• Knowledge Management Research
• /
• v.24 no.2
• /
• pp.211-240
• /
• 2023

The purpose of this study is to analyze empirically the effects of changes in policies of the construction industry on the entry and exit in the construction industry and to present the direction of changes in construction industry policies based on the analysis results. The purpose of this study is also to present by analyzing the factors influencing the increase and decrease of builders in the actual construction market. The results of the survey indicate that for general contractors in Daegu and Gyeongbuk, which are mostly small and medium-sized construction companies, the strengthening of registration standards (capital, technicians, etc.) has a significant impact on market entry and exit. However, on the other hand, many of the construction policies implemented to eliminate unqualified contractors in the construction market have had the effect of increasing the number of unqualified contractors. This suggests that construction policies in the construction cycle have not achieved their objectives.

• Journal of the Korea Convergence Society
• /
• v.10 no.11
• /
• pp.345-352
• /
• 2019

This paper examines the opportunistic behavior of corporate insiders and analyzes the relationship between equity change and the possibility of delisting. The findings are summarized as follows. First, the larger the stake reduction of insider, the greater the negative excess return after announcement. In the delisting firm group, there is a significant decrease in equity and statistically significant results in the difference test between the comparative groups. The logistic regression analysis showed that the regression coefficient of equity change was negatively statistically significant, indicating a significant correlation between insider share change and the possibility of delisting. These findings are expected not only to provide useful information for investors, but also to be evidence of capital market information asymmetry.

• Journal of Digital Convergence
• /
• v.17 no.10
• /
• pp.141-147
• /
• 2019

This paper analyzes the price movements and the possibility of delisting by research and development intensity of firm which made technological innovation disclosure in the Korean stock market. The sample consists of firms listed on the KRX which made technological information disclosure between January 2002 and December 2014. The results are summarized as follows. The higher R&D intensity is observed for the delisted firms group. The logit regression result shows that the research and development intensity is a significant predictor of the possibility of delisting. This shows that exposure to the risk of delisting may increase as the proportion and uncertainty of intangible assets in the assets of individual firms increases. This empirical result is expected to serve as a good guide line for the stakeholders.

• KDI Journal of Economic Policy
• /
• v.25 no.2
• /
• pp.3-53
• /
• 2003

Using the plant level panel data on Korean manufacturing during 1990-98 period, this study tries to assess the role of entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. Main findings of this study are summarized as follows. First, plant entry and exit rates in Korean manufacturing seem quite high: they are higher than in the U.S. or several developing countries for which comparable studies exist. Second, in line with existing studies on other countries, plant turnovers reflect underlying productivity differential in Korean manufacturing, with the "shadow of death" effect as well as selection and learning effects all present. Third, plant entry and exit account for as much as 45 and 65 percent in manufacturing productivity growth during cyclical upturn and downturn, respectively. The findings of this study show that the entry and exit of plants has been an important source of productivity growth in Korean manufacturing. Plant birth and death are mainly a process of resource reallocation from plants with relatively low and declining productivity to a group of heterogeneous plants, some of which have the potential to become highly efficient in future. The most obvious lesson from this study is that it is important to establish policy or institutional environment where efficient businesses can succeed and inefficient businesses fail.

• 해운
• /
• no.8 s.7
• /
• pp.20-23
• /
• 2004

국제해사기구(IMO)는 2003년말 단일선체 유조선의 이중선체요건을 강화하기 위해 MARPOL 부속서 I의 13G를 개정했다. 이 개정협약의 목적은, 단일선체 유조선을 시장에서 조기에 퇴출시키는데 있다. 이에 따라 해양수산부는 동협약의 국내수용을 위해 해양오염방지법령의 개정을 추진하고 있다. 다음은 관련협약의 주요내용과 국내수용 방향을 정리한 것이다(편집자 주)

• Product Safety
• /
• s.212
• /
• pp.13-13
• /
• 2011

• 월간 기계설비
• /
• s.153
• /
• pp.17-21
• /
• 2003

• Environmental and Resource Economics Review
• /
• v.18 no.1
• /
• pp.1-22
• /
• 2009

The primary purpose of ITQ (individually transferable quota) is to reduce the overcapitalization problem in the open-access fishery. It has been argued that the least cost-efficient vessels under ITQ may exit first from the fishing by selling their quotas, thereby also reducing the excess capital. The purpose of this paper is to provide a case when ITQ may prompt the exit of less cost-inefficient vessels in the presence of irreversible exit cost which is proportional to the cost-inefficiency. Real option model is adopted in order to analyze the source of hysteresis associated with fishery exit decision. By linking the interaction between vessels' adjustment costs, cost-efficiency of harvest and uncertainty of fishery return, we show that cost-inefficient vessels will not exit always first from the fishery in contrast to the conventional wisdom. Relevant policy implications is discussed.

• The Korean Publising Journal, Monthly
• /
• s.253
• /
• pp.28-28
• /
• 1999

현재 투자 요구에 정확하게 부응하는 내용의 책을 펴낸다 하더라도, 시장 특성을 이해하고 뉴미디어와의 경쟁을 고려한 과학적 마케팅이 도입되지 않으면 곧 투자의 외면을 받거나 서가에서 퇴출당하게 마련이다.

• Vending industry
• /
• v.8 no.3
• /
• pp.28-35
• /
• 2008

사례 1>> 요즘 점포 앞 같은 아웃도어 로케이션은 경품을 뽑은 크레인게임기 일색이다. 과거만 해도 자동판매기가 설치되었던 로케이션에서 자판기는 퇴출되고, 크레인게임기가 자리매김한 곳이 많다. 자판기가 설치되어 있는 곳 중에서도 장사도 안하고 흉물스럽게 방치된 로케이션이 많다 사례 2>> 서울에서 자판기 전문점을 운영하는 S씨. S씨 사무실에는 근무하는 사람이 달랑 3명이다. 아내가 경리 및 관리를 맡고 있고, 계약직 직원 한명이 자판기 운영관리를 담당한다. S씨는 간혹 가다 있는 실수요 판매를 진행할 정도이고, 방판 영업은 중단한지 오래이다. 과거 4년여 전만 하도 영업사원을 5명 거느리고 있었지만 시장이 죽자 방판조직을 없애 버린 것. 메이커 전문점의 간판을 걸어 놓고 한 달에 1-2대 기계를 판매하고 있을 뿐이다. 사례 3>> 기자가 취재를 위해 과거 자판기 판매 영업을 잘하기로 유명했던 모유통점 사정에게 연락을 했다. 그러나 그에게 들여오는 말은 실망스러웠다. "이제 자판기 사업은 안하는데요." 자판기 시장이 극도의 침체를 보이다 보니 자판기 영업을 포기하고, 다른 아이템 분야로 사업을 바꿨다. 위의 사례들은 우리 아웃도어 자판기들이 처한 현실을 여실히 보여 준다. 과거만 해도 아웃도어 자판기들은 방문판매 영업의 주 타깃시장으로 자판기 시장 활성화에 중추적인 역할을 했던 게 사실이다. 하지만 시장은 급격하게 몰락을 하여 비전을 잃어버린 시장이 되었다. 아웃도어 자판기들은 하나하나 사라지고 있으며, 자판기 방문판매 시장은 거의 명맥만 이어가고 있을 정도로 심각한 상황이다. 어쩌다 시장이 이렇게 되어 버린 걸까? 자판기 산업의 가장 핵심 로케이션인 아웃도어가 어쩌다가 경쟁력을 읽고 퇴출당하는 상황을 맞고 있는 것일까? 위기의 아웃도어 자판기 시장을 되살린 방법은 과연 없는 것일까?