• Title/Summary/Keyword: Financial Funds

Search Result 249, Processing Time 0.027 seconds

The Difference between Financial Stability and Satisfaction according to Change-orientation of Urban Housewives' Family Financial Management Behavior (도시주부 가계재무관리행동의 변화지향성에 따른 가계재무건전성 및 재정만족도 차이)

  • Jeong, Mi-Sun;Kye, Sun-Ja;Kang, Hye-Kyoung
    • Journal of Families and Better Life
    • /
    • v.26 no.5
    • /
    • pp.391-403
    • /
    • 2008
  • The purpose of the study was to find the level of family financial management behavior of urban housewives and to discern the difference between financial stability and financial satisfaction according to change-orientation of financial management behavior among urban housewives, and thus provide the fundamental data to improve stability and financial satisfaction. The following findings emerged during the study: First, groups with higher change-oriented family financial management behaviors among housewives subjectively felt more financial satisfaction than other groups. Second, groups with above average levels of change-oriented management behavior appeared to have more stable families than groups with below average objective financial stability, emergency funds, risk provisions, debt burdens and liquid index. Third, groups with high levels of change-oriented family financial management behavior had higher financial satisfaction.

A Study on the Raising of Academic Library Development Funds (대학도서관 발전기금 모집에 관한 연구)

  • Choi Yong-Gwan
    • Journal of Korean Library and Information Science Society
    • /
    • v.36 no.3
    • /
    • pp.313-334
    • /
    • 2005
  • This study is to find the way to solve the expecting financial problems of academic library which has to secure more students than other universities. to be specialized. and to have a growth in quality. due to the decline of birth rate and increase of the number of university students. And also I would like to pave the way for raising funds. which will be the pending issue shortly. through studios and data analysis of the condition and way to collect academic library development fund and university development fund in Korea and America. Especially this study introduce some cases to raising funds at University at Albany. University of Kentucky. University of Cornell and the evaluation for the raise funds at 23 universities in the state of California, USA.

  • PDF

The Evaluation of Chinese Mutual Funds Performance

  • Wang, Seol-Lyang;Lee, Yu-Tae;Lee, Chang-Gyu
    • The Korean Journal of Financial Studies
    • /
    • v.13 no.1
    • /
    • pp.133-160
    • /
    • 2007
  • 본 연구는 중국 뮤추얼펀드를 대상으로 폐쇄형(48개), 개방형(17개)으로 구분하여 총 65개 펀드에 대해 성과를 측정해보고, 이를 통해 중국 뮤추얼펀드가 지수대비 어떠한 성과를 보여주고 있는지를 살펴보고자 한 연구이다. 성과 평가 실증기간은 폐쇄형 펀드가 2002년 1월 4일부터 2004년 12월 31일까지 3년으로 하며 개방형 펀드가 2003년 1월 3일부터 2004년 12월 31일까지 2년으로 하였다. 실증연구방법들은 CAPM에 기반한 트레이너 모형, 샤프 모형, 젠센 모형과 장세판단능력 측정 모형인 트레이너-마주이 모형이다.

  • PDF

The Funding system for Shanghai Metro And The Practical Experiences of Utilizing Foreign Funds

  • Zhou Yao Dong
    • Proceedings of the KOR-KST Conference
    • /
    • 1998.09a
    • /
    • pp.185-191
    • /
    • 1998
  • Metro, as a kind of city rail transit, is a modem city passenger transit system with mass transportation and independent special rails. It has become a backbone of the traffic in the metropolis and an important modern symbol of a city. A modem traffic system is indispensable for Shanghai to be an international metropolis of finance, trade and economy. At present, Shanghai metro line No. 1 and its extension have been put into operation, metro line NO. 2 will be put into trial operation by the end of 1999, the Pearl Line, an elevated rail transit system is under construction and other lines will be constructed later according to the plan. But the funding of the city rail transit construction (both metro and light rail) is a big difficult problem to the infrastructure construction of the metropolises either at home or abroad, which is also a problem to restrict the development of the city rail transit of Shanghai. We have learned from the internal and external experiences of the rail transit construction that it is an important means to deal with the funds of the city rail transit construction to actively utilize foreign funds. It makes up the shortage of the internal funds on the one hand, the external advanced science and technology and the management experiences can be introduced on the other hand. In order to discuss and study conveniently with you together the new problems appearing in the metro construction and to open up a new train of thought, this article will give out a certain analysis and description to the funding method in the metro construction of Shanghai and the characteristics of utilizing foreign funds in the rail transit construction as well as the problems which we are faced with.

