• Title/Summary/Keyword: assets control

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The Factors affecting the Level of Fixed Assets Management in General Hospitals (종합병원 자산관리 정도 및 요인 분석)

  • Seo, Young-Geun;Yu, Seung-Hum;Lee, Hae-Jong;Park, Eun-Cheol
    • Korea Journal of Hospital Management
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    • v.1 no.1
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    • pp.21-36
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    • 1996
  • The purpose of this study is to evaluate the level of fixed assets management of the factors affecting its management level. The surveyed data were gathered from 105 general hospitals among 263 general hospitals nationwide. The level of fixed assets management was measured by 11 dimensions of assets management. The results were as follows : 1. According to general characteristics of hospitals, the management level of public hospitals and corporatized hospitals was better than that of private hospitals. The management level was better as increasing beds. 2. In the structural characteristics of assets management, the management level of the hospitals which had the responsible person for assets management was better than that of the hospitals which had not. 3. In the operating characteristics of assets management, the hospitals that conducted education for the job had better level of assets management that did not it. The hospital that the discard of assets was decided by engineering department or management department were better in management level than the hospitals that it was decided by user department. The management level of hospitals which were computerized for assets management was better. 4. In the full model, the most factors affecting the level of assets management were the factors that were characterized by operation pattern of assets management, and the operating characteristics of assets management were explained to 23.1% of total 45.7%. Conclusively, the level of assets management was mostly affected by the operating characteristics of assets management which were education for the job, discard decision not by user department, computerization for assets management. Therefore, hospitals perform education of the job, discard decision by engineering or management department, and computerization for better level of fixed assets management

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Reviewing Classification Scheme of Timber Assets for the National Accounting in Korea (국부통계 산출을 위한 입목자산 분류기준의 정립)

  • Chong, Se Kyung;Kim, Young-Hwan
    • Journal of Korean Society of Forest Science
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    • v.96 no.6
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    • pp.724-729
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    • 2007
  • Due to the low productivity in timber harvesting, economic values of forest resources have been rarely validated in Korea. Since the Korea Forest Service provided a statistic of the timber assets for the survey of the 4th National Accounting (1998), no more statistics or measurements have been provided. Further, it becomes an issue that there is no clear standard to classify timber assets into produced or non-produced assets. In this research, we intended to provide a reasonable standard that enables one to classify timber assets either in produced or non-produced assets. For this purpose, articles in the '1993 System of National Accounts (SNA)', which presented definitions and scopes of biological assets, were scanned. The articles related to timber assets in the Korean version of SNA were compared with those in the original version of SNA that were proposed by UN. The results show that the Korean version of SNA seems to have much emphasis on natural occurrence or plantation for the classification standard, while its original version rather focus on the existence of direct control, responsibility, and management by institutional units. According to the original version of SNA, naturally occurring assets, which were basically classified into non-produced assets, were treated as being cultivated and classified into the produced asset when they (or their growth) were under the direct control, responsibility, and management of institutional units. Therefore, a guidance was presented to renew the Korean version of SNA and to innovate the classification standards for timber assets.

A study on School Assets Management System based on Ubiquitous Sensor Network (유비쿼터스 센서네트워크를 활용한 학교자산관리시스템)

  • Park, Min-Sik;Jeon, Tae-Hyun
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2009.05a
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    • pp.277-280
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    • 2009
  • In this paper, the method to apply the RFID technology to schools will be presented in order to effectively integrate and manage various assets in school. The proposed system may be seemed to be very useful of individual school to grasp the status of their assets and also the central government to control and manage the assets scattered far and wide around the country. We also propose the OSN/PMS server based on EPC global standard could be appropriate especially in schools. In addition the proposed system can acquire simultaneously the information from several RFID readers at real time so that it is possible and easy to track the position, the path of moving and the status of assets in the school. To show the usefulness of the proposed system, the prototype of the system has been implemented and conducted. The proposed system seems to be applicable to various fields such as factories, farms, or homes as well as school.

