• Journal of Korea Trade
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• 제25권3호
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• pp.65-86
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• 2021

Purpose - This paper empirically investigates the relationship between the corporate value chain and performance of non- financial businesses of South Korean stock market companies. It aims to explore the evidence that can be used to infer the relationship between value chains and corporate performance in the case of firms forming a value chain with other companies with the means of an equity investment or a special business relationship. Design/methodology - Non-financial corporations listed from 2011 to 2017 on the securities market of South Korea are analyzed. The data used for analysis are found for transactions with the related party by year for all the corporations of non-financial industries in the securities market. Multiple analysis attempts are conducted including the relationship between the value chain and productivity, corporate value, risk-adjusted corporate value, and mediation effects of productivity. The empirical model employs sixteen variables including the value chain index which identifies its impact on various aspects of business performances. Findings - The results of this study clearly supports the phenomenon that corporate productivity and value are enhanced when the corporation expands its value chain established with domestic related firms and overseas companies. Such a positive effect is statistically significant even after the possible risk factors that accompany the expansion of value chain were considered, and productivity plays the role as a medicating variable in the effect of the value chain on the corporation values. Originality/value - The findings of this study confirms that domestic companies' expansion of their value chain centered on the related firms overseas that helped them in terms of the maximization of their productivity and corporate values. This study shows that Korean government's policy on expanding the corporate GVC can enhance the productivity and value of firms. The expansion of value chain and its impact on business performance has not been explored thoroughly, although it is getting more and more important in the global trade operation.

• 국제지역연구
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• 제17권4호
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• pp.23-42
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• 2013

본 연구는 1999년부터 2006년까지 한국 상장기업(제조기업으로 한정) 454개사를 대상으로, 기업지배구조(재벌기업, 가족기업 여부)가 기업의 국제화 수준에 미치는 영향을 소유지분 집중도의 조절효과를 중심으로 분석하고 있다. 실증분석결과 재벌기업과 가족기업의 기업지배구조는 기업의 국제화수준에 유의한 정(+)의 영향을 미치는 것으로 나타났다. 소유지분 집중도의 조절효과를 검증한 결과 소유지분집중도가 높을수록 재벌기업의 지배구조가 국제화 수준에 미치는 정(+)의 영향이 약화된다는 증거가 발견되었다. 하지만 소유지분 집중도가 가족기업의 지배구조와 국제화 간의 관계에는 아무 영향을 미치지 않는 것으로 나타났다. 이러한 분석결과는 재벌기업과 가족기업의 경우 그렇지 않은 기업보다 국제화에 긍정적인 영향을 미칠 수 있지만, 소유지분 집중도가 높은 경우 높은 위험회피 성향으로 인해 재벌기업이 국제화에 미치는 정의 영향이 약화될 수 있다는 것을 시사한다.

• 대한간호학회지
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• 제49권4호
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• pp.398-410
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• 2019

Purpose: This study used a system dynamics methodology to identify correlation and nonlinear feedback structures among factors affecting adolescent cyberbullying victims (CV) in Korea and to construct and verify a simulation model. Methods: Factors affecting CV were identified by reviewing a theoretical background in existing literature and referencing various statistical data. Related variables were identified through content validity verification by an expert group, after which a causal loop diagram (CLD) was constructed based on the variables. A stock-flow diagram (SFD) using Vensim Professional 7.3 was used to establish a CV model. Results: Based on the literature review and expert verification, 22 variables associated with CV were identified and the CLD was prepared. Next, a model was developed by converting the CLD to an SFD. The simulation results showed that the variables such as negative emotions, stress levels, high levels of conflict in schools, parental monitoring, and time spent using new media had the strongest effects on CV. The model's validity was verified using equation check, sensitivity analysis for timestep and simulation with 4 CV adolescent. Conclusion: The system dynamics model constructed in this study can be used to develop intervention strategies in schools that are focused on counseling that can prevent cyberbullying and assist in the victims' recovery by formulating a feedback structure and capturing the dynamic changes observed in CV. To prevent cyberbullying, it is necessary to develop more effective strategies such as prevention education, counseling and treatment that considers factors pertaining to the individual, family, school, and media.

