• Title/Summary/Keyword: construction company

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The Current Situation of Intangible Asset of Korea Construction Companies - Using Market Capitalization Method(MCM) - (자본시장 프리미엄 방식(MCM)에 의한 국내 건설기업의 무형자산 현황에 관한 연구)

  • Lee Tai Sik;Kim Min kyu
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.321-326
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    • 2001
  • Current situations, such as IMF crisis, WTO agreement and decrease of construction market, demand changes to construction companies. To meet the situation, they focus on the value of the intangible assets to improve their competitive power. In Korea, Various institutes estimate the construction company in accordance with their Purposes. But their estimating method has limitations to know the potential value of the company because they don't much concentrate on characteristics of construction industry and intangible assets. This study was peformed to introduce the methodology of estimating intangible assets of company and to show the state of intangible asset of major construction companies in Korea. Market Capitalization Method(MCM) was used to calculate intangible assets and all data are based on Annual Business Report.

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Research about Competitive Power High Position of Food-Service Industry - Laying Stress on Eating Out Company Interior Factor - (외식기업의 경쟁력 강화 요인에 관한 연구 - 외식기업 내부요인을 중심으로 -)

  • 유택용;박면애
    • Culinary science and hospitality research
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    • v.10 no.3
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    • pp.83-96
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    • 2004
  • According to construction of global administration environment, all over the world was ended up in infinite competition period. Because eating out company also competes with another company, it must enjoy competitive power high position to secure high position continuously, classified by formation constituent's individuation and two aspects of organic special quality by the factor. Individuation classified by formation constituent's business ability, personal relations, age factors of Information Technology, and organic special quality classifies by factor of formation culture and result that analyze eating out company's business condition competitive power reinforcement effect factor is same as following. First, was construed by company culture, personal relations, business ability period of ten days with family Restaurant, and Information Technology showed that do not influence. Competitive power reinforcement effect factor with special restaurant was construed by company culture, personal relations, business ability period of ten days, and fast food company culture and Information Technology factor with hotel restaurant company culture by competitive power reinforcement effect factor construe.

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A Study on the Risk Management Strategy of the Large Scale Construction Company According to the Change of Real Estate Market (부동산시장 변화에 따른 대형건설사 리스크관리 방안에 관한 연구)

  • Lee, Yun-Hong;Ji, Kyu-Hyun
    • Land and Housing Review
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    • v.9 no.1
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    • pp.1-9
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    • 2018
  • As the government announced Real Estate Policies on August 02, most areas except for Seoul cities face increasing business risks. Moreover, the government control over financial sectors' loan leads to the highly possible contraction of new distribution markets. The market trend could bring about the reduction of new demand in PF (Private Financing) business that large construction companies mainly concentrate on, and even the business already obtained has a high risk of being distributed, which could result in substantially low profitability. The currently unstable financial structure of most construction companies is caused by the hike of the prime cost of foreign plants except for that of a few construction companies. If PF (Private Financing) business also faces a difficult situation in such a financial condition, even large construction companies come to have the high possibility of a deficiency in credit rating. Accordingly, the major business that large construction companies concentrate on needs the sufficient business review. It is desirable to make a bid for business guaranteeing stability rather than business solely in consideration of profitability, when participating in a competition for a new construction contract.

Comparison of ESCO and Greenremodeling (ESCO사업과 그린리모델링 사업의 특성 비교)

  • Yeo, Chang-Jae;Yu, Jung-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.11a
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    • pp.123-124
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    • 2014
  • Ministry of Land, Infrastructure and Transport try to run the Greenremodeling business to reduce greenhouse gas emissions and energy use. But the role of the Greenremodeling company were undecided yet. In this study, we established the role of the Greenremodeling company and legal basis for perform the Greenremodeling to analyze the ESCO.

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PDM Construction Instance For Automotive Company -Samlip Ind. PDM (자동차 부품 업체 PDM 구축 사례 -(주)삼립산업 PDM)

  • 사공극;함현욱
    • CDE review
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    • v.9 no.3
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    • pp.31-35
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    • 2003
  • Product Data Management(PDM) is a tool that helps engineers and others manage both data and the product development process. Now a day, automotive industry is interested in PDM for their product's quality and cost. In this study, we introduce about samlip PDM construction instance. This case explains the demanded function of PDM and the detail implementation methodology for automotive company.

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A study and perceptions of domestic construction companies about the government procurement agreement on the US & Korea FTA (한.미 FTA 정부조달 협정에 대한 국내 건설업체의 인식에 관한 연구)

  • Sung, Joo-Ho;Lee, Jin-Kuk;Kang, Jung-Chul
    • Journal of the Korean Data and Information Science Society
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    • v.20 no.6
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    • pp.1029-1048
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    • 2009
  • The purpose of this study is to diagnose the level of perception of domestic construction companies about the US & Korea FTA completed in 2007. According to the survey results, the more innovative the construction company is and the stronger ownership the construction company has, the more actively preparing for FTA. Altogether, our construction companies have well recognised the inevitable impacts on the domestic construction industry. On the other hand, most of them are more or less negative about whether or not the FTA gives us a good chance to switch from domestic companies into global companies.

