• Title/Summary/Keyword: Life cycle stages

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Companies Life Cycle Stages and Capital Structure in Emerging Markets: Evidence from Iran

  • Salehi, Mahdi;Rostami, Vahab;Salmanian, Lida
    • Journal of Distribution Science
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    • v.11 no.2
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    • pp.5-10
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    • 2013
  • Purpose - The current research examines the effect of life cycle stages on capital structure of listed companies in Tehran Stock Exchange. Research design, data, methodology - By aid of 685 year-company data, which collected from financial statements of companies during 2006-2012, first, the companies, are classified into three groups including companies in growth, maturity and decline stages. After removing the companies, which were not in accordance with life cycle model, 86 companies were selected to test two main hypotheses of the research. Results - The results show that the capital structure of the sample companies is different in various life cycle stages. More investigation by LSD test also revealed that the total debt to total assets ratio means of the companies in growth stages were significantly different from those companies in maturity stages and those in growth stages had high level of debt to assets ratio. Conclusions - The result showed the average amount of the working capital for companies in three stages are significantly different and due to high level of operation of the companies in maturity and decline stages, these companies held high amount of working capital than those in the growth stages.

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The Influences of Family Life Cycle Stages and perceived Time Pressure on Strategies for Coping with Time Constraints in Hosuewife-Teachers (가족생활주기에 따른 교직주부의 시간제약지각이 시간제약대처전략에 미치는 영향)

  • 장윤옥
    • Journal of Families and Better Life
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    • v.13 no.4
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    • pp.165-180
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    • 1995
  • The purpose of this study was to investigate the influences of family life cycle stages and perceived time pressure on strategies for coping with time constraints in housewife-teachers. The subjects of this study were 570 married women teachers who live with their husebands and children in junior and senior high schools in Taegu, A questionaire was used as survey method. Factor analysis and MANOVA were employed for data analysis and Scheffe test forpost-hoc analysis. The main findings were : First the effect of family life cycle stages on the use of personal time reducing strategies was different according to perceived time pressure. Second the effect of perceived time pressure on the use of personal time reducing strategies differed according to family life cycle stages. Third the use of strategies for coping with time contratins was found to be significantly different according to family life cycle stages, Forth there were significant differences in the use of strategies for coping with time constrainsts according to perceived time pressure.

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An Analysis of the Preferential Unit Planning Components of High-rise Residential Buildings Across Family Life Cycle Stages (가족생활주기별 아파트 단위주호 계획요소 선호분석)

  • Lee Yeunsook;Lee Hyunjeong;Lee Jeeyoung
    • Korean Institute of Interior Design Journal
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    • v.14 no.2 s.49
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    • pp.120-127
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    • 2005
  • The purpose of this study was to examine preferential unit planning components of high-rise residential buildings across family life cycle stages. The questionnaire survey was adopted in this study, and 110 cases were used for data analysis. Based on the age of the oldest child, the family life cycles used in the study were divided into four stages: early childhood, elementary school, adolescence, and adulthood. The findings showed that the preference of the unit planning components across the stages was distinct; families in the stage of early childhood and adolescence had the growing needs for spatial features, and regarded living-related features as important. Families in the stage of adulthood tended to have larger spaces. It was noticed that unit planning components needed to be more differential when the combined effect of both family life cycle stages and housing size was considered.

Technology Readiness Level Assignment to Industrial Plant System Life Cycle

  • Salim, Shelly;Jo, Raehyeok;Lee, Taekyeong;Lee, Joongyoon
    • Journal of the Korean Society of Systems Engineering
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    • v.11 no.2
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    • pp.1-11
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    • 2015
  • During the industrial plant system life cycle, required technologies are developed and assessed to analyze their performance, risks and costs. The assessment is called technology readiness assessment (TRA) and the measure of readiness is called technology readiness level (TRL). The TRL consists of 9 levels and through the TRL assessment, the technology to be developed and its components are assigned to their appropriate TRL. TRL assessment should be performed in each life cycle stages to monitor the technology readiness and analyze the potential risks and costs. However, even though the concept of TRL has been largely adopted by numerous organizations and industry, direct and clear assignment of target TRL for each life cycle stage has been overlooked. Direct mapping/assignment of target TRL for each life cycle has benefits as follow: (1) the technical risks condition of each life cycle stage can be better understood, (2) cost incurred if the technology development is failed can be analyzed in each life cycle stage, and (3) more effective decision making because the technology readiness achievement for each life cycle stages is agreed beforehand. In this paper, we propose a steel-making plant system life cycle and TRL assignment to each of the system life cycle stage. By directly assigning target TRL for each life cycle stages, we look forward to a more coordinated (in terms of exit criteria) and highly effective (in terms of technical risks identification and eventually prevent project failure) technology development and assessment processes.

The Saving Decision of Female-Headed Households in the U.S.: A Comparison of Different Life Cycle Stages (미국 편모가계의 저축결정 요인에 관한 연구: 가족생활주기에 따른 비교)

  • 차경욱
    • Journal of the Korean Home Economics Association
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    • v.41 no.6
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    • pp.91-104
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    • 2003
  • Using the 1998 Survey of Consumer Finances(SCF), this study examined the factors associated with the probability of saving by female-headed households in the U.S, and investigated how these factors differ by life cycle stages. Age of children, age of female householders and their retirement status were used to categorize three life cycle stages: first stage - have at least one child under age 18; second stage - under the age of 62 and have no children under age 18; third stage - over the age of 62 and retired. Logistic regression analysis results indicated that those with higher education and income and who were White were more likely to save. An interactive model showed that life cycle stages were significantly related to saving decisions. Female-headed households in the first stage or the third stage were less likely than those in the second stage (reference group) to save. For female-headed households in the first stage and the third stage, the amount of income had significantly positive effects on the decision to save. Also, in the group of households in the first stage, the receipt of welfare assistance increased the probability of saving.

