• The Korean Journal of Financial Management
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• v.14 no.3
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• pp.263-287
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• 1997

본 연구에서는 국내은행의 위험도가 반영된 보험요율을 Merton에 의해 처음으로 제시된 예금보험요율 결정모형을 이용하여 추정하였다. 실증분석 결과에 의하면 표본은행간의 예금보험요율의 추정치에는 횡단면적 차이가 있는 것으로 나타나 표본기간 중 여러 은행들이 공격적 경영을 취함으로써 은행파산의 위험도를 높이는 도덕적 위해의 문제를 발생시켰음을 보여주고 있다. 본 연구는 상관관계 분석을 통하여 추정된 보험요율이 Moody's사의 국내은행에 대한 장기신용등급과 재무건전도등급, 그리고 은행규모, 수익성, 자본적정성, 자산건전성을 나타내는 지표들과 어떠한 관계에 있는 지를 살펴보았다. 분석결과에 의하면 Moody's사의 국내은행에 대한 장기신용등급, 재무건전도등급과 보험요율 사이에는 통계적으로 유의한 관계가 있는 것으로 나타나 추정된 보험요율이 이들 지표와 마찬가지로 위험도를 적절히 반영하는 것으로 나타났다. 또한 보험요율은 은행규모, ROA, ROE들과는 음의 관계가 있는 것으로 나타났으나, BIS기준 자기자본비율, 부실여신비율과는 양의 관계가 있는 것으로 나타났다. 그러나 자기자본비율이나 부실여신비율이 은행의 신용도나 위험도를 적절하게 반영하지 못하는 것으로 나타남으로써 이들 비율에 대한 회계방식의 개선이 요구됨을 본 연구의 결과는 보여주고 있다.

• The Journal of Society for e-Business Studies
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• v.17 no.3
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• pp.73-84
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• 2012

With transition to Knowledge society and introduction of information industry, there are many companies which have higher stock price than the suggested value from its financial information. To explain similar cases in capital markets, many researchers focus on non-financial information such as Web Traffic data or intangible assets such as intellectual property rights rather than traditional financial analysis. Besides, the relationships between financial and non-financial information with firm value are changed according to industry lifecycle. As Industry grows, financial information of company is more important for firm valuation in Capital market. We'd like to review the changes of relationships between financial information and firm valuation in Capital market especially for "Software", "Digital Contents", and "Internet" companies listed in Kosdaq market during 2000~2011. The result of data analysis shows the financial information gets more important after 2007. Inversely, it provides analytical bases that related industry gets mature. Also we show that intangible properties are more relevant to stock price of those technical based companies than others.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.2
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• pp.699-711
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• 2011

This study is to perform several major analyses to find any differences in the leverage between the pre- and post-period of the currency crisis. Moreover, another aspect is to investigate a financial aspect which has received relatively little attention to the firms and/or industries in the emerging capital markets in comparison to those in the advanced markets. The purpose of this empirical study is to confirm whether or not, it is myth or reality that Korean business conglomerate, chaebol, firms with subsidized financing from government-owned domestic financial institutions in the pre-financial turmoil, may still maintain their higher leverage, even after the crisis. It was found that firms belonging to the chaebol in Korea maintained higher average book-value and market-value based debt ratios, relative to their counterparts not belonging to the chaebol across all of the tested models. There were positive relationships of IND3(=the chemical industry) and Ind5(=the construction industry) to the book-value leverage. This study identified that there were no differences in the explanatory variables included, between the tested models (that is, without and with including the present value of an operating lease) related to each debt ratio. Since the Korean government continue to improve the corporate governance of the domestic firms in terms of accounting transparency and corporate ownership, it would be more efficient, if utilizing this "new" ratio considering an operating lease as an effective measurement of the level of leverage. In terms of the capital structure, it may also be possible for foreign firms to utilize and benefit from the results obtained in this study when operating their new businesses in Korea, given the economic circumstances such as the ongoing progress of the Korea-America FTA or the Korea-China FTA.

• Korea Trade Review
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• v.42 no.3
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• pp.25-47
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• 2017

Forfaiting is a trade finance facility whereby financial institution purchases accounts receivable from exporters, on a without recourse basis. After the adoption of K-IFRS in 2011, accounting for simple borrowing as usual negotiation increases debt ratio which in turn, worsens financial soundness of a company. Hence, exporting companies have their interest in forfaiting that enables book-off in order to decrease the borrowing. Along with the execution of URF 800 at ICC and increasing the interest of exporting companies into forfaiting, foreign exchange banks in Korea expand the development of products related to forfaiting. Upon surveying all these national banks of this matter, this paper identified an appropriate solution for the forfaiting practice.

• 방재와보험
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• s.117
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• pp.46-50
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• 2007

한국화재보험협회는 매년 특수건물에 대한 화재를 조사하여 손해보험회사, 소방방재청, 특수건물 관계자 및 관련기관에 제공하고 있다. 2005년도 화재조사 분석은 특수건물 19,220건 중 화재 또는 인명피해가 발생한 514건을 대상으로 하였는데, 293억 원의 재산피해가 발생 하였으며 화재발생률은 2004년도의 2.76%보다 0.09%포인트 감소한 2.67%로 나타났다. 또한 국내 손해보험업계의 화재보험에 대한 손해율(재산종합보험 손해율 제외)은 2004회계연도(2004.4.1-2005.3.31) 기준으로 특수건물 51.7%, 비특수건물은 52.8%로 나타났다. 본 고에서는 최근 특수건물의 화재경향을 살펴보고, 2005년도 화재분석 내용을 분석하여 화재예방과 피해절감 대책을 위한 자료를 제공하고자 한다.

