• Title/Summary/Keyword: Financial Management

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The Effects of Home Informatization on the Family System - Focused on Internet Use - (가정정보화가 가족체계에 미치는 영향 - 인터넷사용을 중심으로 -)

  • 이현아;이기영
    • Journal of Family Resource Management and Policy Review
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    • v.5 no.1
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    • pp.33-47
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    • 2001
  • The purpose of this study is to investigate the effects of home informatization on the family system. This study is based on the systems approach. A family system is composed of two major subsystems-personal and managerial. Managerial subsystem is concerned to instrumental function, such as time management and financial management. Personal subsystem is concerned to expressive function, such as family relations and interactions. So this study attempts to analyze the effects of Internet on the family system through time management, financial management, and family relations. The results from reviewing several related researches are that home informatization through Internet use has changed time management, financial management, and family relations. Finally this study suggests three plans of home informatization for contributing to improve the quality of family living.

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The Impact of Financial Socialization and Financial Literacy on Financial Behaviors: An Empirical Study in Indonesia

  • SUYANTO, Suyanto;SETIAWAN, Doddy;RAHMAWATI, Rahmawati;WINARNA, Jaka
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.169-180
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    • 2021
  • The research aims to evaluate college students' financial behavior and provide empirical insight into factors that may influence their financial behavior by investigating whether financial socialization, financial experience, and financial literacy are meaningful for students' financial behavior. The surveys data was conducted with 595 college students from all over Indonesia then analyzed using Structural Equation Model (SEM). The results demonstrate that financial socialization positively influences financial literacy and financial behavior. On the other hand, financial experience has a negative influence on financial literacy, yet a positive one on financial behavior. Furthermore, the result also shows financial socialization are the key determinant of financial literacy and financial literacy is vital and plays an essential role for financial behavior and it may derive from financial socialization and financial literacy. It indicates that the influence of social agents can benefit students in improving their financial literacy and behavior. However, experience also can influence their financial behaviors. The lack of experience of college students leads to inadequate financial knowledge and raises their risk of financial decisions. Students with sufficient financial knowledge and exhibiting good financial behavior can make wise decisions in financial planning and management, thus may prevent financial issues in the future.

Analysis of the difference between teaching & learning satisfaction and achievement of students financially supported and not supported by university

  • Park, Young-Sool;Choi, Eun-Mee;Kwon, Lee-Seung
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.11 no.6
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    • pp.807-823
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    • 2018
  • The purpose of this study is to analyze whether there is a financial incentive effect by analyzing the difference of educational performance between the specialization department students who receive financial support and the students who do not receive support. This study collected survey data of 334 students including 290 students who were financially supported and 44 students who were not financially supported. Through the collected data, frequency analysis and descriptive statistics analysis were performed on the general characteristics of the subjects. T-test was conducted to analyze the difference of teaching & learning performance between students with financial support and those who did not, and then the difference analysis by grades was F-test. The average value of the subjects' teaching & learning satisfaction scores was 2.99, and the result was higher than that of the female students. The higher the age, the higher the grade, the higher the grade, the higher the financial support students were. The average of teaching & learning achievement composition items of the survey subjects was 2.27, and it was found that male students, older students, and students who received financial support had higher average of teaching & learning outcomes than students who did not receive financial support respectively. Students who receive financial support have higher teaching & learning satisfaction and outcomes than students who are not financially supported. The longer the period of financial support, the older the better, and the male students are more satisfied with the teaching & learning, the better the teaching & learning.

Beyond Medical Bills: High Prevalence of Financial Toxicity and Diverse Management Strategies Among Vietnamese Patients With Cancer

  • Binh Thang Tran;Thanh Gia Nguyen;Dinh Duong Le;Minh Tu Nguyen;Nhan P. T. Nguyen;Minh Hanh Nguyen;The Due Ong
    • Journal of Preventive Medicine and Public Health
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    • v.57 no.4
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    • pp.407-419
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    • 2024
  • Objectives: This study was conducted to measure financial toxicity (FT) among patients with cancer in Vietnam using the COmprehensive Score for financial Toxicity (COST) and to describe the cost management strategies employed by these patients. Methods: This comprehensive cross-sectional study enrolled 634 patients from 2 specialized oncology hospitals in Vietnam. Using COST cut-off scores, FT was classified as none/mild (≥26), moderate (14-25), or severe (≤13). Cost management strategies, or coping mechanisms, were classified into 4 groups: lifestyle changes, financial resource strategies, treatment modifications, and support seeking. Results: The prevalence of FT was 91.8%, with 51.7% of participants demonstrating severe and 40.1% exhibiting moderate FT. Severe FT was significantly associated with female, low education level, unstable employment, low household economic status, and advanced cancer stage. The most common coping strategies were as follows: among lifestyle changes, reducing spending on basic items and leisure activities (78.7%) and cutting back on essential household expenses (66.4%); among financial resource strategies, borrowing money from relatives or friends (49.1%) and withdrawing funds from retirement or savings accounts (34.1%); within treatment modifications, switching treatment facilities or doctors due to cost concerns (9.3%); and within support seeking, obtaining help from welfare or community organizations (18.8%). All strategies were significantly more likely to be used by patients with severe FT. Conclusions: FT was highly prevalent among patients with cancer. Most patients relied on lifestyle adjustments and coping strategies, underscoring the need for improved financial support systems to alleviate the economic burden associated with cancer care.

