• Title/Summary/Keyword: Negative Review

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A Study on the Analysis of Management Characteristics of Coastal Port Freight Transportation Business Using Panel Regression Analysis (패널회귀분석을 이용한 내항 화물운송사업체의 경영특성 분석에 관한 연구)

  • Kim, Suk;Park, Sung-Hoon;Yang, Tae-Hyeon;Yeo, Gi-Tae
    • Journal of Digital Convergence
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    • v.17 no.3
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    • pp.79-92
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    • 2019
  • This study analyzes the effects of freight transportation income, capital, asset, non-operating expenses, and debt ratio on the debts of inner port freight transportation businesses through the GLS of panel regression analysis and the estimation of fixed effects model. The factors and hypotheses were established through a theoretical background review, and the financial statement and profit and loss data of inner port freight transportation businesses for 10 years from 2006 to 2015 were analyzed. The results showed that assets had positive effects on debts, and negative effects on capital, non-operating expenses, and debt ratio, but no effect on freight transportation income. This result empirically demonstrates the tendency of inner port freight transportation businesses to secure assets by increasing debts, creation of debt reduction leverage effect using non-operating expenses such as interest expenses through bank borrowing, and the adoption of management characteristics and financial operation method to lower the debt ratio by reducing capital more than debts. In future studies, it is necessary to analyze coastal port freight transportation business by industry (oil tankers, cargo ships, and barge ships), and regions such as East, West and South sea.

Environmental and Economic Impact of EV and FCEV Penetration into the Automobile Industry: A CGE Approach (전기 및 수소차 보급 확산의 환경적·경제적 영향분석: 계산가능일반균형모형(CGE)의 적용)

  • Han, Taek-Whan;Lim, Dongsoon;Kim, Jintae
    • Environmental and Resource Economics Review
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    • v.28 no.2
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    • pp.231-276
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    • 2019
  • This paper analyzed the impact of the penetration of EV(electric vehicle) and FCEV(fuel cell electric vehicle) into the automobile industry, using a static CGE approach. There are contrasting view on the economic impact of EV/FCEV penetration: negative economic impact due to shrunken intermediate inputs versus positive impact because of input saving technical progress. Regarding environment, there is no clear consensus whether EV or FCEV will contribute to the reduction of $CO_2$ emissions in Korea. This study attempts to provide an answer to these questions. By giving shocks to the input coefficients of automobile industries and automobile using sectors, as well as to the final demands for energies. we integrated the Bass diffusion model into the CGE framework, The result suggests that the EV penetration has adverse impact on the $CO_2$ emission while the FCEV penetration has positive impact. On the other hand, both EV and FCEV have positive impacts on GDP. When considering automobile manufacturing sectors only, adverse impacts on $CO_2$ are demonstrated both for EV and FCEV. However, since the size of $CO_2$ increase is small, these results does not alter the overall effects.

The Effect of Corporate Social Responsibility on Audit Efficiency: Analyses of the effects of KEJI Index on Audit Fees and Audit Hours (감사대상기업의 사회적 책임활동과 감사의 효율성 : 경제정의지수와 감사보수 및 감사시간의 관련성 분석)

  • Li, Jia-Hui;Choe, Kuk-Hyun
    • International Area Studies Review
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    • v.21 no.4
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    • pp.247-268
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    • 2017
  • This paper analyzes for companies of 2011~2014 the effects of corporate social responsibility on audit efficiency. Using KEJI Index and its individual components which is published by Citizens' Coalition for Economic Justice Institute, this paper analyzes their effects on audit efficiency of audit fees and audit hours. The results of analyses are as followings. First, corporate social responsibility(CSR) composite index did not show any significant relationship between audit fees and audit hours. However, for analyses of the effects of CSR individual components on audit efficiency, variable such as CSR fairness(CSR2), CSR social contribution(CSR3), CSR environmental protection activity(CSR5) have the negative effects on the audit fees and audit time. and CSR customer protection(CSR4), CSR employee satisfaction(CSR6) have the positive effects on the audit fees and audit time. Results suggest that independent auditors may reduce audit risks associated with possible misrepresentation of financial statements for companies with high scores of CSR fairness (CSR2), CSR social contribution(CSR3), and CSR environmental protection activity(CSR5). Also, financial statement auditors may perceive surge of discretionary expenses, and set audit risk high for companies with CSR customer protection(CSR4), and CSR employee satisfaction(CSR6). Together, KEJI Index and its individual components appear to have differential effects on audit efficiency.

