• Title/Summary/Keyword: Structural Assets

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A Study on the Structural Deterioration of the Building' Cultural Assets in Seoul (서울지역 건조물 문화재의 구조열화성상에 관한 연구)

  • Yu, Hye-Ran;Kwon, Ki-Hyuk
    • 한국방재학회:학술대회논문집
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    • 2008.02a
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    • pp.29-32
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    • 2008
  • Cultural assets are subject to general elements of deterioration due to aging of materials and surrounding conditions over time and these elements do not influence structural safety. However, wood cracking(penetrative), disparity of joints, deformation of structure, damage by insects and ground subsidence as the elements of structural deterioration as well as slanting of building structure caused by composite elements exert serious impact on safety of cultural assets. Therefore, repair must be administered by deciding the appropriate time and investigating the status. However, there are no grounds for making such decisions because investigative data on cultural assets have not been organized analyzed and the results of investigation have not been established as database. There is also lack of objectified bases. Therefore, this study aimed to investigate organize elements of structural deterioration with reference to cultural assets of building structures in Seoul so that to use the results found as the basic data for preservation of cultural assets.

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The Factors affecting the Level of Fixed Assets Management in General Hospitals (종합병원 자산관리 정도 및 요인 분석)

  • Seo, Young-Geun;Yu, Seung-Hum;Lee, Hae-Jong;Park, Eun-Cheol
    • Korea Journal of Hospital Management
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    • v.1 no.1
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    • pp.21-36
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    • 1996
  • The purpose of this study is to evaluate the level of fixed assets management of the factors affecting its management level. The surveyed data were gathered from 105 general hospitals among 263 general hospitals nationwide. The level of fixed assets management was measured by 11 dimensions of assets management. The results were as follows : 1. According to general characteristics of hospitals, the management level of public hospitals and corporatized hospitals was better than that of private hospitals. The management level was better as increasing beds. 2. In the structural characteristics of assets management, the management level of the hospitals which had the responsible person for assets management was better than that of the hospitals which had not. 3. In the operating characteristics of assets management, the hospitals that conducted education for the job had better level of assets management that did not it. The hospital that the discard of assets was decided by engineering department or management department were better in management level than the hospitals that it was decided by user department. The management level of hospitals which were computerized for assets management was better. 4. In the full model, the most factors affecting the level of assets management were the factors that were characterized by operation pattern of assets management, and the operating characteristics of assets management were explained to 23.1% of total 45.7%. Conclusively, the level of assets management was mostly affected by the operating characteristics of assets management which were education for the job, discard decision not by user department, computerization for assets management. Therefore, hospitals perform education of the job, discard decision by engineering or management department, and computerization for better level of fixed assets management

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The Financial Behavior of Investment Decision Making Between Real and Financial Assets Sectors

  • HALA, Yusriadi;ABDULLAH, Muhammad Wahyuddin;ANDAYANI, Wuryan;ILYAS, Gunawan Bata;AKOB, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.635-645
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    • 2020
  • This research was conducted to achieve several objectives and focus research was based on financial behavior theory and prospect theory as grounded theory e.g., investigate the financial decision-making behavior between financial and real assets investment, and confirm the relationship existing between herding behavior and overconfidence factors to the level of loss and regret aversion, and financial literacy into real assets investment decisions. The study used 220 real estate auction respondents as investor samples at the State Assets and Auction Service Office Makassar, South Sulawesi, Indonesia. Data was collected through the use of a questionnaire consisting of 23 questions to measure the variables. Moreover, the research data passed through several feasibility tests like the inner and outer modeling by Partial Least Square - Structural equation model (PLS-SEM) while the hypotheses formulated were also tested to determine the magnitude of the variable relationship. Through the use of the direct and intervening test, loss and regret aversion variables have a positive and significant effect while financial literacy variables have no significant effect. There is a slight difference in the decision-making process for real assets and financial assets investors. Investment decision making behavior in the financial assets sector requires less complicated decisions compared to the decisions related to real assets investments.

