• 한국산업정보학회:학술대회논문집
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• 한국산업정보학회 2007년도 춘계학술대회
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• pp.139-151
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• 2007

Decision-making in the crisis management happens in dynamic, rapidly changing, and often unpredictable distributed environments. Crisis management Decision Support Systems (DSSs) in E-Government are challenged by the need to use it availably at anytime, from anywhere, and even under any-situation. In this paper the reasons of developing distributed architecture for crisis management Decision Support Systems (DSSs) in E-Government are analyzed. Consequently, a distributed architecture for crisis management Decision Support System (DSS) is proposed in this paper. Finally it is implemented by Web Services. If crisis management Decision Support System (DSS) based on distributed architecture is implemented by Web Service, then it can provide decision support for decision-makers to deal with crisis at anytime, from anywhere, and even under any-situation.

• 한국IT서비스학회지
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• 제12권4호
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• pp.109-124
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• 2013

Recently domestic companies have struggled to deal with different kinds of crisis accrued from various sources. However, their perception on the crisis and crisis management system are extremely vulnerable. In particular, although almost all companies have had many business related crisis, they have tended to ignore the crisis with simply considering it as unlucky and not to approach it provocatively in preparing some preventive measures and turning it into an opportunity due to the lack of recognizing the importance of risk management. In other words, domestic companies have not systematically prepared detailed plans for potential crisis, rather have tended to recognize the importance of having crisis management system after experiencing a detrimental crisis or accident. Furthermore research on the issue has conducted sparsely in the academic world. The purpose of this study was to investigate the differences among types of businesses in terms of the degree of crisis experienced previously, the perception on the importance of crisis management system, the level of crisis management implementation, and the areas of crisis management being focused in the future. Usable data was collected from 201 companies using an on-site survey. Data was analyzed with SPSS 21.0 using some descriptive statistics and a series of ANOVA (One-way Analysis of Variance). Results and implications were provided, along with some future research directions.

• East Asian Economic Review
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• 제23권4호
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• pp.409-427
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• 2019

This paper sets up a new Keynesian model with external habit to explore the role of each shock over business cycles in Korea. The estimated model via maximum likelihood shows that the productivity shock plays a pivotal role in explaining the output variations before and after the financial crisis since mid-1970s. It also shows that the model with external habit is more successful in explaining the business cycles in Korea after the Asian financial crisis than the model without habit. The monetary policy shock which dominates by accounting for more than 70 percent of the unconditional variance of the inflation rate before the financial crisis is less important in the inflation rate fluctuations after the financial crisis. This partly reflects the regime change of the monetary policy to the inflation targeting rule after the financial crisis.

• The Journal of Asian Finance, Economics and Business
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• 제7권7호
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• pp.35-47
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• 2020

An economic downturn can occurred through unexpected events in various fields, such as the subprime mortgage crisis and the outbreak of Coronavirus Disease-2019 (COVID-19). Trade credit is important for small- and medium-sized enterprises (SMEs), especially during a monetary contraction, as it is the last option for firms that lack bank credit. This study aims to determine whether trade credit is profitable for the buyer and supplier firms during and after a financial crisis. We use panel data consisting of all trade credit transactions and financial statements of 5,751 Korean firms during the period 2008-2012. It shows that trade credit is more profitable for both buyers and suppliers in the post-crisis period than during the crisis. Moreover, trade payable is more effective for unconstrained buyers than for constrained buyers. Finally, a mixed strategy is superior to an aggressive or passive strategy of SMEs. The results suggest less profitability of trade credit during a period of contraction and greater sensitivity of the buyer SMEs, emphasizing the idiosyncratic liquidity strategy of each firm. This study can be helpful to develop a strategy of profitable trade credit for SMEs and to establish a policy of managing liquidity for the authority.

• The Journal of Asian Finance, Economics and Business
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• 제4권3호
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• pp.19-26
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• 2017

Banks play a crucial role in bringing stability and economic development through their expected contribution in proper financial resource mobilisation across the economy. Despite the importance, there is little focus in recent literature which provided the empirical evidence how the global financial crisis affect the bank efficiency in Bangladesh. Thus, this paper aims to examine the effect of the global financial crisis and other factors on the efficiency of Bangladesh commercial banks. By employing the Data Envelopment Analysis (DEA) method, we computed the technical efficiency of individual banks operating in the Bangladesh banking sector during 2000 to 2013. The empirical findings indicate that the Bangladesh banking sector has exhibited the highest efficiency level during 2001, while efficiency seems to be at the lowest level during 2010. The study finds that crisis along with bank size, capital adequacy ratio, return on average equity and real interest rate have a significant effect on bank efficiency in Bangladesh. In order to keep the sound financial development of Bangladesh, banks operating in the Bangladesh banking sector have to consider all the potential technologies which could improve their profit efficiency levels, since the main motive of banks is to maximise shareholders' value or wealth through profit maximisation.

• 한국항행학회논문지
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• 제14권1호
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• pp.127-133
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• 2010

운영연속성관리계획 수립을 위한 프로세스는 비즈니스 위험 평가, 취약성 분석, 업무영향분석, 업무복구전략수립, 상세계획수립, 계획실행, 테스트 및 유지관리(모니터링 포함)의 반복적인 사이클을 구성할 수 있다. 관리체계는 조직에 발생하는 재난 관리 체계를 개발, 수행, 개선, 유지와 업무 연속성 확보 체계를 위한 책임 의무사항 제공과 함께 재난예방, 재난대비, 재난대응, 재난복구를 위한 재난관리체계를 평가할 수 있다. 따라서 본 논문에서는 글로벌 환경변화에 대응하고 사회 안전 시스템의 구축과 운영의 극대화를 위하여 운영연속성관리, 위기관리체제 구축 및 위기관리통합체제 구축에 대하여 전반적으로 기술하고 조직 내에서 운영연속성관리를 이해하고 발전시켜 실행하기 위한 기틀을 제공하고자 운영연속성관리 관점에서의 위기관리통합시스템 구축 방법을 제안하였다.

