• Title/Summary/Keyword: 환적

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Inter-country Analysis on the Financial Determinants of Corporate Cash Holdings for the Large Firms With Headquarters in the U.S. and Korea (한국과 미국 대기업들의 현금유동성 보유수준에 대한 재무적 결정요인 분석)

  • Kim, Hanjoon
    • The Journal of the Korea Contents Association
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    • v.17 no.6
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    • pp.504-513
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    • 2017
  • This study investigated one of the controversial issues on debate or even controversial between policy makers at the government and corporate levels: To examine any financial determinants on the cash holdings of the firms in the advanced and emerging capital markets. Futhermore, it focused on the large representative firms headquartered in the U.S. and the Republic of Korea, taking into account scarcity of the previous literature concentrated on the comparative studies on this particular subject. Several legitimate, but robust econometric estimations such as static and dynamic panel data models and Tobit regression, were applied to investigate possible financial factors ono the cash liquidity. Given the continued debates or arguments on the excess cash reserves between interest partied at the government and corporate levels in the advanced and/or emerging capital markets, and more accelerated capital transfers among associated nations by engaging in the arrangements of the FTAs, the results of the study may provide a vision to search for the optimal level of corporate cash holdings for firms in the two nations.

Supply Chain-based Freight Distribution Channel Choice Model using Distribution Channel Analysis (유통경로분석을 통한 공급사슬기반의 화물유통경로선택모형 개발)

  • Go, Yeong-Seung;Park, Dong-Ju;Kim, Chan-Seong;Kim, Hyeon-Su;Park, Min-Cheol
    • Journal of Korean Society of Transportation
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    • v.28 no.6
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    • pp.133-146
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    • 2010
  • The objective of this study is to develop a supply chain-based freight distribution channel choice model considering shippers' logistics behaviors which will be used for freight demand estimation. For this purpose, this study utilized the distribution channel data of the petrochemical and automobile industries collected by KTDB center. The distribution channel choice models for these industries were developed by including transport mode, time, cost, and shipment size. It was found that the multinomial logit model with transport cost, time and shipment size is the best, and as shipment increases, bigger transport mode is preferred. Generally direct distribution channel with small truck was preferred over the one using distribution center and/or big truck.

A Study on Railroad Yard Reform for Vitalizing Freight Movement by Railroad: Focused on the Introduction of Piggy Back System (철도물류 활성화를 위한 철도정거장 개량 연구: 피기백(Piggy Back)시스템 도입을 중심으로)

  • Park, Il Ha;Park, Yong Gul;Kim, Sigon;Kim, Yeon Kyu
    • Journal of Korean Society of Transportation
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    • v.32 no.3
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    • pp.227-238
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    • 2014
  • There is no question that railroad investment is crucial for better transport systems and the Korean government has continued to invest in railroad facilities. Nevertheless, the modal share of railroad, in particular, for freight has decreased. This is because rail freight transport can hardly meet customer needs such as just-in-time(JIT), a door-to-door service, compared to road transport, to be specific, trucking which can directly carry the freights to the final destinations. This has made the value of the railroad infrastructure less, which has been operated for the past 114 years. This study proposes a new freight movement concept called Piggy Back System. This system can carry freight trucks on the trains and deliver the freights to the final destinations. It can make a door-to-door deliver system possible for railroad transportation, which is the key factor for modal shift from road to railroad. For implementing this, this study proposes three important things: the cost-efficient reforming way of railroad yard that has been used for the past 114 years, the diagram plan of train services, and some technical reviews like clearance limits. This is the first study with practical proposals and solutions on this topic in Korea. The suggestions of this study cut down distribution costs by more than seven trillion won.

Mat Drying Characteristics of the Wet-thresheds Rough-rice and Effect of Drying Environment on the Cracks Formation (생탈곡(生脱糓)벼의 깔아말림 특성(特性)과 건조조건(乾燥條件)이 동할미(胴割米) 발생(發生)에 미치는 영향(影響))

  • Chun, Jae Kun;Choi, Boo Dol;Lee, Jeong Cheol
    • Journal of Biosystems Engineering
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    • v.6 no.2
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    • pp.58-64
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    • 1982
  • The fresh threshed paddy-mat dryings on the various environments were analyzed on their drying characteristics and rice quality resulted. The moisture content of paddy was mainly determined by the accumulated solar energy received, and which was expressed as a simple equation. The drying characteristics revealed to follow a constant rate drying type, and as the depth increased the more typical constant-rate drying pattern was observed. The relationship between the drying rate and bed depth was established with a simple exponential equation. The raking operation during the drying period showed a favorable effect both on the drying rate and the reduction of crack formation. Drying environments such as straw mat, concrete, ground, polyethylene film did not affect significantly the drying rate and rice quality. Considering the drying rate and quality, the optimum bed depth of mat paddy drying was around 6 cm.