Effects of Urbanization on Economic Growth of Southeast Asia: based on the Williamson's Hypothesis (동남아시아의 도시화가 경제성장에 미치는 영향: Williamson의 가설을 활용하여)

  • RA, Hee-Ryang
    • International Area Studies Review
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    • v.20 no.3
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    • pp.45-80
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    • 2016
  • This paper examined, using three indicators, urban area rate, urbanization rate and urban population density upon the status of urbanization since the 2000s in Southeast Asia. This study also carried out an empirical analysis on the effects of urbanization on economic growth using the Williamson's inverted U-shape hypothesis. In addition, this study calculated the thresholds by which urbanization starts to have positive effects on economic growth by using estimated coefficients, and comparatively analyzed each Southeast Asian country's status. The empirical analysis results opposite to the Williamson's hypothesis. This means that the hypothesis asserting that urbanization has positive effects on economic growth in a country with low economic development phase and income level, but that urbanization can have negative effects on economic growth, if a country's income level is beyond a certain level(threshold), is not supported in this study. In summary, the economies of agglomeration represented as localization economy and urbanization economy is realized to some degree in terms of urbanization in Southeast Asia. Also, urbanization in Southeast Asia has positive effects on economic growth through knowledge spillover, the active exchange of ideas and productivity improvement. In examining the meaning of Southeast Asia's urbanization, policy consideration needs to be conducted, and efforts should be made to maximize the positive effects of the economies of agglomeration and knowledge spillover on economic growth.

The Effect of Job Crafting on Organization Effectiveness - Mediating Role of Proactive Behavior - (잡 크래프팅(Job Crafting)이 조직유효성에 미치는 영향 -주도적 행동의 매개효과-)

  • Choi, Su-Heyong;Lee, Jung-Mi
    • Management & Information Systems Review
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    • v.38 no.2
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    • pp.47-66
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    • 2019
  • The purpose of this study is to investigate the mediating role of proactive behaviors in the mechanism which job crafting affects organizational effectiveness. Through this study, we tried to contribute to the following theoretical and practical aspects. First, we tried to extend the theoretical discussion by identifying the relationship between job crafting, proactive behavior, and organizational effectiveness. Second, we provide practical implications for Korean organizational members based on proven job crafting, proactive behavior, and organizational effectiveness, and contribute to creating a work environment that enhances job satisfaction and reduces turnover intention. The results of this study are as follows. First, increasing structural job resource, increasing social job resource and increasing challenging job demand, which are sub-factors of job crafting, had a positive effect on job satisfaction. Second, increasing structural job resource, increasing social job resource and increasing challenging job demand, which are sub-factors of job crafting, had a negative effect on turnover intention. Third, job crafting had a positive effect on proactive behavior. Fourth, proactive behavior mediated the relationship of increasing structural job resource, increasing social job resource, increasing challenging job demand, and job satisfaction. Fifth, proactive behavior mediated the relationship of increasing structural job resource, increasing social job resource and turnover intention. This study provides an understanding of the impact of job crafting on organizational effectiveness and is expected to contribute to future research on job crafting.

Antecedents of the Independence of Standing Auditor: An Empirical Analysis in the Perspective of Ownership Structure (전문경영인의 지분율과 소유구조상의 특성이 상근감사의 독립성에 미치는 영향에 대한 연구)

  • Lee, Eun-Hwa;Yoo, Jae-Wook
    • Management & Information Systems Review
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    • v.38 no.3
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    • pp.35-53
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    • 2019
  • A standing auditor can perform the monitoring and control activities for the opportunistic behaviors of top manager. However, for this purpose she/he must have the independence from top manager. Thus, this study is designed to analyze the factors that influences the independence of standing auditor. The independence of standing auditor as dependent variable was measured in terms of school and company ties to top manager. The relationship between the shareholding of professional top manager and independence of standing auditor, and the moderating effects of the shareholdings of related-party, institutional investors, and foreign investors were examined by implementing multiple regression and conditional moderating effect analyses. The findings present a negative relationship between the shareholding of professional top managers and the independence of standing auditor. They also reveal a positive moderating effect of the shareholding of related-party on that relationship. On the other hand, the shareholdings of foreign and institutional investors did not significant change the relationship between the shareholding of professional top manager and the independence of standing auditor. The findings imply that professional manager might be able to lower the controlling mechanism by appointing a standing auditor having low independence. Related-party as an internal control mechanism might be beneficial to reduce this effect while institutional investors or foreign investors as an external control mechanisms might not. This is the first study that examine the antecedents of the independence of standing auditor in terms of the characteristics of ownership structure. It provides a guideline for selecting an effective standing auditor with the consideration for ownership structure.

