• The Journal of Asian Finance, Economics and Business
• /
• v.7 no.12
• /
• pp.317-328
• /
• 2020

The board of directors play an important role in corporate climate strategy-making and decisions but might also compromise environmental policies to minimize agency cost. This study critically investigates the relationship between the attributes of the board of directors and the degree of sustainability performance for the energy sector as discussed in the literature. Our study cumulates existing knowledge offering important characteristics for a balanced board structure to increase the board's effectiveness in adopting sustainable initiatives that could reduce the adverse impact of an energy corporation's operation on the environment. Crucial attributes of the board of directors deemed to be positively associated with the commitment to reduce carbon footprint in the environment have been identified. Based on our extensive analysis of the literature we propose a conceptual framework that measures the influence of the board of directors' attributes on corporate environmental and social sustainability performance. The proposed framework will be useful as an initial step for top management and regulators to gain a better understanding of the balanced board structure required to achieve the social and environmental sustainability performance of corporations. Further, this paper contributes to a body of knowledge about how the board of directors could play a crucial role in monitoring social and environmental threats.

• Journal of Korea Technical Association of The Pulp and Paper Industry
• /
• v.37 no.2 s.110
• /
• pp.70-77
• /
• 2005

For the purpose of developing liner board for water resistant corrugated board in the cold chain system, several types of base paper for corrugated board were purchased from the market and 6 different boards were produced in the mill by applying the chemicals, chosen in the previous studies, on the base paper. Then water-moisture resistance and physical properties of the boards were compared each other. The liner board which is dried at high temperature with pressure by Condebelt (CK paper) showed a superior performance in strength over common liner boards. Strength of the board increased by surface chemical treatment up to $60\%$ of compressive strength and $30\%$ of burst strength. Starch insolubilization with Ammonium Zirconium Carbonate and surface coating with a surface sizing agent and a moisture resistant chemical on CK paper showed the best result. Therefore this method was recommended to produce the outer liner board for water resistant corrugated board.

• Journal of the Korean Wood Science and Technology
• /
• v.18 no.4
• /
• pp.9-17
• /
• 1990

When manufacturing beam by laminating particleboards, the mechanical properties of particleboad-laminated beam would be also improved if the properties, especially mechanical properties of particleboad be reinforced. In this study, steel wires were used to reinforce particleboard. This study was carried out to obtain the basic mechanical properties of the board composed of wood particle and steel wires, focusing on bending strength which is the important factors in laminated beam and it was tried to estimate the relationship between the properties of the particleboard-laminated beam. and the proportion of steel wires to wood particles in particleboards. The result obtained can be summarized as follows: 1. The more steel wires used in boards, the higher value of modulus of rupture in bending was obtained, For example. the density 5 board composed of 14 numbers of steel wires showing 55% improved value than control board. 2. The board with lower density was also made better in higher value of elasticity, the density 0.5 board with 14 numbers of steel wires improved by 170%, the density 0.6 board by 86%, the 0.7 board by 37% and the 0.8 board by 26%. 3. The work to maximum load was improved with more steel wires. for example, the density 0.8 board with 14 numbers of steel wires improved by 31%.

• Journal of Advanced Marine Engineering and Technology
• /
• v.32 no.8
• /
• pp.1208-1214
• /
• 2008

The propulsion type of a small boats mainly were divided that the In-board and In out-board position located engine. The boats of the In-board and In out-board engine individually were propelled by propeller and stern drive. In this paper, 39feet-class leisure boats with propulsion type of In-board and In.out-board engine were performed to compare the effect of resistance performance using model test. As a result, leisure boat with In out-board engine is ascertained the optimum boat affects the speed and fuel efficiency.

• The Journal of Asian Finance, Economics and Business
• /
• v.7 no.6
• /
• pp.61-71
• /
• 2020

The study examines the impact of corporate governance mechanisms, such as board characteristics on corporate social responsibility disclosure (CSRD). The data on CSRD items and board characteristics have been collected by content analysis of the annual reports of 30 publicly-listed banks in Bangladesh covering six years, from 2013 to 2018. More specifically, the directors' report, the chairman's statement, notes to the financial statement and CSR disclosure reports included in annual reports were used to collect the CSRD data. The empirical analysis applies the ordinary least square and the generalized method of moments. The results of the study have revealed that board size, board independence, female board member, and foreign directors have a significant positive impact on CSRD. By contrast, political directors and audit committee size have a negative impact on CSRD. Interestingly, accounting experts on boards ensure more CSRD as they curb the influence of politicians on the board. Thus, it is better to increase accounting experts and decrease politicians on the board. These findings provide valuable insights into the process of forming a suitable CSR policy by connecting the efforts of the board, government, and regulatory bodies to enhance the performance of banks to CSR as well as to CSRD.

