• 제목/요약/키워드: Exchange equation

검색결과 289건 처리시간 0.023초

연안해역에서의 수변식생에 의한 파란변형에 관한 수치해석 (Numerical Analysis for Wave Propagation with Vegetated Coastal Area)

  • 이성대
    • 한국해양공학회지
    • /
    • 제20권1호
    • /
    • pp.63-68
    • /
    • 2006
  • Recently, it has been widely recognized that coastal vegetations may have great value in supporting fisheries, protecting from wave attack, stabilizing the sea bed and maintaining good scenery. Hydrodynamic factors play a major role in the functions of water quality and ecosystems. However, the studies on physical and numerical process of wave propagation are few and far behind compared to those on the hydrodynamic roles of coastal vegetations. In general, Vegetation flourishing along the coastal areas attenuates the incident waves, through momentum exchange between stagnated water mass in the vegetated area and rapid mass in the un-vegetated area. This study develops a numerical model for describing the wave attenuation rate in the complex topography with the vegetation area. Based on the numerical results, the physical properties of the wave attenuation are examined under various wave, geometric and vegetation conditions. Through the comparisons of these results, the effects of the vegetation properties, wave properties and model parameters such ac the momentum exchange coefficient have been clarified.

리더-구성원 교환관계(LMX)가 임파워먼트, 조직몰입, 직무만족, 고객지향성에 미치는 영향에 관한 연구 - 제주항공 중심으로 - (The Relationship among Leader-Member Exchange(LMX), Empowerment, Job Satisfaction, Organizational Commitment, and Customer Orientation : Focused on the Jeju-Air)

  • 이정아;이기종
    • 품질경영학회지
    • /
    • 제44권4호
    • /
    • pp.983-997
    • /
    • 2016
  • Purpose: The purpose of this paper is to examine the structural relationship among leader-member exchange(LMX), empowerment, job satisfaction, organizational commitment, and customer orientation in a low-cost carrier industry. Methods: The collected data through the survey were analyzed using structure equation model analysis The sample used for the empirical analysis is a total of 231 questionnaires. Results: The results of empirical analysis are summarized as follows. First, LMX in a low-cost airline has a significant effect on empowerment, job satisfaction, and customer orientation Second, empowerment has a significant impact on organizational commitment and job satisfaction. However, it is not significantly related to customer orientation. Third, Organization Commitment has significant effect on jon satisfaction. Finally, job satisfaction has a significant impact on customer orientation. Conclusion: This paper has a contribution in that it extends the range of the academic research concerning LMX. Also this paper provides implications on effective human resource management method suitable for a Jeju-Air.

The Risk-Return Relationship in Crude Oil Markets during COVID-19 Pandemic: Evidence from Time-Varying Coefficient GARCH-in-Mean Model

  • HONGSAKULVASU, Napon;LIAMMUKDA, Asama
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권10호
    • /
    • pp.63-71
    • /
    • 2020
  • In this paper, we propose the new time-varying coefficient GARCH-in-Mean model. The benefit of our model is to allow the risk-return parameter in the mean equation to vary over time. At the end of 2019 to the beginning of 2020, the world witnessed two shocking events: COVID-19 pandemic and 2020 oil price war. So, we decide to use the daily data from December 2, 2019 to May 29, 2020, which cover these two major events. The purpose of this study is to find the dynamic movement between risk and return in four major oil markets: Brent, West Texas Intermediate, Dubai, and Singapore Exchange, during COVID-19 pandemic and 2020 oil price war. For the European oil market, our model found a significant and positive risk-return relationship in Brent during March 26-April 21, 2020. For the North America oil market, our model found a significant positive risk return relationship in West Texas Intermediate (WTI) during March 12-May 8, 2020. For the Middle East oil market, we found a significant and positive risk-return relationship in Dubai during March 12-April 14, 2020. Lastly, for the South East Asia oil market, we found a significant positive risk return relationship in Singapore Exchange (SGX) from March 9-May 29, 2020.

