• Title/Summary/Keyword: 기관투자가

Search Result 750, Processing Time 0.03 seconds

A Study on the Implications and Trends of Logistics Security Assurance Programs for International Trade Facilitation (국제물류보안 인증제도 동향 및 시사점에 관한 연구)

  • Ko, Hyun-Jeung
    • Journal of Korea Port Economic Association
    • /
    • v.27 no.2
    • /
    • pp.333-354
    • /
    • 2011
  • After the terrorist attack of 9/11 on the USA, the security concern to global trade has been raised. In particular, the USA has actively promoted a series of initiatives and rules such as CSI, 24 hour rule, C-TPAT, and so on in the area of logistics activities, which aimed to better protect the country against the potential terrorist threats. While implementing such schemes called as a multi-layed logistics security strategy, a large number of countries trading with USA are facing with the issues of additional time and costs for inspecting cargos in their logistics facilities. As a result, most countries all over the world have sought a way to minimize the impacts from such strategy. The Korea also is preparing the several security programs operated by various ministries, which are aiming to not only improve the efficiency of trade flows but also to ensure supply chain security. However, many companies are expressing the inefficiency of operating such programs. Thus, this paper analyzed several global supply chain security programs currently adopted by international organizations(ISO, WCO, and IMO) and major countries(USA, EU, and Singapore) and suggested a guideline for developing the national logistics security system.

An Analysis on the North-Africa Entry Strategies of Korea Logistics Companies (조선산업의 글로벌 경쟁력 강화를 위한 한중 선박금융제도의 비교연구)

  • Choi, Chang-Yeoul;Ham, Hyung-Bum
    • International Commerce and Information Review
    • /
    • v.14 no.4
    • /
    • pp.317-337
    • /
    • 2012
  • This study has investigated shipping finance systems in Korea and China, and extracted negative factors based on it to propose a way to develop the shipping financial system in Korea for shipbuilding industry and marine transportation. From after the global financial crisis in 2008 to right before the Lehman Brothers Holdings bankruptcy, shipping finance has been dominated by the major industrialized countries in Europe. However, the weight point is moving to the countries in Asia region such as Korea, Japan, and China based on relatively strong banking system and low interests rate. This study focused on the alternatives the current situation that the starter of shipping finance among three countries in Northeast Asia, South Korea is facing China's challenges. In the paper, shipping finance in Korea presented its defectives such as the limits of ship financing, lack of professional workforces, ever-present foreign exchange risks, and lack of understandings of the parties. As the countermeasures of them, it proposed establishing professional institute for ship financing, training professionals in financial industry, raising foreign credentials of won, and continuing associations between the parties. Even though we are the first Asian country introduced ship funds, the ship funds growth in China shall be under our eyes while we keep systemic networks between shipping, ship building, and ship financing.

  • PDF

Strategic Plans to Increase Cooperation between Korean and Chinese Logistics Industries in Port Regions: Focused on Case Study in Shandong Province (한.중 항만지역 물류산업 협력 증대방안 연구 : 산둥성 사례연구를 중심으로)

  • Lim, Youngtae;Choi, Changho
    • Journal of Korea Port Economic Association
    • /
    • v.30 no.4
    • /
    • pp.29-46
    • /
    • 2014
  • Nowadays the trade volume between Korea and China is rapidly increasing. With the current trend in mind, this study aims to seek strategic plans for increasing cooperation between Korean and Chinese logistics industries. The plans are especially centered around port regions, since ports are responsible for most of the trade volume between the two nations. As for the method, a case study was carried out in capital area ports in Korea and Shandong Province port regions of Bohai Economic Rim in China to address the problems and propose strategic plans to promote cooperation between the two nation's logistics industries, specifically with port regions as the center. The results showed that in increasing cooperation between Korean and Chinese logistics industries, the most important factor is for the two governments to put effort in solving the problems arising in port areas. Moreover, Korean government should strengthen its support to Korean companies in Chinese port areas as well as exert effort in multilateral ways such as system improvement and facility investment for capital area ports so as to gain competitive edge against China. This study contributes to the existing literature in that it applies suggested cooperative strategies for Korea-China logistics industry from previous studies to port regions as the focus, and it also sheds new light on institutions located in port areas through in-depth interview.

