• Title/Summary/Keyword: 위기유형

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정보유형과 주가변동성의 관계에 관한 연구

  • Gam, Hyeong-Gyu
    • The Korean Journal of Financial Studies
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    • v.11 no.1
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    • pp.199-216
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    • 2005
  • 본 연구에서는 한국을 포함한 4개국의 주식시장을 대상으로 주식시장에 도달하는 정보의 유형 즉, 정보가 나쁜 뉴스(bad news)이냐 또는 좋은 뉴스(good news)이냐에 따라 주가변동성에 미치는 영향을 실증적으로 분석하였다. 주가변동성은 투자위험을 나타내는 것으로 위험프리미엄(risk premium)과 관련이 있으며, 주가변동성이 높을수록 위험프리미엄이 커져서 기대수익률이 높아지게 된다. 따라서 주가변동성에 관한 연구는 자산가격결정 등 투자자산 관리에 있어서 매우 중요한 시사점을 제공할 수 있을 것이다. 실증분석결과에 의하면 전체기간(1991년~2004년)에서 4개국 모두 예상하지 못한 음(-)의 수익률이 예상하지 못한 양(+)의 수익률보다 주가의 변동성을 더욱 증가시킨 것으로 나타났다. 그리고 그 반응 정도의 크기는 한국이 가장 낮게 나타나고 있다. 즉 주식수익률의 정보의 비대칭성은 4개국 모두 볼 수 있으며, 이중 한국에서 정보의 비대칭성이 가장 약하다는 결과로 해석할 수 있다. 본 연구의 이러한 분석결과는 4개국 모두 주식시장에서 정보유형에 따른 주가변동성의 비대칭적 반응이 존재한다는 것을 실증적으로 보여주는 것이다. 또한 두 개의 하위기간(IMF 전후기간)에서도 주가변동성의 비대칭적 반응이 존재하는 것으로 나타났으며, 특이한 점은 주가변동성의 비대칭적 반응을 나타내는 계수값이 한국, 일본, 홍콩 등 아시아 국가들은 IMF 이후기간에서 감소하는(특히 한국의 경우 대폭 감소함) 반면, 미국의 경우에는 대폭 증가하였다. 이는 아시아권의 경우 금융위기를 겪으면서 투자자들이 나쁜 뉴스에 대해 다소 둔감하게 된 결과인 것으로 해석할 수 있다.

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${\bullet}$미 FTA 의약품분야 체결에 따른 국내 제약회사의 셀프 메디케이션 유통의 활용 방안 연구

  • Kim, Seung-Hyeon;Im, Chae-Un
    • Proceedings of the Korean DIstribution Association Conference
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    • 2007.11a
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    • pp.43-66
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    • 2007
  • 의약품 산업은 소득 수준의 향상에 따라 건강에 대한 관심이 고조되고, 과학 기술의 발달에 따라 난치병 치료제가 개발되면서 세계 의약품 시장이 지속적으로 성장하고 있어, 21세기의 가장 주목 받는 차세대 성장 동력 산업 중 하나로 분류 된다. 이러한 의약품 산업은 정밀 화학이나 생명 공학 기술의 첨단 산업 분야로서 고도의 두뇌 인력을 필요로 하는 고부가가치 산업이기 때문에, 부존자원이 빈약하고 인적자원이 풍부한 우리나라의 경우 차세대 성장 동력 산업으로 육성하여야 하는 산업이다. 본 논문은 2007년 4월 2일 한${\bullet}$미 FTA 의약품 분야 체결이 한국 의약품 유통에 미치는 영향올 분석 및 검토한 후, 국내 제약사의 위기 상황을 극복하기 위한 대응 방안으로서 새로운 사업 모델인 셀프 메디케이션의 활용 방안에 대해 연구하였으며, 전략적 관점에서 선택과 집중의 이슈를 유형별로 나눈 후 국내 제약사의 강점인 일반 의약품, 대체 의약품 시장의 효율성과 기능을 강화할 수 있는 방안에 대해 연구하였다. 이를 위해 의약품의 특정과 경로 별 유통구조의 특정 그리고 우리나라와 선진국의 사례를 비교 분석한 결과 유럽 제약회사의 경우처럼 R&D 등 기술 혁신에 필요한 투자가 부족하면 세계의약품 시장의 경쟁에서 뒤떨어지고, 반대로 쥴릭 파마 코리아의 경우처럼 선진 다국적 물류회사의 국내 의약품 도매시장 석권이라는 현상도 알 수 있었다. 또한 미국과 FTA를 체결한 국가들의 많은 부작용 사례와 한${\bullet}$미 FTA 의약품 분야의 이슈를 비교 검토한 결과 많은 부정적 영향이 미치는 것으로 확인되었다. 따라서 국내 제약사의 위기 상황을 극복하기 위해 셀프 메디케이션을 전략적 관점에서 선택과 집중의 이슈에 대해 국내 제약사의 유형별로 대웅 방안을 제시하였다.

