• Title/Summary/Keyword: Logistic Business

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Searching for an Optimal Level of Cash Holdings for Korean Chaebols (국내 재벌 계열사들의 최적 현금유동성 수준에 대한 실증적 분석)

  • Kim, Hanjoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.7118-7125
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    • 2015
  • This study examined one of the concerned or even imperative issues in the field of contemporary finance related to approaching an optimal level of cash holdings for the firms belonging to the chaebols in the Korean domestic capital markets. However, the subject may not have been drawn much attention so far, even if there are still ongoing and active debates among the interest parties at the macro- or micro-level. Two primary hypotheses were postulated to be empirically tested. On the results of the first hypothesis test for the existence of an optimal cash reserves for the sample firms, two estimation techniques were performed in terms of a quadratic regression equation and a relationship between a firm's value and the residuals derived from the static panel date model. As a primary financial implication of the study which may contribute to the practitioners and the academics in finance, the optimal level of cash holdings can be estimated by controlling for the a priori significant components for the sample firms towards maximizing firm value.

Discriminant Prediction Function and Its Affecting Factors of Private Hospital Closure by Using Multivariate Discriminant Analysis and Logistic Regression Models (다변량 판별분석과 로지스틱 회귀모형을 이용한 민간병원의 도산예측 함수와 영향요인)

  • Jung, Yong-Mo;Lee, Yong-Chul
    • Health Policy and Management
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    • v.20 no.3
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    • pp.123-137
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    • 2010
  • The main purpose of this article is for deriving functions related to the prediction of the closure of the hospitals, and finding out how the discriminant functions affect the closure of the hospitals. Empirical data were collected from 3 years financial statements of 41 private hospitals closed down from 2000 till 2006 and 62 private hospitals in business till now. As a result, the functions related to the prediction of the closure of the private hospital are 4 indices: Return on Assets, Operating Margin, Normal Profit Total Assets, Interest expenses to Total borrowings and bonds payable. From these discriminant functions predicting the closure, I found that the profitability indices - Return on Assets, Operating Margin, Normal Profit Total Assets - are the significant affecting factors. The discriminant functions predicting the closure of the group of the hospitals, 3 years before the closure were Normal Profit to Gross Revenues, Total borrowings and bonds payable to total assets, Total Assets Turnover, Total borrowings and bonds payable to Revenues, Interest expenses to Total borrowings and bonds payable and among them Normal Profit to Gross Revenues, Total borrowings and bonds payable to total assets, Total Assets Turnover, Total borrowings and bonds payable to Revenues are the significant affecting factors. However 2 years before the closure, the discriminant functions predicting the closure of the hospital were Interest expenses to Total borrowings and bonds payable and it was the significant affecting factor. And, one year before the closure, the discriminant functions predicting the closure were Total Assets Turnover, Fixed Assets Turnover, Growth Rate of Total Assets, Growth Rate of Revenues, Interest expenses to Revenues, Interest expenses to Total borrowings and bonds payable. Among them, Total Assets Turnover, Growth Rate of Revenues, Interest expenses to Revenues were the significant affecting factors.

An Empirical Study on the Characteristics of Policyholder and Contract Affecting a Lapse of Voluntarily Insured Person in National Pension (국민연금 임의가입 해약행동에 영향을 미치는 계약자 및 계약특성에 관한 실증 연구)

  • Ouh, Changsu;Song, Kyungho
    • Journal of Digital Convergence
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    • v.14 no.12
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    • pp.13-25
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    • 2016
  • This paper analyses the impacts of the characteristics of policyholder and contract on the lapse of Voluntarily Insured Person in National Pension, using the recent lapse data from National Pension Service. The logistic regression model is used in examining lapse odds with several independent variables. The result demonstrates several hypotheses of the lapse behaviors. First, the lapse odds of men is lower than that of women. Second, the effect of age on lapse odds shows concave shave with the peak at 37. Third, insured period has a negative effect on lapse odds in entrants sample. Fourth, standard monthly income has little effect on lapse in either sample. Fifth, the lapse odds decreases as the expected benefit ratio increases. Sixth, 2013 pension bill resulted in the sharp increase of lapse odds and the effect was greater for entrants. Last but not least, spatial environment such as residence also affects the lapse behavior.

