• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.355-363
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• 2020

This study aims to investigate whether financial attitude links financial literacy to financial capability. To make sound financial decisions, one essentially requires a certain level of financial literacy - knowledge and skill in finance. Even more effective is when one's financial literacy could be developed into financial capability. The samples comprised 342 individuals from informal labor in the South of Thailand. The stratified multistage sampling technique was utilized to select the respondents, while the interview questionnaires were used to collect the data. By using SmartPLS 3.0, the data analysis included descriptive statistics and structural equation modeling (SEM). The result revealed that the one with the highest debt was Gen Y compared to Gen B and Gen X. Considering financial literacy, financial attitude, and financial capacity across generations, it was found that Gen Y had the highest average score in financial literacy and financial capacity, higher than that of Gen X and Gen B. The impact of financial literacy on financial capability through financial attitude, it was found that the impact on Gen B was higher than that of Gen X and Gen Y. With the right financial attitude, people of all generations would be equipped with a higher level of financial capability.

• 한국보육지원학회지
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• 제13권4호
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• pp.37-51
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• 2017

Objective: The purpose of this study was to examine the effects of child abuse, children's peer attachment and self-esteem on children's depression/anxiety. In addition, the mediating role of children's peer attachment and self-esteem between child abuse and children's depression/anxiety was investigated. Methods: Using the data of 396 children in grades 4~6 from the Korean Welfare Panel Study (2015), this study was conducted by applying Structural Equation Modeling (SEM). Results: The results of this study were as follows. First, child abuse had a direct influence on children's depression/anxiety, and self-esteem. Second, children's self-esteem had a direct influence on depression/anxiety. Third, children's self-esteem had mediating effects on the relationship between child abuse and children's depression/anxiety. Fourth, children's peer relationships had a direct influence on self-esteem. But, children's peer attachment did not have a direct influence on depression/anxiety. The effect of children's peer attachment on their depression/anxiety was partially mediated by children's self-esteem. Conclusion/Implications: In conclusion, child abuse, children's peer attachment and self-esteem have a direct or indirect impact on the depression/anxiety of children.

• Structural Engineering and Mechanics
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• 제75권3호
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• pp.327-337
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• 2020

The stability and dynamic performance of a flapper-nozzle servo valve depend on several factors, such as the motion of the armature component and the deformation of the spring tube. As the only connection between the armature component and the fixed end, the spring tube plays a decisive role in the dynamic response of the entire system. Aiming at predicting the vibration characteristics of the servo valves to combine them with the control algorithm, an innovative dynamic stiffness based on a distributed parameter model (DPM) is proposed that can reflect the dynamic deformation of the spring tube and a suitable discrete method is applied according to the working condition of the spring tube. With the motion equation derived by DPM, which includes the impact of inertia, damping, and stiffness force, the mathematical model of the spring tube dynamic stiffness is established. Subsequently, a suitable program for this model is confirmed that guarantees the simulation accuracy while controlling the time consumption. Ultimately, the transient response of the spring tube is also evaluated by a finite element method (FEM). The agreement between the simulation results of the two methods shows that dynamic stiffness based on DPM is suitable for predicting the transient response of the spring tube.

• The Journal of Asian Finance, Economics and Business
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• 제7권6호
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• pp.449-456
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• 2020

This study examines the relation between the quality of leader-member relationship and operational performance of processing enterprises employees in Vietnam, while job satisfaction and innovation are as a mediator variable. In depth interviews are first conducted with five managers and professional workers in five processing enterprises to determine the latent variables and build the structured questionnaire with observed variables. A quantitative survey with 438 employees and managers from 300 processing enterprises was carried out. The method of exploratory factor analysis (EFA), Cronbach's alpha analysis, and confirmatory factor analysis (CFA) was used to test the reliability, the convergent nature, and the consistency of the concepts. Structural equation modeling (SEM) is used to test the proposed model. The result shows that job satisfaction, innovation and operational performance have positive effects on the quality of leader-member relationship. The relationship between leaders and members had indirect impact on employee's operational performance via their job satisfaction and innovation, which illustrates a mediator role of job satisfaction and innovation for employees' performance. The findings of this study suggest that managers need to focus on developing relationship with employees to improve their satisfaction, innovation and performance.

• The Journal of Asian Finance, Economics and Business
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• 제7권6호
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• pp.427-437
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• 2020

This study seeks to examine empirically the effect of leadership style on organizational commitment and organizational effectiveness. The data are from all departments of the undergraduate program at the State University in Central Java, Indonesia. The study comprises all divisions of the undergraduate program, which amounted to 207 people. The method for sampling is based on simple random sampling. Structural equation modeling (SEM) is applied in order to analyze the data. The results show that integrative adaptive leadership style has a positive effect on teamwork and affective commitment. Therefore, in order to improve teamwork, the organization should be assisted in completing the introduction of collaborative conflict resolution. Moreover, affective commitment positively affects organizational effectiveness. Thus, it can be said that efforts to improve the organizational effectiveness, should be supported by affective commitment. The study further revealed that integrative adaptive leadership style has a positive effect on teamwork. This means better execution of integrative adaptive leadership, higher level of coordination and vice versa. Each member has different responsibilities and duties, and it can be done or resolved in different ways. If the leader can accommodate the creativity of the faculty and staff, a solid team can be formed.

