• 제목/요약/키워드: Managerial ability

검색결과 105건 처리시간 0.028초

Ownership Structure and Cash Holdings: Empirical Evidence from Saudi Arabia

  • ALGHADI, Mohammad Yousef;Al NSOUR, Ibrahim Radwan;AlZYADAT, Ayed Ahmad Khalifah
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권7호
    • /
    • pp.323-331
    • /
    • 2021
  • This paper examines the relationship between ownership structure and level cash holdings in an emerging country, namely, Saudi Arabia, by constructing a corporate governance mechanism (foreign ownership, family ownership, institutional and managerial ownership). This paper uses data from 100 listed firms at Saudi Stock Exchange (TADAWUL) from 2011 to 2019. The firm's decision to hold cash has come to the fore in the last two or three years as a result of the recent global financial crisis, and the impact that this has had on the firms' ability to raise funds from external sources. Using the random-effect generalized least square (GLS) regression model, the findings reveal that foreign and family ownership negatively influences cash holdings, while managerial ownership has a positive association with cash holdings. Further, institutional ownership did not have a direct effect on cash holdings in Saudi Arabia. Our results suggest that ownership structure include foreign ownership, family and managerial ownership is an essential vehicle to promote the performance of cash holding of all the 100 public-listed non-financial firms in Saudi Arabia. We recommend that sound policies should be targeted toward foreign ownership, family, and managerial ownership since they are essential to improve cash holding in Saudi Arabian firms.

병원특성 변수에 경영성과 판별력에 관한 연구 : 우리나라 종합병원을 중심으로 (A Study on the Factors of Managerial Performance in General Hospitals)

  • 류규수
    • 보건행정학회지
    • /
    • 제5권1호
    • /
    • pp.132-160
    • /
    • 1995
  • This study purported to acquire information necessary to improve the management of general hospitals. It tried to determine major indices which represent managerial performance of general hospitals and to identify the managerial characteristics of general hospitals which affect the major financial indices. Eighty-eight hospitals were chosen from 188 hospitals which were subject to standardization audit by the Korean Hospital Association. The results of a discriminant analysis are summarized as followings. First, when a single index was used to measure managerial performance of the sample hospitals, the ration of net profit to total capital was the best index and its discriminant power was 58.14%. The ratio of the number of boardmen((M. D.) and average daily medical cost were highly related to this index. Second, when two indices were used, income growth rte and the ration of net profit to total capital had the highest discriminant distinction ability. Their discriminant power was 61.9%. In this case, the ratio of the number of boardmen(M. D.) was significantly and highly related to the indices. Third, when all three indices-income growth rate, the ration of net profit to total capital and quick ratio - were used together, a discriminant function was statistically insignificant. Therefore, using all three indices was not useful in measuring managerial performance of the sample hospitals. In conclusion, using two indices-income growth rate and the ration of net profit to total capital-was better in measuring manegerial performance of general hospitals than using a single index. The independent variable which affected these indices was the ration of the number of boardmen. The discriminant function was : $D_{GI}=2.77+4.832\times(the ratio of the number of boardmen)$ *G=growth index(income growth rate) *I=profit index(the ration of net profit to total capital)

  • PDF

1인 미용기업 경영자 역량이 경영성과에 미치는 영향 -미용교육기관의 조절효과를 중심으로- (Effect of single-person beauty company's managerial capabilities on management performance -Focusing on the moderating effects of beauty education institutions-)

  • 최윤경
    • 디지털융복합연구
    • /
    • 제20권5호
    • /
    • pp.149-155
    • /
    • 2022
  • 본 연구는 1인 미용기업의 경영자 역량은 경영성과에 어떠한 영향을 미치는지, 1인 미용기업의 경영자 역량은 경영성과 사이에서 미용교육기관의 조절 효과가 있는지 확인하고 관련 시사점을 제시하는 것이다. 연구를 위한 설문조사는 2021년 5월 1일부터 5월 31일까지 직접 조사 및 온라인 조사를 병행하였으며, 총 218부를 실증분석에 사용하였다. 분석 결과, 1인 미용기업의 경영자 역량은 심리적 역량, 기술적 역량, 경영관리 역량 3개 요인으로 구분되었고, 모든 요인은 경영성과에 영향을 미치는 것으로 나타났다. 그리고 미용교육기관은 1인 미용기업의 경영자 역량은 경영성과 간의 영향 관계에서 조절효과가 나타나는 것으로 분석되었다. 그러므로 1인 미용기업의 경영자는 경영성과에 영향을 미치는 경영자 역량의 향상을 위하여 다양한 노력을 기울여야 할 것이며, 무엇보다도 각각의 역량에 필요한 교육기관을 선택하는 것도 중요하리라 생각된다.

