• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.678-681
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• 2007

There is an increment in Mergers and Acquisitions(M&A) case in international construction market. The world best construction corporations are now merging or acquiring with other companies in variety fields to increase their share of the market in diversified markets and boost their sales. Similarly, M&A cases of Korean construction corporations are now increasing. Although M&A cases are now rapidly increasing, performances of M&A cases haven't been measured. With Economic Value Added technique, the M&A performances of Korean construction corporations are measured in this study.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.2
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• pp.878-884
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• 2012

This study presents a portfolio selection strategy focusing on construction corporations by taking into accounts managerial efficiency and growth potential of a company. Data envelopment analysis(DEA) methodology and dividend scoring table are adopted for evaluating the managerial efficiency and growth potential of a company respectively. In order to show the effectiveness of the portfolios selected by the strategies proposed in this study, we constructed 3 portfolios for every 4 years (2007-2010) out of 56 listed construction corporations in KOSPI and KOSDAQ, and proved that our portfolios are superior to benchmark portfolios in terms of portfolio evaluation measures.

• Journal of the Architectural Institute of Korea Structure & Construction
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• v.35 no.11
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• pp.171-180
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• 2019

This research proposed the Direct Construction System for construction corporations as a strategy intended to perform cause analysis of construction technician shortage matter and solve resulting problems, and in view of the outcomes from the application of this system to the projects and workshops, it was verified that unsteady employment, lack of career prospect, and conditions of work environment can be resolved. In addition, from corporations' perspective, it is considered that by clarifying the abovementioned three problems, fundamental complications of construction administration, quality control, safety supervision, and cost management were settled, concluding forthcoming advancement of domestic construction business quality fell far behind developed counties.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.2
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• pp.899-904
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• 2013

This paper proposes an efficient portfolio selection methodology for the listed construction corporations in KOSPI and KOSDAQ. For the construction industrial sector classified by KRX(Korea Exchange), the proposed method carries out an efficiency analysis using DEA (Data envelopment analysis) approach and for the efficient corporations filtered by DEA, construct portfolio using Markowitz's Model. In order to show the effectiveness of the proposed method, we constructed annually portfolios for 5 years (2007-2011) out of 53 listed corporations in KOSPI and KOSDAQ, and proved that our portfolios are superior to benchmark portfolios in terms of rate of returns.

• Proceedings of the CALSEC Conference
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• 1998.10a
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• pp.27-43
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• 1998

Recently, most corporations in Korea need to construct new management system for overcoming economic crisis. Firstly, this paper suggests “Value Creation system”. Secondly, this paper suggests CALS as strategic substitute to achieve market efficiency, capital efficiency, personal efficiency, and operation efficiency, which are four critical factors of “Value Creation system”. Korean corporations should build new business model founded on cooperation by completing CALS system and reconstruct competitive management system by using knowledge and know-how accumulated in that process. Because most corporations keep exclusive corporate culture and little experience of cooperative relationship among businesses, strategic approaches are essential for construction of CALS. These are vertical integration, organization of CALS construction teams, concurrent development of product/process, CEO's iron will, Precise vision and strategies, and education/training of participant.

• Korean Journal of Construction Engineering and Management
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• v.8 no.2
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• pp.101-108
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• 2007

Currently construction corporations also is whether executing or planning IR activities as other corporation do. We will analyze correlation between stock price and IR activities and execute actual analysis of how IR activities influence stock price in order to identify positive influence of IR activities on Construction Corporations which are executing IR activities for raising capital and investors. We make two hypothesizes through searching thesis and interviewing experts. Two hypothesizes are as follows. First of all, stock price will increase in terms of public of IR activities. Second of all, IR activities targeted on domestic investors will be very successful. We deduce conclusions through verifying two hypothesizes. Conclusions are as follows. First of all, IR activities of construction corporations influence stock price positively. Second of all, IR activities targeted on international are more effective than on domestic Third of all, even though IR activities targeted on domestic is less effective than on international, it is indicated that it have positive influences. Construction corporations give investors frostiness and then will expect to raise capital and renew $its^{\circ}{\phi}$ imageby well executing IR activities.

• Korean Journal of Construction Engineering and Management
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• v.19 no.1
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• pp.32-42
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• 2018

The importance of facility maintenance management cannot be overemphasized in that not only the value but also the performance of the facility is determined by the level of maintenance. The maintenance cost of the facility ranges from 3 to 10 times the initial construction cost depending the type and use of the facility over the life span. This maintenance importance is increased for the group of facilities and even more critical when the facilities compete for the limited budget with the limited resources such as manpower and equipment. This study analyzed sixteen public facility management corporations primarily for three items: 1) facility management system, 2) long-term rehabilitation plan, 3) the rehabilitation selection system. This paper provides and recommends the key elements of the facility maintenance management system based on the analysis of the sixteen corporations.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.427-431
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• 2008

Recently, the thoughts of Employees about the concept of workspace changes a job for a whole life time into the temporary job for an own' career development. To solve the problem, it causes the introduction of Fun Management among Domestic Corporations as the research for a fun and good workspace and the interest for the organization performance through it are increasing. However, the introduction possibility based on enough comprehension for various problems such as the strict relationship in the workspace, the rigid situation on construction site, the increase in the safe accident and the social avoidance phenomena for the employment to construction field in case that the fun management is introduced into domestic construction industry in the future is considered. Therefore, this study to propose the possibility and direction regarding the future fun management, when introduced into the domestic construction industry, by surveying and analyzing the common problems between The present state of the fun management method which is introduced and applied to other industries in advance and the performance process of the fun management which introduced and applied to the domestic construction corporations.

• Journal of the Korea Institute of Building Construction
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• v.18 no.6
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• pp.585-594
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• 2018

Chinese construction corporations take more market shares in the global construction market. The performance of Chinese construction corporations need to be reviewed from the capability and qualification system of the engineers including supervision engineer. The purpose of this study is to analyze the characteristics of professional qualifications for supervision engineer in China. The research methodology is to investigate the qualification exam system, process and examination subjects for searching the fundamental body of knowledge about supervision engineer qualification. The results shows that the qualification system in supervision engineer are classified in detail for the body of knowledge and operated by the government. The qualification examination requires broad and defied knowledge structure together with practical experiences. The research results may lead further research subjects of Chinese construction related qualifications and education system in the ways of more specificity, expertise, and practicality. The mutual understanding of qualification system becomes major issue to build better collaboration in global market.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.12 no.4
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• pp.395-405
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• 2019

The government has strengthened the system of restricting participation of large corporations to limit participation in national information system construction projects and to increase participation of SME software companies. This study analyzes the financial performances of small and medium sized IT firms in Korea three years prior and 3 years after the restrictions on participation of large firm. A sample of 121 small and medium-sized IT services firms were classified into 3 groups and statistical techniques (T-test and one-way ANOVA) were used for the purpose of the analysis. In the three years after the restriction of participation of large corporations, the total assets and sales of the medium and small IT service firms were positive, but the operating profit and net profit were negative. There were many worries about the introduction of the restriction on the participation of large corporations, but many were stabilized. However, the negative impact was more pronounced for SMEs. Therefore, the reduction effect of SME IT service companies is different from the first legislative purpose of enforcing the restriction system of large enterprises, so we propose to revise the policy.