• 제목/요약/키워드: construction firm

검색결과 249건 처리시간 0.023초

Demographic Faultlines in Groups: The Curvilinearly Moderating Effects of Task Interdependence

  • KWON, Youngjin;LEE, Junyeong
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.311-322
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    • 2020
  • This study aims to examine curvilinearly moderating effects of task interdependence on the relationship between demographic faultlines and group performance. It posits that the degree of task interdependence has an impact on the effects of demographic faultlines. It was conducted in six organizations in Korea, their industries including heavy industries, hospital, construction, petrochemical, fine chemicals, and system integration. The survey was distributed to 1330 individuals in 162 teams and 1082 individuals in 137 teams responded to the questionnaire. To test the hypotheses including nonlinear interactions, we conducted a hierarchical regression analysis to the survey data from 82 groups within six firms in Korea. The results show that for groups that experience a high level of task interdependence, the slope for the regression of demographic faultlines on group performance is comparatively low and, at the low level of task interdependence, insignificant. However, at intermediate levels of task interdependence, the association was strongly negative and significant. This study finds that the negative relationship between demographic faultlines and group performance is stronger when task interdependence is moderate than when task interdependence is high or low. Therefore, managers should pay attention to optimal group design by carefully assigning tasks in diverse and divided groups.

Corporate Board Attributes and Dividend Pay-out Policy: Mediating Role of Financial Leverage

  • TAHIR, Hussain;MASRI, Ridzuan;RAHMAN, Mahfuzur
    • The Journal of Asian Finance, Economics and Business
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    • 제7권1호
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    • pp.167-181
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    • 2020
  • The relationship between corporate board attributes and dividend payout is already established yet mediating role of leverage in not been examined in Malaysian market. Therefore, this study aims to examine the mediating effect of financial leverage on the relationship between corporate board attributes and the dividend pay-out policy. A sample of 203 non-financial firms listed on the BURSA Malaysia between 2005 and 2018 were analysed using SmartPLS 3.0. The findings show that there is a partial mediating effect of financial leverage on the relationship between board members age, board diversity and dividend pay-out policy. Financial leverage also mediates the relationship between number of women on board, CEO-duality and dividend pay-out policy. However, financial leverage doesn't mediate the relationship between board size and dividend pay-out policy. This study offers insights to policy-makers to develop a better corporate governance as well as a guidance to firms in the construction and implementation of their corporate governance policies in relation to financial leverage. This study also shed light on the influence of efficient corporate board attributes on dividend pay-out policy and financial leverage for firm growth. This study concludes that corporate board attributes impact capital structure and thus, firms may change its payout policy.

Study on the Relationship and Validity of the Management Evaluation Factors in Public Firms With a Focus on the Port Authorities

  • Lee, Sung-Yhun;Ahn, Ki-Myung
    • 한국항해항만학회지
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    • 제43권6호
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    • pp.450-461
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    • 2019
  • According to the results of the management evaluation of the nation's public firms over the past seven years, the rating of the port corporation is generally insufficient. According to the results of the seven-year study 2011-2017, the average debt ratio of the port corporation was 34.5%, two to three times lower than that of the general public company, the operating profit ratio of sales was three times higher, and the value added per person was 1.6-1.9 times better. However, the aggregate score and grade were generally low, with 4.1% of the total number of employees of the general public corporation, 10% of the average total assets, and 1% of the average sales volume. The distributed analysis results and panel return analysis results show that the size significantly impacts the overall score and grade. Additionally, major business standards such as port volume, not controlled by the port corporation, appear to have a decisive influence on the low grade of the port corporation. Thus, it appears that improvement and supplementation of key business indicators of port construction are urgently needed in the management evaluation system, which can be properly controlled.