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Effects of Worker Status Change Type of the Household Heads on Household Income Since Korean Financial Crisis-excel (외환위기 이후 가구주의 종사상지위 변화유형이 가계소득증감여부에 미치는 영향)

  • Yoon, Jung-Hai;Song, Hyun-Ju
    • Journal of the Korean Home Economics Association
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    • v.47 no.10
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    • pp.109-122
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    • 2009
  • This study examined the effects of household head’s worker status change type on household income and household head’s income using a total combined sample of 2,578 households from Korea surveyed in 1998 and 2002 KLIPS(Korean Labor and Income Panel Study). Binary logit regression results showed that household incomes were likely to decrease significantly when household head’s changed worker status from a regular employee, a temporary employee or a daily worker, or an employer or a self-employed to no job status, or from a regular employee to a temporary employee or a daily worker, an employer or a self-employed, or from an employer or a self-employed to a regular employee compared to a regular employee status maintenance. In contrast, household head’s incomes were likely to increase significantly when household head’s changed worker status from a temporary to a regular employee compared to a regular employee status maintenance. Women household heads were significantly associated with the likelihood of the decrease of household head’s income compared to men household heads. Household heads beyond their forties were significantly associated with the likelihood of the decrease of household head’s income compared to household heads in their thirties age-group counterparts. Household heads with education level beyond high school graduation were significantly associated with the likelihood of the increase of household head’s income compared to household heads with the education level of high school graduation. This study shows that a more comprehesive labor policy is needed for achieving sustainable household income inflow.

Subjectivity of Hope among Korean Middle-Aged Adults (한국 중년성인의 희망에 관한 주관성)

  • Kim, Keum Sook
    • Journal of Digital Convergence
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    • v.11 no.10
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    • pp.629-638
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    • 2013
  • The Purpose of this study was to discover type of hope among korean middle-aged adult and to identify the major threads that structure various patterns of hope experienced by them. It is necessary to understand that experiencing hope of middle-aged adult experiencing numerous problems and loss at the transition of life. Q-methodology involves five steps in its approach. Collected Q-statements are 112 from 200 adults through 4 open-ended questions. Among them, 34 statements were decided as a Q-sample, The Q-sorting was carried out in 21 middle-aged adults. Three types of subjective experiences of hope emerged as : (1) Passive Wish Type, (2) Positive Pragmatic Hope Type, (3) Active Internal Value-Oriented Hope Type.

Different Perceptions of Motivational Factors between Sharing Economy Service Types (공유경제 서비스 유형별 동기요인 분석)

  • Shim, Su-Jin
    • Journal of Convergence for Information Technology
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    • v.9 no.8
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    • pp.110-122
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    • 2019
  • IT innovation, cultural revolution based on smart and social networks diversified sharing economy services. Due to the rising of business utilizing the sharing economy concept, it is important to better understand the motivational factors that drive and deterrent sharing economy services in the marketplace. Based on responses from 809 adult users, 3 drivers and 2 deterrents affecting intention to use of sharing economy services were identified. Then this study categorized sharing economy services as three types of segments based on consumer perceptions and subjectivity, and analyzed differencies of perceptions on motivational factors between groups. As a result, redistribution market group has shown meaningful different average scores on economic benefit, sustainability and social risk with other groups. Based on the empirical evidence, this study suggests several propositions for future studies and implications for sharing economy businesses on how to formulate optical strategies and manage users.

COVID-19 Related Personal Information Issues and Countermeasures from the Perspective of Record Management (기록관리 관점에서 본 코로나 19 관련 개인정보 이슈와 대응방안)

  • Jeong, Ji-Hye;Na, Jeong-Ho;Jang, Ji-Hye;Oh, Hyo-Jung
    • Journal of the Korean Society for information Management
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    • v.37 no.4
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    • pp.81-107
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    • 2020
  • At a time when Korea and the rest of the world recently faced the unprecedented situation of "COVID-19," the view of actively "disclosure" of information to prevent the spread of infectious diseases is at odds with the view of "protecting" personal information as these social measures are coupled with the infringement of individuals' basic rights. In order to see the nation's response to the infectious disease crisis, we examined the current status and characteristics of public records according to crisis alert levels based on the manual for responding to infectious disease. Especially we analyzed the types and disclosure status of records containing personal information. For detecting personal information-related issues on news media, we collected online news articles and performed text anlaysis. Through this, we reviewed the problems of record management including personal information and suggested improvement points from the perspective of the life cycle of records: collect, manage, and dispose of them.

