• 제목/요약/키워드: Earning management

검색결과 142건 처리시간 0.023초

자산유동화증권 도입을 통한 BTL 민간투자사업에서의 재원 조달 다양화 방안 연구 (A Study on Diversification of Financing Method for BTL Private Participation in Infrastructure by Introduction of ABS)

  • 박영민;김수용
    • 한국건설관리학회:학술대회논문집
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    • 한국건설관리학회 2006년도 정기학술발표대회 논문집
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    • pp.378-383
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    • 2006
  • 본 연구에서는 최근 활성화 되고 있는 BTL 사업의 재원조달 방법을 다양화함과 동시에 중소건설사의 민간투자사업 참여활성화를 위하여 자산유동화증권 제도의 도입을 검토하고 도입에 따른 효과와 장단점 등을 사례에 대한 민감도분석 등을 통하여 제시하고자 하였다. 이를 위하여 두 가지 형태의 ABS 도입 구조를 제안하고 절차를 제시하였으며 도입에 따른 효과 분석을 위하여 학교시설 신축 사업을 대상으로 조달금리 변화에 따른 사업자의 수익률 변화와 정부의 정부지급금 변화를 분석함으로서 도입의 효과를 계량화 하고자하였으며 ABS 제도의 도입에 필요한 향후 개선 과제를 제시하였다.

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The Behavior of Stock Prices on Ex-Dividend Day in Korea

  • Park, Cheol;Park, Soo-Cheol
    • 재무관리연구
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    • 제26권1호
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    • pp.221-263
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    • 2009
  • This paper studies the behaviour of stock prices on the ex-dividend day in the Korean stock market. Since a majority of listed Korean firms are December firms whose fiscal year end in December and whose ex-dividend day falls on the same calendar day in the year, we use stock prices of Non-December firms to estimate the general stock price movements not related to cash dividends. We estimate excess returns on days around the ex-dividend day. Our major findings are (a) there is no tax clientele effect in Korea, (b) the opening price stock prices fell by the amount of the current cash dividend per share until 2001, but it does not fall as much as the current dividend per share since 2001. Furthermore, in contrast to the U.S. and the Japanese findings, (c) stocks earned negative excess returns on the ex-dividend day until 2001, after which all stocks are earning positive excess returns on the ex-dividend day, and (d) the closing stock price on the ex-dividend day that used to be even higher than the cum-dividend price until 2001 is lower than the opening stock price since 2001. The evidence suggests a structural break has happened around the year 2001.

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간호사 임금수준의 상대적 적정성 연구 (Are the nurses overpaid or underpaid\ulcorner)

  • 김철환;송미숙
    • 보건행정학회지
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    • 제6권1호
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    • pp.59-84
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    • 1996
  • It is generally believed that the medical profession in Korea is an well-paid field along with legal profession. In this vein, the nursing is regarded one of well-paid profession. The actual data, however, reveals that nurses belong to low income bracket. We carefully compare the nurse's earnings with those of other professions. We selected 58 professions, which are similar in vocational characteristics and education background to nurses and conduct a regression analysis to estimate earning functions. Using the estimated coefficients, we project an optimum salary level for nurse, and compare it with the actual salary level. The estimated results show that the nurses are underpaid : their actual salary is less than the optimum level. We provide several explanations for this phenomenon : a tradition based on Confucian value, wage discrimination for women, and wage inequality among hospitals. Undercompensation will result either ratard professional development, or block the motivation for high quality of nursing care. If the current underpaying situation is not improved, a shortage of nurses along with an noticeable decline in the quality of medical services are expected. Therefore an adequate compensation for nurses must be properly assessed and addresed not only be health care authorities but also by legislators. Further research is needed to explain why there is such as wide salary inequality among nurses, and to find what cause it.

