• 한국가금학회지
• /
• 제7권1호
• /
• pp.13-22
• /
• 1980

On the Chicago Meracntile Exchange, individuals and firms buy and sell contracts for specified amounts of products that are to be delivered at a time period in the future at a price arrived at through openly competitive bidding. The transfer of ownership of these delivery promises takes place in a particular trading pit, for each commodity, on the floor of the Exchange. Trades are officially made by qualified members of the Exchange who act as brokers for their customers. For his services, the broker is paid a nominal round- turn commission fee by the customer. Although each commodity contract carefully describes the particular standards that product must meet in order to be a acceptable for delivery, actually fewer than three percent of the contracts traded are consummated by delivery. For the most part, contract obligations ions art offset, and thereby liquids. before the termination of the delivery month. The trader liquidates his position in the market after analyzing price trends, his timing, and his calculated price objectives. (omitted)

• 무역학회지
• /
• 제46권6호
• /
• pp.225-238
• /
• 2021

This study analyzed the recent precedents of the Korean Supreme Court's Royalty and License fee on this issue and presented implications for future taxation of Royalty and License fee and digital content imports related to reproduction rights. If the price related to imported goods and the price not related to them are combined, it is necessary to revise the statutes to supplement the allocation method of royalty and license fee. In addition, if there is an agreement or a back contract for intellectual property rights through the headquarters or branch office other than the trading party, a method of inducing the importer to voluntarily report it when reporting imports should be considered. Whether Royalty and License fee is taxed or not must be determined after examining the various contract details and circumstances of the transaction.

• 한국조리학회지
• /
• 제8권3호
• /
• pp.213-230
• /
• 2002

The meaning of foodservice industry is various but especially its most important one contains a service industry. And so, foodservice industry should provide very impressive service to customers. if workers don't satisfy themselves at the works, they can not give a high qualifying service to the customers. Therefore, this study showed how the worker's satisfactory degree depending on working type effects on the growth of foodservice industry. The conclusions by questionnaires to workers who have worked as both a regular and a contract employment at Special First Degree Hotels in Seoul are followings. Very interestingly, the proportion of satisfying degree for the workers as regular is 34.94% but the degree for workers as contract is 36.8%. The reason is that the average age of regular workers is high and they have their family to support and they have changed their job more often than the others. They can express their problems through a labor union but the part of solution is very small. It must cause to decrease satisfying degree. The workers generally satisfied to their senior employers. It means that the negative image of higher-ups in the past has been changed. It is a serious problem that the proportion of satisfaction degree remains 30%. The managements must perceive the fact that the increase ratio of contract workers does not make low quality of service. They should know that the satisfaction degree of regular workers is lower than contract ones. In order to increase the satisfaction degree, if the managements can find out the way of taking over their authority and giving a motive, they can reduce the ratio of occupation change and nonattendance. And also they can promote the productivity in foodservice industry and in conclusion, the foodservice industry will have glowed very successfully in the near future.

• 한국자원공학회지
• /
• 제55권6호
• /
• pp.624-634
• /
• 2018

인도네시아는 신규 유전 발견이 줄어들고 원유 순수입국으로 전환됨에 따라 석유 생산을 늘리고자 공동개발계약(Kerja Sama Operasi, KSO)을 통해 소규모 광구 개발을 위한 국내 투자 유치 활성화에 노력하고 있다. 하지만 KSO는 계약자 고위험 저수익의 계약형태이며, 계약자가 석유개발에 대한 모든 비용을 지불하기에 사업 타당성 판단을 위한 경제성 평가가 필수적이다. 이 연구에서는 KSO 계약 조건을 적용하여 인도네시아 소규모 광구 개발에 대한 경제성 평가를 수행하였으며, 민감도 분석을 통해 경제성 평가 시 주요 변수를 파악하였다. 그 결과 유가, CAPEX, OPEX가 경제성 평가에 영향을 미치는 것으로 나타났으며, 소규모 광구에서 상업적인 생산은 다소 어려운 것으로 판단되었다. 향후 이 연구는 국내 기업이 인도네시아 자원개발 투자 시 참고 자료로 활용할 수 있을 것이다.

