• Title/Summary/Keyword: transparency effect

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The Effects of Shareholders' Rights, Disclosures, and Transparency on Firm Value

  • SUMATRIANI, Sumatriani;PAGULUNG, Gagaring;SAID, Darwis;PONTOH, Grace T.;JAMALUDDIN, Jamaluddin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.383-390
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    • 2021
  • This study investigates the effect of shareholders' rights, disclosure, and transparency on firm value. This study also investigates whether corporate social responsibility (CSR) is pure moderation or quasi moderation in the effect of shareholders' rights, disclosure, and transparency on firm value. This study's novelty is building a model framework to increase firm value and the role of CSR in increasing firm value. This study used secondary data provided by Indonesia, Malaysia, and Thailand Stock Exchanges. The sample of this study is 142 companies with four years of observations from 2012-2015. Firm value is measured by Tobin's Q. While shareholder's rights, disclosure, and transparency are measured using the ASEAN scorecard. The analysis method used in this study is a fixed effect model using a panel data approach. The result of this study shows that shareholders' rights have a significant positive effect on firm value. However, disclosure and transparency do not affect firm value significantly. In comparison, the CSR disclosure has a moderation effect on the relationship between shareholders' rights and firm value. The CSR disclosure does not have a moderation effect on the relationship between disclosure and transparency and firm value.

A Study on the Design Effect to 'Transparency' in Architectural Space (건축공간에서 '투명성'의 디자인 효과에 관한 연구)

  • 윤도근;김소희
    • Korean Institute of Interior Design Journal
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    • no.25
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    • pp.155-161
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    • 2000
  • 'Transparency', which has been an important topic of architectural discourse in the recent past, is playing an even greater role in architectural expression nowadays. The purpose of this study is to define the prevailing conceptions about transparency and to discover the various modes of this design effect in architectural space. By using partial or complete of transparency in a structure, designers are able to express themselves more profoundly. The perception between exterior and interior, transformation of day into night and conditions arising from spatial overlapping create an atmosphere which deepens the quickly of architectural design. Transparency can present as void what in reality is solid. Following the period of de-construction, transparency has asserts itself in late part of the century and transparency can be considered synonymous with modernistic and refers to structure that are optically luminant or pleasant in its simplicity. Along with advancement of climate control, construction and design technologies and new material with versatility should combine to even further the diversity of transparency in architectural expression.

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Effect of Corporate Transparency on Trust and Purchase Intention

  • Lee, Eun-Jung;Nam, Ji-hyung
    • International Journal of Advanced Culture Technology
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    • v.9 no.1
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    • pp.40-51
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    • 2021
  • There is a growing interest in ethical consumption, and consumers are demanding high levels of CSR for their companies. Transparent provision of corporate information among various areas of CSR is also an important topic in the recent consumption situation. In the global fashion industry, it is also a type of radical corporate transparency and ethical management, led by several advanced startups such as Everlane. As a result, the production process is being disclosed. This study empirically analyzes the influence of this fashion product process transparency on the consumer evaluation of the company. According to a survey of 200 Korean respondents, the transparency of the presented fashion firms had a positive effect on corporate trust and purchase intention. It was confirmed that it has. On the other hand, consumer involvement, which has been discussed as an important personal attribute in the associated consumption environment, has no significant moderating effect. In other words, consumers' subjective corporate ethics involvement did not have a significant influence on their corporate transparency evaluation.

Managing Service Recovery via Social Media: The Impact of Transparency and Service Recovery Type in the Distribution of Feedback

  • Jie CAI;Yoonseo PARK
    • Journal of Distribution Science
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    • v.22 no.1
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    • pp.79-94
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    • 2024
  • Purpose: The popularity of social media has altered how customers interact with businesses, and an increasing number of customers prefer to voice their complaints on social media. Bystanders can observe the customer complaint process on social media, but the impact of transparency on bystanders remains uncertain. Therefore, this study established and verified a model for defining the effect of transparency and service recovery types on bystanders. Research Design and Methodology: In this study, we used the internet survey platform "So Jump" to collect data. And we validated three studies with SPSS 26.0 and Smart PLS 4.0. Result: First, we showed that the transparency process (vs. result) is more likely to increase customer forgiveness and E-loyalty and reduce E-NWOM intention among bystanders. Second, customer forgiveness also plays a complementary mediating role between transparency and E-loyalty, as well as between transparency and E-NWOM intention. Finally, we found a modest interaction effect between transparency (process vs. result) and service recovery types (psychological vs. tangible vs. hybrid) on bystanders' customer forgiveness and E-loyalty. Conclusions: This study provides actionable recommendations for how service managers can effectively employ social media as a means for distributing feedback information to manage service recovery in the future.

