamic rural banks may consider the optimal level of profit and loss sharing contracts to minimize financing risk.

The Relationship between Ownership Control Disparity and Firm Value: Empirical Evidence from High-Technology Firms in Korea

  • KIM, Su-In;SHIN, Hyejeong
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.5
    • /
    • pp.749-759
    • /
    • 2021
  • We investigate the relationship between ownership control disparity and future firm value in high-technology industries, and whether the effect of ownership control disparity on future firm value is differentiated when high-tech industry firms belong to chaebol groups. Using 11,848 firm-year observations of Korean firms listed on the stock market from 2006 to 2019, we employ univariate analysis and Heckman 2 stage analysis to test our hypotheses. We define high-technology industries as ICT industries based on the Korean Standard Industrial Classification. We measure future firm value using average Tobin's q for the next three years and ownership control disparity using the shareholding ratio of affiliated companies. Our univariate test results show that mean of Tobin's q is higher in ICT firms than non-ICT firms and firms largely owned by affiliates. In multivariate test, we find that the ICT firms with higher ownership control disparity are positively associated with future firm value. However, this association is lessened when firms belong to a chaebol group. Based on our findings, we suggest ownership control disparity has an additional positive effect on future firm in high-technology industries. The negative impact of chaebol groups on the association suggests the possibility of diversification discount in business group.

Usage and satisfaction of bed cloth fabrics: a reality study

  • Lee, Heeran
    • Journal of Fashion Business
    • /
    • v.20 no.6
    • /
    • pp.52-65
    • /
    • 2016
  • Presently, sleep disorders are rapidly increasing due to sudden social development and lifestyle diversification. Among the various factors contributing to comfortable sleep, bedclothes are a major factor that readily influence the sleeping conditions, as they directly come in contact with the human body. This study therefore researches use and purchasing status of bedclothes by consumers, as well as the subjective satisfaction. This would accordingly help us to understand the consumers' performance needs, and collect basic data to develop bedclothes that assist comfortable sleep. This study used multiple choice questions and a 5-point Likert scale in a survey-style research. The results of the study indicate that consumers prudently considered practicality and durability, as bedclothes are seldom purchased. The most preferred material was cotton, but the use of microfiber, a new material, has also increased. Further, consumers' preferred lightweight bedclothes that displayed excellent water absorption, thermal insulation, durability, detergency, and flexibility. Hence, bedclothes developed according to the results of this study are expected to aid comfortable sleep.

A Study on Promotion of Value Added Logistics(VAL) Activities of Lumber Hinterland in Incheon Northport (인천북항 목재배후단지 부가가치물류 활성화방안)

  • Chung, Tae-Won;Han, Jong-Khill
    • Journal of Navigation and Port Research
    • /
    • v.35 no.10
    • /
    • pp.847-853
    • /
    • 2011
  • The purpose of this study is to develope a series of business models for promotion of value added logistics activities of lumber hinterland in Incheon Northport. A set of policies to create value added developed are an import market diversification model using Incheon Northport, a model by building integration processing center by pallet facility, a model by joint logistics center, an export-oriented Pre-cut material development model and an export processing value added model.

A Basic Study on the BIM Service Based SLA for Setting the Application Level of BIM in the Procurement Phase (발주단계에서 BIM의 적용수준 설정을 위한 SLA 기반의 BIM 서비스에 관한 기초연구)

  • Kim, Ji-Yun;Yun, Seok-Heon
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2016.05a
    • /
    • pp.251-252
    • /
    • 2016
  • Recently policy and clouding system to mandate the introduction of BIM in construction industry, various sensors technology, BIM in ICT technology and fusion, such as 3D scanning and printing technology has been further activated. However, the expression level of diversification associated with it, plan within one of the BIM project, design, engineering, it is difficult to have a different application has been consistent for each field, such as construction. Thus fell the efficiency of BIM apply, it is difficult to determine the appropriate level of BIM in the business early stage in order destination of position. In this study, in order to solve this problem, by utilizing SLA used in the IT field, it attempts to explore scheme which can be evaluated targeted level of BIM suitable for business in the planning phase.

