• 제목/요약/키워드: Open Markets

검색결과 214건 처리시간 0.025초

Testing the Liquidity Hypothesis in the Korean Retail Firms

  • Kim, Sang-Su;Lee, Jeong-Hwan
    • 유통과학연구
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    • 제15권5호
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    • pp.29-38
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    • 2017
  • Purpose - Prior theories predict a negative correlation between stock liquidity and dividend payout propensity. We test this hypothesis by examining the sample Korean retail firms. Research design, data, and methodology - We construct four different types of stock liquidity measures and investigate how these stock liquidity variables affect dividend payout propensity by employing the logit regression model. The retail firms listed in the KOSPI and KOSDAQ markets are analyzed from 1990 to 2015. Results - Our estimation results support the liquidity hypothesis if we adopt the stock turnover rate as the stock liquidity measure, particularly for the retail firms listed in the KOSPI markets and for non-conglomerate firms. Yet, our estimation results adopting the illiquidity measure of Amihud (2002), the proportion of non-trading day, and the volume of trading do not support the liquidity hypothesis. Conclusions - Our findings provide mixed results for the validity of stock liquidity hypothesis, which enriches the existing literature. In terms of turnover rate, the stock liquidity hypothesis holds robustly. Yet, we are not able to find any empirical evidence supporting the hypothesis if we use the other three measures of stock liquidity.

Studies on Problems Caused by Distribution of Larger Vessels in World Shipping Market

  • Kim, Jin-Hwan
    • 유통과학연구
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    • 제16권10호
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    • pp.31-38
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    • 2018
  • Purpose - The purpose of this paper is to seek some alternative to overcome difficult shipping situations for overcapacity pursuing economy of scale, which is widely spread in world shipping. Research design, data, and methodology - The research method to be adopted is first to review evolution of larger ships in terms of theoretical overview, and shipping market is examined, and it is studied some problems and solutions in relation to larger ship as field research aspects. Results - Supply and demand of shipping market is flexible and unpredictable nature of market. Sometime fierce competition has spread out the market, and shipowner may deploy mega ship in terms of economy of scale, etc., to overcome the difficult market situations. Both carrier and shipper have their own positions in this matter concerned. However, it causes some problems in the market including port matters, etc. Therefore, it is asked to solve this problems of larger ship employed in the markets, throughout shipping alliances, etc. Conclusions - Over tonnage done by larger ship has caused some problems in the shipping markets, forming monopolistic market by small number of larger shipping companies, destroying oligopolistic nature of shipping business, therefore, the answer is strategic alliance to collaborate each other.

모바일 RFID의 특성이 실제 사용의도에 미치는 영향에 관한 연구 (A Study of the Factors Affecting Adoption of a Mobile RFID : Focused on the Technology Area of Mobile RFID)

  • 이다훈;조성민;황재훈
    • Journal of Information Technology Applications and Management
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    • 제20권1호
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    • pp.67-85
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    • 2013
  • The emergence of RFID markets and development of various RFID-embedded mobile devices has brought fundamental changes to our lives. As the availability of RFID readers and tags that are implanted in smart phones and table PCs increases, information on RFID-affixed objects can be tracked wirelessly and this had open possibilities for B2B businesses to be run like B2C businesses. However, given the popularity of the RFID markets, there is limited research in this area. This paper serves to develop an extended technology acceptance model by Mobile RFID characteristics (perceived cost, security, instant connectivity, context awareness, and result demonstrability) examines the determinant factors that cause the acceptance of mobile RFID. To do so, the study conducted a survey targeting smart phone users and used the PLS path modeling, one of the structural equation models to verify the significance of research hypothesis. As a result, perceived cost, instant connectivity, context awareness, and result demonstrability turned out to have a real effect on intention to use mobile RFID by means of perceived usefulness and perceived ease of use. Security turned out to have a partial effect on intention to use mobile RFID by means of perceived usefulness or perceived ease of Use.

