• Title/Summary/Keyword: Vulnerable Companies

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Strategies to Expand SMEs ESG Management through Domestic and Foreign ESG Cases (국내외 ESG 사례를 통해 본 중소기업 ESG 경영 활성화 방안)

  • Lim, Hyung-Chul;Jung, Moo-sup
    • Asia-Pacific Journal of Business
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    • v.12 no.4
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    • pp.179-192
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    • 2021
  • Purpose - This study is aim to stimulate ESG management of SMEs in Korea with SWOT analysis. Presently, ESG is also affecting a company's supply chain and sales. We tried to make the complementary point of Korea SMEs through domestic and foreign cases. Design/methodology/approach - We divide foreign cases into three countries, and in Korea, also divide into three groups of government, major companies, SMEs to conduct SWOT analysis. Findings - We confirmed that ESG activities were delayed in Korea compared to overseas, but the government and major companies were responding quickly. However, SMEs are complaining of difficulties in ESG activities due to cost issues and limited information. Nevertheless, some SMEs companies show the possibility by carrying out ESG activities based on their own strengths. Research implications or Originality - We suggested the need for SMEs' ESG management. The SMEs are inevitably vulnerable to ESG management compared to other groups. Therefore, We suggested the direction of SMEs ESG management expansion, that are R&D and distribution of eco-friendly activities through collaboration with universities(E), social program to improve working places(S), and expansion of governance that guarantees autonomy(G).

The Deduction of the Success Factor in Construction Projects by Design Build Methods (디자인 빌드(Design Build) 방식 건설 프로젝트의 성공요인 분석에 관한 연구 - 중.소규모 건설 프로젝트를 중심으로)

  • Lee, Chi-Joo;Kim, Sang-Ki;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.182-190
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    • 2007
  • The minor construction companies in Korea have grown in focusing on the construction operation field. Also, soft field is vulnerable area, and there are not enough delivery systems, therefore, a capacity of the construction industry expansion and productivity is insufficient. Furthermore, the minor construction companies are losing their areas, because the major construction companies having numerous know-how and ample funds are competitive. As the construction industry are more larger and complicated, the design build methods might be increased in the construction industry and the minor construction companies could have more competitive. Hence, this paper analyzes the success factor in minor construction projects by design build methods focusing on instance $company^{\circ}{\phi}s$ case and survey, and critical success factor deduction and importance degree analysis of this factor using AHP analysis. In addition, this paper gives fundamental data how to manage the construction project effectively for minor construction $companies^{\circ}{\phi}s$ expansion in near future.

A study on business effectiveness and orientation of Jahwal companies (자활기업의 사업효과성 및 지향성에 관한 연구)

  • Kim, Jae Ho
    • The Journal of the Convergence on Culture Technology
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    • v.6 no.4
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    • pp.187-193
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    • 2020
  • This study is on the business effectiveness and orientation of 45 Jahwal companies in Chungnam and Sejong Province. A survey was conducted on representatives of Jahwal companies in Chungnam and sejong area to analyze their effectiveness and orientation. Business effectiveness was analyzed through employment effectiveness. And orientation has derived the success factors of the enterprise based on the current management situation. The key factors to be finally oriented were analyzed Based on the results of this study, the effectiveness of the business through the employment effect was positively assessed. In particular, it was able to infer the dehydration effect of the vulnerable. Market creation and securing funds are the most important factors behind the success of jahwal companies. Key management factors that are oriented toward sustainability have been shown to be profit-making and job creation. It was analyzed that jahwal companies are pursuing social purposes.

