• 기록학연구
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• 제48호
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• pp.45-92
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• 2016

기업은 자신들의 경제 환경 사회적 영향 및 성과에 대해 설명책임의 수단으로 '지속가능성보고서'를 발간하고 있다. 법적 규제인 재무 공시와는 달리 '지속가능성' 보고는 비재무적 요소에 대한 기업들의 성과를 보고하는 것이기에 이에 대한 신뢰성은 기업에 의존할 수밖에 없다. 그러나 현재 발간되는 지속가능성보고서는 지표 데이터에 대한 증거나 출처를 포함할 수 없는 유형으로, 기업의 홍보 수단으로 여겨지는 경향이 있으며 신뢰성에 대한 의혹이 여러 차례 제기되고 있다. 이에 따라 본 연구에서는 업무에 대한 내용과 맥락이 담긴 기록으로 기업의 설명책임을 입증할 수 있도록 증거기반 설명책임에 대한 개념을 적용해 보았다. 증거기반 설명책임이란 행위에 대한 증거 기록을 생산 및 축적하고 이용가능한 정보로 관리하여 설명책임으로 활용하는 것이다. 국내 기업에서 발간한 지속가능성보고서의 지표데이터 유형과 영국 보다폰의 웹 기반 보고서 사례를 살펴보고, 업무 기록을 지표 데이터의 증거로 연결할 방안에 대해 연구해보았다. 이를 위해 필요한 기록을 증거로 확보할 수 있도록 기록의 생산체계를 재설계하였다. 업무 중 생산된 기록을 SR(Social Responsibility)설명책임정보로 취합 및 관리하고 이해관계자에게 제공할 수 있는 SR시스템(Social Responsibility System)과 기록관리시스템(RMS)의 연계 구축을 제안하였다. 또한 조직체계 및 규정을 통해 기업의 전문적인 기록관리 체계를 단계적으로 구축하고 관련 업무 담당자와의 협업을 통해 기업의 신뢰성 있는 설명책임을 지원할 수 있는 인프라 구축을 이야기했다.

• 상하수도학회지
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• 제28권5호
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• pp.529-540
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• 2014

As sewerage systems have obsolete, as quality and service level standards increase, and as rain characteristics change, the sewerage utility authorities are challenged to develop cost recovery strategies that assure financial sustainability. In this study, we conducted scenario analysis to examine the effect of three alternatives of partial or full sewerage cost recovery in Seoul during 2014-30 periods. It turned out that the alternative 1 is optimal and recommended. According to alternative 1, we had better increase annually sewerage fee by 14.8% until 2020 and thereafter apply only the inflation rate in setting sewerage fee. It would gradually decrease the deficit after 2019. The accumulated deficit of 13 billion Won in 2030 was estimated. We expect that this kind of analysis may provide useful informations to help sewage utility staffs, decision makers, and regulatory authorities understand, develop and implement ultimate full cost recovery strategy for many municipalities.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.251-265
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• 2021

It seems a common sense that corporate social responsibility (CSR) is a key driver to attain business sustainability. Nevertheless, there has been little research on the performance of socially responsible activities, including economic and environmental responsibility activities in internationally diversified firms. The purpose of this study was to evaluate the effects of CSR activities on management performance. For this evaluation, an empirical analysis was conducted with a total of 2,520 cases, selected from companies listed on the Korea Composite Stock Price Index market for six years from 2013 to 2018. As proxies for management performance, financial date such as a total asset net profit ratio and a total asset-operating ratio were used. A multivariate regression analysis was conducted to test hypotheses. The results of this analysis indicated that firms in the CSR outstanding group are significantly higher than other groups in management performances. In addition, CSR activities of internationally diversified firms positively influence their total asset net profit ratio and total asset-operating ratio. The results suggested that CSR activities of these firms can play a significant role in enhancing management performances amid the economic status of Korea, where a degree of export dependency is high.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.539-549
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• 2021

