• The Korean Journal of Financial Management
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• v.20 no.1
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• pp.331-339
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• 2003

We investigate long-run relationships between industry relatedness, operating performance, and stock performance after equity carve-outs(ECO). For homo-industry ECOs, 12-month CAR of subsidiary firms is 26.52% and significantly positive at the 5% level and BHAR is 22.19%. For hetero-industry ECOs, subsidiary 12-month CAR and BHAR are 35.14% and 39.64%, respectively, which are significant at the 1% level. On the other hand, long-run performance of parent firms is insignificant for any sub-sample. Excess operating performance of subsidiaries is significantly positive at the first year and insignificant thereafter. The lower the offering ratio is and the better the operating performance is, the better the subsidiary stock performance is. Unlike IPOs and SEOs, shareholders of subsidiaries benefit from ECOs and parent stocks do not underperform. Hetero-industry ECOs improving corporate focus are more effective restructurings than homo-industry ECOs.

• Journal of the Korean Institute of Landscape Architecture
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• v.36 no.3
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• pp.1-8
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• 2008

The purpose of this study is to understand the conflicts that occurred in the rural village's joint management project. This study examined the perception of conflicts among people working in agricultural related fields. A questionnaire survey was given to collected data from people who participated in nation-wide resrvice training course programs. The content of the questionnaire consisted of the factors of conflict in a rural village and the details recognized by general farmers. The data was collected from October 15 to 23, 2007. 206 samples were used for final analysis from a total of 240 samples. Frequency analysis and T-test between variables were conducted by SPSS 14.0. The results suggest that farmers have a negative perception of the business partnership. Proposal for business partnerships should be avoided because of the conflicts between partners. Accordingly, as farmers don't recognize that their joint project is a business partnership, the likehood of a conflict in the agricultural joint business operation and management is contained. Conflicts mainly exist between a village leader and villagers. The main reasons for conflicts are a lack of interest and lack of communal homogeneity, and lack of methodology to share the benefit of business. It will be necessary to understand the aspects of future conflicts in order to manage joint projects ill agricultural experience villages.

• International Commerce and Information Review
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• v.19 no.4
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• pp.53-74
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• 2017

There have been growing concerns that Korea's products keep losing their international competitiveness. It is necessary to restore strong muscles of manufacturing sectors. Together, efforts must be made to strengthen the competitiveness of service sector. While wide consensus has been reached on the necessity that Korea's service sector needs overhaul for stronger global competitiveness, it is rather difficult to witness any remarkable improvements. Insufficient performances might result from the protection of the captive markets by the interested parties. The research starts from the proposition that the introduction of MDP will bring down the barriers between the segmented services and promote competition. We provide theoretical analyses and report better performances of major countries which introduced MDP in their soils. Considering the reality, we propose that in the foreseeable future, a MDP in the areas of tax, law and accounting be introduced in Korea because these areas seem to create least conflicts of disciplinary duties due to public purposes. Broader MDPs in other areas may take some more time. There exist, however, some limitations. As MDP has not been officially introduced in Korea, it is almost impossible to directly compare the performances between the pre- and post-MDP in Korea. Data scarcity of business performances of companies also limits the study.

• 대학교육
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• s.149
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• pp.38-44
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• 2007

2007년 4월 1일 체결된 한미 FTA 협약으로 법률시장의 개방 또한 불가피해진 상황이다. 협정 발효 후 5년 내에는 완전 개방이 이루어져 미국 로펌과 국내 로펌 간 동업사업체 설립이 허용된 상태이다. 이러한 시점에서 로스쿨법이 지난 7월 국회 본회의를 통과하였다. 로스쿨법의 시행을 앞두고 우리 법률시장의 현황 및 특징을 알아보고, 법률시장개방에 따른 대응책을 검토해 봄으로써 로스쿨이 성공적으로 정착하기 위해서는 어떤 요건들을 갖추어야 하는지 살펴보기로 하자.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.9 no.6
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• pp.37-46
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• 2014

This study investigates the effects of the degree of preparation engaged in the related industry, and the amount of financial support program on R&D performance of technology based startup companies. This study seeks to discover the core variables that impacts most on business performance. However, it should be noted that the validity of such variables and their impacts on business performance can be contentious. The study sets hypothetical variables as following. Intensity of preparation of the startup company, amount of preparation and amount of work experience in related industry are independent variable. The amount of financial support program was selected as a moderating mediating variable. According to the results, the intensity of preparation had a positive relationship with R&D performance, as opposed to work experience of the founder having a negative relationship on R&D performance. The amount of support program had no significant relationship with R&D performance. Furthermore, there are negative modified effect between the amount of support program and work experience. And, there is no relationship modified effect between support program and work experience. Existing policies tend to lean heavily toward young entrepreneurs through support and guidance. The government has placed great emphasis on policies that aim to promote and create jobs for young individuals. The results suggest that the government should review their policies toward young technological entrepreneurs and that these entrepreneurs should prepare thoroughly before launching any startups.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.16 no.6
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• pp.157-175
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• 2021

