• Title/Summary/Keyword: Panel Board

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The Influence of Board Ownership on Bank Performance: Evidence from Saudi Arabia

  • HABTOOR, Omer Saeed
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1101-1111
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    • 2021
  • The current study aims to investigate the influence of different categories of ownership held by different types of board members on bank performance. The study uses a sample of Saudi listed banks for the period from 2011 to 2018. The results of the panel data analysis using firm fixed-effects regression model indicate that bank performance is significantly and positively affected by the chairman ownership and the CEO ownership. However, board independent members' ownership has a negative influence on bank performance. While non-executive board members' ownership and family board members have an insignificant impact on bank performance. Control variables, including board size, non-executive board members, government ownership, leverage, and bank size are significantly associated with bank performance. Overall, the results indicate that Saudi bank performance is higher in smaller banks that have smaller boards with lower non-executive members, lower portion of shares held by independent board members, higher portion of shares held by the chairman, CEO, and government, and higher leverage. The results of this study provide important implications for regulatory authorities and market participants in Saudi Arabia and countries with ownership concentration to understand the actual role of different categories of board ownership on firm performance in addition to optimize board ownership.

Evaluation of Fire Investigation as the Separation Distances for Several Types of Insulation Panels (단열패널 종류별 이격거리에 따른 화재감식 평가)

  • Kim, Jeong-Hun;Kim, Da-Seul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.4
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    • pp.403-412
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    • 2021
  • Despite strengthening requirements for fire retardancy and applied buildings of insulation panels, the number of fires and influence of damage have increased. In this study, the thermal effects were evaluated as the separation distances, and three types of EPS panel, glass wool panel, and gypsum board panel were then selected. Temperature sensors on the panels were installed vertically from the ground. The fire source on the lamination layer of lumber was ignited by changes in the separation distances (0 cm, 25 cm, 50 cm) from the panels. The test results suggested that the maximum temperature was 349 ℃ in the EPS panel. The inside/outside shape changes were limited by the height of the low and middle positions until the critical point of a 25 cm separation distance. Furthermore, the combustion marks appeared after 500 s on average, and then the EPS panel with a high fire strength showed a broad "U type" pattern, glass wool panel, and gypsum board panel showed medium or narrow "V type" pattern. Therefore, the acquired data can provide valuable information for evaluating the fire risks and verifying fire investigation from buildings composed of these insulation panels.

The Board Size and Board Composition Impact on Financial Performance: An Evidence from the Pakistani and Chinese's Listed Banking Sector

  • MAJEED, Muhammad Kashif;JUN, Ji Cheng;ZIA-UR-REHMAN, Muhammad;MOHSIN, Muhammad;RAFIQ, Muhammad Zeeshan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.4
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    • pp.81-95
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    • 2020
  • The main objective of this research is to investigate the impact of board size and board composition on financial performance of banks. The sample of this study consists on two countries listed bank sector Pakistan and China. The annul data is used from 2009-2018 to find the objective of this study. The Panel regression model is used to check the relationship between dependent and independent variables. Return on Asset and Return on Equity is used as performance checker dependent variables. The results of this study confirm board size coefficient value positive for ROA and negative for ROE but shows insignificant behavior for Pakistani banking sector while in Chinese banking sector the coefficient value of board size positively for ROA and ROE at 10% level. The board composition coefficient shows the negatively significant with ROA but insignificantly related to ROE for Pakistani banking sector. However, in Chinese banking sector the coefficient value of board composition is insignificant for both ROA and ROE. This study is helpful for banks, management of banks, policy makers, researcher as well as Government.

Physical and Mechanical Properties of Sludge-Particle Board Manufactured by Composition Types and Composition Ratios from Mixed or Layered Paper Sludge and Wood Particle (구성형태(構成形態)와 구성비율별(構成比率別)로 제조(製造)한 슬러지-파티클보드의 물리적(物理的) 및 기계적(機械的) 성질(性質))

  • Lee, Phill-Woo;Yoon, Hyoung-Un
    • Journal of the Korean Wood Science and Technology
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    • v.24 no.1
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    • pp.17-26
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    • 1996
  • This research was accomplished to evaluate possibility of using paper sludge for the raw materials of wood based panel products. The experimental panels were manufactured by four mixed ratios, the proportion of paper sludge to wood particle: 20:80, 30:70, 40:60, 50:50% (oven dry weight basis) and by three composition types, sludge-particle mixed board, three layered sludge-particle board and three layered particle board. They were tested mechanical (bending strength and internal bond) and physical properties (water absorption, thickness swelling and linear expansion). From the results they were shown that bending strength of mixed and three layered sludge-particle board were decreased with increasing of composition ratios of sludge. And the mechanical and physical properties of the boards of three layered composition types have superior to those of mixed composition type. Although composition ratios of sludge increased, the internal bond strength and dimensional stability of sludge-particle board not decreased quantitatively. We concluded that the mechanical and physical properties of three layered sludge-particle board were similar w those of three layered particle-board (control) made by our laboratory design. Therefore, it was recognized that paper sludge can be used as potential raw material in particle-board manufacturing industry.

