• Journal of the Korean Recycled Construction Resources Institute
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• v.8 no.2
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• pp.227-234
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• 2020

Under consideration of construction waste recycling, candidate secondary products applicable for the civil and construction areas can be reliably employed based on the recycling cost analysis. For the validation purpose, probability-based cost analyses were performed to estimate recycling cost profit considering uncertainties. When recycling construction wastes, the costs at each stage are fully dependent on target products to be adopted. To achieve commercialization of each product, its quality has to be improved with economic efficiency through accurate evaluation of input costs. Based on the probabilistic recycling cost analysis, the cost benefit for target products was estimated with waste classification cost, transportation cost to recycling treatment facilities and production cost. All necessary information on the cost analysis were collected from literature, disclosure, and existing recycling companies. In addition, a cost difference between recycled and non-recycled events was made. As a result, a probability-based recycling cost estimate for candidate secondary products was herein presented.

• Journal of Digital Convergence
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• v.19 no.12
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• pp.321-329
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• 2021

A measure of managerial ability was derived using DEA, a measure of management efficiency, and the correlation coefficient between discretionary accrual and non-discretionary accrual, net income and operating cash flow standard deviation was used as a proxy for income smoothing. verified. In addition, the manager's compensation was used by taking the natural logarithm of the cash compensation per manager. The analysis results are summarized as follows. The analysis period for hypothesis testing is from 2004 to 2017, as a result of the hypothesis analysis of the correlation with the level of manager's compensation, it was suggested that the income smoothing behavior decreased the performance-based compensation and increased the performance-controlled compensation. This can be said to be the result of indirectly confirming that additional compensation is differentially paid for income smoothing. This study has a contribution to the study by empirically analyzing whether income smoothing affects the relationship between managerial ability and managerial compensation. However, although a number of previous studies empirically analyzed that there are upper and lower bounds for manager compensation, there is limitations that could not be analyzed for asymmetric compensation due to income smoothing is expected to expand.

• Journal of Legislation Research
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• no.54
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• pp.345-382
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• 2018

Sports events are not copyrighted and sports organizer's profit from sports events is not subject to intellectual property law in our legislation. Most other countries, except for France, do not also recognize sports organizer's profit as an intellectual property right. For this reason, legal grounds protecting sports organizer's profit must be found from current law such as tort law or Unfair Competition and Trade Secret Protection Act. It is irrefutable that these laws play a significant role in protecting sports organizer's profit by imposing restrictions on taking unfair advantage of others' efforts or investment. Nevertheless, protecting sports organizer's profit through such laws has its limits because sports events and relevant information outside the protection category of intellectual property law are considered as public domain. Therefore, introduction of sports organizer's intellectual property right through legislation will serve to faithfully protect sports organizer's profit. Even countries where spectator sports industry is fully in force actively discuss the issue of introducing sports organizer's intellectual property right. Intellectual property law, like other laws, is keenly subject to international trends due to market globalization and sensitively responds to the trends. I believe that further discussions are highly required about the introduction of sports organizer's intellectual property right that properly reflects international trends.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.3
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• pp.301-308
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• 2018

This study explores an analytical mathematical model designed to estimate the optimal debt ratio of the Korean automobile industry, which has a more significant effect on the national economy than that of other industries, and attempts to estimate the optimal debt ratio based on objective data. The analytical model is based on ROA and ROE which uses the debt ratio as an independent variable and employs ROS, TAT, and NFCL as the related parameters. Regarding the NFCL, the optimal debt ratio is usually defined as the debt ratio that maximizes the ROA and ROE and is calculated using analytical procedures, such as by adding an equation that considers the debt ratio and the linearity relationship to the analytical model. This is because the optimal debt ratio can be calculated reliably by making use of an estimated value within a certain range, which is derived from more than two calculations rather than a single estimation starting from one calculation formula. In this study, for the estimation of the optimal debt ratio, the ROA and ROE are expressed as a quadratic equation with the debt ratio as the independent variable. Using this analysis procedure, the optimal debt ratio obtained using the data from the Korean automobile industry over a sixteen year period, which would optimize the profitability of the Korean automobile industry, was found to be 188% of the debt ratio in the ROA and 213% of the debt ratio in the ROE. This result was obtained by overcoming the problem of the reliability of the estimation value in spite of the limitations of the logical theory of this study, and can be interpreted as meaning that maintaining a debt ratio of 188% to 213% can enhance the profitability and reduce the risks in the Korean automobile industry. Furthermore, this indicates that the existing debt ratio of the Korean automobile industry is lower than the optimal value within the estimated range. Consequently, it is necessary for corporations to change their future debt ratio policies, given that the purpose of debt ratio management is to maintain safety and increase profitability, and to take into account the characteristics of the specific industry.

