• 한국건설관리학회논문집
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• 제20권2호
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• pp.68-78
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• 2019

최근 주택 가격이 전국적으로 상승하였고 정부는 실수요자 보호를 위해 금융, 세금 등 다양한 규제를 지역에 따라 시행하였다. 정책 시행 이후 전국적인 주택 가격 평균은 안정되었으나 지역 별로 살펴보면 양극화 현상이 발생하였다. 또한 규제로 인해 오히려 실수요자가 피해를 볼 우려에 대한 논의도 지속되고 있다. 따라서 정책 계획 및 분석에 있어 시장 변수 간의 상관관계 뿐 아니라 미시적으로 시장 참여자들에게 어떻게 정책의 효과가 파급되는 지 분석할 필요성이 있다. 이에 본 연구에서는 변수 간 인과관계로 구성되는 시장 구조 분석을 위한 시스템 다이내믹스와 시장 참여자들의 의사 결정 과정 모델링을 위한 행위자 기반 모델을 통합하여 시뮬레이션 모델을 구축하였다. 개발한 모델에 금융 규제와 세금 규제를 적용하여 주택 가격의 변화와 이에 시장 참여자들이 어떻게 행동하는 지에 대한 분석을 통해 정책의 실효성을 평가하였다. 본 연구를 통해 가격 안정화라는 같은 목적을 가진 두 규제에 대해 시장 참여자들이 다른 의사결정을 함에 따라 시장을 지배하는 피드백의 차이를 확인했다. 이에 따라 정책 대상 지역 뿐 아니라 그 이외의 지역에 대해서도 다른 파급효과가 나타났다.

• 벤처창업연구
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• 제14권5호
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• pp.105-113
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• 2019

본 연구는 전통시장의 상인을 중심으로 사업성과에 미치는 영향을 고찰하여 전통시장의 핵심 성공 요인이 무엇인가를 분석하는데 연구의 초점을 두고 있다. 기존 창업 관련 연구에 기초하여 상인의 특성으로 심리적 특성, 역량, 시장의 물리적 특성을 고려하였다. 분석결과 상인의 내적특성인 위험감수도, 상인의 자부심은 사업성과에 유의미한 영향을 미치는 것으로 나타났다. 상인의 역량 중 상품 역량, 고객관리 역량, 가격 역량은 사업성과에 유의미한 영향을 미치는 것으로 나타났다. 시장의 물리적 특성 중 명성, 상품의 다양성은 사업성과에 유의미한 영향을 미치는 것으로 나타났다. 마지막으로 사업만족도의 매개역할을 확인하였다. 본 연구결과는 전통시장 상인의 사업성과에 상인의 내적인 특성과 역량, 그리고 시장의 물리적 특성에 대한 관련성을 경험적으로 입증하였다는데 의의가 있으며, 이러한 연구결과를 통해서 전통시장 활성화 전략 수립, 정부 지원에 활용될 수 있을 것이다. 그러나 본 연구결과의 한계점은 시장 상인의 상품의 경우 업종별 차이가 있을 수 있는데 이러한 업종별 차이를 규명하지 못했다. 추후 연구에서는 상인의 업종별 역량이나 사업성과와의 관련성에 대한 경험적 연구들이 지속되어야 할 것이다.

• 무역학회지
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• 제44권1호
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• pp.115-127
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• 2019

In recent years, the Indian market has gained worldwide attention in the global trading business environment. Korean companies are also seeking to enter the indian market, and their foreign trade investment strategy is based on the Global Value Chain(GVC). In this study, we examine difference from traditional investment strategy to GVC investment strategy in the age of 4IR(fourth industrial revolution) through using POLS model(pooled least square), FEM(fixed effect model), and REM(randomized effect model). Based on the analysis of 84 monthly data related to the FDI and international trade effects between Korea and India, the following results were found. As Korean companies increased their share of export to the Indian market and export to the Indian market, the number of new companies directly invested in overseas market increased. However, the amount of import into the Indian market was relatively low in relation to the number of new companies directly in overseas markets. As a result of analyzing the investment strategy of the GVC in India, the GVC has shifted from manufacturing to process upgrading to enter the GVC on Smile Curve.

• International Journal of Contents
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• 제16권3호
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• pp.33-44
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• 2020

Small and medium enterprises need a wide range of information regarding technologies, industries, market conditions, other companies, and products to facilitate identification of new growth opportunities and to respond quickly to changes in the business environment. Collecting such information, however, requires the input of resources (human resources, cost, and time), and the lack of marketability resulting from the shortage of such resources is often cited as the reason small and medium often fail in their effort to commercialize their technology. The purpose of this study was to analyze the environmental factors such as market concentration and the current level of competition to enable companies to make the necessary decisions when considering market entry following R&D planning and technology commercialization, or after the development of a new product. Also, an expert-based 5FORCE analysis can be performed using the KMAPS, an industry and market intelligence system: this facilitates automatic production of analyses based on the corporate finance and transaction data. The key contribution of the study is that it facilitates conveniently and quickly analyzing the 5 Forces, which had been a difficult task in the environmental analysis, and that the outcomes of this study empower companies in the decision-making process.