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Comparison of Tilt Variation in the Otter Board and Codend of Bottom Trawl Gear during Fishing Operations

  • Kim, Yong-Hae
    • Fisheries and Aquatic Sciences
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    • v.17 no.1
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    • pp.145-153
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    • 2014
  • The motion of the otter board on a trawl can affect the motion of trawl nets, and the motion of the codend can affect fish selectivity. Preliminary measurements of the tilt of bottom trawl gear were carried out to compare the tilts of the otter board and codend. The tilt of the otter board was measured by Vector and tilt at 1.5 m anterior to the end of the codend, and the middle upper panel was measured with a micro-DST-tilt logger. Tilt data such as yaw, pitch, and roll were analyzed by the fast Fourier transformation method and global wavelet and event analyses for the period or amplitude. The mean period ${\pm}$ standard deviation of the tilt in the otter board, $(5-6){\pm}2s$, was similar to the period of the codend, $(4-6){\pm}(2-3)s$, whereas the amplitude of the codend was greater than that of the otter board. The yaw and pitch periods were not significantly different between the otter board and codend, but roll was different. Furthermore, the tilt period frequencies of the otter board and codend were not significantly different. Accordingly, the tilt motion of the codend was mostly related to the tilt of the otter board.

Effects of sound absorbent gypsum board in the ceiling on low-frequency heavyweight floor impact sound (흡음 석고보드 천장재에 의한 저주파 중량 바닥충격음의 저감 효과)

  • Song, Han-Sol;Ryu, Jong-Kwan
    • The Journal of the Acoustical Society of Korea
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    • v.37 no.5
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    • pp.323-330
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    • 2018
  • This study investigated effects of absorbent gypsum board in the ceiling on low-frequency heavyweight floor impact sound through sound absorption coefficient and floor impact sound measurement. The sound absorption coefficients were measured with sound absorbent gypsum board, glass wool on gypsum board, and a double panel absorbent gypsum board (absorbent gypsum board + glass wool + absorbent gypsum board). Result showed that the absorbent gypsum board had sound absorption coefficient of 0.1 ~ 0.7 from 200 and 630 Hz octave band. The sound absorption coefficient was increased in all frequency range by adding glass wool. Additional absorbent gypsum board increased sound absorption coefficient up to 250 Hz octave band, but decreased over 250 Hz. Heavyweight floor impact sounds were measured in test building for three materials above, gypsum board, and bare slab. Result showed that glass wool on gypsum board and a double panel absorbent gypsum board reduced by 3 dB ~ 4 dB (single number quantity) heavyweight floor impact sound. Comparing with bare slab condition, floor impact sound reduction was mainly found from 125 Hz to 500 Hz octave band, and the maximum reduction was shown in the 250 Hz octave band.

The Problems in the Medical Dispute Mediation Process According to the "Act on Remedies for Injuries from Medical Malpractice and Mediation of Medical Disputes" and the Alternative Propsal (의료분쟁조정제도 운영에 따른 문제점 및 개선 방안)

  • Hwang, SeungYun
    • The Korean Society of Law and Medicine
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    • v.14 no.1
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    • pp.85-116
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    • 2013
  • Korea Medical Dispute Mediation and Arbitration Agency, "K-MEDI" in abbr. herein-after, is established on Apr. 9, 2012 according to the law cited in the title above for the purpose of settling medical disputes in a prompt, fair and efficient manner. Two special professional organizations are established in K-MEDI, one of them is Medical Dispute Mediation and Arbitration Committee(hereinafter referred to as the "Mediation Committee") and the other Medical Malpractice Appraisal Board(hereinaf-ter referred to as the "Appraisal Board"), the mission of the latter is to investigate the facts concerning the disputed medical conduct and to research as to and apprai-se whether the medical conduct was negligent and whether a causal relationship exists. Each panel organized in the Mediation Committee or the Appraisal Board shall be comprised of five mediators or appraisers, including necessarily a judge or a prose-cutor respectively and any disputed case regardless of the scale, the importance or the complicacy shall be handled by a panel. As the system is not thought efficient or economic, the number of the members comprising a panel or total members com-prising the Mediation Committee or the Appraisal Board shoud be adjusted, and the process shoud be versified, including the "Rapid Process," for instance. A petition for the mediation of a medical dispute shall be rejected if the respondent fails to notify K-MEDI of his/her intention to accede to the mediation within 14days from the day on which the petition for the mediation was served(Art. 27 Cl. 7). As the option of an arbitrary decision whether the mediation proceedings shall be commenced or not given to the respondent by the clause is thought unfair, making the process unstable, and moreover, diminishing the purpose of the system established by the law cited above for solving the medical disputes, the clause shoud be amended not to allow the respondent the option of such an arbitrary deci-sion. K-MEDI shall conduct the "Program for Compensation of Medical Accidents"(Art 46) according to which unavoidable injuries caused by the medical accidents in the cour-se of childbirth and the "Advances for Damages"(Art. 47) that are the compensating moneys paid to victims in medical malpractice cases who fail to receive money at all or partly from the operator or the professional of a public health or medical institution although he/she has a final and conclusive right to be paid by them. Some operators or professionals of such institutions claim that both the programs violate their fundamental rights assured by the constitution, and that it be a justifica-tion of refusal to accede to the mediation. As any of the programs needs not to be conducted by K-MEDI, it may be a proper solution to change the conductor of the programs to avoid the unproductive controversy.