• Management & Information Systems Review
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• v.38 no.2
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• pp.67-81
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• 2019

In accordance with K-IFRS 1109, financial instruments are classified to amortized cost (AC), fair value through other comprehensive income (FVOCI) and fair value through profit or loss (FVPL). And disposal gains are prohibited to be recirculated for net income when FVOCI financial instruments would be sold in the future, so-called recirculation prohibition. This research investigates whether accumulated other comprehensive income of available-for sale financial assets(AFS) under K-IFRS 1039, could affect reclassified amounts to the FVPL securities from the AFS securities. Also, this study investigates the effects of the reported income on the reclassified FVPL, because CEOs are likely to try earnings management when net income is predicted to be less than target or is low, comparing other firms. As a result of empirical analysis, first, I find that accumulated other comprehensive income of the AFS has a positive impact on the reclassified FVPL. Second, level of reporting income has no significant impact on the reclassified FVPL. Third, interaction effects are significantly positive on the firms which have more other comprehensive income and less level of reported income. Fourth, the effects of the bank and securities are more distinct than those of the manufactures. This study is the first research to investigate earnings management through AFS at the timing of the first adoption of K-IFRS 1109. Empirical results of this study provide evidence of earnings management on the reclassification of FVPL which gives meaningful implications to regulators, academic researchers and auditors.

• 월간낙농육우
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• v.34 no.8
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• pp.151-153
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• 2014

20년간 원유냉각기 사업의 외길을 걷고 있는 케이엠(KM). 낙농가의 이익을 위해 '판매 보다는 철저한 사후관리 우선'이라는 신념을 지키며, '최고의 냉각기 개발 공급', '냉각기의 세계적인 명품화'를 목표로 일관되게 나아가고 있다. 나 혼자의 이익을 추구하는 것이 아니라 농가와의 상생을 꿈꾸며 10여명의 직원과 전국 27개 대리점 사람들과 즐겁게 일하는 케이엠의 이미자 대표를 만났다.

• Venture DIGEST
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• s.73
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• pp.26-26
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• 2005

모두 알다시피 기업의 가장 근본적인 목표는 이익창출이다. 게다가 그 이익이 최소한의 비용으로 이루어진다면 그것은 더욱 빛난다. 전통죽을 비롯해 장터국밥 등의 마케팅, 판매, 컨설팅 사업으로 이미 온라인 음식판매 부분에서는 필적할 상대가 없을 만큼 유명해진 ‘쿨앤쿨(전 에프알엠)’의 곽상준 대표는 작은 미다스의 손이다. 용돈을 벌기 위해 인터넷 장터에 뛰어 든 이후로 월 매출 1억여 원의 어엿한 사업체를 꾸리기까지, 그의 행보는 거침이 없다.

• Digital Contents
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• no.7 s.50
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• pp.5-10
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• 1997

인터넷이 관심을 불러 일으키면서 우후죽순처럼 ISP들이 생겨나기 시작했다. 현재 인터넷 서비스를 하고 있는 ISP는 모두 18개나 된다. 물론 이중에는 3개의 비영리망이 있기 때문에 실질적으로 이익을 목적으로 하는 ISP는 15개이다. 겉으로는 이들 대부분이 당장의 이익에 집착하지 않는다고 입을 모으고 있다. 하지만 이들은 손익을 맞추기에도 급급한 실정이다. 그러나 이러한 현실을 타개하기 위해 무료 서비스 등 갖가지 묘안을 내고 있다. ISP들의 현황을 점검해 본다.

• The tire
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• s.71
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• pp.30-34
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• 1977

미국의 고무, 타이어 메이커의 작년도 결산이 잇딸아서 발표되었으나 (표 참조) 미국 고무노련의 장기 스트라이크 때문에 스트라이크에 참가한 굳이어, 파이어스톤, 유니로얄, 굳리치의 4사의 이익은 대폭으로 하락했다. 또 스트에 불참했든 제너랄은 매상고에서도 굳리치를 앞질어서 No.4의 위치를 점했다. 이하 작년도의 결산과 금년의 미국 타이어 시장의 움직임을 GY사의 뉴우스 렐리이즈 등으로부터 발췌해 보았다.

• Proceedings of KOSOMES biannual meeting
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• 2017.04a
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• pp.81-81
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• 2017