• Title/Summary/Keyword: assets operation

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Some Consideration on Assets Operation in Transport Enterprises of China Railways

  • Shen Junzuo
    • Proceedings of the KOR-KST Conference
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    • 1998.09a
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    • pp.198-203
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    • 1998
  • Through an analyses of the necessity and the practical meaning of the assets operation in railway transport enterprises, the authors argue that a railway transport enterprise shall lay equal stress on assets operation and production management, and suggest to take concrete steps on the basis of the aforesaid management strategy.

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Investment Decision-making Behaviors and Profitability of the Hospital (병원의 투자결정행태와 수익성)

  • Lee, Chang-Eun;Hwang, In-Kyoung;Chung, Young-Il;Jung, Key-Sun
    • Korea Journal of Hospital Management
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    • v.5 no.1
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    • pp.156-175
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    • 2000
  • This study was designed to find out the relations between the major investment decision-making behaviors and profitability of the hospital. A total of 57 hospitals were analyzed on this study. The major findings were as follows; 1. Among the types of the investment decision-making, major factors affecting the profitability were where the top management belongs among the defender, analyzer, prospector, and reactor type. Other factors were whether or not hospital analyzes which is more economical between the purchase by cash and lease of the medical equipment and whether or not hospital changes the decision before the actual investment. 2, Among the types of the investment decision-making, major factors affecting the financial structure and efficient operation of the assets were ranking of the priority and whether or not hospitals can get enough revenue and cash flow when hospitals have to borrow a big amount of fund from outside. 3. Among the financial indices regarding the financial stability, major factor affecting the profitability was fixed assets to long-tenn capital. Other factors affecting the financial structure and efficient operation of the assets were value added to medical equipment, normal profit to medical equipment, liability to total assets, current ratio, value added to payroll expenses. 4. Investment decision-making behaviors are partially influencing on the financial structure and efficient operation of the assets. However it was proved that the profitability was the most influencial factor than other factors related with the operation of the hospital. 5. To improve the irrational investment decision-making behaviors strategic management system should be introduced, and the top mamagement's investment decision-making style should be changed from reactor and analyser styles to prospector and reactor ones.

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The Factors affecting the Level of Fixed Assets Management in General Hospitals (종합병원 자산관리 정도 및 요인 분석)

  • Seo, Young-Geun;Yu, Seung-Hum;Lee, Hae-Jong;Park, Eun-Cheol
    • Korea Journal of Hospital Management
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    • v.1 no.1
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    • pp.21-36
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    • 1996
  • The purpose of this study is to evaluate the level of fixed assets management of the factors affecting its management level. The surveyed data were gathered from 105 general hospitals among 263 general hospitals nationwide. The level of fixed assets management was measured by 11 dimensions of assets management. The results were as follows : 1. According to general characteristics of hospitals, the management level of public hospitals and corporatized hospitals was better than that of private hospitals. The management level was better as increasing beds. 2. In the structural characteristics of assets management, the management level of the hospitals which had the responsible person for assets management was better than that of the hospitals which had not. 3. In the operating characteristics of assets management, the hospitals that conducted education for the job had better level of assets management that did not it. The hospital that the discard of assets was decided by engineering department or management department were better in management level than the hospitals that it was decided by user department. The management level of hospitals which were computerized for assets management was better. 4. In the full model, the most factors affecting the level of assets management were the factors that were characterized by operation pattern of assets management, and the operating characteristics of assets management were explained to 23.1% of total 45.7%. Conclusively, the level of assets management was mostly affected by the operating characteristics of assets management which were education for the job, discard decision not by user department, computerization for assets management. Therefore, hospitals perform education of the job, discard decision by engineering or management department, and computerization for better level of fixed assets management

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Factors Affecting the Operating Performance of General Hospitals (종합병원 수익성에 미치는 영향요인 분석)