조선의 편절과 일본사신 간의 교역품을 통하여 본 조선 전기의 직물문화 (Cloths Culture Study Based on the Trade Goods between Chosun Envoy and a Japanese Envoy in the Early Chosun Dynasty)

  • 이자연
    • 복식문화연구
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    • 제11권6호
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    • pp.826-834
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    • 2003
  • This research is to reveal an aspect of costume culture and a phase of the cloths in the relationship of the Chosun dynasty, by considering the exported goods from the Chosun dynasty of the trading goods derived by the trade diplomacy between the two countries in the Chosun dynasty-Japan relationship in the 15th and 16th. The research findings, by analyzing various literatures and related documents, follow. The research results are as follow. The exchange was the form of presenting a return present in return for a tribute to the Chosun dynasty from the Japanese envoy, which has a polycentric characteristic. Pusanpo, Naipo, and Yumpo were designated as the open ports, which played a pivotal role in the Korea-Japan exchange. The imported goods were somok, peppers, drug-stuffs, gold, bronze, sulfur, etc. The exported goods were books and cloths, such as hemp cloths, cotton cloths, silk, etc. The majority of exported goods was cloths, particularly cotton cloths. Meanwhile, in the 15th and the 16th century, with expanding of active trade towards Japan, the amount of export increased rapidly. As a result of the increase of exporting cotton cloths, the raw cottons production was increased and cotton cloth manufacturing was developed. However, it also expanded a dual structure of cotton cloths between the cotton cloths for exports and the cotton cloths for domestic markets. This dual structure of cotton cloth was lead to the deterioration of cotton cloths and had an effect on the price increases of domestic markets.

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정보기술(IT)을 활용한 기업의 혁신 추진 전략과 핵심성공요인 도출 : 현대중공업의 성공사례를 중심으로 (The Critical Success Factors of the Innovation and Strategy Using Information Technology : Case Study of Hyundai Heavy Industries Co.)

  • 김화영
    • 한국IT서비스학회지
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    • 제11권4호
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    • pp.87-105
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    • 2012
  • The purpose of this case study is to demonstrate the effectiveness of the disruptive innovation strategy based on the Resources Process Values(RPV) theory for a successful firm. Disruptive innovations seemed not initially perform well enough to be sold or used successfully in markets. The products and services used disruptive technologies have not been as effective as those used in the established markets. However, they have other attributes such as simplicity, convenience, and low cost, which appeal to a new, small and initially unattractive set in new or low-end applications. The Hyundai Heavy Industries Co.(HHI) performed the Jubail Industrial Harbour Project(JIHP), which built the Open Sea Tanker Terminal(OSTT) in Saudi Arabia, using the disruptive innovation strategy in order to lower the manufacturing cost of the offshore jacket and to complete the project successfully. The HHI developed the design and drawing systems to manufacture the jacket and also developed the HYundai Jacket Analysis System(HYJAS) software to use the structural analysis against stresses from rolling and pitching of the barge while transporting the jacket by sea.

국내 금융공학교육 현황과 향후 발전방향 (Financial Engineering Education in Korea)

  • 유시용;김삼용
    • 응용통계연구
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    • 제21권5호
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    • pp.765-774
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    • 2008
  • 국내 자본시장이 개방되면서 국제 자본시장으로의 편입이 가속화되고 있다. 이러한 가운데 '자본시장 및 금융 투자업에 관한 법률'(통합법)의 시행으로 국내 금융시장의 환경은 급속하게 변화될 것으로 예상된다. 국내 금융시장이 자본시장 개방확대와 함께 급속하게 변화하게 됨에 따라 금융공학 교육수요가 크게 증가할 것으로 예상된다. 현재 국내의 금융공학 교육과정은 아직 초기단계라고 할 수 있다. 금융공학은 수학, 통계학, 재무학, 공학 등 다양한 학문이 만나서 학제적인 연구가 이루어져야 하는 분야이기 때문에 학제적 연계가 부족하면 진정한 금융공학교육으로서 성립될 수 없는 특성을 가지고 있다. 또한 금융공학 교육은 산학협동으로 이루어져야 진정한 교육의 역할을 감당할 수 있다. 선진국의 경우 학제간 협동, 산학협동과 같은 다양한 경로를 통해서 다양한 측면의 금융공학교육을 실시하고 있는 반면, 한국의 금융공학 교육은 아직 초기 단계라고 할 수 있다. 국내 금융산업의 변화와 함께 금융공학수요가 증가하고 있는 현실에서, 학제간 협동과 산학협동을 통한 금융공학 교육의 공급이 이루어져야 할 것이다.