• Journal of Korea Technology Innovation Society
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• v.7 no.2
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• pp.441-458
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• 2004

이동망의 착신접속서비스는 각국에서 bottleneck 서비스로 인식하고 규제당국에서 원가에 근거하여 규제하고 있다. 원가에 의한 규제 방식으로 과거에는 회계자료를 근거로 한 역사적 원가가 사용되어 왔으나 최근에는 유선망의 경우처럼 bottom-up 방식의 장기증분원가(Long Run Incremental Cost ： LRIC)를 적용하는 사례가 증가하고 있다. LUC를 산정하기 위해서는 공학적인 기준에 따라 이동망을 설계하여 정확한 망 구성요소별 소요량을 측정하고 이를 투자비로 전환하는 작업이 필요하다. 유선망의 경우는 LRIC산정을 위한 망 설계방법론이 비교적 잘 확립되어 있으나, 이동망의 경우는 망 설계 및 망 구성요소별 소요량 산정방법론에 대한 연구가 부족한 실정이다. 본 고에서는bottom-up방식의 이동망 LRIC산정관련 해외 사례를 살펴보고 국내 실정에 적합한 이동망 설계 방법과 망 구성 요소별 소요량 산정 방법론을 제시해보고자 한다.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.2060-2061
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• 2007

본 논문에서는 국가 경제성장률과 국내 전기공사실적 증가률에 대한 상관관계를 비교분석하였으며, 연간 전기공사 실적에 대한 항목별 구성비율 중 노무비가 차지하는 비율을 분석하였다. "국가를 당사자로 하는 계약에 관한 법률 시행령 및 시행규칙"과 회계예규인 "예정가격 작성기준"에 근거하여 원가계산에 의한 전기공사 예정가격 산정의 기초자료로 활용되는 전기부문 표준품셈 체계개편이 전기공사업에 미치는 영향을 최근 발주된 대형공사에 체계개편 전과 체계개편 후 공사금액을 비교하여 종합적으로 분석하였다.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.32 no.4D
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• pp.357-366
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• 2012

Construction equipment has applied to depreciation over the years, however, the price index for construction equipment is not properly reflected in existing quantity per unit and the local tax law. Thus, this study shows the analysis of the corporate tax law, the local tax law and business accounting standards, characteristics of the domestic depreciation system and depreciation methods, and the capital recovery factor of construction equipment applying the theory for economic efficiency. It also presents cases of depreciation on the basis of quantity per unit and tax law using straight-line depreciation method and declining balance method. It is proposed that the relations of the application system of permissible period for construction equipment and the existing system be explained and the application system of permissible period for construction equipment be imposed. Furthermore, it proposes the development of depreciation tables of construction equipment monthly expenses based on the domestic price index and applications. In addition of that, it proposes the analysis of pros and cons of the methods suggested and application limits of the study and subsequent improvement plans. This study should reflect more rational and objective reality in quantity per unit and tax law.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.359-364
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• 2003

The loss of potential opportunity profit which is consisting in the partial markups of the corporation would taking placed in related with the time-delay deeply, has customarily disregarded in contract adjustment under the principles of denial of cost accounting method, declined conjecture in the point of benefits and protection of the law in scope of compensation and the restricted conditions of constant contract. It is being resulted from that the policies of the general principles of accounting standards which is subjected to ask an objective data and evidence, and the denial system as a debt derived from imperfect legal theory applied by current law. Therefore, it is necessitated to find if any irrationality in the positive system is and further to draw an improved reasonable measures to adopt by review of constant system preparing tile reasonableness with the method of suitable quantification devices provided that any time-delay is induced by the party.

• Korean Journal of Construction Engineering and Management
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• v.19 no.5
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• pp.111-120
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• 2018

Recently, Domestic public construction projects are experiencing a great deal of disputes because of the growing uncertainty about the criteria for calculating the prolongation cost. In addition, researchers have been studying various systems and proper cost estimates in an effort to reduce the uncertainty of these systems and the occurrence of disputes. However, there is no standard yet for social consensus. Meanwhile, The study on the classification system according to the recognition standard of accounting has been systematically studied. As a result, the concepts of accrual and cash basis are defined separately. The purpose of this study is to verify the possibility of applying the concept of 'accrual basis' to the Standard for calculation of prolongation cost. Therefore, As a result of analyzing the occurrence pattern of Job-site overhead cost, it is confirmed that actual costs can not be calculated by the cash-basis method. In particular, the implications of the necessity of the accrual-basis method should be more strictly indicated in the case of items such as indirect labor costs and welfare benefits. In addition, the contractor 's claim report and the appraisal report were examined. As a result, it was confirmed that the calculation situations of prolongation costs are biased to the cash-basis method. In this way, it is suggested that necessary to supplement the calculation standard of the actual costs from the point of view of accrual basis.