To evaluate the chemical properties of the epsilon particle present as a precipitate in the high-level radioactive waste, we performed the experiments for the samples fabricated by CeO2 containing 1, 3, and 5wt%Mo, where CeO2 is used as the simulated high-level radioactive waste to replace the real one, using X-ray diffraction (XRD), X-ray absorption spectroscopy (XAS), X-ray photoelectron spectroscopy (XPS), and scanning electron microscopy-energy dispersive X-ray spectroscopy (SEMEDS). Moreover, to evaluate the chemical behavior of Mo epsilon particle in CeO2 at high temperature, the manufactured CeO2-1wt%Mo, CeO2-3wt%Mo, and CeO2-5wt%Mo samples were heated at 100, 300, 500, 700 and 900ºC for 7 h in a tube furnace under Ar atmosphere. In this study, the results of comprehensive analysis including the crystal structure, chemical state, and elemental distribution will be presented to verify the chemical properties for CeO2 samples containing Mo epsilon particle, depending on the Mo content and heating temperature.
본 논문은 최고경영자(Chief Executive Officer, CEO)의 특성이 기업의 위험관리 의사결정에 어떤 영 향을 미치는지를 분석하고자 하였다. 최고경영자의 특성을 나타내는 변수로 나이와 취득전공을 선정하여 2008년 금융위기 전후로 파생상품을 이용한 제조기업들을 대상으로 구조화파생상품을 이용한 기업들만의 차별화된 특성을 분석하였다. 연구결과는 다음과 같다. 일반적으로 CEO의 나이가 많아질수록 보수적 이고 안정적인 의사결정을 한다는 첫 번째 가설을 검증한 결과, CEO의 나이는 복잡한 구조화파생상품을 이용하는데 별다른 영향을 미치지 못하는 것으로 나타났다. 상경관련 전공자가 파생상품을 더 잘 이해하고 복잡한 구조화파생상품이 위험관리용으로 적절하지 않기에 더 적게 사용할 것이라는 두 번째 가설을 검증한 결과, 비상경계 CEO의 파생상품 이용정도가 상경계 CEO보다 더 높은 것으로 나타나서 가설을 지지하는 것으로 나타났다.
본 연구는 규모가 작고 역동적인 벤처기업의 성장에 영향을 줄 수 있는 요인들 중에서 기업의 전략적 행동이나 경영자의 경영 역량과 관련된 제품 전략과 CEO(최고경영자) 특성의 효과를 실증적으로 분석하였다. 벤처기업의 표본을 이용하여 FGLS 추정법에 기반한 회귀분석의 결과에 따르면, 제품 전략과 CEO 특성은 기업 성장에 유의한 영향을 주며 추가적인 설명력을 가진다. 일반적으로 제품의 다양화와 마케팅을 강조할수록, 변화혁신을 완화할수록 성장률이 높았다. 그리고 CEO가 경영지배력을 가진 창업자가 아니거나, 현재 사업관련 분야에서 실무경험이 많을수록 성장률이 높았다. 또한, 연구개발 위주 업무경력보다 일반경영 중심의 업무경력을 가진 CEO가 관리하는 기업이 성장률이 더 높았다. 제품 전략과 CEO 특성이 벤처기업의 성장에 미치는 이런 효과들은 조직수명주기 단계에 따라서 달라졌다. 창업기 및 초기 성장기에 있는 기업에서 제품의 마케팅 강조 전략과 CEO의 일반경영 중심 업무경력이 기업 성장에 미치는 긍정적 효과가 상대적으로 강화된 반면, 성숙기 및 정체기에 있는 기업에서 이런 제품 전략과 CEO 특성이 기업 성장에 미치는 효과가 부정적이거나 유의하지 않았다.
It seems most important for a manufacturing company to be well aware of its relationship with suppliers. This is why it is essential to analyze and control the structural relationship among CEO's characteristics, relations between suppliers and manufacturers and new product development performances affected by such relations. The present study may be summed up as follows: First, from the analysis of characteristics of manufacturing company's CEO and relations between suppliers and manufacturers, it could be verified that CEO's characteristics exercised influence upon sharing of product development process and upon cooperation for technical manpower, but not upon sharing of core technologies, signifying the fact that nothing could be more important than the role of CEO who has strong will to improve his or her relations with suppliers; and Second, from the analysis of relations between suppliers and manufacturers as well as relations between management and new product development performances, it became evident that both management performance and product development performance were affected by sharing of product development process. It was also known that cooperation for technical development process had influence upon the product development performance but not upon the management performance. Furthermore, the analysis showed that both management performance as well as product development performance were affected by sharing of core technologies.
