• The Journal of Asian Finance, Economics and Business
• /
• 제8권3호
• /
• pp.845-853
• /
• 2021

The stock market shows the current health of an economy, and investment performance represents it. This study aims to clarify the relationship between financial behavior and investment decisions as well as its impact on investment results. Determine the influence of behavioral factors on individual investors' investment decisions and investment performance on the Vietnam stock market. The study surveyed 250 investors. The main analytical methods used are Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA), and Structural Equation Modeling (SEM). Research results show that Heuristic, Prospect, Market, and Herding directly and positively affect investment decision-making. Besides, the above factors have a direct and positive effect on investment performance. In particular, the Prospect factor has the strongest influence on investment decision-making and investment performance. The major findings of this study suggested that the important role of Heuristic, Prospect, Market, and Herding on Investment Decision-making and Investment Performance. Prospect had the strongest impact on Investment decision-making (β = 0.275). Heuristic had the second strongest impact (β = 0.257), then Herding (β = 0.202), and finally Market (β = 0.189) had the weakest effect. Regarding Investment Performance, the Prospect factor has a higher degree of impact than Heuristic Herding and Market.

• 가정과삶의질연구
• /
• 제7권2호
• /
• pp.61-70
• /
• 1989

The present study investigated characteristics of Korean hourehelds in the expanding stage of the family life cycle depending on decision-making of current and planned credit card use. Households which were selected for this study had at least one dependent child enrolled in primary, middle, or high school, 1998. Regarding current and planned credit card use, credit card holder (n=379) and non-holder (n=259) households and continuous (n=331) and discontinous (n=47) credit card holder households were compared. Comparisons were perfomed by t-test, one-way ANOVA, and X2-test. Related factors were households demographic characteristics, financial management behavior, perceived financial well-being, and attitudes toward credit cards. Findings indicated that holder households tended to be younger, better educated, white-collar workers, and of a higher economic status than non-holders. In comparison to non-holder households, credit card holder households had more favorable atti udes toward credit cards, reported more financial management practices, experienced less financial unbalance, and were more satisfied with their household finaces. Compared to discontinuous credit card holder households, continuous card holder households tended to be larger, have better educated wives and husbands, and have husbands who were white-collar workers. They were more likely to have higher average monthly income than discontinuous holder households. Continuous card holder households also had more favorable attitudes toward credit cards, and more strongly believed and expected financial improvement of their households, compared to discontinuous card holder households.

• Earthquakes and Structures
• /
• 제11권4호
• /
• pp.583-607
• /
• 2016

One of the main applications of seismic risk assessment is that an specific design could be selected for a bridge from different alternatives by considering damage losses alongside primary construction costs. Therefore, in this paper, the focus is on selecting the shape of pylon, which is a changeable component in the design of a cable-stayed bridge, as a double criterion decision-making problem. Different shapes of pylons include H, A, Y, and diamond shape, and the two criterion are construction costs and probable earthquake losses. In this research, decision-making is performed by using developed seismic risk assessment process as a powerful method. Considering the existing uncertainties in seismic risk assessment process, the combined incremental dynamic analysis (IDA) and uniform design (UD) based fragility assessment method is proposed, in which the UD method is utilized to provide the logical capacity models of the structure, and the IDA method is employed to give the probabilistic seismic demand model of structure. Using the aforementioned models and by defining damage states, the fragility curves of the bridge system are obtained for the different pylon shapes usage. Finally, by combining the fragility curves with damage losses and implementing the proposed cost-loss-benefit (CLB) method, the seismic risk assessment process is developed with financial-comparative approach. Thus, the optimal shape of the pylon can be determined using double criterion decision-making. The final results of decision-making study indicate that the optimal pylon shapes for the studied span of cable-stayed bridge are, respectively, H shape, diamond shape, Y shape, and A shape.

