• East Asian Economic Review
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• 제18권2호
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• pp.111-142
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• 2014

We examine whether country fundamentals help explain the cross-section of currency excess returns. For this purpose, we consider fundamental variables such as default risk, foreign exchange rate regime, capital control as well as interest rate in the multi-factor model framework. Our empirical results show that fundamental factors explain a large part of the cross-section of currency excess returns. The zero-intercept restriction of the factor model is not rejected for most currencies. They also reveal that our factor model with country fundamentals performs better than a factor model with usual investment-style factors. Our main empirical results are based on 2001-2010 balanced panel data of 19 major currencies. This paper may fill the gap between country fundamentals and practitioners' strategies on currency investment.

• The Journal of Asian Finance, Economics and Business
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• 제7권10호
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• pp.413-421
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• 2020

This study aims to develop a research framework to investigate the factors affecting organizational commitment among employees who are working in Foreign Direct Investment (FDI) enterprises in Vietnam. The authors designed an online survey distributed to employees in FDI enterprises, collecting the data from 312 employees. All scales in this study are adopted from previous studies; tools employed include Cronbach's Alpha, Exploratory Factor Analysis, and Confirmatory Factor Analysis (CFA) to examine the internal consistency, reliability, dimensionality, and validity of each variable. Then, the structural equation modelling (SEM) was utilized in order to estimate path correlations between variables. Results indicate that the leadership style has the strongest effect on organizational commitment, followed by job satisfaction and working performance. Moreover, working performance and job satisfaction are also influenced by leadership style. However, there is no statistical evidence to show that job satisfaction has an impact on working performance. In addition, bootstrapping method is used to show the indirect effect of variables; results reveal that leadership style, though, does not have indirect effect on working performance via job satisfaction, but it indirectly affects organizational commitment throughout working performance. In other words, the study finds that working performance mediates the link between leadership style and organizational commitment.

• 한국병원경영학회지
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• 제5권1호
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• pp.156-175
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• 2000

This study was designed to find out the relations between the major investment decision-making behaviors and profitability of the hospital. A total of 57 hospitals were analyzed on this study. The major findings were as follows; 1. Among the types of the investment decision-making, major factors affecting the profitability were where the top management belongs among the defender, analyzer, prospector, and reactor type. Other factors were whether or not hospital analyzes which is more economical between the purchase by cash and lease of the medical equipment and whether or not hospital changes the decision before the actual investment. 2, Among the types of the investment decision-making, major factors affecting the financial structure and efficient operation of the assets were ranking of the priority and whether or not hospitals can get enough revenue and cash flow when hospitals have to borrow a big amount of fund from outside. 3. Among the financial indices regarding the financial stability, major factor affecting the profitability was fixed assets to long-tenn capital. Other factors affecting the financial structure and efficient operation of the assets were value added to medical equipment, normal profit to medical equipment, liability to total assets, current ratio, value added to payroll expenses. 4. Investment decision-making behaviors are partially influencing on the financial structure and efficient operation of the assets. However it was proved that the profitability was the most influencial factor than other factors related with the operation of the hospital. 5. To improve the irrational investment decision-making behaviors strategic management system should be introduced, and the top mamagement's investment decision-making style should be changed from reactor and analyser styles to prospector and reactor ones.

• 아태비즈니스연구
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• 제14권4호
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• pp.151-161
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• 2023

Purpose - In this study, we examine the factors related to the asset allocation decisions of individual investors who 1) directly invest in stocks or bonds, 2) indirectly invest in various fund products (excluding CMA and MMF), and 3) invest in both products. Design/methodology/approach - We collect a sample of 3,000 individual investors and investigate the factors influencing investment behavior, especially the diversification tendency in asset allocation, with the "Investor Behavior Survey" that is conducted jointly by the Korea Financial Investment Association and the Korea Gallup Research Institute in 2011 and 2012. Findings - Our regression analyses estimate the marginal effects of various factors such as the amount of total financial assets, monthly income, occupation, age, and gender. The results reveal that male investors with manual labor occupations were less inclined to diversify their investments compared to female investors in office jobs. Additionally, higher monthly income is associated with a greater inclination toward diversification. Therefore, if a positive relationship exists between income and educational level, we may suggest that higher educational levels lead to a greater tendency for diversification. Research implications or Originality - Interestingly, investors who engage in direct investments tend to exhibit a weaker diversification tendency as the amount of their direct investment increases. On the other hand, investors who engage in both direct and indirect investments show a weaker diversification tendency as the amount of total financial assets increases. This suggests that the investment style of investors is closely related to their diversification behavior.

