• Proceedings of the Korea Contents Association Conference
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• 2017.05a
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• pp.79-80
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• 2017

사회자본은 노인에게 있어 그들의 욕구 및 문제를 해결하는데 용이하게 작용을 할 뿐 만아니라, 나아가 지역사회에서 생활함에 있어 삶의 질을 향상시키는데 기능적 역할을 하기 때문에 중요한 요인이라 할 수 있다. 많은 선행연구들에서 노인의 사회자본 연구들이 진행되고는 있지만, 대부분의 연구에서 척도의 검증 없이 사용되어지고 있다. 따라서 본 연구는 선행연구를 토대로 사회자본의 개념 및 구성요소를 정의하고, 기존연구에서 제시된 사회자본 측정 문항들을 활용하여 우리나라 노인들이 인지하는 사회자본 척도를 개발한 후 타당도를 검증하고자 한다.

• Proceedings of the Korea Contents Association Conference
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• 2015.05a
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• pp.253-254
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• 2015

서울 강북지역 성인남녀 218명으로 대상으로 한 본 연구에서 이웃관계, 심리적 자본, 지역사회주거환경, 정부나 사회단체로부터 지원받은 경험이 사회자본에 영향을 주는 것으로 나타났으며, 이러한 결과를 통해 개인적인 심리적 자본 외에 지역사회 환경과 사회적 차원의 지원이 필요함을 제안하였다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.4
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• pp.163-174
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• 2017

This study analyzed how Korean firms' recapitalization affects their capital structure decision and firm value. Recapitalization was categorized into three groups according to the influence of the debt to equity ratio: debt ratio-increasing-recapitalization(capital reduction with refund, cash dividend), debt ratio-unchanging-recapitalization (capital reduction without refund, retirement of repurchased stocks), and debt ratio-decreasing-recapitalization(exercise the rights for convertible bonds, bond with stock warrants, exchangeable bonds and stock options). This article highlights how the relationship between the firms' recapitalization and the capital structure decision driven by the change in debt to equity ratio through the recapitalization should affect the firm value. The whole recapitalization sample used for this analysis comprised 22,814 enterprises listed on the Korea Exchange that were analyzed over the 16-year period from 2000 to 2015. To summarize the results of this Panel Data Analysis, firstly, when a firm executes debt ratio-increasing-recapitalization and debt ratio-decreasing-recapitalization at the period of t-1, the debt to equity ratio, which is increased or decreased, should affect the firm's debt capacity in the same period, then, at the period of t, the firm establishes a leverage policy to readjust the debt to equity ratio the other way around. These adjustments of debt-paying-ability from the leverage policy, including the capital structure decision, finally affect the firm value. Secondly, when a firm implements the debt ratio-unchanging-recapitalization in the period of t-1, the debt to equity ratio, which is neutral, should not affect the firm's capital structure decision. But, the firm value is positively affected by the influence of that recapitalization. Conclusively, we acknowledge a firm which carries out the recapitalization balances its capital structure to the optimal level of leverage and that the capital structure decision positively affects the corporate value.

• Journal of Korean Society of Transportation
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• v.19 no.5
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• pp.35-45
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• 2001

In this research, we estimated annual gross fixed capital stock of transport sector, such as road, railroad, airport and seaport during 1968-1997 in Korea. As basic analytic method, we used the polynomial benchmark method. The polynomial benchmark method requires capital stock estimates of at least two benchmark-years and is distinguished from other methods in the fact that retirement rate can be estimated within the model. To estimate gross fixed capital stock of transport sector. we used the basic data on national wealth surveys in 1968, 1977, 1987 and 1997. and investment data of each transport sector during 1968-1997. We used the most reasonable data in the process of estimation after reviewing the collected data. In estimating, some retirement rates were estimated at (-) value, so we have applied various method to fix up the problem. At last, we have reported several estimation results which can be considered as reasonable ones. Compared our results with those of other researches in Korea, estimates in our research project could be said more accurate than those.

• The Journal of the Convergence on Culture Technology
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• v.1 no.4
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• pp.27-43
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• 2015

The objective of this study is to find out the construct of intellectual capital in a fashion company. To this end, the mixed research methods that combined qualitative and quantitative approaches were conducted. Qualitative research was first conducted by in-depth interviews with 16 experts working in the fashion industry, and a questionnaire was then given to 121 fashion companies in order to fulfill the quantitative research portion of this study. The findings of this study are as follows: First, the conceptual structure of intellectual capital in a fashion company was revealed. A fashion company's intellectual capital is composed of 'human capital', 'structural capital', and 'relational capital'. Human capital has three components: a chief executive officer (CEO), members, and a human resource management capability. Structural capital has four components: organizational culture, information management capability, merchandising capability, and product innovation capability. Relational capital has three components: customer equity, marketing capability, and relationship management capability. Second, the conceptual structure of intellectual capital was confirmed via quantitative research analysis. All of the components of intellectual capital have internal consistency, convergent validity, construct validity, and discriminant validity.

