• 제목/요약/키워드: Capital Gain

검색결과 85건 처리시간 0.021초

경제발전에 있어서의 경영효율에 관한 연구 (A Study on Managerial Efficiency in Economic Development)

  • 권춘식;배수진
    • 산업경영시스템학회지
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    • 제5권7호
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    • pp.33-42
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    • 1982
  • The standard theory of production treats human and non-human inputs in the same way. Inert Areas Theory drops this assumption. One distinction is obvious. Human capital, the source of human inputs, can not be purchased outright by firms. Usually what is purchased are units of labor time. What is critical is directed effort, at or beyond some level of skill. Direct effort, however, involves choice and motivation, and these are the critical variables left out of the standard theory. Leibenstein introduces the concept of "inert areas" by which he means "a set of effort positions whose associated levels of utility are not equal but in which the action required to go from a lower to a higher utility level involves a utility cost that is not compensated for by the gain in utility." This idea is used when discussing the behavior of firm's management.f firm's management.

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아시아 건설플랜트시장의 진출방안에 대하여 - 한.일 협력방안을 중심으로 - (Regarding the Advance Scheme of Asian Construction Plant Market -Focused on Cooperation Plan of Korea and Japan-)

  • 신용하
    • 산업경영시스템학회지
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    • 제20권43호
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    • pp.381-392
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    • 1997
  • Korea and Japan have maintained an intimate relationship of economic exchange. However, even though both countries have made sound advances in the ASIAN market, they have not established mutually remarkable cooperative relations and advances in the ASIAN market. If korean companies with abundant experience and management ability provide able managers and skilled labor and if Japanese companies provide construction technology, capital and information, they could enjoy enomorous mutual benefits by advancing in the area of plant construction in foreign countries. Therefore, if they cooperate with each other by establishing complementary cooperation, both countries can gain an advantage in international competitiveness with western advanced countries.

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A study on the MD&A Disclosure Quality in real-time calculated and provided By Programming Technology

  • Shin, YeounOuk
    • International Journal of Internet, Broadcasting and Communication
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    • 제11권3호
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    • pp.41-48
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    • 2019
  • The Management Discussion and Analysis(MD&A) provides investors with an opportunity to gain insight into the company from a manager's perspective and enables short-term and long-term analysis of the business. And MD&A is an important channel through which companies and investors can communicate, providing a useful source of information for analyzing financialstatements. MD&A is measured by the quality of disclosure and there are many previous studies on the usefulness of disclosure information. Therefore, it is very important for the financial analyst who is the representative information user group in the capital market that MD&A Disclosure Quality is measured in real-time in combination with IT information technology and provided timely to financial analyst. In this study, we propose a method that real-time data is converted to digitalized data by combining MD&A disclosure with IT information technology and provided to financial analyst's information environment in real-time. The real-time information provided by MD&A can help the financial analysts' activities and reduce information asymmetry.

Using Machine Learning Algorithms for Housing Price Prediction: The Case of Islamabad Housing Data

  • Imran, Imran;Zaman, Umar;Waqar, Muhammad;Zaman, Atif
    • Soft Computing and Machine Intelligence
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    • 제1권1호
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    • pp.11-23
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    • 2021
  • House price prediction is a significant financial decision for individuals working in the housing market as well as for potential buyers. From investment to buying a house for residence, a person investing in the housing market is interested in the potential gain. This paper presents machine learning algorithms to develop intelligent regressions models for House price prediction. The proposed research methodology consists of four stages, namely Data Collection, Pre Processing the data collected and transforming it to the best format, developing intelligent models using machine learning algorithms, training, testing, and validating the model on house prices of the housing market in the Capital, Islamabad. The data used for model validation and testing is the asking price from online property stores, which provide a reasonable estimate of the city housing market. The prediction model can significantly assist in the prediction of future housing prices in Pakistan. The regression results are encouraging and give promising directions for future prediction work on the collected dataset.

미술관 블록버스터 전시의 상업주의적 경향 연구 (The Commercialization of Blockbuster Exhibitions in Museums)