Antecedents of Acceptance of Social Networking Sites in Retail Franchise and Restaurant Businesses

  • Lee, Jung Wan;Kwag, Michael;Potluri, Rajasekhara Mouly
    • The Journal of Asian Finance, Economics and Business
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    • v.2 no.1
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    • pp.29-36
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    • 2015
  • The paper examines the antecedents of acceptance of social networking sites in retail franchise and restaurant businesses. The success of retail franchise and restaurant business operators via social networking sites depends not only on organizational benefits but also on their behavioral intentions of using it. Three hundred and twenty four samples collected from South Korean retail franchise and restaurant employees are analyzed using factor analysis, structural equation model techniques and one-way analysis of variance. The results of the study identify the three constructs of organizational benefits, perceived tangible assets and perceived intangible assets as for important antecedents to accept social networking sites for their business use. Moreover, higher position employees tend to have more favorable perception of tangible assets and acceptance of social networking sites for their business use.

An Analysis of Structural Relationships among Financial Indicators of Hospitals in Korea: Applying Structural Equation Modeling(SEM) (병원 재무비율 지표들 간의 구조적인 관계 분석)

  • Jung, Min-Soo;Lee, Keon-Hyung;Choi, Man-Kyu
    • Health Policy and Management
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    • v.18 no.2
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    • pp.19-38
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    • 2008
  • Financial ratios are key indicators of an organization's financial and business conditions. Among various financial indicators, profitability, financial structure, financial activity and liquidity ratios are frequently used and analyzed. Using the structural equation modeling(SEM) technique, this study examines the structural causal relationships among key financial indicators. Data for this study are taken from complete financial statements from 142 hospitals that passed the standardization audit undertaken by the Korean Hospital Association from 1998 to 2001 for the purpose of accrediting teaching hospitals. In order to improve comparability, ratio values are standardized using the Blom's normal distribution. The final model of the SEM has four latent constructs: financial activity(total asset turnover, fixed asset turnover), liquidity(current ratio, quick ratio, collection period), financial structure(total debt to equity, long-term debt to equity, fixed assets to fund balance), and profitability(return on assets, normal profit to total assets, operating margin to gross revenue, normal profit to gross revenue). While examining several model fit indices(Chi-square (df) = 178.661 (40), likelihood ratio=4.467, RMR=.11, GFI=.849, RMSEA=.157), the final SEM we employed shows a relatively good fit. After examining the path coefficient of the constructs, the financial structure of the hospital affects the hospital's profitability in a statistically significant way. A hospital which utilizes its liabilities, more specifically fixed liabilities, and makes a stable investment decision for fixed assets was found to have a higher profitability than other hospitals. Then, the standard path coefficients were examined to directly compare the influence of variables. It was found that there were no statistically significant path coefficients among constructs. When it comes to variables, however, statistically significant relationships were found. between. financial activity and. fixed. asset turnover, and between profitability and normal profit to gross revenue. These results show that the observed variables of fixed asset turnover and normal profit to gross revenue can be used as indicators representing financial activity and profitability.

A Study on The Identification Formation and Engagement of The Metaverse Community: Value of Virtual Assets (메타버스 커뮤니티 구성원의 정체성 형성과 참여에 대한 연구: 가상 자산의 가치의 역할)

  • Lee, Min Young;Kim, Sang Hyun;Sohn, Chang Yong
    • The Journal of Information Systems
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    • v.33 no.1
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    • pp.183-205
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    • 2024
  • Purpose This study aims to identify the factors that form the social identity of metaverse community users and to investigate the processes that influence engagement behavior. Specifically, this study is to verify the structural relationship between socio-technical factors and social identity of metaverse community. Furthermore, we would figure out the role of psychological ownership and virtual assets in engagement of metaverse community members. Design/methodology/approach Hypotheses were derived through literature research and a survey was conducted for users of the metaverse community. 357 collected responses were analyzed for the structural equitation modeling(SEM) with AMOS 24.0. Findings As a result of the study, all of the proposed hypotheses were supported. As a result, it was found that technical and social perceptions of the metaverse community platform had a positive effect on social identity. Social identity affects the intention to engage in the metaverse community through psychological ownership, and its influence is reinforced by the perceived value of virtual assets.

