• 제목/요약/키워드: Regional Economic

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Effect of Corporate Governance on Corporate Social Responsibility Disclosure: Empirical Evidence from Vietnamese Commercial Banks

  • TRAN, Quoc Thinh;LAM, To Trang;LUU, Chi Danh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.327-333
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    • 2020
  • Corporate social responsibility is an inevitable trend in the global context. It is the responsibility of the organizations to the community and society to ensure the fairness of the interests of stakeholders. This is an issue that deserves attention, not in the national or regional level, but as a global issue. The purpose of article is to examine the effect of corporate governance on corporate social responsibility disclosure of 155 samples of 31 Vietnamese commercial banks from 2015 to 2019. The data of this study is employing time-series data and used the ordinary least squares to test the model. The results show that there are three factors that positively affect corporate social responsibility disclosure, namely, board size, foreign members of board, and audit committee. Thereby, the article proposes that board of director in Vietnamese commercial banks needs to raise awareness about corporate social responsibility, and the Central bank of Vietnam should monitor the disclosure of information regularly with severe sanctions on commercial banks that do not comply with the regulations of corporate social responsibility disclosure. This contributes to improving the information quality of the banking sector to meet the trend of international economic integration.

Capital Market Volatility MGARCH Analysis: Evidence from Southeast Asia

  • RUSMITA, Sylva Alif;RANI, Lina Nugraha;SWASTIKA, Putri;ZULAIKHA, Siti
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.117-126
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    • 2020
  • This paper is aimed to explore the co-movement capital market in Southeast Asia and analysis the correlation of conventional and Islamic Index in the regional and global equity. This research become necessary to represent the risk on the capital market and measure market performance, as investor considers the volatility before investing. The time series daily data use from April 2012 to April 2020 both conventional and Islamic stock index in Malaysia and Indonesia. This paper examines the dynamics of conditional volatilities and correlations between those markets by using Multivariate Generalized Autoregressive Conditional Heteroscedasticity (MGARCH). Our result shows that conventional or composite index in Malaysia less volatile than Islamic, but on the other hand, both drive correlation movement. The other output captures that Islamic Index in Indonesian capital market more gradual volatilities than the Composite Index that tends to be low in risk so that investors intend to keep the shares. Generally, the result shows a correlation in each country for conventional and the Islamic index. However, Internationally Indonesia and Malaysia composite and Islamic is low correlated. Regionally Indonesia's indices movement looks to be more correlated and it's similar to Malaysian Capital Market counterparts. In the global market distress condition, the diversification portfolio between Indonesia and Malaysia does not give many benefits.

Industrial Growth and Environmental Resource toward the Tax Potential: A Case Study in South Sulawesi Province

  • RUM, Muh.;KUSUMAWARDANI, Anisa
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.201-210
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    • 2020
  • This study aimed to analyze the influence of the industrial growth and the effect on government tax potential of the South Sulawesi Province. The growth of the tax object affects government tax potential of South Sulawesi Province. Environmental resources affect government tax potential of the province. The study used multiple linear regressions on primary data. The population consisted of all officers and staff involved in regional work units. Revenue Service area in South Sulawesi Province counts 630 employees. The sampling method is purposive sampling random carried out based on specific objectives. The respondent qualifications are taken from the Technical Implementation Unit Office and the Department of Revenue. The number of respondents is 96 from the Head of UPTD and three of them are related with tax Section Chief Officer. The results showed that industrial growth has a significant and positive effect on the potential increase in tax of South Sulawesi. Growth in tax object significantly affects the potential increasing tax of South Sulawesi. Environmental resources significantly affect the potential Increase in tax. Practical recommendations for local government is to enhance tax potential, reduce bureaucracy in industrial licensing, and facilitate local farmers to get involved in economic contributions.