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Financial Ratio Analysis of the Textile and Apparel Industries

  • Jung, Hyun-Ju;Hwang, Choon-Sup
    • 패션비즈니스
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    • 제15권3호
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    • pp.125-141
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    • 2011
  • This paper is to focus the financial ratio analysis of the Korean textile and apparel companies due to fast changing domestic industry. Financial ratios are playing a pivotal role in management analysis to assess the present conditions to predict the future. Subjects are belonging to textile and apparel manufacturers based on Firm Classification Standard while registered as securities listed-firms or Kosdaq-listed firms under the Electronic Notification System of Korean Banking Supervisory Authority. 41 companies' data have been analyzed including 17 apparel companies and 24 textile companies. 14 representative financial ratios are analyzed. In this paper, financial ratios can be classified into four categories as follows: stability ratios, profitability ratios, growth ratios and activity ratios. The independent t-test was performed using SPSS 18 for a 10 year simple arithmetic average. The following conclusion has reached regarding aspects of management conditions and performances. When compared the ratios indicating stability, textile and apparel companies did not show much difference in debt ratio and the ratio of earning to interests. However, when compared the profitability ratios measuring the ability to produce incomes, apparel companies showed higher ratios than textile companies. Thus it is important to recognize financial characteristics of each industry.

공공임대주택 사업의 적정 주거비 보조금에 관한 연구 (A Study on the evaluating proper house rental supplement for poors)

  • 이동운;옥선호;김영수
    • 한국건설관리학회논문집
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    • 제8권2호
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    • pp.59-67
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    • 2007
  • 2001년 이후 주택가격의 상승에 따라 저소득층의 주거비 부담이 가중되고 있다. 이러한 문제를 해결하기 위해서 정부에서는 국민임대주택의 지속적인 공급과 더불어 민간주도의 공공임대주택의 확대공급을 적극 장려하고 있다. 주거비 보조제도는 선진복지국가에서 저소득층 세입자의 주거문제해결을 원조하는 방법의 하나로서 임대료 통제 및 공공임대주택의 공급과 더불어 3대 정책수단으로 인식되고 있다. 국내에서도 국민기초생활보장법에 임대료와 수선비 지원이 가능한 주거급여가 제한적으로 포함되어 있으나, 공공임대주택사업의 경우 아직 뚜렷하게 제시된 수익률에 관한 명확한 기준이나 체계가 없어 본격적인 제도발전을 위한 연구가 필요한 단계이다. 따라서 본 연구에서는 공공임대주택사업의 적정 수익률의 산정과 더불어 저소득층의 주거 비 지불능력을 고려한 주거비 보조금액의 기준 제시를 목적으로 한다.

결혼이주여성의 자원체계와 한국생활적응 (International Marriage Immigrant Women's Resources for Life Adjustment in Korea)

  • 홍성희
    • 가족자원경영과 정책
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    • 제17권2호
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    • pp.121-145
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    • 2013
  • The purpose of this study is to understand married female immigrants' life adjustment process in Korea by explaining the resources to which they have access and how they use them. The data were collected through in-depth interviews with ten female participants who have more than one child, have participated in programs of the multicultural family support center, have work experience, can communicate with Koreans, and live in Daegu. The major findings are as follows. The participants' personal resources differed. English language skills were very useful resources for making money and for earning the respect of family members and others. However, the participants without English language skills had sincerely and actively tried to learn the Korean language and gain bilingual competence. The participants obtained diverse family resources from their husbands and parents-in-law after adapting themselves to perform their gender role. Further, the participants used the social resources offered by public support systems as a starting point for learning the Korean language in their early adaptation process, and formed personal networks with staff members at the multicultural family support center. The results show that the participants used many kinds of resources for acculturation by interacting positively with their environment. Moreover, the resources from diverse levels of their environments affected their acculturation process.

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Higher Education Expansion and Labor Market Outcomes: The Case of Vietnam

  • TRUONG, Ha Thu;NGUYEN, Tue Dang
    • The Journal of Asian Finance, Economics and Business
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    • 제8권2호
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    • pp.1263-1268
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    • 2021
  • This study investigates how dramatic increase of university and college graduates affects labor market outcomes. Using a series of seven repeated cross sections of the Vietnam Household Living Standards Surveys, this paper analyzed the changes in the rate of returns to higher education attainment along with the increased supply of university and college graduates due to the higher education expansion throughout the 2002-2014 period. The study utilized a ratio of number of university and college students to the number of upper-secondary pupils within each province as an instrumental variable to calculate the effects of higher education expansion on the labor wage. The study found that, with the basic equations, the coefficients for higher education attainment are statistically significant and have positive values for the whole period. Our instrumental variables were found to be valid. For instrumental variable estimation, the return to higher education in IV earning equations was quite high. The findings of this study suggested that the expansion of the higher education system in Vietnam during 2002-2014 had positive effects on wages for those who increased their education attainment due to the reforms and there was a declining trend of the returns to higher education toward the end of the period.