  • Kim, Ji-Hyoung;Ha, Ho-Wook;Lee, Hae-Jong;Sohn, Tae-Yong
    • Korea Journal of Hospital Management
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    • v.10 no.3
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    • pp.45-66
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    • 2005
  • The purpose of this study was to analyze related factors affecting profitability on general hospitals(300-499 beds). The data were derived from survey by the Korean Hospital Association on 33 hospitals during 10 years (from 1993 to 2002). Profitability was measured by 3 ratios - net profit to total assets, normal profit to total assets and operating margin to gross revenue - as dependent variables. Independent variables were classified by general factors (ownership, number of bed, period of establishment, region), financial factors (total asset turnover, current ratio, liabilities to total assets, personnel costs per operation profit, material costs per operation profits), productivity index(number of daily patient per nurse), the score of quality assurance activity and the time lag score. Multiple regression model was used in this study. First, Number of bed, region was not statistically significant for profitability. But ownership was affect positively to normal profit to total assets and operating margin to gross revenue. Private hospitals had higher profitability than that of public hospitals Second, the score of quality assurance activity was not statistically significant to profitability. Third, Those hospitals having more daily patient per nurse had significantly higher profitability than the others. Fourth, Those hospitals having higher proportion in total asset turnover had significantly higher profitability than other hospitals. But liabilities to total assets and liquidity ratio had no difference to the profitability. Those hospitals having higher proportion in personnel costs and material costs per operation profits had significantly lower hospital profitability than others.

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Study on the protection measures for space assets with the consideration of Chinese ASAT Test (중국 위성요격실험의 의의와 영향에 따른 우주자산 보호방안 연구)

  • Gong, Hyeon-C.;Song, Byung-C.;Seo, Yun-K.
    • Proceedings of the KSME Conference
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    • 2007.05a
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    • pp.479-484
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    • 2007
  • Recently China has carried out a successful anti-satellite missile test at more than 850km altitude January 11 destroying an aging Chinese weather satellite target with a kinetic kill vehicle launched on board a ballistic missile. Korea has developed scientific and commercial satellites and sounding rockets from 1990s. As the fear of the militarisation of space becomes the reality, we need to consider the safety of our space assets from the perspectives of design, operation, and policy. In this paper we study on the general meanings and impacts of Chinese anti-satellite missile test and the measure to protect our space assets from the points of the design, operation and policy.

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A Study on the Type classification of Urban Architectural Assets - Focused on the Modern Architecture in Daegu Seosungro - (도시건축자산의 유형분류에 대한 연구 -대구시 서성로의 근대건축물을 중심으로-)

  • Do, Hyun-Hak
    • Journal of the Korean Institute of Rural Architecture
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    • v.17 no.1
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    • pp.45-54
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    • 2015
  • This study is about the Type classification of architectural assets in Seosungro (one of the 4 Roads of Rampart in Junggu, Daegu), the main stronghold of Urban Regeneration projects according to the recent Urban Regeneration law. The purpose of this study is to suggest the basic data about Operation management method of Original Downtown modern buildings and valuable hanok, and Conservational Regeneration of Architectural property of Urban Environmental Improvement and Architectural assets. By researching, analysing the feature and classifying the type of the buildings in Seosungro, The type classified Conservation plan can be suggested. The Types of the Architectural assets will be the basic data of the application plan of modern buildings which is for the urban regeneration, and this can predict the quantity and the demand of the building for effective urban regeneration, and also can be an effective Urban regeneration policy data.

A Study on a Strategy for Reducing Operating Costs of u-City (u-City 운영비 절감방안에 관한 연구)

  • Park, Kwang-Ho;Kim, Yun-Hyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.1
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    • pp.24-32
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    • 2010
  • The first full-scale u-City operation has started in Dongtan u-City. As local cities take over and operates the u-City, unexpected issues arise such as securing the budget of operating costs and self-providing the costs with business models utilizing the u-City assets. The paper presents a strategy for solving these issues. The strategy provides a foundation(infrastructure) for long-term operation models which may reduce the long-term operation costs. In order to establish the economic operating framework of u-City, suggested are some cost-reduction models based on the operating costs structure. For each model, a base framework with comparative analysis of operating costs is provided. With these models, each u-City may select a relevant model according to the characteristics of it. We hope that the framework provides the foundation for efficient and sustainable u-City operations.