• Progress in Superconductivity and Cryogenics
• /
• v.13 no.1
• /
• pp.12-16
• /
• 2011

In this paper, the prototype of the HTS motor with an on-board cryocooler, is fabricated and tested. The overall system is composed of the stator with conventional copper winding, the rotor with superconductor, and the rotating cryocooler designed from the on-board concept. The rotor is fabricated as the race-track coil with 2G, YBCO tape and contacts with the on-board cryocooler while being rotated together. An inline-type pulse tube refrigerator is used as the on-board cryocooler. The cryocooler is fabricated from optimal process to satisfy the structure and thermal stability of the on-board system. Each component is integrated according to carefully defined sequence. Specially, a combining method of torque tubes is an important part for sustaining stability of the rotor and the cryocooler. In the rotating test, the HTS motor is successfully operated with 240 rpm of rotating speed when 75 A current is supplied to the superconducting rotor. In this paper, potential problems of the HTS motor system using the on-board cryocooler are proposed and solved, and realistic possibility of this concept is also confirmed.

• International Journal of Contents
• /
• v.10 no.2
• /
• pp.74-82
• /
• 2014

This paper aims to propose the educational concept and design model of a Smart Board Game appropriate for lower elementary grade students. The Smart Board Game refers to a hybrid, or 'convergent', game format based on the offline format of the conventional board game augmented through the use of smart devices. The substantive aspects of this game format utilize the procedural deduction and problem-solving skills applicable in storytelling methodologies and games, in order to generate and propose contents ideal for the educational environment. The development of the Smart Board Game is conducted through the following stages. First, the study analyzes a number of Smart Board Games currently popular in Korea and abroad, based on identification of the key components and processes of the board game format. The subsequent review of the science curriculum for lower elementary grades aims to determine the aspects conducive for application to Smart Board Games. Lastly, the theoretical framework outlined through the previous stages is used as the basis for the proposal of a detailed model of contents for the smart board game concept.

• The Journal of Asian Finance, Economics and Business
• /
• v.7 no.11
• /
• pp.817-825
• /
• 2020

Over the last few decades, corporate frauds have highlighted the significance of corporate governance in deriving firm performance. By using different sample data, extensive research has examined how corporate governance structure influences firm's profitability, but limited research was undertaken on the banking sector of Pakistan. This research adds to the literature by testing how board structure derives bank's performance by using sample data of 19 banks for the period from 2010 to 2017. In addition, the study analyzes the controlling part of size on the link between board governance and bank performance. Findings reveal that banks having small board size, fewer non-executive directors and minimum activity level perform better. Analysis related to bank size illustrates that board size has value in increasing benefits in large size banks in contrast to small size one, while higher participation by board members enhances performance of small size banks more. The correlation results and findings showed that there existed no multicollinearity issue between independent variables. Board size showed positive correlation with the market variable, while board activity tended to correlated negatively with the market performance. Inverse correlation between board size and independent directors indicated that Pakistani banks with greater board size had fewer independent directors.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.1
• /
• pp.179-185
• /
• 2021

The aim of this study is to examine the impact of board of directors' activity on the audit committee's effectiveness score among manufactured listed companies on Saudi Stock Exchange (Tadawul) for the period 2015-2017. The final sample of this study consists of 195 firm-year observations that represent manufactured companies listed on Saudi Stock Exchange (Tadawul) for the years 2015-2017. The data of this study in terms of board of directors' meetings, audit committee size and meetings, firm leverage, firm performance, and firm age were hand-collected from the annual reports of the considered companies. The Pooled OLS regression's result indicate that audit committee's effectiveness score is influenced by the board of directors' activity. This result gives support to the agency theory prediction. This result is also consistent with the complementary function of corporate governance mechanisms in which board of directors' activity complements the function of audit committee's effectiveness score. The result of this study should be useful for manufacturing companies, Saudi Stock Exchange, auditors, and regulators which relates to the association between board of directors' activity and audit committee's effectiveness score. This study provides a new empirical evidence on the impact of board activity on the audit committee's effectiveness score in an interesting context which is Saudi Arabia.

• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.5
• /
• pp.443-453
• /
• 2022

This study examines the effect of board structure and audit committee structure on financial reporting timeliness among Malaysia's top 100 public listed companies. Specifically, this study examines whether board independence, CEO duality, board ownership, audit committee independence, audit committee competence, and audit committee diligence influence the financial reporting timeliness of the public listed companies. This study selects the top 100 public listed companies by market capitalization listed on the Main Market of Bursa Malaysia as the sample since the main board has more public reprimands on financial reporting timeliness compared to other boards. The content analysis on annual reports for five years from 2015 to 2019 is utilized. The results show that audit committee competence and audit committee diligence significantly affect financial reporting timeliness. In contrast, board independence, CEO duality, board ownership, and audit committee independence have insignificant relationships with financial reporting timeliness. The findings in this study are helpful for compliance analysis and strategy formation in enhancing financial reporting timeliness. This study contributes to the agency theory by providing a new perspective on how different sections of corporate governance features interact together to influence financial reporting timeliness. In addition, the findings can assist the regulators in establishing quality corporate governance.