• Title/Summary/Keyword: enterprise information system

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IPO of SMEs and Information Asymmetry (중소기업의 신규상장과 정보비대칭)

  • Kim, Joo-Hwan;Park, Jin-Woo
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.173-188
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    • 2020
  • Purpose - This study examines the determinants of offer price and short-term and long-term performance of small and medium-sized enterprise(SME) IPO stocks listed on the KOSDAQ during the period from July 2007 to December 2016. Design/methodology/approach - The SME IPO samples are classified into three categories of regular listing, technology-based special listing, and listing by merger with special purpose acquisition company(SPAC), whose results are compared each other and compared to the result for the KOSDAQ listing of large firms. Findings - From the point of SME management which attempts to list its company on the KOSDAQ, the listing by merger with SPAC is the most unfavorable, and the underpricing phenomenon of the technology-based special listing is severe in the second place. By contrast, IPO stock investors can earn the largest abnormal return by purchasing the SPAC which succeeds the merger with unlisted firm, and the next abnormal returns are obtained in the order of the IPO stocks of technology-based special listing, regular listing of SMEs, and regular listing of large firms. However, it is interesting to observe that the net buying ratio of individual investors is relatively large for the IPO stocks of regular listing of SMEs and large firms, which exhibit the long-term under-performance. Research implications or Originality - This result implies that the exceptional listing system such as the technology-based special listing or the listing by merger with SPAC cost the SMEs which bypass the complicated procedure of the regular listing.

Analysis of Sustainability Report Content Using GRI: Public and Private Enterprise Perspective (GRI를 이용한 지속가능보고서 구성 분석: 공,사 기업 관점으로)

  • Yun, Ji Hye;Lee, Jong Hwa
    • Knowledge Management Research
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    • v.23 no.3
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    • pp.153-171
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    • 2022
  • With the global ESG management craze, domestic and foreign companies voluntarily declare sustainable management and actively respond by establishing strategies. The Financial Services Commission mandates the disclosure of sustainability reports representing ESG management sequentially and will expand to SMEs in the future. Information disclosure of sustainability reports is mainly done through international standards such as GRI, SASB, and TCFD, and many domestic companies use GRI Standards guidelines. This study examines the composition system of sustainability reports and compares public and private companies with GRI Standards to analyze sustainable management by type. This study revealed that public enterprises focused on social and labor, while private enterprises focused on the economy and environment through TF-IDF modeling. In addition, the electronic and information communication industries focused on product responsibility. Unlike previous studies that quantified and analyzed sustainability management according to grade, the current study analyzed sustainability reports, which are unstructured data. Therefore, the results of this study are expected to provide valuable theoretical and practical implications for researchers and supervisors interested in ESG management.

A Study analysis and solutions to the problems related to use of IP phones in ALL IP environment and IMS server products (All IP 환경에서 상용화 IP Phones 과 IMS 서버 제품 군에 대한 문제점 분석 및 해결 방안연구)

  • Chung, In-Kwon
    • Proceedings of the Korea Information Processing Society Conference
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    • 2010.04a
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    • pp.581-584
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    • 2010
  • Based on superspeed nation-wide communication infrastructure, high speed and high quality ALL IP communication network is created. It is a point in time where such infrastructure allows residential and commercial phones to be ported from PSTN to IP network. The problem experienced on IP phones in ALL IP environment and IMS server products are not easily approachable and dealt with. Therefore, this paper discusses approaches used in analyzing and resolving problems before they actually occur. This paper first discusses briefly the IP phones used in IMS network and their related problems. Then next topic deals with characteristics of these problems and current status. Last but not least, the causes of the problems are analyzed and solutions to these problems are introduced. Also discussed are solutions to possible future issues followed by conclusion.