• The Journal of Asian Finance, Economics and Business
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• 제8권4호
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• pp.249-261
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• 2021

To tranquilize the devastating impact of unnecessary risk-taking behavior of banks towards the economy for maximizing their profits that usually arises due to widely known 'moral-hazard' problem originating from market competition and intensified by bank's limited liability, the banking system is strongly monitored across all countries of the world. The goal of controlling would become more feasible if there exist some self-discipline and motivations which could safeguard the banks' charter value through the mechanism of market discipline. Therefore, our study is aimed to scrutinize the relation between market discipline and charter value of local commercial banks that are registered on the Pakistan Stock Exchange by analyzing a balanced panel data from the year 2007 to 2019. Deposit growth, interbank deposits, and subordinate debt are taken as proxies to measure market discipline whereas Tobin's Q theory is applied for calculating the charter value. Generalized Least Square Regression with Fixed Effect Model is used for evaluation. The outcomes reveal that in the existence of control variables, all proxies of market discipline have a significant positive impact on bank charter value. Our research has important policy implications for monitoring and supervising financial intermediaries for their stability and soundness by offsetting the complications of moral-hazard in the financial systems.

• 무역학회지
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• 제45권6호
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• pp.1-22
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• 2020

This paper analyzes the influence of entrepreneurial orientation, international market orientation, and investment performance of Korean SMEs in Vietnam on sequential investment. As a result of analyzing the research model using PLS SEM, it was found that Korean SMEs make sequential investments based on investment performance rather than entrepreneurial orientation or international market orientation. In addition, entrepreneurial orientation increased internationa market orientation and had a positive effect on investment performance, which was found to have a positive effect on sequential investment. Through this study, it was clarified that there is a difference between the determinants of initial investment and sequential investment, and it was confirmed that Korean companies show stable and strategic sequential investment tendency rather than proactive and bold investment in Vietnam. In addition, the mediating effect of international market orientation and investment performance in sequential investment was confirmed. In addition, it was confirmed that entrepreneurial orientation was a valid factor in the indirect effect of sequential investment. In the future, for high entrepreneurial orientation Korean companies entered the Vietnamese market, there will be a need for policy support to provide information on Global Value Chain in Vietnam and establish networks on the country.

• 통상정보연구
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• 제12권1호
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• pp.203-224
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• 2010

With the launching WTO, the world economy has been changing new competitive environment. Agricultural exports should be pursued actively in the market of opening era to develop the foreign agricultural product market and to improve the domestic agribusiness quality and strengthen its competitiveness. The purpose of this is paper is to understand agricultural export status of Korea to detect challenges and matter for improvement, to find new measures of export strategy for the foreign market, recent emerging export promotion with high potential growth, and to increase Korea agricultural export to new world market by using a new method. The profit and loss status is volatile since the agricultural export is in its infancy. However, we have learned lessons from previous success and failure that prior analyzing of agricultural export feasibility, phased-in expansion of agri-food export volume, connection of agri-food export and agri-food market policy. In relation to this, this paper introduces Efficient and Effective Utilization of Communal Facilities in agri-food export. Consequently, First, Export promotion scheme for agri-food is to precise analysis of import countries and to collection agri-food export procedure and agri-food market system. Second, In order to expand export agricultural products to new world market, we need to direct 3rd support program to enhancing competitiveness in expanding export of agricultural export.

• 유통과학연구
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• 제17권4호
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• pp.33-39
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• 2019

Purpose - This paper examines whether product market competition in distribution and service industries is related to audit quality. This paper investigates, specifically, the relationship in distribution and service industries by using Herfindahl-Hirschman Index and audit quality measured by audit fee and audit hour. Research design, data, and methodology - Using 1,011 firm-year observations of listed companies from 2002 to 2016 in distribution and service industries, this study examines whether product market competition in distribution and service industries is related to audit quality. Results - This study finds that market competition in distribution and service industries is negatively related to audit quality and this negative relation is pronounced for the firms with high outside director groups. Further analysis suggests that the relationship between market competition and audit hours is no longer significant. Conclusions - This study extended the existing scope of the audit quality study by systematically analyzing the impact of industrial-level characteristics (i.e. market competition) in the distribution service industries on audit quality. This study, in other words, suggests the regulatory body consider the industrial-level characteristics of each industry in order to enhance audit quality.

• 한국경영과학회지
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• 제28권1호
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• pp.11-23
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• 2003

This study Investigates the short and long-run dynamic relationships between the domestic and U.S. stock markets for the period of declining stock prices. It Is well known that the domestic stock market variations are largely caused by the U.S. stock market movements. Multivariate causal tty test Is utilized to examine the lead-lag relationships among four stock prices of KOSPI and KOSDAQ In the domestic part and DOWJONES and NASDAQ In the U.S. part. When the stock prices tend to decrease In the long run, It Is found that both KOSPI and KOSDAQ have closer relations with NASDAQ than DOWJONES. When both of domestic stock markets are severely fluctuate, bidirectional causal relationships appear to exist between NASDAQ and each of KOSPI and KOSDAQ. On the other hand. when the domestic stock markets are relatively stable, unidirectional causality Is found to exist between NASDAQ and each of KOSPI and KOSDAQ. which is explicitly validated by the analysis of variance decomposition.

• 한국가정과학회지
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• 제4권1호
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• pp.121-133
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• 2001

The purpose of this thesis is to investigate the way how the image of Korean costume could be introduced into the world fashion market, and appreciated by foreigners. For this purpose. 1 focus on analyzing the works of Lee, Yong-Hee presented in Pret-a-Porter Paris Collection and interpreting the image of Korean costume in her works. I propose some imperative factors essential to promote the participating of Korean costume into the world fashion market. Firstly. the Korean costume should be reevaluated and moderated in a degree, to be acceptable or accessible to foreigners. Secondly, the commerciality is to be stressed in the light of fashion industry dealing with the practical function of the costume. Thirdly, Our open-mindness to other culture would also make our costume to be more prevalent in world fashion market paradoxically. The Seoul Collection in 2000 fall was opened by Korean government on the recognition that the fashion industry is highly productive and helpful not only in cultural basis but in economics.