• Journal of Korea Trade
• /
• 제27권3호
• /
• pp.199-216
• /
• 2023

Purpose - This study aims to identify the internal capabilities that export companies need to possess in order to utilize FTAs and to propose ways to expand their export performance through them. To achieve this goal, the study analyzed the internal factors that affect FTA utilization from a resource-based perspective, such as Origin Management Competency, Information Acquisition Competency, contract Management Competency, and Commitment to Export, based on prior research on corporate capabilities in the field of management and FTA-related research. The study ultimately aims to confirm whether a company's FTA utilization contributes to its export performance through the management and response to its internal factors for FTA utilization. Design/methodology - To achieve the research objective, this study conducted a literature review related to FTA utilization and identified the internal factors of companies that affect FTA by classifying them into Origin Management Competency, Information Acquisition Competency, contract Management Competency, and Commitment to Export Based on this, a final research model was developed, hypotheses were set through a preliminary study survey, and conclusions were drawn by analyzing the data of 312 companies. Findings - The empirical analysis results indicate that Origin Management Competency and Contract Management Competency have a positive impact on FTA utilization, while Information Acquisition Competency and Commitment to Export do not have a statistically significant impact on FTA utilization. Based on these findings, this study suggests measures for efficient FTA utilization for companies that want to utilize FTAs. Additionally, FTA utilization has a positive impact on export performance. In other words, the extent to which companies utilize the signed agreements has a positive impact on their performance. Based on these results, this study identifies the characteristics of companies that want to utilize FTAs and proposes measures for future efficient FTA utilization. Originality/value - This study has confirmed that in order for companies to utilize FTAs, they must meet the requirements of the FTA. To this end, the study has concluded that it is important to manage and address internal factors such as Origin Management Competency, Information Acquisition Competency, contract Management Competency, and Commitment to Export to increase FTA utilization. Based on these results, it can be confirmed that it is essential for companies to have an understanding and management of the internal factors that satisfy the requirements of the FTA in order to utilize the FTA.

• 무역상무연구
• /
• 제77권
• /
• pp.69-89
• /
• 2018

The United States of America is one of the most favoring countries in which mandatory pre-arbitration clauses in the form of adhesion contract have been widely recognized and supported by courts and the Federal Arbitration Act. However, after the financial crisis in 2008 and the National Arbitration Forum scandal in 2009, in enacting the Dodd-Frank Wall Street Reform and Consumer Protection Act ('Dodd-Frank Act'), Section 1028(a) of the Act requires the newly created Consumer Financial Protection Bureau (CFPB) to provide Congress with a report on "the use of agreements providing for arbitration of any future dispute between covered persons and consumers". Section 1028(b) also grants the CFPB the authority to "prohibit or impose conditions or limitations on the use of an agreement between a covered person and a consumer for a consumer financial product or service providing for arbitration of any future dispute between the parties, if the Bureau finds that such a prohibition or imposition of conditions or limitations is in the public interest and for the protection of consumers." Pursuant to the Dodd-Frank Act, the CFPB issued a report entitled "2015 Arbitration Study: Report to Congress 2015 (Report)" in March 2015. This paper examines some major legal issues of the Report and makes a few recommendations for Korean financial institutions which entered into the U.S. financial market or has a plan to do so in the near future.

• 해양환경안전학회지
• /
• 제27권7호
• /
• pp.1038-1043
• /
• 2021

안정적인 선원 수급을 위해서는 선원의 임금 보장이 필수적이다. 하지만 선원들이 임금을 제대로 받지 못하는 임금체불 분쟁이 발생하고 있다. 본 연구에서는 선원 임금체불을 해결하기 위해 블록체인 기반 스마트 컨트랙트를 이용하여 임금지불 자동체결시스템을 설계하였다. 설계한 시스템은 정보등록부, 매칭처리부, 평점관리부, 스마트 컨트랙트를 배포하기 위한 임금 송금 등으로 구성된다. 매칭처리부는 선원과 선주의 자동알림설정을 위해 임금, 선종/어업, 직위, 면허 등 4가지 변수의 가중치 합이 임계값보다 넘으면 전송되도록 설계하였다. 또한, 평상시 근로조건을 상호 간 잘 이행해 나갈 수 있는 매개체 역할을 위해 평균과 중앙값을 조합하여 평점관리방식을 제시하였다. 스마트 컨트랙트는 중개자 없이 당사자 간 근로계약을 자동으로 이행하게 함으로써 선주에 의한 임금체불 문제뿐만 아니라 선원에 의한 선불금 사기, 무등록 직업소개소업자의 횡령, 선원수첩 위조 등의 문제들이 자연히 해결될 것이다. 이러한 시스템 설계가 상용화되어 제도적으로 활성화될 경우, 선원에게는 안정적인 임금보장과 더불어 선주에게는 인력수급의 어려움이 해결될 것으로 기대된다. 향후 본 시스템 개발을 위해 로컬 환경에서 테스트할 예정이다.

