• The Journal of Asian Finance, Economics and Business
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• 제9권6호
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• pp.45-52
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• 2022

This research has the purposes of analyzing and proving empirically, such as: To investigate the effect of good corporate governance (GCG) on financial performance at banks in Indonesia through the mediating role of corporate asset growth. Theoretically, the study's results were expected to enrich and complete the repertoire of understanding in the financial management area, specifically with those phenomena related to banking financial performance and factors which influenced it. The population of this research was a bank that had a Corporate Governance Perception Index (CGPI) rating from 2011 to 2020. The type of sampling used was saturated sampling; thus, the whole population is sample members. Current data analysis used SEM. GCG has a direct or indirect impact on banking financial performance, according to the findings of this study. Improved GCG results in increased public confidence, which is reflected in an increase in total assets, as well as improved banks' financial performance. As a result, it can be stated that corporate asset increase largely mitigated the impact of GCG on bank financial performance in Indonesia. Through this rapid growth from corporate assets, Bank can maximize the market expansion which is ultimately able to improve banking financial performance.

• 보건행정학회지
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• 제3권1호
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• pp.84-101
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• 1993

The current method of rate adjustment is based on the evaluation of the financial performance of hospitals. The method has the disadvantages such as too complicated, expensive process as well as low reliability due to small sample size. This study, therefore, develops a new model for the rate adjustment with the use of the composite index. In addition to that, it examines the validity of the model by comparing the result of the new method with that of the conventional method. The idea of the new model comes from the Medicare Economic Index(MEI) on which physician fees for the Medicare patients are adjusted periodically in the United States. Medical costs are classified into three groups : labor costs, materials and other expenses. Labor costs are subdivided into physicians and other personnels. Materials are subdivided into drugs and others. Other expenses are subdivided into 5 items. Macro economic indices are selected for each cost item in order to reflect the cost inflation during the specific period. Then the composite index which integrate all items according to the ration of each item in the total costs is calculated. The result from the application of empirical data to the new model is very similar to that of the current method. Furthermore, this method is very simple and also to easy to get social concensus. This model can be replaced the current method based on the analysis of the financial performance for the adjustment of medical fees.

• 경영정보학연구
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• 제13권1호
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• pp.1-11
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• 2011

본 연구는 한국 금융산업에서의 기업 데이터 품질이 경제적인 성과에 주는 영향을 2008년과 2009년 자료를 이용하여 실증적으로 분석하였다 데이터 품질은 한국데이터베이스진흥원에서 측정한 데이터 품질관리 프로세스 지수와 데이터 품질기준을 이용하였으며, 기업의 재무 성과는 금융감독원의 금융 통계정보시스템을 이용하여 수집하였다. 분석 결과, 데이터 품질은 기업의 매출액, 영업이익, 부가가치에 통계적으로 유의한 영향을 주었다. 데이터 품질관리 프로세스 지수가 1만큼 증가하면, 부가가치는 약 2.3%가 증가한다. 또한 데이터 품질기준이 1만큼 증가하면, 부가가치는 약 72.6%가 증가한다. 기업의 경영자는 데이터 품질을 개선시키도록 노력해야 하고, 경제정책 입안자들은 기업들이 데이터 품질에 관심을 갖고 데이터 품질을 개선시키도록 하는 유인책과 정책 방향을 수립해야 한다.

• 디지털융복합연구
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• 제17권4호
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• pp.65-73
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• 2019

연구는 부채비율을 종속변수로 하고 ROE(자기자본 이익률), 매출액, 유동비율, 자본총계, 운임지수인 SCFI(Shanghai Containerized Freight Index)를 독립변수로 하여 패널회귀분석을 실시하였다. GLS 분석결과, 유동비율의 경우 부채비율에 부(-)의 영향을 끼쳤고, 매출액의 경우 부채비율에 정(+)의 영향을 끼쳤다. 또한 자본총계는 부채비율에 부(-)의 영향을 미쳤다. 하지만 ROE의 경우 가설과는 다르게 부채비율에는 부(-)의 영향을 끼쳤고, SCFI지수는 유의미하지 않았다. 본 연구의 시사점으로 글로벌 선사의 부채비율이 높아질수록 글로벌 선사가 규모의 경제를 달성해 매출이 증가한 것을 확인했다. 하지만 타인자본 투입을 통한 규모의 경제실현은 매출액 증가에는 도움은 되지만, 당기순이익에는 영향을 미치지 못함을 확인하였다. 선사는 영업력을 확대하고 대형 컨테이너선을 확보하는 등의 화주 신뢰성을 확보하는 전략에 병행해야 한다. 향후 연구에서는 환율, 세계 경제 성장률, 제조업 생산지수 등을 고려한 분석이 필요하다.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.919-926
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• 2020

The purpose of this study is to analyze and test the effect of financial ratios and macroeconomics on Islamic stock returns listed in Jakarta Islamic Index (JII) other than to assess whether investment risk can be an intervening variable in this study. The type of research is explanatory in nature with a quantitative descriptive approach. The data used is based on secondary sources with a sample group of 29 companies listed on JII for a 5-year period ending 31 December 2018. The data obtained were analyzed by using SEM (Structural Equation Model) with AMOS (Analysis Moment of Structural) 21 program. The results of the study show that only financial ratios affect sharia stock returns and investment risk, while the mediation test found that investment risk does not act as a mediating variable between financial ratios and macroeconomics and Islamic stock return. These findings indicate that the role of the company's financial health is very important. Besides affecting the rate of return obtained, the company's financial health can also reflect the level of risk that investors will accept in the future. By improving financial performance properly, a company will have a positive impact on various interested parties and minimize the level of investor losses.

