• Journal of the Korean association of regional geographers
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• v.11 no.4
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• pp.511-522
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• 2005

This paper aims at analyzing the current status, characteristics and problems of housing development project finance firstly, and secondly, examining the policy measures in order to enhancing the housing development project finance systems. The main results of this paper are as follows. Project finances are very activated in the housing development projects, especially, apartment development, since 2001. But most of housing development project finance are not virtual project finance, but conditional corporate finance, because most of project finance didn't uses bankruptcy remote. Therefore, the main policy measures in order to activate effective growth of project finance are, first, institutionalizing of project finance, second, enhancing the feasibility study capabilities of finance companies, third, using the real estate funds effectively, and forth, networking housing development project finances with long-term mortgage finances.

• Journal of the Economic Geographical Society of Korea
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• v.19 no.2
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• pp.265-285
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• 2016

This paper analyses the regional financial market of Kyungbuk-East Coast region. The result shows that the credit unions do not do much for easing the credit constraints of small firms in the region. Many papers suggest that it is necessary for them to adhere closely to the regional economy. But they do not do their best to collect borrowers' private informations. Instead they rely on the credit scoring system to assess their creditworthiness and require collaterals to reinforce their weak credits. That is the real root of weak competitiveness of credit unions. To overcome such a problem they need to actively participate in the development of the regional economy, bearing in mind the cooperative principles, especially commitment for the community. On the other hand the government should contrive plans to foster them. When they function actively the regional financial market will become efficient and the regional economy grow smoothly.

• Journal of the Economic Geographical Society of Korea
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• v.3 no.1
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• pp.5-20
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• 2000

Recently as globalization of financial capital is progressed, possibility of crisis and unreliability of world economy is more growing. Korean economy required radical restructuring because of the financial crisis and the economic changes occurred in that process. This study is to explain the economic changes of Gwanagju city is produced by the financial crisis of Korean economy The most important industries are service and transportation equipment in Gwangju city. These industries began to decrease after financial crisis but machinery equipment, electrical machinery & electronics and rubber goods & plastic industry is growing relatively. Because of the decrease of service, the economy of inner city which service industry relatively agglomerated in is reducing. And agglomeration space for the optical photonics industry was built up by the upbringing policy of government on high-technology industry to overcome the economic crisis and micro industrial space such as venture building and establishment nursery center was built up. But high-technology industries have many geographical limits to embed in Gwanagju city, so there needs to construct regional innovation system for knowledge based economies

• Journal of the Economic Geographical Society of Korea
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• v.10 no.3
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• pp.281-303
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• 2007

This paper examines the mainbank relationships of SMEs after the 1997 financial crisis in Incheon-Kyunggi and Daejeon-Chungnam regions where local banks have been merged by national banks. The results are as follows. First, national banks(except Industrial Bank of Korea and Kookmin bank) are reluctant to be mainbanks of regional SMEs. Second, those firms which have mainbank relationships with national banks borrow from relatively large number of banks. Third, their size measured by employees are relatively large. These tendencies become clearer after the 1997 financial crisis. It is the Industrial Bank of Korea and Kookmin bank that play important roles as mainbanks of regional SMEs. National banks including the Industrial Bank of Korea and Kookmin bank cannot be relationship lenders to SMEs due to the Williamson-type organizational diseconomies. It means that to ease the regional financial problems regional financial institutions are expected to play more active roles.

• Journal of the Economic Geographical Society of Korea
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• v.16 no.3
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• pp.512-527
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• 2013

This study examines the spatial distribution characteristics of financial industry which has been a necessary service for contemporary urban life. In particular, we analyze the spatial distribution patterns of money lending business which is considered with informal financial services as well as the spatial distribution patterns of banks which are representative of the institutional financial services. For the purpose, their density distribution patterns are explored by Kernel density analysis for both financial services in first. Moran's I coefficients are estimated for these two financial services to clarify the distintion in their geographical concentration patterns. The results of spatial autocorrelation analysis show stark differences between the center city and outskirts of the Seoul metropolitan area. Multivariate regression models are developed to explain the relationships between the spatial distributions of financial services and geographical variables. Finally, we discuss financial exclusion problem in the Metropolitan Seoul based on these spatial distribution characteristics.

