• Journal of Information Management
• /
• v.40 no.4
• /
• pp.73-92
• /
• 2009

Generally, we used to provide ILL to users for overcoming the limited resource and satisfying user's desires for information. ILL makes library service's paradigm change from ownership to sharing. K-university Library has been providing Campus inter-library loan as ILL to users for long time and continually trying to improve the service's quality. This case study is to analysis the performance of campus inter-library loan in the past 9 years. As the related automation system was developed and upgraded, the service requests have been increasing annually. Campus inter-library loan requests were 12% of total book requests in 2001, and then were 75% of total book requests in 2008. The transaction time was reduced until 17% of 2004.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.15 no.6
• /
• pp.3564-3570
• /
• 2014

This study assessed the validity of establishing and implementing a financial supervisory policy considering that Mutual finance's increase in deposits received raises the rate of loans in the process that the recent financial supervisory authorities applied various regulatory measures to mutual financial organizations. As a result of the analysis with a least squares regression model for the correlation between the rate of increase in the deposits received by Nonghyup Mutual Finance and the default rate of loans through the complete enumeration on the 1,161 the regional Nonghyup branches nationwide from 2005 to 2011, showed that there was no (+) correlation between them the financial supervisory authorities premised but a (-) relation. As Nonghyup is a mutual financial organization with the phenomenon that the application plan of increased deposits received is becoming diversified, the increase in deposits received helps reduce the procurement interest rate of funds, which provides a chance to apply the low interest of loans again, so they have positive effects on the overall loans. Financial Supervisory authorities should re-establish a direction of policy understanding the characteristics of Nonghyup's fund use and the detailed correlation between the rate of increase in deposits received and the default rate.

• The Korean Journal of Financial Management
• /
• v.22 no.2
• /
• pp.213-226
• /
• 2005

Adverse selection is a heavily scrutinized subject within the financial intermediary industry. Consensus is reached regarding its effect on the loan interest rate. Despite the similar features of financial service offered by the credit card, we still have controversy regarding credit card interest rate on how is adverse selection incurred with the change of interest rate. Thus, this paper explores how does the adverse selection, if ever, take place and affect the credit card interest rate. Information asymmetry regarding the credit card users' type represented by the default probability is assumed. The users are assumed to be rational in that they want to minimize the per unit dollar expense associated with the commercial transaction and financing between the two typical payment methods, cash and credit card. Suppliers, i.e. credit card companies, would like to maximize their profit and would be better off with more pervasive use of credit cards over the cash. Then we could show that the increasing credit card interest rate is subject to the adverse selection, sharing the same tenet with that of the bank loan interest rate proposed by Stiglitz and Weiss. Hence the current theory predicts that credit card market also suffers from adverse selection with increasing interest rate.

• Journal of the Korean Society for Library and Information Science
• /
• v.57 no.3
• /
• pp.119-141
• /
• 2023

The COVID-19 pandemic has significantly changed the landscape of knowledge and information services that public libraries around the world have been providing since modern times. In particular, as social distancing has become routine, the contraction of cultural activities and the shift to online platforms have negatively impacted library visitation and use services, greatly reducing borrowing and reading, use of spaces and facilities, interlibrary loan services, program operations, and outreach services. Therefore, this study investigated and analyzed the current status of services provided by public libraries in Korea and abroad in response to COVID-19, and proposed practical ways to improve and expand services in response to COVID-19 based on the results of a survey of librarians' perceptions. Specifically, these include improving the online reservation system for reading and borrowing services and developing and providing various outreach services, acquiring and expanding electronic resources, expanding online program services (reading, culture, lifelong learning, etc.), strengthening library services for vulnerable populations, providing information portal services related to new infectious diseases, strengthening facilities and space provision services, preparing infectious disease response guidelines, and providing education and training to strengthen librarians' capabilities.

