• Title/Summary/Keyword: process maturity

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Factors Affecting Debt Maturity Structure: Evidence from Listed Enterprises in Vietnam

  • PHAN, Duong Thuy
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.141-148
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    • 2020
  • This paper analyzes factors affecting the debt maturity structure of enterprises listed on the Vietnam stock market. The panel data of research sample includes 549 non-financial listed enterprises on the Vietnam stock market from 2009 to 2019. The Generalized Least Square (GLS) tool is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, debt maturity structure is the dependent variable. Capital structures, fixed assets, liquidity, firm size, asset maturity, profitability, corporate income tax, gross domestic product, inflation rate, credit growth scale are independent variables in the study. The model results show, that among the factors affecting the structure of debt maturity, the capital structure, asset structure, and firm size have the highest estimation coefficients, which shows that capital structure, asset structure, and firm size plays an important role in the decision-making process of debt maturity structure. The empirical results show that there are differences in the impact of these factors on the debt maturity structures in state-owned enterprises and non-state enterprises listed on the Vietnam stock market. The findings of this article are useful for business administrators, helping business managers make the right financial decisions to determine the target debt maturity structure in enterprises.

Mechanical Test Methods for Compost Maturity

  • Kwon, Soon-Ik;Kim, Min-Kyeong;Jung, Goo-Bok;Park, Woo-Kyun;Hong, Seung-Gil;Kim, Kwon-Rae
    • Korean Journal of Soil Science and Fertilizer
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    • v.44 no.5
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    • pp.959-961
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    • 2011
  • Manure-based composts can have detrimental effects on the agricultural lands and crops if they are applied without proper stabilization process. Composting is well-known method for the stabilization of manure-based composts and the extent of composting could be examined by maturity test. Among various methods to examine compost maturity, the performances of two mechanical methods (Solvita and CoMMe-100) were examined and the test results were compared with seed germination test. The mechanical methods are considered to be simple and relatively objective. Also they are cost- and time-efficient. Ten commercially available composts collected in Korea were used for this study. Basically, the maturity determined with these mechanical methods was in good agreement with the seed germination test. However, it appeared that the index levels of compost maturity indicated more maturity by CoMMe-100 than Solvita for the same compost. The differences between maturity index levels determined by both methods were able to be minimized through extending the reaction time for CoMMe-100 and adjusting index level for maturity determination in the standard color chart.

The Impact of Service Level Management(SLM) Process Maturity on Information Systems Success in Total Outsourcing: An Analytical Case Study (토털 아웃소싱 환경 하에서 IT서비스 수준관리(Service Level Management) 프로세스 성숙도가 정보시스템 성공에 미치는 영향에 관한 분석적 사례연구)

  • Cho, Geun Su;An, Joon Mo;Min, Hyoung Jin
    • Asia pacific journal of information systems
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    • v.23 no.2
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    • pp.21-39
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    • 2013
  • As the utilization of information technology and the turbulence of technological change increase in organizations, the adoption of IT outsourcing also grows to manage IT resource more effectively and efficiently. In this new way of IT management technique, service level management(SLM) process becomes critical to derive success from the outsourcing in the view of end users in organization. Even though much of the research on service level management or agreement have been done during last decades, the performance of the service level management process have not been evaluated in terms of final objectives of the management efforts or success from the view of end-users. This study explores the relationship between SLM maturity and IT outsourcing success from the users' point of view by a analytical case study in four client organizations under an IT outsourcing vendor, which is a member company of a major Korean conglomerate. For setting up a model for the analysis, previous researches on service level management process maturity and information systems success are reviewed. In particular, information systems success from users' point of view are reviewed based the DeLone and McLean's study, which is argued and accepted as a comprehensively tested model of information systems success currently. The model proposed in this study argues that SLM process maturity influences information systems success, which is evaluated in terms of information quality, systems quality, service quality, and net effect proposed by DeLone and McLean. SLM process maturity can be measured in planning process, implementation process and operation and evaluation process. Instruments for measuring the factors in the proposed constructs of information systems success and SL management process maturity were collected from previous researches and evaluated for securing reliability and validity, utilizing appropriate statistical methods and pilot tests before exploring the case study. Four cases from four different companies under one vendor company were utilized for the analysis. All of the cases had been contracted in SLA(Service Level Agreement) and had implemented ITIL(IT Infrastructure Library), Six Sigma and BSC(Balanced Scored Card) methods since last several years, which means that all the client organizations pursued concerted efforts to acquire quality services from IT outsourcing from the organization and users' point of view. For comparing the differences among the four organizations in IT out-sourcing sucess, T-test and non-parametric analysis have been applied on the data set collected from the organization using survey instruments. The process maturities of planning and implementation phases of SLM are found not to influence on any dimensions of information systems success from users' point of view. It was found that the SLM maturity in the phase of operations and evaluation could influence systems quality only from users' view. This result seems to be quite against the arguments in IT outsourcing practices in the fields, which emphasize usually the importance of planning and implementation processes upfront in IT outsourcing projects. According to after-the-fact observation by an expert in an organization participating in the study, their needs and motivations for outsourcing contracts had been quite familiar already to the vendors as long-term partners under a same conglomerate, so that the maturity in the phases of planning and implementation seems not to be differentiating factors for the success of IT outsourcing. This study will be the foundation for the future research in the area of IT outsourcing management and success, in particular in the service level management. And also, it could guide managers in practice in IT outsourcing management to focus on service level management process in operation and evaluation stage especially for long-term outsourcing contracts under very unique context like Korean IT outsourcing projects. This study has some limitations in generalization because the sample size is small and the context itself is confined in an unique environment. For future exploration, survey based research could be designed and implemented.