• Journal of the Economic Geographical Society of Korea
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• v.14 no.4
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• pp.583-602
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• 2011

Based on the survey, this paper examines entrepreneurs' attitude toward corporate lending in Pusan region. The results show that the relationships of manufacturing firmswith banks are different from those of non-manufacturing firms. These are mainly due to the differences in the operational grounds between them. The non-manufacturing firms have their operational ground in Pusan, thus they have local banks as their mainbanks and depend heavily on mainbanks' credits. However the business network of the local banks is not broad enough to satisfy the manufacturing firms financial service needs. Therefore, the manufacturing firms maintain close relationship with not only regional local banks but also other banks. The results of the study demand the local banks to produce information of the regional firms and to monitor them more widely and tightly. One of the important contributions of this paper is that it has succeeded in making clear the importance of relationship banking of the local banks.

• International Area Studies Review
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• v.20 no.1
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• pp.79-104
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• 2016

This paper investigates the impact and behavior of foreign equity investment in Asian emerging economies during the 2007-2008 and the 2010-2012 global financial crises in terms of volatility and return. The empirical results indicate that foreign investors show positive feedback trading behavior in the sample countries. We find evidence that foreign investors' net selling behavior significantly increases market volatility in most countries.

• Journal of the Korean Geographical Society
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• v.34 no.3
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• pp.265-279
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• 1999

경제활동의 세계화는 세계적 금융체계의 출현을 수반하고 있으며 금융부문의 역할은 현대 경제체계에서 중요성을 더하고 있다. 또한 정보통신기술의 발달과 금융기법의 혁신, 자본이동의 자유화는 새로운 조절양식과 이에 따른 조절공간의 변화를 수반한다. 한국의 경우 금융구조조정은 전세계적인 금융위기와 필요에 의한 대응으로 이해되며 제도적 변화와 함께 금융기관의 흡수.합병.퇴출을 통하여 기업부문, 정부부문뿐 아니라 공간적으로도 막대한 영향을 미친다. 일반은행 점포수의 변화를 금융구조조정 이전인 1997년과 이후인 1998년을 비교 분석한 결과 점포수의 급격한 감소와 함께 지역적인 특색이 나타났다. 금융구조조정은 서울.경기를 포함한 수도권에서 가장 활발히 일어나고 있으며, 도시 인구규모에 민감하게 반응하여 소규모 도시일수록 변화의 폭이 감소하고 있다. 구조조정 기간 중에 은행수의 변화는 인구규모와 밀접한 연관성을 나타내고 있다.

• International Commerce and Information Review
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• v.18 no.2
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• pp.85-103
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• 2016

This study deals with a research on Korean American economy and Korean banks operated in California where a large percentage of Korean residents in the U.S. is concentrated. Using date published by U.S. Census and the Federal Deposit Insurance Corporation (FDIC), quantitative analyses have been performed on the asset, employment, market share and other features of selected Korean American financial institutions. Also, each bank's status of financing and asset management are reviewed through the analysis of its balance sheets. The outcome of analysis on the status of Korean American banks are summarized as follows: First, Korean American banks are shown to be growing to become major banks with equivalent scale as mainstream banks. Second, the recently improved fundamentals of Korean American banks are identified. Third, the operational performances of Korean American banks are verified to be similar to the average of Californian banks.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.2 no.2
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• pp.23-47
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• 2007

Since 1998, Korean economy has damaged financial structural coordination from business firms to financial institutions. The monetary circumstances, the faithless management in financial institution, caused an usiness shrinkage. Specially, the monetary circumstances come by every year from large to small. This dissertation examines the recognition & experience of institution employee to the monetary circumstances that underlie the announcement effects. The sample of this study consists of 201 survey which have 1st and 2nd financial institution from Gyeungnam to Seoul. To examine and identify factors that the Recognition & Experience of the Monetary Circumstances this study uses t-test, ANOVA, multiple regression. The variables SEX, AFF, FRA show expected signs and are statistically significant. The variables MAR, SCH, PER, POS, LEN and REC were turned out to be insignificant. The above results suggest that institution employee, which have male, take part lending in affairs and uneasy home status, have more recognize to the financial circumstances.