• 제목/요약/키워드: Tax Ratio

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친환경 버스 도입에 따른 경제성 분석에 관한 연구 (대구광역시 중심으로) (A Study on the Economic Analysis of Introducing Battery-Based Eco Bus: Case Study of Daegu City, South Korea)

  • 박재석;김성열;김동민
    • 전기학회논문지
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    • 제67권3호
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    • pp.343-351
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    • 2018
  • Renewable energy sources has drawn considerable attention as clean energy sources because of changing public attitudes regarding greenhouse gas and fine dust. Recently, in this respect, the government provides the drivers of electric vehicles with various benefits such as tax reduction, financial incentives and free parking from the public to the private sector. Plug-in electric vehicles are the most common in the private sector. Otherwise, different types of battery-based buses in the public sector are being developed, and there are three main types of charging: plug-in, battery swapping and wireless. Therefore, economic assessment of charging types in each bus route is required in order to facilitate the use of battery-based buses instead of the existing CNG buses. In this paper, net present value(NPV) and B/C ratio of charging types are evaluated in consideration of the bus schedule, the cost of charging station, and the life cycle of battery, etc. per each bus route. In case study, main bus routes in Daegu City are simulated with the proposed evaluation method to validate the eco-bus project.

코스닥 기업의 자본조달 결정요인 (Determinants of Financing Decisions of the KOSDAQ Firms)

  • 곽세영
    • 한국산학기술학회논문지
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    • 제12권12호
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    • pp.5663-5670
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    • 2011
  • 이 논문은 기업의 자본조달과 자본구조를 설명하는 이론으로 대표적인 정태적 절충이론과 자본조달순위이론을 2000년부터 2010년까지 11년간의 기간에 걸쳐서 한국의 중소기업이 주로 상장되어 운영되는 코스닥시장을 대상으로 분석하였다. 코스닥 시장에 거래된 금융업을 제외한 762개의 표본에 대해 전체기간, 전반기 및 하반기의 하위기간으로 구분하여 회귀분석한 결과 부채사용으로 인한 법인세 절약효과와 기업규모 증가에 따라 부채비율이 증가하는 정태적 절충이론의 주장이 일부 지지되지만, 성장기회가 많을수록 부채사용을 선호하고, 수익성이 높을수록 유보이익과 같은 내부자금을 선호함에 따라 레버리지가 감소하는 자본조달순위이론도 일부 지지하는 결과를 얻었으나 감가상각비 등을 이용한 비부채 세금절약은 자본조달 의사결정에 영향을 미치지 않는 것으로 분석되었다.

Effects of CSR Activities on Business Performance of Logistics Firms

  • JEON, Ho-Jin;KIM, Young-Min;YOUN, Myoung-Kil
    • 유통과학연구
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    • 제17권12호
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    • pp.23-32
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    • 2019
  • Purpose As consumer awareness grows, the importance of CSR becomes even more important for long-term growth. In response to this current trend, the purpose of this study is to analyze the effect of CSR activities on business performance for logistics companies. Research design, data, and methodology - Between CSR activities and growth, there was a generally positive(+) relationships between activities such as donation and volunteerism and the growth of the enterprise. In terms of the relationship between environmental factors and growth, negative results were expressed. In case of profitability, improved welfare for workers has had a positive impact on corporate profitability. Results - With respect to stability, a high proportion of equity capital is not considered to be more active in SCR activities. Significant negative results were given between the minimum factors for entry, transportation, and noise generation factors and the ratio of liabilities, which are representative friction factors in the community. Conclusions - With respect to stability, a high proportion of equity capital is not considered to be more active in SCR activities. Significant negative results were given between the minimum factors for entry, transportation, and noise generation factors and the ratio of liabilities, which are representative friction factors in the community.

Factors Influencing Business Efficiency of Steel Firms: Evidence from Vietnam

  • NGUYEN, Nguyet Minh;TRAN, Kien Trung
    • The Journal of Asian Finance, Economics and Business
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    • 제8권1호
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    • pp.295-304
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    • 2021
  • This study aims to identify and analyze the impact of internal factors on business efficiency of steel firms in Vietnam. The article uses data collected from the financial statements of 26 steel firms operating in Vietnam between 2012 and 2019. With the application of E-view software in quantitative analysis to build regression models on the table data (panel data), and the study has built a regression model identifying the relationship and impact level of internal factors affecting business efficiency of steel firms in Vietnam. In the study, the dependent variable is business efficiency, determined by the profit after tax on the firm's assets. The independent variables are firm size, growth rate, capital structure, ratio of long-term assets, receivables management, and solvency. The research results show that the four factors of firm size, growth rate of assets, receivables management, and solvency have a positive impact on business efficiency, while two factors including capital structure and ratio of long-term assets do not affect business efficiency of enterprises. The results of this article are very useful for corporate executives in general and for financial managers in particular, helping managers make the right financial decisions for the company to promote business efficiency of the company.