  • 황경자
    • 미술이론과 현장
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    • 제2호
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    • pp.191-213
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    • 2004
  • The trend of "Blockbuster Exhibitions" over the past decade has led to the unfortunate reality that museums, losing sight of their role as an Academic organization, are becoming increasingly influenced by the corporate world. In my dissertation entitled "The Commercialization of Blockbuster Exhibitions in Museums," I explore the modern tendency toward Blockbuster exhibitions in art museums and the negative impact of those exhibitions on the art world. Museums of the modern day have expanded their territory from the traditional venue of public education to the hybrid cultural space. This mission, evident in the museum's attempt to satisfy audiences with the offering of diverse activities, has changed the concept of the museum, giving priority to the desire for financial gain. From the viewpoint of this new museology, the museum considers Blockbuster exhibitions as the safest method to increase ticket sales. As a program that openly reveals the commercialism of the museum, I explore the Blockbuster show and its strategies as a means of exposing the influence of the corporate world on art. A key component to the Blockbuster exhibition is the "hype" that is created to attract an audience. This devotion to increased publicity distracts from what should be the goal of public education, as the primary focus leans towards the desire for a large number of visitors. Consequently, this unavoidably standardized exhibition is presented to the public in a manner that deprives the audience of a unique experience. With large crowds and increased ticket prices, it is difficult to form a genuine appreciation of the artwork. In addition to the profit gained by increased ticket prices and the commercial sales of "souvenirs" from the museum gift shop, Blockbuster shows are used as a means to attract the attention of corporate sponsors. As explained in my dissertation, the importance that the museum places on corporate sponsorship as a capital resource is evident, however the degree to which the museum allows itself to he influenced by the desire for capital gain poses a threat to its function as an academic organization. Circumstances in American museum history, in particular, have influenced the transition from academic resource to corporation within museology. In keeping with the nation's tendency towards capitalism, art museums in the United States were initially established and developed by individual capitalists who applied principals of corporate operation to museum management. As a result, in modern days, We witness the influence of enterprise on museum programs, while corporate management may be able to guarantee immediate fiscal benefits, however, it is unable insure the future of the museum. In Slim, my dissertation discusses the mechanism of the commercialized "Blockbuster Exhibition" and the impact that it has on the future of the museum as an industry. This research provides an opportunity to reconsider the role of the museum as an academic institution, particularly in regard to the need to decrease the capitalization of exhibitions and refocus their influence on the art world as an educational resource.

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택지개발사업의 개발이익 추계에 대한 연구 (A Study of Development Gains Estimation in Building Land Development Projects)

  • 김용창
    • 한국지역지리학회지
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    • 제12권5호
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    • pp.595-613
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    • 2006
  • 개발이익은 토지소유자의 노력과 투자를 동반하지 않은 토지가치의 증가를 일반적으로 지칭하며, 개발이익 환수는 이러한 유형의 토지가치 증가는 공유하여야 한다는 사고를 전제하고 있다. 이러한 개발이익의 발생메커니즘, 향유 주체 및 환수의 경제적 효과를 둘러싸고 많은 논쟁이 전개되었다. 정책대상으로서 개발이익은 토지가치세와 같은 조세형평성의 강화, 도시하부구조 건설재원조달, 토지이용 및 공간계획 관리 목적으로 활용하고 있다. 그러나 개발이익에 대한 이러한 이론적 정책적 논의의 발전을 위해서는 개발이익 발생규모와 특성을 구체적으로 규명하는 작업이 필요하다. 본 연구에서는 택지개발촉진법 도입 이후 주도적으로 택지개발사업을 수행하고 있는 한국토지공사와 대한주택공사의 1995년 이후 전체 204개 개발사업지구를 대상으로 화폐의 시간적 가치를 고려한 할인현금흐름분석법으로 개발이익을 추계하고 그 특성을 밝힌다.

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CP의 등급 변화가 주가에 미치는 영향 (The Effect of the change in CP class on stock price)

  • 윤석곤
    • 한국컴퓨터정보학회논문지
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    • 제4권4호
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    • pp.244-250
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    • 1999
  • 본 연구는 기업의 CP 등급변화가 주가의 비정상수익률에 미치는 영향을 분석하였다. 분석결과 기업의 CP 등급 변화는 주가의 비정상수익률에 영향을 미치는 것으로 나타났다. 즉, CP의 등급이 상승한 경우에는 비정상수익률이 향상되고, CP의 등급이 하락하면 비정상수익률이 하락하는 것으로 나타났다. 그리고 기업의 당기순이익이 큰 기업이 등급이 상승되고, 당기순이익이 적은 기업은 등급이 하락하는 것으로 분석되었다. 또한 기업의 CP 등급 변화시 부채비율이 큰 기업이 등급이 상승되고, 부채비율이 낮은 기업은 등급이 상승하는 것으로 나타났다. 그러나 기업의 주주지분율의 크기. 기업의 기업가치의 크기, 기업의 현금흐름의 크기, 기업의 금융비융 부담률의 크기는 주식의 비정상수익률과 관계가 없는 것으로 나타났다. 본 연구는 기업의 CP 변화에 관한 정보가 자본시장에 미치는 영향을 분석한 것으로 의의가 있다. 그러나 표본기업과 공시시점의 선정에 한계가 있다.

