Pub Date : 2022-12-31DOI: 10.38115/asgba.2022.19.6.170
Seongsik Kim, D. Jo
The purpose of this study was to examine the relationships among the organizational health, role performance, teacher efficacy, and organizational commitment in early childhood education institutions, and verify the mediating effect of teacher efficacy and organizational commitment in the relationship between organizational health and role performance. Therefore, study hypothesis and a questionnaire were developed, and a questionnaire survey was conducted with early childhood teachers working at early childhood education institutions located in the metropolitan area. A total of 200 copies of data were collected and the collected data were statistically analyzed to verify the hypotheses. As a result of the study, first, the organizational structure, organizational climate, and leadership of organizational health have a positive (+) effect on teacher efficacy. Second, organizational climate and leadership have a positive (+) effect on organizational commitment, but organizational structure does not have a significant effect. Third, teacher efficacy has a positive (+) effect on organizational commitment. Finally, teacher efficacy and organizational commitment have a positive (+) effect on role performance. Therefore, this study is intended to examine the relationship between organizational health and role performance, which are external variables, and figure out what factors affect the role performance of teachers. This study analyzed that along with increases in the necessity of professional role performance in early childhood education, the desirable role performance of early childhood teachers is an important variable that affects the growth and development of young children, and is intended to provides basic data necessary for early childhood education.
{"title":"A Study on the Effect of Organizational Health on Teachers' Role Performance in Early Childhood Education Institutions","authors":"Seongsik Kim, D. Jo","doi":"10.38115/asgba.2022.19.6.170","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.6.170","url":null,"abstract":"The purpose of this study was to examine the relationships among the organizational health, role performance, teacher efficacy, and organizational commitment in early childhood education institutions, and verify the mediating effect of teacher efficacy and organizational commitment in the relationship between organizational health and role performance. \u0000Therefore, study hypothesis and a questionnaire were developed, and a questionnaire survey was conducted with early childhood teachers working at early childhood education institutions located in the metropolitan area. A total of 200 copies of data were collected and the collected data were statistically analyzed to verify the hypotheses. \u0000As a result of the study, first, the organizational structure, organizational climate, and leadership of organizational health have a positive (+) effect on teacher efficacy. Second, organizational climate and leadership have a positive (+) effect on organizational commitment, but organizational structure does not have a significant effect. Third, teacher efficacy has a positive (+) effect on organizational commitment. Finally, teacher efficacy and organizational commitment have a positive (+) effect on role performance. \u0000Therefore, this study is intended to examine the relationship between organizational health and role performance, which are external variables, and figure out what factors affect the role performance of teachers. This study analyzed that along with increases in the necessity of professional role performance in early childhood education, the desirable role performance of early childhood teachers is an important variable that affects the growth and development of young children, and is intended to provides basic data necessary for early childhood education.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114639319","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-31DOI: 10.38115/asgba.2022.19.6.21
Kwangbok Hue, Dong Heun Lee, J. Hong
This study investigates whether the number of due diligence about inventories on the external audit implementation details recorded since 2014 has information effect to restrain earnings management. Earnings management using inventories is based on a measure derived from real earnings management related abnormal inventories change introduced on Roychowdhury(2006) and earnings management using allowance for overvaluation of inventories introduced on Guidry et al.(1999). By using Korean firms listed on KOSPI from 2014 to 2017, this study analyses the effect of due diligence about inventories on earnings management using inventories and verifies the impact of the attendance inspection on the suppression of earnings management using regression analysis. Followings are the findings of this study. First, the number of due diligence about inventories is negatively correlated with real earnings management related abnormal inventories change, a proxy for earnings management using inventories. Second, the effect of restraining earnings management in the number of the attendance inspection shows that it serves as an audit quality when the number is more than three days compared to less than three days. The contribution of this study is as follow. This study finds a significant relationship between due diligence about inventories on the external audit implementation details and audit quality that restrains earnings management using inventories. This study os contributing to the expansion of research on earnings management by presenting empirical evidence of the impact of external auditing disclosure on earnings management as a proxy the quality of accounting information. Moreover, the number of the attendance inspection is effective as a proxy for audit quality, indicating that such detailed disclosure has an institutional effecting on improving audit quality. Therefore, it seems to be meaningful that this study has policy implications by providing a basis for judgment of decision making and policy making related to the disclosure of the external audit implementation details.