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On a Maturity Model for the Institutionalization of Integrated SE&PM Process at Organization Level (시스템공학 및 프로젝트관리 통합프로세스의 조직 내재화를 위한 성숙도 모델에 관한 연구)

  • Choi, Young-Gil;Lee, Jae-Chon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.1
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    • pp.725-732
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    • 2016
  • To develop large-scale complex systems, many organizations have attempted to improve the processes specified in systems engineering (SE) and project management (PM) by adopting CMMI (Capability Maturity Model Integration). On the other hand, most domestic organizations that already acquired CMMI level 3 have focused on SE&PM practices while providing less investment in building up the environment for institutionalizing those processes. In such organizations, the process maturity without advancing to institutionalization can be neither enhanced nor maintained. To resolve the problem, the following remedies can be suggested. A standard process should first be defined to meet the business mission of the organization and to carry out the process successfully, the people should be properly trained and the appropriate tools be provided. In this study, a maturity model to accomplish institutionalization was examined based on the aforementioned P-P-T (Process-People-Tool) concept. The model proposed would be useful in developing strategies and plans for process institutionalization when the organizations are in the preparation stages for a CMMI certificate or have already acquired one.

The study of development for military device adopts diverse process (다양한 프로세스를 적용한 군장비 개발에 관한 연구)

  • Lee, Sang-Myung;Kim, Young-Kil
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.17 no.10
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    • pp.2473-2478
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    • 2013
  • The recently developed military system adopts System Engineering for quality insurance. The process of military system's development basically adopts specification(MIL-STD-499) and system engineering(ISO/IEC 15288) that was developed by America. Recently the level of company's capability maturity is granted by measurement and assessment for the level of CMM or CMMI that was developed by Carnegie Mellon University. This article introduces adopted range of process that developed military system adopted additional process of CMMI. This article writes a merit of process for military system's output that is developing device adopted diverse process.

Activity Capability Level-based Maturity Evaluation Model for Public Data Quality Management (활동능력수준 기반의 공공데이터 품질관리 성숙수준 평가 모델)

  • Kim, Sun-Ho;Lee, Jin-Woo;Lee, Chang-Soo
    • Informatization Policy
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    • v.24 no.1
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    • pp.30-47
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    • 2017
  • The Korean government developed an organizational maturity model for public data quality management based on international standards to evaluate the data quality management level of public organizations, However, as the model has too many indicators to apply on the site, a new model with reduced number of indicators is proposed in this paper. First, the number of processes is reduced by integrating and modifying the processes of the previous model. Second, a new maturity evaluation method is proposed based on capability levels focused on the activity, not on the process. Third, the maturity level of public data quality management is represented by five discrete levels or real values of 1 through 5. Finally, characteristics of the proposed model are compared with those of the previous model.

A Study on the Railway S/W Quality Enhancement Procedure on the View of S/W Process (프로세스 관점의 철도소프트웨어 품질향상방안 연구)

  • Joung, Eui-Jin;Shin, Kyung-Ho
    • Proceedings of the IEEK Conference
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    • 2006.06a
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    • pp.1025-1026
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    • 2006
  • The approach, for ensuring the quality and safety of a railway software can be considered with two points of views seeing from products, and from processes. The process point of view is to validate maturity of the organizations in accordance to the judging processes of organizations, which are specified by CMMI(Capability Maturity Model Integration) or SPICE(Software Process Improvement and Capability dEtermination : ISO/IEC15504). In this paper, we are trying to find approaches to estimate the maturity of manufacturer and assessment organization in the railway system.

