• Korean Journal of Construction Engineering and Management
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• v.5 no.6 s.22
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• pp.179-190
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• 2004

Present private infrastructure investment in SOC investment has increased up to $11\%$ compared to the year 2003 and it is expected to increase in the future. In spite of its rapid increasement we don't have definite standard or system on distinctly presented rate of return for domestic private infrastructure investment yet, and practical and scientific research is not sufficient, compared to its necessity and importance. Hence, in this study we tried to build theories systematically, which are related to rate of return of private infrastructure investment to promote SOC private infrastructure investment to last successfully and present the proper level of rate of return of private infrastructure we investment appropriate in domestic situations through diverse analysis. Therefore, to present reasonable rate of return, we used 5 methods: existing research analysis, case study, financial index analysis, analysis of investors rate of return, and analysis of rate of return in a real estate market. After comparing and analyzing these methods, Ive presented in the end the appropriate level of rate of return of private infrastructure investment, which can be applied in a domestic market.

• Korean Journal of Construction Engineering and Management
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• v.5 no.6 s.22
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• pp.162-169
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• 2004

The purpose of this study is to analyze the factors Influencing profitability of pension business. for this purpose, the research method include questionnaire survey and multiple regression analysis. The results of this study are as follows (1) the factors influencing profitability includes location, operation method, building type, distance, environment, theme in descending order (2) a regression equation to predict profitability is suggested.

• Information Systems Review
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• v.12 no.1
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• pp.165-188
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• 2010

Recently public and finance SI (system integration) industry is called as 4D (difficult, dangerous, dirty, dreamless) industry because of low profit, overtime works and poor motivation of employees. Even some people think at SI industry to be a labor intensive industry instead of a high technology industry. The current study considers outside environmental change of SI industry as well as inside capability enhancement of SI companies. The study adopted action research method with the author's expertise and experiences as a head of a major SI company in Korea. The current research framework suggests 5 areas of profitability enhancement that offers propositions and implications. 5 areas of profitability enhancement are (1) policy improvement, (2) business portfolio innovation (3) sales capability reinforcement, (4) delivery capability reinforcement, and (5) cost management innovation. The five areas include 11 propositional factors and 21 implementation plans which were chosen from the profitability perspectives of SI companies.In order to successfully execute propositions and implementation plans of the framework, 3 years is needed and after 3 years profitability are expected to increase 10% higher than the current level. The framework, propositions and suggestions in this study are expected to offer a real contribution for SI companies that want to enhance competitiveness and profitability. Future extension of the current study to benchmarking the competitiveness and profitability between local companies and global companieswill bring a solid attention from industry and academics.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.278-283
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• 2006

Koran Government introduced BTL(Build-Transfer-Lease) to provide convenience through early supplying infrastructure and plans to invest 8,315million dollar to 84 projects of 15 BTL type involving official residence and railroad. But some of construction company hates to invest BTL projects because of its low earning rate. In addition if we correctively apply project which partly has profitability to BTL, the earnning rate declines more seriously. So this paper presents BTL+BTO model which operates BTL in the non-profitable parts to improve convenience of users and BTO in the profitable parts to improve earning rate. BTL+BTO model based on operate period was presented and its suitability was confirmed by applting 00 region official residence project.

• Korean Journal of Construction Engineering and Management
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• v.8 no.2
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• pp.127-135
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• 2007

Markets for the apartment remodeling projects will be a major portion of the construction industry in near future. However, only partial remodeling works in the apartment were done so far. This situation caused bad impact to expand the remodeling markets and less profits of the remodeling projects. In order to solve this problem, many other researches were done previously to Improve profits of the apartment remodeling projects. However, the results are too theoretical to implement them and Improve profits. In this research, profitability influence factors that are possible to improve effect of the remodeling works are selected and analyzed through several studies. Then, correlation analysis is performed between the improvement level in the remodeling projects and the numerical profitability based on actual cases. The result clearly shows that some improved remodeling items are strongly related to the profit. These results lead us to the strategy to follow for the purpose of increasing profits of the remodeling projects.

• Vending industry
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• v.10 no.2
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• pp.91-93
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• 2010