A Study about Internal Control Deficient Company Forecasting and Characteristics - Based on listed and unlisted companies - (내부통제 취약기업 예측과 특성에 관한 연구 - 상장기업군과 비상장기업군 중심으로 -)

  • Yoo, Kil-Hyun;Kim, Dae-Lyong
    • Journal of Digital Convergence
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    • v.15 no.2
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    • pp.121-133
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    • 2017
  • The propose of study is to examine the characteristics of companies with high possibility to form an internal control weakness using forecasting model. This study use the actual listed/unlisted companies' data from K_financial institution. The first conclusion is that discriminant model is more valid than logit model to predict internal control weak companies. A discriminant model for predicting the vulnerability of internal control has high classification accuracy and has low the Type II error that is incorrectly classifying vulnerable companies to normal companies. The second conclusion is that the characteristic of weak internal control companies have a low credit rating, low asset soundness assessment, high delinquency rates, lower operating cash flow, high debt ratios, and minus operating profit to the net sales ratio. As not only a case of listed companies but unlisted companies which did not occur in previous studies are extended in this study, research results including the forecasting model can be used as a predictive tool of financial institutions predicting companies with high potential internal control weakness to prevent asset losses.

Development of Accident Density Model in Korea (국내 교통사고 밀도 모형 개발)

  • Park, Na Young;Kim, Tae Yang;Park, Byung Ho
    • Journal of the Korean Society of Safety
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    • v.32 no.3
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    • pp.130-135
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    • 2017
  • This study deal with the traffic accident. The purpose of this study is to develop the accident density models reflecting the transportation and socioeconomic characteristics based on 230 zones of Korea. In this study, The models which are tested to be statistically significant are developed through multiple linear regression analysis. The main research results are as follows. First, in the transportation-based model, road length, avenue ratio, number of intersections and tunnels are analyzed to be positive to the model, however, school zone is analyzed to be negative to the model. Second, in the socioeconomic-based model, population density, transportation vulnerable ratio, children and truck ratio are analyzed to be positive to the model. Finally, in the integrated models, road ratio, population density, transportation vulnerable ratio, children ratio, truck ratio and number of companies are analyzed to be positive, however, school zone is analyzed to be negative to the model. This results could be expected to give good implications to accident-reduction policy-making.

A study about the influence to the client system when using PKI-based authentication system (공개키 기반 인증체계의 사용이 클라이언트 시스템에 미치는 영향에 관한 연구)

  • Jeon, Jeong-Hoon
    • Journal of the Korea Society of Computer and Information
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    • v.17 no.12
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    • pp.159-167
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    • 2012
  • The authentication system of the PKI(public key infrastructure) provides the authenticity and security, accessibility, economic feasibility, and convenience to the service provider and users. Therefore the public and private companies in Korea widely use it as the authentication method of the web service. However, the safety client system is threatened by many vulnerable factors which possibly caused when using PKI-based authentication system. Thus, in this article vulnerable factors caused by using the PKI-based authentication system will be analyzed, which is expected to be the useful data afterwards for the construction of the new authentication system as well as performance improvement.

An Empirical Analysis about the usefulness of Internal Control Information on Corporate Soundness Assessment (기업건전성평가에 미치는 내부통제정보의 유용성에 관한 실증분석 연구)

  • Yoo, Kil-Hyun;Kim, Dae-Lyong
    • Journal of Digital Convergence
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    • v.14 no.8
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    • pp.163-175
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    • 2016
  • The purpose of this study is to provide an efficient internal control system formation incentives for company and to confirm empirically usefulness of the internal accounting control system for financial institutions by analyzing whether the internal control vulnerabilities of companies related significantly to the classification and assessment of soundness of financial institutions. Empirical analysis covered KOSPI, KOSDAQ listed companies and unlisted companies with more than 100 billion won of assets which have trading performance with "K" financial institution from 2008 until 2013. Whereas non-internal control vulnerability reporting companies by the internal control of financial reporting received average credit rating of BBB on average, reporting companies received CCC rating. And statistically significantly, non-reporting companies are classified as "normal" and reporting companies are classified as "precautionary loan" when it comes to asset quality classification rating. Therefore, reported information of internal control vulnerability reduced the credibility of the financial data, which causes low credit ratings for companies and suggests financial institutions save additional allowance for asset insolvency prevention and require high interest rates. It is a major contribution of this study that vulnerability reporting of internal control in accordance with the internal control of financial reporting can be used as information significant for the evaluation of financial institutions on corporate soundness.

