• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.713-717
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• 2006

Most of customer satisfaction researches that have announced by mass medium about an apartment house intend to do not fairly consider the premium of an apartment house. Thus, the researches offer the wrong information to a lots of companies and customers that want to objectively assess quality of an apartment house through comparing an apartment complex with another and construction ability of company. Therefore, this study analyzes that the premium of an apartment house affects customer satisfaction, derives indexes which affect premium of an apartment house, and do an importance analyses with each other. Then this study purposes to be of use with the foundation material for the objective index assessment of premium of an apartment house.

• The Korean Journal of Financial Studies
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• v.8 no.1
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• pp.99-116
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• 2002

본 연구는 우리나라가 1996년 외환자유화와 자본자유화로 특징지워지는 국가들의 국제조직인 OECD에 가입한 이후 국내주식시장에서 환위험과 세계시장위험에 조건부로 가격보상이 이루어지고 있는가를 가격결정모형의 가장 일반적 형태인 확률적 할인요소를 이용하여 검정하였다. 무조건부 가격결정모형을 이용하여 국내주식시장에서 환위험프리미엄과 세계시장위험 프리미엄의 존재를 검정하고자 하는 연구들의 결론들이 일치되지 않고 있는 상황에서 조건부 가격결정모형을 이용한 검정노력은 자연스러운 접근순서로 볼 수 있다. 무조건부 가격결정모형에서 위험프리미엄이 존재하지 않는 것으로 검정되는 경우에도 조건부 프리미엄은 존재할 수 있다. 확률적 할인요소는 국내시장위험, 환위험, 세계시장위험 등 세 가지 위험요인이 포함되도록 정의하였으며, 조건부 정보를 구성하는 도구변수는 기존의 선행연구를 참조하여 6개를 선정하였다. 여기에는 상수, 전기의 국내시장수익률, 현재기의 무위험이자율, 전기의 세계시장수익률, 전기의 부도위험스프레드, 전기의 유로달러이자율이 포함된다. 월별 시계열 자료를 이용하여 가설을 검정한 결과 환위험 프리미엄과 세계시장프리미엄이 모두 존재하는 것으로 나타났다. 이 결과는 외환위기 기간이었던 1997년을 제외하더라도 차이가 없었다. 따라서 기업의 재무결정에서 환위험헤징활동 등이 기업가치창조와 무관하지 않음을 의미하고 있다. 국내시장위험과 세계시장위험이 모두 프리미엄을 요구하고 있음은 우리 국내시장이 세계시장과 완전 통합된 상태는 아님을 보여준다고도 해석될 수 있다.

• Journal of Digital Convergence
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• v.18 no.11
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• pp.493-500
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• 2020

The purpose of this study is to analyze the effect of the visual element of the label design image of premium lunch boxes and general lunch boxes on purchasing intention. As a method of research, the label design images and purchase intentions of premium lunch boxes and general lunch boxes from the nation's leading convenience store brands, Seven Eleven, GS25, and CU, were investigated through a survey, T-verification was conducted based on the measured average value and standard deviation was completed after analysis with SPSS 21. The results of the study showed that the label design of premium lunch boxes was recognized by consumers as a premium image that was a point of differentiation from general lunch boxes, and that the proportion of "quality" and "menu composition" was high, This indicates that convenience store premium lunch boxes could also offer consumers a competitive edge in value that is considered premium other than "price."

• The Journal of the Korea Contents Association
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• v.12 no.6
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• pp.486-496
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• 2012

In recent years, the retail industry has been undergoing major shifts. Outlet malls are an important part of the new retail landscape. This paper seeks to increase the understanding of the shopping experiences of visitors to a Premium outlet shopping mall in Shinsagae Chelsea Premium Outlet at Paju City, Gyeongi-do. This paper analyze the Element of the premium outlet across demographics. It explores seven critical factors which significantly influence customers' perceptions of premium outlet. Findings are base on a mall intercept survey with 292 respondents across a range of demographics. The summary of 7 factor is classified as the visual, location, Shopping support, human traces, mood, transit expedience, and tenant. The main implication of these findings is that factory outlet stores are perceived favourably and that they need to build more positive marketing strategies accordingly.

• Journal of Korea Port Economic Association
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• v.40 no.1
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• pp.133-149
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• 2024

According to previous studies, the key factor in determining the loan interest rate for shipping companies is the default risk premium. Therefore, this study analyzes the determinants of the risk premium of shipping loans using a multiple linear regression model. With the risk premium as the dependent variable, a total of 10 independent variables are selected, including three factors: loan characteristics, borrower's creditworthiness, and economic situation. Samples are 82 shipping loans supported by Bank A from 2014 to 2022. As a result, borrower's creditworthiness(current ratio, debt ratio, firm age) and economic situation(freight index) affect the risk premium in analysis for all samples. It is found that borrower's creditworthiness has some influence on the risk premium for container ships(current ratio, cash holding ratio, debt ratio, operating income to sales) and bulk carriers(debt ratio, firm age). Market situation affects the risk premium in gas carriers. However, in the model targeting tanker ships, unlike previous studies, all factors have no effect on the risk premium.