Risk Issue Analysis of Disaster Vulnerable Groups -Focusing on Cases of Children and Pregnant Women (재난취약계층의 위험이슈분석 -어린이, 임산부 사례를 중심으로-)

  • Kim, Shin Hye;Kwon, Seol A
    • The Journal of the Korea Contents Association
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    • v.21 no.7
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    • pp.291-303
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    • 2021
  • In the modern society, the number of people in disaster vulnerable groups is rapidly increasing such as the elderly, the disabled, foreigners, and children. The common characteristics of the groups vulnerable to disasters are that they live in residence types that are exposed to disasters because they are impoverished and if they are exposed to disasters, recovery is a slow process. The purpose of this study is to identify the new risk issues by performing risk issue analysis on the targets of disaster vulnerable group and provide base data for the development of the policies. For the research method, this study centered on the cases of children and pregnant women out of the disaster vulnerable groups and focused on the issue data of social media throughout the past 10 years ('10~'19) and performed social network analysis. As a result, first, the development of the issue showed relevance in the occurrence of specific cases. Second, the awareness about the types, targets, and management method of crisis management was analyzed. Third, an analysis was performed on the sentiment words that considered the solution measures of risk issues or the characteristics of the targets and it was analyzed that there were word that triggered negative emotions. Therefore, it is anticipated for the base data to be used for the government and also for the local government to build an effective crisis management system of the rapidly changing disaster environment on the basis of the sentiment analysis performed on the people of the nation as well as public awareness.

Herd Behavior in the Bangladeshi Loan Market (방글라데시 상업은행의 군집행동에 관한 분석)

  • Hyeon, Jeong-Whan
    • International Area Studies Review
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    • v.22 no.1
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    • pp.123-140
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    • 2018
  • This paper analyzes herd behavior observed in the loan market from 2001 to 2014 using a panel data on commercial banks including state-owned banks, domestic private banks, foreign banks, and Islamic banks. The paper finds evidence that herd behaviors of domestic private and foreign banks have been pronounced and long-lasting around the 2008 global financial crisis when state-owned banks did not show such a behavior. This result shows that since private banks tend to be keen on maximizing profits and avoid financial risks exposed by lending during a financial crisis, their lending decisions are not independent but dependent on whether other banks increase loans or not. On the other hand, Islamic banks do not show herd behavior during the financial crisis. This finding is consistent with earlier studies that Islamic banks have different characteristics, such as profit and operation mechanisms, from other private banks. Another interesting finding is that when it comes to rural loans, all the banks' herd behavior is short-lived and the herding indexes are quite volatile. This finding is attributable to distinct features of rural loans. Usually maturities of rural loans are shorter than city loans and related to the cycle of farming. Agricultural production is heavily dependent on unpredicted factors, such as floods and droughts, not previous year's production. Lastly, the paper finds a herding across bank type that state-owned, foreign, and Islamic banks follow domestic private banks'lending decisions.

Precedents Analyses Related to Surrender Bill of lading and Practical Notes (권리포기 선화증권의 판례분석과 실무적 유의사항)

  • Choi, Seok-Beom
    • Korea Trade Review
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    • v.42 no.2
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    • pp.53-76
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    • 2017
  • To solve the crisis of bill of lading, every effort has been made to introduce the electronic bill of lading and sea waybill on a global basis. In spite of these efforts, electronic bill of lading is not introduced practically so farm but sea waybill is used in western nations to cope with the crisis of bill of lading. But there is a practice that surrendered bill of lading is used insead of sea waybill in Korea, China and Japan to do so. The surrendered bill of lading faces the problem that it is not considered legally as bill of lading and the decisions rendered by each nation's courts are different according to the usages of surrendered bill of lading. So careful consideration must be made in regard to these decisions. The purpose of this paper is to avoid the disputes in advance in using the surrendered bill of lading by analyzing the precedents for the surrendered bill of lading and finding its notes. This paper analyzed the precedents regarding the surrendered bill of lading and found the notes as follows; Firstly, the surrendered bill of lading is not a kind of bill of lading but a practice that a consignee can take delivery of the cargo without loss of time at destination without redemption of original bill of lading. Secondly, the parties must take legal steps in using the surrendered bill of lading as the bill of lading acts cannot apply to the surrendered bill of lading. Thirdly, the parties should establish their practice in using the surrendered bill of lading. Fourthly, it is reasonable to use the sea waybill as a substitute for the surrendered bill of lading.

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Preliminary Home Economics Teachers' Image of Home Economics (예비 가정교사들의 가정교과에 대한 이미지의 유형)

  • Wang, Sek-Sun;Nam, Su-Jung
    • Journal of Korean Home Economics Education Association
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    • v.20 no.4
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    • pp.205-211
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    • 2008
  • This study attempted to explore what is the image that preliminary teachers seek in Home Economics. The purpose of this study was to find the images that make people thought based on the Q methodology. Q methodology is a way to understand a person's structure of subjectivity. This study applied Q methodology to clarifying preliminary teachers' subjective evaluation of the image of Home Economics. 33 Q questions were prepared through literature review, and were offered to 60 preliminary teachers. The subjects were divided into the five types seeking different image with Home Economics: adjustment for society, neglection by prejudice, education for basic element of life, focused on home life, personal mature.

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