• 제목/요약/키워드: Bank competitiveness

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Learning Participatory Motivation of learner in Fashion Major Degree Program in Academic Credit Bank System (학점은행제 패션전공 학위과정 학습자의 학습참여동기)

  • Yi, Hye-Yun;Park, Myung-Ja
    • Journal of the Korea Fashion and Costume Design Association
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    • v.17 no.4
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    • pp.191-200
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    • 2015
  • The purpose of this study is to analyze the difference of educational institutions and majors on Learning Participatory Motivation of Lifelong Education Organizations of Universities and Job Technical Colleges that are operating academic degrees on bachelor of fashion and associate of industrial arts in Academic Credit Bank System. The significance of this study is to provide basic information for educational institutions to promote efficient operation and devise a strategy for reinforcing educational competitiveness according to individual Learning Participatory Motivation and purpose of learners. In this study, educational institutions were classified into Lifelong Education Organizations of Universities and Job Technical Colleges operating academic degrees in Academic Credit Bank System. Degrees were divided into bachelor of fashion and associate of industrial arts, and majors were divided into fashion design and fashion business for bachelor of fashion and fashion design and fashion business for associate of industrial arts. Looking at Learning Participatory Motivation of learners, factors selected by learners as considerations for registration and selection of currently affiliated educational institution were found to be 'acquisition of degree at a university' and 'acquisition of degree' for Lifelong Education Organizations of Universities and fashion design major, and 'for employment' and 'acquisition of new knowledge and skill' for Job Technical Colleges and fashion business major.

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Technology Management and Challenges of Vietnamese Enterprises in the International Market

  • Tuan, Nguyen Anh;Thanh, Nguyen Minh;Loc, Tran Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.1
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    • pp.43-52
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    • 2018
  • This research aims to evaluate the current state of technology of enterprises in Vietnam in comparison with several countries in the AEC economic community, thereby to propose several recommendations to Vietnamese enterprises in order able to promote technology innovation activities, create competitiveness with enterprises in the region. Qualitative research methods are used through statistics and comparative descriptions from data collected from various sources: WEF, World Bank, CIEM, General Statistic Office. The study results show that Vietnamese enterprises still have many limitations in technology, originated from their small business scale (capital and labor), the current research capacity is still low, the funding for this activity is not high and the accessibility of the capital is still difficult. According to the Global Competitiveness Index, Vietnam's science and technology indexes are low compared to other AEC-developed countries including the availability of the latest technology; the acquisition of technology at the enterprise level; the capacity of improvement; quality of scientific research organizations..., which shall be a major barrier for Vietnamese enterprises to have to overcome to be able to create the competitiveness when entering the global market. From then on, the authors proposed solutions for two subjects, enterprises and government, to help Vietnamese enterprises to overcome this barrier.

생태계 관점에서 본 한국금융시장과 IT의 역할

  • Ju, Yeon-Sun;Han, Jae-Min
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.171-176
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    • 2008
  • As business environment becomes dynamic, complicated, and networked, viability is important not only for the firm itself but also for its partners. It is needed a broader view to understand and to improve competitiveness of an organization, which is defined as the business ecosystem view. In this research Korean financial market is to be defined as a business ecosystem. The Korean financial market consists of Bank of Korea as the keystone, a number of major financial institutions as flagship entities, and other members in the ecosystem. Since dynamic interactions among members of the ecosystem are done through IT, the financial ecosystem's competitiveness is based on IT competence. In this paper, it is suggested a new view of business ecosystem on the Korean financial market structure and the role of IT to enhance the healthiness of financial ecosystem.