요즘 국내 캔자판기 운영사업을 펼치는 음료업체 경기도 좋지 못하다고 한다. 음료업체 입장에서는 장비를 우수 로케이션을 대상으로 무상으로 렌탈하는 경우가 많기 때문에 투자에 버금가는 수익이 나와 줘야 하나 현실은 그렇지 못한 경우가 많다. 물론 현행 캔자판기의 마케팅 구조상 해당음료사의 음료 홍보나 브랜드를 제고하는 효과를 제일 중시해야 할 것이다. 과거만 해도 이런 점 때문에 음료업체들이 캔자판기 운영사업에서 적자가 난다고해도 공격적인 투자를 불사하는 경우가 많았다. 하지만 이제는 캔자판기 운영사업의 효율과 수익성이 점점 중시되고 있다. 수익이 나지 않는 사업에 많은 투자를 할 수 없다는 분위기가 가중이 되고 있는 것이다. 따라서 이제 캔자판기 사업이 발전하기 위해서는 캔자판기 운영사업의 수익성을 제고시킬 수 있는 방안들이 적극 강구될 필요성이 있다. 이에 있어선 많은 방법들이 있겠지만 기존 업체 위주의 운영방식에서 개인사업 위탁화하는 방안도 검토해 봄직하다. 일본에서는 이미 오래 전에 이러한 시도가 있었다. 음료업체나 운영업체에서 자사 퇴직자를 활용해 개인사업 위탁화하는 방법인데 나름대로 장점이 커보인다. 국내는 음료업체가 직영하는 비중보다는 기계를 임대한 운영업체의 운영비중이 높다. 따라서 우리 현실에서는 중소 운영업체가 이 제도의 활용가치가 높아 보인다. 하지만 음료업체에서도 개인을 대상으로 이런 위탁화 사업을 확대하는 방안을 모색한다면 캔자판기 사업 확대의 새로운 전기를 맞을 수도 있을 것이다. 어떻게 이 제도를 활용하느냐에 따라 자판기 운영효율 향상의 새로운 국면을 모색할 수도 있는 것이다. 과거 일본에서 시도되었던 캔음료자판기의 개인 사업 위탁화의 한 사례를 국내 현실에 맞게 응용한다면 캔자판기 운영효율을 제고하는 대안이 나올 수 있지 않을까 생각된다.

• 월간산업보건
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• s.366
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• pp.4-7
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• 2018

산업보건사업은 사업장 외부 민간 기관 중심으로 이루어지고 있으며, 대부분 사업장에서는 전문산업보건기관에 위탁형태로 보건관리가 이루어진다. 민간기관의 수익사업으로 사업장 외부에서 제공되는 위탁 운영형태는 자본과 인력이 취약한 초기에는 빠르게 산업보건사업이 자리 잡을 수 있었다.

• The Korean Journal of Financial Studies
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• v.12 no.1
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• pp.19-44
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• 2006

프로젝트 파이낸싱은 프로젝트 자체의 사업성과 프로젝트 현금흐름에 근거하여 발생하는 수익을 담보로 사업자금을 차입하고 운영 시 발생하는 수익으로 대출금을 상환하는 재원조달방식이다. 이 금융기법은 주로 광산 및 천연자원개발 사업에서 수 백년동안 이용되어 왔으며, 우리나라의 경우는 대규모 SOC민간투자사업에서 주로 활용하고 있다. 최근 우리나라 SOC민간투자사업에서는 기존에 정부와 민간사업자간에 체결하였던 실시협약 상의 재원조달 구조를 새롭게 변경하거나 유리한 금융기법을 이용하는 사례가 빈번히 나타나고 있다. 본 연구는 우리나라에서 프로젝트 파이낸싱 기법으로 어떻게 SOC민간투자사업에 투자하고 있는 지 분석하고 현황을 파악하였다. 또한 민간투자사업의 자본구조와 Refinancing의 발생사유를 분석하였으며, 광주제2순환도로, 신공항고속도로, 천안논산고속도로 민간투자사업에서 Refinancing 사례도 분석하였다. 그리고, Refinancing에 대한 효과가 어느 정도 인지 측정을 하였다. 결론적으로 Refinancing 효과가 사업에 대한 수익성을 높이는 효과와 부채비율이 높아져 운영위험이 증가하는 것을 실증적으로 보여주었다.

• 지역과문화
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• v.8 no.4
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• pp.23-42
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• 2021

This article examines the legal measures to establish the financial independence of the Local Cultural Centers(LCCs) by the revision of Promotion of Local Cultural Centers Act(PLCC Act) to allow profit-making activities of LCCs. For the past 70 years, LCCs have been the core of local culture, but they have not been financially independent and have survived through government subsudues and support funds. Its weak financial structure that depends on the subsidies makes it difficult to carry out the essential business and threatens sustainability. Legally, LCCs are special corporations which established in accordance with the PLCC Act, and their legal status and functions are stipulated in accordance with the laws governing their establishment. The current PLCC Act does not stipulate that the LCC may conduct profit-making business other than the essential business. However, compare to the other special corporations which established by their own legislatives, it is understood that the PLCC Act can also provide regulations related to the profit business of LCCs. This article presents legal drafts for PLCC Act and suggests other necessary discussions for financial independence of LCCs.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.606-609
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• 2008

Traditionally, the feasibility of the private investment is determined by NPV(Net Presented Value) based on DCF(Discounted Cash Flow) and the volume of government's subsidiary without quantifying the effect of overturn share ratio and MRG(Minimum Revenue Guarantee), these variables which can seriously effect on the economic feasibility. One of the most important reasons why these variables are not underestimated is that the quantifying methods are insufficiently or so complicatedly studied to apply practically the real project. Therefore, this study suggests the modified binominal option model to estimate the overturn share ratio and MRG and estimates how much these variables impact the private investment. Also, these results are helpful to estimate how much the government's subsidiary can be reduced.