The Effect of EU-ETS Introduction on the Determinants of Electricity Net Export Connected Power Grid in Europe (유럽의 탄소배출권 거래시장 도입에 따른 연결계통국가들의 전력 순수출 결정요인 변화 분석)

  • Yoon, Kyungsoo;Park, Changsoo;Cho, Sungbong
    • Environmental and Resource Economics Review
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    • v.28 no.3
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    • pp.385-413
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    • 2019
  • This study examines the determinants of net export of electricity among 30 European countries sharing electricity grid during the period of 1990~2014 by separating the sample period before and after 2005 in which ETS was introduced in Europe. The empirical method used in this study is generalize least squared one considering both heterogeneous and serial correlation in the balanced panel data. According to the empirical results, after 2005 introducing the ETS, holing energy resources, concentrating only on few electricity generation resources, and nuclear electricity generation had played more important role in net export of electricity, while renewable energy had negative effect on net export of electricity and coal and gas generation have no effect on net export after introduction of ETS in Europe probably because of high environmental cost. The policy implication of the results would be that reconsidering each country's optimal generation mix strategy and its role in case freely trading electricity.

Results-focused Organizational Atmosphere and Unethical Behaviors (결과집중적인 조직 분위기과 비윤리적인 행동에 관한 연구)

  • Jun, Gyung-Ju
    • Management & Information Systems Review
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    • v.38 no.3
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    • pp.127-136
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    • 2019
  • With frequent incidents of unethical practices and acts in organizations, organizational leaders need to understand some of the causes that facilitate such negative organizational behaviors to lessen the chances of unethical behaviors from occurring. In an effort to understand some of the causes of unethical behavior, this study looks at competitive atmosphere and results-focused performance evaluation as some of the influencing factors on employees' tendency to decide to behave unethically. Competition culture can spur unethical behavior and evaluation culture with emphasis on results-focused which can create a perception among employees of a narrow view of work and how it is defined. The argument of this paper is that such characteristics can create environment for unethical behaviors and serve as an added push upon employees to choose to behave unethically. Collection of survey results from those working in Busan area were used to test the hypotheses using regression. Data analysis showed that in organizational atmosphere that is overly competitive and results-focused can influence employees to behave unethically. Implications and future research suggestions are discussed in conclusions.

Behavior Analysis of IPM Bridge and Rahmen Bridge (토압분리형 교량과 라멘교의 거동분석)

  • Shin, Keun-Sik;Han, Heui-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.4
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    • pp.597-605
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    • 2019
  • IPM bridge is an integral bridge that can be applied from span 30.0m up to 120.0m, the shape conditions of IPM bridge is also applicable to the rahmen bridge. In this study, to perform the structural analysis of Rahmen bridge and IPM Bridge, the researchers compared the distribution types such as load, moment, and displacement of those bridges. Structural analysis was carried out on four span models ranging from single span bridges to four spans of 120.0 m, based on span length of 30.0 m. Structural analysis was carried out on those bridge with span 30.0m up to 120.0m. The conclusions drawn from this study are as follows. 1) The bending moments were calculated to be large for the Rahmen bridge, and the horizontal displacements were estimated to be large for the IPM bridge. 2) Since the bending moments are derived by the span length rather than the extension of the bridge, the permissible bending moment for the span length should be considered in the design. 3) The pile bent of the IPM bridge did not exceed the plastic moment of the steel pipe pile at 120.0m span, but because the horizontal displacement in the shrinkage direction is close to 25mm, the design considerations are needed. 4) In the actual design, it is important to ensure stability against member forces, so review of the negative moment is most important.

Standardization Plan for Activation of Environmental Impact Assessment based on Spatial Information (공간정보 기반 환경영향평가 활성화를 위한 표준화 방안)

  • Jang, Jung-yoon;Cho, Namwook;Lee, Moung Jin
    • Korean Journal of Remote Sensing
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    • v.35 no.3
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    • pp.433-446
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    • 2019
  • Environmental impact assessment has been performed as preliminary assessment system in order to conserve environment value and minimize negative effect from development. Assessment based on data has been necessary to strengthen objectivity in process of Environmental impact assessment process. Furthermore extended use of spatial information in Environmental impact assessment system has been required through spatial information provided at government level and possibility connected with spatial information in Environmental impact assessment. However spatial information has not been systematically utilized in current Environmental impact assessment. Also the environmental impact assessment workers including assessment government employees, agencies of Environmental impact assessment document and review agencies lack an understanding in the concept of spatial information, so there is limit about their use to efficiently. In order to improve these limits in use of spatial information, this study suggested measures to standardize spatial information (coordinate and attribute table). To do so, based on coordinate and standards certified by the government, this study defined standard coordinates (GRS-80, central datum point, False East: 100000, False North: 200000) and established 9 default items. Lastly, the aforementioned standards were tested for actual environmental impact assessment projects. Standardization measures suggested in this study are expected to contribute to invigorate spatial information utilization in Environmental impact assessment and expand the scope of the assessment.