Effect of Particle Size Distribution of Glass Frit on the Transparency of Transparent Dielectric Layer for Plasma Display Panel

  • Park, Ji-Su;Han, Sun-Mi;Hwang, Jong-Hee;Lim, Tae-Young;Kim, Kwang-Jin;Masaki, Takaki
    • 한국정보디스플레이학회:학술대회논문집
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    • 2004.08a
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    • pp.555-557
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    • 2004
  • We report the effect of the particle size (D50) and PSD (Particle Size Distribution) of glass frit on the transparency of transparent dielectric layer of PDP. The milling efficiency of wet milling with water was the best among the dry milling, wet milling with IPA and wet milling with water. The transparency increased with the reduction of particle size of glass frit as the milling time increased. Also the transparency changed by the PSD of glass frit. Glass frits of broad PSD showed high transparency compared with the glass frits of sharp PSD.

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The Effect of Wet Milling on Transparency of Transparent Dielectric in PDP

  • Han, Sun-Mi;Park, Ji-Su;Hwang, Jong-Hee;Lim, Tae-Young;Kim, Kwang-Jin;Masaki, Takaki
    • 한국정보디스플레이학회:학술대회논문집
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    • 2004.08a
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    • pp.558-560
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    • 2004
  • We report the effect of wet ball milling conditions on the transparency of glass frit. Generally, the particle size of glass frit decreased as the milling time increased. And the transparency of glass frit changed with the particle size variation. The transparency of glass frit A increased as the milling time increased. But, the transparency of glass frit B, containing high $B_2O_3$ decreased as the particle size decreased. It seems to be the result of chemical reaction with water and glass frit.

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A Study of the Spatial Effect Transparency Expressed in Clothing (복식에 표현된 투명성의 공간적 효과에 관한 연구)

  • 정연자
    • Journal of the Korea Fashion and Costume Design Association
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    • v.4 no.3
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    • pp.27-32
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    • 2002
  • This study attempted to make a comparative analysis of dress and architecture to investigate the spatial effect of transparency expressed in fashion. As a result, the following findings were obtained: First, the openness of the space. It means that the human body or the dress inside it can be seen through or the inside space is opened. The volume, form and color of the undergarment seen through this transparent outer garment brings about any change to design. Also, it can be found that the role of the space is further extended as the inside space is seen through outwardly due to the outer garment. Second, interpenetration of the internal and external space. That the human body and the undergarment are seen through due to transparent dress brings about the linkage between spaces and opens the inside outwardly. Third, the briskness of the space. The trait of transparency that exposes the object behind outwardly as it is causes its form and space to be activated and conveys its spatial briskness.

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The Canopy Transparency Coating Study of Cockpit Temperature Effect Verification (조종실 온도 영향성 검증을 위한 캐노피 투명체 코팅 연구)

  • Nam, Yongseog;Kim, Taehwan;Kim, Yunhi;Woo, Seongjo;Kim, Myungho
    • Journal of Aerospace System Engineering
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    • v.2 no.2
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    • pp.42-45
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    • 2008
  • Under the non-operating exposure condition in the hot area, the T-50 cockpit temperature is expected over the requirement according to T-50 environmental criteria. So it is necessary to protect the cockpit from the high temperature condition during the non-operating exposure because the high temperature of the cockpit may result in the cockpit equipment malfunction. In this study, the transparency coating is selected as the method for protecting the cockpit from the high temperature exposure and analyzed the effect on the cockpit heat load attenuation. Some kinds of cockpit coating were reviewed and selected and the analysis was performed about the effect before and after coating application under 1% hot day condition based on the T-50 FSD hot soaking test data. The result of analysis show transparency coating is so effective to attenuate the heat load of T-50 cockpit.

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An Escalation Model of Muzakki's Trust and Loyalty towards Payment of Zakat at BAZNAS Indonesia

  • ROZIQ, Ahmad;SULISTIYO, Agung Budi;SHULTHONI, Moch.;ANUGERAH, Eza Gusti
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.551-559
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    • 2021
  • This study aims to analyze the effect of (a) sharia governance on transparency, muzakki's trust, and muzakki's loyalty in paying zakat to zakat management organizations, (b) trust and accountability on muzakki loyalty in paying zakat to zakat management organizations, (c) transparency, loyalty and accountability on the amount of zakat payments to zakat management organizations This is explanatory research with data analysis techniques using the smartPLS method. The sample is 117 people who had paid zakat to BAZNAS, Indonesia. The results showed that the sharia governance variable had a significant effect on the accountability, transparency, and muzakki trust variables. The accountability variable has a significant effect on the muzakki loyalty variable and not on the zakat payment variable. The transparency variable has a significant effect on the muzakki loyalty variable and not on the zakat payment variable. The muzakki trust variable has a significant effect on the muzakki loyalty variable, and the loyalty variable has a significant effect on the zakat payment variable. This new model can explain the variables that affect the increase in trust and loyalty in increasing the amount of zakat payments. Muzakki's trust and loyalty improvement model against zakat payment in BAZNAS Indonesia, explains how BAZNAS organizers can increase zakat revenue, loyalty, trust, and good sharia governance.