• Title/Summary/Keyword: Financial structure

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A Quantitative Study on Growth of Social Enterprise in Korea - Focused on Financial Performance during 2007~2010 - (사회적기업의 성장에 관한 양적 분석 - 2007~2010년 경제적 성과를 중심으로 -)

  • Kwag, Seon-Hwa
    • Management & Information Systems Review
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    • v.32 no.1
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    • pp.289-309
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    • 2013
  • Social enterprise has moved from periphery to take center stage. Social enterprises are a truly global phenomenon and associated with solving social problems with business approaches. While the numbers of social enterprises have grown and their impact is likely to continue to do so, it would be dangerous to assume that the revolutionary momentum will automatically continue, because social enterprise faced sustainability challenges. This study collected the data from directory of Korean Social Enterprise to conduct a quantitative research on the growth of social enterprise in South Korea. This study conducted longitudinal analysis of 491 social enterprise certified between 2007 and 2010, of economic performance with financial index and social impact with employment structure. Though global financial crisis, Korean social enterprises show that there is a considerable increase in all of quantitative and qualitative aspects. Korean social enterprises have provided meaningful work to those normally excluded from the labour market and tried to raise their life of working. In the future, Korean social enterprises should find a way to balance social and financial performance and ensure the sustainability of the business.

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Study for Support Structure of Liftable Car Deck on PCTC (자동차 운반선 이동식 갑판의 Latch 보강 적정설계 연구)

  • Na, Yongmoon;Chae, Wooki
    • Special Issue of the Society of Naval Architects of Korea
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    • 2013.12a
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    • pp.60-65
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    • 2013
  • Now days, the demands of new type hull lines and optimum design in relation with the EEDI (Energy Efficiency Design Index) regulation and eco-friendly high efficiency vessel design are mandatory clauses in Euro financial crises era. Therefore, in correlation with the above, we tried to find the optimum results and revealed the alterations of supporting structure for liftable car deck latch on PCTC. Generally, PCTC (Pure Car & Truck Carrier) design has been performed by 2 pillar space model F. E analysis without vehicle loads on liftable car deck to evaluate the structural adaptability. So, we applied mentioned vehicle loads on pillar and side transverse web on model to compare with not applied model and performed the ultimate strength analysis of improved design for the safety evaluation.

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Design Optimization Using Conflicting Building Information - A case Study Focused on the View and Structure in High-Rise Building Design

  • Cheon, Janghwan
    • Architectural research
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    • v.15 no.2
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    • pp.69-75
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    • 2013
  • Within residential high-rise market there are many value determining factors. Site condition, view, program, units and structure are important parameters that are directly related to the financial aspect of the project. However, most of the studies of high-rise building design focus on the facade and the shape strategies from an esthetic point of view without considering these factors. The objective of this study is to investigate new design approach that incorporates site, program and structural information at an early stage as a generator of building form and explore a wide range of strategies to negotiate these factors in the process of design/decision making. Not being based on designer's subjective preference or style, architects still can create interesting building design through integration and negotiation of various building information. Since this form is based on real data, not just play of form, we can expect that this form has great potential to be developed into real one at the later design phase.

Central Eastern Europe's Pattern of Industrial Development and Regional Structure in Market Distribution

  • Seo, Dae-Sung
    • Journal of Distribution Science
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    • v.13 no.6
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    • pp.17-23
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    • 2015
  • Purpose - Transnational corporations (TNCs) have influenced drastic changes (financial services, manufacturing, labor, technology transfer) in Central Eastern Europe (CEE). This paper examines the indirect changes in the CEE pattern of industrial development and market distribution. Research design, data, and methodology - Over 25 years, neighboring (or rival) countries competed to attract TNCs as a double-edged strategy for privatization and debt reduction. Through their experience attracting foreign direct investment (FDI), many countries started to reflect aspects of national capitalism. Countries also began to realize in 2010 that TNCs sought to enter markets with more favorable conditions for export-oriented manufacturing. Results - The analysis reveals that TNC investment strategies were aimed at eliminating local competition to acquire industrial "brown fields" to convert into "green fields." CEE countries have since strengthened their national systems and the support of large-scale state-owned enterprises and small and medium-sized start-up enterprises. Conclusions - CEE has changed based on industrial development and a regional structure of TNC market distribution and associated government policies. The pattern toward flexible markets gives countries the ability to further their economies.

Disassembly Scheduling for Products with Assembly Structure

  • Lee Dong-Ho
    • Management Science and Financial Engineering
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    • v.11 no.1
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    • pp.63-78
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    • 2005
  • Disassembly scheduling is the problem of determining the ordering and disassembly schedules of used or end-of-life products while satisfying the demand of their parts or components over a certain planning horizon. This paper considers the case of the assembly product structure for the cost-based objective of minimizing the sum of purchase, setup, inventory holding, and disassembly operation costs. To represent and solve the problem optimally, this paper presents an integer programming model, which is a reversed form of the multi-level lot sizing formulation. Computational experiments on an example derived from the literature and a number of randomly generated test problems are done and the results are reported.