Exploring the Analysis of Domestic ERP Process using Process Mining: A Case Study in a Korean Cosmetics Manufacturing Company (프로세스 마이닝을 활용한 국내 중소기업 ERP 프로세스 분석에 관한 연구: 국내 화장품 제조기업의 사례를 중심으로)

  • Jin Woo Jung;Yeong Shin Lee;Bo Kyoung Lee;Jung Yeon Kim;Young Sik Kang
    • Information Systems Review
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    • v.20 no.1
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    • pp.81-98
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    • 2018
  • ERP supports the automation and integration of business processes of enterprises and records voluminous data about the business activities of enterprises. The academe and business enterprises are focusing on process mining, which improves the performance of business processes and strengthens compliance. However, these studies focused on analysis of the business process of large companies, which adopts foreign ERP, such as SAP ERP or Oracle ERP. In comparison with foreign ERP, domestic ERP lags behind in terms of logging and managing of event data. Therefore, the application of process mining to domestic ERP is a challenging task. The present study aims to analyze domestic ERP based on process mining to overcome this challenge. This study discusses the lessons learned from a case study in a Korean cosmetics manufacturing company. Our results are expected to strengthen the competitiveness of Korean small and medium-sized enterprises that adopt domestic ERP and realize the outcomes of the large investment of the Korean government on the ERP implementation of enterprises.

Livestock Production under Coconut Plantations in Sri Lanka: Cattle and Buffalo Production Systems

  • Ibrahim, M.N.M.;Jayatileka, T.N.
    • Asian-Australasian Journal of Animal Sciences
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    • v.13 no.1
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    • pp.60-67
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    • 2000
  • A survey involving 71 cattle and buffalo farming households under coconut plantations was carried out in three districts (Pannala, Bingiriya and Kuliyapitiya) with the aim of assessing the status of livestock farming. Also, 24 households (eight from each district) were visited monthly for period of one year to collect information on feeding practices. Apart from milk, animals were reared for selling, draught, bio-gas and for manure. Due to difference in system of management of cattle and buffaloes, manure from buffaloes (46%) was more frequently used for coconuts than that from cattle (10%). Majority of cattle were improved breeds (temperate origin) or their crosses, as compared to buffaloes (mainly indigenous). The most predominant management system was tethered grazing during the day, and stall feeding during the night. Coconut land (own or others) and paddy fields were the major grazing areas for the animals. The grass from coconut land was lower in crude protein (8.2%) and digestibility (48%) compared to those from paddy fields (12.1 and 57%, respectively). Of the 288 rations analysed, grass was included in 280 of the daily rations for cattle as compared to 251 for buffaloes. Straw was more commonly included in mixed rations for buffaloes (137 out of 288) than for cattle (53 out of 288). The frequency of use of straw for buffaloes was high in Pannala (75 out of 137 cases). There was wide variation among the improved breeds of cattle and buffaloes in milk production (2 to 9 litres/day), lactation length (6 to 10 months) and calving interval (13-21 months).

Study on the Cost Savings and Maximize Marketing Effect to Efficiency of Enterprise Messaging Service (마케팅 효과 극대화 및 비용절감 효과성에 대한 기업용 메시징서비스 효율화 연구)

  • Jang, Mun-ik;Jeong, Jae-hun;Choi, Myeong-gil
    • Journal of Digital Convergence
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    • v.14 no.10
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    • pp.311-317
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    • 2016
  • In a smart commerce market, customers are seeking customized shopping services optimized for personal tastes and customized shopping experiences based on customers' tastes. Accordingly, individually customized services are needed more than anytime now. According to this demand, companies provide messaging services to the consumer, but do not include a personalized service for each individual. The purpose of this study is to combine the techniques of personalized services with messaging services and presents system construction plan and integrated model system for corporate messaging services and thereby possible are maximizing marketing effects and analyzing effects of cost savings. Applying the operation of the integrated model is proposed and message transmission scheme through effective personalization can be applied to personalized model using the personalized information according to customers' requirements. The integrated model of personalization on this study is expected to be highly effective when combined with the search service.

The Gender Sensitive Analysis of Occupational Injuries and Illnesses of Employees (임금근로자의 산업재해에 대한 성인지적 분석)

  • Rhee, K.Y.;Kim, Young Sun;Kim, K.S.;Park, J.S.;Seo, D.U.;Kim, H.M.
    • Journal of the Korean Society of Safety
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    • v.29 no.6
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    • pp.158-165
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    • 2014
  • The statistics of occupational injuries and illnesses is one of the most important indicators of worker's safety and health in the field of occupational safety and health. The conventional statistics was produced without consideration of gender difference. This study was planned to investigate the difference of occupational injuries and illnesses by gender because that recently female workers was increased through the change of industrial structure such as from manufacturing dominated to service dominated structure. Statistics of occupational injuries and illnesses collected by workmen's compensation insurance system that have no information about gender composition of population. Economically active population survey was used to calculated the rate of occupational injuries and illnesses by gender. The distribution of estimated rate of occupational injuries and illnesses by industry, occupation and the type of accident were different between male and female employees, but those by the size of enterprise, age of the injured, the duration of the first recuperation, and job tenure were similar between male and female employees. This study has shown that gender sensitive approach may be applied to policy of occupational safety and health because that gender neutral perspective may not discover the fact of gender specific problems.