The Effect of Corporate Governance on Performance of Mergers and Acquisitions in KOSDAQ Market (코스닥시장에서 인수합병에 따른 성과와 소유구조)

  • Cho, Ji-Ho;Jeong, Seong-Hoon
    • The Korean Journal of Financial Management
    • /
    • v.26 no.2
    • /
    • pp.33-61
    • /
    • 2009
  • From the perspective of corporate governance, we examine the acquirers' performance of mergers and acquisitions in KOSDAQ Market. The empirical results of our study show that inside an executive shareholders and outside minor shareholders, affect acquirers' performance in M&A's : the ownership of outside minor shareholders is positively correlated with the performance of acquirers. and, the ownership of insiders, such as that of an executive shareholders, does have significant effect on the performance of M&A's. Since the current literature concludes that the improvement of corporate governance in KOSDAQ Market would enhance the shareholders' wealth, the results of our study implies that outside minor investors, as well as insiders, are playing an important role in the corporate governance.

  • PDF

The Effects of Ownership Structure on Analysts' Earnings Forecasts (기업지배구조가 재무분석가의 이익 예측오차와 정확성에 미치는 영향)

  • Park, Bum-Jin
    • The Korean Journal of Financial Management
    • /
    • v.27 no.1
    • /
    • pp.31-62
    • /
    • 2010
  • This paper analyzes empirically how analysts' forecasts affected by ownership structure. This study examine a sample of 1,037~1,629 the analysts' forecasts of firms registered in Korean Stock Exchange in the period from 2000 to 2006. The empirical results are summarized as follows. First, from the analysis, companies which have higher major shareholder's holdings tend to increase earnings forecast errors and earnings forecast accuracy. Meanwhile, companies which have higher institution shareholder's holdings tend to decrease earnings forecast errors and earnings forecast accuracy. This result is in line with the view of previous works that companies with higher major shareholder's holdings look towards more of analysts' optimistic forecasts in order to maintain friendly relations with major shareholders. Because of analysts' private information use from major shareholders, earnings forecast accuracy is higher in high major shareholder's holdings firm than in high institution shareholder's holdings it. Second, this analysis is whether the minimal required selection condition of outside directors, audit committee adoption and audit quality affect the relation between ownership structure and analysts' forecasts. This result is that variables related corporate governance do not affect statically the relation between ownership structure and analysts' forecasts. The meanings of this paper is to suggest the positive relations between ownership structure and analysts' forecasts. After this, if analysts will notice forecasts of more many firms, capital market will be more efficient and this field works are plentiful. Also it will need monitoring systems not to distort market efficiency by analysts' dishonest forecasts.

  • PDF

국방예산(國防豫算)의 국민경제적(國民經濟的) 효과분석(效果分析)과 지출구조(支出構造) 개선방안(改善方案)

  • Hwang, Seong-Hyeon
    • KDI Journal of Economic Policy
    • /
    • v.20 no.3_4
    • /
    • pp.175-222
    • /
    • 1998
  • 본 논문에서는 우리나라 국방예산 운영의 국민경제적 파급효과에 대한 실증분석에 기초하여 국방예산 규모논쟁에 대한 검토, 지출구조의 개선방안, 그리고 지출구조 개성을 위한 국방부문의 효율화 방향을 제시하였다. 실증분석을 위해 Feder-Ram 2부문-외부효과모형에 기초하여 1970년대 이후 총국방비 운영유지비 방위력개선비 등 3가지의 국방부문 지표를 이용한 실증분석 결과, 방위력개선비가 국민총생산에 대해 유의한 정(正)의 효과를 갖는 것으로 나타났다. 총국방비의 경우 유의성이 없었으며, 운영유지비의 경우 유의한 부(負)의 효과를 갖는 것으로 나타났다. 국방예산 규모논쟁과 관련하여, 최근 GDP 대비 국방비 비중과 안보위협을 고려한 국가군별 비교 등을 통해볼 때, 지금까지의 우리나라 국방비규모의 상대적 비중이 하락하는 추세를 더 이상 기대하기는 어렵다고 보는 것이 현실적인 인식이라고 판단된다. 이제 국방예산 관련 논의의 초점은 상대적 규모를 포함하여 국방예산규모 자체보다는 국방예산의 지출구조와 내역에 맞추어져야 하고, 국방예산 운영의 낭비사례를 방지하고 효율성 투명성을 높여서 적절한 지출구조와 배분내역 방식을 이루는 것이 되어야 한다고 판단된다. 국방예산 지출구조의 개선을 위해서 투자비 성격의 방위력개선비 비중을 높이는 예산구조상의 개선이 매우 중요한 과제이다. 이를 위해 각종 경사경비에 대한 영점기준의 검토작업과 더불어 인력과 장비의 대체, 인력구조의 조정 등을 통해 기술집약형 전력구조를 지향하는 보다 근본적인 구조조정노력이 이루어져야 할 것이다. 미래전 양상에 대비한 군 첨단화의 핵심인 해상방위력 및 항공력 증강 등이 필수적이며, 지상군 위주에서 상대적으로 해 공군 중심의 군 구조로 개선되어야 할 것이다. 구조개선의 완급조절과 군별배분의 수평적 구조개선을 통해서 예산규모의 커다란 증대 압력 없이 추진 할 수 있는 구조개선은 시급히 실현되어야 할 것이며, 구조조정 재원의 상당부분은 군 내부의 낭비사례를 막고 생산성을 획기적으로 제고해서 확보할 수 있어야 할 것이다. 국방예산 운영의 효율성 투명성 제고를 위해서는 군 내부 자원관리기능이 강화되어야 하고, 군조직 운영에 있어서도 민간부문에 상응하는 경영효율성 개념의 과감한 도입이 요구된다. 지금까지의 '국방전력 극대화'를 위한 군인중심의 획일적 폐쇄적 군조직 운영에서 벗어나 조직 인사 예산 운영 전반에 걸친 경영혁신이 이루어져야 한다. 국방부문에 경영효율성 개념을 도입하여 경영혁신을 이루어나가는 주요 정책방향은 일부 기능 조직의 민영화 및 민간위탁의 확대, 민간전문인력의 활용도 제고, 자율적 책임경이 필요한 부문을 대상으로 한 "책임경영사업소(Agency)제도"의 도입 등이다. 또한 유사기능을 갖는 조직과 각군별로 별도로 설립되어 중복되는 기능을 수행하는 기관을 통폐합해야 할 것이다.

