• 제목/요약/키워드: Inadequate Capital

검색결과 24건 처리시간 0.022초

A Causal Analysis of Conglomerate Bankruptcies

  • KU, Sang-Wuk;WHANG, Yun-Oh
    • 융합경영연구
    • /
    • 제8권1호
    • /
    • pp.12-19
    • /
    • 2020
  • Purpose - Strategic causes for the failure include unrealistic growth, overexpansion, unfamiliar new markets, volume obsession, unrealistic promises and poor project selection. Organizational causes are insufficient capital and profits, lack of business knowledge, poor financial management, poor sales skills, inadequate marketing, poor leadership, poor leadership transfer, project losses, poor field performance and owner bankruptcy. Uncontrollable causes include industry and economic weakness and banking and surety changes. While helpful, the list provides insufficient clarity regarding the causal roots of failure. Research design, data and methodology - The research framework to organize the information involved with many of the recent and large failures in the industry. Results - This research then identified five dominant root causes - excessive egoism, poor strategic leadership, too much change, loss of discipline and inadequate capitalization. Conclusion - Finally, additional input from external forces may accelerate the firm's pace to failure. It is important on the development of diagnostic tools that are based on this model and that will provide new ways to assess a conglomerate's level of risk for incurring a financial crisis.

중년기 가계의 노후준비에 영향을 미치는 요인 : 인적자본 투자의 영향을 중심으로 (Factors Affecting Middle-aged Households' Financial Preparation for Retirement : Focus on Human Capital Investment for Children)

  • 조경진;김순미
    • 가족자원경영과 정책
    • /
    • 제16권4호
    • /
    • pp.131-152
    • /
    • 2012
  • The aims of this study were to analyze middle-aged households' financial preparation for retirement. Specifically, this study surveyed the relation between human capital investment for children and the middle-aged households' financial preparation for retirement and investigated factors influencing financial preparation for retirement. Data were obtained from the 3rd Korean Retirement and Income Study (KReIS) in 2009, and a sample of 757 households was selected. The statistical methods were frequency, percentile, mean, standard deviation, ${\chi}^2$, t-test, Pearson's correlation coefficient, and logistic regression analysis. The findings of this study are as follows. First, the percentile of preparation for living costs for old age was 49.9% for the middle-aged households. In terms of the types of preparation for living costs for old age, the results showed 61.6% of personal preparation, 33.9% of pension system, and 1.3% for children and relatives. In relation to the adequacy of the preparations for living costs for old age, preparations made by 57.4% of the middle-aged households were inadequate. Observing the minimum living costs for old age and adequate living costs after retirement for single and couple, the minimum living costs of the middle-aged households was 1.46 million won for couple and 0.91 million won for single. The adequate living costs for old age was 2.07 million won for couple and 1.34 million won for single. Second, there were 757 households with total education expenditure. Of these, 208 incurred annual expenditure on public education, and the annual expenditure for public education was 7.28 million won. There were 170 households with annual expenditure for private education, and the annual expenditure for private education was 2.50 million won. 243 households of middle-aged households had annual expenditure for human capital investment, including both public and private education, with annual expenditure for human capital investment for children of 7.82 million won. Furthermore, in the human capital investment factor, there was a difference in the middle-aged households' financial preparation for retirement according to their annual expenditure for human capital investment including both public and private education. In addition, there was a difference in financial preparation for retirement based on their public education expenditure. Third, in the logistic regression model 1, which included human capital investment, the significant variables affecting the preparation for retirement of the middle-aged households were as follows : annual household income, total amount of annual household income, experience of inadequate living costs, existence of financial assets, total amount of annual household savings, financial independence, adequate living costs (for single) for old age, and human capital investment. In the logistic regression model 2, which included annual expenditure for public education and annual expenditure for private education, the significant variables affecting the preparation for retirement of the middle-aged households were as follows : annual household income, total amount of annual household income, experience of inadequate living costs, existence of financial assets, total amount of annual household savings, financial independence, adequate living costs (for single) for old age, and annual expenditure for public education.

  • PDF

Abuja시의 인구성장이 보건의료서어비스의 수요에 미치는 영향 (Effects of Growing Population and Demand for Health Care Services in the Federal Capital City, Abuja)

  • Olaleye, David Oyewole
    • 한국인구학
    • /
    • 제12권1호
    • /
    • pp.74-85
    • /
    • 1989
  • Ascertaining the actual growth rate of the population is an issue that has generated a lot of arguments amongst various scholars in the process of determining the actual census count. As such, this has had a pronounced effect in the determination of the actual growth rates for different urban populations in the country. But the effect centres much when it comes to accurately determining the major components or the factors contributing to the rapid growth of urban populations. The problem of rapid population growth centres much on its effects on the available basic social services and amenities provided for the people in these areas. Factors such as levels of medical knowledge and services, nutrition, quantity and quality of housing etc. to some extent influence the quality and duration of lives of the people. As such, their importance cannot be overemphasized when dealing with the issue of population growth. The study aims to examine the rate of population growth in the Federal Capital City, Abuja with respect to the available public provision of basic social services among other objectives. The findings from the data obtained from the Population Survey conducted in the city in 1985 show that the health care facilities available in the capital city are grossly inadequate to serve the entire inhabitants of the city. Moreso, the volume of in-migration into the city also compounds the health problems facing the city. The conclusion is that there is need for more resources to be allocated to the health sector to guarantee adequate and functional health care services in the city.

