• 산학경영연구
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• 제5권
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• pp.137-159
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• 1992

• 지역연구
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• 제10권2호
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• pp.53-60
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• 1994

• 디지털융복합연구
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• 제3권1호
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• pp.115-148
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• 2005

This study is intended to suggest a more reasonable and practical method of estimating discount & capitalization rate for valuation of closely-held culture content business, that is, to modify the Buildup Summation Model(which is recommended for the closely-held business by the NACVA) by adopting the weighted ratings in the CT Project Investment Evaluation of the Korea Culture Contents Association to risk factors of the Buildup Summation Model. This method is ease to apply for closely-held culture content business and has advantages in applying the weighted rates based on the characteristics of respective culture contents. And it can make up for the Weighted Average Cost of Capital (WACC) which shows generally low discount rates.

• 경영정보학연구
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• 제20권2호
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• pp.39-62
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• 2018

컴퓨터 연산능력의 향상과 데이터를 수집하고 가공해 분석이 가능하도록 데이터를 정형화 시키는 기술이 발달함에 따라, 소셜미디어 및 인터넷 공간에서 생산되는 다양한 텍스트 데이터를 수집하고 그것을 분석하는 시도가 늘고 있다. 본 연구는 이와 같은 기술의 발전과 새롭게 시도되고 있는 분석법을 활용해 텍스트 데이터를 분석하여 과거에 설문조사 방법을 통해 확인했던 "내부마케팅"의 효과를 기존과는 다른 방식으로 확인해 보고자 하였다. 이와 같은 분석을 위해, 전/현직자들이 해당 기업의 구직자들에게 기업의 리뷰를 제공하는 플랫폼 잡플래닛(www.jobplanet.co.kr)의 리뷰 데이터를 웹크롤러를 생성하여 약 4만 건을 수집하였다. 또한 수집된 비정형 데이터를 정형화하기 위한 형태소 분석을 진행하여 명사만을 추출한 후, 미리 생성해 놓은 단어주머니에 들어있는 단어와 같을 경우 그 숫자를 세어 분류화를 진행하였다. 분류화된 내부마케팅 영역별 단어 수의 변화를 독립변수로, 시가총액 변동률을 종속변수로 활용하여, 내부마케팅과 시가총액간의 관계를 확인하고자 하였다. 그 결과, 대부분의 기존 연구와는 다르게 내부마케팅의 효과는 제한적인 영역에서만 기업의 성과에 긍정적인 영향을 미치며 대부분의 환경에서는 음의 영향을 미치는 것으로 나타났다. 산업군으로 나누었을 때, 제조업에서는 여성지원과 교육 훈련 부문에서 기업성과에 긍정의 영향을 미치는 것으로 나타났으나, 유통업에서는 직원 복지, 일-가정 양립 그리고 바이오/제약 업종에서는 직원 복지, 일-가정 양립, 사내 커뮤니케이션 그리고 보상 부문에서 모두 기업성과에 음의 영향을 미치는 것으로 나타났다. 또한 기업의 규모가 크고 역사가 오래된 기업에서는 직원 복지가 기업성과에 악영향을 미치는 것으로 나타났으나, 교육 훈련 부문에서는 종속변수에 긍정적 영향을 미치는 것을 확인할 수 있었으며, 기업의 규모가 작고 역사가 짧은 기업에서는 직원 복지, 사내 커뮤니케이션 그리고 일-가정 양립에서 종속변수와 음의 관계를, 여성지원 에서는 종속변수와 양의 관계를 갖는 것으로 나타났다. 본 연구는 이러한 결과들을 분석하여 이론적 의미뿐만 아니라, 실무적 함의를 제시하고자 하였다.

• The Journal of Asian Finance, Economics and Business
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• 제7권3호
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• pp.127-135
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• 2020

The paper aims to examine whether business cycles affect the link between financial development and bank risk, measured by Zscore and non-performing loans to total loans in six Southeast Asian countries, namely Indonesia, Philippines, Malaysia, Singapore, Thailand and Vietnam. This study uses a sample of 95 listed commercial banks over a 15-year period between 2004 and 2018 in the six Southeast Asian countries. This study employs panel OLS regression and modifications to tackle issues such as endogeneity and heteroscedasticity. The results show that the impact of stock market development (the ratio of the market capitalization to GDP) on Zscore is significantly positive, whereas its effect on non-performing loans is significantly negative. The findings suggest that financial development, in terms of stock market capitalization, improves banks' Zscores and reduces their level of non-performing loans, suggesting that financial development on average reduces bank risk. The impact of business cycle is insignificant towards bank risk, thus rejecting both counter- and pro-cyclical hypotheses, except for the case of risk indicator of loan loss provisions. Examining the joint effect of the business cycle and financial development on bank risk, we find that the phase of business cycles generally does not moderate the link between financial development and bank risk.