• The Journal of Asian Finance, Economics and Business
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• 제8권10호
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• pp.373-383
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• 2021

This article aims to examine the one-way relationship between corporate social responsibility (CSR) and the financial performance of Vietnamese commercial banks, mainly focusing on the moderating role of ownership structure. Net interest margin (NIM), return on assets (ROA), and return on equity (ROE) are selected to represent the financial performance of the bank. CSR was measured using a multi-method approach that included both quantitative and qualitative methods. Corporate Social Responsibility Expenditure (CSRE) was estimated using financial data. The Corporate Social Responsibility Disclosure (CSRD) index was created using the content analysis method. Using a sample of Vietnamese commercial banks from 2012 to 2019 to perform regressions in the dynamic panel models with the two-step system generalized method of moments (GMM) estimator, the results show a positive effect of both CSRE and CSRD on the financial performance of the bank. Empirical evidence shows that the positive relationship between CSRE and financial performance is more robust in statecontrolled banks than non-state-controlled banks. In contrast, the positive impact of CSRD on the financial performance of state-owned commercial banks is weaker than that of private banks. Finally, the paper points out the limitations and proposes future research directions.

• 대한예방한의학회지
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• 제12권3호
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• pp.21-34
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• 2008

Objectives : This paper analysed the alternative methods of calculating conversion factor for oriental medicine in the National Health Insurance and estimated the conversion factor(reimbursing price level) of the oriental medical services, based on health insurance claims data and macro economic data. Methods : Comparing cost accounting method, SGR model, and index model to estimate conversion factor in the national health insurance, six empirical models were derived depending on the scope of revenue considered in financial indicators. Classifications of data and sources used in the analysis were identified as officially released by the government. Results and Conclusion : Cost accounting analysis and SGR model showed a two digit decrease in the physician fee schedule of oriental medical services in the national health insurance, while index model indicated a positive increase in the fee reimbursed. As expected, SGR model measured an overall trend of health expenditures rather than an individual financial status of medical institutions, and index model properly estimated the level of payments to oriental medical doctors. Upon a declining share of health expenditures on oriental medicine, a global budget system fixed to a flat rate of total budget could be an opportunity as well as a challenge.

• Journal of the Korean Data and Information Science Society
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• 제28권2호
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• pp.287-295
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• 2017

2016년 3월 구글 (Google)의 바둑인공지능 알파고 (AlphaGo)가 이세돌 9단과의 바둑대결에서 승리한 이후 다양한 분야에서 인공지능 사용에 대한 관심이 높아지고 있는 가운데 금융투자 분야에서도 인공지능과 투자자문 전문가의 합성어인 로보어드바이저 (Robo-Advisor)에 대한 관심이 높아지고 있다. 인공지능 (artificial intelligence)기반의 의사결정은 비용 절감은 물론 효과적인 의사결정을 가능하게 한다는 점에서 큰 장점이 있다. 본 연구에서는 기술적 분석 (technical analysis) 지표와 딥러닝 (deep learning) 모형을 결합하여 한국 코스피 지수를 예측하는 모형을 개발하고 제시한 모형들의 예측력을 비교, 분석한다. 분석 결과 기술적 분석 지표에 딥러닝 알고리즘을 결합한 모형이 주가지수 방향성 예측 문제에 응용될 수 있음을 확인하였다. 향후 본 연구에서 제안된 기술적 분석 지표와 딥러닝모형을 결합한 기법은 로보어드바이저서비스에 응용할 수 있는 일반화 가능성을 보여준다.

• 아태비즈니스연구
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• 제13권4호
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• pp.91-107
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• 2022

Purpose - This study quantitatively examines the level of financial inclusion of a microfinance institution in each region and how this is changing recently, and examines the level of financial inclusion by region and various financial characteristic factors related to it. It was empirically verified what kind of significant impact actually has on the institution's major management performance indicators (stability, profitability, efficiency, and public interest). Design/methodology/approach - It was confirmed that the institution's financial inclusion index declined rapidly after 2015 as a whole, although there were some differences by region depending on regional characteristics. However, considering the fact that the number of branches per 100,000 adult population is steadily increasing nationwide, it was found that, contrary to what is known, the simple decrease in the number of branches of the institution was not the main cause. Findings - The analysis results of this study show that the institution's efforts for financial inclusion have a positive impact on profitability, stability, efficiency, and public interest, and that the institution pursues profitability, efficiency, stability, and public interest. showed that some trade-offs exist. In other words, overall, it was analyzed that profitability of the institution has a positive effect on efficiency, and efficiency has a positive effect on stability and public interest. Research implications or Originality - Since the institution's efforts to improve its profitability do not have a negative impact on its stability and public interest, it is judged that it is important to take a strategic stance, so excessive loan supply that exceeds the scope of the institution's own control needs to be avoided as much as possible. More detailed financial supply strategies and business management capabilities that enhance the asset soundness and management efficiency of safes need to be demonstrated.

• 국제학술발표논문집
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• The 6th International Conference on Construction Engineering and Project Management
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• pp.683-684
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• 2015

Project Financing (PF) is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors. However, the financial institution, the subject of financing in the case of PF in Korea, the lack of validation system of business, rather than to assess the feasibility of the project, requested a credit reinforcement to the construction company, the fact is Construction Company on loans of the employer is the guarantor or debt argument commitments accordingly. As a result, PF contingent liabilities, which are indirect debt, are triggered in the construction company, not included in the financial statements, along with the disclosure standards established according to 2009 PF contingent liabilities, and major can be a management item. In this study, PF contingent liabilities is of Pearson of the index and the PF debt ratio showing the main financial ratios and risk by classifying the credit rating and contractors Ranking of construction companies in order to analyze the impact on the financial condition of the company was performed correlation analyzes, through the Pearson correlation coefficient analysis indicated quantitative or negative relationship to derive the explicit indication.