  • PDF

우리나라의 낙농단지규모에 알맞는 사료가공시설의 모델개발(II) -TMR 지원시설의 모델 개발- (Development of Farm Size Dairy Feedmill System in Korea(II) -Development of the TMR Main Center-)

  • 김태욱;박경규
    • Journal of Biosystems Engineering
    • /
    • 제19권4호
    • /
    • pp.343-357
    • /
    • 1994
  • Current commercial dairy feed has various problems in low feed productivity, inadequate formulation and higher feeding cost due to excessive capital investment and non-specialized system for the end product. To solve those problems, 6 TMR terminal models were developed in this study. The developed TMR terminal system consists of TMR terminal, TMR main center and combined system linked TMR terminal and TMR main center. 15 TMR main center models were developed to support 10, 20, 30, 40, 50 TMR terminal(30 ton/day basis) by 3 different types, and evaluated for capital investment and operation cost by the analysis of the newly developed computer program. Optimum model size is analyzed and suggested for each model. Followings are summary of this study : 1. The capital investment costs of TMR main centers were 1,600 to 3,800 million won for type 1, 2,200 to 4,500 million won for type 2 and 2,200 to 4,800 million won for type 3. Also model MACE30 or bigger were justified as the economical models. 2. The feed production costs of TMR main center models were 3,166 to 4,824 won/ton for type 1, 3,816 to 6,182 won/ton for type 2 and 3,990 to 6,263 won/ton for type 3. So feed production cost range was 3,166 to 6,263 won/ton. 3. The bigger production capacity, the less TMR main center production cost. The feed production cost of the biggest model MACE50 was 62~65% of smallest model MACE10.

  • PDF

Worst Practice DEA모형을 이용한 조달자본의 효율성 측정연구 (Study on Procurement Capital Efficiency Using Worst Practice DEA Model)

  • 강명석;신정훈
    • 벤처혁신연구
    • /
    • 제1권2호
    • /
    • pp.35-46
    • /
    • 2018
  • 국내 자동차부품기업의 효율성 분석에 대한 연구들은 투입자산 대비 매출액등 성과창출의 크기를 산출변수로 하는 연구들이 대다수였다. 그러나 기업의 성과지표인 매출액, 영업이익, 당기순이익 등은 비용구조와 직접적인 연관이 있고, 이러한 비용구조는 기업의 자산구조와 자본구조의 변동에 의해 영향을 받는다. 결국, 적절한 투자를 통해 효율적 경영성과를 창출하는 것은 효율적 자본조달이 동시에 이루어 져야 할 것이다. 본 연구는 이러한 점에 착안하여 현대기아자동차에 차제부품을 납품하는 1차 협력업체 33개를 대상으로 기업이 창출한 매출액등 성과지표 대비 조달자본의 효율성을 측정하고자 한다. 효율성을 평가하는 방법 중 비모수적 방법으로 가장 널리 사용되고 있는 것이 선형계획법에 기반한 DEA모형이다, 그러나, 효율적 프론티어에 기반한 DEA모형은 효율성에 하향적 영향을 주는 변수를 그대로 사용할 수 없는 한계를 지니고 있다. 이로 인해 자본조달과 관련된 차입금, 총부채등에 대한 변수를 직접적으로 고려하기에는 부적합하다. 본 연구에서는 한계점을 개선하기 위해 Worst Practice DEA를 이용하여 자본조달 측면의 효율성을 측정하였으며 국내 자동차 부품기업의 자본조달 측면의 효율성 개선 방향을 제시하였다.

Cytomegalovirus Infection among Pregnant Women in Beijing: Seroepidemiological Survey and Intrauterine Transmissions

  • Jin, Qing'e;Su, Jianrong;Wu, Shanna
    • Journal of Microbiology and Biotechnology
    • /
    • 제27권5호
    • /
    • pp.1005-1009
    • /
    • 2017
  • Primary cytomegalovirus (CMV) infection during pregnancy can cause congenital defects. Available data for CMV infection during pregnancy in north China are inadequate. The aim of this study was to evaluate the epidemiology of maternal CMV infection and explore the incidence of congenital infection. In this prospective study, serum CMV IgG and IgM antibodies were measured in 2,887 pregnant women using ELISA, and the IgG avidity test was performed on all IgM-positive subjects. The seroprevalence of anti-CMV IgG was 94.70%, and of anti-CMV IgM was 1.28%. CMV IgG prevalence increased significantly with age (p < 0.01). Women living in downtown areas showed higher IgG prevalence than those residing in urban areas (p = 0.023). CMV-IgM seroprevalence was highest in autumn (p = 0.021). There was no difference in IgM seroprevalence by age, socioeconomic status, geographical area, or gravida. The rate of primary CMV infection was 0.45% (13/2,887) at the first trimester. The seroconversion rate during pregnancy was 0.76% (22/2,887). One woman underwent seroconversion during pregnancy and gave birth to an infant with asymptomatic CMV infection. Congenital CMV infection was diagnosed in five of the 14 infants from 14 mothers with active infection, for a vertical transmission rate of 35.71% (5/14). Three infants were asymptomatic, whereas two infants presented symptomatic infection with hearing deficits. Although CMV IgG prevalence is relatively high in north China, significant attention to primary CMV infection during pregnancy is still needed.

