Journal of Korea Society of Industrial Information Systems (한국산업정보학회논문지)

Korea Society of Industrial Information Systems (한국산업정보학회)
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Management Efficiency Analysis of Domestic Securities Companies

국내 증권사의 경영 효율성 분석

  • 강다연 (동아대학교 경영정보학과) ;
  • 이기세 (경북대학교 경영학부)
  • Received : 2023.05.11
  • Accepted : 2023.06.22
  • Published : 2023.06.30
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Abstract

This study conducted DEA analysis on domestic securities firms. Due to the recent digitalization of the financial market, each securities company is fiercely competing to attract new customers, and the Fourth Industrial Revolution has broken down barriers between the financial and non-financial industries, threatening the survival competitiveness of the securities industry. Accordingly, this study measured the efficiency of each securities company using DEA, examined the current management efficiency, and further suggested ways for each company to maximize efficiency. The analysis results of this study are as follows. As a result of BCC analysis, 9 companies were identified as efficient companies, 4 companies were identified as efficient companies, and 4 companies with scale efficiency were identified as 1. In addition, four companies analyzed by CRS, three companies analyzed by DRS, and 12 companies analyzed by IRS. The results of this study will be able to suggest ways to increase management efficiency to companies, and will be used as useful information to judge investment decisions in the stock market.

본 연구는 국내 증권사를 대상으로 DEA 분석하였다. 최근 금융시장의 디지털화로 인해 각 증권사는 신규고객 유치를 위해 치열한 경쟁을 하고 있으며, 또한 4차 산업혁명으로 인해 금융산업과 비금융 산업간 업무영역의 장벽이 허물어져 증권산업의 생존경쟁력을 위협하고 있다. 이에 본 연구는 DEA를 이용하여 각 증권사의 경영 효율성을 측정하였고 더 나아가 각 기업이 경영 효율성을 극대화하는 방안도 제시하였다. 본 연구결과는 다음과 같다. BCC 분석 결과 9개 기업이, CCR 분석 결과 4개 기업이 효율적인 기업으로 확인되었으며, 규모 효율성이 1인 기업은 4개로 확인되었다. 그리고 CRS로 분석된 기업은 4개, DRS로 분석된 기업은 3개, IRS로 분석된 기업은 12개이었다. 이러한 연구 결과를 통해서 기업의 경영자에게는 현재의 경영상태와 함께 경영 효율성을 높이는 방안을 제시하였고, 또한 주식시장에서는 투자의사 결정을 판단할 수 있는 유용한 정보로 이용될 것이다.

Keywords

Acknowledgement

이 논문은 동아대학교 교내연구비 지원에 의해 연구되었음.

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