Relationship of Successful Aging, Depression, and Family Function Among Rural Community Elders Living at Home (농촌지역 재가노인의 성공적 노화, 우울과 가족기능간의 관계)

  • Ban, Keum-Ok;Han, Hye-Ja
    • Journal of Korean Academy of Rural Health Nursing
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    • v.7 no.1
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    • pp.19-27
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    • 2012
  • Purpose: This study was done to examine the relationship of successful aging, depression, and family function in rural elders. Method: A descriptive correlation study design was used and data of the study were collected from 272 people who were overn 65 years of age and lived in a rural community. Result: The mean score for successful aging was $2.28{\pm}0.46$ points of a maximum 3 points. The elders showed a moderate degree of family function ($6.98{\pm}2.83$ points out of 10 points). The mean score for depression was $6.13{\pm}3.75$ points out of 15 points. There was a statistically significant correlation between successful aging and both depression (r=-.659, p<.001) and family function (r=.621, p<.001). Stepwise regression analysis was done to verify factors influencing successful aging. Depression was the dominant factor accounting for 43.2% of the total variance, followed by family function and age in that order. Inclusion of all of the study values resulted in an explanation power of 61.7%. Conclusion: The study results suggest that the provision of individual socio-psychological, and economic measures is important to promote successful aging in rural areas which are different in terms of socio-cultural as well as regional factors compared to urban areas.

A Proposal of Distribution Method for Inter-Regional Sewage Treatement Zone Using GIS and Gravity Model (GIS와 중력모형을 이용한 광역 하수처리권역 설정)

  • 하성룡;박대희
    • Proceedings of the Korean Association of Geographic Inforamtion Studies Conference
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    • 1998.11a
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    • pp.20-25
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    • 1998
  • In order to support effective decision-making related to inter-sewage planning, this study proposes the spatial distribution method of inter-sewage treatement area using spatial analysis of GIS, Communication system of database, spatial interaction of Gravity model. Evalution Indexs are consist of economic, social/political and environmental condition value which are explained by the analysis of AHP algorithm ,based on opinion of related experts. Network module in Arc/Info is applied in order to find out minimum pipeline root in Miho river watershed, one of the sub-basin of Geum river basin. This value also is utilized for the construction of cost decay function in gravity model.

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Evidence of Sexual Selection for Evening Orientation in Human Males: A Cross Cultural Study in Italy and Sri Lanka

  • Gunawardane, K.G. Chandrika;Custance, Deborah M.;Piffer, Davide
    • Interdisciplinary Bio Central
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    • v.3 no.4
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    • pp.13.1-13.8
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    • 2011
  • Previous research has established the existence of individual differences with regards to individuals' optimum time of well-functioning; specifically in terms of being either morning or evening oriented. An association has also emerged between being more evening, as opposed to morning, oriented and having a greater number of sexual partners. The aim of the present study was to investigate whether "eveningness" in males is an evolved sexually dimorphic trait consistent across different cultures. A sample of 179 male Sri Lankan men residing in two different cultural and economic settings, Italy and Sri Lanka, were administered the Morningness-Eveningness Questionnaire (MEQ) followed by assessing their sexual behavior history. The results robustly portrayed a highly significant main effect of MEQ types highlighting the twofold sexual success enjoyed by the evening individuals in both regional locations. Morning oriented individuals, showed a stronger preference for going out and partying than evening-types, suggesting that the higher mating success of evening types is not due to their different lifestyles allowing more opportunities to encounter females. However, evening types exhibited a preference for flirtatious behaviors in the later part of the day. Shoulder-to-hip and handgrip strength, as measures of testosterone levels, were not significantly associated with eveningness. The results are discussed in terms of sexual selection and its interplay with human cultural variation.