• KDI Journal of Economic Policy
• /
• v.32 no.4
• /
• pp.1-34
• /
• 2010

We conduct a comprehensive risk analysis of household debt in Korea for the first time using the whole sample credit bureau (CB) data of 2.2 million individual debtors. After analysing debt service capacity profiles of debtor groups classified by the borrower characteristics such as income, age, occupation, credit scoring, and the type of creditor business companies, we investigate the impact of interest rate and income changes on debt service-to-income ratios (DTIs) and default rates of respective debtor groups. Empirical results indicate that debt service burdens are relatively high for low income wage earners, high income self-employed, low income capital and card loan holders, and high income mutual savings loan holders. We also find that debtors from multiple financial companies are particularly weak in their debt service capacity. The scenario analysis indicates that financial companies, with the current level of capital buffers, may be able to absorb negative consequences arising from the increase in DTIs and loan default rates if the interest rate and income changes remain modest. However, the negative consequences may fall disproportionately on non-bank financial companies such as capital, credit card, and mutual savings banks, whose debtors' DTIs are already high. We also find that the refinancing risk of household debt is relatively high in Korea as more than half of household mortgage debts are bullet loans. As the DTIs of mortgage loan holders are already high, under the current DTI regulation, mortgage loans may not be readily refinanced especially when the interest rate rises. Disruptions in mortgage loan refinancing may put downward pressure on housing prices, which may in turn magnify refinancing risk under the current loan-to-value (LTV) regulation. Overall our analysis suggests that, for more effective monitoring of household debt risk, it is necessary to combine existing surveillance schemes based on macro aggregate indicators with more comprehensive and detailed risk analyses based on micro individual data.

• The Korean Journal of Financial Studies
• /
• v.6 no.1
• /
• pp.141-170
• /
• 2000

기업의 부실화과정에서 경영자는 그 누구보다도 먼저 부실화의 재무적 징후를 포착할 수 있을 것이며, 부정적인 정보가 외부에 누출되는 경우 발생할 수 있는 은행의 대출중단 등의 치명적 비용을 피하기 위하여 긍정적인 정보를 조작 유포시킬 강한 유인이 존재한다. 이러한 인식에 근거하여 경영자의 이익조절 가능성이 높아지는 기업부실화의 일정시점에서 기업부실예측의 현실적인 모형을 추정하는 데 본 연구의 목적이 있다. 본 연구에서는 부실기업에서 재무정보의 이익조절행위 가능성을 검증하기 위하여 1995년에서 1998년까지 부실화된 115개 상장기업들의 부실전 재무정보를 분석하였고, 총 20개의 재무변수와 그 변화율을 고려하여 부실예측모형을 추정하였다. 이러한 본 연구의 결과는 다음과 같이 요약할 수 있다. 첫째, 부실표본기업의 경우에 재무정보 상호간의 논리성이 와해되거나 크게 약화되어 경영자의 심각한 이익조절행위가 있는 것으로 추정되며, 수익성 정보에 집중되어 부실 2년전부터 심해지고 있는 것으로 나타났다. 둘째, 경영자의 이익조절행위로 인해 논리적 상관관계가 와해되지 않은 재무정보들은 부실예측에 대한 설명력을 갖고 있으며, 본 연구에서 9개의 재무변수로 추정한 부실예측모형은 부실 1년전 80%의 우수한 예측력을 보여주고 있다.

• Journal of Digital Convergence
• /
• v.18 no.2
• /
• pp.235-247
• /
• 2020

The Mutual Financial Cooperatives(MFCs) in Korea need to make efforts to increase efficiency and productivity in order to secure stable and sustainable growth and competitiveness. Therefore, this study analyzes the efficiency and productivity of MFCs from 2012 to 2018 and suggests some implications. The methodology employed is a Dynamic-Network Slacks-Based Measure(DNSBM) Model. The findings from an empirical study include that first, on average efficiency scores of the institutions, NH(0.225) showed the highest overall efficiency, and followed by SH(0.128) and MG(0.126). After 2015, most of the MFCs' efficiency scores had risen until to 2018. Second, in divisional analysis, the inefficiency in creating the high profitability-stage had been greater than establishing-funds-stage. Third, in projection analysis of Division 2, the inefficiency of the output factors such as interest income and operating income was severe. Fourth, the results from the Malmquist Productivity Index analysis of Division 1 of the fist-stage illustrate that all three MFCs showed minus catch-up effects. Also, a soundness from reducing bad loans and expansion of loans in combination with generating various ways of creating profits besides the interest income is urgently needed for Korean MFCs.