  • PDF

Towards Sustainability of Single-Owner Entities: An Examination of Financial Factors That Influence Growth of Sole Proprietorship

  • MAKUDZA, Forbes;MANDONGWE, Lucia;MURIDZI, Gibson
    • The Journal of Industrial Distribution & Business
    • /
    • v.13 no.5
    • /
    • pp.15-26
    • /
    • 2022
  • Purpose: There has been a consistent failure of businesses that are run by a single person. Most of these collapse at infancy prematurely and those that survive continue to operate at minimal capacity. The study thus sought to enhance growth of sole proprietors from being small entities to large corporates. Financial determinants of business growth were earmarked for research as they were amongst the grey areas of business growth research. Research design, data and methodology: The target population of the study was made up of groceries retail sole proprietors operating in Epworth, Zimbabwe. Questionnaires were used in a once-off cross-sectional survey using stratified random sampling. Through a deductive research approach, four financial determinants of business growth were established namely financial availability, financial management, financial evaluation and financial investment (AMEI). These constructs formulated the basis for the development of the model which linked financial factors to business growth. Results: The study found out that all four financial determinants were statistically significant (P < 0.05) in predicting business growth. Conclusions: The study concludes that the model tested was useful in explaining sole proprietor's business growth. Sole proprietors should have access to funding, manage received funds in an appropriate manner, invest into the business and evaluate their business processes.

Legal and Policy Tasks for Raising a Climate Fund in Response to a New Climate Regime (신기후체제 대응을 위한 기후기금 조성의 법·정책적 과제)

  • Ku, Ji Sun;Park, Chul Ho
    • Journal of Climate Change Research
    • /
    • v.9 no.2
    • /
    • pp.181-195
    • /
    • 2018
  • On December 12, 2015, the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) adopted the Paris Agreement, in which several developed and developing countries all committed to participating in the reduction of greenhouse-gas (GHG) emissions. South Korea has submitted an intended nationally determined contribution (INDC) proposal with a target to cut down 37% greenhouse gas business as usual (BAU) until 2030 in preparation for the 2030 GHG BAU. Under the post-2020 regime, which will be launched from 2021 as the agreement entered into force early, it is expected that efforts to support GHG reduction and adaptation to climate change in developing countries will be accelerated with the utilization of technologies and financial resources of developed countries. South Korea has established the Basic Plan for Climate Change Response and the Basic National Roadmap for Greenhouse Gas Reductions by 2030 to promote the response to climate change at the government level. The Ministry of Science and ICT, as the National Designated Entity designated by the UNFCCC, has come up with middle and long-term strategies for climate technology cooperation. South-Korea has an abundance of energy-consuming industries to support its export-oriented industrial structure; it is thus expected that achieving the GHG reduction target will incur a considerable cost. Moreover, in order to meet the reduction target (11.3%) of the intended nationally determined contribution proposed by South Korea, it is necessary for South Korea to actively promote projects that can achieve GHG reduction achievements, and financial resources are needed as leverage to reduce risks that can occur in the early stages of projects and attract private sector investment. This paper summarizes the theoretical discussions on climate finance and conducted a comparative analysis on the status of the funds related to climate change response in the UK, Germany, Japan and Denmark. Through this, we proposed the legal and policy tasks that should be carried forward to raise public funds that can be used for creation of new industries related to climate change as well as to reduce GHG emissions in South Korea. The Climate Change Countermeasures Act, which has been proposed by the National Assembly of South-Korea, stipulates the establishment of funds but there is no additional funding except for general account. In this regard, it is also possible to take measures such as the introduction of carbon tax or the collection and use of royalties through technology research and development projects for climate change, such as Industrial Technology Innovation Promotion Act. In addition, since funds are used in various fields such as domestic greenhouse gas reduction, technology development, and overseas projects, it is necessary to establish a system in which various ministries cooperate with the operation of the fund.