This study aims to examine the relationship between corporate social responsibility (CSR) expenditures and both financial and non-financial performance of Jordanian commercial banks during the period 2008-2018. To measure the variables of interest, secondary data published on Amman Stock Exchange (ASE) website were processed to become preliminary data suitable for the nature of the study. The study sample amounted to 13 commercial banks, which represent all Jordanian commercial banks listed on ASE.. The study found that there is a positive, statistically significant relationship between CSR expenditures and financial performance, as the study showed that the return on equity (ROE) has a positive and significant relationship with CSR expenditure, while the return on assets (ROA) and Tobin's Q model have a statistically significant negative relationship with CSR expenditure, while the market stock price (MSP) had a positive, but not statistically significant. The study also found that there is a positive, statistically significant relationship between CSR expenditures and non-financial performance, which was represented by total deposits and total training expenditures in Jordanian commercial banks. Accordingly, the study recommends encouraging banks to prepare sustainability reports and CSR reports, which are considered comprehensive, and not only with disclosures within the annual reports.

• 디지털융복합연구
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• 제19권9호
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• pp.135-144
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• 2021

코로나 19 사태로 인하여 자영업자 몰락과 일자리 감소 등 사회적, 경제적 양극화 현상이 사회문제화 되고 있는 바, 다양한 사업 분야에서 취약계층에 대한 사회서비스 제공 및 일자리 창출이라는 사회적기업의 역할은 매우 중요하다 할 것이다. 사회적기업은 경제적 가치 창출과 사회적 가치 창출이라는 하이브리드 특성으로 인하여 지속가능성에 어려움을 호소하고 있다. 지속가능성을 위하여 사회적기업의 사업분야와 매칭되는 전문인력 지원이 절실히 요구 되지만 부족한 예산으로 전문인력 지원은 매우 부족한 실정이다. 본 연구는 전문인력의 전문분야가 사회적기업의 지속가능성에 어떠한 영향을 미치는가에 대하여 사회적기업 특성을 매개로 연구한바, 전문인력은 기업의 주사업분야 확장과 지속가능성에 영향을 미치는 것으로 나타났다. 이상의 연구 결과에 근거하여 사회적기업 재정지원사업의 실무적 시사점을 제시하였다.

• The Journal of Asian Finance, Economics and Business
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• 제4권1호
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• pp.5-18
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• 2017

Total debt in the People's Republic of China surged to nearly 290% as a ratio to GDP by the second quarter of 2016, mostly on account of non-financial corporate debt. The outpouring of credit to stem the impact of the global financial crisis accentuated industrial overcapacity in traditional sectors, such as steel, cement, and energy, while feeding asset bubbles in the property, equity and bond markets. At the Chinese corporate level, this has translated into weakened fundamentals and a fall in industrial profits, particularly of SOEs. As debtors struggle to service interest payments, non-performing loans (NPLs) have been on the rise. This paper assesses the financial fragility of the Chinese economy by looking at risk factors in the non-financial sector. We apply quantile regressions to a dataset containing all Chinese listed companies in Standard & Poor's IQ Capital database. We find higher sensitivity over time of corporate leverage to some of its key determinants, particularly for firms at the upper margin of the distribution. In particular, profitability increasingly acts as a curb on corporate leverage. At a time of falling profitability across the Chinese non-financial corporate sector, this eases the brake on leverage and may contribute to its continuing increase.

• 한국경영공학회지
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• 제23권4호
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• pp.143-158
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• 2018

It is also difficult for SMEs to pursue their own innovation activities due to their limited resources and capabilities. There are various government support policies for small and medium enterprises to enhance the competitiveness of the nation by improving sustainability management based on productivity improvement of SMEs. The purpose of this study is to investigate the factors that are important for the external support by the government and the related organizations in the machinery industry participating in the industrial innovation movement and identify the appropriate measures within and outside the organization. The results of this study are as follows: First, the higher the innovation commitment quality of the SMEs in the machinery industry, the more positive the non - financial performance. Second, the higher the quality of support from the headquarter, which has comprehensive responsibility for external support, the more positive the non - financial performance of participating companies. Third, it was concluded that the role quality of the consultant did not significantly affect the non - financial performance of participating companies in the machinery industry. Fourth, as the financial performance of the firm is better, the financial performance is also positively improved.