This study categorized 3,214 companies out of the tech firms supported by the Korea Technology Finance Corporation's "technology guarantee scheme" through technology assessment from 2017 to 2019 into Fourth Industrial Revolution-related companies and general SMEs. The impact of the management characteristics of these 1,752 tech firms on the determination of high-growth firms was then empirically analyzed. This study used the OECD(2007) definition to define a "high-growth firm" as "an enterprise with average revenue growth greater than 20% per annum, over a two-year period." As the two sample groups showed non-normal distribution, this study conducted the Mann-Whitney U test, a nonparametric test, to analyze the mean differences and bivariate logistic regression in which the normality assumption is less stringent. The independent variables include fundamental characteristics; a regional dummy; a technological level dummy; and the capabilities of company representatives, human capital, and technological innovation. The corresponding sub-variables are representatives' level of education and experience in the same industry, full-time workers, research personnel, the extent of intellectual property rights, investment in research and development, firm age, total assets, region_metropolitan area, region_central region, technological level_high technology, and technological level_medium technology. As a result, the research hypothesis about representatives' level of experience in the same industry, full-time workers, total assets, and technological level_high technology was supported for the Fourth Industrial Revolution-related companies. For the general SMEs, the research hypothesis about representatives' level of experience in the same industry, research personnel, total assets, and region_metropolitan area was supported.

• IE interfaces
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• v.4 no.1
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• pp.35-46
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• 1991

The purpose of this paper is to present how to prepare pro forma manufacturing cost, and profit and loss statements using the historical data of the industry to which the project under consideration belong to. This approach is proposed because it is relatively simple compared with possible alternative methods. The approach proposed here can be used in countries other than Korean if relevant historical data is available. An example is shown.

• The tire
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• s.89
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• pp.20-26
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• 1980

80년대의 국제화를 지향하여, 일본 주요 타이어 메이커들은 "세계속에서의 기업성장" 이라는 적극적인 해외시장진출의 기업전략으로 설비투자의욕이 한층 왕성하기 시작하였다. 따라서 동업계내에서는 금년도 타이어부문의 과대한 설비투자는 제1차 석유파동후와 같이 공급과잉현상이 야기되지 않을까하는 염려마저 하고 있으나 향후 3년간의 타이어 수요신장을 예상하여 연평균 성장률을 감안한다면 과거와 같은 공급과잉현상은 없을 것으로 전망하고 있다. <편집자주>

• 한국IT서비스학회:학술대회논문집
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• 2003.11a
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• pp.270-274
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• 2003

제1금융권은 겸업화의 진전에 따라 업무적 측면의 전략적 제휴와 이를 지원하는 IT시스템 구축에 투자가 증대되고 있다. 본 논문에서는 W은행의 방카슈랑스 시스템 구축사례를 진단, 평가하여 시스템 아키텍쳐 구조와 보안 부문의 체계를 정립하여 제시함으로서 향후 동업계의 IT전략 자원의 활용성을 제고 시키고저 하였음.

• Journal of Korea Society of Industrial Information Systems
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• v.2 no.2
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• pp.131-142
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• 1997

급속하게 변화하는 현대적 경영 환경속에서 Web 기반 정보기술은 시장에 용이한 접근을 제공하고, 상품의 차별화를 창출하며, 비용 효율성을 제고하고, 또한 너무 비용이 많이 들어 엄두를 내지 못할 정도의 전환 비용 때문에 동업자나 고객들 간의 의존성을 증가 시킴으로써 기업의 경쟁우위를 성취하는데 적극 활용되고 있음을 보여주고 있다. 그러나 기존 정보시스템의 전략적 활용에 관한 연구는 기업 내부 프로세스의 통합을 통한 경영력 제고에 치중되는 경향을 보여왔으며 협력사간의 조직간 정보교류를 위한 정보인프라의 구축과 같은 조직간 정보시스템의 전략적 활용에 관한 연구는 아직 미흡한 실정이다. 따라서 본 연구는(1)포터91985)의 가치체인과 가치시스템 개념을 정보기술의 가치활동에서의 연계강도와 형태에 따라 분류하여 분석모형을 설정하고, (2) 경영전략의 운용과 혁신사이에서 다리를 놓아주는 학습도구로써 정보시스템 역할을 조직내 /외적인 정보 공유의 형태와 프로세스의 통합유형에 따라 정보시스템을 분류함으로써 (3) 각 부류에 속한 Web 기반 정보시스템의 전략적 의미를 사례연구를 통하여 재조명하는데 그 목적을 두었다.