• Title/Summary/Keyword: Influence Index

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Factors Affecting Bankruptcy Risks of Firms: Evidence from Listed Companies on Vietnamese Stock Market

  • TRUONG, Thanh Hang;NGUYEN, La Soa
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.275-283
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    • 2022
  • This study aims to investigate the influence of internal factors on the bankruptcy risk of an enterprise through a sample of 439 companies listed on the Vietnamese stock exchange. The research collected secondary data from annual audited financial statements from 2008 to 2019 of listing companies. Using two different regression models with two dependent variables, six independent and control variables, we discovered that three of the model's six factors, namely return on total assets, current payment rate, and financial leverage, influence the risk of bankruptcy and account for 86.78% of the variations in firm bankruptcy risk. Financial leverage has the opposite effect on the Z-score index, increasing the risk of bankruptcy of listed firms. Return on total assets and current ratio have a positive impact on the Z-score index, reducing the risk of bankruptcy of listed companies. The findings also revealed that there is no evidence that the size of a corporation, its fixed asset investment ratio, or the size of an auditing firm have an impact on the Z-score index. These findings provide crucial evidence for business owners and managers, as well as shareholders making future capital investment decisions. Our findings can be applied to other businesses in Vietnam and similar jurisdictions.

Comparative Analysis of Financial Performance between Metropolitan General Hospitals and Non-metropolitan General Hospitals (수도권 종합병원과 비 수도권 종합병원의 재무성과 비교 분석)

  • Le, Jin-Woo
    • The Korean Journal of Health Service Management
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    • v.11 no.1
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    • pp.11-25
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    • 2017
  • Objectives : The purpose of this study is to analyze the differences in financial performance, productivity, and patient care performance between metropolitan and non - metropolitan hospitals and examine the factors affecting profitability of both groups. Methods : The survey period consisted of three years of data that can identify the financial performance of the hospital. The survey subjects were selected from 58 metropolitan hospitals, 87 non - metropolitan hospitals and 147 hospitals. Results : There was a significant difference in stability, activity, cost index, productivity, and patient care performance between the metropolitan and non - metropolitan hospitals, and metropolitan hospitals showed a relatively higher ratio. Conclusions : In the metropolitan and non-metropolitan hospitals, the variables of productivity and cost index increase the profitability. However, if the factors with less influence on the results of the study are applied to the variables of various situations, it may have a great influence on the profitability increase.

Internet Security Readiness: The Influence of Internet Usage Level and Awareness on Internet Security Readiness Capital, Skill, and Actual Uptake/Use of Infrastructure

  • Ryoo, Jung-Woo;Park, Eun-A
    • Journal of Computing Science and Engineering
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    • v.5 no.1
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    • pp.33-50
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    • 2011
  • In this paper we applied our previously developed assessment framework to the data collected from an internet security readiness survey targeted at households. We used the assessment framework to compute an Internet Security Readiness index for each household, which was in turn derived from Internet Security Readiness capital, skill, and actual uptake/use of infrastructure indices. We then examined the relationships among overall Internet Security Readiness, and the capital, skill, and actual uptake/use of infrastructure related to Internet Security Readiness. In addition, we explored the influence of Internet usage level and experience on Internet Security Readiness.

Propose new methodology based on Kano's Model (KANO모델을 기반으로 한 품질속성 평가방법론 제안)

  • Cho, Yong-Wook
    • Journal of the Korea Safety Management & Science
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    • v.15 no.1
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    • pp.259-269
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    • 2013
  • Customer satisfaction is an ever-growing concern of management throughout the world. To find the way to increase customer satisfaction, we must understand customer requirements. Kano distinguishes between three types of product requirements(:must-be, one-dimensional, attractive requirements which influence customer satisfaction in different ways when met. Timko has developed customer satisfaction(CS) coefficient based on Kano model. The CS coefficient is indicative of how strongly a product feature may influence satisfaction. As there were a few limitations on the Kano's method and on the Timko's customer satisfaction index method. The objective of this study is to provide improved methodology based on the Kano's method. One case studies are solved by the proposed method.

Influence of natural and accelerated weathering of polycarbonate (폴리카보네이트 소재의 자연폭로와 실내촉진 내후성 영향)

  • Moon, Jung-mi;Jang, Ho-Jin;Kim, Chang-Hwan
    • Journal of the Korean institute of surface engineering
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    • v.55 no.6
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    • pp.383-389
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    • 2022
  • Natural(outdoor) and accelerated(artificial) weathering tests were performed to investigate their influence on polycarbonate. The polycarbonate materials were prepared of various formulations divided into three batches, with existing, development materials1, development materials2, containing mixture of UV additives. Weathering tests were carried out as outdoor weathering(Seosan, South Korea) and accelerated weathering(xenon-arc), and the results analysis were evaluated based on yellow-index(YI), scanning electron microscope(SEM/EDS), energy dispersive x-ray spectroscopy(XRD), and gel permeation chromatography(GPC). Among the three materials, processing method development materials1 with UV stabilizer was excellent in weathering. This study can provide basic data for standardization of development and performance evaluation on livestock barn roof.

