• Nuclear Engineering and Technology
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• v.52 no.5
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• pp.1022-1028
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• 2020

One of the possible options for spent-fuel management in Korea is pyroprocessing, which is a process for electrochemical recycling of spent nuclear fuel. Nuclear material accountancy is considered to be a safeguards measure of fundamental importance, for the purposes of which, the amount of nuclear material in the input and output materials should be measured as accurately as possible by means of chemical analysis and/or non-destructive assay. In the present study, a neutron measurement system based on the fast-neutron energy multiplication (FNEM) and passive neutron albedo reactivity (PNAR) techniques was designed for nuclear material accountancy of a spent-fuel assembly (i.e., the input accountancy of a pyroprocessing facility). Various parameters including inter-detector distance, source-to-detector distance, neutron-reflector material, the structure of a cadmium sleeve around the close detectors, and an air cavity in the moderator were investigated by MCNP6 Monte Carlo simulations in order to maximize its performance. Then, the detector responses with the optimized geometry were estimated for the fresh-fuel assemblies with different ²³⁵U enrichments and a spent-fuel assembly. It was found that the measurement technique investigated here has the potential to measure changes in neutron multiplication and, in turn, amount of fissile material.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.717-728
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• 2020

The objective of this study is to explore the whole process of fraud risk management strategies that should be implemented by the organizations. Secondly, this study discusses the governance issues that arise at each stage of the process. For the purpose of this study, a content analysis of previous literatures is used as a technique for gathering data. This process usually involves codifying qualitative and quantitative information into pre-defined categories in order to derive patterns in the presentation and reporting of information. Based on our content analysis, we found that the fraud risk management process should be made of at least five stages which are inculcating the culture of managing risks in an organization, identifying the risks, evaluating the risks, determining preventive actions and implementing and reviewing stages. Our extended analysis of the fraud risk management process finds that a lot of governance issues arise in the fraud risk management process that should be solved by regulators and companies in order to ensure that fraud risk management process is embedded as corporate culture, not merely as a process. Among them are how to create the risk culture in an organization and whether auditors and risk management committees identify risks from each available source.

• The Journal of Asian Finance, Economics and Business
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• v.10 no.2
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• pp.355-365
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• 2023

This study examined the relationship between corporate governance and risk disclosure via a systematic literature review and bibliometric visualization analysis. The study aimed to present evidence of risk disclosure intellectual structure, volume, and development knowledge trends. Data was extracted from Scopus and analyzed with Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines and RTools. In turn, 64 articles were extracted from the Scopus database. The results demonstrated that the number of corporate governance and risk disclosure publications increased significantly from 2015 to 2019 compared to before 2015. RTools revealed the most prominent journals, authors, and interests in the field. The co-occurrences map was constructed based on 208 keywords from 64 articles, where the keywords were required to appear once in the research. Interestingly, the keyword search yielded new concepts relatively unexplored in the risk disclosure field. The 13 clusters were generated, which contained 1987 total links and 1567 direct citations. Based on the scientific analysis discussion, corporate governance and risk disclosure is an interesting topic that has produced many publications. Applying research keywords arguably aided in producing and publishing papers in top journals. Despite the number of publications decreasing due to the COVID-19 pandemic, the pandemic also presented new opportunities for future research.

• Nuclear Engineering and Technology
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• v.55 no.10
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• pp.3525-3534
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• 2023

Non-uniformity of Pu and Cm composition in used nuclear fuel was analyzed to determine its effect on Pu accountancy in pyroprocessing, while employing the Pu-to-²⁴⁴Cm ratio method. Burnup simulation of a typical pressurized water reactor fuel assembly, required for the analysis, was carried out using MCNP code. Used fuel nuclide composition, as a function of nine axial and two radial meshes, were evaluated. The axial variation of neutron flux and self-shielding effects were found to affect the uniformity of Pu and Cm compositions and in turn the Pu-to-²⁴⁴Cm ratio. However, the results of the study showed that these non-uniformities do not affect the use of Pu-to-²⁴⁴Cm ratio method for Pu accountancy, if the measurement samples are drawn from the voloxidized powder at the feed step of pyroprocessing. 'Material Unaccounted For' and its uncertainty estimates are also presented for a pyrprocessing facility to verify safeguards monitoring requirements of the IAEA.

