• Title/Summary/Keyword: Credit Capacity

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A Study on Suitability of Technology Appraisal Model in Technology Financing (기술력 평가모형의 기술금융 활용 적합성 연구)

  • Lee, Jun-won;Yun, J.Y.
    • Journal of Korea Technology Innovation Society
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    • v.20 no.2
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    • pp.292-312
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    • 2017
  • The purposes of this research are to verify: first, if the technology appraisal model reflects the company's management performance and the rates of bankruptcy and overdue; second, if the existing classification system of technology levels is suitable; and third, which is the most important appraisal factor that defines the classification system of technology levels. As a result of the analysis, financial performance (stability) and non-financial performance (technology environment) proved to be significant variables in explaining technology ratings. According to the verification of the suitability of classification system, it appeared that there is a significant difference in all appraisal items of all groups. The result of neural networks model verification indicates that the most important variable was the R&D capacity, the second variables which determine the suitability of technology financing were indicators related to the company management. The second variables which determine a company's technological excellence were a company's technological base. To summarize, the technology appraisal model not only reflects both managerial performance and risks of a company, but also anticipates the future by converging the management competence and technological competitiveness into R&D capacity. This implies that if the 'forward-looking' technology appraisal model is integrated into the existing, credit rating model, the appraisal model may have positive impact on improving anticipation and stability.

Analysis on General High School Locations for Opening Common Curriculum Courses based on High School Credit System: Focusing on Seoul (고교학점제에 따른 일반고의 공동교육과정 과목 개설학교 입지 분석: 서울시를 중심으로)

  • Kim, Sung-Yeun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.3
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    • pp.148-159
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    • 2021
  • This study focused on searching for optimal locations for general high schools by considering the minimum move distance and the maximum student capacity upon starting a common curriculum based on a high school credit system by taking Seoul as an illustration. The main results were as follows. First, the results from P-median showed that the students' average move distance was below 625m when more than 30% of general high schools offer the common curriculum courses. In addition, the results from MCLP indicated that it was possible to hold all the students. Second, although all the universities located in Seoul open the common curriculum courses, it would not be available to hold all students. On the other hand, when more than 20% of the universities open the courses, MCLP indicated that it was possible to hold the same capacity. In addition, the Office of Education should support moving to the universities offering courses for students affiliated with high schools located in the southeastern area of Seoul and in poor transportation areas. It is expected that by suggesting a problem solving framework regarding space with a spatial optimization method, the study results can be used as a basic data for selecting schools offering common curriculum courses.

A Comparative Study on the Curriculum of Nursing Education in America and Korea (한.미 간호 교육과정의 비교 연구 -간호대학과정을 중심으로-)

  • 김정자
    • Journal of Korean Academy of Nursing
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    • v.7 no.2
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    • pp.60-82
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    • 1977
  • The purpose of this study is first, to analyse the present nursing education and the curriculum in Korea in view of the changes and the new tendency of nursing education and second, to compare our curriculum with that of America, where nursing activities are actively earring on and, third, to try to find out what we should reconsider and improve in our nursing education. The object of this study is the educational program and the curriculum from 1973 to 1976 by selecting each five from colleges and department of nursing in Korea and America. The results of the study were as fellows : . 1. The aim of nursing education puts impassion the role of leader, knowledge and technology of nursing, welfare of society and service of community in both the America and Korea. In Korea nursing is mainly restricted to the treatment of diseases, while in the America the items of the aim of nursing are mainly extended to the capacity for Self- realization of nurse, in Korea they are restricted to the treatment of diseases. 2. In Korea the rate of credit of the curriculum of nursing education is the highest in professional education, next in general education, next in supporting science and educational subject, while in America the rate of the credit is the highest in general education, next professional education and then supporting Science and educational subject isn′t included in the curriculum. 3. In both Korea and America the role of the animal credit allotment in general education, is the highest in the first year and the rate in supporting science is the highest in the second year. In Korea professional subjects are concentrated in the third year while in America there is a tendency that they are increasing in number in the grade order. 4. There is a tendency that the rate of the credit allotment of the main professional subjects in curriculum is higher in Korea than in America : that is, in Korea the rate of the allotment of the credit is the highest in medical - surgical nursing, next maternal - child nursing, next community - health nursing and the psychiatric nursing and there in a great difference in the rate of the allotment of each credit. While in America the rate of the allotment of the credit is the highest in community - health nursing, next in medical- surgical nursing, next in maternal - child nursing, and then in psychiatric nursing and there is little difference in the rate of tile allotment of each credit. 5. From general education, supporting science and professional education, they have considered the continuity and sequence in the structure of nursing curriculum of Korea and America. While in Korea we have partly made integration in tile content of the subjects. Most of the school in America, they have made integration in the content of subjects especially in all subjects, but in Korea we haven't made it in all subjects. 6. In the system and form of nursing education Problem solving method, Dialectical method and operational method are introduced in some America schools and in others there is a tendency that the whole nursing education has the system based on Preventive frame - work or Health -illness frame work ; while only one college has an attempt for Health - Illness continue in Korea. 7. In Korea nursing education, as the importance of health- nursing and team nursing, the aim which is also comparatively emphasized is about health management and service of collective community. The subject pertaining to the aim is the studies of community health nursing, which are more in number in America. 8. When we consider the association between the social, general aims ?f the nursing education and the formation of the curriculum in Korean nursing school the courses of study concerning "the role of leadership and cooperative personal relation": "nursing care for the group": dynamic nursing care": and "the system of the public health nursing associated with the understanding of the regional community" are insufficient as compared with those of America. Especially, the lack of the behavioral science including the nursing care connected with the care for the group, the basic science on the clinical and developmental psychology, anthropology in known to be a prominent issue.