{"title":"The Effect of the Number of Due Diligence on Inventories on Restraining Earnings Management","authors":"Kwangbok Hue, Dong Heun Lee, J. Hong","doi":"10.38115/asgba.2022.19.6.21","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.6.21","url":null,"abstract":"This study investigates whether the number of due diligence about inventories on the external audit implementation details recorded since 2014 has information effect to restrain earnings management. Earnings management using inventories is based on a measure derived from real earnings management related abnormal inventories change introduced on Roychowdhury(2006) and earnings management using allowance for overvaluation of inventories introduced on Guidry et al.(1999). By using Korean firms listed on KOSPI from 2014 to 2017, this study analyses the effect of due diligence about inventories on earnings management using inventories and verifies the impact of the attendance inspection on the suppression of earnings management using regression analysis. \u0000Followings are the findings of this study. First, the number of due diligence about inventories is negatively correlated with real earnings management related abnormal inventories change, a proxy for earnings management using inventories. Second, the effect of restraining earnings management in the number of the attendance inspection shows that it serves as an audit quality when the number is more than three days compared to less than three days. \u0000The contribution of this study is as follow. This study finds a significant relationship between due diligence about inventories on the external audit implementation details and audit quality that restrains earnings management using inventories. This study os contributing to the expansion of research on earnings management by presenting empirical evidence of the impact of external auditing disclosure on earnings management as a proxy the quality of accounting information. Moreover, the number of the attendance inspection is effective as a proxy for audit quality, indicating that such detailed disclosure has an institutional effecting on improving audit quality. Therefore, it seems to be meaningful that this study has policy implications by providing a basis for judgment of decision making and policy making related to the disclosure of the external audit implementation details.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134048836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-31DOI: 10.38115/asgba.2022.19.6.147
Hyoeun Kim
This study examines whether capitalized research and development(R&D) expenditure has an effect on the audit effort of external auditors using the audit hours by rank, and whether this effect differs by auditor size. R&D expenditure is reported as an asset if certain criteria are met, otherwise it is reported as an expense. However, there is a possibility of earnings management as discretionary judgment could be involved in the practical application of accounting standards. Accordingly, if capitalized R&D expenditure is high, it is expected that the auditor will consider it as an audit risk and increase the audit effort. Compared to non-Big4 auditors, Big4 auditors will have a clearer response to capitalized R&D expenditure because Big4 auditors have relatively large losses in the event of audit failure and have a large number of manpower. The non-financial listed companies that can be collected from the TS2000 and KISVALUE are analyzed. The period of analysis is from 2014 to 2017, and the data set contains 5,884 firm-years. As a result of empirical analysis, capitalized R&D expenditure is positively associated with total audit hours, partner audit hours, and registered CPA audit hours. And this effect is evident in the sample of Big4 auditors. These results suggest that the auditors judge capitalized R&D expenditure as an audit risk factor and respond to it, and this response is prominent in the Big 4 auditors. This paper has contributions in that it expands the previous research by analyzing the effect of R&D expenditure on auditors' audit hours by rank. In addition, through separate analyzes of the Big4 auditor sample and the non-Big4 auditor sample, the evidence is provided that the effect of R&D expenditure on audit efforts varies depending on the auditor size.
