• Title/Summary/Keyword: 위험추구경로

Search Result 7, Processing Time 0.022 seconds

An Empirical Study on Bank Capital Channel and Risk-Taking Channel for Monetary Policy (통화정책의 은행자본경로와 위험추구경로에 대한 실증분석)

  • Lee, Sang Jin
    • Economic Analysis
    • /
    • v.27 no.3
    • /
    • pp.1-32
    • /
    • 2021
  • This study empirically analyzes whether bank capital channel and risk-taking channel for monetary policy work for domestic banks in South Korea by analyzing the impact of the expansionary monetary policy on the rate spread between deposit and loan, capital ratio, and loan amount. For the empirical analysis, the Uhlig (2005)'s sign-restricted SVAR(Structural Vector Auto-Regression) model is used. The empirical results are as follows: the bank's interest rate margin increases, the capital ratio improves, risk-weighted asset ratio increases, and the amount of loans increases in response to expansionary monetary shock. This empirical results confirm that bank capital channel and risk-taking channel work in domestic banks, similar to the previous research results. The implications of this study are as follows. Although the expansionary monetary policy has the effect of improving the bank's financial soundness and profitability in the short term as bank capital channel works, it could negatively affect the soundness of banks by encouraging banks to pursue risk in the long run as risk-taking channel works. It is necessary to note that the capital ratio according to the BIS minimum capital requirement of individual banks may cause an illusion in supervising the soundness of the bank. So, the bank's aggressive lending expansion may lead to an inherent weakness in the event of a crisis. Since the financial authority may have an illusion about the bank's financial soundness if the low interest rate persists, the authority needs to be actively interested in stress tests and concentration risk management in the pillar 2 of the BIS capital accord. In addition, since system risk may increase, it is necessary to conduct regular stress tests or preemptive monitoring of assets concentration risk.

The Relationship between Narcissism and Risk-taking: An Exploration of Intervening Variables (자기애와 위험감수의 관계: 중재변인 탐색)

  • Jung Sun Yun ;Sung Moon Lim
    • Korean Journal of Culture and Social Issue
    • /
    • v.21 no.3
    • /
    • pp.419-455
    • /
    • 2015
  • In study I, Domain-Specific Risk Taking Scale(DOSPERT) was translated into Korean and was validated that it had 6 factors structure and showed adequate reliability and validity, using the data had been collected from 438 participants. In study 2, two research problems were examined using the data had been collected from 497 participants who were different from study I. First, the mediation effect of sensation seeking and perceived benefit on the relationship between narcissism and risk-taking were examined. Using path analysis, it found that sensation seeking and perceived benefit mediated the relationship between NPI narcissism and risk-taking fully, and between PNI narcissism and risk-taking partially. Seceond, the moderate effect of contingencies of self-worth(CSW) on the relationship between perceived benefit-risk and risk-taking was examined. Using multi-group analysis, it found that virtue CSW moderated the relationship between perceived benefit-risk and total risk-taking, various CSWs moderated the relationships between perceived benefit-risk and 6 sub domains of risk-taking. These results were compared with previous studies of risk-taking and discussed the relevance of the narcissistic type.

  • PDF

Mediating Effects of Help-Seeking and Concealment on the Relations between Perfectionism and Depression, Anxiety in University Students (대학생을 대상으로 한 완벽주의와 우울 및 불안의 관계에서 학업도움추구와 은폐의 매개효과)

  • Jung, Eun-Sun;Ha, Jung-Hee
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.17 no.4
    • /
    • pp.671-681
    • /
    • 2016
  • The purpose of this study is to investigate the role of help-seeking and concealment in the relationship between perfectionism, depression, and anxiety. The participants were 252 university students, and analyses were conducted using PASW 18.0 and Amos 8.0. Help-seeking was confirmed to be a mediating variable between self-oriented perfectionism, depression, and anxiety. That is, self-oriented perfectionism had an effect on depression and anxiety through help-seeking. Also, concealment was a partially mediating variable between socially prescribed perfectionism, depression, and anxiety. The need to develop counseling and education approaches as a special intervention is discussed. The approaches are meant to reduce socially prescribed perfectionism and concealment. Limitations and implications for further study are suggested.

Mediating effects and Moderating effects of Anticipated Risks, Anticipated Benefits in the relationships between Academic Burnout and Life Satisfaction (학업소진과 삶의 만족간의 관계에서 위험예측/이득예측의 매개효과와 조절효과)

  • Jung, Eun-Sun;Ha, Jung-Hee
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.16 no.9
    • /
    • pp.6009-6018
    • /
    • 2015
  • The purpose of the present study was to investigate the role of anticipated risks and anticipated benefits on the relationship between academic burnout and life satisfaction. The participants of this study were 326 university students and analyses for this study was conducted by using PASW 18.0 and Amos 8.0. The major achievements were as follows; anticipated risks confirmed partially mediating variable between academic burnout and life satisfaction. That is, academic burnout had some effect on life satisfaction through anticipated risks. Also, anticipated risks confirmed moderating variable between academic burnout and life satisfaction. Finally, the needs of development about the counseling and the education approaches as a special intervention was discussed, and that approaches were reflected academic burnout and anticipated risks to be reduced. And limitations and implications of subsequent further study were suggested in this research.