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Effects of Dancing Healing on Post-traumatic Growth -Focused on Female Victims of Domestic Violence in Shelter- (춤 치유가 외상 후 성장에 미치는 효과 -쉼터거주 가정폭력 피해여성을 중심으로-)

  • Shin, Woo-Jung;Lim, Dong-Ho
    • The Journal of the Korea Contents Association
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    • v.18 no.2
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    • pp.158-168
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    • 2018
  • The purpose of this study was to investigate the effect of applying physical expression program through dancing on the post-traumatic growth of domestic violence female victims. The subjects of this study were female victims of domestic violence living in shelters (7 facilities) for women victims of domestic violence in Seoul, consisting of 23 experimental groups and 23 control groups. The dancing healing physical expression program applied to the experimental group consisted of 18 sessions, which was conducted three times a week for 6 weeks, and each session was conducted for 90 minutes. This study was aimed to dancing based on physical expression and movement experience, but focuses on improvisational, non-formal and creative expression for inner expression. We referred to the activities and principles of previous studies, and applied characters, which were counseling techniques, interactions, and healing principles of previous counseling psychology studies on domestic violence and trauma, to every stage of the session. As a result of this study, it was found that the dancing healing physical expression program had an effect on the entire post-traumatic growth of the experimental group and lower dimension lists of the depth of interpersonal relationship, self-perception, potential discovery, spiritual interest level, The results of the post - test were compared. There was a significant difference between the experimental and control groups after the test. In conclusion, this study aimed to understand the fundamental and healing attributes of dance, and provided basic data to establish a virtuous intervention strategy that provided opportunities for self-recovery to those who experienced psychological pain, such as women victimized by domestic violence at the social aspect.

Determining Priority of Transport Policies with a Focus on Data Envelopment Analysis with Ranked Voting Data (자료포락분석(DEA)을 이용한 교통정책 우선순위 설정에 관한 연구)

  • 홍석진;오재학;하헌구
    • Journal of Korean Society of Transportation
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    • v.21 no.5
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    • pp.49-58
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    • 2003
  • The Transport policies in Korea have been planned and implemented as a part of a larger economy policy based on the achievement of economic growth. As a result, previous transport policies have been focused mostly on the supply of transport infrastructure. The average annual economic growth of six percent and a twelve percent growth in motor vehicles until the late 90s led to the acceleration of the imbalance between the supply and demand of infrastructure. As such, there is a need to establish an innovative transportation policy in order to increase national competitiveness and provide momentum for national growth in the Twenty one century. This research has developed strategies and policies based on interviews that were carried out with specialists in transport field. Moreover, some transport policies have been established for the year 2020 through the conducting of a survey. The survey was conducted by interviewing respondents on making the priority of transport policies. which was then analyzed using the Data Envelopment Analysis with ranked voting data. The results are as follows. The most urgent matter was considered to be the development of a inter-modal transport system, followed by an integrated service system for public transport, and the need to increase the competitiveness of the transport and logistics industries and to further transport safety. Meanwhile, the provision of transportation for disabled people as well as the elderly was considered to be less important in Korea than in welfare nations. This stems from the belief as further attention needs to be paid to the construction of a public transport system, the establishment of transportation networks construction in preparation for reunification and the North-East Asian era, as well as the privatization of the transport infrastructure.

Analysis on Development Process of Major Chinese Hub Ports and Characteristics of Panel Data (중국 주요 거점항만의 개발과정과 패널자료의 특성 분석)

  • Park, Yong-An
    • Journal of Korea Port Economic Association
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    • v.29 no.2
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    • pp.39-61
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    • 2013
  • China, a leader of regional economies in North-East Asia, helps to integrate a single shipping market and affects diversely main ports in the region through affecting the flows of container transshipment, strategies of shipping companies for port calling and shipping networks. This study examines competition and cooperation among the hub ports in the region through studying examples of the three Chinese hub ports -Hong Kong, Shanghai, and Tianjin- and concludes some implications of status change of hub ports in the region after scrutinising development process of the Chinese main hub ports and the historic interaction of port development among these ports. The characteristics of growth pattern of three ports are as follows. The port of Hong Kong constructs step by step the container facilities in accordance with demand growth and prefers stabilisation of operation and management through scale enlargement of port facilities. Even though demand grows continually, the port of Shanghai continued its defensive attitude towards facility expansion till the 1990s and has tried to get economies of scale in enlargement of port facilities. The port of Tianjin, similarly as the two other ports, expands serially its facilities and utilizes the capacity concentration and functional specialisation of facilities. The analysis of panel data and panel regression of three hub ports implicates that each port has its own specific demand and shows that the interaction of container handling among three ports was weak in 1980s and has become stricter and stronger since 1990.