Construction of web-based IT Assets Management System (웹기반 IT 자산관리 시스템의 구축)

  • Kim, Jae-Saeng;Sin, Hoa-Seang
    • Journal of Digital Convergence
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    • v.10 no.8
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    • pp.193-200
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    • 2012
  • As IT is also recognized as assets, IT assets management system is trying to introduce for the management and operation in domestic enterprises and public institutions. The general assets management system was introduced in domestic companies, but because it managed mainly the only simple information about the assets, there were a lot of operational difficulties of the assets. In order to operate effectively the IT assets used in special business such as bank, prosecutors, railway, etc the classification system of IT assets based on the EA was needed first of all. Accordingly, in this paper, we classified IT assets systematically according to the EA meta model Application Guide V1.4 in consideration of the characteristics about the IT asset business for A public institution, and performed to improve the operating costs and efficiency by implementing a web-based IT assets management system for this public institution.

Study of Developing Allen's Collection Imperial Resources as Tourism (문화과학적 탐색을 통한 알렌컬렉션 황실문화재 관광자원 활성화방안)

  • Kyung-Yeo, Koo;Tae-Hong, Ahn
    • Asia-Pacific Journal of Business
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    • v.13 no.4
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    • pp.151-161
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    • 2022
  • Purpose - The purpose of this study is to redefine imperial cultural properties and pass on and provide the elegant value of imperial cultural properties with the Allen Collection's promotion to retrieve imperial cultural properties. Design/methodology/approach - This study was approached to deal with the essential interpretation of cultural improvement through discussion in the cultural science approach Findings - As a result of examining ways to revitalize tourism resources using Allen Collection, it is necessary to cultivate international manners and knowledge levels in strengthening imperial awareness through the establishment of imperial museums, enacting laws on standards for designation of imperial cultural assets, and promoting them. In addition, policy needs such as the development plan of the imperial cultural festival, re-establishment, application, reuse, re-establishment, and reproduction according to environmental changes, and technical support and monitoring systems for investigating and preserving imperial cultural assets are needed. Research implications or Originality - The study on the device imperial cultural assets as tour resources the cultural assets mate be not only preserved and inherited to the descendant but also useful in contemporary national emotion positively. for we could obtain wide national support and co-operation in the protection work of cultural assets. What makes our cultural assets leaved indifferent before destruction like this most of all, it is form indifference of the people, we must make an effort to meet with recognizing the value of useful cultural assets by mean of utilizing cultural assets as tour resources to inhibit more damage of destruction of cultural assets.

A Study on The Factors Affecting the Managerial Performance of Hospitals (병원경영의 수익성 결정요인에 관한 연구)

  • Chung Bhum-Suk
    • Management & Information Systems Review
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    • v.17
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    • pp.107-133
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    • 2005
  • The purpose of this study was to analyze a trend of profitability classified by characteristics of hospitals and to analyze related factors. The data for this study were derived from survey material conducted by the Korean Hospital Association on 33 hospitals in Korea between 1993 and 2002. Profitability was measured in the aspect of investment profit rate and operation profit rate with net profit to total assets, normal profit to total assets and operating margin to gross revenue as dependent variables. Independent variables were classified by general factors (ownership, number of beds, period of establishment, region), financial factors (total asset turnover, liabilities to total assets, current ratio, fixed ratio, inventories turnover, personnel costs per operation profit, material costs per operation profits), composition of manpower and facilities(personnel and area per beds), productivity index(the number of daily patients per medical doctor, the number of daily patients per nurse), the score of quality assurance activities. First, Concerning the specialists per beds or area per beds and profitability of hospitals there was not statistically significant. Second, Those hospitals having the most daily patients per nurse had significantly higher profitability than the others, but the number of daily patients per medical doctor had little effect on the profitability. Thirds, Those hospitals having a higher proportion total asset turnover tended to show significantly higher profitability compared to other hospitals, but the liabilities to total assets and liquidity ratio had a little difference to the profitability. Those hospitals having a higher proportion personnel costs per operation profit and material costs per operation profits tended to show significantly lower hospital profitability compared to other hospitals. Fourth, In regression analysis, hospital profitability had negative relationship with personnel costs per operation profit or material costs per operation profits. While it had positive relationship with total asset turnover, the number of daily patients per nurse. In conclusion, private hospitals had higher profitability than that of public hospitals. Though factors related to profitability of hospital were different according to ownership, it is important for securing appropriate profitability by operating appropriate number of nurse, raising total asset turnover, and reducing personnel costs, material costs per operation profits. This study can be used as a baseline data for planning of hospital management. But the study may be limited in that the results cannot be generalized due to its small sample size. However, this longitudinal observation of 33 hospitals over ten year period has significant merit alone.

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