부채특성이 경영권방어수단과 타인자본비용 간의 관계에 미치는 영향 (The Effect of Debt Characteristics on the Relationship between Anti-Takeover Provision and the Cost of Debt)

  • 이아영;김성혜
    • 아태비즈니스연구
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    • 제14권3호
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    • pp.205-219
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    • 2023
  • Purpose - This study examines the effect of corporate debt characteristics on the relationship between anti-takeover provision and the cost of debt. Design/methodology/approach - The study analyzes a sample of non-financial firms listed on the stock market with December fiscal year-end from 2011 to 2018. Debt default risk (debt size, liquidity ratio, interest coverage ratio, loss occurrence) and the issuance of bonds are utilized as measures of corporate debt characteristics. Findings - First, it is observed that creditors of firms with anti-takeover provision demand higher returns as the debt default risk of these firms increases. Second, for firms issuing bonds, it is found that bondholders in companies with anti-takeover provision also seek higher returns. Research implications or Originality - This study contributes by demonstrating that the effect of anti-takeover provision on creditors can vary depending on corporate debt characteristics. Particularly, the study highlights the importance of a firm's debt default risk and creditor distinction (bondholders vs. regular creditors) as significant factors that may influence perceptions of anti-takeover provision.

일본의 건축물 녹화 관련제도 연구 (A Study on Related System of Building Greening in Japan)

  • 윤용한;주진희;김원태
    • 한국환경과학회지
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    • 제19권12호
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    • pp.1397-1402
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    • 2010
  • In recently, building greening to improve the urban environment is a very important areas. Thus, in order to promote the building greening is needed for the arrangement of its related system. In this study, analyzed the related system in Japan and the results obtained are as follows. Related system in Japan are to promote the spread of compulsory and dissemination of guidance. And to promote the spread of dissemination of guidance are to allowed a system to be included in green area of the site required, plans to loan the costs of greening, plans to subsidize the cost of greening, tax reduction and exemption, incentive on floor area ratio, plant supply and other technical guidance system. In conclusion, in order to promote the building greening note the related system of Japan and our related system should be arranged.

재무비율을 이용한 편모가계의 재정상태 평가 (Evaluations of the Financial Status of Single Mother Households Using Financial Ratios)

  • 곽민주;이희숙
    • 한국지역사회생활과학회지
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    • 제14권1호
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    • pp.55-71
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    • 2003
  • The purpose of this study was to evaluate the financial status of single mother households by financial ratios. Data was drawn from Labor Panel Survey Data in 1999, and 198 single mother households were selected. Major findings were as follows: 1) The levels of after-tax income, income per person, expenditure, expenditure per person, asset, pure asset, and debt of single mother households were lower than their counter-parts. 2) All financial ratios showed that both financial security and financial growth of single mother households were lower than their counter-parts. Especially, 22% of single mother households had the lower level of income that the lowest cost of living.

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비영리 조직에 대한 정부재정지원에 영향을 미치는 요인 : 미국의 사례를 중심으로 (Financial Supports of Government for Nonprofit Social Service Organizations in the United States)

  • 노연희
    • 한국사회복지학
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    • 제49권
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    • pp.129-161
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    • 2002
  • This study explores whether there are differences in financial structure and governmental support between social service organizations and other nonprofit organizations. In addition, it analyzes what factors are related to governmental supports for both types of nonprofit organizations. Guided by the argument that specific areas where nonprofits primarily operate can explain a difference of relations between nonprofit organizations and funders, this study compares revenue sources and expenditures of social service organizations and other nonprofit organizations in the United States. Also, based on resource dependence theory and taking some important indexes from financial ratio analysis, this study also identifies factors that affect governmental supports for nonprofit organizations. The study sample consists of 10,690 organizations that reported tax form 990 in 1996. Binary logistic regression analysis was conducted for the study. The results show that social service organizations obtained more revenue from government than other nonprofit organizations. Also, logistic regression analysis suggests that revenue diversification and financial characteristics were significantly associated with governmental supports for nonprofit organizations in the United States.

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법정관리기업의 회계이익과 자기자본 장부가치에 대한 상대적 주가배수 분석 (Relative Pricing Multiple on Book Value of Equity and Earnings of Bankrupt Firms)

  • 신현대
    • 정보학연구
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    • 제8권3호
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    • pp.35-49
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    • 2005
  • This study examines that pricing multiple on and incremental explanatory power of equity book value(earnings) increase(decrease) as financial health decrease. Test using a sample of 75 bankrupt firms and test using a cross-sectional, pooled sample both yield inference consistent with predictions. It is thus hypothesized that the more bankrupt time we, the higher(lower) pricing multiple book value of equity(earnings) obtained. Findings are robust to inclusion of for debt/assets ratio, ROA, and ROIC. Overall, the results is the hypothesis.

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Auditor's Report and the Impact of Non-Audit Services, Audit Institutions

  • Mohammadi, Shaban;Dashtbayaz, Mahmoud Lari
    • 융합경영연구
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    • 제3권2호
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    • pp.1-8
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    • 2015
  • In this paper, the effects of auditor change on audit quality in companies accepted in Tehran stock exchange placed review and we assessed the presence or absence of a significant correlation between them. to assess the quality of data auditing and tax distortions, falsification of accounting estimates, distortion of rules, distortion caused by mistakes in applying accounting policies and other distortions are used as the dependent variable Is. the sample group consisted of 56 companies as experimental group and a control group of 56 other companies a 4-year period, during the years 2011 to 2014 were studied. data needed for research discovery success ratio distortion before and after the change of auditor. To test the research hypotheses paired comparison method is used.