A Study on Technical Approach for Compliance Management Service (컴플라이언스 매니지먼트 서비스를 위한 기술적 접근에 관한 연구)

  • Lee, Jun-Ho;Oh, Hea-Seok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.1
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    • pp.460-465
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    • 2014
  • The Financial Supervisory Institution constantly has tightened the regulation for secure electronic financial service. Information Security Consulting and Service companies are not enough to cover about 4,500 financial institutes required to comply with the regulation, and the Financial Supervisory Institution also suffers from work overload. The demand for real-time work of risk management is getting stronger. Compliance with the regulation has to be attempted with technical approach so that requirement, implementation, monitoring, and supervision are efficiently performed. And, articles have to be concluded with compliance management service. In this research used compliance management framework and IT GRC process model, have to be designed compliance management lifecycle and 34 index.

Do Environmental Performance and Environmental Management Have a Direct Effect on Firm Value?

  • SOEDJATMIKO, Soedjatmiko;TJAHJADI, Bambang;SOEWARNO, Noorlailie
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.687-696
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    • 2021
  • This paper investigates the effect of environmental performance and environmental management on firm value using financial performance as mediation variable. There are still inconsistencies in research on environmental performance and environmental management and their impact on company value. This research used a quantitative approach involving secondary data. The variables used are environmental performance, environmental management, company financial performance, and company value. Multiple regression was used because it allowed the researchers to examine the relationship of each variable contained in the research framework by describing all of the direct effects (non-mediated effects) and the indirect effects of the research variables. The research sample consisted of 144 manufacturing companies listed on the Indonesia Stock Exchange from 2012 to 2017. Statistically, this study found that there was no direct effect that had a significant impact on environmental performance and firm value, and found that there is a significant direct effect of environmental management variables on firm value. Improved environmental management by the company is proven to increase the value of the company directly. This paper found that, not only does an increase in stakeholder trust happen when a company increases its environmental awareness, but there is also an increase in the financial aspects of the company.

The Effect of Capital Market Consolidation Act on the Efficiency of the Korean Financial Industry (자본시장통합법 시행에 따른 금융회사 효율성의 변화)

  • Kang, Soo-Min;Min, Jae H.
    • Korean Management Science Review
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    • v.29 no.3
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    • pp.23-43
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    • 2012
  • Enacted for enhancing the competitiveness of the Korean capital market and financial industry, Capital Market Consolidation Act (CMCA) was intended to induce considerable changes such as adopting the concept of financial investment products, regulating financial investment functionally, extending financial investors' business areas and intensifying protection for investors. Employing DEA (Data Envelopment Analysis), this study measures and compares the efficiencies of domestic financial companies between the before and after the enactment of the Consolidation Act. We categorize the financial companies into 4 groups (banks, life insurance companies, property and casualty insurance companies and securities companies) depending on their business types, and evaluate how much and in which direction the Consolidation Act affects the efficiency of each group respectively. The study shows that there is no significant difference between the average efficiency of banks and that of property and casualty insurance companies due to the trade-off between opportunities and threats of the Act. To the contrary, it shows that the respective average efficiencies of life insurance companies and securities companies moved in the opposite directions to a considerable extent. Through empirical tests, we demonstrate the effect of the Act on the efficiency of Korean financial companies, and suggest the countermeasures for each financial group against the Act.

A Case Study on the Introduction of Electronic Finance Service (전자금융 서비스에 관한 농협 사례)

  • Kim, Byung-Gon
    • Proceedings of the Korea Database Society Conference
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    • 2010.06a
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    • pp.127-139
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    • 2010
  • Until now, systems in financial companies have been constructed and operated based on great mainframe proved being stability. But it has had many disadvantages since they only implement maintenance adding and changing function. So they need construction of new systems(development of critical application, integration of various service channel, management of customer data). In spite of great construction costs and high risk, it is necessary that they construct e-financial system. Nowadays financial institutions must actively offer services to customers. In other words, the key of service is being moved from providers to customers. In oder to develop and sell new products in a timely manner, integrated management about appropriate and valid customer data is needed. And new system that covers expanded area of work is needed since the original parts of the area is being broken gradually. In this paper, we search construction processes of e-financial system of Nonghyup to respond to new financial environment flexibly and actively, concrete contents about innovation activities of e-financial system and the cases of service utilization. Also, we suggest the development direction of e- financial system for Nonghyup following day.

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