{"title":"The Effects of Capitalized R&D Expenditure on Audit Efforts: Focusing on Audit Hours by Rank and Auditor Size","authors":"Hyoeun Kim","doi":"10.38115/asgba.2022.19.6.147","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.6.147","url":null,"abstract":"This study examines whether capitalized research and development(R&D) expenditure has an effect on the audit effort of external auditors using the audit hours by rank, and whether this effect differs by auditor size. R&D expenditure is reported as an asset if certain criteria are met, otherwise it is reported as an expense. However, there is a possibility of earnings management as discretionary judgment could be involved in the practical application of accounting standards. Accordingly, if capitalized R&D expenditure is high, it is expected that the auditor will consider it as an audit risk and increase the audit effort. Compared to non-Big4 auditors, Big4 auditors will have a clearer response to capitalized R&D expenditure because Big4 auditors have relatively large losses in the event of audit failure and have a large number of manpower. \u0000The non-financial listed companies that can be collected from the TS2000 and KISVALUE are analyzed. The period of analysis is from 2014 to 2017, and the data set contains 5,884 firm-years. \u0000As a result of empirical analysis, capitalized R&D expenditure is positively associated with total audit hours, partner audit hours, and registered CPA audit hours. And this effect is evident in the sample of Big4 auditors. These results suggest that the auditors judge capitalized R&D expenditure as an audit risk factor and respond to it, and this response is prominent in the Big 4 auditors. \u0000This paper has contributions in that it expands the previous research by analyzing the effect of R&D expenditure on auditors' audit hours by rank. In addition, through separate analyzes of the Big4 auditor sample and the non-Big4 auditor sample, the evidence is provided that the effect of R&D expenditure on audit efforts varies depending on the auditor size.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"119 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124090814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.1
H. M. Bang, Dongnyok Shim
In the recent business environment where the digital transformation makes a value across the industries, the fashion industry also witnessed a variety of business cases which leveraged cutting-edge ICT technologies to increase effectiveness of production and maximize customer experience. But, in the real world, vast majority of fashion companies had a trouble achieving successful digital transformation. In this background, this paper aims to identifying factors influencing successful digital transformation in fashion industry using AHP model. Furthermore, this study evaluate relative importance of two different implementation strategy for digital transformation: (1) Effectiveness of R&D and production (2) Maximizing customer experience. The pannel who answered AHP survey consist of experts in fashion industry and IT industry. As a result of empirical analysis, the most important factor influencing successful digital transformation of fashion industry was organizational culture at the 1st hierarchy of AHP model and the interest and support of TMT(Top Management Team) at the 2nd hierarchy of AHP model, respectively. Finally, in the evaluation of the priority of the implementation strategy, the strategy for maximizing customer experience was found to be slightly higher than the strategy for improving production efficiency. This paper contributes to both academia and practice. To the best of our knowledge, this is the first attempt for quantitatively evaluating importance score of variety factors influencing digital transformation in fashion industry.
{"title":"Identifying factors and strategy influencing successful digital transformation in the fashion industry","authors":"H. M. Bang, Dongnyok Shim","doi":"10.38115/asgba.2022.19.5.1","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.1","url":null,"abstract":"In the recent business environment where the digital transformation makes a value across the industries, the fashion industry also witnessed a variety of business cases which leveraged cutting-edge ICT technologies to increase effectiveness of production and maximize customer experience. But, in the real world, vast majority of fashion companies had a trouble achieving successful digital transformation. In this background, this paper aims to identifying factors influencing successful digital transformation in fashion industry using AHP model. Furthermore, this study evaluate relative importance of two different implementation strategy for digital transformation: (1) Effectiveness of R&D and production (2) Maximizing customer experience. The pannel who answered AHP survey consist of experts in fashion industry and IT industry. As a result of empirical analysis, the most important factor influencing successful digital transformation of fashion industry was organizational culture at the 1st hierarchy of AHP model and the interest and support of TMT(Top Management Team) at the 2nd hierarchy of AHP model, respectively. Finally, in the evaluation of the priority of the implementation strategy, the strategy for maximizing customer experience was found to be slightly higher than the strategy for improving production efficiency. This paper contributes to both academia and practice. To the best of our knowledge, this is the first attempt for quantitatively evaluating importance score of variety factors influencing digital transformation in fashion industry.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122247716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.46
H. Lee, T. Kim
In the real world, products in the stock market do not generally follow a normal distribution, but are known to follow a fat-tail distribution with high kurtosis and thick tails of skewness. Therefore, the purpose of this study is to analyze option pricing using a distribution in which random variables follow a stable and independent distribution and well represent the properties of the actual distribution. At this time, for the empirical analysis data, 252 daily KOSPI200 closing price indexes were used from November 15, 2019 to November 20, 2020. Call Options(Put options) were set as OTM(ITM) and ITM (OTM) and analyzed. In the research methodology of this paper, option pricing was performed by the CTS (or CGMY) model assuming a Tempered Stable Distribution that is capable of Furier transformation. In addition, the Black-Scholes model assuming a normal distribution and Fourier transformation, and the Fourier transformation were performed. The option pricing model using the Merton Diffusion Process and Variance-Gamma process was compared and analyzed.