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The development of Military Device adopt diverse System Engineering (다양한 시스템공학을 적용한 군장비 개발)

  • Lee, Sang-myung;Kim, Young-kil
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2012.10a
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    • pp.210-213
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    • 2012
  • The recently developed military system adopts System Engineering for quality insurance. The process of military system's development basically adopts specification(MIL-STD-499) and system engineering(ISO/IEC 15288) that was developed by America. Recently the level of company's capability maturity is granted by measurement and assessment for the level of CMM or CMMI that was developed by Carnegie Mellon University. This article introduces adopted range of process that developed military system adopted additional process of CMM. This article writes range of process for military system that is developing device adopted diverse process in the future.

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Guidelines on process improvement and certificate program based on CMMI Model (철도차량 CMMI 모델기반 프로세스 개선 및 인증을 위한 지침)

  • Cho, Chi-Hwan;Cho, Moon-Soo
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.2021-2034
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    • 2008
  • This paper shows the result of study on the process improvement/innovation based on CMMI(Capability Maturity Model Integration) for Development V1.2 staged representation in the view of engineering area of software, hardware and system. This paper intend to help rolling stock industry to define & innovate process and finally obtain certificate for achievement of CMMI V1.2 from SEI authorized SCAMPI Lead Appraiser through the introduction experienced by Hyundai Rotem Company(car-builder and supplier of electronic & electrical equipment) such as why CMMI-based process definition & improvement are planned and how each processes of CMMI V1.2 Level 3 have been implementing and how obtaining the certificate of CMMI Maturity Level 3 of CMMI for Development V1.2 staged representation etc. This paper shows the introduction to CMMI V1.2 model, process improvement methodology and CMMI appraisal on the basis of Standard $CMMI^{SM}$ Appraisal Method for Process Improvement($SCAMPI^{SM}$), V1.2. And, this paper shows about what kinds of activities/practices of 18 processes(CMMI Maturity Level 3) is essentially implemented to satisfy their's specific goal and general geal through Hyundai Rotem Company's experiences. This paper shows the advantage and problem by adopting CMMI V1.2 model. Especially, it present the corrective/preventive actions against the identified problem in order to improve processes.

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Studies on the soybean varieties in Korea -1. Classificiatons of Ecotypes and Maturity groups- (대두의 품종에 관한 연구 -제1보 생태형과 성숙군의 분류-)

  • Kwon-Yawl Chang
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.1 no.1
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    • pp.3-25
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    • 1963
  • Experiments were carried out to classify the ecotypes and maturity groups of soybean varieties, and to make clear the relationships among these ecotypes, maturity groups and some characteristics in the growing and ripening process of soybean varieties in Korea. Soybean varieties used as the material were 138, 57 varieties collected from Japan, America and Canada and 81 local varieties of Korea. These varieties were grown in the Experimental Farms, College of Agriculture, Seoul National University, Suwon, Korea and Chinju Agricultural College, Kyungsang Namdo, Korea. Seed sowing was conducted at 8 times from April15 to July 29, at 15 day-intervals, in 1962. The classification methods of ecotypes and maturity groups applied in this study, and the results obtained are summarized as follows; 1. Ecotypes were classified from the standpoint of the periods from emergence to flowering, the shortened ratio of days from sowing to flowering by delayed sowing, and the periods from flowering to maturity(as shown in Table A). 2. All varieties wer classified into 10 ecotypes of Ia$_1$, Ib$_1$, IIa$_2$, IIb$_1$, IIb$_2$, IIIb$_1$IIIb$_2$, IIIc$_1$and IIIc$_2$ symbols. Korean local varieties, however, belong to 6 ecotypes of IIb$_1$, IIb$_2$, IIIb$_1$, IIIc$_2$, IIIc$_1$ and IIIc$_2$, respectively(table 1). 3. Durations from sowing to maturity were from 120 to 190 days in April sowing plots of all varieties. From the standpoint of the durations, maturity groups were classified into 9 groups from group I, extreme early, to group IX, extreme late, but our local varieties belong to 5 maturity groups of III, IV, V, VI and VII symbols, respectively(Table 2). 4. Kinds of ecotypes and maturity groups, and the number of soybean varieties belonging to those are as shown in Table B. 5. In this study, it was observed that there were some close relations between these ecotypes and maturity groups (Table 3,4), and among the ecotypes, maturity groups and some other characteristics in the growing and ripening process of the soybean varieties(Table 5). 6. Furthermore, it was also observed that the kinds of ecotypes and maturity groups of recommended varieties in the southern Korean provinces are more numerous than those of the northern provinces in Korea.

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