• Journal of Labour Economics
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• v.31 no.3
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• pp.75-105
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• 2008

This paper examines the changes over lime in union relative wage effects during the period of 1988 and 2007. The union wage premium was 3.4 percent in average during the last 20 years. It has fallen in the boom years up to the mid-1990s, but has rapidly risen since the Asian financial crisis of 1997. Time series evidence suggests that the union wage premium is counter-cyclical, which means that it responds to economic conditions with a reverse direction. There has been also a fast increase in the unadjusted wage gap relative to regression-adjusted wage gap during the last 10 years in particular, implying favorable changes in the selection of workers into unionized companies.

• Economic Analysis
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• v.26 no.3
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• pp.1-47
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• 2020

This paper surveys research since the 1990s on the ability of the yield spread and its components (i.e., expectation spread and term premium components) for future economic activity, and also conducts an empirical analysis of their forecasting ability using the yield data of Korean government bonds. This paper's survey, particularly for the US, shows that the yield spread has significant predictive power for some macroeconomic variables, but since the mid-1980s, its predictive power seems to have declined, possibly due to stronger inflation targeting. Next, this paper's empirical analysis using Korean data indicates that the yield spread, and the term premium component in particular, has significant predictive power for industrial production (IP) growth, consumer price index growth, and the IP gap. An out-of-sample analysis shows that the prediction equations are unstable over time, and that in predicting IP growth, the yield spread decomposition makes a significant contribution to the prediction of IP growth.

• Journal of Venture Innovation
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• v.7 no.2
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• pp.101-123
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• 2024

Since COVID-19 crisis, health concerns and the need for interpersonal activities have driven many people to engage in leisure activities, which has naturally led to a steady increase in the participation rate of life sports. However, the start-up rate of sports facilities is decreasing and the closure rate is steadily increasing, and to survive in the over-competitive situation, sports facility operators need to develop and provide services with competitive advantages and come up with differentiated marketing plans. The purposes of this study were to (a) identify rapport-building behaviors for bring about relationship quality, customer satisfaction and customer trust, to a service provider in the sports leisure service environment (b) examine the ways in which customer satisfaction and customer trust induces positive behavior intentions in the sports leisure service environment, and (c) empirically verify the path of rapport- building behaviors through customer quality to continuance intention and WTPP(willing to pay premium price). The proposed conceptual model was empirically tested via structural equation modeling analysis using data collected from 350 adults who enjoy sports leisure services nationwide. Based on data analysis, firstly, attentive behavior, connecting behavior, courteous behavior, and information sharing behavior, were found to have a positive effect on relationship quality ,customer satisfaction and customer trust. Second, customer satisfaction was found to have a positive effect on both continuance intention and WTPP. Third, customer trust, a subcomponent of relationship quality, was found to have a positive effect on continuance intention, but not on WTPP. The findings of this study show that, first, rapport building with customers is important for sustainable growth management in the increasingly competitive sports and leisure service environment.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.42 no.5
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• pp.1049-1057
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• 2017

In-vehicle multimedia systems are one of the most important factors in the automotive industry. Especially, multimedia systems are more important in advanced commercial vehicles such as premium express buses. In this paper, we proposed a multimedia streaming system architecture using MEP(MOST Ethernet Packets) for premium express buses based on MOST150. We have designed and implemented the prototype of proposed multimedia streaming system. We have designed a board based on i.MX6 to operate a proposed multimedia streaming system. The software has designed a multimedia system for premium express buses based on Android which is an open source platform. MOST(Media Oriented Systems Transport) is a high-speed multimedia network technology for in-vehicle multimedia system. The MOST network is able to manage up to 64 devices and ring topology is used basically. In addition, the MOST Network meets EMI(Electro-Magnetic Interference)/ EMC(Electro-Magnetic Compatibility) requirements because it uses plastic optical fibers(POF).

• Journal of Korea Technology Innovation Society
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• v.11 no.2
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• pp.241-263
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• 2008

Within any income approach, a discount rate is used to convert some projected free cash flow to its presented value. In case of valuing companies, the most frequently used discount rate is the weighted average cost of capital(WACC) at the aggregate level. But technology valuation is different to discounting aggregate corporate cash flow since it is concerned about individual Intellectual property. Therefore, blindly applying standard discount rate such as WACC in technology valuation is unlikely to lead to the right result. The primary focus of this paper is to establish the structure of discount rate for technology valuation and to suggest the method of estimation. To determine an appropriate discount rate for technology valuation, the level of technology risk, market risk and competitive risk should be included in the structure of discount rate. This paper suggests the build-up model which consists of three components as a expansion of the CAPM. It includes (1) a risk-free rate of return, (2) general market risk premium and beta and (3) intellectual property risk premium related to technology risk and specific target market risk. However, there is no specific check list for examining the intellectual property risk until now and no specific method for quantifying its risk into risk premium. This paper developed the 10 element to determine the level of the intellectual property risk and applied estimation function such as linear function, natural log function and exponential function to transform the level of risk into risk premium. The limitation of this paper is that the range of intellectual property risk premium is inferred based on the information of foreign and domestic valuation agency. Finally, this paper explored the development of an intellectual property discount rate for technology valuation and presented the method in order to quantify the intellectual property risk premium.