Strategies of Local Terrestrial Broadcasting Companies since the Introduction of Comprehensive Programming Channels (종합편성채널 도입에 따른 지역 지상파방송 대응 전략)

  • Jeong, Jong-Geon
    • The Journal of the Korea Contents Association
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    • v.11 no.7
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    • pp.192-209
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    • 2011
  • This study looked into coping strategies of local terrestrial broadcasting companies in the media market, since the introduction of comprehensive programming channels was confirmed. Local terrestrial broadcasting companies vulnerable to market competitiveness are driven more out to the difficulty of survival in a limited advertising market with the advent of comprehensive programming channel. and Local terrestrial broadcasting receive discriminative application than comprehensive programming channel. They have reverse discrimination in must-carry, broadcasting area, programming regulation, advertisement regulation, broadcasting development fund. Hence, Local terrestrial broadcasting needs diverse countermeasures at difficult media circumstances. Above all, Competitive content reinforcement is desperately needed. That's why content distribution structure needs diversification. And, It is necessary for local terrestrial broadcasting companies to diversify the content distribution system. As a way to expand distribution structure of local broadcasting, the introduction of local programming regulations for total amount will be highlighted in the nationwide network program. The mandatory policy that programs produced by local terrestrial broadcasting companies will be broadcast regularly in prime time through a nationwide network is an example. In addition to developing high content independently, 2nd Multiple channels of distribution is needed. It has to be supplied to various platforms including local broadcasting, SO and etc. In addition, it is necessary to activate regional co-production program between local terrestrial broadcasting companies and regions. Time rate between central stations and local terrestrial broadcasting companies must be distributed practically. And also, local terrestrial broadcasting companies in addition to ad revenue model to themselves and their own businesses by expanding the sponsorship to strengthen the competitiveness will have to nurture self-sustaining. Moreover they must have enlarge economy of scale through widen of broadcasting area.

Implementation of commercial digital Forensic Marking systems (디지털 추적표시(For ensic Marking) 시스템 개발)

  • Kim, Jong-An;Kim, Jin-Han;Kim, Jong-Heum
    • 한국정보통신설비학회:학술대회논문집
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    • 2007.08a
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    • pp.142-146
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    • 2007
  • Digital Rights Management (DRM) technology has been widely used for protecting the digital contents over the recent years. But the digital contents protected by DRM are vulnerable to various video memory capture programs when DRM packaged contents are decrypted on the consumers' multimedia devices. To make up for this kind of DRM security holes the Forensic Marking (FM) technology is being deployed into the content protection area. Most leading DRM companies as well as big electronics companies like Thomson and Philips already have commercial FM solutions. Forensic Marking technology uses the digital watermarking to insert the user information such as user id, content playing time and etc. into the decrypted and decoded content at the playback time on the consumer devices. When the content containing watermarked user information (Forensic Mark) is illegally captured and distributed over the Internet, the FM detection system takes out the inserted FM from the illegal contents and informs contents service providers of the illegal hacker's information. In this paper the requirements and test conditions are discussed for the commercial Forensic Marking systems.

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Implication of Industrial Security Capacity Based on Level Evaluation (산업보안 역량 수준평가 및 개선방안)

  • Kim, Moon Sun;Jeoune, Dae-Seong;Nam, Kyung H.;Kim, Gyu-Ro;Han, Chan-Myeong
    • Journal of Korean Society for Quality Management
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    • v.41 no.4
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    • pp.649-657
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    • 2013
  • Purpose: In this study, the actual situation of domestic firms vulnerable to industrial security competence will be discussed. And accordingly be discussed for effective response measures. Methods: Using a structured questionnaire by mail, fax, e-mail and fill method was used respondents. By the end of '10 R&D Center, which holds 15,247 companies(population) among the 95% level of confidence, tolerance ${\pm}3%$ p-level corporate type, sector, region extraction method stratified multi-level companies were investigated through the final 1529. Results: The average level of industrial security capabilities 43.8%(out of 100) is very weak, so urgent and positive response measures also need to be investigated sought. Conclusion: we propose the effective management framework and improvement plans to prevent illegal industrial leakage are to be made.