An Improvement on Estimation for Causal Models of Categorical Variables of Abilities and Task Performance

  • Kim, Sung-Ho
    • Communications for Statistical Applications and Methods
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    • v.7 no.1
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    • pp.65-86
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    • 2000
  • The estimates from an EM when it is applied to a large causal model of 10 or more categorical variables are often subject to the initial values for the estimates. This phenomenon becomes more serious as the model structure becomes more serious as the model structure becomes more complicated involving more variables. In this regard Wu(1983) recommends among others that EMs are implemented several times with different sets of initial values to obtain more appropriate estimates. in this paper a new approach for initial values is proposed. The main idea is that we use initials that are calibrated to data. A simulation result strongly indicates that the calibrated initials give rise to the estimates that are far closer to the true values than the initials that are not calibrated.

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Project Management Information System Using Work Breakdown Structure (업무분할체계를 이용한 사업관리정보시스템)

  • 이정구
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 1997.11a
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    • pp.303-320
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    • 1997
  • In A institute, project managers present quarterly project performance report according to institute's law. In quarterly project performance report, progress of project performance and budget expended should be written. Progress of project performance and progress of budget expended are key management factors in A institute. Because financial database system Is already constructed, progress of budget expended is got from information system. But the progress of project performance that project manager estimate subjectively can not be judged of its correctness because there is not project management information system that is able to calculate the progress of project performance systematically. In this study, we present the project management system assign all activities to every project participator according to their work share rate using WBS(Work Breakdown Structure) and calculate the progress of project performance systematically Also we construct project management information system for above project management system implementing.

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Wavelength Assignment Optimization in SDH over WDM Rings

  • Chung, Jibok;Lee, Heesang;Han, ChiMoon
    • Management Science and Financial Engineering
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    • v.9 no.1
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    • pp.11-27
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    • 2003
  • In this study, we propose a mathematical model based on the graph theory for the wavelength assignment problem arising in the design of SDH (Synchronous Digital Hierarchy) over WDM (Wavelength Division Multiplexing) ring networks. We propose a branch- and -price algorithm to solve the suggested models effectively within reasonable time in realistic SDH over WDM ring networks. By exploiting the structure of ring networks, we developed a polynomial time algorithm for efficient column generation and a branching rule that conserves the structure of column generation. In a computer simulation study, the suggested approach can find the optimal solutions within reasonable time and show better performance than the existing heuristics.

Geodesic Clustering for Covariance Matrices

  • Lee, Haesung;Ahn, Hyun-Jung;Kim, Kwang-Rae;Kim, Peter T.;Koo, Ja-Yong
    • Communications for Statistical Applications and Methods
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    • v.22 no.4
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    • pp.321-331
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    • 2015
  • The K-means clustering algorithm is a popular and widely used method for clustering. For covariance matrices, we consider a geodesic clustering algorithm based on the K-means clustering framework in consideration of symmetric positive definite matrices as a Riemannian (non-Euclidean) manifold. This paper considers a geodesic clustering algorithm for data consisting of symmetric positive definite (SPD) matrices, utilizing the Riemannian geometric structure for SPD matrices and the idea of a K-means clustering algorithm. A K-means clustering algorithm is divided into two main steps for which we need a dissimilarity measure between two matrix data points and a way of computing centroids for observations in clusters. In order to use the Riemannian structure, we adopt the geodesic distance and the intrinsic mean for symmetric positive definite matrices. We demonstrate our proposed method through simulations as well as application to real financial data.

Corporate Restructuring in the Face of the Korean Financial Crisis and Its Implications for Learning and Adaptation: An Evolutionary and Competence-based Perspective (경제위기 국면에서의 대기업 재구조화와 이의 학습 및 적응에 대한 함의: 진화론적 및 역량기반 관점)

  • Lee, Jong-Ho
    • Journal of the Korean Geographical Society
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    • v.37 no.5
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    • pp.480-497
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    • 2002
  • This paper is concerned with unveiling the responsiveness of large Korean firms to external shock by examining corporate restructuring in terms of production and organization. Throughout empirical research, I speculate on how corporate restructuring influences and relates to corporate teaming and adaptation. The main findings of this research are as follows. First, the restructuring of business structure was expected to strengthen core competencies and improve profitability and the restructuring of organizational structure to make it possible for responding more quickly to radical changes in its business environment. Second, both downsizing and employment adjustment have assisted the firm with unlearning obsolete practices, preconditions necessary for effectively accomplishing new teaming practices. Third, both the spatial reorganization of production activities and process innovation require and involve learning processes. In conclusion, it claims that corporate restructuring can be seen as a powerful loaming tool, particularly in the context of radical economic change.