  • PDF

The Restructuring of the Chemical Industry in Jilin City, China (중국 지린(吉林)시 화학공업의 재구조화)

  • Lu, Bi-Shun;Zhan, Jun
    • Journal of the Korean association of regional geographers
    • /
    • v.15 no.6
    • /
    • pp.720-735
    • /
    • 2009
  • This paper studies the characteristics of the restructuring of chemical industrial complex in JiLin city since 1978 focusing on enterprise organization, the process of production, labor, and consumer market. The number of chemical industrial enterprises and their partnership with subcontractors have increased since 2001. As for the type of cooperation group, research institutes and local government are accounted for the greatest portion. The chemical industrial enterprise in JiLin which has adopted Fordism production method still has the highest percentage in 2007. And in the shift process of production system after China's entry into WTO(in 2001), chemical industrial enterprise in JiLin city takes allowing more investment in production technologies as core strategy, while taking improvement in equipment and development of new products as core strategy in the shift process of production technology. The degree of labor re-education was highest in 2007, and as for the relationship between labor and management, enterprises which evaluate the ability of performance of duty are increasing. The characteristics of restructuring of chemical industrial complex on consumer market, domestic market accounted for the greatest portion, on the other side the export is feeble. As for strategy of market restructuring, industrial enterprise in JiLin city should use Quality improvement and high-value added as core strategies to cope with alteration of market.

  • PDF

A Study on the Science and Technology Level in Korea (우리나라의 과학기술수준조사에 관한 연구)

  • 정근하;김인호;정한수
    • Proceedings of the Korea Technology Innovation Society Conference
    • /
    • 1999.11c
    • /
    • pp.219-236
    • /
    • 1999
  • This study is to acquire a thorough understanding of the S&T level of Korea to serve as an important basis for the government policy-making, and to make basic information available to effectively promote the National R&D Program by survey of the overall S&T level in Korea S&T level survey is a comparison to the highest levels in the world to the third 3digit of the technology tree table. And, survey of technological gaps by year, during which Korea is able to reach the current level of the advanced countries. The findings of the surveys should be applied to strategic technology Planning for solving or narrowing the technology gap, e the major criteria for resources allocation in National R&D programs. And, the findings of the surveys should be the fundamental information used to establish strategic S&T policy in government.

  • PDF

The Development of the Method of Determining Remaining Cited-patent Life Time Using the Survival Curve Analysis (생존곡선을 활용한 잔존 인용특허 수명 추정에 관한 연구)

  • Jun, Seung-Pyo;Park, Hyun-Woo;Yoo, Jae Young
    • Journal of Korea Technology Innovation Society
    • /
    • v.15 no.4
    • /
    • pp.745-765
    • /
    • 2012
  • When attempting to use the income approach for the purpose of technology valuation, it is essential to identify the economic life of the technology in question. From the mid-2000s up to the present, the methods proposed by major Korean institutions for estimating the economic life of technologies have been based on cited patent life (CLT), which is one of the types of technology life. The present study utilizes cited patent life (CLT) to estimate the economic life of technology for the purpose of technology valuation, and proposes a new method of analyzing cited patent life, a method that has been improved by taking into consideration the elapsed period and the time period of investment required for commercialization, two factors which have been hitherto overlooked. Survival curve analysis is a method that has already been widely utilized to estimate the economic life of tangible assets, and this study applies the same method to the calculation of the cited patent life index of technology to provide a more objective method for determining the lifetime of a technology. The remaining life expectancy of cited patent life based on the number of elapsed years was calculated and used to determine the life expectancy of a technology that has reached a specific number of elapsed years, which is referred to as the remaining cited-patent life time (r-CLT).