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Substituting oat hay or maize silage for portion of alfalfa hay affects growth performance, ruminal fermentation, and nutrient digestibility of weaned calves

  • Zou, Yang;Zou, XinPing;Li, XiZhi;Guo, Gang;Ji, Peng;Wang, Yan;Li, ShengLi;Wang, YaJing;Cao, ZhiJun
    • Asian-Australasian Journal of Animal Sciences
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    • 제31권3호
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    • pp.369-378
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    • 2018
  • Objective: The impact of forage feeding strategy on growth performance, ruminal fermentation and nutrient digestibility in post-weaning calves was investigated. Methods: Forty-five female Holstein calves (body weight [BW] = $79.79{\pm}0.38kg$) were enrolled in the 35-d study at one week after weaning and randomly assigned to one of three dietary treatments. All diets were fed as total mixed ration containing 60% (dry matter [DM] basis) of basal starter feed and 40% (DM basis) of forage, but varied in composition of forage source including i) alfalfa (40% DM, AH); ii) alfalfa hay (26.7% DM)+oat hay (13.3% DM; OH); iii) alfalfa hay (26.7% DM)+corn silage (13.3% DM; WS). Results: Dry matter intake was not different among treatment groups (p>0.05). However, BW (p<0.05) and average daily gain (p<0.05) of calves fed AH and OH were greater than WS-fed calves, whereas heart girth was greater in OH-fed calves than those fed AH and WS (p<0.05). Ruminal fermentation parameters including proportion of butyric acid, acetated-to-propionate ratio, concentration of total volatile fatty acid, protozoal protein, bacterial protein, and microbial protein in rumen were the highest in OH (p<0.05) and the lowest in WS. Compared with the AH and WS, feeding oat hay to postweaning calves increased crude protein digestibility (p<0.05), and decreased duration of diarrhea (p<0.05) and fecal index (p<0.05). Conclusion: Our results suggested that partially replacing alfalfa hay with oat hay improved ruminal fermentation, nitrogen utilization, and reduced incidence of diarrhea in post-weaning dairy calves.

도시 주택시장의 변동성과 부동산 정책의 한계 : IMF 위기 이후 서울을 중심으로 (Volatility of Urban Housing Market and Real Estate Policy after the IMF crisis)

  • 최병두
    • 한국지역지리학회지
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    • 제15권1호
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    • pp.138-160
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    • 2009
  • IMF 위기로 위축되었던 도시 주택시장은 당시 정부의 경기부양 정책과 더불어 대규모 도시개발 및 부동산 관련금융의 팽창으로 활성화되면서 주택가격의 폭등으로 이어졌고, 지난 정부의 부동산 규제 강화 정책에 의해 겉으로 어느 정도 안정되었다. 그러나 주택시장에 내재된 문제점들과 2008년 중반 이후 국제금융위기의 영향으로, 한국 특히 서울을 중심으로 수도권의 주택시장은 금융위기 및 실물경제 위기와 맞물려 붕괴될 우려를 자아내게 되었고, 현 정부는 이에 대한 강력한 규제완화 정책을 펴고 있다. 이와 같은 도시 주택시장의 역동성은 기본적으로 자본축적을 위한 지속적인 대규모 도시(재)개발, 주거지분화와 독점적 자산이득(즉 독점지대)의 전유, 그리고 부동산의 금융자본화 및 부동산 시장과 금융시장의 결합에 기인한다. 이러한 상황에서 현재 도시 주택가격이 완만한 하향세를 보이고 있지만, 이로 인한 국내 금융위기 발생의 우려를 명분으로 현 정부는 각종 탈규제정책을 시행하고 있다. 그러나 이러한 탈규제정책들은 오히려 부동산 투기와 주택가격의 폭등을 초래할 가능성을 가진다. 따라서 현재와 같은 완만한 가격하락은 부동산 시장, 나아가 사회경제 전반에 긍정적인 효과를 가져 올 것임을 전제로, 대안적 정책이 수립되어야 할 것이다.

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해수어류양식업의 수익성 제고방안 (A Study on the Improvement of Profitability in the Marine Fish Culture Business)

  • 정신작;진상대
    • 수산경영론집
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    • 제28권2호
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    • pp.39-66
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    • 1997
  • The objective of this study is to suggest the improvement method of the profitability in our marine fish culture business. So I investigated the actual condition for aquaculture farms in South Sea coast by the question and actual survey. 1 recognized the following facts; 1) The marine floating netcage system are a great portion in two province - Kyeongnam and Cheunnam, 2) The rockfish are reared absolutely much more than the olive flounder, 3) The polyculture by various species are more carried out than the monoculture of the olive flounder or rockfish, etc. I analyzed the profitability in olive flounder monoculture, rockfish monoculture, olive flounder and rockfish polyculture, and rockfish polyculture taking turns year by year respectively. At a result I comfirmed that the net income to net sales was the highest in the olive flounder monoculture bacouse the olive flounder,s sale price was higher than rockfish price. But internal rate of return(IRR) and net present value(NPV) were high in the olive flounder and rockfish polyculture or the rockfish taking turns polyculture. The reasons were alttributed to their high utility of a netcage and to reduction of a capital cost. So, I suggest 1) to feed the bigger product in short term, 2) to reduction of a feed and seed cost, 3) to increase a survival rate of fish and 4) to enlarge production by highly utilizing a netcage. And I recognized that a aquaculture manager should make constantly an effort to gain more profit by rearing more good products and by reducing a production cost.

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