• Title/Summary/Keyword: 기업투명성

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Possibility of Debt Financing by Korean Entertainment Companies : Case of SM Entertainment and YG Entertainment (한국 엔터테인먼트 기업의 부채금융 가능성 탐색 - SM엔터와 YG엔터 사례를 중심으로)

  • Kim, Daewon;Kim, Seongcheol
    • The Journal of the Korea Contents Association
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    • v.14 no.10
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    • pp.227-236
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    • 2014
  • The purpose of this paper is to explore the possibility for Korean entertainment companies to enter into debt financing. In particular, this study focuses on the possibility of issuing corporate bond and the asset backed securities (ABS) by two leading entertainment companies in Korea: SM Entertainment (SM) and YG Entertainment (YG). Depth interview with specialists such as investment bankers (IB), bond brokers, and financial directors and executives in entertainment companies was done. The results show that IB's opinion on issuing corporate bonds by SM and YG is positive. However, they may need to meet four requirements including maintaining stable cash-flow, diversifying sales source, enhancing accounting and legal transparencies and verifying managerial capabilities. In addition, Psy' s 'Gangnam style', his global hit song, turns out to have high potential as a base asset for ABS.

Spring Framework based Integrated Support System for Assets and Insolvency Prediction in the Cloud Computing (클라우드 환경에서 스프링 프레임워크 기반의 자산 및 부실예측 지원시스템)

  • Ye, Jaeyun;Kim, Jaechun;Chung, Mokdong
    • Proceedings of the Korea Information Processing Society Conference
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    • 2014.11a
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    • pp.699-702
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    • 2014
  • 본 논문은 스프링 프레임 워크를 이용한 클라우드 환경에서의 자산 및 부실예측 지원시스템을 제안한다. 제안된 시스템은 자동화된 통합인증 및 접근제어 시스템으로서 각기 독립된 모듈에서 처리된 데이터를 기초로 거래관리 모듈로 통합하여 자산 및 부실예측을 평가하고 지원시스템의 데이터의 기법을 다른 모듈과 공유함으로써 자산의 부실채권을 이용한 회수를 관리하여 효율성을 높인다. 또한 제안 시스템은 클라우드 환경에서 운영되므로 정보화를 통한 경영혁신 및 경영정보를 활용한 리스크 관리 시스템을 처리하는데 목적을 둔다. 따라서 제안하는 시스템은 고객과 기업의 전략경영 등의 기능을 강화하여 업무투명성, 비용절감, 고객 접근성이 기존시스템보다 효율적으로 사용될 것으로 기대된다.

Integrated Support System for Assets and Insolvency Prediction based on Cloud Computing (클라우드 기반 자산 및 부실예측관리 통합 지원시스템)

  • Kim, Jaechun;Chung, Mokdong
    • Proceedings of the Korea Information Processing Society Conference
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    • 2013.05a
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    • pp.846-849
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    • 2013
  • 본 논문은 클라우드 기반 자산 및 부실예측관리 통합 지원 시스템을 제안한다. 제안된 시스템은 자동화된 통합인증 및 접근제어 시스템으로서, 각기 독립된 모듈에서 처리된 데이터를 기초로 거래관리 모듈로 통합하여, 자산 및 부실예측을 평가하고 통합지원 시스템의 데이터 및 기법을 다른 모듈과 공유함으로써 자산 및 부실채권 회수 및 관리의 효율성을 높인다. 또한 제안 시스템은 클라우드 환경에서 운영되므로 정보화를 통한 경영혁신 및 경영정보를 활용한 리스크관리 시스템을 처리하는데 목적을 둔다. 따라서 제안하는 시스템은 고객 및 기업의 전략경영 등의 기능을 강화하여 업무투명성, 비용절감, 고객 접근성이 기존시스템보다 효율적으로 사용될 것으로 기대된다.

