• Journal of the Korea Society of Computer and Information
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• v.27 no.4
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• pp.161-167
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• 2022

This study aims to analyze the relation between management efficiency and financial performance in public institutions. Based on 135 public institutions published in public business information system from 2017 to 2020, Data Envelopment Analysis(DEA) for estimating management efficiency was performed. This study analyzed the relationship between DEA and financial performance included ROA and ROS using multi-regression analysis. The results of this study are as follows; We find that there is significant positive relation between management efficiency and ROA. We also find this significant relation in model with ROS. This finding implies that management efficiency a factor that improve financial performance in public institutions. The results of this study can provide an important empirical evidence for evaluating the strategy of governance to improve financial performance by enhancing management efficiency.

• Journal of Intelligence and Information Systems
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• v.1 no.1
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• pp.123-134
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• 1995

인공신경망을 이용한 기업도예측에 관한 연구는 일반적으로 대기업을 대상으로 수행되고 있으며, 분석자료로는주로 재무제표에서 얻어지는 재무정보를 사용하고 있다. 이들 대기업의 재무정보들은 비교적양이 풍부하고 신뢰성이 높기 때문에 인공신경망을 이용한 도산예측의 적중률이 80%∼85%의 높은 수준을 보이고 있다. 하지만, 중소기업이 재무정보는 불충분할 뿐만 아니라 신뢰성이 낮을 가능성이 높기 때문에, 중소기업의 도산예측에 있어서 재무정보만을 사용하게 되면 그 정확도가 떨어지게 된다. 본 연구에서는 인공신경망을 이용한 중소기업의 도산예측에 있어서, 재무정보를 보완할 수 있는 비재무정보의 유용성을 검증하였다. 연구결과 본 연구에서 사용한 비재무정보가 획득가능한 비재무정보중 극히 일부에 지나지 않았음에도 불고하고, 재무정보만을 사용하였을 때보다 예측력이 10%정도나 향상되었다.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2018.05a
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• pp.84-86
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• 2018

본 연구는 해양수산부가 지원하는 해외항만개발협력사업의 일환으로, 중미국가인 엘살바도르 주요 2개항의 항만개발 타당성조사 및 기본계획 수립을 목적으로 하되 장래 해외항만개발사업에서 참고할 수 있도록 정리하였다. 주요 내용으로는 국가 일반현황 및 지역분석, 인프라 현황 분석, 시장조사 및 물동량 수요추정, 항만 개발규모 및 중장기 개발방향 제시, 경제성 및 재무성 분석을 통해 수원국에 필요한 국가 상위계획 자료를 제공하는 것이며, 연구결과가 계획에만 그치지 않도록 사업시행을 위한 재원조달 방안 및 항만 활성화 방안 등 실질적 사업현실화 방안을 제시하였다.

• Journal of Digital Convergence
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• v.14 no.10
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• pp.107-117
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• 2016

This study examines information efficiency of financial information on the firm value for the listed manufacturing companies in Korea stock market in terms of timing pattern of information. We set 3 different test periods based on the financial statement released years - the current year, 90 days before financial statement announcement and the next year. We introduce using the stepwise regression method to examine the effect of financial variables on the stock returns. The financial variables include profitability ratio, growth ratio, stability ratio, activity ratio and market valuation ratio. The results of the study showed that both growth and profitability ratio affected the current year stock returns, while stability and activity ratio affected the next year stock returns. Growth rate of total asset affects both current year and next year stock returns. Our findings imply that the period in which financial information is reflected in the firm value, could vary with the characteristics of financial information.

• Proceedings of the KAIS Fall Conference
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• 2011.05b
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• pp.1029-1032
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• 2011

가장 전형적이고 대표적인 재무분석 기법인 재무비율 분석 방법을 이용하여 내항공업계에서 시장점유율 2위인 사례기업을 경쟁 기업인 D 항공과의 비교 검토를 통하여 재무적 강약점을 분석하였다. 그 결과 수익성은 최근 들어 크게 개선되어 경쟁사를 앞서고 있는데 이는 효율적인 자산의 관리에서 기인한 바 큰 것으로 분석되었다. 유동성 및 안정성은 경쟁사에 비해 양호한 것으로 보이나 방어기간 면에서는 다소 취약한 것으로 분석되었다. 종합적으로 보면 경쟁사에 비하여 전반적으로 뒤떨어져 있던 경쟁력이 근래 들어 개선되고 있음으로 각종 재무 지표는 보여주고 있다.