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An acoustic evaluation of bottom-ash light-weigh concrete panel using small-scale Panel (축소시편을 이용한 Bottom ash 경량콘크리트패널의 차음성능평가)

  • Chung, J.Y.;Im, J.B.;Jeong, G.C.
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2007.11a
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    • pp.951-955
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    • 2007
  • Recently, drywall's demand is increasing by interest about spread of remodeling house and separated wall structure. This research evaluated panel's SRI and found out panel properties using material of small size. Conclusion of this research is as following. First, we confirmed the effectiveness of small-scale material. Measuring results appeared equally about 400 ${\sim}$ 500 Hz that is fc frequency. Second,, it is no big difference in SRI that use CRC or magnesium board that is used for protection of panel surface. Third, it is compared SRI by used junction to make wall that become disjointing assembly. By the result, sealed wall secures resemblant SRI performance almost with normal wall. Therefore, using joint materials and sealing junction became wall that is detached with high SRI.

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Heat transfer of green timber wall panels (그린팀버월 패널의 열전달 특성)

  • Kim, Yun-Hui;Jang, Sang-Sik;Shin, Il-Joong
    • Korean Journal of Agricultural Science
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    • v.38 no.1
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    • pp.115-120
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    • 2011
  • 20% of total energy use to sustain temperature of building inside. In this reasons, researchers effort to improve the thermal insulation capacity with new wall system. Using appropriate materials and consisting new wall system should considered in energy saving design. OSB(Oriented strand board), Larch lining board used to consist wall system. $2{\sim}6$ Larch lining board has tongue & groove shape for preventing moisture. Comparing with gypsum board and green timber lining board as interior sheathing material, temperature difference of Green timber wall system was bigger than temperature difference of gypsum board wall system. This aspects indicate that Green timber wall system was revealed higher thermal insulation property than gypsum board wall system. Gypsum board portion transfer heat easily because temperature difference gradient of gypsum board wall system was smaller than OSB wall system. Total temperature variation shape of G-4-S and G-6-S show similar model but, temperature variation shape in green timber wall portion assume a new aspect. The purpose of this study was that possibility of thermal insulation variation and new composition of wall system identify to improve thermal insulation performance. In the temperature case, this study shows possibility of improving thermal insulation performance. Humidity, sunshine and wind etc. should considered to determine building adiabatic properties.

Board Structure and Likelihood of Financial Distress: An Emerging Asian Market Perspective

  • UD-DIN, Shahab;KHAN, Muhammad Yar;JAVEED, Anam;PHAM, Ha
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.241-250
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    • 2020
  • This study examines the relationship between the attributes of board structure and the likelihood of financial distress for the non-financial sector of an emerging market characterized by concentrated ownership and family-controlled business. The present study utilized panel logistic regression to estimate the relationship between board structure attributes and the likelihood of financial distress. We used Altman Z-Score as a proxy for firm financial distress, as this tool measures the financial distress inversely. The study finds a significant relationship between board size and the likelihood of financial distress. The results show that a one-unit increase in board size would decrease the probability of financial distress by 3.4%. Further, we observe that a greater level of board independence is associated with a lower likelihood of financial distress. A one-unit increase in board independence would decrease the probability of financial distress by 20.4%. We also find a significant positive impact of leverage on the likelihood of financial distress. The present study contributes to the body of literature on board structure attributes and likelihood of financial distress in emerging markets, like Pakistan. Furthermore, the findings would be beneficial for corporate policymakers and investors in formulating corporate financial strategy and predicting business failure.