• Title/Summary/Keyword: empirical research

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Earnings Management and Cost Stickiness: Evidence from Mongolia (몽골기업의 이익조정과 원가의 하방경직성)

  • Ser-Od, Bolortuya;Koo, Jeong-Ho
    • Journal of Industrial Convergence
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    • v.20 no.9
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    • pp.25-38
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    • 2022
  • The purpose of this paper is to verify the cost behavior of non-listed companies in Mongolia from 2013 to 2018. And we investigate the relationship between cost behavior and earnings management. Earnings management was measured using the Big-Bath and avoiding loss incentives. Big-Bath suspected firms report a very large loss and avoiding loss suspected firms have a bite profit. The results of this study are as follows. First, non-listed firms in Mongolia, operating costs(oc) and selling, general and administrative(sga) costs show the cost stickiness. Second, cost stickiness was different depending on the earnings management. The suspected avoiding loss firms have upward earnings management incentives, operating costs and sga costs all present anti-cost stickiness. The suspected big bath firms strengthen the cost stickiness of operating costs and sga costs. This study is meaningful in that it first analyzed the relationship between earnings management and cost stickiness of non-listed firms in Mongolia using empirical data. It will be meaningful in that it provides relevant information to those interested in research and investment.

Effective Capacity Planning of Capital Market IT System: Reflecting Sentiment Index (자본시장 IT시스템 효율적 용량계획 모델: 심리지수 활용을 중심으로)

  • Lee, Kukhyung;Kim, Miyea;Park, Jaeyoung;Kim, Beomsoo
    • Knowledge Management Research
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    • v.23 no.1
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    • pp.89-109
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    • 2022
  • Due to COVID-19 and soaring participation of individual investors, large-scale transactions exceeding system capacity limits have been reported frequently in the capital market. The capital market IT systems, which the impact of system failure is very critical, have encountered unexpectedly tremendous transactions in 2020, resulting in a sharp increase in system failures. Despite the fact that many companies maintained large-scale system capacity planning policies, recent transaction influx suggests that a new approach to capacity planning is required. Therefore, this study developed capital market IT system capacity planning models using machine learning techniques and analyzed those performances. In addition, the performance of the best proposed model was improved by using sentiment index that can promptly reflect the behavior of investors. The model uses empirical data including the COVID-19 period, and has high performance and stability that can be used in practice. In practical significance, this study maximizes the cost-efficiency of a company, but also presents optimal parameters in consideration of the practical constraints involved in changing the system. Additionally, by proving that the sentiment index can be used as a major variable in system capacity planning, it shows that the sentiment index can be actively used for various other forecasting demands.

A Review on Mineralogical and Geochemical Characteristics of Seafloor Massive Sulfide Deposits in Mid-Ocean Ridge and Volcanic Arc Settings: Water-Rock Interaction and Magmatic Contribution (중앙해령 및 섭입대 화산호 지역 해저열수광상의 광물·지구화학적 특성 고찰: 물-암석 상호작용 및 마그마 영향)

  • Choi, Sun Ki
    • Economic and Environmental Geology
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    • v.55 no.5
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    • pp.465-475
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    • 2022
  • The seafloor massive sulfide deposits are important mineral resources for base and precious metals, and their ore genesis and metal contents are mainly controlled by wall-rock leaching process and/or magmatic volatile input from the underlying magma chamber. However, the contribution of two different metal sources to the seafloor hydrothermal mineralization significantly varies in diverse geological settings and thus still remains controversial. In this review, mineralogical and geochemical characteristics of SMS deposits from mid-ocean ridges (MORs) and volcanic arcs were investigated to understand the contribution from different metal sources and to suggest future challenges that need to be addressed. As a result, the genetic occurrences of enargite and cubanite, galena and barite indicate the effects of magmatic input and water-rock interaction, respectively. Also, the distributional behaviors of Co, As, and Hg in pyrite and FeS content of sphalerite could be useful empirical indicators to discriminate the significant roles of different metal sources between MOR and Arc settings. To date, as most studies have focused on sulfide samples recovered from the seabed, further studies on magmatic sulfides and sulfate minerals are required to fully understand the genetic history of SMS deposits.