• 디지털융복합연구
• /
• 제19권11호
• /
• pp.235-246
• /
• 2021

본 연구에서는 중소기업을 대상으로 이들 중소기업의 개방형 혁신 역량과 이러한 혁신을 주체적으로 이끌 내부조직 역량이 기업성과에 미치는 영향을 분석하였다. 이를 위해 중소기업 종사자 250명을 대상으로 실증적인 분석을 하였다. 실증 연구 결과는 다음과 같다. 개방형 혁신역량의 하위 요소 중 흡수능력, 관계능력, 조직역량의 하위요소 중 CEO의 혁신성, 종업원의 혁신성, 의사결정 개방성 모두 중소기업의 비재무적 성과에 정(+)의 유의한 영향을 미쳤다. 반면 증분능력은 비재무적 성과에 유의한 영향을 미치지 않는 것으로 분석되었다. 한편, 흡수능력, 관계능력, CEO의 혁신성, 의사결정 개방성 모두 중소기업의 재무적 성과에 정(+)의 유의한 영향을 미쳤다. 반면 증분능력과 종업원 혁신성은 재무적 성과에 유의한 영향을 미치지 않는 것으로 분석되었다. 의사결정 개방성과 흡수능력이 기업의 재무적 성과 및 비재무적 성과에 공통적으로 중요한 영향을 미치는 요인으로 분석되었다. 이러한 연구 결과를 바탕으로 학술적 및 실무적인 시사점을 제시하였다.

• 한국생활과학회지
• /
• 제12권1호
• /
• pp.39-52
• /
• 2003

This study was conducted to find how to manage the household financial situation and what households demand to financial organization for their satisfaction in Chungbuk Province. The questionnaire survey was implemented from 24th of Oct. for two months and 330 households data among 350 households were analyzed and selected as a sample. The results were as follows : 1. Many households had four to six bankbooks and wives visited financial organs more frequently than their husbands. 2. Although many respondents regarded the safety as the most important point when they selected the financial organ, they were choosing the organ because of the nearness form their own house. 3. How to manage the households' financial situations and how much they were satisfied with the financial organs were different by the respondents' age and education level. 4. The younger they were and the higher the education level was, they managed the household according to the financial plan. Female consumers were more satisfied with financial organs than male did. 5. The financial problem were solved through the couple's communication in many households. This study showed the tendency that the wives' power increasing in the households's decision-making about financial problems.

• 산업융합연구
• /
• 제22권2호
• /
• pp.1-12
• /
• 2024

본 연구는 은행 성과와 관련하여 어떠한 의사결정이 영향을 미치는지 연구하고 있다. 2013년부터 2022년까지 미국에 소재한 은행의 재무제표상 자료를 이용하여 패널회귀분석을 진행하였으며, 재무적 의사결정, 경영 의사결정으로 나누어 위계적 패널회귀분석을 통해 설명변수의 효과를 살펴본다. 또한, 채권자와 주주 관점(이하 전체)과 주주만의 관점으로 성과를 나누어 분석함으로써, 각 관점의 성과를 제고시키기 위해서는 어떠한 요소를 어떻게 활용해야 하는지를 제시하고 있다. 유동성과 안정성만으로 패널회귀분석을 수행했을 시 전체 성과 관점에서는 예금 의존도와 이자보상비율이, 주주 성과 관점에서는 부채비율도 통계적으로 유의한 영향을 미쳤다. 비기술적 요소까지 더할 시엔 전체 성과 관점에서는 비기술적 요소 중 인건비 비중만이 통계적으로 유의하게 도출되었고 주주 성과 관점에서는 비기술적 요소가 통계적으로 유의하게 도출되진 않았지만, 현금비율은 통계적으로 유의한 영향을 주는 것으로 도출되었다. 마지막으로 기술적 혁신요소까지 더할 시에는 전체 성과 관점에서는 무형자산 비중이 통계적으로 유의한 것으로 도출되지 않았지만, 주주 성과 관점에서는 유의하게 도출되었다. 이해관계자의 성과 관점에 따라 미칠 수 있는 요인이 차이가 있다는 점, 그리고 다양한 의사결정 요소가 은행의 성과에 영향을 미칠 수 있다는 점이 본 연구의 의의 및 시사점이다.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권6호
• /
• pp.305-316
• /
• 2020