• 기술경영경제학회:학술대회논문집
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• 기술경영경제학회 1999년도 제16회 동계학술발표회 논문집
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• pp.159-177
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• 1999

Many companies still struggle with the issue of research and development(R&D) performance measurement, in particular, the nonfinancial performance measurement of R&D with coming of knowledge-based society, Of course, we would not deny the fact that financial measures play the central role in assessing the overall performance of R&D, The aim of this paper is to provide the new model to evaluate the quantitative value of technology (nonfinancial benefits). This new model is based on the technology stock(technology level) acquired in R&D process, That is, we take it for granted that the acquired technology below a certain level(<70% compare to the advanced country) can not be utilized in developing the new products or in proving the manufacturing processes, The evaluation model we create can explains the quantitative relation between the technology stock and the market value considering R&D expenditure to acquire the technology above certain level(>70%) and cost to prevent the technology obsolescence. The value of non-destructive testing technology, which is one of the electric Power technology, is measured quantitatively using our new model as a case study, We also discussed briefly the possibility of capitalization of the measured technology value.

• The Journal of Asian Finance, Economics and Business
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• 제7권10호
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• pp.119-128
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• 2020

The aim of this paper is to investigate the level of intellectual capital disclosure (ICD) in commercial banks listed on the Indonesian Stock Exchange. This paper also observed the effects of ICD and corporate governance mechanism on market value. This study uses content analysis techniques to measure ICD. The paper provides a novel approach to measure the ICD quality in developing countries using a four-numerical coding system. Secondary data were obtained from the financial statements and annual reports of the banks for the period 2011-2014. The data from 31 banks were analyzed using ordinary least square regression. The study reports that the quality of intellectual capital disclosure in Indonesian commercial banks increase steadily. Narrative disclosure dominates the report of intellectual capital in Indonesian banks. The results indicate that the size of audit committee, frequency of audit committee meeting, and intellectual capital disclosure affect positively the market value. Overall, the results indicate intellectual capital disclosure is associated with the market capitalization; these findings indicate that the ICD is a consideration in a stock investment decision. While regulations in Indonesia regarding intellectual capital reporting are not conclusive yet, the information needs of stakeholders have encouraged companies to expand voluntary disclosure.

• The Journal of Asian Finance, Economics and Business
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• 제6권1호
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• pp.231-240
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• 2019

The paper aims to investigate the relationship between firm size and organizational actions on adopting social media for corporate reputation management. The sample group of 198 companies is selected with a simple random sample method from the New York Stock Exchange (NYSE) listings: Sixty nine companies were from the Fortune 500 listings, seventy one companies from the NYSE midsize capitalization and fifty eight companies from the NYSE small capitalization listings. This study employs cross tabulations and Chi-square analysis, and the Kruskal-Wallis that enables the comparison of three samples that are independent. The results of the study show that (1) large firms have more social media ownership than small firms, (2) large firms respond to social media posts at a greater frequency and quickly than small firms, and (3) firm size is less likely associated with response styles to social media for online reputation management. The results show that reply time and response styles of organizations to social media customers in the 2015 survey has no significant change compared to that of 2011. There appears to be a pervasive lack strategic framework as most firms in the study were found not to be adequately monitoring or leveraging social media communication for their reputation management.

• 인터넷정보학회논문지
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• 제22권6호
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• pp.51-57
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• 2021

기업의 세금을 절약 혹은 회피하는 행동은 과세관청에 의해 합법적 절세가 아닌 탈세로 판단될 경우 기업은 조세적 비용뿐 아니라 일련의 탈세관련 보도 기사로 인해 기업이미지 손상 및 주가하락과 같은 비조세적 비용까지 부담하게 된다. 이에 본 연구는 인터넷 뉴스 포털에 나타난 탈세 논란 키워드들의 출현빈도를 해당 사건의 심각성을 측정하는 요인으로 정하고 이러한 출현빈도가 기업가치에 미치는 영향을 분석한다. 우리나라 유가증권시장에서 시가총액기준 상위 업체들을 대상으로 탈세 논란 키워드들을 활용하여 인터넷 뉴스 포털로부터 관련 기사를 크롤링하고, 기업별로 탈세 논란 키워드들의 출현빈도에 대한 시계열을 생성하여 출현빈도가 장부가 대비 시가총액에 미치는 영향을 분석한다. 패널회귀분석과 충격반응분석을 통해 분석한 결과 출현빈도는 기업가치에 부정적인 영향을 미치며 12개월까지 점진적으로 효과가 감소되는 것으로 분석된다. 이 연구는 한국기업들을 대상으로 탈세 논란 사안이 기업가치에 영향을 미치는지를 실증적으로 분석한 연구로서, 경영자는 절세전략을 수립 시 이러한 영향력을 고려하는 것이 필요하다는 것을 시사한다.

• 대한가정학회지
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• 제33권5호
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• pp.153-166
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• 1995

The Purpose of this study is to investigate the father's role of childrearing appeared in Korean central daily newspapers. The method used for this study is the content analysis of the articles related with childrearing in Dong-a ilbo and Cho-seun ilbo from 1920's to 1970's. It is found that the articles dealt with childrearing were concerned on childrearing practices conformable with social change for industrial capitalization during twentieth century of Korea. These articles dealt with problems of practices in nurturing, teaching, diciplining and interfacing between home and institutional education of school. It is found that the father's role of childrearing were gender-nonspecipic.