• Nuclear Engineering and Technology
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• 제54권9호
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• pp.3299-3309
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• 2022

Nuclear energy has the potential to play an influential role in energy transition efforts than is now anticipated by many countries. Realizing sustainable human development and reducing global climate crises will become more difficult without significantly increasing nuclear power. This paper aims to probe the role of nuclear energy, external debt, and financial globalization in sustaining human development and environmental conditions simultaneously in BRICS (Brazil, Russia, India, China, and South Africa) countries. This study applied a battery of second-generation estimation approaches over the period from 1990 to 2019. These methods are useful and robust to cross-countries dependencies, slope heterogeneity, parameters endogeneity, and serial correlation that are ignored in conventional approaches to generate more comprehensive and reliable estimates. The empirical findings indicate that nuclear energy and financial globalization contribute to human development, whereas external debt inhibits it. Similarly, financial globalization accelerates ecological deterioration, but nuclear energy and external debt promote environmental sustainability. Moreover, the study reveals bidirectional feedback causalities between human development, carbon emissions and nuclear energy consumption. The study offers useful policy guidance on accomplishing sustainable and inclusive development in BRICS countries.

• 가족자원경영과 정책
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• 제16권4호
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• pp.45-68
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• 2012

This study performed an analysis to determine if an individual can maintain the current consumption, in the case of a single retired elderly person's household using the accumulated assets. Assets are divided into three types, based on the behavioral economics life cycle hypothesis : financial assets, real assets excepting residential assets, and residential assets, and it is assumed that these assets were used on a step-by-step basis. Also, if the assets were sufficient, the maximum withdrawal amount was calculated. The results of the analysis are as follows. First, the monetary assets were sufficient to cover the cost of living for 2.7 years, 6.4 years by using the real assets of the non-occupied housing, and 26.3 years in the case of residential property. Second, in the case of preferentially using the financial assets, 4.4% of the sample households were able to cover the cost of living. Households that were not able to cover the cost of living used the next-stage assets, real assets of the non-occupied housing. Households that were not able to cover the cost of living by financial assets liquidated the real assets with the exception of residential assets and used these to cover the cost of living. A total of 4.8% of the households were able to maintain the current cost of living through the second stage and 25.5% supplemented their funds by using residential assets. That is to say, 35% of the sample households were able to maintain the current level of living by using their assets.

• 대한토목학회논문집
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• 제38권3호
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• pp.417-428
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• 2018

본 연구의 목적은 상하수도 시설을 중심으로 한 물 인프라의 지속가능성을 평가하는 지수들을 활용하여 경제, 사회, 환경적 측면에서의 지속가능성을 평가하고 지속가능성 확보 필요성을 제고하기 위함이다. 경제, 사회, 환경적 지수 중 중요하게 고려해야할 세부지수들을 파악하고, 전국 지자체를 유형화하여 집단 간 특성을 비교분석하였다. 세부 지수의 가중치 산출은 주성분 분석을 활용하였으며, 지자체를 유형화하는 과정에는 K-평균 군집분석을 시행하였다. 가중치 분석 결과, 전체 12개의 지수 중 재정자립도, 자본수입비율, 보조금비율, 서비스보급률, 노후화율, 수생태건강성, 하천수질이 지속가능성을 평가하기 위한 주요한 변수로 분석되었으며, 특히, 경제부문 지수의 영향력이 가장 높은 것으로 나타났다. 다음으로는 군집분석 결과를 통해 지자체를 크게 두 가지 유형으로 분류하였고, 각 유형 별 특징을 살펴보았다. 먼저 경제부문의 지속가능성이 우수한 집단에서는 환경부문에 대한 개선이 필요한 것으로 나타났지만, 대체로 지속가능성 상태가 우수한 것으로 나타났다. 환경부문이 우수한 집단에서는 지속가능성 상태가 열악한 지자체가 많이 포함되어 있으며, 특히, 경제부문 상태를 향상시키기 위한 집중적인 노력이 필요한 것으로 보인다.