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The Effects of Export Diversification on Macroeconomic Stabilization: Evidence from Korea

  • LEE, JINSOO;YU, BOK-KEUN
    • KDI Journal of Economic Policy
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    • v.41 no.1
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    • pp.1-14
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    • 2019
  • This paper studies whether export diversification mitigated the negative effect of the global financial crisis on exports using the Korean case. Specifically, we use annual data on the exports of 24 Korean manufacturing industries from 2000 to 2016 and examine whether the negative effect of the crisis on exports was less prevalent in industries that were more diversified in terms of country and product. We also examine whether export competitiveness, as measured by the revealed comparative advantage index by industry, had a mitigating effect on trade during the crisis. In order to study these issues, we use panel regression with a fixed-effect model for 24 Korean manufacturing industries. From our empirical analysis, we find that country diversification weakened the negative impact of the global financial crisis on Korea's exports, whereas neither product diversification nor export competitiveness did so.

A Study on the Electronic Payment and Settlement System in EU (유럽의 전자결제제도에 관한 연구)

  • CHOI, Byoung-Kwon
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.67
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    • pp.69-95
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    • 2015
  • The main purpose of this study is to analyse what are the key financial innovations in the euro area electronic payment systems. TARGET2 is the RTGS-system provided through the Eurosystem. It is used for settling central bank operations, for large interbank transfers in euro and also for other euro-denominated transfers. The specific features of TARGET2 include processing in real time, settlement in central bank money and immediate finality. In addition, the SEPA is a payment-integration initiative of the European Union for simplification of bank transfers denominated in euro. In particular, the main innovations consist of the completion of the phased migration to the TARGET2 infrastructure, and the introduction of a single retail payment market in euro - the SEPA and its products, schemes and frameworks. As the study analyse, the key innovations consist of the TARGET2 introduction, SEPA establishment and migration towards the T2S system. These innovations will lead to a better understanding of the payment and settlement systems' behavior in stress situations and to enhance the stability of the euro area financial system. Moreover, the successful integration of the European payment and settlement infrastructures will further contribute to the integration of the European financial markets, as well as to their higher competitiveness.

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Competitiveness Enhancement for Local Commercial Banks in Vietnam (베트남 일반은행의 경쟁력 제고에 관한 연구)

  • Dinh, Nguyen Yen Chi;Kim, Jung-Ho
    • International Area Studies Review
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    • v.21 no.2
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    • pp.171-196
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    • 2017
  • This study employed the Analytical Hierarchy Process (AHP) methodology with the enhancement of the competitiveness of Vietnamese commercial banks set as the overall goal of the model. Analysis of the survey questionnaire based on pair-wise comparisons and collected from experts in the field of banking led to three significant findings. First, banking safety is the most important evaluation criteria for the competitiveness of local commercial banks in Vietnam, followed by operating efficiency, intangible values and large scale. Second, in order to achieve the overall goal of enhancing competitiveness for local banks, securing healthy financial conditions should be made the priority. Effective management systems, strategic human resource planning and high-quality products and services all show strong connections to achieving the evaluation criteria. Third, the study found that bad debt settlement is essential in obtaining healthy financial conditions. In order to introduce effective management systems as well as high-quality products and services, technological advances are very important. Improving the quality of executives and staff is imperative for strategic human resource planning purposes.

A Constructing the Composite Index using Unobserved Component Model and its Application (비관측요인모형을 이용한 종합지표 작성 및 적용)

  • Kang, Gi-Choon;Kim, Myung-Jig
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.1
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    • pp.220-227
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    • 2014
  • This paper introduces and applies the World Bank's methodology for constructing composite index or aggregating indicators. After recalculating the world competitiveness index of IMD using Unobserved Component Model(UCM) we compare it with the existing index and try to find some implications. We also try to construct the composite index for measuring the performance of local finance. We employ the Principal Component Analysis(PCA) for validating the appropriateness of selected indicators used in making the composite index. We found that the UCM and PCA are very useful and will be used widely in various evaluations such as regional development, local finance, local competitiveness and public enterprise, etc.