한.중 FTA 추진에 따른 농산물교역의 과제와 대응방안 (Prospect of FTA and Trade of Agricultural Products between Korea and China)

  • 배기형;조성제
    • 통상정보연구
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    • 제12권3호
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    • pp.167-195
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    • 2010
  • The global financial crisis, the instability of the global economy since the beginning of the growing economic interests of the countries to adjust to establish a new economic system was set up on occasion. Meanwhile, standing in the international trade environment, multilateral system of international trade for the country as the cumulative fatigue of open markets and trade liberalization as an alternative to lead the free trade agreements between countries. Currently in Korea and China, in addition to the geographical proximity in all areas, including economic exchanges and mutually dependent relationship that is deepening the world's No. 1 exporter in China and overseas investors have become partners. FTA with China by promoting the growth of emerging economies in the Chinese market by securing a stable economic growth of China as a driver of economic growth in the country to utilize the plan is being promoted from. This study is currently being promoted, in a discussion of the FTA's agricultural trade measures to address the challenges and poems. Agricultural trade with other goods to be different from the specificity of the discussion of market opening and liberalization of trade has been recognized in the main essentially nothing. We promote an FTA, according to one review and discuss the background and trends of the agricultural trade in a market, through the analysis of the status and trends and present problems for future bilateral trade negotiations with Korea for agricultural markets and propose countermeasures for. Agricultural trade, during a discussion of the FTA is essentially nothing in the review is expected to expand the bilateral trade in agricultural products, while protecting its agricultural markets to be trying to policy implications.

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유럽 철도교통시장의 경쟁체제 도입사례 연구 (A Case Study on the Competitive System of EU Railway Transport Market)

  • 이용상;문대섭
    • 한국철도학회논문집
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    • 제11권5호
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    • pp.455-464
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    • 2008
  • 최근 유럽의 교통시장은 이전과는 다른 큰 변화를 겪고 있다. 변화의 핵심은 지역통합에 따른 철도교통망의 정비와 철도교통시장의 개방과 경쟁체제의 도입이다. 유럽위원회(European Commission)는 정책적으로 서비스 향상을 위해 시장을 개방하고 새로운 사업자의 진입보장을 추진하고 있다. 본 논문에서는 철도교통의 경쟁가능성의 검토와 사례분석을 통한 경쟁의 성과를 살펴보고 우리나라에의 적용방향을 제시하였다. 철도교통의 경우 국가운영이라는 특수성과 높은 투자비용 등으로 경쟁보다는 쪽-전성이 인정되어 왔다. 그러나 최근 유럽의 경우, 유럽연합이라는 특수성과 유럽각국이 가지고 있는 지방권이라는 개념을 통해 중앙정부와 지역단위에서 경쟁체제의 도입이 추진되고 있다. 여기에서는 사례분석을 통해 경쟁체제를 도입한 국가에서 수송량 향상이라는 성과가 나타나고 있다고 분석하고, 이는 향후 가속화될 것이라고 전망하였다. 아울러 철도교통시장에서의 경쟁체제의 도입가능성에 대해 논의가 이론적으로나 경험적으로 보다 더 활성화될 수 있다는 것을 확인하였다. 따라서 향후 우리나라의 경우도 향후 철도서비스의 향상과 비용절감 등을 위해 철도시장의 경쟁체제를 도입하는 문제를 심각하게 검토해 볼 필요가 있다고 하겠다. 이를 위해서는 철도시장의 성장가능성, 새로운 경쟁자의 참여 가능성, 비용구조와 PSO의 보다 정확한 정의, 기술적인 문제의 해결 등 선결조건에 대한 면밀한 검토가 의다 깊게 이루어져야 할 것이다.