민자 SOC사업의 시공단계 업무체계 개선방향 (The Improvement of Work Structure in the Private Investment SOC Project)

  • 김대진;신승태;이영환;우성권
    • 한국건설관리학회:학술대회논문집
    • /
    • 한국건설관리학회 2004년도 제5회 정기학술발표대회 논문집
    • /
    • pp.486-489
    • /
    • 2004
  • 국내 건설산업은 국가 경쟁력과 생산성의 확대를 위해 민간자본을 유치하여 SOC시설을 확충하고 있다. 하지만 민간주체가 발주자의 역활을 수행하는 민자 SOC사업의 수행과정 중 시공단계에서 기존의 재정사업과 같은 업무체계의 적용으로 인해 민자 SOC사업의 장점이 충분히 활용되지 못하고 있으며 참여 주체들 사이에 비효율적인 업무 부담이 발생하고 있다. 본 연구에서는 현재 수행 중인 2개 민자 SOC사업의 시공단계를 대상으로 관계법령과 실시 협약서를 분석하여 각 참여주체들간의 계약구조와 업무범위 및 수행체계를 분석하고 문제점을 파악하였다. 민자 SOC사업의 문제점을 개선하는 방향으로서, 감리자의 업무 범위와 체계를 개선하여 과중한 업무부담을 줄이고 주무관청의 총체적 사업관리를 위해 감리를 대신할 전문조직을 설치하여 최적의 업무체계를 구축할 것을 제시한다.

  • PDF

소규모 의류 소매업체의 도산 원인에 관한 연구 (A Study on the Causes of Bankruptcy in Small Apparel Stores)

  • 구양숙;황연순
    • 대한가정학회지
    • /
    • 제41권10호
    • /
    • pp.199-209
    • /
    • 2003
  • The purpose of this study was to investigate the causes of bankruptcy in small apparel stores. Data were collected from 153 apparel retail store owners who experienced failure in small apparel stores in Busan. The results showed as follows; The internal factors that caused bankruptcy in small apparel stores were the problems related with employees, capital, investment, weak marketing strategies, inadequate management, and characteristics of store owners. The external factors were economic condition, unexpected incidents, and the condition of market. There were significant differences in the perception of factors which caused the store bankruptcy according to prior business experience before opening apparel stores, the level of education, and the period between store opening and closing.

On-farm Tree Planting and Management Guidelines for Medium to High Potential Areas of Kenya

  • Makee, Luvanda A.
    • Journal of Forest and Environmental Science
    • /
    • 제32권4호
    • /
    • pp.392-399
    • /
    • 2016
  • This review paper presents guidelines which stakeholders use in addressing on-farm tree planting configuration, establishment, tending, silvi- cultural management, management of pests and diseases, challenges and opportunities as practiced in the medium to high potential areas of Kenya. The tree planting configurations discussed includes blocks planting (woodlot), boundary, compound planting, home/fruit gardens, trees intercropped or mixed with pasture, trees on riverbanks and roadside. Participatory monitoring and evaluation techniques have been highlighted. The main challenges facing tree planting activities include culture and attitude of local people, land and tree tenure, inadequate technical support, lack of recognition and integration of technical information and indigenous knowledge, capital and labour shortages, lack of appropriate incentives measures, damage by domestic and wild animals, conflict over trees on the boundary and policy and legal issues. This guideline targets forest managers, extension agents, students and other practitioners in policy and day to day decision making processes in Kenya.

Challenges and Opportunities for Handicraft Traders as East Meets West at Open Air Markets in Nairobi, Kenya

  • Oigo, E.B.;Wanduara, M.W.;Nguku, E.K.
    • The International Journal of Costume Culture
    • /
    • 제13권1호
    • /
    • pp.9-11
    • /
    • 2010
  • East and West meet in Kenya as tourists to enjoy the climate, hospitality and tourist attractions. Handicraft traders target tourists from the East and the West to buy handicrafts. This research was carried out among textile handicraft traders in open air markets in Nairobi, Kenya to find out their product range, customer base and issues affecting their businesses. The study found that only 25% of the handicraft traders exported abroad. Most of the traders would like to and would benefit more from export trade; however they face challenges in doing so. Handicraft traders are constrained in exporting their products to the East and West because of insufficient information, inadequate capital and lack of contacts in the export location.

  • PDF