• 한국산업정보학회논문지
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• 제29권2호
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• pp.191-204
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• 2024

본 연구는 글로벌 정치 경제적 불확실성 따라 제조 기업의 R&D 투자가 매출액에 미치는 영향을 분석하였다. 본 연구의 변수로는 기업의 R&D 투자, 기업의 성과 지표인 매출액, 글로벌 정치 경제적 불확실성을 반영한 Global Economic Policy Uncertainty (GEPU) 수치가 사용되었다. 패널데이터 분석에 있어서 Wharton Research Data Services의 Compustat Database에 있는 제조 기업을 바탕으로 2000년부터 2023년까지 24년간 총 96분기 데이터를 사용하였다. 선행 연구에서 상대적으로 부족했던 Global Economic Policy Uncertainty 수치를 조절변수로 사용하여 기업의 R&D 투자가 매출액에 미치는 영향에 연구하였으며, 시간 지연 효과(Time lag effect)에 대해 분석함으로써 새로운 연구의 방향을 제시하였고, 기업의 효과적인 R&D 투자 전략을 실행해야 함을 시사하였다.

• 한국지리정보학회지
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• 제9권2호
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• pp.1-10
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• 2006

이 연구의 목적은 주요 조림수종의 적지적수 및 투자효율성을 분석하기 위한 GIS 응용모델을 개발하는데 있다. 이 모델은 잠재적 임분생장력과 투자효율성을 동시에 만족시킬 수 있는 수종을 선정할 수 있도록 개발되었다. 즉, 임분의 잠재적 생장력은 지위지수의 추정을 통해 그리고 산림투자에 대한 효율성은 내부투자수익율을 산출하여 수종을 선발하게 된다. 산림경영 여건과 지위지수는 일련의 FGIS 수치도면들의 처리과정을 통해 추출되는 산림입지환경인자들의 함수로 평가된다. 이와 같은 분석 과정을 거쳐서 결정된 수종별 지위지수를 토대로 잠재적 임분생장량이 높게 예측되는 수종들을 우선 선발하고, 이 수종들을 조림하여 경영하는 경우의 내부투자수익율을 산출하게 된다. 내부투자수익율이 가장 높은 것이 결국 임분의 생장량 측면과 수익성 측면을 동시에 만족시키는 수종으로 볼 수 있다. 이 모델을 서울대학교 태화산학술림에 적용하여 6개 수종에 대한 입지 여건별 적합도 판정을 위한 사례분석을 수행하였고 그 결과를 제시하였다.

• 경영과학
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• 제30권3호
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• pp.1-16
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• 2013

In this paper, we deal with an enhanced index fund strategy by implementing the exchange trade funds (ETFs) within the context of the Black-Litterman approach. The KOSPI200 index ETF is used to build risk-controlled portfolio that tracks the benchmark index, while the proposed Black-Litterman model mitigates estimation errors in incorporating both active investment views and equilibrium views. First, we construct a Black-Litterman model portfolio with the active market perspective based on the momentum strategy. Then, we update the portfolio with the KOSPI200 index ETF by using the equilibrium return ratio and weighted averages, while devising optimization modeling for improving the information ratio (IR) of the portfolio. Finally, we demonstrate the empirical viability of the proposed enhanced index strategies with KOSPI 200 data.

• 대한전기학회논문지:전력기술부문A
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• 제52권4호
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• pp.213-218
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• 2003

In front of the opening of electric distribution market in 2004, it is indispensable to have a proper estimation of power quality index and rower quality cost calculation mechanism which are indispensable to stabilize highly industrialized society and to vitalize the Investment lot electric power system. However, there were not enough measures to reflect the voltage characteristics such as voltage sags and Interruptions which make electric load in unstable operation. This paper suggests power quality index and power quality cost which translate various kinds of voltage records into bus load drop index(BLDI) and bus power quality cost(BPQC) based on aggregated load CBEMA curve. A sample calculation result shows that this method can produces the acceptable power Quality index and costs for utilities and customers requirements.

