• Journal of the Korean Statistical Society
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• v.8 no.2
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• pp.139-163
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• 1979

Utilization of the aggregation concept applied in economics has been a traditional way of describing the state of an economic system and of predicting the future economic conditions. In addition, certain aggregate variables have also played a crucial role as indicators of the business cycle. Quick examples would be the price index, the productivity changes, the industrial production index, GNP, and so on. The methods of aggregation could be either simple summations, like GNP, or sophisticated weighted average, like the price index.

• International Journal of Quality Innovation
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• v.7 no.3
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• pp.1-14
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• 2006

Economic value added (EVA) is introduced on two levels: as index for evaluation of corporation and as index for evaluation of business unit. In the latter case, application of one and the same cost of capital to all business units of a business corporation may be possible, but it is a fundamental policy for EVA to apply different cost of capital to business units with different risks. Estimate of cost of capital of business units is a problem to be resolved. The author, focusing on the question of the estimate of cost of capital of business units, has conducted a demonstrative study on risk structure of cost of capital estimates by using financial indices of Japanese manufacturers (37 automotive industries, 141 electrical and electronic machinery industries, 63 food processing industries, 98 chemical industries, 125 general machinery industries) for a period of 5 years from 1995 to 1999. The author presumes that $\beta$ is explained by a regression formula ${\beta}=B_0+{\Sigma}B_iY_i+{\alpha}$ ($Y_i$: financial indices) and selects 40 explanatory variables from financial statements as risk components. Using their financial indices, the author concludes through a series of statistical analyses that there is a good likelihood of estimating cost of capital for Japanese industries and is convinced that it will lead to more reliable and practical results by assigning averages and variances to 40 primary financial indices for a period of 3 to 5 years selected in this demonstrative study.

• Asia-Pacific Journal of Business
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• v.15 no.2
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• pp.257-270
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• 2024

Purpose - The purpose of this study is to analyze the changes in the business environment, business conditions, and detailed indicators related to management of Korea's port industry companies as global supply chains have been reorganized since the shock of COVID-19 in 2020 and uncertainties in the global economy have expanded. Design/methodology/approach - This study use the business survey index of the port industry to analyze. It is a weighted BSI with the weight of workers applied. Findings - Since 2020 the BSI in the port industry including business conditions, sales unit price, profitability, and financial conditions fluctuated, but it has been generally above normal level(100). During the analysis period, the BSI for export sales was found to be better than that of domestic sales. Employment BSI was generally stable, and in the case of facility BSI, the port industry was shown to be very active in facility investment. Research implications or Originality - First, it is necessary to make manpower training systems to cultivate experts in the port industry to cope with uncertainties caused by the rapidly changing global economy and the global supply chain environment. Second, it is necessary to support for investment in technology and facilities for automation and smartization. Finally, it is necessary to establish a continuous monitoring system for the business conditions.

• Asia-Pacific Journal of Business
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• v.3 no.1
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• pp.1-9
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• 2012

The Index of Learning Styles (ILS) instrument based on the Felder-Silverman Learning Style Model was used to determine distribution of learning styles of 125 South Korean business students enrolled in a South Korean institution of higher education. Results show that greater proportion of South Korean business students surveyed in this study prefer sensing over intuitive, visual over verbal, reflective over active, and global over sequential learning styles. The majority of business students have a balanced learning style in all four dimensions of the Felder-Silverman model. Among the students that do not have a balanced learning style, students with sensing, visual, reflective, and global learning styles dominate. Gender difference in learning style preference was not statistically significant for any of the four dimensions.

• Korean Business Review
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• v.16
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• pp.145-168
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• 2003

This study is mainly aimed at analyzing the influence of the divergency(mispricing) between KOSPI 200 theoretical prices and its real prices of KOSPI 200 spot index, considering the existence of arbitrage opportunity from the mispricing. The data in this study are the daily prices of 1262 days, from 3 May 1996 to 14 December 2000. The results of our empirical study represent that the real prices in KOSPI 200 Stock Index Futures are continuously undervalued relative to their corresponding theoretical prices. Our study reconfirms the results from previous studies conducted at the domestic and overseas markets. We conclude that the undervaluation, especially in the market opening period, could come from fear of investors, whose experiences in the stock index futures market are limited, chiefly because of loss and uncertainty of prediction toward interest rates and dividends. Our study also represents that KOSPI 200 index shows more volatilities during days with mispricing relative to days without mispricing.

