• Title/Summary/Keyword: Operating revenue

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Operation Financing Method for Management Activities and Effect on Management Performance in Regional Public Hospitals (지방의료원의 경영활동 운영자금 조달방법과 경영성과에 미치는 영향)

  • Jung, Yong-Mo;Ha, Au-Hyun
    • Journal of Convergence for Information Technology
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    • v.10 no.11
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    • pp.324-331
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    • 2020
  • This study used the financial information of 29 Regional public hospitals registered in the HASPA. Regional public hospitals analyzed the ratio of operating financing by management activities and how they affect net profit. The results of the study, Regional Public Hospitals ratio of fund financing for management activities was 83.50 percent for medical revenues, 9.53 percent for Incidental Revenue of Medical, 4.54 percent for Contribution Revenue, 4.42 percent for Other non-medical profits, 1.21 percent for depreciation Expense and 0.73 percent for Amount of reserve for unique purpose project. As a result of examining the effect of financing by management operation on net profit, the ratio of operating funds by medical revenue, by incidental revenue of medical, by contribution revenue and by other non-medical profits had a positive impact on net profit of Regional public hospitals. And It has been confirmed that the ratio of amount of reserve for unique purpose project has a negative impact on net profit. Therefore, it is necessary for Regional public hospitals to manage costs in consideration of revenues and internal reserves.

A Study on the Mutual Effect between Small & Medium-sized Enterprises and Economic Growth: Evidence from Alibaba Group and City of Hangzhou

  • He, Yugang
    • Asian Journal of Business Environment
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    • v.9 no.2
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    • pp.27-34
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    • 2019
  • Purpose - From the advanced path of development and current situation, the development of enterprises plays a tremendous role in promoting national economic growth and raising the overall national strength. Therefore, this paper aims at examining the mutual effect between small & medium enterprises and economic growth. Research design, data, and methodology - In order to address the operating mutual effect between the small & medium enterprises and economic growth more clearly, this paper sets Alibaba Group and Hangzhou as an example. Meanwhile, the annual data from 2000 to 2017 will be employed, and an empirical analysis will be performed under the vector error correction model. Results - The findings display that the total revenue of Alibaba Group has a positive effect on economic growth in city of Hangzhou. However, the Granger Causality test implies that there is only a unidirectional causality between total revenue of Alibaba Group and economic growth in Hangzhou. More specifically, 1% increase in total revenue of Alibaba Group can result in 0.272% in economic growth of Hangzhou in the long run. Conclusions - In summary, for the long run, the local governments should promulgate a series of policies to assist the small & medium enterprises like Alibaba Group to improve the local economic growth as seen in the city of Hangzhou.

Analysis of Farm Revenue Stabilization and Social Welfare Effects of Crop Yield Insurance (농작물재해보험의 농가 수입안정 및 사회적 후생 효과 분석)

  • Kang, Su-Jin;Chung, Won-Ho
    • Korean Journal of Organic Agriculture
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    • v.24 no.3
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    • pp.369-383
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    • 2016
  • Crop yield insurance program in Korea has rapidly grown not only in quantity but in quality for 15 years since it was introduced in 2001. Despite growth of Crop insurance, performance evaluation for crop yield insurance has not fully been evaluated at the farm, consumer and national level. The purpose of this study is to conduct the performance evaluation for crop yield insurance through estimating the effects of farm revenue stabilization and social welfare increase with three popular insurance items: apple, pear and sweet persimmon. Based on the analysis of social welfare effect, cost-benefit analysis of operating crop yield insurance was conducted at the national level. We found that crop yield insurance stabilizes farm revenue based on the estimated four risk indicators: Coefficient of Variation, Value at Risk, Certainty Equivalence, and Risk Premium. The result of cost-benefit analysis shows that crop yield insurance increases social net benefit by 44.1 billion won for the three items. As a result, crop yield insurance program has contributed remarkably on social welfare as well as farm management and its role will be more important in the future.

Characteristics of Braking Noise in accordance with Operating Mode of KTX High Speed Vehicle (KTX 열차 운전 모드에 따른 정차소음 특성)

  • Lee Chan-Woo;Kim Jae-Chul;Cho Jun-Ho
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.816-822
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    • 2005
  • High speed trains with maximum speed of 300km/h, named KTX, have started revenue services since April 2004. Is becoming big problem where currently the KTX train because excessive braking noise at a station platform. The KTX braking noise follows in operating mode of KTX train and important railroad station where the quality appears different, the quality against hereupon from the commerce vehicle from the research which it sees it executes and comparison to analyze.

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Market Performance and Strategy of Program Providers (방송채널사용사업자의 시장 성과와 전략)

  • Lee, Sangwon;Lee, Seonmi
    • The Journal of the Korea Contents Association
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    • v.21 no.12
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    • pp.287-295
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    • 2021
  • This study examines the performance of program providers(PP) considering various factors. This study employs the panel regression models with the dataset from 2014 to 2019. This study analyzes how various market structural factors and behavioral factors have impact on the performance. The results show that the high proportion of retransmission fees to broadcasting revenue is negatively associated with total media revenue and operating income while advertising revenue is positively associated with these factors. The results imply PPs that have heavily depended on the fees have not showed a superior performance. Current PP markets are evaluated to have low average revenue per users and thus the size of retransmission fees cannot be enlarged. Under such market conditions, PPs focusing on raising advertising revenue show better performance. This study also suggests that PPs that own diverse channel assets have improved their performances.

