Higher Management Efficiency Research Articles

Student Apartment Management System Design and Implementation Based on ASP

Based on the analysis of student apartment management system requirements, through the whole process of introduction of demand analysis, database design, overall design, detailed design, from the basic concept of ASP technology and SQL Server, under DreamWeaver development environment, this paper designed modules such as system architecture, development platform and database design strategy, built a student apartment management system based on ASP, which fundamentally changed the existing operation mode and service mode, realized the intelligent management of students apartment, and promoted the standardization and high efficiency of management.

Design and Implementation of Tourism Management Information System

The development of geographic information technology promotes the progress of tourism information. The application of information technology to the management of tourism information can improve the service standard and management quality of tourism industry, which consequently accelerates the development of tourism industry. The paper introduces the design of Tourism Management Information System (TMIS), and applies Baidu Map API and HTML5 based on B/S structure for web development to realize the basic operation of electronic maps, attractions query, bus query, surrounding query, travel by car, address matching, and so on. TMIS based on B/S structure shares resources through the network with low cost, high efficiency of management and development, fast speed of updating information, which can provide timely and accurate information for the tourists.

Evaluating Management Efficiency of Korean Professional Baseball Teams using Data Envelopment Analysis (DEA)

At the outset, the groundwork for this study began with the work by Kang, Lee, and Kwon (2007). Specifically, the researchers evaluated management efficiency of professional baseball teams in Korea using Data Envelopment Analysis (DEA) technique. Kang, Lee, and Kwon (2007) intended to raise the issue that professional teams in the baseball league must undergo management evaluation each year in order to improve operation efficiency and find ways to generate profit. In the meantime, all major sports leagues in Korea are having difficulties due to same financial and management problems as the baseball league. Therefore, the purpose of this study is twofold. First, evaluate management efficiency for each of the three major sports leagues in Korea. Naturally, this will help to understand the relative management efficiency of each team and provide managers an idea which categories need to be improved for higher efficiency when comes new season. These issues are addressed separately for each of the three major sports leagues: Korea Football Association (KFA), Korea Baseball Organization (KBO), and Korean Basketball League (KBL). Second, compare the management efficiency of the three leagues collectively and discover the common trend across each league. According to the evaluation, individual leagues displayed a common trend that wealthier teams performed poorly in the evaluation being ranked in the bottom of each leagues. Comparing the three leagues’ management efficiency collectively, the KBL (74.9%) scored the highest while KBO scored 70.7%, and KFA scored only 53.6%. This result indicates that the salary cap system applied to the KBL has contributed in a positive way to encourage economic parity within the league and promote overall high management efficiency. The study suggests that a certain extent of institutional control is required over the leagues to control cost and improve fan base via implementing various marketing activities. 1)

Information Sharing, Return Characteristics, and Portfolio Beta

The spanning of financial products by the same mutual fund group is evidenced by the dramatic increase in the of mutual funds offered by the a mutual fund group in recent years. This study examines this issue, in the form of information sharing, along with other related issues such as factors in mutual funds that may affect the recent returns; the impact of transaction costs on the investment choice under different investment horizons; the effect of fund size on returns. The results show that information sharing, economies of scale, and higher management efficiency do not explain the better apparent performance of the mutual funds with the most separate funds. A significant positive relationship is found between management fees and long-term returns, suggesting a premium for superior long-term fund management skills. Mutual fund returns are found to exhibit a firm-size effect even after controlling for beta risk. In the long run, mutual fund excess returns behave in accordance with the predictions of the CAPM.