Organizational Culture Difference of Social Enterprises and Commercial Enterprises, and Impact Relations on Social and Economic Outcomes (사회적기업과 영리기업간 조직문화차이와 조직성과에 미치는 영향)

  • Kim, Mi-Hwa;Lee, Yong-Jae
    • The Journal of the Korea Contents Association
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    • v.16 no.12
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    • pp.667-676
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    • 2016
  • The purpose of study was to determine the differences in organizational culture between social enterprises and commercial enterprises and assess the impact on organizational performance in Korea. Main results are as follows. First, Social enterprises employ a lot of low-imcome women and the elderly worker. Second, rational culture is high in profit businesses, but cultural group is high in social enterprises. In commercial enterprise, productivity and efficiency, planning and goal setting, assessing goals and looking for the evaluation of the performance are important. and in social enterprise, affinity and participation, employees individual development and group morale and cohesion, emphasis on mutual cooperation and trust are important. In addition, both social performance and economic performance, social enterprises are higher than in commercial enterprises. Social enterprises are operating transparently based on workers participation and understanding is expected that economic performance is also highly recognized. Third, social performance is higher development and group culture are higher in commercial enterprises, and development, group and hierarchy culture are higher in social enterprises. Economic performance is higher reasonal culture is lower in commercial enterprises, and group culture is higher in social enterprises. Therefore, the social enterprise workers are recognizing social and economic performance are higher than commercial enterprise workers. In short, social enterprises is making discriminatory organizational culture, and this is contributing to achieving organizational performance.

The Effect of Portal Search Intensity on Stock Price Crash (포털 검색 강도가 주가 급락에 미치는 영향에 관한 연구)

  • Kim, Min-Su;Kwon, Hyuk-Jun
    • The Journal of Society for e-Business Studies
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    • v.22 no.2
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    • pp.153-168
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    • 2017
  • Recent studies focus on the role of investor attention and transparency in stock-related information in explaining stock return and trading volume. Moreover, recent literatures predict that firm opacity will increase the likelihood of future stock price crashes. In this paper, we investigate, using Naver Trend, the relation between portal search intensity and stock price crash. Using various alternative measures of stock price crash risk and search intensity, we demonstrate that stocks with larger volume of portal search are less likely to experience stock price crashes. These results are consistent with our hypothesis that accumulated firm opacity cause future stock price crash. Finally, our results still hold even after we control for the potential effect of endogeneity in the regression specifications.

Implementation of Web services for Slip Data Process (전표데이터 처리를 위한 웹서비스 구현)

  • 황의철;정민영;정선태
    • The Journal of the Korea Contents Association
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    • v.3 no.2
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    • pp.57-64
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    • 2003
  • A Web Service is an URL addressable set of functionality that is exposed over a network to serve as a building Hock for creating distributed applications. SOAP is a protocol that Web Service consumers often use, when they request and response to a Web Service, and it is a lightweight, XML-based protocol over HTTP for exchange to information in decentralized, distributed environments. A Web Service is very useful forimplementing common functions in especially a large size business area, because it is invoked by a protocol like HTTP or SOAP that we easily use, and by an XML-based data format In this paper, we implement Web Services that process dip data by computers in enterprise accounts in order to enhance the transparency and productivity of enterprises. we analyse the structure of slip data, design dip database, implement stored procedures for manipulating data of slip database, and make thorn controlled by Web Services. The result of this paper will contribute to the standardization and activation of accounting process systems for e-business area.

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The Effect of Startups' Trust in Government R&D Policies on Innovation Performance (벤처기업의 정부 R&D정책에 대한 신뢰가 혁신 성과에 미치는 영향)

  • Kim, Deokyong;Bae, Sung Joo
    • Journal of Technology Innovation
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    • v.29 no.4
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    • pp.95-124
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    • 2021
  • Startups play an important role in economic growth and job creation in niche markets, thus governments regularly expand their research and development(R&D) budgets accordingly. As stratups are more dependent on governments to compensate for insufficient resources and capabilities than large and medium-sized companies, trust in government policies will be important. In this study, we analyzed the impact of startups' trust in government R&D policies on innovation performance. There were three major results. The first result is that government R&D investments in startups increase innovation performance in the manufacturing and high-technology industries but did not affect other industries. The second result is that trust in government R&D policies increased innovation in high-and medium-high technology and manufacturing industries. The third result is that trust in government R&D policies affects innovation before, during, and after evaluation of support process. We analyzed the importance of trust to the effectiveness of government R&D support to determine how to effectively provide it. The results show that governments need to differentiate the types of R&D support they provide according to the target firm's technology level and whether they are a manufacturing company and that appropriate R&D support mechanism should be developed for low-technology and non-manufacturing companies. Finally, governments should allocate resources and make fair and transparent decisions to help companies grow, not to better supervise them.

