• Title/Summary/Keyword: Assets

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Analysis for Reclaimed Cultural Asset Location Estimation with Complex Seismic Survey (복합지구물리탐사에 의한 매립 문화재 위치 추정 분석)

  • Jang, Ho-Sik;Roh, Tae-Ho
    • The Journal of the Korea Contents Association
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    • v.12 no.8
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    • pp.380-387
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    • 2012
  • A complex seismic survey, which is nondestructive inspection, is used often recently in estimating the location of reclaimed cultural assets. Such a method is the best way to estimate the location of cultural assets most effectively in a short time at a construction site. This study estimated the reclamation location of a cultural asset by using magnetic gradient survey, earth resistivity survey, and ground penetrating radar survey (GPR) in order to figure out the distribution territory in the area with possibility of creation of reclaimed cultural assets in the past. As a result, it was located at +15m on the X axis and +90m on the Y axis on the floor plane coordinate of the study target area. It was shown that the major axis is about 20m long in the north-northeast direction and the width is about 5m. The depth of development distribution of anomaly zone was estimated as about 1.5~3.0m. Geophysical survey is expected to be used as a efficient and accurate way to excavate the reclaimed cultural assets in future.

Study about the Impacts of the Individual Department's Brand on the Formation of Government's Credibility (개별 부처 브랜드가 정부신뢰 형성 과정에 미치는 영향 연구)

  • Joung, Seung-Hwa
    • The Journal of the Korea Contents Association
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    • v.20 no.4
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    • pp.601-615
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    • 2020
  • This study recognized a individual central department of the government as an object that can be branded. Therefore, it was studied to understand the impact of the central department's brand equity on the credibility of the government. To evaluate the relationship between them, measurement items and hypothetical construct were developed based on the previous studies, then the impacts of the central department's brand equity on the government's credibility were assessed. To summarize, the measurement items developed based on the previous studies were refined to discover the components of the central department's brand equity. Then, factor analysis was performed. The results firstly showed that brand equity is consisted of awareness, functional and emotional assets. Secondly, it was found that awareness level of the central department has a positive impact on functional and emotional assets. Thirdly, functional and emotional assets of individual central department significantly affect the credibility of the central department. Lastly, the credibility of individual central departments positively influences the president's credibility. This study has an importance in a sense that it defines the elements of central department's brand equity, and provides a frame for an objective comparison.

Development of Special Asset Management System Using RFID (RFID를 이용한 특수 자산 관리 시스템 개발)

  • Han, Sang-Hoon;Min, Jang-Geun
    • The Journal of the Korea Contents Association
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    • v.11 no.6
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    • pp.33-41
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    • 2011
  • RFID technology is already used in the various application fields such as identification card, traffic card and etc. Many RFID application systems using UHF have been developed in the field of asset management, logistics and security. Because a human being can make mistakes, we need the system that can efficiently manage the special assets such as small arms, jewelry and medicine and can monitor them in real time. In this paper, we proposed a special assets management system to keep assets in safe custody, to monitor their safety status in real time and to manage distribution channels and history of those assets. The developed system is called Smart Cabinet because it has cabinet's form. Smart Cabinet integrates such technologies as RFID, smart card, fingerprint recognition, several sensors and LCD display in order to provide the functions for special asset management. Those functions include condition monitoring of assets, traceability management, distribution channels and security logs, which are to interact with a management server. The article demonstrated the potentiality of RFID by presenting special asset management solutions dedicated to guns and medicine management, and also showed the effectiveness and possibility of those solutions.

An Analysis of the Financial Performance of Korean Medicine Hospitals in Korea: Focusing on Financial Ratios and Investment Efficiency (재무분석을 통한 한방병원의 경영성과 분석 - 재무비율 및 투자효율을 중심으로)