{"title":"Option Pricing by Classical Tempered Stable Lévy Process (or CGMY Model) with Fourier Transformation: Including Merton’s Model and Variance-Gamma Process","authors":"H. Lee, T. Kim","doi":"10.38115/asgba.2022.19.5.46","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.46","url":null,"abstract":"In the real world, products in the stock market do not generally follow a normal distribution, but are known to follow a fat-tail distribution with high kurtosis and thick tails of skewness. Therefore, the purpose of this study is to analyze option pricing using a distribution in which random variables follow a stable and independent distribution and well represent the properties of the actual distribution. At this time, for the empirical analysis data, 252 daily KOSPI200 closing price indexes were used from November 15, 2019 to November 20, 2020. Call Options(Put options) were set as OTM(ITM) and ITM (OTM) and analyzed. \u0000In the research methodology of this paper, option pricing was performed by the CTS (or CGMY) model assuming a Tempered Stable Distribution that is capable of Furier transformation. In addition, the Black-Scholes model assuming a normal distribution and Fourier transformation, and the Fourier transformation were performed. The option pricing model using the Merton Diffusion Process and Variance-Gamma process was compared and analyzed.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133688010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.91
DaeWoon Cha
This study investigated the effects of ownership structure and ESG performance on investment efficiency. The variable of investment efficiency was measured based on the research results of Biddle et al.(2009), and the study period was from 2013 to 2021. The results of the study are as follows. First, as a result of empirical analysis of the effect of ownership structure on investment efficiency, the foreign ownership ratio has a positive effect on investment efficiency, and the ratio of largest shareholders also has a positive effect on investment efficiency. It was found that ownership structure had a positive effect on investment efficiency. Second, as a result of empirical analysis of the effect of ESG performance on investment efficiency, it was confirmed that E performance had a positive effect on investment efficiency, and that 'G' grade also had a positive effect on investment efficiency. However, the 'S' grade did not appear significantly, but when viewed individually, the S grade also appeared to have a positive effect on investment efficiency. Third, as a result of empirical analysis of the effect of the interaction effect of ownership structure and ESG rating on investment efficiency, it was found that the interaction effect between foreign ownership ratio and ‘E’ rating had a positive effect on investment efficiency. Next, it was found that the interaction effect between the largest shareholding ratio and the grade ‘E’ also had a positive effect on investment efficiency. However, it was found that the interaction effect between the major shareholding ratio and the 'S' grade had a negative effect on investment efficiency. The implications of this study are that the interaction effect of ownership structure and ESG performance, which are major variables affecting investment decision-making, was verified, and it is meaningful in that it can provide external information users with a direction in making investment decisions.