DEVELOPMENT OF LIFE CYCLE COST ANALYSIS SYSTEM FOR THE BUILD-TRANSFER-LEASE PROJECTS

  • Chun-kyong Lee;Bong-ho Cho;Tae-keun Park
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.119-129
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    • 2007
  • In January 2005, the BTL private investment project was introduced in the Korean construction market as part of the plan to provide high-quality public service and expand the required facilities in a timely manner. Nonetheless, problems such as the low earning rate at the beginning of the business, burden of service compared to the cost of the proposed business, and limitations of the local small and medium-sized companies in relation to their participation in the project arose. The LCC analysis system for the BTL projects was developed as part of efforts toward efficiently investigating the investment eligibility. Specifically, methods for LCC analysis were selected for each stage of the BTL project in relation to the requests of experts for military residential facilities and public educational facilities. Variables were then extracted to derive an accurate analysis value, LCC for the 5 cost items (initial investment cost, operating expenses, maintenance expenses, energy cost, and disposal cost), analyzed, and system enabling comparative analysis for single and multiple initiatives by year and item, developed. Thus, we have to clearly require the accumulation of data to examine the appropriateness of the results of LCC analysis based on data and results.

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주택시장에서 건설회사의 CRM 마케팅 전략 - 모델하우스를 중심으로 (Construction firm's CRM(Customer Relationship Management) Marketing strategy for housing market Focused on Model House)

  • 최익성;김재준
    • 한국건설관리학회논문집
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    • 제6권4호
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    • pp.113-121
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    • 2005
  • 프로젝트의 일정 네트워크는 선-후행 관계로 정의된 액티비티들로 구성되어있다. 액티비티를 완료하는데 소요되는 기간은 현재 주택시장은 시장경제 체제 하에서의 수요자 중심으로 시장이 변화되어가고 동시에 예측할 수 없는 경기 변동의 증대가 이어지고 있다 주택 보급률은 3002년에 벌써 $100\%$를 도달 하였으며 출생률은 계속하여 감소하는 추세에 있다. 이러한 악 조건 속에서 주택 건설업체들이 앞으로 신규고객을확보하고 이윤을 창출하기 위하여 더 이상 새로운 시장을 개척해 나가기 보다는 기존의 고객을 관리함으로써 계속해서 자사의 제품을 이용 할 수 있도록 하는 것이 올바른 방향일 것이다. 이에 본 연구에서는 주택건설업 부문에서의 CRM(고객관계관리) 적용방향을 모델하우스를 중심으로 현시점의 문제점을 제시하고 앞으로 후분양제도의 도입에 맞추어 모델하우스에서의 CRM을 대체할 수 있는 방법을 제안 하고자 한다.

앱 기반 포인트 관리 시스템 개발 (Development of Application-Based Point Management System)

  • 신동진;문진용;김정준
    • 한국인터넷방송통신학회논문지
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    • 제18권5호
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    • pp.179-186
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    • 2018
  • 현재의 포인트 관리 시스템을 운영하는 앱은 포인트에 대해서 적립, 사용, 조회 기능은 제공하지만 다른 사용자들에게 선물하거나 포인트를 사용하여 더치페이를 하는 앱은 존재 하지 않는다. 또한 스마트폰의 보급률은 증가 하지만 앱을 이용하기보다 포인트 관련 카드를 지갑에 넣고 다니는 불편함을 지니고 이다. 물론 이 앱의 서비스가 실행 되기 위해서는 많은 연구와 개발이 필요하겠지만 일단 편리하게 고객에게 사용할 수 있다는 점에서 장점이 존재한다. 따라서 이에 본 논문에서 이야기 하고자 하는 포인트 앱 관리 시스템은 사용자들에게 불편함을 개선시키고 포인트 관리에 대한 편리함을 느낄 수 있다. 포인트 관리 앱 시스템의 구성은 Android 기기를 이용하여 앱을 실행하며 모든 서비스의 포인트를 관리할 수 있다. 또한 포인트와 관련된 금액을 적립, 사용, 조회 등의 기능을 수행할 수 있다.