• The Journal of Asian Finance, Economics and Business
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• 제7권6호
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• pp.525-535
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• 2020

The study aims to investigate the roles of financial education (FE) as a moderator to financial attitude (FA), parental financial socialisation (PFS), and financial literacy (FL) to ensure the success of prudent financial management practices (PFMP) among Malaysian youth. The study was designed quantitatively and employed self-administered questionnaires, which were adopted from previous studies and distributed to 480 youths in Malaysia. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to test hypotheses of the study. The results showed FA, PFS and FL have significant and positive relationship with PFMP. However, as regards moderating interaction of FE, results showed that FE does not significantly moderate the relationship between FA, PFS and FL with PFMP. The results further highlighted serious concerns on the effectiveness of FE towards improving youth capability in managing their financial affairs prudently. This proved that mandated FE prior to graduation has less effect and does not lead to behavior changes among Malaysian youth. It shows the challenges faced by the country stakeholders to strengthen FE, enhance the effectiveness and encompass the right FE elements to ensure today's young Malaysians are able to apply what they learned in the classroom to their real life.

• The Journal of Asian Finance, Economics and Business
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• 제7권6호
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• pp.387-397
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• 2020

The purpose of this study is to determine the effect of work motivation and leadership on job satisfaction and its implications on employee performance. A total of 355 samples of Bukit Asam Coal Mining Company Ltd. in Indonesia were selected proportionally with random sampling. Data were obtained through questionnaires. Data analysis technique employed structural equation modeling (SEM) with AMOS 22. The results of the study show that leadership and work motivation have a positive and significant effect on job satisfaction. Leadership has a more considerable influence (0.263) than work motivation (0.171) toward employee job satisfaction. The influence of leadership towards job performance is 0.175. The influence of work motivation towards job performance is 0.166. Job satisfaction has the most dominant influence (0.363) towards employee performance. The direct effect of leadership on employee performance is 0.175 greater than the indirect influence of leadership on employee performance through employee job satisfaction, which is only 0.096. Likewise, the direct effect of work motivation towards employee performance is 0.166 greater than the indirect effect of work motivation towards employee performance through employee job satisfaction, which is only 0.062. Thus, job satisfaction does not mediate the effects of leadership and work motivation toward employee performance.

• 한국보육지원학회지
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• 제13권6호
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• pp.163-179
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• 2017

Objective: The purposes of this study are to test a direct effect of mother-child interaction and to examine the mediating effect of children's smart media use on a child's sleeping hours. Methods: We analyzed the longitudinal data of 1,494 children from the $6^{th}$ panel study of Korean children collected by the Korea Institute of Child Care and Education in 2013, which examined 5-year-old children. The main analysis method was Structural Equation Modeling (SEM). Results: The study results showed that mother-child interaction had a direct effect on the child's sleeping hours. Children's smart media use also directly influenced the child's sleeping hours. In regard to mediation, the results revealed that children's smart media use mediated the relationship between mother-child interaction and child's sleeping hours. Conclusion/Implications: Bidirectional mother-child interaction and the degree of smart media use played an important role in children's sleeping hours. This study suggests policy and practical implications in order to retain children's healthy sleeping hours.

• 한국조리학회지
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• 제22권6호
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• pp.33-51
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• 2016

The hotel industry needs to make the competitive advantage difficult to be imitated in order to remain sustainable in competitive business circumstances. Front-line employees' service-oriented citizenship behaviors(OCBs) can be such a strength from the perspective of organizational system. With an aim of investigating the antecedents of the hotel front-line employees' service-oriented OCBs, this study proposed a theoretical framework linking authentic leadership to service-oriented OCBs with goal commitment as a mediator. A total of 260 cases without missing values have been used for the final analysis and structural equation modeling (SEM) is employed using the SPSS and AMOS 7. It was first found that self-awareness and relational transparency of authentic leadership made a significant impact on their goal commitment while balanced processing and moral perspective failed to influence them. Second. goal commitment influenced all sub-factors of service-oriented OCBs. Third, moral perspective and relational transparency of authentic leadership significantly influenced service-oriented OCBs while self-awareness and relational transparency failed to make it. Finally, goal commitment significantly makes an intervening effect for the relationship between self-awareness & service-oriented OCBs and relational transparency & service-oriented OCBs but failed to intervene the other relationships. The results provide theoretical and practical implications regarding directions of leadership styles and HR management in the hotel industry and suggestions for the further extended studies.

• 한국조리학회지
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• 제20권5호
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• pp.1-10
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• 2014

The employment rate has become the standard for university values. This raises the need to investigate the antecedents of university students' career exploration. Focused on the hospitality majored students, this study aims to investigate both individual and relational factors that influence their career exploration behaviors. Differentiation of self has been chosen as the individual and the relational antecedents based on Bowen's theory. It was investigated whether each dimension(I-position, emotional reactivity, fusion with others, and emotional cutoff) explains the amount of self-exploration and the amount of environmental exploration. The university students majoring in hospitality were surveyed and a total of 269 cases out of 300 cases were analyzed employing descriptive statistics and multi-variate analysis of variance, and structural equation modeling(SEM). The study found that I-position positively influenced self-exploration and environmental exploration. Emotional reactivity made an influence on environmental exploration, while it failed to explain self-exploration. Fusion with others and emotional cutoff also significantly influenced environmental exploration, however, it didn't make any significant influence on self-exploration. This study implies that the college of hospitality majors needs to understand that differentiation of self forms through family relationship and needs to provide the students the programs of how to understand themselves and what to do for their career exploration.