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Comparative Analysis of Default Risk of Construction Company during Macroeconomic Fluctuations (거시경제변동 전후 건설기업의 부실화 비교분석 - IMF 외환위기 및 서브프라임 금융위기 전후를 중심으로 -)

  • Choi, Jae-Kyu;Yoo, Seung-Kyu;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.4
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    • pp.60-68
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    • 2012
  • The past IMF foreign exchange crisis and subprime financial crisis had a big influence on variability of macroeconomics, even if the origin of its occurrence might be different. This not only had a significant infrequence on the overall industries, but also produced many insolvent companies by being closely linked with a management environment of an individual construction company leading the construction industry. Actually, the level of default risk of construction companies before and after fluctuation of macroeconomics gets to experience a rapid changing process, and a difference in reaction against shock exists according to each company. Accordingly, the purpose of this paper is to confirm the fluctuation process of the default risk of construction companies under the fluctuation of macroeconomics such as the IMF financial crisis and the subprime mortgage crisis. As an analysis result, it is judged that the subprime financial crisis gave bigger shock to construction companies than the foreign exchange crisis, and it is expected that this would have a relation with the construction market before shock of macroeconomics. In addition, it was analyzed that when comparing insolvent companies with normal companies, the recovery speed of normal companies is faster. It is judged that this was affected by a difference of internal business capacity between insolvent companies and normal companies.

A Strategy of Information Management System for Construction Company (건설산업의 효율적 정보관리체계 구축전략)

  • Lee Tai Sik;Kim Yong Chan
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.458-461
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    • 2001
  • The whole of industry sectors are getting achieved BPR(Business process Reencountering) which innovate the inefficient product organization through examined the value chain. Besides, they try to integrate ERP, CRM, and SCM which is based on value chain. Construction Industry, however, not only is not regularized it but is not inadequacy about information mind. Nowadays Korean government lead the construction CALS, only some large company Innovate and restructure the organization and product structure. It Is necessary to efficient manage the project information and historical data and develop CIC/PMIS to transfer from the function based information-flow to the project based information-flow. The purpose of the Information management system's success In Korea, therefore, this paper analyzes the information-intensive problems and proves the device to achieve the Information Management System through the Standardization, Synchronization, Centralization for Construction Company.

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A Comparative Study of the Productivity through the Cost of the Precast Span Method(PSM) and Movable Scaffolding System(MSS) -By the Central Example of Company H on the Korea Train Express (KTX) (공사비 비교를 통한 Precast Span Method(PSM) 공법과 Movable Scaffolding System(MSS) 공법의 생산성 연구 -경부고속철도 H사의 사례를 중심으로)

  • Lee Tai Sik;Lee Sung Hyun;Kim Gil Hong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.535-540
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    • 2001
  • In the early construction phase of the Korea Train Express (KTX), the Movable Scaffolding System (MSS) for the top structure of the bridge was the predominant construction method. But the method had to be changed due to arising problems and an alternative method had to be found. Company H that participated in Korea Train Express construction project achieved excellent results of performance through the introduction of the Precast Span Method (PSM), which has been previously successfully employed in foreign express train projects. This study intends to verify the superior performance of PSM over MSS in the KTX construction process by conducting a comparative analysis on PMS and MSS based on the field experience of company H. This study will not only help to understand PSM, which is expected to expand its future scope of application, but also contribute to solve the problems of PSM that occurred during the construction phase.

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Correlationship with Selecting Business Process and Strategy for BPM of Construction Company (건설기업의 BPM도입 대상 업무선정과 기업전략의 상관성)

  • Cho, Hang-Min;Song, Young-Woong;Lim, Hyung-Chul;Choi, Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.6
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    • pp.28-39
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    • 2009
  • Recently, it has been an issue on BPM(Business Process Management, below BPM), which is a sort of business management methods that secures agility and flexibility through sustainable improving and monitoring in a rapid-changing environment. To introduce BPM to construction company we need to set up a procedure for objective, define criteria according to the business structure defined by BPA(Business Process Architecture, below BPA) and analyze works and then select targets. Those BPM target works need to have a close relationship with corporate strategy and to support realizing corporate value. Therefore, this paper will study BPM Target works of construction companies for an effective introduction BPM through questioning from working-level staff. In addition, it will analyze their types and corporate core strategy and BPM target works, then study the main strategy according to BPM target types. And also, this study is expected to help construction companies to choose the business for BPM adoption through analyzing current situation and strategy for business selection when adopting BPM.