• 한국의류산업학회지
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• 제6권2호
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• pp.184-194
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• 2004

The purpose of this study was to understand the relationship between life style that a consumer is pursuing and purchasing frequency among the purchasing behaviors in internet shopping mall. As a result, the factors of life style with respect to purchasing attitude of the consumer were categorized into 'price advising type', 'price-quality identifying recognition type', 'brand-oriented type', 'shopping time-effort non-investment type', and 'price-quality comparing type'. It showed that there was a close relationship between the life style and the purchasing frequency in internet shopping mall and that there was a significant influence between the life style and the purchasing frequency. The result of this study indicated that the relationship between the life style and purchasing frequency in internet shopping mall was actualized by measuring the purchasing inclination of the consumer under various situations of psychologically descriptive characteristics and desire and simulation. Therefore, this fact suggests that it is very important to measure the accurate purchasing attitude of its consumer when setting up the marketing strategy of internet shopping mall.

• 부동산연구
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• 제24권1호
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• pp.53-62
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• 2014

본 연구에서는 최근 기관투자가의 투자대상으로서 그 중요성이 커지고 있는 국내 오피스에 대해서 해외 선행연구에서 유의하게 입증된 여러 스타일인자의 유의성을 검정하였다. 검정대상이 된 설명변수에는 지역, 규모(평가금액), 가치성장성(소득자본수익격차), 임대차조건(임차인수, 평균임대차기간, 핵심임차인비중) 등이 포함되었다. 분석자료는 감정평가에 기반한 국토교통부 임대사례조사 DB 중 일부를 이용하였다. 분석결과 다음과 같은 시사점을 얻을 수 있었다. 우리나라 오피스시장의 경우 스타일인자로서 지역은 여전히 중요한 의미를 가지며, 이와 함께 규모도 유의하게 작용하였다. 단 핵심지역의 대형자산일수록 위험과 수익이 높게 나타나 일반적인 믿음과 차이가 있었는데, 이는 분석기간 동안 서울 3대권역의 대형오피스 가격이 급등했기 때문인 것으로 생각된다. 이러한 현상은 미국의 선행연구에서도 발견되고 있어 지역과 규모의 역할에 대해 신중한 접근이 필요함을 알 수 있었다. 가치성장성의 경우 가치성이 클수록 예상한대로 위험과 수익을 낮추는 것으로 나타나 국내에서도 유의한 스타일인자임이 확인되었다. 임대차조건과 관련해서는 임차인수 만이 유의하게 나타났는데, 이 역시 예상대로 임차인 분산이 잘 이루어질수록 위험과 수익이 낮은 것을 알 수 있었다.

• 가족자원경영과 정책
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• 제10권2호
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• pp.43-59
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• 2006

The purpose of this study was to examine university students' consumption-orientation and attitude toward conspicuous consumption as well as to identify the factors that are most influential on consumption-orientation and conspicuous consumption behavior. The major findings of this study are summarized below. First, the average scores of consumption-orientation and conspicuous consumption were 2.71 and 3.15 respectively, on a 5 point scale. Second, the most influential factor on university students' consumption-orientation was friends' influence. Third, the most influential factor on conspicuous consumption was students' perceived social status. Fourth, conspicuous consumption tendency and consumption-orientation were significantly higher for those students with larger amount of allowances, female students, or the students who are working. Fifth, the university students' consumption-orientation and conspicuous consumption tendency were significantly higher for the students whose parents' child-rearing style is inconsistent or excessive investment. Finally, the consumption orientation has a significant positive relationship with conspicuous consumption.

• 한국콘텐츠학회논문지
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• 제19권12호
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• pp.129-140
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• 2019