Validating Twin Deficit Hypothesis: The Zambian Case

  • Mahuni, Kenneth
    • Asia Pacific Journal of Business Review
    • /
    • 제1권2호
    • /
    • pp.1-16
    • /
    • 2017
  • The fundamental goal of the research was to verify if the Twin Deficits Hypothesis holds for the economy of Zambia using time series data from 1980-2014. The current account and budget deficit were employed as key variables. The exchange rate was also used as a transmission mechanism to see how it contributes in the nexus. Cointegration tests confirmed a long run association of the variables. After fitting the VECM model, Granger causality tests confirmed the existence of twin deficits for Zambia. The results supported uni-directional reverse causality. The exchange rate was shown to be more significant in the long run than in the short run. The implosion of the time series as shown by the predicted cointegration equation implies that unless drastic measures are taken to cure the deficits, using the current account as the major target variable, twin deficits will persist for some time. The major policy implication of this research is that given that Zambia is a primary commodity-dependent developing country subsisting largely on copper revenues to sustain the economy, there is a need to move away from "copper addiction," given the recent volatility of earnings of primary commodities (e.g. through diversification of the economy, import substitution, and other strategies).

전기탈이온 시스템에서의 이온교환섬유를 통한 니켈 이온의 전기이동현상 (Migration Phenomena of $Ni^{2+}$ Through a Cation Exchange Textile (CIET) in a Continuous Electrodeionization (CEDI))

  • 문승현;송정훈;연경호
    • 멤브레인
    • /
    • 제16권1호
    • /
    • pp.77-84
    • /
    • 2006
  • 전기탈이온 장치를 통한 니켈이온의 이동메커니즘이 이온교환섬유의 전기화학적 특성을 이용하여 조사되었다. 포러스 플러그 모델과 확장된 넌스트-플라크 식이 니켈이온의 이동 현상의 해석을 위해서 적용되었다. 적용된 모델을 통해 전기탈이온 시스템의 성능증가는 이온교환섬유를 통해 변화되는 이동도에 기인하는 것이 아니라, 이온교환매개체의 자체 전도도에 의해 일어나는 전류 유발 효과에 의한 것으로 나타났다. 또한, 최적의 전기탈이온 공정운전이 최소화된 전기적 재생영역하에서 일어남을 본 연구를 통해 제시되었다.

Factors Influencing Environmental Disclosure: A Case Study of Manufacturing Companies in Indonesia

  • FUADAH, Luk Luk;SAFTIANA, Yulia;KALSUM, Umi;ARISMAN, Anton
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권9호
    • /
    • pp.23-33
    • /
    • 2021
  • The main objective of this research is to examine the effect of organizational culture, environmental uncertainty, and manager's personnel value on environmental disclosure through the environmental organizational structure of manufacturing companies on the Indonesia Stock Exchange. This research uses the structuration and contingency theory. The sample in this study focused on the level of heads or managers or directors of manufacturing companies listed on the Indonesia Stock Exchange. The research data was obtained through an online questionnaire distributed to heads or managers. The total sample of this study is 161 manufacturing companies. The data comprising of 64 respondents was completed and can be processed. Empirical testing used Structural Equation Modeling (SEM) through Partial Least Square (PLS). The result shows that environmental uncertainty and management personnel value have a positive effect on the environmental organizational structure, as well as the environmental organizational structure has a positive effect on the environmental disclosure. However, organizational culture has no effect on the environmental organizational structure. This research can provide benefits for manufacturing companies. The limitation include the low level of response from the respondents. Also the results cannot be generalized due to its specific focus on the manufacturing companies.

Causal Relationship Between Working Capital Policies and Working Capital Indicators on Firm Performance: Evidence from Thailand

  • WICHITSATHIAN, Sareeya
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제9권5호
    • /
    • pp.465-474
    • /
    • 2022
  • Using structural equation modeling, the study aims to investigate the causal relationship between working capital policies and working capital indicators on firm performance, including profitability and market value (SEM). The samples of 381 firms were selected from various industries listed on the Stock Exchange of Thailand (SET) from 2016 to 2020. The results showed that 1) there is an effect of working capital policies on profitability and market value; 2) there is an effect of working capital indicators on profitability and market value and 3) there is the effect of profitability on market value. From the results, it is suggested that conservative working capital investment policy (CIP) and conservative working capital financing policy (CFP) affect a company's performance in the Thailand context. In addition, shortening the cash conversion cycle (CCC) should be applied in management to increase profitability by reducing the receivables collection period (RCP) and inventory conversion period (ICP) while increasing the payables deferral period (PDP). The practical implications of the study provide the evidence that meeting the dues according to short CCC management can represent healthy liquidity in cash flow that helps gain investor confidence and the investment interest that further increases the market value.