  • Choi, WonYoung;Lim, Byungmook
    • The Journal of Korean Medicine
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    • v.41 no.1
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    • pp.1-10
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    • 2020
  • Objectives: This study investigated the financial performance of Korean Medicine hospitals in Korea in order to understand the current status of hospital management and improve its efficiency. Methods: Financial statements of 24 medical corporations, 19 juridical foundations and 18 school hospitals from 2016 to 2018 were obtained from the secondary data published by the Health Insurance Review and Assessment Service, the National Tax Service and the Korea Advancing Schools Foundation. Financial performance was measured on 6 dimensions: liquidity, profitability, activity, growth, cost and productivity (investment efficiency) by analyzing 8 financial indicators: Liability to Total Assets, Net Profit to Patient Service Revenues, Total Assets Turnover, Growth Rate of Patient Service Revenues, Operating Expenses to Patient Service Revenues, Value Added to Patient Service Revenues, Value Added to Total Assets, and Value Added to Personnel Expenses. Results: Korean Medicine hospitals showed lower Liability to Total Assets, Liquidity and Value Added to Total Assets than Western Medicine hospitals did. They also showed higher Value Added to Patient Service Revenues and Value Added to Personnel Expenses than Western Medicine hospitals did. They also showed higher Value Added to Patient Service Revenues and Value Added to Personnel Expenses than those of Western Medicine hospitals do. The net profit decreased significantly (-50.8%) in 2018 whereas Patient Service Revenues increased (6.9%) for the same period due to Operating Expenses increase and Non-Operating loss. Conclusions: These findings suggest that the Korean Medicine hospital sector in Korea needs to improve liquidity and financial structure and to enhance profitability by reducing Personnel Expenses and generating Non-operating revenues in order to improve its investment efficiency and competitiveness.

Factors Affecting the Operating Performance of General Hospitals (종합병원 수익성에 미치는 영향요인 분석)

  • Kim, Ji-Hyoung;Ha, Ho-Wook;Lee, Hae-Jong;Sohn, Tae-Yong
    • Korea Journal of Hospital Management
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    • v.10 no.3
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    • pp.45-66
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    • 2005
  • The purpose of this study was to analyze related factors affecting profitability on general hospitals(300-499 beds). The data were derived from survey by the Korean Hospital Association on 33 hospitals during 10 years (from 1993 to 2002). Profitability was measured by 3 ratios - net profit to total assets, normal profit to total assets and operating margin to gross revenue - as dependent variables. Independent variables were classified by general factors (ownership, number of bed, period of establishment, region), financial factors (total asset turnover, current ratio, liabilities to total assets, personnel costs per operation profit, material costs per operation profits), productivity index(number of daily patient per nurse), the score of quality assurance activity and the time lag score. Multiple regression model was used in this study. First, Number of bed, region was not statistically significant for profitability. But ownership was affect positively to normal profit to total assets and operating margin to gross revenue. Private hospitals had higher profitability than that of public hospitals Second, the score of quality assurance activity was not statistically significant to profitability. Third, Those hospitals having more daily patient per nurse had significantly higher profitability than the others. Fourth, Those hospitals having higher proportion in total asset turnover had significantly higher profitability than other hospitals. But liabilities to total assets and liquidity ratio had no difference to the profitability. Those hospitals having higher proportion in personnel costs and material costs per operation profits had significantly lower hospital profitability than others.

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Evaluating Retirement Income Readiness Considering Longevity Risk and Financial Asset Utilization Ratio (장수위험과 금융자산활용비율을 고려한 은퇴소득준비도 평가)

  • Choe, Hyuncha;Kim, Minjeung;Lee, Jiyoung;Kim, Minjung
    • Journal of Family Resource Management and Policy Review
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    • v.17 no.1
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    • pp.159-178
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    • 2013
  • This study aims to evaluate the retirement income readiness of Korea, a country that-considering its high property asset ratio-is seeing an unprecedented rapid progression of graying. The result of analyzing 6,589 non-retired households in Statistics Korea's Survey of Household Finances (2011) is as follows. First, the Retirement Readiness Index, considering annual income and asset utilization income before including longevity risk, was 70.6. The index increased to 89.5 when utilizing real assets excluding houses and exceeded 100 when utilizing houses. Second, when designating 100 to be the life expectancy and taking into consideration longevity risk, there results were 52.5, 63.7, and 81.1, respectively. Third, since it is less likely for one to use all current financial assets as post-retirement income, the study reviewed the changes in the Retirement Readiness Index by applying three different levels of asset utilization ratios (50%, 75%, and 100%), which refer to the conversion ratios of current assets to retirement assets. This study is significant in that it considers longevity risk and applies asset utilization ratios in various ways, outside of the assumption that all current financial assets will be used as post-retirement income, to take a more realistic approach to retirement readiness.

