• Title/Summary/Keyword: Causal association

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Relationships Between Corporate Social Responsibility, Firm Value, and Institutional Ownership: Evidence from Indonesia

  • HERMEINDITO, Hermeindito
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.365-376
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    • 2022
  • This study aims to look into the causal relationships between corporate social responsibility and firm value, corporate social responsibility and institutional ownership, and firm value and institutional ownership. This study develops a triangle model of causal relationships among the three endogenous variables. Samples for this study are manufacturing companies listed on the Indonesia Stock Exchange for the period 2014-2018. The model is operated in the system of simultaneous equation models using the generalized method of moments technique to estimate parameter coefficients. After controlling the effects of trade-off/balancing capital structure and managerial ownership, the research findings show a positive causal relationship between CSR and firm value and firm value and institutional ownership. Institutional ownership has a positive effect on CSR, while the effect of CSR on institutional ownership is negative in the firms without managerial ownership and positive in the firms with managerial ownership. This study finds that the causal relationship between CSR and firm value is stronger after the trade-off/balancing of capital structure is included in the model. Capital structure has a convex effect on firm value and positively impacts institutional ownership. In addition, an independent commissioner has a negative impact on CSR but has no direct impact on firm value.

Investigation on Causal Relationships between Home Environment and Children's Self-efficacy (가정환경과 아동의 자기-효능감간의 인과모형 탐색)

  • Woo, Hee Jung;Lee, Sook
    • Korean Journal of Child Studies
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    • v.15 no.1
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    • pp.71-90
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    • 1994
  • This study investigated sex differences in children's self-efficacy and causal relationships between children's self-efficacy and home environment. The home environment factors included mother's efficacy, marital satisfaction, child rearing attitudes, and socio-economic status. The subjects were 491 fifth and sixth grade children and their mothers. The data were analyzed by t-test using the SAS $PC^+$ program and covariance structural analysis using the PC-LISREL VI. The results showed that there were no sex differences in children's global self-efficacy level, but there were sex differences in some subfactors. Furthermore, we found that the same causal model appears for both sexs in the relationship between home environment and children's self-efficacy. That is, socio-economic status of the home and mother's psychological factors influenced mother's attitudes for child rearing which had a direct impact on children's self-efficacy.

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Assessing the Causal Relationships of Attitude toward Fish Eating, Health Involvement, Convenience, Fish Consumption and Age (생선 섭취태도, 건강몰입, 편의성, 생선 소비와 연령의 인과관계 평가)

  • Kang, Jong-Heon;Ko, Beam-Seok
    • Korean Journal of Human Ecology
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    • v.16 no.5
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    • pp.1031-1040
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    • 2007
  • The purpose of this study was to assess the causal relationships of attitude toward fish eating, health involvement, convenience, fish consumption and age. A total of 235 questionnaires were completed. Structural equation model was used to assess the causal relationships among constructs. Results of the study demonstrated that the structural equation analysis result for the data also indicated excellent model fit. The influences of age on health involvement and convenience were statistically significant. The influences of health involvement on attitude toward fish eating and fish consumption behavior were statistically significant. The influence of convenience on fish consumption behavior were statistically significant. Moreover, the age had a significant indirect effect on attitude toward fish eating through health involvement. The age also had a significant indirect effect on fish consumption behavior through convenience.

Causal model analysis between quantity and quality for deriving ranking model of Online reviews (온라인리뷰의 랭킹모델링을 위한 양과 질의 인과모형 분석)

  • Lee, Changyong;Kim, Keunhyung
    • The Journal of Information Systems
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    • v.28 no.1
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    • pp.1-16
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    • 2019
  • Purpose The purpose of this study is to analyze causal relationship between quantity and quality for deriving ranking model of Online reviews. Thus, we propose implications for deriving the ranking model for retrieving Online reviews more effectively. Design/methodology/approach We collected Online review from Tripadvisor web sites which might be a kind of world-famous tourism web sites. We transformed the natural text reviews to quantified data which consists of quantified positive opinions, quantified negative opinions, quantified modification opinions, reviews lengths and grade scores by using opinion mining technologies in R package. We executed corelation and regression analysis about the data. Findings According to the empirical analysis result, this study confirmed that the review length influenced positive opinion, negative opinion and modification opinion. We also confirmed that negative opinion and modification opinion influenced the grade score.

Design and Evaluation of Multicast Message Delivery Algorithm for Mobile Networks (이동통신망을 위한 멀티캐스트 메시지 전달 알고리즘의 설계 및 평가)

  • Jang, Ik-Hyeon
    • The Journal of the Korea Contents Association
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    • v.9 no.12
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    • pp.537-545
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    • 2009
  • In this paper, we proposed an effective multicast causal order algorithm with hand-off protocol for mobile networks. Since the size of control informations needed to enforce message transfer order has much influence on the performance of hand-off and message transfer in mobile networks, size of control information need to be minimized. We reduced the size of control information by analyzing all the valid communication patterns and pruning redundant information not required to enforce causal order as early as possible, and used hand-off protocol which requires minimal amount of control information to be transferred. By simulation, we found that the proposed algorithm showed better performance than other existing algorithms.