A Study on the RAM Analysis for Effective Integrated Logistics Support(ILS) (효과적인 종합군수지원을 위한 RAM 분석 연구)

  • Lee, Young Uk
    • Convergence Security Journal
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    • v.16 no.6_1
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    • pp.67-74
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    • 2016
  • The development of weapon systems that look only be introduced as a huge budget directly related to combat rea diness. If we develop the expensive equipment it will not be the same state or have to wait a lot of time in mainten ance facilities for maintenance, which will have a profound impact on the exercise Efficiency. In order to solve this problem, the operation and use state of the weapon system requires effort to successfully p erform the duties held by the defined and assigned, Further analysis should be conducted RAM in order to reduce m aintenance manpower and logistic support costs. The role of business is to increase the RAM system reliability by L ee to Fig system failure rate from the development and maintenance, and reduced life cycle costs. Therefore, the present study was to determine the RAM to perform analysis procedures and methods and limita tions of each element, such as to maximize the effectiveness of comprehensive logistics support and help to study to become an effective logistics support.

Digital Divide in Internet Access and Internet Usage in Korea (인터넷 접근과 활용에서의 디지털 격차)

  • Ju, Young-Wan;Kim, Yoo-Jung;Cho, Chang-Hyung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.12
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    • pp.5601-5613
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    • 2011
  • The purpose of this paper is to better understand the socio-economic differentials of Internet access and use. Data from '2008 Korean Internet usage behavior' were used to conduct logistic regression analysis. The findings show that there are significant socio-economic(age, gender, educational attainment, employment situation, and Internet access type) disparity in Internet access(Internet access at home, broadband Internet access). Also socio-economic variables enter in as statistically significant in most specifications for Internet use intensity (Intensive internet use, frequent internet use, less frequent internet use). The gender, household income and education attainment explanations for large differential in Internet use intensity are generally very similar. It is shown that age, education attainment and household income level cause a large digital divide on Internet service use(information use, communication and community use, e-commerce use, Internet banking use).

Development of Moving Object Management System for Vehicle Monitoring/Control Management in e-Logistics Environment (e-Logistics 환경에서 차량관제를 위한 이동체 관리 시스템 개발)

  • Kim, Dong-Ho;Lee, Hye-Jin;Lee, Hyun-Ah;Kim, Jin-Suk
    • The KIPS Transactions:PartD
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    • v.11D no.6
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    • pp.1231-1238
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    • 2004
  • By virtue of the advanced Internet technology, there are lots of research works for e-Logistics which means virtual business activities or service architecture based on the Internet among the logistics companies. Because e-Logistics environment requires more dynamic and global service area, conventional vehicle monitoring and control technologies innate many problems in terms of Integrating, storing and sharing the location data. It needs the development of the moving object technology in order to resolve efficiently the limitations. In this paper, we propose the whole components of the moving object management system which supports the advanced sharing the location information as well as the integration of location data. We are sure the suggested system can be adopted to construct the next generation-logistics vehicle monitoring and control system by reducing the overall cost and time.

Impact of an Early Hospital Arrival on Treatment Outcomes in Acute Ischemic Stroke Patients (급성 뇌경색 환자의 증상 발현 후 응급실 도착까지의 시간이 치료 결과에 미치는 영향)

  • Kwon, Young-Dae;Yoon, Sung-Sang;Chang, Hye-Jung
    • Journal of Preventive Medicine and Public Health
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    • v.40 no.2
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    • pp.130-136
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    • 2007
  • Objectives : Recent educational efforts have concentrated on patient's early hospital arrival after symptom onset. The purpose of this study was to evaluate the time interval between symptom onset and hospital arrival and to investigate its relation with clinical outcomes for patients with acute ischemic stroke. Methods : A prospective registry of patients with signs or symptoms of acute ischemic stroke, admitted to the OO Medical Center through emergency room, was established from September 2003 to December 2004. The interval between symptom onset and hospital arrival was recorded for each eligible patient and analyzed together with clinical characteristics, medication type, severity of neurologic deficits, and functional outcomes. Results : Based on the data of 256 patients, the median interval between symptom onset and hospital arrival was 13 hours, and 22% of patients were admitted to the hospital within 3 hours after symptom onset. Patients of not-mild initial severity and functional status showed significant differences between arrival hours of 0-3 and later than 3 in terms of their functional outcomes on discharge. Logistic regression models also showed that arrival within 3 hours was a significant factor influencing functional outcome (OR=5.6; 95% CI=2.1, 15.0), in addition to patient's initial severity, old age, cardioembolism subtype, and referral to another hospital. Conclusions : The time interval between symptom onset and hospital arrival significantly influenced treatment outcome for patients with acute ischemic stroke, even after controlling for other significant clinical characteristics. The findings provided initiatives for early hospital arrival of patients and improvement of emergency medical system.