本文研究了股权结构和ESG绩效对投资效率的影响。投资效率变量的测度基于Biddle et al.(2009)的研究成果，研究时间为2013 - 2021年。研究结果如下:首先，股权结构对投资效率影响的实证分析结果表明，外资持股比例对投资效率有正向影响，第一大股东比例对投资效率也有正向影响。研究发现，股权结构对投资效率有正向影响。其次，实证分析了ESG绩效对投资效率的影响，证实了E级绩效对投资效率有正向影响，“G”级绩效对投资效率也有正向影响。然而，“S”级并没有出现显著性，但当单独观察时，S级也似乎对投资效率有积极影响。第三，实证分析了股权结构与ESG评级的交互效应对投资效率的影响，发现外资持股比例与“E”级评级的交互效应对投资效率有正向影响。其次，我们发现最大持股比例与“E”级之间的交互效应对投资效率也有正向影响。然而，我们发现主要持股比例与“S”级之间的交互效应对投资效率有负向影响。本研究的意义在于验证了股权结构与ESG绩效这两个影响投资决策的主要变量之间的交互效应，为外部信息使用者的投资决策提供了方向，具有重要意义。
{"title":"The Effect of Ownership Structure and ESG Performance on Investment Efficiency","authors":"DaeWoon Cha","doi":"10.38115/asgba.2022.19.5.91","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.91","url":null,"abstract":"This study investigated the effects of ownership structure and ESG performance on investment efficiency. The variable of investment efficiency was measured based on the research results of Biddle et al.(2009), and the study period was from 2013 to 2021. The results of the study are as follows. \u0000First, as a result of empirical analysis of the effect of ownership structure on investment efficiency, the foreign ownership ratio has a positive effect on investment efficiency, and the ratio of largest shareholders also has a positive effect on investment efficiency. It was found that ownership structure had a positive effect on investment efficiency. \u0000Second, as a result of empirical analysis of the effect of ESG performance on investment efficiency, it was confirmed that E performance had a positive effect on investment efficiency, and that 'G' grade also had a positive effect on investment efficiency. However, the 'S' grade did not appear significantly, but when viewed individually, the S grade also appeared to have a positive effect on investment efficiency. Third, as a result of empirical analysis of the effect of the interaction effect of ownership structure and ESG rating on investment efficiency, it was found that the interaction effect between foreign ownership ratio and ‘E’ rating had a positive effect on investment efficiency. Next, it was found that the interaction effect between the largest shareholding ratio and the grade ‘E’ also had a positive effect on investment efficiency. However, it was found that the interaction effect between the major shareholding ratio and the 'S' grade had a negative effect on investment efficiency. \u0000The implications of this study are that the interaction effect of ownership structure and ESG performance, which are major variables affecting investment decision-making, was verified, and it is meaningful in that it can provide external information users with a direction in making investment decisions.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127567870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.76
Younsik Kno, K. Jeong, Junoh Kweon, Insu Cho, Yonghan Ju
Recently, artificial intelligence algorithms are being applied in various industrial fields. Under these circumstances, the manufacturing industry is also conducting research on artificial intelligence in areas such as classification, prediction, and monitoring. However, it is not easy for SMEs to invest in new areas such as artificial intelligence. Therefore, this study proposes an image-based process management system for the manufacturing system. In this paper, We utilize the object detection algorithms YOLOV5 and autoencoder in the direction of process anomaly detection. First, the object is extracted in real time from the information of the image taken at the mobile device level through the YOLOv5. Next, the extracted image is defined as an input value of the autoencoder, and a main feature is to be extracted. In particular, the performance of object detection was compared through scenario analysis and the amount of data required for learning. It is expected that the abnormality detection methodology presented in this study will contribute to the purpose of establishing a smart factory and improving productivity and yield of domestic manufactured SMEs.