• Journal of the Korean Society for Library and Information Science
• /
• v.32 no.2
• /
• pp.143-167
• /
• 1998

This study is to evaluate whether economies of scale exist in four categories of university libraries in the Korea. Regression analysis is used to fit a log-log equation to the total budget-output (total circulation, interlibrary lending and borrowing, reference transactions, hours opened, volumes added, automation and information indicator) for all the types of libraries. In results of the analysis, returns to scale are almost constant in the national and public libraries and larger libraries. But there is presence of economics of scale in private libraries and all of the libraries. Except for hours opened, economies of scale decrease more rapidly.

• 주택과사람들
• /
• no.3 s.20
• /
• pp.33-36
• /
• 1992

[ ${\circ}$ ] 건설부는 성수기의 골재 부족 현상과 비수기의 골재생산업체의 경영난을 해소하기 위하여 골재비축계획을 마련하였음. -골재수요는 건설경기의 계절성으로 인하여 변동폭이 큰 반면 골재공급은 주문생산성 및 비탄력성으로 매년 성수기에 골재 부족현상이 나타나고 있으며 -골재생산업체는 비수기의 골재수요 감소로 조업의 중단 또는 단축이 불가피하여 유휴장비${\cdot}$인력의 발생으로 경영의 비효율성 초래 -따라서 비수기의 골재를 비축하므로서 ${\cdot}$ 골재수요를 창출하여 골재생산업체의 유휴장비와 인력의 활용이 가능하게 하여 경영의 어려움을 해결하고 ${\cdot}$ 비축골재를 성수기에 방출하여 골재부족현상에서 오는 골재가격의 상승과 부실공사를 방지하고자 함. ${\circ}$ 골재 비축 계획의 주요내용을 보면 -골재 비축자금 : 국민주택기금 100억원(연리 $10{\%}$ -비축자금 대여대상 : 1) 신도시 건설에 참여한 주택건설등록업자 중 현장에 배처플랜트 설치업체 2) 수도권 소재 KS 레미콘 생산업체 3) (주)한국골재산업 -자금대출공고 : ''91. 11. 25${\~}$''91. 11. 30(주택은행) -대상업체 선정 : ''91. 12. 1${\~}$''91. 12. 5(한국주택사업협회, 레미콘 공업협회 및 조합, (주) 한국골재산업이 상호 협의하여 결정) ${\circ}$ 예상 비축량은 매사 1,000천${m^{3}$로 동일조건 일괄공동계약 방식에 의해 12월${\~}$2월에 구매하여 5월${\~}$6월과 10${\~}$11월 성수기에 방출할 예정임.

• Journal of Korean Library and Information Science Society
• /
• v.51 no.3
• /
• pp.197-221
• /
• 2020

This study aims to compare the statistical indicators of libraries of 57 Korean universities and 116 North American universities using Rinfo and ARL statistics respectively. The authors compared twelve similar statistical indicators and found that North American academic libraries were superior in 'volumes in library', 'electronic books', 'total staff', 'total library materials expenditures', 'total items borrowed', 'total items loaned', 'library presentations to groups', and 'participants in group presentations', compared to Korean academic libraries. Although Korean academic libraries showed higher numbers in 'annual gate count', 'reference transactions', 'initial circulations', and 'full-text article requests', there exist some differences in definitions and scopes of these indicators between Rinfo and ARL, needing cautious interpretation of results. The findings of the study imply the needs of expanding support for academic libraries that play pivotal roles in increasing competitiveness of teaching and research of universities. It was also found that systematic management and improvement for statistical indicators of Rinfo are necessary.