• 제목/요약/키워드: funding system

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Factors Affecting Liquidity Risks of Joint Stock Commercial Banks in Vietnam

  • NGUYEN, Hoang Chung
    • The Journal of Asian Finance, Economics and Business
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    • 제9권4호
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    • pp.197-212
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    • 2022
  • The study uses the audited financial statements of 26 Vietnamese commercial banks listed on the Ho Chi Minh City Stock Exchange (HOSE) and Hanoi Stock Exchange (HOSE) during the 2008-2018 period to estimate the system GMM model, which provides empirical evidence on the effect of the variables of customer deposit to total assets (DEPO) ratio, loan to assets (LTA) ratio, liquidity of commercial banks (LIQ), credit development (CRD) ratio, external funding (EFD) ratio, and credit loss provision (LLP) ratio on liquidity risk. The study confirms that commercial banks' internal factors play the most important role, and there is no empirical evidence on macro variables that affect liquidity risk. Finally, in accordance with the theoretical framework, the study uses an estimation method with the R language and the bootstrap methodology to give empirical proof of the nonlinear correlation and U-shaped graph between commercial bank size and liquidity risk. The importance of commercial bank size in absorbing and moderating the effects of liquidity shocks is demonstrated, however, excessive growth in commercial bank size would increase liquidity risk in commercial bank operations.

성장사다리 관점에서의 우수제조혁신기업의 정부지원사업 효과성 분석 (Analysis of the Effectiveness of Government Support Project of Excellent Manufacturing Innovation Companies from the Perspective of Growth Ladder)

  • 정찬우;이해수;김병기;오명준
    • 산업경영시스템학회지
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    • 제46권spc호
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    • pp.19-30
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    • 2023
  • Recently, the government has provided support such as entering new markets, expanding sales channels, and supporting manpower, not just in the form of funding, to efficiently and effectively support limited national resources to improve corporate performance. In this study, we tried to find out the effect of government support for companies that have benefited from the Excellent Technology Research Center Project (ATC Project) and the World Class 300 project using propensity score matching. As a result of the analysis, the effect of government support for the ATC project became visible after the appointment period, while the effect of the World Class 300 project was insignificant. This means that when the size of the company is small, the effect of government support is more pronounced. This suggests that in order to maximize the effectiveness of government support, appropriate national policy interventions such as government innovation funding are needed when the size of the company is small. In this study, differences in the timing, performance indicators, and company size of policy support effects were found in the growth stage of a company from a mid- to long-term time series perspective, suggesting that support policies based on this need to be adjusted and redesigned.

Analysis of National Basic Research System: The Case of South Korea

  • Kwon, Ki-Seok;Park, So-Yeon;Jang, Duckhee
    • Asian Journal of Innovation and Policy
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    • 제6권2호
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    • pp.152-169
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    • 2017
  • In this paper, we analyze the basic research system in South Korea. We propose a national basic research system consisting of value, openness, input, transformation, and output. Based on this framework, we set up interview questionnaires, and 15 key informants have been interviewed. According to our results, first, in terms of value, basic research is recognized as an activity for creating knowledge in the understanding of nature. Second, as for openness, scientists and policy experts agree that active interaction with the global community is an important value for the national research system. Third, in terms of sustainable research resources, scientists are strongly required to effectively allocate research funding, maximizing the creativity of researchers and the efficient sharing of research equipment. Fourth, in transformation, basic researchers maintain that the Korean research system has is extremly dependent on the government's external control, and its self-regulative system has been weak for over half century onw. Fifth, for global competitiveness, the interviewees agreed that the quality of basic research in Korea is approaching that of its global competitors. Finally, we put forward some policy implications on the basis of these findings.

건강보험제도 정책수립과정의 재설계에 대한 모색 (Restructuring the Decision Making Process for the Korea National Health Insurance System)

  • 강민아;김태일;허순임
    • 보건행정학회지
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    • 제18권2호
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    • pp.107-129
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    • 2008
  • The purpose of this paper is to critically examine Korean government's efforts in policy making and implementation regarding the Korea National Health Insurance System in the past and suggest a new paradigm for future policy changes. The structural and political characteristics of the Korea National Health Insurance, where health care services are provided almost exclusively by the private providers and funding for health comes equally from public and private sources, imply persistent difficulties in the operation of the system This may partially explain why the Korean system has continually experienced conflicts among stakeholders whenever there was an attempt to change policy. In this paper, we discuss four cases to illustrate such difficulties and barriers. We propose that in order to address these challenges and reduce policy errors as well as unintended results, it is necessary to restructure policy making process from being oriented toward 'quantitative expansion' to 'qualitative maturity', from a 'linear thinking' to a 'system thinking', from taking a 'top-down' to a 'governance and participatory' decision making process.