설계참조를 위한 건축선례의 미학적 정보체계 모형연구 (Model Study of Aesthetic Database System of Architectural Precedents for Design Reference)

  • 김경수
    • 건축역사연구
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    • 제5권2호
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    • pp.83-95
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    • 1996
  • Computerized visual database construction of architectural precedents has just begun in some research institutes in the world. In Korea the first visual database has shown its testl version by S architectural design firm in september 1996. In this article the author discusses the historical contexts and the recent computerization cases, the traits, the uses and the limits of architectural visual database system of precedents. The forms and contents of data fields in two cases are compared with a focus on the description of architectural traits of each data entry. Compared to the KIA format, the S database has better performance for architectural design reference because it collects more pictures and drawings and larger texts for the field of architectural chracteristics. But this latter also is constrained by its capacity of memory and so lacks the reciprocity of the DOORS in the Graduate School of Design, Harvard University. A visual database system which has more flexible allocation of memory and respondent with the users is yet to be prepared. But this system also should be maintained by some experts in architectural history, theory and criticism, because their knowledge is essential for selection of precedents and revision of the data description. A full-fledged electronic visual database in architecture will not only save much effort for the architect, but also will change the architects' design behavior. Nevertheless this does not mean the automatic promotion of architects' creativity.

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르 꼬르뷔제의 주거건축 발전과정에 대한 연구 - 1920년대 주택작품을 중심으로 - (A Study on the Process of the Development of Le Corbusier's Villas - Focused on the Comparison between the Villas in 1920s -)

  • 도현학
    • 건축역사연구
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    • 제19권2호
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    • pp.133-152
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    • 2010
  • Through the 20th century architectural theory of rational thinking and the principles according to the statement of the firm, Le Corbusier's early works by analyzing the language of architecture, including his architectural concepts and helps the understanding of modern architecture. Masters of modern architecture as a place among the works of Le Corbusier in the 1920s, 'Le Corbusier's White Period' homes to target by age, and that his initial concept of the formation process of clarifying, further the construction of his golden age will be the key to understand. I selected housings from Maison Citrohan to villa Savoye, the category of architectural elements by considering the development process, he examines developments of the concept of modern architectural space. In analysis process, First of all, I am focused on between each element in the development process to review and explicate the integration process. The advent of the machine which he lived, because of its incredible potential reorganization of human society, as well as to celebrate the start of a new lifestyle. His architectural language of the times in the machinism could achieve progress and modern art, which is a new interpretation of the natural world.

용인지역 IT산업 육성 성공전략 (Sucess Strategy for IT Industry Promotion in Yongin Region)

  • 최종호;윤종수
    • 한국컴퓨터정보학회논문지
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    • 제10권5호
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    • pp.251-258
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    • 2005
  • 본 논문에서는 용인지역 IT산업 육성을 목표로 용인지역 IT산업 육성 성공요인 분석 결과 및 중요도를 기반으로 IT산업 성공요인인 창업지원, 기술지원, 경영지원, 법 $\cdot$ 제도적지원을 위한 IT산업 육성전략을 IT산업 지원시설의 집적화, IT산업 지원네트워크 구축, 지역착근 선도기업 발굴 및 육성, 마케팅 및 유통 선진화로 구분하고, 어떤 성공전략을 우선적으로 고려하여 일관성 있게 추진해야 하는지를 IT기업, 행정 공무원, 교수 및 연구원의 측면에서 AHP통계분석 기법을 적용하여 분석하였다. 본 연구결과는 용인지역 IT산업 발전을 위한 정책수립 자료로 다양하게 활용될 수 있을 것으로 판단된다.

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제조기업의 환경혁신에 대한 원인요인과 촉진요인 (The Influence Factors on the Activation of Environmental Innovations in Manufacturing Firms)

  • 최종민
    • 경영과학
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    • 제32권3호
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    • pp.71-89
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    • 2015
  • This research empirically investigated the influence factors on the activation of environmental innovations (EI) in Korean manufacturing firms. In this study, external factors (compulsory demand, government regulation, normative pressure and imitative pressure) and internal factors (environmental resources, top management support, integration of environmental tasks, capabilities of environmental personnel, and environmental strategy/environmental management systems) were totally considered. The results of a multiple regression analysis showed that influence factors such as top management support, environmental resources and integration of environmental tasks have a significant and positive impact on levels of EI. However, the effects of external factors were not statistically significant. We also examined whether capabilities of environmental personnel as well as environmental resources, which are directly related with degrees of EI, have a moderating impact on relationships between other internal factors and levels of EI. With a subgroup analysis, the moderating role of abilities of environmental personnel were empirically confirmed. Through a multiple regression analysis, the direct effects of external factors on the adoption or construction of internal factors were demonstrated. The effects of government regulation, normative pressure and imitative pressure on internal factors were significant and positive. It was also found that external factors have indirect effects on EI through internal factors. Finally, the results of multiple regression analyses indicated that EI positively influences the achievement of environmental competitive benefits, and environmental competitive advantages can improve the organizational performance of a firm.

