• The Journal of Asian Finance, Economics and Business
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• 제7권11호
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• pp.747-757
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• 2020

This study investigates the impact of bank regulation and supervision on the efficiency of banking sectors on 108 Islamic banks from 26 countries offering Islamic banking and finance products and services. The technical efficiencies of individual Islamic banks have been analyzed using the data envelopment analysis method (DEA). The ordinary least square estimation method is employed to examine the impact of country supervision and regulation on the technical efficiency of Islamic banks. The empirical findings suggest that supervisory power, activity restrictions and private monitoring positively influence the efficiency of Islamic banks. The study revealed that Islamic banks that are operating in Middle East and North Africa (MENA) and middle-income countries are more technically efficient given the less stringent rules on capital requirement and we found that there is statistically significant evidence that higher capital requirements are negatively associated with the efficiency of Islamic banks. The empirical findings of this study are expected to help policy-makers and government officials to better understand how their decisions affect the performance.

• The Journal of Asian Finance, Economics and Business
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• 제7권9호
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• pp.727-736
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• 2020

The purpose of this study is to investigate the contiguity of social capital and competence on business performance moderating by government policy. A total sample of 225 Village Credit Institution (LPDs) managers in Bali, the hypothesis is examined using the WarpPLS analysis. The findings reveal that social capital has an important role in enhancing performance, Competence is also an important factor for managers because it can intensify performance. Social capital is largely related to the recognition of society regarding the credibility of the managers, while competence emphasizes the ability of the managers to manage the organization. Government policy must be viewed as a regulation that is able to help improve performance. However, the public policies issued by the government are still unable to help improve social capital and competence. Thus, to create public policies that are able to improve the competence and social capital, a further examination into the variables must be conducted. The findings suggest that two-way communication must be developed and synergy between the government and organizations to create opportunities and overcome the increasingly complex business challenges. The results emphasized the importance of social capital in enhancing business performance. In addition, the role of competence is of equal importance to enhance business performance.

• The Journal of Asian Finance, Economics and Business
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• 제9권6호
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• pp.23-32
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• 2022

This paper examines the effects of regulatory capital on a bank's profitability and risk. We employ annual data from Vietnamese commercial banks from 2005 to 2020 and use the dynamic GMM regression method to address the potential endogeneity issue, more suitable for panel data with relatively low time dimensions. Our panel regressions indicate that higher regulatory capital would significantly improve the bank's profitability and lower the bank risks. In particular, a one percent increase in the regulatory capital would significantly increase the bank's return on assets by 1.9%. We further explore the heterogeneous impacts of regulatory capital on the Vietnamese bank's performance across bank characteristics. We find that smaller, non-state-owned and non-listed banks would benefit from stringent regulatory capital requirements. The improvements in bank performance are mainly driven by reductions in the risk premium of the banks, resulting in lower funding costs and higher profitability. These findings are essential since Vietnam, as an emerging market, has only implemented the Basel II reform recently on a stable and fast-growing background rather than as a reaction to the global financial crisis. Thus, our empirical results support stringent regulatory capital in emerging countries to ensure a stable banking sector and boost economic growth.

• 한국정보시스템학회지:정보시스템연구
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• 제30권1호
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• pp.65-84
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• 2021

Purpose Based on the development of artificial intelligence and big data technologies, the RegTech has been emerged to reduce regulatory costs and to enable efficient supervision by regulatory bodies. The word RegTech is a combination of regulation and technology, which means using the technological methods to facilitate the implementation of regulations and to make efficient surveillance and supervision of regulations. The purpose of this study is to describe the recent adoption of RegTech and to provide basic examples of applying RegTech to capital market regulations. Design/methodology/approach English-based ontology and deep learning technologies are quite developed in practice, and it will not be difficult to expand it to European or Latin American languages that are grammatically similar to English. However, it is not easy to use it in most Asian languages such as Korean, which have different grammatical rules. In addition, in the early stages of adoption, companies, financial institutions and regulators will not be familiar with this machine-based reporting system. There is a need to establish an ecosystem which facilitates the adoption of RegTech by consulting and supporting the stakeholders. In this paper, we provide a simple example that shows a procedure of applying RegTech to recognize and interpret Korean language-based capital market regulations. Specifically, we present the process of converting sentences in regulations into a meta-language through the morpheme analyses. We next conduct deep learning analyses to determine whether a regulatory sentence exists in each regulatory paragraph. Findings This study illustrates the applicability of RegTech-based ontology and deep learning technologies in Korean-based capital market regulations.