• 사회경제평론
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• 제29권1호
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• pp.71-98
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• 2016

이 연구는 투간 바라노프스키의 "영국 공황사론"을 중심으로 그의 경기변동론을 분석하여 다음과 같은 점들을 지적하고자 한다. 첫째, 투간은 판로이론을 기초로 한 공황의 주기성 이론을 구성하려고 했다는 점을 밝히고, 그것의 논리적 일관성이 부족하다는 점을 지적할 것이다. 둘째, 투간을 비판하는 논자들이나 옹호하는 논자들은 투간의 이론적 체계가 가진 문제점을 제대로 평가하고 있지 못했다. 과소소비론은 투간의 공황론을 소비를 무시한 불비례론으로 평가하였지만, 공황의 구체적인 발발 과정에 대한 투간의 논의는 제대로 평가하지 못했다. 바우어는 퇴장화폐가 포함됨 재생산표식론으로 투간의 주기적 공황론을 구현하려고 했을 뿐이다. 그러나 예외적으로 힐퍼딩만이 맑스의 공황개념에 기초하여 투간을 가장 적절히 비판하였고, 그것에 기초하여 주기적 공황의 문제를 해명하려고 하였다.

• The Journal of Asian Finance, Economics and Business
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• 제3권3호
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• pp.17-26
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• 2016

This study investigates daily stock market anomalies in Chinese stock market, using nine most representative stock indices over an eleven year time period spanning from pre-financial crisis era to six years into the financial crisis. This research is the first to test the presence of the day of the week effect on stock returns in the Chinese stock exchanges during the financial crisis. We find that the day of week effects have been strongly significant in Chinese stock exchanges since 2004. However, unlike the previously found negative Monday effect and positive Friday effect in the U.S., Chinese stock market shows positive returns on Mondays and negative returns on Tuesdays. More importantly, the negative Tuesday effect is only significant after the inception of financial crisis. The results indicate a positive effect on Mondays and a negative effect on Thursdays. More importantly, we find a negative Tuesday effect during the financial crisis, which suggests a spillover of the Monday effect from the U.S. stock market. Our results shed some light on the degree of market efficiency in the largest emerging capital market in the world, and its increasingly close relationship with the U.S. capital market.

• 디지털융복합연구
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• 제20권4호
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• pp.169-184
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• 2022

본 연구의 목적은 조직의 위기관리체계가 위기대비에 미치는 영향을 확인하고, 위기모니터링과 실패경험 학습의 다중매개 효과 확인을 통하여, 다양한 위기에 직면하는 조직들이 효과적인 위기대비방안을 수립하는데, 도움을 주고자 하는 것이다. 실증 연구를 위한 설문 조사는 국립 P 대학의 MBA 과정의 임원/간부, 중견 사원 121명을 대상으로 진행하였다. SPSS 25와 Amos 25를 사용하여 확인적 요인분석, 신뢰도 분석, 회귀분석을 실시하였으며 Process Macro를 사용한 Boot-Strapping 기법으로 매개 효과 분석을 실시하였다. 연구 결과, 위기관리체계는 위기대비에 정(+)의 영향을 미치고, 실패경험 학습과 위기모니터링은 위기관리체계와 위기대비 사이를 다중매개하는 것으로 나타났다. 연구 결과를 통해 위기대비에 영향을 미치는 실패경험 학습과 위기모니터링의 유의한 매개 효과를 확인하였다. 시사점으로 조직상황에 맞는 위기대비 방안을 제시하였으며, 연구의 한계점과 향후 연구 방향을 제시하였다.

• Asia Marketing Journal
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• 제14권3호
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• pp.7-26
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• 2012

The success story of E-mart fascinated many academics and practitioners alike. Though E-mart began as a nameless discount store in Chang-dong, Seoul in 1993, it has transformed itself into a leading distribution company and one of the most powerful brands in Korea. Surprisingly, it achieved the great success against the two crises it met: the national economic crisis and the invasion of the global giant Walmart. The main objective of this case study is to formally examine how E-mart overcame the two crises. More specifically, this case study highlights the ways with which E-mart turned those difficulties into opportunities for growth. In our examination of the E-mart case, we could clearly see E-mart's competence and spirit that allowed it to turn crises into advantageous opportunities. E-mart attracted the customers who wanted value-oriented consumption by its positioning as the "Lowest price discount store", when consumer sentiment was frozen under the economic crisis. Furthermore, when a large-scale foreign discount store like Walmart entered the Korea market, E-mart built its core competencies as the 'Korean style discount store'. These ingenious positioning and efforts resulted in E-mart taking over their archrival, Walmart, and forced the global Goliath to exit the Korean market. The case of E-mart's effective crisis management teaches many important lessons and a few core lessons that apply to many companies. One such lesson is the importance of positioning which enabled E-mart to turn crises into opportunities. Granted, the strategy of positioning as the 'Korean style discount store', or 'Lowest price discount store' was possible due to overall support with cost reduction, development and management of their own system, an apprentice educate system, etc. based on an excellent selection of location of the store and efficient distribution systems. Still, the positioning strategy of E-mart was truly ground breaking in distancing itself from its competitors. The lessons from E-mart will help those companies currently in a stagnant situation or a crisis to turn their obstacles into great success.