The Impact of Management on the Operational Efficiency of Listed Companies in Tehran Stock Exchange

  • Dashtbayaz, Mahmoud Lari;Mohammadi, Shaban;Shirzad, Ali
    • 융합경영연구
    • /
    • 제3권4호
    • /
    • pp.13-20
    • /
    • 2015
  • This study examined the relationship between working capital management and performance of listed companies Stock Exchange in Tehran. A total of 40 companies from the cement industry for the period 2007 to 2010 of which only 25 were selected for this study had the condition. In order to achieve the objectives, this study surveys the exploration of correlation regression analysis and used the curve obtained, the regression equation. To test the hypothesis, quantitative analysis was used as a method. The results showed a negative relationship between the variables of working capital management and the company's performance and the only variable cash conversion cycle did not show a significant relationship. There is often a negative correlation between the variables studied. This study is based on five assumptions impact of working capital management on corporate profitability is examined. Therefore, the results suggest that the variables in working capital (average collection of receivables, average inventory turnover period, the average net debt and average transaction cycle) and net operating profit is significant negative correlation Net cash conversion cycle and only illustrates the relationship is not significant. Thus, it showed that in debt collection and debt payment period, the turnover of inventory and net trade cycle to reduce the profitability of companies will increase.

소비자 기반 브랜드 자산이 모바일 e-쿠폰에 관한 브랜드 태도와 행동 의도에 미치는 영향: 치킨프랜차이즈 브랜드를 중심으로 (The Effect of Customer-Based Brand Equity on Brand Attitude and Behavioral Intention for Mobile e-coupons: Focusing on Chicken Franchise Brands)

  • 박진표;황진수
    • 한국프랜차이즈경영연구
    • /
    • 제15권3호
    • /
    • pp.27-43
    • /
    • 2024
  • Purpose: The purpose of this study is to investigate the effect of customer-based brand equity on brand attitudes and behavioral intentions in the mobile e-coupon service market for foodservice franchises. Research design, data, and methodology: The sample comprised customers who had used a chicken mobile exchange voucher from a foodservice franchise brand, among KakaoTalk gift mobile exchange vouchers, within the last three months. The survey was conducted by distributing an online self-administered questionnaire, in which participants responded directly. The hypotheses were assessed through confirmatory factor analysis and structural equation modeling using the AMOS 22.0 statistical software. Result: The results of the hypotheses are as follows. First, among the sub-dimensions of foodservice franchise customer-based equity, brand awareness, brand image, perceived quality, and brand loyalty were found to have a positive effect on brand attitudes toward foodservice franchise mobile e-coupon services. Second, brand attitude toward the foodservice franchise brand mobile e-coupon service was found to have a positive effect on the intention to use and word-of-mouth. Conclusions: The results suggest that foodservice franchise brands with strong customer-based brand equity also have a competitive advantage in the mobile e-coupon service market.

천연 및 전처리 제올라이트에 의한 2가 중금속 이온 제거능의 비교.검토 (Comparions of Removal Performances of Divalent Heavy Metals by Natural and Pretreated Zeolites)

  • 감상규;김덕수;이민규
    • 한국환경과학회지
    • /
    • 제8권3호
    • /
    • pp.399-409
    • /
    • 1999
  • The three domestic natural zeolites(Yong dong-ri (Y), Daesin-ri (D), Seogdong-ri (S)) harvested in Kyeongju-shi and Pohang-shi, Kyungsangbug-Do, were pretreatd with each of the NaOH, $Ca(OH)_2$ and NaOH following HCl solutions, and the removal performances of divalent haevy metals(Cu, Mn, Pb, and Sr) for natural and pretreated zeolites were investigated and compared in the single and mixed solutions. The natural zeolite-heavy metal system attained the final equilibrium plateau within 20 min, irrespective of initial heavy metal concentration. The heavy metal uptakes increased with increasing initial heavy metal concentration and pH. The heavy metal uptakes for natural zeolites decreased in the following sequences : D>Y>S among the natural zeolites; Pb>Cu>Sr>Mn among the heavy metals. The pretreated zeolites showed higher heavy metal removal performances than natural zeolites and decreased in the order of NaOH, NaOH following HCl, $Ca(OH)_2$ treatment among the pretreatment methods. The heavy metal ion exchange capacity by natural and pretreated zeolites was described either by Freundlich equation or Langmuir equation, but it followed the former better than the latter. The heavy metal uptakes for natural zeolites decreased in the mixed solution, in comparing with those in the single solution and especially, the manganese uptake decreased greatly in the mixed solution. The pretreated zeolites showed the improved removal performances of heavy metals in the mixed solution than in the single solution and the heavy metal uptakes by those in the mixed solution showed the same trends in the single solution among the chemical treatment methods and heavy metals.

  • PDF