본 연구는 온라인으로 학습하는 사이버대학생들을 대상으로 영어 학습 동기와 탈동기 요인과 학생들의 특성에 따른 동기와 탈동기 차이를 알아보았다. 이를 위하여 서울 소재 H 사이버대학교 재학생 중 교양영어 수업을 수강하는 총 498명을 대상으로 설문을 통해서 자료를 수집하였다. 수집된 자료는 빈도, 기술통계, t-검정, ANOVA로 분석하였다. 분석결과 대상자들의 영어 학습 동기 하위요인 별 평균은 이상적 제2 언어 자아가 가장 높았고 다음으로 도구성(장려)의 순이었다. 영어 학습 탈동기 하위요인 별 평균은 불안감, 부정적인 학습투자 가치의 순서였다. 대상자들의 특성에 따른 영어 학습 동기와 탈동기 차이 분석으로는 영어 학습 동기에서는 성별의 경우 필연적 제2 언어 자아 요인에서 남성이 여성보다 높게 나타났다. 직업 유무는 도구성(장려) 요인에서 학생인 대상자의 점수가 높게 나타났다. 나이에서는 경쟁적 동기 요인과 도구성(장려) 요인에서 대상자의 나이가 젊을수록 높게 나타났다. 영어 학습 탈동기 차이에서는 불안감, 수동적 학습 태도, 부정적인 학습투자 가치 요인에서 모두 여성이 높은 점수를 나타냈다. 직업 유무는 부정적인 학습 투자 가치 요인에서만 직업을 가지고 있는 대상자의 탈동기 요인 점수가 높게 나타났다. 본 연구의 결과는 다양한 목표를 가진 사이버대학교 성인 영어 학습자를 위한 온라인 영어교과 개발에 참고자료로 사용될 수 있을 것이다.

• 디자인학연구
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• 제19권5호
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• pp.95-104
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• 2006

수많은 정보들 중에서도 특히 광고는 기업 혹은 단체에서 목적 달성을 위해 치밀한 계획 하에 많은 자금을 투자하여 만드는 정보이다. 헤드라인을 완성하면 광고의 80%를 완성한 것과 마찬가지라는 데이비드 오길비(David Ogilvy)의 말처럼 인쇄광고에서 헤드라인은 광고의 다른 어떤 구성요소들 보다 중요한 역할을 하고 있다. 따라서 헤드라인을 작성할 때에는 무의식적으로 시선을 끌 수 있는 감성적인 부분까지 고려해야하므로 헤드라인 서체 선정의 중요성은 가중된다. 많은 학자들이 타이포그래피를 frozen sound또는 written sound라고 한다. 이는 타이포그래피는 이미 하나의 letter의 역할을 뛰어넘어 문자에 감성을 불어 넣는 역할을 하기 때문이다. 광고 제작 시 적절한 헤드라인 서체 선정은 커뮤니케이션과정에서 리스크를 줄일 수 있을 뿐만 아니라 합리적 디자인의 도출로 연결되어 광고주와 광고 수용자에게 만족을 부여한다. 그러나 광고. 제작 시 최적의 헤드라인 서체를 선정하기 위한 의사결정 방법은 그리 많지 않은 실정이다. 본고에서는 2005년 1월$\sim$3월까지의 신문광고 헤드라인 서체 사용 경향을 파악하였고, 그 결과 헤드라인 서체의 사용이 특정한 몇 가지 서체에 치우쳐져 있음을 알 수 있었다. 또한 수용자들의 서체 사용에 대한 인식과 서체 환경이 많이 변화하고 있음을 지적하면서 객관적이고 체계적인 서체 활용 시스템의 필요성을 제안 한다.

• 지식경영연구
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• 제17권3호
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• pp.93-116
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• 2016

Knowledge, as a source of firm's competitive edges, has been drawing attention, while numerous enterprises are investing huge amount of assets to foster the right environments for executing knowledge management (KM). As a practical way of such KM, knowledge management systems (KMS) support the creation, diffusion, and utilization of knowledge, which are the tools for practicing such management style. Recently, the customer centers which make the closest contact with the customers are being concerned about the establishment of KMS. Considering the characteristics of real-time problem solving in customer centers during the consultation with the customers, the importance of KMS is paramount to the centers. This study analyzes major factors influencing the success and utilization of the customer center KMS's reestablishment, as an exploratory case study of the reestablishment of KMS in the customer center of K insurance company. First, the characteristic differences between the customer center's KMS and the traditional KMS are discussed, and the triangulation technique is applied to secure objectivity of this case study's findings. Major results of the case study state that, for the success of KMS and improvement of utilization, the followings should be considered preferentially: excellent system quality (accessibility, user convenience, easy searching, speed/menus); high information quality (accuracy, usefulness, timeliness, task-relevance, diversity, degree of specification); appropriate operation strategy and process for the utilization of system (education, training opportunity, appropriate personnel, speed and procedure of approval, compensation/evaluation); and change management via the support from the CEO's level (concern and participation of CEO, will to propel the project, investment, advertisement, etc.). This study provides practical suggestions with respect to factors which should be more carefully dealt with, since still many customer centers have hard time establishing and operating KMS due to lack of previous studies.