Current State, Problems and Promotion of Coupang

  • Seo, Jung-Hwa;Kim, Se-Jin;Youn, Myoung-Kil
    • 융합경영연구
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    • 제6권1호
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    • pp.1-8
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    • 2018
  • Purpose - Local social commerce market has grown up remarkably. And, Coupang has shown new delivery strategy of rocket delivery. Making new paradigm at local market, Coupang has expanded market scale. This study investigated state of local social commerce market, weight and promotion strategy of Coupang market to find out competitiveness edge of Coupang. Research design, data, and methodology - The study investigated state and concept of social commerce to find out state, problems and competitiveness of social commerce. New distribution service was short of precedent studies. Statistical analysis and experimental analysis were not used, and interview was done to investigate three of social commerce businesses. Results - CRM construction is insufficient to have poor system, Local delivery system could not be made enough at overnight delivery and customers were dissatisfied with ties with another company. Promotion shall be done by delivery system for increase of profitability, funding for more investment, chatbot to build new customer control system, and new delivery system to produce profit. Conclusions - Coupang and others have grown up rapidly to worsen profit and to jeopardize survival. Excessive initial investment has threatened the businesses, for instance, low sales of Amazon, excessive expenses, bench marking of logistics system, and others.

대안적 방송제작시스템 연구 : 영국 채널4의 외주제작시스템을 중심으로 (The Study of the Aternative Boadcasting System: in the Case of the Channel 4 in Britain)

  • 은혜정
    • 한국언론정보학보
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    • 제17권
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    • pp.85-111
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    • 2001
  • 본 글은 영국의 채널4라는 방송사의 설립의 역사적 배경, 이론적 배경 그리고, 그 재정과 경영문제, 나아가 실제 외주제작 과정에 이르는 모든 주요 이슈들을 심층 연구한 것이다. 다채널.다매체 시대를 실현시켜주는 가장 중요한 축으로서의 컨텐츠 문제가 지속적으로 해결되지 않고 있는 한국의 상황에서 모든 프로그램을 외주제작 프로그램으로 방영하는 출판형 방송사인 채널4가 하나의 대안을 제시할 수 있다고 생각했기 때문이다. 채널4는 기존의 방송제도내에서는 해결될 수 없는 다양한 소수집단의 이해를 반영하고 실험정신이 강한 프로그램을 편성함으로써 방송의 다양성을 실현해야 한다는 임무를 가지고 태어났다. 이러한 임무를 실현하기 위해서는 새로운 채널을 기존 방송사가 운영하지 말고 독립제작사를 비롯한 다양한 집단에 의한 참여가 가능한 방식을 찾아야 한다고 보았던 것이다. 이 결과로서 채널4는 스스로 제작은 하지 않으면서 프로그램을 구입하거나 외주제작하는 과정을 통해 방송하는 출판사형 방송사로 운영되고 있다. 본 연구에서는 외주제작 과정에 대한 문제를 집중 조명함으로써 현재 경직되어 있는 우리나라 외주제작시장에 시사점을 찾고자하였으며, 동시에 채널4의 재정과 경영상태 분석을 통해 이상적인 방송에 대한 현실적인 구현방안에 대해서도 배울 바를 찾고자 하였다.

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의료서비스경험자의 보건의료제도 인식도와 영향 요인 (Health Care System Recognition and Influential Factors of Health Care Experiences)

  • 서영우;박초열;박영희
    • 보건의료산업학회지
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    • 제12권4호
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    • pp.59-72
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    • 2018
  • Objectives : This study was performed to investigate health care system recognition and influential factors using the data from the "2017 Health Care Experience Survey". Methods : Data on 7,000 participants in the Health Care Experience Survey were drawn and statistically examined using a t-test, ANOVA, and multiple regression analysis. Results : First, the significant factors of health care service satisfaction were education, income, region, chronic diseases, unmet medical needs, satisfaction with doctors and institutions, and the health care system's reliability and importance. Second, the influential factors of willingness to pay additional health insurance premium were age, occupation, income, health status, chronic diseases, unmet medical needs, satisfaction with health care institutions, limit to utilization of medical services, necessity of health care reform, and the health care system's reliability, satisfaction, importance. Conclusions : Since the additional burden for improving the health care has been negative to the socially disadvantaged, there should be efforts to provide stable health care funding for financial stability of the health insurances by considering public opinions and reaching social consensus.