International Comparison of Railway Freight Performance (국가별 철도물류 운영현황 비교연구)

  • KIM, Young Joo;KWON, Yong Jang;HUR, Jun;CHUNG, Sung Bong
    • Journal of Korean Society of Transportation
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    • v.33 no.5
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    • pp.431-440
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    • 2015
  • This study aims to quantify the railway freight performance using various indicators, to compare it over many countries, and to evaluate efficiency of railway freight in Korea. The indicators developed in this study was classified into two categories; country-specific and company-specific indicator. The former includes freight train density, average gross train load and average haul while the latter contains revenue/ton-km, ratio of operating costs to revenue, revenue per employee, ton-km per employee, costs per ton-km and ratio of labor costs to total operating costs. The results of this study shows that Korail performance is in low efficiency due to multi-frequency small amounts transport. The productivity of railway freight in Korea represented as ton-km per employee appears to be lower than that of other oversea companies considered in this study.

Correlation analysis of key operating indicators of waterworks with the Infrastructure Leakage Index (ILI) (수도사업자의 주요 운영지표와 ILI(Infrastructure Leakage Index)와의 상관관계 분석)

  • Jeon, Seunghui;Hyun, Inhwan;Kim, Dooil
    • Journal of Korean Society of Water and Wastewater
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    • v.35 no.3
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    • pp.237-246
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    • 2021
  • The ILI, developed by the IWA (International Water Association), has been used in many countries as an indicator of water leakage. In Korea, the revenue water has been used as a performance indicator for waterworks although there is an opinion to replace it with the ILI. Hence, it has been necessary to investigate whether the ILI can replace the revenue water in Korea. The four main operating indicators (i.e., water service population, profit-loss ratio, fiscal self-reliance, and aged pipe rate) of 162 Korean waterworks were compared with the ILI with the linear regression method. Local water authorities with more than 1 million water service population, with more than 60% profit-loss ratio, more than 40% and less than 60% fiscal self-reliance, and more than 20% aged pipe rate showed meaningful correlation between the four parameters and the ILI. In the remaining cases, their correlations were little or weak. This means that using the ILI may not be an efficient method to represent the performance of the water supply system in Korea because of the lack of UARL (Unavoidable Annual Real Losses) data accuracy. To use the ILI in Korea, it will be required to carry out an additional research to accumulate reliable CARL (Current Annual Real Losses) and UARL data in the future.

Operation Fund Financing and Management Performance of National and Public Medical Institutions and Private Medical Institutions (국·공립의료기관과 민간의료기관의 운영자금 조달과 경영성과)

  • Ha, Au-Hyun
    • Journal of Convergence for Information Technology
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    • v.11 no.4
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    • pp.203-210
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    • 2021
  • This study analyzed the financing ratio by operation fund financing method and their impact on management performance according to the establishment operation management entity of the medical institution. For the analysis method, ANOVA, logistic regression, and regression analysis were conducted using financial information registered with HASPA.The results of the study, The ratio of gross revenue to operating funds differed significantly depending on the establishment operation management entity. In addition, it was found that the financing ratio of each operation fund financing method was significantly related to the management results(deficit, surplus), and the impact of the operation fund financing method on management performance differed according to the establishment operation management entity. As a result, the management of operating funds of medical institutions is deemed appropriate to apply cost management first considering the ratio of revenue to operating funds, and then to utilize internal operating funds.

An analysis of the performance of global major airports using two-stage network DEA model (2단계 네트워크 DEA를 이용한 세계 주요 공항 성과 분석)

  • Yoo, Seuck-Cheun;Meng, Jie;Lim, Sungmook
    • Journal of Korean Society for Quality Management
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    • v.45 no.1
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    • pp.65-92
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    • 2017
  • Purpose: The performance of global major airports is evaluated and several research questions are examined relative to the measures characterizing airport performance. Methods: The two-stage internal structure of airport performance is considered by decomposing it into physical operations and revenue generation. In the physical operations stage, operating costs, number of runways, terminal area and number of employees are used as inputs, while passenger throughput, cargo throughput and aircraft movements are taken as outputs. Subsequently, in the revenue generation stage, the outputs from the preceding stage are taken as inputs, while revenue is used as output. Results: Based upon this two-stage modeling of airport performance, a multiplicative two-stage network data envelopment analysis model is employed to calculate the overall and stage efficiencies of 59 airports using the recent data in the 2014 Airport Benchmarking Report published by the Air Transport Research Society. Several internal and external factors are also considered such as airport size, airport geographical location, proportion of international passengers, ownership (listed or not) and management style, and statistical analysis is performed to examine their impacts on airport performance. Conclusion: It is shown that the airports exhibit statistically significant difference across regions, and also some statistically significant factors affecting airport performance are identified.

Measurement and management of flexibility for the supply chain system (공급사슬시스템을 위한 유연성의 측정과 관리)

  • Jung, Jung-Woo;Lee, Young-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.643-650
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    • 2005
  • The object of this study is the development of a measuring framework for supply chain flexibility. Prior to treat supply chain flexibility, time flexibility, quantity flexibility, and cash-flow flexibility for each company are newly suggested. Especially, all developed measures can deal with the monetary point of view through various cost functions. Then weights of time flexibility, quantity flexibility, cash-flow flexibility are determined to find the effect of the level of flexibility in the supply chain. This is based on the relationship between the ratio of profit to revenue and value of three developed flexibility measures. To find the level of weight for each flexibility measure, neural network theory is used. Then the forecasting of the ratio of profit to revenue for all companies in the next period can be available. Therefore, all companies in the supply chain can control their operating processes to improve flexibility.

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