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The Mud-based Cosmetic Business by the City of Boryeong in Korea as the Commodification of a Locality's Endowment or Assets for Local Development (지역발전을 위한 향토자원 상품화의 사례로서 보령시 머드화장품 사업에 대한 고찰)

  • Byun, Pill-Sung
    • Journal of the Economic Geographical Society of Korea
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    • v.9 no.1
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    • pp.7-22
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    • 2006
  • This study examines the mud-based cosmetic business by the City of Boryeong, as a case of commodifying a locality's endowment or assets for local development. Concretely, the study discusses current status, history, and challenges of the business, which is an integral component of the key industry Boryeong seeks to promote by using mud materials. The discussion also encompasses the factors behind the development of the business. From the discussion, my work presents the business‘s implications for the commodification of local endowment/assets and promotion of relevant key industries that not a few localities across Korea pursue for their development. I deal with such implications, primarily in terms of the local institutional capacity that induces the consistent participation and cooperation from a wide variety of stake-holder as well as the shared vision among such stake-holders in order to enable a locality to effectively use its endowments/assets for local development. And this work reiterates that the institutional capacity which is significant for local development has to be analyzed in depth and such an analysis should produce codified knowledge which can function as guidances or manuals for many localities.

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Values and Utilization Measures of Stone Walls in Jeju Island as Place Assets (장소자산으로서 제주 돌담의 가치와 활용방안)

  • Jeong, Kwang-Joong;Kang, Seong-Gi
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.1
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    • pp.99-117
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    • 2013
  • This study aims to suggest the values and utilization measures of the stone walls in Jeju Island as place assets. The discussion on this subject may serve as a breakthrough to resolve the current situation where the stone walls in Jeju Island have been focused on for their potential value not for their practical value as place assets. Moreover, specific measures to utilize Jeju stone walls may become a vehicle to seek the sustainable development of the region. This study discussed the types, functions and values of the stone walls in Jeju Island as place assets and suggested practical measures to use the structures based on their regional distribution. The in-depth discussions largely concluded that there might be five values and seven utilization measures with regard to the Jeju stone walls. The results of the study are expected to be utilized as a new indicator for the regional development of Jeju Island.

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The Impact of the Environment Management on Steel Enterprise' managerial Performance (철강기업의 환경경영이 경영성과에 미치는 영향)

  • Lee, Dong-Won;Seok, Kee-Joon;Lee, Ki-Hwan
    • Journal of Environmental Policy
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    • v.9 no.4
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    • pp.29-52
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    • 2010
  • This paper analyzes the firm's financial characteristics, influence over the adoption of the ISO 14001 adoption in our analyses. We used the T-test, a logistic regression analysis. We chose 112 Steel Enterprises from Korea Accreditation Board. The independent variables are current ratio, debt ratio, fixed assets to net worth and fixed liabilities, gross margin on sales, total assets turnover, net sales growth rate. This study tests three hypotheses on management performance of adoption of ISO 14001. The main findings are as follows. The first hypothesis is supported in terms of debt ratio, fixed assets to net worth and fixed liabilities, net sales growth rate at the 1%, 5%, 5% significance level. The second one is supported in terms of current ratio, debt ratio, fixed assets to net worth and fixed liabilities at the 10%, 1%, 1% significance level. The third one is supported in terms of gross margin on sales, total assets turnover at the 1%, 10% significance level. These findings have important implications

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Photogrammetric Analysis of Formative Ratio of Stone Pagodas According to the Period (寫眞測量에 의한 우리나라 主要 石塔의 時代別 造形比 分析)

  • Yeu, Bock-Mo;Choi, Chul-Soon;Oh, Yi-Kyun
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.10 no.2
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    • pp.73-81
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    • 1992
  • Terrestrial photogrammetry is widely used for the observation of cultural assets due to its effects such as increased accuracy and cost saving. As the damage of cultural assets tends to increase with time, it is essential that the standard of value evaluation and the preservation methods be established. The terrestrial photogrammetry proves to be an excellent tool for this purpose. This study aims to classify the objects measured by terrestrial photogrammetry according to the historical period. The assets to be included are not only national treasures but also obscure cultural assets. This study also aims to discover the genuine value and originality of the asset by analysis of formative ratio. As the result of this study, it is proved that the stone pagodas bave been build by characteristic formative ratio, which varies according historical period. It is anticipated that the results of this study will be applied in deriving the historical periods of discovered stone pagodas as well as in preserving existing cultural assets.

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