  • PDF

Integrated Resource Planning using Multi-Attribute Decision Analysis (한국형 통합자원계획을 위한 다속성 의사결정)

  • Kim, C.S.;Kwun, V.H.
    • Proceedings of the KIEE Conference
    • /
    • 1995.07b
    • /
    • pp.546-549
    • /
    • 1995
  • Recently, electric utility is facing substantially new stream of business environment, such as pressure of business restructuring, competition with private IPPs, diversification of supply-side and demand-side resource options, environmental externalities and uncertainties. Integrated resource planning(IRP) is very useful and powerful approach for solving complex and diversified electricity supply and demand problems. This paper presents a standardized IRP procedure using multi-attribute decision analysis approach. The selection of the most desirable plan is based on multi-attribute trade-off/risk analysis method and score ranking method. As a case study, 50 plans with 12 scenarios are analyzed.

  • PDF

A Design of University Information System Operation Audit Model based on ITIL V3

  • Kim, Hee-Wan;Kang, Bo-Ra;Kim, Dong-Soo;Moon, Song-Chul
    • Journal of Information Technology Applications and Management
    • /
    • v.25 no.3
    • /
    • pp.29-41
    • /
    • 2018
  • The purpose of constructing university information system is for improvement in diversification and throughput of information, streamlines business processes, rapid exchange of information, sharing of information, decision-making information, and securing educational facilities. Similar to business information technology system, university information system does not have a review system for sharing and overlapping investment of information. Due to the lack of project management for outsourcing and vulnerability of system suitability, system audit is absolutely needed for the university information system. This paper especially focuses on an operational phase in the audit of university information system. Additionally, we proposed operating model and checklists of the university information system based on Management Guidelines of ITIL V3 Operational and Information System. We derived the checklists of operation audit by each domain of service strategy, service design, service transition, service operation, and continual service improvement. As the result, this study appear to have more than average satisfaction the suitability results were.

The Effect of Construal Level on Variety Seeking across Subcategories

  • Suh, Jiyeon;Won, Eugene J.S.
    • Asia Marketing Journal
    • /
    • v.21 no.3
    • /
    • pp.1-20
    • /
    • 2019
  • The present study investigates how consumers' construal level affects their variety seeking behavior when choosing multiple items simultaneously. Especially the authors focus on the perceptual level at which variety seeking takes place and propose that variety seeking can take place not only at brand level but also at category or subcategory level. Categorical variety seeking refers to diversification of one's choices over multiple brands not within the same category but across multiple categories. Building on construal level theory, the authors expected that people engaging in higher-level construals tend to subcategorize the choice set and distribute their choices across more subcategories and designed four experiments to test the related hypotheses. The experimental results showed that consumers' construal level can affect the level at which variety seeking takes place and those with higher construal level tend to choose options seemingly more dissimilar to each other.

The Mediating Effect of Financial Literacy on Entrepreneurship and Nursing Start-Up Attitude

  • Chung Hee Woo;Hyeoeun Lee
    • Asian Journal of Innovation and Policy
    • /
    • v.12 no.2
    • /
    • pp.216-228
    • /
    • 2023
  • Expectations and demands for the paradigm of healthcare systems are changing in response to changes in the characteristics of population properties and industrial structures; therefore, it is time to prepare for the career diversification of nursing students who have mainly entered the clinical field. The study tested the pathway of financial literacy on the relationship between entrepreneurship and nursing start-up attitude among nursing students. We obtained data from 177 South Korean nursing students through email and mobile phone. The analysis of the mediating effect was performed by hierarchical multiple regression. The SPSS WIN program was adopted. Entrepreneurship and financial literacy of subjects had a significantly positive effect on nursing start-up attitudes. Financial literacy indirectly affected the relationship between nursing students' entrepreneurship and nursing start-up attitude, and significance was verified by Process Macro. Financial literacy can mediate between entrepreneurship and nursing start-up attitudes. These factors will provide an important basis for nursing students to grow into talented people with business capabilities. Nursing education should strengthen the foundation that promotes business competence in nursing students.