• Asia-Pacific Journal of Business
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• v.8 no.2
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• pp.57-73
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• 2017

In this paper RCA and TSI has been analyzed based on Korean and Chinese lists of export (HS 6 units) and list of companies and products with competitive advantage has been deduced. The results of RCA and TSI analysis are as follows. From the list of 20 most exported items from Korea to China the RCA index for eleven of them (based on common items from 2011-2015) is bigger than 1, thus showing comparative advantage. As for the TSI index, all of the items has shown (+) value, and has been analyzed as specialization in export. In other words, companies in the fields of mineral fuel; mineral oil; organic chemicals; electrical equipment and parts; as well as optical, precision and medical instrument are industries with competitive advantage. From the list of 20 most exported items from China to Korea the RCA index for twelve of them (based on common items form 2011-2015) is bigger than 1, thus also showing comparative advantage, and the TSI index has also shown (+) value for all of the specified items, meaning specialization in export. Industries of mineral fuel; mineral oil; iron and steel, articles of iron and steel; machinery and mechanical parts, electrical equipment and parts; as well as optical, precision and medical instruments have shown competitive advantage.

• Industry Promotion Research
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• v.8 no.3
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• pp.201-210
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• 2023

This study is based on data ecology theory and takes Chinese local governments' open public data as the research object. Data asset value assessment methods are compared from a new perspective of data business operations. The results show that the assessment model constructed using the hierarchical analysis method (AHP) can more objectively reflect the commercial value of government open data assets than the traditional cost, revenue and market methods, has the advantage of a comprehensive assessment of data value index, and better reflects the findings of a comprehensive index of regional data value. The data show that the local government data value assessment index is positively proportional to the region's digital economy development index, highlighting the driving effect on the digital economy. The results of the study provide a good help for the identification of local government data value rights. The research and practice of promoting the construction of data innovation and data business operation models, improving social well-being and promoting the rapid development of the digital economy to achieve data realisation provides a good reference.

• Journal of Climate Change Research
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• v.5 no.3
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• pp.231-248
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• 2014

The goal of this research is to develop an evaluation method applying 'Green Management Index' introduced by Korean government to assess overall Green management level of the industrial sector. The method can help to grasp the present condition of Green management in Korea and analyze changes in trend. For this research, business types are classified into 8 categories and each evaluation method is developed according to each category. Green management evaluation was conducted in 2013, targeting 513 enterprises and the result was analyzed comparing that of 2011 to understand changes in trend. The evaluation shows that 1) 'strategy and system' section is tentatively vulnerable than other sections, 2) industry with higher sensitivity towards regulations has higher score, 3) there is a significant gap conducting green management between conglomerates and SMEs especially in 'system' section. The total score was elevated by 3 points compared to 2011. It is considered that the elevation of score was attributed to tightened regulations such as Target Management Scheme. Controlled Entities scored 4 points higher and 'GHG and environmental pollution' section increased by 10 points. Also, there is a wide disparity in green management evaluation between controlled entities and non-controlled entities from 5 points in 2011 to 10 points in 2013.

• Journal of Digital Convergence
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• v.17 no.8
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• pp.115-122
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• 2019

The mobile payment service, which shows remarkable growth, appears to have different situations between Korea and China. Based on the recent research, we tried to confirm that there is a difference in the technology readiness index of third-party mobile payment service between Korea and China. The data were collected from a survey of Korean and Chinese university students. As a method of analysis, t-test was conducted for each factor. The results show that there is a difference between China and Korea in all factors of technology readiness. In particular, Chinese users' optimism, innovation and discomfort were higher and insecurity was higher in Korean users. These results are expected to provide a strategic approach to expand the use of third-party mobile payment services.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.44 no.1
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• pp.71-78
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• 2021

Recently the meaning of the road name address is expended as an information through the revision of the Road Name Address Act. As this revision, the address of things (AoT) become more important indicating the possibility for the expansion to the related business. However, recent study about AoT does not concern how the current priority system works from the first research. In this study, we analyze perception about addressable object between AoT experts and public using AHP analysis. We structured the importance of addressable objects as two categories; urgency and value creation. The necessity in emergency or daily, accessibility and welfare conform the urgency index. Meanwhile, public value creation in public domain or profitability in the business area and economics conform value creation index. We conducted survey for total of 89 of experts and public. The results of this study indicate the relative importance of AoT measured by experts and public. Generally, public tend to concern more about accessibility conforming the urgency index than experts. Moreover, the public WiFi and the sports complex scored the high priority among the remain addressable objects, in respect of the urgency and the value creation. This result could be implemented for the activation of the smart city industry base on the geospatial information including AoT.