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Perfecting the System for Assessment of the Financial Potential of a Transport Enterprise

  • Nesterov, Evgeny Aleksandrovich;Borisov, Andrei Viktorovich;Shadskaja, Irina Gennadievna;Shelygov, Aleksandr Vladimirovich;Sharonin, Pavel Nikolaevich;Frolov, Alexander Lvovich;Lebedeva, Olga Yevgenievna
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.109-116
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    • 2022
  • The article is devoted to perfecting the system of management of the financial potential of transport enterprises. It is established that transport as an integral part of the state economy has to organically enter the market economy and provide sustainable transport services to national economy enterprises regardless of ownership, as well as ensure passenger transportation. It is also determined that in the conditions of market relations, transport highways must perform their functions with sufficient economic benefit to keep their material and technical resources in good order, conduct an investment policy with extensive use of scientific and technological progress, as well as a social policy guaranteeing the conditions for employees' motivated work. The study reveals an association between the financial and strategic goals of transport enterprises and the minimization of their economic risks, the prevention of bankruptcy and profit margin shortfalls. It is found that transport enterprises need to strive for the overall improvement of their financial potential through increasing the components of financial potential and assessing the impact of risk factors on them: the capacity of fixed assets, the capacity of financial resources, the capacity of services, and the capacity of credit opportunities. These are the elements of transport enterprises' financial potential that ensure its desired level. It is demonstrated that of critical importance in managing the financial potential of a transport enterprise is the role of financial resources, as a subject cannot reach the desired strategic goals without them.

A Critique of Designing Resource Adequacy Markets to Meet Loss of Load Probability Criterion

  • Yoon, Yong T.;Felder, Frank A.
    • KIEE International Transactions on Power Engineering
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    • v.3A no.1
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    • pp.35-41
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    • 2003
  • To ensure resource adequacy in restructured electricity markets, policymakers have adopted installed capacity (ICAP) markets in some regions of the United States. These markets ensure that adequate generation exists to satisfy regional Loss of Load Probability(LOLP) criterion. Since the incentives created through ICAP mechanisms directly impact new generation and transmission investment decisions we examine one important factor that links ICAP markets with LOLP calculations;, determining the amount of ICAP credit assigned to particular generation units. First, we review and critique the literature on electric power systems' market failure resulting from demand exceeding supply. We then summarize the method of computing (the LOLP) as a means of assessing reliability and relate this method to ICAP markets. We find that only the expected value of available generation is used In current ICAP markets while ignoring the second and higher order moments, which tends to mis-state the ICAP value of a specific resource. We then consider a proposal whose purpose is to avoid this ICAP assignment issue by switching from ICAP obligations to options. We find that such a proposal may fail to not provide the benefits claimed and suffers from several practical difficulties. Finally, we conclude with some policy recommendations and areas for future research.

Cross-Border Asset Pledgeability for Enhanced Financial Stability

  • Choi, Gongpil
    • East Asian Economic Review
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    • v.24 no.1
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    • pp.89-124
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    • 2020
  • Even with the sizable Foreign Exchange (FX) holdings and good credit ratings of its top assets, Asia remains vulnerable to various shocks. This paper highlights the limited cross-border asset pledgeability as a significant factor for the lingering vulnerability in Asia. The dichotomy in asset holdings between pledgeable FX and non-pledgeable domestic assets in major economies in Asia has been the source of increasing stabilization costs as well as weakened market momentum in the region. Specifically, the peculiar feature of asset holdings in Asia reflects seriously deficient cross-border asset pledgeability that is left unaddressed. Asset pledgeability contributes toward financial stability via three channels: 1) capital market development by recognizing the role of collateral, 2) increased shock absorption capacity via collateral management, 3) and the newly activated safe asset provision. Therefore, it is crucial to go beyond the usual market development strategy and expand the overall asset pledgeability in the region that has remained unduly depressed.