{"title":"Development of Smart Factory Abnormal Detection Method Using Object Detection and AutoEncoder","authors":"Younsik Kno, K. Jeong, Junoh Kweon, Insu Cho, Yonghan Ju","doi":"10.38115/asgba.2022.19.5.76","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.76","url":null,"abstract":"Recently, artificial intelligence algorithms are being applied in various industrial fields. Under these circumstances, the manufacturing industry is also conducting research on artificial intelligence in areas such as classification, prediction, and monitoring. However, it is not easy for SMEs to invest in new areas such as artificial intelligence. Therefore, this study proposes an image-based process management system for the manufacturing system. In this paper, We utilize the object detection algorithms YOLOV5 and autoencoder in the direction of process anomaly detection. First, the object is extracted in real time from the information of the image taken at the mobile device level through the YOLOv5. Next, the extracted image is defined as an input value of the autoencoder, and a main feature is to be extracted. In particular, the performance of object detection was compared through scenario analysis and the amount of data required for learning. It is expected that the abnormality detection methodology presented in this study will contribute to the purpose of establishing a smart factory and improving productivity and yield of domestic manufactured SMEs.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"202 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121996932","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.113
Minjeong Kwon, Misook Moon, D. Jo
The purpose of this study is to determine the effect of sympathetic activity using picture books on children's emotional regulation ability and considerate behavior. The experiment was conducted by placing 17 people each in an experimental group and a control group. The experiment was conducted 14 times over 7 weeks, and it was verified by conducting pre- and post-tests on whether the use of picture books had an effect on infant emotional regulation and considerate behavior. As a result of the study, first, the effect of sympathetic activity using picture books to improve overall emotion regulation ability could be verified, but the effects of adaptive emotion regulation and negative emotion regulation, which are sub-factors, could not be verified statistically. Second, the effect of using the picture books on improving not only the overall considerate behavior but also the sub-factors of the considerate behaviors were statistically verified. Through this, it was verified that children's sympathetic activities using picture books have a positive effect on children's behaviors to recognize the thoughts and emotions of the other person, adjust and maintain them appropriately, and be considerate of the other person. In future research, measurement tools that can connect and measure the sub-factors of emotional regulation ability and considerate behavior more specifically are developed and need to be utilized in research.
{"title":"A Study on the Effect of Sympathetic Activity on Children's Emotional Regulation Ability and Considerate Behavior: Focusing on the Use of Picture Books","authors":"Minjeong Kwon, Misook Moon, D. Jo","doi":"10.38115/asgba.2022.19.5.113","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.113","url":null,"abstract":"The purpose of this study is to determine the effect of sympathetic activity using picture books on children's emotional regulation ability and considerate behavior. The experiment was conducted by placing 17 people each in an experimental group and a control group. The experiment was conducted 14 times over 7 weeks, and it was verified by conducting pre- and post-tests on whether the use of picture books had an effect on infant emotional regulation and considerate behavior. \u0000As a result of the study, first, the effect of sympathetic activity using picture books to improve overall emotion regulation ability could be verified, but the effects of adaptive emotion regulation and negative emotion regulation, which are sub-factors, could not be verified statistically. \u0000Second, the effect of using the picture books on improving not only the overall considerate behavior but also the sub-factors of the considerate behaviors were statistically verified. Through this, it was verified that children's sympathetic activities using picture books have a positive effect on children's behaviors to recognize the thoughts and emotions of the other person, adjust and maintain them appropriately, and be considerate of the other person. In future research, measurement tools that can connect and measure the sub-factors of emotional regulation ability and considerate behavior more specifically are developed and need to be utilized in research.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124729998","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.26
Bum‐Jin Park
While much research has continued to concentrate on finding the determinants of investment efficiency, it has been neglected that investment efficiency may depend on agency problems between controlling shareholders and external stakeholders caused by ownership-control disparity. The purpose of this study is to provide stakeholders with evidence that information asymmetries caused by ownership-control disparity can depreciate investment efficiency by analyzing the relationship between ownership-control disparity and investment efficiency. From analyses, there is a significant negative relationship between ownership-control disparity and investment efficiency, with this relationship remained unchanged after controlling endogeneity between them. These results show that as ownership-control disparity increases, agency costs produced by deepened information asymmetries lower investment efficiency. Moreover, as ownership-control disparity increases, over investment is not asymmetry to under investment and that is more dominant than under investment. On the other hand, at the low and high levels of ownership-control disparity, although the relationship between ownership-control disparity and investment efficiency are insignificant statistically, this relationship is negative. At the middle level of ownership-control disparity, it appears a significant positive relationship between them, suggesting that there is potential non-linear relationship between them.