Evaluating the Governance of the Policy of Upgrading a Metropolitan Industrial Cluster : the Case of Seongseo Industrial Complex in Daegu (성서산업단지 활성화 정책의 거버넌스 특성과 평가)

  • Lee, Kyung-Min;Lee, Chul-Woo
    • Journal of the Korean association of regional geographers
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    • v.13 no.5
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    • pp.509-525
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    • 2007
  • The aim of this study is to evaluate the governance system involved in the policy of upgrading the Seongseo industrial complex in Daegu city. The governance system was evaluated by four indicators; social legitimacy, reliability, expertness, and transparency. The major findings of this study are summarized as follows. It is expected that the Seongseo industrial complex upgrading policy would accelerate to upgrade the industry structure and competitiveness of the cluster. However, the firms of the cluster have a Question of reliability to the actors of initiating the policy. In this context, to raise the trust level the policy needs to turn towards making the communication channel among the stake-holders of the cluster more democratically and horizontally. It is also problematic to reveal the low degree of expertness of the policy's decision makers, the fragmented system of policy operation and a lack of information. Consequently, the policy is required to improve the transparency on the policy-making process, and to activate the participation of professional groups and civil society.

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Implementing Jewelry B2B E-Commerce : A Case of Jewelry Korea (귀금속 소비재 분야 B2B 전자상거래 연구 : 쥬얼리코리아의 사례)

  • 김도연;이영재
    • Proceedings of the Korea Database Society Conference
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    • 2001.11a
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    • pp.515-525
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    • 2001
  • 글로벌 시대에 있어서 우리나라 귀금속 분야의 국제적인 경쟁력을 높이기 위해서는 전자상거래를 도입하여 유통경로를 간소화하고 거래의 투명성을 확보하는 것이 필수적이라 할 수 있다. 이는 각 기업의 경쟁력제고 및 소비자를 보호할 수 있으며, 국가 자원 관리적 측면에서도 효율성을 기할 수 있을 것이다. 이러한 관점에서 본 논문에서는 귀금속 소비재 분야의 B2B 전자상거래 모델을 쥬얼리코리아의 사례를 통해 제시하였다. 쥬얼리코리아는 귀금속 소비재 부문의 e 마켓플레이스를 구성하여 귀금속 생산업체가 각각 독립적인 입점업체로 참여하고, 국내 소매상과 해외바이어가 구매자로 참여하여 기존의 메이커(제조업체)-도매상-중상인-소매상의 4 단계 유통경로를 축소하여 각 생산업체에서 소매상간 직거래가 가능하도록 하는 것이 핵심이다. 여기에 금, 나석 등 원자재 공급업체와 각종 설비 및 기계장치의 공급업체, 귀금속 제조관련 교육기관, 여행사 등이 참여하여 다양한 제품 정보와 서비스를 제공함으로써 기존의 폐쇄적인 유통체계와 정보체계를 해소하고 귀금속의 종합적인 정보창고로서의 역할도 수행한다. 또한 해외바이어 정보와 Inquiring 정보, 해외쥬얼리쇼정보 등을 제공함으로써 해외시장 개척과 수출 증대에도 기여한다.

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An Analysis of the Efficiency of the Global Logistics Industry with Data Envelopment Analysis and a Tobit Model (세계 물류산업의 효율성에 관한 연구)

  • Park, Woo-Ram;Kwon, Oh-Kyoung;Tongzon, Jose
    • Journal of Korean Society of Transportation
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    • v.26 no.5
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    • pp.41-49
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    • 2008
  • According to the demand for services. a single point contract between a user and provider spreads over the industry, and the relationship between them is a main issue. The user wants to make a deal with the contributor which can provide the effective services to the user. This study is to estimate the efficiency of global logistics industry with Data Envelopment Analysis, by nations from 2001 to 2005. Furthermore, it tries to estimate the inefficiency affected by macro factors, and proves the association between them using Tobit model. Global logistics industry has made growth both externally and internally more than doubled for the last 5years. Technical inefficiency of global logistics industry is more influenced by pure technical inefficiency than inefficiency of scale. Therefore technical efficiency can be increased by decreasing pure technical inefficiency. Through this study, it found that the logistics industry got influenced to its efficiency by high price of oil, and courier and transportation service market is formed stably. Furthermore, it advocates policy planners to consider effectiveness and clearness of policy which influence to inefficiency of logistics industry. Also, it found that labor and financial support can give critical effect.