Developing Information Services and Social Integration of Marriage Migrant Women in Korea (정보서비스와 결혼이주여성의 사회통합)

  • Kim, Anna
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.22 no.12
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    • pp.1631-1638
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    • 2018
  • Korea has experienced an increase in the number of immigrants in accordance with accelerated globalization. In particular, the rapid surge in international marriages and multicultural families has created social adaptation or inclusion problems for these families in Korean society. This paper examines how information services or technological education programs affect the social integration of marriage migrant women in Korea. Using survey data on international marriage migrant women, we conducted multiple and logistic regression models to examine the relationship between information and technology services and life satisfaction and employment status. The results show that the experience of using social services tends to have positive effects on life satisfaction. Having experiences of information services or technological education improves marriage migrant women's chances of employment and increases their willingness to work or start a business. This indicates the importance of information services or technological educational training and social services in improving social adaptation and integration of marriage migrant women in Korea.

The Effect of Personal Characteristics, Loan Characteristics and Interest Rate Characteristics on the Delinquency Possibility (개인특성·대출특성·금리특성이 연체가능성에 미치는 영향)

  • Park, Sang-Bong;Oh, Young-Ho
    • Asia-Pacific Journal of Business
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    • v.11 no.3
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    • pp.63-77
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    • 2020
  • Purpose - The purpose of this study is to examine the effects of personal characteristics, loan characteristics, and interest rate characteristics of 2,653 borrowers on the delinquency possibility. In doing so, this study applies both multiple regression and logistic regression models to the data of credit unions in the city of Daegu. Design/Methodology/Approach - The major results of multiple regression analysis using SPSS are as follows. Findings - As for the results of testing the significance of the regression coefficients, it has been found that among the personal characteristics variables membership, credit rating, credit rating changes, and LTV have significant positive (+) effects on the delinquency possibility. Also it has been shown that among the loan characteristics variables loan amount, loan balance, total debt amount, collateral type, collateral amount, and repayment method have significant positive (+) effects on the delinquency possibility. Furthermore it has been found that among the interest rate characteristics variables both overdue interest rate and interest rate spread have positive (+) effects on the delinquency possibility. However, it has been shown that among the personal characteristics variables equity and membership do not have significant effects on the delinquency possibility, and that normal interest rate among the interest rate characteristics variables also do not have a significant effect on the delinquency possibility. Research Implications - By systematically analyzing the variables affecting delinquency possibility based on the results of this study, credit unions might get positive help in improving the system of managing receivables. Furthermore, the results of this study could be extended and applied to other types of financial institutions, so that financial institutions in general will also get some help to systematically manage the delinquency possibility.

A Study on the Effect of Korean Medicine Health Promotion Project on Budgeting (한의약건강증진사업의 예산편성여부에 미치는 영향 연구)

  • Kim, Yun Hwan;Han, Hyosang
    • Journal of Digital Convergence
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    • v.20 no.4
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    • pp.699-704
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    • 2022
  • The purpose of this study is to determine the relating factors of the Budgeting for Korean Medicine health promotion in the Integrated Community Health Promotion Program as of 2020 targeting 226 basic local governments nationwide. Descriptive statistics, Difference tests, and Binary logistic regression analysis were conducted to analyze the factors relating Budgeting for Korean Medicine health promotion in the Integrated Community Health Promotion Program in local communities using regional budgets in 2020. As a result of the analysis, the difference in the Budgeting for Korean Medicine Infertility Treatment Support, Number of Korean Medicine Doctor, Number of Population people over 65 years old, and Aging Population Percentage. And there was a influencing factors, Budgeting for Korean Medicine Infertility Treatment Support, Aging Population Percentage, Whether to join a healthy city, so expected to be used as a reference in organizing policies and business budgets related to Korean Medicine in the future.