제품속성별 신제품개발의 성패구조 분석모형 (Analytic Model on the Success/Failure Structure of New Product Development by Product Characteristic Grill)

  • 권철신;이재하
    • 한국경영과학회:학술대회논문집
    • /
    • 대한산업공학회/한국경영과학회 2002년도 춘계공동학술대회
    • /
    • pp.205-211
    • /
    • 2002
  • The purpose of this paper is 1) to extract managerial factor into each cell which is classified by the characteristic grill of new products 2) to construct a management model of new product development for korean companies. For this purpose, the characteristic grill of new products is classified by which is market/technology sphere. Moreover the focus of this analysis is on examination of success/failure factors, which have an important effect upon new product success or failure. The variables for this study were selected from literature survey and pre-interview was implemented specially. The subject of study was project leaders of electronics industry where have taken the leading part in product development activities in Korean manufacturing industries. Enquete survey was conducted in each firm and project managers were asked to respond. Conclusion of this study based on many significant results gained by the various multi-variate analysis are summarized as follows. First, it can he noted that success/failure factors are different by each classified model and characteristic grill of a new product. Second, it has been identified that the important factors of success products were technical & management support and market ability, the important factor of failure product were lacking in ability of technical development and R&D management system construction. This paper presents some useful guidelines in strategic and managerial aspects for development of new products. Concurrently, the model of this study should be a great practical approach for application of actual affairs.

  • PDF

IT분야 관리자의 코칭행동이 조직구성원들의 창의성에 미치는 영향: 폐기학습의 매개효과와 창의적 자기효능감의 조절효과 중심으로 (The Effect of Managerial Coaching Behavior on Employees' Creativity in IT field: Focused on the Moderating Effect of Creative Self-efficacy and the Mediating Effect of Unlearning)

  • 박현주;오상진
    • 한국콘텐츠학회논문지
    • /
    • 제20권3호
    • /
    • pp.400-423
    • /
    • 2020
  • 최근 4차산업혁명시대에는 디지털 신기술을 기업에 적용시켜 조직의 혁신을 이끌어나가야 한다는 점에서 IT분야 종사자들의 창의성 발현은 다른 분야에 비해 매우 절실하다. 이러한 문제의식에서 본 연구는 IT분야 관리자의 코칭행동이 구성원의 창의성 발현에 미치는 영향을 검증하고 이 관계에서 폐기학습의 매개효과와 창의적 자기효능감의 조절효과를 밝히고자 하였다. 서울 및 수도권의 IT분야 종사자들을 대상으로 설문조사하여 최종 분석에 총 439부를 SPSS 25.0과 AMOS 25.0을 사용해 확인적요인분석을, SPSS Process Macro 3.0을 사용해 매개효과 및 조절효과를 분석하였다. 그 결과, 관리자의 코칭행동은 구성원의 창의성과 폐기학습에 정적인 영향을 미치는 것으로 나타났다. 폐기학습은 창의성에 유의한 영향을 미치는 것으로 나타났다. 또한 폐기학습은 관리자의 코칭행동과 구성원의 창의성과의 관계를 매개하는 것으로 밝혀졌다. 창의적 자기효능감은 관리자의 코칭행동과 폐기학습 간 관계를 조절하는 것으로 나타났다. 본 연구는 관리자의 코칭행동이 IT분야 구성원의 창의성에 직접적인 영향을 미침을 검증하고 간접적인 영향요인들을 확인함으로써 시대적 요구차원에서 코칭 효과에 대한 연구 영역확장과 영향 메커니즘을 밝혔다는 점에서 이론적, 실무적 의미가 있다.

노후의 일 . 여가 태도에 따른 노인공동생활주택 선호 경향 (Preferences about Senior Congregate Housing by Attitudes on Work and Leisure in Later Life)

  • 홍형옥;유병선
    • 가정과삶의질연구
    • /
    • 제21권5호
    • /
    • pp.13-24
    • /
    • 2003
  • Regarding leisure and work as very important in residential life of old ages, this study analyzed their preference by leisure and work for senior congregate housing, which can provide proper work and leisure activities for older people who are able to manage their social activities with healthy condition. It conducted a survey of middle aged of the 50's who would face problems of senior housing in 2010, with stratified sampling by region, sex and housing structure type. Totally 556 Questionnaires were used for the final analysis. The research results showed that, first, the group which was positive toward their works mostly had spouse of the age of early 50' s and work for professional, technological, managerial positions with good health. Second, the more positive group towards their work showed high willingness to move in senior congregate housing, than a negative group towards their work, and put a weight on the openness of shared space and facilities as well as various alarming equipments, common space, common programs and the ability of managers. Third, according to the attitudes toward leisure activities, there were differences in each group by housing structure type, education of their own or their spouses, monthly income, property, economic ability, health condition, living together with spouse, housing tenureship, and usable area of houses. The fourth was that those who enjoy active leisure activities presented high willingness to move in senior congregate housing than those of negative attitude and also there was a difference in managerial ways. Throughout the results of the study, it appeared that a group of positive attitude toward work and leisure, than that of negative attitude, recognized the importance of senior congregate housing which social and leisure programs could support. It implied necessary to develop housing for the older people who have enough ability to manage their leisure activity as well as their work. The study is likely to have a contribution to suggest practical data for helping the development of housing for self-reliant seniors by analyzing their preference on senior congregate housing by their attitudes toward work. The research for the factors of various designs and managements by leisure and work may become the following research theme of the study.