Enhanced Hybrid Privacy Preserving Data Mining Technique

  • Kundeti Naga Prasanthi;M V P Chandra Sekhara Rao;Ch Sudha Sree;P Seshu Babu
    • International Journal of Computer Science & Network Security
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    • v.23 no.6
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    • pp.99-106
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    • 2023
  • Now a days, large volumes of data is accumulating in every field due to increase in capacity of storage devices. These large volumes of data can be applied with data mining for finding useful patterns which can be used for business growth, improving services, improving health conditions etc. Data from different sources can be combined before applying data mining. The data thus gathered can be misused for identity theft, fake credit/debit card transactions, etc. To overcome this, data mining techniques which provide privacy are required. There are several privacy preserving data mining techniques available in literature like randomization, perturbation, anonymization etc. This paper proposes an Enhanced Hybrid Privacy Preserving Data Mining(EHPPDM) technique. The proposed technique provides more privacy of data than existing techniques while providing better classification accuracy. The experimental results show that classification accuracies have increased using EHPPDM technique.

Flow Control Algorithm for ABR Service in VS/VD Switch (VS/VD스위치의 ABR 서비스 향상을 위한 흐름 제어 알고리즘)

  • 정광일;온종렬;전병실
    • The Journal of the Acoustical Society of Korea
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    • v.18 no.6
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    • pp.65-70
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    • 1999
  • In ATM network there exist several traffics according to QoS, such as CBR, rt-VBR, nrt-VBR, UBR, and ABR. Many studies have done at the traffic management of ABR which uses the unused network bandwidth. Many flow control mechanisms have proposed to use efficiently the unused bandwidth. In TMWG(Traffic Management Working Group) of ATM Forum, there exist rate-based, credit-based, and mixture of them to manage flow control of ABR traffic. Among these, rate-based mechanisms adopted as standard because it is flexible and also makes it possible to implement ATM switch with low price and high capacity. In this paper, we study the switch that uses EFCI, ER and VS/VD(Virtual Source/Virtual Destination) with rate-based mechanism. Instead of using queue threshold, we propose a new algorithm which uses bandwidth threshold of input stage of switch, and manages efficiently ABR traffic with EPRCA algorithm.

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Verification Test of High-Stability SMEs Using Technology Appraisal Items (기술력 평가항목을 이용한 고안정성 중소기업 판별력 검증)

  • Jun-won Lee
    • Information Systems Review
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    • v.20 no.4
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    • pp.79-96
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    • 2018
  • This study started by focusing on the internalization of the technology appraisal model into the credit rating model to increase the discriminative power of the credit rating model not only for SMEs but also for all companies, reflecting the items related to the financial stability of the enterprises among the technology appraisal items. Therefore, it is aimed to verify whether the technology appraisal model can be applied to identify high-stability SMEs in advance. We classified companies into industries (manufacturing vs. non-manufacturing) and the age of company (initial vs. non-initial), and defined as a high-stability company that has achieved an average debt ratio less than 1/2 of the group for three years. The C5.0 was applied to verify the discriminant power of the model. As a result of the analysis, there is a difference in importance according to the type of industry and the age of company at the sub-item level, but in the mid-item level the R&D capability was a key variable for discriminating high-stability SMEs. In the early stage of establishment, the funding capacity (diversification of funding methods, capital structure and capital cost which taking into account profitability) is an important variable in financial stability. However, we concluded that technology development infrastructure, which enables continuous performance as the age of company increase, becomes an important variable affecting financial stability. The classification accuracy of the model according to the age of company and industry is 71~91%, and it is confirmed that it is possible to identify high-stability SMEs by using technology appraisal items.

A Research on Mediating Effects of absorptive capacity between Financial Information System quality and Financial Performance -Focused on The Community Credit Cooperative (금융정보시스템 품질과 흡수역량이 금융성과에 미치는 매개효과 연구 -새마을금고를 중심으로-)

  • Noh, Jae-Woo;Yang, Hae-Sool
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.6
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    • pp.2575-2587
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    • 2011
  • Whereas the early financial information technology invested a large amount of investment on developing and adopting its own new systems. it is now focusing on reducing expenses and improving internal efficiency but applied for securing a company's competitive advantage considering the long term strategic level. As relevant researches, studies on information system quality and performance are actively going on. In previous research, the relations of the influence on the financial performance by information system quality or absorption capacity have been reviewed. In other words, the information system quality and absorptive capacity, respectively, in the position of the independent variables have been studied as a factor to have a significant effect on financial performance while the research on the relationship between these two variables is lacking. Thus, in this researches, quality of financial information systems and the absorptive capacity, respectively, as independent variables and parameters on the mediating effect on the financial performance were researches. As a result, quality of financial information systems showed a positive effect on the performance of company, the absorption capacity was perfect to play the role of mediating one. However, absorptive capacity as an independent variable has a positive impact on financial performance, but the quality of financial information systems as a parameter was not affected in any manner.