• The Korean Journal of Financial Studies
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• v.6 no.1
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• pp.67-91
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• 2000

기업의 안전성 분석으로는 이론과 실무면에서 대부분 부채비율이나 고정비율 등에 의한 자본구조분석에 그치는 경향이 있다. 그러나 기업의 안전성이란 이러한 자본구조분석과 동시에 계속적인 수익 보장성 여부도 동시에 검토되어야 마땅하다고 할 수 있다. 그리고 안전성 분석도 흔히 유동성 분석이라고 하는 단기적 안전성과 장기적 안전성 분석으로 나누어야 할 것이다. 왜냐하면 단기적 안전성은 운전자금분석과 같은 성격으로 당장의 지급능력을 분석한다고 하면 장기적 안전성은 장래의 불황과 적자 속에 얼마나 견딜 수 있는지의 여부를 판단해 보는 것으로 기본적인 차이가 있다고 볼 수 있다. 이와 관련하여 우리 나라 제조업의 경우 그 동안 장기적 안전성과 관련된 부채비율은 오래 전부터 좋지 않게 계속되었으나 근래와 같이 기업이 아주 어렵게된 원인은 우선 수익성감소에 그 근원이 있다. 그러나 무엇보다 제반환경을 감안한 단기적 안전성을 염두에 두지 않은 재무관리의 잘못을 크게 지적할 수 있다. 왜냐하면 1991년부터 유동성 비율이 100% 이하로 계속 떨어지고 있는 사실을 간과하고 있었으며 이의 원인을 장기적 안전성에만 돌리고 있다고 여겨진다.

• Journal of Digital Convergence
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• v.16 no.6
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• pp.45-51
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• 2018

In the capital market, there has been a need to improve the level of financial literacy in order to make the right economic decision, and to increase the responsiveness of advanced countries to financial problems and to be more responsive to the economic environment. In this study, we analyzed whether the liberal accounting education implemented with the goal of improving the level of financial literacy of students in K University was effective. The effects of financial literacy level were analyzed after conducting tests for each phase after opening an liberal accounting. The analysis showed that students' level of financial literacy increased after the education of liberal accounting. These results indicate that the education of liberal accounting is more effective for improving financial literacy and show that liberal accounting are useful in the preparation of financial literacy programs in each university.

• Journal of Environmental Policy
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• v.9 no.3
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• pp.47-67
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• 2010

Carbon productivity is an efficiency concept, well suited to maximizing product/service(economic) value of firms and minimizing environmental impact($CO_2$ emissions). This study investigates the causal relationship between carbon productivity (eco-efficiency) and financial performance in Korean firms. The result shows that firms improving carbon productivity are able to gain superior financial performance. The analysis also show that changes in financial performance have a positive impact on the improvement of carbon productivity. However this study reports that carbon productivity does not have a long-run impact on financial performance and vice versa. Finally, the results also show that differences exist in the relationship between carbon productivity and financial performance when grouped by industry characteristics.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.6 no.3
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• pp.85-107
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• 2011

This study analyzed the influence of supporting policy fund on financial performance of small & medium sized venture firms. The outcomes are as follows. First, it was found that 11 dependent variables in profitability, stability, activity, and growth represent have significantly positive influence on financial performances 4 years after policy fund rather than prior to the fund. In short, supporting policy fund is found to bring improvement on financial performance. Second, it was found that growth rate in asset as a growth indicator and interest coverage ratio as a stability indicator have significantly positive influence on operating income to sales and ROA, respectively. Third, it was found that operating income to sales as a profitability indicator and asset turnover ratio as an activity indicator have positive influence on current ratio. Finally operating income to sales as a profitability indicator and growth rate in sales as a growth indicator have positive influence on interest coverage ratio.

• Journal of Technology Innovation
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• v.31 no.2
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• pp.333-369
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• 2023

In this paper, the effect of government corporate support projects on corporate growth was analyzed, and the effect on corporate financial performance or non-financial performance was empirically analyzed by using the growth stage as a modulating variable in government support activities. As a result, it was analyzed that government corporate support had a significant effect on financial performance, non-financial performance, and use of government support, and that the moderating effect of the growth stage had a positive (+) effect on both financial and non-financial performance. Taken together, the research results showed that government corporate support had a positive effect on corporate performance, the growth stage had a positive (+) effect on both financial and non-financial performance, and the impact on financial performance was even greater. Accordingly, government support projects must be supported according to each company's growth stage, and during the decline, companies need to provide customized support according to the state of the company through industry and corporate analysis, and it is expected to be meaningful to improve the efficiency of the government's business support project.