• Title/Summary/Keyword: Internal assets

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Establishing Major Successful Factors of Venture Firm from the Perspective of Dynamic Firm Capability: The Case of IDIS and KODICOM (벤처기업의 지속성장을 유지할 수 있는 성공 메커니즘분석 -역동적 기업역량 시각에서-)

  • Choi Won-Keun;Choung Jae-Yong
    • Journal of Korea Technology Innovation Society
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    • v.7 no.3
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    • pp.607-640
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    • 2004
  • This article analyzes the venture firm based upon the new framework of Dynamic Firm Capability (DFC) to identify the process mechanism. Research methodology includes the case study involving structured interview and data collection from two leading Korean ICT(Information Communication Technology) firms in the same sector (DVR). IDIS, spun off from the university, has accumulated the innovative capability based on the R&D department. On the other hand, KODICOM has retained the technological trajectory in terms of marketing competence. Underlying hypothesis is that a firm should show a idiosyncratic evolutionary pattern by acquiring different complimentary assets(CA). In addition, effective internal process should be matched with the essential characteristics not only at the firm level but also at the sectoral level. By analyzing those two different firms, we will find the strategic successful factors based upon the evolutionary point of view. It is a key contribution of this paper to study on the process mechanism of ventures, and to explain detailed process mechanism by viewing two different characteristics of the firm at the functional level.

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Piosk : A Practical Kiosk To Prevent Information Leakage

  • Lee, Suchul;Lee, Sungil;Oh, Hayoung;Han, Seokmin
    • International journal of advanced smart convergence
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    • v.8 no.2
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    • pp.77-87
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    • 2019
  • One of important concerns in information security is to control information flow. It is whether to protect confidential information from being leaked, or to protect trusted information from being tainted. In this paper, we present Piosk (Physical blockage of Information flow Kiosk) that addresses both the problems practically. Piosk can forestall and prevent the leakage of information, and defend inner tangible assets against a variety of malwares as well. When a visitor who carries a re-writable portable storage device, must insert the device into Piosk installed next to the security gate. Then, Piosk scans the device at the very moment, and detects & repairs malicious codes that might be exist. After that, Piosk writes the contents (including sanitized ones) on a new read-only portable device such as a compact disk. By doing so, the leakage of internal information through both insiders and outsiders can be prevented physically. We have designed and prototyped Piosk. The experimental verification of the Piosk prototype implementation reveals that, Piosk can accurately detect every malware at the same detection level as Virus Total and effectively prevent the leakage of internal information. In addition, we compare Piosk with the state-of-the-art methods and describe the special advantages of Piosk over existing methods.

Antecedents and Consequence of Governance Characteristics, Earnings Management, and Company Performance: An Empirical Study in Iraq

  • AHMED, Mohammed Ghanim;GANESAN, Yuvaraj;HASHIM, Fathyah
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.57-66
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    • 2021
  • The outbreak of the financial crisis, the lack of corporate governance practices in Iraqi companies, the high level of earnings management (EM), and weak firm performance (FP) have all encouraged the purpose of this study. This study proposes to achieve the following objectives: (I) to investigate the influence of governance mechanisms on the earnings management practices, (II) to investigate the consequence of EM on FP. The study sample includes 65 Iraqi firms listed on the Iraqi stock exchange for six years from 2012 to 2018, with 390 firm-year observations. The hypotheses were tested using panel data regression. According to the findings, Iraqi companies prefer to use real EM rather than accruals EM to avoid reporting losses. Discretionary cash flow, production costs, and cash flow from operation are examples of actual operations employed to undertake EM. Furthermore, according to the findings of this study, board meeting frequency and female onboard have a significant and negative influence on EM. Besides, the internal audit function was found not to affect EM. On the other hand, results revealed a significant and negative relationship between EM and FP. According to the study, management prefers to minimize cash and accrual expenditure during the economic downturn.

Design Factors for Korean Style Ecological Apartment according to Locality (지역성을 고려한 한국형 친환경 아파트의 계획요소 개발연구 - 청주지역을 사례로 -)

  • Choi, Yoon-Jung
    • Journal of the Korean Home Economics Association
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    • v.43 no.10 s.212
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    • pp.1-23
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    • 2005
  • This study proposes design factors for Korean style ecological apartment for application in Cheongju. Library and internal surveys were performed to summarize the concept of locality in housing and to determine the present condition of apartment estates which were introduced with design factors according to locality, traditionalism, or ecology, fold surveys were carried out at 10 apartment estates to investigate the present condition of management and residents's un. The interviewees were concierges and representative residents. The following design factors for Korean style ecological apartment to be applied in Cheongju were proposed; layout and building shape according to climate as natural environment, landscape factors according to cultural assets as human environment, adolescent spaces according to population as social environment, road plan according to 'Cheongju Garosu-Gil' civil environment.