• Transactions of the Korean hydrogen and new energy society
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• v.23 no.1
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• pp.49-55
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• 2012

Hydrogen isotopes accountancy and storage are important functions in a nuclear fusion fuel cycle. The hydrogen isotopes are safely stored in metal hydride beds. The tritium inventory of the bed is determined from the decay heat of tritium. The decay heat is measured by circulating helium through the metal hydride bed and measuring the resultant temperature increase of the helium flow. We are reporting our preliminary experimental results on the hydrogen isotopes accountancy and storage performance in a metal hydride bed.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.4
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• pp.197-203
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• 2020

This study investigates graduate competencies that can improve the uptake of higher education graduate outcomes in the working environment in Indonesia. This research was conducted by collecting data through sending questionnaires directly by the research team, via courier, or via postal service to respondents. A survey with questionnaire is carried out on April 2019, and the data from 117 respondents was analyzed. The sample population was all private higher education in the area of the I-XIV Higher Education Service Institution in Indonesia. This study employs factor analysis and structural equation modelling. The results show that the Graduates' competencies had a significant direct effect on the uptake of higher education graduates in the job market. The indirect effect of a Diploma Supplement and networking as mediation has a level of influence that is higher than the direct effect of graduate competence on the uptake of higher education graduate outcomes in the job market. The findings suggest that the Diploma Supplement and networking can increase the uptake of higher education graduates in Indonesia as expected by stakeholders and be able to compete in the global or international scale of environmental working. The professionalism of lecturers has a significant influence on the quality of learning.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.3
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• pp.19-26
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• 2017

Banks play a crucial role in bringing stability and economic development through their expected contribution in proper financial resource mobilisation across the economy. Despite the importance, there is little focus in recent literature which provided the empirical evidence how the global financial crisis affect the bank efficiency in Bangladesh. Thus, this paper aims to examine the effect of the global financial crisis and other factors on the efficiency of Bangladesh commercial banks. By employing the Data Envelopment Analysis (DEA) method, we computed the technical efficiency of individual banks operating in the Bangladesh banking sector during 2000 to 2013. The empirical findings indicate that the Bangladesh banking sector has exhibited the highest efficiency level during 2001, while efficiency seems to be at the lowest level during 2010. The study finds that crisis along with bank size, capital adequacy ratio, return on average equity and real interest rate have a significant effect on bank efficiency in Bangladesh. In order to keep the sound financial development of Bangladesh, banks operating in the Bangladesh banking sector have to consider all the potential technologies which could improve their profit efficiency levels, since the main motive of banks is to maximise shareholders' value or wealth through profit maximisation.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.679-687
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• 2020

The aim of this paper is to review studies of women chief executive officers (CEOs) and chief financial officers (CFOs) in the context of financial reporting quality. By using electronic searches and keywords to identify relevant studies, a total of 22 published studies are identified over the period 2010-2020. Based on the review, two underpinning theories have been widely used in examining the effect of women CEOs/CFOs on the quality of financial reporting, namely, risk aversion theory and gender-ethics theory. In addition, a majority of the studies documented that women CEOs/CFOs lead to more conservative reporting and higher earnings quality. The findings underscore the importance to examine the gender issue in accounting literature and established a business and management case for women to attain the top position whether as a CEO or CFO. This paper also recommends to practitioners and regulators about the effect of having women as CEOs or CFOs on financial reporting quality as women are a pool of talent that is underutilized. In addition, this paper goes beyond a classic narrative review by suggesting future research avenues to examine further such issues in order to broaden the understanding of the role of women in accounting.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.1-9
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• 2021

The purpose of this study is to examine the effects of economic uncertainty on MNC investment in Malaysia from 2009 to 2019 by employing an ARDL method. The results revealed that Economic Policy Uncertainty (EPU) has a positive association with the capital expenditures of Nestle, British American Tobacco, and Public Bank in the long run. In a similar period, the Gross Domestic Product (GDP) is positively significant with the capital expenditures of British America Tobacco and Heineken. However, inflation is negatively related to the capital expenditures of British America Tobacco and Heineken. Additionally, the exchange rate has a significant and negative relationship with the capital expenditures of Nestle and Petronas, while the ECT value is negative and significant in the short run, hence confirming that co-integration exists. In view of this, it is imperative that the government plays a prerogative role to support MNC operations, as MNCs foster the developing countries' economic development through facilitating full employment. This study sets to enhance the personal knowledge of those with a strong interest in the Malaysian financial market. As long as MNCs believe that the Malaysian market has the potential to grow, they will continue to invest for the benefit of the country.

• Nuclear Engineering and Technology
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• v.51 no.1
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• pp.198-206
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• 2019

A new methodology to analyze the nuclear material accountability for pyroprocessing system is developed. The $Pu-to-^{244}Cm$ ratio quantification is one of the methods for Pu accountancy in pyroprocessing. However, an uncertainty in the $Pu-to-^{244}Cm$ ratio due to the non-uniform composition in used fuel assemblies can affect the accountancy of Pu. A random variable, LOPu, is developed to analyze the probability of detection for Pu diversion of hypothetical scenarios at a pyroprocessing facility considering the uncertainty in $Pu-to-^{244}Cm$ ratio estimation. The analysis is carried out by the hypothesis testing and the event tree method. The probability of detection for diversion of 8 kg Pu is found to be less than 95% if a large size granule consisting of small size particles gets sampled for measurements. To increase the probability of detection more than 95%, first, a new Material Balance Area (MBA) structure consisting of more number of Key Measurement Points (KMPs) is designed. This multiple KMP-measurement for the MBA shows the probability of detection for 8 kg Pu diversion is greater than 96%. Increasing the granule sample number from one to ten also shows the probability of detection is greater than 95% in the most ranges for granule and powder sizes.