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Study on Enterprise Value and Asset Structure Optimization of the Iron and Steel Industry in China under Carbon Reduction Strategy

  • ZHU, Hong Hong;SUN, Yue Yao;LI, Jin Bao
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.11-22
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    • 2022
  • The iron and steel sector is caught between two worlds: "carbon reduction" and "development." The goal of this study is to show that optimizing asset structure to boost intangible assets, particularly brand assets, is a viable strategy to achieve low-carbon development. This study uses panel data from 38 A-share companies in China's iron and steel industry from 2010 to 2020, as well as World Brand Lab data, to create a comprehensive impact index of enterprise value from the standpoint of an asset structure optimization, and to test the impact of intangible assets and brand equity on enterprise value. The findings show that: the asset structure of iron and steel enterprises is closely related to enterprise value, implying that iron and steel industry development necessitates a transformation of quantity control and quality improvement; the proportion of intangible assets in the asset structure of iron and steel enterprises plays a positive and critical role in enterprise value under surplus conditions. The iron and steel industry begins to shift from tangible to intangible assets; there is heterogeneity in the iron and steel industry transformation. Given certain technological levels, the share of brand assets contributes significantly to the increase in enterprise value.

Liquidity and Solvency Management and its Impact on Financial Performance: Empirical Evidence from Jordan

  • DAHIYAT, Ahmad Abdelrahim;WESHAH, Sulaiman Raji;ALDAHIYAT, Mohammad
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.135-141
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    • 2021
  • The study aims to examine the impact of liquidity and solvency management on the financial performance of Jordanian manufacturing companies listed on the Amman Stock Exchange, for a period of 10 years from 2010 to 2019. The size of the company was used as a control variable. The study employs Return on Assets (ROA) and Earnings Per Share (EPS) to measure financial performance. Current ratio (CR) and total debts to total assets were used as proxies for liquidity and solvency management, while logarithm of total assets was used to measure the size. Correlation and multi regression analyses have been applied to analyze the data. The results show a statistically significant impact of independent and control variables (liquidity and solvency management and the size of the company) on financial performance, while the detailed results of the hypotheses indicate that liquidity has an insignificant reverse impact on financial performance. With respect to other variables, there is a significant positive impact of size on performance and a significant negative impact of solvency on performance. The study suggests in light of results, increasing investments in companies' assets by focusing on internal financing, such that large-sized companies with low leverage will have a good performance.

A Study on the Implementation of Technical Security Control for Critical Digital Asset of Nuclear Facilities (원자력시설의 필수디지털자산에 대한 기술적 보안조치항목에 대한 연구)

  • Choi, Yun-hyuk;Lee, Sang-jin
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.29 no.4
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    • pp.877-884
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    • 2019
  • As technology advances, equipment installed in Nuclear facilities are changing from analog system to digital system. Nuclear facilities have been exposed to cyber threats as the proportion of computers and digital systems increases. As a result, interest in cyber security has increased and there has been a need to protect the system from cyber attacks. KINAC presented 101 cyber security controls for critical digital asset. However, this is a general measure that does not take into account the characteristics of digital assets. Applying all cyber security controls to critical digital assets is a heavy task and can be lower efficient. In this paper, we propose an effective cyber security controls by identifying the characteristics of critical digital assets and presenting proper security measures.

AN ANALYSIS OF TECHNICAL SECURITY CONTROL REQUIREMENTS FOR DIGITAL I&C SYSTEMS IN NUCLEAR POWER PLANTS

  • Song, Jae-Gu;Lee, Jung-Woon;Park, Gee-Yong;Kwon, Kee-Choon;Lee, Dong-Young;Lee, Cheol-Kwon
    • Nuclear Engineering and Technology
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    • v.45 no.5
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    • pp.637-652
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    • 2013
  • Instrumentation and control systems in nuclear power plants have been digitalized for the purpose of maintenance and precise operation. This digitalization, however, brings out issues related to cyber security. In the most recent past, international standard organizations, regulatory institutes, and research institutes have performed a number of studies addressing these systems cyber security.. In order to provide information helpful to the system designers in their application of cyber security for the systems, this paper presents methods and considerations to define attack vectors in a target system, to review and select the requirements in the Regulatory Guide 5.71, and to integrate the results to identify applicable technical security control requirements. In this study, attack vectors are analyzed through the vulnerability analyses and penetration tests with a simplified safety system, and the elements of critical digital assets acting as attack vectors are identified. Among the security control requirements listed in Appendices B and C to Regulatory Guide 5.71, those that should be implemented into the systems are selected and classified in groups of technical security control requirements using the results of the attack vector analysis. For the attack vector elements of critical digital assets, all the technical security control requirements are evaluated to determine whether they are applicable and effective, and considerations in this evaluation are also discussed. The technical security control requirements in three important categories of access control, monitoring and logging, and encryption are derived and grouped according to the elements of attack vectors as results for the sample safety system.