新製品開発研究の最新動向及び今後の課題 (Literature Review of Recent Trends and Future Directions on New Product Development Research)

  • 今井まりな
    • Journal of East Asia Management
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    • 제2권1호
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    • pp.105-132
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    • 2021
  • The purpose of this study is to summarize recent research on new product development (NPD) and to examine the direction of future research on NPD. In recent years, product development has also become more diversified due to the formation and disappearance of new markets, the increasing commoditization of products, and the emergence of new technological infrastructures such as ICT and crowdsourcing. In addition, NPD research is also in a situation where new research is emerging along with the progress of research in related areas, such as open innovation and customer participation. On the other hand, research on NPD has become increasingly fragmented into themes related to NPD as research progresses, making it more difficult to grasp the overall picture of NPD research, although review articles on NPD have been written. Not many review articles have been written in a way that goes beyond the individual themes of NPD research. However, even though it is impossible to look at NPD research as a whole, this study believe that by daring to conduct an exhaustive review of recent NPD research, rather than individual issues, and by understanding the types of discussions that have taken place in recent NPD research, this study can identify areas that require further discussion. Based on the above, the purpose of this study is to comprehensively examine and organize the topics and issues that have been dealt with in recent NPD research, point out the topics that have not been adequately dealt with in previous research, and indicate the direction of future research. This study found that (1) half of the previous studies this study reviewed dealt with the topic of collaboration in NPD, (2) existing studies on NPD assume that the purpose of NPD is to gain competitive advantage through differentiation, but the formation of the market itself through NPD has not been discussed However, it became clear that there has been no discussion of the formation of the market itself through NPD. While the formation and disappearance of new markets has become a common phenomenon in recent years as the competitive environment changes more and more rapidly, the formation of new markets through NPD may also be discussed as a new research area of NPD. However, the formation of new markets through NPD could be discussed as a new research area of NPD. This study examined the possibility of discussing the formation of new markets through NPD by using market category studies.

오픈마켓 의류구매에서의 재품 및 쇼핑몰 속성 만족이 구매행동에 미치는 영향 -쇼핑몰 신뢰, 재구매 의도, 추천 의도를 중심으로- (The Influences of Satisfaction of Product and Shopping Mall Properties on Clothing Purchasing Behavior in Internet Open Market -Focusing on Mall Reliability, Repurchase Intention, and Recommendation Intention-)

  • 지혜경
    • 한국의상디자인학회지
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    • 제14권3호
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    • pp.161-176
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    • 2012
  • This study aims to find out the influence of satisfaction of the product and shopping mall attributes on mall reliability, repurchase intention, and recommendation intention in internet open market. For this purpose, this study surveyed 266 male and female consumers in their 20's~40's for empirical analysis who have ever purchased clothing through internet open markets. Respondents are selected using the convenience sampling through online survey in August 2011. For statistical analysis, descriptive statistics, reliability analysis, factor analysis, t-test, ANOVA, and regression analysis are carried out using SPSS for Windows 12.0. The results are as follows; First, it was identified that there were Significant differences in consumers' satisfaction on product and shopping mall attributes according to purchase price, degree of purchase, and the demographics. Second, it was identified that performance, sewing condition, the stability of the form, texture, harmony with other clothes, the response of people, fashionability, seller, origin, detailed explanation on products, interaction with shopping malls, and ease-of-use have significant influence on the reliability of open market. Third, it was identified that easiness to be active in, the stability of the food, design, suitability to T.P.O, price, origin, detailed explanation on products, product assortment, reputation of shopping malls, ease-of-use, and delivery charge policy have significant influence on the repurchase intention. Fourth, it was identified that easiness to be active in, the stability of the form, design, suitability to T.P.O, price, origin, detailed explanation on products, product assortment, reputation of shopping malls, ease-of-use, and delivery charge policy have significant influence on the intention to recommend.

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