A Study on Welfare Facilities in Private Universities by Disability Types - An Analysis of MyongJi University - (장애유형별 사립대학복지시설에 관한 고찰 - 명지대학교를 중심으로 -)

  • Lee, Myoung-Ju
    • Journal of the Korean Institute of Educational Facilities
    • /
    • v.11 no.6
    • /
    • pp.22-32
    • /
    • 2004
  • Private universities are going through difficulties in improving facilities for the disabled students due to financial reasons. Extension elevators, grips on both sides of the hallways for the visually disabled, handrails on the walls of ramps and stairs in the existing building, and improvement of the dormitory chambers are some items of such facilities in this analysis of MyongJi University. Hence, financial support based on the long-term plans and evaluations from the National Treasury to private universities with financial stringencies, will be a critical promotion in appropriating educational budgets and executing corresponding funds. This will eventually bring equal development of educational welfare for the disabled students among national, public, and private universities.

A Study on Fisheries Financial Systems in Japan (일본의 수산긍융 시스템에 관한 연구)

  • 송정헌
    • The Journal of Fisheries Business Administration
    • /
    • v.31 no.2
    • /
    • pp.93-117
    • /
    • 2000
  • Fisheries finance is divided into the policy time of long period of time and low interest and the special financing institutions, such as Fisheries Co-operatives. Union system finance is the system finance, which supports the fisheries system organization. Fisheries Co-operatives in cities, towns and villages are the independent management objects. Prefecture federation of Fisheries Co-operative is in prefecture stage. Norm Chukin Bank is in national stage. Each shares functions in these three stages, and finance is performed systematically, Fisheries policy finance comprises government financial institution capital such as the Agriculture, Forestry and Fishery Finance Corporation whish is based on the capital of a country or a prefecture financial fund, and fishery Modernization Capital used as financial funds through the government. Moreover, to complement such finance institutionally, Fisheries Credit Foundations, Agriculture and Fisheries Saving Insurance Corporation and National fisheries Co-operative Trust Enterprise Mutual Aid system have been established

  • PDF

Review and Applications of NLL Estimation Method for Diffusion Processes (확산모형에 대한 NLL 추정법의 특성과 적용)

  • Hong, Jin-Young;Lee, Yoon-Dong
    • Communications for Statistical Applications and Methods
    • /
    • v.17 no.4
    • /
    • pp.599-609
    • /
    • 2010
  • Many of financial data are explained via diffusion models in modern financial research. Various types of estimation methods of diffusion processes were suggested by many authors. In this paper, we tested the properties of the NLL estimation method, suggested by Shoji and Ozaki (1998), of diffusion processes in the view of the bias and variance of the estimators and applied the method to estimate the model parameters for the U.S. fedral funds rate data and Korean inter-bank exchange rate data. By simulation study we showed that the NLL method provides relatively good estimators, in the meaning that the estimator has less bias than the Euler method, while keeping the variance similar level. We also provide the NLL estimates of U.S fedral funds rate data and Korean inter-bank exchange rate data.

Analysis on Investment Effect in Hospitals : PEFR and Tangible Assets (병원산업의 투자효과 실증적 분석 : 외부자금조달액비율과 유형고정자산 중심)

  • Lee, Yong-Chul;Jung, Yong-Mo
    • Korea Journal of Hospital Management
    • /
    • v.15 no.2
    • /
    • pp.1-14
    • /
    • 2010
  • This study tried to analyze about the investment effects on the spent capital and possessed tangible assets of some hospitals during their hospital management. For this analysis purpose, this study used the financial data of 100 hospitals which presented their financial statements to an finance-information company from 2004 to 2006. The analysis was done with PEFR(Percentage of External Funds Required) and Tangible Asset. The FEPR considered the retained interior fund relating to the investment types in the hospital industry. And the Tangible Asset was related to the possession condition of facilities and equipment. The EBIT rate(Earnings before interest and tax to sales) meaning the management performance and tangible asset turnover were used as the measured variables of investment effect. As the result of data analysis, it was identified that the tangible asset like the hospitals's facilities and equipment was not an agent significantly to influence on the management performance(EBIT rate), the eventual goal of hospital management. But, it was identified that there was some differences tangible asset turnover according to each hospital's main characteristics. And at targeting the all sample hospitals, it was found that the management performance(EBIT rate) had some significant effect on the retained earnings rate, a part of source of PEFR.

  • PDF