A Study on Factors Affecting a User's Behavioral Intention to Use Cloud Service for Each Industry (클라우드 서비스의 산업별 이용의도에 미치는 영향요인에 관한 연구)

  • Kwang-Kyu Seo
    • Journal of Service Research and Studies
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    • v.10 no.4
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    • pp.57-70
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    • 2020
  • Globally, cloud service is a core infrastructure that improves industrial productivity and accelerates innovation through convergence and integration with various industries, and it is expected to continuously expand the market size and spread to all industries. In particular, due to the global pandemic caused by COVID-19, the introduction of cloud services was an opportunity to be recognized as a core infrastructure to cope with the untact era. However, it is still at the preliminary stage for market expansion of cloud service in Korea. This paper aims to empirically analyze how cloud services can be accepted by users by each industry through extended Technology Acceptance Model(TAM), and what factors influence the acceptance and avoidance of cloud services to users. For this purpose, the impact and factors on the acceptance intention of cloud services were analyzed through the hypothesis test through the proposed extended technology acceptance model. The industrial sector selected four industrial sectors of education, finance, manufacturing and health care and derived factors by examining the parameters of TAM, key characteristics of the cloud and other factors. As a result of the empirical analysis, differences were found in the factors that influence the intention to accept cloud services for each of the four industry sectors, which means that there is a difference in perception of the introduction or use of cloud services by industry sector. Eventually it is expected that this study will not only help to understand the intention of using cloud services by industry, but also help cloud service providers expand and provide cloud services to each industry.

The Effects of Device Switching on Online Purchase: Focusing on the Moderation Effect of Switching Time and Internet Infrastructure (기기전환이 온라인 구매에 미치는 영향: 전환 시점과 인터넷 인프라의 조절 효과를 중심으로)

  • Jungwon Lee;Jaehyun You
    • Journal of Intelligence and Information Systems
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    • v.29 no.1
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    • pp.289-305
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    • 2023
  • The rapid increase in the use of mobile devices is changing consumers' online shopping behavior. However, the difference in the effect on the conversion rate according to the time when consumers switch from a small screen to a large screen has not been sufficiently studied. In addition, the differences in the effect of device conversion on purchase performance according to the characteristics of each country's infrastructure have not been sufficiently studied. Against this background, this study aims to analyze whether the timing of switching from mobile devices to PC devices and the country's mobile Internet penetration rate are moderating the positive effect of device switching on purchase performance. For empirical analysis, Google Merchandise Store data was collected and 101,466 data from 130 countries were analyzed with a multilevel model. As a result of the analysis, consumers' device switching (i.e., mobile to PC) had a positive effect when it occurred in the middle of the consumer journey. However, it was analyzed that when device switching occurred at the later stage of the consumer journey, it had a negative effect on purchase performance. In addition, it was analyzed that the higher the mobile Internet penetration rate, the weaker the positive effect of consumer device conversion on purchase performance.

A Qualitative Analysis of the Role of Music Contributing to Catharsis During Music Experience (음악 체험에서 카타르시스 경험에 기여한 음악의 역할에 대한 질적 분석)

  • Choi, Jin Hee;Chong, Hyun Ju
    • Journal of Music and Human Behavior
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    • v.20 no.1
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    • pp.1-19
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    • 2023
  • This study explored the role and characteristics of music that contributed to experiences of catharsis in music. An empirical phenomenological study was conducted to explore catharsis with 12 adults. Phenomenological reduction, change of attitude, literature interpretation, and hermeneutic circle were used for data collection and analysis. As a result, three categories, five themes, and 11 sub-themes were identified. The first category, here and now in music consisted of two themes: aesthetic experiences and expansion of musical novelty. The second category, inner connection through music consisted of one theme, re-experience of internal emotions. The third category, immersion and engagement in music consisted of two themes: ventilating or deepening of emotions and internal dynamics. Based on these results, the cathartic characteristics of music are discussed. First, the aesthetics and novelty of music kept participants fully stay in music. Second, music induced a re-experiencing of emotions by triggering memories or stimulating unresolved emotions. Third, the elements of music promoted emotional ventilation, deepening, and internal dynamics. This study is meaningful because it qualitatively examined the roles and characteristics of music that contribute to cathartic experience in the general adult population.

An Empirical Study on Influence of SCM Integration Factors on Visibility and Business Performance (SCM 통합요인이 가시성과 기업성과에 미치는 영향에 관한 실증연구)

  • Kim, Eun-Jung;Kim, Jong-Weon
    • Journal of Korea Society of Industrial Information Systems
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    • v.15 no.1
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    • pp.59-72
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    • 2010
  • Competition among enterprises has been more intensified as one among supply chains in the rapidly changing environment. This study investigated the influence of the supply chain integration factors, such as integration of functions inside an enterprise, integration of suppliers, and integration of customers, on the internal and external visibility, and non-financial and financial performances of enterprises. To test these relationships, the survey was conducted on suppliers, manufacturers, and distributors in Korea which have been implementing SCM. Eighty-one questionnaires were collected and used for this study. The study results using the covariance structure analysis are showed as follows. First, the integration of suppliers had a significant influence on both the internal and the external visibility of enterprises, while the integration of functions inside an enterprise had a significant impact on only the internal visibility of enterprises, and the integration of customers on only the external visibility. Second, the internal and external visibility of enterprises had significant impacts on non-financial performance of enterprises. However, the internal and external visibility of enterprises didn't give any direct or indirect influence on the financial performance of enterprises. Third, the non-financial performance of enterprises had a significant impact on financial performance of enterprises.