Substitute or Complementary among Types of Special Interest Tourism and A Causal Relationship between Total Individual Tourism Demand and Each Types -Application of Correlation Analysis and Econometrics Models- (특수목적관광 유형 간의 대체보완 및 총 관광수요와의 영향관계 -상관관계분석 및 계량경제모형의 활용-)

  • Gwak, Gang-Hee
    • The Journal of the Korea Contents Association
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    • v.11 no.8
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    • pp.409-418
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    • 2011
  • An aims of this study is to examine substitute or complementary among types of special interest tourism and a causal relationship between total individual tourism demand and each types. Of 500 surveyed respondents in Seoul, 348 was valid to analyse. As statistical analysis method, correlation analysis was utilized for substitute or complementary and Econometrics models were applied for causal relationship. The results of this study demonstrate that agro tourism and ocean tourism lie on substitute which means competitive. Also, ocean tourism has had more impacted on total individual tourism demand than any other types of special interest tourism.

Cognitive Conflict and Causal Attributions to Successful Conceptual Change in Physics Learning

  • Kim, Yeoun-Soo;Kwon, Jae-Sool
    • Journal of The Korean Association For Science Education
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    • v.24 no.4
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    • pp.687-708
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    • 2004
  • The purpose of this study is to investigate the relationships between cognitive conflict and students' causal attributions and to find out what kinds of attributions affect successful resolution of cognitive conflict in learning physics. Twenty-nine college students who attended a base general physics course took an attribution test and a conceptual pretest related to action and reaction concept. Of these, twenty students who revealed alternative conceptions were selected. They were confronted with a discrepant demonstration and took part in the cognitive conflict level test, a posttest, and delayed posttest. Those students who experienced high levels of cognitive conflict were selected and interviewed to find out what kinds of attributions affect resolving the conflict. When confronted with the discrepant event, the students who attributed success outcomes to "effort" experienced higher levels of cognitive conflict than those to "task difficulty." However, those students who revealed high levels of cognitive conflict and attributed success outcomes to effort did not always produce conceptual change. They had different perspectives on effort and conducted different effort activities to resolve the cognitive conflict. In addition, these effort activities appeared to include their motivational beliefs, metacognitive and volitional strategies. The results of this study indicate that in order for the conflicts to lead to change, students need to have the perspective on effort implying the use of the self-regulated learning strategy and to conduct effort activities based on them. Beyond cold conceptual change, this article suggests that there is a management strategy of cognitive conflict in the classroom context.

A Juridical Approach to Causal Relations between Ocean Freight Shipping and Seaworthiness of Vessel (해상화물운송에 있어서 선박의 감항성(勘航性)과 인과관계(因果關係)에 관한 법리적(法理的) 접근(接近))

  • Park, Chang-Sik;Kim, Cheong-Yeul
    • Journal of Korea Port Economic Association
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    • v.22 no.2
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    • pp.83-108
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    • 2006
  • Regarding the ocean carrier's responsibility for damage indemnification, both his or her duty of care and reason of legal exemption have been considered important. The International Convention for the Unification of Certain Rules relating to Bills of Lading also provides that the ocean carrier indemnifies for the loss or damage of freight on the basis of the principle of liability with fault. In other words, the carrier assumes responsibility only for the loss or damage of freight which is under his or her control and whose safety must be carefully maintained by him or her. The carrier's duty of care which is required for freight safety in accordance with the convention is associated with two themes, seaworthiness of vessel and freight itself. To make ocean freight shipping effective necessities the seaworthiness of the ship that will conduct the shipping service under its responsibility. This will ultimately lead to making the service impressive to the shipper as freight owner. Thus the purpose of this study is to contribute to more reasonable shipping by the shipowner or the carrier who needs to ensure seaworthiness of vessel, and prevent unseaworthiness that may be incurred in accordance with freight characteristics. For the purpose, this paper reviewed the meaning of seaworthiness of vessel through a juridical approach to its causal relationship with ocean freight shipping.

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The Regressive Causal Structure of Heating Energy Consumption Affected by Household Income and Housing Characteristics (소득수준과 주택특성에 따른 난방에너지 소비의 역진적 인과구조)

  • Choi, Mack Joong;Chung, I Re
    • Journal of Korea Planning Association
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    • v.53 no.6
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    • pp.101-116
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    • 2018
  • Paying an attention to the issue of energy poverty of low-income households and ensuing regressivity of energy consumption, this study empirically analyzes the effects of both household and housing characteristics on heating energy consumption in an integrated way and identifies their causal structure based on the 2016 Korea Housing Survey data provided by the Korean government. Multiple regression analysis shows that household income and deteriorated level of housing, such as age and degree of cracks have positive effects and floor area of housing has a negative effect on the heating energy consumption per unit area of housing (HECPUH). Path analyses further reveal that the direct effect of household income on HECPUH is offset by the indirect effects that are mediated by deteriorated level and floor area of housing, making the total effect statistically insignificant. As a result, there is no significant difference in HECPUH across all income strata, implying that low-income (high-income) households pay more (less) heating costs relative to their income level, since they reside in the houses with relatively low (high) energy efficiency. To deal with this regressive causal structure of energy consumption, a policy option is recommended to improve energy efficiency of low-income housing through the government assistance in its maintenance and repair.

Comparison of confidence measures useful for classification model building (분류 모형 구축에 유용한 신뢰도 측도 간의 비교)

  • Park, Hee Chang
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.2
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    • pp.365-371
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    • 2014
  • Association rule of the well-studied techniques in data mining is the exploratory data analysis for understanding the relevance among the items in a huge database. This method has been used to find the relationship between each set of items based on the interestingness measures such as support, confidence, lift, similarity measures, etc. By typical association rule technique, we generate association rule that satisfy minimum support and confidence values. Support and confidence are the most frequently used, but they have the drawback that they can not determine the direction of the association because they have always positive values. In this paper, we compared support, basic confidence, and three kinds of confidence measures useful for classification model building to overcome this problem. The result confirmed that the causal confirmed confidence was the best confidence in view of the association mining because it showed more precisely the direction of association.