• 가정과삶의질연구
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• 제16권4호
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• pp.221-232
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• 1998

The purpose of this study is to understand asset management behaviors and unearth the equity in marital relations examining empirically the tendency and characteristics of marital role-structure in the process of asset management. The dta of this study was collected from 370 housewives living in Seoul. The findings are as follows. 1) Marital role-structure was proved different according to the stage of asset management 2) Considering all stages of asset management process marital role structure are classified into 7 types. The 7 types was differently shown according to wives' age occupation of husbands income of husbands real estates wives' marital role-attitude and asset management knowledge.

• 산업경영시스템학회지
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• 제22권52호
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• pp.221-228
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• 1999

The purpose of this paper is to see whether the improvement on the financial structure through the asset revaluation is temporary or not. The financial structure of the companies which revalue the asset was improved for the revaluating year, but the financial structure worsened in the next year. Therefore, I can infer that the asset revaluation is carried out to supply their capital by enterprises.

• 국제학술발표논문집
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• The 6th International Conference on Construction Engineering and Project Management
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• pp.691-692
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• 2015

Several scholars in South Korea have predicted that maintenance costs of social infrastructure will sharply increase from the mid-2020s, and cause budgetary deficits among facilities management agencies. Interest in infrastructure asset management (IAM) is rising as a solution to such problem. In this study, an information system for asset valuation that reflects the salvage value and deferred cost of social infrastructure based on WBS (work breakdown structure) was developed in consideration of IAM. To reuse the construction cost information such as the acquisition cost, the interconnection between CBS (cost breakdown structure) and WBS was considered. Furthermore, asset valuation information was developed with XML schema to facilitate the exchange and reuse of the information among project participants.

• The Journal of Asian Finance, Economics and Business
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• 제9권3호
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• pp.11-22
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• 2022

The iron and steel sector is caught between two worlds: "carbon reduction" and "development." The goal of this study is to show that optimizing asset structure to boost intangible assets, particularly brand assets, is a viable strategy to achieve low-carbon development. This study uses panel data from 38 A-share companies in China's iron and steel industry from 2010 to 2020, as well as World Brand Lab data, to create a comprehensive impact index of enterprise value from the standpoint of an asset structure optimization, and to test the impact of intangible assets and brand equity on enterprise value. The findings show that: the asset structure of iron and steel enterprises is closely related to enterprise value, implying that iron and steel industry development necessitates a transformation of quantity control and quality improvement; the proportion of intangible assets in the asset structure of iron and steel enterprises plays a positive and critical role in enterprise value under surplus conditions. The iron and steel industry begins to shift from tangible to intangible assets; there is heterogeneity in the iron and steel industry transformation. Given certain technological levels, the share of brand assets contributes significantly to the increase in enterprise value.

• Journal of Information Processing Systems
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• 제1권1호
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• pp.79-85
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• 2005

In this paper, we dealt with substantial asset analysis methodology applied to two-dimensional asset classification and qualitative evaluation method according to the business process. Most of the existent risk analysis methodology and tools presented classification by asset type and physical evaluation by a quantitative method. We focused our research on qualitative evaluation with 2-dimensional asset classification. It converts from quantitative asset value with purchase cost, recovery and exchange cost, etc. to qualitative evaluation considering specific factors related to the business process. In the first phase, we classified the IT assets into tangible and intangible assets, including human and information data asset, and evaluated their value. Then, we converted the quantitative asset value to the qualitative asset value using a conversion standard table. In the second phase, we reclassified the assets using 2-dimensional classification factors reflecting the business process, and applied weight to the first evaluation results. This method is to consider the organization characteristics, IT asset structure scheme and business process. Therefore, we can evaluate the concrete and substantial asset value corresponding to the organization business process, even if they are the same asset type.

• 국제학술발표논문집
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• The 10th International Conference on Construction Engineering and Project Management
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• pp.965-972
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• 2024

Smart factories represent the Fourth Industrial Revolution and related emerging technologies across all industries. Among those emerging technologies, digital twin (DTw) enables smart manufacturing, resembling the factory's physical components and functional services. Nevertheless, from the owner-operator perspective, there has been only a paucity of studies defining the functional services of 'facility' and 'equipment' for the smart factory. This fact has also encouraged the construction industry to expand its role into factory operations by supporting digitalized production equipment and facilities. In order to address this issue, this study uses the proposed list of three-level facility asset management (FAM) breakdown structure by Jin et al. [12] that is under review for possible publication. The FAM breakdown structure is then validated with function lists from previous studies and existing ISO standards. It selectively covers the areas of traditional construction management (CM), asset management (AM), facility management (FM), and production operation management (OM). A mapping table with practical information systems used in the four areas (CM, AM, FM, OM) is also analyzed to verify the proposed FAM breakdown structure. It is expected that the result of this study can be used as a standard function to develop a smart factory FAM digital twin for researchers and practitioners.