An Analysis of Utilization on Virtualized Computing Resource for Hadoop and HBase based Big Data Processing Applications (Hadoop과 HBase 기반의 빅 데이터 처리 응용을 위한 가상 컴퓨팅 자원 이용률 분석)

  • Cho, Nayun;Ku, Mino;Kim, Baul;Xuhua, Rui;Min, Dugki
    • Journal of Information Technology and Architecture
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    • v.11 no.4
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    • pp.449-462
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    • 2014
  • In big data era, there are a number of considerable parts in processing systems for capturing, storing, and analyzing stored or streaming data. Unlike traditional data handling systems, a big data processing system needs to concern the characteristics (format, velocity, and volume) of being handled data in the system. In this situation, virtualized computing platform is an emerging platform for handling big data effectively, since virtualization technology enables to manage computing resources dynamically and elastically with minimum efforts. In this paper, we analyze resource utilization of virtualized computing resources to discover suitable deployment models in Apache Hadoop and HBase-based big data processing environment. Consequently, Task Tracker service shows high CPU utilization and high Disk I/O overhead during MapReduce phases. Moreover, HRegion service indicates high network resource consumption for transfer the traffic data from DataNode to Task Tracker. DataNode shows high memory resource utilization and Disk I/O overhead for reading stored data.

Organic Swine Production and Marketing in the Central United States -Present Situation and Farm Level Decision Factors-

  • Boessen, Christian R.
    • Proceedings of the Korean Society of Organic Agriculture Conference
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    • 2001.10a
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    • pp.192-206
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    • 2001
  • A major challenge in the transition from conventional to organic production in a grain intensive region such as the Com Belt legion of the U.S.A. is how to profitably select and manage a crop relation. The opportunity cast of forgoing grain production for forage and green manure crops is significant. Many organic researchers and writers emphasize the need to bring an animal enterprise into the farming system for diversification and enhanced labor utilization. Livestock also add value to grain and forage crops to offset decreased grain production and can recapture nutrients used in crop production that can be recycled through manure. In grain intensive regions, organic farmers should consider swine production as a natural fit for the farming system. Swine are very efficient and adaptable animals that can add value to both grain and forage crops. While somewhat lacking, there is a reasonable body of literature on organic and sustainable swine production. However, there is relatively little specific information available to organic farmers to assist in the initial decision to enter organic swine production and to evaluate marketing alternatives. The primary focus of this paper is to give some background on organic animal production(emphasis on swine) in the Central United States and outline production and marketing decisions and considerations, relative to market trends, demographics and standards(U.S.). At the farm level, decisions must be made regarding resources, such as land, labor, financial and social capital, all relative to opportunities, all in the context of the standards and market forces beyond the farm. At the personal level the farmer must also make decisions about convictions regarding organic or environmentally friendly agriculture, willingness to change, impacts on lifestyle and family, and the transition to organic methods within the planning horizon of the farmer and the family business.

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Web 2.0 and Firms' Business Model Application (웹2.0과 기업의 비즈니스 모델 활용방안)

  • Cho, Dong-Hwan
    • The Journal of the Korea Contents Association
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    • v.8 no.4
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    • pp.108-116
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    • 2008
  • Recently the advent of web 2.0 era is an important trend in the business environmental change. Web 2.0 era means users' active participation, share, and openness, develop 'Internet penetration into everyday life,' and change many aspects of our society. web 2.0 has been making these following changes in the socioeconomic aspects: 1) acceleration of system shift to a small quantity of multi-species production system 2) growing influence of on-line channel/information to consumers 3) various minorities' power increase in the socioeconomic sector. web 2.0 has been making these following changes in the enterprise management: 1) the pursuit of open innovation from outside 2) active employment of viral marketing through Internet 3) the pursuit of present business transformation 4) strengthening of customer communication through open dialogue. Firms must squarely look at socioeconomic changes owing to web 2.0, and utilize them as business opportunities.