• The Journal of the Korea Contents Association
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• v.17 no.3
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• pp.578-588
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• 2017

The purpose of this paper was to prove the January Effect and Efficiency of the KOSPI Market, and then suggest as a result. KOSPI data was divided into two of section, Before and After IMF Financial Crisis, and this paper utilized Market Capitalization of common stock to conduct a study. As the main findings of this result, in KOSPI 1st section(Before IMF Financial Crisis), this paper proved the January Effect and Size Effect for Small-capital stock. On the other hand, in KOSPI $2nd-{\alpha}$ & ${\beta}$ section(After IMF Financial Crisis), this paper couldn't prove the January Effect. And then, this paper couldn't prove the Efficient Market hypothesis in KOSPI 1st with January Effect, however, proved the weak efficient market in KOSPI 2nd(${\alpha}$ & ${\beta}$) without January Effect. Finally, this paper deducted implications and limitation as the results.

• Journal of the Economic Geographical Society of Korea
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• v.2 no.1_2
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• pp.63-81
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• 1999

The aims of this study are to analyze the current states and problems of development finance in the regional development projects, and to examine new sources and techniques of development finance for activating regional development projects. Analyzing the current states of development finance in regional development project, the problems such as the poorness of development function, the low accessibility to formal financial market, especially capital market, and the dominant use of corporate financing can be seen. In these context, four alternatives are proposed in order to activate development finance. First alternative is to use the funds which invest the equity of real estate, such as REITs. The second is to activate project financing. The third is to use asset backed securities. The forth is using mezzanine capitals as the means of protecting investors.

• Journal of Korea Fair Competition Federation
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• no.76
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• pp.42-52
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• 2001

• 해운
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• no.10 s.32
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• pp.37-37
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• 2006

• 주택과사람들
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• no.27 s.44
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• pp.28-31
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• 1994

• 한국벤처창업학회:학술대회논문집
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• 2008.11a
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• pp.337-356
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• 2008

2008년 3월 19일 법무부로부터 포이즌 필 도입에 관한 보도 자료가 공시된 시점을 중심으로 국내 비 금융 상장사의 시장반응을 살펴보았다 그 결과 모든 기업에 대해 시장은 부정적인 반응을 보였다. 대주주 지분이 낮을수록 그리고 소액주주 지분이 높을수록 시장의 부정적인 반응은 약화되었다. 한편 재벌기업은 제외하면 독립기업보다. 그룹에 속한 기업들이 더욱 부정적인 시장반응을 보였다. 이는 계열구조가 복잡한 기업일수록 터널링의 가능성이 높기 때문에 그룹기업이 포이즌 필을 도입할 때는 대주주의 사적이익 추구가 강화된다고 시장이 해석하고 있음을 뜻한다.

• The Magazine for Energy Service Companies
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• s.70
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• pp.26-33
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• 2011

국내 자발적 탄소시장을 육성하고 성공적으로 정착시키기 위해서는 일본, 영국 등의 사례를 분석하여 시행착오를 최소화시킬 수 있는 최적의 시스템을 구축하는 것이 무엇보다 중요하다고 할 수 있다. 이를 위해서는 정부의 정책 및 의지가 가장 중요하다고 할 수 있으나 기업 및 기관들의 역할도 이에 못지않게 중요하다. 또한 국내 자발적 탄소시장의 규모를 확대하고 국제시장에서 배출권에 대한 신뢰도를 제고하기 위해서는 금융기관의 적극적인 참여도 필수적이라고 할 수 있다. 결과적으로 국내 자발적 탄소시장을 확대하기 위해서는 정부, 참여기업, 금융기관이 유기적으로 공조해야 할 것으로 보인다.

• International Area Studies Review
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• v.18 no.3
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• pp.67-88
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• 2014

The Chinese stock market has increasingly strengthened its market power on other stock markets due to rapid growth of its economy. In this context, this study investigated return spillover effect as well as asymmetric volatility spillover effect using a VAR-Bivariate EGARCH model among stock markets(China, US, Japan, Korea). Furthermore, we conjectured the impact of 2008 global financial crisis on the spillover effect of the Chinese stock market. In our empirical results, the Chinese stock market has a weak return spillover effect to other markets(US, Japan, Korea), but after the global financial crisis, its return spillover effect becomes stronger among other stock markets. In addition, the Chinese stock market have strengthened its asymmetric volatility spillover effect on other stock markets after the Global financial crisis. As a result, the Chinese stock market has an strong influence on other stock markets.

• The Journal of Society for e-Business Studies
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• v.24 no.4
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• pp.79-107
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• 2019

Traditionally banks and other financial institutions use customers' accounts and information managed by them and provide payment services in dominant positions. Recently, EU amends Payment Services Directive to institutionally guarantee access to customers' accounts and use of account-related information even to third parties, which facilitates competition in financial markets and promotes innovation. However, this kind of change can increase potential security risks and therefore institutional responses from financial authorities are required so that all participants in financial markets can properly respond to security risks. In this study institutional responses to the security risks in the EU's new Payment Services Directive (PSD2) are analyzed, comparisons between this and domestic electronic financial regulations are analyzed, and implications for the direction of improving domestic electronic financial regulations will be suggested.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.4 no.3
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• pp.189-192
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• 2003

This Study attempts to explore the Concept, Necessity, and Applicability of the Catastrophe Bond (Cat Bond) in Korea. Cat Bond is a new financing product, which is not introduced in Korea yet. It is a new trend in world market to cooperate the insurance and capital market through the Cat Bond. Cat Bond has to be introduced in Korea as in a world market.