A Study on the Effects of Service Quality of Financial Industry on Service Performance-Based on Mutual Savings Bank (금융 산업의 서비스 품질이 서비스 성과에 미치는 영향에 관한 연구-저축은행을 중심으로)

  • Lee, Hyung-Mok;Lee, Sang-Shik;Kim, Jong-Weon
    • Journal of Korea Society of Industrial Information Systems
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    • v.17 no.4
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    • pp.99-114
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    • 2012
  • Mutual savings banks have today met many difficulties because of various reasons. To overcome these difficulties, they have to change to be more customer centric and to adopt customer satisfaction management so that they can satisfy customers asking for diversified and professional service. This study aims to investigate the relationship between various dimensions of service quality and service performance such as customer satisfaction, customer trust, and repurchase intension. This study categorized service quality as interaction quality, outcome quality, and physical environment quality. Moreover, this study examined whether interest sensitivity and bank reputation had the moderating effects between service quality and service performance. The study results may provide practitioners and researchers in financial industry with some implications and guidelines for mutual savings banks' competitiveness.

Design of Flexible DSS Architecture for OTC Derivatives Trading: 'A' Bank Case (장외파생상품거래를 위한 유연한 의사결정지원시스템 아키텍처 설계에 관한 연구: A은행 사례)

  • Lee, Keun-Woo;Yang, Kun-Woo
    • The Journal of Information Systems
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    • v.20 no.1
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    • pp.107-126
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    • 2011
  • Model-based decision support system (DSS) has acted as a crucial role in strengthening the business competitiveness by providing a way of modeling and solving real-world decision problems in a quantitative and scientific manner. It is even more important for trading OTC derivatives, which requires extensive financial-engineering expertise while actively reacting to the continuously changing financial market. This paper proposes a flexible model-based DSS architecture that can support user-friendly interface for executing and analyzing the models and can adapt to the changes of financial market seamlessly. For user-friendliness, we implement the user-interfaces (UIs) using Microsoft Excel, a very widely used spreadsheet program for its great generality and extensibility. Users can utilize the analysis results of DSS or reprocess them for their special needs through the UIs in the form of familiar spreadsheets easily. For adaptiveness to the markets, the proposed architecture is constructed based on the object-oriented concepts, which enables such changes as release of a new financial product can be updated into the system without any delay at the lowest cost. We investigate the practical benefits and limitations of the proposed architecture by a case study on the construction of Model-based Trading Support System (MTSS), performed by a commercial bank in Korea.

Exploring Factors Affecting on the Pharmaceutical Distribution Industry: the Case of Kazakhstan

  • KIREYEVA, Anel A.;ABILKAYIR, Nazerke A.;ORYNBET, Perizat Zh.;SATYBALDIN, Azimkhan A.;SATPAYEVA, Zaira T.
    • Journal of Distribution Science
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    • v.19 no.8
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    • pp.13-24
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    • 2021
  • Purpose: This research is aimed to explore factors affecting on Kazakhstan's pharmaceutical distribution industry, selection of various factors and assessment of the level of their influence. Based on the literature review it was defined that there is a great variety of scientific works relating to pharmaceutical distribution industry competitiveness and management improvement. Research design, data and methodology: There is very little research, which to determine the issues of pharmaceutical industry distribution in developing countries, in particular EAEU countries. The algorithm was chosen for research provision: statistical and comparative analysis, correlation, and regression analysis. The data of 1993-2020 obtained from the World Bank, Bureau of National Statistics, National Bank of Kazakhstan, which is expressed by 19 factors as macroeconomic indicators. Results: The chosen variables were selected non-randomly, these economic indicators had the most reliable, unique, and utmost for the whole research period complete information. Conclusions: There could be made adequate conclusions of the research, there is a strong positive relationship for six factors: population, GDP per capita, average annual US dollar exchange rate, the minimum pension, average assigned monthly pension, minimum wage. Pension and wage are the most significant factors affecting on the pharmaceutical distribution industry in Kazakhstan.