• Journal of Forest and Environmental Science
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• 제35권3호
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• pp.205-211
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• 2019

The objective of this research was to assess the amount of carbon stock of coarse woody debris (CWD) in Bombo-Lumene Reserve. Data on lying CWD was collected on 35 circular sampling plots using Line Intersect Sampling (LIS) method. A total of 230 samples CWD (${\geq}10cm$ diameter) were inventoried. The mean carbon stocks of CWD was $29.48Mg\;C\;ha^{-1}$, ranging from 4.32 to $73.54Mg\;C\;ha^{-1}$. The CWD carbon stocks displayed a wide range of variation in decay states. The allocation of CWD among the decay class of all the CWD samples reveals that the most important classes were class 1 and class 3 with 323.66 and $321.96Mg\;C\;ha^{-1}$, followed by class 4 with 264.56 and the last one was class 2 with $121.72Mg\;C\;ha^{-1}$. The results suggested that the dead wood component is important in carbon sequestration and should be taken into consideration for quantification of carbon stocks not only in Bombo-Lumene Reserve, but in all forest ecosystems in the Democratic Republic of Congo.

• 국제지역연구
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• 제21권4호
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• pp.19-39
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• 2017

본 연구는 교역조건 수준과 변동성이 실질 GDP 및 인플레이션에 미치는 영향을 분석하기 위해 OECD 26개국을 대상으로 1990년부터 2015년까지 실질 GDP, 인플레이션, 교역조건 등의 자료를 이용해 선형패널 및 동태패널모형을 설정하여 추정하였다. 분석결과 교역조건 수준과 변동성은 실질 GDP에 거의 영향을 미치지 않거나 통계적으로 유의하게 음(-)의 영향을 미치더라도 크기는 매우 작아 무시할 정도였다. 반면 교역조건 수준과 변동성은 모든 모형에서 동일한 결과를 얻은 것은 아니지만 대체로 인플레이션에 양(+)의 영향을 미치는 것으로 분석되었다. 교역수준의 상승은 경상수지 흑자 또는 구매력을 상승시켜 총수요 증가를 통해 인플레이션을 야기하고 교역조건 변동성의 상승은 경제 내 불확실성을 확대시켜 불완전경쟁에 직면한 기업들로 하여금 현재 가격을 인상하도록 하여 인플레이션을 야기하는 것으로 판단된다.

• 한국수산과학회지
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• 제54권1호
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• pp.129-134
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• 2021

This study used the commercial fishing data of Korean high sea bottom longline vessels in the South West Atlantic Ocean from 2013 to 2019 to identify the distribution of fishing grounds of Korean longline vessels. We estimated the CPUE of the Patagonian toothfish Dissostichus eleginoides and the changes in its stock status. The fishing grounds of Korean longline vessels were observed to concentrate on the exclusive economic zone (EEZ) boundary between Argentina, Uruguay, and Falkland owing to the high seas of 41-55 °S in the south and 49-60 °W in the west. A high intensity of fishing was seen in the middle area, which was horizontal from the 3.1 subarea. In all the three subareas, CPUEs have had the tendency to decline since 2013. Although the CPUEs in the 3.2.1-2 subareas were the highest in each subarea, there was no significant difference in each subarea (P>0.05). It is believed that the establishment of a regional fisheries organization or the strengthening of the management of FAO is necessary for the management of Southwest Atlantic fisheries and sustainable fishing, because the portion and scope of Korean longline vessels are very low in the Southwest Atlantic; however, the CPUE is estimated to have declined.

• 한국콘텐츠학회논문지
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• 제20권12호
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• pp.136-144
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• 2020

선행연구에서는 노동투자비효율성이 정보비대칭이 심하고, 경영자와 외부 투자자들간의 대리인 문제가 클수록 발생한다고 보고하였다. 따라서 노동투자의 비효율성이 높은 기업의 경우 경영자가 기업가치를 훼손시킬 수 있는 기회주의적 의사결정을 내릴 가능성이 높아진다. 이에 본 연구는 시장에서 투자자들이 비효율적으로 노동투자 의사결정이 이루어지는 기업들의 회계정보를 투자의사결정에 유용하게 사용할 가능성이 낮아짐에 따라 노동투자 비효율성이 높아질수록 회계정보의 가치관련성이 감소하는지 살펴보고자 한다. 노동투자효율성은 기업의 실제 노동투자수준과 예상되는 적정노동투자수준의 차이로 측정하여 이 차이가 커질수록 노동투자가 비효율적으로 이루어지는 것으로 판단하였다. 2002년부터 2018년까지 한국거래소에 상장된 기업의 데이터를 사용하여 분석한 결과, 노동투자에 대한 비효율성이 증가할수록 회계이익의 가치관련성이 감소하는 것으로 나타났다. 본 연구는 기업의 경쟁력에 중요한 요인으로 작용하는 인력에 대한 투자가 비효율적으로 이루어지는 기업일수록 회계이익에 대한 정보 유용성이 감소한다는 실증적인 근거를 제시하였다는 측면에서 공헌점을 찾을 수 있다.