• 산업공학
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• 제20권2호
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• pp.227-234
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• 2007

The national product identifier(NPI) currently used in the national product asset management system does not accommodate ISO or EPC standards due to the limitation of tag memory. For this reason, we propose a new NPI which accommodates not only ISO item identification standards but also the memory capacity of ISO tags. First of all, memory structures of ISO/IEC 18000-6C and EPC tags are analyzed from the view point of product identifier structure. Second, ISO/IEC 15459 and EPC identification standards as item identifier structures for the product asset management are analyzed. Third, based on these analyses, the NPI used for the current RFID-based product asset management system is analyzed and its problems are presented. Finally, a new NPI structure is proposed suitable for ISO/IEC 18000-6C and ISO/IEC 15459.

• The Journal of Asian Finance, Economics and Business
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• 제8권7호
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• pp.469-476
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• 2021

This study aims to examine and measure the impact of capital structure on the profitability of companies in emerging markets. The research sample includes eighteen rubber companies listed on the Vietnam stock exchange from 2015-2019. After collecting the research data, it was imported into excel to calculate the criteria for the research model. By using Stata 16 software, the study selected a data processing model and evaluated the relevance of the regression analysis model. The research results show that the profitability of listed rubber companies in Vietnam (measured by return on equity (ROE) has a positive relationship with the debt-to-asset ratio but has a negative relationship with the long-term debt-to-asset ratio. The results also show a positive impact of firm size and revenue growth on profitability while liquidity and the ratio of tangible fixed assets to total assets do not affect significantly. These results are consistent with most of the previously published studies. However, in contrast to many previous studies, our study shows that the long-term debt-to-assets ratio has a negative effect on profitability while the debt-to-asset ratio has a positive effect. This is entirely consistent with the characteristics of long-term debt use in emerging markets.

• The Journal of Asian Finance, Economics and Business
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• 제7권10호
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• pp.141-148
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• 2020

This paper analyzes factors affecting the debt maturity structure of enterprises listed on the Vietnam stock market. The panel data of research sample includes 549 non-financial listed enterprises on the Vietnam stock market from 2009 to 2019. The Generalized Least Square (GLS) tool is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, debt maturity structure is the dependent variable. Capital structures, fixed assets, liquidity, firm size, asset maturity, profitability, corporate income tax, gross domestic product, inflation rate, credit growth scale are independent variables in the study. The model results show, that among the factors affecting the structure of debt maturity, the capital structure, asset structure, and firm size have the highest estimation coefficients, which shows that capital structure, asset structure, and firm size plays an important role in the decision-making process of debt maturity structure. The empirical results show that there are differences in the impact of these factors on the debt maturity structures in state-owned enterprises and non-state enterprises listed on the Vietnam stock market. The findings of this article are useful for business administrators, helping business managers make the right financial decisions to determine the target debt maturity structure in enterprises.

• The Journal of Asian Finance, Economics and Business
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• 제8권1호
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• pp.45-52
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• 2021

The capital structure is one of the hot financial topics among researchers and scholars. Its importance comes from the fact that capital structure is closely related to companies' ability to meet different stakeholders' needs. A suitable capital structure will boost the business and create a competitive advantage in the context of fierce competition. Many companies choose an optimal debt level based on the trade-off between interest and debt costs. This study aimed to test the existence of trade-off theory in capital structure, the case of Vietnam's real estate companies, which are growing very fast recently. Instead of considering constant optimal leverage to test the trade-off model, we take advantage of the dynamic capital structure determined by growth opportunities, profitability, tax incentives, tangibility, liquidity, and firm size. The dynamic panel data regression was estimated by the system Generalized Method of Moment (Sys-GMM). The empirical evidence showed that real estate companies listed in the Vietnamese stock market might change their leverage toward a target capital structure determined by influential factors in a long-term perspective. In particular, the debt-to-asset ratio will change by approximately 14 percent, positively, in response to the difference between the current debt-to-asset ratio and the dynamic target debt-to-asset ratio.