• Title/Summary/Keyword: 인수대금

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A Study on the Firm Performance Factor of Cross-border Merger and Acquisition in China (중국기업의 국제 인수합병 성과 요인에 관한 연구)

  • Lee, Young-Hwan;Jeong, Seon-Hye;Chen, Jingzhu
    • Journal of Digital Convergence
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    • v.13 no.1
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    • pp.125-134
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    • 2015
  • Cross-border M&A brings positive benefits to corporations and social economic development which can not been given by any investment ways, having greatly reduced the investment risks and costs to enter the host country market, resulting in the rapid development of the Cross-border M&A in china. This study examines the factors affecting firm performance of Cross-border merger and acquisition on Chinese manufacturing industry. This study chooses a sample of 31 Cross-border M&A in the manufacturing industry in China and the relevant data were collected during the period 2001 to 2007. The data were analyzed using a multiple regression analysis to identify the factors that affect Firm performance. It is found that the Firm performance is significantly affected by the oversea investment experience, cultural distance between countries, cost in M&A transaction and the number of transaction shares.

후분양 제도 시행의 전제 조건

  • 김현아
    • 주택과사람들
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    • s.153
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    • pp.22-23
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    • 2003
  • 대통력직 인수위원회에서 ''아파트 후분양 제도 도입''을 검토 중이라는 사실이 언론에 알려지면서 이에 대한 찬반 양론이 팽팽히 맞서고 있다. 주택건설 공급자 금융(Construction Mortgage)제도가 발달되지 못한 상황에서 선분양 대금에 크게 의존하는 현행 주택 공급 방식의 구조적 한계로 인해 후분양제 도입시 주택 공급이 크게 감소할 것이라는 우려가 제기되고 있다.

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The Status and Responsibility of the Confirming Bank under UCP600 (UCP600에서 확인은행의 지위와 책임)

  • Park, Sae-Woon;Lee, Sun-Hae
    • International Commerce and Information Review
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    • v.14 no.4
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    • pp.433-456
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    • 2012
  • The confirming bank undertakes to make payment to the beneficiary, provided that a complying presentation is made and complies with its confirmation. In case L/C fraud is evident, though, the confirming bank as well as the issuing bank does not have the obligation to make payment. That is, the confirming bank does not take the risks involving documentary fraud. The confirming bank cannot exercise the right to recourse toward the beneficiary or the nominated bank when the issuing bank finds the discrepancies which the confirming bank has not noticed. This is because under UCP600, the issuing bank or the confirming bank cannot refuse to make payment with the cause of documentary discrepancy after 5 banking days following the presentation of documents. Even if the issuing bank accepts the discrepant documents following the confirming bank's request to do so, the confirming bank does not have the responsibility for the confirmation. When under Usance Negotiation Credit, the confirming bank acts as the nominated bank, the confirming bank should make payment in no time if the beneficiary presents complying documents. Therefore, unless the confirming bank intends to make immediate payment, they should consider using Deferred Payment or Acceptance L/C in Usance Credit. It is also safer for the beneficiary to have the reimbursing bank's undertaking to the reimbursement than just have confirmation of the credit because in the latter case they may not have full payment due to disputes regarding discrepancies of the documents even if they have confirmation of the credit.