• 문화기술의 융합
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• 제7권1호
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• pp.511-517
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• 2021

본 연구는 자본적정성 요구가 우리나라 은행의 수익성에 미치는 영향을 DOLS 모형을 이용하여 분석하였다. 분석 결과, BIS 자본비율이 시중은행과 지방은행에 미치는 영향이 상이하였다. 자본적정성 요구가 시중은행보다는 지방은행에 더 크고 유의한 부정적 영향을 미치는 것으로 나타났다. 그리고 거시경제변수보다는 은행특성변수들이 은행의 수익성에 더 유의한 영향을 미치는 것으로 나타났다. 또한 BIS 자본비율이 상승하면 시중은행과 지방은행의 수익성이 감소하며, 대손충당금 비율이 높은 은행일수록 이러한 관계가 강화되는 것으로 나타났다. 일반적으로 시중은행의 경우에는 지방은행에 비해 상대적으로 규모도 크고 자본도 상대적으로 충실한 편이이서 자본적정성 요구가 크게 영향을 미치지 않은 것으로 추정된다. 그러나 지방은행의 경우에는 BIS 자본비율 충족을 위해서는 보다 안전한 자산을 선택할 필요가 있으며, 이러한 안전의 자산의 선택 비중이 증가함에 따라 수익성에 상대적으로 더 큰 부정적 영향을 미치는 것으로 보여 진다. 따라서 금융당국은 이러한 점을 고려하여 은행의 자본금 규제 정책을 시행하여야 할 것이다.

• Journal of Preventive Medicine and Public Health
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• 제54권4호
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• pp.221-229
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• 2021

Objectives: The Indonesian government issued large-scale social restrictions (called Pembatasan Sosial Berskala Besar, or PSBB) at the beginning of the coronavirus disease 2019 (COVID-19) pandemic to control the spread of COVID-19 in Jakarta, Bogor, Depok, Tangerang, and Bekasi (Greater Jakarta). Public compliance poses a challenge when implementing large-scale social restrictions, and various factors have contributed to public non-compliance with the regulation. This study aimed to determine the degree of non-compliance and identify the factors that contributed to public non-compliance with the PSBB in Greater Jakarta, Indonesia. Methods: This was a quantitative study with a cross-sectional design. A total of 839 residents of Greater Jakarta participated in this study. Data were collected online using a Google Form, and convenience sampling was undertaken. Univariate and multivariate analyses were performed to explore the relationships between public non-compliance with the PSBB regulation and socio-demographic variables, respondents' opinion of the PSBB, and social capital. Results: A total of 22.6% of subjects reported participating in activities that did not comply with the PSBB. The variables that most affected non-compliance with the PSBB were age, gender, income, opinion of the PSBB, and social capital. Conclusions: Strengthening social capital and providing information about COVID-19 prevention measures, such as washing one's hands with soap, wearing masks properly, and maintaining social distancing, is essential. Robust public understanding will foster trust and cooperation with regard to COVID-19 prevention efforts and provide a basis for mutual agreement regarding rules/penalties.

• 한국병원경영학회지
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• 제3권1호
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• pp.238-260
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• 1998

This article describes the theoretical foundations of government policy for hospitals in terms of correcting market failure and enhancing equity. It then discusses the characteristics that desirable payment systems should have, and the effects of the DRG-based prospective payment system on hospital behavior, its financial performance, hospital industry, and health care expenditure. The rationales and impacts of other public policies for hospitals such as antitrust and fair trade regulation, dissemination of practice guidelines and hospital mortality information, regulation of hospital capital investment, and tax policy are also discussed.

• 재무관리연구
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• 제26권3호
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• pp.171-198
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• 2009

