[KSCI] Korea Science Citation Index Service

http://dx.doi.org/10.9708/jksci.2021.26.04.223

The Effect of Inefficient Management on Debt Ratio in Public Institutions

Jang, Ji-Kyung (Division of Business Administration, Dongseo University)

Publication Information

Journal of the Korea Society of Computer and Information / v.26, no.4, 2021 , pp. 223-229 More about this Journal

Abstract

This study investigated the determinants of debt ratio in public institutions. For this purpose, we analyzed the impact of inefficient management as internal factors on debt ratio. In this paper, inefficient management included total costs, payment, and employee benefit. The results of this study are as follows. First, we find that there is a significant positive relation between total costs and debt ratio. This result means that the higher total costs, the higher debt ratio. Second, we find that there is not a significant relation between payment and debt ratio. And we also find that there is not a significant relation between employee benefit and debt ratio. These results are empirical results that can be answers about some concerns that inefficient management of public institutions worsen debt ratio.

Keywords

Public institutions; Debt ratio; Inefficient management; total costs; payment; employee benefit;

Citations & Related Records

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