This paper aims to examine the application of cost-volume-profit (CVP) analysis by public universities in Vietnam. In the context where Vietnam is gradually transferring financial autonomy to public universities, the conduct of a CVP analysis in relation to these public universities is particularly urgent. Research samples were collected in 2018 and 2019 by surveying Vietnamese public universities. After collection, the data is synthesized by excel file, conformity check, data cleansing and data analysis on SPSS software by tools such as Frequency statistics, price statistics, and means. The results show that: (1) universities used the CVP analysis in decision-making, (2) information related to the CVP analysis used for decision-making by administrators remained simplistic and lacked cost-control details, and (3) the application of the CVP analysis by university administrators for decision-making was neither comprehensive nor coordinated. The findings also show that, given the current conditions in Vietnam, increasing the governance in public universities is essential, as is contributing to reducing costs, increasing universities'income, providing the best service to students, and improving the quality of training. The study calls for the flexible application of the CVP analysis, which will provide information to help managers at Vietnamese public universities make the best decisions.

• 시스템엔지니어링학술지
• /
• 제15권1호
• /
• pp.25-33
• /
• 2019

In the plant industry, the share of equipment accounts for 45 ~ 75%, which is very high. It is a traditional plant centered on processes and reactions like petroleum and chemical plants. Renewable energy generation plants such as wind power generation and solar power generation are equipment-centric plants. Equipment-centric plants are very important not only in the EPC phase but also in the operation and management phase. The procurement of equipment for plant operation and management can be divided into make and buy. Make is a method of producing equipment itself, and buy is a method of procuring equipment from the outside. The procurement method of the equipment directly affects the plant operation and management cost. In this study, the decision making of equipment procurement method for plant operation and management is defined as 4 phase. Each phase is selection of procurement decision-making objects, technology strategy perspective, finance perspective, and production perspective. In detail, we defined selection process of procurement decision-making objects and technology strategy perspective process. We will contribute to the enhancement of the competitiveness of the plant operation and management area by carrying out researches on the process and application examples of financial and production perspectives in the future.

• 한국건설관리학회논문집
• /
• 제17권1호
• /
• pp.76-82
• /
• 2016

기업의 의사결정은 실물옵션의 특성을 갖는 경우가 빈번하다. 이러한 옵션의 가치를 산정하는 일은 쉽지 않기 때문에 일방이 유리한, 즉 불평등한 계약이 맺어지는 경우 또한 흔하다. 기업의 합리적인 의사결정을 도모하기 위해서는 의사결정에 내장된 실물옵션의 성격을 정확하게 규명하고, 그 가치를 경제적으로 산정하는 방안이 체계화되어야 한다. 이에 본 연구는 건설 기업의 태양전지 구매 사례를 바탕으로 이 계약에 내장된 옵션을 분석하기 위한 프레임을 제시하였다. 또한, 이 상황에서 건설 기업이 취할 수 있는 두 가지 전략적 의사결정을 도출하고 이 전략이 갖는 가치 및 그 의미를 고찰하고자 하였다. 먼저 가격 상한의 성격을 규명하고 그 가치를 산정하였다. 그 다음으로 의사결정을 연기하는 전략을 취함으로써 얻을 수 있는 가치도 평가하였다

• The Journal of Asian Finance, Economics and Business
• /
• 제7권6호
• /
• pp.457-464
• /
• 2020

This study aims to recognize customers' real sentiment and then discover the data-driven insights for strategic decision-making in the financial sector of Saudi Arabia. The data was collected from the social media (Facebook and Twitter) from start till October 2018 in financial companies (NCB, Al Rajhi, and Bupa) selected in the Kingdom of Saudi Arabia according to criteria. Then, it was analyzed using a sentiment analysis, one of data mining techniques. All three companies have similar likes and followers as they serve customers as B2B and B2C companies. In addition, for Al Rajhi no negative sentiment was detected in English posts, while it can be seen that Internet penetration of both banks are higher than BUPA, rarely mentioned in few hours. This study helps to predict the overall popularity as well as the perception or real mood of people by identifying the positive and negative feelings or emotions behind customers' social media posts or messages. This research presents meaningful insights in data-driven approaches using a specific data mining technique as a tool for corporate decision-making and forecasting. Understanding what the key issues are from customers' perspective, it becomes possible to develop a better data-based global strategies to create a sustainable competitive advantage.