A Study on Proposal of Facility Standard by Research of Safety Accidents at Elderly Housing Welfare Facility (노인주거 복지시설 안전사고 실태조사에 의한 시설기준 제안에 관한 연구)

  • You, Jong-Ok;Park, Jae-Seung
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.17 no.2
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    • pp.7-16
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    • 2011
  • The death toll of the elderly by accidents in 2007 takes 6.5% of total death toll. The lost income from this is estimated to be 17 trillion and 511 billion won. According to CISS of Korea Consumer Protection Board, the number of safety related accidents of the elderly at home in 2006 was 486 cases in 2006 and has gradually increased every year. This thesis created 115 guidelines at 14 spaces as facility evaluation index evaluating the aging friendliness of the facility and safety related accidents generated at elderly resident welfare facility, examined influence variables of safety related accidents with 191 elderly including demographic variable, physical skill variable, social psychological variable and facility environmental variables, and then verified relevance between safety accidents and each influence variable. As a result, it was verified through ANOVA test of SAS Package Program and $x^2$- test that facility environmental variable would be closely related to the accident. In this regard, this study newly proposes the facility standards of aging friendly facility by supplementing them with contents and guidelines of facility evaluation table as ways to reduce safety related facility of the elderly.

COVID-19 Pandemic and the Reaction of Asian Stock Markets: Empirical Evidence from Saudi Arabia

  • SHAIK, Abdul Rahman
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.1-7
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    • 2021
  • The study examines the influence of COVID-19 on the stock market returns of Saudi Arabia. The data was analyzed through event study methodology using daily price data of Tadawul All Share Index (TASI). The study examines the behavior pattern of the Saudi Arabian stock market in different phases during the event period by selecting six-event windows with a range of 10 days. The results report a negative Abnormal Return (AR) of -0.003 on the event date, while the abnormal returns reversed the next day to 0.005 positively. The result of Cumulative Abnormal Return (CAR) is negative and significant at the 1 percent level in all the six-event windows starting from the event date to day 59 after the event for the TASI index. Even though the influence of the COVID-19 pandemic decreased after 30 days of the event date, it increased during the last ten days of the event window. The stock market volatility of Saudi Arabia increased during the post-event period compared to the pre-event period with a negative mean return of -0.326 and a greater standard deviation. In a conclusion, the study found a significant influence of the COVID-19 pandemic on the stock market returns of TASI.

Assessing Participation in the ISO/IEC Standards Development by Country (ISO/IEC에서의 국가별 무역기술표준 개발 참여 평가)

  • Kim, Na-Young
    • Korea Trade Review
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    • v.44 no.4
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    • pp.87-100
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    • 2019
  • A country's participation in international technical standards development directly relates to its trade competitiveness. Many countries adopt international standards or influence their development process through the ISO/IEC. This study applies the ABCD Model to assess such activities through a constructed ITS index, not only in terms of 'level' of contribution but also in terms of 'process' participation that can give important implications related to the future potential influence of countries in standards development. Having examined seven countries, Korea showed the lowest score implying the need to enhance its performance in both 'international standards adoption' and 'internationalization of domestic standards'. Korea needs to more actively participate in currently on-going standards development processes, establish more offices that improve accuracy in the development, and consider participating in additional committees where domestic interests may potentially be at stake. Although KATS has improved greatly in regards to its relevant activities and database construction, a more active and specific plan must be made to allow its efforts to successfully influence Korea in international standards development. Confronted with strong challenges from directly competing countries in trade like China and Japan that showed better ITS scores, there is a need for Korea to step up its research and participation in this field.

Estimating the Determinants for employment number by areas : A Panel Data Model Approach (패널 데이터모형을 이용한 지역별 취업자 수 결정요인 추정에 관한 연구)

  • Yi, Hyun Joo;Kim, Hee Cheul
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.4
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    • pp.297-305
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    • 2010
  • Employment number by areas is composed of various factors for groups and time series. In this paper, we use the panel data for finding various variables and using this, we analyzed the factors that is major influence to employment number by areas. For analysis we looked at employment number by areas, the region for analysis consist of seven groups, that is, the metropolitan city(such as Busan, Daegu, Incheon, Gwangiu, Daejeon, Ulsan.) and Seoul. Analyzing period be formed over a 63 time points(2005.01.- 2010.03). We examined the data in relation to the employment number by occupational job, unemployment rate, monthly household income, preceding business composite index, consumer price index, composite stock price index. In looking at the factors which determine employment number by areas job, evidence was produced supporting the hypothesis that there is a significant negative relationship between unemployment rate and monthly household income the consumer price index. The consumer price index and composite stock price index are significant positive relationship, preceding business composite index is positive relationship, it are not significant variables in terms of employment number by areas job.

Critical Factors Affecting Construction Price Index: An Integrated Fuzzy Logic and Analytical Hierarchy Process

  • NGUYEN, Phong Thanh;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.197-204
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    • 2020
  • Nowadays, many construction engineering and technology enterprises are evolving to find that prosperity is driven and inspired by an open economy with dynamic markets and fierce multifaceted competition. Besides brand and product uniqueness, the ability to quickly provide customers with quotes are matters of concern. Such a requirement for prompt cost estimation of construction investment projects with the use of a construction price index poses a significant challenge to contractors. This is because the nature of the construction industry is shaped by changes in domestic and foreign economic factors, socio-financial issues, and is under the influence of various micro and macro factors. This paper presents a fuzzy decision-making approach for calculating critical factors that affect the construction price index. A qualitative approach was implemented based on in-depth interviews of experts in the construction industry in Vietnam. A synthetic comparison matrix was calculated using Buckley approach. The CoA approach was applied to defuzzified the fuzzy weights of factors that affect the construction price index. The research results show that the top five critical factors affecting the construction price index in Vietnam are (1) consumer price index, (2) gross domestic product, (3) basic interest rate, (4) foreign exchange rate, and (5) total export and import.