Performance of Local Government Hospitals (지방공사 의료원의 성과에 영향을 미치는 요인 연구)

  • 이경희;권순만
    • Health Policy and Management
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    • v.13 no.2
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    • pp.101-124
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    • 2003
  • Performance of public hospitals is difficult to define and measure because not only their managerial or financial performance but also their role as a public entity is important. The purpose of this paper is to examine the internal and external factors that influence the performance of local government hospitals. A multiple regression was performed to analyze the effects of the environmental, organizational, operational, and cost-related factors on the return on total assets(ROA), operating margin(OM), and the ratio of Medicaid patients. Empirical results show that financial performance (ROA and OM) are more influenced by operational or cost-related factors, while the ratio of Medicaid patients is more affected by environmental or organizational characteristics. It is noteworthy that competition and the contract with private sector management have negative effects on the ratio of Medicaid patients that local government hospitals treat.

An Exploratory Study on the Core Technology of the Fourth Industrial Revolution and Information Security Organization: Focusing on Firm Performance (4차산업혁명 핵심기술 도입 및 정보보호조직에 관한 탐색적 연구: 성과측면에서의 비교분석)

  • Kim, Kihyun;Cho, Hyejin;Lim, Sohee
    • Knowledge Management Research
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    • v.21 no.1
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    • pp.41-59
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    • 2020
  • This explorative study examines the difference in firm performance according to the adoption of the core technology of the Fourth industrial revolution, including artificial intelligence(AI), internet of things (IoT), cloud computing, and big data technology. Additionally, we investigate the importance of internal organizational structure exclusively responsible for information security. We analyze unique microdata offered by the Korea Information Society Development Institute to examine the impact of the adoption of the new technologies and the existence of organizational structure for information protection on firm performance, i.e., firm sales. By considering the core information technology as powerful knowledge assets, we argue that the adoption of such technology leads firms to have comparative advantage comparing to the competitors. Also, we emphasize the need to consider the organizational structure suitable for information security, which can become a structural asset of a firm.

Major Factors Influencing on the Financial Performance of Local Government Hospitals (지방의료원의 흑.적자 구분별 경영성과요인)

  • Lee, Chang-Eun
    • The Korean Journal of Health Service Management
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    • v.4 no.1
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    • pp.99-110
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    • 2010
  • The purpose of this study is to analyze the internal factors that influence the performance of local government hospitals in Korea. Out of 34 Local Government hospitals, 6 hospitals were selected as sample hospitals. Then hospitals were divided into two groups(3 hospitals each), one of which was profit-making and the other loss-making. The criteria in selecting profit or loss-making hospitals was Normal Profit to Total Assets. The major findings of this study were as follows : The headcount per 100 bed of the profit-making hospitals was 8.8 persons less than the loss-making hospitals and the ratio of payroll expenses to total revenue 14.7% less. Inpatient bed occupancy ratio of the profit-making hospitals was 92.8%. This result is higher 21.8% than loss-making hospitals.

DEA를 이용한 통신 사업자의 효율성 측정에 관한 연구

  • 김찬규;김현종
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.213-217
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    • 2001
  • This paper deals with the estimation of efficiency of Telecommunication Operators(TOs) using DEA (Data Envelopment Analysis). The measure of efficiency using DEA accomplishes next two steps. First, the efficient frontier is derived using the data of input and output. And then the efficiency of the decision making units are measured by the distances from this frontier To measure efficiency, we consider a one-output, three-input production function. We use the tangible assets, investment cost, the number of employees for input data and measure the output by the revenue. After measuring the efficiency, We can compare the domestic TOs with the international TOs and the wire TOs with wireless ones by average efficiency. After accomplishing the analysis of efficiency, the internal/external efficiency is measured simultaneously through correlation between efficiency and profitability, quality level.

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Measurement Indicators for Intellectual Capital in Public Research Institute (정부출연 연구기관의 지적자본 측정지표 개발 : E연구원의 사례를 중심으로)

  • Lee, Chan-Gu;Kim, Dong-Yeong;Park, Sang-Gyu;Hwang, Yeong-Ha;Han, Gyeong-Hui;Kim, Yong-Gu
    • Journal of Korea Technology Innovation Society
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    • v.8 no.1
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    • pp.51-76
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    • 2005
  • This paper aims to develop the intellectual capital (IC) indicators which are the most available for the E institution, a typical type of public research institute in Korea. In this paper, we basically adopted the "Intangible Assets Monitor" proposed by Sveiby and comprising three kinds of intellectual capital, namely human capital, internal structure capital and relationship capital, as a research framework. For this work, we firstly identified 12 categories and 27 components of intellectual capital for E institution. Next, we extracted 37 main indicators and 94 sub ones from these categories and components as a whole. As a result, it may be the first time in Korea for E institution of develop its own IC indicators which are slightly, or sometimes totally, different from ones for private companies in the perspective of their organizational attributes and characteristics.

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Review of methodologies on network defects and vulnerability

  • Park, Won-Joo;Seo, Dong-Il;Kim, Dae-Young
    • 제어로봇시스템학회:학술대회논문집
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    • 2005.06a
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    • pp.1590-1593
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    • 2005
  • Security defects occurring within corporate networks and the Internet may be abused by internal or external malicious attackers. Such abuses cause a financial toll through expenditures on additional human resources, the impact of down-time as problems are fixed, as well as damage from divulging corporate informational assets. Hence, through the precise analysis of the possible defects in network security and the identification of risks, preventative policy should be established to ensure maximum security. This report reviews methodologies that calculate and analyze levels of network security in order to resolve these problems, and generates appropriate test steps, test methods, and test items.

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