• Journal of Forest and Environmental Science
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• 제37권2호
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• pp.116-127
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• 2021

Predicting carbon distribution of soil aggregates is difficult due to complexity in organo-mineral formation. This limits global warming mitigation through soil carbon sequestration. Therefore, knowledge of land use effect on carbon stabilization requires quantification of soil mineral cations. The study was conducted to quantify carbon and base cations on soil mineral fractions in Natural Forest, Plantation Forest and Farm Land. Five 0.09 ha were demarcated alternately along 500 m long transect with an interval of 50 m in Natural Forest (NF), Plantation Forest (PF) and Farm Land (FL). Soil samples were collected with soil cores at 0-15, 15-30 and 30-45 cm depths in each plot. Soil core samples were oven-dried at 105℃ and soil bulk densities were computed. Sample (100 g) of each soil core was separated into >2.0, 2.0-1.0, 1.0-0.5, 0.5-0.05 and <0.05 mm aggregates using dry sieve procedure and proportion determined. Carbon concentration of soil aggregates was determined using Loss-on-ignition method. Mineral fractions of soil depths were obtained using dispersion, sequential extraction and sedimentation methods of composite soil samples and sieved into <0.05 and >0.05 mm fractions. Cation exchange capacity of two mineral fractions was measured using spectrophotometry method. Data collected were analysed using descriptive and ANOVA at α_0.05. Silt and sand particle size decreased while clay increased with increase in soil depth in NF and PF. Subsoil depth contained highest carbon stock in the PF. Carbon concentration increased with decrease in aggregate size in soil depths of NF and FL. Micro- (1-0.5, 0.5-0.05 and <0.05 mm) and macro-aggregates (>2.0 and 2-1.0 mm) were saturated with soil carbon in NF and FL, respectively. Cation exchange capacity of <0.05 mm was higher than >0.05 mm in soil depths of PF and FL. Fine silt (<0.05 mm) determine the cation exchange capacity in soil depths. Land use and mineral size influence the carbon and cation exchange capacity of Gambari Forest Reserve.

• 한국전자거래학회지
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• 제26권1호
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• pp.67-78
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• 2021

국내 전자상거래는 거래액을 기준으로 최근 5년간 연평균 20% 이상의 성장률을 지속적으로 기록하고 있다. 전자상거래의 급증으로 인해 소비자를 직접 만나기 어려운 유통기업들은 고객과의 유일한 접점이 되는 라스트마일 서비스 경쟁이 치열한데, 특히 최근 가장 경쟁이 뜨거운 배송영역은 서비스 차별화를 위해 풀필먼트 센터의 역할이 매우 중요하다. 소비자가 주문한 제품을 서비스 수준에 맞춰 신속하게 준비 할 수 있는 역량을 반드시 갖추고 있어야 한다. 본 연구는 전자상거래 시장에서 기업이 경쟁력을 갖추기 위한 방안으로써 풀필먼트 센터에서의 신속한 주문처리를 위해 오더피킹 시스템을 대상으로 연구를 진행하였다. 오더피킹 설비에서의 재고 보충 최적화를 위한 수리 모형 알고리즘을 구현하고, 실제 운영 프로세스와 데이터를 활용한 시뮬레이션을 통해 과학적이고 객관적인 방법으로 효과를 검증하였다.

• The Journal of Asian Finance, Economics and Business
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• 제8권1호
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• pp.573-585
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• 2021

The banking sector is one of the most important sectors in Pakistan's struggling economy. Recent studies have recommended that suitable methods can be applied to predict bankruptcy. In this context, this work analyzes Pakistan's banking sector's financial status through the five-factor Altman Z-score model, which determines the probability of bankruptcy for an organization. Banking data has been collected through the Pakistan Stock Exchange (PSX) in the period 2013-2017. The Z-score assessment criteria is defined as: Z> 2.99 - "safe" zone; Z> 1.8 Z>2.98- "grey" zone; and Z <1.8 - "distress" zone. Results show good predictions for the local banking industry, while most foreign Pakistani banks were found bankrupt with the Z-score below 1.1. One of the financial risks investors face when investing in any company is the risk of bankruptcy. One of the most used models for predicting financial distress for any company is Altman's Z-score model. On the other hand, the Z-score analysis suggests that all banking establishments are not bankrupt because they have sufficient ability to control bankruptcy. At the same time, foreign banks failed financially and would not be able to be sustained in the future because they do not have the ability to pay the short-term and long-term debt.