• The Korean Journal of Financial Management
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• v.25 no.3
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• pp.33-78
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• 2008

This paper empirically examines whether firms engage in a dynamic adjustment process toward target capital structure and, whether there is a target capital structure or mean reverting using the partial adjustment model while allowing for costly adjustment. Also we investigate the empirical determinants of optimal target capital structure in long term equilibrium. As a result, our empirical model captures at least several important features of capital structure behavior for Korean listed firms. First, Korean firms pursue target capital structure and also there is mean reverting phenomenon. Second, Non-Chaebol and small firm in adjustment speed is faster than Chaebol and large firm. Third, even capital market restricts the adjustment speed interestingly. Fourth, Korean firms have target behavior according to a degree of observed gap. Fifth, Korean firms close about one-fourth of the gap between their actual and target debt ratios within one year and thence targeting behavior explains far more of the observed changes in capital structure than market timing or pecking order considerations. Sixth, capital market is significant in determining optimal capital structure.

• Korea journal of population studies
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• v.25 no.1
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• pp.113-143
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• 2002

This research explores the effect of Korean women's human capital on their employments. The first research question is which Korean women's human capital increase the rate of women's employment. And then the second research question is which Korean women's human capital affect the kind of women's job. In general, women's representative human capital indicates the educational attainment, the training of job skill, the certificate of job, and the their health. Human capital theoriests insist that individual's human capital determines the participation into the labor market, the type of job and wage. But in Korea it is well known that highly educated women's rate of employment is very low. The method of this research is logit analysis and regression analysis, using the cross-sectional data. We find in this research that women's human capital does not have a positive effect on women's employment rate. The longer women's schooling period is, the less women's participation rates into the labor market are. Women's training of job skill, certificate of job and health does not also have a statistical significance on their employment rate. Besides women's human capital does not affect the kind of job. So human capital theory is very limited explanation on Korean women's economic activities.

• Proceedings of the Korea Contents Association Conference
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• 2006.11a
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• pp.124-128
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• 2006

The purpose of this study was to develop a scale of social capital in participant sports. To achieve the purpose of this study Socal Capital Scale by Fukuyama(1996), Shane(2005), Kim(2003), Park & Kim(2000), Jung & Shim(2004) was translated and modified to use in participant sports. Throughout the research procedures including back translation, expert meeting, pre-test, sampling, data analysis. Result of this study are as follows First, SCSPS(social capital scale in participant sports) was consisted with four sub-domains such as social network, norms, trust, information share, and position improvement. Second, based on outputs form SEM, it was indicated that model used to develop SCSPS had relatively good fit with significant scores of model indices. Finally, reliability and validity of the scale also showed relatively high scores.

• The Korean Journal of Financial Studies
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• v.12 no.1
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• pp.163-182
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• 2006

본 연구는 장기투자자인 생명보험사 및 연기금의 투자다변화 일환으로 장기투자의 성격에 부합하고 안정적이며 높은 수익이 기대되는 대체투자 중 사회간접자본 자산에 대한 투자방안을 연구목적으로 하여 다음의 분석결과를 도출하였다. 첫째, 생명보험사와 연기금의 금융부문 수익률과 사회간접자본 투자수익률을 비교한 결과 사회간접자본 투자는 변동성이 큰 주식에 비하여 위험은 낮고 안전자산인 채권에 비해서는 상대적으로 높은 수익률을 나타내었다. 둘째, 생명보험사 및 연기금이 사회간접자본 투자에 참여할 경우 사회간접자본 투자에 대한 정부의 수입보장 및 국내 인프라 사업의 사업수익률 수준과 타기관의 목표수익률 등을 종합적으로 고려할 때 15% 수준의 투자수익률이 적합할 것으로 보인다. 다만 최근 국내 주요 사회간접자본 사업의 투자수익률을 볼 때 국가관리사업과 자체관리사업 모두 투자수익률이 낮아지고 있는 추세이므로 장기적으로 이러한 추세를 반영하여 목표수익률의 재조정이 필요한 것으로 보인다. 셋째, 현실적인 간접투자상품의 한계 및 직접투자시의 비용절감효과 등으로 대규모투자자의 경우 전문성을 확보하여 직접투자방식의 참여를 고려할 수 있으며 중소규모투자자의 경우 시장상황 및 위험을 고려하여 펀드를 조성하여 투자하는 것을 고려할 수 있다. 그리고 중장기적으로는 세계적인 추세에 따라 국내 사회간접자본 간접투자 시장이 활성화되고 규모가 커지게 될 것으로 예상되는 바, 간접투자방식을 적극적으로 검토하여야 할 것이다.

• Journal of the Korean Society for Library and Information Science
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• v.47 no.2
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• pp.161-180
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• 2013

This research analyzed how smart devices and Social Network Service (SNS) change the construction of social capital. The results show that smart devices provide the foundation of expending 'bridging social capital' by offering various communication tools. SNS reinforces 'bonding social capital' and extends 'bridging social capital' by expanding social relationships from off-line to online and supporting the construction of online communities. In contrast, the use of SNS through smart devices is not related to the generation of social capital. However, it builds a multi-aspect social capital by making people participate in various social activities.