A Study on Social Finance Market in Korea ; Focused on Social Impact Bond (한국형 사회적금융시장 조성에 관한 연구 ; 사회성과연계채권(SIB)을 중심으로)

  • Cho, Young-Bohk
    • Journal of Digital Convergence
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    • v.16 no.4
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    • pp.11-22
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    • 2018
  • The Social Economy including social enterprise is solving various social problems of our society by innovative business Nevertheless, social economic companies have limited investment ingrowth due to insufficient capital. There are various attempts to solve the limit of capital investment by social finance. Social iImpact bonds that introduced performance-based compensation into financial system is recognized as a new means of procuring that capital lacks. 89 social impact bonds were issued in 19 countries around the world. )f the 22 social impact bonds reporting performance, 21 bonds report positive performance. The twelve bonds paid incentives to investors. It can be said that the government provides incentives to review the issuance of social impact bonds at the government level, which is difficult to expand the social welfare budget. This study confirmed the performance of the social impact bonds and confirmed the possibility of introducing it in korea. There is a limit to continuously increasing the government's social expenditure to meet demand. Therefore, in order to support the growth of social economy based on private investment, the issuing of social impact bonds should create a virtuous circle of social financial market.

A study of comparison about dream sequence in film based on Freud's Psychoanalysis (Focusing on the film "Mulholland Drive(2001)"and "Inception(2012)") (프로이드의 정신분석학에 의한 영화 속 꿈 표현의 비교 연구 (영화 "멀홀랜드 드라이브(2001)"와 "인셉션 (2012)"를 중심으로))

  • Lee, Tae-Hoon
    • Journal of Digital Convergence
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    • v.15 no.10
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    • pp.437-444
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    • 2017
  • Christopher Nolan's film "Inception (2012)", which depicts the world of dreams as a unique space-time and opens a new chapter in the expression of dreams, portrays the dreamy world of unconsciousness. However, I can find limitations and contradictions in the expression of the actual dreams and essence of unrealistic structures and forms. I can find David Lynch's movies "Mulholland drive (2001)", which are closer to Freud's psychoanalysis in expressing the actual presentation process of dreams Through comparative analysis, I try to analyze the interpretation and context of the dream mentioned by Freud. The film "Inception" can be appreciated in terms of space time and rich imagination created from the point of view of science fiction movies, but it shows that logical reasonability is weak in view of applying the essence of dream. On the other hand, the film "Mulholland Drive" describes the illogical, confusing and unhappy feeling of unconsciousness by giving logic and order based on the interpretation of Freud's psychoanalytic dreams, is. In this way, it is possible to portray more realistic scenes of dreams only through the portrayal of dreams and unconsciousness based on Freud's psychoanalytic viewpoint.

An Exploration on Individual Giving and Volunteering : Focus on the Relationship with Trust (기부 및 자원봉사와 신뢰의 관계에 관한 연구 : Simultaneous Equation Model을 이용한 분석)

  • Kang, Chul-Hee
    • Korean Journal of Social Welfare
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    • v.59 no.3
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    • pp.5-32
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    • 2007
  • Using a national survey data conducted by the Beautiful Foundation, this study attempts to examine the bilateral relationships between philanthropic effort and social trust and between volunteering effort and social trust by using simultaneous equation model. This study also attempts to examine the socialization effect and intergenerational effect of philanthropy and volunteering in family, school, and community. This study found that both philanthropic effort and volunteering effort have a bilateral relationship with social trust. The bilateral relationship between giving and volunteering and social trust suggests that not only can social trust affect the increase of giving and volunteering but giving and volunteering can also influence social trust. Thus, by strengthening trust and facilitating giving and volunteering, we can construct and promote culture of sharing in our society. On the other hand, in the analysis on individual's educational experience in giving and volunteering during school years and individual's family experience (parental practice) in giving and volunteering during school years, it was found that family experience was statistically significant on philanthropic effort and volunteering effort. The result suggests that considering the validity of intergenerational effect in giving and volunteering, it is strategically vital for our society to facilitate and promote family practice in giving and volunteering throughout diverse programs and social marketing. Although this study has a limitation due to the limitedness of the original data, it made a significant contribution to advancing knowledge on the relationship between giving and volunteering and social trust by using elaborate analysis methods. This study emphasizes the necessity of continuous research; more advanced and systematic study based on a more elaborate model and solid data such panel data should be continued for a better understanding of philanthropic and volunteering behavior that can be an important soil for the development of nonprofit human service organizations. Finally, based on the results of the study, this study discusses research directions and practical implications to deepen and broaden the culture of sharing in Korea.

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