보고이익전략이 비대칭적 경영자 성과-보상 민감도에 미치는 영향 (Effect of Reporting Earnings Strategy on Asymmetric CEO Performance-Compensation Sensitivity)

  • 이은주
    • 산업융합연구
    • /
    • 제20권11호
    • /
    • pp.105-112
    • /
    • 2022
  • 본 연구의 목적은 경영자의 능력과 경영자 성과-보상 민감도 간의 관련성에 보고이익전략이 미치는 조절효과를 살펴보는 것이다. 경영자의 보고이익전략에 따른 경영성과의 조정 방향은 상향조정과 하향조정 모두 발생할 수 있으며, 상향 조정과 하향 조정에 따라 경영자 보상에 미치는 영향이 차별적일 것으로 예상되어 분석한 결과, 과대보고를 위한 보고이익전략은 기대와 동일하게 상향조정 된 경영성과에 따라 보상을 지급하였으므로 성과에 근거한 차별적인 보상이 지급되지 않는 것으로 확인되었다. 반면에 과소보고를 위한 전략은 성과에 근거한 성과-보상 민감도를 감소시키는 것으로 나타났다. 과소보고전략은 경영자의 능력에 따른 보고전략의 수행에 대하여 추가적인 보상이 지급되어 보상의 수준은 증가하지만, 이러한 유형의 보상이 경영자의 실제 성과와는 무관하므로 성과-보상 민감도를 감소시킬 것이라는 가설을 지지하며, 보고이익전략에 따른 경영성과의 상향 및 하향 조정에 대해 차별적인 보상이 이루어진다는 것을 간접적으로 확인한 결과이다.

Does the Fit of Managerial Ability with Firm Strategy Matters on Firm Performance

  • CHENG, Teng Yuan;LI, Yue-Qi;LIN, Yu-En;CHIH, Hsiang-Hsuan
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권4호
    • /
    • pp.9-19
    • /
    • 2020
  • The study aims to answer why the previous studies find the positive or insignificant effect of the CEO's abilities on firm performance. Using 34,285 CEO-firm-year panel data from the U.S. publicly traded firms drawn from the BoardEx and EXECUXOMP database during from 1992 to 2014, the results show that the fit of the CEO's generality or specialist ability with firm strategy matters on firm performance and risk. This study computes a discrete STRATEGY composite measure to construct firm strategy types, such as Prospect or Defend and use CEOs' résumés to construct an index of general skills that are transferable across firms and industries. The results find that generalist CEOs are more suitable for prospectors than specialist CEOs. Firm performance is much better when specialist CEOs work for Defenders. Although the firm performance is better too for the generalist CEOs who fit for the Prospect strategy, the firm's risk is up too. The result suggests that firms need to consider their chosen business strategy to recruit and select CEOs Our findings provide direct evidence that the match between CEO's ability and the firm's strategy is crucial to firm performance and risk.

건축프로젝트에 있어서 프로세스 질 관리의 개선에 관한연구 (An Improvement Scheme of Process Quality in The Korean Building Projects)

  • 이호
    • 한국공간구조학회논문집
    • /
    • 제6권3호
    • /
    • pp.51-57
    • /
    • 2006
  • 본 연구의 목적은 한국건축프로젝트의 경영적 특성을 파악하는데 있다. 본문은 건축프로젝트의 주요 세 요소인 디자인, 건설, 유지관리의 프로세스 질 관리에 영향을 미치는 요소들을 조사한다. 설문조사는 건축관련 대학원생 및 교수, 설계자, 시공자들의 건축프로젝트에 있어서 프로세스 질 관리에 대한 상이한 시각을 보여주고 있다. 이러한 요소들을 분석함으로써 현재 국내의 질 관리 시스템과 프로그램 내용을 교정하고 개선하는데 도움이 될 것이다. 프로세스 질 관리에 있어서 여러 요소 중 설계자와의 협조가 가장 주요 요소로써 부각되었다.

  • PDF

Readiness and Challenges for Applying IFRS 17 (Insurance Contracts): The Case of Jordanian Insurance Companies

  • OWAIS, Walid Omar;DAHIYAT, Ahmad Abdelrahim
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권3호
    • /
    • pp.277-286
    • /
    • 2021
  • This paper examines the readiness of Jordanian insurance companies to apply the International Financial Reporting Standards (IFRS 17), and the challenges of its application. The study developed a questionnaire based on prior related studies, and in the light of IFRS 17, the study used different statistical methods and techniques such as means, standard deviation, and t-test to achieve its goals. The results indicate that Jordanian insurance companies are not ready to apply IFRS 17, for several reasons. Most importantly, insurance companies have a low level of ability to define the scope of IFRS 17, study the impact of IFRS 17 application to financial reports, and develop new internal monitoring methods to apply IFRS 17. As for the challenges for applying IFRS 17, the biggest is the data challenge, followed by the challenges of first-time implementation, systems, and results and presentation. Finally, this paper advocates that it has become important for Jordanian insurance companies and supervisory bodies to enhance their readiness to apply IFRS 17 within a scheduled time framework and by taking several preparatory steps: performing simulations consisting of procedures to deal with IFRS 17 requirements and the impact on financial reports, and helping human resources with familiarization and application of IFRS 17.