• 디지털산업정보학회논문지
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• 제4권4호
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• pp.103-111
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• 2008

While the demand for ASP(Application Service Provider) focused on small and medium enterprises who are fully aware of needs of ICT readiness has been increasing, those who consider to adopt ASP are wondering whether their performance would be actually successful if they did. These concerns can be an important standard of judgement, when introducing new information systems, by analyzing ROI(Return on Investment) on the current enterprises. Therefore, to review the feasibility of investing IT and measuring the performance, this study suggests a framework for ROI analysis which estimates IT investment performance, through multi-criteria approach on both financial performance index and non-financial one. We applied methodology on ASP-based IT investment performance evaluation to sample manufacturing companies under 50 employees and deduced the main implications to be considered when introducing the system.

• 한국전자거래학회지
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• 제9권2호
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• pp.33-50
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• 2004

본 논문에서는 정보화 투자에 대한 성과평가를 통해 공공부문의 정보화 예산투자에 대한 타당성과 효과성 측정 방안, 그리고 투자대비 효과의 적합성을 제고 할 수 있는 계량적 평가모델을 제시하였다. 즉, 전자정부 과제로 추진된 정부전자문서유통센터 구축사업을 대상으로 정보화 투자에 대한 명확한 성과목표를 설정하고 사전평가 및 사후평가를 객관적으로 측정할 수 있는 핵심성과지표(KPI)를 개발하여 계량적 평가모델을 이용한 현장검증 연구방식으로 성과평가 결과를 도출하였다.

• 재무관리연구
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• 제25권4호
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• pp.145-182
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• 2008

As the life expectancy increases resulting in the aged society, the post-retirement life became one of the most important concerns of people. The long-term investment vehicles such as retirement savings and pension plans have been introduced to meet such demand of society. This paper examines the impact of asset allocation strategies on the long-term investment performance. Because of the unusually long investment horizon and the compounding effect, a suboptimal asset mix in a retirement plan can be a very costly and irreversible mistake. Instead of relying on anecdotal evidence to evaluate the merits of different allocation strategies, this paper performs various tests including stochastic dominance tests using both actual data and Monte Carlo simulated data that best fit the historical experience. The results indicate 1) the long-term investments perform better than the short-term investments, 2) the optimal asset allocation strategy for the long-term investments should be highly equity dominated.

• 통상정보연구
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• 제9권3호
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• pp.23-32
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• 2007

The purpose of this study is to estimate and analyse the relationship between efficiency of bank industry and macroeconomic variables. We employ Johansen's multivariate cointegration methodology, since the model must be stationary to avoid the spurious results. The empirical results show that our model is stationary as well as mean-reverting. This paper also applies impulse-response functions to get additional information regarding the responses of the bank spread to the shocks economic variables such as long and short term interest rates differential, banking organ liquidity, business cycle index, and foreigner's net equity investment. The results indicate that while the bank spread respond positively to liquidity and equity investment shocks and then decay very quickly.

• 산업경영시스템학회지
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• 제32권4호
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• pp.124-127
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• 2009

When multiple rates of return occur, none of them is an accurate portrayal of project acceptability or profitability. For the simple investment situation, it was known that the IRR can serve as an appropriate index for either accepting or rejecting the investment. But, in this situation, we present that the IRR criterion is not same to DCF criterion. On the contrary we can easily show that the RRR criterion is completely consistent with the DCF criterion. Thus, the RRR is very well match for an accurate portrayal of project acceptability or profitability.

• 국제학술발표논문집
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• The 1th International Conference on Construction Engineering and Project Management
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• pp.1244-1249
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• 2005

Present PII(Private Infrastructure Investment) in Korea has increased up to 11% compared to the year 2003 and is expected to increase in the future. In spite of its rapid increase, we don't have any definite standard or system which distinctly presents the rate of return for domestic PII yet, and practical and scientific research is not sufficient compared to its necessity and importance. Hence, in this study we suggests methods to estimate the rate of return of PII to promote SOC PII to last successfully and present the proper level of rate of return of PII which is appropriate for domestic situations through diverse analysis. Therefore, to present reasonable rate of return, we have used 5 methods: previous research analysis, case study, financial index analysis, analysis of investor's rate of return, and analysis of rate of return in a real estate market. After comparing and analyzing these methods, at the end, we have presented the appropriate level of rate of return of PII, which can be applied in the domestic market.