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인도 전력산업은 매일 '황금알'을 낳고 있다

  • Korea Electric Association
    • JOURNAL OF ELECTRICAL WORLD
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    • s.350
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    • pp.94-97
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    • 2006
  • 인구11억명의 무한한 시장‘인도’. 특히 인도는 IT 분야에서 세계 최고의 강국으로 부상하고 있다. 거기에 인도는 10여년간 연평균 GDP 성장률 6%대의 고도성장을 이룩하는 등 중국에 이어 경제강국으로의 탈바꿈을 꿈꾸고 있다. 이처럼 매력적인 시장을 기업들은 놓칠리가 없다. 이미 세계 유수의 기업들은 꿈틀대는 인도 시장을 주목해 왔다. 인도에 법인을 설립, 현지의 값싼 노동력을 이용해 가격 경쟁력을 갖추고 시장을 공략하고 있는가하면, 인도시장에 맞는 저가상품을 적극개발, 공급함으로서 시장점유율을 높이고 있다. 국내기업의 경우 자동차와 가점제품의 경우 비교적 성공적으로 정착한 사례로 꼽히고 있다. 현대자동차, LG전자, 삼성전자 등은 인도 현지에서 호평을 받을 정도로 경쟁력을 확보한 상태다. 하지만 전력 시장에서만큼은 아직까지 뚜렷한 성과를 얻어내지 못하고 있다. 가장 큰 이유는 평균 30% 이상에 달하는 관세율을 극복하지 못하고 있기 때문이다. 그리고 인도 수출의 경우 말처럼 쉽지는 않은 상황이다. 인도의 경우 영국의지배를 받던 국가라 아직까지 ABB, 시멘스 등 유럽업계의 강세가 뚜렷해 타 지역국가 업체들의 인지도가 높지 않은 상황이다. 무엇보다“대금이 들어와야 거래가 성사됐다”라고 말을 할 정도로 대금인수에 어려움을 겪는 사례가 부지기수고, 계약 파기도허다해 계약에들인 노력만큼 성공률이 높지 않은 것도 국내 전력 관련업계의 진출 부진의 한이유다. 그렇다고 인도 시장을 그냥 놓치기에는 너무아깝다. 이에 국내업계의 경우 매력적인 시장을 놓치지 않으려 계속해서 인도 시장 진출추진하고 있다. 인도 전력시장 현황을 소개하고, 수출을 위한 국내 업계의 노력 및 수출시 유의해야 할 사항을 종 합적으로 정리해봤다.

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Variation of Air Temperature Inside Carbonate Area Caves (석회암 지역에 분포하는 동굴의 내부 온도 변동 특성)

  • Kim, Lyoun;Park, Youngyun;Lee, Jonghee;Choi, Jaehun;Jung, Qyusung;Kim, Jungtae;Kim, Insu
    • Korean Journal of Heritage: History & Science
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    • v.53 no.1
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    • pp.52-63
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    • 2020
  • This study was conducted in order to evaluate the characteristics of air temperature fluctuation inside the Daegeumgul, Ondaldonggul, and Seongnyugul Caves, which are the most representative limestone caves in Korea, and also to assess the effects of air temperature on cave temperature. Temperature was measured hourly at three sites in Daegeumgul, Ondaldonggul, and Seongnyugul Caves from April 13 to June 25, 2019. Additionally, air temperature data for the areas around the caves was provided by the Meteorological Administration. Using this collected data, the basic statistical measure of fluctuation characteristics over time was ascertained, and time series analyses were performed. Wide variation of temperature was exhibited in the order of the cave entrance, the cave water inflow point, and the midpoint. Cave temperature was observed to increase gradually during the study period. There was a vast range in temperature at the Daegeumgul station located approximately 150 m outside the cave, but it remained nearly constant beyond the midpoint. Although the effect of air temperature was not significant due to the influence of visitors, the effect of air temperature on cave temperature gradually decreased from the entrance to the interior. At Ondaldonggul, there was a wide range in temperature recorded at the entrance due to the influence of air temperature, but it stayed almost constant in the interior. However, at the site where cave water flows into the cave, temperature was influenced by the cave water temperature. At Seongnyugul, there was a distinct fluctuation in temperature recorded at the cave entrance, while the middle of the cave remained nearly constant. Temperature fluctuated due to the air temperature at the entrance, while at the middle of the cave, measurements were expected to be affected to a greater extent by the lake water temperature than by the air temperature. However, this pattern was not observed. According to the time series analysis results, in all caves, fluctuations of air temperature affected cave temperature after approximately one hour. Cave size and structure, water presence, the entrance's size and shape, air flow, and visitor patterns can all influence cave temperature. Therefore, consideration of these factors is very important in the pursuit to clearly understand cave temperature characteristics.