  • PDF

Quantitative Assessment of Nonpoint Source using the Basin Model (유역모형을 이용한 비점오염원의 정량적 평가)

  • Kwon, Heon-Gak;Kim, Dong-Il;Lee, Jea-Woon;Han, Kun-Yeun;Cheon, Se-Uk
    • Proceedings of the Korea Water Resources Association Conference
    • /
    • 2012.05a
    • /
    • pp.141-141
    • /
    • 2012
  • 비점오염물질은 강우 시 유출되기 때문에 일간, 계절 간 유출량 변화가 대단히 크게 나타나며, 기후, 지형, 토지이용, 토양 등과 지역적인 특성과 유역 형상에 따라 변화되므로 비점오염원 유출량에 대한 정량화를 위해서는 강우지속시간동안 정확한 수질과 유량에 대한 측정 자료가 요구된다. 따라서 본 연구에서는 비점오염물질에 대해 현장 모니터링 및 현장 실측 관련 기존 연구자료 수집을 통해 중분류 토지피복분류별 원단위를 산정하였다. 또한 특정 유역에 중분류 토지피복 분류별 산정된 원단위를 적용하여 유역기반의 비점오염부하량을 산정 하였다. 대상 유역에 해당하는 하천 말단에서의 실측 자료를 활용하여 유역모형을 구축하고, 강우를 입력 자료로 하여 비점오염 물질별 부하량을 모의 산정하였다. 유역모형으로 HSPF(Hydrologic Simulation Program - Fortran)을 실제 대상유역에 적용하였고, 이에 따른 모의 결과를 실측치와 비교하여 부하량을 산정하였다. 이렇게 모의 산정된 부하량은 실측자료를 기반으로 산정된 원단위의 적용에 따른 부하량과 비교 검토하여 유역에 대한 비점오염원 부하량 산정 시 모형의 적용 가능성을 평가하였다. 본 연구에 적용된 대상유역은 동천유역으로 병성천의 주요 지류로서 유역의 상단에 위치하고 있다. 중분류 토지피복 중 공업지역, 교통지역, 과수원재배지, 비닐하우스재배지, 기타재배지에 대해서는 2008년부터 2010년까지 모니터링을 실시하였고, 이외의 중분류 토지피복에 대한 결과는 수계별 현재까지 진행되고 있는 환경기초조사사업 중 '주요 비점오염원 유출 장기 모니터링'사업의 자료를 활용하였다. 동천유역의 비점오염원 발생부하량을 산정한 결과, BOD 부하량은 대지의 경우 391.4 kg/day로서 중분류 군으로 구분한 결과에 비해 높게 산정되었다. T-N, T-P 발생부하량도 토지피복군이 대분류에서 중분류로 변화됨에 따라 부하량의 차이가 발생 하였다. 또한 동천유역에 대해 구축된 HSPF 모형의 적합도를 시기별 4개의 Case로 구분하여 평가해 보았는데 그 결과, 모형 모의치의 실측치에 대한 적합도가 높게 평가 되었다. 현재 특정 지역에 편중되어 조사되고 있는 중분류 토지피복을 조사 기관간의 교차 조사를 통해 지역적 제한성을 낮추고, 중분류에 속하는 세부피복지점을 확대하여 모니터링 지점의 다양성을 확보하여야 할 것으로 판단된다. 이와 동시에 한시적인 조사가 아닌, 장기간에 걸쳐 연구가 진행 될 경우 원단위에 대한 현재의 불확실성 및 제한성을 줄일 수 있을 것으로 판단되므로, 이러한 기초 자료 확보에 대한 장기적인 투자와 노력이 수반될 시 우리나라에 대표적으로 적용할 수 있는 비점오염원 원단위가 산정될 것으로 생각되며, 이러한 기틀이 마련되어야 비점오염원에 대한 적절한 유역관리방안을 수립할 수 있을 것으로 생각된다.

  • PDF