Korean perspective for joining TPP : Focused on Electronic Commerce (한국의 TPP 참여전략에 관한 연구: 전자상거래를 중심으로)

  • Han, Min-Chung
    • International Commerce and Information Review
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    • v.15 no.1
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    • pp.309-330
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    • 2013
  • Trans-Pacific Partnership started as a small scale 4 countries regional trade agreement. It became a grand free trade agreement when the United States announced its participation and Japn considers to join. Korea still hasn't decided the stance however, considering the economic and political relationship with the United States and the impact of TPP, it looks like that Korea is going to join TPP. US led the TPP agreement is expected to be made based on the previous FTA agreements of the US. In the promising E-Commerce part, it is likely that the e-commerce leading US would suggest favorable agreement. If Korea joins the TPP, it's necessary to suggest what Korea wants and needs based on the previous KORUS FTA to promote Korean e-commerce for the future.

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Study on the Forest Watershed Classification Method for Forest Watershed Management

  • Kim, Han Soo;Lee, Yang Ju
    • Korean Journal of Environment and Ecology
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    • v.29 no.2
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    • pp.236-249
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    • 2015
  • The master plan of forest land management proposes forest watershed management that considers regional characteristics in order to overcome the problem of uniform forest land management. In order to manage the forest watersheds in Gyeonggi-do, this study classified 1,823 forest watersheds in Gyeonggi-do and attempted to understand their characteristics. It conducted a factor analysis and cluster analysis from the perspective of conservation value and development pressure using forest land indicators. In terms of conservation value, three factors were drawn: the topography factor, vegetation factor and public service factor, while in terms of development pressure, three factors were drawn: the easiness of development factor, economic benefits factor and development activity factor. Using these factors, forest watersheds were divided into three clusters in terms of conservation value while they were divided into three clusters in terms of development pressure. Using the results of the cluster analysis from a conservation-development perspective, the forest watersheds were classified into nine different types, and the characteristics were identified by each type. It is judged that the factors and clusters drawn as a result of the research accurately reflect the present conditions of Gyeonggi-do, and the nine types of forest watersheds have clear characteristics according to each type, which are judged to be utilized in forest management in the future.

The Existing Types of Public and Private Actors for Managing The Rural Development Programs & Facilities in Japan (일본에 있어서 농촌지역개발주체의 존재형태와 변화방향에 관한 연구)

  • Yoon, Won-Keun
    • Journal of Agricultural Extension & Community Development
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    • v.18 no.3
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    • pp.665-691
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    • 2011
  • The implementation of an place-based rural policy requires changes in the intra-governmental relations and between the public and private sectors and civil society. Over the past decades, Japan has been increasingly devolving and decentralizing public responsibilities and resources to sub-national government levels. There is assumption that such transfers produce more efficiency in terms of public management and create better conditions for economic development. At the same time, these transfer respond to new expectations of citizens and civil society to participate more closely in the democratic decision-making process. Coordination is also needed at the local level to integrate sectoral approaches, to involve private partners and to achieve the appropriate geographic scale. Local public and private actors join a partnership and pool knowledge and resources. This type of local partnership is characterized by the participation of different actors, including municipalities, sub-regional government institution and development agencies. The participation of private actors(private firms, cooperatives, associations, non-profit organizations, farm organizations, other categories organizations, etc,) is also important.

Evaluating Feasibility of Soil Quality Assessment According to Soil Carbon Contents

  • Kim, Sung-Chul;Hong, Young Kyu;Lee, Sang Phil;Oh, Seung Min;Lim, Kyung Jae;Yang, Jae E.
    • Korean Journal of Soil Science and Fertilizer
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    • v.50 no.1
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    • pp.65-70
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    • 2017
  • Soil was regarded as infinite resources but recently, soil is considered as invaluable resources that we need to protect and conserve. Main objective of this research was to evaluate soil value in terms of soil carbon contents. Soil was classified into forest, paddy, upland, and grass. Carbon contents in each soil was calculated based on soil chemical properties. Calculated soil carbon contents was ranged $15.31-108.86mg\;kg^{-1}$. Based on soil carbon contents, soil value was assumed adapting economic concepts. Calculated total soil value based on soil carbon contents was about 18.46 trillion won. Among others, carbon contents in forest was the highest and value was assumed 11.95 trillion won followed by paddy field (3.7 trillion won).