본 연구는, BIS 자기자본규제가 신용위험과 시장위험 뿐만 아니라 운영위험을 감안하는 제도로 점차 강화되고 있는 시점에 자본규제가 우리나라 은행들의 자산운용행태와 여신건전성에 어떠한 영향을 미치는가를 분석하기 위한 것이다. 이 목적에 부합되는 은행경영지표와 거시경제지표를 실증모형의 변수로 선정함과 아울러 이에 상응하도록 구성한 은행별 횡단면자료와 분기별 시계열자료(2000년1분기~2009년 1분기)의 통합자료(pooled data)를 SUR 기법으로써 실증분석하였다. 실증을 통해 분석한 자본규제정책의 효과성, 자본규제제도의 발전 방향을 위한 시사점은 다음과 같다. 첫째, BIS 자기자본규제가 수정협약단계로 강화되기 전의 2001년 말 이전의 표본기간에는 BIS 비율이 하락에 대응하여 국채투자비중을 늘려온 현상이 현저하였다. 그러나 2002년 말 이후에는 수익성이 낮은 국채비중을 늘려 위험가중자산을 조정하는 현상이 줄어들고 BIS 비율을 유지 또는 개선하기 위해 이익잉여금 창출, 신종자본증권 발행, 후순위채 발행 등에 의한 자본 확충이 선호되는 경향이 나타나고 있다. 둘째, BIS자기자본 규제가 더욱 강화된 2002년 이후의 표본기간에는 자기자본의 증감에 따라 대출금비중의 증감이 일어나는 동조화 현상이 현저하였으며, BIS 자기자본규제가 금융시장의 신용경색에 일정부분 영향을 미쳐 온 것으로 나타났다. 셋째, BIS 자기자본규제의 강화에 따라 은행들이 차주의 신용도를 보다 정교하게 평가하여 차주를 선택함으로써 여신건전성 제고에 노력을 기울이려는 유인을 갖게 되었으며 BIS 자기자본규제가 여신건전성 향상에 매우 긍정적인 영향을 미쳐온 것으로 나타났다. 넷째, 은행의 건전성 강화를 위한 BIS 자기자본규제가 긍정적 효과를 발휘하도록 함과 동시에 경기침체를 유발하는 신용경색 같은 부작용을 최소화 하려면, 은행의 자본확충경로가 활성화 된자본시장의 환경 조성, 은행의 건전성 강화를 위한 시장규율, BIS 자기자본규제의 효율적인 감독이 뒷받침되어야 한다.

• BMB Reports
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• 제52권4호
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• pp.277-282
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• 2019

Currently speaking, it is noted that radiofrequency ablation (RFA) has been the most widely used treatment for hepatocellular carcinoma (HCC) occurring in patients. However, accumulating evidence has demonstrated that the incidence of insufficient RFA (IRFA) may result in the identified rapid progression of residual HCC in the patient, which can greatly hinder the effectiveness and patient reported benefits of utilizing this technique. Although many efforts have been proposed, the underlying mechanisms triggering the rapid progression of residual HCC after IRFA have not yet been fully clarified through current research literature reviews. It was shown in this study that cell proliferation, migration and invasion of residual HepG2 and SMMC7721 cells were significantly increased after the IRFA was simulated in vitro. In other words, it is noted that IRFA could do this by enhancing the image of autophagy of the residual HCC cell via the $HIF-1{\alpha}/BNIP3$ pathway. Consequently, the down-regulation of BNIP3 may result in the inhibition of the residual HCC cell progression and autophagy after IRFA. Our present study results suggest that IRFA could promote residual HCC cell progression in vitro by enhancing autophagy via the $HIF-1{\alpha}/BNIP3$ pathway. For this reason, it is noted that the targeting of the BNIP3 may be useful in preventing the rapid growth and metastasis of residual HCC after IRFA.

• 한국노년학
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• 제37권3호
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• pp.707-726
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• 2017

본 연구는 노인들의 개인수준에서 사회자본을 어떻게 인식하고 있는지에 대한 유형을 분류하고 이러한 차별화된 유형에 영향을 미치는 요인들을 실증적으로 분석하는 것을 목적으로 한다. 연구목적 달성을 위해 2014년 전국거주 만 65세 이상 1,060명 노인을 대상으로 조사한 '노인문제 및 지역사회자본 조사연구' 데이터를 활용하여 K-평균 군집분석과 다항명목 로지스틱 회귀분석을 실시하였다. 본 연구의 주요변수인 사회자본은 신뢰, 규범, 네트워크, 사회참여로 측정하였고 영향요인으로는 인구학적, 사회계층적, 정치종교적, 그리고 주거환경적 변수들을 선택하였다. 분석 결과 노인의 사회자본 인식에 대한 3가지 유형(사회자본 잠재형, 사회자본 단절형, 사회자본 풍족형)이 발견되었다. 3가지 유형들은 서로 다른 외재적 특징(나이, 교육, 생활수준, 주택소유, 정치성향, 종교, 거주지역, 주거형태)을 가지고 있었다. 사회자본 잠재형과 비교하여 나이가 젊을수록, 정치 성향이 진보적일수록, 종교가 없다고 응답할수록, 농어촌에 거주하지 않을수록 사회자본 단절형에 속할 확률이 높았다. 반면, 여성일수록, 학력이 높을수록, 연립과 다세대 주택에 거주하지 않을수록, 생활수준이 높을수록, 기독교를 믿을수록, 농어촌에 거주하지 않을수록 사회자본 풍족형에 속할 확률이 높게 나타났다. 본 연구의 분석결과를 기반으로 하여 실천적 정책적 제언을 제시하였다.