신제품개발 전략과 성과에 관한 연구

  • Kim, Yong-Man;Kim, Seok-Yong
    • Journal of Global Scholars of Marketing Science
    • /
    • v.3
    • /
    • pp.215-234
    • /
    • 1999
  • 본 연구의 목적은 IMF의 어려운 경제환경하에서 과거와는 달리 기업이 생존 및 번영을 위해서는 어떤 신제품개발 전략을 세우고 그 전략은 기업의 신제품 성과에 어떤 영향을 미치는지를 알아보기 위함이다. 이를 위한 연구 질문으로 기업은 신제품개발을 위한 상이한 경영전략을 사용하는가 ? 그리고 신제품개발 전략은 신제품개발 성과에 영향을 미치는가를 파악하고자 하였다. 본 연구는 신제품개발 전략유형 즉 신제품 특성, 시장특성, 기술특성 그리고 프로그램 특성의 4가지 유형에 의해 실증분석을 한 결과 균형전략, 다각화전략 그리고 시너지추구 전략군 등 3가지 유형으로 집단화할 수 있었다. 균형전략군은 기술지향성과 마케팅지향성을 동시에 보유하고 있는 전략군이고, 다각화전략군은 새로운 고객의 욕구충족을 위해 새로운 유통경로와 촉진활동을 촉진하는 전략군이며 마지막으로 시너지추구 전략군은 상대적으로 낮은 R&D비용을 지출하고 위험성이 낮고 기술수준이 낮은 신제품을 개발하는 전략유형이다. 그리고 신제품전략 유형에 따라서 신제품개발 성과에 가장 많은 영향을 미치는 것은 제품특성(3.4524)이고 그 다음으로 시장특성(3.4470), 기술특성(3.4270) 순으로 나타났다. 따라서 위의 분석 결과들은 IMF시대의 불확실한 경영환경에 대처하면서 기업의 생존 및 번영을 책임지고 있는 신제품개발 담당자들에게 경영적 함의를 제시할 것이다.

  • PDF

Saving Mama Turtle: Designing A Computer Game to Make Emotion Directly and Indirectly (엄마 거북이 구하기: 직간접 감정유발 게임의 디자인)

  • Song, Byoung-Ho
    • The Journal of the Korea Contents Association
    • /
    • v.6 no.11
    • /
    • pp.118-125
    • /
    • 2006
  • To solve the reverse function problem of computer games criticized nowadays, the main fact to be concerned in design should be to make feelings of satisfaction during playing and solving the given situation in the game world. In this paper, a design to fulfill the feelings of satisfaction directly and indirectly, controlling playable characters to help another non-playable character in some sort of danger is explained. The requirements to do so is analyzed and the result of demonstration is also presented.

  • PDF

A Study on the Effects of Entrepreneurial Marketing Orientation on the Management Performance: Mediated Effect of Organizational Marketing Capabilities (창업자의 앙트레프레니얼 마케팅 지향성이 경영성과에 미치는 영향: 조직내 마케팅역량의 매개효과)

  • Byun, Hong Joo;Byun, Chung Gyu;Ha, Hwan Ho
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.17 no.4
    • /
    • pp.87-100
    • /
    • 2022
  • Early start-up companies have an inherent limitation of lack of resources. Despite these limitations, in order to survive, the entrepreneur's personal ability to efficiently use limited resources is required. In the marketing field, various studies are needed to reduce the business failure rate through establishing growth strategies and innovation. Accordingly, it is necessary to apply the concept of entrepreneurial marketing, which has been researched and developed overseas for 30 years, to fit the domestic reality. According to the flow of this study, an empirical study should be preceded to clarify the influence relationship between entrepreneurial marketing orientation, marketing competency, and management performance, along with a theoretical theorem on entrepreneurial marketing that is suitable for early start-ups and small and medium-sized enterprises(SMEs) and can respond innovatively to changes. The establishment of entrepreneurial marketing orientation and the processes from which this concept leads to business performance through the organization's marketing capabilities and its effects will be empirically verified. For an empirical survey, a survey was conducted on founders of 220 companies, and path analysis using structural equations was used for hypothesis verification. The findings are as follows. First, it was found that the entrepreneurial marketing orientation had a positive effect on both the organization's marketing capabilities and management performance. Second, it was found that the organization's marketing capabilities also had a positive effect on management performance. Third, as a result of empirical analysis of the mediating effect of the organization's marketing capabilities on the relationship between entrepreneurial marketing orientation and management performance, it was found that marketing capabilities showed a greater mediating effect on non-financial performance than financial performance. On the other hand, it was confirmed that marketing performance had a stronger mediating effect on financial performance than non-financial performance. By confirming and presenting the concept and constituent factors of entrepreneurial marketing orientation of domestic start-ups, which were academic gaps for the purpose of this paper, the academic research is differentiated in that they were verified as six components of entrepreneurial marketing. The practical implications of the research results will be that the entrepreneurial marketing-oriented mindset of small and medium-sized companies will optimize market analysis capabilities, network with various stakeholders, and increase the organization's ability to demonstrate marketing capabilities.