• 한국정보통신학회:학술대회논문집
• /
• 한국정보통신학회 2021년도 추계학술대회
• /
• pp.582-583
• /
• 2021

태양광, 풍력 등 신재생 에너지 생산이 다양해지면서 생산과 소비를 동시에 할 수 있는 마이크로그리드 시스템이 소개되었지만 국내에서는 아직까지 자동화된 전력거래 기술 도입이 필요하고 생산 및 중계인의 보호할 장치가 필요하다. 일반적으로 여름에는 태양광을 통한 전력 가격 하락이 예상되어 생산자 보호가 필요하다. 본 논문에서는 마이크로그리드 환경에서 블록체인(Blockchain)을 활용한 사용자 간 투명하고 안전한 선물 전력거래 시스템을 제안한다. 선물이란 간단히 말해서 고정된 가격과 미리 정해진 선물 가격에 구매자가 전력을 사는 의무를 가지거나 판매자가 전력을 팔아야 하는 의무를 갖게 되는 계약이다. 본 시스템은 블록체인 네트워크 내에서 신뢰할 수 있는 실행코드인 스마트 컨트랙트(Smart Contract)를 이용하여 사용자의 개입 없이 자동화된 동작으로 선물 가격을 검색하고 전력 거래를 체결하는 선물 거래 알고리즘을 제안한다. 만일 전력 생산자가 생산계획 시에 최대 생산 시기(하지)의 가격이 하락할 가능성이 있다고 생각이 되면 선물시장에서 선물을 먼저 팔아 놓고 최대 생산 시기(하지)에 선물을 되사서 이익을 내어 현물시장에서의 손실을 보전할 수 있다. 또 중계업자는 판매계약 체결 시에 전력 가격이 상승될 우려가 있으면 선물시장에서 먼저 선물을 매입하고 판매계약 이행 시 선물을 청산하여 이익을 실현시켜 현물시장에서의 손실을 보전할 수 있게 된다.

• 수산경영론집
• /
• 제37권1호
• /
• pp.95-110
• /
• 2006

Japan's frozen shrimp future market is the only fisheries future commodity market in the world. This empirical study examines the lead and lag relationship between Japan frozen shrimp spot and future markets using the daily prices from August 1, 2002 to December 31, 2005. Frozen shrimp future contract is listed on Japan Kansai Commodities Exchange. Japan imports approximately 250,000 tons of frozen shrimp annually, of which just under 70,000 tons, nearly 30%, are black tiger shrimp. Approximately 90% of black tiger shrimp are caught in Indonesia, India, Thailand and Vietnam, and the two largest consumers of these shrimp are Japan and the U.S.A. Kansai Commodities Exchange adopts the India black tiger shrimp as standard future commodity. We use unit root test, Johansen cointegration test, Granger causality test, Vector autoregressive analysis and Impulse response analysis. However, considering the long - term relationships between the level variables of frozen shrimp spot and futures, we introduced Vector Error Correction Model. We find that the price change of frozen shrimp futures with next 1, 2, 3, 4, 5 month maturity have a strong predictive power to the change of frozen shrimp spot and the change of frozen shrimp spot also have a predictive power to the change of frozen shrimp with next 1, 2, 3 month maturity. But, the explanatory power of the frozen shrimp futures is relatively greater than that of frozen shrimp spot.

• 한국도로학회논문집
• /
• 제16권1호
• /
• pp.75-89
• /
• 2014

PURPOSES : This study evaluates the economic value of national highway construction projects using Real Option Pricing Models. METHODS : We identified the option premium for uncertainties associated with flexibilities according to the future's change in national highway construction projects. In order to evaluate value of future's underlying asset, we calculated the volatility of the unit price per year for benefit estimation such as VOTS, VOCS, VICS, VOPCS and VONCS that the "Transportation Facility Investment Evaluation Guidelines" presented. RESULTS : We evaluated the option premium of underlying asset through a case study of the actual national highway construction projects using ROPM. And in order to predict the changes in the option value of the future's underlying asset, we evaluated the changes of option premium for future's uncertainties by the defer of the start of construction work, the contract of project scale, and the abandon of project during pre-land compensation stages that were occurred frequently in the highway construction projects. Finally we analyzed the sensitivity of the underlying asset using volatility, risk free rate and expiration date of option. CONCLUSIONS : We concluded that a highway construction project has economic value even though static NPV had a negative(-) value because of the sum of the existing static NPV and the option premium for the future's uncertainties associated with flexibilities.