{"title":"Ownership-Control Disparity and Investment Efficiency","authors":"Bum‐Jin Park","doi":"10.38115/asgba.2022.19.5.26","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.26","url":null,"abstract":"While much research has continued to concentrate on finding the determinants of investment efficiency, it has been neglected that investment efficiency may depend on agency problems between controlling shareholders and external stakeholders caused by ownership-control disparity. The purpose of this study is to provide stakeholders with evidence that information asymmetries caused by ownership-control disparity can depreciate investment efficiency by analyzing the relationship between ownership-control disparity and investment efficiency. \u0000From analyses, there is a significant negative relationship between ownership-control disparity and investment efficiency, with this relationship remained unchanged after controlling endogeneity between them. These results show that as ownership-control disparity increases, agency costs produced by deepened information asymmetries lower investment efficiency. Moreover, as ownership-control disparity increases, over investment is not asymmetry to under investment and that is more dominant than under investment. On the other hand, at the low and high levels of ownership-control disparity, although the relationship between ownership-control disparity and investment efficiency are insignificant statistically, this relationship is negative. At the middle level of ownership-control disparity, it appears a significant positive relationship between them, suggesting that there is potential non-linear relationship between them.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128698669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.38115/asgba.2022.19.5.133
Jin Chul Kim, Hwanseok Choi, D. Shin, Seunghye Lee
While the domestic entrepreneurial ecosystem has grown rapidly, the concentration of related social and economic infrastructure in the metropolitan area is deepening. In particular, local entrepreneurship, which can create new jobs in the region and contribute to regional economic growth, plays a key role in alleviating the imbalance between the metropolitan and the region. However, relatively few studies have focused on the regional start-ups. To fill this void, this study examines the antecedents of the survival of local start-ups. Specifically, we examine whether the survival probabilities of start-ups differ by region and which firm and regional characteristics affect the survival of local start-ups. We test these hypotheses by using 44.19 million start-up companies from 2016 to 2019. The findings show that the survival rate of start-ups is different even within the same region. This means that local factors can have a significant impact on the survival of start-ups. Second, our results also indicate that the industrial type and firm size had a significant effect on survival. In addition, as for regional characteristics, it was found that industrial structure, location coeffieicent, diversity index, metropolitan area, and the number of universities have significant impact on the survival of start-ups. Based on these results, we discuss the implications and limitations in this study.
{"title":"The impact of regional start-ups on survival","authors":"Jin Chul Kim, Hwanseok Choi, D. Shin, Seunghye Lee","doi":"10.38115/asgba.2022.19.5.133","DOIUrl":"https://doi.org/10.38115/asgba.2022.19.5.133","url":null,"abstract":"While the domestic entrepreneurial ecosystem has grown rapidly, the concentration of related social and economic infrastructure in the metropolitan area is deepening. In particular, local entrepreneurship, which can create new jobs in the region and contribute to regional economic growth, plays a key role in alleviating the imbalance between the metropolitan and the region. However, relatively few studies have focused on the regional start-ups. To fill this void, this study examines the antecedents of the survival of local start-ups. Specifically, we examine whether the survival probabilities of start-ups differ by region and which firm and regional characteristics affect the survival of local start-ups. We test these hypotheses by using 44.19 million start-up companies from 2016 to 2019. The findings show that the survival rate of start-ups is different even within the same region. This means that local factors can have a significant impact on the survival of start-ups. Second, our results also indicate that the industrial type and firm size had a significant effect on survival. In addition, as for regional characteristics, it was found that industrial structure, location coeffieicent, diversity index, metropolitan area, and the number of universities have significant impact on the survival of start-ups. Based on these results, we discuss the implications and limitations in this study.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116971084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：