A STUDY ON CONSTRUCTION SCHEDULE OPTIMIZATION INTEGRATING WITH CASH-FLOW

  • Hyung-Guk Lee;Dong-Pil Shin;Sung-Hoon An;Dong-Eun Lee
    • 국제학술발표논문집
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    • The 5th International Conference on Construction Engineering and Project Management
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    • pp.141-144
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    • 2013
  • This paper presents a system called a Cash-flow based Construction Schedule Optimization system(CfSO). The existing CPM effectively handles schedule and cost management. However, funding strategy should be considered to obtain maximum profit and to progress a project favorably. One of measures is to coordinate the contract terms between owner and subcontractors (or suppliers). Contractor may decrease the interest cost attributed to project financing by adjusting the timing of cash-inflows and cash-outflows. It is an excellent method maximizing profits. This paper presents a method to estimate the amount of a cash-flow occurred periodically by integrating the terms of contract into scheduling. The proposed method is implemented as a system prototype in Microsoft Excel. This system provides a user an automated tool that identifies an optimal schedule that secures maximum profit by adjusting start and finish times of non-critical activities' free-floats without affecting on the project completion time. This system supports a project manager to establish an optimum project schedule and identifies profitable contractual conditions against to a construction owner.

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창업지원제도가 1인창업자의 행동특성에 따라 창업기업 경영성과에 미치는 영향에 관한 연구 (A Study on Influence of Entrepreneur Behavior Characteristics on Business Performance According to the Entrepreneurial Support System)

  • 김창봉;이승현
    • 벤처창업연구
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    • 제12권2호
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    • pp.41-54
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    • 2017
  • 본 연구는 창업기업의 성공률 제고를 위한 정부 및 지자체의 창업지원제도가 창업자의 행동특성에 따라 기업의 경영성과에 어떠한 영향을 미쳤는지를 알고자 하였다. 이에 창업지원제도를 창업교육, 멘토링, 컨설팅 등의 창업정책지원과 정책자금, R&D자금 등의 창업자금지원으로 구분하고 창업자의 행동도 창업기회발견을 위한 행동특성과 창업기회활용을 위한 행동특성으로 구분하여 기업경영성과에 영향을 주는 지를 분석하기 위해 선행연구를 기반으로 연구모형을 만들고 가설을 설정하여 1인 창업기업의 대표들을 대상으로 설문조사를 하여 이것을 근거로 가설을 검증하였다. 본 연구를 통해 얻은 결론으로, 첫째, 창업정책지원은 창업자의 기회발견을 위한 행동특성에는 영향을 주지 못했지만 창업자의 기회활용을 위한 행동특성에는 긍정적인 영향을 미치는 것으로 나타났으며, 둘째, 창업자금지원은 창업자의 기회발견을 위한 행동특성에는 영향을 주는 것으로 나타났지만 기회활용을 위한 행동특성에는 유의한 영향을 미치지 못하는 것으로 나타났다. 셋째, 창업자의 창업기회발견과 창업기회활용을 위한 행동특성은 기업의 경영성과에 영향을 주는 것으로 나타났다. 연구결과에 따라 본 연구에서는 다음과 같은 시사점을 말하고 있는데, 첫째, 창업지원제도는 창업기업의 성장단계에 따라 차등적인 정책이 적용되어야 하겠으며 둘째, 창업기업은 새로운 기술 및 아이디어의 개발단계, 사업화 단계, 마케팅의 단계를 거치면서 성장하는데 각 단계에서 자금조달을 필요로 하는 이른바 죽음의 계곡을 극복해야 하겠다는 것이다.

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미국의 청소년 건강위험행위 감시체계에 관한 고찰 (A Review on Youth Risk Behavior Surveillance System of U.S.A)

  • 박은옥
    • 한국학교보건학회지
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    • 제18권2호
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    • pp.85-92
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    • 2005
  • Purpose: This study reviews the Youth Risk Behavior Surveillance System (YRBSS) in the United States. This review focuses on the purposes, questionnaires, survey methods, and use of survey results. The author also discussesthe establishment and use of Korean Youth Risk Behavior Surveillance System. Results:The YRBSS was developed in 1990 to monitor priority health risk behaviors that contribute to the leading causes of death, disability, and social problems among youth and adults in the United States. The purpose of YRBSS is to determine the prevalence of health risk behaviors, to assess the trend of health risk behavior prevalence, provide comparable data, monitor progress toward achieving the Healthy People 2010. The questionnaires inquire about health-related behaviors, including tobacco use, unhealthydietary behaviors, inadequate physical activity, alcohol and drug use, sexual activity, behaviors that contribute to unintentional injuries and violence. The results of YRBS have been used to estimate the prevalence of risk behaviors among youth, to set goals for school health programs, for training and development of health program personnel, for the development of health education curriculum, to support enactment of health-related regulations, and to support funding for futher research. Conclusions: The YRBSS represents a potentially valuable program that can be applied in Korea. Assessment of risk behaviors among Korean youths will provide invaluable insight for many potential purposes.