Nanosized Pt, Pt-Ru and Pt-CeO2 electrocatalysts supported on acid-treated carbon nanotube (CNT) were synthesized by microwave-assisted heating of polyol process using H2Cl6Pt·6H2O, RuCl3, CeCl3 precursors, respectively, and were characterized by XRD and TEM. And then the electrochemical activity of methanol oxidation for catalyst/CNT nanocomposite electrodes was investigated. The microwave assisted polyol process produced the nano-sized crystalline catalysts particles on CNT. The size of Pt supported on CNT was 7~12 nm but it decreased to 3~5 nm in which 10wt% sodium acetate was added as a stabilizer during the polyol process. This fine Pt catalyst particles resulted in a higher current density for Pt/CNT electrode. It was also found that 10 nm size of PtRu alloys were formed by polyol process and the onset potential decreased with Ru addition. Cyclic voltammetry analysis revealed that the Pt75Ru25/CNT electrode had the highest electrochemical activity owing to a higher ratio of the forward to reverse anodic peak current. And the chronoamperemetry test showed that Pt75Ru25 catalyst had a good catalyst stability. The activity of Pt was also found to be improved with the addition of CeO2.
This paper aims to investigate the impact of chief executive officer’s (CEO) attributes on firms’ performance. Specifically, it examines the influence of CEOs’ education, professional experience, and tenure on Saudi firms’ performance. We look at a sample of 120 listed firms on Tadawul stock exchange from 2014 to 2017. Data on financial and accounting variables are obtained from the annual reports of the selected companies. We follow the existing empirical literature and use a panel model and formulate three different equations using the GMM estimator. Findings prove that CEO educational background does matter. In particular, companies employing CEOs with business administration, economics, finance, or accounting degree will perform outstandingly better. Similarly, stock performance gets improved when the CEO has a postgraduate qualification, i.e., when the CEO holds an MBA, a master, or a PhD degree. Besides, results reveal that executives who have an experience in a related field will positively affect the firm’s performance. Finally, evidence shows that high CEOs tenure improves corporate performance. Overall, these findings demonstrate that executives’ attributes are key factors that would explain differences in Saudi firms’ performance. These results would help shareholders to make the right decision in selecting CEOs to manage the company.
Purpose – For small and medium sized firms, CEO characteristics are main factor influencing firms’ prosperity as well as performance. So it is quite natural that many people are interested in factors of CEO that matters. In this research, CEO characteristics in terms of capabilities and skill or special knowledge necessary to run the business are invested for manufacturing firms. Precedent studies reveal that CEO characteristics such as psychological factors including desire to succeed, tendency to take risks, personal factors including age, year of running business, and task related factors including managing capability, communication skills, network influence firm performance for manufacturing firms. However, these studies simply verify whether or not those factors affect firm’s managing performance. This study, however, goes further to investigate how is the affecting process from CEO’s capabilities and organization characteristics to firm’s core competence, and from core competence to advantages, and from advantages to managing performance.
Research design, data, and methodology – We make a questionnaire and surveyed manufacturing firm CEO’s in Gyeonggi-do area. General characteristics analysis, factor analysis, regression analysis, and control effect analysis was conducted. SPSS 2.0 Win, version was used.
Results – The CEO characteristics including basic capability, task capability, leadership, and organization characteristics affect core competence at the statistically significant level. And, core competence affect both price advantage and differentiation advantage at the significant level. Some unique finding is that while differentiation advantage affects both financial achievement and non-financial achievement, price advantage does not affect both financial and non-financial achievement. And firm characteristics mainly measured by CEO characteristics of skills has control effects on the trace from core competence to price advantage.
Conclusions – For small and medium sized firms CEO characteristics is the most important factor influencing firm’s prosperity. For manufacturing firms, whether CEO has the skill or special knowledge to run the firm is critical factor. The study results show that CEO’s for manufacturing firms put importance on price and price advantage which seems to be familiar to them. However, the price advantage does not influential to financial and non-financial achievement. This result suggests that small and medium sized manufacturing firms’ CEO’s should make effort to improve other aspects of advantages to be more competitive.