The Effects of Knowledge Assets on the Performances of Startup Firms: Moderating Effects of Promotion Focus

  • Seo, Sang Yun;Kim, Sang Duck;Lee, Myoung-Soung
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.187-199
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    • 2018
  • This study examined the effects of startup firm's knowledge assets on the effectiveness of their sales strategies, efficiency of sales activities, and management performance, after categorizing these assets into customer knowledge assets and technology knowledge assets. Furthermore, the moderating effects of promotion focus by CEOs and sales managers of startup firms were analyzed. For the analysis, dyadic questionnaire surveys were conducted targeting the CEOs and sales managers of startup firms established at the Gyeongnam Technopark and the KAIST Technology Business Incubation Center in Korea. Hypotheses were verified through structural equation modeling, and moderating effects were identified through ANOVA. CEO's customer knowledge asset strengthened their effectiveness of sales strategies, and sales manager's technology knowledge asset strengthened the efficiency of their sales activities. Also, CEO's effectiveness of sales strategies and sales manager's efficiency of sales activities have been found to enhance startup firm's management performance. Meanwhile, the moderating effect of promotion focus strengthened CEO's effectiveness of sales strategies through CEO's customer knowledge asset and interaction as CEO's promotion focus level increased, but promotion focus of sales managers did not have any significant interaction effect. This study provides implications by offering empirical evidence on startup firms with regard to knowledge assets.

A Specification Technique for Product Line Core Assets using MDA / PIM (MDA / PIM을 이용한 제품계열 핵심자산의 명세 기법)

  • Min, Hyun-Gi;Han, Man-Jib;Kim, Soo-Dong
    • Journal of KIISE:Software and Applications
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    • v.32 no.9
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    • pp.835-846
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    • 2005
  • A Product Line (PL) is a set of products (applications) that share common assets in a domain. Product Line Engineering (PLE) is a set of principles, techniques, mechanisms, and processes that enables the instantiation of produce lines. Core assets, the common assets, are created and instantiated to make products in PLE. Model Driven Architecture (MDA) is a new software development paradigm that emphasizes its feasibility with automatically developing product. Therefore, we can get advantages of both of the two paradigms, PLE and MDA, if core assets are represented as PIM in MDA with predefined automatic mechanism. PLE framework in the PIM level has to be interpreted by MDA tools. However, we do not have a standard UML profile for representing core assets. The research about representing PLE framework is not enough to make automatically core assets and products. We represent core asset in PIM level in terms of structural view and semantic view. We also suggest a method for representing architecture, component, workflow, algorithm, and decision model. The method of representing framework with PLE and MDA is used to improve productivity, applicability, maintainability and qualify of product.

IMPLEMENTATION OF STRUCTURAL DIAGRAM FOR INTELLECTUAL PROPERTY MANAGEMENT AND PROTECTION(IPMP)

  • Park, Jung-Hee;Lee, Ki-Dong;Lee, Sang-Jae
    • 한국디지털정책학회:학술대회논문집
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    • 2004.11a
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    • pp.435-448
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    • 2004
  • While Internet promises ubiquitous access, it also creates a fundamental challenge to the traditional ownership toward digital assets traded in e-commerce market. Sharing digital information freely through shared networks leads to many untapped business opportunities, but uncontrolled digital asset transaction undermines many electronic business models. Thus, in this Internet age, proper protection and safe delivery of Intellectual Property (IP) and its representation as digital assets would be a crucial ingredient of building trust in upcoming e-business environment. In this paper, we give a general structural diagram of Intellectual Property Management and Protection (IPMP) and implement an IPMP prototype based on the RSA encryption algorithm and XrML (eXtensible rights Markup Language) WORK tags to show how proper protection and safe delivery of the intellectual property is achieved. This study concludes that IPMP mechanism may contribute significantly to the volume and quality of e-commerce market.

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Evaluation of Dynamic Behavior Characteristics of Cheomseongdae Considering Earthquake Load (지진 하중을 고려한 첨성대의 동적 거동 특성 평가)

  • Kim, Ho-Soo;Lee, Ha-Na
    • Journal of Korean Association for Spatial Structures
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    • v.19 no.4
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    • pp.35-44
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    • 2019
  • Recently, the occurrence frequency of earthquake has increased in Korea, and many cultural assets have been damaged. Cheomseongdae is a valuable cultural assets that must be preserved historically and culturally. But, the masonry structure such as Chemseongdae is vulnerable to lateral forces. Therefore, in this study, structural modeling and dynamic analysis are performed to reflect the ground state and structural form of Cheomseongdae. Also, discrete element analysis technique is applied and dynamic behavior characteristics are analyzed according to earthquake load. For this purpose, displacements and stresses according to locations are reviewed and then swelling and distortion are analyzed.