건축설계에서 BIM ROI 측정방법 연구: 중소규모 설계사무소 실무중심으로 (A Study on Measurement Method of BIM ROI in Architectural Design Firm)

  • 손준익;옥종호
    • 한국CDE학회논문집
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    • 제21권3호
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    • pp.267-280
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    • 2016
  • In the construction industry, adoption of BIM is a global tendency whereas it doesn't seem to be fully activated in domestic market. Thus, the need of BIM ROI measurement is emerging. There has been a few researches which is only focused on evaluating achievement of BIM in constructional stage. However, it's hard to find any studies on the case of measurement of BIM ROI at the design phase. Therefore, this paper analyzes the domestic and external 12 advanced researches in the measurement of BIM ROI and suggests common investment and return facts. Based on this, this paper proposes a measuring method which is applicable in domestic architectural firms. To determine the appropriateness of the measure, there has been an expert survey and interview. According to the expert survey, the measure itself is practical. But in other survey targeting industry employee, actual profit and efficiency appear to be significantly different from previous expectations. In short, in the domestic conditions in the design stage, the introduction of BIM doesn't have a practical effect and this is one of the main reason why BIM can't be fully functional.

우리나라 글로벌 기업의 실물옵션을 이용한 투자안 평가 실증연구 (An Empirical Study on the Investment Evaluation of Korean Global Companies Using a Real Option Valuation Model)

  • 정의종
    • 플랜트 저널
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    • 제8권3호
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    • pp.42-48
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    • 2012
  • 전통적 투자안 평가방법인 현금할인법(DCF:discounted cash flow) 모형의 투자안 평가는 경영자가 미래 사업환경의 변화에 능동적 대처를 할 수 없다는 가정이다. 그러나 현실에서는 투자를 수행하는 중에 새로운 정보가 유입되고 불확실성이 클 때 평가 시점에서 예측한 대로 시나리오가 이루어지기 어렵기 때문에 경영의 유연성을 고려하는 실물옵션 방법으로 평가함으로써 이런 난점들을 극복할 수 있다. 실물옵션에는 연기옵션, 단계적 투자옵션, 변경옵션, 포기옵션, 전환옵션 등이 있다. 따라서 사업 변동성이 클 경우 전통적인 DCF보다는 이러한 변동성이 갖는 가치를 적극 이용하여 평가하는 실물옵션 방법이 보다 바람직한 평가방법이라 할 수 있다.

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제품속성별 신제품개발의 성패구조 분석모형 (Analytic Model on the Success/Failure Structure of New Product Development by Product Characteristic Grill)

  • 권철신;이재하
    • 한국경영과학회:학술대회논문집
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    • 대한산업공학회/한국경영과학회 2002년도 춘계공동학술대회
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    • pp.205-211
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    • 2002
  • The purpose of this paper is 1) to extract managerial factor into each cell which is classified by the characteristic grill of new products 2) to construct a management model of new product development for korean companies. For this purpose, the characteristic grill of new products is classified by which is market/technology sphere. Moreover the focus of this analysis is on examination of success/failure factors, which have an important effect upon new product success or failure. The variables for this study were selected from literature survey and pre-interview was implemented specially. The subject of study was project leaders of electronics industry where have taken the leading part in product development activities in Korean manufacturing industries. Enquete survey was conducted in each firm and project managers were asked to respond. Conclusion of this study based on many significant results gained by the various multi-variate analysis are summarized as follows. First, it can he noted that success/failure factors are different by each classified model and characteristic grill of a new product. Second, it has been identified that the important factors of success products were technical & management support and market ability, the important factor of failure product were lacking in ability of technical development and R&D management system construction. This paper presents some useful guidelines in strategic and managerial aspects for development of new products. Concurrently, the model of this study should be a great practical approach for application of actual affairs.

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