Impact of Living Retail Business by Type on Apartment Prices according to COVID-19: Focusing on Global and Local Time Series Effects (코로나19에 따른 유형별 소매유통시설의 아파트 가격 영향: 전역적·국지적 시계열 효과를 중심으로)

  • Myung Jin Kim;Wonseok Seo
    • Land and Housing Review
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    • v.14 no.3
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    • pp.37-53
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    • 2023
  • This study conducted an empirical analysis of how different types of living retail businesses affected housing prices during the COVID-19 pandemic, with a particular focus on both global and local time series effects. The main findings are three folds: First, from a global perspective, the study discovered that the presence of living retail businesses had a significant impact on prices of nearby apartment, varying according to their type. Secondly, the impact of COVID-19 on the retail industry varied depending on the type of business. Thirdly, when viewed from a local standpoint, the impact of the retail business sector on apartment prices due to COVID-19 pandemic was substantial, varying across regions and business types. This implies that external shocks like COVID-19 have the potential to alter the role and perception of living retail businesses. In light of this, the study has put forth policy implications aimed at mitigating the adverse effects of living retail businesses and enhancing residential quality.

Exploring the Reliability of an Assessment based on Automatic Item Generation Using the Multivariate Generalizability Theory (다변량일반화가능도 이론을 적용한 자동문항생성 기반 평가에서의 신뢰도 탐색)

  • Jinmin Chung;Sungyeun Kim
    • Journal of Science Education
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    • v.47 no.2
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    • pp.211-224
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    • 2023
  • The purpose of this study is to suggest how to investigate the reliability of the assessment, which consists of items generated by automatic item generation using empirical example data. To achieve this, we analyzed the illustrative assessment data by applying the multivariate generalizability theory, which can reflect the design of responding to different items for each student and multiple error sources in the assessment score. The result of the G-study showed that, in most designs, the student effect corresponding to the true score of the classical test theory was relatively large after residual effects. In addition, in the design where the content domain was fixed, the ranking of students did not change depending on the item types or items. Similarly, in the design where the item format was fixed, the difficulty showed little variation depending on the content domains. The result of the D-study indicated that the original assessment data achieved a sufficient level of reliability. It was also found that higher reliability than the original assessment data could be obtained by reducing the number of items in the content domains of operation, geometry, and probability and statistics, or by assigning higher weights to the domains of letters and formulas, and function. The efficient measurement conditions presented in this study are limited to the illustrative assessment data. However, the method applied in this study can be utilized to determine the reliability and to find efficient measurement conditions for the various assessment situations using automatic item generation based on measurement traits.

A Study of The Vitalizing Effects of Smartphone Film Production on International Exchange : Focusing on Smartphone Film Workshop of Korean-Vietnamese (스마트폰 영화제작을 통한 국제 교류 활성화 연구 : 한국-베트남 영화제 스마트폰 영화 워크숍을 중심으로)

  • Sung, Si-Hup
    • Journal of Korea Entertainment Industry Association
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    • v.13 no.2
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    • pp.1-12
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    • 2019
  • Based on the capabilities of smartphone cameras which have developed rapidly in recent decades, coupled with and the global market penetration rate, it will study the possibility of various international exchanges through smartphone filmmaking. This aims to achieve a civilian-oriented cultural exchange, instead of simply providing capital-oriented exchanges and film production education. The Smartphone Film Workshop was held as an auxiliary event of the Korea-Vietnam Film Festival, which ran from November 17 to 22, 2017. The three-day workshop, which took place within the festival period, drew attention for its international collaboration project between Korean film directors and Vietnamese film students. The researcher conducted practical-based research while participating as a mentor at this workshop. A step-by-step approach to the entire process of production and post-production was administered, including workshop team composition, scenario, and pre-production in Korea such as shooting equipment, schedule, completion of local works, and screening. Through an analysis of exchange cases at international workshops, we will use trial and error as ways to improve and consider the results of cultural exchanges and the effects of future expectations. Taking this empirical case study into account, we anticipate more active international exchanges through the smartphone workshops.