The Influences of Family Life Cycle Stage and Perception of Housework's Value on Perceived Time Pressure and Role Conflict in Housewife-teachers (교직주부에 있어서 가족생활주기와 가사노동가치인식이 시간제약지각과 역할갈등에 미치는 영향)

  • 장윤옥
    • Journal of the Korean Home Economics Association
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    • v.30 no.3
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    • pp.325-345
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    • 1992
  • The purpose of this study was to investigated the imfluences of family life cycle stages and perception of housework's value on perceived time pressure and role conflict in housewife-teachers. The subjects of this study were 329 married women teachers that teach in junior or senior high schools in Taegu. A questionaire was used as the survey method and for the method of data analysis, factor analysis, MANOVA, and Scheff test as a post-hoc analysis. The major findings were as follows: 1) There were significant interaction effects of family life cycle stages and perception of housework's value on perceived time pressure and role conflict. 2) The main effect for family life cycle stages was significant. 3) Followup univariate F-tests revealed significant mean differences for marital, parental and homemaker's role conflict.

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The Effect of Family Life Cycle and Financial Management Practices on Household Saving Patterns

  • Lee Seong-Lim;Park Myung-Hee;Montalto Catherine P.
    • International Journal of Human Ecology
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    • v.1 no.1
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    • pp.79-93
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    • 2000
  • Using the 1995 Survey of Consumer Finances, this study investigates how family life-cycle stages and financial management practices affect household saving. First findings are that household income and householders education, race and ethnicity have significant effects on saving. Second, regarding the effect of the family life-cycle stages, younger married couples without children, middle pre-retired households without dependent children, and older households without dependent children are more likely to save than other similar households in the life-cycle stage of younger single households. Third, households with longer financial planning horizons, saving goals for retirement, purchase of durable goods and emergency goods, and low credit card debt are more likely to save. Based on the results, implications for financial management education and public policy are suggested.

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Low Carbon operation study through comparing GHG contribution of each stages of railway vehicle (철도차량 전과정 단계별 온실가스 발생량 비교를 통한 저탄소 운영방안 연구)

  • Lee, Cheul-Kyu;Kim, Yong-Ki
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.183-186
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    • 2010
  • Advanced Railway countries are developing technologies of production and management for low-carbon and green growth of their railway industry to hold a dominant position under post-Tokyo protocol regime through integrated approach which uses environmental quantitative analysis of train life cycle by using LCA(Life Cycle Assessment). On the contrary, Korea railroad industry attempts to make an environmental improvement only for using regenerative energy and improvement in operating energy consumption through adapting reduction weight of material technology and etc. without systematic environmental analysis approaches such as comparing and analyzing energy consumption as well as GHG emission in each life cycle stages of train. Therefore, In this paper, low-carbon management and comprehensive environmental improvement for sustainable development of Korea railway industry through analyzing the result of life cycle analysis in abroad are suggested.

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Life Cycle Assessment for National Electricity Generation Systems (국가전력생산 시스템에 대한 전 과정 영향평가)

  • 김태운;김성호;정환삼;하재주;민경란;고순현
    • Proceedings of the Korea Society for Energy Engineering kosee Conference
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    • 2004.05a
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    • pp.353-358
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    • 2004
  • In recent, the trends in national energy Policy are established in the context of the integrated risk estimation for various national electricity generating options. The approach takes account of health, environmental, economic, and social aspects of electricity generation systems. In the present work, nuclear, coal, and LNG sources are chosen because these hold more than 90% of national total electricity generation in a descending order. A life cycle assessment (LCA) methodology is used for comparing environmental impacts of these options during the life cycle such as construction, operation as well as disposal stages. Here, the LCA consists of life cycle inventory analysis, classification/selection process of impact categories, characterization process, and normalization process of each category. LCA can be an useful tool for environmental impact assessment of future national energy options. At the planning stage of future energy Policies, the results of LCA would be taken into consideration. According to data update at the construction and disposal stages, the LCA needs to be conducted iteratively.

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Life Cycle of Heterotrophic Dinoflagellate Cryptoperidiniopsis brodyi (Dinophyceae) (Cryptoperidiniopsis brodyi (Dinophyceae)의 생활사)

  • Park, Tae-Gyu;Park, Young-Tae;Bae, Heon-Meen
    • Journal of Environmental Science International
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    • v.18 no.1
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    • pp.9-14
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    • 2009
  • Pfiesteriaand Pfiesteria-like organisms were reported to be linked to major fish kills(involving well over a billion fish) in North Carolina and Maryland estuaries on the U.S. east coast during the 1990s. Occurrences of these species have been recently reported from Korean waters including Chinhae Bay and the coast of Yeosu. In this study, the life cycle of Cryptoperidiniopsis brodyi and Pfiesteria piscicida were examined using DAPI staining. Their excystment and growth were stimulated directly by the addition of prey cells such as Rhodiminas salina. Amoeboid stages in C. brodyi and P. piscicida were never observed in culture, even after addition of filter-sterile fish mucus and tissue. The dominant life cycle stages consisted of motile flagellated zoospores and cysts. A typical dinoflagellate life cycle was demonstrated by direct observation and DAPI staining.